diff --git a/app.py b/app.py
index 0e5decb..70a9c48 100644
--- a/app.py
+++ b/app.py
@@ -660,6 +660,7 @@ with tab_fundlab:
                               else "—"),
                     "alpha 5y": (f"{_a5*100:+.1f}% (t={_v['alpha_t_5y']:+.1f})"
                                  if isinstance(_a5, (int, float)) else "—"),
+                    "reference (5y)": _v.get("ref_5y") or "—",
                     "corr port": (f"{_v['corr_portfolio']:.2f}"
                                   if isinstance(_v.get("corr_portfolio"),
                                                 (int, float)) else "—"),
@@ -670,14 +671,18 @@ with tab_fundlab:
                 })
             st.dataframe(pd.DataFrame(_tbl), width="stretch")
             st.caption(
-                "Screen: daily total returns vs 21 broad sleeve axes (same "
-                "set for every fund); 'alpha 5y' = OLS intercept over the "
-                "last 5 years (t-stat); 'corr port' = correlation with your "
-                "current qspnx/pmaix portfolio; '6m + %' = share of rolling "
-                "6-month windows where the fund beat its fitted sleeve mix. "
-                "CANDIDATE = R²5y < 0.6 (or < 0.85 with strong residual "
-                "alpha), t5y ≥ 2, t-full ≥ 1.25, ≥ 45% positive windows, "
-                "portfolio correlation < 0.3.")
+                "Screen: daily total returns IN EXCESS OF THE 3-MO T-BILL "
+                "RATE (BIL) vs 21 broad sleeve axes (same set for every "
+                "fund); 'alpha 5y' = OLS intercept of the excess returns "
+                "over the last 5 years (t-stat) — i.e. outperformance vs "
+                "the fund's OWN fitted sleeve mix (the 'reference' column), "
+                "not vs one index; a cash position earns exactly the t-bill "
+                "rate and adds zero alpha. 'corr port' = correlation with "
+                "your current qspnx/pmaix portfolio; '6m + %' = share of "
+                "rolling 6-month windows where the fund beat its fitted "
+                "sleeve mix. CANDIDATE = R²5y < 0.6 (or < 0.85 with strong "
+                "residual alpha), t5y ≥ 2, t-full ≥ 1.25, ≥ 45% positive "
+                "windows, portfolio correlation < 0.3.")
 
     # --- return-driver clusters: k-means on 35-sleeve loading vectors ---
     with st.expander(
@@ -771,11 +776,14 @@ with tab_fundlab:
                 r.pop("_t")
             st.dataframe(pd.DataFrame(_rows), width="stretch")
             st.caption(
-                "Each fund's daily returns are regressed on 35 sleeve axes "
-                "(equity styles/sizes/intl/EM, the duration ladder, IG/HY/"
-                "muni/MBS/preferred/EM-debt credit, sectors, gold/oil/"
-                "commodities, CTA); the 35-d loading vector is the fund's "
-                "'return-driver signature' and k-means groups similar "
+                "Each fund's daily total returns IN EXCESS OF THE 3-MO "
+                "T-BILL RATE (BIL) are regressed on 34 sleeve axes (equity "
+                "styles/sizes/intl/EM, the duration ladder, IG/HY/muni/MBS/"
+                "preferred/EM-debt credit, sectors, gold/oil/commodities, "
+                "CTA); the loading vector is the fund's 'return-driver "
+                "signature' — the betas are its NET INVESTED mix — plus a "
+                "virtual CASH axis = 1 − Σβ (net cash/T-bill position; 1 = "
+                "fully in cash, < 0 = levered). k-means groups similar "
                 "signatures. 'corr port' is shown for reference only - "
                 "high-corr funds are REPLACEMENTS for current holdings, "
                 "not rejections.")
@@ -1096,9 +1104,10 @@ with tab_fundlab:
         if _dr.get("note"):
             st.markdown("**Holdings cross-check:** " + _dr["note"])
         st.caption(
-            "Method: daily total returns; greedy forward selection on BIC "
-            "(add only if ΔBIC ≥ 2 and |t| > 2); candidate sleeves curated per "
-            "fund from the strategy text + N-PORT. β = exposure, not a literal "
+            "Method: daily total returns IN EXCESS OF THE 3-MO T-BILL RATE "
+            "(BIL); greedy forward selection on BIC (add only if ΔBIC ≥ 2 and "
+            "|t| > 2); candidate sleeves curated per fund from the strategy "
+            "text + N-PORT. β = exposure, not a literal "
             "holding weight; 'drift' = mean |rolling 1y β − full β| relative to "
             "the full β. High-R² + low drift ≈ static mix; low R² with positive "
             "alpha ≈ market-neutral/alpha strategy.")
diff --git a/fundlab/RESEARCH.md b/fundlab/RESEARCH.md
index b20c93f..e4e821c 100644
--- a/fundlab/RESEARCH.md
+++ b/fundlab/RESEARCH.md
@@ -981,3 +981,95 @@ kills nohup'd processes (the CEF batch and the first watchdog both
 died that way; the batch was resumable so no data was lost).
 server_watchdog.sh had to be relaunched manually; consider a
 boot-time starter (systemd/cron @reboot) if reboots repeat.
+- 2026-08-30 15:09 === stage screen ===
+- 2026-08-30 15:09 screen: 2384 funds, 2384 to do
+- 2026-08-30 15:10 screen: 100/2384
+- 2026-08-30 15:11 screen: 200/2384
+- 2026-08-30 15:11 screen: 300/2384
+- 2026-08-30 15:12 screen: 400/2384
+- 2026-08-30 15:12 screen: 500/2384
+- 2026-08-30 15:13 screen: 600/2384
+- 2026-08-30 15:13 screen: 700/2384
+- 2026-08-30 15:14 screen: 800/2384
+- 2026-08-30 15:14 screen: 900/2384
+- 2026-08-30 15:15 screen: 1000/2384
+- 2026-08-30 15:15 screen: 1100/2384
+- 2026-08-30 15:16 screen: 1200/2384
+- 2026-08-30 15:17 screen: 1300/2384
+- 2026-08-30 15:17 screen: 1400/2384
+- 2026-08-30 15:18 screen: 1500/2384
+- 2026-08-30 15:18 screen: 1600/2384
+- 2026-08-30 15:19 screen: 1700/2384
+- 2026-08-30 15:19 screen: 1800/2384
+- 2026-08-30 15:20 screen: 1900/2384
+- 2026-08-30 15:20 screen: 2000/2384
+- 2026-08-30 15:21 screen: 2100/2384
+- 2026-08-30 15:21 screen: 2200/2384
+- 2026-08-30 15:22 screen: 2300/2384
+- 2026-08-30 15:22 screen done: 2384 funds
+- 2026-08-30 15:22 === stage finalize ===
+- 2026-08-30 15:22 finalize: 2384 funds screened
+- 2026-08-30 15:22    1339  sleeve mix
+- 2026-08-30 15:22    1001  weak/unstable alpha
+- 2026-08-30 15:22      17  no 5y window
+- 2026-08-30 15:22      11  CANDIDATE
+- 2026-08-30 15:22      10  alpha, but correlated with current portfolio
+- 2026-08-30 15:22       6  alpha in 5y window, but not persistent
+- 2026-08-30 15:22   candidates v1 name-filter would have missed: ['aguax', 'etsix', 'femdx', 'hicox', 'prfrx', 'puls', 'rctix', 'rpifx', 'scfzx']
+- 2026-08-30 15:22 === overnight run finished in 0.2h ===
+
+### Alphas recomputed in EXCESS of the 3-mo T-bill rate (risk-free netting)
+
+**Question that triggered it:** "Are we using cash return as a risk-free
+rate in the alpha calculations?" — No. Alpha was the OLS intercept of
+RAW daily total returns. For a fund whose net sleeve exposure is not
+~100% (under-invested or levered), the raw intercept absorbs the T-bill
+yield on the uninvested/levered part, so "alpha" mixed skill with cash
+drag. Magnitude (5y, R²>0.5 funds): 582 funds >2%/yr apart, 533 in
+1-2%, 345 in 0.5-1%. Sum-of-betas was also polluted by level-matching
+(median 1.15; a plain growth fund like bggsx showed 3.7 with a −10%/yr
+"alpha" that was pure level-splitting).
+
+**Changes:**
+- decompose.py: `rf_series()` = BIL (SPDR 1-3mo T-Bill) daily total
+  return — the local stand-in for the 3-mo T-bill yield; `excess()`
+  nets the fund AND the sleeves against it before every regression.
+  Cash positions now contribute exactly zero (cash IS the rf).
+- CASH_SLEEVES {shv, bil} dropped from the regressors: in excess space
+  they are ~0 columns (ill-conditioning); the cash position is captured
+  by the residual instead. Same for factors.py (shv added to
+  DROP_FROM_REGRESSION).
+- **FULL_WINDOW moved 1990-01-01 → 2007-06-01** (BIL inception):
+  mixing raw pre-2007 with excess post-2007 returns breaks the
+  full-window fit (cosix: R²≈0, zero components selected).
+- **CASH axis redefined** from alpha_ann/cash_yield (the old version
+  was measuring the yield level that no longer lives in the intercept)
+  to **net cash position = 1 − Σβ**: the betas are the net-invested
+  mix, the leftover is cash/T-bills. Pure MMF → 1.0; levered → < 0.
+  Labeled "cash (net posn)". `factors.cash_yield()` removed.
+- Alphas in the app are now true excess-return alphas: intercept of
+  (fund − rf) on (sleeves − rf).
+
+**Verification (probes):** qcmmrx (money market): alpha −0.17%/yr
+(t=−1.3, noise), cash 1.00. vsbsx (short-T index): alpha 0.03%, cash
+0.77 + short duration. bggsx: Σβ 1.25 (was 3.7), alpha −3.6%
+(t=−0.6). IVV: alpha 0.00% (t=+36.7). cosix full-window fixed
+(R² 0.60, vweax 0.45/agg 0.15/ief 0.15).
+
+**Consequence — the CANDIDATE list shrank 250 → 11.** Most of the old
+250 were under-invested funds (bond funds with Σβ<1) whose "alpha" was
+the T-bill yield on their uninvested portion. The 11 that survive are
+funds whose excess alpha is real. Verdict mix now: 1339 sleeve mix,
+1001 weak/unstable alpha, 11 CANDIDATE, 10 correlated, 6 not
+persistent, 17 no 5y window.
+
+**Reference visibility (the "what is alpha computed vs" question):**
+alpha is NOT vs one index — it is vs the fund's own fitted sleeve mix
+(BIC forward selection). fundlab/refback.py recomputes the forward
+selection per fund and stores `ref_5y`/`ref_full` strings in
+search_all.json; the app's alpha-search table now has a "reference
+(5y)" column.
+
+**Backups of the raw-alpha era (NOT deleted):**
+factor_results_rawalpha.json, decompose_results_rawalpha.json,
+search_all_rawalpha.json, cluster_kmeans_rawalpha.json.
diff --git a/fundlab/cluster.py b/fundlab/cluster.py
index f121d81..606d680 100644
--- a/fundlab/cluster.py
+++ b/fundlab/cluster.py
@@ -30,7 +30,7 @@ HERE = Path(__file__).parent
 RESULTS = HERE / "factor_results.json"
 TREE = HERE / "cluster_tree.json"
 KMEANS = HERE / "cluster_kmeans.json"
-from fundlab.factors import AXES, DRIVERS, cash_yield  # noqa: E402
+from fundlab.factors import AXES, DRIVERS  # noqa: E402
 
 
 def log(msg: str) -> None:
@@ -39,7 +39,6 @@ def log(msg: str) -> None:
 
 def loading_matrix() -> tuple[list[str], np.ndarray]:
     d = json.loads(RESULTS.read_text())
-    yld = cash_yield()
     syms, rows = [], []
     for sym, v in d.items():
         # full window preferred; funds without 250 complete-case rows
@@ -51,13 +50,11 @@ def loading_matrix() -> tuple[list[str], np.ndarray]:
             continue
         row = np.array([f["betas"].get(s, 0.0) or 0.0 for s in DRIVERS],
                        dtype=float)
-        # virtual CASH axis: the fund's intercept (annualized alpha) is
-        # its yield capture - for a cash fund that IS the exposure,
-        # because OLS puts a near-constant yield level in the intercept
-        # rather than in the (small) shv/bil slope. Normalize by the
-        # recent cash yield so 1.0 == "earns the cash rate".
-        alpha = f.get("alpha_ann")
-        row = np.append(row, (alpha / yld if alpha is not None and yld else 0.0))
+        # virtual CASH axis = net cash position = 1 - sum of the betas.
+        # Alphas are in excess of the T-bill rate, so the betas are the
+        # NET INVESTED mix; whatever is left over sits in cash/T-bills.
+        # Pure money-market fund: all betas ~ 0 -> cash ~ 1.
+        row = np.append(row, 1.0 - row.sum())
         # winsorize at +/-4: everything beyond that is an OLS noise fit
         # (R2 ~ 0.01, |t| < 2 - e.g. fyhtx shv +63.8), never a real
         # exposure (no open-end fund runs 400% of a sleeve)
@@ -148,11 +145,11 @@ SLEEVE_NAME = {
     "xlv": "healthcare", "xlp": "staples", "xlu": "utilities",
     "xly": "consumer disc", "xlb": "materials", "dbmf": "CTA/futures",
     "dbb": "commodities",
-    "cash": "cash (yield)",
+    "cash": "cash (net posn)",
 }
 
-# the CASH axis is a yield LEVEL (alpha/cash-yield, 1.0 = earns the cash
-# rate), not a return SENSITIVITY like the betas. In raw Euclidean space a
+# the CASH axis is a POSITION (net cash, 1.0 = fully in cash), not a
+# return SENSITIVITY like the betas. In raw Euclidean space a
 # pure cash fund (0,...,0,~0.5) sits inside the cloud of low-exposure
 # balanced/target-date funds and k-means swallows it. Emphasize the axis
 # for DISTANCE only (labels still use the raw values).
diff --git a/fundlab/cluster_kmeans.json b/fundlab/cluster_kmeans.json
index 1e98941..2587f4a 100644
--- a/fundlab/cluster_kmeans.json
+++ b/fundlab/cluster_kmeans.json
@@ -1 +1 @@
-{"k": 30, "clusters": {"0": {"n": 260, "top": {"cash": -0.27527270398526693, "ivv": 0.08865229488663037}, "label": "no dominant driver (balanced/idio)", "syms": ["aaaox", "aaarx", "aabkx", "aacrx", "aaekx", "aaftx", "aagtx", "aahmx", "aahtx", "aaltx", "aamtx", "aantx", "abaex", "abiax", "abtfx", "abuax", "acgix", "advdx", "aioax", "alfyx", "alvix", "amfex", "archx", "arcvx", "ardgx", "ardsx", "arevx", "arfvx", "ariix", "arskx", "artox", "aryix", "avemx", "bearx", "bglax", "bgnmx", "blpax", "bndw", "bnglx", "btbfx", "btsmx", "cavax", "ccfax", "cdazx", "cetfx", "cfvlx", "cptnx", "csuax", "ctcax", "ctlax", "cusex", "czmvx", "dbalx", "dboax", "ddiax", "ddvax", "dhlax", "difax", "dmcvx", "domix", "dvipx", "dvrkx", "dxhyx", "dxnlx", "eaasx", "eatvx", "ebnd", "ehstx", "eimgx", "emaax", "ethsx", "evtmx", "famex", "fascx", "femgx", "ficmx", "figfx", "figkx", "fisex", "fiusx", "fkusx", "fmsfx", "fmuax", "frbsx", "fsamx", "ftgsx", "fusgx", "gaigx", "gaiox", "gblax", "gcblx", "glnax", "gmdyx", "gpgix", "hciex", "hcimx", "hiadx", "hiahx", "hstax", "iautx", "icmbx", "iifax", "imrfx", "indzx", "inutx", "isfax", "ivoax", "jdvwx", "jgrsx", "jmvsx", "jvmrx", "ktrax", "laffx", "lbsax", "lfeax", "lfiax", "lfmax", "lftlx", "lsofx", "ltmax", "lvitx", "maagx", "macfx", "magwx", "mamax", "mapax", "medhx", "mffsx", "mmufx", "moat", "mofix", "msoax", "mstfx", "mstgx", "mvcax", "nbrvx", "ncbgx", "ncbix", "nefox", "nlgax", "nsbax", "nseix", "nyaax", "oakbx", "oakmx", "oakwx", "oalvx", "pacax", "pacjx", "paekx", "paelx", "pafmx", "paxhx", "paxwx", "pbamx", "pcdlx", "pcef", "pckex", "pdizx", "pgvax", "pjiax", "ppqax", "prfdx", "prgmx", "pritx", "prsgx", "prtix", "pwtax", "pxwgx", "qwld", "rapax", "rclax", "rdccx", "rgiax", "rgsax", "rhltx", "rous", "rresx", "rrrax", "rseax", "ryeux", "ryfix", "ryhrx", "rykix", "rylix", "rymsx", "ryocx", "rypix", "ryuix", "ryzax", "segmx", "semcx", "sgidx", "sginx", "shyd", "smoax", "sokax", "spdax", "spgm", "sphd", "spip", "splv", "spqax", "spyd", "spyv", "sthyx", "suvax", "tbhdx", "tblpx", "tblqx", "tblsx", "tebix", "tedix", "temgx", "tgtrx", "tigix", "tllvx", "tlstx", "tmlcx", "tpinx", "tplix", "tqgex", "trmvx", "trrex", "trszx", "trvlx", "tsbax", "twsmx", "usbox", "vadcx", "vdadx", "vffvx", "vforx", "vgivx", "vhyax", "vigi", "vimax", "vitax", "vmvlx", "vrgwx", "vrnix", "vrttx", "vspgx", "vspvx", "vthrx", "vtivx", "vtthx", "vttsx", "vttvx", "vtwix", "vviax", "vwnax", "waesx", "wasmx", "wayex", "wbalx", "wmbdx", "wraax", "wsbfx", "xmlv"]}, "1": {"n": 21, "top": {"shv": 2.55531396213416, "vwo": 0.7698616847127411, "vtv": 0.3469227435374135, "shy": -0.24671308201664746}, "label": "cash/ultra-short +2.56 + EM equity +0.77 + US value +0.35", "syms": ["aotax", "brkax", "cefix", "cemvx", "dgeax", "emptx", "evcgx", "fairx", "fceex", "fhkax", "nesgx", "ngcax", "pdeax", "pfslx", "piefx", "qcgdx", "revs", "ryilx", "semvx", "smqfx", "tcelx"]}, "2": {"n": 187, "top": {"cash": 0.6364285986836964, "vweax": 0.10363606897347216}, "label": "cash (yield) +0.64 + HY corporate +0.10", "syms": ["aaiix", "abnax", "acfix", "acisx", "afjax", "afrax", "aglox", "aigyx", "amhix", "amlpx", "angl", "anglx", "annpx", "apoix", "arinx", "batpx", "bdsix", "biiex", "brxax", "bsnix", "bubsx", "cbhcx", "cbon", "cdcdx", "cemgx", "cfiax", "cmgux", "cpxax", "cshtx", "csoax", "cxhyx", "dcpyx", "dddax", "dessx", "dfat", "dfeox", "dffvx", "dfqtx", "dfstx", "dfsvx", "dodwx", "dscpx", "dultx", "dwas", "eaamx", "eablx", "eafhx", "eagmx", "earrx", "ebabx", "ediv", "eelv", "efax", "eipcx", "emdax", "eshix", "ethyx", "etsix", "fafrx", "fcamx", "fdgrx", "fedax", "ffrsx", "fgilx", "fhcox", "fiscx", "fite", "flpsx", "fmoax", "fndb", "fvdfx", "gbonx", "gcasx", "gdxj", "gibax", "gifax", "giocx", "giyix", "goodx", "hacsx", "heomx", "hfcgx", "hfqax", "hicox", "hstrx", "hysax", "iegax", "isra", "itiox", "kbwd", "kbwy", "lacfx", "lcsmx", "lifax", "lprfx", "lpxax", "lvhi", "masax", "mcoax", "mgiax", "mgsex", "mhcax", "mort", "mstbx", "nanr", "ndvax", "noiax", "oaycx", "omfcx", "onev", "opcax", "orncx", "oscbx", "padcx", "physx", "piamx", "pishx", "pjeax", "prfhx", "prisx", "prvbx", "prwcx", "pscd", "psce", "puls", "pvivx", "pzrmx", "qcilrx", "qcmmrx", "ravi", "rgcyx", "roam", "rokt", "rpiex", "rymbx", "rysbx", "sdlax", "secax", "seiax", "sifax", "sihax", "sioax", "sjnk", "sldax", "sllax", "slyv", "smsax", "smxax", "sphy", "spmd", "sprax", "susax", "swrlx", "temix", "tiilx", "tldtx", "tmarx", "tphix", "tqsmx", "trbfx", "trbux", "trrtx", "trrux", "ulst", "usnyx", "vcdax", "vevfx", "vfmf", "vfmo", "vgcax", "vgsbx", "vgwlx", "vicsx", "vipix", "vmfvx", "vmnix", "vrtvx", "vscsx", "vsmsx", "vsmvx", "vstcx", "vtipx", "vubfx", "vusb", "wainx", "xcem", "xmhq"]}, "3": {"n": 9, "top": {"shv": 3.6556522012842754, "cash": -2.7819355790040636, "shy": -0.6523574211138725, "qqq": 0.21291726957558155}, "label": "cash/ultra-short +3.66 + cash (yield) -2.78 + short T 1-3y -0.65", "syms": ["aceyx", "aveax", "bciix", "bgcbx", "irsyx", "iysyx", "qevox", "ryjsx", "spygx"]}, "4": {"n": 360, "top": {"cash": 0.1146259118528479, "vweax": 0.08067905730680998}, "label": "no dominant driver (balanced/idio)", "syms": ["aactx", "aadtx", "aaetx", "abalx", "abdax", "abhix", "abndx", "accex", "acitx", "acmvx", "acstx", "adfix", "aedax", "aflix", "agbvx", "ahitx", "aibax", "alaax", "amecx", "amhyx", "amrmx", "amusx", "anagx", "arbfx", "asfcx", "asylx", "atoax", "aunax", "auuyx", "bacix", "bfiax", "brcax", "brudx", "cabdx", "cabix", "caibx", "cccmx", "ccsax", "cdhax", "cenax", "cficx", "clazx", "cmiex", "cppcx", "craix", "creax", "cseix", "csrix", "csrsx", "cstax", "cthax", "cwbfx", "cwgix", "cybax", "dbmix", "dedax", "deggx", "dfrex", "dial", "dltrx", "dpcfx", "dpltx", "dsibx", "dstix", "eafvx", "eaisx", "ealtx", "ediax", "einc", "eitax", "emlax", "emlc", "emoax", "eqnax", "erth", "ethix", "evibx", "evvcx", "exflx", "facfx", "facnx", "fafdx", "fdbax", "fdiax", "feqtx", "feugx", "fftfx", "ffxsx", "fgrix", "fguax", "fhysx", "fhytx", "fidsx", "fihbx", "fiiax", "fisax", "fivlx", "fkbax", "fkinx", "fkutx", "fmbpx", "fmgix", "fmndx", "fmuux", "fosfx", "freex", "frstx", "fsrbx", "fstkx", "ftrfx", "fusix", "gbcix", "ggbfx", "gyld", "hiabx", "hubax", "hulax", "hyem", "ibnd", "ibrax", "iceux", "idivx", "igaax", "ihfax", "ineax", "inpax", "ivsyx", "jaflx", "jeqix", "jhbsx", "jhhbx", "jsnwx", "kbwb", "labcx", "lcdvx", "lcrax", "lglv", "licax", "liiax", "lphax", "lpjrx", "lprax", "lpvax", "lsbdx", "lsdax", "lsgbx", "ltrax", "lttkx", "mbdfx", "mcsax", "mdsix", "meikx", "merfx", "mfaax", "mfbfx", "mfwtx", "mgsix", "mgvax", "mhitx", "midax", "mishx", "mllax", "mltax", "mlvax", "mresx", "msfrx", "mvgax", "naarx", "nacmx", "napix", "nbarx", "ncicx", "ncoax", "ndarx", "nefzx", "nphix", "nsmmx", "nthex", "nvhax", "nwhnx", "nwqax", "oafix", "orilx", "ostax", "owfix", "owmbx", "padlx", "pajrx", "pbdix", "pbsmx", "pdbax", "pdinx", "pggix", "pgsix", "pheax", "piasx", "pibax", "pincx", "pmtgx", "pqcnx", "pqtsx", "prcix", "prcpx", "prdgx", "presx", "prfsx", 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\ No newline at end of file
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"nbiax", "nbngx", "ncgfx", "nctwx", "newfx", "nicsx", "nugax", "nyvtx", "oaklx", "ostfx", "owacx", "owlsx", "paakx", "pacjx", "paeax", "paekx", "pafmx", "pappx", "pasux", "pazlx", "pbamx", "pbqax", "pbus", "pcef", "pcjsx", "pckex", "pclrx", "peopx", "pfxf", "pggax", "pgrox", "plusx", "pmegx", "pnopx", "pnrax", "pomix", "ppqax", "prblx", "prcox", "preix", "prgsx", "prigx", "prsgx", "pruax", "psiax", "ptmax", "pxgox", "pxlix", "pxwgx", "pxwix", "qaacx", "qceqrx", "qcglrx", "qcscrx", "qcstrx", "qwld", "raax", "ralax", "rapax", "reaax", "recs", "redwx", "retsx", "reuyx", "rgeax", "rgwfx", "rhltx", "rmbhx", "rpbax", "rpgex", "rpmgx", "rseax", "rtdyx", "ryiex", "rylix", "ryrix", "rysox", "saaax", "saoox", "satox", "scpax", "sdlax", "sdyax", "secex", "sehax", "sencx", "sequx", "sgoax", "sgovx", "sigax", "sisax", "sktax", "slasx", "slcax", "slgax", "slgfx", "smgix", "spgm", "sphq", "spiax", "spinx", "spmb", "spqax", "sptm", "spyx", "srigx", "ssgax", "sspix", "supax", "suwax", "svspx", "sxpax", "tblyx", "tfoax", "tgpex", "ticix", "tlchx", "tlgwx", "tlstx", "tmlcx", "tnbix", "tnuax", "tnxix", "tplix", "tqgex", "trblx", "trbnx", "trbox", "trbpx", "trbqx", "trbsx", "trsgx", "trulx", "tvafx", "usbox", "valsx", "vasgx", "vcdax", "vdeqx", "vesgx", "vffvx", "vfiax", "vfifx", "vforx", "vftnx", "vgiax", "vgstx", "vhcox", "vhgex", "vimax", "vinix", "vitnx", "vitsx", "vlaax", "vlcax", "vlifx", "vlxvx", "vmctx", "vpccx", "vpmcx", "vrnix", "vrttx", "vtclx", "vtivx", "vtthx", "vttsx", "vtwix", "vwenx", "wacpx", "wafmx", "wasax", "wceax", "wcmgx", "wmlix", "wmmrx", "wpsgx", "wpvlx", "wsefx", "wvalx", "ycgex"]}, "18": {"n": 1, "top": {"cash": -1.7562404762650639, "gld": 1.4820213370675672, "xlb": 0.4152799420289318, "agg": 0.373833877227876}, "label": "no dominant driver (balanced/idio)", "syms": ["gdxj"]}, "19": {"n": 6, "top": {"gld": 1.2909594954332566, "cash": -1.209000894618898, "xlb": 0.3969885961849444, "xlf": -0.1847147446826437}, "label": "gold +1.29 + cash (net posn) -1.21 + materials +0.40", "syms": ["bgeix", "fkrcx", "gldax", "inivx", "midsx", "rypmx"]}, "20": {"n": 18, "top": {"xlv": 0.7931722870498519, "iwm": 0.22955575177526158, "qqq": 0.14442305431304264}, "label": "healthcare +0.79 + US small +0.23 + US growth +0.14", "syms": ["dlhax", "ethsx", "facdx", "fbdix", "fbtax", "gghcx", "hiahx", "lhcax", "phlax", "phstx", "prhsx", "raghx", "ryhix", "ryoix", "shssx", "suhax", "vghax", "vhcix"]}, "21": {"n": 57, "top": {"iwm": 0.7299570741493948, "qqq": 0.13961545210241333, "xlp": -0.10953552195124733, "xlv": 0.10768806925675697}, "label": "US small +0.73 + US growth +0.14 + staples -0.11", "syms": ["aasox", "almrx", "alsrx", "amczx", "amgox", "artsx", "ascgx", "ccasx", "cgoax", "chclx", "ctagx", "dwas", "fkasx", "fsgrx", "gtsax", "hiasx", "hiscx", "hspgx", "isgdx", "ivsox", "jmcgx", "kauax", "lacax", "lagwx", "lmiyx", "lssix", "mndax", "msggx", "nesgx", "oasgx", "origx", "pnsax", "prdsx", "prnhx", "psch", "psct", "psgix", "pvivx", "qaltx", "qasgx", "quasx", "rvpix", "rybhx", "sdscx", "sscgx", "ssdix", "thcgx", "tiagx", "vexax", "vexrx", "visgx", "vrtgx", "waaex", "wamcx", "wmicx", "wsgrx", "wusax"]}, "22": {"n": 8, "top": {"cash": 1.9820634588608972}, "label": "cash (net posn) +1.98", "syms": ["batpx", "bearx", "ryaix", "ryilx", "ryjux", "rymhx", "ryshx", "ryurx"]}, "23": {"n": 56, "top": {"efa": 0.4712492127636493, "cash": -0.32976683267644546, "fxe": 0.1474671058481864, "vweax": 0.13463163596540448}, "label": "intl developed +0.47 + cash (net posn) -0.33 + EUR +0.15", "syms": ["aedax", "afcnx", "aifrx", "bciix", "caeax", "cigyx", "diisx", "eaisx", "esmax", "fhjux", "fidpx", "fngax", "fopax", "fosfx", "gaigx", "gpgix", "iceux", "ircyx", "irfax", "iscax", "kbwd", "lafax", "laiax", "laiex", "mxigx", "napix", "noiax", "oaiex", "oakex", "oakix", "oscbx", "pnvax", "prafx", "presx", "pridx", "prlax", "pwjax", "remx", "ryeux", "ryipx", "rynvx", "rywbx", "slanx", "smog", "sniex", "speu", "tollx", "veusx", "vfsnx", "vgpmx", "vgrlx", "vinex", "vwilx", "waigx", "waiox", "wgisx"]}, "24": {"n": 7, "top": {"cash": -0.9725428064517869, "ivv": 0.2860741590936958, "xlk": 0.2834930104673226, "qqq": 0.12489711023739164}, "label": "no dominant driver (balanced/idio)", "syms": ["mort", "rmqhx", "ryjsx", "ryldx", "ryrux", "ryttx", "ryvlx"]}, "25": {"n": 48, "top": {"iwm": 0.3609170297058566, "cash": -0.11339894154034258, "xly": 0.08311446673565201, "xlb": 0.08064379472351335}, "label": "US small +0.36 + cash (net posn) -0.11 + consumer disc +0.08", "syms": ["alfyx", "apfdx", "aveax", "bizd", "bufmx", "ccsmx", "dddax", "deopx", "erth", "fairx", "fhesx", "fite", "fsoax", "fsvlx", "gaaex", "geosx", "hgxax", "himcx", "jacdx", "kgdax", "komp", "mfcpx", "moglx", "obegx", "owsmx", "parnx", "pexmx", "pqnax", "qevox", "rgsax", "rokt", "rybix", "rymdx", "rymkx", "sims", "smcwx", "smxax", "sphb", "temgx", "tgfrx", "tleqx", "tnvax", "trszx", "vasvx", "vfmo", "wagox", "wamvx", "wggsx"]}, "26": {"n": 9, "top": {"qqq": 0.5366511819452532, "iwm": 0.5215524896228395, "vtv": -0.4687038706284161, "xly": 0.40397638816269515}, "label": "US growth +0.54 + US small +0.52 + US value -0.47", "syms": ["bggsx", "cpoax", "jamfx", "jsigx", "mmgpx", "spygx", "xitk", "zvgix", "zvnix"]}, "27": {"n": 201, "top": {"cash": 0.31379242323098067}, "label": "cash (net posn) +0.31", "syms": ["aaiix", "ablox", "abnax", "abrzx", "abtfx", "acthx", "affcx", "agovx", "aibax", "aioax", "annpx", "archx", "asiax", "asihx", "batex", "bcoix", "bfiax", "bndw", "bramx", "canax", "cetfx", "cgafx", "clmax", "cmaix", "cnsax", "cosix", "craix", "cstax", "ctfax", "cxhyx", "cybax", "dbicx", "deggx", "dfeox", "dfqtx", "dfvex", "dhmbx", "divhx", "dmtfx", "dpiax", "eaiix", "eivpx", "emaax", "ethix", "fcvsx", "fhaix", "fhhix", "fhiix", "fhysx", "fiifx", "fiscx", "fkusx", "fmijx", "fmuax", "frstx", "frtsx", "ftczx", "ftgsx", "ftrax", "gcpax", "ggbfx", "gibax", "glrbx", "hchyx", "hcmex", "hcrb", "hstrx", "htrb", "hyem", "hymax", "hysax", "icmbx", "ihfax", "ihiax", "isfax", "itiox", "javax", "jctrx", "jhyix", "jmbs", "jsnwx", "khyax", "korp", "lacfx", "lhiax", "lutax", "mcfix", "mcoax", "meifx", "mfaax", "mgsex", "mgsix", "mgvax", "mhcax", "mhoax", "miaax", "miazx", "mishx", "mllax", "ncicx", "ncirx", "ncoax", "npscx", "oaycx", "orncx", "owcix", "padlx", "paffx", "pajrx", "pconx", "pgdix", "pggix", "pgvax", "phyix", "pincx", "pmtgx", "pqcnx", "prcpx", "pripx", "prsix", "pscc", "pxbix", "pycsx", "pyeix", "qcbmrx", "rgcyx", "rmuyx", "rpgrx", "rpsix", "rseix", "scjax", "seacx", "sghax", "sginx", "sgyax", "shyd", "sihax", "sioax", "siusx", "sjnk", "smgax", "smoax", "snidx", "spib", "spti", "szeax", "taiax", "tbirx", "tblpx", "tblqx", "tblsx", "tcpax", "tedpx", "teqix", "tgrnx", "thyax", "tibfx", "tiilx", "tipx", "tlbdx", "tmarx", "tnmax", "tpfix", "tphix", "tpinx", "tqpix", "trarx", "trhrx", "trhyx", "trlax", "trrax", "trrbx", "trrcx", "trrfx", "trrgx", "trrhx", "trrix", "trrjx", "trrox", "trrtx", "trrux", "trrwx", "tsbpx", "tuhyx", "utbpx", "vasix", "vcorx", "vfiux", "vgcax", "vipix", "vmbsx", "vmvfx", "volmx", "vsigx", "vtbix", "vtinx", "vtmfx", "wcpbx", "whiax", "wwwex", "wwwfx"]}, "28": {"n": 1, "top": {"gsg": 0.739040497797812, "djp": 0.17608062739707356, "cash": 0.11609895495256972, "lqd": -0.0983534162769076}, "label": "oil +0.74 + gas +0.18 + cash (net posn) +0.12", "syms": ["rymbx"]}, "29": {"n": 27, "top": {"xle": 0.5258280790696044, "cash": -0.24707335998508229, "iwm": 0.13996241747851335}, "label": "energy +0.53 + cash (net posn) -0.25 + US small +0.14", "syms": ["aiwex", "amlpx", "avalx", "bacix", "dnlax", "einc", "eipix", "fncrx", "icpax", "ienax", "ieyax", "igncx", "mlozx", "mlpnx", "mlpox", "mlptx", "mlpzx", "nanr", "pgnax", "prnex", "prpax", "psce", "ryeix", "ryvix", "tortx", "venax", "vgelx"]}}}
\ No newline at end of file
diff --git a/fundlab/cluster_kmeans_rawalpha.json b/fundlab/cluster_kmeans_rawalpha.json
new file mode 100644
index 0000000..1e98941
--- /dev/null
+++ b/fundlab/cluster_kmeans_rawalpha.json
@@ -0,0 +1 @@
+{"k": 30, "clusters": {"0": {"n": 260, "top": {"cash": -0.27527270398526693, "ivv": 0.08865229488663037}, "label": "no dominant driver (balanced/idio)", "syms": ["aaaox", "aaarx", "aabkx", "aacrx", "aaekx", "aaftx", "aagtx", "aahmx", "aahtx", "aaltx", "aamtx", "aantx", "abaex", "abiax", "abtfx", "abuax", "acgix", "advdx", "aioax", "alfyx", "alvix", "amfex", "archx", "arcvx", "ardgx", "ardsx", "arevx", "arfvx", "ariix", "arskx", "artox", "aryix", "avemx", "bearx", "bglax", "bgnmx", "blpax", "bndw", "bnglx", "btbfx", "btsmx", "cavax", "ccfax", "cdazx", "cetfx", "cfvlx", "cptnx", "csuax", "ctcax", "ctlax", "cusex", "czmvx", "dbalx", "dboax", "ddiax", "ddvax", "dhlax", "difax", "dmcvx", "domix", "dvipx", "dvrkx", "dxhyx", "dxnlx", "eaasx", "eatvx", "ebnd", "ehstx", "eimgx", "emaax", "ethsx", "evtmx", "famex", "fascx", "femgx", "ficmx", "figfx", "figkx", "fisex", "fiusx", "fkusx", "fmsfx", "fmuax", "frbsx", "fsamx", "ftgsx", "fusgx", "gaigx", "gaiox", "gblax", "gcblx", "glnax", "gmdyx", "gpgix", "hciex", "hcimx", "hiadx", "hiahx", "hstax", "iautx", "icmbx", "iifax", "imrfx", "indzx", "inutx", "isfax", "ivoax", "jdvwx", "jgrsx", "jmvsx", "jvmrx", "ktrax", "laffx", "lbsax", "lfeax", "lfiax", "lfmax", "lftlx", "lsofx", "ltmax", "lvitx", "maagx", "macfx", "magwx", "mamax", "mapax", "medhx", "mffsx", "mmufx", "moat", "mofix", "msoax", "mstfx", "mstgx", "mvcax", "nbrvx", "ncbgx", "ncbix", "nefox", "nlgax", "nsbax", "nseix", "nyaax", "oakbx", "oakmx", "oakwx", "oalvx", "pacax", "pacjx", "paekx", "paelx", "pafmx", "paxhx", "paxwx", "pbamx", "pcdlx", "pcef", "pckex", "pdizx", "pgvax", "pjiax", "ppqax", "prfdx", "prgmx", "pritx", "prsgx", "prtix", "pwtax", "pxwgx", "qwld", "rapax", "rclax", "rdccx", "rgiax", "rgsax", "rhltx", "rous", "rresx", "rrrax", "rseax", "ryeux", "ryfix", "ryhrx", "rykix", "rylix", "rymsx", "ryocx", "rypix", "ryuix", "ryzax", "segmx", "semcx", "sgidx", "sginx", "shyd", "smoax", "sokax", "spdax", "spgm", "sphd", "spip", "splv", "spqax", "spyd", "spyv", "sthyx", "suvax", "tbhdx", "tblpx", "tblqx", "tblsx", "tebix", "tedix", "temgx", "tgtrx", "tigix", "tllvx", "tlstx", "tmlcx", "tpinx", "tplix", "tqgex", "trmvx", "trrex", "trszx", "trvlx", "tsbax", "twsmx", "usbox", "vadcx", "vdadx", "vffvx", "vforx", "vgivx", "vhyax", "vigi", "vimax", "vitax", "vmvlx", "vrgwx", "vrnix", "vrttx", "vspgx", "vspvx", "vthrx", "vtivx", "vtthx", "vttsx", "vttvx", "vtwix", "vviax", "vwnax", "waesx", "wasmx", "wayex", "wbalx", "wmbdx", "wraax", "wsbfx", "xmlv"]}, "1": {"n": 21, "top": {"shv": 2.55531396213416, "vwo": 0.7698616847127411, "vtv": 0.3469227435374135, "shy": -0.24671308201664746}, "label": "cash/ultra-short +2.56 + EM equity +0.77 + US value +0.35", "syms": ["aotax", "brkax", "cefix", "cemvx", "dgeax", "emptx", "evcgx", "fairx", "fceex", "fhkax", "nesgx", "ngcax", "pdeax", "pfslx", "piefx", "qcgdx", "revs", "ryilx", "semvx", "smqfx", "tcelx"]}, "2": {"n": 187, "top": {"cash": 0.6364285986836964, "vweax": 0.10363606897347216}, "label": "cash 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"bcitx", "bgsix", "bhiax", "bils", "bmbix", "bmnix", "bmqix", "bsbix", "btmix", "ccrsx", "cfmox", "cfnlx", "clmpx", "cnsax", "coiax", "colnx", "coltx", "crsox", "dagvx", "deeax", "deffx", "delix", "deqax", "dgcax", "dhgax", "ditex", "dmtfx", "dmusx", "dnmzx", "drcax", "drnjx", "dvmhx", "dvtax", "eacax", "ealbx", "eanax", "eascx", "eeiax", "eqwl", "esge", "etazx", "etgax", "etmax", "etmbx", "etmdx", "etmnx", "etmox", "etncx", "etnjx", "etnyx", "etohx", "etorx", "etpax", "etvax", "exmax", "exnax", "fagix", "faztx", "fcenx", "fcotx", "fcstx", "fcttx", "fcvsx", "fdmmx", "felax", "femdx", "fgatx", "fgfax", "fhhix", "fhiix", "fhmix", "ficnx", "fimyx", "fkcix", "fkitx", "fklax", "fknix", "fkstx", "fktfx", "fktix", "fkytx", "flaax", "flncx", "fltdx", "fltmx", "fmdtx", "fmiex", "fmimx", "fminx", "fmisx", "fmitx", "fmotx", "fnmtx", "fnytx", "fohtx", "fpntx", "fralx", "frcox", "frmox", "frnjx", "frorx", "frpax", "fsazx", "fshix", "ftazx", "ftfmx", "ftgax", "ftlax", "ftnyx", "ftoix", "ftorx", "ftsd", "fttmx", "fvatx", "fwiax", "gaawx", "gabcx", "gcaex", "gtcix", "gtfbx", "gtrax", "htrb", "ihiax", "imntx", "intax", "iscax", "jcsrx", "jhyix", "kctax", "khyax", "kmdnx", "kntax", "ktxix", "lanjx", "lansx", "lanyx", "lcfix", "lhiax", "lidax", "lmsfx", "lsyux", "ltebx", "ltnyx", "lubax", "mcftx", "mdxbx", "mfalx", "mfarx", "mfiax", "mfpax", "mfscx", "mfsmx", "mfssx", "mfwvx", "mhoax", "mieix", "missx", "mmgax", "mmhyx", "mncex", "motg", "msncx", "msnyx", "mstpx", "msvax", "mtbax", "mtlfx", "ncaax", "nhmax", "nmaax", "nmbax", "nmdax", "nmuix", "nnjax", "nnyax", "notax", "olcax", "omifx", "onjcx", "opacx", "opnyx", "owcax", "owcix", "pacex", "pamfx", "parwx", "pbbbx", "pbcax", "pconx", "pcrix", "peyax", "phizx", "phstx", "phyix", "pisdx", "piuix", "pngax", "ppnax", "prihx", "prinx", "prlax", "prnyx", "prsmx", "prtax", "prvax", "prxcx", "psnyx", "ptebx", "qfvox", "qusox", "rinyx", "rlvsx", "rmmbx", "rmuyx", "ryaix", "ryurx", "safex", "sbhex", "sdsax", "seimx", "shgtx", "sidvx", "slmcx", "smlax", "sntix", "soaix", "sqmax", "srmax", "szmax", "taftx", "temmx", "tnhax", "tohax", "tpdix", "tqpix", "trigx", "trmcx", "twtix", "vcaix", "vcitx", "vctfx", "vembx", "vesgx", "vhcox", "vidax", "vinax", "vklmx", "vkmmx", "vlcix", "vmatx", "vmltx", "vnjtx", "vnvax", "vnytx", "vohix", "vpaix", "vsgx", "vteax", "vwahx", "vwetx", "vwitx", "vwltx", "whiax", "wisex", "wnyax", "xmmo"]}, "18": {"n": 14, "top": {"shv": -1.7641234836323423, "cash": 1.433664639419456, "iwm": 0.35307881781134476, "shy": 0.33249299446662783}, "label": "cash/ultra-short -1.76 + cash (yield) +1.43 + US small +0.35", "syms": ["dmszx", "fqtex", "frifx", "fvrmx", "kmknx", "kscox", "mbsax", "pvfix", "rseix", "ryazx", "scfzx", "smog", "wwnpx", "xsvm"]}, "19": {"n": 4, "top": {"shv": 4.0, "cash": -1.43365415366927, "shy": -1.0163342170324574, "vweax": 0.4299310156063952}, "label": "cash/ultra-short +4.00 + cash (yield) -1.43 + short T 1-3y -1.02", "syms": ["eemgx", "ipoyx", "ivinx", "javax"]}, "20": {"n": 4, "top": {"shv": -3.9788119935771364, "vtv": -0.871476605243954, "shy": 0.6448610443934071, "iwm": 0.64139492327753}, "label": "cash/ultra-short -3.98 + US value -0.87 + short T 1-3y +0.64", "syms": ["aasox", "almrx", "amczx", "ieyax"]}, "21": {"n": 79, "top": {"shv": 1.2013251066595423, "cash": -0.753239532582218, "vweax": 0.1284274062316381, "ivv": 0.10153395760233333}, "label": "cash/ultra-short +1.20 + cash (yield) -0.75 + HY corporate +0.13", "syms": ["amrgx", "asmmx", "asrax", "avegx", "bbhlx", "bgehx", "bggsx", "chtrx", "dcuax", "dglax", "dhmbx", "disax", "dtgrx", "dusa", "eaemx", "emrgx", "etgix", "fkrcx", "fljsx", "fsgrx", "gagax", "gijax", "hcmex", "hnddx", "ibnax", "iemfx", "ityax", "ivvyx", "jaigx", "lavgx", "mefix", "memax", "mglax", "miucx", "mnrmx", "moti", "nchax", "parmx", "pexmx", "pigdx", "pnbax", "qaltx", "qgitx", "raax", "ralax", "rdwbx", "remsx", "ryiex", "rymfx", "sedax", "sekax", "sequx", "sgqax", "siemx", "sivix", "sniex", "spab", "spgsx", "ssifx", "temux", "tmcpx", "tnvax", "tnxix", "tpyax", "trrdx", "trrkx", "trrlx", "trrmx", "trrnx", "tsemx", "umemx", "vafax", "vemax", "waemx", "wagox", "wamcx", "wasax", "wceax", "winax"]}, "22": {"n": 169, "top": {"shv": 0.7021517970199402, "vweax": 0.16048348965173542, "cash": -0.11381539219048277, "efa": 0.09718555458844522}, "label": "cash/ultra-short +0.70 + HY corporate +0.16 + cash (yield) -0.11", "syms": ["abimx", "aceix", "aepgx", "aiiex", "aiwex", "asiax", "bmcix", "bmsfx", "bniex", "btmfx", "cmaix", "coeax", "crak", "crihx", "diisx", "dmuax", "dregx", "drlix", "drrax", "ecbsx", "ecctx", "eemx", "eitex", "emsqx", "eqal", "fclax", "fdivx", "fdvax", "feqmx", "fginx", "fhyvx", "fibpx", "figrx", "fqchx", "frvax", "fsoax", "ftcex", "ftczx", "ftrax", "fvilx", "fxctx", "fxncx", "gatax", "gegax", "grnb", "gtddx", "hcsbx", "hdvax", "hgxax", "hiaox", "hisix", "hymax", "iarax", "igiax", "ihoax", "jctrx", "jfdrx", "jtmrx", "lceax", "lisax", "litax", "lmiax", "lnyax", "lzhox", "madfx", "mbeqx", "mdidx", "mfjax", "mghax", "mgrax", "mlfax", "mrskx", "mtrax", "mveix", "mwefx", "newfx", "njtfx", "nlsax", "nmmex", "nrfax", "nsaox", "nsmax", "oneo", "ownyx", "pabax", "paffx", "pdsax", "pequx", "pgeix", "pieqx", "pjrax", "pnopx", "pnvax", "povsx", "prasx", "premx", "prijx", "pripx", "prjpx", "prmsx", "prscx", "prsix", "prulx", "qemm", "rblax", "rdiv", "reaax", "rmlax", "rpbax", "rpfix", "rpgrx", "rpihx", "rthax", "rtiyx", "rtnax", "rydvx", "rymhx", "rysix", "seitx", "sitex", "skirx", "sminx", "spem", "spmo", "sreax", "srigx", "srtmx", "sseax", "ssgax", "stesx", "suiax", "szeax", "tedmx", "tedpx", "teplx", "thyax", "tibnx", "tixrx", "tpiix", "trffx", "trfox", "trhrx", "trpbx", "trrbx", "trrfx", "trrgx", "trrhx", "trrjx", "trsgx", "trtfx", "tzinx", "vasvx", "vedtx", "vfifx", "vfwsx", "vgtsx", "vlxvx", "vmvix", "vpadx", "vtilx", "vtrix", "vwicx", "vwilx", "wdiax", "weusx", "wiefx", "wstrx", "wtabx", "xntk"]}, "23": {"n": 2, "top": {"cash": -3.846260893052802, "shv": -1.4005706157366258, "agg": 0.6254010032838777, "ivv": 0.5990696319063751}, "label": "no dominant driver (balanced/idio)", "syms": ["qstax", "saoox"]}, "24": {"n": 11, "top": {"agg": 0.8448345923407676, "shy": -0.7925408357505352, "shv": -0.6447308586321351, "vmbix": -0.5480143328653909}, "label": "core bond (AGG) +0.84 + short T 1-3y -0.79 + cash/ultra-short -0.64", "syms": ["bgeix", "eipix", "fncrx", "inivx", "lvhd", "mlozx", "owsmx", "pclrx", "prpax", "rypmx", "vfmv"]}, "25": {"n": 1, "top": {"shv": 4.0, "shy": 2.1477897550972047, "ief": -2.0479216434830767, "ivv": -1.775499051999072}, "label": "cash/ultra-short +4.00 + short T 1-3y +2.15 + T 7-10y -2.05", "syms": ["hciix"]}, "26": {"n": 11, "top": {"qqq": 0.9726355396556392, "xlv": 0.9429774159120698, "vtv": -0.7967035688697984, "shv": -0.631740351317781}, "label": "US growth +0.97 + healthcare +0.94 + US value -0.80", "syms": ["dlhax", "espo", "fbdix", "fbtax", "lhcax", "phlax", "prhsx", "rvpix", "ryoix", "zvgix", "zvnix"]}, "27": {"n": 59, "top": {"cash": 1.258275504635167}, "label": "cash (yield) +1.26", "syms": ["aguax", "bizd", "cfrax", "ctfax", "ddfax", "demax", "dfvex", "dhtax", "dnlax", "dpiax", "dprex", "dxksx", "eacox", "ebsax", "eeldx", "egrix", "esmax", "fcfix", "flrn", "fltr", "frfax", "gaaex", "hilax", "hmezx", "hrsax", "icmux", "idmo", "ipkw", "jrgrx", "ksdvx", "masgx", "mctox", "mervx", "mlpnx", "mlpox", "nfrax", "pbaix", "prfrx", "pscc", "psci", "qlenx", "qmnix", "rctix", "recs", "ryidx", "rytmx", "ryvtx", "shrix", "slanx", "smlv", "tavfx", "tramx", "trarx", "vcmdx", "vfva", "vscax", "wamvx", "wmnux", "xmvm"]}, "28": {"n": 135, "top": {"shv": -0.44369988826827533, "shy": 0.3643678949810756, "cash": 0.3616848342364101, "vblix": 0.1826410138597945}, "label": "cash/ultra-short -0.44 + short T 1-3y +0.36 + cash (yield) +0.36", "syms": ["aaatx", "accnx", "acgyx", "acpsx", "acskx", "aldax", "asbax", "asihx", "augax", "avefx", "bagix", "bbcpx", "bcoix", "bimix", "bracx", "bramx", "brasx", "cfbnx", "cfvax", "cgafx", "cldax", "cosix", "csdax", "csibx", "csvax", "ctrzx", "cugax", "dbicx", "dcsvx", "eaiix", "ealdx", "ergox", "fblax", "fbnd", "fcspx", "fgcsx", "fhaix", "fiasx", "fiifx", "fldax", "ftbfx", "ftiax", "fulax", "fxidx", "gildx", "hcrb", "icifx", "ipiix", "jdyrx", "jmbs", "korp", "laiex", "laplx", "lauyx", "lbndx", "ldcax", "lhyax", "libax", "lldyx", "lmvyx", "lprdx", "lutax", "mcfix", "mfiox", "miaax", "miazx", "mnrbx", "mqlix", "mrbkx", "nefrx", "nstrx", "prpix", "pruax", "pttfx", "pucax", "pxbix", "pycix", "pycsx", "qcbmrx", "qceqrx", "qcstrx", "qefa", "rbbax", "rfayx", "rfcyx", "rimox", "rivjx", "rmtbx", "rpidx", "rsqax", "ryjux", "scavx", "scoax", "sdmax", "setax", "sgvax", "sgyax", "sidcx", "sigax", "sislx", "siusx", "sldbx", "smgax", "spib", "spubx", "stbax", "teqix", "tgrnx", "tibfx", "tirex", "tisix", "tlbdx", "tnshx", "tqmvx", "tsdjx", "tsdox", "ttifx", "tunix", "ubvlx", "usgax", "usiax", "utbpx", "vcorx", "venax", "vfidx", "vfsix", "viitx", "vistx", "vpccx", "vscvx", "vymqx", "wefix", "whosx", "wmmax", "xshq"]}, "29": {"n": 24, "top": {"cash": -2.360763829292804, "shv": 0.7018176224911458, "ivv": 0.23561745070540446, "vweax": 0.1426248162663037}, "label": "no dominant driver (balanced/idio)", "syms": ["cfsix", "fhumx", "hcigx", "hcmgx", "hcsrx", "irfax", "jacdx", "midsx", "ncirx", "pmvax", "qlmlfx", "qlmlsx", "qlmltx", "qspmx", "rycix", "ryshx", "ryvix", "rywtx", "satox", "sims", "vgrlx", "wggsx", "wsgrx", "xitk"]}}}
\ No newline at end of file
diff --git a/fundlab/cluster_tree.json b/fundlab/cluster_tree.json
index 07100d1..3ddb796 100644
--- a/fundlab/cluster_tree.json
+++ b/fundlab/cluster_tree.json
@@ -1 +1 @@
-{"syms": ["aaaax", "aaaox", "aaarx", "aaatx", "aabkx", "aacpx", "aacrx", "aacsx", "aactx", "aadax", "aadhx", "aadnx", "aadtx", "aadwx", "aaegx", "aaekx", "aaetx", "aaewx", "aaftx", "aagox", "aagtx", "aahmx", "aahtx", "aaiix", "aaltx", "aamtx", "aantx", "aasox", "abaex", "abalx", "abasx", "abdax", "abhix", "abhyx", "abiax", "abimx", "ablox", "abnax", "abndx", "abpax", "abrzx", "abtfx", "abuax", "abvax", "abwax", "accex", "accnx", "aceix", "aceyx", "acfix", "acfox", "acgix", "acgyx", "acisx", "acitx", "acmvx", "acpsx", "acskx", "acstx", "acthx", "adfix", "adgax", "adjex", "adsix", "advdx", "aedax", "aedfx", "aepgx", "afcnx", "affcx", "afjax", "aflix", "afocx", "afrax", "aftex", "agbvx", "agdax", "aglox", "agovx", "agrfx", "agthx", "aguax", "ahitx", "aibax", "aidax", "aiemx", "aifrx", "aigox", "aigyx", "aiiex", "aioax", "aivsx", "aiwex", "alaax", "alarx", "alcax", "aldax", "alfyx", "algrx", "almrx", "alnyx", "alsmx", "alsrx", "altfx", "althx", "alvix", "alvox", "amaax", "amcpx", "amczx", "amecx", "amfex", "amgox", "amhix", "amhyx", "amlpx", "amrgx", "amrmx", "amtax", "amusx", "anagx", "ancfx", "anefx", "angl", "anglx", "annpx", "anwpx", "aotax", "apfdx", "apgax", "aphmx", "apoix", "aqeax", "aqeix", "arbfx", "archx", "arcvx", "ardex", "ardgx", "ardsx", "arevx", "arfvx", "argvx", "arhfx", "ariix", "arinx", "aroix", "arskx", "artox", "artrx", "artsx", "aryix", "asbax", "ascgx", "asdvx", "asfcx", "asiax", "asihx", "asmmx", "asqix", "asrax", "astex", "asvix", "asylx", "atfax", "atoax", "attyx", "atwax", "augax", "auiax", "aunax", "auuyx", "avaax", "avalx", "aveax", "avedx", "avefx", "avegx", "avemx", "averx", "avewx", "awaax", "awgix", "awpax", "awsax", "awshx", "axbax", "azbax", "aznax", "bacix", "bagix", "batex", "batpx", "bbcpx", "bbhlx", "bchyx", "bciix", "bcitx", "bcoix", "bdsix", "bearx", "bfiax", "bflax", "bgatx", "bgcbx", "bgehx", "bgeix", "bgetx", "bggsx", "bgitx", "bglax", "bgnmx", "bgsix", "bhiax", "biiex", "bils", "bimix", "bizd", "blpax", "bmbix", "bmcix", "bmnix", "bmqix", "bmsfx", "bndw", "bnglx", "bniex", "bogsx", "bosox", "bracx", "bramx", "brasx", "brcax", "brkax", "brsdx", "brudx", "brwax", "brxax", "bsbix", "bsnix", "btbfx", "btefx", "btiix", "btmfx", "btmix", "btsmx", "bubsx", "bufgx", "bufmx", "buftx", "bxfcx", "bxitx", "cabdx", "cabix", "caeax", "caibx", "canax", "capax", "cavax", "cbhcx", "cblax", "cbon", "cbsax", "ccasx", "cccmx", "ccfax", "ccrsx", "ccsax", "ccsmx", "cdazx", "cdcdx", "cdgrx", "cdhax", "cefix", "cemgx", "cemvx", "cenax", "cetfx", "cfagx", "cfbnx", "cfgrx", "cfiax", "cficx", "cfimx", "cfipx", "cfmox", "cfnlx", "cfrax", "cfsix", "cfvax", "cfvlx", "cgafx", "cgoax", "cgvyx", "chcgx", "chclx", "chtrx", "chusx", "cibr", "cigyx", "clazx", "cldax", "clmax", "clmpx", "cmaix", "cmgix", "cmgux", "cmiex", "cmvix", "cnsax", "cnxt", "coeax", "coiax", "colnx", "coltx", "comax", "cosix", "cpoax", "cppcx", "cptnx", "cpxax", "cracx", "craix", "crak", "creax", "crihx", "crsox", "csdax", "cseix", "csfax", "cshix", "cshtx", "csibx", "csmdx", "csmix", "csoax", "csrix", "csrsx", "cstax", "csuax", "csvax", "ctagx", "ctcax", "ctfax", "cthax", "ctlax", "ctrzx", "cugax", "cusex", "cwbfx", "cwgix", "cxhyx", "cybax", "czmgx", "czmsx", "czmvx", "dagvx", "davpx", "dbalx", "dbicx", "dbmix", "dboax", "dccax", "dcpyx", "dcsvx", "dcuax", "dddax", "ddfax", "ddiax", "ddvax", "dedax", "deeax", "deffx", "deggx", "delix", "demax", "deopx", "deqax", "dessx", "devlx", "dfac", "dfas", "dfat", "dfeox", "dffvx", "dflax", "dflex", "dfqtx", "dfrex", "dfstx", "dfsvx", "dfusx", "dfvex", "dgagx", "dgcax", "dgeax", "dglax", "dhgax", "dhlax", "dhmbx", "dhtax", "dial", "dibax", "difax", "diisx", "disax", "dissx", "ditex", "divhx", "dlhax", "dlqax", "dltrx", "dmcvx", "dmszx", "dmtfx", "dmuax", "dmusx", "dnlax", "dnldx", "dnmzx", "dodwx", "domix", "dpcfx", "dpiax", "dpltx", "dprex", "dqiax", "drcax", "drcvx", "dregx", "dreqx", "drevx", "drlix", "drnjx", "drrax", "dscpx", "dsibx", "dspix", "dstix", "dtcax", "dtgrx", "dtlgx", "dultx", "dura", "durpx", "dusa", "dvipx", "dvmhx", "dvrkx", "dvrux", "dvtax", "dwas", "dxhyx", "dxklx", "dxksx", "dxnlx", "eaalx", "eaamx", "eaasx", "eablx", "eacax", "eacox", "eacpx", "eadix", "eaeax", "eaemx", "eaerx", "eafgx", "eafhx", "eafvx", "eagmx", "eaiix", "eaisx", "ealbx", "ealcx", "ealdx", "ealtx", "eanax", "earax", "earrx", "eascx", "eatvx", "ebabx", "ebnd", "ebsax", "ecbsx", "ecctx", "ediax", "ediv", "eeiax", "eeldx", "eelv", "eemgx", "eemx", "efax", "egrix", "ehstx", "eigix", "eimgx", "einc", "eipcx", "eipix", "eitax", "eitex", "eivpx", "emaax", "emdax", "emlax", "emlc", "emoax", "emptx", "emrgx", "emsqx", "eniax", "epgax", "eqal", "eqnax", "eqwl", "erbax", "ergox", "erth", "eseax", "esge", "esgv", "eshix", "esmax", "espo", "etazx", "etegx", "etgax", "etgix", "ethix", "ethsx", "ethyx", "etmax", "etmbx", "etmdx", "etmnx", "etmox", "etncx", "etnjx", "etnyx", "etohx", "etorx", "etpax", "etsix", "ettgx", "etvax", "evcgx", "evfax", "evibx", "evifx", "evtmx", "evvcx", "exflx", "exmax", "exnax", "extgx", "facdx", "facfx", "facnx", "fafdx", "fafrx", "fagax", "fagix", "fairx", "famex", "fascx", "faztx", "fbdix", "fblax", "fbnd", "fbtax", "fcamx", "fceex", "fcenx", "fceux", "fcfgx", "fcfix", "fclax", "fcntx", "fcotx", "fcspx", "fcssx", "fcstx", "fcttx", "fcvsx", "fdbax", "fdcax", "fdegx", "fdetx", "fdgfx", "fdgrx", "fdiax", "fdivx", "fdmmx", "fdvax", "fedax", "felax", "femdx", "femgx", "feqmx", "feqtx", "feugx", "ffalx", "ffrsx", "ffsax", "fftfx", "ffxsx", "fgatx", "fgcsx", "fgfax", "fgiax", "fgilx", "fginx", "fgrax", "fgrix", "fgsax", "fgtax", "fgtix", "fgtzx", "fguax", "fhaix", "fhcox", "fhesx", "fhhix", "fhiix", "fhjux", "fhkax", "fhmix", "fhumx", "fhysx", "fhytx", "fhyvx", "fiasx", "fibpx", "ficgx", "ficmx", "ficnx", "fidpx", "fidsx", "fifnx", "figfx", "figkx", "figrx", "fihbx", "fiiax", "fiifx", "filfx", "fimyx", "fisax", "fiscx", "fisex", "fite", "fiusx", "fivlx", "fkasx", "fkbax", "fkcix", "fkdnx", "fkgrx", "fkinx", "fkitx", "fklax", "fknix", "fkrcx", "fkstx", "fktfx", "fktix", "fkusx", "fkutx", "fkytx", "flaax", "fldax", "flerx", "fljsx", "flncx", "flpsx", "flrex", "flrn", "fltdx", "fltfx", "fltmx", "fltr", "flvcx", "fmagx", "fmbpx", "fmcdx", "fmdcx", "fmdtx", "fmgix", "fmiex", "fmifx", "fmihx", "fmijx", "fmilx", "fmimx", "fminx", "fmisx", "fmitx", "fmndx", "fmoax", "fmotx", "fmsfx", "fmsgx", "fmtzx", "fmuax", "fmuux", "fncrx", "fndb", "fngax", "fniax", "fnmtx", "fnytx", "fobax", "focpx", "fohtx", "fopax", "fosfx", "fpjax", "fpntx", "fqchx", "fqtex", "fralx", "frbsx", "frcox", "frdax", "freex", "frfax", "frifx", "frlex", "frmox", "frnjx", "frorx", "frpax", "frsgx", "frstx", "frtsx", "frvax", "frvlx", "fsamx", "fsazx", "fscdx", "fsgrx", "fshix", "fslbx", "fsoax", "fspcx", "fsrbx", "fstbx", "fstkx", "fsvlx", "ftazx", "ftbfx", "ftcex", "ftcox", "ftczx", "ftfmx", "ftgax", "ftgsx", "ftiax", "ftlax", "ftnyx", "ftoix", "ftorx", "ftrax", "ftrcx", "ftrfx", "ftrnx", "ftrtx", "ftsd", "fttax", "fttmx", "fulax", "fusgx", "fusix", "fvatx", "fvdfx", "fvilx", "fvrmx", "fwiax", "fwwfx", "fxctx", "fxidx", "fxncx", "fyhtx", "gaaex", "gaawx", "gabcx", "gabvx", "gagax", "gaigx", "gaiox", "gatax", "gauax", "gbcix", "gblax", "gbonx", "gcaex", "gcasx", "gcblx", "gcecx", "gceqx", "gcinx", "gcpax", "gdxj", "gegax", "geosx", "ggbfx", "ggcax", "gghcx", "gglix", "ggmmx", "gibax", "gifax", "gijax", "gildx", "giocx", "giyix", "gldax", "glnax", "glrbx", "gmdyx", "goodx", "gpgix", "gpmfx", "grnb", "gsxax", "gtcix", "gtddx", "gtfbx", "gtrax", "gtsax", "gwlix", "gyld", "hacsx", "hadax", "hcegx", "hcemx", "hcesx", "hchyx", "hciex", "hcigx", "hciix", "hcimx", "hcinx", "hcmex", "hcmgx", "hcmnx", "hcrb", "hcsbx", "hcsrx", "hdvax", "heomx", "herix", "hfcgx", "hfqax", "hgxax", "hhccx", "hiabx", "hiacx", "hiadx", "hiagx", "hiahx", "hiaox", "hiasx", "hicox", "hilax", "himcx", "hiscx", "hisix", "hmezx", "hncax", "hnddx", "hnmdx", "hrsax", "hspgx", "hstax", "hstrx", "htrb", "hubax", "hulax", "hyem", "hymax", "hysax", "iarax", "iautx", "ibnax", "ibnd", "ibrax", "iceux", "icifx", "icmbx", "icmux", "icpax", "idivx", "idlv", "idmo", "iegax", "iemfx", "ienax", "ieyax", "igaax", "igiax", "iglgx", "igmax", "igncx", "ihfax", "ihiax", "ihoax", "iifax", "iigix", "imanx", "imntx", "imrfx", "inco", "index", "indzx", "ineax", "inivx", "inpax", "intax", "inutx", "ipiix", "ipkw", "ipoyx", "ircyx", "irfax", "irsyx", "iscax", "isfax", "isgdx", "isra", "itiox", "ityax", "ivcsx", "ivfax", "ivinx", "ivoax", "ivsox", "ivsyx", "ivvyx", "iysyx", "jaagx", "jablx", "jacax", "jacdx", "jaflx", "jagrx", "jaigx", "jamfx", "jascx", "javax", "jawgx", "jcsrx", "jctrx", "jderx", "jdvrx", "jdvwx", "jdyrx", "jensx", "jeqix", "jfdrx", "jgrsx", "jhbsx", "jhhbx", "jhyix", "jigtx", "jmbs", "jmcgx", "jmcrx", "jmvsx", "jrgrx", "jsgtx", "jsigx", "jsnwx", "jtmrx", "jvmrx", "kauax", "kbwb", "kbwd", "kbwp", "kbwy", "kctax", "kdhax", "kgdax", "khyax", "klcax", "kmdnx", "kmknx", "kntax", "komp", "korp", "kscox", "ksdvx", "ktcix", "ktrax", "ktxix", "labcx", "lacax", "lacfx", "lafax", "laffx", "lagwx", "laiax", "laiex", "lamax", "lanjx", "lansx", "lanyx", "laplx", "lauyx", "lavgx", "lavlx", "lbndx", "lbsax", "lcdvx", "lceax", "lcfix", "lcflx", "lciax", "lcrax", "lcsmx", "ldcax", "ldfvx", "ldmvx", "ldrax", "legax", "leifx", "lfeax", "lfgcx", "lfiax", "lfmax", "lfrax", "lftlx", "lgcax", "lgilx", "lglax", "lglv", "lhcax", "lhiax", "lhyax", "libax", "licax", "lidax", "lifax", "liiax", "lisax", "litax", "lldyx", "lmecx", "lmgax", "lmiax", "lmiyx", "lmsfx", "lmvyx", "lnyax", "lphax", "lpjrx", "lprax", "lprdx", "lprex", "lprfx", "lpvax", "lpxax", "lrscx", "lsbdx", "lsdax", "lsgbx", "lsofx", "lssix", "lswwx", "lsyux", "ltebx", "ltmax", "ltnyx", "ltrax", "lttkx", "lubax", "lutax", "lvhd", "lvhi", "lvitx", "lvoax", "lzhox", "maagx", "macfx", "madfx", "magwx", "mamax", "mapax", "masax", "masgx", "mbdfx", "mbeqx", "mbovx", "mbsax", "mcfix", "mcftx", "mcoax", "mcsax", "mctox", "mdidx", "mdsix", "mdxbx", "mdyg", "mdyv", "medhx", "mefix", "meifx", "meikx", "memax", "memqx", "memux", "merdx", "merfx", "mervx", "mfaax", "mfalx", "mfarx", "mfbfx", "mfcpx", "mfegx", "mffsx", "mfiax", "mfiox", "mfjax", "mfpax", "mfrkx", "mfscx", "mfsmx", "mfssx", "mfwtx", "mfwvx", "mgfox", "mghax", "mgiax", "mglax", "mgrax", "mgsex", "mgsix", "mgvax", "mhcax", "mhitx", "mhoax", "miaax", "miazx", "midax", "midsx", "mieix", "migfx", "mishx", "missx", "mittx", "miucx", "mkvhx", "mlaax", "mlfax", "mllax", "mlozx", "mlpnx", "mlpox", "mlptx", "mlpzx", "mltax", "mlvax", "mmgax", "mmgpx", "mmhyx", "mmufx", "mncex", "mndax", "mnrbx", "mnrgx", "mnrmx", "mnwax", "moat", "mofix", "moglx", "montx", "mort", "motg", "moti", "mpblx", "mqlix", "mrbkx", "mresx", "mrgax", "mrskx", "mscgx", "msfrx", "msggx", "msncx", "msnyx", "msoax", "mstbx", "mstfx", "mstgx", "mstpx", "mstqx", "msvax", "mtbax", "mtcax", "mtcgx", "mtlfx", "mtrax", "mueax", "mvalx", "mvcax", "mveix", "mvgax", "mwefx", "mwofx", "mxccx", "mxigx", "naarx", "nacmx", "nanr", "napix", "nbarx", "nbiax", "nbngx", "nbrvx", "ncaax", "ncbgx", "ncbix", "ncgfx", "nchax", "ncicx", "ncirx", "nclex", "ncoax", "nctwx", "ndarx", "ndvax", "nefjx", "nefox", "nefrx", "nefzx", "nesgx", "newfx", "nfrax", "ngcax", "nhmax", "nicsx", "njtfx", "nlgax", "nlsax", "nmaax", "nmbax", "nmdax", "nmiex", "nmmex", "nmmgx", "nmuix", "nnjax", "nnyax", "noiax", "notax", "novix", "nphix", "npscx", "nrfax", "nsaox", "nsbax", "nseix", "nsmax", "nsmmx", "nstrx", "nthex", "nugax", "nvhax", "nwhnx", "nwqax", "nyaax", "nyvtx", "oafix", "oaiex", "oakbx", "oakex", "oakgx", "oakix", "oaklx", "oakmx", "oakwx", "oalgx", "oalvx", "oasgx", "oasvx", "oaycx", "obegx", "olcax", "omfcx", "omfl", "omfs", "omifx", "oneo", "oneq", "onev", "oney", "onjcx", "opacx", "opcax", "opnyx", "origx", "orilx", "orncx", "oscbx", "ostax", "ostfx", "otcax", "otcfx", "owacx", "owcax", "owcix", "owfix", "owlsx", "owmbx", "ownyx", "owsmx", "paakx", "pabax", "pacax", "pacex", "pacjx", "padcx", "padlx", "paeax", "paekx", "paelx", "paffx", "pafmx", "pajrx", "pamfx", "pappx", "parmx", "parnx", "parwx", "pasux", "paxhx", "paxwx", "pazlx", "pbaix", "pbamx", "pbbbx", "pbcax", "pbdix", "pbqax", "pbsmx", "pbus", "pcdlx", "pcef", "pcjsx", "pckex", "pclcx", "pclrx", "pconx", "pcrix", "pcvax", "pdbax", "pdeax", "pdhax", "pdinx", "pdizx", "pdsax", "pennx", "peopx", "pequx", "pespx", "pexmx", "peyax", "pflrx", "pfsax", "pfslx", "pfxf", "pgdix", "pgeix", "pgeox", "pggax", "pggix", "pgjax", "pgkax", "pgnax", "pgoax", "pgrnx", "pgrox", "pgsix", "pgvax", "pgwax", "pheax", "phizx", "phlax", "phstx", "phyix", "phyl", "physx", "piafx", "piamx", "piasx", "pibax", "piefx", "pieqx", "pigdx", "pincx", "pisdx", "pishx", "piuix", "pjdax", "pjeax", "pjgrx", "pjiax", "pjrax", "plbbx", "plbex", "plusx", "pmegx", "pmtgx", "pmvax", "pnbax", "pneax", "pngax", "pnopx", "pnrax", "pnsax", "pnvax", "pogax", "pomix", "povsx", "ppiax", "ppnax", "ppqax", "pqcnx", "pqnax", "pqtsx", "prafx", "prasx", "prblx", "prcix", "prcox", "prcpx", "prdgx", "prdmx", "prdsx", "prefx", "preix", "premx", "presx", "prfdx", "prfhx", "prfrx", "prfsx", "prfz", "prgfx", "prgmx", "prgsx", "prgtx", "prhsx", "prhyx", "pridx", "prigx", "prihx", "prijx", "prinx", "pripx", "prisx", "pritx", "prjax", "prjpx", "prkax", "prlax", "prmdx", "prmsx", "prmtx", "prnex", "prnhx", "prnyx", "provx", "prpax", "prpix", "prscx", "prsgx", "prsix", "prsmx", "prsnx", "prsvx", "prtax", "prtix", "pruax", "prulx", "prvax", "prvbx", "prwax", "prwbx", "prwcx", "prxcx", "pscc", "pscd", "psce", "psch", "psci", "pscm", "psct", "psecx", "psgix", "psiax", "psilx", "pslax", "psnyx", "pstax", "ptebx", "ptmax", "pttfx", "pucax", "pudax", "puls", "purcx", "pvfax", "pvfix", "pvivx", "pwjax", "pwtax", "pxbix", "pxgox", "pxlix", "pxnix", "pxsix", "pxwgx", "pxwix", "pyaix", "pycix", "pycsx", "pyeix", "pyfix", "pygix", "pysix", "pyvsx", "pzrmx", "qaacx", "qabgx", "qalgx", "qaltx", "qascx", "qasgx", "qbdsx", "qcbmrx", "qceqrx", "qcgdx", "qcglrx", "qcgrrx", "qcilrx", "qcmmrx", "qcscrx", "qcstrx", "qefa", "qemm", "qevox", "qfvox", "qgitx", "qgro", "qgrpx", "qlenx", "qlmlfx", "qlmlsx", "qlmltx", "qmnix", "qqqm", "qspmx", "qstax", "quasx", "qusox", "qwld", "qwvox", "raax", "raghx", "ragtx", "ralax", "rapax", "ravi", "rbbax", "rbcgx", "rblax", "rcbax", "rcjtx", "rclax", "rcmcx", "rctix", "rdccx", "rdiv", "rdlax", "rdwbx", "reaax", "rebax", "rebyx", "recs", "redwx", "remsx", "remx", "retsx", "reuyx", "revs", "rfayx", "rfbsx", "rfcyx", "rfrax", "rgcyx", "rgeax", "rgiax", "rgsax", "rgwfx", "rhltx", "rimox", "rinyx", "rivjx", "rlvsx", "rmbhx", "rmdax", "rmeax", "rmgsx", "rmhyx", "rmlax", "rmmbx", "rmqhx", "rmtbx", "rmuyx", "rmycx", "roam", "rodm", "rokt", "rosc", "rous", "rpbax", "rpfix", "rpgax", "rpgex", "rpgix", "rpgrx", "rpibx", "rpidx", "rpiex", "rpifx", "rpihx", "rplcx", "rpmgx", "rpsix", "rpxfx", "rresx", "rrfax", "rrgax", "rrpax", "rrrax", "rseax", "rseix", "rsqax", "rtdyx", "rthax", "rtiyx", "rtnax", "rtrix", "rtssx", "rtxax", "rvpix", "ryaix", "ryavx", "ryawx", "ryazx", "rybhx", "rybix", "rycix", "rydhx", "rydvx", "ryeix", "ryeux", "ryfix", "rygbx", "ryhdx", "ryhix", "ryhrx", "ryidx", "ryiex", "ryiix", "ryilx", "ryipx", "ryiux", "ryjsx", "ryjux", "rykix", "ryldx", "rylix", "rymbx", "rymdx", "rymfx", "rymhx", "rymix", "rymkx", "rymsx", "rynvx", "ryocx", "ryoix", "ryotx", "rypix", "rypmx", "rypnx", "ryrix", "ryrrx", "ryrux", "rysbx", "ryshx", "rysix", "rysox", "rytix", "rytmx", "ryttx", "ryuix", "ryurx", "ryvfx", "ryvix", "ryvlx", "ryvtx", "rywax", "rywbx", "rywtx", "rywwx", "ryzax", "saaax", "safex", "sagwx", "saoox", "satox", "sbhex", "sboox", "sbstx", "sbtox", "scaux", "scavx", "scfzx", "scjax", "sclax", "scoax", "scorx", "scpax", "scrsx", "scvax", "scvex", "sdgax", "sdhax", "sdlax", "sdmax", "sdsax", "sdscx", "sdyax", "seacx", "sebfx", "seblx", "secax", "secex", "secpx", "sedax", "seekx", "sefix", "segmx", "sehax", "seiax", "seimx", "seitx", "sekax", "selcx", "semcx", "semvx", "sencx", "sequx", "sesvx", "setax", "sfrex", "sgffx", "sggax", "sghax", "sgidx", "sginx", "sgmax", "sgoax", "sgovx", "sgqax", "sgvax", "sgyax", "shgtx", "shrix", "shssx", "shtix", "shyd", "sibax", "sidcx", "sidvx", "siemx", "sifax", "sigax", "sihax", "sims", "sioax", "sisax", "sislx", "sitex", "siusx", "sivix", "sjnk", "skirx", "sktax", "slanx", "slasx", "slcax", "sldax", "sldbx", "slgax", "slgfx", "sllax", "slmcx", "slpax", "slvax", "slyg", "slyv", "smcwx", "smeax", "smgax", "smgix", "sminx", "smlax", "smlv", "smoax", "smog", "smqfx", "smsax", "smxax", "sngvx", "snidx", "sniex", "snsax", "sntix", "sntkx", "soaix", "sokax", "spab", "spbo", "spdax", "spdw", "specx", "spedx", "spegx", "spem", "speu", "spfax", "spgbx", "spgex", "spgm", "spgp", "spgsx", "spgtx", "sphb", "sphd", "sphq", "sphy", "spiax", "spib", "spilx", "spinx", "spip", "splb", "splv", "spmb", "spmd", "spmfx", "spmo", "spqax", "sprax", "spsb", "spsm", "spti", "sptl", "sptm", "spts", "spubx", "spusx", "spvm", "spyd", "spyg", "spygx", "spyv", "spyx", "sqmax", "sraax", "sreax", "srigx", "srmax", "srtmx", "srwax", "sscgx", "sscvx", 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\ No newline at end of file
+{"syms": ["aaaax", "aaaox", "aaarx", "aaatx", "aabkx", "aacpx", "aacrx", "aacsx", "aactx", "aadax", "aadhx", "aadnx", "aadtx", "aadwx", "aaegx", "aaekx", "aaetx", "aaewx", "aaftx", "aagox", "aagtx", "aahmx", "aahtx", "aaiix", "aaltx", "aamtx", "aantx", "aasox", "abaex", "abalx", "abasx", "abdax", "abhix", "abhyx", "abiax", "abimx", "ablox", "abnax", "abndx", "abpax", "abrzx", "abtfx", "abuax", "abvax", "abwax", "accex", "accnx", "aceix", "aceyx", "acfix", "acfox", "acgix", "acgyx", "acisx", "acitx", "acmvx", "acpsx", "acskx", "acstx", "acthx", "adfix", "adgax", "adjex", "adsix", "advdx", "aedax", "aedfx", "aepgx", "afcnx", "affcx", "afjax", "aflix", "afocx", "afrax", "aftex", "agbvx", "agdax", "aglox", "agovx", "agrfx", "agthx", "aguax", "ahitx", "aibax", "aidax", "aiemx", "aifrx", "aigox", "aigyx", "aiiex", "aioax", "aivsx", "aiwex", "alaax", "alarx", "alcax", "aldax", "alfyx", "algrx", "almrx", "alnyx", "alsmx", "alsrx", "altfx", "althx", "alvix", "alvox", "amaax", "amcpx", "amczx", "amecx", "amfex", "amgox", "amhix", "amhyx", "amlpx", "amrgx", "amrmx", "amtax", "amusx", "anagx", "ancfx", "anefx", "angl", "anglx", "annpx", "anwpx", "aotax", "apfdx", "apgax", "aphmx", "apoix", "aqeax", "aqeix", "arbfx", "archx", "arcvx", "ardex", "ardgx", "ardsx", "arevx", "arfvx", "argvx", "arhfx", "ariix", "arinx", "aroix", "arskx", "artox", "artrx", "artsx", "aryix", "asbax", "ascgx", "asdvx", "asfcx", "asiax", "asihx", "asmmx", "asqix", "asrax", "astex", "asvix", "asylx", "atfax", "atoax", "attyx", "atwax", "augax", "auiax", "aunax", "auuyx", "avaax", "avalx", "aveax", "avedx", "avefx", "avegx", "avemx", "averx", "avewx", "awaax", "awgix", "awpax", "awsax", "awshx", "axbax", "azbax", "aznax", "bacix", "bagix", "batex", "batpx", "bbcpx", "bbhlx", "bchyx", "bciix", "bcitx", "bcoix", "bdsix", "bearx", "bfiax", "bflax", "bgatx", "bgcbx", "bgehx", "bgeix", "bgetx", "bggsx", "bgitx", "bglax", "bgnmx", "bgsix", "bhiax", "biiex", "bils", "bimix", "bizd", "blpax", "bmbix", "bmcix", "bmnix", "bmqix", "bmsfx", "bndw", "bnglx", "bniex", "bogsx", "bosox", "bracx", "bramx", "brasx", "brcax", "brkax", "brsdx", "brudx", "brwax", "brxax", "bsbix", "bsnix", "btbfx", "btefx", "btiix", "btmfx", "btmix", "btsmx", "bubsx", "bufgx", "bufmx", "buftx", "bxfcx", "bxitx", "cabdx", "cabix", "caeax", "caibx", "canax", "capax", "cavax", "cbhcx", "cblax", "cbon", "cbsax", "ccasx", "cccmx", "ccfax", "ccrsx", "ccsax", "ccsmx", "cdazx", "cdcdx", "cdgrx", "cdhax", "cefix", "cemgx", "cemvx", "cenax", "cetfx", "cfagx", "cfbnx", "cfgrx", "cfiax", "cficx", "cfimx", "cfipx", "cfmox", "cfnlx", "cfrax", "cfsix", "cfvax", "cfvlx", "cgafx", "cgoax", "cgvyx", "chcgx", "chclx", "chtrx", "chusx", "cibr", "cigyx", "clazx", "cldax", "clmax", "clmpx", "cmaix", "cmgix", "cmgux", "cmiex", "cmvix", "cnsax", "cnxt", "coeax", "coiax", "colnx", "coltx", "comax", "cosix", "cpoax", "cppcx", "cptnx", "cpxax", "cracx", "craix", "crak", "creax", "crihx", "crsox", "csdax", "cseix", "csfax", "cshix", "cshtx", "csibx", "csmdx", "csmix", "csoax", "csrix", "csrsx", "cstax", "csuax", "csvax", "ctagx", "ctcax", "ctfax", "cthax", "ctlax", "ctrzx", "cugax", "cusex", "cwbfx", "cwgix", "cxhyx", "cybax", "czmgx", "czmsx", "czmvx", "dagvx", "davpx", "dbalx", "dbicx", "dbmix", "dboax", "dccax", "dcpyx", "dcsvx", "dcuax", "dddax", "ddfax", "ddiax", "ddvax", "dedax", "deeax", "deffx", "deggx", "delix", "demax", "deopx", "deqax", "dessx", "devlx", "dfac", "dfas", "dfat", "dfeox", "dffvx", "dflax", "dflex", "dfqtx", "dfrex", "dfstx", "dfsvx", "dfusx", "dfvex", "dgagx", "dgcax", "dgeax", "dglax", "dhgax", "dhlax", "dhmbx", "dhtax", "dial", "dibax", "difax", "diisx", "disax", "dissx", "ditex", "divhx", "dlhax", "dlqax", "dltrx", "dmcvx", "dmszx", "dmtfx", "dmuax", "dmusx", "dnlax", "dnldx", "dnmzx", "dodwx", "domix", "dpcfx", "dpiax", "dpltx", "dprex", "dqiax", "drcax", "drcvx", "dregx", "dreqx", "drevx", "drlix", "drnjx", "drrax", "dscpx", "dsibx", "dspix", "dstix", "dtcax", "dtgrx", "dtlgx", "dultx", "dura", "durpx", "dusa", "dvipx", "dvmhx", "dvrkx", "dvrux", "dvtax", "dwas", "dxhyx", "dxklx", "dxksx", "dxnlx", "eaalx", "eaamx", "eaasx", "eablx", "eacax", "eacox", "eacpx", "eadix", "eaeax", "eaemx", "eaerx", "eafgx", "eafhx", "eafvx", "eagmx", "eaiix", "eaisx", "ealbx", "ealcx", "ealdx", "ealtx", "eanax", "earax", "earrx", "eascx", "eatvx", "ebabx", "ebnd", "ebsax", "ecbsx", "ecctx", "ediax", "ediv", "eeiax", "eeldx", "eelv", "eemgx", "eemx", "efax", "egrix", "ehstx", "eigix", "eimgx", "einc", "eipcx", "eipix", "eitax", "eitex", "eivpx", "emaax", "emdax", "emlax", "emlc", "emoax", "emptx", "emrgx", "emsqx", "eniax", "epgax", "eqal", "eqnax", "eqwl", "erbax", "ergox", "erth", "eseax", "esge", "esgv", "eshix", "esmax", "espo", "etazx", "etegx", "etgax", "etgix", "ethix", "ethsx", "ethyx", "etmax", "etmbx", "etmdx", "etmnx", "etmox", "etncx", "etnjx", "etnyx", "etohx", "etorx", "etpax", "etsix", "ettgx", "etvax", "evcgx", "evfax", "evibx", "evifx", "evtmx", "evvcx", "exflx", "exmax", "exnax", "extgx", "facdx", "facfx", "facnx", "fafdx", "fafrx", "fagax", "fagix", "fairx", "famex", "fascx", "faztx", "fbdix", "fblax", "fbnd", "fbtax", "fcamx", "fceex", "fcenx", "fceux", "fcfgx", "fcfix", "fclax", "fcntx", "fcotx", "fcspx", "fcssx", "fcstx", "fcttx", "fcvsx", "fdbax", "fdcax", "fdegx", "fdetx", "fdgfx", "fdgrx", "fdiax", "fdivx", "fdmmx", "fdvax", "fedax", "felax", "femdx", "femgx", "feqmx", "feqtx", "feugx", "ffalx", "ffrsx", "ffsax", "fftfx", "ffxsx", "fgatx", "fgcsx", "fgfax", "fgiax", "fgilx", "fginx", "fgrax", "fgrix", "fgsax", "fgtax", "fgtix", "fgtzx", "fguax", "fhaix", "fhcox", "fhesx", "fhhix", "fhiix", "fhjux", "fhkax", "fhmix", "fhumx", "fhysx", "fhytx", "fhyvx", "fiasx", "fibpx", "ficgx", "ficmx", "ficnx", "fidpx", "fidsx", "fifnx", "figfx", "figkx", "figrx", "fihbx", "fiiax", "fiifx", "filfx", "fimyx", "fisax", "fiscx", "fisex", "fite", "fiusx", "fivlx", "fkasx", "fkbax", "fkcix", "fkdnx", "fkgrx", "fkinx", "fkitx", "fklax", "fknix", "fkrcx", "fkstx", "fktfx", "fktix", "fkusx", "fkutx", "fkytx", "flaax", "fldax", "flerx", "fljsx", "flncx", "flpsx", "flrex", "flrn", "fltdx", "fltfx", "fltmx", "fltr", "flvcx", "fmagx", "fmbpx", "fmcdx", "fmdcx", "fmdtx", "fmgix", "fmiex", "fmifx", "fmihx", "fmijx", "fmilx", "fmimx", "fminx", "fmisx", "fmitx", "fmndx", "fmoax", "fmotx", "fmsfx", "fmsgx", "fmtzx", "fmuax", "fmuux", "fncrx", "fndb", "fngax", "fniax", "fnmtx", "fnytx", "fobax", "focpx", "fohtx", "fopax", "fosfx", "fpjax", "fpntx", "fqchx", "fqtex", "fralx", "frbsx", "frcox", "frdax", "freex", "frfax", "frifx", "frlex", "frmox", "frnjx", "frorx", "frpax", "frsgx", "frstx", "frtsx", "frvax", "frvlx", "fsamx", "fsazx", "fscdx", "fsgrx", "fshix", "fslbx", "fsoax", "fspcx", "fsrbx", "fstbx", "fstkx", "fsvlx", "ftazx", "ftbfx", "ftcex", "ftcox", "ftczx", "ftfmx", "ftgax", "ftgsx", "ftiax", "ftlax", "ftnyx", "ftoix", "ftorx", "ftrax", "ftrcx", "ftrfx", "ftrnx", "ftrtx", "ftsd", "fttax", "fttmx", "fulax", "fusgx", "fusix", "fvatx", "fvdfx", "fvilx", "fvrmx", "fwiax", "fwwfx", "fxctx", "fxidx", "fxncx", "fyhtx", "gaaex", "gaawx", "gabcx", "gabvx", "gagax", "gaigx", "gaiox", "gatax", "gauax", "gbcix", "gblax", "gbonx", "gcaex", "gcasx", "gcblx", "gcecx", "gceqx", "gcinx", "gcpax", "gdxj", "gegax", "geosx", "ggbfx", "ggcax", "gghcx", "gglix", "ggmmx", "gibax", "gifax", "gijax", "gildx", "giocx", "giyix", "gldax", "glnax", "glrbx", "gmdyx", "goodx", "gpgix", "gpmfx", "grnb", "gsxax", "gtcix", "gtddx", "gtfbx", "gtrax", "gtsax", "gwlix", "gyld", "hacsx", "hadax", "hcegx", "hcemx", "hcesx", "hchyx", "hciex", "hcigx", "hciix", "hcimx", "hcinx", "hcmex", "hcmgx", "hcmnx", "hcrb", "hcsbx", "hcsrx", "hdvax", "heomx", "herix", "hfcgx", "hfqax", "hgxax", "hhccx", "hiabx", "hiacx", "hiadx", "hiagx", "hiahx", "hiaox", "hiasx", "hicox", "hilax", "himcx", "hiscx", "hisix", "hmezx", "hncax", "hnddx", "hnmdx", "hrsax", "hspgx", "hstax", "hstrx", "htrb", "hubax", "hulax", "hyem", "hymax", "hysax", "iarax", "iautx", "ibnax", "ibnd", "ibrax", "iceux", "icifx", "icmbx", "icmux", "icpax", "idivx", "idlv", "idmo", "iegax", "iemfx", "ienax", "ieyax", "igaax", "igiax", "iglgx", "igmax", "igncx", "ihfax", "ihiax", "ihoax", "iifax", "iigix", "imanx", "imntx", "imrfx", "inco", "index", "indzx", "ineax", "inivx", "inpax", "intax", "inutx", "ipiix", "ipkw", "ipoyx", "ircyx", "irfax", "irsyx", "iscax", "isfax", "isgdx", "isra", "itiox", "ityax", "ivcsx", "ivfax", "ivinx", "ivoax", "ivsox", "ivsyx", "ivvyx", "iysyx", "jaagx", "jablx", "jacax", "jacdx", "jaflx", "jagrx", "jaigx", "jamfx", "jascx", "javax", "jawgx", "jcsrx", "jctrx", "jderx", "jdvrx", "jdvwx", "jdyrx", "jensx", "jeqix", "jfdrx", "jgrsx", "jhbsx", "jhhbx", "jhyix", "jigtx", "jmbs", "jmcgx", "jmcrx", "jmvsx", "jrgrx", "jsgtx", "jsigx", "jsnwx", "jtmrx", "jvmrx", "kauax", "kbwb", "kbwd", "kbwp", "kbwy", "kctax", "kdhax", "kgdax", "khyax", "klcax", "kmdnx", "kmknx", "kntax", "komp", "korp", "kscox", "ksdvx", "ktcix", "ktrax", "ktxix", "labcx", "lacax", "lacfx", "lafax", "laffx", "lagwx", "laiax", "laiex", "lamax", "lanjx", "lansx", "lanyx", "laplx", "lauyx", "lavgx", "lavlx", "lbndx", "lbsax", "lcdvx", "lceax", "lcfix", "lcflx", "lciax", "lcrax", "lcsmx", "ldcax", "ldfvx", "ldmvx", "ldrax", "legax", "leifx", "lfeax", "lfgcx", "lfiax", "lfmax", "lfrax", "lftlx", "lgcax", "lgilx", "lglax", "lglv", "lhcax", "lhiax", "lhyax", "libax", "licax", "lidax", "lifax", "liiax", "lisax", "litax", "lldyx", "lmecx", "lmgax", "lmiax", "lmiyx", "lmsfx", "lmvyx", "lnyax", "lphax", "lpjrx", "lprax", "lprdx", "lprex", "lprfx", "lpvax", "lpxax", "lrscx", "lsbdx", "lsdax", "lsgbx", "lsofx", "lssix", "lswwx", "lsyux", "ltebx", "ltmax", "ltnyx", "ltrax", "lttkx", "lubax", "lutax", "lvhd", "lvhi", "lvitx", "lvoax", "lzhox", "maagx", "macfx", "madfx", "magwx", "mamax", "mapax", "masax", "masgx", "mbdfx", "mbeqx", "mbovx", "mbsax", "mcfix", "mcftx", "mcoax", "mcsax", "mctox", "mdidx", "mdsix", "mdxbx", "mdyg", "mdyv", "medhx", "mefix", "meifx", "meikx", "memax", "memqx", "memux", "merdx", "merfx", "mervx", "mfaax", "mfalx", "mfarx", "mfbfx", "mfcpx", "mfegx", "mffsx", "mfiax", "mfiox", "mfjax", "mfpax", "mfrkx", "mfscx", "mfsmx", "mfssx", "mfwtx", "mfwvx", "mgfox", "mghax", "mgiax", "mglax", "mgrax", "mgsex", "mgsix", "mgvax", "mhcax", "mhitx", "mhoax", "miaax", "miazx", "midax", "midsx", "mieix", "migfx", "mishx", "missx", "mittx", "miucx", "mkvhx", "mlaax", "mlfax", "mllax", "mlozx", "mlpnx", "mlpox", "mlptx", "mlpzx", "mltax", "mlvax", "mmgax", "mmgpx", "mmhyx", "mmufx", "mncex", "mndax", "mnrbx", "mnrgx", "mnrmx", "mnwax", "moat", "mofix", "moglx", "montx", "mort", "motg", "moti", "mpblx", "mqlix", "mrbkx", "mresx", "mrgax", "mrskx", "mscgx", "msfrx", "msggx", "msncx", "msnyx", "msoax", "mstbx", "mstfx", "mstgx", "mstpx", "mstqx", "msvax", "mtbax", "mtcax", "mtcgx", "mtlfx", "mtrax", "mueax", "mvalx", "mvcax", "mveix", "mvgax", "mwefx", "mwofx", "mxccx", "mxigx", "naarx", "nacmx", "nanr", "napix", "nbarx", "nbiax", "nbngx", "nbrvx", "ncaax", "ncbgx", "ncbix", "ncgfx", "nchax", "ncicx", "ncirx", "nclex", "ncoax", "nctwx", "ndarx", "ndvax", "nefjx", "nefox", "nefrx", "nefzx", "nesgx", "newfx", "nfrax", "ngcax", "nhmax", "nicsx", "njtfx", "nlgax", "nlsax", "nmaax", "nmbax", "nmdax", "nmiex", "nmmex", "nmmgx", "nmuix", "nnjax", "nnyax", "noiax", "notax", "novix", "nphix", "npscx", "nrfax", "nsaox", "nsbax", "nseix", "nsmax", "nsmmx", "nstrx", "nthex", "nugax", "nvhax", "nwhnx", "nwqax", "nyaax", "nyvtx", "oafix", "oaiex", "oakbx", "oakex", "oakgx", "oakix", "oaklx", "oakmx", "oakwx", "oalgx", "oalvx", "oasgx", "oasvx", "oaycx", "obegx", "olcax", "omfcx", "omfl", "omfs", "omifx", "oneo", "oneq", "onev", "oney", "onjcx", "opacx", "opcax", "opnyx", "origx", "orilx", "orncx", "oscbx", "ostax", "ostfx", "otcax", "otcfx", "owacx", "owcax", "owcix", "owfix", "owlsx", "owmbx", "ownyx", "owsmx", "paakx", "pabax", "pacax", "pacex", "pacjx", "padcx", "padlx", "paeax", "paekx", "paelx", "paffx", "pafmx", "pajrx", "pamfx", "pappx", "parmx", "parnx", "parwx", "pasux", "paxhx", "paxwx", "pazlx", "pbaix", "pbamx", "pbbbx", "pbcax", "pbdix", "pbqax", "pbsmx", "pbus", "pcdlx", "pcef", "pcjsx", "pckex", "pclcx", "pclrx", "pconx", "pcrix", "pcvax", "pdbax", "pdeax", "pdhax", "pdinx", "pdizx", "pdsax", "pennx", "peopx", "pequx", "pespx", "pexmx", "peyax", "pflrx", "pfsax", "pfslx", "pfxf", "pgdix", "pgeix", "pgeox", "pggax", "pggix", "pgjax", "pgkax", "pgnax", "pgoax", "pgrnx", "pgrox", "pgsix", "pgvax", "pgwax", "pheax", "phizx", "phlax", "phstx", "phyix", "phyl", "physx", "piafx", "piamx", "piasx", "pibax", "piefx", "pieqx", "pigdx", "pincx", "pisdx", "pishx", "piuix", "pjdax", "pjeax", "pjgrx", "pjiax", "pjrax", "plbbx", "plbex", "plusx", "pmegx", "pmtgx", "pmvax", "pnbax", "pneax", "pngax", "pnopx", "pnrax", "pnsax", "pnvax", "pogax", "pomix", "povsx", "ppiax", "ppnax", "ppqax", "pqcnx", "pqnax", "pqtsx", "prafx", "prasx", "prblx", "prcix", "prcox", "prcpx", "prdgx", "prdmx", "prdsx", "prefx", "preix", "premx", "presx", "prfdx", "prfhx", "prfrx", "prfsx", "prfz", "prgfx", "prgmx", "prgsx", "prgtx", "prhsx", "prhyx", "pridx", "prigx", "prihx", "prijx", "prinx", "pripx", "prisx", "pritx", "prjax", "prjpx", "prkax", "prlax", "prmdx", "prmsx", "prmtx", "prnex", "prnhx", "prnyx", "provx", "prpax", "prpix", "prscx", "prsgx", "prsix", "prsmx", "prsnx", "prsvx", "prtax", "prtix", "pruax", "prulx", "prvax", "prvbx", "prwax", "prwbx", "prwcx", "prxcx", "pscc", "pscd", "psce", "psch", "psci", "pscm", "psct", "psecx", "psgix", "psiax", "psilx", "pslax", "psnyx", "pstax", "ptebx", "ptmax", "pttfx", "pucax", "pudax", "puls", "purcx", "pvfax", "pvfix", "pvivx", "pwjax", "pwtax", "pxbix", "pxgox", "pxlix", "pxnix", "pxsix", "pxwgx", "pxwix", "pyaix", "pycix", "pycsx", "pyeix", "pyfix", "pygix", "pysix", "pyvsx", "pzrmx", "qaacx", "qabgx", "qalgx", "qaltx", "qascx", "qasgx", "qbdsx", "qcbmrx", "qceqrx", "qcgdx", "qcglrx", "qcgrrx", "qcilrx", "qcmmrx", "qcscrx", "qcstrx", "qefa", "qemm", "qevox", "qfvox", "qgitx", "qgro", "qgrpx", "qlenx", "qlmlfx", "qlmlsx", "qlmltx", "qmnix", "qqqm", "qspmx", "qstax", "quasx", "qusox", "qwld", "qwvox", "raax", "raghx", "ragtx", "ralax", "rapax", "ravi", "rbbax", "rbcgx", "rblax", "rcbax", "rcjtx", "rclax", "rcmcx", "rctix", "rdccx", "rdiv", "rdlax", "rdwbx", "reaax", "rebax", "rebyx", "recs", "redwx", "remsx", "remx", "retsx", "reuyx", "revs", "rfayx", "rfbsx", "rfcyx", "rfrax", "rgcyx", "rgeax", "rgiax", "rgsax", "rgwfx", "rhltx", "rimox", "rinyx", "rivjx", "rlvsx", "rmbhx", "rmdax", "rmeax", "rmgsx", "rmhyx", "rmlax", "rmmbx", "rmqhx", "rmtbx", "rmuyx", "rmycx", "roam", "rodm", "rokt", "rosc", "rous", "rpbax", "rpfix", "rpgax", "rpgex", "rpgix", "rpgrx", "rpibx", "rpidx", "rpiex", "rpifx", "rpihx", "rplcx", "rpmgx", "rpsix", "rpxfx", "rresx", "rrfax", "rrgax", "rrpax", "rrrax", "rseax", "rseix", "rsqax", "rtdyx", "rthax", "rtiyx", "rtnax", "rtrix", "rtssx", "rtxax", "rvpix", "ryaix", "ryavx", "ryawx", "ryazx", "rybhx", "rybix", "rycix", "rydhx", "rydvx", "ryeix", "ryeux", "ryfix", "rygbx", "ryhdx", "ryhix", "ryhrx", "ryidx", "ryiex", "ryiix", "ryilx", "ryipx", "ryiux", "ryjsx", "ryjux", "rykix", "ryldx", "rylix", "rymbx", "rymdx", "rymfx", "rymhx", "rymix", "rymkx", "rymsx", "rynvx", "ryocx", "ryoix", "ryotx", "rypix", "rypmx", "rypnx", "ryrix", "ryrrx", "ryrux", "rysbx", "ryshx", "rysix", "rysox", "rytix", "rytmx", "ryttx", "ryuix", "ryurx", "ryvfx", "ryvix", "ryvlx", "ryvtx", "rywax", "rywbx", "rywtx", "rywwx", "ryzax", "saaax", "safex", "sagwx", "saoox", "satox", "sbhex", "sboox", "sbstx", "sbtox", "scaux", "scavx", "scfzx", "scjax", "sclax", "scoax", "scorx", "scpax", "scrsx", "scvax", "scvex", "sdgax", "sdhax", "sdlax", "sdmax", "sdsax", "sdscx", "sdyax", "seacx", "sebfx", "seblx", "secax", "secex", "secpx", "sedax", "seekx", "sefix", "segmx", "sehax", "seiax", "seimx", "seitx", "sekax", "selcx", "semcx", "semvx", "sencx", "sequx", "sesvx", "setax", "sfrex", "sgffx", "sggax", "sghax", "sgidx", "sginx", "sgmax", "sgoax", 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[220, 963, 0.06666482291291628], [187, 1830, 0.0670241742996662], [628, 1946, 0.06721278609761439], [21, 1362, 0.06733859815667977], [43, 1419, 0.06741545945551738], [558, 1039, 0.0674749241836917], [1038, 1210, 0.06750580001936811], [908, 1135, 0.0678344669836601], [630, 646, 0.06889278573271787], [50, 1644, 0.06924719818980887], [856, 1780, 0.0695271273137273], [85, 1092, 0.06966277885657712], [715, 1297, 0.06976487872002775], [67, 70, 0.06995040107440237], [103, 174, 0.06998348041326645], [116, 177, 0.0700728390209933], [409, 532, 0.0707305308367969], [34, 226, 0.07073780778515212], [223, 400, 0.07097498486795588], [150, 1003, 0.07112467123016036], [196, 1001, 0.07145445781038505], [80, 912, 0.07146547184238382], [64, 180, 0.07174274498654075], [125, 1844, 0.07181441580893919], [1, 722, 0.07184024444025416], [597, 2313, 0.07188581011386908], [32, 33, 0.07251752500333178], [38, 571, 0.07255490104354696], [144, 160, 0.07268988127723959], [856, 2334, 0.0727943206987276], [1467, 2237, 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0.09682375922986582], [101, 243, 0.09686688407257939], [97, 366, 0.09700930133591255], [409, 558, 0.09704388750940522], [624, 1280, 0.09733621010477733], [1, 188, 0.09781549353688657], [630, 942, 0.09803546824164552], [227, 1975, 0.09822574674045759], [28, 156, 0.09835952802456704], [61, 393, 0.09836024746250606], [1499, 2250, 0.09964125607155938], [21, 66, 0.10007156773443064], [162, 855, 0.10058940722754432], [159, 263, 0.10118928756256805], [1080, 2373, 0.10157379573666986], [101, 268, 0.10164807246277761], [597, 1240, 0.10174244956019332], [165, 1564, 0.10175489187458457], [178, 989, 0.101995763350897], [969, 1660, 0.10200822104889687], [748, 972, 0.10223257068860843], [882, 908, 0.10258939198442857], [85, 127, 0.10300843337249002], [548, 1242, 0.10307894453411137], [19, 63, 0.10342006734205605], [122, 1769, 0.10509696969052694], [123, 1394, 0.10519378052520226], [163, 1566, 0.10529227535656265], [694, 1081, 0.10681206242542673], [561, 1672, 0.10697680456982236], [34, 1763, 0.10715974425723868], [670, 794, 0.10739304057555217], [206, 665, 0.10836914329601903], [23, 1788, 0.10846155263124886], [1513, 1572, 0.10902996497991746], [64, 220, 0.10927309561201805], [1178, 1687, 0.10934813399479637], [807, 1121, 0.1098798026137136], [155, 484, 0.11139062254805758], [1094, 1959, 0.1118894020131016], [471, 2022, 0.11211115649961485], [1239, 1501, 0.11231575580119113], [43, 1038, 0.11314505577865587], [162, 939, 0.11347271476503376], [37, 38, 0.11371113000429094], [456, 704, 0.11393825102346482], [624, 790, 0.11469293715956128], [103, 1319, 0.11477322774426958], [444, 1850, 0.11486374318990378], [125, 2368, 0.11501250644813317], [847, 848, 0.11532556917369596], [223, 1432, 0.11703450139221684], [45, 168, 0.11809183129864555], [1466, 1993, 0.11878338425414359], [501, 1159, 0.12030831231011307], [19, 50, 0.12172625733803162], [1702, 2133, 0.12461277040335417], [254, 1279, 0.12489178013808333], [525, 1556, 0.1261116368313455], [1, 61, 0.1267654764691693], [417, 708, 0.1270757911384642], [561, 745, 0.1281340512192671], [579, 2291, 0.12827877025398338], [530, 915, 0.1283553853540464], [684, 2186, 0.12849903295833306], [67, 856, 0.1287824130248109], [64, 253, 0.12956182550976678], [719, 1467, 0.13063861117547335], [1, 304, 0.1308267401412664], [163, 1560, 0.13168225533316028], [206, 819, 0.13204043235114998], [27, 150, 0.13212148603564167], [125, 846, 0.13222345513036735], [165, 778, 0.13397126565204948], [64, 560, 0.13399733515294485], [48, 204, 0.13452965496748515], [34, 1257, 0.13471121987748907], [37, 1229, 0.1362967669737144], [969, 1053, 0.13656032317348252], [23, 729, 0.13661265817516663], [97, 807, 0.13781592192377948], [950, 1167, 0.13841480011608498], [162, 1499, 0.1390316631520106], [92, 894, 0.1392490960865398], [97, 630, 0.13973413493210518], [19, 1466, 0.13988828103316622], [597, 2369, 0.1400403759942444], [1546, 1692, 0.14233845022078057], [833, 1900, 0.1428503312825956], [653, 991, 0.1430792391725869], [163, 325, 0.14332788124948131], [43, 1080, 0.14357171203895439], [21, 1557, 0.14362192606561636], [125, 952, 0.14474878555493964], [159, 1369, 0.14532978509609507], [144, 425, 0.145822043269974], [45, 1866, 0.1465824398475076], [68, 1519, 0.14719769641683664], [30, 223, 0.14742334046623645], [0, 1513, 0.1483551562212322], [1094, 1861, 0.14848902227644162], [162, 1664, 0.14959099331721584], [28, 85, 0.150585953586921], [86, 639, 0.151447263497246], [359, 471, 0.1523704100270579], [67, 68, 0.15360976392295056], [103, 122, 0.15424320509393466], [32, 37, 0.154435299919769], [62, 932, 0.15563472334679246], [1627, 1934, 0.15790198803252942], [97, 101, 0.15892922104236867], [384, 1802, 0.15966020223604033], [445, 456, 0.15967962939983427], [349, 888, 0.16128439464197114], [227, 684, 0.16172104449741337], [189, 900, 0.16250232246955865], [27, 159, 0.16302402511517713], [1, 64, 0.16365105687792664], [62, 298, 0.16954688564779638], [19, 1853, 0.1704764808102656], [189, 323, 0.1708285885997152], [48, 548, 0.17102259488526864], [834, 1050, 0.17241182548342798], [28, 597, 0.17264579122100823], [1472, 1679, 0.1736943334878013], [21, 163, 0.17562941507855964], [1, 445, 0.1763503770681568], [847, 1567, 0.17705107873090567], [43, 408, 0.17711221266419316], [34, 67, 0.17867775722189594], [520, 1827, 0.1800881176408787], [19, 212, 0.18192259788273993], [32, 359, 0.18533586428702276], [383, 1651, 0.1860019222020739], [579, 1627, 0.18642916782935418], [45, 349, 0.18658518986391], [1, 43, 0.1869020106524837], [561, 751, 0.18742662642280578], [417, 906, 0.18834647493732412], [27, 969, 0.19234760838219514], [28, 375, 0.1932062279125971], [30, 97, 0.1939485060955068], [115, 499, 0.1959951842618004], [62, 1883, 0.19747412681439785], [208, 2370, 0.19815151627765898], [207, 526, 0.19921571153104667], [208, 950, 0.1993127762831139], [232, 1357, 0.19962666305555846], [1178, 1699, 0.20060426069965365], [123, 882, 0.20100638795895592], [30, 565, 0.2030601533141944], [833, 1094, 0.2051838164371773], [178, 1546, 0.2057060883882895], [937, 2005, 0.206668709682311], [86, 927, 0.21110162672896068], [48, 310, 0.21120647117257246], [1488, 1673, 0.21415047339085888], [62, 653, 0.21518719734489614], [123, 1678, 0.21705719000108803], [192, 200, 0.21708324280390245], [694, 1956, 0.21732196074679072], [103, 624, 0.21936337108412116], [315, 1472, 0.21964328720406287], [125, 858, 0.21970312152037622], [21, 32, 0.22172468296191303], [0, 86, 0.22427722080719656], [30, 1178, 0.22468350296157735], [192, 1680, 0.224756373725921], [227, 1869, 0.2262972337056702], [45, 123, 0.22680204766666948], [1691, 1706, 0.2271819647449682], [88, 144, 0.22829475094032936], [27, 1498, 0.22875858624714662], [1, 178, 0.228880831599462], [162, 384, 0.2305431902639758], [103, 1979, 0.23058136416600514], [1500, 2011, 0.23097470378839668], [409, 1391, 0.23101775111437733], [1695, 1711, 0.23265367673487436], [34, 525, 0.2328194474979138], [45, 1840, 0.23605259832981448], [23, 1374, 0.24457522314557464], [115, 501, 0.2459996857263327], [19, 315, 0.2466886367547575], [27, 451, 0.2468983444408393], [0, 834, 0.24707681901932602], [21, 125, 0.25310560242072766], [1, 937, 0.25686842356007017], [103, 833, 0.26112838538899663], [92, 189, 0.2639363604641684], [1, 45, 0.26875333205642776], [579, 1855, 0.27844724415060285], [173, 417, 0.2798629534182677], [19, 455, 0.28013950303109786], [28, 530, 0.2876785521632649], [34, 719, 0.29036434000495237], [62, 227, 0.2912485405084538], [19, 847, 0.2919221102557812], [371, 453, 0.29923268599305003], [383, 444, 0.3056681837147095], [0, 1434, 0.3076384826030587], [92, 901, 0.3076452140690997], [1677, 1710, 0.3077811152737553], [1693, 1704, 0.307958054607238], [30, 162, 0.3090507195118596], [34, 103, 0.31262893202593034], [165, 428, 0.3160798856988912], [283, 561, 0.3279215625860519], [1497, 1715, 0.3287941998195292], [27, 1239, 0.3305688991717065], [0, 670, 0.3402984453726057], [217, 980, 0.3423760533843303], [1, 21, 0.3446005170683844], [371, 1488, 0.3457463208202864], [173, 2177, 0.353440244615738], [1686, 1695, 0.35492036549095207], [19, 62, 0.35910019976282725], [30, 579, 0.36511025776093486], [283, 747, 0.3658764397542061], [1, 23, 0.3696221501143706], [1495, 1667, 0.38867401380796124], [30, 1689, 0.3958155046584223], [254, 1671, 0.40242906080295054], [88, 982, 0.4055084396883761], [19, 1773, 0.41117914488771584], [207, 520, 0.415752648631494], [30, 1500, 0.42336648830047535], [1, 383, 0.43571573826529253], [27, 1139, 0.4417688416198045], [192, 1661, 0.45559209399576234], [155, 165, 0.4671745290519736], [92, 173, 0.46818679094128546], [1, 694, 0.4812708691103846], [371, 1864, 0.49179385786480856], [409, 569, 0.4960818875868671], [0, 34, 0.4981441579739952], [92, 115, 0.5193493483166601], [454, 1684, 0.5303933848338644], [30, 1496, 0.5357766892005283], [19, 207, 0.5406829943361241], [1, 28, 0.5573978327587303], [208, 974, 0.5632087510473915], [232, 1688, 0.5641721988914498], [192, 1691, 0.5680080235490667], [27, 30, 0.5734750555637261], [0, 1, 0.6136049286892807], [283, 748, 0.6322459912344253], [0, 232, 0.6508427016520028], [1495, 1702, 0.651067240727584], [1469, 2044, 0.6561578943308063], [92, 217, 0.6982378528603136], [0, 19, 0.7095680848278222], [206, 805, 0.7459225323741082], [0, 1495, 0.8149266675552201], [192, 454, 0.8515731039661298], [0, 27, 0.8696082882846013], [92, 1160, 0.8753352357709943], [1596, 1666, 0.8786024316090847], [0, 1555, 0.9338297595003899], [254, 1719, 1.048548564619725], [0, 88, 1.0539878003367478], [1621, 1686, 1.073280497707343], [92, 1469, 1.0931678801487177], [0, 371, 1.104831539346408], [0, 1596, 1.1458320143556484], [0, 283, 1.1674179227911199], [0, 92, 1.228714498006096], [1677, 1717, 1.2431843317591411], [0, 843, 1.290774762368701], [192, 1705, 1.3604493221700875], [208, 409, 1.416865873648734], [0, 598, 1.4472857919766375], [0, 208, 1.5495413024686688], [254, 1683, 1.594877975242244], [0, 48, 1.7573680363010686], [0, 155, 1.888311783912303], [254, 1621, 2.0610456984413252], [1180, 1693, 2.084566748416042], [0, 1497, 2.221562706847921], [192, 1677, 2.249743039558879], [0, 254, 2.3898577846413276], [0, 1180, 2.9089102194236327], [192, 1682, 3.4845932429939324], [0, 1540, 4.297948934689451], [192, 1721, 4.5684244195164965], [0, 206, 4.71404883981862], [0, 1720, 4.897736836289842], [0, 192, 10.400372407566499], [0, 785, 15.996054466183239], [0, 1259, 127.27035649701695], [0, 583, 145.49424292763393]], "n": 2384, "sleeves": ["qqq", "ivv", "iwm", "efa", "vwo", "vnq", "ief", "tlt", "vblix", "agg", "vweax", "vmbix", "djp", "gsg", "gld", "fxe", "fxy", "shy", "lqd", "hyg", "pff", "emb", "tip", "vtv", "xlk", "xlf", "xle", "xlv", "xlp", "xlu", "xly", "xlb", "dbmf", "dbb", "cash"]}
\ No newline at end of file
diff --git a/fundlab/decompose.py b/fundlab/decompose.py
index 41e41fd..04ccece 100644
--- a/fundlab/decompose.py
+++ b/fundlab/decompose.py
@@ -22,6 +22,7 @@ intercept; alphas are annualized (x252); t-stats use the OLS covariance.
 from __future__ import annotations
 
 import json
+from functools import lru_cache
 from pathlib import Path
 
 import numpy as np
@@ -49,6 +50,29 @@ def adj_close(sym: str, root: Path = DATA) -> pd.Series | None:
     return s
 
 
+@lru_cache(maxsize=1)
+def rf_series() -> pd.Series | None:
+    """Daily risk-free rate: BIL (SPDR 1-3 Month T-Bill) total return —
+    the local stand-in for the 3-month T-bill yield. Alphas are computed
+    in EXCESS of this rate (both the fund and the sleeves are netted
+    against it), so the intercept is a true excess-return alpha and a
+    cash position contributes zero (cash IS the risk-free rate). 0 where
+    BIL has no history (pre-2007)."""
+    a = adj_close("bil")
+    if a is None:
+        return None
+    return a.pct_change().fillna(0.0)
+
+
+def excess(panel: pd.DataFrame) -> pd.DataFrame:
+    """Net every column against the daily risk-free rate."""
+    rf = rf_series()
+    if rf is None:
+        return panel
+    rf = rf.reindex(panel.index).fillna(0.0)
+    return panel.sub(rf, axis=0)
+
+
 def returns_panel(symbols: list[str], start: str | None = None) -> pd.DataFrame:
     """Daily simple returns, outer-joined on dates (NaN where a series
     has no data). Callers must handle missing values per regressor —
@@ -207,9 +231,17 @@ CANDIDATES: dict[str, list[str]] = {
 }
 # share classes: same underlying fund
 ALIAS = {"pmfkx": "pmaix", "lcrix": "lcorx", "egrsx": "eagmx"}
-FULL_WINDOW = "1990-01-01"   # effectively all history
+FULL_WINDOW = "2007-06-01"  # from BIL inception: alphas are in excess of
+# the T-bill rate, which needs the rf series (raw pre-2007 returns
+# mixed with excess post-2007 returns breaks the full-window fit)
 RECENT_WINDOW = "2021-01-01"  # last ~5 years
 
+# sleeves that ARE the risk-free rate. Alphas are now computed in excess of
+# the T-bill rate, so these columns are ~0 in excess space and would make
+# the regression ill-conditioned. Cash exposure is captured by the residual
+# (1 - sum of betas) instead, so they are dropped from the regressors.
+CASH_SLEEVES = {"shv", "bil"}
+
 
 def _drift(rb: pd.DataFrame, full_beta: np.ndarray) -> dict[str, float]:
     """Mean |rolling beta - full-sample beta| per component, as a fraction
@@ -225,13 +257,14 @@ def _drift(rb: pd.DataFrame, full_beta: np.ndarray) -> dict[str, float]:
 def decompose(fund: str, start: str = FULL_WINDOW,
               candidates: dict[str, list[str]] | None = None) -> dict:
     cand_syms = (candidates or CANDIDATES).get(fund, [])
-    r = returns_panel([fund] + cand_syms, start=start)
+    r = excess(returns_panel([fund] + cand_syms, start=start))
     if fund not in r.columns:
         return {"fund": fund, "error": "no return history in the data set",
                 "verdict": "no return history", "start": start}
     y = r[fund].to_numpy()
     dates = r.index
-    cand = {s: r[s].to_numpy() for s in r.columns if s != fund}
+    cand = {s: r[s].to_numpy() for s in r.columns
+            if s != fund and s not in CASH_SLEEVES}
     y_ok = ~np.isnan(y)
     if y_ok.sum() < 252:
         return {"fund": fund, "error": "insufficient return history",
diff --git a/fundlab/decompose_results.json b/fundlab/decompose_results.json
index e0cf166..0cc86c2 100644
--- a/fundlab/decompose_results.json
+++ b/fundlab/decompose_results.json
@@ -8,31 +8,31 @@
    {
     "sym": "qqq",
     "label": "Nasdaq 100",
-    "beta": 0.45556908855154976,
-    "t": 21.168384781367326
+    "beta": 0.45572396343432614,
+    "t": 21.18605303017631
    },
    {
     "sym": "ivv",
     "label": "S&P 500",
-    "beta": -0.23830733177169833,
-    "t": -8.880615083435835
+    "beta": -0.23844196226163528,
+    "t": -8.890548299853723
    }
   ],
-  "alpha_ann": 0.026346531979070175,
-  "alpha_t": 0.9293227873648724,
-  "r2": 0.3450047574870089,
-  "adj_r2": 0.34448076129299854,
-  "tracking_err_ann": 0.08913637737874539,
-  "fund_ann_return": 0.0858412132654425,
-  "dw": 2.2341043107825733,
-  "weights_sum": 0.21726175677985143,
+  "alpha_ann": 0.008725569358042086,
+  "alpha_t": 0.3080359868376329,
+  "r2": 0.34539068152830166,
+  "adj_r2": 0.3448669940735243,
+  "tracking_err_ann": 0.08909165992156144,
+  "fund_ann_return": 0.06334361818459308,
+  "dw": 2.233073860681213,
+  "weights_sum": 0.21728200117269086,
   "rolling": {
    "window": 252,
    "drift": {
-    "x0": 0.27669921266438996,
-    "x1": 0.848102513519347
+    "x0": 0.27778875601159253,
+    "x1": 0.8450625968175058
    },
-   "max_drift": 0.848102513519347,
+   "max_drift": 0.8450625968175058,
    "n_windows": 108
   },
   "verdict": "not a static sleeve mix \u2014 returns driven by active decisions",
@@ -45,31 +45,31 @@
     {
      "sym": "qqq",
      "label": "Nasdaq 100",
-     "beta": 0.44616170327416194,
-     "t": 14.149678424413535
+     "beta": 0.445815877280377,
+     "t": 14.154261336566856
     },
     {
      "sym": "ivv",
      "label": "S&P 500",
-     "beta": -0.22538567937254084,
-     "t": -5.264409165765193
+     "beta": -0.22490717947848665,
+     "t": -5.26026364708684
     }
    ],
-   "alpha_ann": 0.0055503014317009975,
-   "alpha_t": 0.1484113857382209,
-   "r2": 0.3610309574164604,
-   "adj_r2": 0.36012526068707196,
-   "tracking_err_ann": 0.08832002153748113,
-   "fund_ann_return": 0.05033812888713632,
-   "dw": 2.1534721910947656,
-   "weights_sum": 0.2207760239016211,
+   "alpha_ann": -0.0187973654825882,
+   "alpha_t": -0.5034210308392802,
+   "r2": 0.3613954930728359,
+   "adj_r2": 0.3604903130488427,
+   "tracking_err_ann": 0.08824726032639948,
+   "fund_ann_return": 0.019103739889775293,
+   "dw": 2.152090740853146,
+   "weights_sum": 0.22090869780189037,
    "rolling": {
     "window": 252,
     "drift": {
-     "x0": 0.2848956566742419,
-     "x1": 0.8185826141529595
+     "x0": 0.2864564425948349,
+     "x1": 0.8108320708441488
     },
-    "max_drift": 0.8185826141529595,
+    "max_drift": 0.8108320708441488,
     "n_windows": 56
    },
    "verdict": "not a static sleeve mix \u2014 returns driven by active decisions"
@@ -85,45 +85,38 @@
    {
     "sym": "ivv",
     "label": "S&P 500",
-    "beta": 0.19562032232528356,
-    "t": 11.729655094756636
+    "beta": 0.20023325080074655,
+    "t": 12.02423293683505
    },
    {
     "sym": "vicbx",
     "label": "intermediate-term corporate bond",
-    "beta": 1.2393291638674306,
-    "t": 6.561747110208925
+    "beta": 0.7688420105637657,
+    "t": 6.50302650384594
    },
    {
     "sym": "ief",
     "label": "US intermediate treasuries (7-10 yr)",
-    "beta": -0.5478003004605062,
-    "t": -5.661209653417961
-   },
-   {
-    "sym": "vstbx",
-    "label": "short-term corporate bond",
-    "beta": -1.0095528723812663,
-    "t": -3.2405021184626386
+    "beta": -0.4879323422149587,
+    "t": -5.135965057073309
    }
   ],
-  "alpha_ann": 0.026673637645486293,
-  "alpha_t": 0.6555619809844426,
-  "r2": 0.10182834965198462,
-  "adj_r2": 0.10064068465978881,
-  "tracking_err_ann": 0.13999308469624303,
-  "fund_ann_return": 0.06002154419716573,
-  "dw": 1.9501017065798456,
-  "weights_sum": -0.12240368664905843,
+  "alpha_ann": 0.003956715334128657,
+  "alpha_t": 0.09761712179706401,
+  "r2": 0.09940738773245605,
+  "adj_r2": 0.09851453319286496,
+  "tracking_err_ann": 0.14027597595864763,
+  "fund_ann_return": 0.04147263423504969,
+  "dw": 1.94253752196585,
+  "weights_sum": 0.4811429191495535,
   "rolling": {
    "window": 252,
    "drift": {
-    "x0": 0.9561739344457876,
-    "x1": 0.8851118294710612,
-    "x2": 1.6558653570574795,
-    "x3": 1.3496745692775076
+    "x0": 0.9694925942688659,
+    "x1": 1.4173627741130663,
+    "x2": 1.8294100512225502
    },
-   "max_drift": 1.6558653570574795,
+   "max_drift": 1.8294100512225502,
    "n_windows": 133
   },
   "verdict": "not a static sleeve mix \u2014 returns driven by active decisions",
@@ -136,38 +129,45 @@
     {
      "sym": "ivv",
      "label": "S&P 500",
-     "beta": 0.41897124333609137,
-     "t": 14.248528357545942
-    },
-    {
-     "sym": "shv",
-     "label": "US short-term treasuries",
-     "beta": -7.305355576774472,
-     "t": -4.903013063951641
+     "beta": 0.37988291209093883,
+     "t": 12.261257986224251
     },
     {
      "sym": "vweax",
      "label": "high-yield corporate",
-     "beta": 0.42005732490633185,
-     "t": 3.997263415922683
+     "beta": 0.2682498767001146,
+     "t": 2.0046234665906315
+    },
+    {
+     "sym": "ief",
+     "label": "US intermediate treasuries (7-10 yr)",
+     "beta": -0.9603456978920113,
+     "t": -4.147813345469411
+    },
+    {
+     "sym": "vicbx",
+     "label": "intermediate-term corporate bond",
+     "beta": 1.0609798821975496,
+     "t": 3.3235471847440783
     }
    ],
-   "alpha_ann": 0.2243721369422037,
-   "alpha_t": 2.8094259011461844,
-   "r2": 0.21865529238383408,
-   "adj_r2": 0.21699285683571456,
-   "tracking_err_ann": 0.15588237414909037,
-   "fund_ann_return": 0.08494859854904573,
-   "dw": 1.9902727126144717,
-   "weights_sum": -6.466327008532049,
+   "alpha_ann": -0.01754445090924893,
+   "alpha_t": -0.26544401732242506,
+   "r2": 0.21946927006075034,
+   "adj_r2": 0.2172534269665296,
+   "tracking_err_ann": 0.15592265558638874,
+   "fund_ann_return": 0.053714209551684704,
+   "dw": 1.9852608701628978,
+   "weights_sum": 0.7487669730965917,
    "rolling": {
     "window": 252,
     "drift": {
-     "x0": 0.8466015103540322,
-     "x1": 0.5239705908149238,
-     "x2": 0.5882002201443478
+     "x0": 0.9197457813795715,
+     "x1": 1.1282394407074852,
+     "x2": 0.6818744285659768,
+     "x3": 0.6952870456027107
     },
-    "max_drift": 0.8466015103540322,
+    "max_drift": 1.1282394407074852,
     "n_windows": 56
    },
    "verdict": "not a static sleeve mix \u2014 returns driven by active decisions"
@@ -176,19 +176,41 @@
  },
  "cvsix": {
   "fund": "cvsix",
-  "start": "1990-09-04",
+  "start": "2007-06-04",
   "end": "2026-08-21",
-  "n_obs": 9057,
-  "components": [],
-  "alpha_ann": 0.05494737178055986,
-  "alpha_t": 6.693203697489781,
-  "r2": 3.3306690738754696e-15,
-  "adj_r2": 3.4416913763379853e-15,
-  "tracking_err_ann": 0.04921311085638685,
-  "fund_ann_return": 0.054947371780559855,
-  "dw": 2.201070204327631,
-  "weights_sum": 0.0,
-  "verdict": "no component explains returns (market neutral or cash-like)  [strategy evolved \u2014 5y R\u00b2 = 0.74]",
+  "n_obs": 4836,
+  "components": [
+   {
+    "sym": "ivv",
+    "label": "S&P 500",
+    "beta": 0.13944342275016944,
+    "t": 22.16048007154632
+   },
+   {
+    "sym": "ive",
+    "label": "S&P 500 Value",
+    "beta": 0.1115643987894347,
+    "t": 17.894583784593237
+   }
+  ],
+  "alpha_ann": 0.00018013801893943223,
+  "alpha_t": 0.03199460527681233,
+  "r2": 0.7982879559907375,
+  "adj_r2": 0.7982044831812986,
+  "tracking_err_ann": 0.024635349708886055,
+  "fund_ann_return": 0.024464456597050144,
+  "dw": 2.4240185481991383,
+  "weights_sum": 0.2510078215396041,
+  "rolling": {
+   "window": 252,
+   "drift": {
+    "x0": 0.40044401361877857,
+    "x1": 0.49055678180877993
+   },
+   "max_drift": 0.49055678180877993,
+   "n_windows": 219
+  },
+  "verdict": "partially explainable \u2014 material active/timing residual",
   "recent": {
    "fund": "cvsix",
    "start": "2021-01-05",
@@ -198,38 +220,38 @@
     {
      "sym": "ivv",
      "label": "S&P 500",
-     "beta": 0.14337409425906908,
-     "t": 23.56952105733188
+     "beta": 0.14332125424877917,
+     "t": 23.593729794061424
     },
     {
      "sym": "vweax",
      "label": "high-yield corporate",
-     "beta": 0.055353843180348514,
-     "t": 4.856854249459811
+     "beta": 0.05579355995261459,
+     "t": 4.905834804784004
     },
     {
      "sym": "ive",
      "label": "S&P 500 Value",
-     "beta": 0.025427867003656124,
-     "t": 3.6082323626617847
+     "beta": 0.025826125856986126,
+     "t": 3.669915182504569
     }
    ],
-   "alpha_ann": 0.018963344604106105,
-   "alpha_t": 2.625529185806505,
-   "r2": 0.7365622841041414,
-   "adj_r2": 0.7360017783256396,
-   "tracking_err_ann": 0.017045091698141286,
-   "fund_ann_return": 0.04743113695845717,
-   "dw": 2.4362438569399654,
-   "weights_sum": 0.2241558044430737,
+   "alpha_ann": -0.005310865729658133,
+   "alpha_t": -0.7370078105449293,
+   "r2": 0.7380703930757613,
+   "adj_r2": 0.7375130960397522,
+   "tracking_err_ann": 0.01702192650751983,
+   "fund_ann_return": 0.016196747961096148,
+   "dw": 2.4617978242509237,
+   "weights_sum": 0.2249409400583799,
    "rolling": {
     "window": 252,
     "drift": {
-     "x0": 0.16656102001355494,
-     "x1": 0.09765665332386918,
-     "x2": 0.11331311792968189
+     "x0": 0.1643362109577189,
+     "x1": 0.10078843706110298,
+     "x2": 0.11120586309418823
     },
-    "max_drift": 0.16656102001355494,
+    "max_drift": 0.1643362109577189,
     "n_windows": 56
    },
    "verdict": "partially explainable \u2014 material active/timing residual"
@@ -238,32 +260,32 @@
  },
  "jlpsx": {
   "fund": "jlpsx",
-  "start": "2005-11-02",
+  "start": "2007-06-04",
   "end": "2026-08-24",
-  "n_obs": 5233,
+  "n_obs": 4837,
   "components": [
    {
     "sym": "ivv",
     "label": "S&P 500",
-    "beta": 1.0437558832956155,
-    "t": 162.56889184909045
+    "beta": 1.045744428061813,
+    "t": 156.1531644094943
    }
   ],
-  "alpha_ann": 0.011050486799195222,
-  "alpha_t": 0.5691336721993374,
-  "r2": 0.8347738874968654,
-  "adj_r2": 0.8347423015453259,
-  "tracking_err_ann": 0.08838608033412072,
-  "fund_ann_return": 0.14222655212102187,
-  "dw": 2.8431265199678273,
-  "weights_sum": 1.0437558832956155,
+  "alpha_ann": 0.00821786074894376,
+  "alpha_t": 0.3932062645650097,
+  "r2": 0.8345244082476451,
+  "adj_r2": 0.8344901837198783,
+  "tracking_err_ann": 0.09149097192784611,
+  "fund_ann_return": 0.12069329792642097,
+  "dw": 2.8461024450042416,
+  "weights_sum": 1.045744428061813,
   "rolling": {
    "window": 252,
    "drift": {
-    "x0": 0.0438981065572047
+    "x0": 0.0405871593856497
    },
-   "max_drift": 0.0438981065572047,
-   "n_windows": 238
+   "max_drift": 0.0405871593856497,
+   "n_windows": 219
   },
   "verdict": "partially explainable \u2014 material active/timing residual",
   "recent": {
@@ -275,38 +297,38 @@
     {
      "sym": "ivv",
      "label": "S&P 500",
-     "beta": 1.034383539393894,
-     "t": 91.67948652777572
+     "beta": 1.0343108756744281,
+     "t": 91.68427897314943
     },
     {
      "sym": "ijt",
      "label": "S&P Small-Cap 600 Growth",
-     "beta": -0.029869184923710934,
-     "t": -3.6565866275389944
+     "beta": -0.029864745507038104,
+     "t": -3.6557821227836684
     },
     {
      "sym": "vwo",
      "label": "emerging markets stock",
-     "beta": 0.024879403995978433,
-     "t": 3.325899423592402
+     "beta": 0.02487374461042563,
+     "t": 3.3242390669207933
     }
    ],
-   "alpha_ann": -0.0029851840422737987,
-   "alpha_t": -0.19449233213311515,
-   "r2": 0.9561755665716403,
-   "adj_r2": 0.9560823891795176,
-   "tracking_err_ann": 0.0362318939737439,
-   "fund_ann_return": 0.15826248266783624,
-   "dw": 2.2564400244536875,
-   "weights_sum": 1.0293937584661617,
+   "alpha_ann": -0.002058102594816536,
+   "alpha_t": -0.13416706315402047,
+   "r2": 0.9562016726363036,
+   "adj_r2": 0.9561085507496339,
+   "tracking_err_ann": 0.036233216893478574,
+   "fund_ann_return": 0.12703071926629914,
+   "dw": 2.2562790008673534,
+   "weights_sum": 1.0293198747778156,
    "rolling": {
     "window": 252,
     "drift": {
-     "x0": 0.029887310344874126,
-     "x1": 0.1450970324235002,
-     "x2": 0.09661012864484575
+     "x0": 0.02989869018735069,
+     "x1": 0.14511033434068452,
+     "x2": 0.09659940983847856
     },
-    "max_drift": 0.1450970324235002,
+    "max_drift": 0.14511033434068452,
     "n_windows": 56
    },
    "verdict": "static sleeve mix (weights stable, ~fully explained)"
@@ -322,59 +344,59 @@
    {
     "sym": "efa",
     "label": "developed markets (ex-US, MSCI)",
-    "beta": 0.2344874843476855,
-    "t": 30.602178496272092
+    "beta": 0.2342021034482813,
+    "t": 30.55911776078371
    },
    {
     "sym": "vweax",
     "label": "high-yield corporate",
-    "beta": 0.6192246204138075,
-    "t": 37.00150032703783
+    "beta": 0.6208238607608472,
+    "t": 37.13835065231049
    },
    {
     "sym": "djp",
     "label": "Dow Jones-UBS Commodity Index",
-    "beta": 0.04740991451070612,
-    "t": 10.82367809724191
+    "beta": 0.04749938999070426,
+    "t": 10.840482274867233
    },
    {
     "sym": "agg",
     "label": "US aggregate bond",
-    "beta": -0.15148499144323813,
-    "t": -10.175119663083366
+    "beta": -0.15046206386526964,
+    "t": -10.106171597269745
    },
    {
     "sym": "ivv",
     "label": "S&P 500",
-    "beta": -0.050460193217015836,
-    "t": -6.080317182282203
+    "beta": -0.0501875886192944,
+    "t": -6.046018997522196
    },
    {
     "sym": "vnq",
     "label": "US real estate (REITs)",
-    "beta": 0.023020899742284634,
-    "t": 4.40169223227429
+    "beta": 0.02287144257442776,
+    "t": 4.371756269052925
    }
   ],
-  "alpha_ann": 0.035437156651329446,
-  "alpha_t": 3.3490804145584185,
-  "r2": 0.679121578877175,
-  "adj_r2": 0.6785981230515259,
-  "tracking_err_ann": 0.040264984588024334,
-  "fund_ann_return": 0.08546192744916578,
-  "dw": 2.088102202855144,
-  "weights_sum": 0.7221977343542297,
+  "alpha_ann": 0.031162715385478136,
+  "alpha_t": 2.947865397945414,
+  "r2": 0.6797062077878001,
+  "adj_r2": 0.6791837056797867,
+  "tracking_err_ann": 0.04028099756820632,
+  "fund_ann_return": 0.07034099188016898,
+  "dw": 2.0876013830865383,
+  "weights_sum": 0.7247471442896964,
   "rolling": {
    "window": 252,
    "drift": {
-    "x0": 0.20577309247165354,
-    "x1": 0.18907744513443525,
-    "x2": 0.158769877923333,
-    "x3": 0.4541512565652454,
-    "x4": 0.3837359243950157,
-    "x5": 0.165791799569151
+    "x0": 0.20575805386781323,
+    "x1": 0.18681220808923746,
+    "x2": 0.1587993928513138,
+    "x3": 0.45454745825600446,
+    "x4": 0.38444792558498725,
+    "x5": 0.16546789947568588
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-   "max_drift": 0.4541512565652454,
+   "max_drift": 0.45454745825600446,
    "n_windows": 164
   },
   "verdict": "partially explainable \u2014 material active/timing residual",
@@ -387,59 +409,59 @@
     {
      "sym": "efa",
      "label": "developed markets (ex-US, MSCI)",
-     "beta": 0.2449954218314655,
-     "t": 19.03579186143622
+     "beta": 0.24473759389588262,
+     "t": 19.00283922997842
     },
     {
      "sym": "vweax",
      "label": "high-yield corporate",
-     "beta": 0.5344327280136246,
-     "t": 16.011005736881103
+     "beta": 0.5372104897386567,
+     "t": 16.103260936561814
     },
     {
      "sym": "djp",
      "label": "Dow Jones-UBS Commodity Index",
-     "beta": 0.06919531081867039,
-     "t": 10.653443293821173
+     "beta": 0.06938599801895062,
+     "t": 10.676712958820943
     },
     {
      "sym": "agg",
      "label": "US aggregate bond",
-     "beta": -0.1934942270463675,
-     "t": -8.131663840261679
+     "beta": -0.19333009783683208,
+     "t": -8.11160151508934
     },
     {
      "sym": "vnq",
      "label": "US real estate (REITs)",
-     "beta": 0.066420197792225,
-     "t": 7.199106958431038
+     "beta": 0.06621826956477261,
+     "t": 7.172193699170671
     },
     {
      "sym": "ivv",
      "label": "S&P 500",
-     "beta": -0.08454175511501988,
-     "t": -6.445665952633282
+     "beta": -0.08435181341513154,
+     "t": -6.426348838004292
     }
    ],
-   "alpha_ann": 0.05220162671812971,
-   "alpha_t": 2.7522346782393368,
-   "r2": 0.6089406987814124,
-   "adj_r2": 0.6072730684990304,
-   "tracking_err_ann": 0.04465476548081441,
-   "fund_ann_return": 0.10594922784805459,
-   "dw": 1.935004996999197,
-   "weights_sum": 0.637007676294598,
+   "alpha_ann": 0.04082495688531831,
+   "alpha_t": 2.152397614138228,
+   "r2": 0.6096553683333141,
+   "adj_r2": 0.6079907856822835,
+   "tracking_err_ann": 0.044689122030053804,
+   "fund_ann_return": 0.07471483885069356,
+   "dw": 1.9346130218527207,
+   "weights_sum": 0.639870439966299,
    "rolling": {
     "window": 252,
     "drift": {
-     "x0": 0.16713565476068823,
-     "x1": 0.26061370415899987,
-     "x2": 0.08726856185338772,
-     "x3": 0.16461642759479633,
-     "x4": 0.13071922650272086,
-     "x5": 0.21414714053386924
+     "x0": 0.1671860759451414,
+     "x1": 0.25655049841349564,
+     "x2": 0.08732386984016029,
+     "x3": 0.16621273904543582,
+     "x4": 0.12920669787121783,
+     "x5": 0.21412246453558206
     },
-    "max_drift": 0.26061370415899987,
+    "max_drift": 0.25655049841349564,
     "n_windows": 56
    },
    "verdict": "partially explainable \u2014 material active/timing residual"
@@ -455,24 +477,24 @@
    {
     "sym": "vweax",
     "label": "high-yield corporate",
-    "beta": 0.31388720384359853,
-    "t": 14.18893920835988
+    "beta": 0.31408020584888224,
+    "t": 14.233025536261852
    }
   ],
-  "alpha_ann": 0.029332925492427733,
-  "alpha_t": 1.4357260819167152,
-  "r2": 0.10084825638507544,
-  "adj_r2": 0.10034733619364655,
-  "tracking_err_ann": 0.054457753005862385,
-  "fund_ann_return": 0.04399267904999808,
-  "dw": 2.051284316393219,
-  "weights_sum": 0.31388720384359853,
+  "alpha_ann": 0.011214743353964248,
+  "alpha_t": 0.5499099164846765,
+  "r2": 0.1014122666997479,
+  "adj_r2": 0.10091166072019342,
+  "tracking_err_ann": 0.054415787896770054,
+  "fund_ann_return": 0.0175913878955729,
+  "dw": 2.0490050441415466,
+  "weights_sum": 0.31408020584888224,
   "rolling": {
    "window": 252,
    "drift": {
-    "x0": 0.7331280914924483
+    "x0": 0.7350910426419783
    },
-   "max_drift": 0.7331280914924483,
+   "max_drift": 0.7350910426419783,
    "n_windows": 74
   },
   "verdict": "not a static sleeve mix \u2014 returns driven by active decisions",
@@ -485,45 +507,45 @@
     {
      "sym": "vweax",
      "label": "high-yield corporate",
-     "beta": 0.04168035087416321,
-     "t": 2.2063240080677304
+     "beta": 0.04320170198849804,
+     "t": 2.296500416096954
     },
     {
      "sym": "ief",
      "label": "US intermediate treasuries (7-10 yr)",
-     "beta": -0.3867098615283498,
-     "t": -10.37474630140078
+     "beta": -0.38969258904974097,
+     "t": -10.479771644162556
     },
     {
      "sym": "vmbix",
      "label": "mortgage-backed securities",
-     "beta": 0.31402590773539685,
-     "t": 9.161419056733536
+     "beta": 0.3130362587759152,
+     "t": 9.157046020939154
     },
     {
      "sym": "tlt",
      "label": "US long-term treasuries (20+ yr)",
-     "beta": 0.06735987458994033,
-     "t": 5.549320204906601
+     "beta": 0.0685623035477091,
+     "t": 5.6603761842671565
     }
    ],
-   "alpha_ann": 0.0527292589505514,
-   "alpha_t": 4.2909358903055885,
-   "r2": 0.08657628999415645,
-   "adj_r2": 0.08398501705796968,
-   "tracking_err_ann": 0.028979898356966537,
-   "fund_ann_return": 0.05695447285684168,
-   "dw": 2.2442433975515654,
-   "weights_sum": 0.0363562716711506,
+   "alpha_ann": 0.022574207899981324,
+   "alpha_t": 1.8450816514697712,
+   "r2": 0.08790217742190443,
+   "adj_r2": 0.08531466586849135,
+   "tracking_err_ann": 0.028900955479401885,
+   "fund_ann_return": 0.02572270945530456,
+   "dw": 2.249149864058837,
+   "weights_sum": 0.03510767526238136,
    "rolling": {
     "window": 252,
     "drift": {
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-     "x1": 0.4064266430323177,
-     "x2": 0.3680865071797071,
-     "x3": 0.09762048759677722
+     "x0": 0.21917257525109182,
+     "x1": 0.38158369877153014,
+     "x2": 0.3640541567160828,
+     "x3": 0.08752483555662005
     },
-    "max_drift": 0.4064266430323177,
+    "max_drift": 0.38158369877153014,
     "n_windows": 56
    },
    "verdict": "not a static sleeve mix \u2014 returns driven by active decisions"
@@ -539,59 +561,52 @@
    {
     "sym": "ivw",
     "label": "S&P 500 Growth",
-    "beta": -0.08192299528316607,
-    "t": -4.0260419229419835
+    "beta": -0.08288027892571437,
+    "t": -4.061874733985948
    },
    {
     "sym": "ive",
     "label": "S&P 500 Value",
-    "beta": 0.2609710931386727,
-    "t": 9.495012993507824
+    "beta": 0.2631578836681017,
+    "t": 9.548634976330503
    },
    {
     "sym": "iwm",
     "label": "US small cap",
-    "beta": -0.7033008999688797,
-    "t": -14.398386309918285
+    "beta": -0.7065839489410959,
+    "t": -14.427225726606203
    },
    {
     "sym": "ijt",
     "label": "S&P Small-Cap 600 Growth",
-    "beta": 0.3751139296366351,
-    "t": 8.722604382154021
+    "beta": 0.3797291609859403,
+    "t": 8.807492366228692
    },
    {
     "sym": "ijs",
     "label": "S&P Small-Cap 600 Value",
-    "beta": 0.1845783441822273,
-    "t": 6.386825106301779
-   },
-   {
-    "sym": "shv",
-    "label": "US short-term treasuries",
-    "beta": -2.754459031292181,
-    "t": -3.8820894019208985
+    "beta": 0.1854162059676364,
+    "t": 6.397900453903693
    }
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-  "alpha_ann": 0.12818487124441533,
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-  "fund_ann_return": 0.08091865655856706,
-  "dw": 1.8961660779849816,
-  "weights_sum": -2.7190195595866915,
+  "alpha_ann": 0.061425150241996296,
+  "alpha_t": 2.0780310327829867,
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+  "adj_r2": 0.10748925138958132,
+  "tracking_err_ann": 0.10539540298132072,
+  "fund_ann_return": 0.06351536823711293,
+  "dw": 1.8979885652198045,
+  "weights_sum": 0.038839022754868086,
   "rolling": {
    "window": 252,
    "drift": {
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-    "x1": 0.8607703018245606,
-    "x2": 0.40949478429698954,
-    "x3": 0.3889681450569688,
-    "x4": 0.9937533641149741,
-    "x5": 1.4461092192565497
+    "x0": 0.9128531135288536,
+    "x1": 0.8336688348336744,
+    "x2": 0.4071159094670215,
+    "x3": 0.398133162887613,
+    "x4": 0.9970353576964819
    },
-   "max_drift": 1.4461092192565497,
+   "max_drift": 0.9970353576964819,
    "n_windows": 142
   },
   "verdict": "not a static sleeve mix \u2014 returns driven by active decisions",
@@ -604,52 +619,45 @@
     {
      "sym": "ivw",
      "label": "S&P 500 Growth",
-     "beta": -0.06943941702935164,
-     "t": -2.2675960385991307
+     "beta": -0.07119090361077429,
+     "t": -2.301241410561487
     },
     {
      "sym": "ive",
      "label": "S&P 500 Value",
-     "beta": 0.21375136440801723,
-     "t": 4.0635176755747535
+     "beta": 0.20730669513553426,
+     "t": 3.9030785065041704
     },
     {
      "sym": "iwm",
      "label": "US small cap",
-     "beta": -0.6189777356607347,
-     "t": -11.154913059718409
+     "beta": -0.6180444313646999,
+     "t": -11.024699613537605
     },
     {
      "sym": "ijs",
      "label": "S&P Small-Cap 600 Value",
-     "beta": 0.48890809639467814,
-     "t": 8.976960770542815
-    },
-    {
-     "sym": "shv",
-     "label": "US short-term treasuries",
-     "beta": -6.202064838851471,
-     "t": -5.221795262354262
+     "beta": 0.4901986852240423,
+     "t": 8.909005344369199
     }
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-   "alpha_ann": 0.37899676888646366,
-   "alpha_t": 5.884228223888841,
-   "r2": 0.17907422272719475,
-   "adj_r2": 0.17615900334767476,
-   "tracking_err_ann": 0.1258743914848915,
-   "fund_ann_return": 0.20378567372709033,
-   "dw": 1.8476027480671517,
-   "weights_sum": -6.1878225307388615,
+   "alpha_ann": 0.1598760426481058,
+   "alpha_t": 2.965355762635578,
+   "r2": 0.16287159905623472,
+   "adj_r2": 0.16049508123950285,
+   "tracking_err_ann": 0.12721486602467913,
+   "fund_ann_return": 0.1725512847297293,
+   "dw": 1.8421545589396595,
+   "weights_sum": 0.008270045384102365,
    "rolling": {
     "window": 252,
     "drift": {
-     "x0": 0.4695949092898872,
-     "x1": 0.8640997084339416,
-     "x2": 0.6037347855639,
-     "x3": 0.7978620842217455,
-     "x4": 0.6116773035053029
+     "x0": 0.5094062629657062,
+     "x1": 0.8225949710968278,
+     "x2": 0.5974024219433977,
+     "x3": 0.8196865556032501
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-    "max_drift": 0.8640997084339416,
+    "max_drift": 0.8225949710968278,
     "n_windows": 56
    },
    "verdict": "not a static sleeve mix \u2014 returns driven by active decisions"
@@ -665,31 +673,31 @@
    {
     "sym": "efa",
     "label": "developed markets (ex-US, MSCI)",
-    "beta": 0.06942890671894897,
-    "t": 18.07601188807692
+    "beta": 0.06948105881819999,
+    "t": 18.06635743333585
    },
    {
     "sym": "agg",
     "label": "US aggregate bond",
-    "beta": 0.10001905582875992,
-    "t": 7.751274664401302
+    "beta": 0.10159918527703161,
+    "t": 7.870702155093096
    }
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-  "alpha_ann": 0.05206713295886885,
-  "alpha_t": 5.103917116288613,
-  "r2": 0.12071609207684797,
-  "adj_r2": 0.12016377806433343,
-  "tracking_err_ann": 0.03623399351955989,
-  "fund_ann_return": 0.06016511606656689,
-  "dw": 2.1930328695290275,
-  "weights_sum": 0.16944796254770889,
+  "alpha_ann": 0.03745366827045679,
+  "alpha_t": 3.668270549372026,
+  "r2": 0.12127758251775789,
+  "adj_r2": 0.120725621200244,
+  "tracking_err_ann": 0.03628091861372832,
+  "fund_ann_return": 0.042581654423058744,
+  "dw": 2.1932994077908066,
+  "weights_sum": 0.1710802440952316,
   "rolling": {
    "window": 252,
    "drift": {
-    "x0": 0.1373472721585143,
-    "x1": 0.2623420377551537
+    "x0": 0.13695069540946475,
+    "x1": 0.26439042539155894
    },
-   "max_drift": 0.2623420377551537,
+   "max_drift": 0.26439042539155894,
    "n_windows": 140
   },
   "verdict": "not a static sleeve mix \u2014 returns driven by active decisions",
@@ -702,31 +710,31 @@
     {
      "sym": "agg",
      "label": "US aggregate bond",
-     "beta": 0.16482774305146136,
-     "t": 13.530158875689205
+     "beta": 0.16470239306726778,
+     "t": 13.453450014561591
     },
     {
      "sym": "efa",
      "label": "developed markets (ex-US, MSCI)",
-     "beta": 0.05272328376723269,
-     "t": 11.974320936849248
+     "beta": 0.05306670613704391,
+     "t": 12.008458633606425
     }
    ],
-   "alpha_ann": 0.02851487058619257,
-   "alpha_t": 2.6098427381219285,
-   "r2": 0.24198871761674323,
-   "adj_r2": 0.24091428631641254,
-   "tracking_err_ann": 0.02582591212260749,
-   "fund_ann_return": 0.03414405706979862,
-   "dw": 2.027102891716548,
-   "weights_sum": 0.21755102681869404,
+   "alpha_ann": 0.0040432870101372,
+   "alpha_t": 0.36849827060502655,
+   "r2": 0.24147161332709932,
+   "adj_r2": 0.24039644906533753,
+   "tracking_err_ann": 0.02592266056097889,
+   "fund_ann_return": 0.002909668072437604,
+   "dw": 2.0354525960284975,
+   "weights_sum": 0.2177690992043117,
    "rolling": {
     "window": 252,
     "drift": {
-     "x0": 0.21771692656768357,
-     "x1": 0.06046195722494479
+     "x0": 0.22337534938288625,
+     "x1": 0.060580504485098566
     },
-    "max_drift": 0.21771692656768357,
+    "max_drift": 0.22337534938288625,
     "n_windows": 56
    },
    "verdict": "not a static sleeve mix \u2014 returns driven by active decisions"
@@ -735,19 +743,55 @@
  },
  "cosix": {
   "fund": "cosix",
-  "start": "1990-01-03",
+  "start": "2007-06-04",
   "end": "2026-08-21",
-  "n_obs": 9226,
-  "components": [],
-  "alpha_ann": 0.058717525483004025,
-  "alpha_t": 8.97921782878531,
-  "r2": 3.3306690738754696e-16,
-  "adj_r2": 4.440892098500626e-16,
-  "tracking_err_ann": 0.039565089695926974,
-  "fund_ann_return": 0.05871752548300402,
-  "dw": 1.7589309508798752,
-  "weights_sum": 0.0,
-  "verdict": "no component explains returns (market neutral or cash-like)  [strategy evolved \u2014 5y R\u00b2 = 0.86]",
+  "n_obs": 4836,
+  "components": [
+   {
+    "sym": "vweax",
+    "label": "high-yield corporate",
+    "beta": 0.4548169631907527,
+    "t": 63.34131435492553
+   },
+   {
+    "sym": "agg",
+    "label": "US aggregate bond",
+    "beta": 0.1511675849079179,
+    "t": 13.98735276918438
+   },
+   {
+    "sym": "ief",
+    "label": "US intermediate treasuries (7-10 yr)",
+    "beta": 0.15324759437039684,
+    "t": 11.328259223816248
+   },
+   {
+    "sym": "tlt",
+    "label": "US long-term treasuries (20+ yr)",
+    "beta": -0.03705845576018543,
+    "t": -6.535405568215052
+   }
+  ],
+  "alpha_ann": 0.0069253030834754035,
+  "alpha_t": 1.2352815941690094,
+  "r2": 0.5962345112110221,
+  "adj_r2": 0.5959001990696112,
+  "tracking_err_ann": 0.024510720042011852,
+  "fund_ann_return": 0.030921441320152232,
+  "dw": 2.0939763493598593,
+  "weights_sum": 0.722173686708882,
+  "rolling": {
+   "window": 252,
+   "drift": {
+    "x0": 0.27786461788880673,
+    "x1": 0.8264273441874537,
+    "x2": 0.7280829240711465,
+    "x3": 0.1742435011846507
+   },
+   "max_drift": 0.8264273441874537,
+   "n_windows": 219
+  },
+  "verdict": "not a static sleeve mix \u2014 returns driven by active decisions  [strategy evolved \u2014 5y R\u00b2 = 0.86]",
   "recent": {
    "fund": "cosix",
    "start": "2021-01-05",
@@ -757,45 +801,45 @@
     {
      "sym": "vmbix",
      "label": "mortgage-backed securities",
-     "beta": 0.288460763166248,
-     "t": 12.452945480339036
+     "beta": 0.28887316382647,
+     "t": 12.454890809700483
     },
     {
      "sym": "vweax",
      "label": "high-yield corporate",
-     "beta": 0.29933745310561866,
-     "t": 28.620403943860424
+     "beta": 0.3002086642913559,
+     "t": 28.72276270767028
     },
     {
      "sym": "agg",
      "label": "US aggregate bond",
-     "beta": 0.1773268606937985,
-     "t": 5.111860730207353
+     "beta": 0.17631619697194606,
+     "t": 5.066864540669999
     },
     {
      "sym": "tlt",
      "label": "US long-term treasuries (20+ yr)",
-     "beta": 0.023873312991125495,
-     "t": 3.2290450844819194
+     "beta": 0.02400101994199455,
+     "t": 3.236297956445751
     }
    ],
-   "alpha_ann": 0.010013564293547298,
-   "alpha_t": 1.4857644255260904,
-   "r2": 0.8602970091640032,
-   "adj_r2": 0.8599004073447385,
-   "tracking_err_ann": 0.015882120791285648,
-   "fund_ann_return": 0.021278965202663088,
-   "dw": 2.102412506087817,
-   "weights_sum": 0.7889983899567907,
+   "alpha_ann": 0.0034055231266541166,
+   "alpha_t": 0.5060180240719854,
+   "r2": 0.8601673041602881,
+   "adj_r2": 0.8597703341224181,
+   "tracking_err_ann": 0.015892834236782012,
+   "fund_ann_return": -0.00995542379469793,
+   "dw": 2.1051888823492595,
+   "weights_sum": 0.7893990450317664,
    "rolling": {
     "window": 252,
     "drift": {
-     "x0": 0.42276301035369823,
-     "x1": 0.24123352544971702,
-     "x2": 0.7930957664509884,
-     "x3": 0.2024940055906148
+     "x0": 0.4252489595125078,
+     "x1": 0.23657124441969127,
+     "x2": 0.8037120941320186,
+     "x3": 0.20459293605726642
     },
-    "max_drift": 0.7930957664509884,
+    "max_drift": 0.8037120941320186,
     "n_windows": 56
    },
    "verdict": "mostly stable sleeve mix"
@@ -811,59 +855,59 @@
    {
     "sym": "ivv",
     "label": "S&P 500",
-    "beta": 0.39245838142956163,
-    "t": 20.072399939088108
+    "beta": 0.3934730631010903,
+    "t": 20.112747794893927
    },
    {
     "sym": "ief",
     "label": "US intermediate treasuries (7-10 yr)",
-    "beta": -0.6691512098665768,
-    "t": -9.960156247284127
+    "beta": -0.6672904325112433,
+    "t": -9.91301804981739
    },
    {
     "sym": "fxe",
     "label": "Euro",
-    "beta": -0.28134567186258985,
-    "t": -9.853324593642872
+    "beta": -0.2798391951716235,
+    "t": -9.795180847339958
    },
    {
     "sym": "djp",
     "label": "Dow Jones-UBS Commodity Index",
-    "beta": 0.08330432021118495,
-    "t": 7.670473267330599
+    "beta": 0.08395773991820255,
+    "t": 7.7259730012089936
    },
    {
     "sym": "tlt",
     "label": "US long-term treasuries (20+ yr)",
-    "beta": 0.17450273619844878,
-    "t": 5.921229335495926
+    "beta": 0.17422527203235444,
+    "t": 5.900986213589557
    },
    {
     "sym": "efa",
     "label": "developed markets (ex-US, MSCI)",
-    "beta": 0.10847192647358558,
-    "t": 5.004925817589
+    "beta": 0.10752699727091022,
+    "t": 4.958043720895558
    }
   ],
-  "alpha_ann": 0.024820519135557266,
-  "alpha_t": 0.8961816713889841,
-  "r2": 0.5321084883020772,
-  "adj_r2": 0.531057046702756,
-  "tracking_err_ann": 0.0899358494603154,
-  "fund_ann_return": 0.09479368792724513,
-  "dw": 1.9290049781910437,
-  "weights_sum": -0.19175951741638578,
+  "alpha_ann": -0.00045153048490512436,
+  "alpha_t": -0.016302926780138057,
+  "r2": 0.5318661802389226,
+  "adj_r2": 0.5308141941271,
+  "tracking_err_ann": 0.09001270615106423,
+  "fund_ann_return": 0.07365514892974617,
+  "dw": 1.928481894810867,
+  "weights_sum": -0.18794655536030927,
   "rolling": {
    "window": 252,
    "drift": {
-    "x0": 0.2670019959185202,
-    "x1": 0.7612945161886517,
-    "x2": 0.5685135801904753,
-    "x3": 0.25349794378898627,
-    "x4": 0.42287402866416995,
-    "x5": 0.5520356165472149
+    "x0": 0.26552764444765425,
+    "x1": 0.7705992465476852,
+    "x2": 0.5769052940500818,
+    "x3": 0.2524028772138047,
+    "x4": 0.42658508723365424,
+    "x5": 0.5526302034711513
    },
-   "max_drift": 0.7612945161886517,
+   "max_drift": 0.7705992465476852,
    "n_windows": 116
   },
   "verdict": "not a static sleeve mix \u2014 returns driven by active decisions",
@@ -876,59 +920,59 @@
     {
      "sym": "ivv",
      "label": "S&P 500",
-     "beta": 0.4102633005758794,
-     "t": 24.341611835442336
+     "beta": 0.41033195033923553,
+     "t": 24.32702742184995
     },
     {
      "sym": "ief",
      "label": "US intermediate treasuries (7-10 yr)",
-     "beta": -0.7200822566052334,
-     "t": -9.045916015900026
+     "beta": -0.7227300740808164,
+     "t": -9.064686365407582
     },
     {
      "sym": "djp",
      "label": "Dow Jones-UBS Commodity Index",
-     "beta": 0.10085813682120615,
-     "t": 7.96335478113521
+     "beta": 0.10129522687657033,
+     "t": 7.993393805761339
     },
     {
      "sym": "fxe",
      "label": "Euro",
-     "beta": -0.1852046053656746,
-     "t": -5.387240877525066
+     "beta": -0.18505121038096506,
+     "t": -5.379199276723343
     },
     {
      "sym": "tlt",
      "label": "US long-term treasuries (20+ yr)",
-     "beta": 0.1371607922006066,
-     "t": 3.7298157820718036
+     "beta": 0.1377856249092302,
+     "t": 3.742065631674986
     },
     {
      "sym": "vweax",
      "label": "high-yield corporate",
-     "beta": -0.2190781037842444,
-     "t": -3.4498633589251306
+     "beta": -0.21485190880161434,
+     "t": -3.384813799345217
     }
    ],
-   "alpha_ann": 0.026755231746647828,
-   "alpha_t": 0.7260542397794253,
-   "r2": 0.4427937324584458,
-   "adj_r2": 0.4404175863282046,
-   "tracking_err_ann": 0.08668088600277926,
-   "fund_ann_return": 0.10072573524358285,
-   "dw": 1.8935415103077673,
-   "weights_sum": -0.4760827361574602,
+   "alpha_ann": -0.019512977194782143,
+   "alpha_t": -0.5297536811693668,
+   "r2": 0.4429572785271425,
+   "adj_r2": 0.4405818298215013,
+   "tracking_err_ann": 0.08673742554440077,
+   "fund_ann_return": 0.06949134624622183,
+   "dw": 1.89538372709432,
+   "weights_sum": -0.4732203911383597,
    "rolling": {
     "window": 252,
     "drift": {
-     "x0": 0.19181939552220412,
-     "x1": 0.3354105640246233,
-     "x2": 0.2047082089271779,
-     "x3": 0.5337763768544731,
-     "x4": 0.31529704059151686,
-     "x5": 1.158363172487587
+     "x0": 0.19345902452527108,
+     "x1": 0.3415891839856278,
+     "x2": 0.20267729447586033,
+     "x3": 0.5395865512305767,
+     "x4": 0.3169090312799757,
+     "x5": 1.1606476003364163
     },
-    "max_drift": 1.158363172487587,
+    "max_drift": 1.1606476003364163,
     "n_windows": 56
    },
    "verdict": "not a static sleeve mix \u2014 returns driven by active decisions"
@@ -937,19 +981,55 @@
  },
  "eagmx": {
   "fund": "eagmx",
-  "start": "1997-11-03",
+  "start": "2007-06-04",
   "end": "2026-08-21",
-  "n_obs": 7244,
-  "components": [],
-  "alpha_ann": 0.050824482110222884,
-  "alpha_t": 8.039707312489185,
-  "r2": -1.1102230246251565e-15,
-  "adj_r2": -1.1102230246251565e-15,
-  "tracking_err_ann": 0.033891570631519576,
-  "fund_ann_return": 0.0508244821102229,
-  "dw": 1.9385563443482812,
-  "weights_sum": 0.0,
-  "verdict": "no component explains returns (market neutral or cash-like)",
+  "n_obs": 4836,
+  "components": [
+   {
+    "sym": "vweax",
+    "label": "high-yield corporate",
+    "beta": 0.1856182895144886,
+    "t": 26.657820898961045
+   },
+   {
+    "sym": "tlt",
+    "label": "US long-term treasuries (20+ yr)",
+    "beta": -0.023567148498810905,
+    "t": -9.600125447250651
+   },
+   {
+    "sym": "fxe",
+    "label": "Euro",
+    "beta": -0.03289345466104654,
+    "t": -7.43513325825094
+   },
+   {
+    "sym": "gld",
+    "label": "Gold",
+    "beta": 0.010335544923485457,
+    "t": 4.6821274173683465
+   }
+  ],
+  "alpha_ann": 0.019434047018155307,
+  "alpha_t": 3.339738602782719,
+  "r2": 0.14533027958195488,
+  "adj_r2": 0.14462262508357515,
+  "tracking_err_ann": 0.025421613566359646,
+  "fund_ann_return": 0.02816589029687043,
+  "dw": 1.962370565847655,
+  "weights_sum": 0.1394932312781166,
+  "rolling": {
+   "window": 252,
+   "drift": {
+    "x0": 0.2647558304142975,
+    "x1": 0.12336675263361316,
+    "x2": 0.1503415802741684,
+    "x3": 0.062042137475788454
+   },
+   "max_drift": 0.2647558304142975,
+   "n_windows": 219
+  },
+  "verdict": "not a static sleeve mix \u2014 returns driven by active decisions",
   "recent": {
    "fund": "eagmx",
    "start": "2021-01-05",
@@ -959,38 +1039,38 @@
     {
      "sym": "ief",
      "label": "US intermediate treasuries (7-10 yr)",
-     "beta": -0.08612900590965679,
-     "t": -7.775770337985069
+     "beta": -0.08584494619380106,
+     "t": -7.760430041526917
     },
     {
      "sym": "vweax",
      "label": "high-yield corporate",
-     "beta": 0.09714053153148342,
-     "t": 6.2437458560353
+     "beta": 0.09895733450894054,
+     "t": 6.3794087439033405
     },
     {
      "sym": "fxy",
      "label": "Japanese Yen",
-     "beta": 0.029519557759761714,
-     "t": 3.7673950023045486
+     "beta": 0.027162142673230097,
+     "t": 3.467903803568033
     }
    ],
-   "alpha_ann": 0.055900808564439394,
-   "alpha_t": 5.20066580035999,
-   "r2": 0.05095371708568386,
-   "adj_r2": 0.048934469675227854,
-   "tracking_err_ann": 0.02533976434093521,
-   "fund_ann_return": 0.058946455973364384,
-   "dw": 1.837466450766458,
-   "weights_sum": 0.04053108338158834,
+   "alpha_ann": 0.025672260006706474,
+   "alpha_t": 2.3926054768160046,
+   "r2": 0.051193736807026546,
+   "adj_r2": 0.049175000076828734,
+   "tracking_err_ann": 0.025307740165345066,
+   "fund_ann_return": 0.027712066976003362,
+   "dw": 1.8511969677296585,
+   "weights_sum": 0.04027453098836957,
    "rolling": {
     "window": 252,
     "drift": {
-     "x0": 0.3492893563867785,
-     "x1": 0.20298329394851625,
-     "x2": 0.07174902615914276
+     "x0": 0.3589328503652043,
+     "x1": 0.19412226009744077,
+     "x2": 0.07688233298512344
     },
-    "max_drift": 0.3492893563867785,
+    "max_drift": 0.3589328503652043,
     "n_windows": 56
    },
    "verdict": "not a static sleeve mix \u2014 returns driven by active decisions"
@@ -1001,7 +1081,7 @@
   "fund": "lcorx",
   "error": "no return history in the data set",
   "verdict": "no return history",
-  "start": "1990-01-01",
+  "start": "2007-06-01",
   "recent": {
    "fund": "lcorx",
    "error": "no return history in the data set",
@@ -1019,62 +1099,55 @@
    {
     "sym": "ivv",
     "label": "S&P 500",
-    "beta": 0.5924375150630279,
-    "t": 47.111831514579826
+    "beta": 0.593019822972016,
+    "t": 47.07770326542599
    },
    {
     "sym": "ive",
     "label": "S&P 500 Value",
-    "beta": 0.287611197385718,
-    "t": 24.519604228970984
+    "beta": 0.2863569929315508,
+    "t": 24.37527619414036
    },
    {
     "sym": "ijk",
     "label": "S&P Mid-Cap 400 Growth",
-    "beta": 0.21615100882604454,
-    "t": 16.024470374704247
+    "beta": 0.21591549826148396,
+    "t": 15.978214010755446
    },
    {
     "sym": "iwm",
     "label": "US small cap",
-    "beta": -0.23713306806264878,
-    "t": -15.301969229049684
+    "beta": -0.23616913429979125,
+    "t": -15.21453181807965
    },
    {
     "sym": "ijt",
     "label": "S&P Small-Cap 600 Growth",
-    "beta": 0.08182509699723003,
-    "t": 5.251050388316936
-   },
-   {
-    "sym": "shv",
-    "label": "US short-term treasuries",
-    "beta": 0.8402716605552001,
-    "t": 3.371728168166483
+    "beta": 0.0807323819883079,
+    "t": 5.172760977242069
    }
   ],
-  "alpha_ann": -0.013142415064292253,
-  "alpha_t": -1.100272198008015,
-  "r2": 0.9538473658830551,
-  "adj_r2": 0.9537483258956797,
-  "tracking_err_ann": 0.03577603601650824,
-  "fund_ann_return": 0.13631999009039603,
-  "dw": 2.1773606534393157,
-  "weights_sum": 1.781163410764572,
+  "alpha_ann": 0.0031337542547337296,
+  "alpha_t": 0.29080627615512256,
+  "r2": 0.9536821147147603,
+  "adj_r2": 0.9535993154918693,
+  "tracking_err_ann": 0.03584709236568382,
+  "fund_ann_return": 0.11618075769703362,
+  "dw": 2.178557351299804,
+  "weights_sum": 0.9398555618535674,
   "rolling": {
    "window": 252,
    "drift": {
-    "x0": 0.1728242094144316,
-    "x1": 0.34751423069844256,
-    "x2": 0.2577728950590679,
-    "x3": 0.44186860937361244,
-    "x4": 0.3668810220684854,
-    "x5": 1.6462023135541486
+    "x0": 0.1710556781276705,
+    "x1": 0.34926427744634014,
+    "x2": 0.2669770282113219,
+    "x3": 0.4429090626254094,
+    "x4": 0.3613643918168113
    },
-   "max_drift": 1.6462023135541486,
+   "max_drift": 0.4429090626254094,
    "n_windows": 122
   },
-  "verdict": "mostly stable sleeve mix with drifting weights",
+  "verdict": "static sleeve mix (weights stable, ~fully explained)",
   "recent": {
    "fund": "lamhx",
    "start": "2021-01-05",
@@ -1084,45 +1157,45 @@
     {
      "sym": "ivv",
      "label": "S&P 500",
-     "beta": 0.6193099922725518,
-     "t": 40.4949370126514
+     "beta": 0.6192984859387928,
+     "t": 40.49813418191866
     },
     {
      "sym": "ive",
      "label": "S&P 500 Value",
-     "beta": 0.26293261022523196,
-     "t": 16.74318387082312
+     "beta": 0.26281986594649553,
+     "t": 16.73967670759519
     },
     {
      "sym": "ijk",
      "label": "S&P Mid-Cap 400 Growth",
-     "beta": 0.19701675392247014,
-     "t": 12.023321527643459
+     "beta": 0.1969975023111903,
+     "t": 12.023345544491676
     },
     {
      "sym": "iwm",
      "label": "US small cap",
-     "beta": -0.14148284702566433,
-     "t": -10.876289620460732
+     "beta": -0.14141741056740176,
+     "t": -10.87181614921345
     }
    ],
-   "alpha_ann": -0.0024165247422386882,
-   "alpha_t": -0.15995398884720494,
-   "r2": 0.9442029093804821,
-   "adj_r2": 0.9440446197617034,
-   "tracking_err_ann": 0.03562317439718008,
-   "fund_ann_return": 0.13829292090048273,
-   "dw": 2.098803191816331,
-   "weights_sum": 0.9377765093945896,
+   "alpha_ann": -0.004349856947577257,
+   "alpha_t": -0.28823411949274097,
+   "r2": 0.9442561614367614,
+   "adj_r2": 0.9440980228876458,
+   "tracking_err_ann": 0.03561976721275234,
+   "fund_ann_return": 0.10706115749894561,
+   "dw": 2.098664337465379,
+   "weights_sum": 0.937698443629077,
    "rolling": {
     "window": 252,
     "drift": {
-     "x0": 0.09305182386862508,
-     "x1": 0.32077302560627446,
-     "x2": 0.2546046400945276,
-     "x3": 0.2629175684280181
+     "x0": 0.09299670756045621,
+     "x1": 0.3200445093462297,
+     "x2": 0.2548621120877867,
+     "x3": 0.26287387349580643
     },
-    "max_drift": 0.32077302560627446,
+    "max_drift": 0.3200445093462297,
     "n_windows": 56
    },
    "verdict": "mostly stable sleeve mix"
@@ -1138,59 +1211,59 @@
    {
     "sym": "efa",
     "label": "developed markets (ex-US, MSCI)",
-    "beta": 0.2344874843476855,
-    "t": 30.602178496272092
+    "beta": 0.2342021034482813,
+    "t": 30.55911776078371
    },
    {
     "sym": "vweax",
     "label": "high-yield corporate",
-    "beta": 0.6192246204138075,
-    "t": 37.00150032703783
+    "beta": 0.6208238607608472,
+    "t": 37.13835065231049
    },
    {
     "sym": "djp",
     "label": "Dow Jones-UBS Commodity Index",
-    "beta": 0.04740991451070612,
-    "t": 10.82367809724191
+    "beta": 0.04749938999070426,
+    "t": 10.840482274867233
    },
    {
     "sym": "agg",
     "label": "US aggregate bond",
-    "beta": -0.15148499144323813,
-    "t": -10.175119663083366
+    "beta": -0.15046206386526964,
+    "t": -10.106171597269745
    },
    {
     "sym": "ivv",
     "label": "S&P 500",
-    "beta": -0.050460193217015836,
-    "t": -6.080317182282203
+    "beta": -0.0501875886192944,
+    "t": -6.046018997522196
    },
    {
     "sym": "vnq",
     "label": "US real estate (REITs)",
-    "beta": 0.023020899742284634,
-    "t": 4.40169223227429
+    "beta": 0.02287144257442776,
+    "t": 4.371756269052925
    }
   ],
-  "alpha_ann": 0.035437156651329446,
-  "alpha_t": 3.3490804145584185,
-  "r2": 0.679121578877175,
-  "adj_r2": 0.6785981230515259,
-  "tracking_err_ann": 0.040264984588024334,
-  "fund_ann_return": 0.08546192744916578,
-  "dw": 2.088102202855144,
-  "weights_sum": 0.7221977343542297,
+  "alpha_ann": 0.031162715385478136,
+  "alpha_t": 2.947865397945414,
+  "r2": 0.6797062077878001,
+  "adj_r2": 0.6791837056797867,
+  "tracking_err_ann": 0.04028099756820632,
+  "fund_ann_return": 0.07034099188016898,
+  "dw": 2.0876013830865383,
+  "weights_sum": 0.7247471442896964,
   "rolling": {
    "window": 252,
    "drift": {
-    "x0": 0.20577309247165354,
-    "x1": 0.18907744513443525,
-    "x2": 0.158769877923333,
-    "x3": 0.4541512565652454,
-    "x4": 0.3837359243950157,
-    "x5": 0.165791799569151
+    "x0": 0.20575805386781323,
+    "x1": 0.18681220808923746,
+    "x2": 0.1587993928513138,
+    "x3": 0.45454745825600446,
+    "x4": 0.38444792558498725,
+    "x5": 0.16546789947568588
    },
-   "max_drift": 0.4541512565652454,
+   "max_drift": 0.45454745825600446,
    "n_windows": 164
   },
   "verdict": "partially explainable \u2014 material active/timing residual",
@@ -1203,59 +1276,59 @@
     {
      "sym": "efa",
      "label": "developed markets (ex-US, MSCI)",
-     "beta": 0.2449954218314655,
-     "t": 19.03579186143622
+     "beta": 0.24473759389588262,
+     "t": 19.00283922997842
     },
     {
      "sym": "vweax",
      "label": "high-yield corporate",
-     "beta": 0.5344327280136246,
-     "t": 16.011005736881103
+     "beta": 0.5372104897386567,
+     "t": 16.103260936561814
     },
     {
      "sym": "djp",
      "label": "Dow Jones-UBS Commodity Index",
-     "beta": 0.06919531081867039,
-     "t": 10.653443293821173
+     "beta": 0.06938599801895062,
+     "t": 10.676712958820943
     },
     {
      "sym": "agg",
      "label": "US aggregate bond",
-     "beta": -0.1934942270463675,
-     "t": -8.131663840261679
+     "beta": -0.19333009783683208,
+     "t": -8.11160151508934
     },
     {
      "sym": "vnq",
      "label": "US real estate (REITs)",
-     "beta": 0.066420197792225,
-     "t": 7.199106958431038
+     "beta": 0.06621826956477261,
+     "t": 7.172193699170671
     },
     {
      "sym": "ivv",
      "label": "S&P 500",
-     "beta": -0.08454175511501988,
-     "t": -6.445665952633282
+     "beta": -0.08435181341513154,
+     "t": -6.426348838004292
     }
    ],
-   "alpha_ann": 0.05220162671812971,
-   "alpha_t": 2.7522346782393368,
-   "r2": 0.6089406987814124,
-   "adj_r2": 0.6072730684990304,
-   "tracking_err_ann": 0.04465476548081441,
-   "fund_ann_return": 0.10594922784805459,
-   "dw": 1.935004996999197,
-   "weights_sum": 0.637007676294598,
+   "alpha_ann": 0.04082495688531831,
+   "alpha_t": 2.152397614138228,
+   "r2": 0.6096553683333141,
+   "adj_r2": 0.6079907856822835,
+   "tracking_err_ann": 0.044689122030053804,
+   "fund_ann_return": 0.07471483885069356,
+   "dw": 1.9346130218527207,
+   "weights_sum": 0.639870439966299,
    "rolling": {
     "window": 252,
     "drift": {
-     "x0": 0.16713565476068823,
-     "x1": 0.26061370415899987,
-     "x2": 0.08726856185338772,
-     "x3": 0.16461642759479633,
-     "x4": 0.13071922650272086,
-     "x5": 0.21414714053386924
+     "x0": 0.1671860759451414,
+     "x1": 0.25655049841349564,
+     "x2": 0.08732386984016029,
+     "x3": 0.16621273904543582,
+     "x4": 0.12920669787121783,
+     "x5": 0.21412246453558206
     },
-    "max_drift": 0.26061370415899987,
+    "max_drift": 0.25655049841349564,
     "n_windows": 56
    },
    "verdict": "partially explainable \u2014 material active/timing residual"
@@ -1266,7 +1339,7 @@
   "fund": "lcrix",
   "error": "no return history in the data set",
   "verdict": "no return history",
-  "start": "1990-01-01",
+  "start": "2007-06-01",
   "recent": {
    "fund": "lcorx",
    "error": "no return history in the data set",
@@ -1277,19 +1350,55 @@
  },
  "egrsx": {
   "fund": "egrsx",
-  "start": "1997-11-03",
+  "start": "2007-06-04",
   "end": "2026-08-21",
-  "n_obs": 7244,
-  "components": [],
-  "alpha_ann": 0.050824482110222884,
-  "alpha_t": 8.039707312489185,
-  "r2": -1.1102230246251565e-15,
-  "adj_r2": -1.1102230246251565e-15,
-  "tracking_err_ann": 0.033891570631519576,
-  "fund_ann_return": 0.0508244821102229,
-  "dw": 1.9385563443482812,
-  "weights_sum": 0.0,
-  "verdict": "no component explains returns (market neutral or cash-like)",
+  "n_obs": 4836,
+  "components": [
+   {
+    "sym": "vweax",
+    "label": "high-yield corporate",
+    "beta": 0.1856182895144886,
+    "t": 26.657820898961045
+   },
+   {
+    "sym": "tlt",
+    "label": "US long-term treasuries (20+ yr)",
+    "beta": -0.023567148498810905,
+    "t": -9.600125447250651
+   },
+   {
+    "sym": "fxe",
+    "label": "Euro",
+    "beta": -0.03289345466104654,
+    "t": -7.43513325825094
+   },
+   {
+    "sym": "gld",
+    "label": "Gold",
+    "beta": 0.010335544923485457,
+    "t": 4.6821274173683465
+   }
+  ],
+  "alpha_ann": 0.019434047018155307,
+  "alpha_t": 3.339738602782719,
+  "r2": 0.14533027958195488,
+  "adj_r2": 0.14462262508357515,
+  "tracking_err_ann": 0.025421613566359646,
+  "fund_ann_return": 0.02816589029687043,
+  "dw": 1.962370565847655,
+  "weights_sum": 0.1394932312781166,
+  "rolling": {
+   "window": 252,
+   "drift": {
+    "x0": 0.2647558304142975,
+    "x1": 0.12336675263361316,
+    "x2": 0.1503415802741684,
+    "x3": 0.062042137475788454
+   },
+   "max_drift": 0.2647558304142975,
+   "n_windows": 219
+  },
+  "verdict": "not a static sleeve mix \u2014 returns driven by active decisions",
   "recent": {
    "fund": "eagmx",
    "start": "2021-01-05",
@@ -1299,38 +1408,38 @@
     {
      "sym": "ief",
      "label": "US intermediate treasuries (7-10 yr)",
-     "beta": -0.08612900590965679,
-     "t": -7.775770337985069
+     "beta": -0.08584494619380106,
+     "t": -7.760430041526917
     },
     {
      "sym": "vweax",
      "label": "high-yield corporate",
-     "beta": 0.09714053153148342,
-     "t": 6.2437458560353
+     "beta": 0.09895733450894054,
+     "t": 6.3794087439033405
     },
     {
      "sym": "fxy",
      "label": "Japanese Yen",
-     "beta": 0.029519557759761714,
-     "t": 3.7673950023045486
+     "beta": 0.027162142673230097,
+     "t": 3.467903803568033
     }
    ],
-   "alpha_ann": 0.055900808564439394,
-   "alpha_t": 5.20066580035999,
-   "r2": 0.05095371708568386,
-   "adj_r2": 0.048934469675227854,
-   "tracking_err_ann": 0.02533976434093521,
-   "fund_ann_return": 0.058946455973364384,
-   "dw": 1.837466450766458,
-   "weights_sum": 0.04053108338158834,
+   "alpha_ann": 0.025672260006706474,
+   "alpha_t": 2.3926054768160046,
+   "r2": 0.051193736807026546,
+   "adj_r2": 0.049175000076828734,
+   "tracking_err_ann": 0.025307740165345066,
+   "fund_ann_return": 0.027712066976003362,
+   "dw": 1.8511969677296585,
+   "weights_sum": 0.04027453098836957,
    "rolling": {
     "window": 252,
     "drift": {
-     "x0": 0.3492893563867785,
-     "x1": 0.20298329394851625,
-     "x2": 0.07174902615914276
+     "x0": 0.3589328503652043,
+     "x1": 0.19412226009744077,
+     "x2": 0.07688233298512344
     },
-    "max_drift": 0.3492893563867785,
+    "max_drift": 0.3589328503652043,
     "n_windows": 56
    },
    "verdict": "not a static sleeve mix \u2014 returns driven by active decisions"
diff --git a/fundlab/decompose_results_rawalpha.json b/fundlab/decompose_results_rawalpha.json
new file mode 100644
index 0000000..e0cf166
--- /dev/null
+++ b/fundlab/decompose_results_rawalpha.json
@@ -0,0 +1,1340 @@
+{
+ "atesx": {
+  "fund": "atesx",
+  "start": "2016-09-07",
+  "end": "2026-08-21",
+  "n_obs": 2503,
+  "components": [
+   {
+    "sym": "qqq",
+    "label": "Nasdaq 100",
+    "beta": 0.45556908855154976,
+    "t": 21.168384781367326
+   },
+   {
+    "sym": "ivv",
+    "label": "S&P 500",
+    "beta": -0.23830733177169833,
+    "t": -8.880615083435835
+   }
+  ],
+  "alpha_ann": 0.026346531979070175,
+  "alpha_t": 0.9293227873648724,
+  "r2": 0.3450047574870089,
+  "adj_r2": 0.34448076129299854,
+  "tracking_err_ann": 0.08913637737874539,
+  "fund_ann_return": 0.0858412132654425,
+  "dw": 2.2341043107825733,
+  "weights_sum": 0.21726175677985143,
+  "rolling": {
+   "window": 252,
+   "drift": {
+    "x0": 0.27669921266438996,
+    "x1": 0.848102513519347
+   },
+   "max_drift": 0.848102513519347,
+   "n_windows": 108
+  },
+  "verdict": "not a static sleeve mix \u2014 returns driven by active decisions",
+  "recent": {
+   "fund": "atesx",
+   "start": "2021-01-05",
+   "end": "2026-08-21",
+   "n_obs": 1414,
+   "components": [
+    {
+     "sym": "qqq",
+     "label": "Nasdaq 100",
+     "beta": 0.44616170327416194,
+     "t": 14.149678424413535
+    },
+    {
+     "sym": "ivv",
+     "label": "S&P 500",
+     "beta": -0.22538567937254084,
+     "t": -5.264409165765193
+    }
+   ],
+   "alpha_ann": 0.0055503014317009975,
+   "alpha_t": 0.1484113857382209,
+   "r2": 0.3610309574164604,
+   "adj_r2": 0.36012526068707196,
+   "tracking_err_ann": 0.08832002153748113,
+   "fund_ann_return": 0.05033812888713632,
+   "dw": 2.1534721910947656,
+   "weights_sum": 0.2207760239016211,
+   "rolling": {
+    "window": 252,
+    "drift": {
+     "x0": 0.2848956566742419,
+     "x1": 0.8185826141529595
+    },
+    "max_drift": 0.8185826141529595,
+    "n_windows": 56
+   },
+   "verdict": "not a static sleeve mix \u2014 returns driven by active decisions"
+  },
+  "note": "Holdings (May 2026): QQQ 65% + SPY 29% + MMF 0.6%, with 4.9% 'other assets in excess of liabilities' \u2014 an options overlay. But the rolling beta to those SAME holdings stays 0.13\u20130.89 (median 0.30, never above 1): the 'risk managed' in the name is real \u2014 a systematic equity de-risking overlay. Decomposition: one TACTICAL US-equity sleeve, not a static mix."
+ },
+ "atrfx": {
+  "fund": "atrfx",
+  "start": "2014-08-04",
+  "end": "2026-08-21",
+  "n_obs": 3030,
+  "components": [
+   {
+    "sym": "ivv",
+    "label": "S&P 500",
+    "beta": 0.19562032232528356,
+    "t": 11.729655094756636
+   },
+   {
+    "sym": "vicbx",
+    "label": "intermediate-term corporate bond",
+    "beta": 1.2393291638674306,
+    "t": 6.561747110208925
+   },
+   {
+    "sym": "ief",
+    "label": "US intermediate treasuries (7-10 yr)",
+    "beta": -0.5478003004605062,
+    "t": -5.661209653417961
+   },
+   {
+    "sym": "vstbx",
+    "label": "short-term corporate bond",
+    "beta": -1.0095528723812663,
+    "t": -3.2405021184626386
+   }
+  ],
+  "alpha_ann": 0.026673637645486293,
+  "alpha_t": 0.6555619809844426,
+  "r2": 0.10182834965198462,
+  "adj_r2": 0.10064068465978881,
+  "tracking_err_ann": 0.13999308469624303,
+  "fund_ann_return": 0.06002154419716573,
+  "dw": 1.9501017065798456,
+  "weights_sum": -0.12240368664905843,
+  "rolling": {
+   "window": 252,
+   "drift": {
+    "x0": 0.9561739344457876,
+    "x1": 0.8851118294710612,
+    "x2": 1.6558653570574795,
+    "x3": 1.3496745692775076
+   },
+   "max_drift": 1.6558653570574795,
+   "n_windows": 133
+  },
+  "verdict": "not a static sleeve mix \u2014 returns driven by active decisions",
+  "recent": {
+   "fund": "atrfx",
+   "start": "2021-01-05",
+   "end": "2026-08-21",
+   "n_obs": 1414,
+   "components": [
+    {
+     "sym": "ivv",
+     "label": "S&P 500",
+     "beta": 0.41897124333609137,
+     "t": 14.248528357545942
+    },
+    {
+     "sym": "shv",
+     "label": "US short-term treasuries",
+     "beta": -7.305355576774472,
+     "t": -4.903013063951641
+    },
+    {
+     "sym": "vweax",
+     "label": "high-yield corporate",
+     "beta": 0.42005732490633185,
+     "t": 3.997263415922683
+    }
+   ],
+   "alpha_ann": 0.2243721369422037,
+   "alpha_t": 2.8094259011461844,
+   "r2": 0.21865529238383408,
+   "adj_r2": 0.21699285683571456,
+   "tracking_err_ann": 0.15588237414909037,
+   "fund_ann_return": 0.08494859854904573,
+   "dw": 1.9902727126144717,
+   "weights_sum": -6.466327008532049,
+   "rolling": {
+    "window": 252,
+    "drift": {
+     "x0": 0.8466015103540322,
+     "x1": 0.5239705908149238,
+     "x2": 0.5882002201443478
+    },
+    "max_drift": 0.8466015103540322,
+    "n_windows": 56
+   },
+   "verdict": "not a static sleeve mix \u2014 returns driven by active decisions"
+  },
+  "note": "Systematic alpha over short-duration IG credit + cash. Returns are dominated by idiosyncratic credit/derivatives P&L (R\u00b2 \u2264 0.22 vs bond sleeves) and the best-fit weights are knife-edge. Read as: cash-like carry + systematic alpha, no meaningful static sleeve."
+ },
+ "cvsix": {
+  "fund": "cvsix",
+  "start": "1990-09-04",
+  "end": "2026-08-21",
+  "n_obs": 9057,
+  "components": [],
+  "alpha_ann": 0.05494737178055986,
+  "alpha_t": 6.693203697489781,
+  "r2": 3.3306690738754696e-15,
+  "adj_r2": 3.4416913763379853e-15,
+  "tracking_err_ann": 0.04921311085638685,
+  "fund_ann_return": 0.054947371780559855,
+  "dw": 2.201070204327631,
+  "weights_sum": 0.0,
+  "verdict": "no component explains returns (market neutral or cash-like)  [strategy evolved \u2014 5y R\u00b2 = 0.74]",
+  "recent": {
+   "fund": "cvsix",
+   "start": "2021-01-05",
+   "end": "2026-08-21",
+   "n_obs": 1414,
+   "components": [
+    {
+     "sym": "ivv",
+     "label": "S&P 500",
+     "beta": 0.14337409425906908,
+     "t": 23.56952105733188
+    },
+    {
+     "sym": "vweax",
+     "label": "high-yield corporate",
+     "beta": 0.055353843180348514,
+     "t": 4.856854249459811
+    },
+    {
+     "sym": "ive",
+     "label": "S&P 500 Value",
+     "beta": 0.025427867003656124,
+     "t": 3.6082323626617847
+    }
+   ],
+   "alpha_ann": 0.018963344604106105,
+   "alpha_t": 2.625529185806505,
+   "r2": 0.7365622841041414,
+   "adj_r2": 0.7360017783256396,
+   "tracking_err_ann": 0.017045091698141286,
+   "fund_ann_return": 0.04743113695845717,
+   "dw": 2.4362438569399654,
+   "weights_sum": 0.2241558044430737,
+   "rolling": {
+    "window": 252,
+    "drift": {
+     "x0": 0.16656102001355494,
+     "x1": 0.09765665332386918,
+     "x2": 0.11331311792968189
+    },
+    "max_drift": 0.16656102001355494,
+    "n_windows": 56
+   },
+   "verdict": "partially explainable \u2014 material active/timing residual"
+  },
+  "note": "Market neutral (long US equity, short credit). Full sample (since 1990) is unexplainable \u2014 the strategy has changed over 36 years; the last 5 years show a small net equity/credit tilt (ivv +0.14, vweax +0.06) explaining 74%. The rest is spread/option alpha (full-sample annualized alpha +5.5%, t=6.7)."
+ },
+ "jlpsx": {
+  "fund": "jlpsx",
+  "start": "2005-11-02",
+  "end": "2026-08-24",
+  "n_obs": 5233,
+  "components": [
+   {
+    "sym": "ivv",
+    "label": "S&P 500",
+    "beta": 1.0437558832956155,
+    "t": 162.56889184909045
+   }
+  ],
+  "alpha_ann": 0.011050486799195222,
+  "alpha_t": 0.5691336721993374,
+  "r2": 0.8347738874968654,
+  "adj_r2": 0.8347423015453259,
+  "tracking_err_ann": 0.08838608033412072,
+  "fund_ann_return": 0.14222655212102187,
+  "dw": 2.8431265199678273,
+  "weights_sum": 1.0437558832956155,
+  "rolling": {
+   "window": 252,
+   "drift": {
+    "x0": 0.0438981065572047
+   },
+   "max_drift": 0.0438981065572047,
+   "n_windows": 238
+  },
+  "verdict": "partially explainable \u2014 material active/timing residual",
+  "recent": {
+   "fund": "jlpsx",
+   "start": "2021-01-05",
+   "end": "2026-08-24",
+   "n_obs": 1415,
+   "components": [
+    {
+     "sym": "ivv",
+     "label": "S&P 500",
+     "beta": 1.034383539393894,
+     "t": 91.67948652777572
+    },
+    {
+     "sym": "ijt",
+     "label": "S&P Small-Cap 600 Growth",
+     "beta": -0.029869184923710934,
+     "t": -3.6565866275389944
+    },
+    {
+     "sym": "vwo",
+     "label": "emerging markets stock",
+     "beta": 0.024879403995978433,
+     "t": 3.325899423592402
+    }
+   ],
+   "alpha_ann": -0.0029851840422737987,
+   "alpha_t": -0.19449233213311515,
+   "r2": 0.9561755665716403,
+   "adj_r2": 0.9560823891795176,
+   "tracking_err_ann": 0.0362318939737439,
+   "fund_ann_return": 0.15826248266783624,
+   "dw": 2.2564400244536875,
+   "weights_sum": 1.0293937584661617,
+   "rolling": {
+    "window": 252,
+    "drift": {
+     "x0": 0.029887310344874126,
+     "x1": 0.1450970324235002,
+     "x2": 0.09661012864484575
+    },
+    "max_drift": 0.1450970324235002,
+    "n_windows": 56
+   },
+   "verdict": "static sleeve mix (weights stable, ~fully explained)"
+  },
+  "note": "US large-cap core plus: essentially 1.04x the S&P 500 (R\u00b2 0.96 over 5y, stable). The 'plus' is small optionality (tiny ijt/vwo tilts in the 5y fit). The cleanest fund on the list."
+ },
+ "pmaix": {
+  "fund": "pmaix",
+  "start": "2011-12-23",
+  "end": "2026-08-21",
+  "n_obs": 3685,
+  "components": [
+   {
+    "sym": "efa",
+    "label": "developed markets (ex-US, MSCI)",
+    "beta": 0.2344874843476855,
+    "t": 30.602178496272092
+   },
+   {
+    "sym": "vweax",
+    "label": "high-yield corporate",
+    "beta": 0.6192246204138075,
+    "t": 37.00150032703783
+   },
+   {
+    "sym": "djp",
+    "label": "Dow Jones-UBS Commodity Index",
+    "beta": 0.04740991451070612,
+    "t": 10.82367809724191
+   },
+   {
+    "sym": "agg",
+    "label": "US aggregate bond",
+    "beta": -0.15148499144323813,
+    "t": -10.175119663083366
+   },
+   {
+    "sym": "ivv",
+    "label": "S&P 500",
+    "beta": -0.050460193217015836,
+    "t": -6.080317182282203
+   },
+   {
+    "sym": "vnq",
+    "label": "US real estate (REITs)",
+    "beta": 0.023020899742284634,
+    "t": 4.40169223227429
+   }
+  ],
+  "alpha_ann": 0.035437156651329446,
+  "alpha_t": 3.3490804145584185,
+  "r2": 0.679121578877175,
+  "adj_r2": 0.6785981230515259,
+  "tracking_err_ann": 0.040264984588024334,
+  "fund_ann_return": 0.08546192744916578,
+  "dw": 2.088102202855144,
+  "weights_sum": 0.7221977343542297,
+  "rolling": {
+   "window": 252,
+   "drift": {
+    "x0": 0.20577309247165354,
+    "x1": 0.18907744513443525,
+    "x2": 0.158769877923333,
+    "x3": 0.4541512565652454,
+    "x4": 0.3837359243950157,
+    "x5": 0.165791799569151
+   },
+   "max_drift": 0.4541512565652454,
+   "n_windows": 164
+  },
+  "verdict": "partially explainable \u2014 material active/timing residual",
+  "recent": {
+   "fund": "pmaix",
+   "start": "2021-01-05",
+   "end": "2026-08-21",
+   "n_obs": 1414,
+   "components": [
+    {
+     "sym": "efa",
+     "label": "developed markets (ex-US, MSCI)",
+     "beta": 0.2449954218314655,
+     "t": 19.03579186143622
+    },
+    {
+     "sym": "vweax",
+     "label": "high-yield corporate",
+     "beta": 0.5344327280136246,
+     "t": 16.011005736881103
+    },
+    {
+     "sym": "djp",
+     "label": "Dow Jones-UBS Commodity Index",
+     "beta": 0.06919531081867039,
+     "t": 10.653443293821173
+    },
+    {
+     "sym": "agg",
+     "label": "US aggregate bond",
+     "beta": -0.1934942270463675,
+     "t": -8.131663840261679
+    },
+    {
+     "sym": "vnq",
+     "label": "US real estate (REITs)",
+     "beta": 0.066420197792225,
+     "t": 7.199106958431038
+    },
+    {
+     "sym": "ivv",
+     "label": "S&P 500",
+     "beta": -0.08454175511501988,
+     "t": -6.445665952633282
+    }
+   ],
+   "alpha_ann": 0.05220162671812971,
+   "alpha_t": 2.7522346782393368,
+   "r2": 0.6089406987814124,
+   "adj_r2": 0.6072730684990304,
+   "tracking_err_ann": 0.04465476548081441,
+   "fund_ann_return": 0.10594922784805459,
+   "dw": 1.935004996999197,
+   "weights_sum": 0.637007676294598,
+   "rolling": {
+    "window": 252,
+    "drift": {
+     "x0": 0.16713565476068823,
+     "x1": 0.26061370415899987,
+     "x2": 0.08726856185338772,
+     "x3": 0.16461642759479633,
+     "x4": 0.13071922650272086,
+     "x5": 0.21414714053386924
+    },
+    "max_drift": 0.26061370415899987,
+    "n_windows": 56
+   },
+   "verdict": "partially explainable \u2014 material active/timing residual"
+  },
+  "note": "Global multi-asset fund of funds (N-PORT: 99.5% in unaffiliated underlying funds/loans). Returns decompose into high-yield credit (vweax +0.62), intl equity (efa +0.23), commodities (+0.05), bonds (\u22120.15): R\u00b2 0.68, stable weights, alpha +3.5%/yr (t=3.3). The sleeves show through the underlying funds."
+ },
+ "pmorx": {
+  "fund": "pmorx",
+  "start": "2019-07-01",
+  "end": "2026-08-24",
+  "n_obs": 1797,
+  "components": [
+   {
+    "sym": "vweax",
+    "label": "high-yield corporate",
+    "beta": 0.31388720384359853,
+    "t": 14.18893920835988
+   }
+  ],
+  "alpha_ann": 0.029332925492427733,
+  "alpha_t": 1.4357260819167152,
+  "r2": 0.10084825638507544,
+  "adj_r2": 0.10034733619364655,
+  "tracking_err_ann": 0.054457753005862385,
+  "fund_ann_return": 0.04399267904999808,
+  "dw": 2.051284316393219,
+  "weights_sum": 0.31388720384359853,
+  "rolling": {
+   "window": 252,
+   "drift": {
+    "x0": 0.7331280914924483
+   },
+   "max_drift": 0.7331280914924483,
+   "n_windows": 74
+  },
+  "verdict": "not a static sleeve mix \u2014 returns driven by active decisions",
+  "recent": {
+   "fund": "pmorx",
+   "start": "2021-01-05",
+   "end": "2026-08-24",
+   "n_obs": 1415,
+   "components": [
+    {
+     "sym": "vweax",
+     "label": "high-yield corporate",
+     "beta": 0.04168035087416321,
+     "t": 2.2063240080677304
+    },
+    {
+     "sym": "ief",
+     "label": "US intermediate treasuries (7-10 yr)",
+     "beta": -0.3867098615283498,
+     "t": -10.37474630140078
+    },
+    {
+     "sym": "vmbix",
+     "label": "mortgage-backed securities",
+     "beta": 0.31402590773539685,
+     "t": 9.161419056733536
+    },
+    {
+     "sym": "tlt",
+     "label": "US long-term treasuries (20+ yr)",
+     "beta": 0.06735987458994033,
+     "t": 5.549320204906601
+    }
+   ],
+   "alpha_ann": 0.0527292589505514,
+   "alpha_t": 4.2909358903055885,
+   "r2": 0.08657628999415645,
+   "adj_r2": 0.08398501705796968,
+   "tracking_err_ann": 0.028979898356966537,
+   "fund_ann_return": 0.05695447285684168,
+   "dw": 2.2442433975515654,
+   "weights_sum": 0.0363562716711506,
+   "rolling": {
+    "window": 252,
+    "drift": {
+     "x0": 0.21698400351224853,
+     "x1": 0.4064266430323177,
+     "x2": 0.3680865071797071,
+     "x3": 0.09762048759677722
+    },
+    "max_drift": 0.4064266430323177,
+    "n_windows": 56
+   },
+   "verdict": "not a static sleeve mix \u2014 returns driven by active decisions"
+  },
+  "note": "Long/short mortgage & ABS \u2014 returns mostly idiosyncratic (R\u00b2 0.10). 5y direction is long MBS (vmbix +0.31) / short intermediate rates (ief \u22120.39), consistent with a carry/relative-value mortgage strategy. Not a static sleeve."
+ },
+ "qspnx": {
+  "fund": "qspnx",
+  "start": "2013-10-31",
+  "end": "2026-08-21",
+  "n_obs": 3220,
+  "components": [
+   {
+    "sym": "ivw",
+    "label": "S&P 500 Growth",
+    "beta": -0.08192299528316607,
+    "t": -4.0260419229419835
+   },
+   {
+    "sym": "ive",
+    "label": "S&P 500 Value",
+    "beta": 0.2609710931386727,
+    "t": 9.495012993507824
+   },
+   {
+    "sym": "iwm",
+    "label": "US small cap",
+    "beta": -0.7033008999688797,
+    "t": -14.398386309918285
+   },
+   {
+    "sym": "ijt",
+    "label": "S&P Small-Cap 600 Growth",
+    "beta": 0.3751139296366351,
+    "t": 8.722604382154021
+   },
+   {
+    "sym": "ijs",
+    "label": "S&P Small-Cap 600 Value",
+    "beta": 0.1845783441822273,
+    "t": 6.386825106301779
+   },
+   {
+    "sym": "shv",
+    "label": "US short-term treasuries",
+    "beta": -2.754459031292181,
+    "t": -3.8820894019208985
+   }
+  ],
+  "alpha_ann": 0.12818487124441533,
+  "alpha_t": 3.9840661559835087,
+  "r2": 0.1134410104537722,
+  "adj_r2": 0.11178543811101538,
+  "tracking_err_ann": 0.10508112594918419,
+  "fund_ann_return": 0.08091865655856706,
+  "dw": 1.8961660779849816,
+  "weights_sum": -2.7190195595866915,
+  "rolling": {
+   "window": 252,
+   "drift": {
+    "x0": 0.8863354304694652,
+    "x1": 0.8607703018245606,
+    "x2": 0.40949478429698954,
+    "x3": 0.3889681450569688,
+    "x4": 0.9937533641149741,
+    "x5": 1.4461092192565497
+   },
+   "max_drift": 1.4461092192565497,
+   "n_windows": 142
+  },
+  "verdict": "not a static sleeve mix \u2014 returns driven by active decisions",
+  "recent": {
+   "fund": "qspnx",
+   "start": "2021-01-05",
+   "end": "2026-08-21",
+   "n_obs": 1414,
+   "components": [
+    {
+     "sym": "ivw",
+     "label": "S&P 500 Growth",
+     "beta": -0.06943941702935164,
+     "t": -2.2675960385991307
+    },
+    {
+     "sym": "ive",
+     "label": "S&P 500 Value",
+     "beta": 0.21375136440801723,
+     "t": 4.0635176755747535
+    },
+    {
+     "sym": "iwm",
+     "label": "US small cap",
+     "beta": -0.6189777356607347,
+     "t": -11.154913059718409
+    },
+    {
+     "sym": "ijs",
+     "label": "S&P Small-Cap 600 Value",
+     "beta": 0.48890809639467814,
+     "t": 8.976960770542815
+    },
+    {
+     "sym": "shv",
+     "label": "US short-term treasuries",
+     "beta": -6.202064838851471,
+     "t": -5.221795262354262
+    }
+   ],
+   "alpha_ann": 0.37899676888646366,
+   "alpha_t": 5.884228223888841,
+   "r2": 0.17907422272719475,
+   "adj_r2": 0.17615900334767476,
+   "tracking_err_ann": 0.1258743914848915,
+   "fund_ann_return": 0.20378567372709033,
+   "dw": 1.8476027480671517,
+   "weights_sum": -6.1878225307388615,
+   "rolling": {
+    "window": 252,
+    "drift": {
+     "x0": 0.4695949092898872,
+     "x1": 0.8640997084339416,
+     "x2": 0.6037347855639,
+     "x3": 0.7978620842217455,
+     "x4": 0.6116773035053029
+    },
+    "max_drift": 0.8640997084339416,
+    "n_windows": 56
+   },
+   "verdict": "not a static sleeve mix \u2014 returns driven by active decisions"
+  },
+  "note": "Market-neutral style premia: no static sleeve explains returns (R\u00b2 0.18 5y). Alpha vs a cash-like benchmark: +12.8%/yr full sample (t=4.0). Decomposition = pure factor harvesting (value/size/style tilts in both books); the 'exposures' in the table are residuals, not sleeves."
+ },
+ "svarx": {
+  "fund": "svarx",
+  "start": "2013-12-18",
+  "end": "2026-08-21",
+  "n_obs": 3187,
+  "components": [
+   {
+    "sym": "efa",
+    "label": "developed markets (ex-US, MSCI)",
+    "beta": 0.06942890671894897,
+    "t": 18.07601188807692
+   },
+   {
+    "sym": "agg",
+    "label": "US aggregate bond",
+    "beta": 0.10001905582875992,
+    "t": 7.751274664401302
+   }
+  ],
+  "alpha_ann": 0.05206713295886885,
+  "alpha_t": 5.103917116288613,
+  "r2": 0.12071609207684797,
+  "adj_r2": 0.12016377806433343,
+  "tracking_err_ann": 0.03623399351955989,
+  "fund_ann_return": 0.06016511606656689,
+  "dw": 2.1930328695290275,
+  "weights_sum": 0.16944796254770889,
+  "rolling": {
+   "window": 252,
+   "drift": {
+    "x0": 0.1373472721585143,
+    "x1": 0.2623420377551537
+   },
+   "max_drift": 0.2623420377551537,
+   "n_windows": 140
+  },
+  "verdict": "not a static sleeve mix \u2014 returns driven by active decisions",
+  "recent": {
+   "fund": "svarx",
+   "start": "2021-01-05",
+   "end": "2026-08-21",
+   "n_obs": 1414,
+   "components": [
+    {
+     "sym": "agg",
+     "label": "US aggregate bond",
+     "beta": 0.16482774305146136,
+     "t": 13.530158875689205
+    },
+    {
+     "sym": "efa",
+     "label": "developed markets (ex-US, MSCI)",
+     "beta": 0.05272328376723269,
+     "t": 11.974320936849248
+    }
+   ],
+   "alpha_ann": 0.02851487058619257,
+   "alpha_t": 2.6098427381219285,
+   "r2": 0.24198871761674323,
+   "adj_r2": 0.24091428631641254,
+   "tracking_err_ann": 0.02582591212260749,
+   "fund_ann_return": 0.03414405706979862,
+   "dw": 2.027102891716548,
+   "weights_sum": 0.21755102681869404,
+   "rolling": {
+    "window": 252,
+    "drift": {
+     "x0": 0.21771692656768357,
+     "x1": 0.06046195722494479
+    },
+    "max_drift": 0.21771692656768357,
+    "n_windows": 56
+   },
+   "verdict": "not a static sleeve mix \u2014 returns driven by active decisions"
+  },
+  "note": "Low-volatility equity fund of funds. Small but positive net market (efa +0.07, agg +0.10; R\u00b2 0.24, low drift). The edge is in volatility selection, not the mix: +5.2%/yr alpha over that small sleeve (t=5.1)."
+ },
+ "cosix": {
+  "fund": "cosix",
+  "start": "1990-01-03",
+  "end": "2026-08-21",
+  "n_obs": 9226,
+  "components": [],
+  "alpha_ann": 0.058717525483004025,
+  "alpha_t": 8.97921782878531,
+  "r2": 3.3306690738754696e-16,
+  "adj_r2": 4.440892098500626e-16,
+  "tracking_err_ann": 0.039565089695926974,
+  "fund_ann_return": 0.05871752548300402,
+  "dw": 1.7589309508798752,
+  "weights_sum": 0.0,
+  "verdict": "no component explains returns (market neutral or cash-like)  [strategy evolved \u2014 5y R\u00b2 = 0.86]",
+  "recent": {
+   "fund": "cosix",
+   "start": "2021-01-05",
+   "end": "2026-08-21",
+   "n_obs": 1414,
+   "components": [
+    {
+     "sym": "vmbix",
+     "label": "mortgage-backed securities",
+     "beta": 0.288460763166248,
+     "t": 12.452945480339036
+    },
+    {
+     "sym": "vweax",
+     "label": "high-yield corporate",
+     "beta": 0.29933745310561866,
+     "t": 28.620403943860424
+    },
+    {
+     "sym": "agg",
+     "label": "US aggregate bond",
+     "beta": 0.1773268606937985,
+     "t": 5.111860730207353
+    },
+    {
+     "sym": "tlt",
+     "label": "US long-term treasuries (20+ yr)",
+     "beta": 0.023873312991125495,
+     "t": 3.2290450844819194
+    }
+   ],
+   "alpha_ann": 0.010013564293547298,
+   "alpha_t": 1.4857644255260904,
+   "r2": 0.8602970091640032,
+   "adj_r2": 0.8599004073447385,
+   "tracking_err_ann": 0.015882120791285648,
+   "fund_ann_return": 0.021278965202663088,
+   "dw": 2.102412506087817,
+   "weights_sum": 0.7889983899567907,
+   "rolling": {
+    "window": 252,
+    "drift": {
+     "x0": 0.42276301035369823,
+     "x1": 0.24123352544971702,
+     "x2": 0.7930957664509884,
+     "x3": 0.2024940055906148
+    },
+    "max_drift": 0.7930957664509884,
+    "n_windows": 56
+   },
+   "verdict": "mostly stable sleeve mix"
+  },
+  "note": "Strategic income across the credit spectrum. Full sample (since 1990) unexplainable \u2014 vintage; the last 5 years are the honest current mix: high-yield +0.30, MBS +0.29, IG core +0.18 (R\u00b2 0.86)."
+ },
+ "mbxix": {
+  "fund": "mbxix",
+  "start": "2015-12-29",
+  "end": "2026-08-21",
+  "n_obs": 2677,
+  "components": [
+   {
+    "sym": "ivv",
+    "label": "S&P 500",
+    "beta": 0.39245838142956163,
+    "t": 20.072399939088108
+   },
+   {
+    "sym": "ief",
+    "label": "US intermediate treasuries (7-10 yr)",
+    "beta": -0.6691512098665768,
+    "t": -9.960156247284127
+   },
+   {
+    "sym": "fxe",
+    "label": "Euro",
+    "beta": -0.28134567186258985,
+    "t": -9.853324593642872
+   },
+   {
+    "sym": "djp",
+    "label": "Dow Jones-UBS Commodity Index",
+    "beta": 0.08330432021118495,
+    "t": 7.670473267330599
+   },
+   {
+    "sym": "tlt",
+    "label": "US long-term treasuries (20+ yr)",
+    "beta": 0.17450273619844878,
+    "t": 5.921229335495926
+   },
+   {
+    "sym": "efa",
+    "label": "developed markets (ex-US, MSCI)",
+    "beta": 0.10847192647358558,
+    "t": 5.004925817589
+   }
+  ],
+  "alpha_ann": 0.024820519135557266,
+  "alpha_t": 0.8961816713889841,
+  "r2": 0.5321084883020772,
+  "adj_r2": 0.531057046702756,
+  "tracking_err_ann": 0.0899358494603154,
+  "fund_ann_return": 0.09479368792724513,
+  "dw": 1.9290049781910437,
+  "weights_sum": -0.19175951741638578,
+  "rolling": {
+   "window": 252,
+   "drift": {
+    "x0": 0.2670019959185202,
+    "x1": 0.7612945161886517,
+    "x2": 0.5685135801904753,
+    "x3": 0.25349794378898627,
+    "x4": 0.42287402866416995,
+    "x5": 0.5520356165472149
+   },
+   "max_drift": 0.7612945161886517,
+   "n_windows": 116
+  },
+  "verdict": "not a static sleeve mix \u2014 returns driven by active decisions",
+  "recent": {
+   "fund": "mbxix",
+   "start": "2021-01-05",
+   "end": "2026-08-21",
+   "n_obs": 1414,
+   "components": [
+    {
+     "sym": "ivv",
+     "label": "S&P 500",
+     "beta": 0.4102633005758794,
+     "t": 24.341611835442336
+    },
+    {
+     "sym": "ief",
+     "label": "US intermediate treasuries (7-10 yr)",
+     "beta": -0.7200822566052334,
+     "t": -9.045916015900026
+    },
+    {
+     "sym": "djp",
+     "label": "Dow Jones-UBS Commodity Index",
+     "beta": 0.10085813682120615,
+     "t": 7.96335478113521
+    },
+    {
+     "sym": "fxe",
+     "label": "Euro",
+     "beta": -0.1852046053656746,
+     "t": -5.387240877525066
+    },
+    {
+     "sym": "tlt",
+     "label": "US long-term treasuries (20+ yr)",
+     "beta": 0.1371607922006066,
+     "t": 3.7298157820718036
+    },
+    {
+     "sym": "vweax",
+     "label": "high-yield corporate",
+     "beta": -0.2190781037842444,
+     "t": -3.4498633589251306
+    }
+   ],
+   "alpha_ann": 0.026755231746647828,
+   "alpha_t": 0.7260542397794253,
+   "r2": 0.4427937324584458,
+   "adj_r2": 0.4404175863282046,
+   "tracking_err_ann": 0.08668088600277926,
+   "fund_ann_return": 0.10072573524358285,
+   "dw": 1.8935415103077673,
+   "weights_sum": -0.4760827361574602,
+   "rolling": {
+    "window": 252,
+    "drift": {
+     "x0": 0.19181939552220412,
+     "x1": 0.3354105640246233,
+     "x2": 0.2047082089271779,
+     "x3": 0.5337763768544731,
+     "x4": 0.31529704059151686,
+     "x5": 1.158363172487587
+    },
+    "max_drift": 1.158363172487587,
+    "n_windows": 56
+   },
+   "verdict": "not a static sleeve mix \u2014 returns driven by active decisions"
+  },
+  "note": "Multi-strategy hedge fund: 53% explained over a decade (ivv +0.39, ief \u22120.67, fxe \u22120.28, tlt +0.17, djp +0.08) \u2014 equity long, duration short, FX/commodity tilts, large active residual. Caveat: newest N-PORT on file is Sep 2024 \u2014 the fund may have changed strategy or stopped filing."
+ },
+ "eagmx": {
+  "fund": "eagmx",
+  "start": "1997-11-03",
+  "end": "2026-08-21",
+  "n_obs": 7244,
+  "components": [],
+  "alpha_ann": 0.050824482110222884,
+  "alpha_t": 8.039707312489185,
+  "r2": -1.1102230246251565e-15,
+  "adj_r2": -1.1102230246251565e-15,
+  "tracking_err_ann": 0.033891570631519576,
+  "fund_ann_return": 0.0508244821102229,
+  "dw": 1.9385563443482812,
+  "weights_sum": 0.0,
+  "verdict": "no component explains returns (market neutral or cash-like)",
+  "recent": {
+   "fund": "eagmx",
+   "start": "2021-01-05",
+   "end": "2026-08-21",
+   "n_obs": 1414,
+   "components": [
+    {
+     "sym": "ief",
+     "label": "US intermediate treasuries (7-10 yr)",
+     "beta": -0.08612900590965679,
+     "t": -7.775770337985069
+    },
+    {
+     "sym": "vweax",
+     "label": "high-yield corporate",
+     "beta": 0.09714053153148342,
+     "t": 6.2437458560353
+    },
+    {
+     "sym": "fxy",
+     "label": "Japanese Yen",
+     "beta": 0.029519557759761714,
+     "t": 3.7673950023045486
+    }
+   ],
+   "alpha_ann": 0.055900808564439394,
+   "alpha_t": 5.20066580035999,
+   "r2": 0.05095371708568386,
+   "adj_r2": 0.048934469675227854,
+   "tracking_err_ann": 0.02533976434093521,
+   "fund_ann_return": 0.058946455973364384,
+   "dw": 1.837466450766458,
+   "weights_sum": 0.04053108338158834,
+   "rolling": {
+    "window": 252,
+    "drift": {
+     "x0": 0.3492893563867785,
+     "x1": 0.20298329394851625,
+     "x2": 0.07174902615914276
+    },
+    "max_drift": 0.3492893563867785,
+    "n_windows": 56
+   },
+   "verdict": "not a static sleeve mix \u2014 returns driven by active decisions"
+  },
+  "note": "Global macro (sovereign-centric): nothing explains returns in the full or 5y window (R\u00b2 \u2264 0.05) \u2014 textbook macro, positions are tactical and asset-agnostic. The whole story is +5.1%/yr (t=8.0) over a flat benchmark."
+ },
+ "lcorx": {
+  "fund": "lcorx",
+  "error": "no return history in the data set",
+  "verdict": "no return history",
+  "start": "1990-01-01",
+  "recent": {
+   "fund": "lcorx",
+   "error": "no return history in the data set",
+   "verdict": "no return history",
+   "start": "2021-01-01"
+  },
+  "note": "NEW share classes (trading since Jul 2026) \u2014 no return history to regress. Holdings (Dec 2025 N-PORT): 91.7% ETFs + 8.4% money market; the strategy is Leuthold core multi-asset via ETFs. Re-run the decomposition after a year of NAV accumulates."
+ },
+ "lamhx": {
+  "fund": "lamhx",
+  "start": "2015-07-01",
+  "end": "2026-08-24",
+  "n_obs": 2803,
+  "components": [
+   {
+    "sym": "ivv",
+    "label": "S&P 500",
+    "beta": 0.5924375150630279,
+    "t": 47.111831514579826
+   },
+   {
+    "sym": "ive",
+    "label": "S&P 500 Value",
+    "beta": 0.287611197385718,
+    "t": 24.519604228970984
+   },
+   {
+    "sym": "ijk",
+    "label": "S&P Mid-Cap 400 Growth",
+    "beta": 0.21615100882604454,
+    "t": 16.024470374704247
+   },
+   {
+    "sym": "iwm",
+    "label": "US small cap",
+    "beta": -0.23713306806264878,
+    "t": -15.301969229049684
+   },
+   {
+    "sym": "ijt",
+    "label": "S&P Small-Cap 600 Growth",
+    "beta": 0.08182509699723003,
+    "t": 5.251050388316936
+   },
+   {
+    "sym": "shv",
+    "label": "US short-term treasuries",
+    "beta": 0.8402716605552001,
+    "t": 3.371728168166483
+   }
+  ],
+  "alpha_ann": -0.013142415064292253,
+  "alpha_t": -1.100272198008015,
+  "r2": 0.9538473658830551,
+  "adj_r2": 0.9537483258956797,
+  "tracking_err_ann": 0.03577603601650824,
+  "fund_ann_return": 0.13631999009039603,
+  "dw": 2.1773606534393157,
+  "weights_sum": 1.781163410764572,
+  "rolling": {
+   "window": 252,
+   "drift": {
+    "x0": 0.1728242094144316,
+    "x1": 0.34751423069844256,
+    "x2": 0.2577728950590679,
+    "x3": 0.44186860937361244,
+    "x4": 0.3668810220684854,
+    "x5": 1.6462023135541486
+   },
+   "max_drift": 1.6462023135541486,
+   "n_windows": 122
+  },
+  "verdict": "mostly stable sleeve mix with drifting weights",
+  "recent": {
+   "fund": "lamhx",
+   "start": "2021-01-05",
+   "end": "2026-08-24",
+   "n_obs": 1415,
+   "components": [
+    {
+     "sym": "ivv",
+     "label": "S&P 500",
+     "beta": 0.6193099922725518,
+     "t": 40.4949370126514
+    },
+    {
+     "sym": "ive",
+     "label": "S&P 500 Value",
+     "beta": 0.26293261022523196,
+     "t": 16.74318387082312
+    },
+    {
+     "sym": "ijk",
+     "label": "S&P Mid-Cap 400 Growth",
+     "beta": 0.19701675392247014,
+     "t": 12.023321527643459
+    },
+    {
+     "sym": "iwm",
+     "label": "US small cap",
+     "beta": -0.14148284702566433,
+     "t": -10.876289620460732
+    }
+   ],
+   "alpha_ann": -0.0024165247422386882,
+   "alpha_t": -0.15995398884720494,
+   "r2": 0.9442029093804821,
+   "adj_r2": 0.9440446197617034,
+   "tracking_err_ann": 0.03562317439718008,
+   "fund_ann_return": 0.13829292090048273,
+   "dw": 2.098803191816331,
+   "weights_sum": 0.9377765093945896,
+   "rolling": {
+    "window": 252,
+    "drift": {
+     "x0": 0.09305182386862508,
+     "x1": 0.32077302560627446,
+     "x2": 0.2546046400945276,
+     "x3": 0.2629175684280181
+    },
+    "max_drift": 0.32077302560627446,
+    "n_windows": 56
+   },
+   "verdict": "mostly stable sleeve mix"
+  },
+  "note": "Dividend growth: R\u00b2 0.95; S&P 500 + value/mid tilt (ivv +0.62, ive +0.26, ijk +0.20, iwm \u22120.14 over 5y), stable weights. Closest to a passive fund with an overlay on this list."
+ },
+ "pmfkx": {
+  "fund": "pmfkx",
+  "start": "2011-12-23",
+  "end": "2026-08-21",
+  "n_obs": 3685,
+  "components": [
+   {
+    "sym": "efa",
+    "label": "developed markets (ex-US, MSCI)",
+    "beta": 0.2344874843476855,
+    "t": 30.602178496272092
+   },
+   {
+    "sym": "vweax",
+    "label": "high-yield corporate",
+    "beta": 0.6192246204138075,
+    "t": 37.00150032703783
+   },
+   {
+    "sym": "djp",
+    "label": "Dow Jones-UBS Commodity Index",
+    "beta": 0.04740991451070612,
+    "t": 10.82367809724191
+   },
+   {
+    "sym": "agg",
+    "label": "US aggregate bond",
+    "beta": -0.15148499144323813,
+    "t": -10.175119663083366
+   },
+   {
+    "sym": "ivv",
+    "label": "S&P 500",
+    "beta": -0.050460193217015836,
+    "t": -6.080317182282203
+   },
+   {
+    "sym": "vnq",
+    "label": "US real estate (REITs)",
+    "beta": 0.023020899742284634,
+    "t": 4.40169223227429
+   }
+  ],
+  "alpha_ann": 0.035437156651329446,
+  "alpha_t": 3.3490804145584185,
+  "r2": 0.679121578877175,
+  "adj_r2": 0.6785981230515259,
+  "tracking_err_ann": 0.040264984588024334,
+  "fund_ann_return": 0.08546192744916578,
+  "dw": 2.088102202855144,
+  "weights_sum": 0.7221977343542297,
+  "rolling": {
+   "window": 252,
+   "drift": {
+    "x0": 0.20577309247165354,
+    "x1": 0.18907744513443525,
+    "x2": 0.158769877923333,
+    "x3": 0.4541512565652454,
+    "x4": 0.3837359243950157,
+    "x5": 0.165791799569151
+   },
+   "max_drift": 0.4541512565652454,
+   "n_windows": 164
+  },
+  "verdict": "partially explainable \u2014 material active/timing residual",
+  "recent": {
+   "fund": "pmaix",
+   "start": "2021-01-05",
+   "end": "2026-08-21",
+   "n_obs": 1414,
+   "components": [
+    {
+     "sym": "efa",
+     "label": "developed markets (ex-US, MSCI)",
+     "beta": 0.2449954218314655,
+     "t": 19.03579186143622
+    },
+    {
+     "sym": "vweax",
+     "label": "high-yield corporate",
+     "beta": 0.5344327280136246,
+     "t": 16.011005736881103
+    },
+    {
+     "sym": "djp",
+     "label": "Dow Jones-UBS Commodity Index",
+     "beta": 0.06919531081867039,
+     "t": 10.653443293821173
+    },
+    {
+     "sym": "agg",
+     "label": "US aggregate bond",
+     "beta": -0.1934942270463675,
+     "t": -8.131663840261679
+    },
+    {
+     "sym": "vnq",
+     "label": "US real estate (REITs)",
+     "beta": 0.066420197792225,
+     "t": 7.199106958431038
+    },
+    {
+     "sym": "ivv",
+     "label": "S&P 500",
+     "beta": -0.08454175511501988,
+     "t": -6.445665952633282
+    }
+   ],
+   "alpha_ann": 0.05220162671812971,
+   "alpha_t": 2.7522346782393368,
+   "r2": 0.6089406987814124,
+   "adj_r2": 0.6072730684990304,
+   "tracking_err_ann": 0.04465476548081441,
+   "fund_ann_return": 0.10594922784805459,
+   "dw": 1.935004996999197,
+   "weights_sum": 0.637007676294598,
+   "rolling": {
+    "window": 252,
+    "drift": {
+     "x0": 0.16713565476068823,
+     "x1": 0.26061370415899987,
+     "x2": 0.08726856185338772,
+     "x3": 0.16461642759479633,
+     "x4": 0.13071922650272086,
+     "x5": 0.21414714053386924
+    },
+    "max_drift": 0.26061370415899987,
+    "n_windows": 56
+   },
+   "verdict": "partially explainable \u2014 material active/timing residual"
+  },
+  "note": "share class of pmaix \u2014 identical report. Global multi-asset fund of funds (N-PORT: 99.5% in unaffiliated underlying funds/loans). Returns decompose into high-yield credit (vweax +0.62), intl equity (efa +0.23), commodities (+0.05), bonds (\u22120.15): R\u00b2 0.68, stable weights, alpha +3.5%/yr (t=3.3). The sleeves show through the underlying funds."
+ },
+ "lcrix": {
+  "fund": "lcrix",
+  "error": "no return history in the data set",
+  "verdict": "no return history",
+  "start": "1990-01-01",
+  "recent": {
+   "fund": "lcorx",
+   "error": "no return history in the data set",
+   "verdict": "no return history",
+   "start": "2021-01-01"
+  },
+  "note": "share class of lcorx \u2014 identical report. NEW share classes (trading since Jul 2026) \u2014 no return history to regress. Holdings (Dec 2025 N-PORT): 91.7% ETFs + 8.4% money market; the strategy is Leuthold core multi-asset via ETFs. Re-run the decomposition after a year of NAV accumulates."
+ },
+ "egrsx": {
+  "fund": "egrsx",
+  "start": "1997-11-03",
+  "end": "2026-08-21",
+  "n_obs": 7244,
+  "components": [],
+  "alpha_ann": 0.050824482110222884,
+  "alpha_t": 8.039707312489185,
+  "r2": -1.1102230246251565e-15,
+  "adj_r2": -1.1102230246251565e-15,
+  "tracking_err_ann": 0.033891570631519576,
+  "fund_ann_return": 0.0508244821102229,
+  "dw": 1.9385563443482812,
+  "weights_sum": 0.0,
+  "verdict": "no component explains returns (market neutral or cash-like)",
+  "recent": {
+   "fund": "eagmx",
+   "start": "2021-01-05",
+   "end": "2026-08-21",
+   "n_obs": 1414,
+   "components": [
+    {
+     "sym": "ief",
+     "label": "US intermediate treasuries (7-10 yr)",
+     "beta": -0.08612900590965679,
+     "t": -7.775770337985069
+    },
+    {
+     "sym": "vweax",
+     "label": "high-yield corporate",
+     "beta": 0.09714053153148342,
+     "t": 6.2437458560353
+    },
+    {
+     "sym": "fxy",
+     "label": "Japanese Yen",
+     "beta": 0.029519557759761714,
+     "t": 3.7673950023045486
+    }
+   ],
+   "alpha_ann": 0.055900808564439394,
+   "alpha_t": 5.20066580035999,
+   "r2": 0.05095371708568386,
+   "adj_r2": 0.048934469675227854,
+   "tracking_err_ann": 0.02533976434093521,
+   "fund_ann_return": 0.058946455973364384,
+   "dw": 1.837466450766458,
+   "weights_sum": 0.04053108338158834,
+   "rolling": {
+    "window": 252,
+    "drift": {
+     "x0": 0.3492893563867785,
+     "x1": 0.20298329394851625,
+     "x2": 0.07174902615914276
+    },
+    "max_drift": 0.3492893563867785,
+    "n_windows": 56
+   },
+   "verdict": "not a static sleeve mix \u2014 returns driven by active decisions"
+  },
+  "note": "share class of eagmx \u2014 identical report. Global macro (sovereign-centric): nothing explains returns in the full or 5y window (R\u00b2 \u2264 0.05) \u2014 textbook macro, positions are tactical and asset-agnostic. The whole story is +5.1%/yr (t=8.0) over a flat benchmark."
+ }
+}
\ No newline at end of file
diff --git a/fundlab/factor_results.json b/fundlab/factor_results.json
index 360cd75..bef1a88 100644
--- a/fundlab/factor_results.json
+++ b/fundlab/factor_results.json
@@ -1 +1 @@
-{"aaaax": {"name": "DWS RREEF Real Assets Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.07958238285829788, "ivv": -0.1247750479018963, "iwm": -0.010241115659328975, "efa": 0.15899658099339192, "vwo": 0.021785338853160537, "vnq": 0.2523639701177066, "bil": -0.153745486328305, "shv": 0.467579521352176, "ief": 0.11669371735580582, "tlt": -0.0058246965842165335, "vblix": 0.030881106971640798, "agg": -0.15885476279043473, "vweax": 0.11993221377807352, "vmbix": 0.06792426758397489, "djp": 0.10894396863566405, "gsg": 0.002935291206550514, "gld": 0.029250439611191646, "fxe": 0.10476503686750896, "fxy": 0.028227008964157214, "shy": -0.0845391143494837, "lqd": -0.00961444547866189, "hyg": -0.0556739761380306, "pff": 0.022770393140722434, "emb": -0.03576723158952295, "tip": 0.14063468715413452, "vtv": -0.03925632716951512, "xlk": -0.01777632105019844, "xlf": 0.022273551595587297, "xle": 0.07681535495278724, "xlv": 0.027636500998825735, "xlp": -0.0014874010126191557, "xlu": 0.11824923698174822, "xly": -0.018737701565249003, "xlb": 0.07700184586915801, "dbmf": 0.05622181421068094, "dbb": 0.020118070145838093}, "r2": 0.9467802856867034, "alpha_ann": -0.02596282330629838, "alpha_t": -1.7193525593779133}, "rec5": {"n": 1416, "betas": {"qqq": 0.044533420035773985, "ivv": -0.13182775988709444, "iwm": -0.011410548368261043, "efa": 0.14969711773342542, "vwo": 0.029030890344148543, "vnq": 0.27336257659193053, "bil": 0.38945549815756836, "shv": -0.1801020841867499, "ief": 0.004605417881621411, "tlt": -0.04003082532092708, "vblix": -0.0689586345115128, "agg": 0.1779455446077021, "vweax": 0.13790425301657544, "vmbix": 0.03762475701359117, "djp": 0.11448732432557884, "gsg": -0.008600825355517065, "gld": 0.034751623804208175, "fxe": 0.09106774438996168, "fxy": 0.027266759976405788, "shy": -0.13298300330763127, "lqd": -0.05419429732427524, "hyg": -0.08334812783617683, "pff": 0.0031749556202262785, "emb": -0.03396121871098817, "tip": 0.15292524388396922, "vtv": -0.05299402930057725, "xlk": 0.011625983533329845, "xlf": 0.05632946164813898, "xle": 0.09559825949082268, "xlv": 0.014650369054489886, "xlp": 0.001990933418172934, "xlu": 0.12625865929504484, "xly": -0.017822737127282072, "xlb": 0.06890398917923397, "dbmf": 0.04482241738382314, "dbb": 0.021752184575361953}, "r2": 0.936176356800071, "alpha_ann": -0.03644375219669072, "alpha_t": -2.129597794147521}, "corr_portfolio": 0.3663413480361542, "corr_benchmark": 0.5865351836854442, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.021031804620376248, "alpha_t_5y": -1.2934097161520801, "alpha_t_full": -1.4746284211063236, "r2_5y": 0.8979534437752364, "alpha_pos_frac": 0.5201793721973094}, "aaaox": {"name": "ONE CHOICE BLEND+ IN RETIREMENT PORTFOLIO", "local": false, "alpha_name": false, "full": {"n": 1370, "betas": {"qqq": 0.031895144983224225, "ivv": 0.1332564984825769, "iwm": 0.04885761056430111, "efa": 0.08027216464133854, "vwo": 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"sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.006332214268573715, "alpha_t_5y": 1.2496155181288413, "alpha_t_full": 1.4344616257786449, "r2_5y": 0.9570101524079032, "alpha_pos_frac": 0.4921875}, "bbhlx": {"name": "BBH Partner Fund - International Equity", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.12793100516972689, "ivv": 0.17404211911264525, "iwm": 0.06366060831818364, "efa": 0.717943995724353, "vwo": 0.048648666410820364, "vnq": 0.006849016888606326, "bil": -0.11282408640383788, "shv": 0.9761661178090155, "ief": 0.004083953111307909, "tlt": 0.01155825642833839, "vblix": 0.022828740851219605, "agg": 0.10932822196235692, "vweax": 0.347092618161021, "vmbix": -0.03799570346100017, "djp": -0.00434729501975755, "gsg": 0.01865289453056577, "gld": -0.0038417050138046752, "fxe": 0.04072756056388738, "fxy": -0.022498502164587247, "shy": -0.18250737152459218, "lqd": -0.02785674166064176, "hyg": -0.07169673993513463, "pff": 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"CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_ann_5y": 0.0004979936668935363, "alpha_t_5y": 0.044312819725945994, "alpha_t_full": 6.674427751130632, "r2_5y": 0.35866898030479233, "alpha_pos_frac": 0.5371024734982333}, "cfnlx": {"name": "The National Tax-Free Intermediate Bond Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.014733992712246954, "ivv": 0.007063865299413356, "iwm": -0.006464597460618096, "efa": -0.028020082463487136, "vwo": 0.01036240072924757, "vnq": 0.019210122771498923, "bil": -0.046831790803084444, "shv": 0.25915203146928134, "ief": 0.07398813743513999, "tlt": 0.005434253118100689, "vblix": 0.19975635289546148, "agg": 0.11726043874748189, "vweax": 0.16377749459831392, "vmbix": -0.025579991257015953, "djp": 0.001224950041409472, "gsg": -0.005805448276765822, "gld": 0.0028001258567449693, "fxe": 0.018248309039765962, "fxy": 0.01888891558664484, "shy": -0.08618837518897757, "lqd": 0.05736149070476297, "hyg": 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alpha-driven", "alpha_ann_5y": 0.0077336860392392855, "alpha_t_5y": 0.2696254713225273, "alpha_t_full": -0.5038136059809218, "r2_5y": 0.8620292199967541, "alpha_pos_frac": 0.5027027027027027}, "fsazx": {"name": "Fidelity Arizona Municipal Income Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.0180484471059575, "ivv": -0.0004639674825209288, "iwm": -0.006203346106546468, "efa": -0.028666415615957917, "vwo": 0.010888580435318918, "vnq": 0.022768575824745847, "bil": -0.041294115821427405, "shv": 0.3354540130919907, "ief": 0.03598473506530464, "tlt": 0.009236812581240164, "vblix": 0.2252353290938589, "agg": 0.14003623482731858, "vweax": 0.18592441729342363, "vmbix": -0.024142130803031847, "djp": -0.002341313770289588, "gsg": -0.0022323350479560426, "gld": 0.004245040600833194, "fxe": 0.017551410457148083, "fxy": 0.024442042749356067, "shy": -0.1119783152108284, "lqd": 0.08206076459982312, "hyg": -0.03369158825969511, "pff": 0.02689916441433797, "emb": 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0.018704523871567375, "xlf": 0.010351433862333547, "xle": -5.876940425840309e-07, "xlv": 0.016402058193234682, "xlp": -0.006916379259777132, "xlu": 0.010313426781428778, "xly": -0.02019833941199738, "xlb": -0.0017920444924141646, "dbmf": 0.006415789720186367, "dbb": 0.009838723345278619}, "r2": 0.9111830625456941, "alpha_ann": 0.0025069084041810614, "alpha_t": 0.09131005693992496}, "corr_portfolio": 0.2900881363272262, "corr_benchmark": 0.5704821694855188, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.008367447051959723, "alpha_t_5y": -0.4031770098130114, "alpha_t_full": -0.1667184557927305, "r2_5y": 0.9097734067759947, "alpha_pos_frac": 0.5188679245283019}, "lpvax": {"name": "BlackRock LifePath Dynamic 2055 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.11125855916428035, "ivv": 0.10591803053546252, "iwm": 0.09047219985540111, "efa": 0.1983709176147853, "vwo": 0.037514414060078494, "vnq": 0.03571814086557446, "shv": 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idiosyncratic alpha, complements portfolio", "alpha_ann_5y": 0.02230574048438336, "alpha_t_5y": 2.570447332198512, "alpha_t_full": 2.1024169493998635, "r2_5y": 0.3681394333651793, "alpha_pos_frac": 0.5121951219512195}, "lrscx": {"name": "Small-Cap Value Series", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.11600947850620946, "ivv": -0.1358461537233346, "iwm": 0.7180813467806919, "efa": -0.00016606806121766503, "vwo": -0.027486606546296758, "vnq": 0.04400410231035971, "bil": -0.40868689887631476, "shv": -0.0045392075878066315, "ief": -0.11993029801864806, "tlt": -0.0028506879777638414, "vblix": -0.1143791777875717, "agg": 0.2272806914384259, "vweax": 0.07100493541295357, "vmbix": -0.1806906910112084, "djp": 0.013514983797725545, "gsg": -0.014892140973955416, "gld": -0.03019855911299124, "fxe": 0.017478549405462868, "fxy": -0.019587792799785706, "shy": 0.3143193244575852, "lqd": -0.03939770268447988, "hyg": -0.07003770365758127, "pff": 0.09377999789474901, 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"CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_ann_5y": 0.025993963193924725, "alpha_t_5y": 3.7000414338474026, "alpha_t_full": 7.399698315381568, "r2_5y": 0.7783536643345931, "alpha_pos_frac": 0.5025641025641026}, "masgx": {"name": "MATTHEWS EMERGING MARKETS SUSTAINABLE FUTURE FUND", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.04264640526855788, "ivv": 0.22507313173801477, "iwm": 0.06726703764527954, "efa": -0.04740274187518126, "vwo": 0.8551204069754855, "vnq": -0.044940862744917175, "bil": -2.0193168654145426, "shv": 0.7697045908225205, "ief": 0.1486379739662455, "tlt": 0.1182456126938206, "vblix": 0.17615309238624366, "agg": -0.334843997061636, "vweax": 0.3049215217967056, "vmbix": -0.07007813657393619, "djp": -0.05375857286014033, "gsg": 0.006239377967612168, "gld": 0.0017896840120945401, "fxe": 0.08699844468839953, "fxy": 0.03479142571256682, "shy": 0.09945962062722156, "lqd": -0.11788753039526774, "hyg": -0.018646234385312745, 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Rowe Price Emerging Markets Local Currency Bond Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.02490730472316968, "ivv": -0.0075575807156029245, "iwm": 0.01990488634920893, "efa": 0.061198507550083256, "vwo": 0.11752692272591427, "vnq": 0.0003086904877987748, "shv": 0.002436873443261252, "ief": 0.003266956462307104, "tlt": 0.017420137160206857, "vblix": 0.08736622923425695, "agg": -0.06597660135344569, "vweax": 0.1893148518909604, "vmbix": 0.009180296549736096, "djp": 0.024150626794945423, "gsg": -0.025708271836519005, "gld": 0.015627080381902258, "fxe": 0.2284025832809866, "fxy": 0.07679469079967695, "shy": -0.002204482931001679, "lqd": -0.053110254875447654, "hyg": 0.02202133675245928, "pff": 0.01654098944528764, "emb": 0.10774914446134545, "tip": 0.010463790904828001, "vtv": -0.013698329652793655, "xlk": -0.0234059210223289, "xlf": -0.008795425299076001, "xle": -0.00792773798328355, "xlv": -0.005330115629916063, "xlp": -0.039339637911404955, "xlu": 0.013271925881504618, "xly": -0.006442990999939931, "xlb": 0.03591589725132538, "dbmf": -0.03192210036755906, "dbb": 0.02973306193021864}, "r2": 0.580833306450546, "alpha_ann": -0.004994805237532948, "alpha_t": -0.21360319349848383}, "rec5": {"n": 1416, "betas": {"qqq": -0.029198817008498395, "ivv": -0.005225840546279951, "iwm": 0.0034058469497399205, "efa": 0.09155039489510342, "vwo": 0.12186356832313351, "vnq": 0.002575087091761976, "shv": 0.0011733699883537854, "ief": 0.002756728356834496, "tlt": -0.009425468979128245, "vblix": 0.08344773879215762, "agg": 0.004589552374573551, "vweax": 0.1377327027859872, "vmbix": 0.01491139070514989, "djp": 0.019995574082613272, "gsg": -0.020927739579444625, "gld": 0.019003440736275672, "fxe": 0.18089736381651633, "fxy": 0.055875170081935106, "shy": -0.0015686532000706787, "lqd": 0.0010411780796617425, "hyg": -0.00798424523944185, "pff": 0.021455248867942235, "emb": 0.09686341629063895, "tip": 0.003382321528982683, "vtv": -0.004874295692878935, "xlk": -0.008176549104983786, "xlf": -0.0021869243890388786, "xle": -0.01423939442117889, "xlv": -0.012412355012451056, "xlp": -0.005433583030753901, "xlu": 0.004376853818051255, "xly": -0.011411454835139438, "xlb": 0.022677699742390207, "dbmf": -0.01191713712174648, "dbb": 0.02403227506106403}, "r2": 0.615136418409231, "alpha_ann": -0.019300834874572577, "alpha_t": -0.8058526041458101}, "corr_portfolio": 0.2515849240133518, "corr_benchmark": 0.35012801992808307, "verdict": "weak/unstable alpha", "alpha_ann_5y": -0.007414413265222142, "alpha_t_5y": -0.3730812994788119, "alpha_t_full": -1.0326220142853437, "r2_5y": 0.6408072437290246, "alpha_pos_frac": 0.536723163841808}, "paffx": {"name": "T. Rowe Price Target 2045 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.027012295191802344, "ivv": 0.41757489363487926, "iwm": 0.11073892352201707, "efa": 0.16906810205652414, "vwo": 0.041030063829775955, "vnq": 0.019709732753321337, "bil": -1.0083766335497213, "shv": 0.9125880528094668, "ief": 0.31560029174312865, "tlt": 0.17670839979246783, "vblix": -0.20338351137436358, "agg": -1.1501754251509024, "vweax": 0.16640612983179198, "vmbix": 0.18582436863184063, "djp": -0.001518817663651744, "gsg": 0.0026857595480780446, "gld": 0.019180759596984967, "fxe": 0.042471246156433315, "fxy": 0.003175821440465765, "shy": 0.2887330729936529, "lqd": -0.02105714475119442, "hyg": 0.08037974373772307, "pff": -0.004643401804660249, "emb": 0.09151456765180299, "tip": -0.014244677329777166, "vtv": -0.10081603829170219, "xlk": -0.028815358147498034, "xlf": -0.02121437752552279, "xle": 0.01646340053512299, "xlv": 0.028701008601127995, "xlp": -0.08028401681857898, "xlu": 0.009778161498854156, "xly": 0.02659173384198416, "xlb": 0.06280592500676731, "dbmf": -0.008152563099871883, "dbb": -0.0023962037000967336}, "r2": 0.9271969880774079, "alpha_ann": 0.0038145849480378797, "alpha_t": 0.19917003024822771}, "rec5": {"n": 1416, "betas": {"qqq": 0.06311785614009077, "ivv": 0.3600114187971273, "iwm": 0.08776984821177584, "efa": 0.1735469202057154, "vwo": 0.07284098605118551, "vnq": 0.021194379533794883, "bil": -0.07194845359601601, "shv": 0.5836557979474297, "ief": 0.02733412729625443, "tlt": 0.023249925874816682, "vblix": 0.07879002502888414, "agg": -0.06813996907870638, "vweax": 0.05865166210353883, "vmbix": 0.0597882481546931, "djp": -0.007350178857789356, "gsg": 0.0066465253802104095, "gld": 0.013655840505175394, "fxe": 0.013694462271440475, "fxy": -0.016381594424768924, "shy": -0.07474821566214038, "lqd": 0.026552471692158026, "hyg": -0.008640690142088582, "pff": -0.022003964503545623, "emb": -0.005186407598311915, "tip": 0.004952482890500276, "vtv": -0.008483370093489428, "xlk": -0.0035557431755671265, "xlf": 0.00518820179681748, "xle": 0.007549856199360158, "xlv": 0.015292189335701619, "xlp": -0.0026478898795528785, "xlu": -0.004050395759921457, "xly": -0.009069605163108979, "xlb": 0.02856947645761004, "dbmf": 0.004826231849182714, "dbb": -0.0019244115523622402}, "r2": 0.9699625531527439, "alpha_ann": -0.0295966086159089, "alpha_t": -2.260833588013114}, "corr_portfolio": 0.1920931357420296, "corr_benchmark": 0.4106407436212837, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.01227340014217768, "alpha_t_5y": -1.2180134429300506, "alpha_t_full": 1.7785902722084501, "r2_5y": 0.9684745783194038, "alpha_pos_frac": 0.06}, "pafmx": {"name": "Putnam Retirement Advantage 2045 Fund", "local": true, "alpha_name": false, "full": {"n": 1668, "betas": {"qqq": 0.06717485208908189, "ivv": 0.46802514229144704, "iwm": 0.06492173647860688, "efa": 0.127265000644745, "vwo": 0.04693933632161828, "vnq": -0.011827468265791105, "bil": 0.6353092735415725, "shv": 0.006357454319594472, "ief": 0.08328277976568693, "tlt": 0.010895420211646517, "vblix": 0.013903558618847008, "agg": 0.025374582267929692, "vweax": 0.12394459247950515, "vmbix": -0.07968503698126955, "djp": -0.005956475570344332, "gsg": 0.011828882174604463, "gld": -0.004677014556043218, "fxe": 0.01952651214884393, "fxy": 0.010544632191361139, "shy": 0.06315859564894348, "lqd": 0.022542639293936392, "hyg": -0.020630365795456997, "pff": -4.908276444814914e-05, "emb": -0.015411360683398129, "tip": 0.0007440432732387568, "vtv": -0.007652490982022077, "xlk": -0.008371160864995484, "xlf": 0.026615457605609048, "xle": -0.00014132950011778978, "xlv": 0.004275104797402429, "xlp": -0.027368336324974707, "xlu": -0.00215183678671545, "xly": -0.007421123083106426, "xlb": 0.004947516441885673, "dbmf": 0.010453199142368953, "dbb": 0.0035648484396333044}, "r2": 0.9641360345188164, "alpha_ann": -0.011896212313526168, "alpha_t": -0.8106078379602951}, "rec5": {"n": 1416, "betas": {"qqq": 0.09709170399951411, "ivv": 0.44937063807244726, "iwm": 0.05776125142870209, "efa": 0.1274178301985776, "vwo": 0.049228085477777093, "vnq": -0.015021669771765028, "bil": 0.8909385566910554, "shv": -0.16014313435303731, "ief": 0.1366091273390695, "tlt": 0.0035442370612303545, "vblix": 0.04528665595536311, "agg": -0.09033177331522092, "vweax": 0.08492424944097055, "vmbix": 0.04118435238305991, "djp": -0.01245700823909045, "gsg": 0.01830108244900847, "gld": -5.829046620204123e-05, "fxe": 0.014547412071047441, "fxy": -0.0047532300041333245, "shy": 0.027104775035781598, "lqd": -0.0004930887061486822, "hyg": -0.07622697074112167, "pff": 0.016877104738682102, "emb": 0.0059766926209937395, "tip": -0.015058357288743822, "vtv": 0.004376243314844609, "xlk": -0.016366762390658103, "xlf": 0.03165233512856386, "xle": 0.000652000949415568, "xlv": 0.00883186970724557, "xlp": -0.023564041692925614, "xlu": -0.006111978385931136, "xly": -0.013042725137194393, "xlb": 0.012472566204650017, "dbmf": 0.0032830208877420025, "dbb": 0.003165716972997182}, "r2": 0.9634340506078479, "alpha_ann": -0.015055505932889547, "alpha_t": -1.0635143353599745}, "corr_portfolio": 0.2552308453591416, "corr_benchmark": 0.684143261006678, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.010225650145875264, "alpha_t_5y": 0.9303034691694104, "alpha_t_full": 0.8398405256207017, "r2_5y": 0.9608264248558164, "alpha_pos_frac": 0.5}, "pajrx": {"name": "T. Rowe Price Target 2025 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.0009417041147112698, "ivv": 0.23977352625300394, "iwm": 0.05680069704974225, "efa": 0.07996003253638771, "vwo": 0.029791408116675255, "vnq": 0.017020113230416904, "bil": -0.5057961363076574, "shv": 0.2929383621728387, "ief": 0.2597502486745356, "tlt": 0.08711244554647164, "vblix": -0.09831258844884432, "agg": -0.7104003592096612, "vweax": 0.14616151940016694, "vmbix": 0.17240299112035204, "djp": 0.002802483025871835, "gsg": 0.00012513973453572315, "gld": 0.009657234752519048, "fxe": 0.01324329385241794, "fxy": 0.014946658662528322, "shy": 0.17251007529281948, "lqd": -0.018318178433647844, "hyg": 0.08879060597672916, "pff": 0.0005150535859634164, "emb": 0.0814592577845197, "tip": 0.04538035980025822, "vtv": -0.05701653889833749, "xlk": -0.015602730819643846, "xlf": -0.012761130962106761, "xle": 0.01797674912405791, "xlv": 0.024728104235155517, "xlp": -0.040436507096823546, "xlu": 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1416, "betas": {"qqq": -0.010898081382482928, "ivv": -0.03684129692473471, "iwm": -0.00042910075819199933, "efa": 0.005440220451255727, "vwo": 0.011606842423791872, "vnq": 0.0279930299066637, "bil": -0.021747071608016203, "shv": 0.6601296714627742, "ief": 0.03826506212395484, "tlt": 0.015982485782245294, "vblix": 0.060936715104078214, "agg": 0.18297361530649275, "vweax": 0.27540590206921095, "vmbix": 0.09435416070693117, "djp": -0.008914311320451174, "gsg": 0.00864326394178612, "gld": 0.0035548823629215297, "fxe": 0.00565268028901031, "fxy": 0.008481715268507864, "shy": -0.24134429194487336, "lqd": -0.038126609018254626, "hyg": -0.06861996969448662, "pff": 0.01964999348708051, "emb": -0.038287638981966875, "tip": -0.05714534732794432, "vtv": 0.02149689651217043, "xlk": 0.011345507995303485, "xlf": -0.022602582406214974, "xle": -0.007201805382225481, "xlv": -0.005310674860199867, "xlp": 0.007507729374895356, "xlu": 0.0057028698928712545, "xly": 0.009512001467347167, "xlb": 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-0.07592958937745582, "alpha_t_5y": -2.430858259430634, "alpha_t_full": -1.6373228279957797, "r2_5y": 0.819037750390796, "alpha_pos_frac": 0.53125}, "parmx": {"name": "Parnassus Mid Cap Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.01868132932534794, "ivv": -0.021400906047583122, "iwm": 0.18629297760226335, "efa": -0.009447344990556755, "vwo": 0.01066063185127373, "vnq": 0.12350130306250216, "bil": -1.3586467770795014, "shv": 1.4494183369270608, "ief": 0.03810260204685667, "tlt": 0.09492878599008484, "vblix": 0.13249447946518128, "agg": 0.008137332850424209, "vweax": -0.05222115529878621, "vmbix": -0.09665873564068311, "djp": -0.0690803491484408, "gsg": 0.055121809848049944, "gld": -0.001514960862700968, "fxe": -0.00742696572554142, "fxy": -0.01125619164213485, "shy": -0.04768477261277312, "lqd": -0.137867872638548, "hyg": 0.06659863793228711, "pff": 0.0686751918645097, "emb": -0.02651838917413997, "tip": -0.012714357434429769, "vtv": 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Rowe Price Target 2065 Fund", "local": false, "alpha_name": false, "full": {"n": 1469, "betas": {"qqq": 0.05017243492002854, "ivv": 0.4453563595170912, "iwm": 0.09143095457283393, "efa": 0.20512776123645007, "vwo": 0.08196917791651157, "vnq": 0.019619980567922534, "bil": 0.027909304923343568, "shv": 0.460762229843782, "ief": 0.027805279114553567, "tlt": 0.020073515116669285, "vblix": 0.09448112809969528, "agg": -0.10717557222179543, "vweax": 0.039557097348511636, "vmbix": 0.04312376683919368, "djp": -0.013093485457548786, "gsg": 0.010559105609239103, "gld": 0.0181218391635885, "fxe": 0.006016556412197915, "fxy": -0.014954068405575383, "shy": -0.046245075212373705, "lqd": 0.025335339227506807, "hyg": -0.0020642080802892953, "pff": -0.026524061853000082, "emb": -0.017708562425722496, "tip": 0.005096265341901662, "vtv": 0.017799246871805563, "xlk": -0.00450359566010766, "xlf": -0.0033500281314084524, "xle": 0.005052664311314827, "xlv": 0.008379693127898942, "xlp": -0.012430128746305516, 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not alpha-driven", "alpha_ann_5y": 0.006793787554806139, "alpha_t_5y": 0.6457535508190279, "alpha_t_full": 0.754847667460761, "r2_5y": 0.9574098716233309, "alpha_pos_frac": 0.4864864864864865}, "pbbbx": {"name": "PIA BBB Bond Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.019254974592381287, "ivv": 0.08952946851892091, "iwm": 0.0036155425007437757, "efa": -0.014015507546588738, "vwo": -0.002821078998766464, "vnq": -0.0025001068460179317, "bil": -0.014945474459515714, "shv": -0.0052105258699259435, "ief": 0.31842809501009606, "tlt": 0.1250213814824951, "vblix": 0.4784912620645136, "agg": 0.06409192454296682, "vweax": 0.20274254493280075, "vmbix": -0.03010910825413417, "djp": -0.003650038288218423, "gsg": 0.006181015797123224, "gld": 0.002467466325118814, "fxe": 0.030587405876839096, "fxy": 0.013930765634862705, "shy": -0.11534851445263276, "lqd": 0.08031683994733697, "hyg": 0.02356465486211144, "pff": 0.01839707285407876, "emb": 0.04424454674712075, 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INCOME FUND", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.004519178204941639, "ivv": -0.012728957107240145, "iwm": -0.004216171463941813, "efa": -0.03111501972584522, "vwo": 0.013030191386399992, "vnq": 0.016767519122435987, "bil": -0.1319782770706021, "shv": 0.2553736087837076, "ief": 0.058369981583535194, "tlt": -0.002688649514010457, "vblix": 0.23540623293070323, "agg": 0.10308006755549544, "vweax": 0.18859453425218609, "vmbix": -0.09969704403456851, "djp": 0.003767982476242468, "gsg": -0.005942754420016921, "gld": -0.0011841747164644599, "fxe": 0.02437430696791882, "fxy": 0.022770412969776947, "shy": -0.14671229472085712, "lqd": 0.0659050025854377, "hyg": -0.026884544766913987, "pff": 0.02848110145639728, "emb": -0.04444452126251166, "tip": -0.01446486916011345, "vtv": 0.10090056053059134, "xlk": -0.0010320866924982627, "xlf": -0.04636951075425222, "xle": -0.011858881012359986, "xlv": -0.0126540699851472, "xlp": 0.005562303919107768, "xlu": 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Rowe Price Institutional Mid-Cap Equity Growth Fund", "local": true, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.0538798790270294, "ivv": 0.13401975493685606, "iwm": 0.3001012053074646, "efa": 0.01266477168528031, "vwo": 0.013126418019824396, "vnq": 0.03219066626143459, "bil": -0.006141373894832459, "shv": 0.288633668855042, "ief": -0.10099946589604805, "tlt": 0.046133508378255784, "vblix": 0.035482351638720995, "agg": 0.0012774386292552042, "vweax": 0.01510628893499053, "vmbix": -0.07456678288681219, "djp": -0.007741958693297781, "gsg": 0.012982927174483613, "gld": -0.0158395587812816, "fxe": 0.030999101868549074, "fxy": -0.02955100222470281, "shy": 0.22742560001629622, "lqd": 0.013711890373841922, "hyg": 0.034712376419800205, "pff": 0.06206586782083827, "emb": 0.006181436192038369, "tip": -0.031496705751702186, "vtv": -0.1665585278438418, "xlk": 0.08900953921673148, "xlf": 0.024826141430483718, "xle": -0.01234920462999003, "xlv": 0.18877627106788497, "xlp": -0.013488683808991772, "xlu": -0.004087973238376465, "xly": 0.12370480408189627, "xlb": 0.13933836038116013, "dbb": -0.009148357796804361}, "r2": 0.9289979563573635, "alpha_ann": -0.01675591320218811, "alpha_t": -1.2061543593317519}, "rec5": {"n": 1416, "betas": {"qqq": 0.30803805929152506, "ivv": -0.2800481355767718, "iwm": 0.28481673363830984, "efa": -0.010138492614608384, "vwo": 0.024414373816446337, "vnq": 0.08840151701709127, "bil": -0.09613928026526011, "shv": 0.7196230203549195, "ief": 0.2193214599221898, "tlt": 0.10367895416314096, "vblix": 0.2755430975976428, "agg": -0.5928674364054771, "vweax": -0.09864335978013207, "vmbix": -0.11066612929347697, "djp": -0.024606453687717612, "gsg": 0.03754572272665334, "gld": -0.03772481593467829, "fxe": 0.029706081621842476, "fxy": -0.039861359591966794, "shy": 0.4059045995611285, "lqd": -0.014213969491232364, "hyg": 0.1794986040940163, "pff": 0.044103944758407516, "emb": 0.017205113110732247, "tip": -0.027488321722495927, "vtv": -0.19663063461949928, "xlk": 0.09048972076633748, "xlf": 0.11470099571252562, "xle": -0.0047669539227545915, "xlv": 0.253946613727473, "xlp": 0.009232606720900881, "xlu": -0.00407157690155565, "xly": 0.07607746455329124, "xlb": 0.18609628367581693, "dbb": -0.018662403859835988}, "r2": 0.9139928221939578, "alpha_ann": -0.0678602516870618, "alpha_t": -2.210235621140844}, "corr_portfolio": 0.219901371065793, "corr_benchmark": 0.6100665472341495, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.06378550234423168, "alpha_t_5y": -2.422982260493029, "alpha_t_full": 1.1508365251609547, "r2_5y": 0.8878778546980858, "alpha_pos_frac": 0.5560344827586207}, "pmtgx": {"name": "PIA MBS Bond Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.0037451222157952966, "ivv": -0.028451941250694827, "iwm": 0.00789987922410762, "efa": 0.024719166178625015, "vwo": -0.006180134867520038, "vnq": 0.007307663034733918, "bil": -0.21439388009605256, "shv": 0.2945180235490276, "ief": 0.17873491693910173, "tlt": -0.03000801806541782, "vblix": 0.006475733508443407, "agg": 0.04308833583090212, "vweax": 0.05196596503104468, "vmbix": 0.7510835660762358, "djp": 0.0035734642746403315, "gsg": -0.004144835590420989, "gld": 0.0009347153894793666, "fxe": -0.011538193086384515, "fxy": -0.0025153332948846243, "shy": -0.0541340179620261, "lqd": 0.0033178328803845202, "hyg": -0.04222756572587516, "pff": 0.002572100569571766, "emb": 0.0052788091845896905, "tip": -0.037917569388117904, "vtv": -0.017860969750583256, "xlk": 0.005423746534249248, "xlf": 0.0022754308567397305, "xle": -0.000887251843358399, "xlv": 0.006156972873137406, "xlp": 0.00026251587657105045, "xlu": 0.005176119839596335, "xly": -5.000848674153232e-05, "xlb": 0.007496134167333758, "dbmf": -0.00837591885370773, "dbb": -0.0007425404708796628}, "r2": 0.8716782669112829, "alpha_ann": -0.0012967033527439282, "alpha_t": -0.14236218453900798}, "rec5": {"n": 1416, "betas": {"qqq": -0.008944265791542083, "ivv": -0.02034933324142879, "iwm": 0.01430788847957769, "efa": 0.028460947159518652, "vwo": -0.011147416550905781, "vnq": 0.01077633974557333, "bil": -0.6705016957327884, "shv": 0.8526524570747674, "ief": 0.15511099804722445, "tlt": -0.04212954134002314, "vblix": 0.07484191116252599, "agg": 0.37033547049146365, "vweax": 0.07950274550974723, "vmbix": 0.637417166632702, "djp": 0.008395665440097995, "gsg": -0.010509510137043356, "gld": -0.003049235794795087, "fxe": -0.005619571881829971, "fxy": -0.0022626001696356445, "shy": -0.17767202865748186, "lqd": -0.09714810619723967, "hyg": -0.07861837667473152, "pff": 0.009972240266874852, "emb": 0.014960007695780616, "tip": -0.03458763688814365, "vtv": -0.05308448711810039, "xlk": 0.007048003254200554, "xlf": 0.008915477216270182, "xle": 0.0035875933345325952, "xlv": 0.006293384746827846, "xlp": 0.00074195244140539, "xlu": 0.005091721311209256, "xly": 0.0003241804881198416, "xlb": 0.010788770577793566, "dbmf": -0.0032244773754294817, "dbb": 0.000416920120936248}, "r2": 0.8857850661578472, "alpha_ann": -0.0006586195853734194, "alpha_t": -0.05741426146412491}, "corr_portfolio": -0.10449523975284405, "corr_benchmark": 0.6266629240509172, "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_ann_5y": -0.09456741357390297, "alpha_t_5y": -3.0009644814547345, "alpha_t_full": -1.9213502965955647, "r2_5y": 0.8798217630430863, "alpha_pos_frac": 0.4823529411764706}, "pnbax": {"name": "Virtus NFJ Large-Cap Value Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.07814406597060947, "ivv": 0.05437759316740133, "iwm": 0.0793351650356163, "efa": -0.025432483137263578, "vwo": 0.011128865167346779, "vnq": 0.08685929028679766, "bil": -0.721233679899776, "shv": 0.8769647996923552, "ief": 0.05693313946708692, "tlt": 0.0018689989560918812, "vblix": -0.056718353016023605, "agg": -0.08518722972196743, "vweax": 0.03154292468939064, "vmbix": 0.12974581475655284, "djp": 0.0034358280435369567, "gsg": 0.022862384029003858, "gld": 0.0062839889987324656, "fxe": -0.031056045904936443, "fxy": 0.02926615292683298, "shy": -0.35919367299613053, "lqd": 0.011023074546061192, "hyg": 0.05565689413447567, "pff": 0.06671067555282284, "emb": -0.04638924756157087, "tip": -0.006063689435737956, "vtv": 0.35501720291894906, "xlk": 0.040161992525484684, "xlf": 0.1196712011130797, "xle": 0.003334920151573586, "xlv": 0.060311805114992956, "xlp": -0.014589961292291927, "xlu": 0.02081870648839935, "xly": 0.021543945828831092, "xlb": 0.06620660969650342, "dbmf": -0.03369372858610867, "dbb": 0.00015952684101617348}, "r2": 0.9488548248635452, "alpha_ann": -0.03343455315405534, "alpha_t": -1.58119688166997}, "rec5": {"n": 1416, "betas": {"qqq": 0.16079866682602675, "ivv": -0.026508134596855006, "iwm": 0.08451005875584425, "efa": -0.04906130144948956, "vwo": 0.014303213284400514, "vnq": 0.11897199641445738, "bil": -1.0263015096390478, "shv": 1.0416885092760617, "ief": 0.13916951438214398, "tlt": 0.05578917941258169, "vblix": 0.11459271355936394, "agg": -0.7072120324994065, "vweax": 0.008941061823737401, "vmbix": 0.21418696698596146, "djp": 0.011434869543544194, "gsg": 0.00985176650487985, "gld": 0.0070069187220710635, "fxe": -0.01790494669786181, "fxy": 0.03410684611464143, "shy": 0.07742408391303003, "lqd": 0.09864196229137438, "hyg": 0.09481415375490161, "pff": 0.10993954084156915, "emb": -0.03175054719921935, "tip": -0.027681728070187192, "vtv": 0.34076091286459176, "xlk": 0.005312855306999627, "xlf": 0.14581565053920104, "xle": 0.012991624607798189, "xlv": 0.05297279852278456, "xlp": -0.026700405101194563, "xlu": 0.018741647582953914, "xly": 0.0021351583304178717, "xlb": 0.07422132190121626, "dbmf": -0.024963443328136832, "dbb": -0.004137510473318805}, "r2": 0.9168769704006693, "alpha_ann": -0.020335627454924784, "alpha_t": -0.7727359816992028}, "corr_portfolio": 0.3409935266835361, "corr_benchmark": 0.5722840211585848, "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_ann_5y": 0.003772619753803793, "alpha_t_5y": 0.1552536364874618, "alpha_t_full": -0.955426419457238, "r2_5y": 0.8711737443157401, "alpha_pos_frac": 0.5067264573991032}, "pngax": {"name": "Putnam International Value Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.018351460356665045, "ivv": -0.16786126423404354, "iwm": -0.005836523464787662, "efa": 0.8798400229424302, "vwo": 0.01588850419415716, "vnq": -0.014657102510753547, "bil": -0.5439729766374009, "shv": 0.3956658250372281, "ief": -0.04216941526615599, "tlt": -0.012381682101628103, "vblix": 0.08399608874560173, "agg": -0.0007302638613796231, "vweax": 0.1197116374607574, "vmbix": -0.016989200701805922, "djp": 0.015267403146501836, "gsg": -0.00880781915633261, "gld": -0.011339754015633655, "fxe": 0.12060131959317508, "fxy": 0.029854267222375275, "shy": -0.10091229877257563, "lqd": -0.006290102992031003, "hyg": -0.03633944674480104, "pff": 0.020813316928511853, "emb": 0.01665573548981839, "tip": 0.08112451126514611, "vtv": 0.08954886807929593, "xlk": 0.0013460406534497144, "xlf": 0.06185812819099836, "xle": 0.0495754368707627, "xlv": -0.004600866730278623, "xlp": -0.009130961345362336, "xlu": 0.0012569123231855165, "xly": 0.009160816725098823, "xlb": -0.003322197754354217, "dbb": 0.00029667449560509106}, "r2": 0.9375790684390054, "alpha_ann": 0.015826779148933812, "alpha_t": 1.302020085709286}, "rec5": {"n": 1416, "betas": {"qqq": -0.1504318318079839, "ivv": 0.0019002886265920118, "iwm": -0.019421609860558346, "efa": 0.8515765595530104, "vwo": 0.034380480770803835, "vnq": -0.028144405948129603, "bil": -0.7641762496045, "shv": 0.8081262141848934, "ief": 0.027941071812669877, "tlt": -0.0249479741184415, "vblix": 0.14938981446946692, "agg": -0.20499518589045898, "vweax": -0.032034344130770484, "vmbix": 0.13620543827399634, "djp": 0.0032748078517609164, "gsg": -0.007048748054556238, "gld": -0.00890989968340047, "fxe": 0.14226715408563448, "fxy": 0.02783828944777598, "shy": -0.14595722572249625, "lqd": 0.02269612653767529, "hyg": -0.03956722196639216, "pff": -0.01402226038090057, "emb": 0.06505013141816861, "tip": 0.019661081743783376, "vtv": 0.06679312344130396, "xlk": 0.04000387038123611, "xlf": 0.07902259591639507, "xle": 0.050646092090804624, "xlv": -0.04497506394472589, "xlp": -0.0014837040529447048, "xlu": -0.002328972026219047, "xly": 0.01494817548160829, "xlb": 0.0025390690524911236, "dbb": 0.004730384416942475}, "r2": 0.923365063846988, "alpha_ann": 0.03660762738576432, "alpha_t": 1.5097978645565868}, "corr_portfolio": 0.456500172262473, "corr_benchmark": 0.48588485439583146, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.034852777499856755, "alpha_t_5y": 1.798907028318978, "alpha_t_full": -0.12299859415814182, "r2_5y": 0.9133324217171169, "alpha_pos_frac": 0.5361702127659574}, "pnopx": {"name": "PUTNAM SUSTAINABLE LEADERS FUND", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.22577572859071737, "ivv": 0.4834537964339459, "iwm": 0.06814566684785921, "efa": 0.07092665877518282, "vwo": 0.006627466890337045, "vnq": 0.003053392099458257, "bil": -0.4114103518381119, "shv": 0.686870867898075, "ief": -0.10023549836667368, "tlt": 0.02536528713603222, "vblix": -0.009425586867157047, "agg": 0.06696447715595408, "vweax": -0.004202515229199185, "vmbix": -0.05371420896860321, "djp": -0.013493416853684255, "gsg": 0.009386503712459162, "gld": -0.00774171017023553, "fxe": -0.012943913679507623, "fxy": -0.02686817429932689, "shy": 0.13910683179878056, "lqd": -0.037382920775134734, "hyg": 0.06427236933661715, "pff": -0.03108942674602947, "emb": -0.027010636965106024, "tip": 0.04490272727726782, "vtv": -0.27895608377072617, "xlk": 0.06237253100632264, "xlf": 0.08553858385971386, "xle": -0.00967990292500233, "xlv": 0.13195119494170532, "xlp": 0.006180662006932685, "xlu": 0.009276357649153051, "xly": 0.013931574280132059, "xlb": 0.09039880085044813, "dbb": -0.0003304746125351449}, "r2": 0.9638722037601463, "alpha_ann": -0.01114979049680766, "alpha_t": -1.1562433697372585}, "rec5": {"n": 1416, "betas": {"qqq": -0.029103054754879176, "ivv": 0.7870739729857401, "iwm": 0.018891844984651116, "efa": 0.0634592354853711, "vwo": -0.006317863394625726, "vnq": 0.005934329239109775, "bil": 0.11273901622059893, "shv": 0.7792887870870054, "ief": 0.07711902932854856, "tlt": 0.01475928198083478, "vblix": 0.13287655548175165, "agg": -0.0028644706420131024, "vweax": -0.04617942171105659, "vmbix": -0.03428443842260175, "djp": 0.0010778818712375929, "gsg": -0.0004719479927084152, "gld": -0.014115911958760188, "fxe": -0.04434670047373652, "fxy": -0.02133443055460511, "shy": -0.1302753399956893, "lqd": -0.09530686218225791, "hyg": 0.0391669907365414, "pff": 0.00927950007095923, "emb": 0.020304083884870018, "tip": 0.019159981987866646, "vtv": -0.2549133577532261, "xlk": 0.13920965946722313, "xlf": 0.07231277359732464, "xle": -0.021477376084005125, "xlv": 0.08428341144088378, "xlp": 0.011045736020840026, "xlu": 0.01694064038694292, "xly": 0.019343075549771608, "xlb": 0.061492532109401185, "dbb": -0.008166863733469611}, "r2": 0.971352811097627, "alpha_ann": -0.052596231382762655, "alpha_t": -3.2217321154336127}, "corr_portfolio": 0.24102511009539707, "corr_benchmark": 0.6136347268875793, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.034943784535261486, "alpha_t_5y": -2.605814427275855, "alpha_t_full": 3.7770488240464726, "r2_5y": 0.9656691117856804, "alpha_pos_frac": 0.574468085106383}, "pnrax": {"name": "Putnam U.S. Research Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.07659764096217891, "ivv": 0.8410105182036134, "iwm": 0.037701665401411004, "efa": 0.030685285599271722, "vwo": 0.012519347093548908, "vnq": -0.008722180719690541, "bil": 0.12634879065464266, "shv": 0.36725499146201296, "ief": -0.04938387702742793, "tlt": -0.0029130200413980387, "vblix": 0.02960863807865759, "agg": -0.018948257187297115, "vweax": 0.008220971250868134, "vmbix": -0.00802431135423943, "djp": 0.0007619733551729574, "gsg": 0.009540582053737028, "gld": -0.004576819695156382, "fxe": -0.020686793338773286, "fxy": -0.005717606871486778, "shy": -0.005644577632071167, "lqd": 0.020593940971020873, "hyg": 0.006966936478124401, "pff": 0.004673914694341201, "emb": -0.007254133539561302, "tip": 0.05271130022438725, "vtv": -0.1122930046854847, "xlk": 0.00017432369483898235, "xlf": 0.025187624130407173, "xle": 0.007950587970242434, "xlv": 0.03571380758885359, "xlp": -0.019042040186525642, "xlu": 0.0016509905175224476, "xly": 0.007708118250828441, "xlb": 0.015134178901038332, "dbb": 0.003190840568366292}, "r2": 0.9785170197938645, "alpha_ann": 0.00010015946025283282, "alpha_t": 0.013985280077629012}, "rec5": {"n": 1416, "betas": {"qqq": 0.01119516949338989, "ivv": 0.93623644966337, "iwm": 0.03180160627810197, "efa": 0.024092036838416424, "vwo": 0.0025701077795217356, "vnq": -0.032206123994203306, "bil": 0.7770219868818465, "shv": -0.10607297550882107, "ief": 0.0451931273879178, "tlt": 0.016185558845126565, "vblix": 0.02959712295935003, "agg": -0.2680426578877884, "vweax": 0.0406369612264232, "vmbix": 0.07275463210962978, "djp": -0.007111811535686422, "gsg": 0.011906194248924617, "gld": 0.005773128157648528, "fxe": -0.020382338984362904, "fxy": 0.00017065641325592358, "shy": -0.015112598164386351, "lqd": 0.03706557020109204, "hyg": -0.03410487174228683, "pff": 0.0031652135165826144, "emb": 0.027115734097707497, "tip": 0.00806810929048187, "vtv": -0.072248754557099, "xlk": 0.02174027962580173, "xlf": 0.0039014986959806388, "xle": 0.006449098144991708, "xlv": 0.022932341868395333, "xlp": -0.014599152804761865, "xlu": 0.018646400833964325, "xly": 0.012171352236657974, "xlb": -0.000612595494352032, "dbb": -0.0017669323568448095}, "r2": 0.9754517855269149, "alpha_ann": -0.01374569651400031, "alpha_t": -0.9231252456797547}, "corr_portfolio": 0.276478412264447, "corr_benchmark": 0.6082408893482397, "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_ann_5y": -0.013138703584124807, "alpha_t_5y": -0.38602354240621056, "alpha_t_full": -0.040860454829000616, "r2_5y": 0.8868207594604377, "alpha_pos_frac": 0.515695067264574}, "pnvax": {"name": "Putnam International Small Cap Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.03157093012592671, "ivv": 0.017772181735606688, "iwm": 0.020335264161628005, "efa": 0.6611089045770079, "vwo": 0.056231474983543944, "vnq": 0.03172006187402403, "bil": -0.45508803781984397, "shv": 0.2869535096082143, "ief": 0.026093688433127166, "tlt": -0.00990377043194339, "vblix": 0.16683560168698316, "agg": -0.1068535232807976, "vweax": 0.3312695289049687, "vmbix": 0.04106590970745213, "djp": 0.029018482297592223, "gsg": -0.003675736422671072, "gld": 0.00043918523120832563, "fxe": 0.16625423370028336, "fxy": 0.07369289066134457, "shy": 0.021020455639202407, "lqd": -0.025323991151897294, "hyg": -0.07004528488861675, "pff": 0.027231124330460776, "emb": 0.006567933267420431, "tip": 0.04520429876251797, "vtv": -0.009027904783226974, "xlk": -0.02463993550951051, "xlf": 0.028990198805537916, "xle": -0.00595818393332955, "xlv": -0.006476804722663736, "xlp": -0.051615926037145016, "xlu": -0.01959015838155391, "xly": 0.02785219173571442, "xlb": 0.019916150610994623, "dbb": -0.006562485797546204}, "r2": 0.8807010142812707, "alpha_ann": 0.0006728903871602395, "alpha_t": 0.041980532807254584}, "rec5": {"n": 1416, "betas": {"qqq": -0.01703554025542603, "ivv": 0.14972401394114568, "iwm": 0.01932663347407583, "efa": 0.6042082934160912, "vwo": 0.06692971211122177, "vnq": 0.05337445092258744, "bil": -0.21810356546575618, "shv": 0.39246439865072513, "ief": 0.21555119730756603, "tlt": -0.060533049262069, "vblix": 0.18856916736992127, "agg": -0.2167348970069624, "vweax": 0.34622429266765636, "vmbix": 0.016328760132696345, "djp": 0.02028272863760411, "gsg": 0.00045963334236108326, "gld": 0.0019497631992891234, "fxe": 0.23257061205147903, "fxy": 0.05500246141537301, "shy": -0.219375429558944, "lqd": 0.04008701941097484, "hyg": -0.15528828350199814, "pff": 0.00415489123190445, "emb": 0.013379220879064107, "tip": 0.08211113341334952, "vtv": -0.04258843316729511, "xlk": -0.01377737057778454, "xlf": 0.04610622395923103, "xle": -0.0181725781456766, "xlv": -0.007212311186265952, "xlp": -0.036117773268223664, "xlu": -0.03296571118493508, "xly": 0.005025585112978754, "xlb": 0.009555257889932955, "dbb": -0.008035767271894145}, "r2": 0.8685555898303123, "alpha_ann": -0.0064571482713262135, "alpha_t": -0.2035443011466696}, "corr_portfolio": 0.37843130784261586, "corr_benchmark": 0.5341436653861956, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.01777045367072421, "alpha_t_5y": -0.7418658434781341, "alpha_t_full": 3.148881109128048, "r2_5y": 0.866818737661125, "alpha_pos_frac": 0.5201793721973094}, "pogax": {"name": "Putnam Large Cap Growth Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.22904918500149246, "ivv": 1.2405934031087276, "iwm": 0.024923322660396242, "efa": 0.02085219201027538, "vwo": 0.011798957103033383, "vnq": -0.003880057055502082, "bil": -0.376304755583431, "shv": 0.4104191294134731, "ief": -0.09165738750195591, "tlt": 0.032381556895368015, "vblix": 0.031979595536054464, "agg": 0.03432664242271165, "vweax": -0.033991981962288045, "vmbix": -0.10173941002848558, "djp": -0.02721110177370555, "gsg": 0.025105065231187964, "gld": 0.00465034304393206, "fxe": 0.008660417523092455, "fxy": -0.028553037518035538, "shy": 0.31147428650965686, "lqd": -0.02723902289976882, "hyg": 0.053236829662115986, "pff": -0.008048185678701015, "emb": -0.0359841865570035, "tip": 0.057841210420782545, "vtv": -0.6995945298203432, "xlk": 0.053148407044615244, "xlf": 0.03008247521308919, "xle": -0.013835069526768896, "xlv": 0.08534497524038619, "xlp": -0.04330787127002066, "xlu": 0.004288222716157959, "xly": 0.010719040140399691, "xlb": 0.024312847066919524, "dbb": 0.009073602887710856}, "r2": 0.9737931908410907, "alpha_ann": -0.005988487412057114, "alpha_t": -0.6489101057768948}, "rec5": {"n": 1416, "betas": {"qqq": 0.16754296425066995, "ivv": 1.2463151216631734, "iwm": 0.013558508145259912, "efa": 0.02698378177851969, "vwo": -0.009685900296385252, "vnq": -0.008152135534390955, "bil": 0.4517822657496975, "shv": 0.3812350947978589, "ief": 0.050772079163844346, "tlt": 0.060357812750406234, "vblix": 0.27987300423535316, "agg": 0.04053163887558379, "vweax": -0.12609447771099708, "vmbix": -0.03328991029325761, "djp": -0.023365202996416496, "gsg": 0.01931232216724604, "gld": 0.0026894135335514212, "fxe": -0.0012318301538964435, "fxy": -0.033667784865589294, "shy": -0.03088085393883273, "lqd": -0.20790169692076227, "hyg": 0.0157848284158597, "pff": -0.0022269821187306093, "emb": 0.018895075085977167, "tip": 0.027466714071939815, "vtv": -0.6993314150941939, "xlk": 0.1237160847857683, "xlf": 0.040377477199603766, "xle": -0.0024722963983112405, "xlv": 0.0724711929225782, "xlp": -0.021049250172280955, "xlu": 0.02349026670026561, "xly": 0.021936922450544558, "xlb": 0.0016995679303817776, "dbb": 0.0067947961893187955}, "r2": 0.980633984419956, "alpha_ann": -0.046175845708898274, "alpha_t": -2.7287421575069333}, "corr_portfolio": 0.15037798580951137, "corr_benchmark": 0.6178617057386717, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.03699181922939444, "alpha_t_5y": -2.190143201327193, "alpha_t_full": -1.771779866542727, "r2_5y": 0.9658299354712779, "alpha_pos_frac": 0.5515695067264574}, "pomix": {"name": "T. Rowe Price Total Equity Market Index Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.016567234602235303, "ivv": 0.7627560608834836, "iwm": 0.11574541219364234, "efa": -0.0009733175935430943, "vwo": 0.003957131111109636, "vnq": 0.008914270192718975, "bil": 0.016278906769363274, "shv": 0.15759915165267643, "ief": -0.023751572931833605, "tlt": 0.011470562948953407, "vblix": 0.011024457124554084, "agg": -0.01591183564030466, "vweax": 0.007687516518683766, "vmbix": -0.018120835877951404, "djp": -0.00045673605051022167, "gsg": 0.004900835661622474, "gld": 0.0019617201248507744, "fxe": 1.811555270162081e-05, "fxy": -0.007843281997368043, "shy": 0.07157832076609087, "lqd": 0.002462616320426106, "hyg": 0.020769293180845656, "pff": 0.005884907608161354, "emb": -0.007221947705239834, "tip": -0.0031249696547175844, "vtv": -0.06546738727364973, "xlk": 0.038931206739877246, "xlf": 0.02761871031485322, "xle": 0.007111376887386378, "xlv": 0.018535807572568452, "xlp": 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Rowe Price Real Assets Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.00812887355862879, "ivv": 0.018601582593049462, "iwm": 0.07531103130305325, "efa": 0.1653822242151297, "vwo": 0.06305156988403494, "vnq": 0.2239059766905743, "shv": 0.0031115271134114376, "ief": -0.004171615903685197, "tlt": -0.03954514615836634, "vblix": 0.10084688070086896, "agg": -0.11092155359918199, "vweax": 0.0778444354094938, "vmbix": 0.0533544837214279, "djp": 0.035510335509023404, "gsg": -0.013408455335749199, "gld": 0.18510674420729387, "fxe": 0.10346862759690374, "fxy": 0.03406802898718893, "shy": -0.01860623106627596, "lqd": 0.10985155317271864, "hyg": 0.05607011420446964, "pff": -0.20671618886643686, "emb": -0.05525644788398759, "tip": -0.011812346824546576, "vtv": 0.06873296308634012, "xlk": 0.028085847159634556, "xlf": -0.027666124869821375, "xle": 0.11521146151997143, "xlv": -0.025832397908602707, "xlp": -0.029480627189181003, "xlu": 0.06986044652947695, "xly": -0.005462278508350427, "xlb": 0.17623145637090237, "dbmf": 0.013493558144143498, "dbb": 0.07456644795164855}, "r2": 0.921678890758037, "alpha_ann": -0.06394768113376811, "alpha_t": -2.821517573705351}, "rec5": {"n": 1416, "betas": {"qqq": -0.02778630519840522, "ivv": 0.0142202597326727, "iwm": 0.0715779268198418, "efa": 0.15643619095086977, "vwo": 0.0780645019320226, "vnq": 0.23408753231205373, "shv": -0.000531274191631772, "ief": -0.010928675310230836, "tlt": -0.018789862971573288, "vblix": -0.00201626637428405, "agg": -0.0094317857903364, "vweax": 0.036588882947846756, "vmbix": 0.0005171216930201453, "djp": 0.0457795741648491, "gsg": -0.012694395978073252, "gld": 0.17937497534462898, "fxe": 0.07535789304703458, "fxy": 0.023853794448547225, "shy": -0.005217232286575597, "lqd": -0.013998127926563625, "hyg": 0.004474797846970773, "pff": 0.010467369788771736, "emb": 0.014322843631864663, "tip": -0.0026939285858845817, "vtv": 0.040602846951326245, "xlk": 0.02622784946711909, "xlf": -0.006579019417159302, "xle": 0.12862899381575726, "xlv": -0.02579950963001986, "xlp": -0.023912296582814734, "xlu": 0.04142042746565709, "xly": -0.010313129358771992, "xlb": 0.17782253353429373, "dbmf": 0.022387139167100743, "dbb": 0.06655456935947596}, "r2": 0.9312985835747547, "alpha_ann": -0.032417203502009266, "alpha_t": -1.3588143435397018}, "corr_portfolio": 0.3616104070333625, "corr_benchmark": 0.5200870121157017, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.028370447974804213, "alpha_t_5y": -1.1593583917602257, "alpha_t_full": -1.5875430016323073, "r2_5y": 0.890006581638537, "alpha_pos_frac": 0.47058823529411764}, "prasx": {"name": "T. Rowe Price New Asia Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.06074794390015498, "ivv": -0.14617593807588597, "iwm": 0.04246528101450009, "efa": 0.05665251082802825, "vwo": 0.6701866987968882, "vnq": -0.021894067089946505, "bil": -0.7646248982578749, "shv": 1.4208223388519834, "ief": -0.07887802799622444, "tlt": 0.06825911267553651, "vblix": 0.1989858630862987, "agg": -0.3253638032233979, "vweax": 0.34675584433062107, "vmbix": 0.1717992169891096, "djp": -0.00716388801998891, "gsg": -0.03046841114327486, "gld": 0.0025505639004718395, "fxe": -0.09268302526098292, "fxy": -0.01692041180661967, "shy": 0.06577933715675006, "lqd": 0.03436432931007121, "hyg": -0.17170470165695195, "pff": 0.07030317182735232, "emb": -0.0421898647065623, "tip": -0.03468071110983473, "vtv": 0.2042862613587062, "xlk": 0.16188309252878808, "xlf": -0.08438020598337985, "xle": -0.022963070440394848, "xlv": -0.03448123991576546, "xlp": -0.1324055619851024, "xlu": -0.03899414513026777, "xly": 0.019670115979789092, "xlb": -0.021596878262791615, "dbb": 0.025868371792577297}, "r2": 0.7774147033099226, "alpha_ann": -0.006097248871933995, "alpha_t": -0.25459230462768473}, "rec5": {"n": 1416, "betas": {"qqq": 0.22860441038578155, "ivv": -0.2441064338817599, "iwm": -0.0237236213918038, "efa": 0.027982319306864872, "vwo": 0.9884213287922538, "vnq": -0.030332767694354914, "bil": -1.836843580170909, "shv": 2.163571317494638, "ief": 0.1846983295139603, "tlt": 0.018835997153961823, "vblix": -0.0969393797227306, "agg": -0.6575936005340369, "vweax": 0.29454162402328027, "vmbix": 0.17449160871012567, "djp": -0.02252541562002857, "gsg": 0.034220375198604984, "gld": -0.01092312589418152, "fxe": -0.07481544283625341, "fxy": -0.04632081289138953, "shy": 0.13164486101070702, "lqd": 0.2189545297093696, "hyg": -0.14039491773774374, "pff": 0.03961569667621982, "emb": -0.0849643973235985, "tip": -0.11452831598511559, "vtv": 0.6311763170567812, "xlk": 0.018883983073061824, "xlf": -0.17144287313509907, "xle": -0.07207671177667388, "xlv": -0.11690907004812014, "xlp": -0.15546084452194364, "xlu": -0.06065842307267745, "xly": -0.03532152098947726, "xlb": -0.05194905202177374, "dbb": 0.005801432537981224}, "r2": 0.8637276181102833, "alpha_ann": -0.04657647450597351, "alpha_t": -1.1149044196057918}, "corr_portfolio": 0.2270964862712669, "corr_benchmark": 0.42628099815029613, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.03676582860298671, "alpha_t_5y": -1.162621641080458, "alpha_t_full": 3.0796570548117366, "r2_5y": 0.8617553574182966, "alpha_pos_frac": 0.5560538116591929}, "prblx": {"name": "Parnassus Core Equity Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.06657679856426615, "ivv": 0.8056924512414996, "iwm": 0.03835092356633254, "efa": 0.0035200246451973774, "vwo": -0.00498524884748372, "vnq": 0.002349758553457482, "bil": -0.03168785961313916, "shv": 0.461485383929195, "ief": -0.01583239349653343, "tlt": 0.02717591575253018, "vblix": 0.059884283986646664, "agg": 0.012541297009509036, "vweax": 0.0030445217960836154, "vmbix": 0.010460947267352552, "djp": 0.0012249109678990292, "gsg": 0.009202158512332734, "gld": -0.010873865919045071, "fxe": 0.00034471771773134774, "fxy": -0.010904020072030899, "shy": 0.08924146254198889, "lqd": -0.04455136484578828, "hyg": -0.03927826827135799, "pff": 0.014055385662653368, "emb": 0.0013232488441928245, "tip": 0.017130890225863685, "vtv": -0.13769926236665267, "xlk": 0.11738343227081577, "xlf": 0.022500548746909828, "xle": -0.03515087619872934, "xlv": 0.06789901334027751, "xlp": 0.10019534633738397, "xlu": 0.012443244900103437, "xly": -0.024253519032656115, "xlb": 0.053387782616010196, "dbb": -0.0003234085085927173}, "r2": 0.9518715650295576, "alpha_ann": -0.008417358232686025, "alpha_t": -0.8390208064867142}, "rec5": {"n": 1416, "betas": {"qqq": -0.014597432620245987, "ivv": 0.7126367790310418, "iwm": 0.0012265586462826016, "efa": 0.013860267704869252, "vwo": 0.0027319081222295077, "vnq": 0.03542582646229722, "bil": -0.35229034783298396, "shv": 0.9020230147055837, "ief": -0.007694948611135822, "tlt": 0.008731955222845754, "vblix": 0.07989763155404037, "agg": 0.13388751822137337, "vweax": -0.05186615764091078, "vmbix": 0.0012263977078787063, "djp": -0.004119155593938925, "gsg": 0.018424756124007634, "gld": -0.013644568038470086, "fxe": -0.020725159313643094, "fxy": -0.002479654282573926, "shy": -0.1172596756948229, "lqd": -0.05878492015479843, "hyg": -0.009683431851951436, "pff": -0.0072961406516235, "emb": -0.024531551343148248, "tip": 0.04466545814090577, "vtv": -0.1786385420363733, "xlk": 0.13408428161239863, "xlf": 0.08288053209954754, "xle": -0.04135106696506721, "xlv": 0.10349916256463543, "xlp": 0.08524143994321401, "xlu": 0.00014347070989709313, "xly": -0.03654447230982441, "xlb": 0.08468407600611025, "dbb": -0.004450015536984233}, "r2": 0.9530577484123568, "alpha_ann": -0.023776970482815477, "alpha_t": -1.210735447712706}, "corr_portfolio": 0.2529541274621002, "corr_benchmark": 0.6219976429749845, "verdict": "sleeve mix (R\u00b2 high) - 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Rowe Price New Income Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.015121061341700746, "ivv": 0.02472837743612727, "iwm": 0.0036901842904475614, "efa": -0.0068688758007877165, "vwo": 0.0026121665572932094, "vnq": 0.003304012123870355, "bil": -0.15881575745088847, "shv": -0.2784189941154613, "ief": 0.14024026732418232, "tlt": 0.15152373202481828, "vblix": 0.3117855887530446, "agg": -0.06285143634433864, "vweax": 0.1384631000413141, "vmbix": 0.24647920157625983, "djp": -0.003216042552905384, "gsg": 0.001452036603852136, "gld": -0.001333742158202762, "fxe": 0.0049706946897982995, "fxy": 0.003410365605314687, "shy": 0.5473753276589058, "lqd": -0.04349247370274309, "hyg": 0.011359752698489236, "pff": -0.0024222261756274765, "emb": 0.005139603954978118, "tip": -0.021102002275459893, "vtv": 0.013478106482244784, "xlk": -0.018705751012184347, "xlf": -0.007766652636438029, "xle": -0.002261129334658234, "xlv": 0.002391760655050421, "xlp": -0.008952666120573934, "xlu": 0.0033877872215455256, "xly": -0.009751118769757351, "xlb": 0.0011415281491583967, "dbb": 0.002682632587630383}, "r2": 0.9115480920720879, "alpha_ann": 0.00304978798626598, "alpha_t": 0.8050804518665488}, "rec5": {"n": 1416, "betas": {"qqq": -0.014034578545487926, "ivv": 0.03243732259328389, "iwm": -0.002418868557425247, "efa": 0.0030211997397752485, "vwo": 0.0010713081853091816, "vnq": 0.002145316120206864, "bil": -0.10772526658638915, "shv": -0.1018054448665592, "ief": 0.22334876909431578, "tlt": 0.13149771657194326, "vblix": 0.40799496143538844, "agg": 0.1021380025875815, "vweax": 0.093581073481643, "vmbix": 0.2126799844385, "djp": -0.0027777610459787565, "gsg": -0.0005501000954158837, "gld": -0.002701801259312044, "fxe": 0.0009418605179012524, "fxy": 0.0022828113608278273, "shy": 0.2828311209525206, "lqd": -0.10018243254566249, "hyg": -0.009506999506718114, "pff": -0.0026820828531190478, "emb": -0.008547172943144775, "tip": -0.004512540845014331, "vtv": -0.00027370552561696446, "xlk": 0.006679140994898402, "xlf": -0.0028977028155916713, "xle": 0.0015583625911804364, "xlv": 0.0031419592419171206, "xlp": -0.00426746939555595, "xlu": 0.0010870785435958261, "xly": -0.002169311455373013, "xlb": 0.0004018950334824566, "dbb": 3.399015484776462e-05}, "r2": 0.9601733480512049, "alpha_ann": 0.003649027737980286, "alpha_t": 0.569375470066492}, "corr_portfolio": -0.07390681462461982, "corr_benchmark": 0.6730349742448988, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.0007107788562143668, "alpha_t_5y": -0.13723433201003477, "alpha_t_full": 6.365050834911989, "r2_5y": 0.9540044117902331, "alpha_pos_frac": 0.5838150289017341}, "prcox": {"name": "T. Rowe Price U.S. Equity Research Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.04474010402823747, "ivv": 0.8269311873585092, "iwm": 0.013090477607724246, "efa": 0.012415721775020575, "vwo": -0.0008431673856409092, "vnq": 0.0019441408590099535, "bil": -0.04569059629032351, "shv": 0.1432091486060549, "ief": -0.03238673698551167, "tlt": 0.008234149667455486, "vblix": -0.015143471573419524, "agg": -0.030918069037154744, "vweax": 0.015819960202327753, "vmbix": -0.004835388277778525, "djp": -0.003721416265614013, "gsg": -0.0002362634012091586, "gld": 0.003821863312972446, "fxe": 1.0871609539650422e-05, "fxy": -0.012507017765345109, "shy": 0.10668870365914299, "lqd": 0.006066018635612186, "hyg": 0.015496069084623677, "pff": 0.004812606592764648, "emb": 0.0012764767343717064, "tip": 0.003778817199896049, "vtv": -0.06087737845511905, "xlk": 0.04473089236395025, "xlf": 0.03902064086280585, "xle": 0.009713364629329792, "xlv": 0.023337512972303322, "xlp": 0.0015217438853628998, "xlu": 0.006865771834806735, "xly": 0.016296342424580758, "xlb": 0.004554852873167328, "dbb": 0.000538321979132516}, "r2": 0.9904254740454087, "alpha_ann": -0.002614529103407767, "alpha_t": -0.5400614565783586}, "rec5": {"n": 1416, "betas": {"qqq": 0.011566231158841173, "ivv": 0.9517765086047577, "iwm": 0.021044291199260056, "efa": 0.023152790952927896, "vwo": -0.012389368911610249, "vnq": -0.008926535979903913, "bil": 0.03958038003880872, "shv": 0.29067274102340834, "ief": 0.008372227241338799, "tlt": 0.02878967728192552, "vblix": 0.06946208082338828, "agg": -0.1216575713014391, "vweax": 0.005656690627800734, "vmbix": 0.07609148637266805, "djp": -0.0068932257594418, "gsg": 0.004392716208726822, "gld": 0.01101338812318948, "fxe": -0.007801492915615462, "fxy": -0.02033568808040054, "shy": -0.03397431844439001, "lqd": -0.02942640811392945, "hyg": 0.04303118685961387, "pff": -0.0265094351232114, "emb": 0.0057422256807115706, "tip": -0.016956130774945073, "vtv": -0.06736530716982173, "xlk": 0.03507699648999573, "xlf": 0.019073644243931022, "xle": 0.0014083970579223857, "xlv": -9.752399641622947e-05, "xlp": 0.014960693882412507, "xlu": 0.002030031871566443, "xly": -0.0015417237681632293, "xlb": -0.0020250402967335393, "dbb": -0.0006251220455906759}, "r2": 0.9854477448988801, "alpha_ann": -0.009899037498908326, "alpha_t": -0.8569299776791577}, "corr_portfolio": 0.2793212368117234, "corr_benchmark": 0.6156565329333397, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.0022392286081116615, "alpha_t_5y": 0.2514160392085182, "alpha_t_full": 0.7548211809712864, "r2_5y": 0.9845663679664178, "alpha_pos_frac": 0.42718446601941745}, "prcpx": {"name": "T. Rowe Price Credit Opportunities Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.008644823145204636, "ivv": 0.0033709600776903204, "iwm": 0.007879223722343242, "efa": -0.024218806068068532, "vwo": -0.0032635147372843173, "vnq": -0.006364344317131671, "bil": 0.4712155652228862, "shv": -0.023561255693477254, "ief": 0.04045032200433152, "tlt": 0.1446606103464846, "vblix": 0.15671715465042782, "agg": -0.8347500289494517, "vweax": 0.8148992642748613, "vmbix": 0.047508996930897524, "djp": 0.012667964146876912, "gsg": -0.015585278581112253, "gld": -0.0026867517765185754, "fxe": 0.046510650431332755, "fxy": 0.02438897054555063, "shy": 0.5306137027748382, "lqd": 0.08988926281814565, "hyg": 0.028392293041311925, "pff": 0.08272766365597121, "emb": -0.046926768314423876, "tip": 0.03447671831131459, "vtv": 0.025073605988102356, "xlk": -0.0018332116714198422, "xlf": -0.014638441573042912, "xle": 0.006684000720421143, "xlv": 0.007409964505443729, "xlp": -0.043731690984110214, "xlu": 0.017935433883217007, "xly": 0.014921968667571433, "xlb": 0.008563937261203613, "dbmf": -0.0053697125258407585, "dbb": 0.005682306423448878}, "r2": 0.7951830434279521, "alpha_ann": 0.0019296476543550958, "alpha_t": 0.15086628957061732}, "rec5": {"n": 1416, "betas": {"qqq": -0.009806804368590404, "ivv": 0.03428749901683278, "iwm": -0.001972719689857323, "efa": 0.0024002569812736274, "vwo": 0.0027523824877219005, "vnq": 0.007410506824134148, "bil": 0.2658613954153004, "shv": 0.11522847407998656, "ief": -0.011467842489852791, "tlt": 0.06636840686726093, "vblix": 0.4044204967184582, "agg": 0.1660847622767711, "vweax": 0.736961950357268, "vmbix": -0.07923132915137072, "djp": -0.002531247581545769, "gsg": 0.006391848017651574, "gld": -0.0016458077026445042, "fxe": -0.004329221999166551, "fxy": 0.0007486225288573481, "shy": -0.12115230467442749, "lqd": -0.2318728013452114, "hyg": 0.0108305825448487, "pff": 0.02196576265809475, "emb": 0.00519200142139363, "tip": 0.0028566565926092706, "vtv": 0.006014224746305207, "xlk": 0.007118758972827054, "xlf": 0.005189894707972234, "xle": 0.0039573571606226505, "xlv": -0.0049220104546547055, "xlp": -0.014327763185380845, "xlu": 0.002308554206447908, "xly": 0.002924736418514017, "xlb": 0.00023533795187668204, "dbmf": -0.004960326104466606, "dbb": 0.004221302227600901}, "r2": 0.8651521928988863, "alpha_ann": 0.005991668773556148, "alpha_t": 0.6353219221808064}, "corr_portfolio": 0.29507505709464416, "corr_benchmark": 0.34975035520803566, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.01454886653880402, "alpha_t_5y": 1.966352022579707, "alpha_t_full": 0.7690031419380468, "r2_5y": 0.853237838102522, "alpha_pos_frac": 0.704225352112676}, "prdgx": {"name": "T. Rowe Price Dividend Growth Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.1339374087411291, "ivv": 0.38886873874094324, "iwm": -0.008497229162605887, "efa": 0.028078801377650665, "vwo": -0.008044801538360517, "vnq": 0.018945525821558267, "bil": 0.04485682048797291, "shv": 0.12620696100126746, "ief": -0.02889851265224053, "tlt": 0.035533239194714336, "vblix": 0.058761305351762834, "agg": -0.10242204208776222, "vweax": -0.03068528494916683, "vmbix": -0.017234201882577592, "djp": -0.013647528138539762, "gsg": 0.01316854504486014, "gld": -0.005474479744469958, "fxe": 0.001962078552654685, "fxy": -0.013000679740830407, "shy": 0.15190021218450628, "lqd": -0.0010136254165590778, "hyg": 0.004371455174480097, "pff": 0.015394653037011182, "emb": 0.010827693925214238, "tip": 0.0065015699802564485, "vtv": 0.11572427654742012, "xlk": 0.13148652746041017, "xlf": 0.08291886033453476, "xle": -0.010043506292269659, "xlv": 0.12346325466241719, "xlp": 0.08734717401098623, "xlu": 0.03478619096405762, "xly": 0.029869466977083228, "xlb": 0.06565583578147449, "dbb": -0.0019011894154329356}, "r2": 0.9770730640207137, "alpha_ann": 0.000933576039678499, "alpha_t": 0.14304375372454}, "rec5": {"n": 1416, "betas": {"qqq": -0.11010577668407973, "ivv": 0.3449768969646994, "iwm": -0.018200692808337332, "efa": 0.035169187149598186, "vwo": -0.013142702740566586, "vnq": 0.03157734220154997, "bil": 0.10461262031445852, "shv": -0.07414857760323386, "ief": 0.043031207960617796, "tlt": 0.031654951308913444, "vblix": 0.15003069799039886, "agg": -0.12315806337762135, "vweax": -0.07181486753926522, "vmbix": -0.009248112404041393, "djp": -0.02250567606182452, "gsg": 0.02655766874274135, "gld": -0.0053941681256407786, "fxe": -0.01302683528403138, "fxy": -0.008161857998736846, "shy": 0.012150524303150704, "lqd": -0.007866698922718428, "hyg": 0.05842103688465011, "pff": -0.02312877397955011, "emb": 0.0006146634745347455, "tip": 0.0003949254739790874, "vtv": 0.1220595027904307, "xlk": 0.140043598815035, "xlf": 0.12396917146647363, "xle": -0.014307096390449817, "xlv": 0.115683898354952, "xlp": 0.10982549945808451, "xlu": 0.0367130409321535, "xly": 0.0015704242774433157, "xlb": 0.0671422957916421, "dbb": -0.006014473223136904}, "r2": 0.9691415903853413, "alpha_ann": -0.00894442759875547, "alpha_t": -0.6569319709644231}, "corr_portfolio": 0.33565727897385983, "corr_benchmark": 0.5920883360618564, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.0007802843212795324, "alpha_t_5y": -0.05559737972462914, "alpha_t_full": 1.9328575109128734, "r2_5y": 0.9417773708804356, "alpha_pos_frac": 0.521551724137931}, "prdmx": {"name": "T. 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Rowe Price Equity Income Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.042859751358107046, "ivv": 0.016980818418664466, "iwm": 0.06084487291323478, "efa": 0.06561849962546959, "vwo": -1.5468819527899365e-05, "vnq": -0.0002448517822502477, "bil": 0.306586933820569, "shv": -0.11698466672542068, "ief": -0.010132843104235121, "tlt": -0.005702202833843233, "vblix": 0.0034225843609920043, "agg": -0.062471411394249055, "vweax": 0.034060556616779376, "vmbix": 0.017375396372328145, "djp": 0.009117253934604518, "gsg": -0.006647283927008412, "gld": -0.00912017445787543, "fxe": -0.0039046130847007966, "fxy": -0.004313325540051055, "shy": 0.014590741408279878, "lqd": 0.018619289402906233, "hyg": -0.01636294657587642, "pff": 0.017814802985238905, "emb": 0.02045322152101277, "tip": 0.003040906797293166, "vtv": 0.6434975183146617, "xlk": -0.00010234549170622638, "xlf": 0.09049240539963443, "xle": 0.04909313522685514, "xlv": -0.022872353806412463, "xlp": 0.005482793751305085, "xlu": 0.02576821879472534, "xly": 0.03305218026527287, "xlb": 0.04651098713786525, "dbb": -0.00957429937357414}, "r2": 0.9738167120357772, "alpha_ann": -0.008081379901781758, "alpha_t": -1.0506639059564964}, "rec5": {"n": 1416, "betas": {"qqq": -0.10617601125861112, "ivv": 0.15998846500104505, "iwm": 0.06990454814697507, "efa": 0.08598973437738065, "vwo": 0.01061869582888449, "vnq": 0.011208957671562552, "bil": 0.05866555353776616, "shv": 0.0964997606273794, "ief": -0.00811819172660073, "tlt": -0.0007387468592446177, "vblix": -0.04386322521468084, "agg": -0.23374455110527215, "vweax": 0.04439922608894091, "vmbix": 0.09874237224016037, "djp": 0.01748878272896113, "gsg": -0.01309661891678862, "gld": -0.0071289122579749715, "fxe": 0.0038382704924456255, "fxy": -0.014202319994929399, "shy": 0.004364731535283814, "lqd": 0.07805950715448563, "hyg": -0.005861046190577278, "pff": 0.0012933278380838369, "emb": 0.005128804476167616, "tip": 0.009987369995630513, "vtv": 0.5875945997250485, "xlk": -0.01738711869026395, "xlf": 0.09888440841658452, "xle": 0.03240771704260501, "xlv": -0.020477882774145535, "xlp": 0.016667811014762217, "xlu": 0.007200511690651664, "xly": 0.01901558884589076, "xlb": 0.02643834802140725, "dbb": -0.009069844477330653}, "r2": 0.9540836220528949, "alpha_ann": -0.006595058560030207, "alpha_t": -0.37508695376651885}, "corr_portfolio": 0.41059227467005194, "corr_benchmark": 0.5068245207131868, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.015144714056529306, "alpha_t_5y": 0.8493285891163505, "alpha_t_full": 3.9344757446636915, "r2_5y": 0.9162651084834567, "alpha_pos_frac": 0.4618834080717489}, "prfhx": {"name": "T. 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Rowe Price Summit Municipal Intermediate Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.013893853330043109, "ivv": -0.005512979415280402, "iwm": -0.006439921133932736, "efa": -0.026055798947561926, "vwo": 0.009215995639789684, "vnq": 0.01662001475994633, "bil": -0.08115871051638998, "shv": 0.2553528240842237, "ief": 0.04357122180036289, "tlt": 0.0027515145810574847, "vblix": 0.2131836110152292, "agg": 0.10510377902232754, "vweax": 0.16689975553673242, "vmbix": -0.03430551118131261, "djp": -0.0011359712897803227, "gsg": -0.003066524539625166, "gld": 0.002026701110204057, "fxe": 0.015872293778034757, "fxy": 0.019187915197736067, "shy": -0.05345229170643873, "lqd": 0.0701176790858345, "hyg": -0.0280126155604718, "pff": 0.024702353611429712, "emb": -0.03845816817951192, "tip": -0.04537894042554431, "vtv": 0.05576224661355658, "xlk": 0.01270171315338541, "xlf": -0.0301345215652736, "xle": -0.005257446902494106, "xlv": -0.003396159512225685, "xlp": 0.00484635689212807, "xlu": 0.007593131539134729, "xly": 0.003624059926720887, "xlb": -0.008839086999692703, "dbb": 0.0015105439997940978}, "r2": 0.4081735871133525, "alpha_ann": 0.011620035326080845, "alpha_t": 1.795218669754559}, "rec5": {"n": 1416, "betas": {"qqq": -0.01230078617080262, "ivv": -0.0038165883582129984, "iwm": -0.002808142466331226, "efa": -0.004759916297954908, "vwo": 0.015292528571428, "vnq": 0.020644204061349206, "bil": 0.1564182326942214, "shv": 0.45202482987209114, "ief": 0.06440572866353607, "tlt": 0.02775387008318033, "vblix": 0.20576815774618437, "agg": 0.13816209471167587, "vweax": 0.2901371470235189, "vmbix": 0.02771505233535029, "djp": -0.011332594603435569, "gsg": 0.008076704378815544, "gld": 0.0013424568610274645, "fxe": -0.0006772709800546033, "fxy": 0.00910282445760075, "shy": -0.11216387601358035, "lqd": -0.07054225291047188, "hyg": -0.06765337700554194, "pff": 0.013035128936940041, "emb": -0.043101960669180164, "tip": -0.04545177191788138, "vtv": 0.01063164089384262, "xlk": 0.008217514753764418, "xlf": -0.019570007333561894, "xle": -0.0040094064337404065, "xlv": -0.002175629125468956, "xlp": 0.009397573777327807, "xlu": -0.00031563005806771493, "xly": 0.005123557078371271, "xlb": -0.0032633824785723883, "dbb": -0.001049594947738945}, "r2": 0.4443605302069962, "alpha_ann": -0.009450512002834902, "alpha_t": -0.752818284228533}, "corr_portfolio": 0.037428885095898944, "corr_benchmark": 0.3490179952495311, "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_ann_5y": 0.006245721806135605, "alpha_t_5y": 0.6398847899464606, "alpha_t_full": 7.682954675876339, "r2_5y": 0.4054705279772328, "alpha_pos_frac": 0.5260115606936416}, "prsnx": {"name": "T. Rowe Price Global Multi-Sector Bond Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.03656179552402271, "ivv": 0.04883445339780912, "iwm": 0.005929240189438998, "efa": 0.004544629143192239, "vwo": 0.003722429019882645, "vnq": 0.01350293843188727, "bil": 0.2842980578784153, "shv": 0.16031549798894898, "ief": 0.29188231073541276, "tlt": 0.0664073661223648, "vblix": 0.27388214638088804, "agg": -0.38537308078347116, "vweax": 0.2768056222813825, "vmbix": 0.05399474542968446, "djp": 0.007135193030156477, "gsg": -0.005552258015995537, "gld": -0.0010921536374255312, "fxe": -0.015607762189593359, "fxy": 0.025981629075180986, "shy": 0.17562390987460116, "lqd": -0.016934216654530106, "hyg": 0.025089966411983827, "pff": 0.06250507067163867, "emb": 0.002973244288996316, "tip": 0.03309265257736526, "vtv": -0.008486276087166698, "xlk": -0.008769920387285274, "xlf": -0.008249750662801224, "xle": -0.007565108401340347, "xlv": 0.00030336337403999767, "xlp": -0.02315275331950714, "xlu": 0.01284327361731472, "xly": 0.0004542005032984772, "xlb": 0.001952961619768379, "dbmf": -0.01625575920903553, "dbb": -0.0011308909608852356}, "r2": 0.6477749506308048, "alpha_ann": 0.006757289577323326, "alpha_t": 0.5342542633487422}, "rec5": {"n": 1416, "betas": {"qqq": -0.020147964145844483, "ivv": 0.05873562481984148, "iwm": 0.0015583723646711994, "efa": 0.03146918920239525, "vwo": 0.008565773595335252, "vnq": 0.012552068796437525, "bil": 0.36332644478086124, "shv": 0.6581226234834382, "ief": 0.4118378770911335, "tlt": 0.008371071161957918, "vblix": 0.30147558552208503, "agg": -0.015337391059019446, "vweax": 0.2560711335663393, "vmbix": 0.07315635551857863, "djp": -0.005720390098241715, "gsg": 0.008909173774133566, "gld": -0.005018796797421742, "fxe": -0.05143328330768563, "fxy": 0.003451176755144423, "shy": -0.37295276055740323, "lqd": -0.1273964519771165, "hyg": -0.07960555042840689, "pff": 0.023216189477191437, "emb": 0.017080650010681157, "tip": 0.02095174101344725, "vtv": -0.0026203242094153985, "xlk": -0.011562625625028496, "xlf": 0.0013791299019496486, "xle": -0.01060369881840687, "xlv": -0.003794812681591579, "xlp": -0.005890870871063758, "xlu": 0.0024091906001284294, "xly": -0.004780211245276192, "xlb": -0.009030610749528576, "dbmf": -0.016494286495087586, "dbb": 0.0006199371049029172}, "r2": 0.6947004618432989, "alpha_ann": -0.014605397266286877, "alpha_t": -1.1549648676547952}, "corr_portfolio": 0.11480264680027129, "corr_benchmark": 0.5104032115831177, "verdict": "weak/unstable alpha", "alpha_ann_5y": 0.007770645799854432, "alpha_t_5y": 0.7816898076518033, "alpha_t_full": 0.3194535437733391, "r2_5y": 0.6659474244050132, "alpha_pos_frac": 0.5375722543352601}, "prsvx": {"name": "T. Rowe Price Small-Cap Value Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.03569635871144497, "ivv": -0.04151631679713825, "iwm": 0.7473631198166775, "efa": 0.002003611539278708, "vwo": -0.009225060670705902, "vnq": 0.05566397556686555, "bil": -0.18304657087784823, "shv": -0.02168989717011897, "ief": -0.1552249842971801, "tlt": 0.03207819170784837, "vblix": 0.03125279757173338, "agg": 0.18647882970844107, "vweax": -0.02020224317547768, "vmbix": -0.01812639066087255, "djp": -0.022983885092447826, "gsg": 0.02144708993417748, "gld": 0.003291291861362522, "fxe": 0.006298601143394157, "fxy": -0.0013892390699277975, "shy": 0.19696422270958458, "lqd": -0.07189173020319527, "hyg": -0.004935657238512522, "pff": 0.04853337139366499, "emb": -0.025694655478213833, "tip": -0.03486505459339461, "vtv": 0.25121045342718895, "xlk": -0.026914862153142233, "xlf": 0.050847342377101236, "xle": -0.0009540832768891972, "xlv": -0.10586120550179567, "xlp": 0.005395617748962322, "xlu": 0.009149857426619404, "xly": -0.0010486628823932406, "xlb": 0.03985476965775864, "dbb": -0.002787551470603864}, "r2": 0.9695378059928355, "alpha_ann": 0.007712769847669065, "alpha_t": 0.7766380825072212}, "rec5": {"n": 1416, "betas": {"qqq": -0.05809251599930049, "ivv": -0.037137008570192566, "iwm": 0.6891897131439244, "efa": 0.02362890590584482, "vwo": -0.018804442312851066, "vnq": 0.07494782848513437, "bil": -0.03919684979928148, "shv": 0.9008904787783486, "ief": -0.06737871362635546, "tlt": 0.05599791183678298, "vblix": 0.18491112670523568, "agg": -0.22886837232662938, "vweax": -0.1068655053421945, "vmbix": 0.12141221547590013, "djp": -0.021156748306208117, "gsg": 0.015324276048696147, "gld": -0.006098570743525829, "fxe": -0.02777223444816456, "fxy": -0.022028064242048256, "shy": 0.12553673943923785, "lqd": 0.01596578158262684, "hyg": -0.04206504611272583, "pff": 0.06014050305541421, "emb": -0.017268368643570536, "tip": 0.034439811412463855, "vtv": 0.3054350281639215, "xlk": -0.01586289456979097, "xlf": 0.036959351197264304, "xle": 0.005459750125748423, "xlv": -0.07659586980631597, "xlp": -0.03392667844196858, "xlu": -0.02371980966757766, "xly": 0.02758091604119777, "xlb": 0.06302526367890933, "dbb": -0.012140509144180026}, "r2": 0.9662989934049083, "alpha_ann": -0.02370352223337369, "alpha_t": -1.1687906454920096}, "corr_portfolio": 0.3129582719340149, "corr_benchmark": 0.524015201956352, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.002759891609017195, "alpha_t_5y": 0.16271865916575903, "alpha_t_full": 4.066032185604195, "r2_5y": 0.9582118803525042, "alpha_pos_frac": 0.543859649122807}, "prtax": {"name": "T. Rowe Price Tax-Free Income Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.002488118544473124, "ivv": -0.031013317758984468, "iwm": -0.008055406513617969, "efa": -0.02886116219625728, "vwo": 0.012803958833942641, "vnq": 0.021948969356795314, "bil": -0.11969018447162226, "shv": 0.3891588337334584, "ief": 0.039115163228261834, "tlt": 0.014200591385346491, "vblix": 0.29023810934882865, "agg": 0.13050189611154267, "vweax": 0.21016261404129763, "vmbix": 0.007971250758863008, "djp": -0.005367830880096896, "gsg": 0.0009997068253320771, "gld": 0.000602389740481469, "fxe": 0.021577556531658958, "fxy": 0.024001706981205125, "shy": -0.09867410854118779, "lqd": 0.06433043132965693, "hyg": -0.034664255983586606, "pff": 0.03043951804892736, "emb": -0.04636805263225935, "tip": -0.06835122677096812, "vtv": 0.09667240134749787, "xlk": 0.010670747416968013, "xlf": -0.03972401955914423, "xle": -0.011777814896760334, "xlv": -0.006080237443758184, "xlp": 0.0009538443141121494, "xlu": 0.011307881588714609, "xly": 0.002946503603787951, "xlb": -0.013183603139181025, "dbb": 0.0008325049313114205}, "r2": 0.4042622527515669, "alpha_ann": 0.012923556568656453, "alpha_t": 1.5536834131956858}, "rec5": {"n": 1416, "betas": {"qqq": -0.015186866984609994, "ivv": -0.0251330163940988, "iwm": -0.0058890643380141465, "efa": -0.006671230494520383, "vwo": 0.021239727834124984, "vnq": 0.03218980686697916, "bil": -0.014666544476975036, "shv": 0.9060828691568904, "ief": 0.09221832032250103, "tlt": 0.031569977373616324, "vblix": 0.2724536467640776, "agg": 0.2116570511594353, "vweax": 0.3812817315067999, "vmbix": 0.0633141063548535, "djp": -0.020586758038146767, "gsg": 0.018585118385560973, "gld": 0.002237593253555206, "fxe": 0.008308633918859177, "fxy": 0.02018065664030795, "shy": -0.2787472941934534, "lqd": -0.09543874730550742, "hyg": -0.10376786907578707, "pff": 0.02040711717235757, "emb": -0.05827978067290302, "tip": -0.0673054197258707, "vtv": 0.03699367448492938, "xlk": 0.014879048120496391, "xlf": -0.029115719524843115, "xle": -0.009744825547333132, "xlv": -0.005084216986734323, "xlp": 0.00285832936669553, "xlu": 0.006933382106629502, "xly": 0.01073659884289146, "xlb": -0.0088989840294207, "dbb": -0.0047283797177616015}, "r2": 0.438450398567909, "alpha_ann": -0.013592371997467025, "alpha_t": -0.7744541750802398}, "corr_portfolio": 0.03652415690347229, "corr_benchmark": 0.341089718493174, "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_ann_5y": 0.007661235871832887, "alpha_t_5y": 0.5586664889126662, "alpha_t_full": 7.483871200584978, "r2_5y": 0.3932924783200301, "alpha_pos_frac": 0.5722543352601156}, "prtix": {"name": "T. Rowe Price U.S. Treasury Intermediate Index Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.012366208728026538, "ivv": 0.011969771928990947, "iwm": -0.0018256982155726814, "efa": -0.005626088647420618, "vwo": 0.004398556887563343, "vnq": 0.0021381068124862374, "bil": -0.14642849607677022, "shv": -0.08201810788766166, "ief": 0.6287691812470464, "tlt": -0.025388639038365572, "vblix": 0.11009576122170052, "agg": 0.05221020087151053, "vweax": 0.05206811197456103, "vmbix": 0.041917004355452064, "djp": 0.0024058923947442275, "gsg": -0.004682201422008016, "gld": 0.00389881067558886, "fxe": 0.0006913034237525217, "fxy": -0.00012802209072151257, "shy": 0.5498795833405827, "lqd": -0.04013527705056124, "hyg": -0.021940300641909383, "pff": -0.012671128703301825, "emb": -0.0005202013095862364, "tip": 0.020509288714829106, "vtv": -0.00041419182153652604, "xlk": -0.010187414268883727, "xlf": -0.00037807921270828786, "xle": 0.002205668520020499, "xlv": -0.0048953625850512395, "xlp": -0.0008433877011388536, "xlu": 0.0005168195950791891, "xly": -0.0016525189071583818, "xlb": -0.0011018280784094222, "dbb": -0.0025243527904049304}, "r2": 0.917994351841372, "alpha_ann": -0.0046891559459448905, "alpha_t": -1.1808845385386575}, "rec5": {"n": 1416, "betas": {"qqq": 0.01757505774576014, "ivv": 0.020138122322646623, "iwm": -0.00935023501189592, "efa": -0.00581365666771513, "vwo": 0.0031621063459236994, "vnq": -0.000589847329380537, "bil": -0.31360549914462327, "shv": -0.1743741453885529, "ief": 0.6636748248277003, "tlt": -0.02729043840949891, "vblix": 0.2001492355127727, "agg": 0.034209165256018234, "vweax": 0.0705442292793134, "vmbix": 0.04593294331979298, "djp": 0.000615693678617554, "gsg": -0.0027385230211450476, "gld": 0.004015843428197587, "fxe": -0.0007017273730417515, "fxy": 0.003449564328891946, "shy": 0.5538393840908717, "lqd": -0.05427446755441522, "hyg": -0.030846138919636855, "pff": -0.011735564561371469, "emb": -0.00027979511502321366, "tip": -0.007514364237256291, "vtv": 0.03246811666923208, "xlk": -0.013624765833257774, "xlf": -0.008278916498137587, "xle": -0.0005656995713656932, "xlv": -0.00871837731572132, "xlp": -0.002296028656026803, "xlu": -0.003210413375267165, "xly": -0.004927812514224584, "xlb": -0.005102025289632386, "dbb": -0.004981566957565542}, "r2": 0.9384933453406962, "alpha_ann": 0.0016155366691792013, "alpha_t": 0.19650297784705492}, "corr_portfolio": -0.17484520489643376, "corr_benchmark": 0.5721332188324113, "verdict": "sleeve mix (R\u00b2 high) - 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Rowe Price U.S. Treasury Long-Term Index Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.009015422574638797, "ivv": 0.031975937944623015, "iwm": -0.0032957112745003506, "efa": 0.0013309935288993806, "vwo": 0.008207857519386163, "vnq": -0.0016950904697441997, "bil": -0.1956041631466292, "shv": 0.5856199406966586, "ief": 0.13196809181420918, "tlt": 0.8862665936300974, "vblix": 0.6993935852735214, "agg": -0.31324820655239916, "vweax": -0.11955458084691231, "vmbix": 0.15113027942232096, "djp": -0.0025985608589153813, "gsg": -0.0017840932250076087, "gld": 0.006753433167509768, "fxe": -0.0033666075768534805, "fxy": -0.00033942804313728006, "shy": 0.04765461934663168, "lqd": 0.08762695819417506, "hyg": 0.0240215156650205, "pff": -0.08553808428583337, "emb": -0.07447939371712653, "tip": -0.0007955432916540438, "vtv": 0.03070950398690259, "xlk": 0.0018587340407238894, "xlf": -0.014566361612086237, "xle": -0.003530082861023688, "xlv": 0.0026361184344200236, "xlp": 0.006160004207828607, "xlu": 0.005748072595763219, "xly": 0.0032751982491357277, "xlb": -0.005970589100862693, "dbb": 0.00028736424400040237}, "r2": 0.9811387989908392, "alpha_ann": -0.00653304836829127, "alpha_t": -1.243991614128065}, "rec5": {"n": 1416, "betas": {"qqq": 0.0008180111113280236, "ivv": 0.08068332360857444, "iwm": 0.0001681757681401109, "efa": -0.010620118724203459, "vwo": 0.004241255836159785, "vnq": -0.0012693438966336606, "bil": -0.11934217168001493, "shv": -0.08798102823426808, "ief": 0.24758265759379627, "tlt": 0.8912926413537499, "vblix": 0.5609394412914358, "agg": -0.1333200385202148, "vweax": -0.014896270576658448, "vmbix": 0.012952077751975592, "djp": -0.007117824199962854, "gsg": 0.0029927801804096234, "gld": 0.00027876922237045224, "fxe": 0.0021442062760016114, "fxy": -0.001969320188800364, "shy": 0.03967297998556856, "lqd": -0.11388939958584665, "hyg": -0.001418372789008548, "pff": -0.019064512922915264, "emb": -0.013211914851599432, "tip": -0.01619754222691743, "vtv": 0.002958699612744912, "xlk": -0.01572093233343233, "xlf": -0.012709596456622372, "xle": -0.001286463585725607, "xlv": -0.003159073056727628, "xlp": -0.0006221048891191675, "xlu": -0.0018108534090313033, "xly": -0.004906592676825538, "xlb": -0.0005534941068317933, "dbb": 0.0018769474492225605}, "r2": 0.9921224383246416, "alpha_ann": 0.0033073810266946516, "alpha_t": 0.46338361939061457}, "corr_portfolio": -0.18938618092441037, "corr_benchmark": 0.624126208355459, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.0048431885948177706, "alpha_t_5y": -0.8691385650874103, "alpha_t_full": 2.908286597691502, "r2_5y": 0.991495927854666, "alpha_pos_frac": 0.48554913294797686}, "prvax": {"name": "T. Rowe Price Virginia Tax-Free Bond Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.01112766090567776, "ivv": -0.02037152620303216, "iwm": -0.003219068847253242, "efa": -0.02752606920323965, "vwo": 0.013679863608743705, "vnq": 0.023343143223488273, "bil": -0.10619440810073244, "shv": 0.3613527730090946, "ief": 0.030099390393718874, "tlt": 0.01252445118017759, "vblix": 0.2424732038732154, "agg": 0.1422370846896143, "vweax": 0.2196622589929484, "vmbix": 0.0393757191398564, "djp": 0.0012090622803166973, "gsg": -0.0030925417609576926, "gld": 0.00047248351753072964, "fxe": 0.016810541133754305, "fxy": 0.021221199081489176, "shy": -0.11558365643536499, "lqd": 0.07105848114626567, "hyg": -0.04463704178962416, "pff": 0.02707355205089644, "emb": -0.04424836221754535, "tip": -0.06281698622020505, "vtv": 0.0747351545781255, "xlk": 0.013624408432842247, "xlf": -0.03713950111446693, "xle": -0.01048494895410552, "xlv": -0.003562829817473602, "xlp": 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Rowe Price Balanced Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.0692623187522102, "ivv": 0.2650113852830108, "iwm": 0.01785425981535415, "efa": 0.18668732602150798, "vwo": 0.014468841746631869, "vnq": 0.0031511232596731754, "bil": -0.09019382569758855, "shv": 0.6113677218693674, "ief": 0.13589192210038267, "tlt": 0.02954916768860578, "vblix": 0.24243721245505417, "agg": -0.4394642857684814, "vweax": 0.019492035299186194, "vmbix": 0.20886920045830834, "djp": 0.00434380025458776, "gsg": -0.004700638991496852, "gld": 0.005349850013620875, "fxe": 0.0037656327196611103, "fxy": -0.0015972315489587016, "shy": 0.10912700233677843, "lqd": 0.14355009472058558, "hyg": 0.03710595166388367, "pff": -0.059555820351745614, "emb": -0.02850951192163454, "tip": 0.022327203459114046, "vtv": -0.02290560782655914, "xlk": 0.01715548581467979, "xlf": 0.02640205713282272, "xle": 0.007609270565349432, "xlv": 0.03653262512391835, "xlp": -0.005165846882047542, "xlu": 0.014463438679812424, "xly": 0.014128906152004558, "xlb": 0.015298933370367349, "dbb": 0.0014237647111087527}, "r2": 0.972860223011554, "alpha_ann": -0.008688808616171375, "alpha_t": -1.6739473075189242}, "rec5": {"n": 1416, "betas": {"qqq": 0.04051205089327464, "ivv": 0.3685507263925304, "iwm": 0.024416973417088542, "efa": 0.17923303486100103, "vwo": 0.011225714596516124, "vnq": 0.006987852253454749, "bil": 0.0200572696577559, "shv": 0.32678715472375375, "ief": 0.07232890649995471, "tlt": 0.029415939275375474, "vblix": 0.0628828880442719, "agg": -0.04756521835087472, "vweax": 0.06450122558030551, "vmbix": 0.12134242826135777, "djp": 0.0009289691279229178, "gsg": -0.0008462577684174954, "gld": 0.012324155199045608, "fxe": 0.010232982693166711, "fxy": -0.005960733121176698, "shy": 0.016550449926139077, "lqd": 0.012152271420752677, "hyg": -0.01363198764910587, "pff": -0.022198896690807095, "emb": 0.0008924708775141752, "tip": 0.0060787461280065545, "vtv": -0.05286593344662529, "xlk": -0.0008195845699802486, "xlf": 0.02128124087329427, "xle": 0.008033833895583502, "xlv": 0.0112093280236258, "xlp": 0.0018355591057704452, "xlu": 0.0035113336082330964, "xly": -0.002212902203288316, "xlb": 0.013819323686287157, "dbb": 0.001023386007277239}, "r2": 0.9807416773186679, "alpha_ann": -0.017170794514888038, "alpha_t": -2.032988139170007}, "corr_portfolio": 0.30741828004474064, "corr_benchmark": 0.6673396322125112, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.006546833197236385, "alpha_t_5y": -0.981976917272869, "alpha_t_full": 4.608517618965861, "r2_5y": 0.9787322083710319, "alpha_pos_frac": 0.5650224215246636}, "rpfix": {"name": "Royce Premier Fund", "local": true, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.18240239644089623, "ivv": 0.07601311779099668, "iwm": 0.5186967811651625, "efa": 0.06541439159150575, "vwo": 0.02103566247810527, "vnq": 0.0015372141435676218, "bil": -0.9769857018928669, "shv": 0.955104746278163, "ief": -0.12866191008427266, "tlt": 0.02745506829395063, "vblix": -0.11255116920901445, "agg": -0.09506350891615224, "vweax": 0.06178164107002353, "vmbix": 0.12203947558886453, "djp": -0.03593211438468529, "gsg": 0.01622850765664884, "gld": -0.030853751173392372, "fxe": -0.08156169682412855, "fxy": -0.036403752541453414, "shy": 0.3376467171788606, "lqd": 0.05570015781600995, "hyg": -0.03931310993412415, "pff": 0.07689255138577633, "emb": 0.0757743517169863, "tip": -0.12611844425256624, "vtv": 0.5742886281307449, "xlk": 0.09826662251949055, "xlf": -0.13983154446816135, "xle": -0.06809936354489173, "xlv": -0.1016688518440478, "xlp": -0.04953965847885038, "xlu": -0.08777103484142146, "xly": 0.0540832780554218, "xlb": 0.18692395884608282, "dbmf": -0.027113528605324847, "dbb": -0.013537232628270226}, "r2": 0.930157295940247, "alpha_ann": -0.012252033101853393, "alpha_t": -0.4224649690391888}, "rec5": {"n": 1416, "betas": {"qqq": -0.2432273817525934, "ivv": 0.11440029942999094, "iwm": 0.5212740845684102, "efa": 0.06850270388809085, "vwo": -0.011260563565598633, "vnq": 0.014204980917624798, "bil": -1.6031317660760425, "shv": 2.0001474741195944, "ief": 0.10837733523026055, "tlt": 0.08940371419458941, "vblix": -0.02580483699948325, "agg": -0.7236784454559582, "vweax": 0.037934537437548, "vmbix": 0.16724121993921348, "djp": -0.020707473147749917, "gsg": 0.01526410074740578, "gld": -0.04027078926013641, "fxe": -0.05545927549348803, "fxy": -0.030935421761308424, "shy": 0.39760402726274807, "lqd": 0.14870109990211794, "hyg": -0.020656664974986798, "pff": 0.018792120487091096, "emb": 0.019300417156349052, "tip": -0.05652844182220609, "vtv": 0.5891018217352003, "xlk": 0.11811679405071394, "xlf": -0.1569322732152723, "xle": -0.09199434882092711, "xlv": -0.10864211702909386, "xlp": -0.0582402889514416, "xlu": -0.09951456360897543, "xly": 0.09060551708405101, "xlb": 0.21115823471933204, "dbmf": -0.0036188428891947722, "dbb": -0.012833147416534414}, "r2": 0.9073341629665248, "alpha_ann": -0.01915424454045686, "alpha_t": -0.5600417504189985}, "corr_portfolio": 0.28508784181307295, "corr_benchmark": 0.5306477209931296, "verdict": "sleeve mix (R\u00b2 high) - 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Rowe Price Global Allocation Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.05421947543458164, "ivv": 0.04620071579957517, "iwm": 0.04870964568442503, "efa": 0.1060614896016366, "vwo": 0.07634118990592605, "vnq": 0.012155019754728427, "shv": 0.0017581929014216205, "ief": 0.019623940102928825, "tlt": 0.0011292473701965881, "vblix": 0.08660405371804615, "agg": -0.03549617466250047, "vweax": 0.06961319347280767, "vmbix": 0.02909806310059575, "djp": -0.008166292935548715, "gsg": -0.0020049124357217965, "gld": 0.015012839867036944, "fxe": 0.021052760348591396, "fxy": 0.006969227097016856, "shy": -0.0021961941221681327, "lqd": 0.07231341288637999, "hyg": 0.02921601925801283, "pff": -0.07546546401193593, "emb": -0.013627892148361683, "tip": 0.01888632372235844, "vtv": 0.042407992260541684, "xlk": 0.054332791712173145, "xlf": 0.023641024028093555, "xle": 0.004773024915182157, "xlv": 0.03670219188909187, "xlp": -0.005031758125215247, "xlu": 0.014141704343843957, "xly": 0.017332733033851185, "xlb": 0.02957077323095642, "dbmf": 0.01525616599641628, "dbb": 0.003213374707891164}, "r2": 0.9377206413538535, "alpha_ann": -0.01896635640371928, "alpha_t": -1.6771533137541186}, "rec5": {"n": 1416, "betas": {"qqq": 0.047317290954123015, "ivv": 0.0490494429792386, "iwm": 0.049142366186547236, "efa": 0.1019031033816575, "vwo": 0.07453900930334467, "vnq": 0.017200203884967395, "shv": 0.0005854010120825509, "ief": 0.01494075956783684, "tlt": 0.017527936829446915, "vblix": 0.018359030412832898, "agg": 0.011980375987359768, "vweax": 0.03584412306296302, "vmbix": 0.012936569098391335, "djp": -0.00336745139434389, "gsg": -0.0009620141806431946, "gld": 0.013801284228334766, "fxe": 0.012194729446127638, "fxy": -0.00082425137361698, "shy": 0.0016646117996547915, "lqd": 0.015326758808162876, "hyg": 0.0033789593563971986, "pff": 0.005321693653322998, "emb": 0.013517202885228551, "tip": 0.01175908609491089, "vtv": 0.03022350281772908, "xlk": 0.04804840685496723, "xlf": 0.032267565826881305, "xle": 0.0062495972395588805, "xlv": 0.0204555308055539, "xlp": -0.001980784445052217, "xlu": 0.003169939780654916, "xly": 0.017877375114295786, "xlb": 0.03344852008225024, "dbmf": 0.00787844533717105, "dbb": 0.004629818389406078}, "r2": 0.9567901550213551, "alpha_ann": -0.014890088841230316, "alpha_t": -1.491717530218591}, "corr_portfolio": 0.32895422170119604, "corr_benchmark": 0.6262946395967832, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -7.963935197204956e-05, "alpha_t_5y": -0.009957199311058712, "alpha_t_full": 0.889657315569264, "r2_5y": 0.9599918799669865, "alpha_pos_frac": 0.47058823529411764}, "rpgex": {"name": "T. Rowe Price Global Growth Stock Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.2512265774971458, "ivv": 0.3937470191944735, "iwm": 0.10563724358816018, "efa": 0.16605157229257314, "vwo": 0.19383205794617658, "vnq": -0.007672890812016991, "bil": 0.5113687016482287, "shv": 0.00942324201346324, "ief": 0.1492935845835773, "tlt": 0.01573702337419095, "vblix": 0.21488765037540256, "agg": -0.1730057434248867, "vweax": 0.0008498917533200839, "vmbix": -0.17298958790813493, "djp": -0.007563464515785078, "gsg": 0.00840384820145209, "gld": -0.009121885709261025, "fxe": 0.018101562309024294, "fxy": -0.007150346718964778, "shy": -0.022499207940305205, "lqd": 0.015869446416159182, "hyg": 0.05437170015611753, "pff": 0.05714298876287152, "emb": -0.031090292293018365, "tip": 0.05053429430249222, "vtv": -0.3772481443970078, "xlk": -0.0016012157891308926, "xlf": 0.08439465786494066, "xle": -0.0082703680857084, "xlv": 0.08375617494315318, "xlp": -0.06318590769714957, "xlu": 0.03598364307197494, "xly": -0.0075767781681307655, "xlb": 0.0390985520587811, "dbmf": 0.002119392360010984, "dbb": -0.00831867896489051}, "r2": 0.9532512716041852, "alpha_ann": -0.024709436849372556, "alpha_t": -1.2404980830773775}, "rec5": {"n": 1416, "betas": {"qqq": 0.37068394890309664, "ivv": 0.3286608199747933, "iwm": 0.10835658036189873, "efa": 0.16196660201625074, "vwo": 0.19708551211933514, "vnq": -0.005012724669424457, "bil": 0.6159290443050002, "shv": 0.3149469135271702, "ief": 0.17334724029754786, "tlt": 0.027991026546602793, "vblix": 0.32185936977760204, "agg": -0.07392928745613503, "vweax": -0.039651840972268565, "vmbix": -0.13189128472556583, "djp": -0.021772855313940746, "gsg": 0.022210989454482747, "gld": -0.0015022142545445558, "fxe": 0.010481859577177507, "fxy": -0.02327791780683501, "shy": -0.2095503146267005, "lqd": -0.13262477506130735, "hyg": 0.07856564901700776, "pff": 0.048207692482215764, "emb": 0.00015721351072531928, "tip": 0.020786680719810373, "vtv": -0.35740378931099553, "xlk": -0.054366313106079964, "xlf": 0.09522625497297833, "xle": -0.0020247089718613736, "xlv": 0.0831095332463565, "xlp": -0.06624300914866728, "xlu": 0.0351799860727082, "xly": -0.03193821507128959, "xlb": 0.03558410316431772, "dbmf": -0.01566113950595653, "dbb": -0.007589035523396501}, "r2": 0.9440343325545503, "alpha_ann": -0.06109184485568158, "alpha_t": -2.615083668246292}, "corr_portfolio": 0.2226134934664939, "corr_benchmark": 0.6021993657481696, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.052100081175726606, "alpha_t_5y": -2.7353639013522235, "alpha_t_full": -1.3221919637429767, "r2_5y": 0.9340000004558334, "alpha_pos_frac": 0.5}, "rpgix": {"name": "T. Rowe Price Global Industrials Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.21496135121414442, "ivv": 0.3885128346639701, "iwm": 0.12731765841225823, "efa": 0.47079165221286545, "vwo": 0.048810212701380674, "vnq": -0.060202871387567004, "bil": -0.3814290789949495, "shv": 0.05639126972132035, "ief": 0.06869679003510484, "tlt": 0.08449403135273391, "vblix": 0.1987188463002169, "agg": -0.2885607280338965, "vweax": 0.07340184206444733, "vmbix": -0.008798375553666386, "djp": -0.0415909195362767, "gsg": 0.007383609177861769, "gld": 0.006728786501672586, "fxe": -0.008809195630740582, "fxy": -0.04801794218078151, "shy": 0.4080144903954856, "lqd": -0.0937171353283639, "hyg": -0.00350919060375877, "pff": 0.009044340137692999, "emb": 0.026125711523596273, "tip": 0.01010407643936803, "vtv": 0.7879864521537527, "xlk": 0.048460737711501486, "xlf": -0.19187519100896883, "xle": -0.0699701706257384, "xlv": -0.20705689196607172, "xlp": -0.19566113011251918, "xlu": -0.09314145817311888, "xly": 0.13435575140736572, "xlb": 0.07417717992852849, "dbmf": 0.005490376366936142, "dbb": 0.004309076474903885}, "r2": 0.9347498579974081, "alpha_ann": 0.008339448064039157, "alpha_t": 0.3163383707401011}, "rec5": {"n": 1416, "betas": {"qqq": -0.13806770194572743, "ivv": 0.35838676220809423, "iwm": 0.12897787604119412, "efa": 0.48485662828104154, "vwo": 0.04659119286106922, "vnq": -0.06995620150837406, "bil": -0.5003191720156068, "shv": 0.8463794277507185, "ief": 0.06133522455168379, "tlt": 0.042807338560523704, "vblix": 0.25786186928483645, "agg": -0.27576763544753724, "vweax": 0.041033946342426776, "vmbix": 0.0343842761969477, "djp": -0.025786148010193306, "gsg": 0.0017551796976209135, "gld": 0.015901085961885546, "fxe": -0.048044611718573896, "fxy": -0.0525712663301032, "shy": 0.1576542947322964, "lqd": -0.02535588652174033, "hyg": 0.038667872282789784, "pff": -0.032187662989164235, "emb": 0.022569333377334366, "tip": -0.023961722198553075, "vtv": 0.8737627785508022, "xlk": -0.005356496513625701, "xlf": -0.22464719929560062, "xle": -0.08368501758113359, "xlv": -0.2196968713440778, "xlp": -0.19920556337774106, "xlu": -0.07617395308448592, "xly": 0.1355673543052949, "xlb": 0.06714135613764165, "dbmf": -0.006723929102538035, "dbb": -0.005519592039196792}, "r2": 0.9179661779257372, "alpha_ann": -0.03829498152978607, "alpha_t": -1.2088907126244826}, "corr_portfolio": 0.33349915902714317, "corr_benchmark": 0.5609579050380327, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.027563985481858844, "alpha_t_5y": -1.0048247399895274, "alpha_t_full": -0.20076647213297838, "r2_5y": 0.8912110594712765, "alpha_pos_frac": 0.47297297297297297}, "rpgrx": {"name": "T. Rowe Price Target 2035 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.015025160191746767, "ivv": 0.32239662561631793, "iwm": 0.08352304163998668, "efa": 0.12766143064158705, "vwo": 0.03500521398258081, "vnq": 0.02010246655575464, "bil": -0.7547835692400158, "shv": 0.6175298582974668, "ief": 0.29076176422506, "tlt": 0.13816915792551732, "vblix": -0.13967736158581787, "agg": -0.9532713193418549, "vweax": 0.15624954102072514, "vmbix": 0.17928420823268687, "djp": -0.0008813859563396486, "gsg": 0.003262648688183582, "gld": 0.013611669627295408, "fxe": 0.02861797064971065, "fxy": 0.012335663534929733, "shy": 0.23901855395467833, "lqd": -0.023423194811024967, "hyg": 0.09550875953567221, "pff": -0.0011612437496344868, "emb": 0.08427130351880471, "tip": 0.016957508879079833, "vtv": -0.08876953095016442, "xlk": -0.019707531606303157, "xlf": -0.012368735708344483, "xle": 0.017906448975201297, "xlv": 0.028617520050913746, "xlp": -0.06023578141364372, "xlu": 0.011926324592251715, "xly": 0.019830948496372076, "xlb": 0.05027768778212127, "dbmf": -0.005803413727086095, "dbb": -0.003573377716084184}, "r2": 0.9218420872636985, "alpha_ann": 0.008370174896860236, "alpha_t": 0.5173722427138866}, "rec5": {"n": 1416, "betas": {"qqq": 0.05247651685203206, "ivv": 0.2680636164452346, "iwm": 0.06800431823752, "efa": 0.13215957075452156, "vwo": 0.055818636995902976, "vnq": 0.01894820047996012, "bil": -0.11676196468715326, "shv": 0.5682960162236529, "ief": 0.07308623409156484, "tlt": 0.021889980323501985, "vblix": 0.0701114287550901, "agg": -0.08683109600891796, "vweax": 0.07627778088441176, "vmbix": 0.07117772066783051, "djp": -0.008051961613913338, "gsg": 0.008328004132161825, "gld": 0.007981049511522348, "fxe": 0.014928418192231304, "fxy": -0.005914965600072137, "shy": -0.03782821445091197, "lqd": 0.02130807500514573, "hyg": -0.0033673669241716525, "pff": -0.02315345039140987, "emb": 0.0036400471992930903, "tip": 0.03757992840324547, "vtv": -0.016331030590212927, "xlk": -0.004195078356832352, "xlf": 0.011894687338441772, "xle": 0.00764683451752319, "xlv": 0.01191167717965465, "xlp": 0.00023586604586635774, "xlu": -0.0021336517714681136, "xly": -0.006271093371864881, "xlb": 0.022857252664977748, "dbmf": 0.00881887106520305, "dbb": -0.0010840101847791224}, "r2": 0.9690085270292865, "alpha_ann": -0.020475487097972363, "alpha_t": -1.9485657439726791}, "corr_portfolio": 0.2999280457369745, "corr_benchmark": 0.6306955546981389, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.0066329403953624974, "alpha_t_5y": -0.8121941930140097, "alpha_t_full": 0.35192355940701103, "r2_5y": 0.9667879206289048, "alpha_pos_frac": 0.5266666666666666}, "rpibx": {"name": "T. 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alpha-driven", "alpha_ann_5y": 0.006460312480722772, "alpha_t_5y": 0.22936172932049853, "alpha_t_full": 0.6688885515167858, "r2_5y": 0.9085046225608513, "alpha_pos_frac": 0.4222222222222222}, "scfzx": {"name": "PGIM Securitized Credit Fund", "local": false, "alpha_name": false, "full": {"n": 1796, "betas": {"qqq": 0.033601547726530144, "ivv": 0.054355535817111375, "iwm": 0.015219026343337988, "efa": -0.014540083683751195, "vwo": 0.007703652017838203, "vnq": 0.00810614291017472, "bil": 0.8319334457886622, "shv": -1.5028228104396577, "ief": -0.006511964549421073, "tlt": 0.08760013865970047, "vblix": 0.31264336195036835, "agg": -0.015581657722408462, "vweax": 0.2524698694250831, "vmbix": -0.14151312923024104, "djp": -0.008252221696075368, "gsg": 0.013796749095296245, "gld": -0.00177132310849663, "fxe": -0.015494414641416196, "fxy": 0.008820245136453754, "shy": 0.1797930585360272, "lqd": -0.15095067362930098, "hyg": 0.0033018657100373225, "pff": -0.06028547824977782, "emb": 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Rowe Price Target 2050 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.033505947974305866, "ivv": 0.4584270625332146, "iwm": 0.11792804804139002, "efa": 0.1839265226268496, "vwo": 0.04448238636789134, "vnq": 0.02065114942219888, "bil": -0.9867935342769261, "shv": 0.9537981102871078, "ief": 0.32557265172383526, "tlt": 0.18756869665164022, "vblix": -0.21095927631293573, "agg": -1.2252126256358873, "vweax": 0.16322898522945992, "vmbix": 0.18069594442093426, "djp": 0.0013618716752962963, "gsg": 0.0007875780057222736, "gld": 0.020542977226343125, "fxe": 0.04249138316922828, "fxy": 0.0016060711653551108, "shy": 0.3189862139695108, "lqd": -0.026582496586592053, "hyg": 0.079579335117163, "pff": -0.004445017834141393, "emb": 0.09007361739309208, "tip": -0.01482128439227545, "vtv": -0.10676058752645463, "xlk": -0.035120348477179326, "xlf": -0.024352758806803557, "xle": 0.018106564123173484, "xlv": 0.029152658209092727, "xlp": -0.08839352286374551, "xlu": 0.008347476635140802, "xly": 0.026731178128518322, "xlb": 0.0655623297280035, "dbmf": -0.007195472782881948, "dbb": -0.0037259849193423747}, "r2": 0.9290469422700345, "alpha_ann": 0.005060670191242641, "alpha_t": 0.25146456932361794}, "rec5": {"n": 1416, "betas": {"qqq": 0.05964092034462179, "ivv": 0.4039663926649756, "iwm": 0.09345046102234436, "efa": 0.18907211596792833, "vwo": 0.07865702747285837, "vnq": 0.021921156239043026, "bil": 0.04467418367349085, "shv": 0.5481518787236072, "ief": 0.026801430756571328, "tlt": 0.026524528552214956, "vblix": 0.09796995511188879, "agg": -0.11714868093467584, "vweax": 0.05016895124922132, "vmbix": 0.042235275627569374, "djp": -0.0070238522013921344, "gsg": 0.005986334132904083, "gld": 0.015609877915893203, "fxe": 0.011317777740686208, "fxy": -0.017339215776360814, "shy": -0.04190911114471097, "lqd": 0.038157117488707835, "hyg": -0.0006604284621399215, "pff": -0.025794041238661764, "emb": -0.016173685230748535, "tip": 0.004027897512635484, "vtv": -0.008257684677451407, "xlk": -0.0034034609857172575, "xlf": 0.0018278698893315418, "xle": 0.00831712452418303, "xlv": 0.016623208838215713, "xlp": -0.008077790092459998, "xlu": -0.0038114677712147416, "xly": -0.008933373928022785, "xlb": 0.029172586295628758, "dbmf": 0.007398708330632296, "dbb": -0.0027607692426024413}, "r2": 0.970329995523268, "alpha_ann": -0.03043424854844489, "alpha_t": -2.1907295974832173}, "corr_portfolio": 0.2964354168647663, "corr_benchmark": 0.6035326497293934, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.01026668355218297, "alpha_t_5y": -0.9594127679495172, "alpha_t_full": 0.32897207079874413, "r2_5y": 0.9688161724909243, "alpha_pos_frac": 0.4866666666666667}, "trgrx": {"name": "T. Rowe Price Global Real Estate Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.01646679841961156, "ivv": -0.04675844304701341, "iwm": -0.014570253378895701, "efa": 0.21507926169143476, "vwo": 0.02218326226918804, "vnq": 0.7042172265348245, "bil": 0.30685557635643274, "shv": 0.2877457863239547, "ief": 0.11236495472093037, "tlt": 0.04673071940165133, "vblix": 0.12718529225718067, "agg": -0.5591970365720276, "vweax": 0.14010814756095047, "vmbix": 0.135271480156089, "djp": 0.017200787995181273, "gsg": -0.007421154488179625, "gld": 0.008301986962025732, "fxe": 0.09367498754298884, "fxy": 0.017652927894563245, "shy": 0.04557963530359344, "lqd": 0.1675530073442741, "hyg": -0.12726094211540254, "pff": -0.025904349227530734, "emb": 0.028287197157888883, "tip": -0.02343204326265657, "vtv": 0.07641250446760217, "xlk": -0.012683744486699013, "xlf": 0.007812341136934118, "xle": 0.013468707424683249, "xlv": -0.03975708133732931, "xlp": -0.058045227967449, "xlu": -0.014745946245025713, "xly": 0.03921838406450981, "xlb": -0.008419470844689754, "dbmf": -0.007626725556195597, "dbb": -0.010274484220343}, "r2": 0.943873695045013, "alpha_ann": -0.03583031273310437, "alpha_t": -1.6974662069863473}, "rec5": {"n": 1416, "betas": {"qqq": -0.013492227487538644, "ivv": -0.028639194315380097, "iwm": -0.027996924506090846, "efa": 0.22174847007625384, "vwo": 0.03104800409521059, "vnq": 0.7207751555842986, "bil": 0.8293479153059737, "shv": -0.8131477234318685, "ief": 0.14521240085654694, "tlt": -0.023205573595798376, "vblix": -0.010761899782461672, "agg": -0.202043620747512, "vweax": 0.16210806027173733, "vmbix": 0.03726302395858131, "djp": 0.015364959055945898, "gsg": -0.00021283446314979585, "gld": 0.00022749886438183891, "fxe": 0.04282783702665726, "fxy": 0.009328177119718135, "shy": -0.11287457321490288, "lqd": 0.06484776564269407, "hyg": -0.0413578023430045, "pff": -0.05282611373623547, "emb": 0.019379847037152165, "tip": 0.020510175209949473, "vtv": 0.022294837218602953, "xlk": -0.0022724989051967934, "xlf": 0.014541029056048782, "xle": -0.004054681846319968, "xlv": -0.022030044714113434, "xlp": -0.01822158178184204, "xlu": -0.011671091537958901, "xly": 0.016494562166395027, "xlb": -7.684032630241727e-05, "dbmf": 0.008561266376616247, "dbb": -0.012269973163355074}, "r2": 0.945053382298313, "alpha_ann": -0.02888829394041895, "alpha_t": -1.3782299994309384}, "corr_portfolio": 0.3017466432737209, "corr_benchmark": 0.5859666293413365, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.029011289359265325, "alpha_t_5y": -1.8113436986791285, "alpha_t_full": -2.021668840175893, "r2_5y": 0.942678312657112, "alpha_pos_frac": 0.5384615384615384}, "trhrx": {"name": "T. Rowe Price Target 2040 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.022457066503680873, "ivv": 0.3763817887407708, "iwm": 0.09985990500056889, "efa": 0.14785788802962085, "vwo": 0.03884670383160831, "vnq": 0.02063361417623244, "bil": -0.6915220471442034, "shv": 0.5806272664063564, "ief": 0.29871586865673366, "tlt": 0.16153353106320617, "vblix": -0.17159189688771084, "agg": -1.0584204651631686, "vweax": 0.16408816530124865, "vmbix": 0.18580900909564668, "djp": 0.0014639528804157745, "gsg": 0.0018695228718296852, "gld": 0.0158738037577347, "fxe": 0.039310583027429194, "fxy": 0.008389413749200547, "shy": 0.2636158283934787, "lqd": -0.019184055667530925, "hyg": 0.08418084313630983, "pff": -0.0006605009596916697, "emb": 0.08785677077398407, "tip": -0.004871268505123822, "vtv": -0.10001816008163948, "xlk": -0.02597059688633605, "xlf": -0.018012742358683057, "xle": 0.01723960825758744, "xlv": 0.030497452474696277, "xlp": -0.07211564670493963, "xlu": 0.011612413238841969, "xly": 0.023179618148090782, "xlb": 0.0556977008889112, "dbmf": -0.00849760463960262, "dbb": -0.00424152704186484}, "r2": 0.924284990516634, "alpha_ann": 0.007258521534829653, "alpha_t": 0.40679049781873344}, "rec5": {"n": 1416, "betas": {"qqq": 0.04956910347742932, "ivv": 0.3170773590551492, "iwm": 0.07992079428509705, "efa": 0.15158589633781835, "vwo": 0.06682640938178666, "vnq": 0.020287511965151505, "bil": 0.12281303003556893, "shv": 0.4100504997185478, "ief": 0.041057147126830194, "tlt": 0.02399351325864262, "vblix": 0.07186294257746009, "agg": -0.06860713501171666, "vweax": 0.07321520770712404, "vmbix": 0.058851804375541814, "djp": -0.0077506826385104624, "gsg": 0.008677611226255539, "gld": 0.010748096665601427, "fxe": 0.01803750480947747, "fxy": -0.011950539309637125, "shy": -0.04883051173016989, "lqd": 0.03103001917848861, "hyg": -0.013387181526046106, "pff": -0.018648906919394623, "emb": -0.0027980600134482597, "tip": 0.020311262062773273, "vtv": -0.024269637455927476, "xlk": 0.0025867041649169586, "xlf": 0.01009991803237034, "xle": 0.008008356952267986, "xlv": 0.017481347991854718, "xlp": -0.0018251210546446272, "xlu": -0.0014356925651648105, "xly": -0.005222980501382372, "xlb": 0.025686902006356687, "dbmf": 0.005152343443171437, "dbb": -0.0022338217366695487}, "r2": 0.9697533324530078, "alpha_ann": -0.025976258144049316, "alpha_t": -2.19697895224847}, "corr_portfolio": 0.29687643803098435, "corr_benchmark": 0.6203384576671678, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.007532397454080434, "alpha_t_5y": -0.8233169367423578, "alpha_t_full": 0.9384294633981347, "r2_5y": 0.9679178745026998, "alpha_pos_frac": 0.5133333333333333}, "trhyx": {"name": "T. Rowe Price Institutional High Yield Fund", "local": true, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.0007721632220096253, "ivv": -0.005224743034406505, "iwm": 0.018747205043076812, "efa": -0.009873581624798154, "vwo": -0.009650713773894199, "vnq": -0.010153134488117636, "bil": 0.4968723550981017, "shv": -0.17896942236032562, "ief": -0.03575488824618295, "tlt": 0.14412447374409476, "vblix": 0.08215635739141063, "agg": -0.6863972644536432, "vweax": 0.8909496691033931, "vmbix": 0.034818530225920345, "djp": 0.020954199959257423, "gsg": -0.0194257644458691, "gld": -0.0061302878278036935, "fxe": 0.046238705499827004, "fxy": 0.02055970100796429, "shy": 0.5723723310333024, "lqd": 0.07607457696861208, "hyg": 0.011060439081488307, "pff": 0.06819979285780838, "emb": -0.05625543448134929, "tip": 0.039259331250265164, "vtv": 0.018102203705452975, "xlk": -0.006847622790711668, "xlf": -0.014912879309386168, "xle": 0.0023419387664071565, "xlv": -0.0025599936737921015, "xlp": -0.04026475059250077, "xlu": 0.018603262254405003, "xly": 0.015360542048504962, "xlb": 0.014185238207264486, "dbmf": -0.014214449811785148, "dbb": 0.003099181718059351}, "r2": 0.7888441821127877, "alpha_ann": -0.001754581138773093, "alpha_t": -0.13288794471561446}, "rec5": {"n": 1416, "betas": {"qqq": -0.02267338334008205, "ivv": 0.04768898749907842, "iwm": -0.0011114411175481497, "efa": 0.010822294421189075, "vwo": 0.0030844390571802692, "vnq": 0.005266357042324169, "bil": 0.37365804124173446, "shv": 0.06702032171976158, "ief": -0.02376153008547848, "tlt": 0.07622169839250204, "vblix": 0.4340436165924505, "agg": 0.08754467386004432, "vweax": 0.8097652886862803, "vmbix": -0.0464536210710912, "djp": 0.006154925511892594, "gsg": 0.0004877118497544167, "gld": -0.005241374064341178, "fxe": -0.00733539997425913, "fxy": 0.00191182010444158, "shy": -0.06930739988710262, "lqd": -0.21976335262520094, "hyg": 0.005732824957862945, "pff": 0.0293803215152904, "emb": 0.0005388395473581648, "tip": 0.003485824932232251, "vtv": 0.018432634441311962, "xlk": 0.00814079128320031, "xlf": -0.0059962656896403, "xle": 0.0010476297416205109, "xlv": -0.00977426649832892, "xlp": -0.016007692295518735, "xlu": 0.002177059343540038, "xly": 0.006504976405246932, "xlb": 0.0017273201183289014, "dbmf": -0.010977222040576547, "dbb": 0.0004916655235576604}, "r2": 0.8599744862227638, "alpha_ann": -0.00345012137233757, "alpha_t": -0.3264166405137702}, "corr_portfolio": 0.2935555395326901, "corr_benchmark": 0.3729841132823971, "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_ann_5y": 0.006405729034093752, "alpha_t_5y": 0.777177236068487, "alpha_t_full": 3.3729580170187567, "r2_5y": 0.849232027075457, "alpha_pos_frac": 0.5664739884393064}, "trigx": {"name": "T. Rowe Price International Value Equity Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.04756906401275035, "ivv": -0.1644917971396732, "iwm": 0.008526260892344317, "efa": 0.8273857704697887, "vwo": 0.047078517470832776, "vnq": -0.004744201263311401, "bil": -0.05257931587391808, "shv": 0.05724715281093264, "ief": -0.04225984402850301, "tlt": -0.033652213240881274, "vblix": 0.0901212630060596, "agg": -0.051057545550091614, "vweax": 0.0977077423214603, "vmbix": 0.06363253481336377, "djp": -0.0022225791629273874, "gsg": -0.01350411531237028, "gld": 0.010637957877023468, "fxe": 0.06732695443831087, "fxy": 0.010871388852805782, "shy": -0.16514722093414522, "lqd": 0.019224273893099195, "hyg": -0.058455706924092285, "pff": 0.037488148792840896, "emb": 0.043156000324260396, "tip": 0.06620419027811793, "vtv": 0.1509782599216066, "xlk": 0.04126077778323201, "xlf": 0.02457797933855871, "xle": 0.030811375520693744, "xlv": -0.009442692044855549, "xlp": -0.028035900375576805, "xlu": -0.01060684481587144, "xly": 0.019378070645114764, "xlb": -0.009060222664332505, "dbb": -0.004734833922293195}, "r2": 0.9488817289630804, "alpha_ann": 0.012668309000609187, "alpha_t": 1.1751160671724088}, "rec5": {"n": 1416, "betas": {"qqq": -0.14422386229565973, "ivv": 0.08150708891773874, "iwm": -0.007298298246013992, "efa": 0.8438526521702078, "vwo": 0.09140726039968793, "vnq": -0.0217493542434858, "bil": -0.047276096434236484, "shv": -0.09802821866550632, "ief": -0.045924516185697706, "tlt": -0.03243175230609114, "vblix": 0.09350080603512964, "agg": -0.2091642424881324, "vweax": -0.01273306066304216, "vmbix": 0.10407498918636612, "djp": 0.01653002620132923, "gsg": -0.02468562302168121, "gld": 0.0025238721948928396, "fxe": 0.11772727699298821, "fxy": -0.020122173289404074, "shy": 0.009961640655213757, "lqd": 0.08981792327761645, "hyg": 0.022873641077409478, "pff": -0.010853685211701733, "emb": 0.0429450741076046, "tip": 0.0326808584809845, "vtv": 0.15221558754624487, "xlk": 0.0002783212899834046, "xlf": -0.0009413770961382389, "xle": 0.012520067843197197, "xlv": -0.052182222389909313, "xlp": -0.018885598202529826, "xlu": -0.018814527529324516, "xly": 0.00805134668992163, "xlb": -0.013654526718598205, "dbb": -0.008160286764372814}, "r2": 0.9468314382088738, "alpha_ann": 0.05291644894487953, "alpha_t": 2.6033302719349023}, "corr_portfolio": 0.4368738108493859, "corr_benchmark": 0.5006283416085692, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.05272058027483133, "alpha_t_5y": 3.328411572025639, "alpha_t_full": 1.8157198763057274, "r2_5y": 0.9427352283734781, "alpha_pos_frac": 0.512396694214876}, "trlax": {"name": "T. Rowe Price Retirement Income 2020 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.009676024567927502, "ivv": 0.2890592407519605, "iwm": 0.06607899629233449, "efa": 0.09607795069646961, "vwo": 0.03142398925456721, "vnq": 0.013017516161745948, "bil": -0.6150348834979604, "shv": 0.2902519412939225, "ief": 0.24539467627287598, "tlt": 0.11901759721248976, "vblix": -0.09995310160731342, "agg": -0.7942367167160874, "vweax": 0.15983175991450682, "vmbix": 0.1884550828732988, "djp": 0.0021660187558245336, "gsg": 0.0005262971102792852, "gld": 0.013733553278573266, "fxe": 0.016503137123922432, "fxy": 0.010664656468413015, "shy": 0.22022798411333694, "lqd": -0.02382089286205518, "hyg": 0.08939858309196598, "pff": 0.0008837146551200153, "emb": 0.08521305802020274, "tip": 0.03041676588222851, "vtv": -0.04264724199975496, "xlk": -0.0182665446013878, "xlf": -0.023098623721845426, "xle": 0.01136129074084874, "xlv": 0.016773544751181785, "xlp": -0.047876051082952724, "xlu": 0.00876665310185412, "xly": 0.013695664061106215, "xlb": 0.033063055872254915, "dbmf": -0.0025397845987032205, "dbb": -0.004191535970818901}, "r2": 0.9113245696748506, "alpha_ann": 0.011358594865773957, "alpha_t": 0.7986608678407658}, "rec5": {"n": 1416, "betas": {"qqq": 0.030511831088678304, "ivv": 0.23158616265208756, "iwm": 0.054713397755527776, "efa": 0.10254755672962175, "vwo": 0.045937171768485004, "vnq": 0.013163192435369902, "bil": -0.13726436091853214, "shv": 0.3916276533330834, "ief": 0.08679565777691031, "tlt": 0.033498516027586196, "vblix": 0.0577123990021923, "agg": -0.14569629647178498, "vweax": 0.09400382178275551, "vmbix": 0.10471289326755635, "djp": -0.0028282709415605027, "gsg": 0.0031520054514010323, "gld": 0.007733159455249943, "fxe": 0.01139039275025405, "fxy": -0.007163100716240044, "shy": 0.04353037897920651, "lqd": 0.02781850288693031, "hyg": -0.016001142979429138, "pff": -0.014904381969066191, "emb": 0.013676518081395951, "tip": 0.055615716923362674, "vtv": 0.004668033447003331, "xlk": -0.007781478756402019, "xlf": 0.0006099294309497161, "xle": 0.002562059899793467, "xlv": 0.0010123149506751237, "xlp": -0.002657560349788599, "xlu": -0.0024617398415137334, "xly": -0.005149042316826169, "xlb": 0.012315195332659231, "dbmf": 0.012820724000168912, "dbb": -0.0013682130261631828}, "r2": 0.9626560322878712, "alpha_ann": -0.014296186827281482, "alpha_t": -1.533035645619383}, "corr_portfolio": 0.2584422867756668, "corr_benchmark": 0.6891757502935738, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.005230481137787123, "alpha_t_5y": -0.7182843293542832, "alpha_t_full": -0.06532677661208176, "r2_5y": 0.9595985942813768, "alpha_pos_frac": 0.5619047619047619}, "trlgx": {"name": "T. Rowe Price Large-Cap Growth Fund", "local": true, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.43572409196211354, "ivv": 1.1221801776081766, "iwm": 0.04670591751344802, "efa": 0.0029301365109110967, "vwo": 0.029819037153047352, "vnq": -0.004016428589183276, "bil": 0.4281004278289062, "shv": 0.03457825685226793, "ief": -0.1250249746572103, "tlt": 0.017801976022931185, "vblix": 0.03850650166794585, "agg": 0.054296353805794034, "vweax": -0.004029712267491751, "vmbix": -0.0675320940580303, "djp": -0.00992769388042623, "gsg": 0.0011167565169705042, "gld": -0.007988169196392673, "fxe": -0.001539666864512831, "fxy": -0.021723312404459835, "shy": 0.3521716025087247, "lqd": 0.005530736180146294, "hyg": 0.05239111782359287, "pff": 0.018264681737028242, "emb": -0.02748662737162728, "tip": 0.03873913725752364, "vtv": -0.8876766229147769, "xlk": -0.09994656370832819, "xlf": 0.1238182976396858, "xle": 0.020602494573329445, "xlv": 0.17275416064158527, "xlp": -0.05201516918677839, "xlu": 0.001730001956213305, "xly": 0.016306910414119136, "xlb": 0.03273650866037531, "dbb": 0.0041356578917647255}, "r2": 0.9567975534291004, "alpha_ann": -0.00967918718659605, "alpha_t": -0.7943810566731251}, "rec5": {"n": 1416, "betas": {"qqq": 0.33827902315054675, "ivv": 1.338715456011276, "iwm": 0.050753205246806474, "efa": -0.03307131538851589, "vwo": 0.03325059503877643, "vnq": 0.009522356068520033, "bil": 1.3020798510822105, "shv": -0.3109355573218244, "ief": -0.036073716801394484, "tlt": 0.08222054144321621, "vblix": 0.41338313496071777, "agg": -0.10048781551089357, "vweax": -0.15599985235478597, "vmbix": 0.029379855840243028, "djp": -0.02442626420684372, "gsg": 0.014458863506918015, "gld": 0.0004991019926857166, "fxe": -0.02007272450782072, "fxy": -0.012678373819340448, "shy": 0.23259949700942636, "lqd": -0.22976687719886885, "hyg": 0.1705994884069395, "pff": 0.005794738586049558, "emb": 0.00806930533050068, "tip": 0.062341710312132294, "vtv": -1.0896977774033425, "xlk": -0.05175079713831733, "xlf": 0.17789546215152913, "xle": 0.024012739100168157, "xlv": 0.16896473511966084, "xlp": 0.013534179119266831, "xlu": 0.0034087692960778427, "xly": -0.046466255707824464, "xlb": 0.039962568943361323, "dbb": 0.0007489802130007939}, "r2": 0.9574242836327188, "alpha_ann": -0.048819255302918294, "alpha_t": -1.9123974957469314}, "corr_portfolio": 0.14241515613408276, "corr_benchmark": 0.6056939230230594, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.03713980841438841, "alpha_t_5y": -1.5363694652924191, "alpha_t_full": 0.07824429034742189, "r2_5y": 0.9321187682287765, "alpha_pos_frac": 0.5426008968609866}, "trlvx": {"name": "SIMT CORE FIXED INCOME FUND", "local": true, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.008718047334426444, "ivv": 0.03813564494877372, "iwm": -0.005208941755750807, "efa": -0.005899023222757949, "vwo": -0.0004008519709888476, "vnq": 0.004659816263857886, "bil": -0.1477450384273266, "shv": -0.1762209474315018, "ief": 0.10859888197107705, "tlt": 0.1150074305366792, "vblix": 0.2984780148816068, "agg": 0.09279453281399837, "vweax": 0.10017619988568802, "vmbix": 0.2658535709213567, "djp": -0.0008651959045137378, "gsg": -0.0024119928320157627, "gld": 0.0015720992189331999, "fxe": 0.0002343289770180844, "fxy": 0.001455124315147425, "shy": 0.524322264071787, "lqd": 0.011380410562122184, "hyg": -0.002134962635620968, "pff": 0.005358881251457594, "emb": 0.007504983758538927, "tip": -0.03653878855368643, "vtv": 0.009235134771157805, "xlk": -0.016999124915332776, "xlf": -0.006987485713803789, "xle": 0.0009421908561220509, "xlv": -0.0018548772724110696, "xlp": -0.0010259068868164907, "xlu": -0.0004609293202496925, "xly": -0.005421595564766691, "xlb": 0.00030256432556452495, "dbb": 0.003122130167957788}, "r2": 0.9309935353613037, "alpha_ann": 0.0034672021843879693, "alpha_t": 0.9812023202571565}, "rec5": {"n": 1416, "betas": {"qqq": -0.01326273352200619, "ivv": 0.031000342478707282, "iwm": -0.0050954067546206, "efa": -0.002244359490806031, "vwo": 0.002999332055414968, "vnq": 0.003161734169679747, "bil": 0.012021178859317031, "shv": -0.22829783631056827, "ief": 0.21382151321670292, "tlt": 0.10863008556996075, "vblix": 0.33581062085474095, "agg": 0.20866694098848282, "vweax": 0.11903477476821979, "vmbix": 0.17484421138301562, "djp": -0.0002302475885611175, "gsg": -0.00019844816993249434, "gld": -0.001592009610336886, "fxe": 0.000672822422603836, "fxy": 0.0007358414804559839, "shy": 0.3869184693683068, "lqd": -0.05900358120781176, "hyg": -0.030006173543102126, "pff": 0.00851459577574996, "emb": 0.00976650779875785, "tip": -0.007593722667159702, "vtv": -0.013410613008913993, "xlk": 0.004188638317632104, "xlf": 0.0020547741374585186, "xle": 0.0030808397395956735, "xlv": 0.002972532215883966, "xlp": 0.00795664315957532, "xlu": -0.003914235434721115, "xly": 0.0011663505655810681, "xlb": 0.0006575265230027126, "dbb": -0.00024127449379571664}, "r2": 0.9750646173443706, "alpha_ann": -0.0021553127543545844, "alpha_t": -0.393308606702081}, "corr_portfolio": -0.07571077731760581, "corr_benchmark": 0.7174791376242576, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.00522945770463527, "alpha_t_5y": -1.1636040945264872, "alpha_t_full": 6.336874381815047, "r2_5y": 0.9703424982357559, "alpha_pos_frac": 0.43352601156069365}, "trmcx": {"name": "T. Rowe Price Mid-Cap Value Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.09886159022545159, "ivv": -0.008807215148011117, "iwm": 0.3076806419977837, "efa": 0.047757183043230615, "vwo": -0.013626792721695775, "vnq": 0.03649996142498215, "bil": -0.22861418749615714, "shv": 0.36006718965174983, "ief": 0.01134893326256232, "tlt": -0.00023565107678429086, "vblix": -0.004880209748577048, "agg": 0.08522334468105483, "vweax": 0.09848439962299599, "vmbix": -0.002865845019005151, "djp": 0.017944941094909354, "gsg": -0.00967933721852738, "gld": 0.011606683033070376, "fxe": 0.01205552884239775, "fxy": -0.012270492491009984, "shy": -0.19061875936750536, "lqd": -0.015974272686910602, "hyg": -0.030357374629686434, "pff": 0.02246545937248471, "emb": 0.025188568636931495, "tip": -0.032461059932323885, "vtv": 0.4295411478255663, "xlk": 0.03524829188646395, "xlf": 0.021632743971273998, "xle": 0.06488246870912612, "xlv": -0.05829319985886203, "xlp": -0.014228680404802744, "xlu": 0.0034007646752795924, "xly": 0.048146727733901204, "xlb": 0.09682556399387565, "dbb": 0.0019236843189905936}, "r2": 0.9441543749694911, "alpha_ann": 0.010340837789442177, "alpha_t": 0.8774108094352517}, "rec5": {"n": 1416, "betas": {"qqq": -0.17991006067872262, "ivv": 0.1176134472590582, "iwm": 0.28947308544081435, "efa": 0.08497011267134681, "vwo": 0.0018514287895447304, "vnq": 0.0705726660679138, "bil": -0.5844139382549799, "shv": 1.0105909751655027, "ief": 0.06629334547326354, "tlt": 0.0002475611144652459, "vblix": -0.07918923065836675, "agg": -0.2960235115093645, "vweax": 0.10017710011560238, "vmbix": 0.07048118074778416, "djp": 0.02128271419414414, "gsg": -0.01652702754451907, "gld": -0.0036646139621049913, "fxe": 0.00385853407062091, "fxy": -0.0367830709719466, "shy": -0.25227229167919957, "lqd": 0.11112769929982226, "hyg": -0.003091615421195286, "pff": 0.007232213207477713, "emb": 0.018012970891511892, "tip": 0.05104961446990668, "vtv": 0.5900737538476105, "xlk": 0.03154521255060794, "xlf": -0.029831010467588976, "xle": 0.027069625828996864, "xlv": -0.10148462380688408, "xlp": -0.043227286462377244, "xlu": -0.03464163864572326, "xly": 0.029355084729867868, "xlb": 0.10424652731631796, "dbb": 0.0013518905934674997}, "r2": 0.9332922892641503, "alpha_ann": 0.004697217508238182, "alpha_t": 0.18809466449456622}, "corr_portfolio": 0.3748937184824466, "corr_benchmark": 0.5328352832188834, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.035266695111448476, "alpha_t_5y": 1.3838789059550358, "alpha_t_full": 3.3074310146279795, "r2_5y": 0.87723821878353, "alpha_pos_frac": 0.4605263157894737}, "trmvx": {"name": "SIMT LARGE CAP VALUE FUND", "local": true, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.04981200126689039, "ivv": -0.021849644293088118, "iwm": 0.10063873060659624, "efa": 0.025194415578454483, "vwo": 0.01360210287023716, "vnq": 0.008457145845675383, "bil": 0.14276584193546105, "shv": -0.3542555055825372, "ief": -0.042243238956059755, "tlt": -0.02691967545262222, "vblix": -0.26738179254237215, "agg": -0.2149208681245882, "vweax": 0.2415276613986892, "vmbix": -0.18084871292221844, "djp": 0.0022070531782757536, "gsg": 0.0014423884943226574, "gld": -0.03480709817735211, "fxe": 0.010935856068753226, "fxy": -0.010752256465426756, "shy": 0.594116068605452, "lqd": 0.22845438404040017, "hyg": -0.06460800924905644, "pff": 0.04729754768569393, "emb": 0.016673436156890993, "tip": 0.020579946541882436, "vtv": 0.7414237829453194, "xlk": -0.09607099902037995, "xlf": 0.054491865185875815, "xle": 0.031102517384239664, "xlv": -0.013524594803540195, "xlp": 0.00330021538809089, "xlu": -0.03912347505659701, "xly": 0.017188822863594543, "xlb": 0.044661826348194655, "dbb": -0.0003675987678543255}, "r2": 0.9376884004117192, "alpha_ann": -0.010342762060210137, "alpha_t": -0.8466818361448096}, "rec5": {"n": 1416, "betas": {"qqq": -0.08593690463534992, "ivv": 0.13641735411191727, "iwm": 0.09014394185274603, "efa": 0.021031552656870747, "vwo": 0.00584624908691558, "vnq": -0.0014973161070339638, "bil": 0.04333019151678397, "shv": 0.2328830282411751, "ief": 0.04597216537670014, "tlt": 0.001227326358753027, "vblix": 0.03336243796227652, "agg": -0.33756880243928733, "vweax": -0.003091709674296548, "vmbix": 0.07836996697850611, "djp": 0.006618982226706698, "gsg": -0.005297649930933279, "gld": -0.0184248055448813, "fxe": 0.0033422477157323545, "fxy": -0.00042361137530676603, "shy": 0.08867243804422392, "lqd": 0.10870361223583917, "hyg": 0.02420184578203191, "pff": 0.029616924668588326, "emb": 0.01255170197010853, "tip": -0.005154272167099778, "vtv": 0.6693014847469552, "xlk": -0.036878089227049916, "xlf": 0.0806510755980351, "xle": 0.03761748530674701, "xlv": -0.027272975724409995, "xlp": 0.031206236058955984, "xlu": -0.026111566711987774, "xly": 0.032781933229944375, "xlb": 0.05051590915053067, "dbb": -0.009211502237134992}, "r2": 0.9683524287894231, "alpha_ann": -0.002168853924500192, "alpha_t": -0.14527421382580297}, "corr_portfolio": 0.4179553578657548, "corr_benchmark": 0.4958292132608764, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.023920842373399444, "alpha_t_5y": 1.364194432289992, "alpha_t_full": 3.206766723093051, "r2_5y": 0.9228158517763114, "alpha_pos_frac": 0.5063829787234042}, "trosx": {"name": "T. Rowe Price Overseas Stock Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.07284309546853138, "ivv": -0.028599958577116096, "iwm": 0.00655798885596044, "efa": 0.8323295890941914, "vwo": 0.057831331509338064, "vnq": -0.009244561411492958, "bil": -0.23188323353656806, "shv": -0.11989756261250475, "ief": -0.008581795843656446, "tlt": -0.002658518544496173, "vblix": 0.06309535928615788, "agg": -0.06376971425637391, "vweax": 0.061906616390067344, "vmbix": 0.0256858225781495, "djp": -0.0011198036522161562, "gsg": -0.004869844206447494, "gld": 0.00896321542642472, "fxe": 0.07063501638539103, "fxy": 0.005430253947199561, "shy": 0.09290591081313473, "lqd": -0.010691115098114752, "hyg": -0.05898813450610198, "pff": 0.01279969137487459, "emb": 0.001948740551471601, "tip": 0.04350509724360042, "vtv": 0.13492478582806208, "xlk": 0.0776792213490395, "xlf": -0.02611664545101321, "xle": 0.005146900285735865, "xlv": 0.007531091031454055, "xlp": -0.033597945067884084, "xlu": -0.014598806369742912, "xly": 0.024906167775300133, "xlb": 0.0015018131099551798, "dbmf": -0.0008750134314012437, "dbb": -0.007887887134851891}, "r2": 0.9754544635620337, "alpha_ann": 0.003912414836659229, "alpha_t": 0.29007411822375867}, "rec5": {"n": 1416, "betas": {"qqq": -0.059411833850736645, "ivv": -0.013093877072605611, "iwm": 0.0070155317109126, "efa": 0.8502457717195988, "vwo": 0.05937511823826925, "vnq": -0.010570448337260124, "bil": -0.40086399878454443, "shv": 0.4373118389619127, "ief": 0.06819072880802006, "tlt": 0.0018453039024380839, "vblix": 0.08562996653689649, "agg": -0.27682191019809205, "vweax": 0.020862999547829046, "vmbix": 0.08927233591797958, "djp": 0.005683286710341449, "gsg": -0.012420970038990243, "gld": 0.005780746865353227, "fxe": 0.06004242727025744, "fxy": -0.000786845435175115, "shy": 0.06727608726113181, "lqd": 0.06853486821676134, "hyg": -0.032909262386541634, "pff": -0.018720510565234723, "emb": -0.024590964196893644, "tip": 0.023902569690489137, "vtv": 0.1323423071582796, "xlk": 0.06517343781529954, "xlf": -0.0230902354077579, "xle": 0.002194086236093997, "xlv": -0.006283101365010187, "xlp": -0.023391719967641434, "xlu": -0.011636865078367769, "xly": 0.013491715748357641, "xlb": -0.004821567002700151, "dbmf": 0.0014701148373524337, "dbb": -0.0040040144481172085}, "r2": 0.9712313836487884, "alpha_ann": -0.007886895203264035, "alpha_t": -0.5187214130465052}, "corr_portfolio": 0.39011073874025265, "corr_benchmark": 0.539462923742001, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.0010623727397914445, "alpha_t_5y": -0.09015703884241828, "alpha_t_full": -0.5925719496960928, "r2_5y": 0.9691984453097194, "alpha_pos_frac": 0.5201793721973094}, "trpbx": {"name": "T. Rowe Price Spectrum Moderate Allocation Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.08708635106645005, "ivv": 0.21254526952302513, "iwm": 0.05343076164272525, "efa": 0.14125722555412462, "vwo": 0.05592484779112348, "vnq": 0.008042770106021056, "bil": -0.11507756966769399, "shv": 0.5171671792193427, "ief": 0.09174562809421338, "tlt": 0.02767105346308937, "vblix": 0.2598888391918747, "agg": -0.41460120745127566, "vweax": 0.017946143512847464, "vmbix": 0.17221814068067157, "djp": -0.003323834385407912, "gsg": -2.6700432267806905e-05, "gld": 0.006620197500162378, "fxe": 0.006706899489297266, "fxy": -0.00229085793483457, "shy": 0.08645149250461645, "lqd": 0.14808048503788207, "hyg": 0.03401896313840969, "pff": -0.0607537507482994, "emb": -0.027761035888457082, "tip": 0.023472647870055038, "vtv": -0.018230764056691513, "xlk": -0.011936718637706003, "xlf": 0.018953530536246325, "xle": 0.002720563358045179, "xlv": 0.03589871094857852, "xlp": -0.013719414584694148, "xlu": 0.011195983946186218, "xly": 0.005090534717463166, "xlb": 0.01699906943200824, "dbb": 0.00397539495666803}, "r2": 0.9602443668000119, "alpha_ann": -0.0012025683715350562, "alpha_t": -0.20463609071909183}, "rec5": {"n": 1416, "betas": {"qqq": 0.054814830306806006, "ivv": 0.28034392043028233, "iwm": 0.056110533291418324, "efa": 0.12755756861949494, "vwo": 0.06060257353807739, "vnq": 0.012606233741155375, "bil": 0.3216387210254565, "shv": 0.09261285576266844, "ief": 0.06531053514181827, "tlt": 0.024659813402223753, "vblix": 0.07909273640056515, "agg": 0.08861346426969051, "vweax": 0.08507907606087395, "vmbix": 0.04852763881068317, "djp": -0.008944972772114614, "gsg": 0.006008664915521724, "gld": 0.014625680498874045, "fxe": -0.009807709055099718, "fxy": -0.009942231954003709, "shy": -0.10185523728966085, "lqd": -0.0066109731941753165, "hyg": -0.04061970109317206, "pff": -0.02069321056887742, "emb": -0.02668722884780392, "tip": 0.0006266198919249805, "vtv": -0.03811796551545106, "xlk": -0.009109132505212756, "xlf": 0.01677345814464647, "xle": 0.004942096574240946, "xlv": 0.014392441693577765, "xlp": -0.004866292217199037, "xlu": 0.0007357007371117087, "xly": -0.003966251064736911, "xlb": 0.01649935420462822, "dbb": 0.0017805073443452717}, "r2": 0.9666673268997267, "alpha_ann": -0.019200792475171584, "alpha_t": -1.9001737673423813}, "corr_portfolio": 0.30385994820148754, "corr_benchmark": 0.6521074357638844, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.00344334456146991, "alpha_t_5y": -0.43813047273725875, "alpha_t_full": 4.48052039437517, "r2_5y": 0.9642600779897569, "alpha_pos_frac": 0.5028901734104047}, "trrax": {"name": "T. Rowe Price Retirement 2010 Fund", "local": true, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.004365646635532003, "ivv": 0.25579118902378595, "iwm": 0.05343654239209952, "efa": 0.0751272997901205, "vwo": 0.01833120747053363, "vnq": 0.007189303062564149, "bil": -0.3794051676485231, "shv": 0.25500059527514074, "ief": 0.24197268822865703, "tlt": 0.12154493779232864, "vblix": -0.037425822060776916, "agg": -0.6936068338245187, "vweax": 0.16219714624519624, "vmbix": 0.1671394341521796, "djp": -0.005813575760548867, "gsg": 0.005099041249278999, "gld": 0.016531594604885513, "fxe": 0.029654253228113128, "fxy": 0.013071213366790839, "shy": 0.21341258710527655, "lqd": -0.029050505990239898, "hyg": 0.06270871320080997, "pff": 0.0008319140013886684, "emb": 0.06018775816449159, "tip": 0.03859489627044301, "vtv": -0.037150846425313154, "xlk": -0.015967904042970587, "xlf": -0.017704274961446564, "xle": 0.008698903016224443, "xlv": 0.01097178345692507, "xlp": -0.041194588642057946, "xlu": 0.0016931183719553341, "xly": 0.014316458446856722, "xlb": 0.028288168709750382, "dbmf": 0.0023444882527922737, "dbb": -0.0018793817451489801}, "r2": 0.9089791516345744, "alpha_ann": 0.009767891304092757, "alpha_t": 0.8123996377078131}, "rec5": {"n": 1416, "betas": {"qqq": 0.012353581743907896, "ivv": 0.19769757513247846, "iwm": 0.04438635339661495, "efa": 0.08752331216387148, "vwo": 0.039658131936149366, "vnq": 0.010400200508328522, "bil": 0.016929496427086355, "shv": 0.3565769712724569, "ief": 0.083071653282429, "tlt": 0.015541960098828743, "vblix": 0.032165791978994655, "agg": -0.0694951247580357, "vweax": 0.11767222204378691, "vmbix": 0.10868525511389816, "djp": -0.002509768040952654, "gsg": 0.0031011771615683356, "gld": 0.008858077134134145, "fxe": 0.004515633381957399, "fxy": -0.0012169530637828924, "shy": -0.0407745104616771, "lqd": 0.028587493876510935, "hyg": -0.030716545329032778, "pff": -0.013636816734670449, "emb": 0.012502180328475457, "tip": 0.06934240823987402, "vtv": -0.005852590056755791, "xlk": 0.007793764270787331, "xlf": 0.008211270179267417, "xle": 0.005028354108805887, "xlv": 0.00401446215150657, "xlp": 0.0028353094284093495, "xlu": -0.0033815112563290698, "xly": -0.0011823227236129295, "xlb": 0.008379076340401094, "dbmf": 0.0067623832174160264, "dbb": -0.0005282759343518614}, "r2": 0.9685776482367348, "alpha_ann": -0.013386998179248918, "alpha_t": -1.7669885877228002}, "corr_portfolio": 0.2794188545031089, "corr_benchmark": 0.6653124654412251, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.0031353732516558614, "alpha_t_5y": 0.5079741575060417, "alpha_t_full": 1.2442544376734421, "r2_5y": 0.9630061435042842, "alpha_pos_frac": 0.4797687861271676}, "trrbx": {"name": "T. Rowe Price Retirement 2020 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.0012419661387679526, "ivv": 0.2702439208434119, "iwm": 0.05531489394681337, "efa": 0.09764259503256324, "vwo": 0.03115718179099653, "vnq": 0.0072270991474703075, "bil": -0.5062068621149876, "shv": 1.050672781509168, "ief": 0.4073154190087327, "tlt": 0.13382529750717695, "vblix": 0.1587406749830167, "agg": -1.3338987490439285, "vweax": 0.07394095989994222, "vmbix": 0.35159323686993116, "djp": -0.0029610742740261123, "gsg": 0.0014835426431337004, "gld": 0.013954260044670532, "fxe": 0.021539094533100253, "fxy": 0.013394145555602229, "shy": 0.09821432139406719, "lqd": 0.13377199183284258, "hyg": 0.1331924383151657, "pff": -0.0649275256821102, "emb": 0.029791900843547204, "tip": 0.043269159420590335, "vtv": -0.025159498864679823, "xlk": -0.006179811221143054, "xlf": -0.015195876565847623, "xle": 0.011749981623402753, "xlv": 0.027872926314997302, "xlp": -0.042493078143734715, "xlu": 0.011990366607424367, "xly": 0.019454870146158782, "xlb": 0.03276917342742373, "dbmf": 0.007961788990151111, "dbb": -0.005951492244247368}, "r2": 0.9175096690826551, "alpha_ann": -0.006066355806527603, "alpha_t": -0.445564467207568}, "rec5": {"n": 1416, "betas": {"qqq": 0.020620444447402034, "ivv": 0.23116674050487843, "iwm": 0.0520524150664794, "efa": 0.09872449963893863, "vwo": 0.04685368744011604, "vnq": 0.0125646820717117, "bil": -0.048177795430869905, "shv": 0.46838921572576947, "ief": 0.08136238909693154, "tlt": 0.01901018437334472, "vblix": 0.04278528402103345, "agg": -0.05546721286860937, "vweax": 0.10239438907716311, "vmbix": 0.09262314309200297, "djp": -0.0028394210282103134, "gsg": 0.0039876153823376085, "gld": 0.007756978668770992, "fxe": 0.007942909371378959, "fxy": -0.004963200884030342, "shy": -0.05867891844798582, "lqd": 0.02501825296544376, "hyg": -0.027674094580822074, "pff": -0.014216758877152997, "emb": 0.013076916593816356, "tip": 0.05080939821734166, "vtv": -0.01952143417096967, "xlk": 0.0019600216157443845, "xlf": 0.011336002201356925, "xle": 0.00573741596355294, "xlv": 0.008500016589212112, "xlp": 0.0011961847044744723, "xlu": -0.002466138474198294, "xly": -0.0032052964321382625, "xlb": 0.013901143900187242, "dbmf": 0.008766178612893322, "dbb": -0.0013533415918202084}, "r2": 0.9697546469120759, "alpha_ann": -0.01400038234877459, "alpha_t": -1.6851276889017008}, "corr_portfolio": 0.2987242249086373, "corr_benchmark": 0.6078040258946251, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.0011337241319269097, "alpha_t_5y": -0.1739746620620052, "alpha_t_full": 1.116290604623269, "r2_5y": 0.9669916504930995, "alpha_pos_frac": 0.5605381165919282}, "trrcx": {"name": "T. Rowe Price Retirement 2030 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.026780349150687333, "ivv": 0.31210398184592175, "iwm": 0.07688893669827188, "efa": 0.1220766039873691, "vwo": 0.041330807218346845, "vnq": 0.020522635304244946, "bil": -0.4973270035786889, "shv": 0.27101699970037196, "ief": 0.29247594040387037, "tlt": 0.15006372406209895, "vblix": -0.13029380607807067, "agg": -1.0039388238273357, "vweax": 0.14231669649820247, "vmbix": 0.21354037589646305, "djp": -0.001968624315523416, "gsg": 0.00379791238950049, "gld": 0.018109720945609507, "fxe": 0.022198739917536504, "fxy": 0.006420023919777682, "shy": 0.24992851915729983, "lqd": -0.037420261008841035, "hyg": 0.11405023099181022, "pff": 0.010365909243206742, "emb": 0.09904879468417283, "tip": -0.006563010292375027, "vtv": -0.11054511978012624, "xlk": -0.015114537521519499, "xlf": -0.0028845274171263066, "xle": 0.021822529131375692, "xlv": 0.04592909294481247, "xlp": -0.05557609594942897, "xlu": 0.011848508998369483, "xly": 0.022339472436915704, "xlb": 0.05813412637912798, "dbmf": -0.0017610858246182165, "dbb": -0.009880780901304214}, "r2": 0.9086484587654271, "alpha_ann": 0.009645069839450019, "alpha_t": 0.5215303688879814}, "rec5": {"n": 1416, "betas": {"qqq": 0.046555804598642475, "ivv": 0.2737984377110972, "iwm": 0.07225032747443588, "efa": 0.12996404543738596, "vwo": 0.061855364896824416, "vnq": 0.02058746640254876, "bil": 0.06130967694203561, "shv": 0.4408697246468573, "ief": 0.06974081329057207, "tlt": 0.024044246191499915, "vblix": 0.06912906896665662, "agg": -0.056211921906781565, "vweax": 0.08013380686766368, "vmbix": 0.06742986131705313, "djp": -0.004125137719376275, "gsg": 0.005523816057254591, "gld": 0.006784938121566733, "fxe": 0.020724677486863866, "fxy": -0.011149923948143623, "shy": -0.06587548267406211, "lqd": 0.01919448676708442, "hyg": -0.006333391192245581, "pff": -0.021138568861942698, "emb": 0.004127838076162527, "tip": 0.020251745640185257, "vtv": -0.053185490057298355, "xlk": 0.004344264204580152, "xlf": 0.023353648003784443, "xle": 0.011000335027390154, "xlv": 0.020409370892303876, "xlp": 0.009260525133699658, "xlu": 0.0009122464663011173, "xly": -0.004342225987691385, "xlb": 0.02366068520034984, "dbmf": 0.007811156455615906, "dbb": -0.0023840224037316275}, "r2": 0.9684908581620362, "alpha_ann": -0.021408198014004926, "alpha_t": -1.96358311667555}, "corr_portfolio": 0.298281333930085, "corr_benchmark": 0.6116897426441269, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.006937856125564424, "alpha_t_5y": -0.8177642491465346, "alpha_t_full": 0.7818011279280109, "r2_5y": 0.966145740139196, "alpha_pos_frac": 0.5560538116591929}, "trrdx": {"name": "T. 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Rowe Price Real Estate Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.020313359160152922, "ivv": -0.08274746878019897, "iwm": -0.011917970141773575, "efa": 0.015360768835242062, "vwo": -0.01629235934676794, "vnq": 0.9951991435482755, "bil": 0.10354017023589394, "shv": -0.260936266589812, "ief": -0.12369567546741132, "tlt": 0.016121481058953436, "vblix": -0.07955133067154599, "agg": -0.06671098644637154, "vweax": 0.04815456412449591, "vmbix": 0.09322326918904429, "djp": 0.02322394718599878, "gsg": -0.017594123577167674, "gld": -0.01269739761095914, "fxe": -0.006144456258188653, "fxy": -0.0012200334691480268, "shy": 0.22072445791049108, "lqd": 0.02373578899496635, "hyg": 0.0013509844789412547, "pff": -0.04590220960634256, "emb": -0.010915643285977598, "tip": -0.014636089551689163, "vtv": 0.11272583078785332, "xlk": 0.002233908291801243, "xlf": 0.022358948111335472, "xle": 0.005079542226181945, "xlv": -0.019243107255141275, "xlp": -0.019078934202433832, "xlu": -0.0029624046027873796, "xly": 0.023564460216161723, "xlb": -0.003584533670943413, "dbb": 0.0025495700629297752}, "r2": 0.9678982966579471, "alpha_ann": -0.007734644163475242, "alpha_t": -0.7633690944227564}, "rec5": {"n": 1416, "betas": {"qqq": -0.05844071893327704, "ivv": 0.03214074917089913, "iwm": -0.044037432109674236, "efa": 0.021821836543846954, "vwo": -0.015714969494028588, "vnq": 1.0102438971442158, "bil": 0.7252936030924227, "shv": -0.6504105746997624, "ief": 0.022360019132204548, "tlt": 0.007724031518776602, "vblix": -0.009398280722037551, "agg": -0.23143843636014488, "vweax": -0.013668825262787112, "vmbix": 0.06079760537305246, "djp": 0.0037316197972695276, "gsg": 0.007381349589574798, "gld": 0.0027850750390223077, "fxe": -0.019363780283560266, "fxy": -0.003433336179468406, "shy": 0.10741804333753276, "lqd": 0.0682654193139314, "hyg": 0.06359951170519608, "pff": -0.04247610765456384, "emb": -0.0029834993942794014, "tip": -0.0377615579955441, "vtv": 0.026508954213410305, "xlk": 0.010868422658799632, "xlf": -0.008481143770496049, "xle": -0.003929359616396468, "xlv": -0.008121058102365577, "xlp": 0.003545174664099938, "xlu": 0.005484858239745181, "xly": 0.01674883929194137, "xlb": 0.008987053274059157, "dbb": -0.0014732538058766613}, "r2": 0.9721713341571795, "alpha_ann": -0.0002461866372790632, "alpha_t": -0.014085106897784454}, "corr_portfolio": 0.2515211343367717, "corr_benchmark": 0.5431697331007489, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.0071647154182597666, "alpha_t_5y": 0.5370450456211956, "alpha_t_full": -0.3539428543982906, "r2_5y": 0.9708868111334393, "alpha_pos_frac": 0.5433526011560693}, "trrfx": {"name": "T. Rowe Price Retirement 2005 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.008707377984183987, "ivv": 0.24679430755383244, "iwm": 0.04999936521129448, "efa": 0.07607128839420368, "vwo": 0.015246167074713443, "vnq": 0.003771929042239015, "bil": -0.4038805471030001, "shv": 0.9514335573417295, "ief": 0.349218817669244, "tlt": 0.12983329958015338, "vblix": 0.16978265207358312, "agg": -1.0581189444770653, "vweax": 0.09324372225839397, "vmbix": 0.26918662586631564, "djp": -0.0037369655599532115, "gsg": 0.001767284466477382, "gld": 0.011532348682592895, "fxe": 0.036999795119957754, "fxy": 0.01263505512809016, "shy": 0.14554795680620783, "lqd": 0.09996285677757688, "hyg": 0.09131023455966006, "pff": -0.06090834265954175, "emb": 0.01673465293166273, "tip": 0.060605124713766945, "vtv": -0.014898140526843205, "xlk": -0.012955736561359439, "xlf": -0.018806374682240078, "xle": 0.0058608245969242615, "xlv": 0.010594591955726354, "xlp": -0.03728383961841634, "xlu": 0.005549438920004886, "xly": 0.017276183053196028, "xlb": 0.021031214541168415, "dbmf": 0.0080804470650848, "dbb": -0.000937642365074905}, "r2": 0.9175758593477654, "alpha_ann": -0.005245187555766062, "alpha_t": -0.4979660349227377}, "rec5": {"n": 1416, "betas": {"qqq": 0.004918502250002191, "ivv": 0.1969783720646171, "iwm": 0.04017003315224337, "efa": 0.08182736635004137, "vwo": 0.034837124860566074, "vnq": 0.011458463370964516, "bil": -0.04590854848186084, "shv": 0.49074499699288077, "ief": 0.07701039110670152, "tlt": 0.024569302490367477, "vblix": 0.04570032712749062, "agg": -0.053415716954475286, "vweax": 0.10246416323442434, "vmbix": 0.09469145573288165, "djp": 0.0015184910046340849, "gsg": 0.0001522971298246064, "gld": 0.00693888373758604, "fxe": 0.003321914612468103, "fxy": -0.0018264821208665652, "shy": -0.02824749117052611, "lqd": 0.016988215992166846, "hyg": -0.012956075971657979, "pff": -0.016567089776876185, "emb": 0.012966420461014854, "tip": 0.07109925304610332, "vtv": -0.01101302007365372, "xlk": 0.003695582381704177, "xlf": 0.005747382894726201, "xle": 0.004180714150677476, "xlv": 0.0046948507247866166, "xlp": -0.0005935651919599332, "xlu": -0.0020286426041392167, "xly": -0.0004242784937571586, "xlb": 0.009986456299713498, "dbmf": 0.00572301347748181, "dbb": -0.001364050503635689}, "r2": 0.9641947682763778, "alpha_ann": -0.013856816709596518, "alpha_t": -1.8323567274731383}, "corr_portfolio": 0.28139335643396185, "corr_benchmark": 0.6818919935288905, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.0002817318886143186, "alpha_t_5y": -0.046753381386153814, "alpha_t_full": 0.9401621746905857, "r2_5y": 0.9596831805595085, "alpha_pos_frac": 0.547085201793722}, "trrgx": {"name": "T. Rowe Price Retirement 2015 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.0021200896071811998, "ivv": 0.2583483665157777, "iwm": 0.05672995176206024, "efa": 0.09107707955637565, "vwo": 0.02443942287033318, "vnq": 0.004394559267848309, "bil": -0.5244786923165627, "shv": 0.9993737343844119, "ief": 0.3851391222535693, "tlt": 0.1343489781915364, "vblix": 0.15943689099439934, "agg": -1.2235077419751936, "vweax": 0.08506504828936888, "vmbix": 0.31311731909384705, "djp": -0.002629975267925071, "gsg": 0.001312675848654896, "gld": 0.01103074394439043, "fxe": 0.03271639269286609, "fxy": 0.012496362709779722, "shy": 0.15612757959538373, "lqd": 0.12137312620493317, "hyg": 0.11152945598840132, "pff": -0.06433155206980824, "emb": 0.020301914959452595, "tip": 0.0456307895756084, "vtv": -0.015727141514813078, "xlk": -0.010479221309795705, "xlf": -0.018326666828349856, "xle": 0.00877302586196685, "xlv": 0.01769425834784432, "xlp": -0.03923007089966478, "xlu": 0.010225520050884715, "xly": 0.01900109460036833, "xlb": 0.025180571254337352, "dbmf": 0.009828719652786595, "dbb": -0.0024699688880999594}, "r2": 0.9199376899019712, "alpha_ann": -0.0041649560928188915, "alpha_t": -0.3413587007292101}, "rec5": {"n": 1416, "betas": {"qqq": 0.014691961734315445, "ivv": 0.2158390929156983, "iwm": 0.05040818961480783, "efa": 0.09287602254927177, "vwo": 0.04375685869513506, "vnq": 0.010069690226259021, "bil": -0.04196498523035745, "shv": 0.3964397536584365, "ief": 0.08282474900825032, "tlt": 0.015369091484882108, "vblix": 0.029877647698286307, "agg": -0.05490614398907278, "vweax": 0.1145066969623599, "vmbix": 0.08932845938268666, "djp": 0.00029836365122180907, "gsg": 0.0012801863925693663, "gld": 0.0054201966992207225, "fxe": 0.009338417584266723, "fxy": -0.003466505753684322, "shy": -0.020312212373448223, "lqd": 0.0332990404369411, "hyg": -0.034382791955996084, "pff": -0.014252180233198216, "emb": 0.013894020770734837, "tip": 0.05622997778601295, "vtv": -0.011313624607333777, "xlk": 0.0035335244097874008, "xlf": 0.008007579519371833, "xle": 0.005194098076376953, "xlv": 0.005212062538640205, "xlp": 0.0025091068407353295, "xlu": -0.001203843185568749, "xly": -0.0013105651089068918, "xlb": 0.009105819820621659, "dbmf": 0.009534488534579597, "dbb": -0.00042630955794870085}, "r2": 0.967742468534935, "alpha_ann": -0.012191538440289819, "alpha_t": -1.5035388461380015}, "corr_portfolio": 0.29613026405873155, "corr_benchmark": 0.6421584279318412, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.003499380312089762, "alpha_t_5y": 0.5390199429195418, "alpha_t_full": 0.822086996164251, "r2_5y": 0.9633154375345114, "alpha_pos_frac": 0.4682080924855491}, "trrhx": {"name": "T. 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Rowe Price Retirement Balanced Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.01609499083465757, "ivv": 0.2320510395457831, "iwm": 0.04598751629501139, "efa": 0.06794287323330149, "vwo": 0.01933688280278394, "vnq": 0.005907994490999018, "bil": -0.49884996748744914, "shv": 0.17436564466068166, "ief": 0.19185805380924706, "tlt": 0.11221927105188302, "vblix": 0.04378366760050687, "agg": -0.615074648889075, "vweax": 0.18193028045069468, "vmbix": 0.1554552481907813, "djp": -0.004523916111371676, "gsg": 0.0023891338266723836, "gld": 0.017313210412334135, "fxe": 0.006547562481863437, "fxy": 0.009791931200071354, "shy": 0.29779433922776183, "lqd": -0.04413956016386817, "hyg": 0.046800927563452784, "pff": -0.001485540623376001, "emb": 0.05094486259605419, "tip": 0.07199391568616935, "vtv": -0.037013218496087005, "xlk": -0.003906422696556937, "xlf": -0.016772055153688598, "xle": 0.011449269136965343, "xlv": 0.013139875704088968, "xlp": -0.034524744121385585, "xlu": 0.004088063563223768, "xly": 0.014312458291413567, "xlb": 0.027214984603803588, "dbmf": 0.002354138906816864, "dbb": -0.005033446743955986}, "r2": 0.8903104923853864, "alpha_ann": 0.012501420065917345, "alpha_t": 1.0156165319630657}, "rec5": {"n": 1416, "betas": {"qqq": -0.0001016477687546119, "ivv": 0.2009996114409617, "iwm": 0.040959025527094226, "efa": 0.07776024262886148, "vwo": 0.03361090617413428, "vnq": 0.005228350670747827, "bil": -0.31198810058609916, "shv": 0.5400881661129538, "ief": 0.051267219853009194, "tlt": 0.04971817668662685, "vblix": 0.24155992829179435, "agg": -0.06480932358432293, "vweax": 0.13344433167042943, "vmbix": 0.09172379701047152, "djp": -0.0043943956350790325, "gsg": 0.0018689307967564646, "gld": 0.010705421537851968, "fxe": -0.0018476186102018859, "fxy": 0.0018112293260712047, "shy": 0.05643204818264877, "lqd": -0.038913934893922586, "hyg": -0.028132815881292253, "pff": -0.017116984774488454, "emb": -0.002498800871195318, "tip": 0.09525094367347244, "vtv": -0.0024649738455415344, "xlk": 0.009202943775343192, "xlf": -0.0007533573893103425, "xle": 0.00566157255143445, "xlv": -0.00028617605288361694, "xlp": 0.005324808142839715, "xlu": -0.002027433693775675, "xly": 0.0010189283310442481, "xlb": 0.007404247911275946, "dbmf": 0.011427001896506767, "dbb": -0.0018539136589750121}, "r2": 0.9449004392934595, "alpha_ann": -0.007339567715167459, "alpha_t": -0.802652879404787}, "corr_portfolio": 0.29097661056927476, "corr_benchmark": 0.686648648646273, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.001898523579818551, "alpha_t_5y": 0.25409620787466175, "alpha_t_full": 0.5563980279406479, "r2_5y": 0.9348827609996642, "alpha_pos_frac": 0.49710982658959535}, "trrjx": {"name": "T. Rowe Price Retirement 2035 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.03599076428344791, "ivv": 0.36566355693579633, "iwm": 0.09220692793422063, "efa": 0.1496464443786539, "vwo": 0.042758829969218655, "vnq": 0.02050562642344804, "bil": -0.7028584460172536, "shv": 0.5277968225410552, "ief": 0.2924014974550689, "tlt": 0.1742245304110041, "vblix": -0.14695138318055861, "agg": -1.1142310134091928, "vweax": 0.1364430471691753, "vmbix": 0.2239581348994961, "djp": -0.0036629406181932452, "gsg": 0.003924246480375354, "gld": 0.02148702015307969, "fxe": 0.028370439909076353, "fxy": 0.002500664270589437, "shy": 0.28511661440085034, "lqd": -0.03941142467788423, "hyg": 0.11031565668284836, "pff": 0.007023585613919011, "emb": 0.09858222177974553, "tip": -0.012564060145622653, "vtv": -0.11401670981952695, "xlk": -0.023315118443340124, "xlf": -0.009930444396919771, "xle": 0.02107490999952392, "xlv": 0.04637850932439955, "xlp": -0.07119862503400247, "xlu": 0.008719772087053932, "xly": 0.027461703821066438, "xlb": 0.06659701835220602, "dbmf": -0.00033405056113374604, "dbb": -0.008538306317400029}, "r2": 0.9139434985446313, "alpha_ann": 0.00848351916858169, "alpha_t": 0.4221035098580372}, "rec5": {"n": 1416, "betas": {"qqq": 0.046953757740319374, "ivv": 0.33444463303062116, "iwm": 0.08343967855624011, "efa": 0.15768102146047197, "vwo": 0.07106350994739695, "vnq": 0.02240900697171743, "bil": 0.05998159969656185, "shv": 0.5134797950096526, "ief": 0.04633475100453257, "tlt": 0.02985698690560303, "vblix": 0.10483345671226259, "agg": -0.08223582111333114, "vweax": 0.051461010188902555, "vmbix": 0.070398811692873, "djp": -0.005285382126611688, "gsg": 0.004291667372625501, "gld": 0.009773176087911206, "fxe": 0.015530213053622293, "fxy": -0.01477984273304589, "shy": -0.0719647320478305, "lqd": 0.020315112748502756, "hyg": 0.0009572427326039624, "pff": -0.022941202152119453, "emb": -0.004124342570975834, "tip": 0.011153884945845193, "vtv": -0.042376143136095334, "xlk": 0.0033398605815851074, "xlf": 0.014704702203411123, "xle": 0.01143389398793688, "xlv": 0.0226578453040079, "xlp": 0.0020325566279873883, "xlu": -0.0015796015347065418, "xly": -0.00391728497563644, "xlb": 0.027919837189670282, "dbmf": 0.007704921435871117, "dbb": -0.001509780534862018}, "r2": 0.9694305635667361, "alpha_ann": -0.025260377136714487, "alpha_t": -2.0485319727233438}, "corr_portfolio": 0.299599963722003, "corr_benchmark": 0.6101010975450186, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.006503864751356544, "alpha_t_5y": -0.6809236447622473, "alpha_t_full": 0.33475921967760874, "r2_5y": 0.9675044643236814, "alpha_pos_frac": 0.5086705202312138}, "trrkx": {"name": "T. Rowe Price Retirement 2045 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.05306400915352552, "ivv": 0.42778755259579015, "iwm": 0.10886672578141804, "efa": 0.19907747907841014, "vwo": 0.04598850647017713, "vnq": 0.012177363438219678, "bil": -1.0064269960859398, "shv": 1.8324753746769493, "ief": 0.5035394236727335, "tlt": 0.2051517786640889, "vblix": 0.11407774999082144, "agg": -1.993108583039446, "vweax": 0.03950662371021637, "vmbix": 0.430050807585165, "djp": -0.005065895075225648, "gsg": 0.001885710802604011, "gld": 0.023810265171322394, "fxe": 0.0391193937169803, "fxy": 0.003072885340272393, "shy": 0.2442853397136222, "lqd": 0.1885351484224073, "hyg": 0.15621427354951944, "pff": -0.09183461054747111, "emb": 0.02337538618481437, "tip": 0.01310806832970854, "vtv": -0.05795452472300348, "xlk": -0.02019492670891619, "xlf": -0.023000637333811733, "xle": 0.01576680137018365, "xlv": 0.04175461325485365, "xlp": -0.08298537673950876, "xlu": 0.013449142860223074, "xly": 0.03699513864987046, "xlb": 0.06436377095071223, "dbmf": 0.010724871758921072, "dbb": -0.006144639010160893}, "r2": 0.9301264202909272, "alpha_ann": -0.01600739864703908, "alpha_t": -0.7719400268164056}, "rec5": {"n": 1416, "betas": {"qqq": 0.055936134854615266, "ivv": 0.40977636800009487, "iwm": 0.09664417592634673, "efa": 0.1928163306623395, "vwo": 0.08346540897165479, "vnq": 0.021622062593742174, "bil": -0.03176397020711621, "shv": 0.6294854503020593, "ief": 0.01440479354475759, "tlt": 0.02403975029599855, "vblix": 0.10668049545778482, "agg": -0.11852416554840382, "vweax": 0.03994939041087852, "vmbix": 0.047496111083168965, "djp": -0.007787540277855489, "gsg": 0.006303084524347111, "gld": 0.01639616059823541, "fxe": 0.009420422967665347, "fxy": -0.016990581948371594, "shy": -0.03998399636644597, "lqd": 0.03412156006527408, "hyg": -0.0026610446568563137, "pff": -0.026050710192448076, "emb": -0.01836471808577392, "tip": 0.01401513869777782, "vtv": -0.004518915695979635, "xlk": 0.0014603993279612671, "xlf": 0.0031741935729558747, "xle": 0.007996308820103284, "xlv": 0.01656603307765774, "xlp": -0.004903847040436879, "xlu": -0.004372082681362754, "xly": -0.006326395377735931, "xlb": 0.027157207503355367, "dbmf": 0.008933052818287386, "dbb": -0.0017629370179684453}, "r2": 0.9704934444791617, "alpha_ann": -0.029707758188110167, "alpha_t": -2.092767573065544}, "corr_portfolio": 0.2983804012237256, "corr_benchmark": 0.5711957232581181, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.008128961956953345, "alpha_t_5y": -0.7459782577827264, "alpha_t_full": 0.1463617380931346, "r2_5y": 0.9691368223137136, "alpha_pos_frac": 0.5144508670520231}, "trrlx": {"name": "T. 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Rowe Price Retirement 2050 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.04814827481242692, "ivv": 0.4508647085261628, "iwm": 0.11093640723739341, "efa": 0.20196402591283208, "vwo": 0.04671468632627638, "vnq": 0.012107392846777266, "bil": -1.059539660985543, "shv": 1.9223812388718395, "ief": 0.49596229397577885, "tlt": 0.21149937051700776, "vblix": 0.10787684726640381, "agg": -2.0024858665923166, "vweax": 0.044974883029999656, "vmbix": 0.4232539720716677, "djp": -0.004615947940430586, "gsg": 0.0014057464781979058, "gld": 0.025902829153014967, "fxe": 0.04164629405880675, "fxy": -0.0009240527716815524, "shy": 0.2765721247973432, "lqd": 0.1879894914318849, "hyg": 0.1534929266470253, "pff": -0.09280908030974513, "emb": 0.021002583577065137, "tip": 0.0061320456070721, "vtv": -0.05602393250489403, "xlk": -0.021306086170573564, "xlf": -0.02679772799808348, "xle": 0.014124100555768397, "xlv": 0.04000656145057239, "xlp": -0.08824863774506808, "xlu": 0.0118563347496405, "xly": 0.0359505777771669, "xlb": 0.06495915724229312, "dbmf": 0.009697953663792131, "dbb": -0.005475338483579173}, "r2": 0.930901637688148, "alpha_ann": -0.017320819960094904, "alpha_t": -0.8304088935030313}, "rec5": {"n": 1416, "betas": {"qqq": 0.04859663131081701, "ivv": 0.4269155432843065, "iwm": 0.09611690115578286, "efa": 0.19697620453995676, "vwo": 0.08525134837807442, "vnq": 0.021972270104111596, "bil": 0.027695427441678012, "shv": 0.5902071533524518, "ief": 0.0004076313002013191, "tlt": 0.023108292476944296, "vblix": 0.09452722664783643, "agg": -0.12095320392951073, "vweax": 0.04847182138316578, "vmbix": 0.04047428120825292, "djp": -0.005989164692457888, "gsg": 0.004803444767658419, "gld": 0.017893629402767598, "fxe": 0.007640859333125106, "fxy": -0.0200779029524246, "shy": -0.00399628185297143, "lqd": 0.046061650319728184, "hyg": -0.0030258685913049886, "pff": -0.02481892701145187, "emb": -0.019812165696292166, "tip": 0.004960942017529057, "vtv": 0.002579450953899622, "xlk": 0.003797218459565162, "xlf": -0.0021882940575577137, "xle": 0.007147924859520863, "xlv": 0.016472574775194603, "xlp": -0.010520511924406012, "xlu": -0.005595054458195227, "xly": -0.005973905092847419, "xlb": 0.027853245700371385, "dbmf": 0.0079749097155516, "dbb": -0.0018264103339021426}, "r2": 0.9706374754146838, "alpha_ann": -0.03134208520719008, "alpha_t": -2.175065121405363}, "corr_portfolio": 0.29816081980592246, "corr_benchmark": 0.5705376126570693, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.01228290289286564, "alpha_t_5y": -1.110946979501089, "alpha_t_full": 0.8454919543614511, "r2_5y": 0.969398802467741, "alpha_pos_frac": 0.547085201793722}, "trrnx": {"name": "T. Rowe Price Retirement 2055 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.0505558692075227, "ivv": 0.45614488579835166, "iwm": 0.11234667830703167, "efa": 0.20502834742791198, "vwo": 0.045987777622683856, "vnq": 0.011663078725505005, "bil": -1.0449187971752818, "shv": 1.8277590509483026, "ief": 0.5034816307061448, "tlt": 0.2127707666019586, "vblix": 0.12107334281700832, "agg": -2.0128444314007563, "vweax": 0.03517925438661277, "vmbix": 0.4217378724617653, "djp": -0.005855923220935844, "gsg": 0.0016663137067636897, "gld": 0.025969763710947624, "fxe": 0.039545540562415736, "fxy": 0.002054350760880008, "shy": 0.28127913863384735, "lqd": 0.18440571406735665, "hyg": 0.1517976110194552, "pff": -0.09185460428954988, "emb": 0.02135957809682057, "tip": 0.011928432752883049, "vtv": -0.04968535110606448, "xlk": -0.023086333837546828, "xlf": -0.028821303730975356, "xle": 0.0136681457476442, "xlv": 0.03792892522704063, "xlp": -0.08883373237206386, "xlu": 0.010842268843162467, "xly": 0.03435774671420868, "xlb": 0.06346094445257174, "dbmf": 0.009914944086299282, "dbb": -0.005777125908744803}, "r2": 0.9308651880954556, "alpha_ann": -0.015264808871062158, "alpha_t": -0.729067115370568}, "rec5": {"n": 1416, "betas": {"qqq": 0.05253912955104986, "ivv": 0.43452074795641077, "iwm": 0.0972334780851904, "efa": 0.1995472721198188, "vwo": 0.08542564064389832, "vnq": 0.022426316549787436, "bil": 0.010947276033749257, "shv": 0.537130112433861, "ief": 0.007911896677423907, "tlt": 0.024117648793900975, "vblix": 0.11053545598757455, "agg": -0.14283355381605214, "vweax": 0.03508029850595421, "vmbix": 0.0433940203568843, "djp": -0.006988469177626001, "gsg": 0.0054264221793941, "gld": 0.018702757085269348, "fxe": 0.005085130495726547, "fxy": -0.01730803210576608, "shy": -0.0015019645070002978, "lqd": 0.04743676738036244, "hyg": -0.009043484104888842, "pff": -0.023931888941939265, "emb": -0.01893540710547752, "tip": 0.01179236361438303, "vtv": 0.009502006105751859, "xlk": 0.0012860186506480924, "xlf": -0.0045922081143918445, "xle": 0.006093304503657192, "xlv": 0.013748594568812555, "xlp": -0.009614779719724985, "xlu": -0.006754509007742507, "xly": -0.008684098175981356, "xlb": 0.02676088371517324, "dbmf": 0.007614790247648821, "dbb": -0.0027043027885520488}, "r2": 0.9706426401727721, "alpha_ann": -0.029032043213164566, "alpha_t": -2.0041139151090657}, "corr_portfolio": 0.2978277265690301, "corr_benchmark": 0.5711043901734617, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.012559792828289526, "alpha_t_5y": -1.1295635844563545, "alpha_t_full": 0.8287595937440662, "r2_5y": 0.9693823661864609, "alpha_pos_frac": 0.5560538116591929}, "trrox": {"name": "T. Rowe Price Target 2010 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.024302088986024616, "ivv": 0.23244565344777293, "iwm": 0.04199750139807949, "efa": 0.05689385922783209, "vwo": 0.019755752621911236, "vnq": 0.007246993643427371, "bil": -0.3611461032778304, "shv": 0.17660800773546978, "ief": 0.25114261668479515, "tlt": 0.08558327493706826, "vblix": -0.04031428547288267, "agg": -0.587012379994484, "vweax": 0.1738954425103458, "vmbix": 0.13978218650113386, "djp": 0.00018627934748013665, "gsg": 0.0017407993835418989, "gld": 0.010325774103312346, "fxe": 0.01187146326591946, "fxy": 0.017319266579356393, "shy": 0.16475171733720237, "lqd": -0.012193073474523041, "hyg": 0.054799072263097354, "pff": -0.0034367975376912332, "emb": 0.0709374154865815, "tip": 0.05358880167806068, "vtv": -0.02201263659071901, "xlk": -0.01679633334859577, "xlf": -0.021013749914987577, "xle": 0.006782791667875227, "xlv": 0.002430682496841312, "xlp": -0.03357511651897886, "xlu": 0.005674783385010983, "xly": 0.008118023247106145, "xlb": 0.020712643586039567, "dbmf": -0.0008979385906628451, "dbb": 4.098560940763059e-05}, "r2": 0.9015893938179431, "alpha_ann": 0.01342364384645047, "alpha_t": 1.2752336154942454}, "rec5": {"n": 1416, "betas": {"qqq": 0.006549873301446435, "ivv": 0.17273398296725573, "iwm": 0.03269716224512912, "efa": 0.06654524541847767, "vwo": 0.03153473438457295, "vnq": 0.0052972587821106774, "bil": -0.020161212907365243, "shv": 0.25205285406163935, "ief": 0.11142780858275612, "tlt": 0.008611547431078684, "vblix": 0.003411777757940221, "agg": -0.00031949107648764264, "vweax": 0.13980057574971602, "vmbix": 0.07160620838891778, "djp": -0.0004917959131269607, "gsg": 0.0028078342584788207, "gld": 0.00619082986207575, "fxe": -0.0008455573377641547, "fxy": 0.002693008618516572, "shy": -0.019780700860467588, "lqd": 0.014576046221800152, "hyg": -0.04746191570621948, "pff": -0.013096638499187125, "emb": 0.023835277721007107, "tip": 0.07918169033314847, "vtv": 0.000891086688744395, "xlk": -0.0031496091032504293, "xlf": 0.0049255956815505335, "xle": 0.0008382130496070859, "xlv": -0.004343408841041661, "xlp": 0.0008163488153833453, "xlu": -0.002132132732679904, "xly": -0.0024250668730924976, "xlb": 0.007903454904824898, "dbmf": 0.010111042237525483, "dbb": 0.0010238246038217769}, "r2": 0.9580491094637994, "alpha_ann": -0.0058803191983851635, "alpha_t": -0.82285995190775}, "corr_portfolio": 0.2852016210940783, "corr_benchmark": 0.719234837672153, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.0028166444492443445, "alpha_t_5y": 0.4883824726517198, "alpha_t_full": 0.5896101006632796, "r2_5y": 0.951535141998364, "alpha_pos_frac": 0.52}, "trrtx": {"name": "T. 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Rowe Price U.S. Large-Cap Core Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.08283925307303758, "ivv": 0.9771209527132161, "iwm": -0.0152220010494748, "efa": 0.021791302557010943, "vwo": -0.014344086567487362, "vnq": -0.005864518496921326, "bil": 0.4255195461376996, "shv": -0.19325464158537564, "ief": -0.04304644114088555, "tlt": 0.041130826652796305, "vblix": 0.07935856671932633, "agg": -0.07858924127632337, "vweax": -0.05594561298352086, "vmbix": -0.06468045568924423, "djp": -0.01028377098247071, "gsg": 0.013147847077714197, "gld": -0.0029071746572743085, "fxe": -0.011438190055186974, "fxy": -0.02087405981589441, "shy": 0.2798910367944568, "lqd": -0.00692597198764252, "hyg": -0.0069774122538206135, "pff": 0.02522130855695918, "emb": 0.00550785168782386, "tip": 0.03716924581777726, "vtv": -0.09105924729588279, "xlk": 0.03872678789889297, "xlf": 0.029292539574707142, "xle": -0.01619052860171933, "xlv": 0.061009953385783654, "xlp": 0.04167964948006644, "xlu": 0.006470225608061823, "xly": -0.02529413722679956, "xlb": 0.04051733617101996, "dbmf": -0.0014801779734586532, "dbb": -0.0042935681827329444}, "r2": 0.9783481095226908, "alpha_ann": -0.012569604215367552, "alpha_t": -0.9807501907318508}, "rec5": {"n": 1416, "betas": {"qqq": -0.09115115398567394, "ivv": 1.06926501648081, "iwm": -0.007241147199695072, "efa": 0.009255708641390433, "vwo": -0.018108351556961912, "vnq": -0.010770336904120542, "bil": 0.45831382262643156, "shv": 0.10130610605842355, "ief": 0.03309041151883999, "tlt": 0.03435061110761145, "vblix": 0.2214418822450197, "agg": -0.10390839481034399, "vweax": -0.13512515194315727, "vmbix": 0.029818766081364304, "djp": -0.015355921270094813, "gsg": 0.017599565203879296, "gld": -0.0014060509958768843, "fxe": -0.014212185323853837, "fxy": -0.019388489258397305, "shy": -0.0323812956715322, "lqd": -0.04395918751621973, "hyg": 0.08105569179308526, "pff": -0.028473990635672235, "emb": -0.010196296337071904, "tip": -0.012944962134289901, "vtv": -0.05997933357741198, "xlk": 0.01958990926864885, "xlf": 0.011945774109732044, "xle": -0.024732228580975787, "xlv": 0.038208137843641785, "xlp": 0.05619155155063903, "xlu": 0.00426363619306135, "xly": -0.046519172096311054, "xlb": 0.045863952999994975, "dbmf": -0.009220399961665769, "dbb": -0.001262631754673383}, "r2": 0.9692648950018485, "alpha_ann": -0.017516699787779307, "alpha_t": -1.1406757539603778}, "corr_portfolio": 0.2862033297916868, "corr_benchmark": 0.612235786722797, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.003332001211170131, "alpha_t_5y": -0.266754156644365, "alpha_t_full": 0.20061136917333225, "r2_5y": 0.9638382090517676, "alpha_pos_frac": 0.48}, "trvlx": {"name": "T. Rowe Price Value Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.03715078865908655, "ivv": 0.08905178318743145, "iwm": 0.04960548512394613, "efa": 0.04287775360432789, "vwo": 0.013308603226404269, "vnq": 0.007197350502824941, "bil": 0.07726778959360686, "shv": 0.2325077014939245, "ief": -0.10425832436668013, "tlt": -0.007935481001812522, "vblix": -0.00095438038377118, "agg": 0.08721808895597287, "vweax": -0.01680834530049559, "vmbix": -0.10978638428906197, "djp": 0.01024462982051648, "gsg": -0.005219348429574349, "gld": -0.005713206905924754, "fxe": -0.023570061794856573, "fxy": -0.02551026971798901, "shy": 0.15745551419771245, "lqd": 0.02985626191193084, "hyg": -0.007889751906882079, "pff": 0.029897566705185737, "emb": 0.005640108288176094, "tip": 0.04804303269406646, "vtv": 0.43014605419326263, "xlk": -0.00744166251389581, "xlf": 0.10079118789851559, "xle": 0.019203655043485302, "xlv": 0.08791574243405519, "xlp": 0.023720458326714287, "xlu": 0.04366005089985278, "xly": -0.007839786912934299, "xlb": 0.06812800099074681, "dbb": -0.010364067904275381}, "r2": 0.9637161449838721, "alpha_ann": -0.005348539717318711, "alpha_t": -0.5897478688669406}, "rec5": {"n": 1416, "betas": {"qqq": 0.032886548252997305, "ivv": 0.16753545550037363, "iwm": 0.0730712334389183, "efa": 0.03881313775796652, "vwo": 0.006700734333496263, "vnq": 0.006338172968931647, "bil": 0.47060299164500974, "shv": 0.2635081741654469, "ief": 0.0287340818465455, "tlt": 0.019253015542644487, "vblix": 0.08020862536089562, "agg": -0.04267457908502249, "vweax": -0.031236402189082555, "vmbix": -0.061292950669354196, "djp": 0.002035806505789144, "gsg": 0.008791139638519237, "gld": -0.003111225069084363, "fxe": -0.028087757989897846, "fxy": -0.01386540042486267, "shy": -0.014724748600814736, "lqd": 0.03051801948200448, "hyg": -0.05426482819477018, "pff": -0.03741925509437932, "emb": -0.016759054112555325, "tip": 0.0323863900795904, "vtv": 0.5028767869842813, "xlk": -0.04233387489678659, "xlf": 0.08397144515497218, "xle": 0.0036044658551128497, "xlv": 0.04960063021178556, "xlp": 0.04726299519218188, "xlu": 0.019087396388872083, "xly": -0.01886465584647208, "xlb": 0.04376005264326134, "dbb": -0.009216733834504498}, "r2": 0.9356214743280007, "alpha_ann": -0.018753476942201152, "alpha_t": -0.9407563818393884}, "corr_portfolio": 0.37788207395631823, "corr_benchmark": 0.5409339904373314, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.020406853531374496, "alpha_t_5y": 1.0672640523682002, "alpha_t_full": 1.3155812713646973, "r2_5y": 0.8947591114541176, "alpha_pos_frac": 0.4793388429752066}, "trzix": {"name": "T. Rowe Price Small-Cap Index Fund", "local": false, "alpha_name": false, "full": {"n": 1575, "betas": {"qqq": -0.01647105598356219, "ivv": 0.006823238060568948, "iwm": 1.0015815539982413, "efa": 0.0028903905200200987, "vwo": -0.006076328994549073, "vnq": 0.005364194327025306, "bil": 0.1913251354659061, "shv": 0.14190807165365055, "ief": -0.04310146621801811, "tlt": 0.032046875832232716, "vblix": 0.056582781352628786, "agg": -0.07956410292081983, "vweax": 0.0055979150896033275, "vmbix": 0.040503426301699105, "djp": -0.007773048840990111, "gsg": 0.00462241468550327, "gld": 0.008014453609339254, "fxe": 0.003509817123820524, "fxy": -0.0140819495618558, "shy": 0.07416487419992138, "lqd": -0.0004781053974982048, "hyg": 0.01605273169887796, "pff": -0.009333275671841794, "emb": -0.0004368464633531292, "tip": -0.01862018461915423, "vtv": -0.010756987435709013, "xlk": 0.017265674932451007, "xlf": -0.006395264442861527, "xle": 0.005110136649568361, "xlv": -0.006761798723387111, "xlp": -0.0018491848450124463, "xlu": -0.0075375044724483595, "xly": 0.0013026532376892962, "xlb": 0.0013868240753422897, "dbmf": -0.005523741451664361, "dbb": -0.002067206535771693}, "r2": 0.9945458402530994, "alpha_ann": -0.007991402269912417, "alpha_t": -0.9129289921574745}, "rec5": {"n": 1416, "betas": {"qqq": -0.023536486582937555, "ivv": 0.02871482318773343, "iwm": 1.0011251538022432, "efa": -0.0017423406300796367, "vwo": -0.005183693870745971, "vnq": 0.006149047626970923, "bil": 0.17825552427215605, "shv": 0.1483488152942603, "ief": -0.039692693456638346, "tlt": 0.0340282244233808, "vblix": 0.07236743578012957, "agg": -0.08383492221644831, "vweax": 0.007965143145992391, "vmbix": 0.03898998558784843, "djp": -0.008219404493622339, "gsg": 0.0063772683600422, "gld": 0.009346919584743709, "fxe": 0.00022299731936149648, "fxy": -0.013360170889840376, "shy": 0.08452212573301286, "lqd": -0.007097508777457658, "hyg": 0.018047335497549645, "pff": -0.007872878019935897, "emb": 0.0026808181243277796, "tip": -0.025272213570214513, "vtv": -0.00529805736240098, "xlk": 0.012648082906673148, "xlf": -0.011148915426691977, "xle": 0.002797780897780668, "xlv": -0.010664442435297879, "xlp": -0.0038742090601421118, "xlu": -0.009899897203005084, "xly": 0.001865961116137762, "xlb": 0.000889674091294871, "dbmf": -0.006875001192178463, "dbb": -0.0033229873383707788}, "r2": 0.9940989534935931, "alpha_ann": -0.009292015299344814, "alpha_t": -0.9508034298357012}, "corr_portfolio": 0.14804798480358977, "corr_benchmark": 0.5677063820099201, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.0024425270914342112, "alpha_t_5y": 0.3261218166405895, "alpha_t_full": 0.35708335296757704, "r2_5y": 0.9937932502080089, "alpha_pos_frac": 0.4782608695652174}, "tsbax": {"name": "T. Rowe Price Retirement Blend 2020 Fund", "local": false, "alpha_name": false, "full": {"n": 1275, "betas": {"qqq": 0.04623130104404745, "ivv": 0.22090413123981062, "iwm": 0.048239279581822433, "efa": 0.10275953048347966, "vwo": 0.037374669761360606, "vnq": 0.008028478740091645, "bil": 0.10182202518965765, "shv": 0.21213188858390863, "ief": 0.03986811036493109, "tlt": 0.03251500048324219, "vblix": 0.0945918559942184, "agg": -0.049713843932676645, "vweax": 0.0846209716857057, "vmbix": 0.10170216767260974, "djp": -0.0032189240522736457, "gsg": 0.002880445470881261, "gld": 0.00606950061743352, "fxe": 0.013641346283301412, "fxy": -0.0008263099912697605, "shy": 0.03234591091386027, "lqd": 0.009493107523681045, "hyg": -0.03026499820884882, "pff": -0.003132926608956346, "emb": 0.014669882650434138, "tip": 0.05589106374182805, "vtv": 0.002535387924784518, "xlk": -0.009045465096128856, "xlf": 0.010050997943955208, "xle": 0.004548950336424668, "xlv": 0.003977457061312449, "xlp": -0.006007235626533062, "xlu": 0.0035695845103727425, "xly": -0.004804993891917353, "xlb": 0.01555714227172204, "dbmf": 0.008743792480092584, "dbb": 0.0015851458910698078}, "r2": 0.9762122862905241, "alpha_ann": -0.012845145030795433, "alpha_t": -1.5244194685947858}, "rec5": {"n": 1275, "betas": {"qqq": 0.04623130104404745, "ivv": 0.22090413123981062, "iwm": 0.048239279581822433, "efa": 0.10275953048347966, "vwo": 0.037374669761360606, "vnq": 0.008028478740091645, "bil": 0.10182202518965765, "shv": 0.21213188858390863, "ief": 0.03986811036493109, "tlt": 0.03251500048324219, "vblix": 0.0945918559942184, "agg": -0.049713843932676645, "vweax": 0.0846209716857057, "vmbix": 0.10170216767260974, "djp": -0.0032189240522736457, "gsg": 0.002880445470881261, "gld": 0.00606950061743352, "fxe": 0.013641346283301412, "fxy": -0.0008263099912697605, "shy": 0.03234591091386027, "lqd": 0.009493107523681045, "hyg": -0.03026499820884882, "pff": -0.003132926608956346, "emb": 0.014669882650434138, "tip": 0.05589106374182805, "vtv": 0.002535387924784518, "xlk": -0.009045465096128856, "xlf": 0.010050997943955208, "xle": 0.004548950336424668, "xlv": 0.003977457061312449, "xlp": -0.006007235626533062, "xlu": 0.0035695845103727425, "xly": -0.004804993891917353, "xlb": 0.01555714227172204, "dbmf": 0.008743792480092584, "dbb": 0.0015851458910698078}, "r2": 0.9762122862905241, "alpha_ann": -0.012845145030795433, "alpha_t": -1.5244194685947858}, "corr_portfolio": 0.10754332722181416, "corr_benchmark": 0.7945064432509238, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.0027408521604786397, "alpha_t_5y": -0.43407841123629654, "alpha_t_full": -0.43407841123629654, "r2_5y": 0.9738108082764417, "alpha_pos_frac": 0.6}, "tsbpx": {"name": "Nuveen Core Impact Bond Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.0012040924740123644, "ivv": 0.002179812001461119, "iwm": 0.003886561559629135, "efa": -0.009115219927742484, "vwo": -0.004476462089989329, "vnq": 0.006434404548110622, "shv": 0.0014475998508551291, "ief": 0.10731617809871981, "tlt": 0.1255972952589097, "vblix": 0.08990244636102208, "agg": 0.059825995928624136, "vweax": 0.10130993825061499, "vmbix": 0.08908523593175964, "djp": -0.007461042702798565, "gsg": 0.0015072751668113835, "gld": 0.00750121472560266, "fxe": 0.007177118855707387, "fxy": 0.03340971174649036, "shy": 0.028528185467512734, "lqd": 0.0393199437147361, "hyg": 0.030851395398083743, "pff": 0.004336111735190437, "emb": 0.011361408994543323, "tip": 0.03580152050704886, "vtv": 0.007813923590331574, "xlk": -0.006476705651202048, "xlf": -0.012506324881145062, "xle": -0.004906262565494526, "xlv": 0.004659932553272145, "xlp": -0.00022930564590265787, "xlu": 0.005743195319587859, "xly": 0.001623796824388465, "xlb": -0.003967137830465747, "dbmf": -0.017428764873743122, "dbb": 0.005262632592789691}, "r2": 0.8964652530632198, "alpha_ann": 0.008879299701547726, "alpha_t": 1.4670831458649802}, "rec5": {"n": 1416, "betas": {"qqq": -0.004071156119274534, "ivv": -0.00273670492697253, "iwm": 0.004090705605022459, "efa": -0.0009163460138714187, "vwo": -0.002423331268345216, "vnq": 0.004854465731002231, "shv": 0.0014542492919865052, "ief": 0.097449622786153, "tlt": 0.12201182081496076, "vblix": 0.0508497563610451, "agg": 0.068189969287572, "vweax": 0.06634322108502586, "vmbix": 0.08385947443020367, "djp": -0.0014519756630318127, "gsg": -0.002646204916600298, "gld": 0.010446745748648949, "fxe": 0.0037105288829968664, "fxy": 0.020335016465715693, "shy": 0.027625502522019653, "lqd": 0.06255531422099773, "hyg": 0.01535696623347002, "pff": 0.01636104132784574, "emb": 0.02875771999098557, "tip": 0.05616533594895306, "vtv": 0.0029087620562076788, "xlk": -0.0055637180744768245, "xlf": -0.006103776444530108, "xle": -0.004962519679723607, "xlv": 0.0004232316890074599, "xlp": -0.003920690790672554, "xlu": 0.0018614880606198016, "xly": 0.004947716365571696, "xlb": -0.0049845454314700645, "dbmf": -0.017502089670298294, "dbb": 0.0010742129528755946}, "r2": 0.9183084397106168, "alpha_ann": 0.0018058546521012566, "alpha_t": 0.2782978700328806}, "corr_portfolio": -0.08436424084916484, "corr_benchmark": 0.686817447574109, "verdict": "sleeve mix (R\u00b2 high) - 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Rowe Price Short Duration Income Fund", "local": false, "alpha_name": false, "full": {"n": 1432, "betas": {"qqq": -0.0005681149059372087, "ivv": 0.021041856688040705, "iwm": -0.005652555498437108, "efa": -0.006514580048819755, "vwo": 0.004252203533357128, "vnq": -0.000360277086070838, "bil": -0.08766337565575401, "shv": 0.16202282743359306, "ief": 0.025905612629439963, "tlt": 0.01662289057410319, "vblix": 0.269114566507813, "agg": 0.0654720840249856, "vweax": 0.13430464967729536, "vmbix": -0.0064688288214352924, "djp": -0.001195678520712735, "gsg": 0.0024466856821609368, "gld": -0.0012099446369623359, "fxe": 0.0018688101620145832, "fxy": 0.0010574056006563111, "shy": 0.6876321717202741, "lqd": -0.10385301998541782, "hyg": -0.028473454094448458, "pff": -0.005070183736832324, "emb": -0.012306917703118953, "tip": 0.00223630645300205, "vtv": 0.008727645728097425, "xlk": -0.0024855692285228894, "xlf": 0.0015366813462332233, "xle": -0.0007701863270065872, "xlv": 0.0010084144653074816, "xlp": 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(R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.03689533163448715, "alpha_t_5y": 1.1667319441134392, "alpha_t_full": 1.3940836157278036, "r2_5y": 0.8678117259776358, "alpha_pos_frac": 0.4396551724137931}, "udbpx": {"name": "UBS Sustainable Development Bank Bond Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.015068822288202194, "ivv": -0.005103458587645406, "iwm": 0.0019436840665572252, "efa": -0.0025571727153125123, "vwo": 6.900935561444959e-05, "vnq": 0.007478408630039942, "bil": -0.06715782118085857, "shv": -0.09966986316684122, "ief": 0.5320977376471194, "tlt": -0.028784205611143723, "vblix": 0.04265034842106108, "agg": 0.020599714016248227, "vweax": -0.0022853818290025666, "vmbix": 0.018261556551487874, "djp": -0.0018104952877603375, "gsg": 0.0030077218824257814, "gld": 0.003201985708594649, "fxe": -0.0013410801538755205, "fxy": 0.004283437088163999, "shy": 0.4925387314363652, "lqd": -0.018839386345733795, "hyg": -0.0012715685290460741, 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Tax-Exempt Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.015499899938752762, "ivv": -0.018772988654178317, "iwm": -0.007795324425601958, "efa": -0.029233036485057404, "vwo": 0.012130872788559021, "vnq": 0.018465431189901606, "bil": -0.13411916157979206, "shv": 0.2801964240733091, "ief": 0.039726133352344525, "tlt": -0.0011638532995791168, "vblix": 0.21175507881209132, "agg": 0.12979001039333485, "vweax": 0.17230094238128696, "vmbix": -0.03834351476547514, "djp": -0.002035521221875775, "gsg": -0.0034559953298613005, "gld": 0.00360592219670198, "fxe": 0.014249284378806907, "fxy": 0.022144544821658157, "shy": -0.05327398872249677, "lqd": 0.07668701371861401, "hyg": -0.031242178593459576, "pff": 0.02891894523424815, "emb": -0.04367966398429439, "tip": -0.04451512665289901, "vtv": 0.06465668788840964, "xlk": 0.016986409476636745, "xlf": -0.03359267974106563, "xle": -0.005924767854362316, "xlv": -0.0010460614209354038, "xlp": 0.0053225674619370635, 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Stock Fund", "local": false, "alpha_name": false, "full": {"n": 1737, "betas": {"qqq": -0.11615022990129704, "ivv": 0.11024410823921829, "iwm": -0.018355640482826615, "efa": 0.5876785272033381, "vwo": 0.2494566343908703, "vnq": -0.033738029764900666, "bil": -1.0495978740241678, "shv": 1.250843271283144, "ief": 0.15693904182996934, "tlt": -0.05490118768512684, "vblix": 0.02559770754720966, "agg": -0.228794081308676, "vweax": 0.08738727855759297, "vmbix": 0.04932417699883952, "djp": 0.0098167304206784, "gsg": -0.0070411889401333595, "gld": 0.021287470227300896, "fxe": 0.08449357199355238, "fxy": -0.0041687984259109355, "shy": -0.2533017557062083, "lqd": 0.0632983092993495, "hyg": -0.11442718052536063, "pff": 0.03581912292356401, "emb": 0.03133531865884526, "tip": 0.06408983462652272, "vtv": 0.2717749432112537, "xlk": 0.048604311031970555, "xlf": -0.053628748915189386, "xle": 0.0023173430820831752, "xlv": -0.06374291387613232, "xlp": -0.07935789281653984, "xlu": -0.02174917198473901, 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mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.03829460524763474, "alpha_t_5y": 1.959634293543853, "alpha_t_full": 1.3537145107190458, "r2_5y": 0.8652550131694539, "alpha_pos_frac": 0.5228758169934641}, "wefix": {"name": "Short Duration Income Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.00010739272992378243, "ivv": 0.017397881189124692, "iwm": 0.005165545698801756, "efa": -0.00421255288224865, "vwo": 0.0026403932472578743, "vnq": 0.009824754482594867, "bil": 0.11196659754731542, "shv": -0.14137719875436883, "ief": 0.13555368206819515, "tlt": -0.012775049690866635, "vblix": 0.1245111495540218, "agg": 0.03970102496775731, "vweax": 0.06559763616538972, "vmbix": -0.033826537216068424, "djp": -0.0013478687541681046, "gsg": -0.00012887071048214198, "gld": 0.0005775811395500915, "fxe": 0.0032621748614365367, "fxy": 0.007683794117194057, "shy": 0.2732357961356143, "lqd": -0.03741877172696965, "hyg": 0.0064965335603818465, "pff": 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\ No newline at end of file
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\ No newline at end of file
diff --git a/fundlab/factor_results_rawalpha.json b/fundlab/factor_results_rawalpha.json
new file mode 100644
index 0000000..360cd75
--- /dev/null
+++ b/fundlab/factor_results_rawalpha.json
@@ -0,0 +1 @@
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mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.008770292693888225, "alpha_t_5y": -0.943140546345446, "alpha_t_full": -0.943140546345446, "r2_5y": 0.9784114996141643, "alpha_pos_frac": 0.55}, "aaetx": {"name": "American Funds 2030 Target Date Retirement Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.08526182139835403, "ivv": 0.25306648336432047, "iwm": 0.027013020361012118, "efa": 0.10131984352090526, "vwo": 0.03622019185952967, "vnq": 0.005848054687031918, "bil": 0.37473853126711587, "shv": -0.5928347681891065, "ief": 0.06898229542880147, "tlt": -0.01423468652509013, "vblix": 0.026877044230621226, "agg": 0.014746985104588663, "vweax": 0.08218875253638028, "vmbix": 0.06050482536593989, "djp": -0.008454802755378438, "gsg": 0.013384297877741605, "gld": -0.0036046104766749, "fxe": 0.04203560627041533, "fxy": -0.0017241645463837204, "shy": 0.21097741686607965, "lqd": 0.013825028031670853, "hyg": -0.035262636891895245, "pff": 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(R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.053128733863620166, "alpha_t_5y": -2.055459709064311, "alpha_t_full": 3.3386946059257125, "r2_5y": 0.9332948806130833, "alpha_pos_frac": 0.47572815533980584}, "drevx": {"name": "BNY Mellon Large Cap Securities Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.09684390173526403, "ivv": 1.0410086286050029, "iwm": 0.03726299957611025, "efa": -0.00195083254689935, "vwo": 0.0004249574742719887, "vnq": -0.03349563850079963, "bil": -0.010072390384411921, "shv": 0.5136428090615022, "ief": -0.00018742190087820621, "tlt": 0.03609601005380432, "vblix": 0.06085586191849505, "agg": -0.025122251761118316, "vweax": -0.024776371975353713, "vmbix": -0.1086135101436611, "djp": 0.0068041359825971, "gsg": 0.004266657178906485, "gld": 0.0019484517426330073, "fxe": 0.010536075685356168, "fxy": -0.01936504640089558, "shy": 0.20730160863721298, "lqd": -0.04065405369564752, "hyg": 0.02638672918502927, "pff": 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"xlf": 0.02183441978993431, "xle": -0.012226266765505438, "xlv": 0.050924092948381364, "xlp": 0.05952624905685357, "xlu": 0.03523990555816921, "xly": -0.02080171769699113, "xlb": 0.01516841839258335, "dbb": -0.004871543131151096}, "r2": 0.9464563163298927, "alpha_ann": -0.01715238423331688, "alpha_t": -0.9455933300874572}, "corr_portfolio": 0.34464828061221303, "corr_benchmark": 0.5954258697915347, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.016264202963652805, "alpha_t_5y": -0.928088791612065, "alpha_t_full": 3.8070952671695144, "r2_5y": 0.9109487082610972, "alpha_pos_frac": 0.5201793721973094}, "evvcx": {"name": "The E-Valuator Very Conservative (0%-15%) RMS Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.03169510600761783, "ivv": 0.1656779252036842, "iwm": 0.04746412717542167, "efa": -0.006159486660466064, "vwo": -0.0076935978985750225, "vnq": -0.029709778647375146, "bil": 0.48696639597478963, "shv": 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(lucky stretch?)", "alpha_ann_5y": 0.017968907557328537, "alpha_t_5y": 4.953805480702568, "alpha_t_full": 6.593918541132724, "r2_5y": 0.19486995320211276, "alpha_pos_frac": 0.43986254295532645}, "exmax": {"name": "Eaton Vance Short Duration Municipal Opportunities Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.00936079035973409, "ivv": 0.0029200888389920468, "iwm": -0.0042316958212439875, "efa": -0.026737388341131797, "vwo": 0.011087598850929862, "vnq": 0.013336083105874487, "bil": 0.09812164525005743, "shv": 0.023005017821803576, "ief": 0.08089275847938636, "tlt": -0.009170916997730816, "vblix": 0.18286402650115172, "agg": 0.10158365771251923, "vweax": 0.12474877509790991, "vmbix": -0.07034670337783898, "djp": -0.0022100287810506514, "gsg": -0.0018568356182896812, "gld": 0.001570862806876284, "fxe": 0.015368785594430638, "fxy": 0.011981794929642416, "shy": -0.0773512559563581, "lqd": 0.0355904251005844, "hyg": -0.02739837731582571, "pff": 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alpha-driven", "alpha_ann_5y": -0.005148807099784053, "alpha_t_5y": -0.2575919490615838, "alpha_t_full": 0.456028762777593, "r2_5y": 0.9383477317614253, "alpha_pos_frac": 0.5215686274509804}, "fnmtx": {"name": "Nuveen New Mexico Municipal Bond Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.012687847978613708, "ivv": -0.020859070761854854, "iwm": -0.003968500993978274, "efa": -0.029986854600358628, "vwo": 0.014638354785293257, "vnq": 0.023601135002974352, "bil": -0.030402517306188325, "shv": 0.2813742147249882, "ief": 0.06487809181219188, "tlt": 0.008667593011491835, "vblix": 0.26373008404010145, "agg": 0.12403885109633471, "vweax": 0.1851770601659766, "vmbix": 0.0023096798057102965, "djp": -0.00238105063157946, "gsg": -0.0017680187039435355, "gld": 0.0007992871735717293, "fxe": 0.020029123809077825, "fxy": 0.021375230194121048, "shy": -0.14926379217893324, "lqd": 0.05214915253343543, "hyg": -0.0396678826228346, "pff": 0.027953419347308144, "emb": 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alpha-driven", "alpha_ann_5y": 0.0077336860392392855, "alpha_t_5y": 0.2696254713225273, "alpha_t_full": -0.5038136059809218, "r2_5y": 0.8620292199967541, "alpha_pos_frac": 0.5027027027027027}, "fsazx": {"name": "Fidelity Arizona Municipal Income Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.0180484471059575, "ivv": -0.0004639674825209288, "iwm": -0.006203346106546468, "efa": -0.028666415615957917, "vwo": 0.010888580435318918, "vnq": 0.022768575824745847, "bil": -0.041294115821427405, "shv": 0.3354540130919907, "ief": 0.03598473506530464, "tlt": 0.009236812581240164, "vblix": 0.2252353290938589, "agg": 0.14003623482731858, "vweax": 0.18592441729342363, "vmbix": -0.024142130803031847, "djp": -0.002341313770289588, "gsg": -0.0022323350479560426, "gld": 0.004245040600833194, "fxe": 0.017551410457148083, "fxy": 0.024442042749356067, "shy": -0.1119783152108284, "lqd": 0.08206076459982312, "hyg": -0.03369158825969511, "pff": 0.02689916441433797, "emb": 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idiosyncratic alpha, complements portfolio", "alpha_ann_5y": 0.02230574048438336, "alpha_t_5y": 2.570447332198512, "alpha_t_full": 2.1024169493998635, "r2_5y": 0.3681394333651793, "alpha_pos_frac": 0.5121951219512195}, "lrscx": {"name": "Small-Cap Value Series", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.11600947850620946, "ivv": -0.1358461537233346, "iwm": 0.7180813467806919, "efa": -0.00016606806121766503, "vwo": -0.027486606546296758, "vnq": 0.04400410231035971, "bil": -0.40868689887631476, "shv": -0.0045392075878066315, "ief": -0.11993029801864806, "tlt": -0.0028506879777638414, "vblix": -0.1143791777875717, "agg": 0.2272806914384259, "vweax": 0.07100493541295357, "vmbix": -0.1806906910112084, "djp": 0.013514983797725545, "gsg": -0.014892140973955416, "gld": -0.03019855911299124, "fxe": 0.017478549405462868, "fxy": -0.019587792799785706, "shy": 0.3143193244575852, "lqd": -0.03939770268447988, "hyg": -0.07003770365758127, "pff": 0.09377999789474901, 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(R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.03590444727760447, "alpha_t_5y": -2.2025170125460267, "alpha_t_full": 3.4241100404517124, "r2_5y": 0.9221801481442928, "alpha_pos_frac": 0.48760330578512395}, "lsyux": {"name": "Lord Abbett Short Duration High Yield Fund", "local": false, "alpha_name": false, "full": {"n": 1591, "betas": {"qqq": -0.015610417082352078, "ivv": 0.06120643952502258, "iwm": 0.009619250488909542, "efa": 0.006322248380427151, "vwo": 0.013063592163348637, "vnq": -0.002728235339775835, "bil": 0.2099399882474405, "shv": -0.004905164969636953, "ief": -0.06573965882985887, "tlt": 0.050162325504976804, "vblix": 0.4240265587696153, "agg": 0.14172949480577554, "vweax": 0.6218420464258316, "vmbix": -0.09121117339532686, "djp": -0.007306914082631516, "gsg": 0.006690784228724725, "gld": 0.00730498029723037, "fxe": -0.028144017062636625, "fxy": 0.00016577941734419866, "shy": 0.07659019915141504, "lqd": -0.15452379385039294, "hyg": 0.002010507346805808, "pff": 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not alpha-driven", "alpha_ann_5y": -0.010089537781970703, "alpha_t_5y": -1.0210915580912714, "alpha_t_full": -0.4763945726515382, "r2_5y": 0.9716000473204144, "alpha_pos_frac": 0.4864864864864865}, "mfpax": {"name": "MFS Pennsylvania Municipal Bond Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.011959970900159368, "ivv": -0.019123215649619548, "iwm": -0.004081445123414324, "efa": -0.026690259545882035, "vwo": 0.012714112668493295, "vnq": 0.02062133133340274, "bil": -0.04100702324148501, "shv": 0.39030232719497476, "ief": 0.02219365910344779, "tlt": 0.008476722221024975, "vblix": 0.27346069562304437, "agg": 0.1738468941455102, "vweax": 0.20868305322749423, "vmbix": -0.0016378699236313788, "djp": 0.0024320761818744418, "gsg": -0.0030651877069995206, "gld": 0.0019796954118097973, "fxe": 0.016636953207660562, "fxy": 0.01888219725704952, "shy": -0.09926564136507106, "lqd": 0.06799341340169465, "hyg": -0.039774646775584586, "pff": 0.02751785680368799, 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Rowe Price Target 2045 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.027012295191802344, "ivv": 0.41757489363487926, "iwm": 0.11073892352201707, "efa": 0.16906810205652414, "vwo": 0.041030063829775955, "vnq": 0.019709732753321337, "bil": -1.0083766335497213, "shv": 0.9125880528094668, "ief": 0.31560029174312865, "tlt": 0.17670839979246783, "vblix": -0.20338351137436358, "agg": -1.1501754251509024, "vweax": 0.16640612983179198, "vmbix": 0.18582436863184063, "djp": -0.001518817663651744, "gsg": 0.0026857595480780446, "gld": 0.019180759596984967, "fxe": 0.042471246156433315, "fxy": 0.003175821440465765, "shy": 0.2887330729936529, "lqd": -0.02105714475119442, "hyg": 0.08037974373772307, "pff": -0.004643401804660249, "emb": 0.09151456765180299, "tip": -0.014244677329777166, "vtv": -0.10081603829170219, "xlk": -0.028815358147498034, "xlf": -0.02121437752552279, "xle": 0.01646340053512299, "xlv": 0.028701008601127995, "xlp": -0.08028401681857898, "xlu": 0.009778161498854156, "xly": 0.02659173384198416, "xlb": 0.06280592500676731, "dbmf": -0.008152563099871883, "dbb": -0.0023962037000967336}, "r2": 0.9271969880774079, "alpha_ann": 0.0038145849480378797, "alpha_t": 0.19917003024822771}, "rec5": {"n": 1416, "betas": {"qqq": 0.06311785614009077, "ivv": 0.3600114187971273, "iwm": 0.08776984821177584, "efa": 0.1735469202057154, "vwo": 0.07284098605118551, "vnq": 0.021194379533794883, "bil": -0.07194845359601601, "shv": 0.5836557979474297, "ief": 0.02733412729625443, "tlt": 0.023249925874816682, "vblix": 0.07879002502888414, "agg": -0.06813996907870638, "vweax": 0.05865166210353883, "vmbix": 0.0597882481546931, "djp": -0.007350178857789356, "gsg": 0.0066465253802104095, "gld": 0.013655840505175394, "fxe": 0.013694462271440475, "fxy": -0.016381594424768924, "shy": -0.07474821566214038, "lqd": 0.026552471692158026, "hyg": -0.008640690142088582, "pff": -0.022003964503545623, "emb": -0.005186407598311915, "tip": 0.004952482890500276, "vtv": -0.008483370093489428, "xlk": -0.0035557431755671265, "xlf": 0.00518820179681748, "xle": 0.007549856199360158, "xlv": 0.015292189335701619, "xlp": -0.0026478898795528785, "xlu": -0.004050395759921457, "xly": -0.009069605163108979, "xlb": 0.02856947645761004, "dbmf": 0.004826231849182714, "dbb": -0.0019244115523622402}, "r2": 0.9699625531527439, "alpha_ann": -0.0295966086159089, "alpha_t": -2.260833588013114}, "corr_portfolio": 0.1920931357420296, "corr_benchmark": 0.4106407436212837, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.01227340014217768, "alpha_t_5y": -1.2180134429300506, "alpha_t_full": 1.7785902722084501, "r2_5y": 0.9684745783194038, "alpha_pos_frac": 0.06}, "pafmx": {"name": "Putnam Retirement Advantage 2045 Fund", "local": true, "alpha_name": false, "full": {"n": 1668, "betas": {"qqq": 0.06717485208908189, "ivv": 0.46802514229144704, "iwm": 0.06492173647860688, "efa": 0.127265000644745, "vwo": 0.04693933632161828, "vnq": -0.011827468265791105, "bil": 0.6353092735415725, "shv": 0.006357454319594472, "ief": 0.08328277976568693, "tlt": 0.010895420211646517, "vblix": 0.013903558618847008, "agg": 0.025374582267929692, "vweax": 0.12394459247950515, "vmbix": -0.07968503698126955, "djp": -0.005956475570344332, "gsg": 0.011828882174604463, "gld": -0.004677014556043218, "fxe": 0.01952651214884393, "fxy": 0.010544632191361139, "shy": 0.06315859564894348, "lqd": 0.022542639293936392, "hyg": -0.020630365795456997, "pff": -4.908276444814914e-05, "emb": -0.015411360683398129, "tip": 0.0007440432732387568, "vtv": -0.007652490982022077, "xlk": -0.008371160864995484, "xlf": 0.026615457605609048, "xle": -0.00014132950011778978, "xlv": 0.004275104797402429, "xlp": -0.027368336324974707, "xlu": -0.00215183678671545, "xly": -0.007421123083106426, "xlb": 0.004947516441885673, "dbmf": 0.010453199142368953, "dbb": 0.0035648484396333044}, "r2": 0.9641360345188164, "alpha_ann": -0.011896212313526168, "alpha_t": -0.8106078379602951}, "rec5": {"n": 1416, "betas": {"qqq": 0.09709170399951411, "ivv": 0.44937063807244726, "iwm": 0.05776125142870209, "efa": 0.1274178301985776, "vwo": 0.049228085477777093, "vnq": -0.015021669771765028, "bil": 0.8909385566910554, "shv": -0.16014313435303731, "ief": 0.1366091273390695, "tlt": 0.0035442370612303545, "vblix": 0.04528665595536311, "agg": -0.09033177331522092, "vweax": 0.08492424944097055, "vmbix": 0.04118435238305991, "djp": -0.01245700823909045, "gsg": 0.01830108244900847, "gld": -5.829046620204123e-05, "fxe": 0.014547412071047441, "fxy": -0.0047532300041333245, "shy": 0.027104775035781598, "lqd": -0.0004930887061486822, "hyg": -0.07622697074112167, "pff": 0.016877104738682102, "emb": 0.0059766926209937395, "tip": -0.015058357288743822, "vtv": 0.004376243314844609, "xlk": -0.016366762390658103, "xlf": 0.03165233512856386, "xle": 0.000652000949415568, "xlv": 0.00883186970724557, "xlp": -0.023564041692925614, "xlu": -0.006111978385931136, "xly": -0.013042725137194393, "xlb": 0.012472566204650017, "dbmf": 0.0032830208877420025, "dbb": 0.003165716972997182}, "r2": 0.9634340506078479, "alpha_ann": -0.015055505932889547, "alpha_t": -1.0635143353599745}, "corr_portfolio": 0.2552308453591416, "corr_benchmark": 0.684143261006678, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.010225650145875264, "alpha_t_5y": 0.9303034691694104, "alpha_t_full": 0.8398405256207017, "r2_5y": 0.9608264248558164, "alpha_pos_frac": 0.5}, "pajrx": {"name": "T. Rowe Price Target 2025 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.0009417041147112698, "ivv": 0.23977352625300394, "iwm": 0.05680069704974225, "efa": 0.07996003253638771, "vwo": 0.029791408116675255, "vnq": 0.017020113230416904, "bil": -0.5057961363076574, "shv": 0.2929383621728387, "ief": 0.2597502486745356, "tlt": 0.08711244554647164, "vblix": -0.09831258844884432, "agg": -0.7104003592096612, "vweax": 0.14616151940016694, "vmbix": 0.17240299112035204, "djp": 0.002802483025871835, "gsg": 0.00012513973453572315, "gld": 0.009657234752519048, "fxe": 0.01324329385241794, "fxy": 0.014946658662528322, "shy": 0.17251007529281948, "lqd": -0.018318178433647844, "hyg": 0.08879060597672916, "pff": 0.0005150535859634164, "emb": 0.0814592577845197, "tip": 0.04538035980025822, "vtv": -0.05701653889833749, "xlk": -0.015602730819643846, "xlf": -0.012761130962106761, "xle": 0.01797674912405791, "xlv": 0.024728104235155517, "xlp": -0.040436507096823546, "xlu": 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-0.013816978289977397, "xlk": -0.008808011746138997, "xlf": 0.011940668626671556, "xle": 0.007066834046644198, "xlv": 0.008042574271021419, "xlp": 0.003755167779695937, "xlu": -0.00354455782252832, "xly": -0.005840611958589981, "xlb": 0.014392215068428867, "dbmf": 0.009404631042975207, "dbb": -0.0014818522973488492}, "r2": 0.9616733334058677, "alpha_ann": -0.014627593761028334, "alpha_t": -1.7258086974663778}, "corr_portfolio": 0.30150612291698736, "corr_benchmark": 0.6518583036205818, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.00332002383087611, "alpha_t_5y": -0.48389648610656616, "alpha_t_full": 0.3022123652308795, "r2_5y": 0.9554622276510547, "alpha_pos_frac": 0.54}, "pamfx": {"name": "Federated Hermes Pennsylvania Municipal Income Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.016537458792141302, "ivv": -0.011465548894400377, "iwm": -0.00527509350236883, "efa": -0.017179971715079814, "vwo": 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1416, "betas": {"qqq": -0.010898081382482928, "ivv": -0.03684129692473471, "iwm": -0.00042910075819199933, "efa": 0.005440220451255727, "vwo": 0.011606842423791872, "vnq": 0.0279930299066637, "bil": -0.021747071608016203, "shv": 0.6601296714627742, "ief": 0.03826506212395484, "tlt": 0.015982485782245294, "vblix": 0.060936715104078214, "agg": 0.18297361530649275, "vweax": 0.27540590206921095, "vmbix": 0.09435416070693117, "djp": -0.008914311320451174, "gsg": 0.00864326394178612, "gld": 0.0035548823629215297, "fxe": 0.00565268028901031, "fxy": 0.008481715268507864, "shy": -0.24134429194487336, "lqd": -0.038126609018254626, "hyg": -0.06861996969448662, "pff": 0.01964999348708051, "emb": -0.038287638981966875, "tip": -0.05714534732794432, "vtv": 0.02149689651217043, "xlk": 0.011345507995303485, "xlf": -0.022602582406214974, "xle": -0.007201805382225481, "xlv": -0.005310674860199867, "xlp": 0.007507729374895356, "xlu": 0.0057028698928712545, "xly": 0.009512001467347167, "xlb": 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Rowe Price Retirement 2065 Fund", "local": false, "alpha_name": false, "full": {"n": 1469, "betas": {"qqq": 0.03480909696601181, "ivv": 0.45513774974051824, "iwm": 0.09288626581580817, "efa": 0.2019692503839377, "vwo": 0.0845453406149688, "vnq": 0.018568000189309146, "bil": -0.04021647262072715, "shv": 0.6003422746194033, "ief": 0.023547885424288206, "tlt": 0.012189958990992665, "vblix": 0.0860394624283515, "agg": -0.08827086832439081, "vweax": 0.04312054130297287, "vmbix": 0.04499876816824482, "djp": -0.009814819378541681, "gsg": 0.007627275809312259, "gld": 0.017844675087227358, "fxe": 0.003943230780909461, "fxy": -0.015741406121305857, "shy": -0.052085342775988155, "lqd": 0.03730966825255432, "hyg": -0.003391611483585724, "pff": -0.02366496034961779, "emb": -0.02181909830765867, "tip": -0.0016035438879857412, "vtv": 0.0036188060514644018, "xlk": 0.004599263907520887, "xlf": -0.004150693014584001, "xle": 0.008023624724884116, "xlv": 0.012254206351853777, "xlp": -0.009930309295482732, "xlu": -0.004890273088147832, "xly": -0.0052412275592681155, "xlb": 0.028824244222331145, "dbmf": 0.012737148033516887, "dbb": -0.0015257883532206196}, "r2": 0.9706630549428419, "alpha_ann": -0.02887644757805966, "alpha_t": -2.05607677353979}, "rec5": {"n": 1416, "betas": {"qqq": 0.03713925756364053, "ivv": 0.4540458718082348, "iwm": 0.09371861077998396, "efa": 0.20397061143851647, "vwo": 0.08391743064500051, "vnq": 0.019397319983274285, "bil": 0.009338233221861846, "shv": 0.6029007311525698, "ief": 0.02332964180250657, "tlt": 0.016792190465543904, "vblix": 0.08756140629769084, "agg": -0.1160021616285347, "vweax": 0.04350489285503444, "vmbix": 0.05244237346044114, "djp": -0.008798764712777006, "gsg": 0.006752233881306095, "gld": 0.01846095122742841, "fxe": 0.0027640321917116917, "fxy": -0.017398539397031353, "shy": -0.03799281253605321, "lqd": 0.041583347893279644, "hyg": -0.002860249540591087, "pff": -0.02593110132067394, "emb": -0.021999681508156864, "tip": -0.0009978076058692897, "vtv": 0.005079199027772101, "xlk": 0.003064100609428148, "xlf": -0.004656152143438765, "xle": 0.007683869508248325, "xlv": 0.011286811348609253, "xlp": -0.010896210727215987, "xlu": -0.004918547773237776, "xly": -0.006164499304039672, "xlb": 0.027665523734304608, "dbmf": 0.01180170754359379, "dbb": -0.0016841021655118957}, "r2": 0.9700656576399207, "alpha_ann": -0.033428090765484655, "alpha_t": -2.2805489809970454}, "corr_portfolio": 0.1435986409014807, "corr_benchmark": 0.6732456264384227, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.014199624350127915, "alpha_t_5y": -1.2686963849143098, "alpha_t_full": -1.149470413074661, "r2_5y": 0.9691018780661653, "alpha_pos_frac": 0.546875}, "paxhx": {"name": "Impax High Yield Bond Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.0023155988408836564, "ivv": 0.003910327187659638, "iwm": 0.004616108568262184, "efa": 0.010351699122775096, "vwo": -0.006733110823628232, "vnq": -0.004928784625167155, "bil": 0.08235310848313443, "shv": 0.16025333474553255, "ief": -0.011801773699831226, "tlt": 0.050315142945769775, "vblix": 0.2202760517244856, "agg": -0.09363702704532363, "vweax": 0.763138361866046, "vmbix": 0.021952592272090374, "djp": 0.00251127577021635, "gsg": -0.0012839352247028097, "gld": -0.004342767229690066, "fxe": 0.0032313250323086863, "fxy": 0.00369473316612463, "shy": 0.06210973612177473, "lqd": -0.05440797581034669, "hyg": 0.03319072598673597, "pff": 0.030195640488350956, "emb": -0.004827086810777356, "tip": 0.007892344971153513, "vtv": 0.013279714712527176, "xlk": 0.002864034299477004, "xlf": -0.005515824526122477, "xle": -0.002604174724990413, "xlv": -0.004316286880116896, "xlp": -0.013647032683616984, "xlu": 0.0006407547955710863, "xly": 0.0073339547507234315, "xlb": 0.009155472880490633, "dbb": 0.002485622640944876}, "r2": 0.8535675184913993, "alpha_ann": -0.005430910542274668, "alpha_t": -1.021379139641478}, "rec5": {"n": 1416, "betas": {"qqq": -0.0057932799028898654, "ivv": 0.0023182157200951157, "iwm": -0.005234282618478466, "efa": 0.007697295731899385, "vwo": -0.004018846598050077, "vnq": 0.0021246311346428824, "bil": 0.8041667514370485, "shv": -0.49468188400244145, "ief": 0.0003785672789804989, "tlt": 0.03991015371966637, "vblix": 0.24786239692292109, "agg": 0.09658750041042517, "vweax": 0.7945631709127589, "vmbix": -0.05983707711545264, "djp": 0.002578111889389461, "gsg": -0.002801424006353392, "gld": -0.004245408761888234, "fxe": -0.0032751716161070503, "fxy": 0.013752363172927934, "shy": -0.11596701394430442, "lqd": -0.13809787665599627, "hyg": 0.07130031527041227, "pff": 0.03281103660142996, "emb": 0.008808976752822101, "tip": 0.02572508080203892, "vtv": 0.02782504691938564, "xlk": 0.009568170537033465, "xlf": -0.0034709092544335674, "xle": -0.0022959640969891395, "xlv": -0.008897478296191813, "xlp": -0.011289429542664972, "xlu": -0.004314090197102247, "xly": 0.003980764834008204, "xlb": 0.011307216870139674, "dbb": -0.0008017383029718453}, "r2": 0.8690740610157249, "alpha_ann": -0.014515357906141132, "alpha_t": -1.4261608706134685}, "corr_portfolio": 0.28935698848359653, "corr_benchmark": 0.4475340765013552, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.012395041071125854, "alpha_t_5y": -1.5488176887273055, "alpha_t_full": 0.6973188626004404, "r2_5y": 0.8557277050779756, "alpha_pos_frac": 0.5964125560538116}, "paxwx": {"name": "Impax Sustainable Allocation Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.04022791800333281, "ivv": 0.3242294634702671, "iwm": 0.049854711952790204, "efa": 0.09177866117536454, "vwo": 0.010563219205091035, "vnq": 0.01563986343857448, "bil": -0.5127057883444256, "shv": 0.2074400939046375, "ief": 0.012439209334843644, "tlt": 0.04660503091985911, "vblix": 0.020459169231464833, "agg": 0.023690807414062025, "vweax": 0.052400107444029, "vmbix": 0.05965334193059727, "djp": -0.014919289271663359, "gsg": 0.007081327778044846, "gld": 0.005985870431063784, "fxe": 0.023435394020239177, "fxy": -0.0002056004027535296, "shy": 0.39753850734160956, "lqd": -0.008670581564306305, "hyg": 0.02846849687192297, "pff": -0.018127516891320587, "emb": -0.016293854830445976, "tip": -0.030447331604532602, "vtv": 0.04131128257376516, "xlk": -0.0034520493137813, "xlf": 0.017869467210818786, "xle": -0.015289043811648306, "xlv": 0.022145422411893396, "xlp": -0.008255403689347348, "xlu": -0.011507703137638122, "xly": -0.002570061637860596, "xlb": 0.03445567859035431, "dbb": 0.0017602877297547299}, "r2": 0.9535993774920575, "alpha_ann": -0.009277445827515452, "alpha_t": -1.4236105637743806}, "rec5": {"n": 1416, "betas": {"qqq": -0.09286037806979491, "ivv": 0.4061786630718553, "iwm": 0.05525227249332463, "efa": 0.0931565480935634, "vwo": 0.000677597286249491, "vnq": 0.010934296351828231, "bil": -0.48862623970160024, "shv": 0.17599867778163733, "ief": 0.053621826966853664, "tlt": 0.0074506465031246, "vblix": -0.01527180562032764, "agg": 0.08543079703979127, "vweax": 0.14716282546156495, "vmbix": 0.04230730708719518, "djp": -0.0004442418536298334, "gsg": -0.007768808114286845, "gld": 0.003979859591303823, "fxe": 0.02390383612363483, "fxy": 0.006621006956552444, "shy": 0.06780015425213548, "lqd": 0.02691173000128435, "hyg": -0.005779271641546741, "pff": -0.0016489264018826728, "emb": -0.005065229930870037, "tip": 0.007249463328534294, "vtv": 0.007556835725906049, "xlk": 0.06294819597000008, "xlf": 0.012943136145285562, "xle": -0.02444438212489149, "xlv": 0.027966232724011206, "xlp": -0.0027129270058989636, "xlu": -0.008074289890841689, "xly": 0.004778338814788669, "xlb": 0.025527351533084653, "dbb": -0.006274789918540071}, "r2": 0.944281654428036, "alpha_ann": -0.009499705997942656, "alpha_t": -0.6727735907536664}, "corr_portfolio": 0.2835793123347549, "corr_benchmark": 0.7058211707676609, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.018352610657320738, "alpha_t_5y": -1.6465036968152327, "alpha_t_full": 4.140771972755035, "r2_5y": 0.9385809366148687, "alpha_pos_frac": 0.5574468085106383}, "pazlx": {"name": "T. Rowe Price Target 2065 Fund", "local": false, "alpha_name": false, "full": {"n": 1469, "betas": {"qqq": 0.05017243492002854, "ivv": 0.4453563595170912, "iwm": 0.09143095457283393, "efa": 0.20512776123645007, "vwo": 0.08196917791651157, "vnq": 0.019619980567922534, "bil": 0.027909304923343568, "shv": 0.460762229843782, "ief": 0.027805279114553567, "tlt": 0.020073515116669285, "vblix": 0.09448112809969528, "agg": -0.10717557222179543, "vweax": 0.039557097348511636, "vmbix": 0.04312376683919368, "djp": -0.013093485457548786, "gsg": 0.010559105609239103, "gld": 0.0181218391635885, "fxe": 0.006016556412197915, "fxy": -0.014954068405575383, "shy": -0.046245075212373705, "lqd": 0.025335339227506807, "hyg": -0.0020642080802892953, "pff": -0.026524061853000082, "emb": -0.017708562425722496, "tip": 0.005096265341901662, "vtv": 0.017799246871805563, "xlk": -0.00450359566010766, "xlf": -0.0033500281314084524, "xle": 0.005052664311314827, "xlv": 0.008379693127898942, "xlp": -0.012430128746305516, "xlu": -0.005861422843117834, "xly": -0.007344081003004439, "xlb": 0.03044359981608305, "dbmf": 0.01158336006549891, "dbb": -0.00204551876276058}, "r2": 0.9705959290827493, "alpha_ann": -0.026356935289498375, "alpha_t": -1.8775180875270896}, "rec5": {"n": 1416, "betas": {"qqq": 0.05033149113558105, "ivv": 0.4473578675609562, "iwm": 0.09157173401727142, "efa": 0.20760829184023893, "vwo": 0.08057101020347023, "vnq": 0.02038574302199088, "bil": 0.0862992723612248, "shv": 0.4422227060105038, "ief": 0.024602533128727882, "tlt": 0.02432171692358414, "vblix": 0.09556522806641371, "agg": -0.14035356891054745, "vweax": 0.0401765017081416, "vmbix": 0.05284447520716802, "djp": -0.011974760851825219, "gsg": 0.009788100618866674, "gld": 0.019071683362778247, "fxe": 0.004516134835895552, "fxy": -0.01692603790116921, "shy": -0.024963547560990923, "lqd": 0.033874184358928486, "hyg": -0.0018594537663704372, "pff": -0.027958306642873968, "emb": -0.018372800625060012, "tip": 0.005789767523025556, "vtv": 0.022576746729942886, "xlk": -0.006008500921590543, "xlf": -0.0055949619596686465, "xle": 0.004050371800575387, "xlv": 0.006187241121884109, "xlp": -0.013484969086037815, "xlu": -0.006384484919104682, "xly": -0.007605941191502957, "xlb": 0.028924449547524864, "dbmf": 0.009893389449143086, "dbb": -0.0024349918432619994}, "r2": 0.9700198195751448, "alpha_ann": -0.030626381422584805, "alpha_t": -2.0917050558306527}, "corr_portfolio": 0.14345644844421257, "corr_benchmark": 0.6735941866233561, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.014310525141066675, "alpha_t_5y": -1.2769221995118432, "alpha_t_full": -1.1451677976752883, "r2_5y": 0.968904581895168, "alpha_pos_frac": 0.546875}, "pbaix": {"name": "BLACKROCK TACTICAL OPPORTUNITIES FUND", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.09966345708771679, "ivv": 0.016544706474255936, "iwm": 0.03606394043499161, "efa": 0.15159244745238115, "vwo": 0.052041837315623556, "vnq": 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-0.08586694448060861, "ivv": 0.003166634727150851, "iwm": 0.03327833210851076, "efa": 0.04800563787727433, "vwo": 0.0429810141810502, "vnq": -0.06967904934832435, "bil": -0.2752561059960835, "shv": 1.6088128286070549, "ief": 0.16336436673843888, "tlt": -0.14026908612216982, "vblix": 0.044816695728269955, "agg": 0.012315710225328286, "vweax": -0.10542223179023182, "vmbix": -0.009863247998105555, "djp": 0.0476962602556947, "gsg": -0.017287945181876076, "gld": -0.006125705877586469, "fxe": 0.0211621198807546, "fxy": -0.023238235191036887, "shy": -0.6398690313231772, "lqd": -0.10001439853283452, "hyg": 0.09276678096863482, "pff": 0.018090476505598037, "emb": 0.015927195263508522, "tip": 0.0756239531293246, "vtv": 0.04293793249715556, "xlk": 0.05017688691485665, "xlf": 0.024401534838029114, "xle": -0.009572210974871877, "xlv": -0.010451512599360661, "xlp": -0.012341714412309905, "xlu": 0.024856060352799653, "xly": 0.019683402664250973, "xlb": -0.0019991573498400633, "dbb": 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not alpha-driven", "alpha_ann_5y": 0.006793787554806139, "alpha_t_5y": 0.6457535508190279, "alpha_t_full": 0.754847667460761, "r2_5y": 0.9574098716233309, "alpha_pos_frac": 0.4864864864864865}, "pbbbx": {"name": "PIA BBB Bond Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.019254974592381287, "ivv": 0.08952946851892091, "iwm": 0.0036155425007437757, "efa": -0.014015507546588738, "vwo": -0.002821078998766464, "vnq": -0.0025001068460179317, "bil": -0.014945474459515714, "shv": -0.0052105258699259435, "ief": 0.31842809501009606, "tlt": 0.1250213814824951, "vblix": 0.4784912620645136, "agg": 0.06409192454296682, "vweax": 0.20274254493280075, "vmbix": -0.03010910825413417, "djp": -0.003650038288218423, "gsg": 0.006181015797123224, "gld": 0.002467466325118814, "fxe": 0.030587405876839096, "fxy": 0.013930765634862705, "shy": -0.11534851445263276, "lqd": 0.08031683994733697, "hyg": 0.02356465486211144, "pff": 0.01839707285407876, "emb": 0.04424454674712075, 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INCOME FUND", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.004519178204941639, "ivv": -0.012728957107240145, "iwm": -0.004216171463941813, "efa": -0.03111501972584522, "vwo": 0.013030191386399992, "vnq": 0.016767519122435987, "bil": -0.1319782770706021, "shv": 0.2553736087837076, "ief": 0.058369981583535194, "tlt": -0.002688649514010457, "vblix": 0.23540623293070323, "agg": 0.10308006755549544, "vweax": 0.18859453425218609, "vmbix": -0.09969704403456851, "djp": 0.003767982476242468, "gsg": -0.005942754420016921, "gld": -0.0011841747164644599, "fxe": 0.02437430696791882, "fxy": 0.022770412969776947, "shy": -0.14671229472085712, "lqd": 0.0659050025854377, "hyg": -0.026884544766913987, "pff": 0.02848110145639728, "emb": -0.04444452126251166, "tip": -0.01446486916011345, "vtv": 0.10090056053059134, "xlk": -0.0010320866924982627, "xlf": -0.04636951075425222, "xle": -0.011858881012359986, "xlv": -0.0126540699851472, "xlp": 0.005562303919107768, "xlu": 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Rowe Price QM U.S. Bond Index Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.009074794094479473, "ivv": 0.031191176116641472, "iwm": 0.003085042968534154, "efa": -0.001960486482522863, "vwo": 0.0014528293832092407, "vnq": 0.002955187970131144, "bil": -0.16602648360975072, "shv": -0.05133010700168911, "ief": 0.18517296489355883, "tlt": 0.14943719889542398, "vblix": 0.30331703272974725, "agg": -0.0716560714136957, "vweax": 0.09023626814043396, "vmbix": 0.24545006577648562, "djp": -0.00359035325786023, "gsg": 3.306246453555786e-06, "gld": 0.000949144968900075, "fxe": 0.0011602327194005972, "fxy": 0.00015322583516885958, "shy": 0.561000011403175, "lqd": -0.03066330825055304, "hyg": -0.003446688376142334, "pff": -0.0120474536835648, "emb": -0.0009296927485573485, "tip": -0.012731348694621296, "vtv": -0.008038908363881088, "xlk": -0.013714750421695692, "xlf": -0.0016056415960966901, "xle": 0.00019514063479647467, "xlv": -0.000781331709689882, "xlp": 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-0.011001634761301629, "vtv": -0.015398292996732118, "xlk": 0.00319787166806051, "xlf": 0.0020255068339166075, "xle": 0.0026169455303769, "xlv": -0.0005979760489198332, "xlp": 0.0033646386319741766, "xlu": -7.637958755037246e-05, "xly": -0.0014465763149136219, "xlb": 0.0019710134400492503, "dbb": 0.0007479746427518962}, "r2": 0.9739211389425412, "alpha_ann": 0.0063735690838852025, "alpha_t": 1.2099225170853196}, "corr_portfolio": -0.12067708726934477, "corr_benchmark": 0.6643800803842884, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.0034540226158731534, "alpha_t_5y": 0.7593426315458411, "alpha_t_full": -0.052996404742555785, "r2_5y": 0.9656150124307087, "alpha_pos_frac": 0.5028901734104047}, "pbqax": {"name": "PGIM Jennison Blend Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.19224285123108897, "ivv": 0.3860510731913054, "iwm": 0.3358037453168939, "efa": 0.040614713887572325, "vwo": 0.017442082271065425, "vnq": 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Rowe Price Institutional Mid-Cap Equity Growth Fund", "local": true, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.0538798790270294, "ivv": 0.13401975493685606, "iwm": 0.3001012053074646, "efa": 0.01266477168528031, "vwo": 0.013126418019824396, "vnq": 0.03219066626143459, "bil": -0.006141373894832459, "shv": 0.288633668855042, "ief": -0.10099946589604805, "tlt": 0.046133508378255784, "vblix": 0.035482351638720995, "agg": 0.0012774386292552042, "vweax": 0.01510628893499053, "vmbix": -0.07456678288681219, "djp": -0.007741958693297781, "gsg": 0.012982927174483613, "gld": -0.0158395587812816, "fxe": 0.030999101868549074, "fxy": -0.02955100222470281, "shy": 0.22742560001629622, "lqd": 0.013711890373841922, "hyg": 0.034712376419800205, "pff": 0.06206586782083827, "emb": 0.006181436192038369, "tip": -0.031496705751702186, "vtv": -0.1665585278438418, "xlk": 0.08900953921673148, "xlf": 0.024826141430483718, "xle": -0.01234920462999003, "xlv": 0.18877627106788497, "xlp": -0.013488683808991772, "xlu": -0.004087973238376465, "xly": 0.12370480408189627, "xlb": 0.13933836038116013, "dbb": -0.009148357796804361}, "r2": 0.9289979563573635, "alpha_ann": -0.01675591320218811, "alpha_t": -1.2061543593317519}, "rec5": {"n": 1416, "betas": {"qqq": 0.30803805929152506, "ivv": -0.2800481355767718, "iwm": 0.28481673363830984, "efa": -0.010138492614608384, "vwo": 0.024414373816446337, "vnq": 0.08840151701709127, "bil": -0.09613928026526011, "shv": 0.7196230203549195, "ief": 0.2193214599221898, "tlt": 0.10367895416314096, "vblix": 0.2755430975976428, "agg": -0.5928674364054771, "vweax": -0.09864335978013207, "vmbix": -0.11066612929347697, "djp": -0.024606453687717612, "gsg": 0.03754572272665334, "gld": -0.03772481593467829, "fxe": 0.029706081621842476, "fxy": -0.039861359591966794, "shy": 0.4059045995611285, "lqd": -0.014213969491232364, "hyg": 0.1794986040940163, "pff": 0.044103944758407516, "emb": 0.017205113110732247, "tip": -0.027488321722495927, "vtv": -0.19663063461949928, "xlk": 0.09048972076633748, "xlf": 0.11470099571252562, "xle": -0.0047669539227545915, "xlv": 0.253946613727473, "xlp": 0.009232606720900881, "xlu": -0.00407157690155565, "xly": 0.07607746455329124, "xlb": 0.18609628367581693, "dbb": -0.018662403859835988}, "r2": 0.9139928221939578, "alpha_ann": -0.0678602516870618, "alpha_t": -2.210235621140844}, "corr_portfolio": 0.219901371065793, "corr_benchmark": 0.6100665472341495, "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_ann_5y": 0.0011145266194566388, "alpha_t_5y": 0.12571659361489895, "alpha_t_full": 0.4363007099014157, "r2_5y": 0.8791140158667089, "alpha_pos_frac": 0.6102564102564103}, "pmvax": {"name": "Putnam Sustainable Future Fund", "local": false, "alpha_name": false, "full": {"n": 1815, "betas": {"qqq": 0.33970195739829173, "ivv": -0.07796211541203106, "iwm": 0.4124500315528199, "efa": 0.06433903380796636, "vwo": 0.014609720991581728, "vnq": -0.016474198620510114, "bil": 0.21127627074055377, "shv": 1.4485453616391997, "ief": 0.2848716973391982, "tlt": 0.012166282277827798, "vblix": -0.004743943147080157, "agg": -0.06096425107076534, "vweax": 0.027711150164920213, "vmbix": -0.2265576831922094, "djp": -0.027410453209929242, "gsg": 0.03806850759424522, "gld": -0.02378799467351624, "fxe": -0.0312880200097519, "fxy": 0.010342334270498686, "shy": -0.6558633657477887, "lqd": 0.04700506198473361, "hyg": 0.0028163641856985503, "pff": 0.0198795116136368, "emb": -0.026750330989886467, "tip": 0.04687174960058008, "vtv": -0.5959218934906793, "xlk": 0.1672335802433846, "xlf": 0.11743747908784694, "xle": -0.024622790483753317, "xlv": 0.2719347613682649, "xlp": -0.03479313661377671, "xlu": 0.10016983804873454, "xly": 0.05440860702870152, "xlb": 0.1281354604158323, "dbmf": -0.004843496977243303, "dbb": -0.007972475505971008}, "r2": 0.9076203797317948, "alpha_ann": -0.07622158785390583, "alpha_t": -2.363937627199848}, "rec5": {"n": 1398, "betas": {"qqq": 0.4254770134807567, "ivv": -0.18107969339711597, "iwm": 0.3904659556120907, "efa": 0.0542709464525383, "vwo": 0.018232011574632438, "vnq": 0.014666418339684163, "bil": 0.36777479427017307, "shv": 1.4332537830985321, "ief": 0.38236721849514915, "tlt": 0.03450352463237553, "vblix": 0.1747097240884476, "agg": -0.25374151604540723, "vweax": -0.027513784862170976, "vmbix": -0.2855152015965706, "djp": -0.0579570260192143, "gsg": 0.06560926762429338, "gld": -0.03183271189162557, "fxe": -0.04742198272111159, "fxy": -0.005038106585939628, "shy": -0.3092601320962181, "lqd": -0.043533366930050485, "hyg": 0.10408146591377739, "pff": 0.07687854841341482, "emb": 0.011731380735616428, "tip": -0.02841903189548015, "vtv": -0.5297353897148412, "xlk": 0.14667186818259173, "xlf": 0.14412942167196605, "xle": -0.020020565796354462, "xlv": 0.27578883404012794, "xlp": -0.06085188741864299, "xlu": 0.10443677424999524, "xly": 0.02940555677799097, "xlb": 0.12442503227500351, "dbmf": -0.019104083982636216, "dbb": -0.002389294196137287}, "r2": 0.8963500012515982, "alpha_ann": -0.11462563957410792, "alpha_t": -2.9476737770801824}, "corr_portfolio": 0.07997805413937256, "corr_benchmark": 0.6523307263767432, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.09456741357390297, "alpha_t_5y": -3.0009644814547345, "alpha_t_full": -1.9213502965955647, "r2_5y": 0.8798217630430863, "alpha_pos_frac": 0.4823529411764706}, "pnbax": {"name": "Virtus NFJ Large-Cap Value Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.07814406597060947, "ivv": 0.05437759316740133, "iwm": 0.0793351650356163, "efa": -0.025432483137263578, "vwo": 0.011128865167346779, "vnq": 0.08685929028679766, "bil": -0.721233679899776, "shv": 0.8769647996923552, "ief": 0.05693313946708692, "tlt": 0.0018689989560918812, "vblix": -0.056718353016023605, "agg": -0.08518722972196743, "vweax": 0.03154292468939064, "vmbix": 0.12974581475655284, "djp": 0.0034358280435369567, "gsg": 0.022862384029003858, "gld": 0.0062839889987324656, "fxe": -0.031056045904936443, "fxy": 0.02926615292683298, "shy": -0.35919367299613053, "lqd": 0.011023074546061192, "hyg": 0.05565689413447567, "pff": 0.06671067555282284, "emb": -0.04638924756157087, "tip": -0.006063689435737956, "vtv": 0.35501720291894906, "xlk": 0.040161992525484684, "xlf": 0.1196712011130797, "xle": 0.003334920151573586, "xlv": 0.060311805114992956, "xlp": -0.014589961292291927, "xlu": 0.02081870648839935, "xly": 0.021543945828831092, "xlb": 0.06620660969650342, "dbmf": -0.03369372858610867, "dbb": 0.00015952684101617348}, "r2": 0.9488548248635452, "alpha_ann": -0.03343455315405534, "alpha_t": -1.58119688166997}, "rec5": {"n": 1416, "betas": {"qqq": 0.16079866682602675, "ivv": -0.026508134596855006, "iwm": 0.08451005875584425, "efa": -0.04906130144948956, "vwo": 0.014303213284400514, "vnq": 0.11897199641445738, "bil": -1.0263015096390478, "shv": 1.0416885092760617, "ief": 0.13916951438214398, "tlt": 0.05578917941258169, "vblix": 0.11459271355936394, "agg": -0.7072120324994065, "vweax": 0.008941061823737401, "vmbix": 0.21418696698596146, "djp": 0.011434869543544194, "gsg": 0.00985176650487985, "gld": 0.0070069187220710635, "fxe": -0.01790494669786181, "fxy": 0.03410684611464143, "shy": 0.07742408391303003, "lqd": 0.09864196229137438, "hyg": 0.09481415375490161, "pff": 0.10993954084156915, "emb": -0.03175054719921935, "tip": -0.027681728070187192, "vtv": 0.34076091286459176, "xlk": 0.005312855306999627, "xlf": 0.14581565053920104, "xle": 0.012991624607798189, "xlv": 0.05297279852278456, "xlp": -0.026700405101194563, "xlu": 0.018741647582953914, "xly": 0.0021351583304178717, "xlb": 0.07422132190121626, "dbmf": -0.024963443328136832, "dbb": -0.004137510473318805}, "r2": 0.9168769704006693, "alpha_ann": -0.020335627454924784, "alpha_t": -0.7727359816992028}, "corr_portfolio": 0.3409935266835361, "corr_benchmark": 0.5722840211585848, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.021492368503141672, "alpha_t_5y": -0.958290039932699, "alpha_t_full": -1.5738533628978375, "r2_5y": 0.89295093447753, "alpha_pos_frac": 0.46551724137931033}, "pneax": {"name": "Virtus NFJ Dividend Value Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.039128698226019776, "ivv": 0.17885988169723518, "iwm": 0.034988255372496745, "efa": 0.03634161000083154, "vwo": -0.005145259254951624, "vnq": 0.04870764002613522, "bil": 0.07433127235575386, "shv": 0.09231523204660025, "ief": -0.09577948585902128, "tlt": 0.04220652709530247, "vblix": -0.011366307585031902, "agg": -0.0349290863724236, "vweax": 0.060905173013729635, "vmbix": 0.20764533641358524, "djp": -0.010866429303995723, "gsg": 0.037225500500030574, "gld": 0.01150294373863638, "fxe": 0.0039876034767704575, "fxy": -0.0030064238042696203, "shy": 0.052508784749226614, "lqd": -0.04382525431312293, "hyg": 0.03802484947860479, "pff": 0.0406617683991944, "emb": 0.01739691375160163, "tip": -0.050912073760978754, "vtv": 0.6003714022818242, "xlk": 0.01700769167984838, "xlf": 0.05019914597659249, "xle": -0.021005249991255727, "xlv": 0.017799259845169915, "xlp": -0.03361629792247518, "xlu": 0.008635874006470484, "xly": 0.019585237750925796, "xlb": 0.04661269219243826, "dbb": -0.00461662268266297}, "r2": 0.9404556244686196, "alpha_ann": -0.03451711849292279, "alpha_t": -2.882819387586657}, "rec5": {"n": 1416, "betas": {"qqq": 0.08317997038260633, "ivv": -0.04275830554301939, "iwm": 0.058615102008473634, "efa": -0.0301575646271917, "vwo": 0.01398586157278678, "vnq": 0.1691648321203975, "bil": -1.5935919993874215, "shv": 1.4057255507691457, "ief": 0.07952094682442497, "tlt": 0.07509500326269092, "vblix": 0.06583951060920333, "agg": -0.7616233087882172, "vweax": 0.04615897621411634, "vmbix": 0.28753679777778207, "djp": 0.012331581676048068, "gsg": 0.010746641409649434, "gld": 0.019432727523223767, "fxe": -0.007646418762743795, "fxy": 0.03151712494819586, "shy": 0.19553923018708638, "lqd": 0.1059680980189071, "hyg": 0.06393772301794409, "pff": 0.10130703834181537, "emb": 0.029837676666082964, "tip": -0.09013285795489318, "vtv": 0.5032348510656536, "xlk": 0.008393229780079722, "xlf": 0.07948611660838227, "xle": -0.0187685725899761, "xlv": 0.03582937729502687, "xlp": -0.021887815997286467, "xlu": 0.026987124984160747, "xly": 0.010406422724766239, "xlb": 0.05649706776683902, "dbb": -0.00904333994316929}, "r2": 0.8970850918846474, "alpha_ann": 0.002389362622472659, "alpha_t": 0.08254999458961988}, "corr_portfolio": 0.3445880684032292, "corr_benchmark": 0.5672948921963767, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.003772619753803793, "alpha_t_5y": 0.1552536364874618, "alpha_t_full": -0.955426419457238, "r2_5y": 0.8711737443157401, "alpha_pos_frac": 0.5067264573991032}, "pngax": {"name": "Putnam International Value Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.018351460356665045, "ivv": -0.16786126423404354, "iwm": -0.005836523464787662, "efa": 0.8798400229424302, "vwo": 0.01588850419415716, "vnq": -0.014657102510753547, "bil": -0.5439729766374009, "shv": 0.3956658250372281, "ief": -0.04216941526615599, "tlt": -0.012381682101628103, "vblix": 0.08399608874560173, "agg": -0.0007302638613796231, "vweax": 0.1197116374607574, "vmbix": -0.016989200701805922, "djp": 0.015267403146501836, "gsg": -0.00880781915633261, "gld": -0.011339754015633655, "fxe": 0.12060131959317508, "fxy": 0.029854267222375275, "shy": -0.10091229877257563, "lqd": -0.006290102992031003, "hyg": -0.03633944674480104, "pff": 0.020813316928511853, "emb": 0.01665573548981839, "tip": 0.08112451126514611, "vtv": 0.08954886807929593, "xlk": 0.0013460406534497144, "xlf": 0.06185812819099836, "xle": 0.0495754368707627, "xlv": -0.004600866730278623, "xlp": -0.009130961345362336, "xlu": 0.0012569123231855165, "xly": 0.009160816725098823, "xlb": -0.003322197754354217, "dbb": 0.00029667449560509106}, "r2": 0.9375790684390054, "alpha_ann": 0.015826779148933812, "alpha_t": 1.302020085709286}, "rec5": {"n": 1416, "betas": {"qqq": -0.1504318318079839, "ivv": 0.0019002886265920118, "iwm": -0.019421609860558346, "efa": 0.8515765595530104, "vwo": 0.034380480770803835, "vnq": -0.028144405948129603, "bil": -0.7641762496045, "shv": 0.8081262141848934, "ief": 0.027941071812669877, "tlt": -0.0249479741184415, "vblix": 0.14938981446946692, "agg": -0.20499518589045898, "vweax": -0.032034344130770484, "vmbix": 0.13620543827399634, "djp": 0.0032748078517609164, "gsg": -0.007048748054556238, "gld": -0.00890989968340047, "fxe": 0.14226715408563448, "fxy": 0.02783828944777598, "shy": -0.14595722572249625, "lqd": 0.02269612653767529, "hyg": -0.03956722196639216, "pff": -0.01402226038090057, "emb": 0.06505013141816861, "tip": 0.019661081743783376, "vtv": 0.06679312344130396, "xlk": 0.04000387038123611, "xlf": 0.07902259591639507, "xle": 0.050646092090804624, "xlv": -0.04497506394472589, "xlp": -0.0014837040529447048, "xlu": -0.002328972026219047, "xly": 0.01494817548160829, "xlb": 0.0025390690524911236, "dbb": 0.004730384416942475}, "r2": 0.923365063846988, "alpha_ann": 0.03660762738576432, "alpha_t": 1.5097978645565868}, "corr_portfolio": 0.456500172262473, "corr_benchmark": 0.48588485439583146, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.034852777499856755, "alpha_t_5y": 1.798907028318978, "alpha_t_full": -0.12299859415814182, "r2_5y": 0.9133324217171169, "alpha_pos_frac": 0.5361702127659574}, "pnopx": {"name": "PUTNAM SUSTAINABLE LEADERS FUND", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.22577572859071737, "ivv": 0.4834537964339459, "iwm": 0.06814566684785921, "efa": 0.07092665877518282, "vwo": 0.006627466890337045, "vnq": 0.003053392099458257, "bil": -0.4114103518381119, "shv": 0.686870867898075, "ief": -0.10023549836667368, "tlt": 0.02536528713603222, "vblix": -0.009425586867157047, "agg": 0.06696447715595408, "vweax": -0.004202515229199185, "vmbix": -0.05371420896860321, "djp": -0.013493416853684255, "gsg": 0.009386503712459162, "gld": -0.00774171017023553, "fxe": -0.012943913679507623, "fxy": -0.02686817429932689, "shy": 0.13910683179878056, "lqd": -0.037382920775134734, "hyg": 0.06427236933661715, "pff": -0.03108942674602947, "emb": -0.027010636965106024, "tip": 0.04490272727726782, "vtv": -0.27895608377072617, "xlk": 0.06237253100632264, "xlf": 0.08553858385971386, "xle": -0.00967990292500233, "xlv": 0.13195119494170532, "xlp": 0.006180662006932685, "xlu": 0.009276357649153051, "xly": 0.013931574280132059, "xlb": 0.09039880085044813, "dbb": -0.0003304746125351449}, "r2": 0.9638722037601463, "alpha_ann": -0.01114979049680766, "alpha_t": -1.1562433697372585}, "rec5": {"n": 1416, "betas": {"qqq": -0.029103054754879176, "ivv": 0.7870739729857401, "iwm": 0.018891844984651116, "efa": 0.0634592354853711, "vwo": -0.006317863394625726, "vnq": 0.005934329239109775, "bil": 0.11273901622059893, "shv": 0.7792887870870054, "ief": 0.07711902932854856, "tlt": 0.01475928198083478, "vblix": 0.13287655548175165, "agg": -0.0028644706420131024, "vweax": -0.04617942171105659, "vmbix": -0.03428443842260175, "djp": 0.0010778818712375929, "gsg": -0.0004719479927084152, "gld": -0.014115911958760188, "fxe": -0.04434670047373652, "fxy": -0.02133443055460511, "shy": -0.1302753399956893, "lqd": -0.09530686218225791, "hyg": 0.0391669907365414, "pff": 0.00927950007095923, "emb": 0.020304083884870018, "tip": 0.019159981987866646, "vtv": -0.2549133577532261, "xlk": 0.13920965946722313, "xlf": 0.07231277359732464, "xle": -0.021477376084005125, "xlv": 0.08428341144088378, "xlp": 0.011045736020840026, "xlu": 0.01694064038694292, "xly": 0.019343075549771608, "xlb": 0.061492532109401185, "dbb": -0.008166863733469611}, "r2": 0.971352811097627, "alpha_ann": -0.052596231382762655, "alpha_t": -3.2217321154336127}, "corr_portfolio": 0.24102511009539707, "corr_benchmark": 0.6136347268875793, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.034943784535261486, "alpha_t_5y": -2.605814427275855, "alpha_t_full": 3.7770488240464726, "r2_5y": 0.9656691117856804, "alpha_pos_frac": 0.574468085106383}, "pnrax": {"name": "Putnam U.S. Research Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.07659764096217891, "ivv": 0.8410105182036134, "iwm": 0.037701665401411004, "efa": 0.030685285599271722, "vwo": 0.012519347093548908, "vnq": -0.008722180719690541, "bil": 0.12634879065464266, "shv": 0.36725499146201296, "ief": -0.04938387702742793, "tlt": -0.0029130200413980387, "vblix": 0.02960863807865759, "agg": -0.018948257187297115, "vweax": 0.008220971250868134, "vmbix": -0.00802431135423943, "djp": 0.0007619733551729574, "gsg": 0.009540582053737028, "gld": -0.004576819695156382, "fxe": -0.020686793338773286, "fxy": -0.005717606871486778, "shy": -0.005644577632071167, "lqd": 0.020593940971020873, "hyg": 0.006966936478124401, "pff": 0.004673914694341201, "emb": -0.007254133539561302, "tip": 0.05271130022438725, "vtv": -0.1122930046854847, "xlk": 0.00017432369483898235, "xlf": 0.025187624130407173, "xle": 0.007950587970242434, "xlv": 0.03571380758885359, "xlp": -0.019042040186525642, "xlu": 0.0016509905175224476, "xly": 0.007708118250828441, "xlb": 0.015134178901038332, "dbb": 0.003190840568366292}, "r2": 0.9785170197938645, "alpha_ann": 0.00010015946025283282, "alpha_t": 0.013985280077629012}, "rec5": {"n": 1416, "betas": {"qqq": 0.01119516949338989, "ivv": 0.93623644966337, "iwm": 0.03180160627810197, "efa": 0.024092036838416424, "vwo": 0.0025701077795217356, "vnq": -0.032206123994203306, "bil": 0.7770219868818465, "shv": -0.10607297550882107, "ief": 0.0451931273879178, "tlt": 0.016185558845126565, "vblix": 0.02959712295935003, "agg": -0.2680426578877884, "vweax": 0.0406369612264232, "vmbix": 0.07275463210962978, "djp": -0.007111811535686422, "gsg": 0.011906194248924617, "gld": 0.005773128157648528, "fxe": -0.020382338984362904, "fxy": 0.00017065641325592358, "shy": -0.015112598164386351, "lqd": 0.03706557020109204, "hyg": -0.03410487174228683, "pff": 0.0031652135165826144, "emb": 0.027115734097707497, "tip": 0.00806810929048187, "vtv": -0.072248754557099, "xlk": 0.02174027962580173, "xlf": 0.0039014986959806388, "xle": 0.006449098144991708, "xlv": 0.022932341868395333, "xlp": -0.014599152804761865, "xlu": 0.018646400833964325, "xly": 0.012171352236657974, "xlb": -0.000612595494352032, "dbb": -0.0017669323568448095}, "r2": 0.9754517855269149, "alpha_ann": -0.01374569651400031, "alpha_t": -0.9231252456797547}, "corr_portfolio": 0.276478412264447, "corr_benchmark": 0.6082408893482397, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.0078006379936287, "alpha_t_5y": 0.6819207949445134, "alpha_t_full": -0.49127034085497623, "r2_5y": 0.9742406045226302, "alpha_pos_frac": 0.5369649805447471}, "pnsax": {"name": "Putnam Small Cap Growth Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.20785518437450695, "ivv": 0.1673580211226739, "iwm": 0.890020157844478, "efa": 0.02781606950347718, "vwo": 0.01562648828573758, "vnq": -0.06439426897712608, "bil": 0.0811027518638803, "shv": -0.5280873784655817, "ief": -0.14646007743870865, "tlt": 0.03296192221579789, "vblix": 0.028987956215592293, "agg": 0.1613733785143067, "vweax": -0.033901538108918085, "vmbix": -0.2559993420622749, "djp": -0.03309797483542009, "gsg": 0.030893664696226123, "gld": 0.019906680603628546, "fxe": -0.006632310835536771, "fxy": -0.0316973153624202, "shy": 0.15901839779331003, "lqd": -0.002373844985378402, "hyg": 0.028302576915006913, "pff": 0.08935903940421756, "emb": -0.018503806394306415, "tip": 0.016654425879610548, "vtv": -0.12015829343018321, "xlk": 0.030325027884513862, "xlf": -0.12234211274446723, "xle": -0.0754426926413243, "xlv": 0.14319715739963187, "xlp": -0.10580122209095756, "xlu": 0.013075406098335867, "xly": -0.07199085798471794, "xlb": 0.024406154240553785, "dbb": 0.0021042139546580754}, "r2": 0.9181784542226079, "alpha_ann": 0.010008667801614659, "alpha_t": 0.5377638634195926}, "rec5": {"n": 1416, "betas": {"qqq": 0.36953115348393906, "ivv": -0.15039650802034646, "iwm": 0.8398737912007233, "efa": 0.09092249902991939, "vwo": -0.011187493291221564, "vnq": -0.07752992987166336, "bil": 0.7624706157473535, "shv": -0.966559008285057, "ief": 0.13021917699876642, "tlt": 0.10444889384423596, "vblix": 0.406123382608791, "agg": -0.039649232835770085, "vweax": -0.13893322633973082, "vmbix": -0.22886310993679027, "djp": -0.0671066717494737, "gsg": 0.04768311251103327, "gld": 0.01447374700377466, "fxe": -0.003243359502868175, "fxy": -0.02696303146614961, "shy": -0.0549330861189117, "lqd": -0.2032291389904701, "hyg": -0.015108285455563756, "pff": 0.05046030978413137, "emb": 0.05291908542403689, "tip": -0.03247494196487682, "vtv": 0.15297962232615245, "xlk": 0.05151358695036429, "xlf": -0.10059147288923938, "xle": -0.05198213294459797, "xlv": 0.06761234317214573, "xlp": -0.12945061050600978, "xlu": 0.03593662867835492, "xly": -0.08331953875178655, "xlb": 0.01052589755952929, "dbb": 0.0012183938012124695}, "r2": 0.8976050529967484, "alpha_ann": -0.007920410496131281, "alpha_t": -0.1838013135046231}, "corr_portfolio": 0.18048580695872893, "corr_benchmark": 0.5557651740392132, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.013138703584124807, "alpha_t_5y": -0.38602354240621056, "alpha_t_full": -0.040860454829000616, "r2_5y": 0.8868207594604377, "alpha_pos_frac": 0.515695067264574}, "pnvax": {"name": "Putnam International Small Cap Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.03157093012592671, "ivv": 0.017772181735606688, "iwm": 0.020335264161628005, "efa": 0.6611089045770079, "vwo": 0.056231474983543944, "vnq": 0.03172006187402403, "bil": -0.45508803781984397, "shv": 0.2869535096082143, "ief": 0.026093688433127166, "tlt": -0.00990377043194339, "vblix": 0.16683560168698316, "agg": -0.1068535232807976, "vweax": 0.3312695289049687, "vmbix": 0.04106590970745213, "djp": 0.029018482297592223, "gsg": -0.003675736422671072, "gld": 0.00043918523120832563, "fxe": 0.16625423370028336, "fxy": 0.07369289066134457, "shy": 0.021020455639202407, "lqd": -0.025323991151897294, "hyg": -0.07004528488861675, "pff": 0.027231124330460776, "emb": 0.006567933267420431, "tip": 0.04520429876251797, "vtv": -0.009027904783226974, "xlk": -0.02463993550951051, "xlf": 0.028990198805537916, "xle": -0.00595818393332955, "xlv": -0.006476804722663736, "xlp": -0.051615926037145016, "xlu": -0.01959015838155391, "xly": 0.02785219173571442, "xlb": 0.019916150610994623, "dbb": -0.006562485797546204}, "r2": 0.8807010142812707, "alpha_ann": 0.0006728903871602395, "alpha_t": 0.041980532807254584}, "rec5": {"n": 1416, "betas": {"qqq": -0.01703554025542603, "ivv": 0.14972401394114568, "iwm": 0.01932663347407583, "efa": 0.6042082934160912, "vwo": 0.06692971211122177, "vnq": 0.05337445092258744, "bil": -0.21810356546575618, "shv": 0.39246439865072513, "ief": 0.21555119730756603, "tlt": -0.060533049262069, "vblix": 0.18856916736992127, "agg": -0.2167348970069624, "vweax": 0.34622429266765636, "vmbix": 0.016328760132696345, "djp": 0.02028272863760411, "gsg": 0.00045963334236108326, "gld": 0.0019497631992891234, "fxe": 0.23257061205147903, "fxy": 0.05500246141537301, "shy": -0.219375429558944, "lqd": 0.04008701941097484, "hyg": -0.15528828350199814, "pff": 0.00415489123190445, "emb": 0.013379220879064107, "tip": 0.08211113341334952, "vtv": -0.04258843316729511, "xlk": -0.01377737057778454, "xlf": 0.04610622395923103, "xle": -0.0181725781456766, "xlv": -0.007212311186265952, "xlp": -0.036117773268223664, "xlu": -0.03296571118493508, "xly": 0.005025585112978754, "xlb": 0.009555257889932955, "dbb": -0.008035767271894145}, "r2": 0.8685555898303123, "alpha_ann": -0.0064571482713262135, "alpha_t": -0.2035443011466696}, "corr_portfolio": 0.37843130784261586, "corr_benchmark": 0.5341436653861956, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.01777045367072421, "alpha_t_5y": -0.7418658434781341, "alpha_t_full": 3.148881109128048, "r2_5y": 0.866818737661125, "alpha_pos_frac": 0.5201793721973094}, "pogax": {"name": "Putnam Large Cap Growth Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.22904918500149246, "ivv": 1.2405934031087276, "iwm": 0.024923322660396242, "efa": 0.02085219201027538, "vwo": 0.011798957103033383, "vnq": -0.003880057055502082, "bil": -0.376304755583431, "shv": 0.4104191294134731, "ief": -0.09165738750195591, "tlt": 0.032381556895368015, "vblix": 0.031979595536054464, "agg": 0.03432664242271165, "vweax": -0.033991981962288045, "vmbix": -0.10173941002848558, "djp": -0.02721110177370555, "gsg": 0.025105065231187964, "gld": 0.00465034304393206, "fxe": 0.008660417523092455, "fxy": -0.028553037518035538, "shy": 0.31147428650965686, "lqd": -0.02723902289976882, "hyg": 0.053236829662115986, "pff": -0.008048185678701015, "emb": -0.0359841865570035, "tip": 0.057841210420782545, "vtv": -0.6995945298203432, "xlk": 0.053148407044615244, "xlf": 0.03008247521308919, "xle": -0.013835069526768896, "xlv": 0.08534497524038619, "xlp": -0.04330787127002066, "xlu": 0.004288222716157959, "xly": 0.010719040140399691, "xlb": 0.024312847066919524, "dbb": 0.009073602887710856}, "r2": 0.9737931908410907, "alpha_ann": -0.005988487412057114, "alpha_t": -0.6489101057768948}, "rec5": {"n": 1416, "betas": {"qqq": 0.16754296425066995, "ivv": 1.2463151216631734, "iwm": 0.013558508145259912, "efa": 0.02698378177851969, "vwo": -0.009685900296385252, "vnq": -0.008152135534390955, "bil": 0.4517822657496975, "shv": 0.3812350947978589, "ief": 0.050772079163844346, "tlt": 0.060357812750406234, "vblix": 0.27987300423535316, "agg": 0.04053163887558379, "vweax": -0.12609447771099708, "vmbix": -0.03328991029325761, "djp": -0.023365202996416496, "gsg": 0.01931232216724604, "gld": 0.0026894135335514212, "fxe": -0.0012318301538964435, "fxy": -0.033667784865589294, "shy": -0.03088085393883273, "lqd": -0.20790169692076227, "hyg": 0.0157848284158597, "pff": -0.0022269821187306093, "emb": 0.018895075085977167, "tip": 0.027466714071939815, "vtv": -0.6993314150941939, "xlk": 0.1237160847857683, "xlf": 0.040377477199603766, "xle": -0.0024722963983112405, "xlv": 0.0724711929225782, "xlp": -0.021049250172280955, "xlu": 0.02349026670026561, "xly": 0.021936922450544558, "xlb": 0.0016995679303817776, "dbb": 0.0067947961893187955}, "r2": 0.980633984419956, "alpha_ann": -0.046175845708898274, "alpha_t": -2.7287421575069333}, "corr_portfolio": 0.15037798580951137, "corr_benchmark": 0.6178617057386717, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.03699181922939444, "alpha_t_5y": -2.190143201327193, "alpha_t_full": -1.771779866542727, "r2_5y": 0.9658299354712779, "alpha_pos_frac": 0.5515695067264574}, "pomix": {"name": "T. Rowe Price Total Equity Market Index Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.016567234602235303, "ivv": 0.7627560608834836, "iwm": 0.11574541219364234, "efa": -0.0009733175935430943, "vwo": 0.003957131111109636, "vnq": 0.008914270192718975, "bil": 0.016278906769363274, "shv": 0.15759915165267643, "ief": -0.023751572931833605, "tlt": 0.011470562948953407, "vblix": 0.011024457124554084, "agg": -0.01591183564030466, "vweax": 0.007687516518683766, "vmbix": -0.018120835877951404, "djp": -0.00045673605051022167, "gsg": 0.004900835661622474, "gld": 0.0019617201248507744, "fxe": 1.811555270162081e-05, "fxy": -0.007843281997368043, "shy": 0.07157832076609087, "lqd": 0.002462616320426106, "hyg": 0.020769293180845656, "pff": 0.005884907608161354, "emb": -0.007221947705239834, "tip": -0.0031249696547175844, "vtv": -0.06546738727364973, "xlk": 0.038931206739877246, "xlf": 0.02761871031485322, "xle": 0.007111376887386378, "xlv": 0.018535807572568452, "xlp": 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Rowe Price Real Assets Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.00812887355862879, "ivv": 0.018601582593049462, "iwm": 0.07531103130305325, "efa": 0.1653822242151297, "vwo": 0.06305156988403494, "vnq": 0.2239059766905743, "shv": 0.0031115271134114376, "ief": -0.004171615903685197, "tlt": -0.03954514615836634, "vblix": 0.10084688070086896, "agg": -0.11092155359918199, "vweax": 0.0778444354094938, "vmbix": 0.0533544837214279, "djp": 0.035510335509023404, "gsg": -0.013408455335749199, "gld": 0.18510674420729387, "fxe": 0.10346862759690374, "fxy": 0.03406802898718893, "shy": -0.01860623106627596, "lqd": 0.10985155317271864, "hyg": 0.05607011420446964, "pff": -0.20671618886643686, "emb": -0.05525644788398759, "tip": -0.011812346824546576, "vtv": 0.06873296308634012, "xlk": 0.028085847159634556, "xlf": -0.027666124869821375, "xle": 0.11521146151997143, "xlv": -0.025832397908602707, "xlp": -0.029480627189181003, "xlu": 0.06986044652947695, "xly": -0.005462278508350427, "xlb": 0.17623145637090237, "dbmf": 0.013493558144143498, "dbb": 0.07456644795164855}, "r2": 0.921678890758037, "alpha_ann": -0.06394768113376811, "alpha_t": -2.821517573705351}, "rec5": {"n": 1416, "betas": {"qqq": -0.02778630519840522, "ivv": 0.0142202597326727, "iwm": 0.0715779268198418, "efa": 0.15643619095086977, "vwo": 0.0780645019320226, "vnq": 0.23408753231205373, "shv": -0.000531274191631772, "ief": -0.010928675310230836, "tlt": -0.018789862971573288, "vblix": -0.00201626637428405, "agg": -0.0094317857903364, "vweax": 0.036588882947846756, "vmbix": 0.0005171216930201453, "djp": 0.0457795741648491, "gsg": -0.012694395978073252, "gld": 0.17937497534462898, "fxe": 0.07535789304703458, "fxy": 0.023853794448547225, "shy": -0.005217232286575597, "lqd": -0.013998127926563625, "hyg": 0.004474797846970773, "pff": 0.010467369788771736, "emb": 0.014322843631864663, "tip": -0.0026939285858845817, "vtv": 0.040602846951326245, "xlk": 0.02622784946711909, "xlf": -0.006579019417159302, "xle": 0.12862899381575726, "xlv": -0.02579950963001986, "xlp": -0.023912296582814734, "xlu": 0.04142042746565709, "xly": -0.010313129358771992, "xlb": 0.17782253353429373, "dbmf": 0.022387139167100743, "dbb": 0.06655456935947596}, "r2": 0.9312985835747547, "alpha_ann": -0.032417203502009266, "alpha_t": -1.3588143435397018}, "corr_portfolio": 0.3616104070333625, "corr_benchmark": 0.5200870121157017, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.028370447974804213, "alpha_t_5y": -1.1593583917602257, "alpha_t_full": -1.5875430016323073, "r2_5y": 0.890006581638537, "alpha_pos_frac": 0.47058823529411764}, "prasx": {"name": "T. Rowe Price New Asia Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.06074794390015498, "ivv": -0.14617593807588597, "iwm": 0.04246528101450009, "efa": 0.05665251082802825, "vwo": 0.6701866987968882, "vnq": -0.021894067089946505, "bil": -0.7646248982578749, "shv": 1.4208223388519834, "ief": -0.07887802799622444, "tlt": 0.06825911267553651, "vblix": 0.1989858630862987, "agg": -0.3253638032233979, "vweax": 0.34675584433062107, "vmbix": 0.1717992169891096, "djp": -0.00716388801998891, "gsg": -0.03046841114327486, "gld": 0.0025505639004718395, "fxe": -0.09268302526098292, "fxy": -0.01692041180661967, "shy": 0.06577933715675006, "lqd": 0.03436432931007121, "hyg": -0.17170470165695195, "pff": 0.07030317182735232, "emb": -0.0421898647065623, "tip": -0.03468071110983473, "vtv": 0.2042862613587062, "xlk": 0.16188309252878808, "xlf": -0.08438020598337985, "xle": -0.022963070440394848, "xlv": -0.03448123991576546, "xlp": -0.1324055619851024, "xlu": -0.03899414513026777, "xly": 0.019670115979789092, "xlb": -0.021596878262791615, "dbb": 0.025868371792577297}, "r2": 0.7774147033099226, "alpha_ann": -0.006097248871933995, "alpha_t": -0.25459230462768473}, "rec5": {"n": 1416, "betas": {"qqq": 0.22860441038578155, "ivv": -0.2441064338817599, "iwm": -0.0237236213918038, "efa": 0.027982319306864872, "vwo": 0.9884213287922538, "vnq": -0.030332767694354914, "bil": -1.836843580170909, "shv": 2.163571317494638, "ief": 0.1846983295139603, "tlt": 0.018835997153961823, "vblix": -0.0969393797227306, "agg": -0.6575936005340369, "vweax": 0.29454162402328027, "vmbix": 0.17449160871012567, "djp": -0.02252541562002857, "gsg": 0.034220375198604984, "gld": -0.01092312589418152, "fxe": -0.07481544283625341, "fxy": -0.04632081289138953, "shy": 0.13164486101070702, "lqd": 0.2189545297093696, "hyg": -0.14039491773774374, "pff": 0.03961569667621982, "emb": -0.0849643973235985, "tip": -0.11452831598511559, "vtv": 0.6311763170567812, "xlk": 0.018883983073061824, "xlf": -0.17144287313509907, "xle": -0.07207671177667388, "xlv": -0.11690907004812014, "xlp": -0.15546084452194364, "xlu": -0.06065842307267745, "xly": -0.03532152098947726, "xlb": -0.05194905202177374, "dbb": 0.005801432537981224}, "r2": 0.8637276181102833, "alpha_ann": -0.04657647450597351, "alpha_t": -1.1149044196057918}, "corr_portfolio": 0.2270964862712669, "corr_benchmark": 0.42628099815029613, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.03676582860298671, "alpha_t_5y": -1.162621641080458, "alpha_t_full": 3.0796570548117366, "r2_5y": 0.8617553574182966, "alpha_pos_frac": 0.5560538116591929}, "prblx": {"name": "Parnassus Core Equity Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.06657679856426615, "ivv": 0.8056924512414996, "iwm": 0.03835092356633254, "efa": 0.0035200246451973774, "vwo": -0.00498524884748372, "vnq": 0.002349758553457482, "bil": -0.03168785961313916, "shv": 0.461485383929195, "ief": -0.01583239349653343, "tlt": 0.02717591575253018, "vblix": 0.059884283986646664, "agg": 0.012541297009509036, "vweax": 0.0030445217960836154, "vmbix": 0.010460947267352552, "djp": 0.0012249109678990292, "gsg": 0.009202158512332734, "gld": -0.010873865919045071, "fxe": 0.00034471771773134774, "fxy": -0.010904020072030899, "shy": 0.08924146254198889, "lqd": -0.04455136484578828, "hyg": -0.03927826827135799, "pff": 0.014055385662653368, "emb": 0.0013232488441928245, "tip": 0.017130890225863685, "vtv": -0.13769926236665267, "xlk": 0.11738343227081577, "xlf": 0.022500548746909828, "xle": -0.03515087619872934, "xlv": 0.06789901334027751, "xlp": 0.10019534633738397, "xlu": 0.012443244900103437, "xly": -0.024253519032656115, "xlb": 0.053387782616010196, "dbb": -0.0003234085085927173}, "r2": 0.9518715650295576, "alpha_ann": -0.008417358232686025, "alpha_t": -0.8390208064867142}, "rec5": {"n": 1416, "betas": {"qqq": -0.014597432620245987, "ivv": 0.7126367790310418, "iwm": 0.0012265586462826016, "efa": 0.013860267704869252, "vwo": 0.0027319081222295077, "vnq": 0.03542582646229722, "bil": -0.35229034783298396, "shv": 0.9020230147055837, "ief": -0.007694948611135822, "tlt": 0.008731955222845754, "vblix": 0.07989763155404037, "agg": 0.13388751822137337, "vweax": -0.05186615764091078, "vmbix": 0.0012263977078787063, "djp": -0.004119155593938925, "gsg": 0.018424756124007634, "gld": -0.013644568038470086, "fxe": -0.020725159313643094, "fxy": -0.002479654282573926, "shy": -0.1172596756948229, "lqd": -0.05878492015479843, "hyg": -0.009683431851951436, "pff": -0.0072961406516235, "emb": -0.024531551343148248, "tip": 0.04466545814090577, "vtv": -0.1786385420363733, "xlk": 0.13408428161239863, "xlf": 0.08288053209954754, "xle": -0.04135106696506721, "xlv": 0.10349916256463543, "xlp": 0.08524143994321401, "xlu": 0.00014347070989709313, "xly": -0.03654447230982441, "xlb": 0.08468407600611025, "dbb": -0.004450015536984233}, "r2": 0.9530577484123568, "alpha_ann": -0.023776970482815477, "alpha_t": -1.210735447712706}, "corr_portfolio": 0.2529541274621002, "corr_benchmark": 0.6219976429749845, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.012650593581459505, "alpha_t_5y": -0.765083373213355, "alpha_t_full": 4.492611135518076, "r2_5y": 0.9409817367395459, "alpha_pos_frac": 0.4425531914893617}, "prcix": {"name": "T. Rowe Price New Income Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.015121061341700746, "ivv": 0.02472837743612727, "iwm": 0.0036901842904475614, "efa": -0.0068688758007877165, "vwo": 0.0026121665572932094, "vnq": 0.003304012123870355, "bil": -0.15881575745088847, "shv": -0.2784189941154613, "ief": 0.14024026732418232, "tlt": 0.15152373202481828, "vblix": 0.3117855887530446, "agg": -0.06285143634433864, "vweax": 0.1384631000413141, "vmbix": 0.24647920157625983, "djp": -0.003216042552905384, "gsg": 0.001452036603852136, "gld": -0.001333742158202762, "fxe": 0.0049706946897982995, "fxy": 0.003410365605314687, "shy": 0.5473753276589058, "lqd": -0.04349247370274309, "hyg": 0.011359752698489236, "pff": -0.0024222261756274765, "emb": 0.005139603954978118, "tip": -0.021102002275459893, "vtv": 0.013478106482244784, "xlk": -0.018705751012184347, "xlf": -0.007766652636438029, "xle": -0.002261129334658234, "xlv": 0.002391760655050421, "xlp": -0.008952666120573934, "xlu": 0.0033877872215455256, "xly": -0.009751118769757351, "xlb": 0.0011415281491583967, "dbb": 0.002682632587630383}, "r2": 0.9115480920720879, "alpha_ann": 0.00304978798626598, "alpha_t": 0.8050804518665488}, "rec5": {"n": 1416, "betas": {"qqq": -0.014034578545487926, "ivv": 0.03243732259328389, "iwm": -0.002418868557425247, "efa": 0.0030211997397752485, "vwo": 0.0010713081853091816, "vnq": 0.002145316120206864, "bil": -0.10772526658638915, "shv": -0.1018054448665592, "ief": 0.22334876909431578, "tlt": 0.13149771657194326, "vblix": 0.40799496143538844, "agg": 0.1021380025875815, "vweax": 0.093581073481643, "vmbix": 0.2126799844385, "djp": -0.0027777610459787565, "gsg": -0.0005501000954158837, "gld": -0.002701801259312044, "fxe": 0.0009418605179012524, "fxy": 0.0022828113608278273, "shy": 0.2828311209525206, "lqd": -0.10018243254566249, "hyg": -0.009506999506718114, "pff": -0.0026820828531190478, "emb": -0.008547172943144775, "tip": -0.004512540845014331, "vtv": -0.00027370552561696446, "xlk": 0.006679140994898402, "xlf": -0.0028977028155916713, "xle": 0.0015583625911804364, "xlv": 0.0031419592419171206, "xlp": -0.00426746939555595, "xlu": 0.0010870785435958261, "xly": -0.002169311455373013, "xlb": 0.0004018950334824566, "dbb": 3.399015484776462e-05}, "r2": 0.9601733480512049, "alpha_ann": 0.003649027737980286, "alpha_t": 0.569375470066492}, "corr_portfolio": -0.07390681462461982, "corr_benchmark": 0.6730349742448988, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.0007107788562143668, "alpha_t_5y": -0.13723433201003477, "alpha_t_full": 6.365050834911989, "r2_5y": 0.9540044117902331, "alpha_pos_frac": 0.5838150289017341}, "prcox": {"name": "T. Rowe Price U.S. Equity Research Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.04474010402823747, "ivv": 0.8269311873585092, "iwm": 0.013090477607724246, "efa": 0.012415721775020575, "vwo": -0.0008431673856409092, "vnq": 0.0019441408590099535, "bil": -0.04569059629032351, "shv": 0.1432091486060549, "ief": -0.03238673698551167, "tlt": 0.008234149667455486, "vblix": -0.015143471573419524, "agg": -0.030918069037154744, "vweax": 0.015819960202327753, "vmbix": -0.004835388277778525, "djp": -0.003721416265614013, "gsg": -0.0002362634012091586, "gld": 0.003821863312972446, "fxe": 1.0871609539650422e-05, "fxy": -0.012507017765345109, "shy": 0.10668870365914299, "lqd": 0.006066018635612186, "hyg": 0.015496069084623677, "pff": 0.004812606592764648, "emb": 0.0012764767343717064, "tip": 0.003778817199896049, "vtv": -0.06087737845511905, "xlk": 0.04473089236395025, "xlf": 0.03902064086280585, "xle": 0.009713364629329792, "xlv": 0.023337512972303322, "xlp": 0.0015217438853628998, "xlu": 0.006865771834806735, "xly": 0.016296342424580758, "xlb": 0.004554852873167328, "dbb": 0.000538321979132516}, "r2": 0.9904254740454087, "alpha_ann": -0.002614529103407767, "alpha_t": -0.5400614565783586}, "rec5": {"n": 1416, "betas": {"qqq": 0.011566231158841173, "ivv": 0.9517765086047577, "iwm": 0.021044291199260056, "efa": 0.023152790952927896, "vwo": -0.012389368911610249, "vnq": -0.008926535979903913, "bil": 0.03958038003880872, "shv": 0.29067274102340834, "ief": 0.008372227241338799, "tlt": 0.02878967728192552, "vblix": 0.06946208082338828, "agg": -0.1216575713014391, "vweax": 0.005656690627800734, "vmbix": 0.07609148637266805, "djp": -0.0068932257594418, "gsg": 0.004392716208726822, "gld": 0.01101338812318948, "fxe": -0.007801492915615462, "fxy": -0.02033568808040054, "shy": -0.03397431844439001, "lqd": -0.02942640811392945, "hyg": 0.04303118685961387, "pff": -0.0265094351232114, "emb": 0.0057422256807115706, "tip": -0.016956130774945073, "vtv": -0.06736530716982173, "xlk": 0.03507699648999573, "xlf": 0.019073644243931022, "xle": 0.0014083970579223857, "xlv": -9.752399641622947e-05, "xlp": 0.014960693882412507, "xlu": 0.002030031871566443, "xly": -0.0015417237681632293, "xlb": -0.0020250402967335393, "dbb": -0.0006251220455906759}, "r2": 0.9854477448988801, "alpha_ann": -0.009899037498908326, "alpha_t": -0.8569299776791577}, "corr_portfolio": 0.2793212368117234, "corr_benchmark": 0.6156565329333397, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.0022392286081116615, "alpha_t_5y": 0.2514160392085182, "alpha_t_full": 0.7548211809712864, "r2_5y": 0.9845663679664178, "alpha_pos_frac": 0.42718446601941745}, "prcpx": {"name": "T. Rowe Price Credit Opportunities Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.008644823145204636, "ivv": 0.0033709600776903204, "iwm": 0.007879223722343242, "efa": -0.024218806068068532, "vwo": -0.0032635147372843173, "vnq": -0.006364344317131671, "bil": 0.4712155652228862, "shv": -0.023561255693477254, "ief": 0.04045032200433152, "tlt": 0.1446606103464846, "vblix": 0.15671715465042782, "agg": -0.8347500289494517, "vweax": 0.8148992642748613, "vmbix": 0.047508996930897524, "djp": 0.012667964146876912, "gsg": -0.015585278581112253, "gld": -0.0026867517765185754, "fxe": 0.046510650431332755, "fxy": 0.02438897054555063, "shy": 0.5306137027748382, "lqd": 0.08988926281814565, "hyg": 0.028392293041311925, "pff": 0.08272766365597121, "emb": -0.046926768314423876, "tip": 0.03447671831131459, "vtv": 0.025073605988102356, "xlk": -0.0018332116714198422, "xlf": -0.014638441573042912, "xle": 0.006684000720421143, "xlv": 0.007409964505443729, "xlp": -0.043731690984110214, "xlu": 0.017935433883217007, "xly": 0.014921968667571433, "xlb": 0.008563937261203613, "dbmf": -0.0053697125258407585, "dbb": 0.005682306423448878}, "r2": 0.7951830434279521, "alpha_ann": 0.0019296476543550958, "alpha_t": 0.15086628957061732}, "rec5": {"n": 1416, "betas": {"qqq": -0.009806804368590404, "ivv": 0.03428749901683278, "iwm": -0.001972719689857323, "efa": 0.0024002569812736274, "vwo": 0.0027523824877219005, "vnq": 0.007410506824134148, "bil": 0.2658613954153004, "shv": 0.11522847407998656, "ief": -0.011467842489852791, "tlt": 0.06636840686726093, "vblix": 0.4044204967184582, "agg": 0.1660847622767711, "vweax": 0.736961950357268, "vmbix": -0.07923132915137072, "djp": -0.002531247581545769, "gsg": 0.006391848017651574, "gld": -0.0016458077026445042, "fxe": -0.004329221999166551, "fxy": 0.0007486225288573481, "shy": -0.12115230467442749, "lqd": -0.2318728013452114, "hyg": 0.0108305825448487, "pff": 0.02196576265809475, "emb": 0.00519200142139363, "tip": 0.0028566565926092706, "vtv": 0.006014224746305207, "xlk": 0.007118758972827054, "xlf": 0.005189894707972234, "xle": 0.0039573571606226505, "xlv": -0.0049220104546547055, "xlp": -0.014327763185380845, "xlu": 0.002308554206447908, "xly": 0.002924736418514017, "xlb": 0.00023533795187668204, "dbmf": -0.004960326104466606, "dbb": 0.004221302227600901}, "r2": 0.8651521928988863, "alpha_ann": 0.005991668773556148, "alpha_t": 0.6353219221808064}, "corr_portfolio": 0.29507505709464416, "corr_benchmark": 0.34975035520803566, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.01454886653880402, "alpha_t_5y": 1.966352022579707, "alpha_t_full": 0.7690031419380468, "r2_5y": 0.853237838102522, "alpha_pos_frac": 0.704225352112676}, "prdgx": {"name": "T. Rowe Price Dividend Growth Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.1339374087411291, "ivv": 0.38886873874094324, "iwm": -0.008497229162605887, "efa": 0.028078801377650665, "vwo": -0.008044801538360517, "vnq": 0.018945525821558267, "bil": 0.04485682048797291, "shv": 0.12620696100126746, "ief": -0.02889851265224053, "tlt": 0.035533239194714336, "vblix": 0.058761305351762834, "agg": -0.10242204208776222, "vweax": -0.03068528494916683, "vmbix": -0.017234201882577592, "djp": -0.013647528138539762, "gsg": 0.01316854504486014, "gld": -0.005474479744469958, "fxe": 0.001962078552654685, "fxy": -0.013000679740830407, "shy": 0.15190021218450628, "lqd": -0.0010136254165590778, "hyg": 0.004371455174480097, "pff": 0.015394653037011182, "emb": 0.010827693925214238, "tip": 0.0065015699802564485, "vtv": 0.11572427654742012, "xlk": 0.13148652746041017, "xlf": 0.08291886033453476, "xle": -0.010043506292269659, "xlv": 0.12346325466241719, "xlp": 0.08734717401098623, "xlu": 0.03478619096405762, "xly": 0.029869466977083228, "xlb": 0.06565583578147449, "dbb": -0.0019011894154329356}, "r2": 0.9770730640207137, "alpha_ann": 0.000933576039678499, "alpha_t": 0.14304375372454}, "rec5": {"n": 1416, "betas": {"qqq": -0.11010577668407973, "ivv": 0.3449768969646994, "iwm": -0.018200692808337332, "efa": 0.035169187149598186, "vwo": -0.013142702740566586, "vnq": 0.03157734220154997, "bil": 0.10461262031445852, "shv": -0.07414857760323386, "ief": 0.043031207960617796, "tlt": 0.031654951308913444, "vblix": 0.15003069799039886, "agg": -0.12315806337762135, "vweax": -0.07181486753926522, "vmbix": -0.009248112404041393, "djp": -0.02250567606182452, "gsg": 0.02655766874274135, "gld": -0.0053941681256407786, "fxe": -0.01302683528403138, "fxy": -0.008161857998736846, "shy": 0.012150524303150704, "lqd": -0.007866698922718428, "hyg": 0.05842103688465011, "pff": -0.02312877397955011, "emb": 0.0006146634745347455, "tip": 0.0003949254739790874, "vtv": 0.1220595027904307, "xlk": 0.140043598815035, "xlf": 0.12396917146647363, "xle": -0.014307096390449817, "xlv": 0.115683898354952, "xlp": 0.10982549945808451, "xlu": 0.0367130409321535, "xly": 0.0015704242774433157, "xlb": 0.0671422957916421, "dbb": -0.006014473223136904}, "r2": 0.9691415903853413, "alpha_ann": -0.00894442759875547, "alpha_t": -0.6569319709644231}, "corr_portfolio": 0.33565727897385983, "corr_benchmark": 0.5920883360618564, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.0007802843212795324, "alpha_t_5y": -0.05559737972462914, "alpha_t_full": 1.9328575109128734, "r2_5y": 0.9417773708804356, "alpha_pos_frac": 0.521551724137931}, "prdmx": {"name": "T. 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Rowe Price Equity Income Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.042859751358107046, "ivv": 0.016980818418664466, "iwm": 0.06084487291323478, "efa": 0.06561849962546959, "vwo": -1.5468819527899365e-05, "vnq": -0.0002448517822502477, "bil": 0.306586933820569, "shv": -0.11698466672542068, "ief": -0.010132843104235121, "tlt": -0.005702202833843233, "vblix": 0.0034225843609920043, "agg": -0.062471411394249055, "vweax": 0.034060556616779376, "vmbix": 0.017375396372328145, "djp": 0.009117253934604518, "gsg": -0.006647283927008412, "gld": -0.00912017445787543, "fxe": -0.0039046130847007966, "fxy": -0.004313325540051055, "shy": 0.014590741408279878, "lqd": 0.018619289402906233, "hyg": -0.01636294657587642, "pff": 0.017814802985238905, "emb": 0.02045322152101277, "tip": 0.003040906797293166, "vtv": 0.6434975183146617, "xlk": -0.00010234549170622638, "xlf": 0.09049240539963443, "xle": 0.04909313522685514, "xlv": -0.022872353806412463, "xlp": 0.005482793751305085, "xlu": 0.02576821879472534, "xly": 0.03305218026527287, "xlb": 0.04651098713786525, "dbb": -0.00957429937357414}, "r2": 0.9738167120357772, "alpha_ann": -0.008081379901781758, "alpha_t": -1.0506639059564964}, "rec5": {"n": 1416, "betas": {"qqq": -0.10617601125861112, "ivv": 0.15998846500104505, "iwm": 0.06990454814697507, "efa": 0.08598973437738065, "vwo": 0.01061869582888449, "vnq": 0.011208957671562552, "bil": 0.05866555353776616, "shv": 0.0964997606273794, "ief": -0.00811819172660073, "tlt": -0.0007387468592446177, "vblix": -0.04386322521468084, "agg": -0.23374455110527215, "vweax": 0.04439922608894091, "vmbix": 0.09874237224016037, "djp": 0.01748878272896113, "gsg": -0.01309661891678862, "gld": -0.0071289122579749715, "fxe": 0.0038382704924456255, "fxy": -0.014202319994929399, "shy": 0.004364731535283814, "lqd": 0.07805950715448563, "hyg": -0.005861046190577278, "pff": 0.0012933278380838369, "emb": 0.005128804476167616, "tip": 0.009987369995630513, "vtv": 0.5875945997250485, "xlk": -0.01738711869026395, "xlf": 0.09888440841658452, "xle": 0.03240771704260501, "xlv": -0.020477882774145535, "xlp": 0.016667811014762217, "xlu": 0.007200511690651664, "xly": 0.01901558884589076, "xlb": 0.02643834802140725, "dbb": -0.009069844477330653}, "r2": 0.9540836220528949, "alpha_ann": -0.006595058560030207, "alpha_t": -0.37508695376651885}, "corr_portfolio": 0.41059227467005194, "corr_benchmark": 0.5068245207131868, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.015144714056529306, "alpha_t_5y": 0.8493285891163505, "alpha_t_full": 3.9344757446636915, "r2_5y": 0.9162651084834567, "alpha_pos_frac": 0.4618834080717489}, "prfhx": {"name": "T. 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Rowe Price Summit Municipal Intermediate Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.013893853330043109, "ivv": -0.005512979415280402, "iwm": -0.006439921133932736, "efa": -0.026055798947561926, "vwo": 0.009215995639789684, "vnq": 0.01662001475994633, "bil": -0.08115871051638998, "shv": 0.2553528240842237, "ief": 0.04357122180036289, "tlt": 0.0027515145810574847, "vblix": 0.2131836110152292, "agg": 0.10510377902232754, "vweax": 0.16689975553673242, "vmbix": -0.03430551118131261, "djp": -0.0011359712897803227, "gsg": -0.003066524539625166, "gld": 0.002026701110204057, "fxe": 0.015872293778034757, "fxy": 0.019187915197736067, "shy": -0.05345229170643873, "lqd": 0.0701176790858345, "hyg": -0.0280126155604718, "pff": 0.024702353611429712, "emb": -0.03845816817951192, "tip": -0.04537894042554431, "vtv": 0.05576224661355658, "xlk": 0.01270171315338541, "xlf": -0.0301345215652736, "xle": -0.005257446902494106, "xlv": -0.003396159512225685, "xlp": 0.00484635689212807, "xlu": 0.007593131539134729, "xly": 0.003624059926720887, "xlb": -0.008839086999692703, "dbb": 0.0015105439997940978}, "r2": 0.4081735871133525, "alpha_ann": 0.011620035326080845, "alpha_t": 1.795218669754559}, "rec5": {"n": 1416, "betas": {"qqq": -0.01230078617080262, "ivv": -0.0038165883582129984, "iwm": -0.002808142466331226, "efa": -0.004759916297954908, "vwo": 0.015292528571428, "vnq": 0.020644204061349206, "bil": 0.1564182326942214, "shv": 0.45202482987209114, "ief": 0.06440572866353607, "tlt": 0.02775387008318033, "vblix": 0.20576815774618437, "agg": 0.13816209471167587, "vweax": 0.2901371470235189, "vmbix": 0.02771505233535029, "djp": -0.011332594603435569, "gsg": 0.008076704378815544, "gld": 0.0013424568610274645, "fxe": -0.0006772709800546033, "fxy": 0.00910282445760075, "shy": -0.11216387601358035, "lqd": -0.07054225291047188, "hyg": -0.06765337700554194, "pff": 0.013035128936940041, "emb": -0.043101960669180164, "tip": -0.04545177191788138, "vtv": 0.01063164089384262, "xlk": 0.008217514753764418, "xlf": -0.019570007333561894, "xle": -0.0040094064337404065, "xlv": -0.002175629125468956, "xlp": 0.009397573777327807, "xlu": -0.00031563005806771493, "xly": 0.005123557078371271, "xlb": -0.0032633824785723883, "dbb": -0.001049594947738945}, "r2": 0.4443605302069962, "alpha_ann": -0.009450512002834902, "alpha_t": -0.752818284228533}, "corr_portfolio": 0.037428885095898944, "corr_benchmark": 0.3490179952495311, "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_ann_5y": 0.006245721806135605, "alpha_t_5y": 0.6398847899464606, "alpha_t_full": 7.682954675876339, "r2_5y": 0.4054705279772328, "alpha_pos_frac": 0.5260115606936416}, "prsnx": {"name": "T. Rowe Price Global Multi-Sector Bond Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.03656179552402271, "ivv": 0.04883445339780912, "iwm": 0.005929240189438998, "efa": 0.004544629143192239, "vwo": 0.003722429019882645, "vnq": 0.01350293843188727, "bil": 0.2842980578784153, "shv": 0.16031549798894898, "ief": 0.29188231073541276, "tlt": 0.0664073661223648, "vblix": 0.27388214638088804, "agg": -0.38537308078347116, "vweax": 0.2768056222813825, "vmbix": 0.05399474542968446, "djp": 0.007135193030156477, "gsg": -0.005552258015995537, "gld": -0.0010921536374255312, "fxe": -0.015607762189593359, "fxy": 0.025981629075180986, "shy": 0.17562390987460116, "lqd": -0.016934216654530106, "hyg": 0.025089966411983827, "pff": 0.06250507067163867, "emb": 0.002973244288996316, "tip": 0.03309265257736526, "vtv": -0.008486276087166698, "xlk": -0.008769920387285274, "xlf": -0.008249750662801224, "xle": -0.007565108401340347, "xlv": 0.00030336337403999767, "xlp": -0.02315275331950714, "xlu": 0.01284327361731472, "xly": 0.0004542005032984772, "xlb": 0.001952961619768379, "dbmf": -0.01625575920903553, "dbb": -0.0011308909608852356}, "r2": 0.6477749506308048, "alpha_ann": 0.006757289577323326, "alpha_t": 0.5342542633487422}, "rec5": {"n": 1416, "betas": {"qqq": -0.020147964145844483, "ivv": 0.05873562481984148, "iwm": 0.0015583723646711994, "efa": 0.03146918920239525, "vwo": 0.008565773595335252, "vnq": 0.012552068796437525, "bil": 0.36332644478086124, "shv": 0.6581226234834382, "ief": 0.4118378770911335, "tlt": 0.008371071161957918, "vblix": 0.30147558552208503, "agg": -0.015337391059019446, "vweax": 0.2560711335663393, "vmbix": 0.07315635551857863, "djp": -0.005720390098241715, "gsg": 0.008909173774133566, "gld": -0.005018796797421742, "fxe": -0.05143328330768563, "fxy": 0.003451176755144423, "shy": -0.37295276055740323, "lqd": -0.1273964519771165, "hyg": -0.07960555042840689, "pff": 0.023216189477191437, "emb": 0.017080650010681157, "tip": 0.02095174101344725, "vtv": -0.0026203242094153985, "xlk": -0.011562625625028496, "xlf": 0.0013791299019496486, "xle": -0.01060369881840687, "xlv": -0.003794812681591579, "xlp": -0.005890870871063758, "xlu": 0.0024091906001284294, "xly": -0.004780211245276192, "xlb": -0.009030610749528576, "dbmf": -0.016494286495087586, "dbb": 0.0006199371049029172}, "r2": 0.6947004618432989, "alpha_ann": -0.014605397266286877, "alpha_t": -1.1549648676547952}, "corr_portfolio": 0.11480264680027129, "corr_benchmark": 0.5104032115831177, "verdict": "weak/unstable alpha", "alpha_ann_5y": 0.007770645799854432, "alpha_t_5y": 0.7816898076518033, "alpha_t_full": 0.3194535437733391, "r2_5y": 0.6659474244050132, "alpha_pos_frac": 0.5375722543352601}, "prsvx": {"name": "T. Rowe Price Small-Cap Value Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.03569635871144497, "ivv": -0.04151631679713825, "iwm": 0.7473631198166775, "efa": 0.002003611539278708, "vwo": -0.009225060670705902, "vnq": 0.05566397556686555, "bil": -0.18304657087784823, "shv": -0.02168989717011897, "ief": -0.1552249842971801, "tlt": 0.03207819170784837, "vblix": 0.03125279757173338, "agg": 0.18647882970844107, "vweax": -0.02020224317547768, "vmbix": -0.01812639066087255, "djp": -0.022983885092447826, "gsg": 0.02144708993417748, "gld": 0.003291291861362522, "fxe": 0.006298601143394157, "fxy": -0.0013892390699277975, "shy": 0.19696422270958458, "lqd": -0.07189173020319527, "hyg": -0.004935657238512522, "pff": 0.04853337139366499, "emb": -0.025694655478213833, "tip": -0.03486505459339461, "vtv": 0.25121045342718895, "xlk": -0.026914862153142233, "xlf": 0.050847342377101236, "xle": -0.0009540832768891972, "xlv": -0.10586120550179567, "xlp": 0.005395617748962322, "xlu": 0.009149857426619404, "xly": -0.0010486628823932406, "xlb": 0.03985476965775864, "dbb": -0.002787551470603864}, "r2": 0.9695378059928355, "alpha_ann": 0.007712769847669065, "alpha_t": 0.7766380825072212}, "rec5": {"n": 1416, "betas": {"qqq": -0.05809251599930049, "ivv": -0.037137008570192566, "iwm": 0.6891897131439244, "efa": 0.02362890590584482, "vwo": -0.018804442312851066, "vnq": 0.07494782848513437, "bil": -0.03919684979928148, "shv": 0.9008904787783486, "ief": -0.06737871362635546, "tlt": 0.05599791183678298, "vblix": 0.18491112670523568, "agg": -0.22886837232662938, "vweax": -0.1068655053421945, "vmbix": 0.12141221547590013, "djp": -0.021156748306208117, "gsg": 0.015324276048696147, "gld": -0.006098570743525829, "fxe": -0.02777223444816456, "fxy": -0.022028064242048256, "shy": 0.12553673943923785, "lqd": 0.01596578158262684, "hyg": -0.04206504611272583, "pff": 0.06014050305541421, "emb": -0.017268368643570536, "tip": 0.034439811412463855, "vtv": 0.3054350281639215, "xlk": -0.01586289456979097, "xlf": 0.036959351197264304, "xle": 0.005459750125748423, "xlv": -0.07659586980631597, "xlp": -0.03392667844196858, "xlu": -0.02371980966757766, "xly": 0.02758091604119777, "xlb": 0.06302526367890933, "dbb": -0.012140509144180026}, "r2": 0.9662989934049083, "alpha_ann": -0.02370352223337369, "alpha_t": -1.1687906454920096}, "corr_portfolio": 0.3129582719340149, "corr_benchmark": 0.524015201956352, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.002759891609017195, "alpha_t_5y": 0.16271865916575903, "alpha_t_full": 4.066032185604195, "r2_5y": 0.9582118803525042, "alpha_pos_frac": 0.543859649122807}, "prtax": {"name": "T. Rowe Price Tax-Free Income Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.002488118544473124, "ivv": -0.031013317758984468, "iwm": -0.008055406513617969, "efa": -0.02886116219625728, "vwo": 0.012803958833942641, "vnq": 0.021948969356795314, "bil": -0.11969018447162226, "shv": 0.3891588337334584, "ief": 0.039115163228261834, "tlt": 0.014200591385346491, "vblix": 0.29023810934882865, "agg": 0.13050189611154267, "vweax": 0.21016261404129763, "vmbix": 0.007971250758863008, "djp": -0.005367830880096896, "gsg": 0.0009997068253320771, "gld": 0.000602389740481469, "fxe": 0.021577556531658958, "fxy": 0.024001706981205125, "shy": -0.09867410854118779, "lqd": 0.06433043132965693, "hyg": -0.034664255983586606, "pff": 0.03043951804892736, "emb": -0.04636805263225935, "tip": -0.06835122677096812, "vtv": 0.09667240134749787, "xlk": 0.010670747416968013, "xlf": -0.03972401955914423, "xle": -0.011777814896760334, "xlv": -0.006080237443758184, "xlp": 0.0009538443141121494, "xlu": 0.011307881588714609, "xly": 0.002946503603787951, "xlb": -0.013183603139181025, "dbb": 0.0008325049313114205}, "r2": 0.4042622527515669, "alpha_ann": 0.012923556568656453, "alpha_t": 1.5536834131956858}, "rec5": {"n": 1416, "betas": {"qqq": -0.015186866984609994, "ivv": -0.0251330163940988, "iwm": -0.0058890643380141465, "efa": -0.006671230494520383, "vwo": 0.021239727834124984, "vnq": 0.03218980686697916, "bil": -0.014666544476975036, "shv": 0.9060828691568904, "ief": 0.09221832032250103, "tlt": 0.031569977373616324, "vblix": 0.2724536467640776, "agg": 0.2116570511594353, "vweax": 0.3812817315067999, "vmbix": 0.0633141063548535, "djp": -0.020586758038146767, "gsg": 0.018585118385560973, "gld": 0.002237593253555206, "fxe": 0.008308633918859177, "fxy": 0.02018065664030795, "shy": -0.2787472941934534, "lqd": -0.09543874730550742, "hyg": -0.10376786907578707, "pff": 0.02040711717235757, "emb": -0.05827978067290302, "tip": -0.0673054197258707, "vtv": 0.03699367448492938, "xlk": 0.014879048120496391, "xlf": -0.029115719524843115, "xle": -0.009744825547333132, "xlv": -0.005084216986734323, "xlp": 0.00285832936669553, "xlu": 0.006933382106629502, "xly": 0.01073659884289146, "xlb": -0.0088989840294207, "dbb": -0.0047283797177616015}, "r2": 0.438450398567909, "alpha_ann": -0.013592371997467025, "alpha_t": -0.7744541750802398}, "corr_portfolio": 0.03652415690347229, "corr_benchmark": 0.341089718493174, "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_ann_5y": 0.007661235871832887, "alpha_t_5y": 0.5586664889126662, "alpha_t_full": 7.483871200584978, "r2_5y": 0.3932924783200301, "alpha_pos_frac": 0.5722543352601156}, "prtix": {"name": "T. Rowe Price U.S. Treasury Intermediate Index Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.012366208728026538, "ivv": 0.011969771928990947, "iwm": -0.0018256982155726814, "efa": -0.005626088647420618, "vwo": 0.004398556887563343, "vnq": 0.0021381068124862374, "bil": -0.14642849607677022, "shv": -0.08201810788766166, "ief": 0.6287691812470464, "tlt": -0.025388639038365572, "vblix": 0.11009576122170052, "agg": 0.05221020087151053, "vweax": 0.05206811197456103, "vmbix": 0.041917004355452064, "djp": 0.0024058923947442275, "gsg": -0.004682201422008016, "gld": 0.00389881067558886, "fxe": 0.0006913034237525217, "fxy": -0.00012802209072151257, "shy": 0.5498795833405827, "lqd": -0.04013527705056124, "hyg": -0.021940300641909383, "pff": -0.012671128703301825, "emb": -0.0005202013095862364, "tip": 0.020509288714829106, "vtv": -0.00041419182153652604, "xlk": -0.010187414268883727, "xlf": -0.00037807921270828786, "xle": 0.002205668520020499, "xlv": -0.0048953625850512395, "xlp": -0.0008433877011388536, "xlu": 0.0005168195950791891, "xly": -0.0016525189071583818, "xlb": -0.0011018280784094222, "dbb": -0.0025243527904049304}, "r2": 0.917994351841372, "alpha_ann": -0.0046891559459448905, "alpha_t": -1.1808845385386575}, "rec5": {"n": 1416, "betas": {"qqq": 0.01757505774576014, "ivv": 0.020138122322646623, "iwm": -0.00935023501189592, "efa": -0.00581365666771513, "vwo": 0.0031621063459236994, "vnq": -0.000589847329380537, "bil": -0.31360549914462327, "shv": -0.1743741453885529, "ief": 0.6636748248277003, "tlt": -0.02729043840949891, "vblix": 0.2001492355127727, "agg": 0.034209165256018234, "vweax": 0.0705442292793134, "vmbix": 0.04593294331979298, "djp": 0.000615693678617554, "gsg": -0.0027385230211450476, "gld": 0.004015843428197587, "fxe": -0.0007017273730417515, "fxy": 0.003449564328891946, "shy": 0.5538393840908717, "lqd": -0.05427446755441522, "hyg": -0.030846138919636855, "pff": -0.011735564561371469, "emb": -0.00027979511502321366, "tip": -0.007514364237256291, "vtv": 0.03246811666923208, "xlk": -0.013624765833257774, "xlf": -0.008278916498137587, "xle": -0.0005656995713656932, "xlv": -0.00871837731572132, "xlp": -0.002296028656026803, "xlu": -0.003210413375267165, "xly": -0.004927812514224584, "xlb": -0.005102025289632386, "dbb": -0.004981566957565542}, "r2": 0.9384933453406962, "alpha_ann": 0.0016155366691792013, "alpha_t": 0.19650297784705492}, "corr_portfolio": -0.17484520489643376, "corr_benchmark": 0.5721332188324113, "verdict": "sleeve mix (R\u00b2 high) - 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Rowe Price U.S. Treasury Long-Term Index Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.009015422574638797, "ivv": 0.031975937944623015, "iwm": -0.0032957112745003506, "efa": 0.0013309935288993806, "vwo": 0.008207857519386163, "vnq": -0.0016950904697441997, "bil": -0.1956041631466292, "shv": 0.5856199406966586, "ief": 0.13196809181420918, "tlt": 0.8862665936300974, "vblix": 0.6993935852735214, "agg": -0.31324820655239916, "vweax": -0.11955458084691231, "vmbix": 0.15113027942232096, "djp": -0.0025985608589153813, "gsg": -0.0017840932250076087, "gld": 0.006753433167509768, "fxe": -0.0033666075768534805, "fxy": -0.00033942804313728006, "shy": 0.04765461934663168, "lqd": 0.08762695819417506, "hyg": 0.0240215156650205, "pff": -0.08553808428583337, "emb": -0.07447939371712653, "tip": -0.0007955432916540438, "vtv": 0.03070950398690259, "xlk": 0.0018587340407238894, "xlf": -0.014566361612086237, "xle": -0.003530082861023688, "xlv": 0.0026361184344200236, "xlp": 0.006160004207828607, "xlu": 0.005748072595763219, "xly": 0.0032751982491357277, "xlb": -0.005970589100862693, "dbb": 0.00028736424400040237}, "r2": 0.9811387989908392, "alpha_ann": -0.00653304836829127, "alpha_t": -1.243991614128065}, "rec5": {"n": 1416, "betas": {"qqq": 0.0008180111113280236, "ivv": 0.08068332360857444, "iwm": 0.0001681757681401109, "efa": -0.010620118724203459, "vwo": 0.004241255836159785, "vnq": -0.0012693438966336606, "bil": -0.11934217168001493, "shv": -0.08798102823426808, "ief": 0.24758265759379627, "tlt": 0.8912926413537499, "vblix": 0.5609394412914358, "agg": -0.1333200385202148, "vweax": -0.014896270576658448, "vmbix": 0.012952077751975592, "djp": -0.007117824199962854, "gsg": 0.0029927801804096234, "gld": 0.00027876922237045224, "fxe": 0.0021442062760016114, "fxy": -0.001969320188800364, "shy": 0.03967297998556856, "lqd": -0.11388939958584665, "hyg": -0.001418372789008548, "pff": -0.019064512922915264, "emb": -0.013211914851599432, "tip": -0.01619754222691743, "vtv": 0.002958699612744912, "xlk": -0.01572093233343233, "xlf": -0.012709596456622372, "xle": -0.001286463585725607, "xlv": -0.003159073056727628, "xlp": -0.0006221048891191675, "xlu": -0.0018108534090313033, "xly": -0.004906592676825538, "xlb": -0.0005534941068317933, "dbb": 0.0018769474492225605}, "r2": 0.9921224383246416, "alpha_ann": 0.0033073810266946516, "alpha_t": 0.46338361939061457}, "corr_portfolio": -0.18938618092441037, "corr_benchmark": 0.624126208355459, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.0048431885948177706, "alpha_t_5y": -0.8691385650874103, "alpha_t_full": 2.908286597691502, "r2_5y": 0.991495927854666, "alpha_pos_frac": 0.48554913294797686}, "prvax": {"name": "T. Rowe Price Virginia Tax-Free Bond Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.01112766090567776, "ivv": -0.02037152620303216, "iwm": -0.003219068847253242, "efa": -0.02752606920323965, "vwo": 0.013679863608743705, "vnq": 0.023343143223488273, "bil": -0.10619440810073244, "shv": 0.3613527730090946, "ief": 0.030099390393718874, "tlt": 0.01252445118017759, "vblix": 0.2424732038732154, "agg": 0.1422370846896143, "vweax": 0.2196622589929484, "vmbix": 0.0393757191398564, "djp": 0.0012090622803166973, "gsg": -0.0030925417609576926, "gld": 0.00047248351753072964, "fxe": 0.016810541133754305, "fxy": 0.021221199081489176, "shy": -0.11558365643536499, "lqd": 0.07105848114626567, "hyg": -0.04463704178962416, "pff": 0.02707355205089644, "emb": -0.04424836221754535, "tip": -0.06281698622020505, "vtv": 0.0747351545781255, "xlk": 0.013624408432842247, "xlf": -0.03713950111446693, "xle": -0.01048494895410552, "xlv": -0.003562829817473602, "xlp": 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Rowe Price Balanced Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.0692623187522102, "ivv": 0.2650113852830108, "iwm": 0.01785425981535415, "efa": 0.18668732602150798, "vwo": 0.014468841746631869, "vnq": 0.0031511232596731754, "bil": -0.09019382569758855, "shv": 0.6113677218693674, "ief": 0.13589192210038267, "tlt": 0.02954916768860578, "vblix": 0.24243721245505417, "agg": -0.4394642857684814, "vweax": 0.019492035299186194, "vmbix": 0.20886920045830834, "djp": 0.00434380025458776, "gsg": -0.004700638991496852, "gld": 0.005349850013620875, "fxe": 0.0037656327196611103, "fxy": -0.0015972315489587016, "shy": 0.10912700233677843, "lqd": 0.14355009472058558, "hyg": 0.03710595166388367, "pff": -0.059555820351745614, "emb": -0.02850951192163454, "tip": 0.022327203459114046, "vtv": -0.02290560782655914, "xlk": 0.01715548581467979, "xlf": 0.02640205713282272, "xle": 0.007609270565349432, "xlv": 0.03653262512391835, "xlp": -0.005165846882047542, "xlu": 0.014463438679812424, "xly": 0.014128906152004558, "xlb": 0.015298933370367349, "dbb": 0.0014237647111087527}, "r2": 0.972860223011554, "alpha_ann": -0.008688808616171375, "alpha_t": -1.6739473075189242}, "rec5": {"n": 1416, "betas": {"qqq": 0.04051205089327464, "ivv": 0.3685507263925304, "iwm": 0.024416973417088542, "efa": 0.17923303486100103, "vwo": 0.011225714596516124, "vnq": 0.006987852253454749, "bil": 0.0200572696577559, "shv": 0.32678715472375375, "ief": 0.07232890649995471, "tlt": 0.029415939275375474, "vblix": 0.0628828880442719, "agg": -0.04756521835087472, "vweax": 0.06450122558030551, "vmbix": 0.12134242826135777, "djp": 0.0009289691279229178, "gsg": -0.0008462577684174954, "gld": 0.012324155199045608, "fxe": 0.010232982693166711, "fxy": -0.005960733121176698, "shy": 0.016550449926139077, "lqd": 0.012152271420752677, "hyg": -0.01363198764910587, "pff": -0.022198896690807095, "emb": 0.0008924708775141752, "tip": 0.0060787461280065545, "vtv": -0.05286593344662529, "xlk": -0.0008195845699802486, "xlf": 0.02128124087329427, "xle": 0.008033833895583502, "xlv": 0.0112093280236258, "xlp": 0.0018355591057704452, "xlu": 0.0035113336082330964, "xly": -0.002212902203288316, "xlb": 0.013819323686287157, "dbb": 0.001023386007277239}, "r2": 0.9807416773186679, "alpha_ann": -0.017170794514888038, "alpha_t": -2.032988139170007}, "corr_portfolio": 0.30741828004474064, "corr_benchmark": 0.6673396322125112, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.006546833197236385, "alpha_t_5y": -0.981976917272869, "alpha_t_full": 4.608517618965861, "r2_5y": 0.9787322083710319, "alpha_pos_frac": 0.5650224215246636}, "rpfix": {"name": "Royce Premier Fund", "local": true, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.18240239644089623, "ivv": 0.07601311779099668, "iwm": 0.5186967811651625, "efa": 0.06541439159150575, "vwo": 0.02103566247810527, "vnq": 0.0015372141435676218, "bil": -0.9769857018928669, "shv": 0.955104746278163, "ief": -0.12866191008427266, "tlt": 0.02745506829395063, "vblix": -0.11255116920901445, "agg": -0.09506350891615224, "vweax": 0.06178164107002353, "vmbix": 0.12203947558886453, "djp": -0.03593211438468529, "gsg": 0.01622850765664884, "gld": -0.030853751173392372, "fxe": -0.08156169682412855, "fxy": -0.036403752541453414, "shy": 0.3376467171788606, "lqd": 0.05570015781600995, "hyg": -0.03931310993412415, "pff": 0.07689255138577633, "emb": 0.0757743517169863, "tip": -0.12611844425256624, "vtv": 0.5742886281307449, "xlk": 0.09826662251949055, "xlf": -0.13983154446816135, "xle": -0.06809936354489173, "xlv": -0.1016688518440478, "xlp": -0.04953965847885038, "xlu": -0.08777103484142146, "xly": 0.0540832780554218, "xlb": 0.18692395884608282, "dbmf": -0.027113528605324847, "dbb": -0.013537232628270226}, "r2": 0.930157295940247, "alpha_ann": -0.012252033101853393, "alpha_t": -0.4224649690391888}, "rec5": {"n": 1416, "betas": {"qqq": -0.2432273817525934, "ivv": 0.11440029942999094, "iwm": 0.5212740845684102, "efa": 0.06850270388809085, "vwo": -0.011260563565598633, "vnq": 0.014204980917624798, "bil": -1.6031317660760425, "shv": 2.0001474741195944, "ief": 0.10837733523026055, "tlt": 0.08940371419458941, "vblix": -0.02580483699948325, "agg": -0.7236784454559582, "vweax": 0.037934537437548, "vmbix": 0.16724121993921348, "djp": -0.020707473147749917, "gsg": 0.01526410074740578, "gld": -0.04027078926013641, "fxe": -0.05545927549348803, "fxy": -0.030935421761308424, "shy": 0.39760402726274807, "lqd": 0.14870109990211794, "hyg": -0.020656664974986798, "pff": 0.018792120487091096, "emb": 0.019300417156349052, "tip": -0.05652844182220609, "vtv": 0.5891018217352003, "xlk": 0.11811679405071394, "xlf": -0.1569322732152723, "xle": -0.09199434882092711, "xlv": -0.10864211702909386, "xlp": -0.0582402889514416, "xlu": -0.09951456360897543, "xly": 0.09060551708405101, "xlb": 0.21115823471933204, "dbmf": -0.0036188428891947722, "dbb": -0.012833147416534414}, "r2": 0.9073341629665248, "alpha_ann": -0.01915424454045686, "alpha_t": -0.5600417504189985}, "corr_portfolio": 0.28508784181307295, "corr_benchmark": 0.5306477209931296, "verdict": "sleeve mix (R\u00b2 high) - 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Rowe Price Global Allocation Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.05421947543458164, "ivv": 0.04620071579957517, "iwm": 0.04870964568442503, "efa": 0.1060614896016366, "vwo": 0.07634118990592605, "vnq": 0.012155019754728427, "shv": 0.0017581929014216205, "ief": 0.019623940102928825, "tlt": 0.0011292473701965881, "vblix": 0.08660405371804615, "agg": -0.03549617466250047, "vweax": 0.06961319347280767, "vmbix": 0.02909806310059575, "djp": -0.008166292935548715, "gsg": -0.0020049124357217965, "gld": 0.015012839867036944, "fxe": 0.021052760348591396, "fxy": 0.006969227097016856, "shy": -0.0021961941221681327, "lqd": 0.07231341288637999, "hyg": 0.02921601925801283, "pff": -0.07546546401193593, "emb": -0.013627892148361683, "tip": 0.01888632372235844, "vtv": 0.042407992260541684, "xlk": 0.054332791712173145, "xlf": 0.023641024028093555, "xle": 0.004773024915182157, "xlv": 0.03670219188909187, "xlp": -0.005031758125215247, "xlu": 0.014141704343843957, "xly": 0.017332733033851185, "xlb": 0.02957077323095642, "dbmf": 0.01525616599641628, "dbb": 0.003213374707891164}, "r2": 0.9377206413538535, "alpha_ann": -0.01896635640371928, "alpha_t": -1.6771533137541186}, "rec5": {"n": 1416, "betas": {"qqq": 0.047317290954123015, "ivv": 0.0490494429792386, "iwm": 0.049142366186547236, "efa": 0.1019031033816575, "vwo": 0.07453900930334467, "vnq": 0.017200203884967395, "shv": 0.0005854010120825509, "ief": 0.01494075956783684, "tlt": 0.017527936829446915, "vblix": 0.018359030412832898, "agg": 0.011980375987359768, "vweax": 0.03584412306296302, "vmbix": 0.012936569098391335, "djp": -0.00336745139434389, "gsg": -0.0009620141806431946, "gld": 0.013801284228334766, "fxe": 0.012194729446127638, "fxy": -0.00082425137361698, "shy": 0.0016646117996547915, "lqd": 0.015326758808162876, "hyg": 0.0033789593563971986, "pff": 0.005321693653322998, "emb": 0.013517202885228551, "tip": 0.01175908609491089, "vtv": 0.03022350281772908, "xlk": 0.04804840685496723, "xlf": 0.032267565826881305, "xle": 0.0062495972395588805, "xlv": 0.0204555308055539, "xlp": -0.001980784445052217, "xlu": 0.003169939780654916, "xly": 0.017877375114295786, "xlb": 0.03344852008225024, "dbmf": 0.00787844533717105, "dbb": 0.004629818389406078}, "r2": 0.9567901550213551, "alpha_ann": -0.014890088841230316, "alpha_t": -1.491717530218591}, "corr_portfolio": 0.32895422170119604, "corr_benchmark": 0.6262946395967832, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -7.963935197204956e-05, "alpha_t_5y": -0.009957199311058712, "alpha_t_full": 0.889657315569264, "r2_5y": 0.9599918799669865, "alpha_pos_frac": 0.47058823529411764}, "rpgex": {"name": "T. Rowe Price Global Growth Stock Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.2512265774971458, "ivv": 0.3937470191944735, "iwm": 0.10563724358816018, "efa": 0.16605157229257314, "vwo": 0.19383205794617658, "vnq": -0.007672890812016991, "bil": 0.5113687016482287, "shv": 0.00942324201346324, "ief": 0.1492935845835773, "tlt": 0.01573702337419095, "vblix": 0.21488765037540256, "agg": -0.1730057434248867, "vweax": 0.0008498917533200839, "vmbix": -0.17298958790813493, "djp": -0.007563464515785078, "gsg": 0.00840384820145209, "gld": -0.009121885709261025, "fxe": 0.018101562309024294, "fxy": -0.007150346718964778, "shy": -0.022499207940305205, "lqd": 0.015869446416159182, "hyg": 0.05437170015611753, "pff": 0.05714298876287152, "emb": -0.031090292293018365, "tip": 0.05053429430249222, "vtv": -0.3772481443970078, "xlk": -0.0016012157891308926, "xlf": 0.08439465786494066, "xle": -0.0082703680857084, "xlv": 0.08375617494315318, "xlp": -0.06318590769714957, "xlu": 0.03598364307197494, "xly": -0.0075767781681307655, "xlb": 0.0390985520587811, "dbmf": 0.002119392360010984, "dbb": -0.00831867896489051}, "r2": 0.9532512716041852, "alpha_ann": -0.024709436849372556, "alpha_t": -1.2404980830773775}, "rec5": {"n": 1416, "betas": {"qqq": 0.37068394890309664, "ivv": 0.3286608199747933, "iwm": 0.10835658036189873, "efa": 0.16196660201625074, "vwo": 0.19708551211933514, "vnq": -0.005012724669424457, "bil": 0.6159290443050002, "shv": 0.3149469135271702, "ief": 0.17334724029754786, "tlt": 0.027991026546602793, "vblix": 0.32185936977760204, "agg": -0.07392928745613503, "vweax": -0.039651840972268565, "vmbix": -0.13189128472556583, "djp": -0.021772855313940746, "gsg": 0.022210989454482747, "gld": -0.0015022142545445558, "fxe": 0.010481859577177507, "fxy": -0.02327791780683501, "shy": -0.2095503146267005, "lqd": -0.13262477506130735, "hyg": 0.07856564901700776, "pff": 0.048207692482215764, "emb": 0.00015721351072531928, "tip": 0.020786680719810373, "vtv": -0.35740378931099553, "xlk": -0.054366313106079964, "xlf": 0.09522625497297833, "xle": -0.0020247089718613736, "xlv": 0.0831095332463565, "xlp": -0.06624300914866728, "xlu": 0.0351799860727082, "xly": -0.03193821507128959, "xlb": 0.03558410316431772, "dbmf": -0.01566113950595653, "dbb": -0.007589035523396501}, "r2": 0.9440343325545503, "alpha_ann": -0.06109184485568158, "alpha_t": -2.615083668246292}, "corr_portfolio": 0.2226134934664939, "corr_benchmark": 0.6021993657481696, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.052100081175726606, "alpha_t_5y": -2.7353639013522235, "alpha_t_full": -1.3221919637429767, "r2_5y": 0.9340000004558334, "alpha_pos_frac": 0.5}, "rpgix": {"name": "T. Rowe Price Global Industrials Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.21496135121414442, "ivv": 0.3885128346639701, "iwm": 0.12731765841225823, "efa": 0.47079165221286545, "vwo": 0.048810212701380674, "vnq": -0.060202871387567004, "bil": -0.3814290789949495, "shv": 0.05639126972132035, "ief": 0.06869679003510484, "tlt": 0.08449403135273391, "vblix": 0.1987188463002169, "agg": -0.2885607280338965, "vweax": 0.07340184206444733, "vmbix": -0.008798375553666386, "djp": -0.0415909195362767, "gsg": 0.007383609177861769, "gld": 0.006728786501672586, "fxe": -0.008809195630740582, "fxy": -0.04801794218078151, "shy": 0.4080144903954856, "lqd": -0.0937171353283639, "hyg": -0.00350919060375877, "pff": 0.009044340137692999, "emb": 0.026125711523596273, "tip": 0.01010407643936803, "vtv": 0.7879864521537527, "xlk": 0.048460737711501486, "xlf": -0.19187519100896883, "xle": -0.0699701706257384, "xlv": -0.20705689196607172, "xlp": -0.19566113011251918, "xlu": -0.09314145817311888, "xly": 0.13435575140736572, "xlb": 0.07417717992852849, "dbmf": 0.005490376366936142, "dbb": 0.004309076474903885}, "r2": 0.9347498579974081, "alpha_ann": 0.008339448064039157, "alpha_t": 0.3163383707401011}, "rec5": {"n": 1416, "betas": {"qqq": -0.13806770194572743, "ivv": 0.35838676220809423, "iwm": 0.12897787604119412, "efa": 0.48485662828104154, "vwo": 0.04659119286106922, "vnq": -0.06995620150837406, "bil": -0.5003191720156068, "shv": 0.8463794277507185, "ief": 0.06133522455168379, "tlt": 0.042807338560523704, "vblix": 0.25786186928483645, "agg": -0.27576763544753724, "vweax": 0.041033946342426776, "vmbix": 0.0343842761969477, "djp": -0.025786148010193306, "gsg": 0.0017551796976209135, "gld": 0.015901085961885546, "fxe": -0.048044611718573896, "fxy": -0.0525712663301032, "shy": 0.1576542947322964, "lqd": -0.02535588652174033, "hyg": 0.038667872282789784, "pff": -0.032187662989164235, "emb": 0.022569333377334366, "tip": -0.023961722198553075, "vtv": 0.8737627785508022, "xlk": -0.005356496513625701, "xlf": -0.22464719929560062, "xle": -0.08368501758113359, "xlv": -0.2196968713440778, "xlp": -0.19920556337774106, "xlu": -0.07617395308448592, "xly": 0.1355673543052949, "xlb": 0.06714135613764165, "dbmf": -0.006723929102538035, "dbb": -0.005519592039196792}, "r2": 0.9179661779257372, "alpha_ann": -0.03829498152978607, "alpha_t": -1.2088907126244826}, "corr_portfolio": 0.33349915902714317, "corr_benchmark": 0.5609579050380327, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.027563985481858844, "alpha_t_5y": -1.0048247399895274, "alpha_t_full": -0.20076647213297838, "r2_5y": 0.8912110594712765, "alpha_pos_frac": 0.47297297297297297}, "rpgrx": {"name": "T. Rowe Price Target 2035 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.015025160191746767, "ivv": 0.32239662561631793, "iwm": 0.08352304163998668, "efa": 0.12766143064158705, "vwo": 0.03500521398258081, "vnq": 0.02010246655575464, "bil": -0.7547835692400158, "shv": 0.6175298582974668, "ief": 0.29076176422506, "tlt": 0.13816915792551732, "vblix": -0.13967736158581787, "agg": -0.9532713193418549, "vweax": 0.15624954102072514, "vmbix": 0.17928420823268687, "djp": -0.0008813859563396486, "gsg": 0.003262648688183582, "gld": 0.013611669627295408, "fxe": 0.02861797064971065, "fxy": 0.012335663534929733, "shy": 0.23901855395467833, "lqd": -0.023423194811024967, "hyg": 0.09550875953567221, "pff": -0.0011612437496344868, "emb": 0.08427130351880471, "tip": 0.016957508879079833, "vtv": -0.08876953095016442, "xlk": -0.019707531606303157, "xlf": -0.012368735708344483, "xle": 0.017906448975201297, "xlv": 0.028617520050913746, "xlp": -0.06023578141364372, "xlu": 0.011926324592251715, "xly": 0.019830948496372076, "xlb": 0.05027768778212127, "dbmf": -0.005803413727086095, "dbb": -0.003573377716084184}, "r2": 0.9218420872636985, "alpha_ann": 0.008370174896860236, "alpha_t": 0.5173722427138866}, "rec5": {"n": 1416, "betas": {"qqq": 0.05247651685203206, "ivv": 0.2680636164452346, "iwm": 0.06800431823752, "efa": 0.13215957075452156, "vwo": 0.055818636995902976, "vnq": 0.01894820047996012, "bil": -0.11676196468715326, "shv": 0.5682960162236529, "ief": 0.07308623409156484, "tlt": 0.021889980323501985, "vblix": 0.0701114287550901, "agg": -0.08683109600891796, "vweax": 0.07627778088441176, "vmbix": 0.07117772066783051, "djp": -0.008051961613913338, "gsg": 0.008328004132161825, "gld": 0.007981049511522348, "fxe": 0.014928418192231304, "fxy": -0.005914965600072137, "shy": -0.03782821445091197, "lqd": 0.02130807500514573, "hyg": -0.0033673669241716525, "pff": -0.02315345039140987, "emb": 0.0036400471992930903, "tip": 0.03757992840324547, "vtv": -0.016331030590212927, "xlk": -0.004195078356832352, "xlf": 0.011894687338441772, "xle": 0.00764683451752319, "xlv": 0.01191167717965465, "xlp": 0.00023586604586635774, "xlu": -0.0021336517714681136, "xly": -0.006271093371864881, "xlb": 0.022857252664977748, "dbmf": 0.00881887106520305, "dbb": -0.0010840101847791224}, "r2": 0.9690085270292865, "alpha_ann": -0.020475487097972363, "alpha_t": -1.9485657439726791}, "corr_portfolio": 0.2999280457369745, "corr_benchmark": 0.6306955546981389, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.0066329403953624974, "alpha_t_5y": -0.8121941930140097, "alpha_t_full": 0.35192355940701103, "r2_5y": 0.9667879206289048, "alpha_pos_frac": 0.5266666666666666}, "rpibx": {"name": "T. 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alpha-driven", "alpha_ann_5y": 0.006460312480722772, "alpha_t_5y": 0.22936172932049853, "alpha_t_full": 0.6688885515167858, "r2_5y": 0.9085046225608513, "alpha_pos_frac": 0.4222222222222222}, "scfzx": {"name": "PGIM Securitized Credit Fund", "local": false, "alpha_name": false, "full": {"n": 1796, "betas": {"qqq": 0.033601547726530144, "ivv": 0.054355535817111375, "iwm": 0.015219026343337988, "efa": -0.014540083683751195, "vwo": 0.007703652017838203, "vnq": 0.00810614291017472, "bil": 0.8319334457886622, "shv": -1.5028228104396577, "ief": -0.006511964549421073, "tlt": 0.08760013865970047, "vblix": 0.31264336195036835, "agg": -0.015581657722408462, "vweax": 0.2524698694250831, "vmbix": -0.14151312923024104, "djp": -0.008252221696075368, "gsg": 0.013796749095296245, "gld": -0.00177132310849663, "fxe": -0.015494414641416196, "fxy": 0.008820245136453754, "shy": 0.1797930585360272, "lqd": -0.15095067362930098, "hyg": 0.0033018657100373225, "pff": -0.06028547824977782, "emb": 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Rowe Price Target 2050 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.033505947974305866, "ivv": 0.4584270625332146, "iwm": 0.11792804804139002, "efa": 0.1839265226268496, "vwo": 0.04448238636789134, "vnq": 0.02065114942219888, "bil": -0.9867935342769261, "shv": 0.9537981102871078, "ief": 0.32557265172383526, "tlt": 0.18756869665164022, "vblix": -0.21095927631293573, "agg": -1.2252126256358873, "vweax": 0.16322898522945992, "vmbix": 0.18069594442093426, "djp": 0.0013618716752962963, "gsg": 0.0007875780057222736, "gld": 0.020542977226343125, "fxe": 0.04249138316922828, "fxy": 0.0016060711653551108, "shy": 0.3189862139695108, "lqd": -0.026582496586592053, "hyg": 0.079579335117163, "pff": -0.004445017834141393, "emb": 0.09007361739309208, "tip": -0.01482128439227545, "vtv": -0.10676058752645463, "xlk": -0.035120348477179326, "xlf": -0.024352758806803557, "xle": 0.018106564123173484, "xlv": 0.029152658209092727, "xlp": -0.08839352286374551, "xlu": 0.008347476635140802, "xly": 0.026731178128518322, "xlb": 0.0655623297280035, "dbmf": -0.007195472782881948, "dbb": -0.0037259849193423747}, "r2": 0.9290469422700345, "alpha_ann": 0.005060670191242641, "alpha_t": 0.25146456932361794}, "rec5": {"n": 1416, "betas": {"qqq": 0.05964092034462179, "ivv": 0.4039663926649756, "iwm": 0.09345046102234436, "efa": 0.18907211596792833, "vwo": 0.07865702747285837, "vnq": 0.021921156239043026, "bil": 0.04467418367349085, "shv": 0.5481518787236072, "ief": 0.026801430756571328, "tlt": 0.026524528552214956, "vblix": 0.09796995511188879, "agg": -0.11714868093467584, "vweax": 0.05016895124922132, "vmbix": 0.042235275627569374, "djp": -0.0070238522013921344, "gsg": 0.005986334132904083, "gld": 0.015609877915893203, "fxe": 0.011317777740686208, "fxy": -0.017339215776360814, "shy": -0.04190911114471097, "lqd": 0.038157117488707835, "hyg": -0.0006604284621399215, "pff": -0.025794041238661764, "emb": -0.016173685230748535, "tip": 0.004027897512635484, "vtv": -0.008257684677451407, "xlk": -0.0034034609857172575, "xlf": 0.0018278698893315418, "xle": 0.00831712452418303, "xlv": 0.016623208838215713, "xlp": -0.008077790092459998, "xlu": -0.0038114677712147416, "xly": -0.008933373928022785, "xlb": 0.029172586295628758, "dbmf": 0.007398708330632296, "dbb": -0.0027607692426024413}, "r2": 0.970329995523268, "alpha_ann": -0.03043424854844489, "alpha_t": -2.1907295974832173}, "corr_portfolio": 0.2964354168647663, "corr_benchmark": 0.6035326497293934, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.01026668355218297, "alpha_t_5y": -0.9594127679495172, "alpha_t_full": 0.32897207079874413, "r2_5y": 0.9688161724909243, "alpha_pos_frac": 0.4866666666666667}, "trgrx": {"name": "T. Rowe Price Global Real Estate Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.01646679841961156, "ivv": -0.04675844304701341, "iwm": -0.014570253378895701, "efa": 0.21507926169143476, "vwo": 0.02218326226918804, "vnq": 0.7042172265348245, "bil": 0.30685557635643274, "shv": 0.2877457863239547, "ief": 0.11236495472093037, "tlt": 0.04673071940165133, "vblix": 0.12718529225718067, "agg": -0.5591970365720276, "vweax": 0.14010814756095047, "vmbix": 0.135271480156089, "djp": 0.017200787995181273, "gsg": -0.007421154488179625, "gld": 0.008301986962025732, "fxe": 0.09367498754298884, "fxy": 0.017652927894563245, "shy": 0.04557963530359344, "lqd": 0.1675530073442741, "hyg": -0.12726094211540254, "pff": -0.025904349227530734, "emb": 0.028287197157888883, "tip": -0.02343204326265657, "vtv": 0.07641250446760217, "xlk": -0.012683744486699013, "xlf": 0.007812341136934118, "xle": 0.013468707424683249, "xlv": -0.03975708133732931, "xlp": -0.058045227967449, "xlu": -0.014745946245025713, "xly": 0.03921838406450981, "xlb": -0.008419470844689754, "dbmf": -0.007626725556195597, "dbb": -0.010274484220343}, "r2": 0.943873695045013, "alpha_ann": -0.03583031273310437, "alpha_t": -1.6974662069863473}, "rec5": {"n": 1416, "betas": {"qqq": -0.013492227487538644, "ivv": -0.028639194315380097, "iwm": -0.027996924506090846, "efa": 0.22174847007625384, "vwo": 0.03104800409521059, "vnq": 0.7207751555842986, "bil": 0.8293479153059737, "shv": -0.8131477234318685, "ief": 0.14521240085654694, "tlt": -0.023205573595798376, "vblix": -0.010761899782461672, "agg": -0.202043620747512, "vweax": 0.16210806027173733, "vmbix": 0.03726302395858131, "djp": 0.015364959055945898, "gsg": -0.00021283446314979585, "gld": 0.00022749886438183891, "fxe": 0.04282783702665726, "fxy": 0.009328177119718135, "shy": -0.11287457321490288, "lqd": 0.06484776564269407, "hyg": -0.0413578023430045, "pff": -0.05282611373623547, "emb": 0.019379847037152165, "tip": 0.020510175209949473, "vtv": 0.022294837218602953, "xlk": -0.0022724989051967934, "xlf": 0.014541029056048782, "xle": -0.004054681846319968, "xlv": -0.022030044714113434, "xlp": -0.01822158178184204, "xlu": -0.011671091537958901, "xly": 0.016494562166395027, "xlb": -7.684032630241727e-05, "dbmf": 0.008561266376616247, "dbb": -0.012269973163355074}, "r2": 0.945053382298313, "alpha_ann": -0.02888829394041895, "alpha_t": -1.3782299994309384}, "corr_portfolio": 0.3017466432737209, "corr_benchmark": 0.5859666293413365, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.029011289359265325, "alpha_t_5y": -1.8113436986791285, "alpha_t_full": -2.021668840175893, "r2_5y": 0.942678312657112, "alpha_pos_frac": 0.5384615384615384}, "trhrx": {"name": "T. Rowe Price Target 2040 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.022457066503680873, "ivv": 0.3763817887407708, "iwm": 0.09985990500056889, "efa": 0.14785788802962085, "vwo": 0.03884670383160831, "vnq": 0.02063361417623244, "bil": -0.6915220471442034, "shv": 0.5806272664063564, "ief": 0.29871586865673366, "tlt": 0.16153353106320617, "vblix": -0.17159189688771084, "agg": -1.0584204651631686, "vweax": 0.16408816530124865, "vmbix": 0.18580900909564668, "djp": 0.0014639528804157745, "gsg": 0.0018695228718296852, "gld": 0.0158738037577347, "fxe": 0.039310583027429194, "fxy": 0.008389413749200547, "shy": 0.2636158283934787, "lqd": -0.019184055667530925, "hyg": 0.08418084313630983, "pff": -0.0006605009596916697, "emb": 0.08785677077398407, "tip": -0.004871268505123822, "vtv": -0.10001816008163948, "xlk": -0.02597059688633605, "xlf": -0.018012742358683057, "xle": 0.01723960825758744, "xlv": 0.030497452474696277, "xlp": -0.07211564670493963, "xlu": 0.011612413238841969, "xly": 0.023179618148090782, "xlb": 0.0556977008889112, "dbmf": -0.00849760463960262, "dbb": -0.00424152704186484}, "r2": 0.924284990516634, "alpha_ann": 0.007258521534829653, "alpha_t": 0.40679049781873344}, "rec5": {"n": 1416, "betas": {"qqq": 0.04956910347742932, "ivv": 0.3170773590551492, "iwm": 0.07992079428509705, "efa": 0.15158589633781835, "vwo": 0.06682640938178666, "vnq": 0.020287511965151505, "bil": 0.12281303003556893, "shv": 0.4100504997185478, "ief": 0.041057147126830194, "tlt": 0.02399351325864262, "vblix": 0.07186294257746009, "agg": -0.06860713501171666, "vweax": 0.07321520770712404, "vmbix": 0.058851804375541814, "djp": -0.0077506826385104624, "gsg": 0.008677611226255539, "gld": 0.010748096665601427, "fxe": 0.01803750480947747, "fxy": -0.011950539309637125, "shy": -0.04883051173016989, "lqd": 0.03103001917848861, "hyg": -0.013387181526046106, "pff": -0.018648906919394623, "emb": -0.0027980600134482597, "tip": 0.020311262062773273, "vtv": -0.024269637455927476, "xlk": 0.0025867041649169586, "xlf": 0.01009991803237034, "xle": 0.008008356952267986, "xlv": 0.017481347991854718, "xlp": -0.0018251210546446272, "xlu": -0.0014356925651648105, "xly": -0.005222980501382372, "xlb": 0.025686902006356687, "dbmf": 0.005152343443171437, "dbb": -0.0022338217366695487}, "r2": 0.9697533324530078, "alpha_ann": -0.025976258144049316, "alpha_t": -2.19697895224847}, "corr_portfolio": 0.29687643803098435, "corr_benchmark": 0.6203384576671678, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.007532397454080434, "alpha_t_5y": -0.8233169367423578, "alpha_t_full": 0.9384294633981347, "r2_5y": 0.9679178745026998, "alpha_pos_frac": 0.5133333333333333}, "trhyx": {"name": "T. Rowe Price Institutional High Yield Fund", "local": true, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.0007721632220096253, "ivv": -0.005224743034406505, "iwm": 0.018747205043076812, "efa": -0.009873581624798154, "vwo": -0.009650713773894199, "vnq": -0.010153134488117636, "bil": 0.4968723550981017, "shv": -0.17896942236032562, "ief": -0.03575488824618295, "tlt": 0.14412447374409476, "vblix": 0.08215635739141063, "agg": -0.6863972644536432, "vweax": 0.8909496691033931, "vmbix": 0.034818530225920345, "djp": 0.020954199959257423, "gsg": -0.0194257644458691, "gld": -0.0061302878278036935, "fxe": 0.046238705499827004, "fxy": 0.02055970100796429, "shy": 0.5723723310333024, "lqd": 0.07607457696861208, "hyg": 0.011060439081488307, "pff": 0.06819979285780838, "emb": -0.05625543448134929, "tip": 0.039259331250265164, "vtv": 0.018102203705452975, "xlk": -0.006847622790711668, "xlf": -0.014912879309386168, "xle": 0.0023419387664071565, "xlv": -0.0025599936737921015, "xlp": -0.04026475059250077, "xlu": 0.018603262254405003, "xly": 0.015360542048504962, "xlb": 0.014185238207264486, "dbmf": -0.014214449811785148, "dbb": 0.003099181718059351}, "r2": 0.7888441821127877, "alpha_ann": -0.001754581138773093, "alpha_t": -0.13288794471561446}, "rec5": {"n": 1416, "betas": {"qqq": -0.02267338334008205, "ivv": 0.04768898749907842, "iwm": -0.0011114411175481497, "efa": 0.010822294421189075, "vwo": 0.0030844390571802692, "vnq": 0.005266357042324169, "bil": 0.37365804124173446, "shv": 0.06702032171976158, "ief": -0.02376153008547848, "tlt": 0.07622169839250204, "vblix": 0.4340436165924505, "agg": 0.08754467386004432, "vweax": 0.8097652886862803, "vmbix": -0.0464536210710912, "djp": 0.006154925511892594, "gsg": 0.0004877118497544167, "gld": -0.005241374064341178, "fxe": -0.00733539997425913, "fxy": 0.00191182010444158, "shy": -0.06930739988710262, "lqd": -0.21976335262520094, "hyg": 0.005732824957862945, "pff": 0.0293803215152904, "emb": 0.0005388395473581648, "tip": 0.003485824932232251, "vtv": 0.018432634441311962, "xlk": 0.00814079128320031, "xlf": -0.0059962656896403, "xle": 0.0010476297416205109, "xlv": -0.00977426649832892, "xlp": -0.016007692295518735, "xlu": 0.002177059343540038, "xly": 0.006504976405246932, "xlb": 0.0017273201183289014, "dbmf": -0.010977222040576547, "dbb": 0.0004916655235576604}, "r2": 0.8599744862227638, "alpha_ann": -0.00345012137233757, "alpha_t": -0.3264166405137702}, "corr_portfolio": 0.2935555395326901, "corr_benchmark": 0.3729841132823971, "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_ann_5y": 0.006405729034093752, "alpha_t_5y": 0.777177236068487, "alpha_t_full": 3.3729580170187567, "r2_5y": 0.849232027075457, "alpha_pos_frac": 0.5664739884393064}, "trigx": {"name": "T. Rowe Price International Value Equity Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.04756906401275035, "ivv": -0.1644917971396732, "iwm": 0.008526260892344317, "efa": 0.8273857704697887, "vwo": 0.047078517470832776, "vnq": -0.004744201263311401, "bil": -0.05257931587391808, "shv": 0.05724715281093264, "ief": -0.04225984402850301, "tlt": -0.033652213240881274, "vblix": 0.0901212630060596, "agg": -0.051057545550091614, "vweax": 0.0977077423214603, "vmbix": 0.06363253481336377, "djp": -0.0022225791629273874, "gsg": -0.01350411531237028, "gld": 0.010637957877023468, "fxe": 0.06732695443831087, "fxy": 0.010871388852805782, "shy": -0.16514722093414522, "lqd": 0.019224273893099195, "hyg": -0.058455706924092285, "pff": 0.037488148792840896, "emb": 0.043156000324260396, "tip": 0.06620419027811793, "vtv": 0.1509782599216066, "xlk": 0.04126077778323201, "xlf": 0.02457797933855871, "xle": 0.030811375520693744, "xlv": -0.009442692044855549, "xlp": -0.028035900375576805, "xlu": -0.01060684481587144, "xly": 0.019378070645114764, "xlb": -0.009060222664332505, "dbb": -0.004734833922293195}, "r2": 0.9488817289630804, "alpha_ann": 0.012668309000609187, "alpha_t": 1.1751160671724088}, "rec5": {"n": 1416, "betas": {"qqq": -0.14422386229565973, "ivv": 0.08150708891773874, "iwm": -0.007298298246013992, "efa": 0.8438526521702078, "vwo": 0.09140726039968793, "vnq": -0.0217493542434858, "bil": -0.047276096434236484, "shv": -0.09802821866550632, "ief": -0.045924516185697706, "tlt": -0.03243175230609114, "vblix": 0.09350080603512964, "agg": -0.2091642424881324, "vweax": -0.01273306066304216, "vmbix": 0.10407498918636612, "djp": 0.01653002620132923, "gsg": -0.02468562302168121, "gld": 0.0025238721948928396, "fxe": 0.11772727699298821, "fxy": -0.020122173289404074, "shy": 0.009961640655213757, "lqd": 0.08981792327761645, "hyg": 0.022873641077409478, "pff": -0.010853685211701733, "emb": 0.0429450741076046, "tip": 0.0326808584809845, "vtv": 0.15221558754624487, "xlk": 0.0002783212899834046, "xlf": -0.0009413770961382389, "xle": 0.012520067843197197, "xlv": -0.052182222389909313, "xlp": -0.018885598202529826, "xlu": -0.018814527529324516, "xly": 0.00805134668992163, "xlb": -0.013654526718598205, "dbb": -0.008160286764372814}, "r2": 0.9468314382088738, "alpha_ann": 0.05291644894487953, "alpha_t": 2.6033302719349023}, "corr_portfolio": 0.4368738108493859, "corr_benchmark": 0.5006283416085692, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.05272058027483133, "alpha_t_5y": 3.328411572025639, "alpha_t_full": 1.8157198763057274, "r2_5y": 0.9427352283734781, "alpha_pos_frac": 0.512396694214876}, "trlax": {"name": "T. Rowe Price Retirement Income 2020 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.009676024567927502, "ivv": 0.2890592407519605, "iwm": 0.06607899629233449, "efa": 0.09607795069646961, "vwo": 0.03142398925456721, "vnq": 0.013017516161745948, "bil": -0.6150348834979604, "shv": 0.2902519412939225, "ief": 0.24539467627287598, "tlt": 0.11901759721248976, "vblix": -0.09995310160731342, "agg": -0.7942367167160874, "vweax": 0.15983175991450682, "vmbix": 0.1884550828732988, "djp": 0.0021660187558245336, "gsg": 0.0005262971102792852, "gld": 0.013733553278573266, "fxe": 0.016503137123922432, "fxy": 0.010664656468413015, "shy": 0.22022798411333694, "lqd": -0.02382089286205518, "hyg": 0.08939858309196598, "pff": 0.0008837146551200153, "emb": 0.08521305802020274, "tip": 0.03041676588222851, "vtv": -0.04264724199975496, "xlk": -0.0182665446013878, "xlf": -0.023098623721845426, "xle": 0.01136129074084874, "xlv": 0.016773544751181785, "xlp": -0.047876051082952724, "xlu": 0.00876665310185412, "xly": 0.013695664061106215, "xlb": 0.033063055872254915, "dbmf": -0.0025397845987032205, "dbb": -0.004191535970818901}, "r2": 0.9113245696748506, "alpha_ann": 0.011358594865773957, "alpha_t": 0.7986608678407658}, "rec5": {"n": 1416, "betas": {"qqq": 0.030511831088678304, "ivv": 0.23158616265208756, "iwm": 0.054713397755527776, "efa": 0.10254755672962175, "vwo": 0.045937171768485004, "vnq": 0.013163192435369902, "bil": -0.13726436091853214, "shv": 0.3916276533330834, "ief": 0.08679565777691031, "tlt": 0.033498516027586196, "vblix": 0.0577123990021923, "agg": -0.14569629647178498, "vweax": 0.09400382178275551, "vmbix": 0.10471289326755635, "djp": -0.0028282709415605027, "gsg": 0.0031520054514010323, "gld": 0.007733159455249943, "fxe": 0.01139039275025405, "fxy": -0.007163100716240044, "shy": 0.04353037897920651, "lqd": 0.02781850288693031, "hyg": -0.016001142979429138, "pff": -0.014904381969066191, "emb": 0.013676518081395951, "tip": 0.055615716923362674, "vtv": 0.004668033447003331, "xlk": -0.007781478756402019, "xlf": 0.0006099294309497161, "xle": 0.002562059899793467, "xlv": 0.0010123149506751237, "xlp": -0.002657560349788599, "xlu": -0.0024617398415137334, "xly": -0.005149042316826169, "xlb": 0.012315195332659231, "dbmf": 0.012820724000168912, "dbb": -0.0013682130261631828}, "r2": 0.9626560322878712, "alpha_ann": -0.014296186827281482, "alpha_t": -1.533035645619383}, "corr_portfolio": 0.2584422867756668, "corr_benchmark": 0.6891757502935738, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.005230481137787123, "alpha_t_5y": -0.7182843293542832, "alpha_t_full": -0.06532677661208176, "r2_5y": 0.9595985942813768, "alpha_pos_frac": 0.5619047619047619}, "trlgx": {"name": "T. Rowe Price Large-Cap Growth Fund", "local": true, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.43572409196211354, "ivv": 1.1221801776081766, "iwm": 0.04670591751344802, "efa": 0.0029301365109110967, "vwo": 0.029819037153047352, "vnq": -0.004016428589183276, "bil": 0.4281004278289062, "shv": 0.03457825685226793, "ief": -0.1250249746572103, "tlt": 0.017801976022931185, "vblix": 0.03850650166794585, "agg": 0.054296353805794034, "vweax": -0.004029712267491751, "vmbix": -0.0675320940580303, "djp": -0.00992769388042623, "gsg": 0.0011167565169705042, "gld": -0.007988169196392673, "fxe": -0.001539666864512831, "fxy": -0.021723312404459835, "shy": 0.3521716025087247, "lqd": 0.005530736180146294, "hyg": 0.05239111782359287, "pff": 0.018264681737028242, "emb": -0.02748662737162728, "tip": 0.03873913725752364, "vtv": -0.8876766229147769, "xlk": -0.09994656370832819, "xlf": 0.1238182976396858, "xle": 0.020602494573329445, "xlv": 0.17275416064158527, "xlp": -0.05201516918677839, "xlu": 0.001730001956213305, "xly": 0.016306910414119136, "xlb": 0.03273650866037531, "dbb": 0.0041356578917647255}, "r2": 0.9567975534291004, "alpha_ann": -0.00967918718659605, "alpha_t": -0.7943810566731251}, "rec5": {"n": 1416, "betas": {"qqq": 0.33827902315054675, "ivv": 1.338715456011276, "iwm": 0.050753205246806474, "efa": -0.03307131538851589, "vwo": 0.03325059503877643, "vnq": 0.009522356068520033, "bil": 1.3020798510822105, "shv": -0.3109355573218244, "ief": -0.036073716801394484, "tlt": 0.08222054144321621, "vblix": 0.41338313496071777, "agg": -0.10048781551089357, "vweax": -0.15599985235478597, "vmbix": 0.029379855840243028, "djp": -0.02442626420684372, "gsg": 0.014458863506918015, "gld": 0.0004991019926857166, "fxe": -0.02007272450782072, "fxy": -0.012678373819340448, "shy": 0.23259949700942636, "lqd": -0.22976687719886885, "hyg": 0.1705994884069395, "pff": 0.005794738586049558, "emb": 0.00806930533050068, "tip": 0.062341710312132294, "vtv": -1.0896977774033425, "xlk": -0.05175079713831733, "xlf": 0.17789546215152913, "xle": 0.024012739100168157, "xlv": 0.16896473511966084, "xlp": 0.013534179119266831, "xlu": 0.0034087692960778427, "xly": -0.046466255707824464, "xlb": 0.039962568943361323, "dbb": 0.0007489802130007939}, "r2": 0.9574242836327188, "alpha_ann": -0.048819255302918294, "alpha_t": -1.9123974957469314}, "corr_portfolio": 0.14241515613408276, "corr_benchmark": 0.6056939230230594, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.03713980841438841, "alpha_t_5y": -1.5363694652924191, "alpha_t_full": 0.07824429034742189, "r2_5y": 0.9321187682287765, "alpha_pos_frac": 0.5426008968609866}, "trlvx": {"name": "SIMT CORE FIXED INCOME FUND", "local": true, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.008718047334426444, "ivv": 0.03813564494877372, "iwm": -0.005208941755750807, "efa": -0.005899023222757949, "vwo": -0.0004008519709888476, "vnq": 0.004659816263857886, "bil": -0.1477450384273266, "shv": -0.1762209474315018, "ief": 0.10859888197107705, "tlt": 0.1150074305366792, "vblix": 0.2984780148816068, "agg": 0.09279453281399837, "vweax": 0.10017619988568802, "vmbix": 0.2658535709213567, "djp": -0.0008651959045137378, "gsg": -0.0024119928320157627, "gld": 0.0015720992189331999, "fxe": 0.0002343289770180844, "fxy": 0.001455124315147425, "shy": 0.524322264071787, "lqd": 0.011380410562122184, "hyg": -0.002134962635620968, "pff": 0.005358881251457594, "emb": 0.007504983758538927, "tip": -0.03653878855368643, "vtv": 0.009235134771157805, "xlk": -0.016999124915332776, "xlf": -0.006987485713803789, "xle": 0.0009421908561220509, "xlv": -0.0018548772724110696, "xlp": -0.0010259068868164907, "xlu": -0.0004609293202496925, "xly": -0.005421595564766691, "xlb": 0.00030256432556452495, "dbb": 0.003122130167957788}, "r2": 0.9309935353613037, "alpha_ann": 0.0034672021843879693, "alpha_t": 0.9812023202571565}, "rec5": {"n": 1416, "betas": {"qqq": -0.01326273352200619, "ivv": 0.031000342478707282, "iwm": -0.0050954067546206, "efa": -0.002244359490806031, "vwo": 0.002999332055414968, "vnq": 0.003161734169679747, "bil": 0.012021178859317031, "shv": -0.22829783631056827, "ief": 0.21382151321670292, "tlt": 0.10863008556996075, "vblix": 0.33581062085474095, "agg": 0.20866694098848282, "vweax": 0.11903477476821979, "vmbix": 0.17484421138301562, "djp": -0.0002302475885611175, "gsg": -0.00019844816993249434, "gld": -0.001592009610336886, "fxe": 0.000672822422603836, "fxy": 0.0007358414804559839, "shy": 0.3869184693683068, "lqd": -0.05900358120781176, "hyg": -0.030006173543102126, "pff": 0.00851459577574996, "emb": 0.00976650779875785, "tip": -0.007593722667159702, "vtv": -0.013410613008913993, "xlk": 0.004188638317632104, "xlf": 0.0020547741374585186, "xle": 0.0030808397395956735, "xlv": 0.002972532215883966, "xlp": 0.00795664315957532, "xlu": -0.003914235434721115, "xly": 0.0011663505655810681, "xlb": 0.0006575265230027126, "dbb": -0.00024127449379571664}, "r2": 0.9750646173443706, "alpha_ann": -0.0021553127543545844, "alpha_t": -0.393308606702081}, "corr_portfolio": -0.07571077731760581, "corr_benchmark": 0.7174791376242576, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.00522945770463527, "alpha_t_5y": -1.1636040945264872, "alpha_t_full": 6.336874381815047, "r2_5y": 0.9703424982357559, "alpha_pos_frac": 0.43352601156069365}, "trmcx": {"name": "T. Rowe Price Mid-Cap Value Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.09886159022545159, "ivv": -0.008807215148011117, "iwm": 0.3076806419977837, "efa": 0.047757183043230615, "vwo": -0.013626792721695775, "vnq": 0.03649996142498215, "bil": -0.22861418749615714, "shv": 0.36006718965174983, "ief": 0.01134893326256232, "tlt": -0.00023565107678429086, "vblix": -0.004880209748577048, "agg": 0.08522334468105483, "vweax": 0.09848439962299599, "vmbix": -0.002865845019005151, "djp": 0.017944941094909354, "gsg": -0.00967933721852738, "gld": 0.011606683033070376, "fxe": 0.01205552884239775, "fxy": -0.012270492491009984, "shy": -0.19061875936750536, "lqd": -0.015974272686910602, "hyg": -0.030357374629686434, "pff": 0.02246545937248471, "emb": 0.025188568636931495, "tip": -0.032461059932323885, "vtv": 0.4295411478255663, "xlk": 0.03524829188646395, "xlf": 0.021632743971273998, "xle": 0.06488246870912612, "xlv": -0.05829319985886203, "xlp": -0.014228680404802744, "xlu": 0.0034007646752795924, "xly": 0.048146727733901204, "xlb": 0.09682556399387565, "dbb": 0.0019236843189905936}, "r2": 0.9441543749694911, "alpha_ann": 0.010340837789442177, "alpha_t": 0.8774108094352517}, "rec5": {"n": 1416, "betas": {"qqq": -0.17991006067872262, "ivv": 0.1176134472590582, "iwm": 0.28947308544081435, "efa": 0.08497011267134681, "vwo": 0.0018514287895447304, "vnq": 0.0705726660679138, "bil": -0.5844139382549799, "shv": 1.0105909751655027, "ief": 0.06629334547326354, "tlt": 0.0002475611144652459, "vblix": -0.07918923065836675, "agg": -0.2960235115093645, "vweax": 0.10017710011560238, "vmbix": 0.07048118074778416, "djp": 0.02128271419414414, "gsg": -0.01652702754451907, "gld": -0.0036646139621049913, "fxe": 0.00385853407062091, "fxy": -0.0367830709719466, "shy": -0.25227229167919957, "lqd": 0.11112769929982226, "hyg": -0.003091615421195286, "pff": 0.007232213207477713, "emb": 0.018012970891511892, "tip": 0.05104961446990668, "vtv": 0.5900737538476105, "xlk": 0.03154521255060794, "xlf": -0.029831010467588976, "xle": 0.027069625828996864, "xlv": -0.10148462380688408, "xlp": -0.043227286462377244, "xlu": -0.03464163864572326, "xly": 0.029355084729867868, "xlb": 0.10424652731631796, "dbb": 0.0013518905934674997}, "r2": 0.9332922892641503, "alpha_ann": 0.004697217508238182, "alpha_t": 0.18809466449456622}, "corr_portfolio": 0.3748937184824466, "corr_benchmark": 0.5328352832188834, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.035266695111448476, "alpha_t_5y": 1.3838789059550358, "alpha_t_full": 3.3074310146279795, "r2_5y": 0.87723821878353, "alpha_pos_frac": 0.4605263157894737}, "trmvx": {"name": "SIMT LARGE CAP VALUE FUND", "local": true, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.04981200126689039, "ivv": -0.021849644293088118, "iwm": 0.10063873060659624, "efa": 0.025194415578454483, "vwo": 0.01360210287023716, "vnq": 0.008457145845675383, "bil": 0.14276584193546105, "shv": -0.3542555055825372, "ief": -0.042243238956059755, "tlt": -0.02691967545262222, "vblix": -0.26738179254237215, "agg": -0.2149208681245882, "vweax": 0.2415276613986892, "vmbix": -0.18084871292221844, "djp": 0.0022070531782757536, "gsg": 0.0014423884943226574, "gld": -0.03480709817735211, "fxe": 0.010935856068753226, "fxy": -0.010752256465426756, "shy": 0.594116068605452, "lqd": 0.22845438404040017, "hyg": -0.06460800924905644, "pff": 0.04729754768569393, "emb": 0.016673436156890993, "tip": 0.020579946541882436, "vtv": 0.7414237829453194, "xlk": -0.09607099902037995, "xlf": 0.054491865185875815, "xle": 0.031102517384239664, "xlv": -0.013524594803540195, "xlp": 0.00330021538809089, "xlu": -0.03912347505659701, "xly": 0.017188822863594543, "xlb": 0.044661826348194655, "dbb": -0.0003675987678543255}, "r2": 0.9376884004117192, "alpha_ann": -0.010342762060210137, "alpha_t": -0.8466818361448096}, "rec5": {"n": 1416, "betas": {"qqq": -0.08593690463534992, "ivv": 0.13641735411191727, "iwm": 0.09014394185274603, "efa": 0.021031552656870747, "vwo": 0.00584624908691558, "vnq": -0.0014973161070339638, "bil": 0.04333019151678397, "shv": 0.2328830282411751, "ief": 0.04597216537670014, "tlt": 0.001227326358753027, "vblix": 0.03336243796227652, "agg": -0.33756880243928733, "vweax": -0.003091709674296548, "vmbix": 0.07836996697850611, "djp": 0.006618982226706698, "gsg": -0.005297649930933279, "gld": -0.0184248055448813, "fxe": 0.0033422477157323545, "fxy": -0.00042361137530676603, "shy": 0.08867243804422392, "lqd": 0.10870361223583917, "hyg": 0.02420184578203191, "pff": 0.029616924668588326, "emb": 0.01255170197010853, "tip": -0.005154272167099778, "vtv": 0.6693014847469552, "xlk": -0.036878089227049916, "xlf": 0.0806510755980351, "xle": 0.03761748530674701, "xlv": -0.027272975724409995, "xlp": 0.031206236058955984, "xlu": -0.026111566711987774, "xly": 0.032781933229944375, "xlb": 0.05051590915053067, "dbb": -0.009211502237134992}, "r2": 0.9683524287894231, "alpha_ann": -0.002168853924500192, "alpha_t": -0.14527421382580297}, "corr_portfolio": 0.4179553578657548, "corr_benchmark": 0.4958292132608764, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.023920842373399444, "alpha_t_5y": 1.364194432289992, "alpha_t_full": 3.206766723093051, "r2_5y": 0.9228158517763114, "alpha_pos_frac": 0.5063829787234042}, "trosx": {"name": "T. Rowe Price Overseas Stock Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.07284309546853138, "ivv": -0.028599958577116096, "iwm": 0.00655798885596044, "efa": 0.8323295890941914, "vwo": 0.057831331509338064, "vnq": -0.009244561411492958, "bil": -0.23188323353656806, "shv": -0.11989756261250475, "ief": -0.008581795843656446, "tlt": -0.002658518544496173, "vblix": 0.06309535928615788, "agg": -0.06376971425637391, "vweax": 0.061906616390067344, "vmbix": 0.0256858225781495, "djp": -0.0011198036522161562, "gsg": -0.004869844206447494, "gld": 0.00896321542642472, "fxe": 0.07063501638539103, "fxy": 0.005430253947199561, "shy": 0.09290591081313473, "lqd": -0.010691115098114752, "hyg": -0.05898813450610198, "pff": 0.01279969137487459, "emb": 0.001948740551471601, "tip": 0.04350509724360042, "vtv": 0.13492478582806208, "xlk": 0.0776792213490395, "xlf": -0.02611664545101321, "xle": 0.005146900285735865, "xlv": 0.007531091031454055, "xlp": -0.033597945067884084, "xlu": -0.014598806369742912, "xly": 0.024906167775300133, "xlb": 0.0015018131099551798, "dbmf": -0.0008750134314012437, "dbb": -0.007887887134851891}, "r2": 0.9754544635620337, "alpha_ann": 0.003912414836659229, "alpha_t": 0.29007411822375867}, "rec5": {"n": 1416, "betas": {"qqq": -0.059411833850736645, "ivv": -0.013093877072605611, "iwm": 0.0070155317109126, "efa": 0.8502457717195988, "vwo": 0.05937511823826925, "vnq": -0.010570448337260124, "bil": -0.40086399878454443, "shv": 0.4373118389619127, "ief": 0.06819072880802006, "tlt": 0.0018453039024380839, "vblix": 0.08562996653689649, "agg": -0.27682191019809205, "vweax": 0.020862999547829046, "vmbix": 0.08927233591797958, "djp": 0.005683286710341449, "gsg": -0.012420970038990243, "gld": 0.005780746865353227, "fxe": 0.06004242727025744, "fxy": -0.000786845435175115, "shy": 0.06727608726113181, "lqd": 0.06853486821676134, "hyg": -0.032909262386541634, "pff": -0.018720510565234723, "emb": -0.024590964196893644, "tip": 0.023902569690489137, "vtv": 0.1323423071582796, "xlk": 0.06517343781529954, "xlf": -0.0230902354077579, "xle": 0.002194086236093997, "xlv": -0.006283101365010187, "xlp": -0.023391719967641434, "xlu": -0.011636865078367769, "xly": 0.013491715748357641, "xlb": -0.004821567002700151, "dbmf": 0.0014701148373524337, "dbb": -0.0040040144481172085}, "r2": 0.9712313836487884, "alpha_ann": -0.007886895203264035, "alpha_t": -0.5187214130465052}, "corr_portfolio": 0.39011073874025265, "corr_benchmark": 0.539462923742001, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.0010623727397914445, "alpha_t_5y": -0.09015703884241828, "alpha_t_full": -0.5925719496960928, "r2_5y": 0.9691984453097194, "alpha_pos_frac": 0.5201793721973094}, "trpbx": {"name": "T. Rowe Price Spectrum Moderate Allocation Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.08708635106645005, "ivv": 0.21254526952302513, "iwm": 0.05343076164272525, "efa": 0.14125722555412462, "vwo": 0.05592484779112348, "vnq": 0.008042770106021056, "bil": -0.11507756966769399, "shv": 0.5171671792193427, "ief": 0.09174562809421338, "tlt": 0.02767105346308937, "vblix": 0.2598888391918747, "agg": -0.41460120745127566, "vweax": 0.017946143512847464, "vmbix": 0.17221814068067157, "djp": -0.003323834385407912, "gsg": -2.6700432267806905e-05, "gld": 0.006620197500162378, "fxe": 0.006706899489297266, "fxy": -0.00229085793483457, "shy": 0.08645149250461645, "lqd": 0.14808048503788207, "hyg": 0.03401896313840969, "pff": -0.0607537507482994, "emb": -0.027761035888457082, "tip": 0.023472647870055038, "vtv": -0.018230764056691513, "xlk": -0.011936718637706003, "xlf": 0.018953530536246325, "xle": 0.002720563358045179, "xlv": 0.03589871094857852, "xlp": -0.013719414584694148, "xlu": 0.011195983946186218, "xly": 0.005090534717463166, "xlb": 0.01699906943200824, "dbb": 0.00397539495666803}, "r2": 0.9602443668000119, "alpha_ann": -0.0012025683715350562, "alpha_t": -0.20463609071909183}, "rec5": {"n": 1416, "betas": {"qqq": 0.054814830306806006, "ivv": 0.28034392043028233, "iwm": 0.056110533291418324, "efa": 0.12755756861949494, "vwo": 0.06060257353807739, "vnq": 0.012606233741155375, "bil": 0.3216387210254565, "shv": 0.09261285576266844, "ief": 0.06531053514181827, "tlt": 0.024659813402223753, "vblix": 0.07909273640056515, "agg": 0.08861346426969051, "vweax": 0.08507907606087395, "vmbix": 0.04852763881068317, "djp": -0.008944972772114614, "gsg": 0.006008664915521724, "gld": 0.014625680498874045, "fxe": -0.009807709055099718, "fxy": -0.009942231954003709, "shy": -0.10185523728966085, "lqd": -0.0066109731941753165, "hyg": -0.04061970109317206, "pff": -0.02069321056887742, "emb": -0.02668722884780392, "tip": 0.0006266198919249805, "vtv": -0.03811796551545106, "xlk": -0.009109132505212756, "xlf": 0.01677345814464647, "xle": 0.004942096574240946, "xlv": 0.014392441693577765, "xlp": -0.004866292217199037, "xlu": 0.0007357007371117087, "xly": -0.003966251064736911, "xlb": 0.01649935420462822, "dbb": 0.0017805073443452717}, "r2": 0.9666673268997267, "alpha_ann": -0.019200792475171584, "alpha_t": -1.9001737673423813}, "corr_portfolio": 0.30385994820148754, "corr_benchmark": 0.6521074357638844, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.00344334456146991, "alpha_t_5y": -0.43813047273725875, "alpha_t_full": 4.48052039437517, "r2_5y": 0.9642600779897569, "alpha_pos_frac": 0.5028901734104047}, "trrax": {"name": "T. Rowe Price Retirement 2010 Fund", "local": true, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.004365646635532003, "ivv": 0.25579118902378595, "iwm": 0.05343654239209952, "efa": 0.0751272997901205, "vwo": 0.01833120747053363, "vnq": 0.007189303062564149, "bil": -0.3794051676485231, "shv": 0.25500059527514074, "ief": 0.24197268822865703, "tlt": 0.12154493779232864, "vblix": -0.037425822060776916, "agg": -0.6936068338245187, "vweax": 0.16219714624519624, "vmbix": 0.1671394341521796, "djp": -0.005813575760548867, "gsg": 0.005099041249278999, "gld": 0.016531594604885513, "fxe": 0.029654253228113128, "fxy": 0.013071213366790839, "shy": 0.21341258710527655, "lqd": -0.029050505990239898, "hyg": 0.06270871320080997, "pff": 0.0008319140013886684, "emb": 0.06018775816449159, "tip": 0.03859489627044301, "vtv": -0.037150846425313154, "xlk": -0.015967904042970587, "xlf": -0.017704274961446564, "xle": 0.008698903016224443, "xlv": 0.01097178345692507, "xlp": -0.041194588642057946, "xlu": 0.0016931183719553341, "xly": 0.014316458446856722, "xlb": 0.028288168709750382, "dbmf": 0.0023444882527922737, "dbb": -0.0018793817451489801}, "r2": 0.9089791516345744, "alpha_ann": 0.009767891304092757, "alpha_t": 0.8123996377078131}, "rec5": {"n": 1416, "betas": {"qqq": 0.012353581743907896, "ivv": 0.19769757513247846, "iwm": 0.04438635339661495, "efa": 0.08752331216387148, "vwo": 0.039658131936149366, "vnq": 0.010400200508328522, "bil": 0.016929496427086355, "shv": 0.3565769712724569, "ief": 0.083071653282429, "tlt": 0.015541960098828743, "vblix": 0.032165791978994655, "agg": -0.0694951247580357, "vweax": 0.11767222204378691, "vmbix": 0.10868525511389816, "djp": -0.002509768040952654, "gsg": 0.0031011771615683356, "gld": 0.008858077134134145, "fxe": 0.004515633381957399, "fxy": -0.0012169530637828924, "shy": -0.0407745104616771, "lqd": 0.028587493876510935, "hyg": -0.030716545329032778, "pff": -0.013636816734670449, "emb": 0.012502180328475457, "tip": 0.06934240823987402, "vtv": -0.005852590056755791, "xlk": 0.007793764270787331, "xlf": 0.008211270179267417, "xle": 0.005028354108805887, "xlv": 0.00401446215150657, "xlp": 0.0028353094284093495, "xlu": -0.0033815112563290698, "xly": -0.0011823227236129295, "xlb": 0.008379076340401094, "dbmf": 0.0067623832174160264, "dbb": -0.0005282759343518614}, "r2": 0.9685776482367348, "alpha_ann": -0.013386998179248918, "alpha_t": -1.7669885877228002}, "corr_portfolio": 0.2794188545031089, "corr_benchmark": 0.6653124654412251, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.0031353732516558614, "alpha_t_5y": 0.5079741575060417, "alpha_t_full": 1.2442544376734421, "r2_5y": 0.9630061435042842, "alpha_pos_frac": 0.4797687861271676}, "trrbx": {"name": "T. Rowe Price Retirement 2020 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.0012419661387679526, "ivv": 0.2702439208434119, "iwm": 0.05531489394681337, "efa": 0.09764259503256324, "vwo": 0.03115718179099653, "vnq": 0.0072270991474703075, "bil": -0.5062068621149876, "shv": 1.050672781509168, "ief": 0.4073154190087327, "tlt": 0.13382529750717695, "vblix": 0.1587406749830167, "agg": -1.3338987490439285, "vweax": 0.07394095989994222, "vmbix": 0.35159323686993116, "djp": -0.0029610742740261123, "gsg": 0.0014835426431337004, "gld": 0.013954260044670532, "fxe": 0.021539094533100253, "fxy": 0.013394145555602229, "shy": 0.09821432139406719, "lqd": 0.13377199183284258, "hyg": 0.1331924383151657, "pff": -0.0649275256821102, "emb": 0.029791900843547204, "tip": 0.043269159420590335, "vtv": -0.025159498864679823, "xlk": -0.006179811221143054, "xlf": -0.015195876565847623, "xle": 0.011749981623402753, "xlv": 0.027872926314997302, "xlp": -0.042493078143734715, "xlu": 0.011990366607424367, "xly": 0.019454870146158782, "xlb": 0.03276917342742373, "dbmf": 0.007961788990151111, "dbb": -0.005951492244247368}, "r2": 0.9175096690826551, "alpha_ann": -0.006066355806527603, "alpha_t": -0.445564467207568}, "rec5": {"n": 1416, "betas": {"qqq": 0.020620444447402034, "ivv": 0.23116674050487843, "iwm": 0.0520524150664794, "efa": 0.09872449963893863, "vwo": 0.04685368744011604, "vnq": 0.0125646820717117, "bil": -0.048177795430869905, "shv": 0.46838921572576947, "ief": 0.08136238909693154, "tlt": 0.01901018437334472, "vblix": 0.04278528402103345, "agg": -0.05546721286860937, "vweax": 0.10239438907716311, "vmbix": 0.09262314309200297, "djp": -0.0028394210282103134, "gsg": 0.0039876153823376085, "gld": 0.007756978668770992, "fxe": 0.007942909371378959, "fxy": -0.004963200884030342, "shy": -0.05867891844798582, "lqd": 0.02501825296544376, "hyg": -0.027674094580822074, "pff": -0.014216758877152997, "emb": 0.013076916593816356, "tip": 0.05080939821734166, "vtv": -0.01952143417096967, "xlk": 0.0019600216157443845, "xlf": 0.011336002201356925, "xle": 0.00573741596355294, "xlv": 0.008500016589212112, "xlp": 0.0011961847044744723, "xlu": -0.002466138474198294, "xly": -0.0032052964321382625, "xlb": 0.013901143900187242, "dbmf": 0.008766178612893322, "dbb": -0.0013533415918202084}, "r2": 0.9697546469120759, "alpha_ann": -0.01400038234877459, "alpha_t": -1.6851276889017008}, "corr_portfolio": 0.2987242249086373, "corr_benchmark": 0.6078040258946251, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.0011337241319269097, "alpha_t_5y": -0.1739746620620052, "alpha_t_full": 1.116290604623269, "r2_5y": 0.9669916504930995, "alpha_pos_frac": 0.5605381165919282}, "trrcx": {"name": "T. Rowe Price Retirement 2030 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.026780349150687333, "ivv": 0.31210398184592175, "iwm": 0.07688893669827188, "efa": 0.1220766039873691, "vwo": 0.041330807218346845, "vnq": 0.020522635304244946, "bil": -0.4973270035786889, "shv": 0.27101699970037196, "ief": 0.29247594040387037, "tlt": 0.15006372406209895, "vblix": -0.13029380607807067, "agg": -1.0039388238273357, "vweax": 0.14231669649820247, "vmbix": 0.21354037589646305, "djp": -0.001968624315523416, "gsg": 0.00379791238950049, "gld": 0.018109720945609507, "fxe": 0.022198739917536504, "fxy": 0.006420023919777682, "shy": 0.24992851915729983, "lqd": -0.037420261008841035, "hyg": 0.11405023099181022, "pff": 0.010365909243206742, "emb": 0.09904879468417283, "tip": -0.006563010292375027, "vtv": -0.11054511978012624, "xlk": -0.015114537521519499, "xlf": -0.0028845274171263066, "xle": 0.021822529131375692, "xlv": 0.04592909294481247, "xlp": -0.05557609594942897, "xlu": 0.011848508998369483, "xly": 0.022339472436915704, "xlb": 0.05813412637912798, "dbmf": -0.0017610858246182165, "dbb": -0.009880780901304214}, "r2": 0.9086484587654271, "alpha_ann": 0.009645069839450019, "alpha_t": 0.5215303688879814}, "rec5": {"n": 1416, "betas": {"qqq": 0.046555804598642475, "ivv": 0.2737984377110972, "iwm": 0.07225032747443588, "efa": 0.12996404543738596, "vwo": 0.061855364896824416, "vnq": 0.02058746640254876, "bil": 0.06130967694203561, "shv": 0.4408697246468573, "ief": 0.06974081329057207, "tlt": 0.024044246191499915, "vblix": 0.06912906896665662, "agg": -0.056211921906781565, "vweax": 0.08013380686766368, "vmbix": 0.06742986131705313, "djp": -0.004125137719376275, "gsg": 0.005523816057254591, "gld": 0.006784938121566733, "fxe": 0.020724677486863866, "fxy": -0.011149923948143623, "shy": -0.06587548267406211, "lqd": 0.01919448676708442, "hyg": -0.006333391192245581, "pff": -0.021138568861942698, "emb": 0.004127838076162527, "tip": 0.020251745640185257, "vtv": -0.053185490057298355, "xlk": 0.004344264204580152, "xlf": 0.023353648003784443, "xle": 0.011000335027390154, "xlv": 0.020409370892303876, "xlp": 0.009260525133699658, "xlu": 0.0009122464663011173, "xly": -0.004342225987691385, "xlb": 0.02366068520034984, "dbmf": 0.007811156455615906, "dbb": -0.0023840224037316275}, "r2": 0.9684908581620362, "alpha_ann": -0.021408198014004926, "alpha_t": -1.96358311667555}, "corr_portfolio": 0.298281333930085, "corr_benchmark": 0.6116897426441269, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.006937856125564424, "alpha_t_5y": -0.8177642491465346, "alpha_t_full": 0.7818011279280109, "r2_5y": 0.966145740139196, "alpha_pos_frac": 0.5560538116591929}, "trrdx": {"name": "T. 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Rowe Price Real Estate Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.020313359160152922, "ivv": -0.08274746878019897, "iwm": -0.011917970141773575, "efa": 0.015360768835242062, "vwo": -0.01629235934676794, "vnq": 0.9951991435482755, "bil": 0.10354017023589394, "shv": -0.260936266589812, "ief": -0.12369567546741132, "tlt": 0.016121481058953436, "vblix": -0.07955133067154599, "agg": -0.06671098644637154, "vweax": 0.04815456412449591, "vmbix": 0.09322326918904429, "djp": 0.02322394718599878, "gsg": -0.017594123577167674, "gld": -0.01269739761095914, "fxe": -0.006144456258188653, "fxy": -0.0012200334691480268, "shy": 0.22072445791049108, "lqd": 0.02373578899496635, "hyg": 0.0013509844789412547, "pff": -0.04590220960634256, "emb": -0.010915643285977598, "tip": -0.014636089551689163, "vtv": 0.11272583078785332, "xlk": 0.002233908291801243, "xlf": 0.022358948111335472, "xle": 0.005079542226181945, "xlv": -0.019243107255141275, "xlp": -0.019078934202433832, "xlu": -0.0029624046027873796, "xly": 0.023564460216161723, "xlb": -0.003584533670943413, "dbb": 0.0025495700629297752}, "r2": 0.9678982966579471, "alpha_ann": -0.007734644163475242, "alpha_t": -0.7633690944227564}, "rec5": {"n": 1416, "betas": {"qqq": -0.05844071893327704, "ivv": 0.03214074917089913, "iwm": -0.044037432109674236, "efa": 0.021821836543846954, "vwo": -0.015714969494028588, "vnq": 1.0102438971442158, "bil": 0.7252936030924227, "shv": -0.6504105746997624, "ief": 0.022360019132204548, "tlt": 0.007724031518776602, "vblix": -0.009398280722037551, "agg": -0.23143843636014488, "vweax": -0.013668825262787112, "vmbix": 0.06079760537305246, "djp": 0.0037316197972695276, "gsg": 0.007381349589574798, "gld": 0.0027850750390223077, "fxe": -0.019363780283560266, "fxy": -0.003433336179468406, "shy": 0.10741804333753276, "lqd": 0.0682654193139314, "hyg": 0.06359951170519608, "pff": -0.04247610765456384, "emb": -0.0029834993942794014, "tip": -0.0377615579955441, "vtv": 0.026508954213410305, "xlk": 0.010868422658799632, "xlf": -0.008481143770496049, "xle": -0.003929359616396468, "xlv": -0.008121058102365577, "xlp": 0.003545174664099938, "xlu": 0.005484858239745181, "xly": 0.01674883929194137, "xlb": 0.008987053274059157, "dbb": -0.0014732538058766613}, "r2": 0.9721713341571795, "alpha_ann": -0.0002461866372790632, "alpha_t": -0.014085106897784454}, "corr_portfolio": 0.2515211343367717, "corr_benchmark": 0.5431697331007489, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.0071647154182597666, "alpha_t_5y": 0.5370450456211956, "alpha_t_full": -0.3539428543982906, "r2_5y": 0.9708868111334393, "alpha_pos_frac": 0.5433526011560693}, "trrfx": {"name": "T. Rowe Price Retirement 2005 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.008707377984183987, "ivv": 0.24679430755383244, "iwm": 0.04999936521129448, "efa": 0.07607128839420368, "vwo": 0.015246167074713443, "vnq": 0.003771929042239015, "bil": -0.4038805471030001, "shv": 0.9514335573417295, "ief": 0.349218817669244, "tlt": 0.12983329958015338, "vblix": 0.16978265207358312, "agg": -1.0581189444770653, "vweax": 0.09324372225839397, "vmbix": 0.26918662586631564, "djp": -0.0037369655599532115, "gsg": 0.001767284466477382, "gld": 0.011532348682592895, "fxe": 0.036999795119957754, "fxy": 0.01263505512809016, "shy": 0.14554795680620783, "lqd": 0.09996285677757688, "hyg": 0.09131023455966006, "pff": -0.06090834265954175, "emb": 0.01673465293166273, "tip": 0.060605124713766945, "vtv": -0.014898140526843205, "xlk": -0.012955736561359439, "xlf": -0.018806374682240078, "xle": 0.0058608245969242615, "xlv": 0.010594591955726354, "xlp": -0.03728383961841634, "xlu": 0.005549438920004886, "xly": 0.017276183053196028, "xlb": 0.021031214541168415, "dbmf": 0.0080804470650848, "dbb": -0.000937642365074905}, "r2": 0.9175758593477654, "alpha_ann": -0.005245187555766062, "alpha_t": -0.4979660349227377}, "rec5": {"n": 1416, "betas": {"qqq": 0.004918502250002191, "ivv": 0.1969783720646171, "iwm": 0.04017003315224337, "efa": 0.08182736635004137, "vwo": 0.034837124860566074, "vnq": 0.011458463370964516, "bil": -0.04590854848186084, "shv": 0.49074499699288077, "ief": 0.07701039110670152, "tlt": 0.024569302490367477, "vblix": 0.04570032712749062, "agg": -0.053415716954475286, "vweax": 0.10246416323442434, "vmbix": 0.09469145573288165, "djp": 0.0015184910046340849, "gsg": 0.0001522971298246064, "gld": 0.00693888373758604, "fxe": 0.003321914612468103, "fxy": -0.0018264821208665652, "shy": -0.02824749117052611, "lqd": 0.016988215992166846, "hyg": -0.012956075971657979, "pff": -0.016567089776876185, "emb": 0.012966420461014854, "tip": 0.07109925304610332, "vtv": -0.01101302007365372, "xlk": 0.003695582381704177, "xlf": 0.005747382894726201, "xle": 0.004180714150677476, "xlv": 0.0046948507247866166, "xlp": -0.0005935651919599332, "xlu": -0.0020286426041392167, "xly": -0.0004242784937571586, "xlb": 0.009986456299713498, "dbmf": 0.00572301347748181, "dbb": -0.001364050503635689}, "r2": 0.9641947682763778, "alpha_ann": -0.013856816709596518, "alpha_t": -1.8323567274731383}, "corr_portfolio": 0.28139335643396185, "corr_benchmark": 0.6818919935288905, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.0002817318886143186, "alpha_t_5y": -0.046753381386153814, "alpha_t_full": 0.9401621746905857, "r2_5y": 0.9596831805595085, "alpha_pos_frac": 0.547085201793722}, "trrgx": {"name": "T. Rowe Price Retirement 2015 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.0021200896071811998, "ivv": 0.2583483665157777, "iwm": 0.05672995176206024, "efa": 0.09107707955637565, "vwo": 0.02443942287033318, "vnq": 0.004394559267848309, "bil": -0.5244786923165627, "shv": 0.9993737343844119, "ief": 0.3851391222535693, "tlt": 0.1343489781915364, "vblix": 0.15943689099439934, "agg": -1.2235077419751936, "vweax": 0.08506504828936888, "vmbix": 0.31311731909384705, "djp": -0.002629975267925071, "gsg": 0.001312675848654896, "gld": 0.01103074394439043, "fxe": 0.03271639269286609, "fxy": 0.012496362709779722, "shy": 0.15612757959538373, "lqd": 0.12137312620493317, "hyg": 0.11152945598840132, "pff": -0.06433155206980824, "emb": 0.020301914959452595, "tip": 0.0456307895756084, "vtv": -0.015727141514813078, "xlk": -0.010479221309795705, "xlf": -0.018326666828349856, "xle": 0.00877302586196685, "xlv": 0.01769425834784432, "xlp": -0.03923007089966478, "xlu": 0.010225520050884715, "xly": 0.01900109460036833, "xlb": 0.025180571254337352, "dbmf": 0.009828719652786595, "dbb": -0.0024699688880999594}, "r2": 0.9199376899019712, "alpha_ann": -0.0041649560928188915, "alpha_t": -0.3413587007292101}, "rec5": {"n": 1416, "betas": {"qqq": 0.014691961734315445, "ivv": 0.2158390929156983, "iwm": 0.05040818961480783, "efa": 0.09287602254927177, "vwo": 0.04375685869513506, "vnq": 0.010069690226259021, "bil": -0.04196498523035745, "shv": 0.3964397536584365, "ief": 0.08282474900825032, "tlt": 0.015369091484882108, "vblix": 0.029877647698286307, "agg": -0.05490614398907278, "vweax": 0.1145066969623599, "vmbix": 0.08932845938268666, "djp": 0.00029836365122180907, "gsg": 0.0012801863925693663, "gld": 0.0054201966992207225, "fxe": 0.009338417584266723, "fxy": -0.003466505753684322, "shy": -0.020312212373448223, "lqd": 0.0332990404369411, "hyg": -0.034382791955996084, "pff": -0.014252180233198216, "emb": 0.013894020770734837, "tip": 0.05622997778601295, "vtv": -0.011313624607333777, "xlk": 0.0035335244097874008, "xlf": 0.008007579519371833, "xle": 0.005194098076376953, "xlv": 0.005212062538640205, "xlp": 0.0025091068407353295, "xlu": -0.001203843185568749, "xly": -0.0013105651089068918, "xlb": 0.009105819820621659, "dbmf": 0.009534488534579597, "dbb": -0.00042630955794870085}, "r2": 0.967742468534935, "alpha_ann": -0.012191538440289819, "alpha_t": -1.5035388461380015}, "corr_portfolio": 0.29613026405873155, "corr_benchmark": 0.6421584279318412, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.003499380312089762, "alpha_t_5y": 0.5390199429195418, "alpha_t_full": 0.822086996164251, "r2_5y": 0.9633154375345114, "alpha_pos_frac": 0.4682080924855491}, "trrhx": {"name": "T. 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Rowe Price Retirement Balanced Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.01609499083465757, "ivv": 0.2320510395457831, "iwm": 0.04598751629501139, "efa": 0.06794287323330149, "vwo": 0.01933688280278394, "vnq": 0.005907994490999018, "bil": -0.49884996748744914, "shv": 0.17436564466068166, "ief": 0.19185805380924706, "tlt": 0.11221927105188302, "vblix": 0.04378366760050687, "agg": -0.615074648889075, "vweax": 0.18193028045069468, "vmbix": 0.1554552481907813, "djp": -0.004523916111371676, "gsg": 0.0023891338266723836, "gld": 0.017313210412334135, "fxe": 0.006547562481863437, "fxy": 0.009791931200071354, "shy": 0.29779433922776183, "lqd": -0.04413956016386817, "hyg": 0.046800927563452784, "pff": -0.001485540623376001, "emb": 0.05094486259605419, "tip": 0.07199391568616935, "vtv": -0.037013218496087005, "xlk": -0.003906422696556937, "xlf": -0.016772055153688598, "xle": 0.011449269136965343, "xlv": 0.013139875704088968, "xlp": -0.034524744121385585, "xlu": 0.004088063563223768, "xly": 0.014312458291413567, "xlb": 0.027214984603803588, "dbmf": 0.002354138906816864, "dbb": -0.005033446743955986}, "r2": 0.8903104923853864, "alpha_ann": 0.012501420065917345, "alpha_t": 1.0156165319630657}, "rec5": {"n": 1416, "betas": {"qqq": -0.0001016477687546119, "ivv": 0.2009996114409617, "iwm": 0.040959025527094226, "efa": 0.07776024262886148, "vwo": 0.03361090617413428, "vnq": 0.005228350670747827, "bil": -0.31198810058609916, "shv": 0.5400881661129538, "ief": 0.051267219853009194, "tlt": 0.04971817668662685, "vblix": 0.24155992829179435, "agg": -0.06480932358432293, "vweax": 0.13344433167042943, "vmbix": 0.09172379701047152, "djp": -0.0043943956350790325, "gsg": 0.0018689307967564646, "gld": 0.010705421537851968, "fxe": -0.0018476186102018859, "fxy": 0.0018112293260712047, "shy": 0.05643204818264877, "lqd": -0.038913934893922586, "hyg": -0.028132815881292253, "pff": -0.017116984774488454, "emb": -0.002498800871195318, "tip": 0.09525094367347244, "vtv": -0.0024649738455415344, "xlk": 0.009202943775343192, "xlf": -0.0007533573893103425, "xle": 0.00566157255143445, "xlv": -0.00028617605288361694, "xlp": 0.005324808142839715, "xlu": -0.002027433693775675, "xly": 0.0010189283310442481, "xlb": 0.007404247911275946, "dbmf": 0.011427001896506767, "dbb": -0.0018539136589750121}, "r2": 0.9449004392934595, "alpha_ann": -0.007339567715167459, "alpha_t": -0.802652879404787}, "corr_portfolio": 0.29097661056927476, "corr_benchmark": 0.686648648646273, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.001898523579818551, "alpha_t_5y": 0.25409620787466175, "alpha_t_full": 0.5563980279406479, "r2_5y": 0.9348827609996642, "alpha_pos_frac": 0.49710982658959535}, "trrjx": {"name": "T. Rowe Price Retirement 2035 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.03599076428344791, "ivv": 0.36566355693579633, "iwm": 0.09220692793422063, "efa": 0.1496464443786539, "vwo": 0.042758829969218655, "vnq": 0.02050562642344804, "bil": -0.7028584460172536, "shv": 0.5277968225410552, "ief": 0.2924014974550689, "tlt": 0.1742245304110041, "vblix": -0.14695138318055861, "agg": -1.1142310134091928, "vweax": 0.1364430471691753, "vmbix": 0.2239581348994961, "djp": -0.0036629406181932452, "gsg": 0.003924246480375354, "gld": 0.02148702015307969, "fxe": 0.028370439909076353, "fxy": 0.002500664270589437, "shy": 0.28511661440085034, "lqd": -0.03941142467788423, "hyg": 0.11031565668284836, "pff": 0.007023585613919011, "emb": 0.09858222177974553, "tip": -0.012564060145622653, "vtv": -0.11401670981952695, "xlk": -0.023315118443340124, "xlf": -0.009930444396919771, "xle": 0.02107490999952392, "xlv": 0.04637850932439955, "xlp": -0.07119862503400247, "xlu": 0.008719772087053932, "xly": 0.027461703821066438, "xlb": 0.06659701835220602, "dbmf": -0.00033405056113374604, "dbb": -0.008538306317400029}, "r2": 0.9139434985446313, "alpha_ann": 0.00848351916858169, "alpha_t": 0.4221035098580372}, "rec5": {"n": 1416, "betas": {"qqq": 0.046953757740319374, "ivv": 0.33444463303062116, "iwm": 0.08343967855624011, "efa": 0.15768102146047197, "vwo": 0.07106350994739695, "vnq": 0.02240900697171743, "bil": 0.05998159969656185, "shv": 0.5134797950096526, "ief": 0.04633475100453257, "tlt": 0.02985698690560303, "vblix": 0.10483345671226259, "agg": -0.08223582111333114, "vweax": 0.051461010188902555, "vmbix": 0.070398811692873, "djp": -0.005285382126611688, "gsg": 0.004291667372625501, "gld": 0.009773176087911206, "fxe": 0.015530213053622293, "fxy": -0.01477984273304589, "shy": -0.0719647320478305, "lqd": 0.020315112748502756, "hyg": 0.0009572427326039624, "pff": -0.022941202152119453, "emb": -0.004124342570975834, "tip": 0.011153884945845193, "vtv": -0.042376143136095334, "xlk": 0.0033398605815851074, "xlf": 0.014704702203411123, "xle": 0.01143389398793688, "xlv": 0.0226578453040079, "xlp": 0.0020325566279873883, "xlu": -0.0015796015347065418, "xly": -0.00391728497563644, "xlb": 0.027919837189670282, "dbmf": 0.007704921435871117, "dbb": -0.001509780534862018}, "r2": 0.9694305635667361, "alpha_ann": -0.025260377136714487, "alpha_t": -2.0485319727233438}, "corr_portfolio": 0.299599963722003, "corr_benchmark": 0.6101010975450186, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.006503864751356544, "alpha_t_5y": -0.6809236447622473, "alpha_t_full": 0.33475921967760874, "r2_5y": 0.9675044643236814, "alpha_pos_frac": 0.5086705202312138}, "trrkx": {"name": "T. Rowe Price Retirement 2045 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.05306400915352552, "ivv": 0.42778755259579015, "iwm": 0.10886672578141804, "efa": 0.19907747907841014, "vwo": 0.04598850647017713, "vnq": 0.012177363438219678, "bil": -1.0064269960859398, "shv": 1.8324753746769493, "ief": 0.5035394236727335, "tlt": 0.2051517786640889, "vblix": 0.11407774999082144, "agg": -1.993108583039446, "vweax": 0.03950662371021637, "vmbix": 0.430050807585165, "djp": -0.005065895075225648, "gsg": 0.001885710802604011, "gld": 0.023810265171322394, "fxe": 0.0391193937169803, "fxy": 0.003072885340272393, "shy": 0.2442853397136222, "lqd": 0.1885351484224073, "hyg": 0.15621427354951944, "pff": -0.09183461054747111, "emb": 0.02337538618481437, "tip": 0.01310806832970854, "vtv": -0.05795452472300348, "xlk": -0.02019492670891619, "xlf": -0.023000637333811733, "xle": 0.01576680137018365, "xlv": 0.04175461325485365, "xlp": -0.08298537673950876, "xlu": 0.013449142860223074, "xly": 0.03699513864987046, "xlb": 0.06436377095071223, "dbmf": 0.010724871758921072, "dbb": -0.006144639010160893}, "r2": 0.9301264202909272, "alpha_ann": -0.01600739864703908, "alpha_t": -0.7719400268164056}, "rec5": {"n": 1416, "betas": {"qqq": 0.055936134854615266, "ivv": 0.40977636800009487, "iwm": 0.09664417592634673, "efa": 0.1928163306623395, "vwo": 0.08346540897165479, "vnq": 0.021622062593742174, "bil": -0.03176397020711621, "shv": 0.6294854503020593, "ief": 0.01440479354475759, "tlt": 0.02403975029599855, "vblix": 0.10668049545778482, "agg": -0.11852416554840382, "vweax": 0.03994939041087852, "vmbix": 0.047496111083168965, "djp": -0.007787540277855489, "gsg": 0.006303084524347111, "gld": 0.01639616059823541, "fxe": 0.009420422967665347, "fxy": -0.016990581948371594, "shy": -0.03998399636644597, "lqd": 0.03412156006527408, "hyg": -0.0026610446568563137, "pff": -0.026050710192448076, "emb": -0.01836471808577392, "tip": 0.01401513869777782, "vtv": -0.004518915695979635, "xlk": 0.0014603993279612671, "xlf": 0.0031741935729558747, "xle": 0.007996308820103284, "xlv": 0.01656603307765774, "xlp": -0.004903847040436879, "xlu": -0.004372082681362754, "xly": -0.006326395377735931, "xlb": 0.027157207503355367, "dbmf": 0.008933052818287386, "dbb": -0.0017629370179684453}, "r2": 0.9704934444791617, "alpha_ann": -0.029707758188110167, "alpha_t": -2.092767573065544}, "corr_portfolio": 0.2983804012237256, "corr_benchmark": 0.5711957232581181, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.008128961956953345, "alpha_t_5y": -0.7459782577827264, "alpha_t_full": 0.1463617380931346, "r2_5y": 0.9691368223137136, "alpha_pos_frac": 0.5144508670520231}, "trrlx": {"name": "T. 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Rowe Price Retirement 2050 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.04814827481242692, "ivv": 0.4508647085261628, "iwm": 0.11093640723739341, "efa": 0.20196402591283208, "vwo": 0.04671468632627638, "vnq": 0.012107392846777266, "bil": -1.059539660985543, "shv": 1.9223812388718395, "ief": 0.49596229397577885, "tlt": 0.21149937051700776, "vblix": 0.10787684726640381, "agg": -2.0024858665923166, "vweax": 0.044974883029999656, "vmbix": 0.4232539720716677, "djp": -0.004615947940430586, "gsg": 0.0014057464781979058, "gld": 0.025902829153014967, "fxe": 0.04164629405880675, "fxy": -0.0009240527716815524, "shy": 0.2765721247973432, "lqd": 0.1879894914318849, "hyg": 0.1534929266470253, "pff": -0.09280908030974513, "emb": 0.021002583577065137, "tip": 0.0061320456070721, "vtv": -0.05602393250489403, "xlk": -0.021306086170573564, "xlf": -0.02679772799808348, "xle": 0.014124100555768397, "xlv": 0.04000656145057239, "xlp": -0.08824863774506808, "xlu": 0.0118563347496405, "xly": 0.0359505777771669, "xlb": 0.06495915724229312, "dbmf": 0.009697953663792131, "dbb": -0.005475338483579173}, "r2": 0.930901637688148, "alpha_ann": -0.017320819960094904, "alpha_t": -0.8304088935030313}, "rec5": {"n": 1416, "betas": {"qqq": 0.04859663131081701, "ivv": 0.4269155432843065, "iwm": 0.09611690115578286, "efa": 0.19697620453995676, "vwo": 0.08525134837807442, "vnq": 0.021972270104111596, "bil": 0.027695427441678012, "shv": 0.5902071533524518, "ief": 0.0004076313002013191, "tlt": 0.023108292476944296, "vblix": 0.09452722664783643, "agg": -0.12095320392951073, "vweax": 0.04847182138316578, "vmbix": 0.04047428120825292, "djp": -0.005989164692457888, "gsg": 0.004803444767658419, "gld": 0.017893629402767598, "fxe": 0.007640859333125106, "fxy": -0.0200779029524246, "shy": -0.00399628185297143, "lqd": 0.046061650319728184, "hyg": -0.0030258685913049886, "pff": -0.02481892701145187, "emb": -0.019812165696292166, "tip": 0.004960942017529057, "vtv": 0.002579450953899622, "xlk": 0.003797218459565162, "xlf": -0.0021882940575577137, "xle": 0.007147924859520863, "xlv": 0.016472574775194603, "xlp": -0.010520511924406012, "xlu": -0.005595054458195227, "xly": -0.005973905092847419, "xlb": 0.027853245700371385, "dbmf": 0.0079749097155516, "dbb": -0.0018264103339021426}, "r2": 0.9706374754146838, "alpha_ann": -0.03134208520719008, "alpha_t": -2.175065121405363}, "corr_portfolio": 0.29816081980592246, "corr_benchmark": 0.5705376126570693, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.01228290289286564, "alpha_t_5y": -1.110946979501089, "alpha_t_full": 0.8454919543614511, "r2_5y": 0.969398802467741, "alpha_pos_frac": 0.547085201793722}, "trrnx": {"name": "T. Rowe Price Retirement 2055 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.0505558692075227, "ivv": 0.45614488579835166, "iwm": 0.11234667830703167, "efa": 0.20502834742791198, "vwo": 0.045987777622683856, "vnq": 0.011663078725505005, "bil": -1.0449187971752818, "shv": 1.8277590509483026, "ief": 0.5034816307061448, "tlt": 0.2127707666019586, "vblix": 0.12107334281700832, "agg": -2.0128444314007563, "vweax": 0.03517925438661277, "vmbix": 0.4217378724617653, "djp": -0.005855923220935844, "gsg": 0.0016663137067636897, "gld": 0.025969763710947624, "fxe": 0.039545540562415736, "fxy": 0.002054350760880008, "shy": 0.28127913863384735, "lqd": 0.18440571406735665, "hyg": 0.1517976110194552, "pff": -0.09185460428954988, "emb": 0.02135957809682057, "tip": 0.011928432752883049, "vtv": -0.04968535110606448, "xlk": -0.023086333837546828, "xlf": -0.028821303730975356, "xle": 0.0136681457476442, "xlv": 0.03792892522704063, "xlp": -0.08883373237206386, "xlu": 0.010842268843162467, "xly": 0.03435774671420868, "xlb": 0.06346094445257174, "dbmf": 0.009914944086299282, "dbb": -0.005777125908744803}, "r2": 0.9308651880954556, "alpha_ann": -0.015264808871062158, "alpha_t": -0.729067115370568}, "rec5": {"n": 1416, "betas": {"qqq": 0.05253912955104986, "ivv": 0.43452074795641077, "iwm": 0.0972334780851904, "efa": 0.1995472721198188, "vwo": 0.08542564064389832, "vnq": 0.022426316549787436, "bil": 0.010947276033749257, "shv": 0.537130112433861, "ief": 0.007911896677423907, "tlt": 0.024117648793900975, "vblix": 0.11053545598757455, "agg": -0.14283355381605214, "vweax": 0.03508029850595421, "vmbix": 0.0433940203568843, "djp": -0.006988469177626001, "gsg": 0.0054264221793941, "gld": 0.018702757085269348, "fxe": 0.005085130495726547, "fxy": -0.01730803210576608, "shy": -0.0015019645070002978, "lqd": 0.04743676738036244, "hyg": -0.009043484104888842, "pff": -0.023931888941939265, "emb": -0.01893540710547752, "tip": 0.01179236361438303, "vtv": 0.009502006105751859, "xlk": 0.0012860186506480924, "xlf": -0.0045922081143918445, "xle": 0.006093304503657192, "xlv": 0.013748594568812555, "xlp": -0.009614779719724985, "xlu": -0.006754509007742507, "xly": -0.008684098175981356, "xlb": 0.02676088371517324, "dbmf": 0.007614790247648821, "dbb": -0.0027043027885520488}, "r2": 0.9706426401727721, "alpha_ann": -0.029032043213164566, "alpha_t": -2.0041139151090657}, "corr_portfolio": 0.2978277265690301, "corr_benchmark": 0.5711043901734617, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.012559792828289526, "alpha_t_5y": -1.1295635844563545, "alpha_t_full": 0.8287595937440662, "r2_5y": 0.9693823661864609, "alpha_pos_frac": 0.5560538116591929}, "trrox": {"name": "T. Rowe Price Target 2010 Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.024302088986024616, "ivv": 0.23244565344777293, "iwm": 0.04199750139807949, "efa": 0.05689385922783209, "vwo": 0.019755752621911236, "vnq": 0.007246993643427371, "bil": -0.3611461032778304, "shv": 0.17660800773546978, "ief": 0.25114261668479515, "tlt": 0.08558327493706826, "vblix": -0.04031428547288267, "agg": -0.587012379994484, "vweax": 0.1738954425103458, "vmbix": 0.13978218650113386, "djp": 0.00018627934748013665, "gsg": 0.0017407993835418989, "gld": 0.010325774103312346, "fxe": 0.01187146326591946, "fxy": 0.017319266579356393, "shy": 0.16475171733720237, "lqd": -0.012193073474523041, "hyg": 0.054799072263097354, "pff": -0.0034367975376912332, "emb": 0.0709374154865815, "tip": 0.05358880167806068, "vtv": -0.02201263659071901, "xlk": -0.01679633334859577, "xlf": -0.021013749914987577, "xle": 0.006782791667875227, "xlv": 0.002430682496841312, "xlp": -0.03357511651897886, "xlu": 0.005674783385010983, "xly": 0.008118023247106145, "xlb": 0.020712643586039567, "dbmf": -0.0008979385906628451, "dbb": 4.098560940763059e-05}, "r2": 0.9015893938179431, "alpha_ann": 0.01342364384645047, "alpha_t": 1.2752336154942454}, "rec5": {"n": 1416, "betas": {"qqq": 0.006549873301446435, "ivv": 0.17273398296725573, "iwm": 0.03269716224512912, "efa": 0.06654524541847767, "vwo": 0.03153473438457295, "vnq": 0.0052972587821106774, "bil": -0.020161212907365243, "shv": 0.25205285406163935, "ief": 0.11142780858275612, "tlt": 0.008611547431078684, "vblix": 0.003411777757940221, "agg": -0.00031949107648764264, "vweax": 0.13980057574971602, "vmbix": 0.07160620838891778, "djp": -0.0004917959131269607, "gsg": 0.0028078342584788207, "gld": 0.00619082986207575, "fxe": -0.0008455573377641547, "fxy": 0.002693008618516572, "shy": -0.019780700860467588, "lqd": 0.014576046221800152, "hyg": -0.04746191570621948, "pff": -0.013096638499187125, "emb": 0.023835277721007107, "tip": 0.07918169033314847, "vtv": 0.000891086688744395, "xlk": -0.0031496091032504293, "xlf": 0.0049255956815505335, "xle": 0.0008382130496070859, "xlv": -0.004343408841041661, "xlp": 0.0008163488153833453, "xlu": -0.002132132732679904, "xly": -0.0024250668730924976, "xlb": 0.007903454904824898, "dbmf": 0.010111042237525483, "dbb": 0.0010238246038217769}, "r2": 0.9580491094637994, "alpha_ann": -0.0058803191983851635, "alpha_t": -0.82285995190775}, "corr_portfolio": 0.2852016210940783, "corr_benchmark": 0.719234837672153, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.0028166444492443445, "alpha_t_5y": 0.4883824726517198, "alpha_t_full": 0.5896101006632796, "r2_5y": 0.951535141998364, "alpha_pos_frac": 0.52}, "trrtx": {"name": "T. 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Rowe Price U.S. Large-Cap Core Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": -0.08283925307303758, "ivv": 0.9771209527132161, "iwm": -0.0152220010494748, "efa": 0.021791302557010943, "vwo": -0.014344086567487362, "vnq": -0.005864518496921326, "bil": 0.4255195461376996, "shv": -0.19325464158537564, "ief": -0.04304644114088555, "tlt": 0.041130826652796305, "vblix": 0.07935856671932633, "agg": -0.07858924127632337, "vweax": -0.05594561298352086, "vmbix": -0.06468045568924423, "djp": -0.01028377098247071, "gsg": 0.013147847077714197, "gld": -0.0029071746572743085, "fxe": -0.011438190055186974, "fxy": -0.02087405981589441, "shy": 0.2798910367944568, "lqd": -0.00692597198764252, "hyg": -0.0069774122538206135, "pff": 0.02522130855695918, "emb": 0.00550785168782386, "tip": 0.03716924581777726, "vtv": -0.09105924729588279, "xlk": 0.03872678789889297, "xlf": 0.029292539574707142, "xle": -0.01619052860171933, "xlv": 0.061009953385783654, "xlp": 0.04167964948006644, "xlu": 0.006470225608061823, "xly": -0.02529413722679956, "xlb": 0.04051733617101996, "dbmf": -0.0014801779734586532, "dbb": -0.0042935681827329444}, "r2": 0.9783481095226908, "alpha_ann": -0.012569604215367552, "alpha_t": -0.9807501907318508}, "rec5": {"n": 1416, "betas": {"qqq": -0.09115115398567394, "ivv": 1.06926501648081, "iwm": -0.007241147199695072, "efa": 0.009255708641390433, "vwo": -0.018108351556961912, "vnq": -0.010770336904120542, "bil": 0.45831382262643156, "shv": 0.10130610605842355, "ief": 0.03309041151883999, "tlt": 0.03435061110761145, "vblix": 0.2214418822450197, "agg": -0.10390839481034399, "vweax": -0.13512515194315727, "vmbix": 0.029818766081364304, "djp": -0.015355921270094813, "gsg": 0.017599565203879296, "gld": -0.0014060509958768843, "fxe": -0.014212185323853837, "fxy": -0.019388489258397305, "shy": -0.0323812956715322, "lqd": -0.04395918751621973, "hyg": 0.08105569179308526, "pff": -0.028473990635672235, "emb": -0.010196296337071904, "tip": -0.012944962134289901, "vtv": -0.05997933357741198, "xlk": 0.01958990926864885, "xlf": 0.011945774109732044, "xle": -0.024732228580975787, "xlv": 0.038208137843641785, "xlp": 0.05619155155063903, "xlu": 0.00426363619306135, "xly": -0.046519172096311054, "xlb": 0.045863952999994975, "dbmf": -0.009220399961665769, "dbb": -0.001262631754673383}, "r2": 0.9692648950018485, "alpha_ann": -0.017516699787779307, "alpha_t": -1.1406757539603778}, "corr_portfolio": 0.2862033297916868, "corr_benchmark": 0.612235786722797, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.003332001211170131, "alpha_t_5y": -0.266754156644365, "alpha_t_full": 0.20061136917333225, "r2_5y": 0.9638382090517676, "alpha_pos_frac": 0.48}, "trvlx": {"name": "T. Rowe Price Value Fund, Inc.", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.03715078865908655, "ivv": 0.08905178318743145, "iwm": 0.04960548512394613, "efa": 0.04287775360432789, "vwo": 0.013308603226404269, "vnq": 0.007197350502824941, "bil": 0.07726778959360686, "shv": 0.2325077014939245, "ief": -0.10425832436668013, "tlt": -0.007935481001812522, "vblix": -0.00095438038377118, "agg": 0.08721808895597287, "vweax": -0.01680834530049559, "vmbix": -0.10978638428906197, "djp": 0.01024462982051648, "gsg": -0.005219348429574349, "gld": -0.005713206905924754, "fxe": -0.023570061794856573, "fxy": -0.02551026971798901, "shy": 0.15745551419771245, "lqd": 0.02985626191193084, "hyg": -0.007889751906882079, "pff": 0.029897566705185737, "emb": 0.005640108288176094, "tip": 0.04804303269406646, "vtv": 0.43014605419326263, "xlk": -0.00744166251389581, "xlf": 0.10079118789851559, "xle": 0.019203655043485302, "xlv": 0.08791574243405519, "xlp": 0.023720458326714287, "xlu": 0.04366005089985278, "xly": -0.007839786912934299, "xlb": 0.06812800099074681, "dbb": -0.010364067904275381}, "r2": 0.9637161449838721, "alpha_ann": -0.005348539717318711, "alpha_t": -0.5897478688669406}, "rec5": {"n": 1416, "betas": {"qqq": 0.032886548252997305, "ivv": 0.16753545550037363, "iwm": 0.0730712334389183, "efa": 0.03881313775796652, "vwo": 0.006700734333496263, "vnq": 0.006338172968931647, "bil": 0.47060299164500974, "shv": 0.2635081741654469, "ief": 0.0287340818465455, "tlt": 0.019253015542644487, "vblix": 0.08020862536089562, "agg": -0.04267457908502249, "vweax": -0.031236402189082555, "vmbix": -0.061292950669354196, "djp": 0.002035806505789144, "gsg": 0.008791139638519237, "gld": -0.003111225069084363, "fxe": -0.028087757989897846, "fxy": -0.01386540042486267, "shy": -0.014724748600814736, "lqd": 0.03051801948200448, "hyg": -0.05426482819477018, "pff": -0.03741925509437932, "emb": -0.016759054112555325, "tip": 0.0323863900795904, "vtv": 0.5028767869842813, "xlk": -0.04233387489678659, "xlf": 0.08397144515497218, "xle": 0.0036044658551128497, "xlv": 0.04960063021178556, "xlp": 0.04726299519218188, "xlu": 0.019087396388872083, "xly": -0.01886465584647208, "xlb": 0.04376005264326134, "dbb": -0.009216733834504498}, "r2": 0.9356214743280007, "alpha_ann": -0.018753476942201152, "alpha_t": -0.9407563818393884}, "corr_portfolio": 0.37788207395631823, "corr_benchmark": 0.5409339904373314, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.020406853531374496, "alpha_t_5y": 1.0672640523682002, "alpha_t_full": 1.3155812713646973, "r2_5y": 0.8947591114541176, "alpha_pos_frac": 0.4793388429752066}, "trzix": {"name": "T. Rowe Price Small-Cap Index Fund", "local": false, "alpha_name": false, "full": {"n": 1575, "betas": {"qqq": -0.01647105598356219, "ivv": 0.006823238060568948, "iwm": 1.0015815539982413, "efa": 0.0028903905200200987, "vwo": -0.006076328994549073, "vnq": 0.005364194327025306, "bil": 0.1913251354659061, "shv": 0.14190807165365055, "ief": -0.04310146621801811, "tlt": 0.032046875832232716, "vblix": 0.056582781352628786, "agg": -0.07956410292081983, "vweax": 0.0055979150896033275, "vmbix": 0.040503426301699105, "djp": -0.007773048840990111, "gsg": 0.00462241468550327, "gld": 0.008014453609339254, "fxe": 0.003509817123820524, "fxy": -0.0140819495618558, "shy": 0.07416487419992138, "lqd": -0.0004781053974982048, "hyg": 0.01605273169887796, "pff": -0.009333275671841794, "emb": -0.0004368464633531292, "tip": -0.01862018461915423, "vtv": -0.010756987435709013, "xlk": 0.017265674932451007, "xlf": -0.006395264442861527, "xle": 0.005110136649568361, "xlv": -0.006761798723387111, "xlp": -0.0018491848450124463, "xlu": -0.0075375044724483595, "xly": 0.0013026532376892962, "xlb": 0.0013868240753422897, "dbmf": -0.005523741451664361, "dbb": -0.002067206535771693}, "r2": 0.9945458402530994, "alpha_ann": -0.007991402269912417, "alpha_t": -0.9129289921574745}, "rec5": {"n": 1416, "betas": {"qqq": -0.023536486582937555, "ivv": 0.02871482318773343, "iwm": 1.0011251538022432, "efa": -0.0017423406300796367, "vwo": -0.005183693870745971, "vnq": 0.006149047626970923, "bil": 0.17825552427215605, "shv": 0.1483488152942603, "ief": -0.039692693456638346, "tlt": 0.0340282244233808, "vblix": 0.07236743578012957, "agg": -0.08383492221644831, "vweax": 0.007965143145992391, "vmbix": 0.03898998558784843, "djp": -0.008219404493622339, "gsg": 0.0063772683600422, "gld": 0.009346919584743709, "fxe": 0.00022299731936149648, "fxy": -0.013360170889840376, "shy": 0.08452212573301286, "lqd": -0.007097508777457658, "hyg": 0.018047335497549645, "pff": -0.007872878019935897, "emb": 0.0026808181243277796, "tip": -0.025272213570214513, "vtv": -0.00529805736240098, "xlk": 0.012648082906673148, "xlf": -0.011148915426691977, "xle": 0.002797780897780668, "xlv": -0.010664442435297879, "xlp": -0.0038742090601421118, "xlu": -0.009899897203005084, "xly": 0.001865961116137762, "xlb": 0.000889674091294871, "dbmf": -0.006875001192178463, "dbb": -0.0033229873383707788}, "r2": 0.9940989534935931, "alpha_ann": -0.009292015299344814, "alpha_t": -0.9508034298357012}, "corr_portfolio": 0.14804798480358977, "corr_benchmark": 0.5677063820099201, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.0024425270914342112, "alpha_t_5y": 0.3261218166405895, "alpha_t_full": 0.35708335296757704, "r2_5y": 0.9937932502080089, "alpha_pos_frac": 0.4782608695652174}, "tsbax": {"name": "T. Rowe Price Retirement Blend 2020 Fund", "local": false, "alpha_name": false, "full": {"n": 1275, "betas": {"qqq": 0.04623130104404745, "ivv": 0.22090413123981062, "iwm": 0.048239279581822433, "efa": 0.10275953048347966, "vwo": 0.037374669761360606, "vnq": 0.008028478740091645, "bil": 0.10182202518965765, "shv": 0.21213188858390863, "ief": 0.03986811036493109, "tlt": 0.03251500048324219, "vblix": 0.0945918559942184, "agg": -0.049713843932676645, "vweax": 0.0846209716857057, "vmbix": 0.10170216767260974, "djp": -0.0032189240522736457, "gsg": 0.002880445470881261, "gld": 0.00606950061743352, "fxe": 0.013641346283301412, "fxy": -0.0008263099912697605, "shy": 0.03234591091386027, "lqd": 0.009493107523681045, "hyg": -0.03026499820884882, "pff": -0.003132926608956346, "emb": 0.014669882650434138, "tip": 0.05589106374182805, "vtv": 0.002535387924784518, "xlk": -0.009045465096128856, "xlf": 0.010050997943955208, "xle": 0.004548950336424668, "xlv": 0.003977457061312449, "xlp": -0.006007235626533062, "xlu": 0.0035695845103727425, "xly": -0.004804993891917353, "xlb": 0.01555714227172204, "dbmf": 0.008743792480092584, "dbb": 0.0015851458910698078}, "r2": 0.9762122862905241, "alpha_ann": -0.012845145030795433, "alpha_t": -1.5244194685947858}, "rec5": {"n": 1275, "betas": {"qqq": 0.04623130104404745, "ivv": 0.22090413123981062, "iwm": 0.048239279581822433, "efa": 0.10275953048347966, "vwo": 0.037374669761360606, "vnq": 0.008028478740091645, "bil": 0.10182202518965765, "shv": 0.21213188858390863, "ief": 0.03986811036493109, "tlt": 0.03251500048324219, "vblix": 0.0945918559942184, "agg": -0.049713843932676645, "vweax": 0.0846209716857057, "vmbix": 0.10170216767260974, "djp": -0.0032189240522736457, "gsg": 0.002880445470881261, "gld": 0.00606950061743352, "fxe": 0.013641346283301412, "fxy": -0.0008263099912697605, "shy": 0.03234591091386027, "lqd": 0.009493107523681045, "hyg": -0.03026499820884882, "pff": -0.003132926608956346, "emb": 0.014669882650434138, "tip": 0.05589106374182805, "vtv": 0.002535387924784518, "xlk": -0.009045465096128856, "xlf": 0.010050997943955208, "xle": 0.004548950336424668, "xlv": 0.003977457061312449, "xlp": -0.006007235626533062, "xlu": 0.0035695845103727425, "xly": -0.004804993891917353, "xlb": 0.01555714227172204, "dbmf": 0.008743792480092584, "dbb": 0.0015851458910698078}, "r2": 0.9762122862905241, "alpha_ann": -0.012845145030795433, "alpha_t": -1.5244194685947858}, "corr_portfolio": 0.10754332722181416, "corr_benchmark": 0.7945064432509238, "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": -0.0027408521604786397, "alpha_t_5y": -0.43407841123629654, "alpha_t_full": -0.43407841123629654, "r2_5y": 0.9738108082764417, "alpha_pos_frac": 0.6}, "tsbpx": {"name": "Nuveen Core Impact Bond Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.0012040924740123644, "ivv": 0.002179812001461119, "iwm": 0.003886561559629135, "efa": -0.009115219927742484, "vwo": -0.004476462089989329, "vnq": 0.006434404548110622, "shv": 0.0014475998508551291, "ief": 0.10731617809871981, "tlt": 0.1255972952589097, "vblix": 0.08990244636102208, "agg": 0.059825995928624136, "vweax": 0.10130993825061499, "vmbix": 0.08908523593175964, "djp": -0.007461042702798565, "gsg": 0.0015072751668113835, "gld": 0.00750121472560266, "fxe": 0.007177118855707387, "fxy": 0.03340971174649036, "shy": 0.028528185467512734, "lqd": 0.0393199437147361, "hyg": 0.030851395398083743, "pff": 0.004336111735190437, "emb": 0.011361408994543323, "tip": 0.03580152050704886, "vtv": 0.007813923590331574, "xlk": -0.006476705651202048, "xlf": -0.012506324881145062, "xle": -0.004906262565494526, "xlv": 0.004659932553272145, "xlp": -0.00022930564590265787, "xlu": 0.005743195319587859, "xly": 0.001623796824388465, "xlb": -0.003967137830465747, "dbmf": -0.017428764873743122, "dbb": 0.005262632592789691}, "r2": 0.8964652530632198, "alpha_ann": 0.008879299701547726, "alpha_t": 1.4670831458649802}, "rec5": {"n": 1416, "betas": {"qqq": -0.004071156119274534, "ivv": -0.00273670492697253, "iwm": 0.004090705605022459, "efa": -0.0009163460138714187, "vwo": -0.002423331268345216, "vnq": 0.004854465731002231, "shv": 0.0014542492919865052, "ief": 0.097449622786153, "tlt": 0.12201182081496076, "vblix": 0.0508497563610451, "agg": 0.068189969287572, "vweax": 0.06634322108502586, "vmbix": 0.08385947443020367, "djp": -0.0014519756630318127, "gsg": -0.002646204916600298, "gld": 0.010446745748648949, "fxe": 0.0037105288829968664, "fxy": 0.020335016465715693, "shy": 0.027625502522019653, "lqd": 0.06255531422099773, "hyg": 0.01535696623347002, "pff": 0.01636104132784574, "emb": 0.02875771999098557, "tip": 0.05616533594895306, "vtv": 0.0029087620562076788, "xlk": -0.0055637180744768245, "xlf": -0.006103776444530108, "xle": -0.004962519679723607, "xlv": 0.0004232316890074599, "xlp": -0.003920690790672554, "xlu": 0.0018614880606198016, "xly": 0.004947716365571696, "xlb": -0.0049845454314700645, "dbmf": -0.017502089670298294, "dbb": 0.0010742129528755946}, "r2": 0.9183084397106168, "alpha_ann": 0.0018058546521012566, "alpha_t": 0.2782978700328806}, "corr_portfolio": -0.08436424084916484, "corr_benchmark": 0.686817447574109, "verdict": "sleeve mix (R\u00b2 high) - 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Rowe Price Short Duration Income Fund", "local": false, "alpha_name": false, "full": {"n": 1432, "betas": {"qqq": -0.0005681149059372087, "ivv": 0.021041856688040705, "iwm": -0.005652555498437108, "efa": -0.006514580048819755, "vwo": 0.004252203533357128, "vnq": -0.000360277086070838, "bil": -0.08766337565575401, "shv": 0.16202282743359306, "ief": 0.025905612629439963, "tlt": 0.01662289057410319, "vblix": 0.269114566507813, "agg": 0.0654720840249856, "vweax": 0.13430464967729536, "vmbix": -0.0064688288214352924, "djp": -0.001195678520712735, "gsg": 0.0024466856821609368, "gld": -0.0012099446369623359, "fxe": 0.0018688101620145832, "fxy": 0.0010574056006563111, "shy": 0.6876321717202741, "lqd": -0.10385301998541782, "hyg": -0.028473454094448458, "pff": -0.005070183736832324, "emb": -0.012306917703118953, "tip": 0.00223630645300205, "vtv": 0.008727645728097425, "xlk": -0.0024855692285228894, "xlf": 0.0015366813462332233, "xle": -0.0007701863270065872, "xlv": 0.0010084144653074816, "xlp": 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(R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.03689533163448715, "alpha_t_5y": 1.1667319441134392, "alpha_t_full": 1.3940836157278036, "r2_5y": 0.8678117259776358, "alpha_pos_frac": 0.4396551724137931}, "udbpx": {"name": "UBS Sustainable Development Bank Bond Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 0.015068822288202194, "ivv": -0.005103458587645406, "iwm": 0.0019436840665572252, "efa": -0.0025571727153125123, "vwo": 6.900935561444959e-05, "vnq": 0.007478408630039942, "bil": -0.06715782118085857, "shv": -0.09966986316684122, "ief": 0.5320977376471194, "tlt": -0.028784205611143723, "vblix": 0.04265034842106108, "agg": 0.020599714016248227, "vweax": -0.0022853818290025666, "vmbix": 0.018261556551487874, "djp": -0.0018104952877603375, "gsg": 0.0030077218824257814, "gld": 0.003201985708594649, "fxe": -0.0013410801538755205, "fxy": 0.004283437088163999, "shy": 0.4925387314363652, "lqd": -0.018839386345733795, "hyg": -0.0012715685290460741, 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Tax-Exempt Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": -0.015499899938752762, "ivv": -0.018772988654178317, "iwm": -0.007795324425601958, "efa": -0.029233036485057404, "vwo": 0.012130872788559021, "vnq": 0.018465431189901606, "bil": -0.13411916157979206, "shv": 0.2801964240733091, "ief": 0.039726133352344525, "tlt": -0.0011638532995791168, "vblix": 0.21175507881209132, "agg": 0.12979001039333485, "vweax": 0.17230094238128696, "vmbix": -0.03834351476547514, "djp": -0.002035521221875775, "gsg": -0.0034559953298613005, "gld": 0.00360592219670198, "fxe": 0.014249284378806907, "fxy": 0.022144544821658157, "shy": -0.05327398872249677, "lqd": 0.07668701371861401, "hyg": -0.031242178593459576, "pff": 0.02891894523424815, "emb": -0.04367966398429439, "tip": -0.04451512665289901, "vtv": 0.06465668788840964, "xlk": 0.016986409476636745, "xlf": -0.03359267974106563, "xle": -0.005924767854362316, "xlv": -0.0010460614209354038, "xlp": 0.0053225674619370635, 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Stock Fund", "local": false, "alpha_name": false, "full": {"n": 1737, "betas": {"qqq": -0.11615022990129704, "ivv": 0.11024410823921829, "iwm": -0.018355640482826615, "efa": 0.5876785272033381, "vwo": 0.2494566343908703, "vnq": -0.033738029764900666, "bil": -1.0495978740241678, "shv": 1.250843271283144, "ief": 0.15693904182996934, "tlt": -0.05490118768512684, "vblix": 0.02559770754720966, "agg": -0.228794081308676, "vweax": 0.08738727855759297, "vmbix": 0.04932417699883952, "djp": 0.0098167304206784, "gsg": -0.0070411889401333595, "gld": 0.021287470227300896, "fxe": 0.08449357199355238, "fxy": -0.0041687984259109355, "shy": -0.2533017557062083, "lqd": 0.0632983092993495, "hyg": -0.11442718052536063, "pff": 0.03581912292356401, "emb": 0.03133531865884526, "tip": 0.06408983462652272, "vtv": 0.2717749432112537, "xlk": 0.048604311031970555, "xlf": -0.053628748915189386, "xle": 0.0023173430820831752, "xlv": -0.06374291387613232, "xlp": -0.07935789281653984, "xlu": -0.02174917198473901, 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mix (R\u00b2 high) - not alpha-driven", "alpha_ann_5y": 0.03829460524763474, "alpha_t_5y": 1.959634293543853, "alpha_t_full": 1.3537145107190458, "r2_5y": 0.8652550131694539, "alpha_pos_frac": 0.5228758169934641}, "wefix": {"name": "Short Duration Income Fund", "local": false, "alpha_name": false, "full": {"n": 3747, "betas": {"qqq": 0.00010739272992378243, "ivv": 0.017397881189124692, "iwm": 0.005165545698801756, "efa": -0.00421255288224865, "vwo": 0.0026403932472578743, "vnq": 0.009824754482594867, "bil": 0.11196659754731542, "shv": -0.14137719875436883, "ief": 0.13555368206819515, "tlt": -0.012775049690866635, "vblix": 0.1245111495540218, "agg": 0.03970102496775731, "vweax": 0.06559763616538972, "vmbix": -0.033826537216068424, "djp": -0.0013478687541681046, "gsg": -0.00012887071048214198, "gld": 0.0005775811395500915, "fxe": 0.0032621748614365367, "fxy": 0.007683794117194057, "shy": 0.2732357961356143, "lqd": -0.03741877172696965, "hyg": 0.0064965335603818465, "pff": 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0.013351243764916245, "hyg": 0.0669361055381046, "pff": 0.01997500676502213, "emb": 0.048324423887000124, "tip": 0.013680097806195116, "vtv": -0.11238187829511972, "xlk": 0.03019719900828355, "xlf": 0.2370273542615677, "xle": -0.03618461656956627, "xlv": 0.12253959057161445, "xlp": 0.15497764426476493, "xlu": -0.03323821404729565, "xly": 0.13412311521144799, "xlb": 0.06707940348813575, "dbmf": -0.03048563694106044, "dbb": -0.01691057056010463}, "r2": 0.8377110649366921, "alpha_ann": -0.04313379019408471, "alpha_t": -1.3027408553626756}, "corr_portfolio": 0.23571000894971192, "corr_benchmark": 0.5913815162830864, "verdict": "weak/unstable alpha", "alpha_ann_5y": -0.045537978610799786, "alpha_t_5y": -1.3556440509267234, "alpha_t_full": -0.8570737438197407, "r2_5y": 0.7817238870211977, "alpha_pos_frac": 0.569620253164557}, "zvgix": {"name": "Zevenbergen Genea Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 1.6466507346774766, "ivv": -0.9389573894704502, "iwm": 0.5840292959227271, "efa": -0.12131341620985082, "vwo": 0.1093689146768147, "vnq": 0.07554416846677045, "bil": 1.1957260950098865, "shv": -1.253816734347319, "ief": 0.09410813416096131, "tlt": -0.010445310650051479, "vblix": -0.015400398139214537, "agg": 0.13028081306203723, "vweax": 0.16679059321040385, "vmbix": -0.19121923778076577, "djp": -0.02051315504621416, "gsg": 0.06507927388264877, "gld": 0.008071239368049916, "fxe": 0.013554596862185178, "fxy": 0.05783224153258823, "shy": -0.6656598538304915, "lqd": 0.030827025881614813, "hyg": 0.08160878721933983, "pff": 0.06151665212751683, "emb": -0.0492675504879099, "tip": 0.0067211403805322815, "vtv": -2.0000681709291324, "xlk": -0.05160690398153338, "xlf": 0.48609757637586154, "xle": 0.06728291805695696, "xlv": 0.37853899794685486, "xlp": -0.08845396318353085, "xlu": 0.13372188805843563, "xly": 0.43980714853504604, "xlb": 0.13120162418224998, "dbmf": -0.027871791680150776, "dbb": -0.001300157174666583}, "r2": 0.8456567538635535, "alpha_ann": 0.016489093395180534, "alpha_t": 0.23006819485013116}, "rec5": {"n": 1416, "betas": {"qqq": 1.7363188238366507, "ivv": -1.1903892718397955, "iwm": 0.5648919049250483, "efa": -0.16102299464878558, "vwo": 0.14567165809373062, "vnq": 0.13324411089062677, "bil": 2.8784246774535225, "shv": -1.8426344682637972, "ief": 0.21887143947257595, "tlt": 0.06629788301428974, "vblix": 0.46177641249377427, "agg": 0.049654925626871, "vweax": 0.005499552321468661, "vmbix": -0.3166715607795019, "djp": -0.09379822923994195, "gsg": 0.10013707917877442, "gld": 0.01838134673956533, "fxe": 0.053348837089238724, "fxy": 0.03265745861486615, "shy": -0.21618726482630488, "lqd": -0.41667098166591565, "hyg": 0.2027915369324691, "pff": 0.12319177277429336, "emb": 0.050205988489191826, "tip": 0.06073050803508592, "vtv": -2.129700358926958, "xlk": -0.00635556366265889, "xlf": 0.6814771146243495, "xle": 0.14300227980340804, "xlv": 0.4333576996043795, "xlp": -0.11763095082663336, "xlu": 0.12217979013243155, "xly": 0.44153600163843565, "xlb": 0.09530188428837036, "dbmf": -0.07926774835226302, "dbb": 0.021583661124018577}, "r2": 0.8592006823422971, "alpha_ann": -0.05302799980562859, "alpha_t": -0.6426131742206904}, "corr_portfolio": -0.050814323870191205, "corr_benchmark": 0.5509851035735001, "verdict": "weak/unstable alpha", "alpha_ann_5y": -0.10337361442114261, "alpha_t_5y": -1.403674871336429, "alpha_t_full": -0.6444000353941024, "r2_5y": 0.801100098123646, "alpha_pos_frac": 0.49206349206349204}, "zvnix": {"name": "Zevenbergen Growth Fund", "local": false, "alpha_name": false, "full": {"n": 1833, "betas": {"qqq": 1.5628203140127541, "ivv": -0.6701487716178844, "iwm": 0.5612223529658015, "efa": -0.036120006353663206, "vwo": 0.0986450190103351, "vnq": 0.05355559580100219, "bil": 1.5770708629557266, "shv": -1.9092973735020506, "ief": 0.038517159815291746, "tlt": 0.04414247467876654, "vblix": 0.12014685718487952, "agg": 0.23852150076161574, "vweax": 0.05518926084931287, "vmbix": -0.30673212495775065, "djp": -0.03555321976876892, "gsg": 0.05755165854328885, "gld": 0.0029060091005999556, "fxe": -0.0012390435523773756, "fxy": 0.04929956438884416, "shy": -0.25734530480898576, "lqd": -0.08210989146750286, "hyg": 0.11194163311162361, "pff": 0.04511455812654204, "emb": -0.08179655255483813, "tip": 0.05380300735829194, "vtv": -1.7722966745074638, "xlk": -0.14400853657040563, "xlf": 0.3826231961030078, "xle": 0.03839305563870305, "xlv": 0.36519577329364183, "xlp": -0.06123397659138574, "xlu": 0.12117902695418246, "xly": 0.328042084625696, "xlb": 0.08906712780060683, "dbmf": -0.03331912559228409, "dbb": 0.004639282149679513}, "r2": 0.8618252613617066, "alpha_ann": -0.006553199295296439, "alpha_t": -0.10524445093014057}, "rec5": {"n": 1416, "betas": {"qqq": 1.6765219522706862, "ivv": -0.7813327973742269, "iwm": 0.5443360823734688, "efa": -0.0605024949416643, "vwo": 0.1325994148778376, "vnq": 0.1022616785677561, "bil": 3.308686199119759, "shv": -2.9976085078346086, "ief": 0.11081843646179737, "tlt": 0.05281356571620271, "vblix": 0.4829422197040097, "agg": 0.29679734207765035, "vweax": -0.04379598296846597, "vmbix": -0.40620215157134626, "djp": -0.09168024024276912, "gsg": 0.09020797477456745, "gld": 0.003841883528539139, "fxe": 0.010106728092042447, "fxy": 0.027054275348438725, "shy": 0.01874194901384759, "lqd": -0.3442345531947321, "hyg": 0.2543339376947814, "pff": 0.10394256340864884, "emb": -0.030959155030303488, "tip": 0.00685328313706427, "vtv": -1.8189115419099975, "xlk": -0.19158214797652762, "xlf": 0.4816742409604826, "xle": 0.08817543845884998, "xlv": 0.37228731591707626, "xlp": -0.1101095257682015, "xlu": 0.114005190652935, "xly": 0.30589644430111396, "xlb": 0.0820439295284979, "dbmf": -0.08810004108276204, "dbb": 0.022397253443252968}, "r2": 0.8691970576733954, "alpha_ann": -0.06337914162687383, "alpha_t": -0.8671115561184224}, "corr_portfolio": -0.05411552962558509, "corr_benchmark": 0.5648850487773036, "verdict": "weak/unstable alpha", "alpha_ann_5y": -0.13334176115034535, "alpha_t_5y": -2.045928090319022, "alpha_t_full": -1.4400743404602045, "r2_5y": 0.8152653161741388, "alpha_pos_frac": 0.5238095238095238}}
\ No newline at end of file
diff --git a/fundlab/factors.py b/fundlab/factors.py
index cac8184..22128b8 100644
--- a/fundlab/factors.py
+++ b/fundlab/factors.py
@@ -69,33 +69,20 @@ SLEEVES_V2 = list(dict.fromkeys(BROAD_SLEEVES + EXTRA_SLEEVES))
 # short-rate exposure as huge offsetting shv/bil coefficients (shv +64 /
 # bil -54) - shv (1-3m) alone carries the cash/ultra-short axis, shy
 # keeps the 1-3y axis.
-DROP_FROM_REGRESSION = {"vea", "vug", "finux", "bil"}
+DROP_FROM_REGRESSION = {"vea", "vug", "finux", "bil", "shv"}
+# (bil/shv are the risk-free sleeves - alphas are now computed in
+# excess of the T-bill rate, where they are ~0 columns; the cash
+# position shows up in the residual / the virtual CASH axis instead)
 DRIVERS = [s for s in SLEEVES_V2 if s not in DROP_FROM_REGRESSION]
 
 # clustering/display basis = the regression sleeves + a virtual CASH axis.
-# A cash fund's yield is a near-constant in return space, so OLS puts it in
-# the INTERCEPT (alpha_ann), not in any beta - BIL/SHV betas only measure
-# the fund's response to rate CHANGES. The CASH axis makes the yield
-# capture an explicit driver: alpha_ann normalized by the recent cash
-# yield (shv trailing 1y total return = the local stand-in for the
-# 13-week T-bill / 0-3m Treasury index, SIXM-style).
+# Alphas are computed in EXCESS of the T-bill rate (decompose.excess), so
+# the beta vector is the fund's NET INVESTED mix and the leftover
+# (1 - sum of betas) is its cash/T-bill position: a pure money-market
+# fund has all betas ~ 0 -> CASH ~ 1, a levered fund -> CASH < 0.
 AXES = DRIVERS + ["cash"]
 
 
-@lru_cache(maxsize=1)
-def cash_yield() -> float:
-    """Recent cash level: shv trailing 1y total return (fallback sgov,
-    then bil). ~3.7% in the current regime."""
-    for s in ("shv", "sgov", "bil"):
-        a = decompose.adj_close(s)
-        if a is None:
-            continue
-        year_ago = a[a.index <= a.index[-1] - pd.Timedelta(days=365)]
-        if len(year_ago) >= 1 and year_ago.iloc[-1] > 0:
-            return float(a.iloc[-1] / year_ago.iloc[-1] - 1.0)
-    return 0.03
-
-
 def _resid(y: pd.Series, X: pd.DataFrame) -> pd.Series:
     m = y.notna() & X.notna().all(axis=1)
     Xa = np.column_stack([np.ones(m.sum())] + [X[c][m].to_numpy()
@@ -116,6 +103,7 @@ def _panel() -> pd.DataFrame:
     log(f"building driver panel ({len(DRIVERS)} axes)")
     p = decompose.returns_panel(SLEEVES_V2).sort_index()
     p = p[~p.index.duplicated(keep="last")][DRIVERS]
+    p = decompose.excess(p)   # alphas are in excess of the T-bill rate
     # pure vol axis: vblix residualized on the core equity/duration axes
     core = [c for c in ("ivv", "tlt") if c in p.columns]
     if "vblix" in p.columns and core:
@@ -165,11 +153,16 @@ def _beta_window(y: pd.Series, X: pd.DataFrame, start: str) -> dict | None:
     }
 
 
-def factor_screen(sym: str, start: str = "1990-01-01") -> dict | None:
+def factor_screen(sym: str, start: str = None) -> dict | None:
+    if start is None:
+        start = decompose.FULL_WINDOW
     fund = decompose.adj_close(sym)
     if fund is None or len(fund) < 250:
         return None
     y = fund.pct_change().dropna()
+    rf = decompose.rf_series()
+    if rf is not None:
+        y = y.sub(rf.reindex(y.index).fillna(0.0))
     X = _panel().reindex(y.index)
     # sleeves must have history for most of the fund's window
     avail = [c for c in X.columns if X[c].notna().mean() > 0.3]
diff --git a/fundlab/factors_run.log b/fundlab/factors_run.log
new file mode 100644
index 0000000..fb60e98
--- /dev/null
+++ b/fundlab/factors_run.log
@@ -0,0 +1,14 @@
+15:03:47 factor screen: 2384 funds, 2384 to do
+15:03:47 building driver panel (34 axes)
+15:03:55   200/2384
+15:04:02   400/2384
+15:04:10   600/2384
+15:04:18   800/2384
+15:04:30   1000/2384
+15:04:43   1200/2384
+15:04:52   1400/2384
+15:04:59   1600/2384
+15:05:07   1800/2384
+15:05:14   2000/2384
+15:05:21   2200/2384
+15:05:28 factor screen done: 2384 funds -> factor_results.json
diff --git a/fundlab/overnight.pid b/fundlab/overnight.pid
new file mode 100644
index 0000000..e9906f3
--- /dev/null
+++ b/fundlab/overnight.pid
@@ -0,0 +1 @@
+5847
\ No newline at end of file
diff --git a/fundlab/overnight_rescreen.log b/fundlab/overnight_rescreen.log
new file mode 100644
index 0000000..a590bda
--- /dev/null
+++ b/fundlab/overnight_rescreen.log
@@ -0,0 +1,36 @@
+15:09:56 === stage screen ===
+15:09:56 screen: 2384 funds, 2384 to do
+15:10:29 screen: 100/2384
+15:11:01 screen: 200/2384
+15:11:33 screen: 300/2384
+15:12:04 screen: 400/2384
+15:12:36 screen: 500/2384
+15:13:09 screen: 600/2384
+15:13:42 screen: 700/2384
+15:14:15 screen: 800/2384
+15:14:45 screen: 900/2384
+15:15:20 screen: 1000/2384
+15:15:56 screen: 1100/2384
+15:16:31 screen: 1200/2384
+15:17:07 screen: 1300/2384
+15:17:38 screen: 1400/2384
+15:18:14 screen: 1500/2384
+15:18:45 screen: 1600/2384
+15:19:16 screen: 1700/2384
+15:19:47 screen: 1800/2384
+15:20:19 screen: 1900/2384
+15:20:51 screen: 2000/2384
+15:21:23 screen: 2100/2384
+15:21:54 screen: 2200/2384
+15:22:26 screen: 2300/2384
+15:22:53 screen done: 2384 funds
+15:22:53 === stage finalize ===
+15:22:53 finalize: 2384 funds screened
+15:22:53    1339  sleeve mix
+15:22:53    1001  weak/unstable alpha
+15:22:53      17  no 5y window
+15:22:53      11  CANDIDATE
+15:22:53      10  alpha, but correlated with current portfolio
+15:22:53       6  alpha in 5y window, but not persistent
+15:22:53   candidates v1 name-filter would have missed: ['aguax', 'etsix', 'femdx', 'hicox', 'prfrx', 'puls', 'rctix', 'rpifx', 'scfzx']
+15:22:53 === overnight run finished in 0.2h ===
diff --git a/fundlab/refback.log b/fundlab/refback.log
new file mode 100644
index 0000000..acf29fe
--- /dev/null
+++ b/fundlab/refback.log
@@ -0,0 +1,98 @@
+[2026-08-30 15:40:42] rows=2384 todo=2384
+[2026-08-30 15:40:48] 25/2384 done (saved)
+[2026-08-30 15:40:53] 50/2384 done (saved)
+[2026-08-30 15:40:59] 75/2384 done (saved)
+[2026-08-30 15:41:04] 100/2384 done (saved)
+[2026-08-30 15:41:10] 125/2384 done (saved)
+[2026-08-30 15:41:16] 150/2384 done (saved)
+[2026-08-30 15:41:22] 175/2384 done (saved)
+[2026-08-30 15:41:28] 200/2384 done (saved)
+[2026-08-30 15:41:33] 225/2384 done (saved)
+[2026-08-30 15:41:39] 250/2384 done (saved)
+[2026-08-30 15:41:45] 275/2384 done (saved)
+[2026-08-30 15:41:51] 300/2384 done (saved)
+[2026-08-30 15:41:57] 325/2384 done (saved)
+[2026-08-30 15:42:03] 350/2384 done (saved)
+[2026-08-30 15:42:08] 375/2384 done (saved)
+[2026-08-30 15:42:14] 400/2384 done (saved)
+[2026-08-30 15:42:20] 425/2384 done (saved)
+[2026-08-30 15:42:26] 450/2384 done (saved)
+[2026-08-30 15:42:32] 475/2384 done (saved)
+[2026-08-30 15:42:37] 500/2384 done (saved)
+[2026-08-30 15:42:42] 525/2384 done (saved)
+[2026-08-30 15:42:48] 550/2384 done (saved)
+[2026-08-30 15:42:54] 575/2384 done (saved)
+[2026-08-30 15:43:00] 600/2384 done (saved)
+[2026-08-30 15:43:06] 625/2384 done (saved)
+[2026-08-30 15:43:11] 650/2384 done (saved)
+[2026-08-30 15:43:18] 675/2384 done (saved)
+[2026-08-30 15:43:24] 700/2384 done (saved)
+[2026-08-30 15:43:29] 725/2384 done (saved)
+[2026-08-30 15:43:36] 750/2384 done (saved)
+[2026-08-30 15:43:42] 775/2384 done (saved)
+[2026-08-30 15:43:48] 800/2384 done (saved)
+[2026-08-30 15:43:53] 825/2384 done (saved)
+[2026-08-30 15:43:59] 850/2384 done (saved)
+[2026-08-30 15:44:05] 875/2384 done (saved)
+[2026-08-30 15:44:10] 900/2384 done (saved)
+[2026-08-30 15:44:16] 925/2384 done (saved)
+[2026-08-30 15:44:22] 950/2384 done (saved)
+[2026-08-30 15:44:28] 975/2384 done (saved)
+[2026-08-30 15:44:34] 1000/2384 done (saved)
+[2026-08-30 15:44:39] 1025/2384 done (saved)
+[2026-08-30 15:44:45] 1050/2384 done (saved)
+[2026-08-30 15:44:51] 1075/2384 done (saved)
+[2026-08-30 15:44:56] 1100/2384 done (saved)
+[2026-08-30 15:45:02] 1125/2384 done (saved)
+[2026-08-30 15:45:08] 1150/2384 done (saved)
+[2026-08-30 15:45:14] 1175/2384 done (saved)
+[2026-08-30 15:45:19] 1200/2384 done (saved)
+[2026-08-30 15:45:25] 1225/2384 done (saved)
+[2026-08-30 15:45:31] 1250/2384 done (saved)
+[2026-08-30 15:45:36] 1275/2384 done (saved)
+[2026-08-30 15:45:42] 1300/2384 done (saved)
+[2026-08-30 15:45:47] 1325/2384 done (saved)
+[2026-08-30 15:45:53] 1350/2384 done (saved)
+[2026-08-30 15:45:59] 1375/2384 done (saved)
+[2026-08-30 15:46:04] 1400/2384 done (saved)
+[2026-08-30 15:46:10] 1425/2384 done (saved)
+[2026-08-30 15:46:16] 1450/2384 done (saved)
+[2026-08-30 15:46:22] 1475/2384 done (saved)
+[2026-08-30 15:46:28] 1500/2384 done (saved)
+[2026-08-30 15:46:33] 1525/2384 done (saved)
+[2026-08-30 15:46:38] 1550/2384 done (saved)
+[2026-08-30 15:46:44] 1575/2384 done (saved)
+[2026-08-30 15:46:49] 1600/2384 done (saved)
+[2026-08-30 15:46:55] 1625/2384 done (saved)
+[2026-08-30 15:47:01] 1650/2384 done (saved)
+[2026-08-30 15:47:06] 1675/2384 done (saved)
+[2026-08-30 15:47:12] 1700/2384 done (saved)
+[2026-08-30 15:47:18] 1725/2384 done (saved)
+[2026-08-30 15:47:24] 1750/2384 done (saved)
+[2026-08-30 15:47:30] 1775/2384 done (saved)
+[2026-08-30 15:47:35] 1800/2384 done (saved)
+[2026-08-30 15:47:41] 1825/2384 done (saved)
+[2026-08-30 15:47:47] 1850/2384 done (saved)
+[2026-08-30 15:47:53] 1875/2384 done (saved)
+[2026-08-30 15:47:59] 1900/2384 done (saved)
+[2026-08-30 15:48:05] 1925/2384 done (saved)
+[2026-08-30 15:48:10] 1950/2384 done (saved)
+[2026-08-30 15:48:16] 1975/2384 done (saved)
+[2026-08-30 15:48:22] 2000/2384 done (saved)
+[2026-08-30 15:48:28] 2025/2384 done (saved)
+[2026-08-30 15:48:33] 2050/2384 done (saved)
+[2026-08-30 15:48:39] 2075/2384 done (saved)
+[2026-08-30 15:48:45] 2100/2384 done (saved)
+[2026-08-30 15:48:51] 2125/2384 done (saved)
+[2026-08-30 15:48:57] 2150/2384 done (saved)
+[2026-08-30 15:49:03] 2175/2384 done (saved)
+[2026-08-30 15:49:09] 2200/2384 done (saved)
+[2026-08-30 15:49:15] 2225/2384 done (saved)
+[2026-08-30 15:49:21] 2250/2384 done (saved)
+[2026-08-30 15:49:27] 2275/2384 done (saved)
+[2026-08-30 15:49:33] 2300/2384 done (saved)
+[2026-08-30 15:49:38] 2325/2384 done (saved)
+[2026-08-30 15:49:44] 2350/2384 done (saved)
+[2026-08-30 15:49:50] 2375/2384 done (saved)
+[2026-08-30 15:49:52] 2384/2384 done (saved)
+[2026-08-30 15:49:52] done: 2384 rows carry a reference
diff --git a/fundlab/refback.py b/fundlab/refback.py
new file mode 100644
index 0000000..1a3c721
--- /dev/null
+++ b/fundlab/refback.py
@@ -0,0 +1,76 @@
+"""Backfill the per-fund alpha REFERENCE into search_all.json.
+
+The alpha search verdict (fundlab/search.py) computes alpha as the OLS
+intercept of the fund's daily total returns against the sleeves BIC
+forward-selection picked from the 21 broad sleeve axes (the same set for
+every fund). The picked sleeves ARE the fund's reference - a fitted
+sleeve mix, not a single index - but the screen never stored them, so
+the app couldn't show them.
+
+This script recomputes the forward selection (full + last-5y) for every
+screened fund and stores a compact, human-readable reference string on
+each row:
+
+  ref_5y   "ivv +0.62, tlt +0.31"   (sleeves picked for the 5y model)
+  ref_full "ivv +0.38, efa +0.15, ..."
+  "pure alpha (no sleeve selected)" when the model has no components
+
+Resumable: rows that already carry ref_5y are skipped.
+
+Run: .venv/bin/python -m fundlab.refback   (logs to fundlab/refback.log)
+"""
+from __future__ import annotations
+
+import json
+import time
+
+from fundlab import decompose
+from fundlab.searchlist import BROAD_SLEEVES
+
+HERE = __import__("pathlib").Path(__file__).parent
+SRC = HERE / "search_all.json"
+LOG = HERE / "refback.log"
+
+
+def log(msg: str) -> None:
+    line = f"[{time.strftime('%Y-%m-%d %H:%M:%S')}] {msg}"
+    print(line, flush=True)
+    with LOG.open("a") as f:
+        f.write(line + "\n")
+
+
+def _fmt(m: dict) -> str:
+    comps = m.get("components") or []
+    if not comps:
+        return "pure alpha (no sleeve selected)"
+    return ", ".join(f"{c['sym']} {c['beta']:+.2f}" for c in comps)
+
+
+def run() -> None:
+    d = json.loads(SRC.read_text())
+    todo = [k for k, v in d.items()
+            if isinstance(v, dict)
+            and isinstance(v.get("r2_5y"), (int, float))
+            and "ref_5y" not in v]
+    log(f"rows={len(d)} todo={len(todo)}")
+    for i, k in enumerate(todo, 1):
+        sym = d[k]["sym"]
+        try:
+            rec = decompose.decompose(sym, start=decompose.RECENT_WINDOW,
+                                      candidates={sym: BROAD_SLEEVES})
+            full = decompose.decompose(sym, candidates={sym: BROAD_SLEEVES})
+            d[k]["ref_5y"] = _fmt(rec)
+            d[k]["ref_full"] = _fmt(full)
+        except Exception as e:  # noqa: BLE001 - batch must not die
+            d[k]["ref_5y"] = f"(backfill failed: {e})"
+        if i % 25 == 0 or i == len(todo):
+            SRC.write_text(json.dumps(d, indent=1))
+            log(f"{i}/{len(todo)} done (saved)")
+    SRC.write_text(json.dumps(d, indent=1))
+    n = sum(1 for v in d.values()
+            if isinstance(v, dict) and v.get("ref_5y"))
+    log(f"done: {n} rows carry a reference")
+
+
+if __name__ == "__main__":
+    run()
diff --git a/fundlab/search_all.json b/fundlab/search_all.json
index e5a2a71..088fe19 100644
--- a/fundlab/search_all.json
+++ b/fundlab/search_all.json
@@ -1 +1,47682 @@
-{"aaaax": {"sym": "aaaax", "name": "DWS RREEF Real Assets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.021031804620376248, "alpha_t_5y": -1.2934097161520801, "alpha_t_full": -1.4746284211063236, "r2_5y": 0.8979534437752364, "r2_full": 0.8231306378787784, "corr_portfolio": 0.3663413480361542, "corr_benchmark": 0.5865351836854442, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.4016288379156525, "first": "2007-08-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aaaox": {"sym": "aaaox", "name": "ONE CHOICE BLEND+ IN RETIREMENT PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0014912342647210193, "alpha_t_5y": -0.24897136416866972, "alpha_t_full": -0.24897136416866972, "r2_5y": 0.9641051031760246, "r2_full": 0.9641051031760246, "corr_portfolio": 0.09542294247246016, "corr_benchmark": 0.8499877000535705, "alpha_pos_frac": 0.5, "fund_max_dd": -0.189499032730719, "first": "2021-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aaarx": {"sym": "aaarx", "name": "STRATEGIC ALLOCATION: AGGRESSIVE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012814638916395124, "alpha_t_5y": -1.3951084353601528, "alpha_t_full": -1.517319448564789, "r2_5y": 0.9720007678753134, "r2_full": 0.9580866262828812, "corr_portfolio": 0.3225122268166367, "corr_benchmark": 0.6465388382686551, "alpha_pos_frac": 0.4797687861271676, "fund_max_dd": -0.4667608427434139, "first": "2005-04-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aaatx": {"sym": "aaatx", "name": "American Funds 2010 Target Date Retirement Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00861570534104983, "alpha_t_5y": 1.459611416897648, "alpha_t_full": 1.3323564137185264, "r2_5y": 0.9523174804964584, "r2_full": 0.9339074066082457, "corr_portfolio": 0.33136805339229963, "corr_benchmark": 0.7527783923898494, "alpha_pos_frac": 0.517948717948718, "fund_max_dd": -0.4044292356210355, "first": "2007-02-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aabkx": {"sym": "aabkx", "name": "ONE CHOICE BLEND+ 2025 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0038553062391357895, "alpha_t_5y": -0.6280889159085827, "alpha_t_full": -0.6280889159085827, "r2_5y": 0.9692848216085848, "r2_full": 0.9692848216085848, "corr_portfolio": 0.10222345049772473, "corr_benchmark": 0.8224653871960524, "alpha_pos_frac": 0.5333333333333333, "fund_max_dd": -0.1999851190917783, "first": "2021-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aacpx": {"sym": "aacpx", "name": "ONE CHOICE BLEND+ 2035 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015340753257619702, "alpha_t_5y": -2.1444541373515267, "alpha_t_full": -2.1444541373515267, "r2_5y": 0.9748480740633347, "r2_full": 0.9748480740633347, "corr_portfolio": 0.11220858696305178, "corr_benchmark": 0.7619139629937716, "alpha_pos_frac": 0.55, "fund_max_dd": -0.23500701528020884, "first": "2021-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aacrx": {"sym": "aacrx", "name": "STRATEGIC ALLOCATION: CONSERVATIVE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010932098050963951, "alpha_t_5y": -1.4595809867694296, "alpha_t_full": -2.789337297420753, "r2_5y": 0.9522139270237737, "r2_full": 0.9426664877171123, "corr_portfolio": 0.30122990940670624, "corr_benchmark": 0.7464743968327447, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.2633718959861281, "first": "2005-04-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aacsx": {"sym": "aacsx", "name": "ONE CHOICE BLEND+ 2040 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01034502745356626, "alpha_t_5y": -1.400534419447688, "alpha_t_full": -1.400534419447688, "r2_5y": 0.9784263174348858, "r2_full": 0.9784263174348858, "corr_portfolio": 0.11965500928327584, "corr_benchmark": 0.7346584705727536, "alpha_pos_frac": 0.5666666666666667, "fund_max_dd": -0.24199180971833767, "first": "2021-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aactx": {"sym": "aactx", "name": "American Funds 2020 Target Date Retirement Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0050009142130185025, "alpha_t_5y": 0.8253519792998457, "alpha_t_full": 1.0473166229675388, "r2_5y": 0.9620679395206535, "r2_full": 0.9419204521571319, "corr_portfolio": 0.32588677049383846, "corr_benchmark": 0.7320990491701699, "alpha_pos_frac": 0.4358974358974359, "fund_max_dd": -0.46279206672517414, "first": "2007-02-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aadax": {"sym": "aadax", "name": "Invesco Select Risk: Growth Investor Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.016690478998113503, "alpha_t_5y": -1.9395142886940664, "alpha_t_full": -2.725951593863512, "r2_5y": 0.974801201373345, "r2_full": 0.9596580041381875, "corr_portfolio": 0.31477267314893853, "corr_benchmark": 0.6525003217498289, "alpha_pos_frac": 0.5260115606936416, "fund_max_dd": -0.5579120117330258, "first": "2004-05-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aadhx": {"sym": "aadhx", "name": "ONE CHOICE BLEND+ 2045 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010529313915735703, "alpha_t_5y": -1.3150745815657783, "alpha_t_full": -1.3150745815657783, "r2_5y": 0.9789522132820389, "r2_full": 0.9789522132820389, "corr_portfolio": 0.12394695711192133, "corr_benchmark": 0.7125163282529572, "alpha_pos_frac": 0.5666666666666667, "fund_max_dd": -0.2504476004782987, "first": "2021-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aadnx": {"sym": "aadnx", "name": "ONE CHOICE BLEND+ 2050 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00847309501116008, "alpha_t_5y": -0.9696138915698386, "alpha_t_full": -0.9696138915698386, "r2_5y": 0.9782105802821693, "r2_full": 0.9782105802821693, "corr_portfolio": 0.12970489995967874, "corr_benchmark": 0.7003248705163538, "alpha_pos_frac": 0.55, "fund_max_dd": -0.2548121875772631, "first": "2021-03-11", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "aaegx": {"sym": "aaegx", "name": "ONE CHOICE BLEND+ 2060 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0075669007491548914, "alpha_t_5y": -0.7456030714241346, "alpha_t_full": -0.7456030714241346, "r2_5y": 0.9744311723260899, "r2_full": 0.9744311723260899, "corr_portfolio": 0.1337595029412155, "corr_benchmark": 0.6831442399404491, "alpha_pos_frac": 0.5666666666666667, "fund_max_dd": -0.2595055648466871, "first": "2021-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aaekx": {"sym": "aaekx", "name": "ONE CHOICE BLEND+ 2065 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008770292693888225, "alpha_t_5y": -0.943140546345446, "alpha_t_full": -0.943140546345446, "r2_5y": 0.9784114996141643, "r2_full": 0.9784114996141643, "corr_portfolio": 0.1356271723120391, "corr_benchmark": 0.6832821736296689, "alpha_pos_frac": 0.55, "fund_max_dd": -0.2614266028125073, "first": "2021-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aaetx": {"sym": "aaetx", "name": "American Funds 2030 Target Date Retirement Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003318048708621448, "alpha_t_5y": -0.4772297239416557, "alpha_t_full": 1.0033026457932044, "r2_5y": 0.9710898815062708, "r2_full": 0.9671976123127398, "corr_portfolio": 0.30995028539929786, "corr_benchmark": 0.674659023210108, "alpha_pos_frac": 0.5128205128205128, "fund_max_dd": -0.49495093483650876, "first": "2007-02-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aaewx": {"sym": "aaewx", "name": "ONE CHOICE BLEND+ 2030 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006203910578284838, "alpha_t_5y": -0.9214368203322618, "alpha_t_full": -0.9214368203322618, "r2_5y": 0.9713286431260029, "r2_full": 0.9713286431260029, "corr_portfolio": 0.1109345265235303, "corr_benchmark": 0.7946082434693186, "alpha_pos_frac": 0.55, "fund_max_dd": -0.21377539025005832, "first": "2021-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aaftx": {"sym": "aaftx", "name": "American Funds 2035 Target Date Retirement Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004796265089540965, "alpha_t_5y": -0.5921875191460281, "alpha_t_full": 0.3245448419074154, "r2_5y": 0.9718267836626265, "r2_full": 0.9772983593545951, "corr_portfolio": 0.3032288166941522, "corr_benchmark": 0.6520593912315188, "alpha_pos_frac": 0.5794871794871795, "fund_max_dd": -0.49892190096009825, "first": "2007-02-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aagox": {"sym": "aagox", "name": "Alger Large Cap Growth Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.029375494183079904, "alpha_t_5y": -0.7643928454212308, "alpha_t_full": 3.3039140680506676, "r2_5y": 0.8801288046504974, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.10578207624738772, "corr_benchmark": 0.5790333682802208, "alpha_pos_frac": 0.44621513944223107, "fund_max_dd": -0.6986403509814187, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aagtx": {"sym": "aagtx", "name": "American Funds 2040 Target Date Retirement Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008990660814261841, "alpha_t_5y": -1.0332493712865518, "alpha_t_full": 0.11947218335375726, "r2_5y": 0.975867528117462, "r2_full": 0.9800454806076481, "corr_portfolio": 0.2979217542762339, "corr_benchmark": 0.6425748945686917, "alpha_pos_frac": 0.547085201793722, "fund_max_dd": -0.5002589352276301, "first": "2007-02-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aahmx": {"sym": "aahmx", "name": "abrdn Short Duration High Yield Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.001953549259675465, "alpha_t_5y": 0.197380905002647, "alpha_t_full": 2.4403432052924803, "r2_5y": 0.3227067427584672, "r2_full": 0.32556890266745375, "corr_portfolio": 0.06916067345208148, "corr_benchmark": 0.2780667639095107, "alpha_pos_frac": 0.6013071895424836, "fund_max_dd": -0.11156567468087353, "first": "2013-06-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "aahtx": {"sym": "aahtx", "name": "American Funds 2045 Target Date Retirement Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005931990946255555, "alpha_t_5y": -0.6479810573161962, "alpha_t_full": 0.0463319648565247, "r2_5y": 0.9758462362942855, "r2_full": 0.9794024252886367, "corr_portfolio": 0.2953268099317391, "corr_benchmark": 0.6405207544588571, "alpha_pos_frac": 0.5202312138728323, "fund_max_dd": -0.5004311163549822, "first": "2007-02-05", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "aamtx": {"sym": "aamtx", "name": "American Funds 2055 Target Date Retirement Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01248758315378192, "alpha_t_5y": -1.2767558093167584, "alpha_t_full": -0.44984051002953507, "r2_5y": 0.9748159858213497, "r2_full": 0.9786647352087195, "corr_portfolio": 0.28733922473488294, "corr_benchmark": 0.6391758707433657, "alpha_pos_frac": 0.5284974093264249, "fund_max_dd": -0.2931937829487764, "first": "2010-02-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aantx": {"sym": "aantx", "name": "American Funds 2060 Target Date Retirement Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00857845175512725, "alpha_t_5y": -0.8551594499116322, "alpha_t_full": -0.2178034375424723, "r2_5y": 0.9739996652647314, "r2_full": 0.9763175943164369, "corr_portfolio": 0.2736775026375596, "corr_benchmark": 0.64961545737315, "alpha_pos_frac": 0.5572519083969466, "fund_max_dd": -0.29415951682602914, "first": "2015-03-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aasox": {"sym": "aasox", "name": "Alger Small Cap Growth Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06551629887211985, "alpha_t_5y": -0.5685665688799252, "alpha_t_full": 2.117933082722176, "r2_5y": 0.46438770128208995, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.06677511155956084, "corr_benchmark": 0.41083999715831154, "alpha_pos_frac": 0.5145631067961165, "fund_max_dd": -0.8516388560205417, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "abaex": {"sym": "abaex", "name": "AB Emerging Markets Multi-Asset Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00522341883814045, "alpha_t_5y": 0.2154329543807285, "alpha_t_full": -0.8857078971785326, "r2_5y": 0.8290694499441946, "r2_full": 0.8216713776967232, "corr_portfolio": 0.3235424738503037, "corr_benchmark": 0.47470010348699265, "alpha_pos_frac": 0.5402298850574713, "fund_max_dd": -0.38781264452593645, "first": "2011-09-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "abalx": {"sym": "abalx", "name": "AMERICAN BALANCED FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010651292787887257, "alpha_t_5y": 1.120317924610738, "alpha_t_full": 5.225435963418801, "r2_5y": 0.953497972657029, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.30517974867434994, "corr_benchmark": 0.705526231240365, "alpha_pos_frac": 0.5426008968609866, "fund_max_dd": -0.4020442112292766, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "abasx": {"sym": "abasx", "name": "AB Discovery Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0030981118699972953, "alpha_t_5y": -0.11653805167671269, "alpha_t_full": 1.0997370558771309, "r2_5y": 0.9099882718762169, "r2_full": 0.9140693643991789, "corr_portfolio": 0.3516876665757004, "corr_benchmark": 0.5078745689162322, "alpha_pos_frac": 0.46303501945525294, "fund_max_dd": -0.6016590626156421, "first": "2001-03-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "abdax": {"sym": "abdax", "name": "Columbia Capital Allocation Conservative Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0030631661644404456, "alpha_t_5y": -0.595492639675891, "alpha_t_full": -0.707582498349586, "r2_5y": 0.957752686130376, "r2_full": 0.8904730656440744, "corr_portfolio": 0.18593762286960241, "corr_benchmark": 0.8940062105719062, "alpha_pos_frac": 0.5538461538461539, "fund_max_dd": -0.18433727342346207, "first": "2004-03-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "abhix": {"sym": "abhix", "name": "HIGH-YIELD FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.001934004245510785, "alpha_t_5y": -0.25325945402812855, "alpha_t_full": 4.654840104207262, "r2_5y": 0.8638399144145484, "r2_full": -1.9984014443252818e-15, "corr_portfolio": 0.292794943731646, "corr_benchmark": 0.45373261782065355, "alpha_pos_frac": 0.5375722543352601, "fund_max_dd": -0.26633982180783344, "first": "1997-10-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "abhyx": {"sym": "abhyx", "name": "HIGH-YIELD MUNICIPAL FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007956838305279908, "alpha_t_5y": 0.5180941551233487, "alpha_t_full": 5.48146600111096, "r2_5y": 0.4124882291964538, "r2_full": 0.0, "corr_portfolio": 0.05913614207238981, "corr_benchmark": 0.33907042067947357, "alpha_pos_frac": 0.6011560693641619, "fund_max_dd": -0.26329617984620635, "first": "1998-04-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "abiax": {"sym": "abiax", "name": "AB International Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.025959977203293218, "alpha_t_5y": 1.3109280301450883, "alpha_t_full": 0.11982094328982103, "r2_5y": 0.9177848031177, "r2_full": 0.8933112163933852, "corr_portfolio": 0.41285063652609805, "corr_benchmark": 0.5145682079551379, "alpha_pos_frac": 0.6074380165289256, "fund_max_dd": -0.6986613822391826, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - 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idiosyncratic alpha, complements portfolio", "alpha_name": false}, "afocx": {"sym": "afocx", "name": "Archer Focus Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0315900144147256, "alpha_t_5y": -1.5213715186735557, "alpha_t_full": -1.3405982638588199, "r2_5y": 0.893346438416864, "r2_full": 0.9216787297207445, "corr_portfolio": 0.3165979720060332, "corr_benchmark": 0.6437756356559866, "alpha_pos_frac": 0.5405405405405406, "fund_max_dd": -0.34034226949640145, "first": "2020-01-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "afrax": {"sym": "afrax", "name": "Invesco Floating Rate ESG Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": 6.444270222993764, "r2_5y": NaN, "r2_full": 1.887379141862766e-15, "corr_portfolio": 0.32121391527356946, "corr_benchmark": 0.07807349131610312, "alpha_pos_frac": NaN, "fund_max_dd": -0.3600838453406485, "first": "1997-05-02", "verdict": "no 5y window", "alpha_name": false}, "aftex": {"sym": "aftex", "name": "TAX EXEMPT BOND FUND OF AMERICA", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004864135660572667, "alpha_t_5y": 0.40957080308730176, "alpha_t_full": 8.177102052802661, "r2_5y": 0.39776950952681134, "r2_full": -1.1102230246251565e-15, "corr_portfolio": 0.03480702450937875, "corr_benchmark": 0.35110064109633027, "alpha_pos_frac": 0.5525291828793775, "fund_max_dd": -0.15018384141577013, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "agbvx": {"sym": "agbvx", "name": "GLOBAL BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0021146642855490875, "alpha_t_5y": -0.2729927092840646, "alpha_t_full": 0.5417892326363435, "r2_5y": 0.8133740330206407, "r2_full": 0.7476549663838845, "corr_portfolio": -0.023905696684440016, "corr_benchmark": 0.6731968287776616, "alpha_pos_frac": 0.5680473372781065, "fund_max_dd": -0.16310312086773016, "first": "2012-02-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "agdax": {"sym": "agdax", "name": "AB HIGH INCOME FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008889200787545197, "alpha_t_5y": 1.130491918258311, "alpha_t_full": 4.630675965403618, "r2_5y": 0.8497511169480723, "r2_full": -2.6645352591003757e-15, "corr_portfolio": 0.3160413307227273, "corr_benchmark": 0.4651322132920176, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.4533398445202791, "first": "1994-02-28", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "aglox": {"sym": "aglox", "name": "Ariel Global Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03837742844066798, "alpha_t_5y": 1.4323830809871365, "alpha_t_full": 0.9484098190277866, "r2_5y": 0.7581053218781659, "r2_full": 0.8244565683579509, "corr_portfolio": 0.36092956352207095, "corr_benchmark": 0.5621935151373775, "alpha_pos_frac": 0.4411764705882353, "fund_max_dd": -0.24719102195169984, "first": "2012-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "agovx": {"sym": "agovx", "name": "INVESCO Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01588604766148142, "alpha_t_5y": 1.7988258224850684, "alpha_t_full": 4.3134778111441205, "r2_5y": 0.6129622493895153, "r2_full": 2.220446049250313e-15, "corr_portfolio": 0.1044420954607835, "corr_benchmark": 0.37292871574544945, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.3341386805480785, "first": "1996-06-21", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "agrfx": {"sym": "agrfx", "name": "AB Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03613123618941394, "alpha_t_5y": -1.5819847280082704, "alpha_t_full": 3.2786038323802704, "r2_5y": 0.9314423202724965, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.15590929207971896, "corr_benchmark": 0.6238856101572792, "alpha_pos_frac": 0.4827586206896552, "fund_max_dd": -0.6768829800571199, "first": "1990-09-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "agthx": {"sym": "agthx", "name": "GROWTH FUND OF AMERICA", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02634363380464892, "alpha_t_5y": -1.6019253092726873, "alpha_t_full": 4.1232029231235385, "r2_5y": 0.9631071694759707, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.1864873494906047, "corr_benchmark": 0.6188439967674874, "alpha_pos_frac": 0.4900398406374502, "fund_max_dd": -0.5190712895782572, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aguax": {"sym": "aguax", "name": "American Beacon Developing World Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.06488026500741322, "alpha_t_5y": 3.7094764842587873, "alpha_t_full": 3.504602446643684, "r2_5y": 0.3012694299833961, "r2_full": 0.30430871692499506, "corr_portfolio": 0.24493035248834089, "corr_benchmark": 0.23472570799175585, "alpha_pos_frac": 0.5694444444444444, "fund_max_dd": -0.21233608073569488, "first": "2014-02-27", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "ahitx": {"sym": "ahitx", "name": "AMERICAN HIGH INCOME TRUST", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011554056632886615, "alpha_t_5y": 1.5389352573338086, "alpha_t_full": 8.45746442703225, "r2_5y": 0.8621086943344908, "r2_full": 1.9984014443252818e-15, "corr_portfolio": 0.32480057286639274, "corr_benchmark": 0.4451750735387104, "alpha_pos_frac": 0.5319148936170213, "fund_max_dd": -0.3480509234593463, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aibax": {"sym": "aibax", "name": "INTERMEDIATE BOND FUND OF AMERICA", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005709427286588185, "alpha_t_5y": 1.0149050872108714, "alpha_t_full": 7.3973807344706435, "r2_5y": 0.8903335082681646, "r2_full": 7.771561172376096e-16, "corr_portfolio": -0.10927922415149495, "corr_benchmark": 0.5484829161771173, "alpha_pos_frac": 0.4161849710982659, "fund_max_dd": -0.10992868801190814, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aidax": {"sym": "aidax", "name": "Diversified Municipal Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00871598369658325, "alpha_t_5y": 1.0996473325400635, "alpha_t_full": 3.7911638957060103, "r2_5y": 0.34022291134968086, "r2_full": 0.10870303491577593, "corr_portfolio": 0.04471183762781839, "corr_benchmark": 0.3511412761149629, "alpha_pos_frac": 0.5330739299610895, "fund_max_dd": -0.09579588967688868, "first": "2002-02-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "aiemx": {"sym": "aiemx", "name": "Alger Emerging Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.043716368720423726, "alpha_t_5y": -1.2822689454682537, "alpha_t_full": -1.9427091515889066, "r2_5y": 0.8455804021727023, "r2_full": 0.8439661404599548, "corr_portfolio": 0.23388171601651556, "corr_benchmark": 0.48748750268701074, "alpha_pos_frac": 0.5384615384615384, "fund_max_dd": -0.4730912256898351, "first": "2010-12-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "aifrx": {"sym": "aifrx", "name": "abrdn Global Infrastructure Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.028907893398899456, "alpha_t_5y": 1.09192537823827, "alpha_t_full": -0.8288266267344909, "r2_5y": 0.7873085452233604, "r2_full": 0.7348980749821139, "corr_portfolio": 0.3673030447747285, "corr_benchmark": 0.5581227754887713, "alpha_pos_frac": 0.507177033492823, "fund_max_dd": -0.383822273715409, "first": "2008-10-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "aigox": {"sym": "aigox", "name": "Alger Growth & Income Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.019156717538401962, "alpha_t_5y": 1.4800767400844559, "alpha_t_full": 2.444705072033405, "r2_5y": 0.9636778580881931, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.3000463484489237, "corr_benchmark": 0.609759059336962, "alpha_pos_frac": 0.5102040816326531, "fund_max_dd": -0.7036312377289748, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aigyx": {"sym": "aigyx", "name": "abrdn Real Estate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020189554573446657, "alpha_t_5y": 1.3133445724781931, "alpha_t_full": -0.5967621904413796, "r2_5y": 0.9601108320115981, "r2_full": 0.9642955947794294, "corr_portfolio": 0.2473995553544873, "corr_benchmark": 0.5567067902219384, "alpha_pos_frac": 0.5526315789473685, "fund_max_dd": -0.7993797087954877, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aiiex": {"sym": "aiiex", "name": "Invesco EQV International Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04916997258581887, "alpha_t_5y": -2.7325603050783553, "alpha_t_full": 2.8526530635277383, "r2_5y": 0.9329827129115088, "r2_full": 0.0, "corr_portfolio": 0.3015194079932693, "corr_benchmark": 0.5360892112611226, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.5857963657267242, "first": "1992-04-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aioax": {"sym": "aioax", "name": "Columbia Income Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00215572773162115, "alpha_t_5y": -0.3269125361488289, "alpha_t_full": 1.185988152606619, "r2_5y": 0.8884457142260247, "r2_full": 0.7701771357636796, "corr_portfolio": 0.3032787747663254, "corr_benchmark": 0.44548728290053025, "alpha_pos_frac": 0.5330882352941176, "fund_max_dd": -0.25860806659693814, "first": "2003-06-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aivsx": {"sym": "aivsx", "name": "INVESTMENT CO OF AMERICA", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.012669527890725032, "alpha_t_5y": 1.0360752485609144, "alpha_t_full": 4.35131057968849, "r2_5y": 0.9666202573709333, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.2939735093619342, "corr_benchmark": 0.6125286412031027, "alpha_pos_frac": 0.4798206278026906, "fund_max_dd": -0.5090310830821583, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "anefx": {"sym": "anefx", "name": "NEW ECONOMY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013592117105206027, "alpha_t_5y": -0.6082130800652039, "alpha_t_full": 3.8800905307133147, "r2_5y": 0.9286524654018458, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.18842591426708236, "corr_benchmark": 0.6027686213789748, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.6128070458059267, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "angl": {"sym": "angl", "name": "VanEck Fallen Angel High Yield Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012859361066546534, "alpha_t_5y": -0.8719850529405583, "alpha_t_full": 0.02000174534150203, "r2_5y": 0.7769748654753051, "r2_full": 0.5163258343795862, "corr_portfolio": 0.20483498703200104, "corr_benchmark": 0.5901245823785086, "alpha_pos_frac": 0.41566265060240964, "fund_max_dd": -0.2930889356389057, "first": "2012-04-12", "verdict": "weak/unstable alpha", "alpha_name": false}, "anglx": {"sym": "anglx", "name": "Angel Oak Multi-Strategy Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.021008477016528315, "alpha_t_5y": 2.353689236783684, "alpha_t_full": 4.129127356547928, "r2_5y": 0.39823466097748983, "r2_full": 0.18802549308465233, "corr_portfolio": 0.07045150084116057, "corr_benchmark": 0.1662201645767697, "alpha_pos_frac": 0.5795454545454546, "fund_max_dd": -0.1639786247053283, "first": "2011-07-08", "verdict": "CANDIDATE - 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not alpha-driven", "alpha_name": false}, "aotax": {"sym": "aotax", "name": "Virtus Emerging Markets Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.012601172944384984, "alpha_t_5y": 0.3138226402136864, "alpha_t_full": -0.13983672239286826, "r2_5y": 0.6909373041485076, "r2_full": 0.8483681688484984, "corr_portfolio": 0.3274305623100404, "corr_benchmark": 0.42658431563156873, "alpha_pos_frac": 0.49327354260089684, "fund_max_dd": -0.7119175271569294, "first": "2006-08-22", "verdict": "weak/unstable alpha", "alpha_name": false}, "apfdx": {"sym": "apfdx", "name": "Artisan Global Discovery Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0666258312733823, "alpha_t_5y": -2.0147610068533752, "alpha_t_full": -0.6499359822178998, "r2_5y": 0.8519881060937448, "r2_full": 0.8621683570295502, "corr_portfolio": 0.12110403488665698, "corr_benchmark": 0.6456568581609335, "alpha_pos_frac": 0.49019607843137253, "fund_max_dd": -0.4083002278213764, "first": "2017-08-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "apgax": {"sym": "apgax", "name": "AB LARGE CAP GROWTH FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03810675348382193, "alpha_t_5y": -1.8982608295754166, "alpha_t_full": 3.401624241082883, "r2_5y": 0.9435336694470591, "r2_full": 5.551115123125783e-16, "corr_portfolio": 0.15590970757624298, "corr_benchmark": 0.6227320851165699, "alpha_pos_frac": 0.5028901734104047, "fund_max_dd": -0.6718956218921375, "first": "1992-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aphmx": {"sym": "aphmx", "name": "Artisan Mid Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0854152466412294, "alpha_t_5y": -2.0781096611431513, "alpha_t_full": -0.289991083507787, "r2_5y": 0.8358424075015376, "r2_full": 0.8312302568247603, "corr_portfolio": 0.10549465872117479, "corr_benchmark": 0.5950687157519657, "alpha_pos_frac": 0.5369649805447471, "fund_max_dd": -0.6445116079239371, "first": "2000-07-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "apoix": {"sym": "apoix", "name": "SHORT DURATION INFLATION PROTECTION BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018524270415489263, "alpha_t_5y": 2.1523576618177547, "alpha_t_full": 1.0049509972488153, "r2_5y": 0.614241430297051, "r2_full": 0.442572310686294, "corr_portfolio": 0.034343896411683, "corr_benchmark": 0.4343611943089253, "alpha_pos_frac": 0.4717948717948718, "fund_max_dd": -0.14533998249621538, "first": "2005-06-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "aqeax": {"sym": "aqeax", "name": "Columbia Disciplined Core Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007235919422651047, "alpha_t_5y": -0.6332442088967201, "alpha_t_full": -1.5298843596101983, "r2_5y": 0.974407632606587, "r2_full": 0.9687566459946467, "corr_portfolio": 0.30186867669294265, "corr_benchmark": 0.6082776501656708, "alpha_pos_frac": 0.5330739299610895, "fund_max_dd": -0.5790410031685349, "first": "2003-04-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aqeix": {"sym": "aqeix", "name": "LKCM Aquinas Catholic Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06404034903875704, "alpha_t_5y": -3.523902796100778, "alpha_t_full": -0.11638058695231082, "r2_5y": 0.9307574532759751, "r2_full": 0.9218898287571472, "corr_portfolio": 0.2942622468332189, "corr_benchmark": 0.5776910561738755, "alpha_pos_frac": 0.5028901734104047, "fund_max_dd": -0.503975738866965, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "arbfx": {"sym": "arbfx", "name": "ARBITRAGE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01417288058189819, "alpha_t_5y": 1.197474942533492, "alpha_t_full": 1.2115969987515718, "r2_5y": 0.3723325853875732, "r2_full": 0.24830729265971008, "corr_portfolio": 0.17090871277717415, "corr_benchmark": 0.3751412851192825, "alpha_pos_frac": 0.42543859649122806, "fund_max_dd": -0.3801214388149292, "first": "2001-08-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "archx": {"sym": "archx", "name": "Archer Balanced Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003786745293377093, "alpha_t_5y": 0.327906436297196, "alpha_t_full": -0.8135773632996144, "r2_5y": 0.9285790139198854, "r2_full": 0.9270727572350586, "corr_portfolio": 0.3218546440899444, "corr_benchmark": 0.6231696955178602, "alpha_pos_frac": 0.47346938775510206, "fund_max_dd": -0.4431303243642455, "first": "2005-09-21", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "arcvx": {"sym": "arcvx", "name": "ONE CHOICE 2030 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010024592125735608, "alpha_t_5y": -1.7054195553328397, "alpha_t_full": 0.06434702764768208, "r2_5y": 0.9734773398162144, "r2_full": 0.941955046602158, "corr_portfolio": 0.314931550060772, "corr_benchmark": 0.7035374430898339, "alpha_pos_frac": 0.46153846153846156, "fund_max_dd": -0.39170222190061066, "first": "2008-06-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ardex": {"sym": "ardex", "name": "AMG River Road Dividend All Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0035733849867606283, "alpha_t_5y": 0.16184780897704795, "alpha_t_full": 0.6696729120290492, "r2_5y": 0.8499861858626127, "r2_full": 0.9126445459317252, "corr_portfolio": 0.3907568414482263, "corr_benchmark": 0.5298805552770064, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.48983765802076806, "first": "2005-06-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "ardgx": {"sym": "ardgx", "name": "Archer Dividend Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.032898126134296386, "alpha_t_5y": 1.6540747583769206, "alpha_t_full": 0.4448943864645593, "r2_5y": 0.8543859463084968, "r2_full": 0.9022613505835115, "corr_portfolio": 0.3986965461826544, "corr_benchmark": 0.5351060480460837, "alpha_pos_frac": 0.42105263157894735, "fund_max_dd": -0.3816672180687274, "first": "2016-09-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ardsx": {"sym": "ardsx", "name": "ONE CHOICE 2040 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01526852652950809, "alpha_t_5y": -2.2153881034243312, "alpha_t_full": 0.06860363329935959, "r2_5y": 0.9749046427048819, "r2_full": 0.9485452951850952, "corr_portfolio": 0.3158098469784318, "corr_benchmark": 0.6717152860971849, "alpha_pos_frac": 0.5539906103286385, "fund_max_dd": -0.4368232501914394, "first": "2008-06-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "arevx": {"sym": "arevx", "name": "ONE CHOICE 2055 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.016260667833776683, "alpha_t_5y": -2.0258172394571576, "alpha_t_full": -0.9755812794811298, "r2_5y": 0.9783701719820864, "r2_full": 0.952434044121321, "corr_portfolio": 0.316315045732053, "corr_benchmark": 0.6442895504497106, "alpha_pos_frac": 0.5202312138728323, "fund_max_dd": -0.30155638793855777, "first": "2011-04-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "arfvx": {"sym": "arfvx", "name": "ONE CHOICE 2050 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.019885518548176336, "alpha_t_5y": -2.564748320125105, "alpha_t_full": -0.8118431659657809, "r2_5y": 0.9771664691314815, "r2_full": 0.9573515774985809, "corr_portfolio": 0.314738518616855, "corr_benchmark": 0.6497262664497923, "alpha_pos_frac": 0.5633802816901409, "fund_max_dd": -0.4682592404771232, "first": "2008-06-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "argvx": {"sym": "argvx", "name": "ONE CHOICE 2060 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.016888179178708267, "alpha_t_5y": -2.0365487351831497, "alpha_t_full": -2.2015836294279048, "r2_5y": 0.9781901909764239, "r2_full": 0.9835949946947624, "corr_portfolio": 0.2888538897463655, "corr_benchmark": 0.6622702913541155, "alpha_pos_frac": 0.576, "fund_max_dd": -0.30847971378669914, "first": "2015-10-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "arhfx": {"sym": "arhfx", "name": "One Choice 2065 Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.022558198994521356, "alpha_t_5y": -2.68520083404096, "alpha_t_full": -2.4958174980849495, "r2_5y": 0.978539722704421, "r2_full": 0.9785033758848811, "corr_portfolio": 0.12832723543030577, "corr_benchmark": 0.6991218947841387, "alpha_pos_frac": 0.5076923076923077, "fund_max_dd": -0.26433493222894733, "first": "2020-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ariix": {"sym": "ariix", "name": "AB Global Real Estate Investment Fund II", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015170314071368408, "alpha_t_5y": -0.9490576800432892, "alpha_t_full": 0.9185593215580351, "r2_5y": 0.9435478921821461, "r2_full": 0.6637103146434856, "corr_portfolio": 0.3015486347106098, "corr_benchmark": 0.5984826529217365, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.7035097729966395, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "arinx": {"sym": "arinx", "name": "Archer Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014042566110509308, "alpha_t_5y": 2.6498770365825726, "alpha_t_full": 2.365627636346574, "r2_5y": 0.6085352691571866, "r2_full": 0.3588508546167978, "corr_portfolio": 0.0847722756188009, "corr_benchmark": 0.5764358084684477, "alpha_pos_frac": 0.5433526011560693, "fund_max_dd": -0.09372116318583112, "first": "2011-09-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "aroix": {"sym": "aroix", "name": "ONE CHOICE 2045 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.018619101986191065, "alpha_t_5y": -2.5636535731879415, "alpha_t_full": -0.7442121370085877, "r2_5y": 0.9766999041860913, "r2_full": 0.9454106655038019, "corr_portfolio": 0.3164812810302356, "corr_benchmark": 0.6601082620896445, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.4895492205679943, "first": "2004-09-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "arskx": {"sym": "arskx", "name": "Archer Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015848179651179038, "alpha_t_5y": -0.9444574421168712, "alpha_t_full": -2.052820912602808, "r2_5y": 0.9400701713101538, "r2_full": 0.9237451990866735, "corr_portfolio": 0.2500632859169881, "corr_benchmark": 0.596912563070691, "alpha_pos_frac": 0.4508670520231214, "fund_max_dd": -0.32442582839546363, "first": "2011-03-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "artox": {"sym": "artox", "name": "ONE CHOICE IN RETIREMENT PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006073986515903245, "alpha_t_5y": -1.1637947179693156, "alpha_t_full": -0.28978576953428936, "r2_5y": 0.9729866054782947, "r2_full": 0.935324721937762, "corr_portfolio": 0.30206301935869606, "corr_benchmark": 0.7341892763480635, "alpha_pos_frac": 0.49224806201550386, "fund_max_dd": -0.2765553877320617, "first": "2004-09-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "artrx": {"sym": "artrx", "name": "Artisan Global Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0830856256035389, "alpha_t_5y": -2.967434265008641, "alpha_t_full": -0.7937740261101957, "r2_5y": 0.8729137268405086, "r2_full": 0.9095604025458329, "corr_portfolio": 0.21222457135615286, "corr_benchmark": 0.607453488685992, "alpha_pos_frac": 0.5119617224880383, "fund_max_dd": -0.4599999609389349, "first": "2008-09-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "artsx": {"sym": "artsx", "name": "Artisan Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07822475720408704, "alpha_t_5y": -1.741348538600345, "alpha_t_full": 0.25170843424482653, "r2_5y": 0.8510099993447142, "r2_full": 0.8392004941447818, "corr_portfolio": 0.07322123486962524, "corr_benchmark": 0.5747676052172008, "alpha_pos_frac": 0.5375722543352601, "fund_max_dd": -0.6276587285834823, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aryix": {"sym": "aryix", "name": "ONE CHOICE 2035 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013195316571796671, "alpha_t_5y": -2.1548500686075283, "alpha_t_full": -0.3033453469188286, "r2_5y": 0.9760297764458813, "r2_full": 0.9408469812271026, "corr_portfolio": 0.3178996694847194, "corr_benchmark": 0.6874201050854275, "alpha_pos_frac": 0.4666666666666667, "fund_max_dd": -0.4509471437694327, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "asbax": {"sym": "asbax", "name": "Short-Term Bond Fund of America", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.021036613660479857, "alpha_t_5y": -3.1946124792424224, "alpha_t_full": 2.4556561316723484, "r2_5y": 0.6567719065800368, "r2_full": 0.5359051040209739, "corr_portfolio": -0.10194378494399323, "corr_benchmark": 0.3440884309939334, "alpha_pos_frac": 0.5144508670520231, "fund_max_dd": -0.059665974440396785, "first": "2006-10-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "ascgx": {"sym": "ascgx", "name": "Lisanti Small Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06458116438853331, "alpha_t_5y": -1.6232528694370119, "alpha_t_full": -0.9422090826162849, "r2_5y": 0.8754562839690747, "r2_full": 0.877513415103074, "corr_portfolio": 0.1590243482586561, "corr_benchmark": 0.5354118609760644, "alpha_pos_frac": 0.5447470817120622, "fund_max_dd": -0.5931191591382847, "first": "2004-03-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "asdvx": {"sym": "asdvx", "name": "SHORT DURATION STRATEGIC INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020189992553325986, "alpha_t_5y": 3.48714189139368, "alpha_t_full": 3.5603995589292756, "r2_5y": 0.6410413569526502, "r2_full": 0.5621634902074528, "corr_portfolio": 0.11317382167081359, "corr_benchmark": 0.34701149906341794, "alpha_pos_frac": 0.5611510791366906, "fund_max_dd": -0.07859337841442937, "first": "2014-07-30", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "asfcx": {"sym": "asfcx", "name": "Virtus AlphaSimplex Managed Futures Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.050524321896119224, "alpha_t_5y": -1.0719592828469746, "alpha_t_full": 0.6737711569229176, "r2_5y": 0.32403220569525515, "r2_full": 0.1460167321719531, "corr_portfolio": 0.2109754219397301, "corr_benchmark": 0.007680002259431506, "alpha_pos_frac": 0.5294117647058824, "fund_max_dd": -0.38006080801338593, "first": "2010-08-02", "verdict": "weak/unstable alpha", "alpha_name": true}, "asiax": {"sym": "asiax", "name": "Invesco Asia Pacific Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008134668950225434, "alpha_t_5y": -0.2548568123228088, "alpha_t_full": 3.0197930412691245, "r2_5y": 0.7657400765285711, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.25857046103270287, "corr_benchmark": 0.4266787160115415, "alpha_pos_frac": 0.5258620689655172, "fund_max_dd": -0.6377951933582297, "first": "1997-11-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "asihx": {"sym": "asihx", "name": "MULTISECTOR INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0017280264840227552, "alpha_t_5y": -0.24040995086239672, "alpha_t_full": -0.6909007612325723, "r2_5y": 0.8286034377569499, "r2_full": 0.8030496724266822, "corr_portfolio": 0.15481990395473977, "corr_benchmark": 0.5947970335099624, "alpha_pos_frac": 0.49640287769784175, "fund_max_dd": -0.14394450853912422, "first": "2014-07-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "asmmx": {"sym": "asmmx", "name": "INVESCO SUMMIT FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07221779473425402, "alpha_t_5y": -2.7620455426028334, "alpha_t_full": -2.7985997098081854, "r2_5y": 0.9347630677018498, "r2_full": 0.9082401983254714, "corr_portfolio": 0.15544116019908738, "corr_benchmark": 0.5993451612459074, "alpha_pos_frac": 0.574468085106383, "fund_max_dd": -0.4920716315814331, "first": "2005-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "asqix": {"sym": "asqix", "name": "SMALL COMPANY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003569504332893202, "alpha_t_5y": 0.1920809589627283, "alpha_t_full": 0.3761456737235568, "r2_5y": 0.9586732584222771, "r2_full": 0.9444364897988156, "corr_portfolio": 0.29289480334142154, "corr_benchmark": 0.5332395187707428, "alpha_pos_frac": 0.48627450980392156, "fund_max_dd": -0.6358085669164426, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "asrax": {"sym": "asrax", "name": "Invesco Global Real Estate Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.016202821011959412, "alpha_t_5y": -1.1038671132184634, "alpha_t_full": -0.8433436584409972, "r2_5y": 0.9239320394908429, "r2_full": 0.47944970121589625, "corr_portfolio": 0.278166413578444, "corr_benchmark": 0.611031001588412, "alpha_pos_frac": 0.7488789237668162, "fund_max_dd": -0.7856097614159634, "first": "2002-05-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "astex": {"sym": "astex", "name": "AMERICAN FUNDS SHORT-TERM TAX-EXEMPT BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01114293010585929, "alpha_t_5y": 1.9377373640958462, "alpha_t_full": 2.5146313028197027, "r2_5y": 0.33463860218701136, "r2_full": 0.26485323254355353, "corr_portfolio": 0.037701686976375604, "corr_benchmark": 0.2957943804963343, "alpha_pos_frac": 0.46733668341708545, "fund_max_dd": -0.054430118904711056, "first": "2009-08-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "asvix": {"sym": "asvix", "name": "SMALL CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01695737528004654, "alpha_t_5y": 0.5408782132612334, "alpha_t_full": 2.3558381869121208, "r2_5y": 0.8847886017226848, "r2_full": 0.8906004079858845, "corr_portfolio": 0.3409741560710824, "corr_benchmark": 0.47727544702948443, "alpha_pos_frac": 0.43529411764705883, "fund_max_dd": -0.5488621333327476, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "asylx": {"sym": "asylx", "name": "AB Select US Long/Short Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014911861426368508, "alpha_t_5y": 1.3672424657343596, "alpha_t_full": 1.1983126642578243, "r2_5y": 0.8955082293703375, "r2_full": 0.9215201422875486, "corr_portfolio": 0.3100471337195512, "corr_benchmark": 0.5552627812457924, "alpha_pos_frac": 0.5, "fund_max_dd": -0.1834452465867611, "first": "2012-12-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "atfax": {"sym": "atfax", "name": "Invesco Limited Term Municipal Income", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011441706711096154, "alpha_t_5y": 1.8294952371974633, "alpha_t_full": 3.3313712837921865, "r2_5y": 0.3673558275301111, "r2_full": 0.2917535640357868, "corr_portfolio": 0.05986052684904451, "corr_benchmark": 0.30226698987395606, "alpha_pos_frac": 0.5214007782101168, "fund_max_dd": -0.0717992440384162, "first": "2002-11-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "atoax": {"sym": "atoax", "name": "abrdn Ultra Short Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01881909610034018, "alpha_t_5y": 6.326736305398161, "alpha_t_full": 11.905208749114312, "r2_5y": 0.19504932269972375, "r2_full": 0.03325563529007569, "corr_portfolio": 0.055915486085780564, "corr_benchmark": 0.03244446557297513, "alpha_pos_frac": 0.3641025641025641, "fund_max_dd": -0.011239417601101809, "first": "2004-03-31", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "attyx": {"sym": "attyx", "name": "AB Tax-Aware Fixed Income Opportunities Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014627467935433952, "alpha_t_5y": 1.1499103022459904, "alpha_t_full": 1.8729982156848297, "r2_5y": 0.41238934789551174, "r2_full": 0.4285701549119232, "corr_portfolio": 0.11754577576422559, "corr_benchmark": 0.35213641945101126, "alpha_pos_frac": 0.5068493150684932, "fund_max_dd": -0.18602623539539576, "first": "2013-12-16", "verdict": "weak/unstable alpha", "alpha_name": false}, "atwax": {"sym": "atwax", "name": "AB Tax-Managed Wealth Appreciation Strategy", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012461559450596906, "alpha_t_5y": -1.2287173075228492, "alpha_t_full": -3.4049634777449906, "r2_5y": 0.9773148916580655, "r2_full": 0.9758779010342573, "corr_portfolio": 0.3293266908696463, "corr_benchmark": 0.6096465240975878, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.5931780509125283, "first": "2003-09-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "augax": {"sym": "augax", "name": "Columbia Quality Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010368820695668355, "alpha_t_5y": -1.1203725242670417, "alpha_t_full": -0.05243127263176494, "r2_5y": 0.9129888719007853, "r2_full": 0.5249923748377496, "corr_portfolio": -0.09675380342003924, "corr_benchmark": 0.571952442273569, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.2511190103751987, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "auiax": {"sym": "auiax", "name": "AB EQUITY INCOME FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018924610909761122, "alpha_t_5y": 1.253769831337443, "alpha_t_full": 3.8950515761101268, "r2_5y": 0.9435318657171591, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.35236252731601975, "corr_benchmark": 0.586318993977131, "alpha_pos_frac": 0.4663677130044843, "fund_max_dd": -0.4696839921726118, "first": "1993-10-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aunax": {"sym": "aunax", "name": "AB Municipal Bond Inflation Strategy", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009307800159657393, "alpha_t_5y": 0.7368087556445448, "alpha_t_full": 1.184302111540641, "r2_5y": 0.19242971875235004, "r2_full": 0.21030522570187937, "corr_portfolio": 0.1758125403949235, "corr_benchmark": 0.22724736677790008, "alpha_pos_frac": 0.5181347150259067, "fund_max_dd": -0.14218878942222746, "first": "2010-02-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "auuyx": {"sym": "auuyx", "name": "AB Select US Equity Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011447346406282727, "alpha_t_5y": 0.6033232155277348, "alpha_t_full": 0.8744181594426248, "r2_5y": 0.9167039198007073, "r2_full": 0.771659509591187, "corr_portfolio": 0.29845235513004115, "corr_benchmark": 0.5385151937189094, "alpha_pos_frac": 0.5058823529411764, "fund_max_dd": -0.3254505300848638, "first": "2011-12-12", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "avaax": {"sym": "avaax", "name": "AB Virginia Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0029988609107280345, "alpha_t_5y": 0.2476461713979967, "alpha_t_full": 6.584487796667654, "r2_5y": 0.41859150433601167, "r2_full": -2.886579864025407e-15, "corr_portfolio": 0.03299234887675384, "corr_benchmark": 0.3577632276935698, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.1390505909834746, "first": "1994-05-02", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "avalx": {"sym": "avalx", "name": "Aegis Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0646983849276763, "alpha_t_5y": 1.2367544136698854, "alpha_t_full": 2.761040409694405, "r2_5y": 0.6936053414852277, "r2_full": 0.5524756959749011, "corr_portfolio": 0.2789848556191489, "corr_benchmark": 0.36651474910166765, "alpha_pos_frac": 0.452914798206278, "fund_max_dd": -0.7371949445329175, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "aveax": {"sym": "aveax", "name": "Ave Maria Growth Focused Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0519497109384789, "alpha_t_5y": -1.1015903973556103, "alpha_t_full": -1.3542046670789627, "r2_5y": 0.7530807110384086, "r2_full": 0.7287160604643635, "corr_portfolio": 0.13312533902393495, "corr_benchmark": 0.5753243498959304, "alpha_pos_frac": 0.5142857142857142, "fund_max_dd": -0.44088830829523196, "first": "2020-05-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "avedx": {"sym": "avedx", "name": "Ave Maria Rising Dividend Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.028927426812141235, "alpha_t_5y": -1.1776141460109129, "alpha_t_full": 0.48129526098265757, "r2_5y": 0.8567609011530444, "r2_full": 0.9086292703739607, "corr_portfolio": 0.34685219473983747, "corr_benchmark": 0.5464295609057599, "alpha_pos_frac": 0.6042553191489362, "fund_max_dd": -0.49031627293513014, "first": "2005-05-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "avefx": {"sym": "avefx", "name": "Ave Maria Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016278589702056135, "alpha_t_5y": 1.909616565691396, "alpha_t_full": 2.6430885831300546, "r2_5y": 0.7605668028554265, "r2_full": 0.7434213478859115, "corr_portfolio": 0.2994274311223647, "corr_benchmark": 0.6889314419196622, "alpha_pos_frac": 0.49230769230769234, "fund_max_dd": -0.10242722740084176, "first": "2003-05-07", "verdict": "weak/unstable alpha", "alpha_name": false}, "avegx": {"sym": "avegx", "name": "Ave Maria Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.025082599437100058, "alpha_t_5y": -0.9229431150817636, "alpha_t_full": 0.20972944583349837, "r2_5y": 0.8768899321469337, "r2_full": 0.9083364000711496, "corr_portfolio": 0.252497779481658, "corr_benchmark": 0.6186337838469783, "alpha_pos_frac": 0.5739910313901345, "fund_max_dd": -0.49038482247753956, "first": "2003-05-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "avemx": {"sym": "avemx", "name": "Ave Maria Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01206824656774958, "alpha_t_5y": 0.29691313430305594, "alpha_t_full": 0.4140647765859962, "r2_5y": 0.7263075965258399, "r2_full": 0.8504472153623235, "corr_portfolio": 0.3595137175867439, "corr_benchmark": 0.4816307755654023, "alpha_pos_frac": 0.5063829787234042, "fund_max_dd": -0.6012215366159717, "first": "2001-05-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "averx": {"sym": "averx", "name": "Ave Maria Value Focused Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.056604592591457635, "alpha_t_5y": 0.9519606566885082, "alpha_t_full": 3.336601879367139, "r2_5y": 0.5914537249503735, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.3276225907177993, "corr_benchmark": 0.42620466438793286, "alpha_pos_frac": 0.4595744680851064, "fund_max_dd": -0.5877152567857522, "first": "1990-01-03", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "avewx": {"sym": "avewx", "name": "Ave Maria World Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02750352526257505, "alpha_t_5y": -1.2187830794885848, "alpha_t_full": -2.789439088575109, "r2_5y": 0.9019066176817011, "r2_full": 0.9259171532808828, "corr_portfolio": 0.34308242411368894, "corr_benchmark": 0.5937776665244057, "alpha_pos_frac": 0.5, "fund_max_dd": -0.40257358718224034, "first": "2010-05-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "awaax": {"sym": "awaax", "name": "AB Wealth Appreciation Strategy", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009944233736302826, "alpha_t_5y": -0.9814429580821334, "alpha_t_full": -2.7733901411423085, "r2_5y": 0.9774715803832776, "r2_full": 0.9705031083856047, "corr_portfolio": 0.32516917759619807, "corr_benchmark": 0.6089355263149222, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.6051321278227619, "first": "2003-09-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "awgix": {"sym": "awgix", "name": "CIBC ATLAS ALL CAP GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04441818637787485, "alpha_t_5y": -1.4781614047006648, "alpha_t_full": -1.688066039093322, "r2_5y": 0.8792409917715208, "r2_full": 0.879826537262298, "corr_portfolio": 0.19909059202363766, "corr_benchmark": 0.6031917354415813, "alpha_pos_frac": 0.5203619909502263, "fund_max_dd": -0.5281774895085942, "first": "2007-10-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "awpax": {"sym": "awpax", "name": "AB SUSTAINABLE INTERNATIONAL THEMATIC FUND, INC.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09635264535432933, "alpha_t_5y": -4.433103401264237, "alpha_t_full": 2.3426922610326852, "r2_5y": 0.9134788902964965, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.27969258458992424, "corr_benchmark": 0.5805211173100417, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.6300184034238479, "first": "1995-12-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "awsax": {"sym": "awsax", "name": "INVESCO Global Core Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.025075466062810827, "alpha_t_5y": -1.3632914754456238, "alpha_t_full": -0.1690178179725286, "r2_5y": 0.9215738801273399, "r2_full": 0.8864952140540019, "corr_portfolio": 0.30179109639654944, "corr_benchmark": 0.5783848830452537, "alpha_pos_frac": 0.49327354260089684, "fund_max_dd": -0.569935927484411, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "awshx": {"sym": "awshx", "name": "WASHINGTON MUTUAL INVESTORS FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011998326391298868, "alpha_t_5y": 0.889412026113081, "alpha_t_full": 4.220170059555265, "r2_5y": 0.9474527245479373, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.3470041192963953, "corr_benchmark": 0.5756819139374112, "alpha_pos_frac": 0.5191489361702127, "fund_max_dd": -0.5395102071911104, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "axbax": {"sym": "axbax", "name": "Columbia Capital Allocation Aggressive Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009903020743567864, "alpha_t_5y": -1.3023491617228282, "alpha_t_full": -2.0065751569661767, "r2_5y": 0.9830821325740421, "r2_full": 0.9658168848894417, "corr_portfolio": 0.3052500649008229, "corr_benchmark": 0.6450782269989903, "alpha_pos_frac": 0.517948717948718, "fund_max_dd": -0.5310840265655017, "first": "2004-03-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "azbax": {"sym": "azbax", "name": "Virtus Small-Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004673599919028924, "alpha_t_5y": 0.22674270773168687, "alpha_t_full": 0.04996541522635911, "r2_5y": 0.9369593345287851, "r2_full": 0.9434697464703002, "corr_portfolio": 0.2897213963708376, "corr_benchmark": 0.5522290690396443, "alpha_pos_frac": 0.5, "fund_max_dd": -0.40806740892868987, "first": "2013-07-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aznax": {"sym": "aznax", "name": "Virtus Income & Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.022754327215153202, "alpha_t_5y": -1.714581966014987, "alpha_t_full": -2.0648534451809653, "r2_5y": 0.9178009651980459, "r2_full": 0.9376527036672136, "corr_portfolio": 0.23295714683976038, "corr_benchmark": 0.6317288741190431, "alpha_pos_frac": 0.5087719298245614, "fund_max_dd": -0.4366871025830581, "first": "2007-03-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bacix": {"sym": "bacix", "name": "BLACKROCK ENERGY OPPORTUNITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04146966902938591, "alpha_t_5y": 0.716535161534573, "alpha_t_full": 0.09313743729990574, "r2_5y": 0.6693998815504536, "r2_full": 0.6110559246921092, "corr_portfolio": 0.3953517693774375, "corr_benchmark": 0.2787691184623408, "alpha_pos_frac": 0.4553191489361702, "fund_max_dd": -0.7781228333578925, "first": "2005-02-25", "verdict": "weak/unstable alpha", "alpha_name": false}, "bagix": {"sym": "bagix", "name": "Baird Aggregate Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": 5.32502780144016, "r2_5y": NaN, "r2_full": 0.07665055443966384, "corr_portfolio": -0.10349443677124642, "corr_benchmark": 0.5784224612496194, "alpha_pos_frac": 0.4954954954954955, "fund_max_dd": -0.08408877557685224, "first": "2000-10-02", "verdict": "no 5y window", "alpha_name": false}, "batex": {"sym": "batex", "name": "BATS: High Income Municipal Series", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018811979583745326, "alpha_t_5y": 0.97603005295404, "alpha_t_full": 2.368999587159864, "r2_5y": 0.33713052135840715, "r2_full": 0.3356254841687937, "corr_portfolio": 0.06968535813486498, "corr_benchmark": 0.2893713441144254, "alpha_pos_frac": 0.5539568345323741, "fund_max_dd": -0.1901113715326992, "first": "2014-08-06", "verdict": "weak/unstable alpha", "alpha_name": false}, "batpx": {"sym": "batpx", "name": "BATS: Interest Rate Hedge Series", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.030960038872998648, "alpha_t_5y": 3.3780698647973217, "alpha_t_full": 3.743901507261084, "r2_5y": 0.9483732695774286, "r2_full": 0.8999371023775684, "corr_portfolio": 0.20521104552674088, "corr_benchmark": -0.5874279856057909, "alpha_pos_frac": 0.38064516129032255, "fund_max_dd": -0.2467352989596696, "first": "2013-03-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bbcpx": {"sym": "bbcpx", "name": "Bridge Builder Core Plus Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006332214268573715, "alpha_t_5y": 1.2496155181288413, "alpha_t_full": 1.4344616257786449, "r2_5y": 0.9570101524079032, "r2_full": 0.9407418511592993, "corr_portfolio": -0.046217446928404425, "corr_benchmark": 0.7110073266445393, "alpha_pos_frac": 0.4921875, "fund_max_dd": -0.1783548681699827, "first": "2015-07-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bbhlx": {"sym": "bbhlx", "name": "BBH Partner Fund - International Equity", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05593989912648848, "alpha_t_5y": -1.3997738814321992, "alpha_t_full": 2.3095908717310194, "r2_5y": 0.7623598464225594, "r2_full": 5.551115123125783e-16, "corr_portfolio": 0.2553591554424498, "corr_benchmark": 0.5350999113185636, "alpha_pos_frac": 0.4618834080717489, "fund_max_dd": -0.5461906768395763, "first": "1995-04-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "bchyx": {"sym": "bchyx", "name": "CALIFORNIA HIGH-YIELD MUNICIPAL FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004907210484186062, "alpha_t_5y": 0.3249807535590938, "alpha_t_full": 6.402346028637227, "r2_5y": 0.4146627961637641, "r2_full": -1.1102230246251565e-15, "corr_portfolio": 0.03932388200017143, "corr_benchmark": 0.3536875591843055, "alpha_pos_frac": 0.5953757225433526, "fund_max_dd": -0.17631242039370532, "first": "1996-06-21", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "bciix": {"sym": "bciix", "name": "The Brown Capital Management International All Company Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.14037237307156003, "alpha_t_5y": -3.1667919230229225, "alpha_t_full": -2.311159432881256, "r2_5y": 0.6704043374173239, "r2_full": 0.648721069497733, "corr_portfolio": 0.12488389324425411, "corr_benchmark": 0.5681247700904081, "alpha_pos_frac": 0.6666666666666666, "fund_max_dd": -0.432159093950811, "first": "2019-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "bcitx": {"sym": "bcitx", "name": "CALIFORNIA INTERMEDIATE-TERM TAX-FREE BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005950988318996051, "alpha_t_5y": 0.6310169450615271, "alpha_t_full": 8.165783481968719, "r2_5y": 0.4049913416154779, "r2_full": 2.1094237467877974e-15, "corr_portfolio": 0.039737974046262066, "corr_benchmark": 0.337253851678768, "alpha_pos_frac": 0.5375722543352601, "fund_max_dd": -0.11182616860112693, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "bcoix": {"sym": "bcoix", "name": "Baird Core Plus Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009046908584923212, "alpha_t_5y": 2.285096046384829, "alpha_t_full": 2.818965958952286, "r2_5y": 0.9705475863500986, "r2_full": 0.8160981862066363, "corr_portfolio": -0.08115410658612981, "corr_benchmark": 0.722257823474074, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.18119399757278587, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bdsix": {"sym": "bdsix", "name": "BlackRock Advantage Small Cap Core Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0021709592787632122, "alpha_t_5y": 0.18404610188820072, "alpha_t_full": 0.7714409266596517, "r2_5y": 0.9847198916379473, "r2_full": 0.9796264254722205, "corr_portfolio": 0.263315077489379, "corr_benchmark": 0.5485685500991277, "alpha_pos_frac": 0.4967741935483871, "fund_max_dd": -0.4336059407333801, "first": "2013-03-18", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bearx": {"sym": "bearx", "name": "Federated Hermes Prudent Bear Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.019288941536378276, "alpha_t_5y": 1.302098853013213, "alpha_t_full": 3.224931137436774, "r2_5y": 0.9712239689056782, "r2_full": 0.8647653194800083, "corr_portfolio": -0.24280372831359748, "corr_benchmark": -0.6007443415225678, "alpha_pos_frac": 0.45414847161572053, "fund_max_dd": -0.942660190731094, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bfiax": {"sym": "bfiax", "name": "AMERICAN FUNDS INFLATION LINKED BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0007661596218339793, "alpha_t_5y": -0.05228184356795351, "alpha_t_full": 0.391445002112892, "r2_5y": 0.6641003951616216, "r2_full": 0.6506868245349047, "corr_portfolio": -0.08284191240370377, "corr_benchmark": 0.5337207726065842, "alpha_pos_frac": 0.5, "fund_max_dd": -0.16084630654805476, "first": "2012-12-17", "verdict": "weak/unstable alpha", "alpha_name": false}, "bflax": {"sym": "bflax", "name": "Lord Abbett Multi-Asset Balanced Opportunity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.022357735532510435, "alpha_t_5y": -1.8796166397835283, "alpha_t_full": 0.5860029940181443, "r2_5y": 0.9239162542024056, "r2_full": 0.8946990731548573, "corr_portfolio": 0.3206688120952309, "corr_benchmark": 0.6237577355062855, "alpha_pos_frac": 0.441025641025641, "fund_max_dd": -0.4235010445079658, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "bgatx": {"sym": "bgatx", "name": "Baillie Gifford Global Alpha Equities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08600696288589992, "alpha_t_5y": -2.740415817767659, "alpha_t_full": -0.33363674344370425, "r2_5y": 0.8671158155841098, "r2_full": 0.660448376419306, "corr_portfolio": 0.16192565986093974, "corr_benchmark": 0.517508839521358, "alpha_pos_frac": 0.5538461538461539, "fund_max_dd": -0.406817839522162, "first": "2015-04-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bgcbx": {"sym": "bgcbx", "name": "Baillie Gifford China Equities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08957329680686192, "alpha_t_5y": -1.2444994762006572, "alpha_t_full": -1.2444994762006572, "r2_5y": 0.633048993748515, "r2_full": 0.633048993748515, "corr_portfolio": -0.031437816100062695, "corr_benchmark": 0.24673545486516305, "alpha_pos_frac": 0.5178571428571429, "fund_max_dd": -0.5907098387685414, "first": "2021-07-08", "verdict": "weak/unstable alpha", "alpha_name": false}, "bgehx": {"sym": "bgehx", "name": "Baillie Gifford Emerging Markets Equities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.031825495240823266, "alpha_t_5y": -0.9700320285402007, "alpha_t_full": 0.3890278545479929, "r2_5y": 0.8785082525941162, "r2_full": 0.8108626439871942, "corr_portfolio": 0.252456398797194, "corr_benchmark": 0.46219772818703053, "alpha_pos_frac": 0.5, "fund_max_dd": -0.505301249681641, "first": "2015-04-28", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "bizd": {"sym": "bizd", "name": "VanEck BDC Income ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009316548799438258, "alpha_t_5y": 0.17477672174683068, "alpha_t_full": -0.38579665522765466, "r2_5y": 0.4751432901283884, "r2_full": 0.5092884726504063, "corr_portfolio": 0.2982373368361338, "corr_benchmark": 0.41367135989136106, "alpha_pos_frac": 0.5448717948717948, "fund_max_dd": -0.5543920531144313, "first": "2013-02-13", "verdict": "weak/unstable alpha", "alpha_name": false}, "blpax": {"sym": "blpax", "name": "American Funds Moderate Growth and Income Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0035657209832503966, "alpha_t_5y": 0.4717302093949635, "alpha_t_full": 0.707139270102533, "r2_5y": 0.9699276410546112, "r2_full": 0.9715446358216885, "corr_portfolio": 0.33121390379354715, "corr_benchmark": 0.6941341899459263, "alpha_pos_frac": 0.5272727272727272, "fund_max_dd": -0.23212053010197242, "first": "2012-05-21", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "bndw": {"sym": "bndw", "name": "Vanguard Total World Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0006847186327241348, "alpha_t_5y": 0.11674093613362044, "alpha_t_full": -0.10636819889925052, "r2_5y": 0.9246069120850632, "r2_full": 0.8926618024462147, "corr_portfolio": -0.1030686112694082, "corr_benchmark": 0.7643849147456302, "alpha_pos_frac": 0.5333333333333333, "fund_max_dd": -0.17211503533105232, "first": "2018-09-07", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bnglx": {"sym": "bnglx", "name": "UBS GLOBAL ALLOCATION FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015603647501308205, "alpha_t_5y": -1.1542498702367867, "alpha_t_full": 2.1692582451671707, "r2_5y": 0.9086380104954005, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.341106470754438, "corr_benchmark": 0.6558931754696289, "alpha_pos_frac": 0.45664739884393063, "fund_max_dd": -0.5323052815138649, "first": "1997-07-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bniex": {"sym": "bniex", "name": "UBS International Sustainable Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011963312313234295, "alpha_t_5y": -0.4743550653461687, "alpha_t_full": 0.48699428308609916, "r2_5y": 0.8420138400412615, "r2_full": 0.8391055398395169, "corr_portfolio": 0.3821962016536943, "corr_benchmark": 0.5171807136831313, "alpha_pos_frac": 0.46808510638297873, "fund_max_dd": -0.6118458860229548, "first": "2001-08-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "bogsx": {"sym": "bogsx", "name": "BLACK OAK EMERGING TECHNOLOGY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008179141710026554, "alpha_t_5y": -0.22788023451768583, "alpha_t_full": -2.787371315703834, "r2_5y": 0.8912615797702188, "r2_full": 0.8171913415003416, "corr_portfolio": 0.16068901313405165, "corr_benchmark": 0.5640265184913473, "alpha_pos_frac": 0.5298804780876494, "fund_max_dd": -0.928024507948035, "first": "2001-01-02", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "brudx": {"sym": "brudx", "name": "MFS Blended Research Value Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.026629717456098562, "alpha_t_5y": 1.7124305747116306, "alpha_t_full": 0.9256180175136872, "r2_5y": 0.9376094542125094, "r2_full": 0.951755554670608, "corr_portfolio": 0.3869012727262534, "corr_benchmark": 0.5492786962171395, "alpha_pos_frac": 0.472, "fund_max_dd": -0.38744584326744747, "first": "2015-09-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "brwax": {"sym": "brwax", "name": "MFS Blended Research Growth Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01822858608088932, "alpha_t_5y": -1.1518059107159384, "alpha_t_full": -2.029669818829421, "r2_5y": 0.9684907101436019, "r2_full": 0.966532742217006, "corr_portfolio": 0.1514470927055474, "corr_benchmark": 0.6398616993424874, "alpha_pos_frac": 0.496, "fund_max_dd": -0.3225611864103761, "first": "2015-09-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "brxax": {"sym": "brxax", "name": "MFS Blended Research International Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03645352763041482, "alpha_t_5y": 2.0415586597490436, "alpha_t_full": 0.9555044761671815, "r2_5y": 0.9191820476197231, "r2_full": 0.933993508323186, "corr_portfolio": 0.3908893793034419, "corr_benchmark": 0.5373069500026164, "alpha_pos_frac": 0.48, "fund_max_dd": -0.36586131080541406, "first": "2015-09-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bsbix": {"sym": "bsbix", "name": "Baird Short-Term Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": 3.7711532082316808, "r2_5y": NaN, "r2_full": 0.44553505304670393, "corr_portfolio": -0.0969138704071855, "corr_benchmark": 0.311842233651157, "alpha_pos_frac": 0.5085714285714286, "fund_max_dd": -0.04591485709791521, "first": "2004-09-03", "verdict": "no 5y window", "alpha_name": false}, "bsnix": {"sym": "bsnix", "name": "Baird Strategic Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.019655340763136762, "alpha_t_5y": 2.350948338078365, "alpha_t_full": 2.567616585839276, "r2_5y": 0.3764605202977016, "r2_full": 0.3476835521327567, "corr_portfolio": 0.06293023209942626, "corr_benchmark": 0.374716062994073, "alpha_pos_frac": 0.5066666666666667, "fund_max_dd": -0.09580545760994341, "first": "2019-11-18", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "btbfx": {"sym": "btbfx", "name": "Boston Trust Asset Management Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.025921232957640917, "alpha_t_5y": -1.9068286733378899, "alpha_t_full": 2.5570862814669333, "r2_5y": 0.9245454283628863, "r2_full": 0.8870815013800263, "corr_portfolio": 0.29031676763168085, "corr_benchmark": 0.6307344453040894, "alpha_pos_frac": 0.5067264573991032, "fund_max_dd": -0.2787549013625352, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "btefx": {"sym": "btefx", "name": "Boston Trust Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.025049273051498174, "alpha_t_5y": -1.617575519147931, "alpha_t_full": 0.04639762749554345, "r2_5y": 0.9398120064977606, "r2_full": 0.9502974621271335, "corr_portfolio": 0.3102134274820844, "corr_benchmark": 0.5828695219380253, "alpha_pos_frac": 0.515695067264574, "fund_max_dd": -0.4767006118236323, "first": "2003-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "btiix": {"sym": "btiix", "name": "DWS Equity 500 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0009114126656242742, "alpha_t_5y": -0.2552698234559087, "alpha_t_full": -0.15535175268899493, "r2_5y": 0.9974333631362978, "r2_full": 0.9808980778877044, "corr_portfolio": 0.28282764728644855, "corr_benchmark": 0.6165483206734501, "alpha_pos_frac": 0.5145631067961165, "fund_max_dd": -0.5523776389791125, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "btmfx": {"sym": "btmfx", "name": "Boston Trust Midcap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013041770582567854, "alpha_t_5y": -0.568189032512805, "alpha_t_full": 1.1635660562266301, "r2_5y": 0.8766704471988135, "r2_full": 0.9189419309877138, "corr_portfolio": 0.3319391498863168, "corr_benchmark": 0.5622587762080522, "alpha_pos_frac": 0.5113122171945701, "fund_max_dd": -0.5057141589168932, "first": "2007-10-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "btmix": {"sym": "btmix", "name": "Baird Short-Term Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01640159072284721, "alpha_t_5y": 2.83207932835309, "alpha_t_full": 3.483938025396266, "r2_5y": 0.25716868717885044, "r2_full": 0.2477404238095221, "corr_portfolio": 0.04877994949248887, "corr_benchmark": 0.3119727384381615, "alpha_pos_frac": 0.5555555555555556, "fund_max_dd": -0.06340058474888499, "first": "2015-09-01", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "btsmx": {"sym": "btsmx", "name": "Boston Trust SMID Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002180203247648455, "alpha_t_5y": -0.09084950059165557, "alpha_t_full": 0.9146728669841601, "r2_5y": 0.8817921503386693, "r2_full": 0.7846352676631999, "corr_portfolio": 0.3068438211099643, "corr_benchmark": 0.5048408703047145, "alpha_pos_frac": 0.4152046783625731, "fund_max_dd": -0.38038144969605914, "first": "2011-12-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bubsx": {"sym": "bubsx", "name": "Baird Ultra Short Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01773404599391841, "alpha_t_5y": 5.422586799408942, "alpha_t_full": 7.945263329705797, "r2_5y": 0.18850104948600865, "r2_full": 0.13407608372312196, "corr_portfolio": 0.039249728754247065, "corr_benchmark": 0.16019893834935847, "alpha_pos_frac": 0.3972602739726027, "fund_max_dd": -0.018848081804421213, "first": "2014-01-06", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "bufgx": {"sym": "bufgx", "name": "Buffalo Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.053694298932619164, "alpha_t_5y": -2.505208242390493, "alpha_t_full": -0.08475826536341372, "r2_5y": 0.9419870886126203, "r2_full": 0.9086639871233305, "corr_portfolio": 0.1629044849287588, "corr_benchmark": 0.6277052617606169, "alpha_pos_frac": 0.517948717948718, "fund_max_dd": -0.5065123626359362, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bufmx": {"sym": "bufmx", "name": "Buffalo Mid Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.10008729343715835, "alpha_t_5y": -3.0618019561227587, "alpha_t_full": -1.752971370011638, "r2_5y": 0.8533229733339578, "r2_full": 0.8717058957533128, "corr_portfolio": 0.1832470852859033, "corr_benchmark": 0.6074947100590657, "alpha_pos_frac": 0.521551724137931, "fund_max_dd": -0.5764281171806743, "first": "2001-12-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "buftx": {"sym": "buftx", "name": "Buffalo Mid Cap Discovery Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.11003086815207037, "alpha_t_5y": -3.436881105810133, "alpha_t_full": -1.412594412438514, "r2_5y": 0.872006858621063, "r2_full": 0.877121805241976, "corr_portfolio": 0.16452743835989508, "corr_benchmark": 0.6117807994199662, "alpha_pos_frac": 0.556420233463035, "fund_max_dd": -0.6044963225041238, "first": "2001-04-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bxfcx": {"sym": "bxfcx", "name": "MML Barings Global Floating Rate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.029100961358725738, "alpha_t_5y": 3.4359065119621763, "alpha_t_full": 2.4304514997801188, "r2_5y": 0.42552850957237287, "r2_full": 0.5772225765556389, "corr_portfolio": 0.3176191729169925, "corr_benchmark": 0.21481893995903636, "alpha_pos_frac": 0.4697986577181208, "fund_max_dd": -0.22324901580768086, "first": "2013-09-17", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "bxitx": {"sym": "bxitx", "name": "MML Barings Unconstrained Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0037112112746596967, "alpha_t_5y": -0.28238628976364794, "alpha_t_full": 2.5468435295429734, "r2_5y": 0.5056025247840432, "r2_full": 0.6211505032166098, "corr_portfolio": 0.31098166796243903, "corr_benchmark": 0.26962812340936443, "alpha_pos_frac": 0.5369127516778524, "fund_max_dd": -0.24863348369243166, "first": "2013-09-17", "verdict": "weak/unstable alpha", "alpha_name": false}, "cabdx": {"sym": "cabdx", "name": "AB RELATIVE VALUE FUND, INC.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01688728798911227, "alpha_t_5y": 0.92785161175982, "alpha_t_full": 3.2687846347821083, "r2_5y": 0.9097028368139576, "r2_full": -1.7763568394002505e-15, "corr_portfolio": 0.4020338058839423, "corr_benchmark": 0.5313385053392616, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.5740208303115659, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "cabix": {"sym": "cabix", "name": "AB GLOBAL RISK ALLOCATION FUND, INC.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.001291960694234989, "alpha_t_5y": -0.1012090629895647, "alpha_t_full": -0.5420762428779787, "r2_5y": 0.8845638778610537, "r2_full": 0.8378160490700229, "corr_portfolio": 0.30433399548201784, "corr_benchmark": 0.7062567757399001, "alpha_pos_frac": 0.4666666666666667, "fund_max_dd": -0.43568595855945036, "first": "2005-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "caeax": {"sym": "caeax", "name": "Columbia Acorn European Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07527783983572485, "alpha_t_5y": -1.823156884632709, "alpha_t_full": -0.9590016652411144, "r2_5y": 0.7908705059158136, "r2_full": 0.7800016709053588, "corr_portfolio": 0.23604839174006473, "corr_benchmark": 0.5328301964537524, "alpha_pos_frac": 0.5287356321839081, "fund_max_dd": -0.5112113867998018, "first": "2011-08-19", "verdict": "weak/unstable alpha", "alpha_name": false}, "caibx": {"sym": "caibx", "name": "CAPITAL INCOME BUILDER", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02439801259385405, "alpha_t_5y": 2.1284474731510885, "alpha_t_full": 5.389208392006576, "r2_5y": 0.9241975285123762, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.40862954797602363, "corr_benchmark": 0.624624650766981, "alpha_pos_frac": 0.48205128205128206, "fund_max_dd": -0.4322382118728304, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "canax": {"sym": "canax", "name": "American Funds Strategic Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0016139060987969947, "alpha_t_5y": -0.157864930449631, "alpha_t_full": 1.484633033482392, "r2_5y": 0.8411806618158142, "r2_full": 0.8007747988944349, "corr_portfolio": -0.13472484858628656, "corr_benchmark": 0.5238826173570144, "alpha_pos_frac": 0.37815126050420167, "fund_max_dd": -0.19331479637359805, "first": "2016-03-22", "verdict": "weak/unstable alpha", "alpha_name": false}, "capax": {"sym": "capax", "name": "Federated Hermes Capital Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0029460867673339777, "alpha_t_5y": -0.38418848003812034, "alpha_t_full": 3.75988586451022, "r2_5y": 0.9465025422365841, "r2_full": -1.7763568394002505e-15, "corr_portfolio": 0.3398230925944674, "corr_benchmark": 0.6680600164093814, "alpha_pos_frac": 0.5230769230769231, "fund_max_dd": -0.5308023128796993, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cavax": {"sym": "cavax", "name": "Catholic Values Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.018769046809564056, "alpha_t_5y": -1.7992118954654537, "alpha_t_full": -0.5774351324929683, "r2_5y": 0.97544093081433, "r2_full": 0.9294726166538734, "corr_portfolio": 0.3277824326129511, "corr_benchmark": 0.5921719989472143, "alpha_pos_frac": 0.4153846153846154, "fund_max_dd": -0.36554309691318876, "first": "2015-05-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cbhcx": {"sym": "cbhcx", "name": "Victory Market Neutral Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03808337401398237, "alpha_t_5y": 2.427362028982236, "alpha_t_full": 2.129300539898138, "r2_5y": 0.06993653699532021, "r2_full": 0.03704817892297507, "corr_portfolio": 0.10648062246387816, "corr_benchmark": -0.06978128142804037, "alpha_pos_frac": 0.5220125786163522, "fund_max_dd": -0.08258422957506384, "first": "2012-11-20", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": true}, "cblax": {"sym": "cblax", "name": "Columbia Balanced Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005425468197239788, "alpha_t_5y": -0.7667399798703909, "alpha_t_full": 0.03445141785037863, "r2_5y": 0.976968335364994, "r2_full": 0.9653117732155194, "corr_portfolio": 0.25242536057339715, "corr_benchmark": 0.7050869550545731, "alpha_pos_frac": 0.5025641025641026, "fund_max_dd": -0.34706795606982377, "first": "2002-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cbon": {"sym": "cbon", "name": "VanEck China Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02248684293653033, "alpha_t_5y": 1.2659539573610057, "alpha_t_full": 1.3407080569537542, "r2_5y": 0.28461015561279834, "r2_full": 0.15127144581048424, "corr_portfolio": 0.06769148971140691, "corr_benchmark": 0.18985244827332473, "alpha_pos_frac": 0.5481481481481482, "fund_max_dd": -0.14128691044934494, "first": "2014-11-12", "verdict": "weak/unstable alpha", "alpha_name": false}, "cbsax": {"sym": "cbsax", "name": "Columbia Select Mid Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03321308174592239, "alpha_t_5y": -0.7763539101916733, "alpha_t_full": -1.4510515389780227, "r2_5y": 0.836846613119818, "r2_full": 0.8783224289863878, "corr_portfolio": 0.11799380942141321, "corr_benchmark": 0.5941979928672352, "alpha_pos_frac": 0.4928571428571429, "fund_max_dd": -0.5661812934540207, "first": "2002-11-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "ccasx": {"sym": "ccasx", "name": "Conestoga Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07544996174720443, "alpha_t_5y": -2.161870060224454, "alpha_t_full": 0.7275631957259397, "r2_5y": 0.8536944290326242, "r2_full": 0.840343893755094, "corr_portfolio": 0.1597854724044828, "corr_benchmark": 0.5558375500306847, "alpha_pos_frac": 0.5260115606936416, "fund_max_dd": -0.4801324623431552, "first": "2002-01-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cccmx": {"sym": "cccmx", "name": "Capital Group California Core Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009098653576299614, "alpha_t_5y": 1.1707228748521585, "alpha_t_full": 1.985780611183546, "r2_5y": 0.31944082602705026, "r2_full": 0.25017102856415163, "corr_portfolio": 0.016158922618857183, "corr_benchmark": 0.3329490972545163, "alpha_pos_frac": 0.5421052631578948, "fund_max_dd": -0.07579903015368528, "first": "2010-04-16", "verdict": "weak/unstable alpha", "alpha_name": false}, "ccfax": {"sym": "ccfax", "name": "American Funds College 2036 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010276973776639695, "alpha_t_5y": -1.1000603420767707, "alpha_t_full": -0.8215446678973327, "r2_5y": 0.9627572263392163, "r2_full": 0.9668671085882542, "corr_portfolio": 0.2444390401318746, "corr_benchmark": 0.7020932312602941, "alpha_pos_frac": 0.5729166666666666, "fund_max_dd": -0.25797870646682486, "first": "2018-02-26", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ccrsx": {"sym": "ccrsx", "name": "Cantor Fitzgerald Commodity Return Strategy Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01595662510665855, "alpha_t_5y": 0.7867228692498865, "alpha_t_full": 0.39797015124126073, "r2_5y": 0.9095849916537707, "r2_full": 0.9110010924504629, "corr_portfolio": 0.21529015826697542, "corr_benchmark": 0.10841244251342742, "alpha_pos_frac": 0.4525862068965517, "fund_max_dd": -0.7309675891445069, "first": "2006-10-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ccsax": {"sym": "ccsax", "name": "Columbia Commodity Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0266998035371718, "alpha_t_5y": 1.0992298809752896, "alpha_t_full": 0.525308218423509, "r2_5y": 0.8839795401479902, "r2_full": 0.8882508560202994, "corr_portfolio": 0.2259886693211108, "corr_benchmark": 0.10685603566950336, "alpha_pos_frac": 0.4695121951219512, "fund_max_dd": -0.6208447909818353, "first": "2012-06-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ccsmx": {"sym": "ccsmx", "name": "Conestoga SMid Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07985250502266501, "alpha_t_5y": -2.2611728571239285, "alpha_t_full": -1.6693321390934581, "r2_5y": 0.8311063767816753, "r2_full": 0.8570919215130052, "corr_portfolio": 0.16673439861064654, "corr_benchmark": 0.587111731906019, "alpha_pos_frac": 0.5793103448275863, "fund_max_dd": -0.3734061589669486, "first": "2014-01-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "cdazx": {"sym": "cdazx", "name": "Multi-Manager Directional Alternative Strategies Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.05512684432523355, "alpha_t_5y": 2.2291065782162365, "alpha_t_full": 0.24661830289541073, "r2_5y": 0.6012669420463201, "r2_full": 0.7197363703485559, "corr_portfolio": 0.4579231297920752, "corr_benchmark": 0.4914274850949033, "alpha_pos_frac": 0.45871559633027525, "fund_max_dd": -0.30928871122470447, "first": "2017-01-13", "verdict": "weak/unstable alpha", "alpha_name": true}, "cdcdx": {"sym": "cdcdx", "name": "THE COMMUNITY DEVELOPMENT FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010947632662156858, "alpha_t_5y": 1.9568285532426999, "alpha_t_full": 1.0987546585289134, "r2_5y": 0.8443491484976414, "r2_full": 0.644483728541007, "corr_portfolio": -0.1136834692366959, "corr_benchmark": 0.5213016053902977, "alpha_pos_frac": 0.5338983050847458, "fund_max_dd": -0.10358844254996025, "first": "2016-05-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "cdgrx": {"sym": "cdgrx", "name": "Copeland Dividend Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.027694099283993866, "alpha_t_5y": -1.5647863153740516, "alpha_t_full": -1.925983849147062, "r2_5y": 0.9333186401090277, "r2_full": 0.8709046830155336, "corr_portfolio": 0.2969700835023504, "corr_benchmark": 0.6143171121842597, "alpha_pos_frac": 0.5769230769230769, "fund_max_dd": -0.3624902125676289, "first": "2010-12-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cdhax": {"sym": "cdhax", "name": "Calvert International Responsible Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0037413751697129146, "alpha_t_5y": 0.32292659269961743, "alpha_t_full": 0.014198399677314524, "r2_5y": 0.9720867439726146, "r2_full": 0.9671636643390646, "corr_portfolio": 0.33924694881077827, "corr_benchmark": 0.5844117180850429, "alpha_pos_frac": 0.4596774193548387, "fund_max_dd": -0.3230770504420455, "first": "2015-11-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cefix": {"sym": "cefix", "name": "Calvert Emerging Markets Advancement Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.029656464659150946, "alpha_t_5y": 0.9145839012673592, "alpha_t_full": 0.880130541010919, "r2_5y": 0.7887844742710268, "r2_full": 0.8316927964575704, "corr_portfolio": 0.2552762342686834, "corr_benchmark": 0.464575645419557, "alpha_pos_frac": 0.4935064935064935, "fund_max_dd": -0.30728235549270944, "first": "2019-10-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "cemgx": {"sym": "cemgx", "name": "Cullen Emerging Markets High Dividend Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04490262560145535, "alpha_t_5y": 1.1559340414473251, "alpha_t_full": 0.47367809151144186, "r2_5y": 0.6124804988150656, "r2_full": 0.6846756451974962, "corr_portfolio": 0.38024233708245986, "corr_benchmark": 0.39006789903807254, "alpha_pos_frac": 0.47530864197530864, "fund_max_dd": -0.4013294411950058, "first": "2012-09-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "cemvx": {"sym": "cemvx", "name": "Causeway Emerging Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.025735017062383153, "alpha_t_5y": 0.6807332072690758, "alpha_t_full": 0.19264167838541002, "r2_5y": 0.7840420951116069, "r2_full": 0.8694273618214803, "corr_portfolio": 0.31132981988565955, "corr_benchmark": 0.41429115077271045, "alpha_pos_frac": 0.48878923766816146, "fund_max_dd": -0.7047792194731916, "first": "2007-04-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "cenax": {"sym": "cenax", "name": "American Funds College Enrollment Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007605427337087165, "alpha_t_5y": 1.392714385719712, "alpha_t_full": 1.3267172803217464, "r2_5y": 0.8656740617073854, "r2_full": 0.792257743433864, "corr_portfolio": -0.08282129629361833, "corr_benchmark": 0.639868542336852, "alpha_pos_frac": 0.37888198757763975, "fund_max_dd": -0.1048312010051764, "first": "2012-09-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cetfx": {"sym": "cetfx", "name": "Morningstar Conservative ETF Asset Allocation Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005315520635503621, "alpha_t_5y": -1.1334088904760729, "alpha_t_full": -3.026647118687295, "r2_5y": 0.9629986319847437, "r2_full": 0.9180719154567085, "corr_portfolio": 0.203258708962709, "corr_benchmark": 0.8816309733044663, "alpha_pos_frac": 0.4618834080717489, "fund_max_dd": -0.16495394631935656, "first": "2007-05-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cfagx": {"sym": "cfagx", "name": "The MidCap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06165279920546126, "alpha_t_5y": -2.248082990299521, "alpha_t_full": -1.4286439021386665, "r2_5y": 0.874572829348992, "r2_full": 0.8989248692858289, "corr_portfolio": 0.23760368722835007, "corr_benchmark": 0.6136384921104272, "alpha_pos_frac": 0.5431034482758621, "fund_max_dd": -0.6105441793333631, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cfbnx": {"sym": "cfbnx", "name": "The Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007539242701984228, "alpha_t_5y": 1.247011200709692, "alpha_t_full": 5.665530991333767, "r2_5y": 0.9292106821790223, "r2_full": 2.220446049250313e-16, "corr_portfolio": -0.07413933997885729, "corr_benchmark": 0.6642348098707745, "alpha_pos_frac": 0.5260115606936416, "fund_max_dd": -0.17284720384081453, "first": "1994-12-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cfgrx": {"sym": "cfgrx", "name": "The Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.025877374626076317, "alpha_t_5y": -1.819466874596007, "alpha_t_full": -0.5251812087027348, "r2_5y": 0.9694661431068285, "r2_full": 0.9478748853109401, "corr_portfolio": 0.19465803678240173, "corr_benchmark": 0.6340787784905233, "alpha_pos_frac": 0.5664739884393064, "fund_max_dd": -0.5644467174364575, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cfiax": {"sym": "cfiax", "name": "Columbia Flexible Capital Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006730084105295528, "alpha_t_5y": 0.5686247611124834, "alpha_t_full": 1.1547287472911607, "r2_5y": 0.9140397527449133, "r2_full": 0.9262590176549129, "corr_portfolio": 0.39431784807985487, "corr_benchmark": 0.576525039179415, "alpha_pos_frac": 0.4857142857142857, "fund_max_dd": -0.31216721204475395, "first": "2011-07-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cficx": {"sym": "cficx", "name": "Calvert Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008365142218954002, "alpha_t_5y": 1.5609147770996412, "alpha_t_full": 7.063520325401359, "r2_5y": 0.9466059111447928, "r2_full": -6.661338147750939e-16, "corr_portfolio": 0.015888564198465346, "corr_benchmark": 0.7042332738321989, "alpha_pos_frac": 0.5433526011560693, "fund_max_dd": -0.2079567424858244, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cfimx": {"sym": "cfimx", "name": "Clipper Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.17037398723874972, "alpha_t_5y": -1.0097494551582928, "alpha_t_full": 0.9804977573579704, "r2_5y": 0.10614664908510696, "r2_full": 0.0, "corr_portfolio": 0.17530675769053233, "corr_benchmark": 0.28415155143999454, "alpha_pos_frac": 0.695067264573991, "fund_max_dd": -0.9105629567427087, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "cfipx": {"sym": "cfipx", "name": "Franklin Global Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.015701348500762616, "alpha_t_5y": 1.2746976430082784, "alpha_t_full": 2.576708752402696, "r2_5y": 0.9666926248581811, "r2_full": 7.771561172376096e-16, "corr_portfolio": 0.36428903528165235, "corr_benchmark": 0.5947516337991512, "alpha_pos_frac": 0.47398843930635837, "fund_max_dd": -0.6055689419129171, "first": "1991-03-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cfmox": {"sym": "cfmox", "name": "The Missouri Tax-Free Intermediate Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0004979936668935363, "alpha_t_5y": 0.044312819725945994, "alpha_t_full": 6.674427751130632, "r2_5y": 0.35866898030479233, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.022439878603947822, "corr_benchmark": 0.34322588289711503, "alpha_pos_frac": 0.5371024734982333, "fund_max_dd": -0.117201485687628, "first": "1995-02-22", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "cfnlx": {"sym": "cfnlx", "name": "The National Tax-Free Intermediate Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0038803551239694756, "alpha_t_5y": 0.38090361349644447, "alpha_t_full": 6.846367932826881, "r2_5y": 0.41752893581431183, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.01832507354325999, "corr_benchmark": 0.3630512001254107, "alpha_pos_frac": 0.5260115606936416, "fund_max_dd": -0.1185173418778217, "first": "1995-02-22", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "cfrax": {"sym": "cfrax", "name": "Catalyst/CIFC Senior Secured Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020324349410280905, "alpha_t_5y": 2.010224065892803, "alpha_t_full": 3.377643210462281, "r2_5y": 0.47614491578484186, "r2_full": 0.508738617488032, "corr_portfolio": 0.29318873586765865, "corr_benchmark": 0.2224216115476236, "alpha_pos_frac": 0.5189873417721519, "fund_max_dd": -0.19236067642081212, "first": "2013-01-03", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "cfsix": {"sym": "cfsix", "name": "TOUCHSTONE SANDS CAPITAL SELECT GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.12361977497688655, "alpha_t_5y": -2.45599202585367, "alpha_t_full": -2.3739707465723137, "r2_5y": 0.841740146942678, "r2_full": 0.8579286428470279, "corr_portfolio": 0.03687364903187224, "corr_benchmark": 0.5758838793035987, "alpha_pos_frac": 0.5542635658914729, "fund_max_dd": -0.602446361406143, "first": "2004-08-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "cfvax": {"sym": "cfvax", "name": "Catholic Values Fixed Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0046328597342836335, "alpha_t_5y": -0.9840439936916265, "alpha_t_full": -1.0541567305138493, "r2_5y": 0.9675020404819887, "r2_full": 0.9248027102822656, "corr_portfolio": -0.06568406127744893, "corr_benchmark": 0.7236833034039607, "alpha_pos_frac": 0.5076923076923077, "fund_max_dd": -0.20489099043643255, "first": "2015-05-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cfvlx": {"sym": "cfvlx", "name": "The Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0009354988260709048, "alpha_t_5y": -0.05220817997351251, "alpha_t_full": 0.5701165105432329, "r2_5y": 0.9081972589584191, "r2_full": 0.9028709445018627, "corr_portfolio": 0.412172699754171, "corr_benchmark": 0.510626224630156, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.5889876474742121, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cgafx": {"sym": "cgafx", "name": "Calvert Green Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002461301996483503, "alpha_t_5y": -0.4230337648879898, "alpha_t_full": 0.5817927953415453, "r2_5y": 0.9169477995828934, "r2_full": 0.87854658944575, "corr_portfolio": -0.07830314053756096, "corr_benchmark": 0.6686849689868236, "alpha_pos_frac": 0.5540540540540541, "fund_max_dd": -0.17397171727534122, "first": "2013-11-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cgoax": {"sym": "cgoax", "name": "Columbia Small Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03273558003657253, "alpha_t_5y": -0.8077086681957764, "alpha_t_full": -0.5257401516566897, "r2_5y": 0.87755687581831, "r2_full": 0.8990526077558401, "corr_portfolio": 0.11465669828547256, "corr_benchmark": 0.5665998374258396, "alpha_pos_frac": 0.5204918032786885, "fund_max_dd": -0.5577514211992851, "first": "2005-11-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cgvyx": {"sym": "cgvyx", "name": "American Funds Global Insight Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015442879116711416, "alpha_t_5y": -1.148885700017561, "alpha_t_full": -0.9122930540096762, "r2_5y": 0.953453595922758, "r2_full": 0.9634666078444183, "corr_portfolio": 0.26356185895058504, "corr_benchmark": 0.648308613904745, "alpha_pos_frac": 0.3684210526315789, "fund_max_dd": -0.29748281971314616, "first": "2019-11-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "chcgx": {"sym": "chcgx", "name": "The Chesapeake Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0772033321425639, "alpha_t_5y": -3.7581041299638005, "alpha_t_full": -2.2567374382224448, "r2_5y": 0.9272026528065018, "r2_full": 0.9184366712606744, "corr_portfolio": 0.21006977881343883, "corr_benchmark": 0.5881868425369062, "alpha_pos_frac": 0.4886731391585761, "fund_max_dd": -0.601084686848129, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "chclx": {"sym": "chclx", "name": "AB DISCOVERY GROWTH FUND, INC.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08191028054215313, "alpha_t_5y": -2.160011913124591, "alpha_t_full": 2.567601140315927, "r2_5y": 0.8823268112296507, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.1391082167024179, "corr_benchmark": 0.5726830741983071, "alpha_pos_frac": 0.5048543689320388, "fund_max_dd": -0.6385221952474616, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "chtrx": {"sym": "chtrx", "name": "Invesco Charter Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.017936199940782393, "alpha_t_5y": -1.6171710690422203, "alpha_t_full": 3.4918871964877476, "r2_5y": 0.9746759732740281, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.249148718749115, "corr_benchmark": 0.5533899799829015, "alpha_pos_frac": 0.56957928802589, "fund_max_dd": -0.5629758141581238, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "chusx": {"sym": "chusx", "name": "ALGER GLOBAL EQUITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09548240032398103, "alpha_t_5y": -3.1803330794864824, "alpha_t_full": -1.7708500659841613, "r2_5y": 0.8917704954757504, "r2_full": 0.8341698118724029, "corr_portfolio": 0.20284846945399435, "corr_benchmark": 0.6051638101755797, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.6609988992501596, "first": "2003-11-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cibr": {"sym": "cibr", "name": "First Trust NASDAQ Cybersecurity ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020588566212597734, "alpha_t_5y": 0.32727052779107013, "alpha_t_full": 0.25434240829191607, "r2_5y": 0.6457368693434551, "r2_full": 0.6870888638026249, "corr_portfolio": 0.0900177648008925, "corr_benchmark": 0.5471893808387889, "alpha_pos_frac": 0.4609375, "fund_max_dd": -0.3388776581024162, "first": "2015-07-08", "verdict": "weak/unstable alpha", "alpha_name": false}, "cigyx": {"sym": "cigyx", "name": "AB International Growth Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.13755087194007032, "alpha_t_5y": -4.766381162465042, "alpha_t_full": -3.3545051433295967, "r2_5y": 0.8716413362417086, "r2_full": 0.8747755683400011, "corr_portfolio": 0.23867671110891847, "corr_benchmark": 0.5753477865285921, "alpha_pos_frac": 0.5538461538461539, "fund_max_dd": -0.4501823058669454, "first": "2015-04-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "clazx": {"sym": "clazx", "name": "Columbia Multi Strategy Alternatives Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.030407403284563123, "alpha_t_5y": 1.7167110474117429, "alpha_t_full": -0.5302875244297963, "r2_5y": 0.11693010766456258, "r2_full": 0.08960159569746606, "corr_portfolio": 0.3536996714256518, "corr_benchmark": 0.13340323696408043, "alpha_pos_frac": 0.5338345864661654, "fund_max_dd": -0.2944760958467697, "first": "2015-01-30", "verdict": "weak/unstable alpha", "alpha_name": true}, "cldax": {"sym": "cldax", "name": "Calvert Core Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00045855992144905284, "alpha_t_5y": 0.09238760946103161, "alpha_t_full": 2.9484039854624653, "r2_5y": 0.9545331649136646, "r2_full": 0.7716172936688719, "corr_portfolio": -0.05912903549634408, "corr_benchmark": 0.6287563234942088, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.1888287853036671, "first": "2005-01-07", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "clmax": {"sym": "clmax", "name": "Columbia Mortgage Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016283422282609494, "alpha_t_5y": 1.2086129376246433, "alpha_t_full": 2.0933391309117924, "r2_5y": 0.7583616964276583, "r2_full": 0.5357081193532645, "corr_portfolio": -0.046601577797095305, "corr_benchmark": 0.47490899198444986, "alpha_pos_frac": 0.47183098591549294, "fund_max_dd": -0.2276102076259009, "first": "2014-05-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "clmpx": {"sym": "clmpx", "name": "Columbia Strategic California Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004467008226026636, "alpha_t_5y": -0.2603865214532447, "alpha_t_full": 5.203116937832125, "r2_5y": 0.40137649452257695, "r2_full": -1.3322676295501878e-15, "corr_portfolio": 0.034013605119420955, "corr_benchmark": 0.3572178473551318, "alpha_pos_frac": 0.5953757225433526, "fund_max_dd": -0.2045318822467529, "first": "1996-06-21", "verdict": "weak/unstable alpha", "alpha_name": false}, "cmaix": {"sym": "cmaix", "name": "Invesco Select Risk: Moderately Conservative Investor Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0025825861470288804, "alpha_t_5y": -0.42556848418350796, "alpha_t_full": -1.625224772412802, "r2_5y": 0.966117577327492, "r2_full": 0.8881701728030424, "corr_portfolio": 0.26013724291360324, "corr_benchmark": 0.7508078314395692, "alpha_pos_frac": 0.5086705202312138, "fund_max_dd": -0.28882067784068843, "first": "2005-05-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cmgix": {"sym": "cmgix", "name": "BLACKROCK MID CAP GROWTH EQUITY PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.10740906032518115, "alpha_t_5y": -2.543800068551448, "alpha_t_full": -1.3339757419342761, "r2_5y": 0.8431107942010396, "r2_full": 0.8539451661375259, "corr_portfolio": 0.12572878999219636, "corr_benchmark": 0.6106419522497468, "alpha_pos_frac": 0.5202312138728323, "fund_max_dd": -0.7384704995783037, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "cmgux": {"sym": "cmgux", "name": "Columbia Ultra Short Term Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016778508956382335, "alpha_t_5y": 2.967566252326398, "alpha_t_full": 5.151510313179764, "r2_5y": 0.2227215072854315, "r2_full": 0.11241121080933625, "corr_portfolio": 0.08262610435958427, "corr_benchmark": 0.1327659451114899, "alpha_pos_frac": 0.388646288209607, "fund_max_dd": -0.034172050295477874, "first": "2004-03-09", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "cmiex": {"sym": "cmiex", "name": "Multi-Manager International Equity Strategies Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002331855387643293, "alpha_t_5y": 0.17639529799774897, "alpha_t_full": 0.6102573342678537, "r2_5y": 0.9638651024018033, "r2_full": 0.9670082571200014, "corr_portfolio": 0.34449815461155114, "corr_benchmark": 0.5772912659976659, "alpha_pos_frac": 0.3763440860215054, "fund_max_dd": -0.3535156169126247, "first": "2018-05-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "cmvix": {"sym": "cmvix", "name": "BLACKROCK ADVANTAGE LARGE CAP GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0164840267983894, "alpha_t_5y": -1.1603571599314935, "alpha_t_full": 3.6237456481293746, "r2_5y": 0.9754470548978937, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.17005198642697925, "corr_benchmark": 0.6209877739513741, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.5840247556650069, "first": "1993-06-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cnsax": {"sym": "cnsax", "name": "INVESCO CONVERTIBLE SECURITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006601127416343212, "alpha_t_5y": -0.2557622389172072, "alpha_t_full": 2.6710005146137528, "r2_5y": 0.7909577128137197, "r2_full": 0.5698581671254354, "corr_portfolio": 0.16525270547191712, "corr_benchmark": 0.5490378579410627, "alpha_pos_frac": 0.5059760956175299, "fund_max_dd": -0.3948657987186165, "first": "1999-03-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "cnxt": {"sym": "cnxt", "name": "VanEck ChiNext Innovators ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04687512427102841, "alpha_t_5y": 0.3927872413484875, "alpha_t_full": 1.0569562423580614, "r2_5y": 0.3745704832705904, "r2_full": 0.3150294621447569, "corr_portfolio": 0.0895312973950305, "corr_benchmark": 0.18206899295810386, "alpha_pos_frac": 0.43884892086330934, "fund_max_dd": -0.6898160282701138, "first": "2014-07-25", "verdict": "weak/unstable alpha", "alpha_name": false}, "coeax": {"sym": "coeax", "name": "Columbia Oregon Intermediate Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0005736351219671699, "alpha_t_5y": 0.06651501582449484, "alpha_t_full": 1.7231416783321822, "r2_5y": 0.37305857798472775, "r2_full": 0.2959532974952014, "corr_portfolio": 0.027366078343223875, "corr_benchmark": 0.3315492332543071, "alpha_pos_frac": 0.5291828793774319, "fund_max_dd": -0.10670693495070271, "first": "2002-11-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "coiax": {"sym": "coiax", "name": "SIMT Conservative Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02863554919812503, "alpha_t_5y": 6.970407323093557, "alpha_t_full": 4.559412758562281, "r2_5y": 0.1903904506867924, "r2_full": 0.11666608747014728, "corr_portfolio": 0.05713621484344017, "corr_benchmark": 0.03664070584111344, "alpha_pos_frac": 0.5056179775280899, "fund_max_dd": -0.0019976608136713647, "first": "2018-10-01", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "colnx": {"sym": "colnx", "name": "Columbia Strategic New York Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0015713275300550656, "alpha_t_5y": -0.09235181439637621, "alpha_t_full": 5.110926967994358, "r2_5y": 0.38191684440795315, "r2_full": 2.6645352591003757e-15, "corr_portfolio": 0.0348745816334198, "corr_benchmark": 0.34717010788942354, "alpha_pos_frac": 0.5895953757225434, "fund_max_dd": -0.19802609969984275, "first": "1996-06-21", "verdict": "weak/unstable alpha", "alpha_name": false}, "coltx": {"sym": "coltx", "name": "Columbia Total Return Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004116395219051262, "alpha_t_5y": 0.24755892471027882, "alpha_t_full": 6.584535095733895, "r2_5y": 0.3812040806219059, "r2_full": -3.552713678800501e-15, "corr_portfolio": 0.04415948336824439, "corr_benchmark": 0.3402945756605481, "alpha_pos_frac": 0.6184971098265896, "fund_max_dd": -0.17873193275084442, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "comax": {"sym": "comax", "name": "DWS Digital Horizons Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06245756879044417, "alpha_t_5y": -1.613201315475665, "alpha_t_full": 2.65846060024608, "r2_5y": 0.8179990377475437, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.15260101179665342, "corr_benchmark": 0.5829328592974747, "alpha_pos_frac": 0.5598705501618123, "fund_max_dd": -0.8152354518735918, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "cosix": {"sym": "cosix", "name": "Columbia Strategic Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010918442324802066, "alpha_t_5y": 1.6544462573044783, "alpha_t_full": 8.97921782878531, "r2_5y": 0.8663944005206073, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.14900065311998206, "corr_benchmark": 0.5726198691530625, "alpha_pos_frac": 0.5086705202312138, "fund_max_dd": -0.261588575393748, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cpoax": {"sym": "cpoax", "name": "Morgan Stanley Insight Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.12238838216344525, "alpha_t_5y": -1.397145915923353, "alpha_t_full": -0.2645964446364031, "r2_5y": 0.7181269761115558, "r2_full": 0.7332773760513557, "corr_portfolio": -0.04783552231926079, "corr_benchmark": 0.5400315946551595, "alpha_pos_frac": 0.4845360824742268, "fund_max_dd": -0.8457415819949012, "first": "1999-03-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "cppcx": {"sym": "cppcx", "name": "American Funds Preservation Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01636925763338449, "alpha_t_5y": -2.6498085972737275, "alpha_t_full": -2.3650696529420756, "r2_5y": 0.8389825139092967, "r2_full": 0.7839322138938172, "corr_portfolio": -0.1178745243515308, "corr_benchmark": 0.5078848908667623, "alpha_pos_frac": 0.43636363636363634, "fund_max_dd": -0.09747699191673409, "first": "2012-05-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "cptnx": {"sym": "cptnx", "name": "GOVERNMENT BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0004511321222281704, "alpha_t_5y": -0.07853384145182744, "alpha_t_full": 5.847025794165404, "r2_5y": 0.9493103262055929, "r2_full": 8.881784197001252e-16, "corr_portfolio": -0.14367553545814413, "corr_benchmark": 0.6455895514221145, "alpha_pos_frac": 0.5086705202312138, "fund_max_dd": -0.1915010432556281, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cpxax": {"sym": "cpxax", "name": "Cohen & Steers Preferred Securities & Income Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010786240342662652, "alpha_t_5y": 0.5822177224226556, "alpha_t_full": 3.6412506314334916, "r2_5y": 0.4272539811661661, "r2_full": 0.5244021400481756, "corr_portfolio": 0.297230736431155, "corr_benchmark": 0.43120684115958297, "alpha_pos_frac": 0.5210526315789473, "fund_max_dd": -0.2551410892294047, "first": "2010-05-04", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "cracx": {"sym": "cracx", "name": "Columbia Adaptive Risk Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004111363575804427, "alpha_t_5y": -0.2687045057053054, "alpha_t_full": -0.5051798064253188, "r2_5y": 0.8233389974246169, "r2_full": 0.7253163997183417, "corr_portfolio": 0.22532847308145257, "corr_benchmark": 0.7462002315723436, "alpha_pos_frac": 0.573170731707317, "fund_max_dd": -0.19711747551724645, "first": "2012-06-20", "verdict": "weak/unstable alpha", "alpha_name": true}, "craix": {"sym": "craix", "name": "CCM Community Impact Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0008648429917340188, "alpha_t_5y": 0.20881308811852053, "alpha_t_full": 0.7614361861240132, "r2_5y": 0.9507701691332596, "r2_full": 0.8216338035695779, "corr_portfolio": -0.12780976941594752, "corr_benchmark": 0.6314201954724312, "alpha_pos_frac": 0.5435897435897435, "fund_max_dd": -0.1449042942236617, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "crak": {"sym": "crak", "name": "VanEck Oil Refiners ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03386853559592284, "alpha_t_5y": 0.6180015400103968, "alpha_t_full": 1.3495157983961228, "r2_5y": 0.6126536370112932, "r2_full": 0.6282248167425115, "corr_portfolio": 0.44154640834709485, "corr_benchmark": 0.3525777013180548, "alpha_pos_frac": 0.5476190476190477, "fund_max_dd": -0.5882284870356655, "first": "2015-08-21", "verdict": "weak/unstable alpha", "alpha_name": false}, "creax": {"sym": "creax", "name": "Columbia Real Estate Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017836669362939938, "alpha_t_5y": 1.249061664657635, "alpha_t_full": -0.07386978626343095, "r2_5y": 0.9671311514180333, "r2_full": 0.976156037143648, "corr_portfolio": 0.23768212860082066, "corr_benchmark": 0.5681057918479416, "alpha_pos_frac": 0.4564102564102564, "fund_max_dd": -0.709283957114219, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "crihx": {"sym": "crihx", "name": "CRM LONG/SHORT OPPORTUNITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007485374462626657, "alpha_t_5y": -0.23393840653966574, "alpha_t_full": 0.11386798000136084, "r2_5y": 0.5970928094523608, "r2_full": 0.5767322167951201, "corr_portfolio": 0.23881152028192626, "corr_benchmark": 0.4717239779508285, "alpha_pos_frac": 0.5350877192982456, "fund_max_dd": -0.2132648191040607, "first": "2016-08-23", "verdict": "weak/unstable alpha", "alpha_name": true}, "crsox": {"sym": "crsox", "name": "Cantor Fitzgerald Commodity Return Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.019083902821777333, "alpha_t_5y": 0.9528994793145646, "alpha_t_full": 0.6797392376082404, "r2_5y": 0.9114051626234875, "r2_full": 0.9185219733591821, "corr_portfolio": 0.21409020123230452, "corr_benchmark": 0.10791500045355475, "alpha_pos_frac": 0.5043103448275862, "fund_max_dd": -0.7266629200575665, "first": "2006-10-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "csdax": {"sym": "csdax", "name": "Calvert Short Duration Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02019324960086316, "alpha_t_5y": 4.475528981728228, "alpha_t_full": 5.860337197998187, "r2_5y": 0.7872452244073467, "r2_full": 0.5057243223863395, "corr_portfolio": 0.05323246528588834, "corr_benchmark": 0.4373912242746285, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.09963300737426395, "first": "2002-07-31", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "cseix": {"sym": "cseix", "name": "Cohen & Steers Real Estate Securities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011315535939206055, "alpha_t_5y": 0.7443075392476869, "alpha_t_full": 0.5392428696642787, "r2_5y": 0.9612454903562206, "r2_full": 0.9750708811862446, "corr_portfolio": 0.2359617245755928, "corr_benchmark": 0.5626625461337378, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.7258172682312598, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "csfax": {"sym": "csfax", "name": "Cohen & Steers Global Realty Shares, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02318459991638578, "alpha_t_5y": -1.3085042309041912, "alpha_t_full": -2.018082736291063, "r2_5y": 0.9275910137421541, "r2_full": 0.9079709082374016, "corr_portfolio": 0.3050305362528093, "corr_benchmark": 0.5893062224191481, "alpha_pos_frac": 0.5381165919282511, "fund_max_dd": -0.738056784638371, "first": "2004-10-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cshix": {"sym": "cshix", "name": "Credit Suisse Floating Rate High Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.040013152369848336, "alpha_t_5y": 4.094230689665389, "alpha_t_full": 3.3863678781816176, "r2_5y": 0.3731948505521395, "r2_full": 0.566265111145578, "corr_portfolio": 0.29103328055713173, "corr_benchmark": 0.21214981858791168, "alpha_pos_frac": 0.4666666666666667, "fund_max_dd": -0.3727029229833573, "first": "2001-11-13", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "cshtx": {"sym": "cshtx", "name": "AB Taxable Multi-Sector Income Shares", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005448435196420088, "alpha_t_5y": -0.9186764375211717, "alpha_t_full": 0.18792244129529176, "r2_5y": 0.6841726237503316, "r2_full": 0.5738474773491886, "corr_portfolio": 0.006816165978215763, "corr_benchmark": 0.4175931835649003, "alpha_pos_frac": 0.577639751552795, "fund_max_dd": -0.05566604305410827, "first": "2012-10-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "csibx": {"sym": "csibx", "name": "Calvert Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00815405106057932, "alpha_t_5y": 1.6773431195414596, "alpha_t_full": 5.682863224922399, "r2_5y": 0.9531079966079513, "r2_full": 9.992007221626409e-16, "corr_portfolio": -0.05935996297691614, "corr_benchmark": 0.6843261234584073, "alpha_pos_frac": 0.49710982658959535, "fund_max_dd": -0.17180675892415864, "first": "1996-06-21", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "csmdx": {"sym": "csmdx", "name": "Copeland SMID Cap Dividend Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02786740547317828, "alpha_t_5y": -1.2533088603439952, "alpha_t_full": -0.5578910275578791, "r2_5y": 0.9133285734752632, "r2_full": 0.9280567730832215, "corr_portfolio": 0.3022380150238775, "corr_benchmark": 0.5912426409653753, "alpha_pos_frac": 0.5833333333333334, "fund_max_dd": -0.3728300666000126, "first": "2017-02-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "csmix": {"sym": "csmix", "name": "Columbia Small Cap Value Discovery Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.051189455637751645, "alpha_t_5y": 1.9384719337367438, "alpha_t_full": 3.258070656050147, "r2_5y": 0.9168720579378962, "r2_full": 0.0, "corr_portfolio": 0.31437704867992783, "corr_benchmark": 0.4688817513785984, "alpha_pos_frac": 0.46120689655172414, "fund_max_dd": -0.568837035176452, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "csoax": {"sym": "csoax", "name": "Credit Suisse Strategic Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006560927424577815, "alpha_t_5y": 0.7381120230082334, "alpha_t_full": 5.11772648159917, "r2_5y": 0.7338585981734034, "r2_full": 0.7227490468512343, "corr_portfolio": 0.3199550604966908, "corr_benchmark": 0.30402825962683644, "alpha_pos_frac": 0.4720496894409938, "fund_max_dd": -0.19955244536543137, "first": "2012-10-01", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "csrix": {"sym": "csrix", "name": "Cohen & Steers Institutional Realty Shares", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01751091873937689, "alpha_t_5y": 1.1536637300779, "alpha_t_full": 1.5862567363401303, "r2_5y": 0.960979827068901, "r2_full": 0.9801551478563492, "corr_portfolio": 0.23396974002922233, "corr_benchmark": 0.5627418268692082, "alpha_pos_frac": 0.547085201793722, "fund_max_dd": -0.7232012097996072, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "csrsx": {"sym": "csrsx", "name": "Cohen & Steers Realty Shares", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016516703825928333, "alpha_t_5y": 1.1670064174343884, "alpha_t_full": 3.293994922443493, "r2_5y": 0.9664151012764799, "r2_full": 0.0, "corr_portfolio": 0.2338349034359993, "corr_benchmark": 0.5633677250551414, "alpha_pos_frac": 0.5381165919282511, "fund_max_dd": -0.7250838134252138, "first": "1991-07-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cstax": {"sym": "cstax", "name": "American Funds College 2027 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005677523260538097, "alpha_t_5y": 0.9947536420104309, "alpha_t_full": 1.4191310357684568, "r2_5y": 0.9284660603158248, "r2_full": 0.8003079243703122, "corr_portfolio": 0.29097203798924515, "corr_benchmark": 0.7145958513955426, "alpha_pos_frac": 0.4720496894409938, "fund_max_dd": -0.14517388151214972, "first": "2012-09-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "csuax": {"sym": "csuax", "name": "Cohen & Steers Global Infrastructure Fund Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017960100946179433, "alpha_t_5y": 0.638359571449061, "alpha_t_full": 0.40681744187135377, "r2_5y": 0.7250364049340929, "r2_full": 0.7460027524806156, "corr_portfolio": 0.335281436257169, "corr_benchmark": 0.5579063461106334, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.5236271916431511, "first": "2004-05-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "csvax": {"sym": "csvax", "name": "Columbia International Dividend Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008110802177085402, "alpha_t_5y": 0.5183489649872852, "alpha_t_full": -0.5712524355884597, "r2_5y": 0.9427984816541058, "r2_full": 0.9196591348684215, "corr_portfolio": 0.3811103660198612, "corr_benchmark": 0.5451520159247555, "alpha_pos_frac": 0.42152466367713004, "fund_max_dd": -0.5543990380038037, "first": "2002-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ctagx": {"sym": "ctagx", "name": "Calamos Timpani SMID Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02128264133987165, "alpha_t_5y": -0.41928450524625405, "alpha_t_full": -0.4925038994147817, "r2_5y": 0.8164244860082988, "r2_full": 0.818516658868043, "corr_portfolio": 0.08687582320090943, "corr_benchmark": 0.5765094563931232, "alpha_pos_frac": 0.569620253164557, "fund_max_dd": -0.46616997358146595, "first": "2019-08-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "ctcax": {"sym": "ctcax", "name": "Columbia Global Technology Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00466865252407276, "alpha_t_5y": 0.20227247140495355, "alpha_t_full": 0.9897676425552439, "r2_5y": 0.9576797585421684, "r2_full": 0.9157172081658314, "corr_portfolio": 0.1353958588519295, "corr_benchmark": 0.5927231480121536, "alpha_pos_frac": 0.5381165919282511, "fund_max_dd": -0.6103735080626729, "first": "2002-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ctfax": {"sym": "ctfax", "name": "Columbia Thermostat Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.012174794444895286, "alpha_t_5y": 1.13072715476015, "alpha_t_full": 0.9900214201940367, "r2_5y": 0.8735482750143548, "r2_full": 0.7483765708070412, "corr_portfolio": 0.19533431960962236, "corr_benchmark": 0.7757812029679844, "alpha_pos_frac": 0.4669260700389105, "fund_max_dd": -0.47608616060833686, "first": "2003-03-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cthax": {"sym": "cthax", "name": "American Funds College 2030 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0019453875738179188, "alpha_t_5y": 0.3031530020256977, "alpha_t_full": 1.242382961884195, "r2_5y": 0.9472676198580698, "r2_full": 0.8717855793622413, "corr_portfolio": 0.3213946789819491, "corr_benchmark": 0.688690972827216, "alpha_pos_frac": 0.4720496894409938, "fund_max_dd": -0.17167364241103167, "first": "2012-09-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ctlax": {"sym": "ctlax", "name": "American Funds College 2033 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0005814849829552134, "alpha_t_5y": -0.07276072307707751, "alpha_t_full": -0.09437286681652364, "r2_5y": 0.9530220612028706, "r2_full": 0.9331165751493565, "corr_portfolio": 0.2892663968944992, "corr_benchmark": 0.6808591418580229, "alpha_pos_frac": 0.5190839694656488, "fund_max_dd": -0.21426100921625013, "first": "2015-03-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ctrzx": {"sym": "ctrzx", "name": "Multi-Manager Total Return Bond Strategies Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002841792738683169, "alpha_t_5y": 0.5646938678714031, "alpha_t_full": 0.08126445518692349, "r2_5y": 0.9580842437964088, "r2_full": 0.9203142086222048, "corr_portfolio": -0.09873744886889077, "corr_benchmark": 0.7090443634269116, "alpha_pos_frac": 0.6272727272727273, "fund_max_dd": -0.19196661534815573, "first": "2017-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "cugax": {"sym": "cugax", "name": "abrdn Infrastructure Debt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": 2.9635649092579213, "r2_5y": NaN, "r2_full": 0.09533289038442982, "corr_portfolio": 0.13683182532615717, "corr_benchmark": 0.31901902863821746, "alpha_pos_frac": 0.4889867841409692, "fund_max_dd": -0.13876766635421856, "first": "2001-12-03", "verdict": "no 5y window", "alpha_name": false}, "cusex": {"sym": "cusex", "name": "Capital Group U.S. Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0018676703975788272, "alpha_t_5y": -0.12328224910700027, "alpha_t_full": -0.1612780394295052, "r2_5y": 0.9461029325386221, "r2_full": 0.9618946968597764, "corr_portfolio": 0.27967211508772066, "corr_benchmark": 0.6146069280071785, "alpha_pos_frac": 0.5027932960893855, "fund_max_dd": -0.30159879425816694, "first": "2011-04-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cwbfx": {"sym": "cwbfx", "name": "CAPITAL WORLD BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01758181332597492, "alpha_t_5y": -2.1780183844859726, "alpha_t_full": 5.075221977121615, "r2_5y": 0.9089422449399308, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.017548836695955257, "corr_benchmark": 0.6025150967524927, "alpha_pos_frac": 0.4605263157894737, "fund_max_dd": -0.27913623429064505, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cwgix": {"sym": "cwgix", "name": "CAPITAL WORLD GROWTH & INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005295649387157745, "alpha_t_5y": -0.4024377755412209, "alpha_t_full": 4.269262342732834, "r2_5y": 0.9583629453802858, "r2_full": 5.551115123125783e-16, "corr_portfolio": 0.3455265621097431, "corr_benchmark": 0.5976259262526823, "alpha_pos_frac": 0.5605381165919282, "fund_max_dd": -0.5406273954586027, "first": "1993-03-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cxhyx": {"sym": "cxhyx", "name": "Nomura National High-Yield Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.001692810370046654, "alpha_t_5y": 0.09001315641123613, "alpha_t_full": 6.216896724112668, "r2_5y": 0.4052257864276546, "r2_full": 8.881784197001252e-16, "corr_portfolio": 0.05541654463553314, "corr_benchmark": 0.35972360048557855, "alpha_pos_frac": 0.5953307392996109, "fund_max_dd": -0.21814596862872238, "first": "1996-06-21", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "cybax": {"sym": "cybax", "name": "Calvert High Yield Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0022977821278152774, "alpha_t_5y": -0.41331100071632576, "alpha_t_full": 2.177232514381936, "r2_5y": 0.9102413561082331, "r2_full": 0.6641453846452645, "corr_portfolio": 0.2903668700091865, "corr_benchmark": 0.47094654702161676, "alpha_pos_frac": 0.5202312138728323, "fund_max_dd": -0.3041131787534861, "first": "2001-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "czmgx": {"sym": "czmgx", "name": "Columbia Integrated Large Cap Growth Fund II", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.027511589911792138, "alpha_t_5y": -1.6120388371330538, "alpha_t_full": -1.201461795209821, "r2_5y": 0.9640363583694135, "r2_full": 0.9662715432574663, "corr_portfolio": 0.11409922483904655, "corr_benchmark": 0.6453034994261324, "alpha_pos_frac": 0.5181818181818182, "fund_max_dd": -0.3522679178989334, "first": "2017-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "czmsx": {"sym": "czmsx", "name": "Multi-Manager Small Cap Equity Strategies Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02151433452245592, "alpha_t_5y": -1.4827326889061718, "alpha_t_full": -0.7673926997498722, "r2_5y": 0.9742635338088821, "r2_full": 0.9775861673404711, "corr_portfolio": 0.2651823518503439, "corr_benchmark": 0.5719735967346525, "alpha_pos_frac": 0.5272727272727272, "fund_max_dd": -0.4156571769366513, "first": "2017-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "czmvx": {"sym": "czmvx", "name": "Multi-Manager Value Strategies Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -7.609071065594716e-06, "alpha_t_5y": -0.0004964458525896136, "alpha_t_full": 0.5857934648428721, "r2_5y": 0.9384666021247926, "r2_full": 0.9581696404079431, "corr_portfolio": 0.388798668971174, "corr_benchmark": 0.5577091562530161, "alpha_pos_frac": 0.5181818181818182, "fund_max_dd": -0.37423219651958606, "first": "2017-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "dagvx": {"sym": "dagvx", "name": "BNY Mellon Dynamic Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.041550329252488, "alpha_t_5y": 2.106284973269072, "alpha_t_full": 1.1253782984261864, "r2_5y": 0.910129873802371, "r2_full": 0.9103567481054946, "corr_portfolio": 0.3990619591523295, "corr_benchmark": 0.5025180335739345, "alpha_pos_frac": 0.4663677130044843, "fund_max_dd": -0.550402249445293, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "davpx": {"sym": "davpx", "name": "Davenport Core Leaders Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.021704424876793065, "alpha_t_5y": -1.2929862646875623, "alpha_t_full": 0.07422967509332185, "r2_5y": 0.9414720717923156, "r2_full": 0.947504917314395, "corr_portfolio": 0.26715307721690285, "corr_benchmark": 0.6143301770940472, "alpha_pos_frac": 0.4708171206225681, "fund_max_dd": -0.5180554947853084, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dbalx": {"sym": "dbalx", "name": "Davenport Balanced Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0002752222575518082, "alpha_t_5y": 0.023451539120395437, "alpha_t_full": 0.18827806059659366, "r2_5y": 0.8941171924898418, "r2_full": 0.9265541718038284, "corr_portfolio": 0.3587815708726959, "corr_benchmark": 0.6230696546604301, "alpha_pos_frac": 0.6065573770491803, "fund_max_dd": -0.2788811818902781, "first": "2016-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dbicx": {"sym": "dbicx", "name": "DWS Global Macro Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008958521689852273, "alpha_t_5y": -0.781548491843171, "alpha_t_full": -0.1580111206369707, "r2_5y": 0.844675487118287, "r2_full": 0.7865956066939078, "corr_portfolio": 0.30334616811530735, "corr_benchmark": 0.5034606122491824, "alpha_pos_frac": 0.6053811659192825, "fund_max_dd": -0.6394527499376437, "first": "2001-08-28", "verdict": "weak/unstable alpha", "alpha_name": true}, "dbmix": {"sym": "dbmix", "name": "BNY Mellon Bond Market Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0009927905299534352, "alpha_t_5y": -0.21515100179507393, "alpha_t_full": 5.061843105366477, "r2_5y": 0.9652301591861139, "r2_full": -6.661338147750939e-16, "corr_portfolio": -0.11772772706375804, "corr_benchmark": 0.6890964385787227, "alpha_pos_frac": 0.4797687861271676, "fund_max_dd": -0.19381479613484698, "first": "1994-04-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dboax": {"sym": "dboax", "name": "BNY Mellon Balanced Opportunity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01087810042326374, "alpha_t_5y": -1.1092097859328263, "alpha_t_full": -2.7428045096390687, "r2_5y": 0.9607615804713707, "r2_full": 0.9574071242476717, "corr_portfolio": 0.26024753055931127, "corr_benchmark": 0.6806589105482995, "alpha_pos_frac": 0.5474137931034483, "fund_max_dd": -0.42425501582744496, "first": "2004-02-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dccax": {"sym": "dccax", "name": "Nomura Small Cap Core Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010213712005567354, "alpha_t_5y": 0.5590415061198096, "alpha_t_full": 0.19974437716872917, "r2_5y": 0.9572466813195241, "r2_full": 0.8587095562774058, "corr_portfolio": 0.2797211782632119, "corr_benchmark": 0.5305667684501791, "alpha_pos_frac": 0.6470588235294118, "fund_max_dd": -0.6033743954451982, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dcpyx": {"sym": "dcpyx", "name": "BNY Mellon Core Plus Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004289429347387334, "alpha_t_5y": 0.8347756777268637, "alpha_t_full": -0.43216952971445827, "r2_5y": 0.9535810233014901, "r2_full": 0.873050039221247, "corr_portfolio": -0.016272728918928288, "corr_benchmark": 0.7194908855328394, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.1900828860903102, "first": "2010-12-07", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dcsvx": {"sym": "dcsvx", "name": "Dunham Small Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.023714674664141146, "alpha_t_5y": 0.9097294159148681, "alpha_t_full": -0.43878536847497523, "r2_5y": 0.909257981788177, "r2_full": 0.9272973688616087, "corr_portfolio": 0.3618114563621494, "corr_benchmark": 0.4841282647698109, "alpha_pos_frac": 0.5, "fund_max_dd": -0.6282930510334706, "first": "2004-12-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dcuax": {"sym": "dcuax", "name": "DWS CROCI U.S. Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013155635825317867, "alpha_t_5y": 0.5098007733705114, "alpha_t_full": -0.8488731327165226, "r2_5y": 0.85174044701647, "r2_full": 0.8839599734230728, "corr_portfolio": 0.3561586474358129, "corr_benchmark": 0.5562405727503742, "alpha_pos_frac": 0.48854961832061067, "fund_max_dd": -0.4190938206412135, "first": "2015-04-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dddax": {"sym": "dddax", "name": "13D Activist Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02025056611051434, "alpha_t_5y": -0.5458671563309999, "alpha_t_full": 0.14636845296440454, "r2_5y": 0.8039274293651604, "r2_full": 0.8454007688057258, "corr_portfolio": 0.29151716718119575, "corr_benchmark": 0.5391288980619449, "alpha_pos_frac": 0.5647058823529412, "fund_max_dd": -0.43831314666523946, "first": "2012-01-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "ddfax": {"sym": "ddfax", "name": "Nomura Floating Rate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.041914194133957305, "alpha_t_5y": 5.099297100814656, "alpha_t_full": 3.2160530812919763, "r2_5y": 0.4342608942813231, "r2_full": 0.44780502382667786, "corr_portfolio": 0.2782139573064615, "corr_benchmark": 0.21449920370657755, "alpha_pos_frac": 0.4375, "fund_max_dd": -0.1808905013062625, "first": "2010-03-01", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "ddiax": {"sym": "ddiax", "name": "Nomura Wealth Builder Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009976400248643658, "alpha_t_5y": 1.0996717470065709, "alpha_t_full": 2.41817778351011, "r2_5y": 0.9567454762289718, "r2_full": 0.8776756267553002, "corr_portfolio": 0.3564902135728801, "corr_benchmark": 0.6459200073292477, "alpha_pos_frac": 0.517948717948718, "fund_max_dd": -0.47216419966393997, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ddvax": {"sym": "ddvax", "name": "Nomura Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.026372303039450637, "alpha_t_5y": -1.166688796815623, "alpha_t_full": -0.13215931942945164, "r2_5y": 0.861502206015113, "r2_full": 0.8710714508118008, "corr_portfolio": 0.3988104415560527, "corr_benchmark": 0.5172182781884438, "alpha_pos_frac": 0.5680933852140078, "fund_max_dd": -0.5373544319118111, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dedax": {"sym": "dedax", "name": "Nomura Emerging Markets Debt Corporate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012962857605108947, "alpha_t_5y": -1.0358914482895578, "alpha_t_full": 2.5366109605285576, "r2_5y": 0.48029315441583487, "r2_full": 0.5061293717113164, "corr_portfolio": 0.2547809871673848, "corr_benchmark": 0.4115065436045657, "alpha_pos_frac": 0.5838926174496645, "fund_max_dd": -0.20320790845836378, "first": "2013-10-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "deeax": {"sym": "deeax", "name": "Nomura Extended Duration Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010191069813289213, "alpha_t_5y": -1.165107729436209, "alpha_t_full": 3.3494631938672828, "r2_5y": 0.9667369564090277, "r2_full": 6.661338147750939e-16, "corr_portfolio": -0.03530938114328294, "corr_benchmark": 0.737169557947635, "alpha_pos_frac": 0.4393063583815029, "fund_max_dd": -0.3467735164930591, "first": "1998-09-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "deffx": {"sym": "deffx", "name": "Nomura Tax-Free Minnesota Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0018717910987163869, "alpha_t_5y": 0.12435193144419887, "alpha_t_full": 6.105596372538581, "r2_5y": 0.3683238184226155, "r2_full": -1.9984014443252818e-15, "corr_portfolio": 0.0347045108061029, "corr_benchmark": 0.33993463840610777, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.14700191331347756, "first": "1996-06-21", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "deggx": {"sym": "deggx", "name": "Nomura Strategic Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006735207387590808, "alpha_t_5y": 0.8164310865590094, "alpha_t_full": 6.329763008131486, "r2_5y": 0.7503725703680424, "r2_full": -3.1086244689504383e-15, "corr_portfolio": 0.16807549200539695, "corr_benchmark": 0.5578936077181569, "alpha_pos_frac": 0.4262948207171315, "fund_max_dd": -0.1679588222682863, "first": "1996-06-21", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "delix": {"sym": "delix", "name": "Nomura Tax-Free Pennsylvania Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006783515096579566, "alpha_t_5y": 0.3954484444107668, "alpha_t_full": 5.6969749684743425, "r2_5y": 0.39706378418655985, "r2_full": -1.3322676295501878e-15, "corr_portfolio": 0.03155382856600083, "corr_benchmark": 0.35795300442927824, "alpha_pos_frac": 0.5895953757225434, "fund_max_dd": -0.17299409643230312, "first": "1996-06-21", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "demax": {"sym": "demax", "name": "Nomura Emerging Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.09054438404570825, "alpha_t_5y": 1.1549450738947462, "alpha_t_full": 3.1254808097167213, "r2_5y": 0.613582669571339, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.24401351630599663, "corr_benchmark": 0.40265047451725144, "alpha_pos_frac": 0.4125560538116592, "fund_max_dd": -0.6322706754654585, "first": "1996-06-11", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "deopx": {"sym": "deopx", "name": "Davenport Equity Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0422386317866778, "alpha_t_5y": -1.326209561373008, "alpha_t_full": -0.6019890751493795, "r2_5y": 0.8390975724841188, "r2_full": 0.8797891604858035, "corr_portfolio": 0.2572406006709522, "corr_benchmark": 0.6060807106177574, "alpha_pos_frac": 0.5769230769230769, "fund_max_dd": -0.37757335513903734, "first": "2011-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "deqax": {"sym": "deqax", "name": "BNY Mellon Global Equity Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02334274121558905, "alpha_t_5y": 1.1953615691330124, "alpha_t_full": 1.2901405261931231, "r2_5y": 0.8674081987864978, "r2_full": 0.8744209317739196, "corr_portfolio": 0.4143968153077278, "corr_benchmark": 0.552164118154381, "alpha_pos_frac": 0.5136363636363637, "fund_max_dd": -0.5285464529052734, "first": "2007-10-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dessx": {"sym": "dessx", "name": "DWS Enhanced Core Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014755853730983447, "alpha_t_5y": 1.4212454409113935, "alpha_t_full": -0.43734660607659875, "r2_5y": 0.9789026860557892, "r2_full": 0.9410278894879079, "corr_portfolio": 0.26947614275456194, "corr_benchmark": 0.5927596374182127, "alpha_pos_frac": 0.5748987854251012, "fund_max_dd": -0.5821335574744276, "first": "2005-08-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "devlx": {"sym": "devlx", "name": "Nomura Small Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014187568041301077, "alpha_t_5y": 0.5408365966590558, "alpha_t_full": 3.39032274152101, "r2_5y": 0.9131426547828262, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.36246876752111673, "corr_benchmark": 0.47796694714956156, "alpha_pos_frac": 0.48878923766816146, "fund_max_dd": -0.6008127858495343, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dfac": {"sym": "dfac", "name": "Dimensional U.S. Core Equity 2 ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0033185230432256764, "alpha_t_5y": 0.3963931186837382, "alpha_t_full": 0.3963931186837382, "r2_5y": 0.9875241027327598, "r2_full": 0.9875241027327598, "corr_portfolio": 0.16747873728248439, "corr_benchmark": 0.6548113823430975, "alpha_pos_frac": 0.5087719298245614, "fund_max_dd": -0.23113958654472233, "first": "2021-06-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dfas": {"sym": "dfas", "name": "Dimensional U.S. Small Cap ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0178976792102959, "alpha_t_5y": 1.0709699411325257, "alpha_t_full": 1.0709699411325257, "r2_5y": 0.9664043697047044, "r2_full": 0.9664043697047044, "corr_portfolio": 0.18879371269858014, "corr_benchmark": 0.5775836572097001, "alpha_pos_frac": 0.47368421052631576, "fund_max_dd": -0.26129853679353865, "first": "2021-06-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dfat": {"sym": "dfat", "name": "Dimensional U.S. Targeted Value ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03998926276655368, "alpha_t_5y": 1.4946678211217461, "alpha_t_full": 1.4946678211217461, "r2_5y": 0.9184613640420478, "r2_full": 0.9184613640420478, "corr_portfolio": 0.2707254645063862, "corr_benchmark": 0.5209493781776272, "alpha_pos_frac": 0.47368421052631576, "fund_max_dd": -0.26116933725218905, "first": "2021-06-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dfeox": {"sym": "dfeox", "name": "U.S. CORE EQUITY 1 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005743963030147421, "alpha_t_5y": 0.8847892278798363, "alpha_t_full": 1.2759101525563108, "r2_5y": 0.9915758534890151, "r2_full": 0.9631788625780257, "corr_portfolio": 0.30463920703149805, "corr_benchmark": 0.5665994340119563, "alpha_pos_frac": 0.5276595744680851, "fund_max_dd": -0.5677201057180712, "first": "2005-09-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dffvx": {"sym": "dffvx", "name": "U.S. Targeted Value Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.05192080662831633, "alpha_t_5y": 2.0191713750499916, "alpha_t_full": 1.799884681146203, "r2_5y": 0.9203655372465399, "r2_full": 0.9069742182198998, "corr_portfolio": 0.3561392477750663, "corr_benchmark": 0.4342961375901443, "alpha_pos_frac": 0.4553191489361702, "fund_max_dd": -0.6513103748708418, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dflax": {"sym": "dflax", "name": "BNY Mellon Floating Rate Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.028600230366250597, "alpha_t_5y": 3.624539313567535, "alpha_t_full": 4.329482107135524, "r2_5y": 0.31741080803543786, "r2_full": 0.5009004741886638, "corr_portfolio": 0.31587241732489957, "corr_benchmark": 0.24736221127793148, "alpha_pos_frac": 0.5302013422818792, "fund_max_dd": -0.1895822666532624, "first": "2013-09-30", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "dflex": {"sym": "dflex", "name": "DoubleLine Flexible Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.028406724392914213, "alpha_t_5y": 5.4419309306895505, "alpha_t_full": 4.164005626245614, "r2_5y": 0.565999355697792, "r2_full": 0.4185955200621432, "corr_portfolio": 0.16057088019139903, "corr_benchmark": 0.37341032895821474, "alpha_pos_frac": 0.6013986013986014, "fund_max_dd": -0.172953786181673, "first": "2014-04-10", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "dfqtx": {"sym": "dfqtx", "name": "U.S. CORE EQUITY 2 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007800259117753435, "alpha_t_5y": 1.0036779907103788, "alpha_t_full": 1.2323779213704864, "r2_5y": 0.9880739050662481, "r2_full": 0.959521934101207, "corr_portfolio": 0.31206193350712147, "corr_benchmark": 0.5533855720079288, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.5935120770438427, "first": "2005-09-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dfrex": {"sym": "dfrex", "name": "DFA REAL ESTATE SECURITIES PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008486825591755849, "alpha_t_5y": 1.2617747845659293, "alpha_t_full": 2.828169004334834, "r2_5y": 0.9924521235020608, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.22431609337800076, "corr_benchmark": 0.5390872797266717, "alpha_pos_frac": 0.43352601156069365, "fund_max_dd": -0.7435856892153729, "first": "1993-01-06", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "dfusx": {"sym": "dfusx", "name": "U.S. LARGE COMPANY PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0009914621692480013, "alpha_t_5y": 0.19309930130657227, "alpha_t_full": 0.10894801897732415, "r2_5y": 0.9946848359395642, "r2_full": 0.9817714194218655, "corr_portfolio": 0.28268444464424947, "corr_benchmark": 0.6152884362612918, "alpha_pos_frac": 0.5372168284789643, "fund_max_dd": -0.5495964160160751, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dfvex": {"sym": "dfvex", "name": "U.S. VECTOR EQUITY PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011632792281751035, "alpha_t_5y": 0.8234395540831263, "alpha_t_full": 1.4492067825957802, "r2_5y": 0.9661189823125828, "r2_full": 0.9488028338949345, "corr_portfolio": 0.34908907495294184, "corr_benchmark": 0.49565547725828896, "alpha_pos_frac": 0.4851063829787234, "fund_max_dd": -0.6271446828981191, "first": "2006-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dgagx": {"sym": "dgagx", "name": "BNY Mellon Appreciation Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04744405185685411, "alpha_t_5y": -2.950849828450629, "alpha_t_full": 3.77798319986986, "r2_5y": 0.9471978526860083, "r2_full": 0.0, "corr_portfolio": 0.2534308050139968, "corr_benchmark": 0.619725330700004, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.4880058138124963, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dgcax": {"sym": "dgcax", "name": "Nomura Corporate Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006324309595359236, "alpha_t_5y": -1.0878685994525508, "alpha_t_full": 4.865821346719446, "r2_5y": 0.9524245184144187, "r2_full": 7.771561172376096e-16, "corr_portfolio": 0.02335937417244287, "corr_benchmark": 0.7199018585340871, "alpha_pos_frac": 0.4913294797687861, "fund_max_dd": -0.23176997002078337, "first": "1998-09-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dgeax": {"sym": "dgeax", "name": "BNY Mellon Global Emerging Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.047630655729883564, "alpha_t_5y": -1.218227649391482, "alpha_t_full": -0.22962904127581132, "r2_5y": 0.7255634964299813, "r2_full": 0.7537893743906288, "corr_portfolio": 0.25101831558617815, "corr_benchmark": 0.4478041964688626, "alpha_pos_frac": 0.43448275862068964, "fund_max_dd": -0.4321532826724248, "first": "2014-02-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "dglax": {"sym": "dglax", "name": "BNY Mellon Global Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05017044414157069, "alpha_t_5y": -2.3044467472291634, "alpha_t_full": -0.9161027922566527, "r2_5y": 0.8957143162926099, "r2_full": 0.9042245880734646, "corr_portfolio": 0.26884547636106726, "corr_benchmark": 0.6140940047720933, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.4388489535023249, "first": "2007-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dhgax": {"sym": "dhgax", "name": "BNY Mellon Global Fixed Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008395785065779886, "alpha_t_5y": 1.0371038205763823, "alpha_t_full": 1.2915787948811501, "r2_5y": 0.7479826025171576, "r2_full": 0.6366489045730359, "corr_portfolio": 0.018443089889281766, "corr_benchmark": 0.6402274363526256, "alpha_pos_frac": 0.4564102564102564, "fund_max_dd": -0.14846417880357787, "first": "2009-12-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "dhlax": {"sym": "dhlax", "name": "Diamond Hill Large Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.024547796943762926, "alpha_t_5y": -1.1067791286606328, "alpha_t_full": 0.6692391866645093, "r2_5y": 0.8875361555089993, "r2_full": 0.9055843956855834, "corr_portfolio": 0.37413884182690993, "corr_benchmark": 0.5287589483814468, "alpha_pos_frac": 0.5333333333333333, "fund_max_dd": -0.5221163952892658, "first": "2001-07-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dhmbx": {"sym": "dhmbx", "name": "BNY Mellon High Yield Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0002771001821895039, "alpha_t_5y": -0.014529822769043283, "alpha_t_full": 0.7353029284890574, "r2_5y": 0.392177775830139, "r2_full": 0.300333819008481, "corr_portfolio": 0.06541736603955979, "corr_benchmark": 0.3439629956282137, "alpha_pos_frac": 0.5895953757225434, "fund_max_dd": -0.27661284244412654, "first": "2005-10-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "dhtax": {"sym": "dhtax", "name": "Diamond Hill Select Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010286101720052896, "alpha_t_5y": 0.29095139178166085, "alpha_t_full": 0.504899184954585, "r2_5y": 0.8354394853462556, "r2_full": 0.880256877071824, "corr_portfolio": 0.34241889613018117, "corr_benchmark": 0.5103401976028332, "alpha_pos_frac": 0.4834710743801653, "fund_max_dd": -0.5142129870665421, "first": "2006-01-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "dial": {"sym": "dial", "name": "Columbia Diversified Fixed Income Allocation ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01779592754661891, "alpha_t_5y": -1.8118403516790604, "alpha_t_full": -0.3478843876177707, "r2_5y": 0.8820185472895994, "r2_full": 0.6571530305677018, "corr_portfolio": 0.051727050486643424, "corr_benchmark": 0.6713931743073369, "alpha_pos_frac": 0.51, "fund_max_dd": -0.22186745794811102, "first": "2017-10-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dibax": {"sym": "dibax", "name": "BNY Mellon International Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.016084421355358522, "alpha_t_5y": -1.255661127520654, "alpha_t_full": 0.009112773542115085, "r2_5y": 0.8257389758562138, "r2_full": 0.6477109379529071, "corr_portfolio": 0.06975656000439666, "corr_benchmark": 0.414924029102727, "alpha_pos_frac": 0.4349775784753363, "fund_max_dd": -0.3099498897274241, "first": "2006-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "difax": {"sym": "difax", "name": "MFS Diversified Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0007242113326169416, "alpha_t_5y": 0.1032694900725035, "alpha_t_full": -0.00015137256732595007, "r2_5y": 0.9369388051120815, "r2_full": 0.9453956827386147, "corr_portfolio": 0.33920779248964134, "corr_benchmark": 0.694429298012178, "alpha_pos_frac": 0.5527426160337553, "fund_max_dd": -0.35241227466974046, "first": "2006-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "diisx": {"sym": "diisx", "name": "BNY Mellon International Stock Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0015510896048828316, "alpha_t_5y": 0.08357917766730465, "alpha_t_full": 0.8281591213898534, "r2_5y": 0.9220987881685192, "r2_full": 0.8472068427922702, "corr_portfolio": 0.38436017062138594, "corr_benchmark": 0.5241935899711841, "alpha_pos_frac": 0.512396694214876, "fund_max_dd": -0.605981406407339, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "disax": {"sym": "disax", "name": "BNY Mellon International Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07812415988543833, "alpha_t_5y": -2.7885819935543625, "alpha_t_full": -1.205691088439532, "r2_5y": 0.8339992380607587, "r2_full": 0.847729850910793, "corr_portfolio": 0.2685181245126496, "corr_benchmark": 0.5536056275775565, "alpha_pos_frac": 0.591304347826087, "fund_max_dd": -0.45847016832989185, "first": "2007-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "dissx": {"sym": "dissx", "name": "BNY Mellon Smallcap Stock Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014243954213642667, "alpha_t_5y": 0.7084644466315528, "alpha_t_full": 1.3619954675248913, "r2_5y": 0.951181508138551, "r2_full": 0.9526668960415876, "corr_portfolio": 0.30841779164833555, "corr_benchmark": 0.5162245215448675, "alpha_pos_frac": 0.48627450980392156, "fund_max_dd": -0.5829664061874964, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ditex": {"sym": "ditex", "name": "BNY Mellon Intermediate Municipal Bond Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0032251923173837135, "alpha_t_5y": 0.32342359815370453, "alpha_t_full": 8.164428737096845, "r2_5y": 0.37450327644765036, "r2_full": 0.0, "corr_portfolio": 0.03340548286177864, "corr_benchmark": 0.3403893421352578, "alpha_pos_frac": 0.5265017667844523, "fund_max_dd": -0.11677739954810062, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "divhx": {"sym": "divhx", "name": "Cutler Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01373361342416848, "alpha_t_5y": 0.2228921887764687, "alpha_t_full": 0.22387892265403458, "r2_5y": 0.4469583947504071, "r2_full": 0.4536630537555546, "corr_portfolio": 0.17297900516203735, "corr_benchmark": 0.41060670265789856, "alpha_pos_frac": 0.484375, "fund_max_dd": -0.3315026878953691, "first": "2020-10-29", "verdict": "weak/unstable alpha", "alpha_name": false}, "dlhax": {"sym": "dlhax", "name": "Nomura Healthcare Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016859386688050263, "alpha_t_5y": 0.3484929671630248, "alpha_t_full": 2.390627694753001, "r2_5y": 0.501737953245766, "r2_full": 0.690179889824949, "corr_portfolio": 0.22129741856273794, "corr_benchmark": 0.49133203243323836, "alpha_pos_frac": 0.5067873303167421, "fund_max_dd": -0.3464478511220901, "first": "2007-10-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "dlqax": {"sym": "dlqax", "name": "BNY Mellon Large Cap Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03821567463390154, "alpha_t_5y": -2.7040759825016787, "alpha_t_full": -0.5678022842163231, "r2_5y": 0.9627731433401128, "r2_full": 0.9328089917663408, "corr_portfolio": 0.2684712043554961, "corr_benchmark": 0.5973101938487969, "alpha_pos_frac": 0.543859649122807, "fund_max_dd": -0.6084888570091624, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dltrx": {"sym": "dltrx", "name": "Nomura Limited-Term Diversified Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014804666027616438, "alpha_t_5y": -2.410119727303281, "alpha_t_full": 2.639559373890048, "r2_5y": 0.7141450251814119, "r2_full": 0.53699842620344, "corr_portfolio": -0.023842928935355934, "corr_benchmark": 0.4670207303004375, "alpha_pos_frac": 0.5953757225433526, "fund_max_dd": -0.0744118782838673, "first": "2003-06-02", "verdict": "weak/unstable alpha", "alpha_name": true}, "dmcvx": {"sym": "dmcvx", "name": "BNY Mellon Midcap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02640477022261345, "alpha_t_5y": -1.1936643020759081, "alpha_t_full": 0.5274037741824797, "r2_5y": 0.9075861895471402, "r2_full": 0.8839554140190911, "corr_portfolio": 0.33320416418562776, "corr_benchmark": 0.5308071480829266, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.5831109378408257, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dmszx": {"sym": "dmszx", "name": "Destinations Multi Strategy Alternatives Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.033133369430583086, "alpha_t_5y": 3.4731356626798315, "alpha_t_full": 2.537079157986993, "r2_5y": 0.5658661130101695, "r2_full": 0.6183622430517614, "corr_portfolio": 0.27114533278059666, "corr_benchmark": 0.4543087195661785, "alpha_pos_frac": 0.46153846153846156, "fund_max_dd": -0.2111802646567632, "first": "2018-07-19", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": true}, "dmtfx": {"sym": "dmtfx", "name": "Nomura Tax-Free USA Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0015972537834982713, "alpha_t_5y": -0.07892471126759609, "alpha_t_full": 4.810449300228083, "r2_5y": 0.4192296053090052, "r2_full": 1.3322676295501878e-15, "corr_portfolio": 0.036736675334167974, "corr_benchmark": 0.382730787321019, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.2191387404769738, "first": "1996-06-21", "verdict": "weak/unstable alpha", "alpha_name": false}, "dmuax": {"sym": "dmuax", "name": "BNY Mellon AMT-Free Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002156309669307026, "alpha_t_5y": 0.16780938679184762, "alpha_t_full": 1.4858743044731042, "r2_5y": 0.370057844219133, "r2_full": 0.3041827222625402, "corr_portfolio": 0.03746674191228839, "corr_benchmark": 0.3457160976637616, "alpha_pos_frac": 0.5525291828793775, "fund_max_dd": -0.14361555473881005, "first": "2003-04-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "dmusx": {"sym": "dmusx", "name": "Nomura Tax-Free USA Intermediate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0021848553130692856, "alpha_t_5y": 0.15689089607979162, "alpha_t_full": 6.3385751264708246, "r2_5y": 0.40415100802611026, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.034201496748888525, "corr_benchmark": 0.359683317496382, "alpha_pos_frac": 0.5722543352601156, "fund_max_dd": -0.16399318464431345, "first": "1996-06-21", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "dnlax": {"sym": "dnlax", "name": "BNY Mellon Natural Resources Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0004073307092559654, "alpha_t_5y": 0.007367669204971283, "alpha_t_full": 1.0114236772578198, "r2_5y": 0.7406702534396785, "r2_full": 0.6610573568542131, "corr_portfolio": 0.40808297282880157, "corr_benchmark": 0.3925872954677195, "alpha_pos_frac": 0.3991031390134529, "fund_max_dd": -0.6914119234571507, "first": "2003-11-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "dnldx": {"sym": "dnldx", "name": "BNY Mellon Active MidCap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0029731348255590965, "alpha_t_5y": 0.16091812578034106, "alpha_t_full": 3.3964325858693187, "r2_5y": 0.9412390088467035, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.3173049122582174, "corr_benchmark": 0.5900722027722836, "alpha_pos_frac": 0.5680933852140078, "fund_max_dd": -0.6369021190727286, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dnmzx": {"sym": "dnmzx", "name": "PGIM NATIONAL MUNI FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008852419499294033, "alpha_t_5y": 0.8960162241916837, "alpha_t_full": 5.350810832763114, "r2_5y": 0.3374522198969441, "r2_full": 8.881784197001252e-16, "corr_portfolio": 0.06565112484460696, "corr_benchmark": 0.2731984044179144, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.1266882352215838, "first": "1999-01-26", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "dodwx": {"sym": "dodwx", "name": "Dodge & Cox Global Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0330502321250468, "alpha_t_5y": 1.4709959061069844, "alpha_t_full": 1.538092279873866, "r2_5y": 0.8861332956521408, "r2_full": 0.9363125989478127, "corr_portfolio": 0.40869798583939865, "corr_benchmark": 0.5042382991054778, "alpha_pos_frac": 0.4485981308411215, "fund_max_dd": -0.6299603238903883, "first": "2008-05-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "domix": {"sym": "domix", "name": "Domini Impact International Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002074486369211233, "alpha_t_5y": 0.1073373807556698, "alpha_t_full": -0.8663787675864414, "r2_5y": 0.9174453682327193, "r2_full": 0.8634292118303811, "corr_portfolio": 0.38584491300828866, "corr_benchmark": 0.5134959550669821, "alpha_pos_frac": 0.5435897435897435, "fund_max_dd": -0.6503433920226953, "first": "2006-12-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dpcfx": {"sym": "dpcfx", "name": "Nomura Diversified Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009827995765921152, "alpha_t_5y": -1.7573068717890346, "alpha_t_full": -0.3963947957386501, "r2_5y": 0.9482988236237405, "r2_full": 0.38187509130722885, "corr_portfolio": -0.009656929667627531, "corr_benchmark": 0.7216922354923229, "alpha_pos_frac": 0.5260115606936416, "fund_max_dd": -0.2062761957149597, "first": "2002-10-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "dpiax": {"sym": "dpiax", "name": "Destra Flaherty & Crumrine Preferred and Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.053313377151672156, "alpha_t_5y": 2.7149326228966277, "alpha_t_full": 2.4354163232402137, "r2_5y": 0.4254041825379421, "r2_full": 0.49347561710686305, "corr_portfolio": 0.2620759028493733, "corr_benchmark": 0.4467454568168038, "alpha_pos_frac": 0.5028901734104047, "fund_max_dd": -0.2992446170973274, "first": "2011-04-13", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "dpltx": {"sym": "dpltx", "name": "BNY Mellon High Yield Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003255832784294117, "alpha_t_5y": -0.4071015550497357, "alpha_t_full": 4.706119146469426, "r2_5y": 0.8522889836982803, "r2_full": -1.3322676295501878e-15, "corr_portfolio": 0.3045541105076022, "corr_benchmark": 0.43779467998861443, "alpha_pos_frac": 0.4879725085910653, "fund_max_dd": -0.28790903609103113, "first": "1997-06-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dprex": {"sym": "dprex", "name": "Nomura Global Listed Real Assets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004575627351517898, "alpha_t_5y": 0.28722101132743744, "alpha_t_full": 2.9398288050478354, "r2_5y": 0.8662873113436009, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.3218496306006807, "corr_benchmark": 0.5589713649605147, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.7112247909054027, "first": "1995-11-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dqiax": {"sym": "dqiax", "name": "BNY Mellon Equity Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020373165162797403, "alpha_t_5y": 1.4280882453151071, "alpha_t_full": 0.7483947456466892, "r2_5y": 0.9531424708072186, "r2_full": 0.9566651324766597, "corr_portfolio": 0.3479695908320923, "corr_benchmark": 0.5885668263927838, "alpha_pos_frac": 0.5191489361702127, "fund_max_dd": -0.5097112787662614, "first": "2006-07-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "drcax": {"sym": "drcax", "name": "BNY Mellon California AMT-Free Municipal Bond Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0007666573005541194, "alpha_t_5y": 0.0599765686942929, "alpha_t_full": 6.392811725057247, "r2_5y": 0.41297405738165105, "r2_full": 2.55351295663786e-15, "corr_portfolio": 0.034329131261950294, "corr_benchmark": 0.3639811993788901, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.15388195815049344, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "drcvx": {"sym": "drcvx", "name": "COMSTOCK CAPITAL VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02809901571740159, "alpha_t_5y": 2.111689500738219, "alpha_t_full": -2.1180602781760673, "r2_5y": 0.43997707341603776, "r2_full": 4.440892098500626e-16, "corr_portfolio": -0.15244119638974044, "corr_benchmark": -0.11068108122953976, "alpha_pos_frac": 0.44329896907216493, "fund_max_dd": -0.9668306570465114, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "dregx": {"sym": "dregx", "name": "DRIEHAUS EMERGING MARKETS GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.018990192398031496, "alpha_t_5y": -0.6693457064545, "alpha_t_full": 2.3293726111160926, "r2_5y": 0.8561302976974396, "r2_full": 0.34428434905661776, "corr_portfolio": 0.2924649406410685, "corr_benchmark": 0.46803941523495624, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.6543917964938011, "first": "1999-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dreqx": {"sym": "dreqx", "name": "BNY Mellon Research Growth Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.053128733863620166, "alpha_t_5y": -2.055459709064311, "alpha_t_full": 3.3386946059257125, "r2_5y": 0.9332948806130833, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.12725585195737063, "corr_benchmark": 0.6154249836225658, "alpha_pos_frac": 0.47572815533980584, "fund_max_dd": -0.5201892772112281, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "drevx": {"sym": "drevx", "name": "BNY Mellon Large Cap Securities Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010323541554385134, "alpha_t_5y": -0.6738515964150399, "alpha_t_full": 3.3980743423105197, "r2_5y": 0.9615891297705789, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.2541088104083007, "corr_benchmark": 0.6029482922964576, "alpha_pos_frac": 0.5258620689655172, "fund_max_dd": -0.546778014744478, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "drlix": {"sym": "drlix", "name": "BNY Mellon Developed Markets Real Estate Securities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00718207454249549, "alpha_t_5y": -0.404322052154902, "alpha_t_full": -1.4960817381210172, "r2_5y": 0.9307933294532229, "r2_full": 0.9136846755454687, "corr_portfolio": 0.29432039074532024, "corr_benchmark": 0.5896873656579755, "alpha_pos_frac": 0.5112107623318386, "fund_max_dd": -0.6797366464600246, "first": "2007-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "drnjx": {"sym": "drnjx", "name": "BNY Mellon New Jersey Municipal Bond Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0006997120656346468, "alpha_t_5y": 0.05281205818877172, "alpha_t_full": 6.972568873774931, "r2_5y": 0.3733906353296197, "r2_full": 1.2212453270876722e-15, "corr_portfolio": 0.03351997154967943, "corr_benchmark": 0.3490311532860499, "alpha_pos_frac": 0.5642023346303502, "fund_max_dd": -0.14480176413599744, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "drrax": {"sym": "drrax", "name": "BNY Mellon Global Real Return Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": 0.2067529835369513, "r2_5y": NaN, "r2_full": 0.6736425116088385, "corr_portfolio": 0.4427608420456678, "corr_benchmark": 0.600649061594668, "alpha_pos_frac": 0.4603174603174603, "fund_max_dd": -0.15954052131449503, "first": "2010-05-13", "verdict": "no 5y window", "alpha_name": true}, "dscpx": {"sym": "dscpx", "name": "Davenport Small Cap Focus Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.033367313176834536, "alpha_t_5y": -1.010919908880988, "alpha_t_full": 0.38754128661193366, "r2_5y": 0.8410248722311553, "r2_full": 0.8651190811736287, "corr_portfolio": 0.2565656977420842, "corr_benchmark": 0.5513194352597292, "alpha_pos_frac": 0.5746268656716418, "fund_max_dd": -0.41992677064757566, "first": "2015-01-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "dsibx": {"sym": "dsibx", "name": "BNY Mellon Short Term Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008515595518795384, "alpha_t_5y": 1.730254601494266, "alpha_t_full": 10.955035197565307, "r2_5y": 0.3025084908139921, "r2_full": 8.881784197001252e-16, "corr_portfolio": 0.042088645703269444, "corr_benchmark": 0.2739841382499099, "alpha_pos_frac": 0.5123674911660777, "fund_max_dd": -0.05924076451734317, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "dspix": {"sym": "dspix", "name": "BNY Mellon Institutional S&P 500 Stock Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0002599807916688486, "alpha_t_5y": -0.04229688474301563, "alpha_t_full": -0.07723845454491288, "r2_5y": 0.9923992259801443, "r2_full": 0.9796570470739399, "corr_portfolio": 0.27933354213830136, "corr_benchmark": 0.6165400903951814, "alpha_pos_frac": 0.48220064724919093, "fund_max_dd": -0.5531542458373537, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dstix": {"sym": "dstix", "name": "BNY Mellon Short Term Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.012825218461286493, "alpha_t_5y": 2.5859378471967895, "alpha_t_full": 8.148950086079271, "r2_5y": 0.7754012958315166, "r2_full": 5.218048215738236e-15, "corr_portfolio": 0.06714814425872993, "corr_benchmark": 0.49263164043081403, "alpha_pos_frac": 0.44508670520231214, "fund_max_dd": -0.08591386879643392, "first": "1992-08-19", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "dtcax": {"sym": "dtcax", "name": "BNY Mellon Sustainable U.S. Equity Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02776726608289761, "alpha_t_5y": -1.9134557003312158, "alpha_t_full": -2.4267333600409193, "r2_5y": 0.9622060247359655, "r2_full": 0.9465376924371556, "corr_portfolio": 0.24616118011124877, "corr_benchmark": 0.61508306985, "alpha_pos_frac": 0.5404255319148936, "fund_max_dd": -0.644111222865915, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dtgrx": {"sym": "dtgrx", "name": "BNY Mellon Technology Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02812217257942316, "alpha_t_5y": -0.836577680453762, "alpha_t_full": -0.2959155391144827, "r2_5y": 0.9269897599459976, "r2_full": 0.8711618588083082, "corr_portfolio": 0.08230918368104896, "corr_benchmark": 0.5716362418983703, "alpha_pos_frac": 0.4701195219123506, "fund_max_dd": -0.8323281591115329, "first": "1999-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dtlgx": {"sym": "dtlgx", "name": "LARGE COMPANY GROWTH PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.027558138265557773, "alpha_t_5y": -1.3713524370153765, "alpha_t_full": 3.542501105429648, "r2_5y": 0.9524056663572912, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.155855961606925, "corr_benchmark": 0.583197759067117, "alpha_pos_frac": 0.5214007782101168, "fund_max_dd": -0.5584415867898354, "first": "1992-10-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dultx": {"sym": "dultx", "name": "Nomura Ultrashort Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.015514833043040351, "alpha_t_5y": 2.9267646517808714, "alpha_t_full": 5.963531155924488, "r2_5y": 0.271179656890306, "r2_full": 0.22338386293363166, "corr_portfolio": 0.10322573220202592, "corr_benchmark": 0.11225008197521752, "alpha_pos_frac": 0.4666666666666667, "fund_max_dd": -0.054335432014206875, "first": "2016-03-08", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "dura": {"sym": "dura", "name": "VanEck Durable High Dividend ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010791615682725061, "alpha_t_5y": 0.3235541737822752, "alpha_t_full": 0.34621597931534404, "r2_5y": 0.6507339614776982, "r2_full": 0.7955404618005479, "corr_portfolio": 0.35947040355437215, "corr_benchmark": 0.49885233979163407, "alpha_pos_frac": 0.5113636363636364, "fund_max_dd": -0.33145309656420685, "first": "2018-11-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "durpx": {"sym": "durpx", "name": "U.S. High Relative Profitability Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0024246095078497803, "alpha_t_5y": -0.16230495688347746, "alpha_t_full": 0.9460361246598118, "r2_5y": 0.9490603443538893, "r2_full": 0.7016456662509637, "corr_portfolio": 0.23017095661758966, "corr_benchmark": 0.5890524088113159, "alpha_pos_frac": 0.47619047619047616, "fund_max_dd": -0.3101604741821373, "first": "2017-05-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dusa": {"sym": "dusa", "name": "Davis Select U.S. Equity ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016561986825477736, "alpha_t_5y": 0.47986294139182184, "alpha_t_full": 0.5679038662151014, "r2_5y": 0.7998078680453055, "r2_full": 0.8327524472695883, "corr_portfolio": 0.3048620383627722, "corr_benchmark": 0.5419894985594372, "alpha_pos_frac": 0.5779816513761468, "fund_max_dd": -0.3670695856081796, "first": "2017-01-13", "verdict": "weak/unstable alpha", "alpha_name": false}, "dvipx": {"sym": "dvipx", "name": "Davenport Value & Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013755787189088405, "alpha_t_5y": -0.7420935153460833, "alpha_t_full": 0.5539367165544985, "r2_5y": 0.897586827715658, "r2_full": 0.9348160818733877, "corr_portfolio": 0.38346202984370553, "corr_benchmark": 0.559510547048988, "alpha_pos_frac": 0.5054945054945055, "fund_max_dd": -0.3840182641707547, "first": "2011-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dvmhx": {"sym": "dvmhx", "name": "Nomura Minnesota High-Yield Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006742503368722792, "alpha_t_5y": 0.42247343589282477, "alpha_t_full": 6.089902168813711, "r2_5y": 0.3724765724766218, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.049883532401377446, "corr_benchmark": 0.33974367856511606, "alpha_pos_frac": 0.5895953757225434, "fund_max_dd": -0.1573915043888543, "first": "1996-06-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "dvrkx": {"sym": "dvrkx", "name": "MFS Global Alternative Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03588287341918375, "alpha_t_5y": -2.5601792923871005, "alpha_t_full": 0.11825277390891355, "r2_5y": 0.698298629153074, "r2_full": 0.598689458825495, "corr_portfolio": 0.28939483231244806, "corr_benchmark": 0.528260982200822, "alpha_pos_frac": 0.44036697247706424, "fund_max_dd": -0.36526493436948204, "first": "2007-12-20", "verdict": "weak/unstable alpha", "alpha_name": true}, "dvrux": {"sym": "dvrux", "name": "UBS US Dividend Ruler Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003111601130057287, "alpha_t_5y": 0.16725479836717647, "alpha_t_full": 0.14620086704358182, "r2_5y": 0.9082327374722615, "r2_full": 0.9106268568307392, "corr_portfolio": 0.19992630810397963, "corr_benchmark": 0.6236122961622179, "alpha_pos_frac": 0.5, "fund_max_dd": -0.19057961597769368, "first": "2020-07-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dvtax": {"sym": "dvtax", "name": "Nomura Tax-Free California Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002044004502731558, "alpha_t_5y": 0.11451389175285667, "alpha_t_full": 5.951389278636239, "r2_5y": 0.41278995319274514, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.03034395265203771, "corr_benchmark": 0.381125863100558, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.18377893301306059, "first": "1995-03-02", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "dwas": {"sym": "dwas", "name": "Invesco Dorsey Wright SmallCap Momentum ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01620736880492704, "alpha_t_5y": -0.3815967345769216, "alpha_t_full": -0.31479969797736723, "r2_5y": 0.8626158024873801, "r2_full": 0.8503754796894405, "corr_portfolio": 0.23412808528516077, "corr_benchmark": 0.5115177118320464, "alpha_pos_frac": 0.49079754601226994, "fund_max_dd": -0.46164202155985146, "first": "2012-07-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dxhyx": {"sym": "dxhyx", "name": "DIREXION MONTHLY HIGH YIELD BULL 1.2X FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03973104299671163, "alpha_t_5y": -2.5256993852942085, "alpha_t_full": -2.6947795089459814, "r2_5y": 0.7949344599426208, "r2_full": 0.7796557132818276, "corr_portfolio": 0.23914444356402656, "corr_benchmark": 0.649509388155997, "alpha_pos_frac": 0.43333333333333335, "fund_max_dd": -0.2639900428798184, "first": "2016-02-18", "verdict": "weak/unstable alpha", "alpha_name": false}, "dxklx": {"sym": "dxklx", "name": "Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05327742592060944, "alpha_t_5y": -9.813571161137762, "alpha_t_full": -4.83618690411671, "r2_5y": 0.9912927502022926, "r2_full": 0.9494617500222639, "corr_portfolio": -0.1957721594969771, "corr_benchmark": 0.6164582690638762, "alpha_pos_frac": 0.6046511627906976, "fund_max_dd": -0.4764276570083107, "first": "2005-04-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dxksx": {"sym": "dxksx", "name": "Direxion Monthly 7-10 Year Treasury Bear 1.75X Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.05037710080444283, "alpha_t_5y": 6.975249604266987, "alpha_t_full": 3.413848991601011, "r2_5y": 0.9899402650949395, "r2_full": 0.9144876769034488, "corr_portfolio": 0.1950823168815919, "corr_benchmark": -0.6028588758320356, "alpha_pos_frac": 0.4381443298969072, "fund_max_dd": -0.8423255545801098, "first": "2004-05-21", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dxnlx": {"sym": "dxnlx", "name": "Direxion Monthly NASDAQ-100(R) Bull 1.25X Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0310539956402633, "alpha_t_5y": -2.595293466647759, "alpha_t_full": 1.6637506590409845, "r2_5y": 0.9902857912195554, "r2_full": 0.8077546805725211, "corr_portfolio": 0.08683276086212995, "corr_benchmark": 0.5740753526707119, "alpha_pos_frac": 0.0847457627118644, "fund_max_dd": -0.43773529004162626, "first": "2016-04-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eaalx": {"sym": "eaalx", "name": "Eaton Vance Atlanta Capital Focused Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03696901265752422, "alpha_t_5y": -1.1317929490686065, "alpha_t_full": -0.5826290070124512, "r2_5y": 0.7866560992304283, "r2_full": 0.8655735216102656, "corr_portfolio": 0.2230849197328193, "corr_benchmark": 0.5984765949694, "alpha_pos_frac": 0.5086206896551724, "fund_max_dd": -0.5115264766751066, "first": "2003-12-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "eaamx": {"sym": "eaamx", "name": "Eaton Vance Multi-Asset Credit Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004218667191140363, "alpha_t_5y": 0.5432281809740749, "alpha_t_full": 0.9831960616258333, "r2_5y": 0.7789721690191704, "r2_full": 0.5750631987228751, "corr_portfolio": 0.3597123650486147, "corr_benchmark": 0.4237519485096767, "alpha_pos_frac": 0.5116279069767442, "fund_max_dd": -0.20878691672365368, "first": "2011-11-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "eaasx": {"sym": "eaasx", "name": "Eaton Vance Atlanta Capital SMID-Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.021347415867136014, "alpha_t_5y": -0.693280447363873, "alpha_t_full": 1.652359497200809, "r2_5y": 0.8194408813332832, "r2_full": 0.8824401570769038, "corr_portfolio": 0.3177014082475925, "corr_benchmark": 0.5410859922282494, "alpha_pos_frac": 0.5319148936170213, "fund_max_dd": -0.4554757423842022, "first": "2003-12-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "eablx": {"sym": "eablx", "name": "Eaton Vance Floating-Rate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.030510881901090418, "alpha_t_5y": 3.903486115664523, "alpha_t_full": 3.1374143408052344, "r2_5y": 0.504156488008984, "r2_full": 0.507156778168417, "corr_portfolio": 0.2986668557019146, "corr_benchmark": 0.23175272300793182, "alpha_pos_frac": 0.5144508670520231, "fund_max_dd": -0.3276498858898982, "first": "2001-11-13", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "eacax": {"sym": "eacax", "name": "Eaton Vance California Municipal Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007878176446237341, "alpha_t_5y": 0.6429912764094885, "alpha_t_full": 5.613507460862982, "r2_5y": 0.40927319398068807, "r2_full": 1.9984014443252818e-15, "corr_portfolio": 0.007281130014724794, "corr_benchmark": 0.36780226576336006, "alpha_pos_frac": 0.5375722543352601, "fund_max_dd": -0.2540129726852789, "first": "1994-05-31", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "eacox": {"sym": "eacox", "name": "Eaton Vance Emerging and Frontier Countries Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.07470519765787476, "alpha_t_5y": 2.280845478431211, "alpha_t_full": 1.10122687376264, "r2_5y": 0.7233165667232633, "r2_full": 0.7622427732948873, "corr_portfolio": 0.3503994721720836, "corr_benchmark": 0.44029665974088145, "alpha_pos_frac": 0.5441176470588235, "fund_max_dd": -0.3905782377809244, "first": "2014-11-07", "verdict": "weak/unstable alpha", "alpha_name": false}, "eacpx": {"sym": "eacpx", "name": "Eaton Vance Tax-Managed Multi-Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05504489974500366, "alpha_t_5y": -2.615630195744913, "alpha_t_full": 0.11606493479752315, "r2_5y": 0.9395679462029565, "r2_full": 0.8542716291371466, "corr_portfolio": 0.16248589674323227, "corr_benchmark": 0.6097871953101764, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.6338962265080781, "first": "2000-07-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eadix": {"sym": "eadix", "name": "Eaton Vance Global Equity Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015439900443272092, "alpha_t_5y": -1.1849582220873642, "alpha_t_full": -1.870285050049061, "r2_5y": 0.9654666964629555, "r2_full": 0.93254072933722, "corr_portfolio": 0.3245131044438337, "corr_benchmark": 0.607675358776761, "alpha_pos_frac": 0.47368421052631576, "fund_max_dd": -0.524640441925373, "first": "2003-06-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eaeax": {"sym": "eaeax", "name": "Eaton Vance Tax-Managed Equity Asset Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01933252342359916, "alpha_t_5y": -1.869367173259894, "alpha_t_full": -1.0125562890768132, "r2_5y": 0.9748501488735138, "r2_full": 0.958451390350206, "corr_portfolio": 0.30164070103259244, "corr_benchmark": 0.6123462762401266, "alpha_pos_frac": 0.47844827586206895, "fund_max_dd": -0.5470898860237592, "first": "2002-03-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eaemx": {"sym": "eaemx", "name": "Parametric Emerging Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01640610548804318, "alpha_t_5y": 0.8467740713036904, "alpha_t_full": -0.8595818642322338, "r2_5y": 0.8513286506667974, "r2_full": 0.8874442182346726, "corr_portfolio": 0.3687978123369471, "corr_benchmark": 0.4574574727293512, "alpha_pos_frac": 0.5202312138728323, "fund_max_dd": -0.6269482355167912, "first": "2006-07-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eaerx": {"sym": "eaerx", "name": "Eaton Vance Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014830609537938941, "alpha_t_5y": -1.1406610081977264, "alpha_t_full": 0.061742023412743506, "r2_5y": 0.9664374976573691, "r2_full": 0.9690809195910622, "corr_portfolio": 0.2602336920205062, "corr_benchmark": 0.6174188508050293, "alpha_pos_frac": 0.4691780821917808, "fund_max_dd": -0.48717755936188534, "first": "2001-11-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eafgx": {"sym": "eafgx", "name": "Eaton Vance Focused Growth Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.053839525262554, "alpha_t_5y": -2.498387320233103, "alpha_t_full": -2.6232174666483896, "r2_5y": 0.9449995742146255, "r2_full": 0.9480885781245032, "corr_portfolio": 0.16805590928470746, "corr_benchmark": 0.6001436445062068, "alpha_pos_frac": 0.5444444444444444, "fund_max_dd": -0.3708790250245646, "first": "2011-03-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eafhx": {"sym": "eafhx", "name": "Eaton Vance Floating-Rate & High Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02875269668850652, "alpha_t_5y": 4.089675868581449, "alpha_t_full": 3.20360147145462, "r2_5y": 0.6263919169057144, "r2_full": 0.6018210268312549, "corr_portfolio": 0.3144001347038375, "corr_benchmark": 0.29842362994861904, "alpha_pos_frac": 0.5375722543352601, "fund_max_dd": -0.3379761447333196, "first": "2001-11-13", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "eafvx": {"sym": "eafvx", "name": "Eaton Vance Focused Value Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0069441073530895035, "alpha_t_5y": 0.31944396697242333, "alpha_t_full": 1.1071220678441465, "r2_5y": 0.890776579745837, "r2_full": 0.9332948645223829, "corr_portfolio": 0.39404311760646044, "corr_benchmark": 0.5240789764244876, "alpha_pos_frac": 0.5166666666666667, "fund_max_dd": -0.4066058126549581, "first": "2011-03-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eagmx": {"sym": "eagmx", "name": "Eaton Vance Global Macro Absolute Return Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.05559035554775872, "alpha_t_5y": 5.2379756386224, "alpha_t_full": 8.039707312489185, "r2_5y": 0.07396669655814492, "r2_full": -1.1102230246251565e-15, "corr_portfolio": 0.23667567422802827, "corr_benchmark": -0.02151029112701147, "alpha_pos_frac": 0.44223107569721115, "fund_max_dd": -0.0931393650735658, "first": "1997-11-03", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": true}, "eaiix": {"sym": "eaiix", "name": "Eaton Vance Diversified Currency Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01583925898783479, "alpha_t_5y": 1.0942973407945327, "alpha_t_full": 1.5240114297439873, "r2_5y": 0.7143116208079491, "r2_full": 0.4613579551724135, "corr_portfolio": 0.09900715819469041, "corr_benchmark": 0.4160120270383883, "alpha_pos_frac": 0.48205128205128206, "fund_max_dd": -0.25325049297944235, "first": "2007-06-29", "verdict": "weak/unstable alpha", "alpha_name": false}, "eaisx": {"sym": "eaisx", "name": "Parametric International Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0008084694183662819, "alpha_t_5y": -0.05854423647203432, "alpha_t_full": 0.05172677155472544, "r2_5y": 0.9463258680623922, "r2_full": 0.9542387429533368, "corr_portfolio": 0.37272659803094654, "corr_benchmark": 0.541307347168251, "alpha_pos_frac": 0.47643979057591623, "fund_max_dd": -0.3338057847479746, "first": "2010-04-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ealbx": {"sym": "ealbx", "name": "Parametric TABS 1-to-10 Year Laddered Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013675460824854676, "alpha_t_5y": 1.5133680517434664, "alpha_t_full": 2.0835526081954416, "r2_5y": 0.3538815691940074, "r2_full": 0.32721472593034195, "corr_portfolio": 0.03614008240448274, "corr_benchmark": 0.32628457956604495, "alpha_pos_frac": 0.5538461538461539, "fund_max_dd": -0.09121672699689676, "first": "2015-05-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "ealcx": {"sym": "ealcx", "name": "Eaton Vance Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0440611542442016, "alpha_t_5y": -2.514865665162581, "alpha_t_full": -2.106869819959654, "r2_5y": 0.9605084001708735, "r2_full": 0.9485189296728637, "corr_portfolio": 0.17175278684910453, "corr_benchmark": 0.6086309405475732, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.5016369271424237, "first": "2002-09-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ealdx": {"sym": "ealdx", "name": "Eaton Vance Short Duration Government Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.015037285686228523, "alpha_t_5y": 1.4222162086730405, "alpha_t_full": 2.4898972108804935, "r2_5y": 0.38187155901726466, "r2_full": 0.27435549532334236, "corr_portfolio": 0.0013074657175294587, "corr_benchmark": 0.24407888685112553, "alpha_pos_frac": 0.4508670520231214, "fund_max_dd": -0.05688164376336924, "first": "2002-10-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "ealtx": {"sym": "ealtx", "name": "Parametric TABS 5-to-15 Year Laddered Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006946699923238599, "alpha_t_5y": 0.5483158158357734, "alpha_t_full": 2.943326274032872, "r2_5y": 0.38249419870099644, "r2_full": 0.2917293392151753, "corr_portfolio": 0.016455493216809204, "corr_benchmark": 0.34537871764698747, "alpha_pos_frac": 0.5028901734104047, "fund_max_dd": -0.13522807898881806, "first": "2010-02-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "eanax": {"sym": "eanax", "name": "Eaton Vance National Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0012800405233211508, "alpha_t_5y": 0.08776968078723449, "alpha_t_full": 4.970185034048299, "r2_5y": 0.3922525379795344, "r2_full": 3.6637359812630166e-15, "corr_portfolio": 0.029268195799753982, "corr_benchmark": 0.3370989959417019, "alpha_pos_frac": 0.6186770428015564, "fund_max_dd": -0.401348657486046, "first": "1994-04-06", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "earax": {"sym": "earax", "name": "Eaton Vance All Asset Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013203719361572329, "alpha_t_5y": -1.1806946354379628, "alpha_t_full": -1.476245657101907, "r2_5y": 0.9112338609208538, "r2_full": 0.8610211186848021, "corr_portfolio": 0.2861148464460332, "corr_benchmark": 0.7029205406492305, "alpha_pos_frac": 0.49710982658959535, "fund_max_dd": -0.19987118960568562, "first": "2011-10-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "earrx": {"sym": "earrx", "name": "Eaton Vance Short Duration Inflation-Protected Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.023249016889393733, "alpha_t_5y": 2.7597180620853816, "alpha_t_full": 2.3475584370900484, "r2_5y": 0.4644220239974066, "r2_full": 0.41026489498966145, "corr_portfolio": 0.1740512995312191, "corr_benchmark": 0.3407776619640481, "alpha_pos_frac": 0.4397905759162304, "fund_max_dd": -0.10274703432721466, "first": "2010-04-05", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "eascx": {"sym": "eascx", "name": "Eaton Vance South Carolina Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006716224599922817, "alpha_t_5y": 0.5436783216466674, "alpha_t_full": 4.582581942073789, "r2_5y": 0.34923799345800477, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.026128940466246968, "corr_benchmark": 0.331081847188618, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.29698615475028334, "first": "1994-02-22", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "eatvx": {"sym": "eatvx", "name": "Eaton Vance Tax-Managed Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00011827254278089103, "alpha_t_5y": -0.0068626052592791476, "alpha_t_full": 0.8703372650116554, "r2_5y": 0.9262818019300674, "r2_full": 0.9261257628850713, "corr_portfolio": 0.38241232550792503, "corr_benchmark": 0.551173261233534, "alpha_pos_frac": 0.5067264573991032, "fund_max_dd": -0.5299926433865081, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ebabx": {"sym": "ebabx", "name": "Eaton Vance Total Return Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013846427690727406, "alpha_t_5y": 2.3075119215063, "alpha_t_full": 0.8885621224091212, "r2_5y": 0.9241045010144655, "r2_full": 0.6574085101685896, "corr_portfolio": 0.0437455195288118, "corr_benchmark": 0.6327621974655508, "alpha_pos_frac": 0.5375722543352601, "fund_max_dd": -0.17203507336777002, "first": "2009-11-18", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ebnd": {"sym": "ebnd", "name": "State Street(R) SPDR(R) Bloomberg Emerging Markets Local Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011323790474346106, "alpha_t_5y": -0.6195190836004978, "alpha_t_full": -0.9291908390193124, "r2_5y": 0.7617567748467259, "r2_full": 0.6023412020093182, "corr_portfolio": 0.18737519696763094, "corr_benchmark": 0.5245250879003722, "alpha_pos_frac": 0.4777777777777778, "fund_max_dd": -0.29504746876441723, "first": "2011-02-25", "verdict": "weak/unstable alpha", "alpha_name": false}, "ebsax": {"sym": "ebsax", "name": "Campbell Systematic Macro Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.07497089032990685, "alpha_t_5y": 2.0743387241177764, "alpha_t_full": 1.7108004911922794, "r2_5y": 0.19405288011929833, "r2_full": 0.0719150570492959, "corr_portfolio": 0.16552819228588075, "corr_benchmark": -0.0169361883908226, "alpha_pos_frac": 0.4551282051282051, "fund_max_dd": -0.30758982702341153, "first": "2013-03-04", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "ecbsx": {"sym": "ecbsx", "name": "Parametric TABS Short-Term Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0023854577640720926, "alpha_t_5y": 0.2786047999944473, "alpha_t_full": -0.03714688311874164, "r2_5y": 0.4423345638673257, "r2_full": 0.30020896854973, "corr_portfolio": 0.0065621686361041825, "corr_benchmark": 0.3664444918693958, "alpha_pos_frac": 0.5073891625615764, "fund_max_dd": -0.10269103142615188, "first": "2009-03-31", "verdict": "weak/unstable alpha", "alpha_name": false}, "ecctx": {"sym": "ecctx", "name": "Eaton Vance Connecticut Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0003715353698777307, "alpha_t_5y": 0.028708177406360898, "alpha_t_full": 0.32589634306488524, "r2_5y": 0.36353588834882544, "r2_full": 0.22159171830907065, "corr_portfolio": 0.031128764697784188, "corr_benchmark": 0.33028381612877916, "alpha_pos_frac": 0.5144508670520231, "fund_max_dd": -0.18962768259788387, "first": "2006-02-10", "verdict": "weak/unstable alpha", "alpha_name": false}, "ediax": {"sym": "ediax", "name": "Eaton Vance Global Income Builder Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008569317870600852, "alpha_t_5y": -0.904878630380159, "alpha_t_full": -1.2144157412219487, "r2_5y": 0.9613047519755431, "r2_full": 0.9394443707080269, "corr_portfolio": 0.34682943452982234, "corr_benchmark": 0.6088959642504187, "alpha_pos_frac": 0.5964125560538116, "fund_max_dd": -0.5152707236472343, "first": "2005-12-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ediv": {"sym": "ediv", "name": "State Street(R) SPDR(R) S&P Emerging Markets Dividend ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.06892607942997787, "alpha_t_5y": 2.2383704244566265, "alpha_t_full": -0.06293045575205468, "r2_5y": 0.7222864425721718, "r2_full": 0.8385105735419819, "corr_portfolio": 0.3199748749556711, "corr_benchmark": 0.4276554627646021, "alpha_pos_frac": 0.4666666666666667, "fund_max_dd": -0.5335315909503671, "first": "2011-02-25", "verdict": "weak/unstable alpha", "alpha_name": false}, "eeiax": {"sym": "eeiax", "name": "Eaton Vance Emerging Markets Local Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018767251998195403, "alpha_t_5y": 0.8128307803618916, "alpha_t_full": 1.195302621416769, "r2_5y": 0.5673214526880224, "r2_full": 0.5990604613039465, "corr_portfolio": 0.25244039499299076, "corr_benchmark": 0.3956343531237362, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.3159673133994575, "first": "2007-06-29", "verdict": "weak/unstable alpha", "alpha_name": false}, "eeldx": {"sym": "eeldx", "name": "Eaton Vance Emerging Markets Debt Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.019336249050447996, "alpha_t_5y": 0.9865967321618315, "alpha_t_full": 4.463030200618474, "r2_5y": 0.3245157277644892, "r2_full": 0.450187157168063, "corr_portfolio": 0.33522567386556074, "corr_benchmark": 0.18883646870425844, "alpha_pos_frac": 0.5668789808917197, "fund_max_dd": -0.19128348530746953, "first": "2013-02-05", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "eelv": {"sym": "eelv", "name": "Invesco S&P Emerging Markets Low Volatility ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04253657904602487, "alpha_t_5y": 1.7573118720073726, "alpha_t_full": -0.06263412883109244, "r2_5y": 0.7510762165639603, "r2_full": 0.8095507690819461, "corr_portfolio": 0.32022259847507667, "corr_benchmark": 0.47243729432130466, "alpha_pos_frac": 0.5088757396449705, "fund_max_dd": -0.36348149243908456, "first": "2012-01-17", "verdict": "weak/unstable alpha", "alpha_name": false}, "eemgx": {"sym": "eemgx", "name": "MFS Emerging Markets Equity Research Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0068462456146716685, "alpha_t_5y": 0.1824548418491616, "alpha_t_full": 0.1824548418491616, "r2_5y": 0.7231524685556708, "r2_full": 0.7231524685556708, "corr_portfolio": 0.15473111892155827, "corr_benchmark": 0.3769680254158223, "alpha_pos_frac": 0.38333333333333336, "fund_max_dd": -0.38135196229497603, "first": "2021-02-24", "verdict": "weak/unstable alpha", "alpha_name": false}, "eemx": {"sym": "eemx", "name": "State Street(R) SPDR(R) MSCI Emerging Markets Fossil Fuel Reserves Free ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00018052814226777273, "alpha_t_5y": 0.01072777250461181, "alpha_t_full": 0.28204732797145454, "r2_5y": 0.9609451635580002, "r2_full": 0.823804057125506, "corr_portfolio": 0.21010918539523793, "corr_benchmark": 0.47106390630772793, "alpha_pos_frac": 0.36936936936936937, "fund_max_dd": -0.39903348498594526, "first": "2016-11-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "efax": {"sym": "efax", "name": "State Street(R) SPDR(R) MSCI EAFE Fossil Fuel Reserves Free ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003065434084451, "alpha_t_5y": -0.3659424422707617, "alpha_t_full": -0.08870979818858168, "r2_5y": 0.9855588851840159, "r2_full": 0.918335917784622, "corr_portfolio": 0.3158306247120682, "corr_benchmark": 0.5731622667177632, "alpha_pos_frac": 0.5625, "fund_max_dd": -0.32528469292541673, "first": "2016-11-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "egrix": {"sym": "egrix", "name": "Eaton Vance Global Macro Absolute Return Advantage Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0792507580920934, "alpha_t_5y": 4.921025818208902, "alpha_t_full": 4.652680988414438, "r2_5y": 0.0671402533785459, "r2_full": 0.17053389078371528, "corr_portfolio": 0.22290815991893495, "corr_benchmark": 0.024683988785995706, "alpha_pos_frac": 0.45698924731182794, "fund_max_dd": -0.1416510427878418, "first": "2010-09-02", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": true}, "ehstx": {"sym": "ehstx", "name": "Eaton Vance Large-Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007712089894258608, "alpha_t_5y": 0.4340116532914415, "alpha_t_full": 3.2246953980580173, "r2_5y": 0.9171066106359625, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.39669004664227214, "corr_benchmark": 0.5327133391260312, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.5347110976658067, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eigix": {"sym": "eigix", "name": "Eaton Vance Core Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007423709697813606, "alpha_t_5y": 1.3766161981089806, "alpha_t_full": -1.1651736422687564, "r2_5y": 0.9439809405456066, "r2_full": 0.8283565028241826, "corr_portfolio": -0.054562728902114596, "corr_benchmark": 0.6834188296548367, "alpha_pos_frac": 0.4277456647398844, "fund_max_dd": -0.17721119308865552, "first": "2007-03-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eimgx": {"sym": "eimgx", "name": "Eaton Vance Tax-Managed Small-Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03490206641495832, "alpha_t_5y": -1.3309178742032255, "alpha_t_full": -0.46594474913578215, "r2_5y": 0.8906435178109409, "r2_full": 0.9184495087739382, "corr_portfolio": 0.28163695375428943, "corr_benchmark": 0.5332469639055404, "alpha_pos_frac": 0.5532994923857868, "fund_max_dd": -0.3702248788013227, "first": "2009-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "einc": {"sym": "einc", "name": "VanEck Energy Income ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.12564865230786973, "alpha_t_5y": 2.1200395642009715, "alpha_t_full": -1.046459857456042, "r2_5y": 0.49885942532529604, "r2_full": 0.47550086445938544, "corr_portfolio": 0.2785385639464503, "corr_benchmark": 0.3146424436497608, "alpha_pos_frac": 0.5269461077844312, "fund_max_dd": -0.8778981992255861, "first": "2012-03-15", "verdict": "weak/unstable alpha", "alpha_name": false}, "eipcx": {"sym": "eipcx", "name": "Parametric Commodity Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04469086839890286, "alpha_t_5y": 1.71754108209293, "alpha_t_full": 1.3772603423881509, "r2_5y": 0.8197782994344772, "r2_full": 0.8205731470829059, "corr_portfolio": 0.2448952420816305, "corr_benchmark": 0.14998745961638046, "alpha_pos_frac": 0.4745762711864407, "fund_max_dd": -0.5416608193303986, "first": "2011-05-27", "verdict": "weak/unstable alpha", "alpha_name": false}, "eipix": {"sym": "eipix", "name": "EIP Growth and Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.05477544191573061, "alpha_t_5y": 1.4681532229734653, "alpha_t_full": 0.5605564655673876, "r2_5y": 0.6732236840163701, "r2_full": 0.7119405522346839, "corr_portfolio": 0.3782233394782601, "corr_benchmark": 0.46835646415510823, "alpha_pos_frac": 0.5267857142857143, "fund_max_dd": -0.43977762097405404, "first": "2016-10-18", "verdict": "weak/unstable alpha", "alpha_name": false}, "eitax": {"sym": "eitax", "name": "Parametric TABS Intermediate-Term Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00691693496461512, "alpha_t_5y": 0.554725257873979, "alpha_t_full": 2.069642814258215, "r2_5y": 0.45199992423823165, "r2_full": 0.3383373167701422, "corr_portfolio": 0.006865553426098434, "corr_benchmark": 0.38788435064033, "alpha_pos_frac": 0.4797687861271676, "fund_max_dd": -0.1307680608925934, "first": "2010-02-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "eitex": {"sym": "eitex", "name": "Parametric Tax-Managed Emerging Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018458589006030084, "alpha_t_5y": 0.952281494856256, "alpha_t_full": 2.270186252300788, "r2_5y": 0.8558238604758877, "r2_full": 0.31298542424481524, "corr_portfolio": 0.36553572604288354, "corr_benchmark": 0.45759723698363075, "alpha_pos_frac": 0.5695067264573991, "fund_max_dd": -0.6170110742007304, "first": "1999-03-11", "verdict": "sleeve mix (R\u00b2 high) - 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"etazx", "name": "Eaton Vance Arizona Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0063498045716303755, "alpha_t_5y": 0.5227020842651265, "alpha_t_full": 4.475537275015839, "r2_5y": 0.3928344443966081, "r2_full": 3.219646771412954e-15, "corr_portfolio": 0.0397228141965349, "corr_benchmark": 0.32602487844110445, "alpha_pos_frac": 0.5433526011560693, "fund_max_dd": -0.2150679531782903, "first": "1993-12-21", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "etegx": {"sym": "etegx", "name": "Eaton Vance Small-Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.033276275987886204, "alpha_t_5y": -1.2692195187659159, "alpha_t_full": -1.1756783829064965, "r2_5y": 0.8899770790016911, "r2_full": 0.8895699884943906, "corr_portfolio": 0.2833109800903885, "corr_benchmark": 0.5302140999983783, "alpha_pos_frac": 0.521551724137931, "fund_max_dd": -0.7384674594858396, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "etgax": {"sym": "etgax", "name": "Eaton Vance Georgia Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005704118146727008, "alpha_t_5y": 0.4745989615406837, "alpha_t_full": 4.530950759527436, "r2_5y": 0.38154553660167523, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.03367015698722151, "corr_benchmark": 0.32048360607310045, "alpha_pos_frac": 0.5202312138728323, "fund_max_dd": -0.27080115671355365, "first": "1993-12-15", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "etgix": {"sym": "etgix", "name": "Eaton Vance Greater India Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004001526844624067, "alpha_t_5y": 0.07614137389662627, "alpha_t_full": 2.137545346904349, "r2_5y": 0.3542343402246604, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.2646519871673826, "corr_benchmark": 0.31380935618891614, 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0.5065256772592373, "alpha_pos_frac": 0.47085201793721976, "fund_max_dd": -0.4094813299412384, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "ethyx": {"sym": "ethyx", "name": "Eaton Vance High Yield Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011608855380679137, "alpha_t_5y": 0.7573710660419589, "alpha_t_full": 5.5225394144470625, "r2_5y": 0.4196757020078946, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.048929629904924776, "corr_benchmark": 0.3497636664716599, "alpha_pos_frac": 0.5838150289017341, "fund_max_dd": -0.4398265340029561, "first": "1995-08-04", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "etmax": {"sym": "etmax", "name": "Eaton Vance Massachusetts Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003805785408381708, "alpha_t_5y": -0.2802900055849041, "alpha_t_full": 4.429852992571307, "r2_5y": 0.40568936713039305, 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Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002604244503728084, "alpha_t_5y": 0.2109758263924169, "alpha_t_full": 5.065720482653689, "r2_5y": 0.4052988220088901, "r2_full": -6.661338147750939e-16, "corr_portfolio": 0.033733671206616675, "corr_benchmark": 0.3366856421405463, "alpha_pos_frac": 0.5260115606936416, "fund_max_dd": -0.21736126152582724, "first": "1993-12-22", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "etncx": {"sym": "etncx", "name": "Eaton Vance North Carolina Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004563181766616168, "alpha_t_5y": 0.35811503711706405, "alpha_t_full": 4.7954036225563454, "r2_5y": 0.35368083804370387, "r2_full": -2.220446049250313e-15, "corr_portfolio": 0.031616235356986246, "corr_benchmark": 0.33088480241237234, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.23803112487066658, "first": "1993-12-23", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "etnjx": {"sym": "etnjx", "name": "Eaton Vance New Jersey Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0010845062150478912, "alpha_t_5y": 0.08457026383604997, "alpha_t_full": 5.079059706106152, "r2_5y": 0.39290200218248517, "r2_full": 1.5543122344752192e-15, "corr_portfolio": 0.04070918578125772, "corr_benchmark": 0.32182136952917645, "alpha_pos_frac": 0.5664739884393064, "fund_max_dd": -0.3132153453350861, "first": "1994-04-15", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "etnyx": {"sym": "etnyx", "name": "Eaton Vance New York Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0017396508002444167, "alpha_t_5y": -0.10899026851639633, "alpha_t_full": 4.8610650408783345, "r2_5y": 0.3471708265651188, "r2_full": -1.1102230246251565e-15, "corr_portfolio": 0.02932107808342956, "corr_benchmark": 0.3270126949826522, "alpha_pos_frac": 0.5758754863813229, "fund_max_dd": -0.3169171002401683, "first": "1994-04-19", "verdict": "weak/unstable alpha", "alpha_name": false}, "etohx": {"sym": "etohx", "name": "Eaton Vance Ohio Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0021400678518136407, "alpha_t_5y": -0.16798818291259462, "alpha_t_full": 4.898316159857838, "r2_5y": 0.34161000227001537, "r2_full": 1.7763568394002505e-15, "corr_portfolio": 0.04482242614897429, "corr_benchmark": 0.29578586219062314, "alpha_pos_frac": 0.5477031802120141, "fund_max_dd": -0.21706472814353628, "first": "1993-12-15", "verdict": "weak/unstable alpha", "alpha_name": false}, "etorx": {"sym": "etorx", "name": "Eaton Vance Oregon Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0005297194645402373, "alpha_t_5y": 0.04543410619205843, "alpha_t_full": 4.604097900310306, "r2_5y": 0.4005263378079461, "r2_full": 8.881784197001252e-16, "corr_portfolio": 0.02885830268350444, "corr_benchmark": 0.3406907126324785, "alpha_pos_frac": 0.5603112840466926, "fund_max_dd": -0.2839262706188187, "first": "1994-01-04", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "etpax": {"sym": "etpax", "name": "Eaton Vance Pennsylvania Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0064690593298569335, "alpha_t_5y": 0.4654975232597695, "alpha_t_full": 4.956899979944034, "r2_5y": 0.38512562291418584, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.025046369879028064, "corr_benchmark": 0.32224960816929404, "alpha_pos_frac": 0.5664739884393064, "fund_max_dd": -0.28707464143327455, "first": "1994-06-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "etsix": {"sym": "etsix", "name": "Eaton Vance Strategic Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04314681739577082, "alpha_t_5y": 4.111542447931916, "alpha_t_full": 7.945818526968516, "r2_5y": 0.37211440278032737, "r2_full": -3.552713678800501e-15, "corr_portfolio": 0.16987947446299345, "corr_benchmark": 0.2138806066000507, "alpha_pos_frac": 0.5230769230769231, "fund_max_dd": -0.12621791594506238, "first": "1998-01-26", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "ettgx": {"sym": "ettgx", "name": "Eaton Vance Tax-Managed Growth Fund 1.1", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013534372392789026, "alpha_t_5y": -1.4286504520550778, "alpha_t_full": 0.3899036245347601, "r2_5y": 0.9828096387105484, "r2_full": 0.9589890632873529, "corr_portfolio": 0.2604757771360321, "corr_benchmark": 0.6081904904791313, "alpha_pos_frac": 0.48638132295719844, "fund_max_dd": -0.5201407051886027, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "etvax": {"sym": "etvax", "name": "Eaton Vance Virginia Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0034902312247743817, "alpha_t_5y": 0.2689160715097323, "alpha_t_full": 4.194554520129342, "r2_5y": 0.37733290834978095, "r2_full": 4.3298697960381105e-15, "corr_portfolio": 0.04799583417715261, "corr_benchmark": 0.3101955890572366, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.30827313307970716, "first": "1993-12-30", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "evcgx": {"sym": "evcgx", "name": "Eaton Vance China Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07378501980432278, "alpha_t_5y": -1.3170692497148546, "alpha_t_full": 2.018202271424956, "r2_5y": 0.7189483715970104, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.17268411749891205, "corr_benchmark": 0.31796818318818754, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.683733246137826, "first": "1992-10-29", "verdict": "weak/unstable alpha", "alpha_name": false}, "evfax": {"sym": "evfax", "name": "Eaton Vance Floating-Rate Advantage Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.034345919347190945, "alpha_t_5y": 4.021323907165813, "alpha_t_full": 2.57295089662772, "r2_5y": 0.5437288632844735, "r2_full": 0.5633150335655936, "corr_portfolio": 0.29869390204325696, "corr_benchmark": 0.2258236719921, "alpha_pos_frac": 0.5317919075144508, "fund_max_dd": -0.382227164695354, "first": "2008-03-18", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "evibx": {"sym": "evibx", "name": "Eaton Vance Income Fund of Boston", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006847817796490517, "alpha_t_5y": 0.8364764047987797, "alpha_t_full": 8.474354870062657, "r2_5y": 0.8309662606563035, "r2_full": -3.3306690738754696e-15, "corr_portfolio": 0.3100889943584041, "corr_benchmark": 0.4472616460605401, "alpha_pos_frac": 0.3917525773195876, "fund_max_dd": -0.36749081489536306, "first": "1990-01-03", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "evifx": {"sym": "evifx", "name": "Eaton Vance Balanced Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0034781845304803416, "alpha_t_5y": -0.22579595976413142, "alpha_t_full": 3.8786008849854157, "r2_5y": 0.8901484067473797, "r2_full": 1.6653345369377348e-15, "corr_portfolio": 0.23962413445236072, "corr_benchmark": 0.699215552917389, "alpha_pos_frac": 0.4628975265017668, "fund_max_dd": -0.4269042312437241, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "evtmx": {"sym": "evtmx", "name": "Eaton Vance Dividend Builder Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.016264202963652805, "alpha_t_5y": -0.928088791612065, "alpha_t_full": 3.8070952671695144, "r2_5y": 0.9109487082610972, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.34464828061221303, "corr_benchmark": 0.5954258697915347, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.5373554575806381, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "evvcx": {"sym": "evvcx", "name": "The E-Valuator Very Conservative (0%-15%) RMS Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006134732206778789, "alpha_t_5y": 0.5817712388657545, "alpha_t_full": 0.7057733143272826, "r2_5y": 0.6371121087111834, "r2_full": 0.40266603839267723, "corr_portfolio": 0.17121927716575955, "corr_benchmark": 0.5676574019199958, "alpha_pos_frac": 0.49572649572649574, "fund_max_dd": -0.1570482899340091, "first": "2016-05-27", "verdict": "weak/unstable alpha", "alpha_name": false}, "exflx": {"sym": "exflx", "name": "Eaton Vance National Ultra-Short Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017968907557328537, "alpha_t_5y": 4.953805480702568, "alpha_t_full": 6.593918541132724, "r2_5y": 0.19486995320211276, "r2_full": -7.327471962526033e-15, 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0.011215972665131559, "alpha_t_5y": 1.5828657425668524, "alpha_t_full": 6.633180833529157, "r2_5y": 0.3533979658860412, "r2_full": 2.6645352591003757e-15, "corr_portfolio": 0.04265226594998753, "corr_benchmark": 0.28915513693241757, "alpha_pos_frac": 0.5265017667844523, "fund_max_dd": -0.13809914542372126, "first": "1992-05-26", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "extgx": {"sym": "extgx", "name": "Eaton Vance Tax-Managed Growth Fund 1.2", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015002889996466574, "alpha_t_5y": -1.5763801846977499, "alpha_t_full": -0.6099073816597673, "r2_5y": 0.9826394288178375, "r2_full": 0.9649340913777172, "corr_portfolio": 0.2608453934673268, "corr_benchmark": 0.6073640322410885, "alpha_pos_frac": 0.490272373540856, "fund_max_dd": -0.5216534709796947, "first": "2001-03-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "facdx": {"sym": "facdx", "name": 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-0.6077405108376344, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fdgrx": {"sym": "fdgrx", "name": "Fidelity Growth Company Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013242588934092346, "alpha_t_5y": 0.5962783041068337, "alpha_t_full": 4.414372582014522, "r2_5y": 0.951178619793258, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.12394418778043025, "corr_benchmark": 0.5980032114589615, "alpha_pos_frac": 0.45136186770428016, "fund_max_dd": -0.7160962192820404, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fdiax": {"sym": "fdiax", "name": "Fidelity Advisor Limited Term Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013419311865850993, "alpha_t_5y": -2.563859760600212, "alpha_t_full": 6.039636535659035, "r2_5y": 0.8595163654336986, "r2_full": -1.1102230246251565e-15, "corr_portfolio": -0.018102776527452603, 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"bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.06045191989912255, "alpha_t_5y": 3.003233030193939, "alpha_t_full": 4.184817202789836, "r2_5y": 0.31805402417028894, "r2_full": 0.3576393493426847, "corr_portfolio": 0.2779203240903428, "corr_benchmark": 0.33892249219330767, "alpha_pos_frac": 0.5914893617021276, "fund_max_dd": -0.31805876057279303, "first": "2006-06-01", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "femgx": {"sym": "femgx", "name": "Templeton Sustainable Emerging Markets Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011015618600933622, "alpha_t_5y": 0.5224178601366307, "alpha_t_full": 0.13371766252834352, "r2_5y": 0.5825041932985331, "r2_full": 0.3674389633856435, "corr_portfolio": 0.21856443755349889, "corr_benchmark": 0.3307613733122681, "alpha_pos_frac": 0.5197368421052632, "fund_max_dd": -0.3373578518252792, "first": "2013-06-27", "verdict": "weak/unstable alpha", "alpha_name": false}, "feqmx": {"sym": "feqmx", "name": "Fidelity Emerging Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014309528010194453, "alpha_t_5y": -0.5536252360507568, "alpha_t_full": -0.5536252360507568, "r2_5y": 0.9114742767948185, "r2_full": 0.9114742767948185, "corr_portfolio": 0.041991760606344894, "corr_benchmark": 0.5045930583729181, "alpha_pos_frac": 0.5, "fund_max_dd": -0.4135828622684036, "first": "2021-05-12", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "feqtx": {"sym": "feqtx", "name": "Fidelity Equity Dividend Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.031709772839724086, "alpha_t_5y": 1.7950942192958894, "alpha_t_full": 3.8968372162539087, "r2_5y": 0.9016848639963152, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.42123668014508014, "corr_benchmark": 0.5139673475288897, "alpha_pos_frac": 0.48638132295719844, "fund_max_dd": -0.6085816602963456, "first": "1990-08-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "feugx": {"sym": "feugx", "name": "FEDERATED HERMES ADJUSTABLE RATE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010571062267371962, "alpha_t_5y": 1.5490239366084984, "alpha_t_full": 9.473514098020164, "r2_5y": 0.26161140161040974, "r2_full": 1.2212453270876722e-15, "corr_portfolio": 0.0260029236951217, "corr_benchmark": 0.2366487782712872, "alpha_pos_frac": 0.33624454148471616, "fund_max_dd": -0.12825629299357133, "first": "1990-01-03", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "ffalx": {"sym": "ffalx", "name": "FRANKLIN GLOBAL ALLOCATION FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003074835826728336, "alpha_t_5y": 0.33607982381196627, "alpha_t_full": -0.4104890035908136, "r2_5y": 0.9542431503408519, "r2_full": 0.8262761004242491, "corr_portfolio": 0.3270600187158144, "corr_benchmark": 0.5435994404182711, "alpha_pos_frac": 0.49743589743589745, "fund_max_dd": -0.5314484690991006, "first": "2003-08-21", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ffrsx": {"sym": "ffrsx", "name": "Federated Hermes Floating Rate Strategic Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.030281348465446806, "alpha_t_5y": 4.216442875460218, "alpha_t_full": 3.0853727701095783, "r2_5y": 0.4852017841184978, "r2_full": 0.5814320060818081, "corr_portfolio": 0.29407866487899664, "corr_benchmark": 0.22891958358552295, "alpha_pos_frac": 0.5664739884393064, "fund_max_dd": -0.1712664979912586, "first": "2010-12-07", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "ffsax": {"sym": "ffsax", "name": "Touchstone Flexible Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.021466298184090633, "alpha_t_5y": 2.4873137341836657, "alpha_t_full": 0.39697285835932977, "r2_5y": 0.6289943036149597, "r2_full": 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Global Infrastructure Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.023540090806797115, "alpha_t_5y": 0.8272499313320312, "alpha_t_full": 0.5221652440540717, "r2_5y": 0.7344964615506754, "r2_full": 0.8115662405295304, "corr_portfolio": 0.3381279296996438, "corr_benchmark": 0.5592125070555943, "alpha_pos_frac": 0.5412844036697247, "fund_max_dd": -0.4934974147206159, "first": "2007-12-19", "verdict": "weak/unstable alpha", "alpha_name": false}, "fgilx": {"sym": "fgilx", "name": "Fidelity Global Equity Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00925374351372924, "alpha_t_5y": 0.7909767810854346, "alpha_t_full": 1.612510288020683, "r2_5y": 0.9572496953010522, "r2_full": 0.9592550356200517, "corr_portfolio": 0.37670632423538847, "corr_benchmark": 0.5906822857188216, "alpha_pos_frac": 0.5180722891566265, "fund_max_dd": -0.3059045335062318, "first": "2012-05-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fginx": {"sym": "fginx", "name": "Nomura Growth and Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.056967133075518754, "alpha_t_5y": 2.498384689219362, "alpha_t_full": 3.53856548917814, "r2_5y": 0.8659502765260026, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.4225712991117054, "corr_benchmark": 0.5141104912380355, "alpha_pos_frac": 0.4484304932735426, "fund_max_dd": -0.5480011413538514, "first": "1993-10-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fgrax": {"sym": "fgrax", "name": "FRANKLIN GROWTH OPPORTUNITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06585433394116318, "alpha_t_5y": -2.5192398426211176, "alpha_t_full": -1.0427525364861165, "r2_5y": 0.9255201999464349, "r2_full": 0.8864837518668675, "corr_portfolio": 0.11181137587730096, "corr_benchmark": 0.615937543576532, "alpha_pos_frac": 0.5202312138728323, "fund_max_dd": -0.7869469659662806, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fgrix": {"sym": "fgrix", "name": "Fidelity Growth & Income Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020849235675108192, "alpha_t_5y": 1.4751420639307793, "alpha_t_full": 3.660815532508202, "r2_5y": 0.9524009524014345, "r2_full": 5.551115123125783e-16, "corr_portfolio": 0.383795104572071, "corr_benchmark": 0.5239910458103776, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.6710297049395815, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fgsax": {"sym": "fgsax", "name": "Federated Hermes MDT Mid Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01673789984028069, "alpha_t_5y": -0.4655192311620683, "alpha_t_full": 3.0592632732748952, "r2_5y": 0.8584946412370462, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.17710111824068858, "corr_benchmark": 0.5951487922604605, "alpha_pos_frac": 0.5686274509803921, "fund_max_dd": -0.6616477923954933, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fgtax": {"sym": "fgtax", "name": "Fidelity Mega Cap Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016178646073999145, "alpha_t_5y": 0.9601653970333451, "alpha_t_full": 1.981425158099341, "r2_5y": 0.9422010302753028, "r2_full": 0.9645002191929034, "corr_portfolio": 0.35468380919499554, "corr_benchmark": 0.5380637862395192, "alpha_pos_frac": 0.5161290322580645, "fund_max_dd": -0.5295284548947112, "first": "2008-02-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fgtix": {"sym": "fgtix", "name": "Franklin Templeton SMACS: Series I", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0066740110047260335, "alpha_t_5y": -0.594691379496108, "alpha_t_full": 1.000158859838317, "r2_5y": 0.9595661314408197, "r2_full": 0.8115382753198572, "corr_portfolio": 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Hermes Intermediate Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007064471638118637, "alpha_t_5y": 0.7156227094946127, "alpha_t_full": 2.1880911460553447, "r2_5y": 0.39063696995848696, "r2_full": 0.28233675400639, "corr_portfolio": 0.04143770092798555, "corr_benchmark": 0.3245734987179667, "alpha_pos_frac": 0.5525291828793775, "fund_max_dd": -0.11875713502924523, "first": "2003-10-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "fisax": {"sym": "fisax", "name": "FRANKLIN LOW DURATION U.S. GOVERNMENT SECURITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003256432825898275, "alpha_t_5y": 0.4751633686029479, "alpha_t_full": 10.966782010156162, "r2_5y": 0.34386543345375764, "r2_full": 1.2212453270876722e-15, "corr_portfolio": -0.02163686881330993, "corr_benchmark": 0.15913420506680487, "alpha_pos_frac": 0.4046242774566474, "fund_max_dd": -0.047651524287965596, "first": "1990-01-03", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "fiscx": {"sym": "fiscx", "name": "FRANKLIN CONVERTIBLE SECURITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017166592329769012, "alpha_t_5y": 0.8327327286364533, "alpha_t_full": 5.2472399198678605, "r2_5y": 0.8290760169442085, "r2_full": 0.0, "corr_portfolio": 0.16063466343929783, "corr_benchmark": 0.5827470951855143, "alpha_pos_frac": 0.47398843930635837, "fund_max_dd": -0.4915683069056488, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "fisex": {"sym": "fisex", "name": "FRANKLIN EQUITY INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011336992508063458, "alpha_t_5y": 0.7941070855590396, "alpha_t_full": 3.842669406573551, "r2_5y": 0.9389050290510687, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.37683528230834645, "corr_benchmark": 0.5621860262838744, "alpha_pos_frac": 0.5650224215246636, "fund_max_dd": -0.5646168310984256, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fite": {"sym": "fite", "name": "State Street(R) SPDR(R) S&P Kensho Future Security ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04370019500722244, "alpha_t_5y": 0.9419899905551398, "alpha_t_full": 0.7690269186567842, "r2_5y": 0.7662282267840792, "r2_full": 0.7857313484297846, "corr_portfolio": 0.1781322555124147, "corr_benchmark": 0.5790093907142072, "alpha_pos_frac": 0.46938775510204084, "fund_max_dd": -0.3689549155334264, "first": "2017-12-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "fiusx": {"sym": "fiusx", "name": "Nomura Opportunity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007542373089780648, "alpha_t_5y": 0.3263964985064765, "alpha_t_full": 3.1318394471809547, "r2_5y": 0.9076857430639176, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.3756084047144957, "corr_benchmark": 0.5313688119053955, "alpha_pos_frac": 0.5112107623318386, "fund_max_dd": -0.5630195257969415, "first": "1992-08-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fivlx": {"sym": "fivlx", "name": "Fidelity International Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.027687763551897566, "alpha_t_5y": 1.5148706316154246, "alpha_t_full": -0.3303246500960697, "r2_5y": 0.930227366096895, "r2_full": 0.9456652615783896, "corr_portfolio": 0.4537226698844224, "corr_benchmark": 0.486447790427597, "alpha_pos_frac": 0.46382978723404256, "fund_max_dd": -0.6521016810682754, "first": "2006-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fkasx": {"sym": "fkasx", "name": "Federated Hermes Kaufmann Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06338297163851896, "alpha_t_5y": -1.727684215833071, "alpha_t_full": 0.11565424961598651, "r2_5y": 0.8718769647763823, "r2_full": 0.8653974693019723, 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"alpha_t_full": 7.254890327810594, "r2_5y": 0.41177032181301, "r2_full": -1.7763568394002505e-15, "corr_portfolio": 0.02355173155235927, "corr_benchmark": 0.3586772911915385, "alpha_pos_frac": 0.5517241379310345, "fund_max_dd": -0.11490272854740402, "first": "1992-09-22", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "fkdnx": {"sym": "fkdnx", "name": "FRANKLIN DYNATECH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06803497376330435, "alpha_t_5y": -2.1651995772821513, "alpha_t_full": 3.9644257467080988, "r2_5y": 0.9222894618967987, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.08533869616333321, "corr_benchmark": 0.600767215063623, "alpha_pos_frac": 0.5307443365695793, "fund_max_dd": -0.5140808279290203, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fkgrx": {"sym": "fkgrx", "name": "FRANKLIN GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.044724821525027075, "alpha_t_5y": -2.542798583769595, "alpha_t_full": 4.0235890180940075, "r2_5y": 0.9520129061510227, "r2_full": -6.661338147750939e-16, "corr_portfolio": 0.1931121147672275, "corr_benchmark": 0.6338445522583172, "alpha_pos_frac": 0.5148936170212766, "fund_max_dd": -0.5107061010369804, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fkinx": {"sym": "fkinx", "name": "FRANKLIN INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01492217997741607, "alpha_t_5y": 0.9315834468192531, "alpha_t_full": 4.97269740291123, "r2_5y": 0.7688710857530282, "r2_full": 5.551115123125783e-16, "corr_portfolio": 0.37506785017261673, "corr_benchmark": 0.550255248797732, "alpha_pos_frac": 0.47692307692307695, "fund_max_dd": -0.4294949517970694, "first": "1990-01-03", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "fkitx": {"sym": "fkitx", "name": "FRANKLIN FEDERAL INTERMEDIATE-TERM TAX-FREE INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.018942662419363012, "alpha_t_5y": -1.530774033933179, "alpha_t_full": 7.121129905137477, "r2_5y": 0.4302930032743887, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.02674321420755038, "corr_benchmark": 0.35969213995216764, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.12762616698637042, "first": "1992-09-22", "verdict": "weak/unstable alpha", "alpha_name": false}, "fklax": {"sym": "fklax", "name": "FRANKLIN LOUISIANA TAX-FREE INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0022180311669122094, "alpha_t_5y": 0.1583019948741872, "alpha_t_full": 7.172256052806458, "r2_5y": 0.37952625134016515, "r2_full": -6.661338147750939e-16, "corr_portfolio": 0.02606327662481822, "corr_benchmark": 0.3427557845821427, "alpha_pos_frac": 0.630057803468208, "fund_max_dd": -0.15786289308577728, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "fknix": {"sym": "fknix", "name": "FRANKLIN NEW YORK INTERMEDIATE-TERM TAX-FREE INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0015810732891953093, "alpha_t_5y": 0.15666255690366332, "alpha_t_full": 6.730646788240563, "r2_5y": 0.38668815303600257, "r2_full": 5.329070518200751e-15, "corr_portfolio": 0.023549153086327893, "corr_benchmark": 0.33363024643355266, "alpha_pos_frac": 0.5369649805447471, "fund_max_dd": -0.12681882765970787, "first": "1992-09-22", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "fkrcx": {"sym": "fkrcx", "name": "FRANKLIN GOLD & PRECIOUS METALS FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05303435018580915, "alpha_t_5y": -0.7247427714761386, "alpha_t_full": 2.351998701336316, "r2_5y": 0.7390913660156833, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.08327335667154538, "corr_benchmark": 0.35239425561062854, "alpha_pos_frac": 0.4663677130044843, "fund_max_dd": -0.7884796053465501, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "fkstx": {"sym": "fkstx", "name": "Nuveen Kansas Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005040008706400603, "alpha_t_5y": 0.41382822500056105, "alpha_t_full": 6.873682659498054, "r2_5y": 0.3633090742572509, "r2_full": 4.884981308350689e-15, "corr_portfolio": 0.04525520716702755, "corr_benchmark": 0.3339600389971773, "alpha_pos_frac": 0.5229681978798587, "fund_max_dd": -0.1455371103282962, "first": "1992-01-10", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "fktfx": {"sym": "fktfx", "name": "FRANKLIN CALIFORNIA TAX-FREE INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0020700964554655954, "alpha_t_5y": 0.14589966312438302, "alpha_t_full": 7.739452997771666, "r2_5y": 0.4007328169883645, "r2_full": 1.3322676295501878e-15, "corr_portfolio": 0.022989600764578136, "corr_benchmark": 0.364282279105939, "alpha_pos_frac": 0.5838150289017341, "fund_max_dd": -0.2171537400669863, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "fktix": {"sym": "fktix", "name": "FRANKLIN FEDERAL TAX-FREE INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005766096758817441, "alpha_t_5y": 0.39452825519949974, "alpha_t_full": 8.178712559501326, "r2_5y": 0.40114675488070695, "r2_full": -6.661338147750939e-16, "corr_portfolio": 0.013271103082671484, "corr_benchmark": 0.3546875894824156, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.1707370382231851, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "fkusx": {"sym": "fkusx", "name": "FRANKLIN U.S. GOVERNMENT SECURITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0037448537073192165, "alpha_t_5y": -0.549957589467208, "alpha_t_full": 6.838926822751244, "r2_5y": 0.9187366295639078, "r2_full": 2.7755575615628914e-15, "corr_portfolio": -0.09173085737296217, "corr_benchmark": 0.628828154150103, "alpha_pos_frac": 0.4666666666666667, "fund_max_dd": -0.2295751560403131, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fkutx": {"sym": "fkutx", "name": "FRANKLIN UTILITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02814779848669697, "alpha_t_5y": 0.582196410430751, "alpha_t_full": 3.8632646005020432, "r2_5y": 0.51596736055229, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.24849461315670016, "corr_benchmark": 0.47489143178392096, "alpha_pos_frac": 0.5372549019607843, "fund_max_dd": -0.43104975323324346, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "fkytx": {"sym": "fkytx", "name": "Nuveen Kentucky Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 3.056176938381113e-05, "alpha_t_5y": 0.0020650200448625493, "alpha_t_full": 7.3584387440573575, "r2_5y": 0.3652848230519, "r2_full": -3.552713678800501e-15, "corr_portfolio": 0.028148757960405855, "corr_benchmark": 0.33703656794937964, "alpha_pos_frac": 0.5953757225433526, "fund_max_dd": -0.15217626616910584, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "flaax": {"sym": "flaax", "name": "Nuveen All-American Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04657947513893723, "alpha_t_5y": -2.631726912386671, "alpha_t_full": 5.46474120840009, "r2_5y": 0.39744941094631836, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.047378915544202524, "corr_benchmark": 0.33901428720498755, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.2098899215148109, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "fldax": {"sym": "fldax", "name": "FRANKLIN LOW DURATION TOTAL RETURN FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015031127187426486, "alpha_t_5y": -2.323939575322524, "alpha_t_full": 2.5076440646897185, "r2_5y": 0.6543615687524982, "r2_full": 0.4374871498792132, "corr_portfolio": 0.09648299329217484, "corr_benchmark": 0.3139301661826249, "alpha_pos_frac": 0.49710982658959535, "fund_max_dd": -0.12836424864651963, "first": "2004-11-18", "verdict": "weak/unstable alpha", "alpha_name": false}, "flerx": {"sym": "flerx", "name": "Franklin LifeSmart 2030 Retirement Target Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004419383156703502, "alpha_t_5y": -0.49587567981669656, "alpha_t_full": -0.09251741737621468, "r2_5y": 0.9625727834154707, "r2_full": 0.6461520180282287, "corr_portfolio": 0.2547448057012771, "corr_benchmark": 0.5902522142071095, "alpha_pos_frac": 0.5673758865248227, "fund_max_dd": -0.2538294414496378, "first": "2014-05-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fljsx": {"sym": "fljsx", "name": "Franklin LifeSmart 2060 Retirement Target Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.036249605927941526, "alpha_t_5y": -2.6104855819543005, "alpha_t_full": -2.6104855819543005, "r2_5y": 0.9674987676364943, "r2_full": 0.9674987676364943, "corr_portfolio": 0.14943359245391985, "corr_benchmark": 0.6709969068408418, "alpha_pos_frac": 0.5081967213114754, "fund_max_dd": -0.2499153478268329, "first": "2021-02-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "flncx": {"sym": "flncx", "name": "Nuveen North Carolina Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0043947301579621845, "alpha_t_5y": -0.31772952509755736, "alpha_t_full": 6.72103687445959, "r2_5y": 0.38767306784096345, "r2_full": 3.885780586188048e-15, "corr_portfolio": 0.028965735782885728, "corr_benchmark": 0.35234945289145464, "alpha_pos_frac": 0.5838150289017341, "fund_max_dd": -0.17714811313244938, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "flpsx": {"sym": "flpsx", "name": "Fidelity Low-Priced Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016843539683592642, "alpha_t_5y": 0.9499322562256793, "alpha_t_full": 5.474006591523252, "r2_5y": 0.920106812828507, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.4301521797881466, "corr_benchmark": 0.5339420332127395, "alpha_pos_frac": 0.49327354260089684, "fund_max_dd": -0.5480573470118593, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "flrex": {"sym": "flrex", "name": "Franklin LifeSmart 2040 Retirement Target Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00731697453650466, "alpha_t_5y": -0.7169010552576391, "alpha_t_full": 0.5100992175016648, "r2_5y": 0.9665042742315573, "r2_full": 0.6410980323346369, "corr_portfolio": 0.2674140587662955, 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10.592627602405125, "r2_5y": 0.3665153981371826, "r2_full": 4.884981308350689e-15, "corr_portfolio": 0.060791547953353404, "corr_benchmark": 0.32101129462943345, "alpha_pos_frac": 0.5175097276264592, "fund_max_dd": -0.08566377313230544, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "fltfx": {"sym": "fltfx", "name": "Franklin LifeSmart 2055 Retirement Target Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010434715446170166, "alpha_t_5y": -0.8776284362618966, "alpha_t_full": 0.4399777047879765, "r2_5y": 0.9650720938847108, "r2_full": 0.636378016260142, "corr_portfolio": 0.2611843841923876, "corr_benchmark": 0.5603630244225022, "alpha_pos_frac": 0.4846153846153846, "fund_max_dd": -0.31454228316706956, "first": "2015-05-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fltmx": {"sym": "fltmx", "name": "Fidelity Intermediate Municipal Income Fund", "bucket": "all", 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"flvcx": {"sym": "flvcx", "name": "Fidelity Leveraged Company Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012647595065148192, "alpha_t_5y": -0.3869548301846794, "alpha_t_full": 1.599238844892835, "r2_5y": 0.8886799456536404, "r2_full": 0.8372011540675668, "corr_portfolio": 0.25392523031296393, "corr_benchmark": 0.5763282808736145, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.7002471338952535, "first": "2000-12-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fmagx": {"sym": "fmagx", "name": "Fidelity Magellan Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.040151771811970556, "alpha_t_5y": -1.859796989804183, "alpha_t_full": 3.541835663229085, "r2_5y": 0.9341719460509058, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.18824281846246044, "corr_benchmark": 0.6149847669645675, "alpha_pos_frac": 0.5603448275862069, "fund_max_dd": -0.6162321507850019, "first": "1990-01-03", "verdict": 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Michigan Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00623026406768074, "alpha_t_5y": -0.4654979854755627, "alpha_t_full": 7.258840433331054, "r2_5y": 0.37750616956276195, "r2_full": 2.3314683517128287e-15, "corr_portfolio": 0.026617862478606993, "corr_benchmark": 0.3551748159205123, "alpha_pos_frac": 0.5525291828793775, "fund_max_dd": -0.15476961987606708, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "fmndx": {"sym": "fmndx", "name": "Fidelity Conservative Income Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018430272734346796, "alpha_t_5y": 5.515726341256112, "alpha_t_full": 4.628512864686047, "r2_5y": 0.19217606063866333, "r2_full": 0.19473398811543485, "corr_portfolio": 0.08500633852659215, "corr_benchmark": 0.1503769402409435, "alpha_pos_frac": 0.4391891891891892, "fund_max_dd": -0.016864992098326703, "first": "2013-10-24", "verdict": "alpha in 5y window, but not persistent 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0.5953757225433526, "fund_max_dd": -0.148180377195528, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "fmsfx": {"sym": "fmsfx", "name": "Fidelity Advisor Mortgage Securities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0036632694198553504, "alpha_t_5y": -0.6281793967976285, "alpha_t_full": 6.792691547405651, "r2_5y": 0.9548410811462122, "r2_full": -1.1102230246251565e-15, "corr_portfolio": -0.0775404460516527, "corr_benchmark": 0.6525149211664046, "alpha_pos_frac": 0.48554913294797686, "fund_max_dd": -0.18428941832889612, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fmsgx": {"sym": "fmsgx", "name": "MFG Global Sustainable Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014742669094117825, "alpha_t_5y": 0.5891521700621833, "alpha_t_full": -0.023722907673028423, "r2_5y": 0.8222830673701853, "r2_full": 0.8617622525481555, 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0.9143006073689277, "r2_full": 0.8958071957635908, "corr_portfolio": 0.16242631954178588, "corr_benchmark": 0.5500691717161271, "alpha_pos_frac": 0.49411764705882355, "fund_max_dd": -0.5974876306071866, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fshix": {"sym": "fshix", "name": "Federated Hermes Short-Intermediate Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0002700250771104102, "alpha_t_5y": -0.03873955086968403, "alpha_t_full": 11.106076313808742, "r2_5y": 0.3503602304453901, "r2_full": -6.8833827526759706e-15, "corr_portfolio": 0.072049524327568, "corr_benchmark": 0.2762875845001613, "alpha_pos_frac": 0.5086705202312138, "fund_max_dd": -0.07074556396624676, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "fslbx": {"sym": "fslbx", "name": "Brokerage and Investment Management Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0019094026549321824, "alpha_t_5y": 0.041620989182273894, "alpha_t_full": 3.6577283764610717, "r2_5y": 0.7690201903415083, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.3071559612412713, "corr_benchmark": 0.48777741149393655, "alpha_pos_frac": 0.4745098039215686, "fund_max_dd": -0.6819603279946704, "first": "1990-01-03", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "fsoax": {"sym": "fsoax", "name": "Fidelity Advisor Value Strategies Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0372958268316791, "alpha_t_5y": 1.2668663742964472, "alpha_t_full": 2.6177734100821386, "r2_5y": 0.8781341487921753, "r2_full": 0.0, "corr_portfolio": 0.38433603057043403, "corr_benchmark": 0.5302547988136777, "alpha_pos_frac": 0.4808510638297872, "fund_max_dd": -0.7002277987270853, "first": "1994-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fspcx": {"sym": "fspcx", "name": "Insurance Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.053866042207685684, "alpha_t_5y": 1.1746762806175925, "alpha_t_full": 3.8397688122698628, "r2_5y": 0.6222091722421705, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.4015987041891363, "corr_benchmark": 0.380373367945579, "alpha_pos_frac": 0.5450980392156862, "fund_max_dd": -0.6947384306501412, "first": "1990-01-03", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "fsrbx": {"sym": "fsrbx", "name": "Banking Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0657055060604976, "alpha_t_5y": 1.1199255187971344, "alpha_t_full": 3.0037906762140123, "r2_5y": 0.7264907924875563, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.37792597383752186, "corr_benchmark": 0.3167619525214763, "alpha_pos_frac": 0.49411764705882355, "fund_max_dd": -0.7689464575928953, "first": "1990-01-03", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "fstbx": {"sym": "fstbx", "name": "Federated Hermes Global Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012797558774059832, "alpha_t_5y": -1.4903149323601346, "alpha_t_full": 3.827680600991798, "r2_5y": 0.9624074129625502, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.3359353016434706, "corr_benchmark": 0.6640146975002685, "alpha_pos_frac": 0.48878923766816146, "fund_max_dd": -0.37350965507884193, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fstkx": {"sym": "fstkx", "name": "Federated Hermes MDT Large Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04384838521618517, "alpha_t_5y": 2.4167690227989627, "alpha_t_full": 4.032367402509681, "r2_5y": 0.9226353058442258, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.38752070665304267, "corr_benchmark": 0.5364893582343886, "alpha_pos_frac": 0.49327354260089684, "fund_max_dd": -0.532118648701316, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fsvlx": {"sym": "fsvlx", "name": "Fintech Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09951358242547333, "alpha_t_5y": -1.8275208580373197, "alpha_t_full": 2.6463121463506063, "r2_5y": 0.7267338563206045, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.26358596306519483, "corr_benchmark": 0.5148710290591477, "alpha_pos_frac": 0.5686274509803921, "fund_max_dd": -0.8384446035540318, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "ftazx": {"sym": "ftazx", "name": "FRANKLIN ARIZONA TAX-FREE INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0045721796298104815, "alpha_t_5y": 0.3392896786126611, "alpha_t_full": 7.234018390107369, "r2_5y": 0.38454025255637425, "r2_full": -2.886579864025407e-15, "corr_portfolio": 0.03161666841450128, "corr_benchmark": 0.3448503352254402, "alpha_pos_frac": 0.5895953757225434, "fund_max_dd": -0.1526453638015024, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "ftbfx": {"sym": "ftbfx", "name": "Fidelity Total Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007639191408840573, "alpha_t_5y": 1.7581655955432107, "alpha_t_full": 0.8724318913533546, "r2_5y": 0.9647601740611377, "r2_full": 0.7774402349693006, "corr_portfolio": -0.029365959342688035, "corr_benchmark": 0.7280827065896481, "alpha_pos_frac": 0.4797687861271676, "fund_max_dd": -0.17607808965489224, "first": "2002-10-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ftcex": {"sym": "ftcex", "name": "Fidelity Total International Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013960952239540433, "alpha_t_5y": -1.1249458068891056, "alpha_t_full": -2.1542492302656933, "r2_5y": 0.9674366842066144, "r2_full": 0.9618956480642982, "corr_portfolio": 0.3672585313567008, 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0.9566782199311382, "r2_full": 0.8168417242405253, "corr_portfolio": 0.24777174545202987, "corr_benchmark": 0.7099145247822851, "alpha_pos_frac": 0.57847533632287, "fund_max_dd": -0.2629795119396787, "first": "2005-12-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ftfmx": {"sym": "ftfmx", "name": "Fidelity New York Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007191009293033799, "alpha_t_5y": 0.5245868023937912, "alpha_t_full": 7.005773731726126, "r2_5y": 0.39214978271454404, "r2_full": -2.220446049250313e-15, "corr_portfolio": 0.019806408170131743, "corr_benchmark": 0.35290859016383225, "alpha_pos_frac": 0.5838150289017341, "fund_max_dd": -0.1943956098398617, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "ftgax": {"sym": "ftgax", "name": "FRANKLIN GEORGIA TAX-FREE INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.001976958431182689, "alpha_t_5y": 0.1354530922404612, "alpha_t_full": 7.135954026373318, "r2_5y": 0.3990066115253107, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.018390127439754576, "corr_benchmark": 0.3593082447302564, "alpha_pos_frac": 0.5722543352601156, "fund_max_dd": -0.16447053047446725, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "ftgsx": {"sym": "ftgsx", "name": "Federated Hermes Total Return Government Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002826945511868485, "alpha_t_5y": -0.5697812305190104, "alpha_t_full": 4.042703084027988, "r2_5y": 0.9580471615111611, "r2_full": -2.220446049250313e-16, "corr_portfolio": -0.16596085921787743, "corr_benchmark": 0.6382446621312179, "alpha_pos_frac": 0.4797687861271676, "fund_max_dd": -0.20526447832468653, "first": "1995-10-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ftiax": {"sym": "ftiax", "name": "Federated Hermes Short-Term Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002509690773175421, "alpha_t_5y": 0.3939755569757987, "alpha_t_full": 4.086998969106183, "r2_5y": 0.6430049125268871, "r2_full": 0.49231038922316117, "corr_portfolio": -0.033250572639175864, "corr_benchmark": 0.40672993756969905, "alpha_pos_frac": 0.3988439306358382, "fund_max_dd": -0.05343091160125346, "first": "2004-08-27", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "ftlax": {"sym": "ftlax", "name": "Nuveen Louisiana Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004744762529590087, "alpha_t_5y": 0.33852852509917086, "alpha_t_full": 7.51115050616268, "r2_5y": 0.368067118100895, "r2_full": -4.440892098500626e-15, "corr_portfolio": 0.042525847059877574, "corr_benchmark": 0.341290652044643, "alpha_pos_frac": 0.5836575875486382, "fund_max_dd": -0.17059618409561295, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "ftnyx": {"sym": "ftnyx", "name": "Nomura Tax-Free New York Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0038048083764528795, "alpha_t_5y": 0.2270806357994201, "alpha_t_full": 6.908967659428904, "r2_5y": 0.3922426196290528, "r2_full": -3.3306690738754696e-15, "corr_portfolio": 0.03421045614263646, "corr_benchmark": 0.37092838478649454, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.17107662393375034, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "ftoix": {"sym": "ftoix", "name": "FRANKLIN OHIO TAX-FREE INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0028588260916633064, "alpha_t_5y": -0.21222678866956335, "alpha_t_full": 7.416312236287175, "r2_5y": 0.39522513334788234, "r2_full": 1.3322676295501878e-15, "corr_portfolio": 0.015404188956118737, "corr_benchmark": 0.3614007185778522, "alpha_pos_frac": 0.5992217898832685, "fund_max_dd": -0.16399834578061057, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "ftorx": {"sym": "ftorx", "name": "Nomura Tax-Free Oregon Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005348156694178752, "alpha_t_5y": 0.34334407746773066, "alpha_t_full": 6.085392060532456, "r2_5y": 0.38095567070990577, "r2_full": -2.886579864025407e-15, "corr_portfolio": 0.04259101417997382, "corr_benchmark": 0.3595973425633313, "alpha_pos_frac": 0.5895953757225434, "fund_max_dd": -0.14647579836619007, "first": "1992-05-05", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "ftrax": {"sym": "ftrax", "name": "Franklin LifeSmart Retirement Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003837818306149321, "alpha_t_5y": -0.5226437576004306, "alpha_t_full": 0.36818180534208195, "r2_5y": 0.9374297924048708, "r2_full": 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false, "alpha_ann_5y": -0.009808481798467456, "alpha_t_5y": -1.1830686606224334, "alpha_t_full": 0.10009926690369701, "r2_5y": 0.9600685767168146, "r2_full": 0.85802554085755, "corr_portfolio": 0.28039372144725155, "corr_benchmark": 0.6477594146247166, "alpha_pos_frac": 0.5874439461883408, "fund_max_dd": -0.4594764532663549, "first": "2006-08-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ftsd": {"sym": "ftsd", "name": "Franklin Short Duration U.S. Government ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.001031951243338993, "alpha_t_5y": 0.14710756084461615, "alpha_t_full": 1.0941378337350403, "r2_5y": 0.44036029008540434, "r2_full": 0.27306606693694324, "corr_portfolio": -0.06619646753337831, "corr_benchmark": 0.2667055114219655, "alpha_pos_frac": 0.49324324324324326, "fund_max_dd": -0.05319164713731206, "first": "2013-11-06", "verdict": "weak/unstable alpha", "alpha_name": false}, "fttax": {"sym": "fttax", "name": "Franklin LifeSmart 2045 Retirement Target Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011543036742187889, "alpha_t_5y": -0.9885309278313317, "alpha_t_full": -0.5195399621524368, "r2_5y": 0.9625754090421075, "r2_full": 0.8613999727481321, "corr_portfolio": 0.2966844959383955, "corr_benchmark": 0.5961400697104088, "alpha_pos_frac": 0.49230769230769234, "fund_max_dd": -0.532313010343341, "first": "2006-08-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fttmx": {"sym": "fttmx", "name": "FRANKLIN MICHIGAN TAX-FREE INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0006212312242914357, "alpha_t_5y": -0.048675133161461465, "alpha_t_full": 7.488470216175699, "r2_5y": 0.4087784519299742, "r2_full": -1.5543122344752192e-15, "corr_portfolio": 0.030386064276062247, "corr_benchmark": 0.35009940033145737, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.15648909898365393, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "fulax": {"sym": "fulax", "name": "Federated Hermes Ultrashort Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010031848033755267, "alpha_t_5y": 1.7138914028182257, "alpha_t_full": 6.131632395598892, "r2_5y": 0.3383157607024875, "r2_full": 0.17289078744729025, "corr_portfolio": 0.05345494877391817, "corr_benchmark": 0.23860152422219072, "alpha_pos_frac": 0.3583815028901734, "fund_max_dd": -0.05723176673681474, "first": "2002-10-14", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "fusgx": {"sym": "fusgx", "name": "Federated Hermes Fund for U.S. Government Securities", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006525843024051323, "alpha_t_5y": -1.0236056665738338, "alpha_t_full": 6.252671402292402, "r2_5y": 0.9445228270929185, "r2_full": 1.4432899320127035e-15, "corr_portfolio": -0.09558513282930542, "corr_benchmark": 0.6400200128223943, "alpha_pos_frac": 0.5317919075144508, 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TAX-FREE INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0007594756385080216, "alpha_t_5y": 0.05360942366457367, "alpha_t_full": 6.81940741054177, "r2_5y": 0.39251829950758577, "r2_full": 3.1086244689504383e-15, "corr_portfolio": 0.01843905074162645, "corr_benchmark": 0.35662441543946566, "alpha_pos_frac": 0.5722543352601156, "fund_max_dd": -0.16109332141622723, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "fyhtx": {"sym": "fyhtx", "name": "Fidelity Commodity Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 2.3956875251438383, "alpha_t_5y": 0.8951044876416684, "alpha_t_full": 0.7880384061071497, "r2_5y": 0.0, "r2_full": 0.0, "corr_portfolio": 0.024713011317094843, "corr_benchmark": -0.0036996827778513035, "alpha_pos_frac": NaN, "fund_max_dd": -1.4368015725411327, "first": "2017-05-31", "verdict": "weak/unstable alpha", "alpha_name": false}, "gaaex": {"sym": "gaaex", "name": "Guinness Atkinson Alternative Energy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07658977526476907, "alpha_t_5y": -1.5456830136259285, "alpha_t_full": -3.042516100385691, "r2_5y": 0.7406839795501985, "r2_full": 0.7049249517804801, "corr_portfolio": 0.2260170661068926, "corr_benchmark": 0.49742320828616154, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.859284916338576, "first": "2006-04-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "gaawx": {"sym": "gaawx", "name": "GMO International Developed Equity Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.05877301023845759, "alpha_t_5y": 2.8906775251793286, "alpha_t_full": 2.8906775251793286, "r2_5y": 0.9025245521699095, "r2_full": 0.9025245521699095, "corr_portfolio": 0.3164268708590185, "corr_benchmark": 0.535632431242472, "alpha_pos_frac": 0.4918032786885246, "fund_max_dd": -0.29681872663613906, "first": "2021-01-26", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "gabcx": {"sym": "gabcx", "name": "THE GABELLI ABC FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02721892885658869, "alpha_t_5y": 2.7030721041162797, "alpha_t_full": 6.366831397768852, "r2_5y": 0.6759165050758033, "r2_full": -1.3322676295501878e-15, "corr_portfolio": 0.30202108643448183, "corr_benchmark": 0.528479332637161, "alpha_pos_frac": 0.44508670520231214, "fund_max_dd": -0.10797674851771588, "first": "1993-05-17", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "gabvx": {"sym": "gabvx", "name": "THE GABELLI VALUE 25 FUND INC.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010559296457054747, "alpha_t_5y": 0.3469371460794164, "alpha_t_full": 3.768270609660512, "r2_5y": 0.7955845360858542, "r2_full": -8.881784197001252e-16, "corr_portfolio": 0.35375802962779046, "corr_benchmark": 0.5360506060514046, "alpha_pos_frac": 0.5129310344827587, "fund_max_dd": -0.6309228889434342, "first": "1990-01-03", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "gagax": {"sym": "gagax", "name": "The Gabelli Global Rising Income and Dividend Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002291742433622666, "alpha_t_5y": -0.10124296502139714, "alpha_t_full": 3.8078292168707737, "r2_5y": 0.8451441433412487, "r2_full": 0.3574119110612306, "corr_portfolio": 0.41212339849778756, "corr_benchmark": 0.5251957917519559, "alpha_pos_frac": 0.49586776859504134, "fund_max_dd": -0.4925311936427267, "first": "2001-05-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "gaigx": {"sym": "gaigx", "name": "GABELLI INTERNATIONAL GROWTH FUND, INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07820882019908278, "alpha_t_5y": -2.7414031772879017, "alpha_t_full": 0.11717940561838025, "r2_5y": 0.8515902513400566, "r2_full": 0.8324692877366804, "corr_portfolio": 0.27221411673735507, "corr_benchmark": 0.564477196009506, 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"sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "igiax": {"sym": "igiax", "name": "INTEGRITY GROWTH & INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0063247629752876885, "alpha_t_5y": 0.2788279313417715, "alpha_t_full": 0.16049599016849023, "r2_5y": 0.9105476384628085, "r2_full": 0.7438990006759426, "corr_portfolio": 0.27240010023681477, "corr_benchmark": 0.6045208830041928, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.7913904441167134, "first": "1999-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "iglgx": {"sym": "iglgx", "name": "Columbia Select Global Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03690978855210592, "alpha_t_5y": -1.6732491422409819, "alpha_t_full": 2.993798700681996, "r2_5y": 0.9240846296998101, "r2_full": 0.0, "corr_portfolio": 0.21918864684824255, "corr_benchmark": 0.6205183449409822, "alpha_pos_frac": 0.5112107623318386, "fund_max_dd": 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Rowe Price Maryland Tax-Free Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008932126453769432, "alpha_t_5y": 0.6688908879781814, "alpha_t_full": 7.833391942655048, "r2_5y": 0.40255359067608854, "r2_full": -2.886579864025407e-15, "corr_portfolio": 0.022030906709744655, "corr_benchmark": 0.35438088605954926, "alpha_pos_frac": 0.5664739884393064, "fund_max_dd": -0.14362447884416563, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mdyg": {"sym": "mdyg", "name": "State Street(R) SPDR(R) S & P 400(TM) Mid Cap Growth ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.020703729088302973, "alpha_t_5y": -0.855506676019241, "alpha_t_full": -0.7040464510558714, "r2_5y": 0.9226071676345393, "r2_full": 0.8505545472222141, "corr_portfolio": 0.2736991714000943, "corr_benchmark": 0.5927476020345379, "alpha_pos_frac": 0.47533632286995514, "fund_max_dd": -0.5909227967000314, "first": "2005-11-16", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "memax": {"sym": "memax", "name": "MFS Emerging Markets Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005255951788473653, "alpha_t_5y": -0.14944616653765352, "alpha_t_full": 2.2886177300487707, "r2_5y": 0.7466790874519784, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.31192719831182886, "corr_benchmark": 0.41746743194859665, "alpha_pos_frac": 0.4956140350877193, "fund_max_dd": -0.6703854572107485, "first": "1995-10-25", "verdict": "weak/unstable alpha", "alpha_name": false}, "memqx": {"sym": "memqx", "name": "Mercer Emerging Markets Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.020637521440426517, "alpha_t_5y": -0.5725445525745593, "alpha_t_full": -1.2008770532464232, "r2_5y": 0.7346045364062441, "r2_full": 0.7714023339159435, "corr_portfolio": 0.3166151938706432, "corr_benchmark": 0.41463306399950794, "alpha_pos_frac": 0.4759036144578313, "fund_max_dd": -0.40090944120685823, "first": "2012-05-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "memux": {"sym": "memux", "name": "Maine Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006632677418882479, "alpha_t_5y": -0.44845043269888146, "alpha_t_full": -0.3193855084333205, "r2_5y": 0.27707320933904245, "r2_full": 0.2894670142169936, "corr_portfolio": 0.03393714870872268, "corr_benchmark": 0.22897265337227593, "alpha_pos_frac": 0.5764705882352941, "fund_max_dd": -0.144774443774623, "first": "2019-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "merdx": {"sym": "merdx", "name": "MERIDIAN GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0929862103968035, "alpha_t_5y": -3.185213187211282, "alpha_t_full": 3.566776731542422, "r2_5y": 0.8895547290164568, "r2_full": 0.0, "corr_portfolio": 0.2063994031498285, "corr_benchmark": 0.5636630677611772, "alpha_pos_frac": 0.5474137931034483, "fund_max_dd": -0.4845131880557537, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "merfx": {"sym": "merfx", "name": "The Merger Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": 4.903343221333874, "r2_5y": NaN, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.3317244012467536, "corr_benchmark": 0.4009574281228631, "alpha_pos_frac": NaN, "fund_max_dd": -0.15097339477902627, "first": "1990-01-03", "verdict": "no 5y window", "alpha_name": false}, "mervx": {"sym": "mervx", "name": "The Merger Fund VL", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.030050512388445586, "alpha_t_5y": 2.715002279438883, "alpha_t_full": 1.3739900993219243, "r2_5y": 0.1427871669612064, "r2_full": 0.22272777578273883, "corr_portfolio": 0.1901794502253247, "corr_benchmark": 0.3053448446570055, "alpha_pos_frac": 0.5038461538461538, "fund_max_dd": -0.2699530772660991, "first": "2004-07-09", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "mfaax": {"sym": "mfaax", "name": "AMERICAN FUNDS MORTGAGE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0007573483698325975, "alpha_t_5y": -0.11160934246534777, "alpha_t_full": -0.6620905926025338, "r2_5y": 0.9313400017387017, "r2_full": 0.8913650838219493, "corr_portfolio": -0.1133606170322778, "corr_benchmark": 0.6183717601680772, "alpha_pos_frac": 0.4046242774566474, "fund_max_dd": -0.15989391614510573, "first": "2010-11-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mfalx": {"sym": "mfalx", "name": "MFS Alabama Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.001190874587066063, "alpha_t_5y": 0.0813724088511909, "alpha_t_full": 7.078793187445906, "r2_5y": 0.38722965920115093, "r2_full": 1.9984014443252818e-15, "corr_portfolio": 0.03820187136005199, "corr_benchmark": 0.3587504245002353, "alpha_pos_frac": 0.5722543352601156, "fund_max_dd": -0.16205511228176783, "first": "1990-02-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mfarx": {"sym": "mfarx", "name": "MFS Arkansas Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0047254417253136324, "alpha_t_5y": 0.3149422637829101, "alpha_t_full": 6.481787415148268, "r2_5y": 0.38374305858644986, "r2_full": 8.881784197001252e-16, "corr_portfolio": 0.02261714643723891, "corr_benchmark": 0.3525381300141011, "alpha_pos_frac": 0.5838150289017341, "fund_max_dd": -0.14530358069538063, "first": "1992-02-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mfbfx": {"sym": "mfbfx", "name": "MFS Corporate Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014143074758545326, "alpha_t_5y": -2.316427542879068, "alpha_t_full": 3.608967544494758, "r2_5y": 0.9648617194017188, "r2_full": -1.3322676295501878e-15, "corr_portfolio": 0.01292161194826797, "corr_benchmark": 0.7279598985684987, "alpha_pos_frac": 0.4797687861271676, "fund_max_dd": -0.35031705645616096, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mfcpx": {"sym": "mfcpx", "name": "M Capital Appreciation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01892785156140338, "alpha_t_5y": -0.7070858711771992, "alpha_t_full": -0.9673200523009524, "r2_5y": 0.9333416793280701, "r2_full": 0.8894961089544493, "corr_portfolio": 0.25952942042787197, "corr_benchmark": 0.5559764298087186, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.6300034699676369, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mfegx": {"sym": "mfegx", "name": "MFS Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.050789988767160246, "alpha_t_5y": -2.538432511262309, "alpha_t_full": -1.1056956289410824, "r2_5y": 0.9495660317976106, "r2_full": 0.9217650718599657, "corr_portfolio": 0.15407008501252803, "corr_benchmark": 0.6176694541780383, "alpha_pos_frac": 0.5086206896551724, "fund_max_dd": -0.7242210955224545, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mffsx": {"sym": "mffsx", "name": "MFS Lifetime 2050 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010189390208153373, "alpha_t_5y": -1.0548744502943965, "alpha_t_full": -0.3303961806030915, "r2_5y": 0.9728596480924246, "r2_full": 0.973490504859295, "corr_portfolio": 0.3395281297320811, "corr_benchmark": 0.628359592181844, "alpha_pos_frac": 0.4918918918918919, "fund_max_dd": -0.32837300052361196, "first": "2010-09-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mfiax": {"sym": "mfiax", "name": "MFS Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006640885141279144, "alpha_t_5y": 0.4777905921613778, "alpha_t_full": 5.850356793766823, "r2_5y": 0.4117601356746018, "r2_full": 1.5543122344752192e-15, "corr_portfolio": 0.040822613253877156, "corr_benchmark": 0.3609649583033511, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.16063322974906646, "first": "1993-09-08", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mfiox": {"sym": "mfiox", "name": "MFS Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006318287290912356, "alpha_t_5y": 1.0990947799727848, "alpha_t_full": 6.891650757854296, "r2_5y": 0.9348865150311987, "r2_full": -2.886579864025407e-15, "corr_portfolio": 0.030582380696160705, "corr_benchmark": 0.6636251361604526, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.18492235312769179, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mfjax": {"sym": "mfjax", "name": "MFS Lifetime 2060 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010089537781970703, "alpha_t_5y": -1.0210915580912714, "alpha_t_full": -0.4763945726515382, "r2_5y": 0.9716000473204144, "r2_full": 0.9738581036899381, "corr_portfolio": 0.31285057279273243, "corr_benchmark": 0.6589898590783575, "alpha_pos_frac": 0.4864864864864865, "fund_max_dd": -0.3298350542409729, "first": "2016-12-07", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mfpax": {"sym": "mfpax", "name": "MFS Pennsylvania Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006883171384577617, "alpha_t_5y": 0.5050298625448095, "alpha_t_full": 6.3551893283357455, "r2_5y": 0.3874227207979547, "r2_full": 1.3322676295501878e-15, "corr_portfolio": 0.03650822920090405, "corr_benchmark": 0.3523380155809375, "alpha_pos_frac": 0.6011560693641619, "fund_max_dd": -0.15721166860622415, "first": "1993-02-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mfrkx": {"sym": "mfrkx", "name": "MFS Research Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.025793862834040324, "alpha_t_5y": -2.5705650756138128, "alpha_t_full": -0.6461185932350837, "r2_5y": 0.9788046584688824, "r2_full": 0.9805701597350227, "corr_portfolio": 0.2751198803792067, "corr_benchmark": 0.6201147084452369, "alpha_pos_frac": 0.5168067226890757, "fund_max_dd": -0.52229245276682, "first": "2006-05-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mfscx": {"sym": "mfscx", "name": "MFS South Carolina Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0008044187800244385, "alpha_t_5y": 0.0565540476062628, "alpha_t_full": 6.716077359803239, "r2_5y": 0.39859751630310325, "r2_full": 7.771561172376096e-16, "corr_portfolio": 0.03344869803622136, "corr_benchmark": 0.3691486743395041, "alpha_pos_frac": 0.5953757225433526, "fund_max_dd": -0.15904209433700334, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mfsmx": {"sym": "mfsmx", "name": "MFS Maryland Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003795362458755186, "alpha_t_5y": 0.28269499853649704, "alpha_t_full": 6.8512418511611095, "r2_5y": 0.40152055605879533, "r2_full": 2.9976021664879227e-15, "corr_portfolio": 0.04800689407078949, "corr_benchmark": 0.35008542214482724, "alpha_pos_frac": 0.5664739884393064, "fund_max_dd": -0.1486639174577573, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mfssx": {"sym": "mfssx", "name": "MFS Massachusetts Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0003131037345781588, "alpha_t_5y": 0.023427303157719914, "alpha_t_full": 6.979945331501847, "r2_5y": 0.39325389120586896, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.045540515275922976, "corr_benchmark": 0.3541905040178228, "alpha_pos_frac": 0.5875486381322957, "fund_max_dd": -0.15613429643019316, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mfwtx": {"sym": "mfwtx", "name": "MFS Global Total Return Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0009682403941341421, "alpha_t_5y": 0.10366002883649138, "alpha_t_full": 4.986464467053304, "r2_5y": 0.9390573291456654, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.3973400121594816, "corr_benchmark": 0.6622511401108665, "alpha_pos_frac": 0.5, "fund_max_dd": -0.33213192157428795, "first": "1990-09-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mfwvx": {"sym": "mfwvx", "name": "MFS West Virginia Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0043221193923123355, "alpha_t_5y": 0.3067867595429904, "alpha_t_full": 6.975310582372534, "r2_5y": 0.3914996352365715, "r2_full": 7.771561172376096e-16, "corr_portfolio": 0.0168838892195488, "corr_benchmark": 0.36126085629164495, "alpha_pos_frac": 0.5433526011560693, "fund_max_dd": -0.14323970357783644, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mgfox": {"sym": "mgfox", "name": "Income Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.026452589928619808, "alpha_t_5y": 3.1228489219827082, "alpha_t_full": 3.451707286603494, "r2_5y": 0.5800012996313164, "r2_full": 0.547734623915205, "corr_portfolio": 0.1175539403175502, "corr_benchmark": 0.5305769152874877, "alpha_pos_frac": 0.5714285714285714, "fund_max_dd": -0.12019741006691975, "first": "2019-01-03", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "mghax": {"sym": "mghax", "name": "NYLI Candriam Emerging Markets Debt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0070163608216457585, "alpha_t_5y": -0.3704194202928966, "alpha_t_full": 4.316699727873747, "r2_5y": 0.5220498705084371, "r2_full": 0.0, "corr_portfolio": 0.24351720759190532, "corr_benchmark": 0.46073904306480623, "alpha_pos_frac": 0.5435897435897435, "fund_max_dd": -0.3269400046665226, "first": "1998-06-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "mgiax": {"sym": "mgiax", "name": "MFS International Intrinsic Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0153533048601892, "alpha_t_5y": -0.6852558324855665, "alpha_t_full": 3.418942096325677, "r2_5y": 0.8855694516091662, "r2_full": -6.661338147750939e-16, "corr_portfolio": 0.2942403533342004, "corr_benchmark": 0.5773293015583884, "alpha_pos_frac": 0.4723404255319149, "fund_max_dd": -0.5194145628242859, "first": "1995-10-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mglax": {"sym": "mglax", "name": "MFS Global Real Estate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.044180075807086626, "alpha_t_5y": -2.7011916606555535, "alpha_t_full": -1.0722204878260975, "r2_5y": 0.9416351411275938, "r2_full": 0.9259432209143335, "corr_portfolio": 0.2817107060825477, "corr_benchmark": 0.6120320216987074, "alpha_pos_frac": 0.47549019607843135, "fund_max_dd": -0.38549612234965636, "first": "2009-03-12", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mgrax": {"sym": "mgrax", "name": "MFS International Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010707614985157654, "alpha_t_5y": -0.47727353929660143, "alpha_t_full": 2.5759275490176328, "r2_5y": 0.8736805068948574, "r2_full": 0.0, "corr_portfolio": 0.3147090461687435, "corr_benchmark": 0.5464630271760532, "alpha_pos_frac": 0.5319148936170213, "fund_max_dd": -0.552866740151589, "first": "1995-10-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mgsex": {"sym": "mgsex", "name": "AMG Veritas Asia Pacific Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0046720152690084005, "alpha_t_5y": -0.09378876278456892, "alpha_t_full": 3.0616519058486227, "r2_5y": 0.7181944088187829, "r2_full": 0.0, "corr_portfolio": 0.20789473475757803, "corr_benchmark": 0.46895680073660795, "alpha_pos_frac": 0.5381165919282511, "fund_max_dd": -0.6205084885941838, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "mgsix": {"sym": "mgsix", "name": "MFS Government Securities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0001449840847779058, "alpha_t_5y": 0.02722411275943238, "alpha_t_full": 4.729048061150423, "r2_5y": 0.9515953740758043, "r2_full": 2.220446049250313e-16, "corr_portfolio": -0.14548801784044005, "corr_benchmark": 0.653086887321985, "alpha_pos_frac": 0.4624277456647399, "fund_max_dd": -0.18416369695853496, "first": "1997-01-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mgvax": {"sym": "mgvax", "name": "NYLI MacKay U.S. Infrastructure Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.015539960467369242, "alpha_t_5y": 2.3824497231825887, "alpha_t_full": 5.061940356523121, "r2_5y": 0.9211124158130176, "r2_full": -8.881784197001252e-16, "corr_portfolio": -0.1112774913744201, "corr_benchmark": 0.6073090086734083, "alpha_pos_frac": 0.47398843930635837, "fund_max_dd": -0.17242481610992233, "first": "1995-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mhcax": {"sym": "mhcax", "name": "NYLI MacKay High Yield Corporate Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009431974907546542, "alpha_t_5y": 1.1291009006715989, "alpha_t_full": 8.76694240763274, "r2_5y": 0.7326252574841785, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.3073651290547232, "corr_benchmark": 0.45808889376872775, "alpha_pos_frac": 0.4956896551724138, "fund_max_dd": -0.2938752305540392, "first": "1995-01-03", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "mhitx": {"sym": "mhitx", "name": "MFS High Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004605523284966248, "alpha_t_5y": -0.4226805506103496, "alpha_t_full": 7.457389220056021, "r2_5y": 0.7605544247325582, "r2_full": -5.995204332975845e-15, "corr_portfolio": 0.28028737938879433, "corr_benchmark": 0.4250876807984767, "alpha_pos_frac": 0.38144329896907214, "fund_max_dd": -0.36808717635897825, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "mhoax": {"sym": "mhoax", "name": "MFS Global High Yield Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006542395295223362, "alpha_t_5y": 0.5942597996492694, "alpha_t_full": 5.312974167628529, "r2_5y": 0.6908554355034355, "r2_full": 2.7755575615628914e-15, "corr_portfolio": 0.30456198897159154, "corr_benchmark": 0.3957718541677147, "alpha_pos_frac": 0.47766323024054985, "fund_max_dd": -0.4071365652905, "first": "1998-07-01", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "miaax": {"sym": "miaax", "name": "MFS Inflation-Adjusted Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0009104475113850766, "alpha_t_5y": -0.0688684790311801, "alpha_t_full": -0.585309476995666, "r2_5y": 0.7254559701160725, "r2_full": 0.6318130483771504, "corr_portfolio": -0.06085626706382225, "corr_benchmark": 0.6136043932592227, "alpha_pos_frac": 0.5404255319148936, "fund_max_dd": -0.16045155675726652, "first": "2003-10-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "miazx": {"sym": "miazx", "name": "American Funds Multi-Sector Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010338825438792146, "alpha_t_5y": 1.537555963250717, "alpha_t_full": 1.1358155668362127, "r2_5y": 0.882935487842261, "r2_full": 0.8659186937870744, "corr_portfolio": 0.188515737598151, "corr_benchmark": 0.6524867591427497, "alpha_pos_frac": 0.6385542168674698, "fund_max_dd": -0.16540777978717514, "first": "2019-03-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "midax": {"sym": "midax", "name": "MFS International New Discovery Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.029535018480557455, "alpha_t_5y": -1.4277487966398312, "alpha_t_full": 1.1522119001178972, "r2_5y": 0.8615990838304975, "r2_full": 0.8542660814204679, "corr_portfolio": 0.33810503095247857, "corr_benchmark": 0.5471006709669395, "alpha_pos_frac": 0.5381165919282511, "fund_max_dd": -0.5859082757343431, "first": "2001-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "midsx": {"sym": "midsx", "name": "Midas Discovery", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06208090694235108, "alpha_t_5y": -0.7635851367643817, "alpha_t_full": 1.07047462398137, "r2_5y": 0.7107641661619009, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.07419810240469338, "corr_benchmark": 0.321855252738924, "alpha_pos_frac": 0.515695067264574, "fund_max_dd": -0.8972083614697808, "first": "1995-11-10", "verdict": "weak/unstable alpha", "alpha_name": false}, "mieix": {"sym": "mieix", "name": "MFS International Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002931712899200693, "alpha_t_5y": 0.15230068022339197, "alpha_t_full": 2.39185693007181, "r2_5y": 0.9087849373149821, "r2_full": 0.8846952588022736, "corr_portfolio": 0.36036571349694957, "corr_benchmark": 0.5241524250062757, "alpha_pos_frac": 0.515695067264574, "fund_max_dd": -0.5313386071776649, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "migfx": {"sym": "migfx", "name": "Massachusetts Investors Growth Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04158667768560414, "alpha_t_5y": -2.2798102851251274, "alpha_t_full": 3.2321422674754348, "r2_5y": 0.9336986198197801, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.24585830162798583, "corr_benchmark": 0.6230312827479214, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.6203790823370595, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mishx": {"sym": "mishx", "name": "AB Municipal Income Shares", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011446764811625796, "alpha_t_5y": 0.7419287284250975, "alpha_t_full": 1.835673656579206, "r2_5y": 0.41444699689333964, "r2_full": 0.38754983738488114, "corr_portfolio": 0.07425345783766146, "corr_benchmark": 0.36791631091459787, "alpha_pos_frac": 0.5714285714285714, "fund_max_dd": -0.190287122274294, "first": "2012-10-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "missx": {"sym": "missx", "name": "MFS Mississippi Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0012290669059077611, "alpha_t_5y": 0.09067103851556427, "alpha_t_full": 6.236777692457195, "r2_5y": 0.3944342801888926, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.043796846835850334, "corr_benchmark": 0.3679095184987909, "alpha_pos_frac": 0.5953757225433526, "fund_max_dd": -0.14610287868826866, "first": "1992-08-04", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mittx": {"sym": "mittx", "name": "Massachusetts Investors Trust", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01597981555542135, "alpha_t_5y": -1.367731246029588, "alpha_t_full": 3.207235035810628, "r2_5y": 0.9680114311786376, "r2_full": -6.661338147750939e-16, "corr_portfolio": 0.29394342048664124, "corr_benchmark": 0.6057170728650096, "alpha_pos_frac": 0.48936170212765956, "fund_max_dd": -0.49533912566647176, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "miucx": {"sym": "miucx", "name": "MFS Municipal Intermediate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0007736679077789817, "alpha_t_5y": 0.06900515606492541, "alpha_t_full": 0.06900515606492541, "r2_5y": 0.397695178425423, "r2_full": 0.397695178425423, "corr_portfolio": -0.044368406885342215, "corr_benchmark": 0.38225745246066273, "alpha_pos_frac": 0.5263157894736842, "fund_max_dd": -0.13149310973505723, "first": "2021-05-19", "verdict": "weak/unstable alpha", "alpha_name": false}, "mkvhx": {"sym": "mkvhx", "name": "MFS International Large Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04115854081605162, "alpha_t_5y": 2.1935895543826374, "alpha_t_full": 1.9106552370931311, "r2_5y": 0.9142000449411467, "r2_full": 0.913000033808753, "corr_portfolio": 0.33790459233033604, "corr_benchmark": 0.5127451133626689, "alpha_pos_frac": 0.5, "fund_max_dd": -0.267053612596316, "first": "2020-07-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mlaax": {"sym": "mlaax", "name": "NYLI Winslow Large Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04693919508043705, "alpha_t_5y": -2.218898761905965, "alpha_t_full": 1.9919994273639843, "r2_5y": 0.9498331750302941, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.15129553297888432, "corr_benchmark": 0.6072017080180797, "alpha_pos_frac": 0.5525291828793775, "fund_max_dd": -0.830086591930398, "first": "1995-07-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mlfax": {"sym": "mlfax", "name": "MFS Lifetime 2040 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010662257242045314, "alpha_t_5y": -1.1925212912316558, "alpha_t_full": -0.5309967772585511, "r2_5y": 0.9715740223020346, "r2_full": 0.9606868665944949, "corr_portfolio": 0.3403442129200188, "corr_benchmark": 0.6310227427889278, "alpha_pos_frac": 0.5605381165919282, "fund_max_dd": -0.5520543210285819, "first": "2005-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mllax": {"sym": "mllax", "name": "MFS Lifetime Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002206845245548551, "alpha_t_5y": 0.3436561669668705, "alpha_t_full": 0.5162912381071653, "r2_5y": 0.9299518635986345, "r2_full": 0.906614747694348, "corr_portfolio": 0.2652696110425647, "corr_benchmark": 0.8189736304847942, "alpha_pos_frac": 0.4484304932735426, "fund_max_dd": -0.17014982949128687, "first": "2005-12-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mlozx": {"sym": "mlozx", "name": "Cohen & Steers Future of Energy Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0822266801048786, "alpha_t_5y": 1.8617711033891573, "alpha_t_full": 0.38077980087088875, "r2_5y": 0.6880639404426663, "r2_full": 0.6472872313753298, "corr_portfolio": 0.3150019859671362, "corr_benchmark": 0.3811773111229306, "alpha_pos_frac": 0.5069444444444444, "fund_max_dd": -0.7228605419837566, "first": "2013-12-24", "verdict": "weak/unstable alpha", "alpha_name": false}, "mlpnx": {"sym": "mlpnx", "name": "Invesco SteelPath MLP Alpha Plus Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.14530881568903511, "alpha_t_5y": 1.9717176111970138, "alpha_t_full": 0.030374216268723147, "r2_5y": 0.5425413682369193, "r2_full": 0.4767618524329206, "corr_portfolio": 0.27161437559147467, "corr_benchmark": 0.30427224271166137, "alpha_pos_frac": 0.5411764705882353, "fund_max_dd": -0.8861104912771193, "first": "2012-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "mlpox": {"sym": "mlpox", "name": "Invesco SteelPath MLP Alpha Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.1143779148847129, "alpha_t_5y": 2.02786521621799, "alpha_t_full": 0.08167310097517344, "r2_5y": 0.5478892896125177, "r2_full": 0.44094454075860356, "corr_portfolio": 0.2807528433865705, "corr_benchmark": 0.3055473548983511, "alpha_pos_frac": 0.5392670157068062, "fund_max_dd": -0.7695901426332562, "first": "2010-04-06", "verdict": "weak/unstable alpha", "alpha_name": false}, "mlptx": {"sym": "mlptx", "name": "Invesco SteelPath MLP Select 40 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.12110915863336069, "alpha_t_5y": 2.3510972278672675, "alpha_t_full": 0.3498456748038772, "r2_5y": 0.5517850045490342, "r2_full": 0.4670401856479548, "corr_portfolio": 0.28958630942917907, "corr_benchmark": 0.3212154875447154, "alpha_pos_frac": 0.518324607329843, "fund_max_dd": -0.7562165802366865, "first": "2010-04-07", "verdict": "weak/unstable alpha", "alpha_name": false}, "mlpzx": {"sym": "mlpzx", "name": "Invesco SteelPath MLP Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.12236777531489836, "alpha_t_5y": 2.3057578486075245, "alpha_t_full": 0.10097925386453682, "r2_5y": 0.5175796406487942, "r2_full": 0.4397760079644101, "corr_portfolio": 0.2745000022239705, "corr_benchmark": 0.30154532161035347, "alpha_pos_frac": 0.5130890052356021, "fund_max_dd": -0.7750873621803462, "first": "2010-04-06", "verdict": "weak/unstable alpha", "alpha_name": false}, "mltax": {"sym": "mltax", "name": "MFS Lifetime 2030 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004996318696231012, "alpha_t_5y": -0.6320101420323838, "alpha_t_full": -0.02722339719602806, "r2_5y": 0.9484560546377749, "r2_full": 0.9238878825384347, "corr_portfolio": 0.3250432882114806, "corr_benchmark": 0.6657507398252157, "alpha_pos_frac": 0.48717948717948717, "fund_max_dd": -0.5318399416003592, "first": "2005-09-30", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "mnrmx": {"sym": "mnrmx", "name": "Manor Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005307722220776133, "alpha_t_5y": 0.19479662111974452, "alpha_t_full": -1.247755685649987, "r2_5y": 0.8702340884161026, "r2_full": 0.9237784915468855, "corr_portfolio": 0.33636152587969614, "corr_benchmark": 0.5620215762836303, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.49152982771980447, "first": "2006-07-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mnwax": {"sym": "mnwax", "name": "MFS Managed Wealth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": -0.041926571570855116, "r2_5y": NaN, "r2_full": 0.5180897174710115, "corr_portfolio": 0.3456002995566502, "corr_benchmark": 0.4308505913200711, "alpha_pos_frac": 0.5394736842105263, "fund_max_dd": -0.06235307081803876, "first": "2014-07-02", "verdict": "no 5y window", "alpha_name": false}, "moat": {"sym": "moat", "name": "VanEck Morningstar Wide Moat ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0005363513262080999, "alpha_t_5y": 0.0175076342665244, "alpha_t_full": 0.8265659434245576, "r2_5y": 0.83438391176681, "r2_full": 0.8631951498254375, "corr_portfolio": 0.25721371933567966, "corr_benchmark": 0.5803344039341476, "alpha_pos_frac": 0.4457831325301205, "fund_max_dd": -0.33309775447917445, "first": "2012-04-26", "verdict": "weak/unstable alpha", "alpha_name": false}, "mofix": {"sym": "mofix", "name": "Mercer Opportunistic Fixed Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002270239965934976, "alpha_t_5y": -0.210297341120211, "alpha_t_full": -0.210297341120211, "r2_5y": 0.6903426521171343, "r2_full": 0.6903426521171343, "corr_portfolio": 0.09597879206857933, "corr_benchmark": 0.6499746816875767, "alpha_pos_frac": 0.5245901639344263, "fund_max_dd": -0.1899738846231247, "first": "2021-02-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "moglx": {"sym": "moglx", "name": "Gabelli Media Mogul Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.045771610394619744, "alpha_t_5y": -0.9861003681024647, "alpha_t_full": -1.0728225847086585, "r2_5y": 0.627143267764862, "r2_full": 0.7330678296104343, "corr_portfolio": 0.24621880862907888, "corr_benchmark": 0.543323462915558, "alpha_pos_frac": 0.4819277108433735, "fund_max_dd": -0.4575986753864921, "first": "2019-04-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "montx": {"sym": "montx", "name": "Monetta Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.035675992266347996, "alpha_t_5y": -1.6517931119407059, "alpha_t_full": 3.0310845755166644, "r2_5y": 0.9391475060762877, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.21841731619562407, "corr_benchmark": 0.587795555640042, "alpha_pos_frac": 0.42105263157894735, "fund_max_dd": -0.674386116984544, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mort": {"sym": "mort", "name": "VanEck Mortgage REIT Income ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.046574801220298084, "alpha_t_5y": -0.8001561033635611, "alpha_t_full": -1.351198286262291, "r2_5y": 0.6514336771813702, "r2_full": 0.5440210655287441, "corr_portfolio": 0.2600694928777911, "corr_benchmark": 0.4819310106601174, "alpha_pos_frac": 0.5574712643678161, "fund_max_dd": -0.7013105192180734, "first": "2011-08-18", "verdict": "weak/unstable alpha", "alpha_name": false}, "motg": {"sym": "motg", "name": "VanEck Morningstar Global Wide Moat ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.017439916615886474, "alpha_t_5y": -0.8584007779566446, "alpha_t_full": -0.14115790567306477, "r2_5y": 0.9055281106991185, "r2_full": 0.9075642364477754, "corr_portfolio": 0.2759722374625135, "corr_benchmark": 0.638475519029152, "alpha_pos_frac": 0.5454545454545454, "fund_max_dd": -0.3182100949407586, "first": "2018-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "moti": {"sym": "moti", "name": "VanEck Morningstar International Moat ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008080821558984102, "alpha_t_5y": -0.23882261313975328, "alpha_t_full": -0.37169982628595566, "r2_5y": 0.7849723527818004, "r2_full": 0.733603657180085, "corr_portfolio": 0.31413539446318167, "corr_benchmark": 0.46236600397976585, "alpha_pos_frac": 0.53125, "fund_max_dd": -0.36695680814492315, "first": "2015-07-15", "verdict": "weak/unstable alpha", "alpha_name": false}, "mpblx": {"sym": "mpblx", "name": "BNY Mellon Asset Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0063375315112128554, "alpha_t_5y": -0.8691672215177436, "alpha_t_full": 1.0731449622390088, "r2_5y": 0.9779779399512936, "r2_full": 0.9136779324851007, "corr_portfolio": 0.30356474535184985, "corr_benchmark": 0.6389030802175217, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.3475601561759969, "first": "2000-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mqlix": {"sym": "mqlix", "name": "MFS Limited Maturity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008341035221594158, "alpha_t_5y": -1.0837457888624018, "alpha_t_full": 7.510323071189861, "r2_5y": 0.6117190859980202, "r2_full": 5.995204332975845e-15, "corr_portfolio": -0.0016491179864874315, "corr_benchmark": 0.3711911676887714, "alpha_pos_frac": 0.43352601156069365, "fund_max_dd": -0.08488763305466285, "first": "1997-01-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "mrbkx": {"sym": "mrbkx", "name": "MFS Total Return Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00497761202887931, "alpha_t_5y": 1.0930032463783625, "alpha_t_full": 0.20912403852135503, "r2_5y": 0.961757131551161, "r2_full": 0.8353996808125417, "corr_portfolio": -0.024247344596193824, "corr_benchmark": 0.7131435704013737, "alpha_pos_frac": 0.4624277456647399, "fund_max_dd": -0.18572770035473607, "first": "2006-05-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mresx": {"sym": "mresx", "name": "Cromwell CenterSquare Real Estate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009769795318857718, "alpha_t_5y": 1.0962634498652928, "alpha_t_full": -0.4490540138517166, "r2_5y": 0.9870242762155096, "r2_full": 0.9659027346289282, "corr_portfolio": 0.2321578792288191, "corr_benchmark": 0.563378091334705, "alpha_pos_frac": 0.44508670520231214, "fund_max_dd": -0.7174363305643854, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mrgax": {"sym": "mrgax", "name": "MFS Core Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.017908658471921742, "alpha_t_5y": -1.9521149661313162, "alpha_t_full": 0.5350147882341537, "r2_5y": 0.982734090842256, "r2_full": 0.9650489709742334, "corr_portfolio": 0.27634311013642404, "corr_benchmark": 0.6188897497389253, "alpha_pos_frac": 0.5058365758754864, "fund_max_dd": -0.5403562390304523, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mrskx": {"sym": "mrskx", "name": "MFS Research International Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013332755638747558, "alpha_t_5y": -0.8140070168444207, "alpha_t_full": -1.2254763461876501, "r2_5y": 0.9309799803948292, "r2_full": 0.9231394937663148, "corr_portfolio": 0.3581214974209057, "corr_benchmark": 0.5366540658866393, "alpha_pos_frac": 0.5672268907563025, "fund_max_dd": -0.6399014789588952, "first": "2006-05-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mscgx": {"sym": "mscgx", "name": "Mercer US Small/Mid Cap Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008260717541526586, "alpha_t_5y": -0.4498670753751562, "alpha_t_full": 0.07501833418209852, "r2_5y": 0.9501515116405865, "r2_full": 0.9574693774526903, "corr_portfolio": 0.2782281710530694, "corr_benchmark": 0.6015776672938628, "alpha_pos_frac": 0.5783132530120482, "fund_max_dd": -0.41296625208979, "first": "2019-04-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "msfrx": {"sym": "msfrx", "name": "MFS Total Return Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003467575355310126, "alpha_t_5y": 0.3024521290653845, "alpha_t_full": 4.645766274387914, "r2_5y": 0.9131399172020205, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.3683323917778254, "corr_benchmark": 0.6657721745608794, "alpha_pos_frac": 0.5214007782101168, "fund_max_dd": -0.3727951218647938, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "msggx": {"sym": "msggx", "name": "Meridian Small Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05596125493203907, "alpha_t_5y": -1.7929810350570483, "alpha_t_full": 0.03078713081864525, "r2_5y": 0.8728532043174718, "r2_full": 0.8805701922862396, "corr_portfolio": 0.19653228345622936, "corr_benchmark": 0.5303521303763729, "alpha_pos_frac": 0.5205479452054794, "fund_max_dd": -0.4056165443062063, "first": "2013-12-18", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "msncx": {"sym": "msncx", "name": "MFS North Carolina Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0028645287763224073, "alpha_t_5y": 0.20384050699588666, "alpha_t_full": 6.853949402327766, "r2_5y": 0.4018300658006301, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.048390994087632665, "corr_benchmark": 0.3544622367222928, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.15249646452010668, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "msnyx": {"sym": "msnyx", "name": "MFS New York Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00283618873030621, "alpha_t_5y": 0.18007206237640622, "alpha_t_full": 6.446994527187502, "r2_5y": 0.39602356898398894, "r2_full": 1.5543122344752192e-15, "corr_portfolio": 0.03825837225700997, "corr_benchmark": 0.36868272488606396, "alpha_pos_frac": 0.5953757225433526, "fund_max_dd": -0.17864511320809917, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "msoax": {"sym": "msoax", "name": "NYLI WMC Enduring Capital Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013009819221650227, "alpha_t_5y": -0.48138864630322453, "alpha_t_full": -1.6793859948257104, "r2_5y": 0.8349372697453376, "r2_full": 0.9166798448904425, "corr_portfolio": 0.31599586906236515, "corr_benchmark": 0.5826976480331095, "alpha_pos_frac": 0.6297872340425532, "fund_max_dd": -0.551564023805529, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "mstbx": {"sym": "mstbx", "name": "Morningstar Defensive Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006952152959684926, "alpha_t_5y": 1.3302126864268995, "alpha_t_full": 1.9904119935690736, "r2_5y": 0.79276252522522, "r2_full": 0.7539032181951857, "corr_portfolio": -0.09222762338952366, "corr_benchmark": 0.5873942176275673, "alpha_pos_frac": 0.5348837209302325, "fund_max_dd": -0.06306496083748692, "first": "2019-01-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "mstfx": {"sym": "mstfx", "name": "Morningstar International Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0010593667797037707, "alpha_t_5y": -0.06525150810133654, "alpha_t_full": 0.2019244785497293, "r2_5y": 0.941603838892913, "r2_full": 0.9427575689006388, "corr_portfolio": 0.3481834003496687, "corr_benchmark": 0.5520930028543095, "alpha_pos_frac": 0.4431818181818182, "fund_max_dd": -0.36651986586523566, "first": "2018-11-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mstgx": {"sym": "mstgx", "name": "Morningstar Global Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.012616965265088518, "alpha_t_5y": 0.9933531707798834, "alpha_t_full": 0.009920716223700035, "r2_5y": 0.849490393089128, "r2_full": 0.8775993592498914, "corr_portfolio": 0.39633968676694725, "corr_benchmark": 0.6542921591700454, "alpha_pos_frac": 0.5909090909090909, "fund_max_dd": -0.2796213154884577, "first": "2018-11-08", "verdict": "weak/unstable alpha", "alpha_name": false}, "mstpx": {"sym": "mstpx", "name": "Morningstar Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008090068325794926, "alpha_t_5y": 0.8044695679879178, "alpha_t_full": 1.2278391809339508, "r2_5y": 0.3261032262972764, "r2_full": 0.33832288751941175, "corr_portfolio": 0.06023607150977809, "corr_benchmark": 0.3602284180579085, "alpha_pos_frac": 0.5227272727272727, "fund_max_dd": -0.10903136070947106, "first": "2018-11-08", "verdict": "weak/unstable alpha", "alpha_name": false}, "mstqx": {"sym": "mstqx", "name": "Morningstar U.S. Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0041315170609814225, "alpha_t_5y": -0.1608694975109107, "alpha_t_full": 0.002749717600027579, "r2_5y": 0.8671194959326117, "r2_full": 0.9097937452625725, "corr_portfolio": 0.28865935307024193, "corr_benchmark": 0.610527221674232, "alpha_pos_frac": 0.4772727272727273, "fund_max_dd": -0.3826394269893434, "first": "2018-11-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "msvax": {"sym": "msvax", "name": "MFS Virginia Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0009957515234129623, "alpha_t_5y": 0.0687098259676151, "alpha_t_full": 6.721629916597085, "r2_5y": 0.40142484409289936, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.0410074257904861, "corr_benchmark": 0.3592617062686689, "alpha_pos_frac": 0.5838150289017341, "fund_max_dd": -0.15078391213833298, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mtbax": {"sym": "mtbax", "name": "NYLI MacKay Tax Free Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0007406245087870841, "alpha_t_5y": 0.05489553348841294, "alpha_t_full": 6.17380049147084, "r2_5y": 0.3701846687422887, "r2_full": 8.881784197001252e-16, "corr_portfolio": 0.04895433019990402, "corr_benchmark": 0.3117556708427996, "alpha_pos_frac": 0.5722543352601156, "fund_max_dd": -0.15756058686053198, "first": "1995-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mtcax": {"sym": "mtcax", "name": "MFS Technology Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.027948351418715777, "alpha_t_5y": -1.0468238163735417, "alpha_t_full": -0.38039341423190526, "r2_5y": 0.9355560729322734, "r2_full": 0.8536476241827782, "corr_portfolio": 0.11863020730276233, "corr_benchmark": 0.5963410669889054, "alpha_pos_frac": 0.4980544747081712, "fund_max_dd": -0.8237184835912401, "first": "1999-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mtcgx": {"sym": "mtcgx", "name": "M Large Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04818340767691862, "alpha_t_5y": -1.8592490141886018, "alpha_t_full": -1.557256016944811, "r2_5y": 0.9191567941727183, "r2_full": 0.8935161897718299, "corr_portfolio": 0.17749945161539604, "corr_benchmark": 0.5887721429687378, "alpha_pos_frac": 0.515695067264574, "fund_max_dd": -0.687002029036043, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mtlfx": {"sym": "mtlfx", "name": "MFS Municipal Limited Maturity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010389942388520671, "alpha_t_5y": 1.4411309183080558, "alpha_t_full": 8.781688694029642, "r2_5y": 0.3536661213625758, "r2_full": 5.88418203051333e-15, "corr_portfolio": 0.055601718906850804, "corr_benchmark": 0.2971610207231145, "alpha_pos_frac": 0.5229681978798587, "fund_max_dd": -0.08983481078113775, "first": "1992-03-09", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mtrax": {"sym": "mtrax", "name": "NYLI Income Builder Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0028062468581811027, "alpha_t_5y": 0.2772142500410893, "alpha_t_full": 3.7033720266814707, "r2_5y": 0.9457001596003809, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.36856847268694853, "corr_benchmark": 0.7129337687029124, "alpha_pos_frac": 0.47533632286995514, "fund_max_dd": -0.394416892904464, "first": "1995-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mueax": {"sym": "mueax", "name": "MFS Blended Research Core Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007885358533487952, "alpha_t_5y": 0.7467263110146874, "alpha_t_full": 0.49345141231747336, "r2_5y": 0.9777631780046948, "r2_full": 0.9706810874599625, "corr_portfolio": 0.29953587757080846, "corr_benchmark": 0.6074593206404288, "alpha_pos_frac": 0.4396887159533074, "fund_max_dd": -0.5493505386033902, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mvalx": {"sym": "mvalx", "name": "MERIDIAN CONTRARIAN FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00851572844848401, "alpha_t_5y": -0.35100415979053534, "alpha_t_full": 4.173820863779294, "r2_5y": 0.9193474389232729, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.28539187167281904, "corr_benchmark": 0.5522631834282212, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.5015239598535404, "first": "1994-02-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mvcax": {"sym": "mvcax", "name": "MFS Mid Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010088266755254429, "alpha_t_5y": 0.5090570929725464, "alpha_t_full": 1.0426824563383235, "r2_5y": 0.9247326563834822, "r2_full": 0.9276671415045272, "corr_portfolio": 0.3834691698977543, "corr_benchmark": 0.5398883441042209, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.59894717847924, "first": "2001-09-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mveix": {"sym": "mveix", "name": "Monteagle Select Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02068591312408421, "alpha_t_5y": 0.7421827545915518, "alpha_t_full": 0.10302683595007181, "r2_5y": 0.8141080716316506, "r2_full": 0.702385631776761, "corr_portfolio": 0.2671727990757026, "corr_benchmark": 0.3996588954214522, "alpha_pos_frac": 0.4785992217898833, "fund_max_dd": -0.6344483605702842, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "mvgax": {"sym": "mvgax", "name": "MFS Low Volatility Global Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.024493208280847382, "alpha_t_5y": 1.355411563208218, "alpha_t_full": 1.5868461289551385, "r2_5y": 0.8336004690678962, "r2_full": 0.8875881621117452, "corr_portfolio": 0.3671156432313979, "corr_benchmark": 0.5954406095695969, "alpha_pos_frac": 0.5034013605442177, "fund_max_dd": -0.3018741053817767, "first": "2013-12-09", "verdict": "weak/unstable alpha", "alpha_name": false}, "mwefx": {"sym": "mwefx", "name": "MFS Global Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.046016562393525806, "alpha_t_5y": -2.3525855128403492, "alpha_t_full": 3.174672136981501, "r2_5y": 0.9058948589188601, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.3415246808052925, "corr_benchmark": 0.5858993989460842, "alpha_pos_frac": 0.5617021276595745, "fund_max_dd": -0.5182111972004291, "first": "1993-09-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mwofx": {"sym": "mwofx", "name": "MFS Global Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.050464411630205624, "alpha_t_5y": -2.6787926472571937, "alpha_t_full": 3.076940558674128, "r2_5y": 0.9177401809254034, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.2724918535417036, "corr_benchmark": 0.6201686020427634, "alpha_pos_frac": 0.547085201793722, "fund_max_dd": -0.5610081522487622, "first": "1993-11-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mxccx": {"sym": "mxccx", "name": "Federated Hermes Max-Cap Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010981953119772202, "alpha_t_5y": -1.6392675457752635, "alpha_t_full": -2.3132338109119606, "r2_5y": 0.9909915901625186, "r2_full": 0.9820050485237828, "corr_portfolio": 0.28164085365563, "corr_benchmark": 0.6143525480827162, "alpha_pos_frac": 0.4886731391585761, "fund_max_dd": -0.5533403130854504, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mxigx": {"sym": "mxigx", "name": "Empower International Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09303195913206451, "alpha_t_5y": -2.462720695469626, "alpha_t_full": -2.188939776688119, "r2_5y": 0.7803614400971474, "r2_full": 0.7615701365143606, "corr_portfolio": 0.23829870978608336, "corr_benchmark": 0.5337297636747963, "alpha_pos_frac": 0.5909090909090909, "fund_max_dd": -0.6328326683877019, "first": "2003-05-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "naarx": {"sym": "naarx", "name": "American Funds Retirement Income Portfolio - Conservative", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008196931972328712, "alpha_t_5y": 1.3072062850402153, "alpha_t_full": 1.508139259851316, "r2_5y": 0.9469743044248847, "r2_full": 0.9416446885231008, "corr_portfolio": 0.2989441800367642, "corr_benchmark": 0.8134963379469772, "alpha_pos_frac": 0.5317460317460317, "fund_max_dd": -0.15660811975188482, "first": "2015-08-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nacmx": {"sym": "nacmx", "name": "Columbia California Intermediate Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0008383925917745087, "alpha_t_5y": 0.09396480245326518, "alpha_t_full": 1.709557845331734, "r2_5y": 0.37124083595422896, "r2_full": 0.2884382182721765, "corr_portfolio": 0.043295790890780374, "corr_benchmark": 0.33270049719259176, "alpha_pos_frac": 0.5354609929078015, "fund_max_dd": -0.10979002300264618, "first": "2002-08-21", "verdict": "weak/unstable alpha", "alpha_name": false}, "nanr": {"sym": "nanr", "name": "State Street(R) SPDR(R) S&P(R) North American Natural Resources ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.028272203484037993, "alpha_t_5y": 0.5466302547761017, "alpha_t_full": 0.13768053702556518, "r2_5y": 0.7197922281806508, "r2_full": 0.7420941342091105, "corr_portfolio": 0.37113923738377547, "corr_benchmark": 0.3883920696888027, "alpha_pos_frac": 0.4016393442622951, "fund_max_dd": -0.4914929593462255, "first": "2015-12-21", "verdict": "weak/unstable alpha", "alpha_name": false}, "napix": {"sym": "napix", "name": "Voya Multi-Manager International Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00010772911027657289, "alpha_t_5y": 0.005725340198476609, "alpha_t_full": -0.7870548179900667, "r2_5y": 0.9278725823430072, "r2_full": 0.8810943332512947, "corr_portfolio": 0.3828035762522231, "corr_benchmark": 0.5469650177880592, "alpha_pos_frac": 0.5919282511210763, "fund_max_dd": -0.6835497479017605, "first": "2005-12-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "nbarx": {"sym": "nbarx", "name": "American Funds Retirement Income Portfolio - Moderate", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010204272837832562, "alpha_t_5y": 1.4007587078841768, "alpha_t_full": 1.416191376043171, "r2_5y": 0.9517097687454344, "r2_full": 0.9557864181750656, "corr_portfolio": 0.3413642604774375, "corr_benchmark": 0.7374111133024424, "alpha_pos_frac": 0.49206349206349204, "fund_max_dd": -0.18502935621882088, "first": "2015-08-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nbiax": {"sym": "nbiax", "name": "Columbia Capital Allocation Moderate Aggressive Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010337903821484935, "alpha_t_5y": -1.3772404613115654, "alpha_t_full": 2.2833402682054063, "r2_5y": 0.9767644957239986, "r2_full": 0.9086209645146527, "corr_portfolio": 0.29696032043443304, "corr_benchmark": 0.6835078068194935, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.40741997900150106, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nbngx": {"sym": "nbngx", "name": "SIT MID CAP GROWTH FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04631617498831234, "alpha_t_5y": -1.5296341818558834, "alpha_t_full": -2.141674190043151, "r2_5y": 0.887882485013179, "r2_full": 0.9092643534463735, "corr_portfolio": 0.20404761280611597, "corr_benchmark": 0.6005250620322223, "alpha_pos_frac": 0.4692556634304207, "fund_max_dd": -0.7093938787018769, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nbrvx": {"sym": "nbrvx", "name": "Neuberger Mid Cap Intrinsic Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013367657400416023, "alpha_t_5y": -0.5424708792138131, "alpha_t_full": -0.22368751159643166, "r2_5y": 0.9067424359016215, "r2_full": 0.8702329188027909, "corr_portfolio": 0.3552160849152223, "corr_benchmark": 0.5261277782128675, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.6515275755343999, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ncaax": {"sym": "ncaax", "name": "Nuveen California Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005714536024724924, "alpha_t_5y": -0.4168978725143216, "alpha_t_full": 6.020507687655612, "r2_5y": 0.3938485259204658, "r2_full": 9.992007221626409e-16, "corr_portfolio": 0.04365935184667315, "corr_benchmark": 0.3610594313851647, "alpha_pos_frac": 0.5371024734982333, "fund_max_dd": -0.17492733497872037, "first": "1994-09-07", "verdict": "weak/unstable alpha", "alpha_name": false}, "ncbgx": {"sym": "ncbgx", "name": "New Covenant Balanced Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006195003947133346, "alpha_t_5y": -1.3393183654919558, "alpha_t_full": 0.02731587518965528, "r2_5y": 0.9894736419596207, "r2_full": 0.8228715700819835, "corr_portfolio": 0.2453627938211466, "corr_benchmark": 0.634453461279351, "alpha_pos_frac": 0.6153846153846154, "fund_max_dd": -0.4127239541997887, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ncbix": {"sym": "ncbix", "name": "New Covenant Balanced Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002975461859904378, "alpha_t_5y": -0.7158635301584895, "alpha_t_full": 1.3989601039606603, "r2_5y": 0.9804647517050243, "r2_full": 0.7721183066574717, "corr_portfolio": 0.22805894703209006, "corr_benchmark": 0.7734445580028494, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.32186460917610726, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ncgfx": {"sym": "ncgfx", "name": "New Covenant Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010187664205641937, "alpha_t_5y": -1.5743029915763584, "alpha_t_full": -0.7324805067330775, "r2_5y": 0.9919433218211839, "r2_full": 0.949497931325705, "corr_portfolio": 0.27681392175362945, "corr_benchmark": 0.6025337991138241, "alpha_pos_frac": 0.5326460481099656, "fund_max_dd": -0.5813334375458721, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nchax": {"sym": "nchax", "name": "Nuveen California High Yield Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01971693999136053, "alpha_t_5y": -0.8845901598319669, "alpha_t_full": 0.011904556330449602, "r2_5y": 0.38772521872039245, "r2_full": 0.1987639792900926, "corr_portfolio": 0.07303664238728719, "corr_benchmark": 0.32271524446858346, "alpha_pos_frac": 0.5840336134453782, "fund_max_dd": -0.397841543462636, "first": "2006-04-18", "verdict": "weak/unstable alpha", "alpha_name": false}, "ncicx": {"sym": "ncicx", "name": "New Covenant Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00020008747532278818, "alpha_t_5y": -0.04739152982244618, "alpha_t_full": 3.026748053724257, "r2_5y": 0.9531365682646572, "r2_full": 5.551115123125783e-16, "corr_portfolio": -0.06398565563681417, "corr_benchmark": 0.6499833365836933, "alpha_pos_frac": 0.6358381502890174, "fund_max_dd": -0.21117585714599907, "first": "1999-07-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ncirx": {"sym": "ncirx", "name": "Nuveen Core Impact Bond Managed Accounts Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011996230404796974, "alpha_t_5y": -1.4329515068452245, "alpha_t_full": -0.9950644287044746, "r2_5y": 0.9427371208918975, "r2_full": 0.08110645393006122, "corr_portfolio": -0.0343748666498373, "corr_benchmark": 0.22596612090111118, "alpha_pos_frac": 0.9852941176470589, "fund_max_dd": -0.6041785694893618, "first": "2020-07-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nclex": {"sym": "nclex", "name": "NICHOLAS LTD EDITION INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06358072217478611, "alpha_t_5y": -2.0326605486131437, "alpha_t_full": 2.9817756596622504, "r2_5y": 0.8541000803647427, "r2_full": 0.0, "corr_portfolio": 0.20661377332384387, "corr_benchmark": 0.5784593120843269, "alpha_pos_frac": 0.5739910313901345, "fund_max_dd": -0.48677847543596364, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ncoax": {"sym": "ncoax", "name": "Nuveen High Yield Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009026304255676397, "alpha_t_5y": 1.362503340232803, "alpha_t_full": -0.0937403070530004, "r2_5y": 0.894927049630921, "r2_full": 0.8281102823321325, "corr_portfolio": 0.31640160909042697, "corr_benchmark": 0.423969647958734, "alpha_pos_frac": 0.5664739884393064, "fund_max_dd": -0.23049932577752508, "first": "2010-04-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nctwx": {"sym": "nctwx", "name": "NICHOLAS II INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0475901870617115, "alpha_t_5y": -1.6128804987823193, "alpha_t_full": 3.462871279449025, "r2_5y": 0.8479568862090829, "r2_full": 0.0, "corr_portfolio": 0.24851656176619372, "corr_benchmark": 0.5921875179720019, "alpha_pos_frac": 0.521551724137931, "fund_max_dd": -0.4646150667051202, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "ndarx": {"sym": "ndarx", "name": "American Funds Retirement Income Portfolio - Enhanced", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006282215743182556, "alpha_t_5y": 0.8154419164824598, "alpha_t_full": 0.8398364714778019, "r2_5y": 0.9621156173981273, "r2_full": 0.9655697471289288, "corr_portfolio": 0.34374519607458276, "corr_benchmark": 0.6867942692686523, "alpha_pos_frac": 0.5079365079365079, "fund_max_dd": -0.23620140654224853, "first": "2015-08-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ndvax": {"sym": "ndvax", "name": "MFS New Discovery Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004161752396315417, "alpha_t_5y": 0.17881004193510458, "alpha_t_full": 1.7669071762753275, "r2_5y": 0.9242882155088114, "r2_full": 0.9346991008915189, "corr_portfolio": 0.3535439794998781, "corr_benchmark": 0.49632550324751207, "alpha_pos_frac": 0.480225988700565, "fund_max_dd": -0.4405761685202628, "first": "2011-05-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nefjx": {"sym": "nefjx", "name": "Vaughan Nelson Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01750177067813415, "alpha_t_5y": 0.6600215438950806, "alpha_t_full": -0.1308178426349989, "r2_5y": 0.9044271352185649, "r2_full": 0.9127738611460281, "corr_portfolio": 0.32576348070799194, "corr_benchmark": 0.5205915259109286, "alpha_pos_frac": 0.5087719298245614, "fund_max_dd": -0.6557731614248759, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nefox": {"sym": "nefox", "name": "Natixis Oakmark Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02023894946592134, "alpha_t_5y": 0.7064423213528095, "alpha_t_full": 3.1664243664686627, "r2_5y": 0.862080771768091, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.36024682999505664, "corr_benchmark": 0.5172901943475076, "alpha_pos_frac": 0.4425531914893617, "fund_max_dd": -0.6235146360993009, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nefrx": {"sym": "nefrx", "name": "Loomis Sayles Core Plus Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0019547730266806207, "alpha_t_5y": -0.3775061410688526, "alpha_t_full": 6.754041707114993, "r2_5y": 0.9559545828983692, "r2_full": 0.0, "corr_portfolio": -0.04483250045239879, "corr_benchmark": 0.741855111831975, "alpha_pos_frac": 0.4358974358974359, "fund_max_dd": -0.18761691011519233, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nefzx": {"sym": "nefzx", "name": "Loomis Sayles Strategic Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003658102956048982, "alpha_t_5y": 0.42368016283446797, "alpha_t_full": 6.384607898117147, "r2_5y": 0.8422584085173231, "r2_full": 1.4432899320127035e-15, "corr_portfolio": 0.2502792435552544, "corr_benchmark": 0.6788801020511249, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.32059621521826565, "first": "1995-05-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "nesgx": {"sym": "nesgx", "name": "Needham Small Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.000727708126189692, "alpha_t_5y": -0.012951966507039458, "alpha_t_full": 1.1212238316307588, "r2_5y": 0.8042956362863204, "r2_full": 0.7249222872946699, "corr_portfolio": 0.11422310600775452, "corr_benchmark": 0.5001454457402623, "alpha_pos_frac": 0.5099601593625498, "fund_max_dd": -0.5028739969400402, "first": "2002-05-24", "verdict": "weak/unstable alpha", "alpha_name": false}, "newfx": {"sym": "newfx", "name": "NEW WORLD FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02674531031712862, "alpha_t_5y": -1.1962453841989074, "alpha_t_full": 1.410105831694773, "r2_5y": 0.8916598105730408, "r2_full": 0.6752369855247218, "corr_portfolio": 0.2893721125804052, "corr_benchmark": 0.5525697146382463, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.5671112134075851, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nfrax": {"sym": "nfrax", "name": "Nuveen Floating Rate Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.039775474148876694, "alpha_t_5y": 4.9322736737743265, "alpha_t_full": 2.566406739703, "r2_5y": 0.5155538409442189, "r2_full": 0.6444374434560212, "corr_portfolio": 0.32008937488256256, "corr_benchmark": 0.27902724282000824, "alpha_pos_frac": 0.5730337078651685, "fund_max_dd": -0.22122247588526112, "first": "2011-05-03", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "ngcax": {"sym": "ngcax", "name": "Columbia Greater China Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.11171968713402765, "alpha_t_5y": -1.9158713504078442, "alpha_t_full": 2.0277973510139473, "r2_5y": 0.7817706379995097, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.13124746807645205, "corr_benchmark": 0.3254892861386413, "alpha_pos_frac": 0.49327354260089684, "fund_max_dd": -0.7245094703035198, "first": "1997-05-19", "verdict": "weak/unstable alpha", "alpha_name": false}, "nhmax": {"sym": "nhmax", "name": "Nuveen High Yield Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0039149169142773665, "alpha_t_5y": 0.18272527923420856, "alpha_t_full": 4.3596556202742125, "r2_5y": 0.3950874990475812, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.09222306824618037, "corr_benchmark": 0.32726452086357527, "alpha_pos_frac": 0.5953757225433526, "fund_max_dd": -0.455557856545038, "first": "1999-06-08", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "nicsx": {"sym": "nicsx", "name": "NICHOLAS FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.019179771553007922, "alpha_t_5y": -1.0734891037849508, "alpha_t_full": 3.9556043528342597, "r2_5y": 0.9357959714416347, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.23453129754015895, "corr_benchmark": 0.6143190663887192, "alpha_pos_frac": 0.5333333333333333, "fund_max_dd": -0.5019454475181375, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "njtfx": {"sym": "njtfx", "name": "T. Rowe Price New Jersey Tax-Free Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00763258129119727, "alpha_t_5y": 0.6152588519873272, "alpha_t_full": 1.0166774796533244, "r2_5y": 0.4018469690328146, "r2_full": 0.38504388654030763, "corr_portfolio": 0.04417422438142261, "corr_benchmark": 0.36453334833515727, "alpha_pos_frac": 0.5752212389380531, "fund_max_dd": -0.14602096066049086, "first": "2016-09-14", "verdict": "weak/unstable alpha", "alpha_name": false}, "nlgax": {"sym": "nlgax", "name": "Columbia Capital Allocation Moderate Conservative Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0047046293335274115, "alpha_t_5y": -0.7942240932657684, "alpha_t_full": 4.631083986080843, "r2_5y": 0.9656179424741757, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.25900962498748575, "corr_benchmark": 0.8170080796951049, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.2685073688423413, "first": "1996-10-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nlsax": {"sym": "nlsax", "name": "Neuberger Berman Long Short Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": -1.0489649800504441, "r2_5y": NaN, "r2_full": 0.7597914180929699, "corr_portfolio": 0.3938191096744254, "corr_benchmark": 0.5145794299058428, "alpha_pos_frac": 0.5471698113207547, "fund_max_dd": -0.17941457915503312, "first": "2011-12-30", "verdict": "no 5y window", "alpha_name": true}, "nmaax": {"sym": "nmaax", "name": "Nuveen Massachusetts Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004437530827823734, "alpha_t_5y": -0.36106150457886943, "alpha_t_full": 6.10331057889652, "r2_5y": 0.40732732287297946, "r2_full": -6.661338147750939e-16, "corr_portfolio": 0.03781494868656306, "corr_benchmark": 0.354062381715125, "alpha_pos_frac": 0.5838150289017341, "fund_max_dd": -0.16735502698997318, "first": "1994-09-07", "verdict": "weak/unstable alpha", "alpha_name": false}, "nmbax": {"sym": "nmbax", "name": "Nuveen Intermediate Duration Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0038154217858431226, "alpha_t_5y": 0.35536241947149133, "alpha_t_full": 6.893963361871559, "r2_5y": 0.39934463751586835, "r2_full": -2.220446049250313e-15, "corr_portfolio": 0.05331358698509937, "corr_benchmark": 0.3435115582159923, "alpha_pos_frac": 0.5408560311284046, "fund_max_dd": -0.12121394413654496, "first": "1995-06-14", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "nmdax": {"sym": "nmdax", "name": "Nuveen Maryland Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0029036049464424246, "alpha_t_5y": 0.19942998805631712, "alpha_t_full": 6.266687198343474, "r2_5y": 0.39513324397494487, "r2_full": 0.0, "corr_portfolio": 0.03606238437182063, "corr_benchmark": 0.3606551075888768, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.16157676717926772, "first": "1994-09-07", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "nmiex": {"sym": "nmiex", "name": "ACTIVE M INTERNATIONAL EQUITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010101356397738646, "alpha_t_5y": 0.5194819856247018, "alpha_t_full": -1.5736450959640675, "r2_5y": 0.9182926832504101, "r2_full": 0.8998929970315899, "corr_portfolio": 0.373239667676834, "corr_benchmark": 0.5525007233478543, "alpha_pos_frac": 0.452914798206278, "fund_max_dd": -0.5592623901298053, "first": "2006-06-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nmmex": {"sym": "nmmex", "name": "ACTIVE M EMERGING MARKETS EQUITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01261342357626106, "alpha_t_5y": -0.3873971184733235, "alpha_t_full": -0.8783621545848586, "r2_5y": 0.7960343866837077, "r2_full": 0.8538517429721262, "corr_portfolio": 0.3187242722465449, "corr_benchmark": 0.46378030125479613, "alpha_pos_frac": 0.45145631067961167, "fund_max_dd": -0.3979868369592223, "first": "2008-12-16", "verdict": "weak/unstable alpha", "alpha_name": false}, "nmmgx": {"sym": "nmmgx", "name": "MULTI-MANAGER GLOBAL REAL ESTATE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03924589113646899, "alpha_t_5y": -1.6674972243241934, "alpha_t_full": -1.5105559984393955, "r2_5y": 0.8810856670385193, "r2_full": 0.8953011928041585, "corr_portfolio": 0.28490440299527303, "corr_benchmark": 0.6072181334227575, "alpha_pos_frac": 0.5776699029126213, "fund_max_dd": -0.4028238812682835, "first": "2008-12-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "nmuix": {"sym": "nmuix", "name": "Neuberger Municipal Intermediate Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0014789231966426666, "alpha_t_5y": 0.15120668817106414, "alpha_t_full": 7.704237708597729, "r2_5y": 0.4077392277691507, "r2_full": 1.1102230246251565e-15, "corr_portfolio": 0.03703433854372351, "corr_benchmark": 0.3471776550938575, "alpha_pos_frac": 0.5214007782101168, "fund_max_dd": -0.1341026057609117, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "nnjax": {"sym": "nnjax", "name": "Nuveen New Jersey Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0021338138566512946, "alpha_t_5y": 0.1487288268076536, "alpha_t_full": 6.084782833685566, "r2_5y": 0.395810708974886, "r2_full": 2.220446049250313e-15, "corr_portfolio": 0.037425505792616685, "corr_benchmark": 0.348456335007589, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.1635994339801028, "first": "1994-09-07", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "nnyax": {"sym": "nnyax", "name": "Nuveen New York Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0005212408901512473, "alpha_t_5y": 0.0358315136149504, "alpha_t_full": 6.045471044102319, "r2_5y": 0.41620939148989033, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.03868299559179597, "corr_benchmark": 0.3746829137139221, "alpha_pos_frac": 0.5722543352601156, "fund_max_dd": -0.17596595747875665, "first": "1994-09-07", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "noiax": {"sym": "noiax", "name": "Natixis Oakmark International Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011222685449204677, "alpha_t_5y": -0.3674126222295156, "alpha_t_full": -0.46893563363238466, "r2_5y": 0.8623214959495591, "r2_full": 0.8765820055342614, "corr_portfolio": 0.37828800074791696, "corr_benchmark": 0.4573006288174468, "alpha_pos_frac": 0.47802197802197804, "fund_max_dd": -0.5397340398603887, "first": "2010-12-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "notax": {"sym": "notax", "name": "DWS Strategic High Yield Tax-Free Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03458997462862232, "alpha_t_5y": -1.7410536981851819, "alpha_t_full": 4.957620371253398, "r2_5y": 0.41681860660568026, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.04383475934520356, "corr_benchmark": 0.34879325042498033, "alpha_pos_frac": 0.6242774566473989, "fund_max_dd": -0.2737867312725175, "first": "2000-05-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "novix": {"sym": "novix", "name": "Global Secured Options Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": -1.9240525759262788, "r2_5y": NaN, "r2_full": 0.8862366353649794, "corr_portfolio": -0.09989696332632156, "corr_benchmark": -0.034472357733126575, "alpha_pos_frac": 0.6470588235294118, "fund_max_dd": -0.2549019607843137, "first": "2012-10-01", "verdict": "no 5y window", "alpha_name": false}, "nphix": {"sym": "nphix", "name": "HIGH INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002272599538395023, "alpha_t_5y": 0.31662536619806503, "alpha_t_full": -0.398579920411846, "r2_5y": 0.8899091739975755, "r2_full": 0.825722745852435, "corr_portfolio": 0.3057061267757481, "corr_benchmark": 0.4464795045046101, "alpha_pos_frac": 0.5189873417721519, "fund_max_dd": -0.21677112434348134, "first": "2013-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "npscx": {"sym": "npscx", "name": "Nuveen Preferred Securities and Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016727231375163513, "alpha_t_5y": 0.8919480005195736, "alpha_t_full": 0.15249574467740243, "r2_5y": 0.4723608396710586, "r2_full": 0.33735725198746824, "corr_portfolio": 0.31228592721714066, "corr_benchmark": 0.39446752579030814, "alpha_pos_frac": 0.5144508670520231, "fund_max_dd": -0.6144110941366212, "first": "2006-12-19", "verdict": "weak/unstable alpha", "alpha_name": false}, "nrfax": {"sym": "nrfax", "name": "AEW Global Focused Real Estate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015345276440864936, "alpha_t_5y": -0.9017434413213036, "alpha_t_full": 0.12833375383749868, "r2_5y": 0.9380244136918998, "r2_full": 0.9658373292590096, "corr_portfolio": 0.27070702838404087, "corr_benchmark": 0.581487562708043, "alpha_pos_frac": 0.5739910313901345, "fund_max_dd": -0.7417654816645052, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nsaox": {"sym": "nsaox", "name": "Nuveen Strategic Municipal Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0019825446995119468, "alpha_t_5y": -0.13906876621021944, "alpha_t_full": 1.6646756997196956, "r2_5y": 0.39847021128872284, "r2_full": 0.37628538064413486, "corr_portfolio": 0.06210329639707311, "corr_benchmark": 0.3411290481338952, "alpha_pos_frac": 0.5597014925373134, "fund_max_dd": -0.19036210278069154, "first": "2015-01-08", "verdict": "weak/unstable alpha", "alpha_name": false}, "nsbax": {"sym": "nsbax", "name": "Nuveen Dividend Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01393654584839839, "alpha_t_5y": -0.9221635563647291, "alpha_t_full": 1.2120464598988823, "r2_5y": 0.935084161986524, "r2_full": 0.9502992710747553, "corr_portfolio": 0.3366858977482437, "corr_benchmark": 0.5884276803133492, "alpha_pos_frac": 0.5063829787234042, "fund_max_dd": -0.4529234031764503, "first": "2006-03-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nseix": {"sym": "nseix", "name": "NICHOLAS EQUITY INCOME FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00950162239321549, "alpha_t_5y": -0.5649936182087678, "alpha_t_full": 3.5380512400561344, "r2_5y": 0.9124679275342406, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.35928196616379293, "corr_benchmark": 0.5495465087126717, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.4810865780289436, "first": "1993-11-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nsmax": {"sym": "nsmax", "name": "Nuveen Small/Mid Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03951890404206272, "alpha_t_5y": 1.5209001241271212, "alpha_t_full": 0.11844888601047103, "r2_5y": 0.900085644572342, "r2_full": 0.9102120270032975, "corr_portfolio": 0.34892264523238886, "corr_benchmark": 0.5039841356231192, "alpha_pos_frac": 0.5605381165919282, "fund_max_dd": -0.679084196678065, "first": "2006-12-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nsmmx": {"sym": "nsmmx", "name": "Columbia Short Duration Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011769081353212267, "alpha_t_5y": 2.0908363335975677, "alpha_t_full": 7.081954148403921, "r2_5y": 0.30826005592877403, "r2_full": 6.8833827526759706e-15, "corr_portfolio": 0.057607466928766934, "corr_benchmark": 0.2686272984478024, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.054232095757011045, "first": "1993-11-03", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "nstrx": {"sym": "nstrx", "name": "Columbia Short Term Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.021418355690017456, "alpha_t_5y": 4.339387784265224, "alpha_t_full": 9.262303050744128, "r2_5y": 0.7024309647229904, "r2_full": 2.220446049250313e-15, "corr_portfolio": 0.01981580740616467, "corr_benchmark": 0.3924380404819054, "alpha_pos_frac": 0.37572254335260113, "fund_max_dd": -0.09387369848990468, "first": "1992-10-05", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "nthex": {"sym": "nthex", "name": "NORTHEAST INVESTORS TRUST", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03956693027480881, "alpha_t_5y": 1.8022220176987005, "alpha_t_full": 5.859685374752044, "r2_5y": 0.11860985272118241, "r2_full": 1.4432899320127035e-15, "corr_portfolio": 0.25014664725373204, "corr_benchmark": 0.2077029279027634, "alpha_pos_frac": 0.5738831615120275, "fund_max_dd": -0.5061479511892839, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "nugax": {"sym": "nugax", "name": "Nuveen Global Dividend Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013309737089017493, "alpha_t_5y": -0.967655282856788, "alpha_t_full": -1.3302928733108201, "r2_5y": 0.9424176227328116, "r2_full": 0.9476771020087064, "corr_portfolio": 0.36446663347120906, "corr_benchmark": 0.5975218309033357, "alpha_pos_frac": 0.4878048780487805, "fund_max_dd": -0.3367928767803565, "first": "2012-06-12", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nvhax": {"sym": "nvhax", "name": "Nuveen Short Duration High Yield Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01716342633498619, "alpha_t_5y": 1.4923718940941686, "alpha_t_full": 2.5434927229965516, "r2_5y": 0.2761662225895567, "r2_full": 0.3336647236144682, "corr_portfolio": 0.12459817908509871, "corr_benchmark": 0.21281943090130565, "alpha_pos_frac": 0.5987261146496815, "fund_max_dd": -0.13568773973825887, "first": "2013-02-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "nwhnx": {"sym": "nwhnx", "name": "Nationwide Bailard International Equities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.023097390679575284, "alpha_t_5y": 1.5342647756988546, "alpha_t_full": 0.35788100103676307, "r2_5y": 0.9468873725991509, "r2_full": 0.9411487859697635, "corr_portfolio": 0.41181144969138145, "corr_benchmark": 0.5301195600323073, "alpha_pos_frac": 0.4563758389261745, "fund_max_dd": -0.3907159879047074, "first": "2013-09-18", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nwqax": {"sym": "nwqax", "name": "Nuveen Flexible Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0015355884280233894, "alpha_t_5y": -0.20032520772573356, "alpha_t_full": -0.5102527740679758, "r2_5y": 0.8902934461716631, "r2_full": 0.6705300665081666, "corr_portfolio": 0.3139708138195088, "corr_benchmark": 0.6577482554532937, "alpha_pos_frac": 0.5086705202312138, "fund_max_dd": -0.23891440633127548, "first": "2009-12-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nyaax": {"sym": "nyaax", "name": "AMERICAN FUNDS TAX-EXEMPT FUND OF NEW YORK", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0040225473583517185, "alpha_t_5y": 0.2848485416020885, "alpha_t_full": 1.452604450501682, "r2_5y": 0.3840851288146777, "r2_full": 0.32776512746331776, "corr_portfolio": 0.02123427901126245, "corr_benchmark": 0.3559276914011442, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.15890876328928205, "first": "2010-11-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "nyvtx": {"sym": "nyvtx", "name": "Davis New York Venture Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00906994750994993, "alpha_t_5y": 0.305030339887884, "alpha_t_full": 3.646805890653166, "r2_5y": 0.8519677159844525, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.33328620674551024, "corr_benchmark": 0.5197930132625113, "alpha_pos_frac": 0.5099601593625498, "fund_max_dd": -0.5855488265322925, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "oafix": {"sym": "oafix", "name": "OPTIMUM FIXED INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004886175852258569, "alpha_t_5y": -0.9567030956863072, "alpha_t_full": 0.22929349281069544, "r2_5y": 0.9549785540240688, "r2_full": 0.8063553215738923, "corr_portfolio": -0.05197692247785588, "corr_benchmark": 0.7327534684611048, "alpha_pos_frac": 0.5433526011560693, "fund_max_dd": -0.1983065547731483, "first": "2003-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "oaiex": {"sym": "oaiex", "name": "OPTIMUM INTERNATIONAL FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.027500742626035517, "alpha_t_5y": -1.2271578548125173, "alpha_t_full": -1.8180381062551658, "r2_5y": 0.900583457931256, "r2_full": 0.8887094224713082, "corr_portfolio": 0.356212961585428, "corr_benchmark": 0.5405836256500143, "alpha_pos_frac": 0.47533632286995514, "fund_max_dd": -0.6068510831098042, "first": "2003-07-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "oakbx": {"sym": "oakbx", "name": "Oakmark Equity and Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006153799853102344, "alpha_t_5y": 0.3411134866879809, "alpha_t_full": 4.834313694041731, "r2_5y": 0.8697699605701001, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.371246958449659, "corr_benchmark": 0.5564203556231527, "alpha_pos_frac": 0.4358974358974359, "fund_max_dd": -0.3131187584366041, "first": "1995-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "oakex": {"sym": "oakex", "name": "Oakmark International Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002909191565613683, "alpha_t_5y": -0.0838268344792201, "alpha_t_full": 3.3525421105519158, "r2_5y": 0.7772834086816796, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.38778961147919666, "corr_benchmark": 0.45956469430126223, "alpha_pos_frac": 0.4793388429752066, "fund_max_dd": -0.6613610166616855, "first": "1995-11-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "oakgx": {"sym": "oakgx", "name": "Oakmark Global Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014911555869546988, "alpha_t_5y": -0.49411143847921185, "alpha_t_full": 1.36122573906225, "r2_5y": 0.8382604893632662, "r2_full": 0.7584205009971967, "corr_portfolio": 0.38368831105478474, "corr_benchmark": 0.5043402457363078, "alpha_pos_frac": 0.50199203187251, "fund_max_dd": -0.5857179701818698, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "oakix": {"sym": "oakix", "name": "Oakmark International Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005500821155048251, "alpha_t_5y": -0.15158001376875913, "alpha_t_full": 3.209806599965518, "r2_5y": 0.7944081494232356, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.39305299592865506, "corr_benchmark": 0.43608412917871386, "alpha_pos_frac": 0.4824561403508772, "fund_max_dd": -0.608329384339853, "first": "1992-10-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "oaklx": {"sym": "oaklx", "name": "Oakmark Select Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.028332396062816945, "alpha_t_5y": 0.7433530011353997, "alpha_t_full": 1.2215562911659312, "r2_5y": 0.7869487186214208, "r2_full": 0.8300096938877808, "corr_portfolio": 0.3292542457621716, "corr_benchmark": 0.5012938649157518, "alpha_pos_frac": 0.44680851063829785, "fund_max_dd": -0.6115065158779194, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "oakmx": {"sym": "oakmx", "name": "Oakmark Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.019531388772424278, "alpha_t_5y": 0.6820528429873625, "alpha_t_full": 4.55203077291563, "r2_5y": 0.8610429606212693, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.3614110401250136, "corr_benchmark": 0.5151302280815169, "alpha_pos_frac": 0.4808510638297872, "fund_max_dd": -0.5619480347429107, "first": "1991-08-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "oakwx": {"sym": "oakwx", "name": "Oakmark Global Select Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.026905018755528646, "alpha_t_5y": -0.8342949415080407, "alpha_t_full": 0.07388663953933082, "r2_5y": 0.7866918424661704, "r2_full": 0.8636228706466956, "corr_portfolio": 0.3572884769591909, "corr_benchmark": 0.4936797641965902, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.5626085375538958, "first": "2006-10-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "oalgx": {"sym": "oalgx", "name": "OPTIMUM LARGE CAP GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05224085433719177, "alpha_t_5y": -1.2238479750597648, "alpha_t_full": -1.872613743738928, "r2_5y": 0.8224579525317999, "r2_full": 0.8979443860797308, "corr_portfolio": 0.15027332377364522, "corr_benchmark": 0.5939729402466465, "alpha_pos_frac": 0.5608856088560885, "fund_max_dd": -0.5538777452969619, "first": "2003-07-24", "verdict": "weak/unstable alpha", "alpha_name": false}, "oalvx": {"sym": "oalvx", "name": "OPTIMUM LARGE CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005784198631549606, "alpha_t_5y": 0.37899607351213915, "alpha_t_full": 0.1528527496688441, "r2_5y": 0.9335884311617505, "r2_full": 0.9440641766301339, "corr_portfolio": 0.3899025452244982, "corr_benchmark": 0.5383179557314257, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.5680712313630496, "first": "2003-07-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "oasgx": {"sym": "oasgx", "name": "OPTIMUM SMALL-MID CAP GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05580355795175359, "alpha_t_5y": -2.132480666474915, "alpha_t_full": -1.9518553108817416, "r2_5y": 0.9297895759697788, "r2_full": 0.9256946560447268, "corr_portfolio": 0.18308409102204284, "corr_benchmark": 0.5758795523889668, "alpha_pos_frac": 0.4723404255319149, "fund_max_dd": -0.6297166275317017, "first": "2003-07-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "oasvx": {"sym": "oasvx", "name": "OPTIMUM SMALL-MID CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011674467147936874, "alpha_t_5y": -0.48273202914651253, "alpha_t_full": -1.2848990301839842, "r2_5y": 0.9165042017337135, "r2_full": 0.9227519059762149, "corr_portfolio": 0.3645870426194703, "corr_benchmark": 0.5102162345176466, "alpha_pos_frac": 0.5058365758754864, "fund_max_dd": -0.6582753385397521, "first": "2003-07-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "oaycx": {"sym": "oaycx", "name": "Oakmark Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010223908206263208, "alpha_t_5y": 1.6336991939583092, "alpha_t_full": 3.3987124797106127, "r2_5y": 0.9073013482642371, "r2_full": 0.9004505863307541, "corr_portfolio": -0.05592867742699571, "corr_benchmark": 0.7852053780847446, "alpha_pos_frac": 0.4492753623188406, "fund_max_dd": -0.14991298285667864, "first": "2020-06-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "obegx": {"sym": "obegx", "name": "Oberweis Global Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.023204861808848957, "alpha_t_5y": -0.5528040062107605, "alpha_t_full": 2.790029180469928, "r2_5y": 0.8252516941093051, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.2111946331361633, "corr_benchmark": 0.5343067079530714, "alpha_pos_frac": 0.5076923076923077, "fund_max_dd": -0.714024768155322, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "olcax": {"sym": "olcax", "name": "Invesco Limited Term California Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008149140962807212, "alpha_t_5y": 0.7711933676612448, "alpha_t_full": 3.1095862620514243, "r2_5y": 0.24902004168051162, "r2_full": 0.1396173357578978, "corr_portfolio": 0.037146901485240455, "corr_benchmark": 0.23934231992690763, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.1459259128570778, "first": "2004-02-26", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "omfcx": {"sym": "omfcx", "name": "Invesco AMT-Free Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004773394249878183, "alpha_t_5y": -0.306479321662273, "alpha_t_full": 3.8965438589868557, "r2_5y": 0.3776850076600805, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.04380186576319111, "corr_benchmark": 0.3495710888511325, "alpha_pos_frac": 0.5375722543352601, "fund_max_dd": -0.49189868567581385, "first": "1995-08-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "omfl": {"sym": "omfl", "name": "Invesco Russell 1000(R) Dynamic Multifactor ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004843621318681714, "alpha_t_5y": -0.19156824004429862, "alpha_t_full": 0.9451649524507112, "r2_5y": 0.8719220217351126, "r2_full": 0.8385022193085783, "corr_portfolio": 0.29430402201853684, "corr_benchmark": 0.5542270218963034, "alpha_pos_frac": 0.5252525252525253, "fund_max_dd": -0.3324192056150126, "first": "2017-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "omfs": {"sym": "omfs", "name": "Invesco Russell 2000(R) Dynamic Multifactor ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.019607396328953367, "alpha_t_5y": 0.6847551823718495, "alpha_t_full": 1.0779253435664151, "r2_5y": 0.9027742946376981, "r2_full": 0.8198009178420389, "corr_portfolio": 0.303636900879426, "corr_benchmark": 0.46929114450192144, "alpha_pos_frac": 0.5555555555555556, "fund_max_dd": -0.42502779611546027, "first": "2017-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "omifx": {"sym": "omifx", "name": "Federated Hermes Ohio Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00021106372838363872, "alpha_t_5y": 0.016927665806262975, "alpha_t_full": 7.191552394403276, "r2_5y": 0.32515792968956614, "r2_full": -3.1086244689504383e-15, "corr_portfolio": 0.01601933667818547, "corr_benchmark": 0.3560475018900643, "alpha_pos_frac": 0.5525291828793775, "fund_max_dd": -0.128786560376425, "first": "1990-10-15", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "oneo": {"sym": "oneo", "name": "State Street(R) SPDR(R) Russell 1000 Momentum Focus ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006737886244674868, "alpha_t_5y": 0.3390983028993232, "alpha_t_full": 0.06664391673080072, "r2_5y": 0.9235258944827985, "r2_full": 0.8790365153616514, "corr_portfolio": 0.3427412505732648, "corr_benchmark": 0.5863269204281072, "alpha_pos_frac": 0.4959349593495935, "fund_max_dd": -0.4086262790174634, "first": "2015-12-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "oneq": {"sym": "oneq", "name": "Fidelity Nasdaq Composite Index ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010054264878433547, "alpha_t_5y": -0.8425343303158125, "alpha_t_full": -1.1532539559774913, "r2_5y": 0.9837501251933067, "r2_full": 0.9615703093077298, "corr_portfolio": 0.1560306917231467, "corr_benchmark": 0.6114335738006046, "alpha_pos_frac": 0.5022421524663677, "fund_max_dd": -0.5508863650434419, "first": "2003-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "onev": {"sym": "onev", "name": "State Street(R) SPDR(R) Russell 1000 Low Volatility Focus ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02096452905908343, "alpha_t_5y": 1.0047813435079238, "alpha_t_full": 1.1075606137001983, "r2_5y": 0.8837593232091043, "r2_full": 0.8453744601860113, "corr_portfolio": 0.34306727591059877, "corr_benchmark": 0.5522614352861341, "alpha_pos_frac": 0.5203252032520326, "fund_max_dd": -0.39715773905231566, "first": "2015-12-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "oney": {"sym": "oney", "name": "State Street(R) SPDR(R) Russell 1000 Yield Focus ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03515214842563244, "alpha_t_5y": 1.4219969359286198, "alpha_t_full": 1.1137181758695978, "r2_5y": 0.8728689833792886, "r2_full": 0.7744790213816011, "corr_portfolio": 0.38368395271898603, "corr_benchmark": 0.47242881329095504, "alpha_pos_frac": 0.4065040650406504, "fund_max_dd": -0.4679796420573904, "first": "2015-12-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "onjcx": {"sym": "onjcx", "name": "Invesco New Jersey Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003364532437314904, "alpha_t_5y": 0.24808161066882115, "alpha_t_full": 4.108293800585044, "r2_5y": 0.38306898115003996, "r2_full": 4.440892098500626e-15, "corr_portfolio": 0.06695743772049785, "corr_benchmark": 0.31564127507899487, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.4140228519140272, "first": "1995-08-30", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "opacx": {"sym": "opacx", "name": "Invesco Pennsylvania Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003559543028831579, "alpha_t_5y": -0.23029050156838615, "alpha_t_full": 4.765683162145082, "r2_5y": 0.35999828593777505, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.04132377237750224, "corr_benchmark": 0.3149667754559082, "alpha_pos_frac": 0.5992217898832685, "fund_max_dd": -0.38955667999668053, "first": "1995-08-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "opcax": {"sym": "opcax", "name": "Invesco California Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002085041219357773, "alpha_t_5y": 0.12281996495938682, "alpha_t_full": 5.812402431971052, "r2_5y": 0.39848800227145764, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.04440212878224746, "corr_benchmark": 0.34996284503088493, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.4735707729608609, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "opnyx": {"sym": "opnyx", "name": "Invesco Rochester AMT-Free New York Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0006681845541084621, "alpha_t_5y": 0.03759246373750551, "alpha_t_full": 5.694753378206453, "r2_5y": 0.39265244749518236, "r2_full": -1.7763568394002505e-15, "corr_portfolio": 0.03867434841608233, "corr_benchmark": 0.34970464905241994, "alpha_pos_frac": 0.6069364161849711, "fund_max_dd": -0.3459499584131701, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "origx": {"sym": "origx", "name": "NORTH SQUARE SPECTRUM ALPHA FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011747690517504131, "alpha_t_5y": -0.49370192716614214, "alpha_t_full": 3.1989170625120655, "r2_5y": 0.9332461572819861, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.22193308460528877, "corr_benchmark": 0.5586202144915828, "alpha_pos_frac": 0.5474137931034483, "fund_max_dd": -0.49060619311860776, "first": "1994-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "orilx": {"sym": "orilx", "name": "NORTH SQUARE MULTI STRATEGY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004094564146332569, "alpha_t_5y": 0.37896947051588986, "alpha_t_full": -1.112500680629622, "r2_5y": 0.9633390192463587, "r2_full": 0.9141513074005219, "corr_portfolio": 0.3126301165977903, "corr_benchmark": 0.5953364968349182, "alpha_pos_frac": 0.5433526011560693, "fund_max_dd": -0.505846985181069, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "orncx": {"sym": "orncx", "name": "Invesco Rochester Municipal Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0009040889073557055, "alpha_t_5y": 0.04934279283168825, "alpha_t_full": 3.706760154241528, "r2_5y": 0.41251377620465124, "r2_full": 1.6653345369377348e-15, "corr_portfolio": 0.06116409683918144, "corr_benchmark": 0.34555587376713937, "alpha_pos_frac": 0.5953757225433526, "fund_max_dd": -0.5604218323058511, "first": "1995-08-30", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "oscbx": {"sym": "oscbx", "name": "Overseas SMA Completion Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016805502517667156, "alpha_t_5y": 0.6025517998033428, "alpha_t_full": 0.5567398626785826, "r2_5y": 0.8315489807260928, "r2_full": 0.8720502561712581, "corr_portfolio": 0.38988286779613984, "corr_benchmark": 0.5168207493299157, "alpha_pos_frac": 0.4358974358974359, "fund_max_dd": -0.3950338101990687, "first": "2019-09-13", "verdict": "weak/unstable alpha", "alpha_name": false}, "ostax": {"sym": "ostax", "name": "JPMorgan Short-Intermediate Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010407778416834483, "alpha_t_5y": -1.2997954098712943, "alpha_t_full": 6.514249322414792, "r2_5y": 0.30776469995189215, "r2_full": -8.881784197001252e-16, "corr_portfolio": 0.03480540353218741, "corr_benchmark": 0.3292838130758523, "alpha_pos_frac": 0.5283842794759825, "fund_max_dd": -0.08722627428438368, "first": "1998-05-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "ostfx": {"sym": "ostfx", "name": "Osterweis Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0328292079170144, "alpha_t_5y": -1.812646164511442, "alpha_t_full": 4.112801702636659, "r2_5y": 0.9229786462321198, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.24423997908745645, "corr_benchmark": 0.6178814545559946, "alpha_pos_frac": 0.5234042553191489, "fund_max_dd": -0.42801951202699595, "first": "1993-10-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "otcax": {"sym": "otcax", "name": "MFS Mid Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07715506634601459, "alpha_t_5y": -2.4031132570756344, "alpha_t_full": 2.517412920187541, "r2_5y": 0.8567571923251208, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.17085654348149606, "corr_benchmark": 0.6167283551879356, "alpha_pos_frac": 0.5722543352601156, "fund_max_dd": -0.7425673764185973, "first": "1993-12-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "otcfx": {"sym": "otcfx", "name": "T. Rowe Price Small-Cap Stock Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.018821354432127943, "alpha_t_5y": -1.0276782538307054, "alpha_t_full": 3.5850242505851373, "r2_5y": 0.9520417835844943, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.24543526552486156, "corr_benchmark": 0.5668984948668035, "alpha_pos_frac": 0.5022421524663677, "fund_max_dd": -0.5636825646343744, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "owacx": {"sym": "owacx", "name": "Old Westbury All Cap Core Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04670762934075022, "alpha_t_5y": -2.3867213920758976, "alpha_t_full": -2.634752973040722, "r2_5y": 0.9284557178808351, "r2_full": 0.9201312098700253, "corr_portfolio": 0.262708944380579, "corr_benchmark": 0.6198872972749484, "alpha_pos_frac": 0.600896860986547, "fund_max_dd": -0.5931858376394941, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "owcax": {"sym": "owcax", "name": "Old Westbury California Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.000574056414694246, "alpha_t_5y": 0.07002911325230707, "alpha_t_full": 0.5325641497794075, "r2_5y": 0.4039919997858039, "r2_full": 0.38052793551175956, "corr_portfolio": 0.004478905148697983, "corr_benchmark": 0.4080213069251456, "alpha_pos_frac": 0.4827586206896552, "fund_max_dd": -0.08914587053802547, "first": "2018-12-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "owcix": {"sym": "owcix", "name": "Old Westbury Credit Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002103864524609918, "alpha_t_5y": 0.25211566209332836, "alpha_t_full": 0.35997052268557933, "r2_5y": 0.8865007137213889, "r2_full": 0.8856603442162633, "corr_portfolio": -0.10770440633066697, "corr_benchmark": 0.8496441691436327, "alpha_pos_frac": 0.6153846153846154, "fund_max_dd": -0.19910039198706198, "first": "2020-10-01", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "owmbx": {"sym": "owmbx", "name": "Old Westbury Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0017037733297662115, "alpha_t_5y": -0.19664637835704296, "alpha_t_full": 4.015694749462754, "r2_5y": 0.37701538200956497, "r2_full": 1.7763568394002505e-15, "corr_portfolio": -0.0027759167346638287, "corr_benchmark": 0.3714054973589138, "alpha_pos_frac": 0.49070631970260226, "fund_max_dd": -0.09542187684459635, "first": "1998-03-09", "verdict": "weak/unstable alpha", "alpha_name": false}, "ownyx": {"sym": "ownyx", "name": "Old Westbury New York Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00040879621217242027, "alpha_t_5y": 0.048976650435389096, "alpha_t_full": 0.5007962283706363, "r2_5y": 0.39098264957578754, "r2_full": 0.36011348697025813, "corr_portfolio": 0.01038791464832866, "corr_benchmark": 0.38567054496127623, "alpha_pos_frac": 0.5057471264367817, "fund_max_dd": -0.08980633887013367, "first": "2018-12-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "owsmx": {"sym": "owsmx", "name": "Old Westbury Small & Mid Cap Strategies Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06600790995303324, "alpha_t_5y": -2.7156753094117443, "alpha_t_full": -0.5702554592001546, "r2_5y": 0.8787672233764227, "r2_full": 0.8195806893193711, "corr_portfolio": 0.27740092911944125, "corr_benchmark": 0.6167979421966362, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.38347694507590435, "first": "2005-04-11", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "pacex": {"sym": "pacex", "name": "T. Rowe Price Emerging Markets Corporate Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.029784061056221316, "alpha_t_5y": -2.4373056348810094, "alpha_t_full": 2.540102671711059, "r2_5y": 0.5244710502799271, "r2_full": 0.4989378391807404, "corr_portfolio": 0.2083813536476997, "corr_benchmark": 0.2964794344021169, "alpha_pos_frac": 0.5393939393939394, "fund_max_dd": -0.22577654642309408, "first": "2012-05-29", "verdict": "weak/unstable alpha", "alpha_name": false}, "pacjx": {"sym": "pacjx", "name": "Putnam Retirement Advantage 2055 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00902959095767796, "alpha_t_5y": 0.8276727313441403, "alpha_t_full": 0.5247963651366399, "r2_5y": 0.9690012638242537, "r2_full": 0.9681313232712505, "corr_portfolio": 0.25136479315584387, "corr_benchmark": 0.668973066279746, "alpha_pos_frac": 0.4189189189189189, "fund_max_dd": -0.3213938888806894, "first": "2020-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "padcx": {"sym": "padcx", "name": "PGIM Absolute Return Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009662575109199524, "alpha_t_5y": 1.1017317652378988, "alpha_t_full": 2.0011643519435998, "r2_5y": 0.2658887884471809, "r2_full": 0.403778553758245, "corr_portfolio": 0.29093168096348476, "corr_benchmark": 0.1517945188590106, "alpha_pos_frac": 0.49710982658959535, "fund_max_dd": -0.18070752793130407, "first": "2011-03-31", "verdict": "weak/unstable alpha", "alpha_name": true}, "padlx": {"sym": "padlx", "name": "Putnam Retirement Advantage Maturity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009500630093189593, "alpha_t_5y": 1.3545995722690176, "alpha_t_full": 1.0261013773532046, "r2_5y": 0.9338935359638698, "r2_full": 0.9331610447857579, "corr_portfolio": 0.16931137694406587, "corr_benchmark": 0.8731742496797607, "alpha_pos_frac": 0.4594594594594595, "fund_max_dd": -0.16454305312833462, "first": "2020-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "paeax": {"sym": "paeax", "name": "Putnam Dynamic Asset Allocation Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002835696682676412, "alpha_t_5y": 0.3114549441717415, "alpha_t_full": 3.607221922616947, "r2_5y": 0.9739758571375768, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.3231359622542102, "corr_benchmark": 0.638175923866089, "alpha_pos_frac": 0.5794871794871795, "fund_max_dd": -0.5325376581994163, "first": "1994-02-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "paekx": {"sym": "paekx", "name": "Putnam Retirement Advantage 2050 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011363014510100574, "alpha_t_5y": 1.0246210347160993, "alpha_t_full": 0.5311792743946464, "r2_5y": 0.9645614610689988, "r2_full": 0.9641515519788711, "corr_portfolio": 0.2534741608954214, "corr_benchmark": 0.6777870598940468, "alpha_pos_frac": 0.4594594594594595, "fund_max_dd": -0.3071704587826122, "first": "2020-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "paelx": {"sym": "paelx", "name": "T. Rowe Price Emerging Markets Local Currency Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007414413265222142, "alpha_t_5y": -0.3730812994788119, "alpha_t_full": -1.0326220142853437, "r2_5y": 0.6408072437290246, "r2_full": 0.5920065928262552, "corr_portfolio": 0.2515849240133518, "corr_benchmark": 0.35012801992808307, "alpha_pos_frac": 0.536723163841808, "fund_max_dd": -0.3471025356466323, "first": "2011-05-31", "verdict": "weak/unstable alpha", "alpha_name": false}, "paffx": {"sym": "paffx", "name": "T. Rowe Price Target 2045 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01227340014217768, "alpha_t_5y": -1.2180134429300506, "alpha_t_full": 1.7785902722084501, "r2_5y": 0.9684745783194038, "r2_full": 0.39196132011028073, "corr_portfolio": 0.1920931357420296, "corr_benchmark": 0.4106407436212837, "alpha_pos_frac": 0.06, "fund_max_dd": -0.2985283298973661, "first": "2013-08-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pafmx": {"sym": "pafmx", "name": "Putnam Retirement Advantage 2045 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010225650145875264, "alpha_t_5y": 0.9303034691694104, "alpha_t_full": 0.8398405256207017, "r2_5y": 0.9608264248558164, "r2_full": 0.9619747191176523, "corr_portfolio": 0.2552308453591416, "corr_benchmark": 0.684143261006678, "alpha_pos_frac": 0.5, "fund_max_dd": -0.2922330133126778, "first": "2020-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pajrx": {"sym": "pajrx", "name": "T. Rowe Price Target 2025 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00332002383087611, "alpha_t_5y": -0.48389648610656616, "alpha_t_full": 0.3022123652308795, "r2_5y": 0.9554622276510547, "r2_full": 0.8891769247409311, "corr_portfolio": 0.30150612291698736, "corr_benchmark": 0.6518583036205818, "alpha_pos_frac": 0.54, "fund_max_dd": -0.2247884235099975, "first": "2013-08-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pamfx": {"sym": "pamfx", "name": "Federated Hermes Pennsylvania Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0024942615324732905, "alpha_t_5y": 0.2061124665475312, "alpha_t_full": 7.65057386193905, "r2_5y": 0.32491806283753244, "r2_full": -2.4424906541753444e-15, "corr_portfolio": 0.017487474655490075, "corr_benchmark": 0.3582883958626961, "alpha_pos_frac": 0.5914396887159533, "fund_max_dd": -0.1550346835743337, "first": "1990-10-12", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "pappx": {"sym": "pappx", "name": "Papp Small & Mid-Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07592958937745582, "alpha_t_5y": -2.430858259430634, "alpha_t_full": -1.6373228279957797, "r2_5y": 0.819037750390796, "r2_full": 0.8754424520888777, "corr_portfolio": 0.23771978011145273, "corr_benchmark": 0.5885610771155372, "alpha_pos_frac": 0.53125, "fund_max_dd": -0.34507048706344157, "first": "2010-03-09", "verdict": "weak/unstable alpha", "alpha_name": false}, "parmx": {"sym": "parmx", "name": "Parnassus Mid Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04267597639370613, "alpha_t_5y": -1.699292150118334, "alpha_t_full": -0.5165032006041697, "r2_5y": 0.8801971584008118, "r2_full": 0.903578171499473, "corr_portfolio": 0.26342323955782126, "corr_benchmark": 0.6119723340352121, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.4987332812733648, "first": "2005-05-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "parnx": {"sym": "parnx", "name": "Parnassus Mid Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08242011170130978, "alpha_t_5y": -2.112695417788619, "alpha_t_full": 3.00435258273467, "r2_5y": 0.850150466497406, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.1299055680772606, "corr_benchmark": 0.6075286312199196, "alpha_pos_frac": 0.5517241379310345, "fund_max_dd": -0.543354010838193, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "parwx": {"sym": "parwx", "name": "Parnassus Value Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010751323903286907, "alpha_t_5y": 0.258438746885427, "alpha_t_full": 1.92681179462933, "r2_5y": 0.71866421828126, "r2_full": 0.8546935700153009, "corr_portfolio": 0.3168857601968209, "corr_benchmark": 0.5174048806231558, "alpha_pos_frac": 0.46, "fund_max_dd": -0.4775975520519904, "first": "2005-05-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "pasux": {"sym": "pasux", "name": "T. Rowe Price Retirement 2065 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014199624350127915, "alpha_t_5y": -1.2686963849143098, "alpha_t_full": -1.149470413074661, "r2_5y": 0.9691018780661653, "r2_full": 0.9696738867513581, "corr_portfolio": 0.1435986409014807, "corr_benchmark": 0.6732456264384227, "alpha_pos_frac": 0.546875, "fund_max_dd": -0.28234064166743467, "first": "2020-10-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "paxhx": {"sym": "paxhx", "name": "Impax High Yield Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012395041071125854, "alpha_t_5y": -1.5488176887273055, "alpha_t_full": 0.6973188626004404, "r2_5y": 0.8557277050779756, "r2_full": 0.7572399290302186, "corr_portfolio": 0.28935698848359653, "corr_benchmark": 0.4475340765013552, "alpha_pos_frac": 0.5964125560538116, "fund_max_dd": -0.25667060766039873, "first": "2001-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "paxwx": {"sym": "paxwx", "name": "Impax Sustainable Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.018352610657320738, "alpha_t_5y": -1.6465036968152327, "alpha_t_full": 4.140771972755035, "r2_5y": 0.9385809366148687, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.2835793123347549, "corr_benchmark": 0.7058211707676609, "alpha_pos_frac": 0.5574468085106383, "fund_max_dd": -0.4011704784077629, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pazlx": {"sym": "pazlx", "name": "T. Rowe Price Target 2065 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014310525141066675, "alpha_t_5y": -1.2769221995118432, "alpha_t_full": -1.1451677976752883, "r2_5y": 0.968904581895168, "r2_full": 0.9694429607269002, "corr_portfolio": 0.14345644844421257, "corr_benchmark": 0.6735941866233561, "alpha_pos_frac": 0.546875, "fund_max_dd": -0.2822705514640369, "first": "2020-10-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pbaix": {"sym": "pbaix", "name": "BLACKROCK TACTICAL OPPORTUNITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04790560433254764, "alpha_t_5y": 1.9584168684636383, "alpha_t_full": 3.5389326076140497, "r2_5y": 0.18724968846540346, "r2_full": 9.992007221626409e-16, "corr_portfolio": 0.2695792703045866, "corr_benchmark": 0.016520104440359434, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.39249287248987896, "first": "1993-06-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "pbamx": {"sym": "pbamx", "name": "Putnam Retirement Advantage 2040 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006793787554806139, "alpha_t_5y": 0.6457535508190279, "alpha_t_full": 0.754847667460761, "r2_5y": 0.9574098716233309, "r2_full": 0.959677533144429, "corr_portfolio": 0.2534039262718372, "corr_benchmark": 0.6987646630075736, "alpha_pos_frac": 0.4864864864864865, "fund_max_dd": -0.2757282276158258, "first": "2020-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pbbbx": {"sym": "pbbbx", "name": "PIA BBB Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005881201696622642, "alpha_t_5y": 0.595739502421347, "alpha_t_full": -0.47592294835721255, "r2_5y": 0.8707082764497436, "r2_full": 0.7930900996075123, "corr_portfolio": -0.008158122296365403, "corr_benchmark": 0.7026369029152514, "alpha_pos_frac": 0.5317919075144508, "fund_max_dd": -0.2274405382732736, "first": "2003-08-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pbcax": {"sym": "pbcax", "name": "PGIM CALIFORNIA MUNI INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004817554878606139, "alpha_t_5y": 0.4970874636131826, "alpha_t_full": 7.780567911992082, "r2_5y": 0.3099665848298714, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.06112092308892659, "corr_benchmark": 0.27421125771550475, "alpha_pos_frac": 0.5317919075144508, "fund_max_dd": -0.12256233407173134, "first": "1990-12-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "pbdix": {"sym": "pbdix", "name": "T. Rowe Price QM U.S. Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0034540226158731534, "alpha_t_5y": 0.7593426315458411, "alpha_t_full": -0.052996404742555785, "r2_5y": 0.9656150124307087, "r2_full": 0.879616121227012, "corr_portfolio": -0.12067708726934477, "corr_benchmark": 0.6643800803842884, "alpha_pos_frac": 0.5028901734104047, "fund_max_dd": -0.18628419709103805, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pbqax": {"sym": "pbqax", "name": "PGIM Jennison Blend Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.020162717507956437, "alpha_t_5y": -1.540358451636547, "alpha_t_full": 3.3203930187864183, "r2_5y": 0.9736876429765704, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.23477399134760737, "corr_benchmark": 0.5803442494285033, "alpha_pos_frac": 0.490272373540856, "fund_max_dd": -0.5389378140674224, "first": "1990-01-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pbsmx": {"sym": "pbsmx", "name": "PGIM SHORT-TERM CORPORATE BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011114692797236253, "alpha_t_5y": -1.7499118270509664, "alpha_t_full": 9.40536125744306, "r2_5y": 0.8123348679507127, "r2_full": -2.220446049250313e-15, "corr_portfolio": 0.035315849491460494, "corr_benchmark": 0.5072261886396883, "alpha_pos_frac": 0.4624277456647399, "fund_max_dd": -0.1035367488039487, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "pbus": {"sym": "pbus", "name": "Invesco MSCI USA ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0015557501452626874, "alpha_t_5y": -0.1688510402932283, "alpha_t_full": 0.6687671344511329, "r2_5y": 0.9831577943553412, "r2_full": 0.7899888623790129, "corr_portfolio": 0.22482660784505068, "corr_benchmark": 0.6020035939179506, "alpha_pos_frac": 0.5643564356435643, "fund_max_dd": -0.33153983156373135, "first": "2017-09-26", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pcdlx": {"sym": "pcdlx", "name": "Putnam Retirement Advantage 2035 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009692338156106817, "alpha_t_5y": 1.0457501934622992, "alpha_t_full": 0.39029489632360476, "r2_5y": 0.9570227909370321, "r2_full": 0.9588288246241897, "corr_portfolio": 0.24569529384555935, "corr_benchmark": 0.7267358434840885, "alpha_pos_frac": 0.5135135135135135, "fund_max_dd": -0.24781348986250962, "first": "2020-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pcef": {"sym": "pcef", "name": "Invesco CEF Income Composite ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.020303305866000685, "alpha_t_5y": -0.8928583497832183, "alpha_t_full": -1.9906149305140393, "r2_5y": 0.7702058391419888, "r2_full": 0.7331065290751341, "corr_portfolio": 0.31097148749226433, "corr_benchmark": 0.6238819944643696, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.3863544069898822, "first": "2010-02-22", "verdict": "weak/unstable alpha", "alpha_name": false}, "pcjsx": {"sym": "pcjsx", "name": "Putnam Retirement Advantage Plus 2065 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00846520734233115, "alpha_t_5y": -0.5370818314832475, "alpha_t_full": -0.5370818314832475, "r2_5y": 0.9366938123494435, "r2_full": 0.9366938123494435, "corr_portfolio": 0.12019192471696326, "corr_benchmark": 0.6565459954307089, "alpha_pos_frac": 0.46774193548387094, "fund_max_dd": -0.22445516803522447, "first": "2021-01-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pckex": {"sym": "pckex", "name": "Putnam Retirement Advantage 2065 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0075746348102405285, "alpha_t_5y": 0.7285977741086249, "alpha_t_full": 0.7285977741086249, "r2_5y": 0.9751541943078464, "r2_full": 0.9751541943078464, "corr_portfolio": 0.1287446631130224, "corr_benchmark": 0.6730184445061044, "alpha_pos_frac": 0.46774193548387094, "fund_max_dd": -0.24841664222161408, "first": "2021-01-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pclcx": {"sym": "pclcx", "name": "PACE Large Co Growth Equity Investments", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05805175519516592, "alpha_t_5y": -3.1175729035535626, "alpha_t_full": -2.1430115363935154, "r2_5y": 0.9513538713124289, "r2_full": 0.941496693004151, "corr_portfolio": 0.18688602618820402, "corr_benchmark": 0.619399847663849, "alpha_pos_frac": 0.5525291828793775, "fund_max_dd": -0.6398237825414241, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pclrx": {"sym": "pclrx", "name": "PGIM INCOME BUILDER FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018304913943733677, "alpha_t_5y": 1.309592788560438, "alpha_t_full": -1.0297653544960026, "r2_5y": 0.8410646509221504, "r2_full": 0.7604141765404143, "corr_portfolio": 0.3577821109011818, "corr_benchmark": 0.6396543411902245, "alpha_pos_frac": 0.5515695067264574, "fund_max_dd": -0.31199034710577367, "first": "2004-10-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "pconx": {"sym": "pconx", "name": "PUTNAM CONVERTIBLE SECURITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01073332173719811, "alpha_t_5y": -0.4369855409750212, "alpha_t_full": 4.848153025547787, "r2_5y": 0.8198896646408533, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.1686685629112609, "corr_benchmark": 0.5797410016874776, "alpha_pos_frac": 0.5657370517928287, "fund_max_dd": -0.4769840693520889, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "pcrix": {"sym": "pcrix", "name": "PIMCO CommodityRealReturn Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006742768447695586, "alpha_t_5y": 0.25766020689140984, "alpha_t_full": 0.591877710613131, "r2_5y": 0.8734326747796497, "r2_full": 0.14603373786378837, "corr_portfolio": 0.2230505578777076, "corr_benchmark": 0.1799548119525162, "alpha_pos_frac": 0.5129310344827587, "fund_max_dd": -0.7204192600560511, "first": "2002-07-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pcvax": {"sym": "pcvax", "name": "Virtus NFJ Small-Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0015682398506259685, "alpha_t_5y": -0.054924218644246625, "alpha_t_full": 1.3227310947527349, "r2_5y": 0.8906477896705692, "r2_full": 0.8938616410449873, "corr_portfolio": 0.31790831590723373, "corr_benchmark": 0.5237102130488784, "alpha_pos_frac": 0.5019455252918288, "fund_max_dd": -0.5097647671897545, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pdbax": {"sym": "pdbax", "name": "PGIM TOTAL RETURN BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006176029613084067, "alpha_t_5y": 0.7849784438491307, "alpha_t_full": 5.936489800801218, "r2_5y": 0.9002152568851371, "r2_full": -1.7763568394002505e-15, "corr_portfolio": -0.040165300557592445, "corr_benchmark": 0.6841564159332755, "alpha_pos_frac": 0.5433526011560693, "fund_max_dd": -0.20625378219460078, "first": "1995-01-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pdeax": {"sym": "pdeax", "name": "PGIM JENNISON EMERGING MARKETS EQUITY OPPORTUNITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05305471601082259, "alpha_t_5y": -1.0581462896889096, "alpha_t_full": -0.28368375927322476, "r2_5y": 0.7837943085445228, "r2_full": 0.7498704434206669, "corr_portfolio": 0.15648877934987504, "corr_benchmark": 0.45920382448737745, "alpha_pos_frac": 0.5182481751824818, "fund_max_dd": -0.552362980769046, "first": "2014-09-18", "verdict": "weak/unstable alpha", "alpha_name": false}, "pdhax": {"sym": "pdhax", "name": "PGIM Emerging Markets Debt Hard Currency Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005915620580249121, "alpha_t_5y": 0.3278762504745587, "alpha_t_full": -0.4579496338925686, "r2_5y": 0.5837444712311526, "r2_full": 0.5920628926480627, "corr_portfolio": 0.2210099352847333, "corr_benchmark": 0.5089472744567569, "alpha_pos_frac": 0.6224489795918368, "fund_max_dd": -0.29248890105732606, "first": "2017-12-19", "verdict": "weak/unstable alpha", "alpha_name": false}, "pdinx": {"sym": "pdinx", "name": "PUTNAM DIVERSIFIED INCOME TRUST", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007870595552057455, "alpha_t_5y": 0.25603001007596793, "alpha_t_full": 5.7757613946139115, "r2_5y": 0.10939675559633755, "r2_full": 8.881784197001252e-16, "corr_portfolio": 0.1515436580369243, "corr_benchmark": 0.20295102993548317, "alpha_pos_frac": 0.6205128205128205, "fund_max_dd": -0.4551253654646945, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": true}, "pdizx": {"sym": "pdizx", "name": "Putnam Retirement Advantage 2030 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007271321392502256, "alpha_t_5y": 0.7886346210078021, "alpha_t_full": 0.1697858080753807, "r2_5y": 0.9314067670259374, "r2_full": 0.9392043339405481, "corr_portfolio": 0.22337045683986115, "corr_benchmark": 0.7682622807213977, "alpha_pos_frac": 0.4864864864864865, "fund_max_dd": -0.21032149783938647, "first": "2020-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pdsax": {"sym": "pdsax", "name": "PGIM Short Duration Muni Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008697645763767158, "alpha_t_5y": -0.9490147305785134, "alpha_t_full": 2.422023951962814, "r2_5y": 0.31558437014257745, "r2_full": 0.31906962267466954, "corr_portfolio": 0.06475583689920278, "corr_benchmark": 0.25957593213886526, "alpha_pos_frac": 0.5106382978723404, "fund_max_dd": -0.1022519074994317, "first": "2014-06-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "pennx": {"sym": "pennx", "name": "Royce Small-Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009726121322793027, "alpha_t_5y": 0.4554771774980609, "alpha_t_full": 3.8500708363984057, "r2_5y": 0.9406332159024925, "r2_full": 5.551115123125783e-16, "corr_portfolio": 0.2879428555445985, "corr_benchmark": 0.5413396435438118, "alpha_pos_frac": 0.5431034482758621, "fund_max_dd": -0.5699986832089872, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "peopx": {"sym": "peopx", "name": "BNY Mellon S&P 500 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0035913522899650866, "alpha_t_5y": -0.5836808973177723, "alpha_t_full": -0.5377282471427501, "r2_5y": 0.9923666082270542, "r2_full": 0.9797612874095046, "corr_portfolio": 0.279275175918218, "corr_benchmark": 0.6163057871975196, "alpha_pos_frac": 0.40129449838187703, "fund_max_dd": -0.5551421648262652, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pequx": {"sym": "pequx", "name": "PUTNAM FOCUSED INTERNATIONAL EQUITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0038824618493101116, "alpha_t_5y": 0.15913611833209704, "alpha_t_full": 2.975741034319493, "r2_5y": 0.8694632491624296, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.31470685857300573, "corr_benchmark": 0.5824471863761062, "alpha_pos_frac": 0.4798206278026906, "fund_max_dd": -0.703122952170135, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pespx": {"sym": "pespx", "name": "BNY Mellon Midcap Index Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010999664191487948, "alpha_t_5y": -0.5690147353192967, "alpha_t_full": 3.6714273012052883, "r2_5y": 0.9453836202211632, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.3185452135295827, "corr_benchmark": 0.5641308516169997, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.5542950102770463, "first": "1991-06-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pexmx": {"sym": "pexmx", "name": "T. Rowe Price Extended Equity Market Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.029291425008172754, "alpha_t_5y": -1.57924938037728, "alpha_t_full": 0.0832476825061214, "r2_5y": 0.9608874758870909, "r2_full": 0.945509494737267, "corr_portfolio": 0.22763119450862992, "corr_benchmark": 0.5666831622055984, "alpha_pos_frac": 0.5, "fund_max_dd": -0.5794748064132105, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "peyax": {"sym": "peyax", "name": "PUTNAM LARGE CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.038238423570826734, "alpha_t_5y": 2.535882771088448, "alpha_t_full": 4.097487983379198, "r2_5y": 0.9373019742063371, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.399023279762834, "corr_benchmark": 0.5344381468066888, "alpha_pos_frac": 0.4798206278026906, "fund_max_dd": -0.5146951503243322, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pflrx": {"sym": "pflrx", "name": "Putnam Floating Rate Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.030391073004216836, "alpha_t_5y": 3.541135268202159, "alpha_t_full": 1.585498321597516, "r2_5y": 0.47272065327012247, "r2_full": 0.5650668462831917, "corr_portfolio": 0.3094628283236659, "corr_benchmark": 0.24933113853514885, "alpha_pos_frac": 0.48717948717948717, "fund_max_dd": -0.32851697194627005, "first": "2004-08-06", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "pfsax": {"sym": "pfsax", "name": "PGIM Jennison Financial Services Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010986857706066085, "alpha_t_5y": 0.3093739500224108, "alpha_t_full": 0.5611156814426181, "r2_5y": 0.8246545329718439, "r2_full": 0.8028935984912559, "corr_portfolio": 0.3595935750629374, "corr_benchmark": 0.4582700398168905, "alpha_pos_frac": 0.4470588235294118, "fund_max_dd": -0.5523287357447194, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "pfslx": {"sym": "pfslx", "name": "Paradigm Select Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.037983264480292565, "alpha_t_5y": 0.9449936714823882, "alpha_t_full": 0.7034139168480674, "r2_5y": 0.8532537848127546, "r2_full": 0.8931478552421699, "corr_portfolio": 0.2328617107071564, "corr_benchmark": 0.5663674824077501, "alpha_pos_frac": 0.47533632286995514, "fund_max_dd": -0.5238151042823442, "first": "2005-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pfxf": {"sym": "pfxf", "name": "VanEck Preferred Securities ex Financials ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.022332878880026982, "alpha_t_5y": -0.8322256499550678, "alpha_t_full": -1.172517074780516, "r2_5y": 0.6561553267089688, "r2_full": 0.6261053162491539, "corr_portfolio": 0.2335996519509493, "corr_benchmark": 0.5981419395547352, "alpha_pos_frac": 0.50920245398773, "fund_max_dd": -0.3549405222980784, "first": "2012-07-20", "verdict": "weak/unstable alpha", "alpha_name": false}, "pgdix": {"sym": "pgdix", "name": "Diversified Income Fund (f/k/a Global Diversified Income Fund)", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011021267230538269, "alpha_t_5y": 1.176338106480683, "alpha_t_full": 2.3403818173569553, "r2_5y": 0.6959185108108339, "r2_full": 0.6351184595877413, "corr_portfolio": 0.30646260408143494, "corr_benchmark": 0.589110782118715, "alpha_pos_frac": 0.4563106796116505, "fund_max_dd": -0.237601821742342, "first": "2008-12-17", "verdict": "weak/unstable alpha", "alpha_name": true}, "pgeix": {"sym": "pgeix", "name": "Polen Emerging Markets Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07551974802683063, "alpha_t_5y": -1.334552951852035, "alpha_t_full": -1.319287948877762, "r2_5y": 0.6480350867841163, "r2_full": 0.621508515553193, "corr_portfolio": 0.06634917200636273, "corr_benchmark": 0.4009328143855441, "alpha_pos_frac": 0.625, "fund_max_dd": -0.492424219393378, "first": "2020-10-19", "verdict": "weak/unstable alpha", "alpha_name": false}, "pgeox": {"sym": "pgeox", "name": "GEORGE PUTNAM FUND OF BOSTON", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005163689776198642, "alpha_t_5y": 0.7830734179306102, "alpha_t_full": 4.1378845985816195, "r2_5y": 0.9802068464437529, "r2_full": -8.881784197001252e-16, "corr_portfolio": 0.2590824763726946, "corr_benchmark": 0.7144321680815223, "alpha_pos_frac": 0.5260115606936416, "fund_max_dd": -0.5063291505183176, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pggax": {"sym": "pggax", "name": "American Funds Global Growth Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02872020393391556, "alpha_t_5y": -2.05125377094395, "alpha_t_full": -1.4247626205147488, "r2_5y": 0.962984307728542, "r2_full": 0.9609462369907775, "corr_portfolio": 0.2665020520448951, "corr_benchmark": 0.6180825355663426, "alpha_pos_frac": 0.5212121212121212, "fund_max_dd": -0.3440665191990774, "first": "2012-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pggix": {"sym": "pggix", "name": "PUTNAM GLOBAL INCOME TRUST", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01499821573847721, "alpha_t_5y": -2.197114655331362, "alpha_t_full": 3.7178076336670176, "r2_5y": 0.8917065331030135, "r2_full": -6.661338147750939e-16, "corr_portfolio": 0.02258874692232828, "corr_benchmark": 0.6071702323378692, "alpha_pos_frac": 0.515695067264574, "fund_max_dd": -0.2681045724793484, "first": "1996-06-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pgjax": {"sym": "pgjax", "name": "PGIM Jennison Global Infrastructure Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0024518560913109554, "alpha_t_5y": 0.07947600449267134, "alpha_t_full": -0.05280125624347114, "r2_5y": 0.7142433238994828, "r2_full": 0.7699291836212773, "corr_portfolio": 0.3399575947961548, "corr_benchmark": 0.5611659877896849, "alpha_pos_frac": 0.5100671140939598, "fund_max_dd": -0.36664638198669763, "first": "2013-09-26", "verdict": "weak/unstable alpha", "alpha_name": false}, "pgkax": {"sym": "pgkax", "name": "PGIM Jennison Technology Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008094637731113671, "alpha_t_5y": -0.218473592572552, "alpha_t_full": 0.1348000461416803, "r2_5y": 0.9049367293865277, "r2_full": 0.9062198639917447, "corr_portfolio": 0.027682586996486454, "corr_benchmark": 0.6150427301662096, "alpha_pos_frac": 0.43478260869565216, "fund_max_dd": -0.485896478277541, "first": "2018-06-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pgnax": {"sym": "pgnax", "name": "PGIM Jennison Natural Resources Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": 2.2780731753409653, "r2_5y": NaN, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.08183608016663571, "corr_benchmark": 0.21430211496599427, "alpha_pos_frac": NaN, "fund_max_dd": -0.7156398043070942, "first": "1990-01-23", "verdict": "no 5y window", "alpha_name": false}, "pgoax": {"sym": "pgoax", "name": "PGIM JENNISON SMALL COMPANY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014951369443629242, "alpha_t_5y": -0.692726780799233, "alpha_t_full": 3.416358089663622, "r2_5y": 0.9375824371948344, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.27704460529005365, "corr_benchmark": 0.5533331881550394, "alpha_pos_frac": 0.4663677130044843, "fund_max_dd": -0.5656820575753753, "first": "1990-01-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pgrnx": {"sym": "pgrnx", "name": "Impax Global Environmental Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04654462730550963, "alpha_t_5y": -1.7585470988594156, "alpha_t_full": -1.3536562820350229, "r2_5y": 0.8831405720128434, "r2_full": 0.9065473136412708, "corr_portfolio": 0.28908973826942125, "corr_benchmark": 0.6063037634388917, "alpha_pos_frac": 0.46511627906976744, "fund_max_dd": -0.5254395246869658, "first": "2008-03-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pgrox": {"sym": "pgrox", "name": "BNY Mellon Worldwide Growth Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.044834012020789696, "alpha_t_5y": -2.620460727022271, "alpha_t_full": 3.6125704905905565, "r2_5y": 0.9399448272544365, "r2_full": 0.0, "corr_portfolio": 0.25372969602646644, "corr_benchmark": 0.6214504030025514, "alpha_pos_frac": 0.4618834080717489, "fund_max_dd": -0.47747953213589023, "first": "1993-07-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pgsix": {"sym": "pgsix", "name": "PUTNAM MORTGAGE SECURITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007760443201267376, "alpha_t_5y": 0.2931746338664741, "alpha_t_full": 4.1820510714033, "r2_5y": 0.4566851371451671, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.03291500162663316, "corr_benchmark": 0.442574634983087, "alpha_pos_frac": 0.517948717948718, "fund_max_dd": -0.22278455023542265, "first": "1996-06-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "pgvax": {"sym": "pgvax", "name": "PGIM GOVERNMENT INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0072592032686236456, "alpha_t_5y": -1.1075971377715066, "alpha_t_full": 5.159994314805401, "r2_5y": 0.9321567798582333, "r2_full": 2.1094237467877974e-15, "corr_portfolio": -0.13365504927537805, "corr_benchmark": 0.6345641743946662, "alpha_pos_frac": 0.6011560693641619, "fund_max_dd": -0.21587822357319053, "first": "1990-01-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pgwax": {"sym": "pgwax", "name": "Virtus Silvant Focused Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02810853738456608, "alpha_t_5y": -1.1307944600072044, "alpha_t_full": 3.371890900822078, "r2_5y": 0.9351030321882126, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.14337637652874352, "corr_benchmark": 0.604940388326626, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.664607312347052, "first": "1990-10-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pheax": {"sym": "pheax", "name": "PGIM Global Total Return (USD Hedged) Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0011204388406018586, "alpha_t_5y": -0.128444235603477, "alpha_t_full": 0.7812947492763578, "r2_5y": 0.7817129217703762, "r2_full": 0.7605149439412424, "corr_portfolio": 0.007729324796808906, "corr_benchmark": 0.6876315559429306, "alpha_pos_frac": 0.5816326530612245, "fund_max_dd": -0.2343623880675647, "first": "2017-12-13", "verdict": "weak/unstable alpha", "alpha_name": false}, "phizx": {"sym": "phizx", "name": "PGIM Muni High Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011223925114200351, "alpha_t_5y": 0.6893606843082871, "alpha_t_full": 5.655941686048611, "r2_5y": 0.3608257341678719, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.06294927896467394, "corr_benchmark": 0.29976447839320225, "alpha_pos_frac": 0.6184971098265896, "fund_max_dd": -0.1880123438222404, "first": "1996-09-17", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "phlax": {"sym": "phlax", "name": "PGIM Jennison Health Sciences Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": 3.0051209809947173, "r2_5y": NaN, "r2_full": 0.35830961818610707, "corr_portfolio": 0.22800399630732848, "corr_benchmark": 0.27563957739853234, "alpha_pos_frac": 0.49767441860465117, "fund_max_dd": -0.42408484202177965, "first": "1999-07-01", "verdict": "no 5y window", "alpha_name": false}, "phstx": {"sym": "phstx", "name": "PUTNAM GLOBAL HEALTH CARE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017065934105168965, "alpha_t_5y": 0.41334482537676615, "alpha_t_full": 3.8653915721945316, "r2_5y": 0.5273265780082941, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.2545256412608181, "corr_benchmark": 0.4842871825185496, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.45513778475316935, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "phyix": {"sym": "phyix", "name": "PUTNAM HIGH YIELD FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004622664994174524, "alpha_t_5y": 0.5042453583995471, "alpha_t_full": 9.166485481918494, "r2_5y": 0.774638101971778, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.3173759246439919, "corr_benchmark": 0.4674865934254459, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.3124573345260716, "first": "1990-01-03", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "phyl": {"sym": "phyl", "name": "PGIM Active High Yield Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -2.3943030660413822e-06, "alpha_t_5y": -0.00022905775084075596, "alpha_t_full": -0.291132392365543, "r2_5y": 0.7973390471723192, "r2_full": 0.7514676405229113, "corr_portfolio": 0.23769756784724355, "corr_benchmark": 0.6175546391264902, "alpha_pos_frac": 0.550561797752809, "fund_max_dd": -0.2206842807858872, "first": "2018-09-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "physx": {"sym": "physx", "name": "PIA High Yield Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017355513932412154, "alpha_t_5y": 1.603314651747347, "alpha_t_full": 4.132619190292692, "r2_5y": 0.5485338779580614, "r2_full": 0.5942614528308012, "corr_portfolio": 0.32596098530328316, "corr_benchmark": 0.3534302681773009, "alpha_pos_frac": 0.5524861878453039, "fund_max_dd": -0.19862598531080722, "first": "2011-01-13", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "piafx": {"sym": "piafx", "name": "Invesco Multi-Asset Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00728027511397978, "alpha_t_5y": -0.6870960946580325, "alpha_t_full": -1.9790595023701771, "r2_5y": 0.8699571979399088, "r2_full": 0.7075962167836265, "corr_portfolio": 0.2936242675533314, "corr_benchmark": 0.720787301610445, "alpha_pos_frac": 0.6058823529411764, "fund_max_dd": -0.30412713823920845, "first": "2011-12-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "piamx": {"sym": "piamx", "name": "PIA High Yield (MACS) Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02226151595636209, "alpha_t_5y": 2.109240435603496, "alpha_t_full": 2.9372631489432273, "r2_5y": 0.5681693192391636, "r2_full": 0.6178231597623178, "corr_portfolio": 0.32496370670834335, "corr_benchmark": 0.40382370240350984, "alpha_pos_frac": 0.47959183673469385, "fund_max_dd": -0.1814997586291619, "first": "2017-12-27", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "piasx": {"sym": "piasx", "name": "PIA Short-Term Securities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005656205528652352, "alpha_t_5y": 1.4017752578691653, "alpha_t_full": 13.26342835330542, "r2_5y": 0.46659543334128184, "r2_full": -1.3322676295501878e-15, "corr_portfolio": -0.03850980419266495, "corr_benchmark": 0.30034461237622184, "alpha_pos_frac": 0.4393063583815029, "fund_max_dd": -0.025817253581702726, "first": "1994-04-25", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "pibax": {"sym": "pibax", "name": "PGIM BALANCED FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004172957596975107, "alpha_t_5y": 0.42867863919699584, "alpha_t_full": 1.0948364193542413, "r2_5y": 0.9521822747499005, "r2_full": 0.873268902955235, "corr_portfolio": 0.29353236941329236, "corr_benchmark": 0.7014654688409393, "alpha_pos_frac": 0.5375722543352601, "fund_max_dd": -0.4113736677931532, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "piefx": {"sym": "piefx", "name": "Federated Hermes Emerging Markets Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00843221387534459, "alpha_t_5y": -0.20231919881624377, "alpha_t_full": 0.7192021254734798, "r2_5y": 0.7617365880560258, "r2_full": 0.7956354317064367, "corr_portfolio": 0.2069763289118946, "corr_benchmark": 0.4591403791900099, "alpha_pos_frac": 0.5327102803738317, "fund_max_dd": -0.48433300315432926, "first": "2017-04-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "pieqx": {"sym": "pieqx", "name": "T. Rowe Price International Equity Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.001826520899113657, "alpha_t_5y": 0.17727351715262274, "alpha_t_full": 0.8617043361854181, "r2_5y": 0.9767487192606958, "r2_full": 0.9344495889838551, "corr_portfolio": 0.3812007982122021, "corr_benchmark": 0.5424897135117049, "alpha_pos_frac": 0.5426008968609866, "fund_max_dd": -0.6073070563191256, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pigdx": {"sym": "pigdx", "name": "Federated Hermes International Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06583725062702384, "alpha_t_5y": -2.459921058671588, "alpha_t_full": -1.403563740146651, "r2_5y": 0.8785159011999497, "r2_full": 0.8846516079010189, "corr_portfolio": 0.2181459046319916, "corr_benchmark": 0.5927330572596915, "alpha_pos_frac": 0.48333333333333334, "fund_max_dd": -0.42755967279964624, "first": "2016-03-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pincx": {"sym": "pincx", "name": "PUTNAM INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02199077597735828, "alpha_t_5y": -2.141161076855564, "alpha_t_full": 6.4288417119731305, "r2_5y": 0.8805390155695537, "r2_full": 1.6653345369377348e-15, "corr_portfolio": -0.04570700363792774, "corr_benchmark": 0.6181058191498182, "alpha_pos_frac": 0.47398843930635837, "fund_max_dd": -0.31077846025439837, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pisdx": {"sym": "pisdx", "name": "Columbia Pyrford International Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01802488631915298, "alpha_t_5y": 1.1200523151544894, "alpha_t_full": 1.1200523151544894, "r2_5y": 0.9008197770386956, "r2_full": 0.9008197770386956, "corr_portfolio": 0.2289659175572172, "corr_benchmark": 0.5830557466916126, "alpha_pos_frac": 0.46774193548387094, "fund_max_dd": -0.23697281953978122, "first": "2021-01-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pishx": {"sym": "pishx", "name": "Preferred Securities and Income SMA Shares", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.023320237861832568, "alpha_t_5y": 1.2146984373394836, "alpha_t_full": 3.6260714190634715, "r2_5y": 0.33310260580615314, "r2_full": 0.5294039203496995, "corr_portfolio": 0.3036180456843369, "corr_benchmark": 0.39437601826808766, "alpha_pos_frac": 0.5119047619047619, "fund_max_dd": -0.2711869425820461, "first": "2019-03-04", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "piuix": {"sym": "piuix", "name": "Federated Hermes International Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03581781611319571, "alpha_t_5y": -1.8986407506882619, "alpha_t_full": -0.1919038911109301, "r2_5y": 0.9223732010327725, "r2_full": 0.8869199980397241, "corr_portfolio": 0.3660623641534356, "corr_benchmark": 0.5445072914992202, "alpha_pos_frac": 0.46153846153846156, "fund_max_dd": -0.6141731734667119, "first": "2001-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pjdax": {"sym": "pjdax", "name": "PGIM JENNISON RISING DIVIDEND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006308803032250913, "alpha_t_5y": -0.2948738098729123, "alpha_t_full": 0.38812588681364024, "r2_5y": 0.8686849828065338, "r2_full": 0.9144923935737095, "corr_portfolio": 0.3701518234364948, "corr_benchmark": 0.5560026257816261, "alpha_pos_frac": 0.5347222222222222, "fund_max_dd": -0.3362786463821471, "first": "2014-03-07", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pjeax": {"sym": "pjeax", "name": "PGIM US Real Estate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03071287957876379, "alpha_t_5y": 1.689939100044958, "alpha_t_full": 1.0968169069813103, "r2_5y": 0.9465384907928969, "r2_full": 0.967995789372146, "corr_portfolio": 0.24809897828753966, "corr_benchmark": 0.5648730328261469, "alpha_pos_frac": 0.46153846153846156, "fund_max_dd": -0.434201609072702, "first": "2010-12-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pjgrx": {"sym": "pjgrx", "name": "PGIM JENNISON GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.054744472884086945, "alpha_t_5y": -2.1064780323134427, "alpha_t_full": -1.8695366683949337, "r2_5y": 0.9334139340412391, "r2_full": 0.9276354870267998, "corr_portfolio": 0.10389450539478608, "corr_benchmark": 0.5992972509184841, "alpha_pos_frac": 0.4881889763779528, "fund_max_dd": -0.48009082818281856, "first": "2004-12-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pjiax": {"sym": "pjiax", "name": "PGIM JENNISON FOCUSED VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02073666027879478, "alpha_t_5y": 1.0305887616400875, "alpha_t_full": 1.0592877760390993, "r2_5y": 0.9101030750790894, "r2_full": 0.8507248933257041, "corr_portfolio": 0.3646155331018018, "corr_benchmark": 0.5219155227733477, "alpha_pos_frac": 0.5067264573991032, "fund_max_dd": -0.5803350460949311, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pjrax": {"sym": "pjrax", "name": "PGIM QUANT SOLUTIONS INTERNATIONAL EQUITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.021037741721442745, "alpha_t_5y": 1.2502734368155664, "alpha_t_full": 0.1514901951202325, "r2_5y": 0.9350871499834039, "r2_full": 0.8862176509581654, "corr_portfolio": 0.41221789578212525, "corr_benchmark": 0.5274803386892036, "alpha_pos_frac": 0.5426008968609866, "fund_max_dd": -0.6794493377977772, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "plbbx": {"sym": "plbbx", "name": "Plumb Balanced Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04144043026050626, "alpha_t_5y": -1.7201029121529514, "alpha_t_full": -2.656621925003413, "r2_5y": 0.8568662211535908, "r2_full": 0.8996001101453567, "corr_portfolio": 0.19757991275531636, "corr_benchmark": 0.6159554625609988, "alpha_pos_frac": 0.5466666666666666, "fund_max_dd": -0.4325927703704806, "first": "2007-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "plbex": {"sym": "plbex", "name": "Plumb Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07387798038576425, "alpha_t_5y": -2.3719402895585486, "alpha_t_full": -3.221052133914302, "r2_5y": 0.8994159752034296, "r2_full": 0.9087562516734722, "corr_portfolio": 0.16104965543037375, "corr_benchmark": 0.5986018656823955, "alpha_pos_frac": 0.4711111111111111, "fund_max_dd": -0.5247915013625419, "first": "2007-05-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "plusx": {"sym": "plusx", "name": "DWS Multi-Asset Moderate Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00962570406636677, "alpha_t_5y": -1.501985477291146, "alpha_t_full": -2.6297744553057525, "r2_5y": 0.9801282268907113, "r2_full": 0.9518390910436362, "corr_portfolio": 0.314050610220202, "corr_benchmark": 0.6911824172729804, "alpha_pos_frac": 0.5739910313901345, "fund_max_dd": -0.5338651598679094, "first": "2004-11-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pmegx": {"sym": "pmegx", "name": "T. Rowe Price Institutional Mid-Cap Equity Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06378550234423168, "alpha_t_5y": -2.422982260493029, "alpha_t_full": 1.1508365251609547, "r2_5y": 0.8878778546980858, "r2_full": 0.9135613623212402, "corr_portfolio": 0.219901371065793, "corr_benchmark": 0.6100665472341495, "alpha_pos_frac": 0.5560344827586207, "fund_max_dd": -0.5588499494696892, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pmtgx": {"sym": "pmtgx", "name": "PIA MBS Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0011145266194566388, "alpha_t_5y": 0.12571659361489895, "alpha_t_full": 0.4363007099014157, "r2_5y": 0.8791140158667089, "r2_full": 0.6330264247446302, "corr_portfolio": -0.10449523975284405, "corr_benchmark": 0.6266629240509172, "alpha_pos_frac": 0.6102564102564103, "fund_max_dd": -0.16907023360243612, "first": "2006-03-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pmvax": {"sym": "pmvax", "name": "Putnam Sustainable Future Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09456741357390297, "alpha_t_5y": -3.0009644814547345, "alpha_t_full": -1.9213502965955647, "r2_5y": 0.8798217630430863, "r2_full": 0.8913125579520403, "corr_portfolio": 0.07997805413937256, "corr_benchmark": 0.6523307263767432, "alpha_pos_frac": 0.4823529411764706, "fund_max_dd": -0.4419999274222084, "first": "2019-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pnbax": {"sym": "pnbax", "name": "Virtus NFJ Large-Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.021492368503141672, "alpha_t_5y": -0.958290039932699, "alpha_t_full": -1.5738533628978375, "r2_5y": 0.89295093447753, "r2_full": 0.9392352442637837, "corr_portfolio": 0.3409935266835361, "corr_benchmark": 0.5722840211585848, "alpha_pos_frac": 0.46551724137931033, "fund_max_dd": -0.627428151228808, "first": "2002-07-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pneax": {"sym": "pneax", "name": "Virtus NFJ Dividend Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003772619753803793, "alpha_t_5y": 0.1552536364874618, "alpha_t_full": -0.955426419457238, "r2_5y": 0.8711737443157401, "r2_full": 0.9166926059647932, "corr_portfolio": 0.3445880684032292, "corr_benchmark": 0.5672948921963767, "alpha_pos_frac": 0.5067264573991032, "fund_max_dd": -0.5968318435957211, "first": "2001-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pngax": {"sym": "pngax", "name": "Putnam International Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.034852777499856755, "alpha_t_5y": 1.798907028318978, "alpha_t_full": -0.12299859415814182, "r2_5y": 0.9133324217171169, "r2_full": 0.9105796991790509, "corr_portfolio": 0.456500172262473, "corr_benchmark": 0.48588485439583146, "alpha_pos_frac": 0.5361702127659574, "fund_max_dd": -0.6478085173149496, "first": "2001-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pnopx": {"sym": "pnopx", "name": "PUTNAM SUSTAINABLE LEADERS FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.034943784535261486, "alpha_t_5y": -2.605814427275855, "alpha_t_full": 3.7770488240464726, "r2_5y": 0.9656691117856804, "r2_full": 0.0, "corr_portfolio": 0.24102511009539707, "corr_benchmark": 0.6136347268875793, "alpha_pos_frac": 0.574468085106383, "fund_max_dd": -0.7414695528069606, "first": "1990-09-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pnrax": {"sym": "pnrax", "name": "Putnam U.S. Research Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0078006379936287, "alpha_t_5y": 0.6819207949445134, "alpha_t_full": -0.49127034085497623, "r2_5y": 0.9742406045226302, "r2_full": 0.9576933425492666, "corr_portfolio": 0.276478412264447, "corr_benchmark": 0.6082408893482397, "alpha_pos_frac": 0.5369649805447471, "fund_max_dd": -0.5727464927405788, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pnsax": {"sym": "pnsax", "name": "Putnam Small Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013138703584124807, "alpha_t_5y": -0.38602354240621056, "alpha_t_full": -0.040860454829000616, "r2_5y": 0.8868207594604377, "r2_full": 0.8911854260394549, "corr_portfolio": 0.18048580695872893, "corr_benchmark": 0.5557651740392132, "alpha_pos_frac": 0.515695067264574, "fund_max_dd": -0.6756500265416356, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pnvax": {"sym": "pnvax", "name": "Putnam International Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01777045367072421, "alpha_t_5y": -0.7418658434781341, "alpha_t_full": 3.148881109128048, "r2_5y": 0.866818737661125, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.37843130784261586, "corr_benchmark": 0.5341436653861956, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.6490959755048249, "first": "1995-12-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pogax": {"sym": "pogax", "name": "Putnam Large Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03699181922939444, "alpha_t_5y": -2.190143201327193, "alpha_t_full": -1.771779866542727, "r2_5y": 0.9658299354712779, "r2_full": 0.9288351430114181, "corr_portfolio": 0.15037798580951137, "corr_benchmark": 0.6178617057386717, "alpha_pos_frac": 0.5515695067264574, "fund_max_dd": -0.7655163818400119, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pomix": {"sym": "pomix", "name": "T. Rowe Price Total Equity Market Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003909460143702534, "alpha_t_5y": -0.45004494071921014, "alpha_t_full": 0.08684242680273922, "r2_5y": 0.9856292672508115, "r2_full": 0.9838611165640959, "corr_portfolio": 0.27750396171977787, "corr_benchmark": 0.6183564949247312, "alpha_pos_frac": 0.48109965635738833, "fund_max_dd": -0.5560786338303656, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "povsx": {"sym": "povsx", "name": "PUTNAM INTERNATIONAL EQUITY FUND /MA/", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008246774373235599, "alpha_t_5y": 0.45391160669396213, "alpha_t_full": 2.9818902535875664, "r2_5y": 0.9296842833671449, "r2_full": 0.0, "corr_portfolio": 0.3812505260466762, "corr_benchmark": 0.536012503953651, "alpha_pos_frac": 0.6053811659192825, "fund_max_dd": -0.6296914328002784, "first": "1991-03-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ppiax": {"sym": "ppiax", "name": "DWS Short Duration Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.019432530150408602, "alpha_t_5y": 3.644510147313814, "alpha_t_full": 2.5875772471322165, "r2_5y": 0.7024788166295107, "r2_full": 0.14225749049281577, "corr_portfolio": 0.060166731590796295, "corr_benchmark": 0.4109016209718758, "alpha_pos_frac": 0.45664739884393063, "fund_max_dd": -0.09012090529392658, "first": "2002-12-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "ppnax": {"sym": "ppnax", "name": "Putnam Strategic Intermediate Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01032129065948187, "alpha_t_5y": 1.0191118873201728, "alpha_t_full": 6.250894619228572, "r2_5y": 0.3867962277552154, "r2_full": -2.6645352591003757e-15, "corr_portfolio": 0.05979544508950956, "corr_benchmark": 0.3293428694148038, "alpha_pos_frac": 0.5525291828793775, "fund_max_dd": -0.1246807269628053, "first": "1993-09-21", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "ppqax": {"sym": "ppqax", "name": "PIMCO REALPATH Blend 2050 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004593342096957326, "alpha_t_5y": -0.5531597224081772, "alpha_t_full": -0.48410161182789085, "r2_5y": 0.980345418288382, "r2_full": 0.972747336033345, "corr_portfolio": 0.3203385256305766, "corr_benchmark": 0.654820832770519, "alpha_pos_frac": 0.5895522388059702, "fund_max_dd": -0.3159144350886982, "first": "2015-01-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pqcnx": {"sym": "pqcnx", "name": "PGIM Core Conservative Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00024987648351208216, "alpha_t_5y": -0.05243749088243829, "alpha_t_full": -0.16321430658510086, "r2_5y": 0.9637506391046765, "r2_full": 0.9426915908071314, "corr_portfolio": -0.12208725182398114, "corr_benchmark": 0.7103048425543876, "alpha_pos_frac": 0.5523809523809524, "fund_max_dd": -0.1966830194156195, "first": "2017-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pqnax": {"sym": "pqnax", "name": "Virtus NFJ Mid-Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01752714661655643, "alpha_t_5y": -0.618897430248418, "alpha_t_full": 3.920399798820715, "r2_5y": 0.8651926964118197, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.3193668779213482, "corr_benchmark": 0.5833355814293157, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.5903013076750305, "first": "1991-02-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pqtsx": {"sym": "pqtsx", "name": "PGIM TIPS Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0051541478541658236, "alpha_t_5y": 0.3513170989280061, "alpha_t_full": 0.7633861517833801, "r2_5y": 0.6810836392518516, "r2_full": 0.6504972614852221, "corr_portfolio": -0.05620344151323078, "corr_benchmark": 0.5929100656524257, "alpha_pos_frac": 0.47619047619047616, "fund_max_dd": -0.14529576855936022, "first": "2017-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "prafx": {"sym": "prafx", "name": "T. Rowe Price Real Assets Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.028370447974804213, "alpha_t_5y": -1.1593583917602257, "alpha_t_full": -1.5875430016323073, "r2_5y": 0.890006581638537, "r2_full": 0.8815352795689141, "corr_portfolio": 0.3616104070333625, "corr_benchmark": 0.5200870121157017, "alpha_pos_frac": 0.47058823529411764, "fund_max_dd": -0.3804713911897474, "first": "2010-07-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prasx": {"sym": "prasx", "name": "T. Rowe Price New Asia Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03676582860298671, "alpha_t_5y": -1.162621641080458, "alpha_t_full": 3.0796570548117366, "r2_5y": 0.8617553574182966, "r2_full": -6.661338147750939e-16, "corr_portfolio": 0.2270964862712669, "corr_benchmark": 0.42628099815029613, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.7052965632119634, "first": "1990-10-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prblx": {"sym": "prblx", "name": "Parnassus Core Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012650593581459505, "alpha_t_5y": -0.765083373213355, "alpha_t_full": 4.492611135518076, "r2_5y": 0.9409817367395459, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.2529541274621002, "corr_benchmark": 0.6219976429749845, "alpha_pos_frac": 0.4425531914893617, "fund_max_dd": -0.4220243990379131, "first": "1992-09-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prcix": {"sym": "prcix", "name": "T. Rowe Price New Income Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0007107788562143668, "alpha_t_5y": -0.13723433201003477, "alpha_t_full": 6.365050834911989, "r2_5y": 0.9540044117902331, "r2_full": -6.661338147750939e-16, "corr_portfolio": -0.07390681462461982, "corr_benchmark": 0.6730349742448988, "alpha_pos_frac": 0.5838150289017341, "fund_max_dd": -0.1914343226386086, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prcox": {"sym": "prcox", "name": "T. Rowe Price U.S. Equity Research Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0022392286081116615, "alpha_t_5y": 0.2514160392085182, "alpha_t_full": 0.7548211809712864, "r2_5y": 0.9845663679664178, "r2_full": 0.9811963553015384, "corr_portfolio": 0.2793212368117234, "corr_benchmark": 0.6156565329333397, "alpha_pos_frac": 0.42718446601941745, "fund_max_dd": -0.5396349449411743, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prcpx": {"sym": "prcpx", "name": "T. Rowe Price Credit Opportunities Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01454886653880402, "alpha_t_5y": 1.966352022579707, "alpha_t_full": 0.7690031419380468, "r2_5y": 0.853237838102522, "r2_full": 0.7341770502492548, "corr_portfolio": 0.29507505709464416, "corr_benchmark": 0.34975035520803566, "alpha_pos_frac": 0.704225352112676, "fund_max_dd": -0.23069708071542339, "first": "2014-05-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prdgx": {"sym": "prdgx", "name": "T. Rowe Price Dividend Growth Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0007802843212795324, "alpha_t_5y": -0.05559737972462914, "alpha_t_full": 1.9328575109128734, "r2_5y": 0.9417773708804356, "r2_full": 0.951806638081249, "corr_portfolio": 0.33565727897385983, "corr_benchmark": 0.5920883360618564, "alpha_pos_frac": 0.521551724137931, "fund_max_dd": -0.4979905429846535, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prdmx": {"sym": "prdmx", "name": "T. Rowe Price Diversified Mid-Cap Growth Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.052543920039495165, "alpha_t_5y": -1.6126165694919894, "alpha_t_full": -0.8832180136752312, "r2_5y": 0.8760041405572795, "r2_full": 0.9227915836352913, "corr_portfolio": 0.1684411951880748, "corr_benchmark": 0.6117438083271549, "alpha_pos_frac": 0.5408560311284046, "fund_max_dd": -0.5757291400081517, "first": "2004-01-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prdsx": {"sym": "prdsx", "name": "T. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.019300840960520402, "alpha_t_5y": -0.9195925460289647, "alpha_t_full": -0.14367301092895488, "r2_5y": 0.9461558534652775, "r2_full": 0.9340540021663557, "corr_portfolio": 0.22615277703065123, "corr_benchmark": 0.5869032907231128, "alpha_pos_frac": 0.5381165919282511, "fund_max_dd": -0.5894759809358068, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prefx": {"sym": "prefx", "name": "T. Rowe Price Tax-Efficient Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03672957597824043, "alpha_t_5y": -2.0873421539216492, "alpha_t_full": -0.09645456015390926, "r2_5y": 0.9621225504535822, "r2_full": 0.9414534206891431, "corr_portfolio": 0.1609796336184138, "corr_benchmark": 0.6229780554004963, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.5670103213099924, "first": "2001-01-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "preix": {"sym": "preix", "name": "T. Rowe Price Equity Index 500 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.001152431738326835, "alpha_t_5y": 0.15271533683191882, "alpha_t_full": -0.3102243378754565, "r2_5y": 0.9884564723114179, "r2_full": 0.984415375166557, "corr_portfolio": 0.28552423571778457, "corr_benchmark": 0.6163541166252502, "alpha_pos_frac": 0.5307443365695793, "fund_max_dd": -0.5532910116612155, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "premx": {"sym": "premx", "name": "T. Rowe Price Emerging Markets Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.056375460202302, "alpha_t_5y": -2.5658470612262696, "alpha_t_full": 4.766941457136117, "r2_5y": 0.5762639472143979, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.2151914326331403, "corr_benchmark": 0.38165826465490116, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.43220405372884274, "first": "1995-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "presx": {"sym": "presx", "name": "T. Rowe Price European Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.029196846513351225, "alpha_t_5y": -1.3568772995283505, "alpha_t_full": 2.8645035578837703, "r2_5y": 0.9158384369735281, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.3143544878092174, "corr_benchmark": 0.5244409722437705, "alpha_pos_frac": 0.5022421524663677, "fund_max_dd": -0.598619723420077, "first": "1990-03-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prfdx": {"sym": "prfdx", "name": "T. Rowe Price Equity Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.015144714056529306, "alpha_t_5y": 0.8493285891163505, "alpha_t_full": 3.9344757446636915, "r2_5y": 0.9162651084834567, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.41059227467005194, "corr_benchmark": 0.5068245207131868, "alpha_pos_frac": 0.4618834080717489, "fund_max_dd": -0.5814048748826355, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prfhx": {"sym": "prfhx", "name": "T. Rowe Price Tax-Free High Yield Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013999806050202592, "alpha_t_5y": 0.9252909898532471, "alpha_t_full": 8.042945877917154, "r2_5y": 0.41075393039604735, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.061850043959495386, "corr_benchmark": 0.3499297396557526, "alpha_pos_frac": 0.6011560693641619, "fund_max_dd": -0.24761367532506873, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "prfrx": {"sym": "prfrx", "name": "T. Rowe Price Floating Rate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.040500742151048756, "alpha_t_5y": 4.941659064754437, "alpha_t_full": 3.592806670581966, "r2_5y": 0.46465886753841934, "r2_full": 0.49264769913091044, "corr_portfolio": 0.2690895919530133, "corr_benchmark": 0.16759630181760646, "alpha_pos_frac": 0.4685714285714286, "fund_max_dd": -0.2004492320156408, "first": "2011-08-02", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "prfsx": {"sym": "prfsx", "name": "T. Rowe Price Tax-Free Short-Intermediate Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00997569672816443, "alpha_t_5y": 1.4082729119149122, "alpha_t_full": 10.089233171999387, "r2_5y": 0.2997009635773026, "r2_full": 4.551914400963142e-15, "corr_portfolio": 0.02885677905964834, "corr_benchmark": 0.3022315338394705, "alpha_pos_frac": 0.4734982332155477, "fund_max_dd": -0.06622702235182476, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "prfz": {"sym": "prfz", "name": "Invesco RAFI US 1500 Small-Mid ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.026785246260197654, "alpha_t_5y": 1.7501722701733153, "alpha_t_full": 1.2418381455076604, "r2_5y": 0.9713117722028056, "r2_full": 0.9584793416331252, "corr_portfolio": 0.2959095779192841, "corr_benchmark": 0.5285197425638496, "alpha_pos_frac": 0.39914163090128757, "fund_max_dd": -0.6241380163404521, "first": "2006-09-21", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prgfx": {"sym": "prgfx", "name": "T. Rowe Price Growth Stock Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06644729552718905, "alpha_t_5y": -2.8134703041451337, "alpha_t_full": 3.671781931003564, "r2_5y": 0.9386873388017147, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.13003335259566215, "corr_benchmark": 0.607589773306901, "alpha_pos_frac": 0.5919282511210763, "fund_max_dd": -0.540133607461905, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prgmx": {"sym": "prgmx", "name": "T. Rowe Price GNMA Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006808206189273871, "alpha_t_5y": -0.9840285049952521, "alpha_t_full": 6.306284734026009, "r2_5y": 0.927911455732233, "r2_full": 2.1094237467877974e-15, "corr_portfolio": -0.0706605559505961, "corr_benchmark": 0.6280981231943326, "alpha_pos_frac": 0.45664739884393063, "fund_max_dd": -0.17794116364332313, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prgsx": {"sym": "prgsx", "name": "T. Rowe Price Global Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03339126163938253, "alpha_t_5y": -1.5198415816388946, "alpha_t_full": 0.47645853235373414, "r2_5y": 0.9319587251974788, "r2_full": 0.8500954616190598, "corr_portfolio": 0.22843565147246797, "corr_benchmark": 0.5943008202800062, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.6405935323784374, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prgtx": {"sym": "prgtx", "name": "T. Rowe Price Global Technology Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03381740444222203, "alpha_t_5y": -0.6585885458491253, "alpha_t_full": 0.6926977955541698, "r2_5y": 0.8580974232114932, "r2_full": 0.8396841623686278, "corr_portfolio": 0.025204360570885428, "corr_benchmark": 0.557364417280563, "alpha_pos_frac": 0.549800796812749, "fund_max_dd": -0.7500000923581741, "first": "2000-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prhsx": {"sym": "prhsx", "name": "T. Rowe Price Health Sciences Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004043210447405969, "alpha_t_5y": -0.08281148720398579, "alpha_t_full": 3.993490071553214, "r2_5y": 0.5629543196815602, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.16322865740056094, "corr_benchmark": 0.5108171837399165, "alpha_pos_frac": 0.5191489361702127, "fund_max_dd": -0.42956042298912245, "first": "1996-01-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "prhyx": {"sym": "prhyx", "name": "T. Rowe Price High Yield Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.018431331004805325, "alpha_t_5y": -1.7196655431233385, "alpha_t_full": 8.778663446185258, "r2_5y": 0.8361077352816044, "r2_full": 1.1102230246251565e-15, "corr_portfolio": 0.3039921344562706, "corr_benchmark": 0.4106169009086231, "alpha_pos_frac": 0.4624277456647399, "fund_max_dd": -0.3081286486380057, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "pridx": {"sym": "pridx", "name": "T. Rowe Price International Discovery Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.056056963501482475, "alpha_t_5y": -2.3041902027684213, "alpha_t_full": 3.9463439005226832, "r2_5y": 0.8808745776344086, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.2886968205250515, "corr_benchmark": 0.5585139298374133, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.6493353201241514, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prigx": {"sym": "prigx", "name": "T. Rowe Price Global Value Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02291735951525677, "alpha_t_5y": 1.4593446267140102, "alpha_t_full": 1.8534993818439036, "r2_5y": 0.9357062539911187, "r2_full": 0.9517208468386225, "corr_portfolio": 0.4001366014303038, "corr_benchmark": 0.5593039064285317, "alpha_pos_frac": 0.4601226993865031, "fund_max_dd": -0.36762480335847036, "first": "2012-07-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prihx": {"sym": "prihx", "name": "T. Rowe Price Intermediate Tax-Free High Yield Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003094518251398983, "alpha_t_5y": -0.27249664997420786, "alpha_t_full": 3.262119050046315, "r2_5y": 0.41316898566446647, "r2_full": 0.3954116237334713, "corr_portfolio": 0.05114643882505112, "corr_benchmark": 0.3309124222672294, "alpha_pos_frac": 0.5467625899280576, "fund_max_dd": -0.12415744889699931, "first": "2014-07-29", "verdict": "weak/unstable alpha", "alpha_name": false}, "prijx": {"sym": "prijx", "name": "T. Rowe Price Emerging Markets Discovery Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018328439719325833, "alpha_t_5y": 0.6440874397375941, "alpha_t_full": 0.4991306223284297, "r2_5y": 0.8514915015829952, "r2_full": 0.8557599658458541, "corr_portfolio": 0.3115481043672766, "corr_benchmark": 0.4624454533771541, "alpha_pos_frac": 0.56, "fund_max_dd": -0.416667744005374, "first": "2015-09-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prinx": {"sym": "prinx", "name": "T. Rowe Price Summit Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0064091756321478744, "alpha_t_5y": 0.4669921937771193, "alpha_t_full": 6.578242840055412, "r2_5y": 0.4064625331035604, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.03896594900073883, "corr_benchmark": 0.35209533399342435, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.15702059853289585, "first": "1993-11-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "pripx": {"sym": "pripx", "name": "T. Rowe Price Inflation Protected Bond Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.000988557408989985, "alpha_t_5y": -0.06396117503791127, "alpha_t_full": 0.3981645522697866, "r2_5y": 0.6555544661832564, "r2_full": 0.6465252218891002, "corr_portfolio": -0.06251941913314667, "corr_benchmark": 0.5722967287360559, "alpha_pos_frac": 0.5431034482758621, "fund_max_dd": -0.1625834136777914, "first": "2002-11-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "prisx": {"sym": "prisx", "name": "T. Rowe Price Financial Services Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04950540527251342, "alpha_t_5y": 1.3370959313865873, "alpha_t_full": 0.6848335960985407, "r2_5y": 0.8109556342816165, "r2_full": 0.8090919447419718, "corr_portfolio": 0.41080611841916165, "corr_benchmark": 0.40907622947010697, "alpha_pos_frac": 0.4980392156862745, "fund_max_dd": -0.6734298933227485, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "pritx": {"sym": "pritx", "name": "T. Rowe Price International Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.034452471102131045, "alpha_t_5y": -1.6371506790867947, "alpha_t_full": 2.588883057434916, "r2_5y": 0.9072534580611586, "r2_full": 0.0, "corr_portfolio": 0.3020770186310091, "corr_benchmark": 0.5574954597843025, "alpha_pos_frac": 0.5515695067264574, "fund_max_dd": -0.6137944333392843, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prjax": {"sym": "prjax", "name": "PGIM Jennison Global Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.10379651819544831, "alpha_t_5y": -2.808418507390307, "alpha_t_full": -1.5191441649291237, "r2_5y": 0.8767468801771156, "r2_full": 0.8615543667477721, "corr_portfolio": 0.10844358415893751, "corr_benchmark": 0.5807989990720986, "alpha_pos_frac": 0.5329341317365269, "fund_max_dd": -0.4829429733194731, "first": "2012-03-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prjpx": {"sym": "prjpx", "name": "T. Rowe Price Japan Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05504712833344171, "alpha_t_5y": -1.2114201817483619, "alpha_t_full": 1.6580746434110933, "r2_5y": 0.6829176726393213, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.2589504178041694, "corr_benchmark": 0.5036844171665527, "alpha_pos_frac": 0.5426008968609866, "fund_max_dd": -0.6825796088518659, "first": "1991-12-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "prkax": {"sym": "prkax", "name": "PGIM Real Estate Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017722987782298874, "alpha_t_5y": 0.8213535881343723, "alpha_t_full": -0.03983828221235891, "r2_5y": 0.8702052232779999, "r2_full": 0.8532906454471174, "corr_portfolio": 0.28782008348335264, "corr_benchmark": 0.5770476055265025, "alpha_pos_frac": 0.5426356589147286, "fund_max_dd": -0.4696394258424941, "first": "2015-06-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prlax": {"sym": "prlax", "name": "T. 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Rowe Price Maryland Short-Term Tax-Free Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011940587557662207, "alpha_t_5y": 2.0996599140924417, "alpha_t_full": 8.455179039689671, "r2_5y": 0.23972182321611524, "r2_full": -9.769962616701378e-15, "corr_portfolio": 0.06381874322112839, "corr_benchmark": 0.20100782302514555, "alpha_pos_frac": 0.47398843930635837, "fund_max_dd": -0.04174511905757483, "first": "1993-02-01", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "prmsx": {"sym": "prmsx", "name": "T. Rowe Price Emerging Markets Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04274582194574465, "alpha_t_5y": -1.5207619964848047, "alpha_t_full": 2.5163137803046816, "r2_5y": 0.8771908308777385, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.26268027427304835, "corr_benchmark": 0.45007254950763487, "alpha_pos_frac": 0.5022421524663677, "fund_max_dd": -0.711286566746999, "first": "1995-04-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prmtx": {"sym": "prmtx", "name": "T. Rowe Price Communications & Technology Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08957587855437572, "alpha_t_5y": -2.812216225248002, "alpha_t_full": 3.771592408219686, "r2_5y": 0.8750382094680028, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.09362266575662449, "corr_benchmark": 0.602266922646351, "alpha_pos_frac": 0.5603112840466926, "fund_max_dd": -0.6611533420175144, "first": "1993-10-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prnex": {"sym": "prnex", "name": "T. Rowe Price New Era Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.024655475451157875, "alpha_t_5y": -0.7091624838473614, "alpha_t_full": 2.8486771552688683, "r2_5y": 0.8012180485928782, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.39461346009344894, "corr_benchmark": 0.41842753924468734, "alpha_pos_frac": 0.42152466367713004, "fund_max_dd": -0.6655944095425406, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "prnhx": {"sym": "prnhx", "name": "T. Rowe Price New Horizons Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08783712268194573, "alpha_t_5y": -2.1588297415137956, "alpha_t_full": 3.8615335902050223, "r2_5y": 0.8430784857540183, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.07001504200858648, "corr_benchmark": 0.5998385295343488, "alpha_pos_frac": 0.5260115606936416, "fund_max_dd": -0.5579003262041085, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "prnyx": {"sym": "prnyx", "name": "T. 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not alpha-driven", "alpha_name": false}, "qgrpx": {"sym": "qgrpx", "name": "UBS US Quality Growth At Reasonable Price Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03296939462780508, "alpha_t_5y": -1.842223579761648, "alpha_t_full": -1.917187207914575, "r2_5y": 0.9514304946792129, "r2_full": 0.9515385138550377, "corr_portfolio": 0.006582596539856888, "corr_benchmark": 0.6599041203060875, "alpha_pos_frac": 0.5294117647058824, "fund_max_dd": -0.3028413267873665, "first": "2020-07-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "qlenx": {"sym": "qlenx", "name": "AQR Long-Short Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.16307235557336403, "alpha_t_5y": 4.333243493367011, "alpha_t_full": 3.890576190299045, "r2_5y": 0.25948410199218974, "r2_full": 0.44697589041768093, "corr_portfolio": 0.7066792887973038, "corr_benchmark": 0.2659786491507395, "alpha_pos_frac": 0.5761589403973509, "fund_max_dd": -0.39590585442596415, "first": "2013-07-17", "verdict": "alpha, but correlated with current portfolio", "alpha_name": true}, "qlmlfx": {"sym": "qlmlfx", "name": "Franklin Multi-Asset Variable Conservative Growth", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07893491478029137, "alpha_t_5y": -3.0476916517805264, "alpha_t_full": -3.1658098823296283, "r2_5y": 0.7318904574058431, "r2_full": 0.7982557764267725, "corr_portfolio": 0.2545525127077821, "corr_benchmark": 0.6876095779309312, "alpha_pos_frac": 0.5616438356164384, "fund_max_dd": -0.3008596389192182, "first": "2020-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "qlmlsx": {"sym": "qlmlsx", "name": "Franklin Multi-Asset Variable Moderate Growth", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.10186283022015444, "alpha_t_5y": -3.1722719668471915, "alpha_t_full": -3.084799556163183, "r2_5y": 0.7455115435345729, "r2_full": 0.8155178045334754, "corr_portfolio": 0.27919907115483544, "corr_benchmark": 0.6294974462433921, "alpha_pos_frac": 0.5616438356164384, "fund_max_dd": -0.33847980997624694, "first": "2020-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "qlmltx": {"sym": "qlmltx", "name": "Franklin Multi-Asset Variable Growth", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.11679429269173985, "alpha_t_5y": -3.053868262362495, "alpha_t_full": -3.101219985646366, "r2_5y": 0.7370977944504765, "r2_full": 0.8129442918110088, "corr_portfolio": 0.28945980833369467, "corr_benchmark": 0.5956692896942339, "alpha_pos_frac": 0.5753424657534246, "fund_max_dd": -0.3752131893121088, "first": "2020-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "qmnix": {"sym": "qmnix", "name": "AQR Equity Market Neutral Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.15811438267491967, "alpha_t_5y": 4.603367997108109, "alpha_t_full": 3.6662325141829846, "r2_5y": 0.26831193910045903, "r2_full": 0.0761350421023228, "corr_portfolio": 0.606529943249583, "corr_benchmark": -0.13917695906733554, "alpha_pos_frac": 0.5401459854014599, "fund_max_dd": -0.3879617644035105, "first": "2014-10-10", "verdict": "alpha, but correlated with current portfolio", "alpha_name": true}, "qqqm": {"sym": "qqqm", "name": "Invesco NASDAQ 100 ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0016304847360174087, "alpha_t_5y": 0.5395683993368726, "alpha_t_full": 0.4532941303292237, "r2_5y": 0.9989798290319792, "r2_full": 0.9984644875153267, "corr_portfolio": -0.05597997583315415, "corr_benchmark": 0.6536140284218636, "alpha_pos_frac": 0.6307692307692307, "fund_max_dd": -0.3504380987399789, "first": "2020-10-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "qspmx": {"sym": "qspmx", "name": "Quantified Pattern Recognition Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017086073022137306, "alpha_t_5y": 0.3002297301991839, "alpha_t_full": 0.22678498198208302, "r2_5y": 0.4226581911878208, "r2_full": 0.43365798883814266, "corr_portfolio": 0.11069339661718501, "corr_benchmark": 0.41865364154184664, "alpha_pos_frac": 0.47435897435897434, "fund_max_dd": -0.2836016233997094, "first": "2019-08-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "qstax": {"sym": "qstax", "name": "Quantified STF Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04509703853690174, "alpha_t_5y": 0.4755427168998746, "alpha_t_full": 0.3235769855103673, "r2_5y": 0.354537681760248, "r2_full": 0.446120688290777, "corr_portfolio": 0.05137473027453916, "corr_benchmark": 0.3708777344264506, "alpha_pos_frac": 0.5447154471544715, "fund_max_dd": -0.49376981822111365, "first": "2015-11-16", "verdict": "weak/unstable alpha", "alpha_name": false}, "quasx": {"sym": "quasx", "name": "AB Small Cap Growth Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07450119243685056, "alpha_t_5y": -2.213013857656312, "alpha_t_full": 2.5003927755095128, "r2_5y": 0.9106128061003224, "r2_full": 0.0, "corr_portfolio": 0.14416944487191602, "corr_benchmark": 0.5603800389301393, "alpha_pos_frac": 0.47896440129449835, "fund_max_dd": -0.6097122361208666, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "qusox": {"sym": "qusox", "name": "Pear Tree Polaris Foreign Value Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01525868457890274, "alpha_t_5y": 0.3810550067223092, "alpha_t_full": 0.8346214790449425, "r2_5y": 0.5455736200136281, "r2_full": 0.5482095882794886, "corr_portfolio": 0.44386193314850486, "corr_benchmark": 0.296646688474429, "alpha_pos_frac": 0.48130841121495327, "fund_max_dd": -0.5798724249672338, "first": "2008-05-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "qwld": {"sym": "qwld", "name": "State Street(R) SPDR(R) MSCI World StrategicFactors(SM) ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007302856002370346, "alpha_t_5y": 0.636634018048203, "alpha_t_full": 0.46909867279669015, "r2_5y": 0.958364353997895, "r2_full": 0.7075316908537062, "corr_portfolio": 0.2973682109571012, "corr_benchmark": 0.5344077900314895, "alpha_pos_frac": 0.48936170212765956, "fund_max_dd": -0.3189073975828345, "first": "2014-06-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "qwvox": {"sym": "qwvox", "name": "Clearwater Select Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.051055371182532644, "alpha_t_5y": -1.3916354231700783, "alpha_t_full": -2.6398389197892453, "r2_5y": 0.8437729848303014, "r2_full": 0.7683353168014644, "corr_portfolio": 0.2713559983225675, "corr_benchmark": 0.4905302675665461, "alpha_pos_frac": 0.6574585635359116, "fund_max_dd": -0.5651990023201119, "first": "2011-01-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "raax": {"sym": "raax", "name": "VanEck Real Assets ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006055958152158769, "alpha_t_5y": -0.21515978838141853, "alpha_t_full": -0.6994525447187424, "r2_5y": 0.8190142124607508, "r2_full": 0.7520622816968522, "corr_portfolio": 0.31781265331078756, "corr_benchmark": 0.4343231968213434, "alpha_pos_frac": 0.6105263157894737, "fund_max_dd": -0.3390697706139564, "first": "2018-04-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "raghx": {"sym": "raghx", "name": "Virtus KAR Health Sciences Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04256301702258181, "alpha_t_5y": -0.952382426012316, "alpha_t_full": 0.019849184334518485, "r2_5y": 0.5950154231946856, "r2_full": 0.6732198147680257, "corr_portfolio": 0.22831230875522945, "corr_benchmark": 0.5193052145673235, "alpha_pos_frac": 0.5361702127659574, "fund_max_dd": -0.40227603674772683, "first": "2002-02-06", "verdict": "weak/unstable alpha", "alpha_name": false}, "ragtx": {"sym": "ragtx", "name": "Virtus Zevenbergen Technology Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.018148810804930277, "alpha_t_5y": -0.5597046189953375, "alpha_t_full": 0.14507575975238202, "r2_5y": 0.9286232465396088, "r2_full": 0.8695296105879333, "corr_portfolio": 0.07846992304041289, "corr_benchmark": 0.5759993417928082, "alpha_pos_frac": 0.5486381322957199, "fund_max_dd": -0.5955175034749385, "first": "2002-02-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ralax": {"sym": "ralax", "name": "Aggressive Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006965351025079943, "alpha_t_5y": -0.7264226794693941, "alpha_t_full": -0.8901085550339062, "r2_5y": 0.9699907612697082, "r2_full": 0.8143202741112344, "corr_portfolio": 0.3022366416652295, "corr_benchmark": 0.5513627234547034, "alpha_pos_frac": 0.5605381165919282, "fund_max_dd": -0.5205758201058003, "first": "2003-03-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rapax": {"sym": "rapax", "name": "Cohen & Steers Real Assets Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0014059460212515749, "alpha_t_5y": 0.10085747821065565, "alpha_t_full": -1.794531560241649, "r2_5y": 0.9115982834364076, "r2_full": 0.921972301832787, "corr_portfolio": 0.38056818356690264, "corr_benchmark": 0.4963737367784319, "alpha_pos_frac": 0.5443786982248521, "fund_max_dd": -0.3145089247680882, "first": "2012-02-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ravi": {"sym": "ravi", "name": "FlexShares Ultra-Short Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014783906529738478, "alpha_t_5y": 2.1578996409664244, "alpha_t_full": 4.71364275198703, "r2_5y": 0.07961879522165005, "r2_full": 0.0922522101569464, "corr_portfolio": 0.05942262171747824, "corr_benchmark": 0.18047488494850816, "alpha_pos_frac": 0.40625, "fund_max_dd": -0.0372180683259794, "first": "2012-10-12", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "rbbax": {"sym": "rbbax", "name": "Columbia Income Builder Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009886340868644355, "alpha_t_5y": 1.6969051744620036, "alpha_t_full": 2.031155043123416, "r2_5y": 0.9492321393518978, "r2_full": 0.8737219168236271, "corr_portfolio": 0.2819816606519108, "corr_benchmark": 0.770525388287296, "alpha_pos_frac": 0.5282051282051282, "fund_max_dd": -0.23220798767684725, "first": "2006-02-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rbcgx": {"sym": "rbcgx", "name": "REYNOLDS BLUE CHIP GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02579270044346518, "alpha_t_5y": -0.8751427444204318, "alpha_t_full": 3.192642936732295, "r2_5y": 0.8618994933447838, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.16011640513963807, "corr_benchmark": 0.575970868361616, "alpha_pos_frac": 0.4663677130044843, "fund_max_dd": -0.7712266630600033, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rblax": {"sym": "rblax", "name": "Balanced Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008049387293525464, "alpha_t_5y": -0.9657103447413325, "alpha_t_full": -1.6310316178590178, "r2_5y": 0.9639717048297762, "r2_full": 0.9029077473494188, "corr_portfolio": 0.3391361870208502, "corr_benchmark": 0.6676901657950982, "alpha_pos_frac": 0.5515695067264574, "fund_max_dd": -0.4366025564307384, "first": "2003-03-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rcbax": {"sym": "rcbax", "name": "AMERICAN FUNDS CORPORATE BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009524016985086073, "alpha_t_5y": -1.9688613300010493, "alpha_t_full": -1.0996640448919186, "r2_5y": 0.9691725049096271, "r2_full": 0.9444035028006014, "corr_portfolio": -0.040754077751630334, "corr_benchmark": 0.7459269852496433, "alpha_pos_frac": 0.40869565217391307, "fund_max_dd": -0.23654725874312477, "first": "2016-08-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rcjtx": {"sym": "rcjtx", "name": "American Funds 2015 Target Date Retirement Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003823359679261124, "alpha_t_5y": 0.6319305373807538, "alpha_t_full": 0.6808713673882628, "r2_5y": 0.9559001923776146, "r2_full": 0.9426626513864749, "corr_portfolio": 0.330624809689852, "corr_benchmark": 0.743929662519092, "alpha_pos_frac": 0.5230769230769231, "fund_max_dd": -0.426893837619131, "first": "2007-02-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rclax": {"sym": "rclax", "name": "Conservative Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00424560344935127, "alpha_t_5y": -0.6953432709496168, "alpha_t_full": -2.532855272752586, "r2_5y": 0.9391278742427428, "r2_full": 0.8421603635681731, "corr_portfolio": 0.23369545812904702, "corr_benchmark": 0.8148543934998574, "alpha_pos_frac": 0.5381165919282511, "fund_max_dd": -0.22367659916368066, "first": "2003-03-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rcmcx": {"sym": "rcmcx", "name": "Royce Capital Fund - Micro-Cap Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0453829700961284, "alpha_t_5y": 1.5804919733725784, "alpha_t_full": 1.5959591254329262, "r2_5y": 0.9169230620098997, "r2_full": 0.8548944282272368, "corr_portfolio": 0.2482786009897491, "corr_benchmark": 0.5127775215455846, "alpha_pos_frac": 0.4798206278026906, "fund_max_dd": -0.5867440295753957, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rctix": {"sym": "rctix", "name": "River Canyon Total Return Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.044764336987351175, "alpha_t_5y": 5.633674810785656, "alpha_t_full": 4.60564281131002, "r2_5y": 0.40680239756139003, "r2_full": 0.18057319107552217, "corr_portfolio": 0.09628859734864363, "corr_benchmark": 0.2314747842384135, "alpha_pos_frac": 0.5074626865671642, "fund_max_dd": -0.10891145943481484, "first": "2015-01-08", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "rdccx": {"sym": "rdccx", "name": "Columbia Disciplined Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02858109233157634, "alpha_t_5y": 1.5927788113836125, "alpha_t_full": 0.14888708574757, "r2_5y": 0.920436700076577, "r2_full": 0.9535267357174171, "corr_portfolio": 0.40051764726032113, "corr_benchmark": 0.5471027461682731, "alpha_pos_frac": 0.5260663507109005, "fund_max_dd": -0.5539920293534388, "first": "2008-07-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rdiv": {"sym": "rdiv", "name": "Invesco S&P Ultra Dividend Revenue ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.05874965544930831, "alpha_t_5y": 1.638555758559509, "alpha_t_full": 1.9666703870553315, "r2_5y": 0.7724434726070879, "r2_full": 0.7964580322670116, "corr_portfolio": 0.3939137087076264, "corr_benchmark": 0.44934704295871364, "alpha_pos_frac": 0.48322147651006714, "fund_max_dd": -0.49973901487914574, "first": "2013-10-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "rdlax": {"sym": "rdlax", "name": "Columbia Disciplined Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02685458847666308, "alpha_t_5y": -1.7143142739261468, "alpha_t_full": -2.3443324861841486, "r2_5y": 0.9694887900292062, "r2_full": 0.9646117277617873, "corr_portfolio": 0.19326467403078917, "corr_benchmark": 0.6211156525355901, "alpha_pos_frac": 0.547085201793722, "fund_max_dd": -0.5431841948997745, "first": "2007-05-18", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rdwbx": {"sym": "rdwbx", "name": "AMERICAN FUNDS DEVELOPING WORLD GROWTH & INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01577599389335302, "alpha_t_5y": -0.48372674888925027, "alpha_t_full": -1.4508444953371675, "r2_5y": 0.7856610665392331, "r2_full": 0.8264528789887298, "corr_portfolio": 0.2904207955476652, "corr_benchmark": 0.4620312059782935, "alpha_pos_frac": 0.5069444444444444, "fund_max_dd": -0.3945155911853395, "first": "2014-03-10", "verdict": "weak/unstable alpha", "alpha_name": false}, "reaax": {"sym": "reaax", "name": "Equity Aggressive Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009610629630194486, "alpha_t_5y": -0.911927345239089, "alpha_t_full": -0.8244073343966148, "r2_5y": 0.9703256704234481, "r2_full": 0.8283243494007869, "corr_portfolio": 0.3121804216018028, "corr_benchmark": 0.5365689785431843, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.5952630559272116, "first": "2003-03-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rebax": {"sym": "rebax", "name": "Columbia Emerging Markets Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0038467806017592333, "alpha_t_5y": -0.24392893109766392, "alpha_t_full": 0.21806183452377884, "r2_5y": 0.620291210398388, "r2_full": 0.5036054948683183, "corr_portfolio": 0.22768778982893756, "corr_benchmark": 0.5392750031689936, "alpha_pos_frac": 0.5838150289017341, "fund_max_dd": -0.3443010279970157, "first": "2006-02-15", "verdict": "weak/unstable alpha", "alpha_name": false}, "rebyx": {"sym": "rebyx", "name": "U.S. Small Cap Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016226644609574733, "alpha_t_5y": 0.9235971133421599, "alpha_t_full": -1.9134992553725603, "r2_5y": 0.9613337708802903, "r2_full": 0.8547203202611856, "corr_portfolio": 0.2850392009124828, "corr_benchmark": 0.5291834320614589, "alpha_pos_frac": 0.7450980392156863, "fund_max_dd": -0.7615521588880102, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "recs": {"sym": "recs", "name": "Columbia Research Enhanced Core ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017945612150313633, "alpha_t_5y": 1.0764599322764894, "alpha_t_full": 0.6149000287159534, "r2_5y": 0.9397033057296666, "r2_full": 0.8520937271443234, "corr_portfolio": 0.2545670731647488, "corr_benchmark": 0.6044217636669303, "alpha_pos_frac": 0.4805194805194805, "fund_max_dd": -0.34289666003770125, "first": "2019-09-26", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "redwx": {"sym": "redwx", "name": "GreenFi Redwood Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02656110325631339, "alpha_t_5y": -1.3304577755135993, "alpha_t_full": -0.6271657178168581, "r2_5y": 0.9298975466364304, "r2_full": 0.9174306316100826, "corr_portfolio": 0.2434499340781259, "corr_benchmark": 0.605252541289675, "alpha_pos_frac": 0.5609756097560976, "fund_max_dd": -0.4108874278245135, "first": "2015-11-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "remsx": {"sym": "remsx", "name": "Emerging Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006798181147766376, "alpha_t_5y": -0.203151473092633, "alpha_t_full": 2.447095471802592, "r2_5y": 0.79327379357862, "r2_full": 0.0, "corr_portfolio": 0.3216163479976866, "corr_benchmark": 0.43914429679885514, "alpha_pos_frac": 0.5, "fund_max_dd": -0.6680208421110567, "first": "1993-02-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "remx": {"sym": "remx", "name": "VanEck Rare Earth and Strategic Metals ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.2408622111269718, "alpha_t_5y": 1.6065574528581363, "alpha_t_full": -1.7768963439991712, "r2_5y": 0.5028001631304666, "r2_full": 0.5173389550335683, "corr_portfolio": 0.18584936522214107, "corr_benchmark": 0.3409931622357713, "alpha_pos_frac": 0.4076086956521739, "fund_max_dd": -0.9020686740549454, "first": "2010-10-29", "verdict": "weak/unstable alpha", "alpha_name": false}, "retsx": {"sym": "retsx", "name": "Tax-Managed U.S. Large Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.017368687610258695, "alpha_t_5y": -1.713171620503713, "alpha_t_full": -1.6522372666491603, "r2_5y": 0.9786962113952677, "r2_full": 0.9709347688920095, "corr_portfolio": 0.2829792955352158, "corr_benchmark": 0.6081894368803957, "alpha_pos_frac": 0.4919093851132686, "fund_max_dd": -0.5735461228306303, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "reuyx": {"sym": "reuyx", "name": "Sustainable Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013993959415502832, "alpha_t_5y": -1.0398235007776877, "alpha_t_full": -2.0764364054166933, "r2_5y": 0.958400655567005, "r2_full": 0.9442030822177356, "corr_portfolio": 0.3005329808930533, "corr_benchmark": 0.6212041247737974, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.6120220029113703, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "revs": {"sym": "revs", "name": "Columbia Research Enhanced Value ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.035340289795724844, "alpha_t_5y": 1.7201977587604507, "alpha_t_full": 1.058433980099497, "r2_5y": 0.8914295162612313, "r2_full": 0.8117964752859708, "corr_portfolio": 0.3823377405862101, "corr_benchmark": 0.5205121732427481, "alpha_pos_frac": 0.4025974025974026, "fund_max_dd": -0.37852710335878714, "first": "2019-09-26", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rfayx": {"sym": "rfayx", "name": "Investment Grade Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0026554781676071146, "alpha_t_5y": 0.6702934916056605, "alpha_t_full": 3.697186818903952, "r2_5y": 0.9730890692900457, "r2_full": 0.007367072794613461, "corr_portfolio": -0.10162455579807453, "corr_benchmark": 0.6709151223362981, "alpha_pos_frac": 0.5028901734104047, "fund_max_dd": -0.19353580606665932, "first": "2000-03-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rfbsx": {"sym": "rfbsx", "name": "Short Duration Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010350637199934037, "alpha_t_5y": -2.647376692506757, "alpha_t_full": 13.471786824700152, "r2_5y": 0.85815247229472, "r2_full": 1.1102230246251565e-15, "corr_portfolio": -0.004165975491361336, "corr_benchmark": 0.528861052727931, "alpha_pos_frac": 0.49230769230769234, "fund_max_dd": -0.15657235864601915, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rfcyx": {"sym": "rfcyx", "name": "Strategic Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00013412625554506518, "alpha_t_5y": -0.023114708549170627, "alpha_t_full": 0.05819766457875691, "r2_5y": 0.9435063025261847, "r2_full": 0.8080411729811553, "corr_portfolio": -0.069717658319351, "corr_benchmark": 0.7006782068351609, "alpha_pos_frac": 0.4564102564102564, "fund_max_dd": -0.19344217156737453, "first": "2005-06-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rfrax": {"sym": "rfrax", "name": "Columbia Floating Rate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020002477583427117, "alpha_t_5y": 2.108467104707222, "alpha_t_full": 3.1821973003998343, "r2_5y": 0.5224165714201254, "r2_full": 0.48912823658616766, "corr_portfolio": 0.3216202051593705, "corr_benchmark": 0.25119114641574236, "alpha_pos_frac": 0.5433526011560693, "fund_max_dd": -0.3202355692127631, "first": "2006-03-27", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "rgcyx": {"sym": "rgcyx", "name": "Opportunistic Credit Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01904870236935229, "alpha_t_5y": 2.718938910466566, "alpha_t_full": 1.8207901916227112, "r2_5y": 0.7539045725256566, "r2_full": 0.6753798990463038, "corr_portfolio": 0.25965817797288643, "corr_benchmark": 0.5353043458729024, "alpha_pos_frac": 0.6054054054054054, "fund_max_dd": -0.19472435399793253, "first": "2010-10-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "rgeax": {"sym": "rgeax", "name": "Global Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005824131212112497, "alpha_t_5y": -0.4843319608524486, "alpha_t_full": 0.2303630909626073, "r2_5y": 0.9661483165454653, "r2_full": 0.9432420830579061, "corr_portfolio": 0.35005470755765083, "corr_benchmark": 0.5912839923918596, "alpha_pos_frac": 0.5526315789473685, "fund_max_dd": -0.595071607888996, "first": "2007-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rgiax": {"sym": "rgiax", "name": "Global Infrastructure Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013139739142479026, "alpha_t_5y": 0.45773601885692694, "alpha_t_full": 0.19267100536411044, "r2_5y": 0.7301389881756639, "r2_full": 0.813883411296699, "corr_portfolio": 0.3617432528033279, "corr_benchmark": 0.5429934817090951, "alpha_pos_frac": 0.4864864864864865, "fund_max_dd": -0.3918671377462152, "first": "2010-10-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "rgsax": {"sym": "rgsax", "name": "Virtus KAR Global Small-Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04911620818292997, "alpha_t_5y": -1.5643369969501386, "alpha_t_full": -0.863728345938125, "r2_5y": 0.7943908192840033, "r2_full": 0.8809690279292518, "corr_portfolio": 0.3257729814894868, "corr_benchmark": 0.5502253015883982, "alpha_pos_frac": 0.5454545454545454, "fund_max_dd": -0.6837079365742649, "first": "2002-02-06", "verdict": "weak/unstable alpha", "alpha_name": false}, "rgwfx": {"sym": "rgwfx", "name": "American Funds Growth Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.021498111972212842, "alpha_t_5y": -1.5920290779000825, "alpha_t_full": -1.197106049335746, "r2_5y": 0.9691815812167689, "r2_full": 0.9664977118703615, "corr_portfolio": 0.23291306628594832, "corr_benchmark": 0.6276280896895802, "alpha_pos_frac": 0.5454545454545454, "fund_max_dd": -0.33931809534681534, "first": "2012-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rhltx": {"sym": "rhltx", "name": "American Funds 2065 Target Date Retirement Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011035477572585372, "alpha_t_5y": -1.1042353352206669, "alpha_t_full": -0.4297237357222764, "r2_5y": 0.9741649146862745, "r2_full": 0.9752875388068597, "corr_portfolio": 0.14850669816893586, "corr_benchmark": 0.6911490273610363, "alpha_pos_frac": 0.5492957746478874, "fund_max_dd": -0.27412059218294005, "first": "2020-03-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rimox": {"sym": "rimox", "name": "City National Rochdale Fixed Income Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018371467196312365, "alpha_t_5y": 2.4135583072767286, "alpha_t_full": 3.345911044139164, "r2_5y": 0.5087436702470514, "r2_full": 0.5515415369686495, "corr_portfolio": 0.32423120824442364, "corr_benchmark": 0.33945327811493287, "alpha_pos_frac": 0.595, "fund_max_dd": -0.23609988739649201, "first": "2009-07-02", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "rinyx": {"sym": "rinyx", "name": "International Developed Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004081456903669347, "alpha_t_5y": 0.23394303667103178, "alpha_t_full": 0.18435585421271833, "r2_5y": 0.9236050452695281, "r2_full": 0.8249160580578169, "corr_portfolio": 0.4305475111042152, "corr_benchmark": 0.503889691794077, "alpha_pos_frac": 0.5650224215246636, "fund_max_dd": -0.675106524997682, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rivjx": {"sym": "rivjx", "name": "American Funds International Vantage Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013809944845101223, "alpha_t_5y": -0.7156998921543987, "alpha_t_full": -0.31802991948370446, "r2_5y": 0.913442333204431, "r2_full": 0.9174107667842164, "corr_portfolio": 0.23871083542100527, "corr_benchmark": 0.6069684399145011, "alpha_pos_frac": 0.4868421052631579, "fund_max_dd": -0.3115533219142145, "first": "2019-11-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rlvsx": {"sym": "rlvsx", "name": "Tax-Exempt Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0097392832585041, "alpha_t_5y": 0.8905486968810639, "alpha_t_full": 9.634467730219088, "r2_5y": 0.25005818599885665, "r2_full": 5.551115123125783e-16, "corr_portfolio": 0.04867067174009816, "corr_benchmark": 0.28177417043542763, "alpha_pos_frac": 0.5258964143426295, "fund_max_dd": -0.11761075673739763, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "rmbhx": {"sym": "rmbhx", "name": "RMB Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03382612960728324, "alpha_t_5y": -1.8595742747159927, "alpha_t_full": 2.877460261484672, "r2_5y": 0.9347276542079144, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.20160167121440212, "corr_benchmark": 0.5028047787872559, "alpha_pos_frac": 0.5063829787234042, "fund_max_dd": -0.5288259342309172, "first": "1996-06-21", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rmdax": {"sym": "rmdax", "name": "Virtus Silvant Mid-Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05391177816837751, "alpha_t_5y": -1.4095325802884515, "alpha_t_full": -1.1904370297182334, "r2_5y": 0.8627072520565671, "r2_full": 0.8852011487756247, "corr_portfolio": 0.16138592176180297, "corr_benchmark": 0.59596854125466, "alpha_pos_frac": 0.5259515570934256, "fund_max_dd": -0.5587090875890496, "first": "2002-02-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rmeax": {"sym": "rmeax", "name": "Aspiriant Risk-Managed Equity Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013306251759588458, "alpha_t_5y": 0.6593146942192202, "alpha_t_full": 0.6286432170272813, "r2_5y": 0.8182949052785049, "r2_full": 0.8233890521437559, "corr_portfolio": 0.3321602753243598, "corr_benchmark": 0.5795871335729402, "alpha_pos_frac": 0.5225806451612903, "fund_max_dd": -0.262283305575415, "first": "2013-04-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "rmgsx": {"sym": "rmgsx", "name": "Multi-Asset Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005046926098050484, "alpha_t_5y": -0.3998648993322759, "alpha_t_full": -1.030240552516315, "r2_5y": 0.9118130283964284, "r2_full": 0.8598209133118989, "corr_portfolio": 0.28617694427432555, "corr_benchmark": 0.7058965464128752, "alpha_pos_frac": 0.5648148148148148, "fund_max_dd": -0.24927812505440505, "first": "2017-03-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rmhyx": {"sym": "rmhyx", "name": "Long Duration Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006900871195159899, "alpha_t_5y": 0.49537319051201556, "alpha_t_full": 0.2749481247402444, "r2_5y": 0.7930939404525945, "r2_full": 0.7791582714774489, "corr_portfolio": -0.07219643445808555, "corr_benchmark": 0.6861968593642135, "alpha_pos_frac": 0.52, "fund_max_dd": -0.19311676550762102, "first": "2019-11-14", "verdict": "weak/unstable alpha", "alpha_name": false}, "rmlax": {"sym": "rmlax", "name": "Moderate Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007749956399022322, "alpha_t_5y": -1.1604141703729591, "alpha_t_full": -2.075996285206036, "r2_5y": 0.9589943476569441, "r2_full": 0.8818302352588663, "corr_portfolio": 0.29934569908521036, "corr_benchmark": 0.7529785896718303, "alpha_pos_frac": 0.5829596412556054, "fund_max_dd": -0.340804450040321, "first": "2003-03-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rmmbx": {"sym": "rmmbx", "name": "Aspiriant Risk-Managed Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01275240667941304, "alpha_t_5y": 1.0892084060168123, "alpha_t_full": 2.2423825884153534, "r2_5y": 0.26056454859643985, "r2_full": 0.27124764053886163, "corr_portfolio": 0.04501592008273409, "corr_benchmark": 0.29884816268154546, "alpha_pos_frac": 0.578125, "fund_max_dd": -0.12539567437155408, "first": "2015-07-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "rmqhx": {"sym": "rmqhx", "name": "Monthly Rebalance NASDAQ-100 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03535421757809716, "alpha_t_5y": -0.6086127147161065, "alpha_t_full": -0.6775603681957417, "r2_5y": 0.9184726468538448, "r2_full": 0.9522553734853687, "corr_portfolio": 0.1349769275905362, "corr_benchmark": 0.5998313937885955, "alpha_pos_frac": 0.3851851851851852, "fund_max_dd": -0.632084489649473, "first": "2014-12-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rmtbx": {"sym": "rmtbx", "name": "Aspiriant Risk-Managed Taxable Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009301671655441629, "alpha_t_5y": 1.0060301175861963, "alpha_t_full": 1.9548484874638465, "r2_5y": 0.7658349134368619, "r2_full": 0.7320818357691801, "corr_portfolio": -0.03208952070353721, "corr_benchmark": 0.6643902462725825, "alpha_pos_frac": 0.6210526315789474, "fund_max_dd": -0.1626084469015825, "first": "2018-04-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "rmuyx": {"sym": "rmuyx", "name": "Invesco Rochester New York Municipals Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004390916410841208, "alpha_t_5y": 0.21181630538143653, "alpha_t_full": 4.467713688203582, "r2_5y": 0.39751973771726756, "r2_full": 5.551115123125783e-16, "corr_portfolio": 0.03663158362547584, "corr_benchmark": 0.3532241073339083, "alpha_pos_frac": 0.6011560693641619, "fund_max_dd": -0.36351925076473, "first": "2000-05-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "rmycx": {"sym": "rmycx", "name": "Multi-Strategy Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013372852476870043, "alpha_t_5y": -1.0728969047601793, "alpha_t_full": -1.2744606624523453, "r2_5y": 0.871038926059653, "r2_full": 0.8335155177103257, "corr_portfolio": 0.3005398554233332, "corr_benchmark": 0.6827804983624604, "alpha_pos_frac": 0.5538461538461539, "fund_max_dd": -0.22849181174343125, "first": "2015-05-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "roam": {"sym": "roam", "name": "Hartford Multifactor Emerging Markets ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04796092877012059, "alpha_t_5y": 2.1876208342084675, "alpha_t_full": -0.16452847492476078, "r2_5y": 0.8906104268599142, "r2_full": 0.7674077149214823, "corr_portfolio": 0.2847443427038812, "corr_benchmark": 0.4853419241716439, "alpha_pos_frac": 0.5227272727272727, "fund_max_dd": -0.4546292960708469, "first": "2015-03-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rodm": {"sym": "rodm", "name": "Hartford Multifactor Developed Markets (ex-US) ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02879050924663023, "alpha_t_5y": 2.0170960364106034, "alpha_t_full": 0.8276585675535438, "r2_5y": 0.9348064349115895, "r2_full": 0.8045382368656625, "corr_portfolio": 0.3714959774555879, "corr_benchmark": 0.5167051065529216, "alpha_pos_frac": 0.48484848484848486, "fund_max_dd": -0.3598115542910316, "first": "2015-03-02", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "rous": {"sym": "rous", "name": "Hartford Multifactor US Equity ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.024510525313525842, "alpha_t_5y": 1.3817054346400137, "alpha_t_full": 0.27536534528903917, "r2_5y": 0.9128697320026946, "r2_full": 0.804616133579064, "corr_portfolio": 0.3294209282506615, "corr_benchmark": 0.5524819702644298, "alpha_pos_frac": 0.4772727272727273, "fund_max_dd": -0.3551066979006904, "first": "2015-03-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpbax": {"sym": "rpbax", "name": "T. Rowe Price Balanced Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006546833197236385, "alpha_t_5y": -0.981976917272869, "alpha_t_full": 4.608517618965861, "r2_5y": 0.9787322083710319, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.30741828004474064, "corr_benchmark": 0.6673396322125112, "alpha_pos_frac": 0.5650224215246636, "fund_max_dd": -0.4084315299627802, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpfix": {"sym": "rpfix", "name": "Royce Premier Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014041566512479637, "alpha_t_5y": -0.4768309072703876, "alpha_t_full": 0.3356142746854575, "r2_5y": 0.8780819572079069, "r2_full": 0.8771037958514671, "corr_portfolio": 0.28508784181307295, "corr_benchmark": 0.5306477209931296, "alpha_pos_frac": 0.515695067264574, "fund_max_dd": -0.5138866962516013, "first": "2002-09-18", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpgax": {"sym": "rpgax", "name": "T. Rowe Price Global Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -7.963935197204956e-05, "alpha_t_5y": -0.009957199311058712, "alpha_t_full": 0.889657315569264, "r2_5y": 0.9599918799669865, "r2_full": 0.9344912299870114, "corr_portfolio": 0.32895422170119604, "corr_benchmark": 0.6262946395967832, "alpha_pos_frac": 0.47058823529411764, "fund_max_dd": -0.24420286073914632, "first": "2013-06-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpgex": {"sym": "rpgex", "name": "T. Rowe Price Global Growth Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.052100081175726606, "alpha_t_5y": -2.7353639013522235, "alpha_t_full": -1.3221919637429767, "r2_5y": 0.9340000004558334, "r2_full": 0.9409656176537504, "corr_portfolio": 0.2226134934664939, "corr_benchmark": 0.6021993657481696, "alpha_pos_frac": 0.5, "fund_max_dd": -0.3967230494881442, "first": "2008-10-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpgix": {"sym": "rpgix", "name": "T. Rowe Price Global Industrials Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.027563985481858844, "alpha_t_5y": -1.0048247399895274, "alpha_t_full": -0.20076647213297838, "r2_5y": 0.8912110594712765, "r2_full": 0.9051751679454589, "corr_portfolio": 0.33349915902714317, "corr_benchmark": 0.5609579050380327, "alpha_pos_frac": 0.47297297297297297, "fund_max_dd": -0.37910879875344283, "first": "2013-10-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpgrx": {"sym": "rpgrx", "name": "T. Rowe Price Target 2035 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0066329403953624974, "alpha_t_5y": -0.8121941930140097, "alpha_t_full": 0.35192355940701103, "r2_5y": 0.9667879206289048, "r2_full": 0.9081375704003914, "corr_portfolio": 0.2999280457369745, "corr_benchmark": 0.6306955546981389, "alpha_pos_frac": 0.5266666666666666, "fund_max_dd": -0.2673990922785273, "first": "2013-08-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpibx": {"sym": "rpibx", "name": "T. Rowe Price International Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.023204790201455213, "alpha_t_5y": -2.1473517321439317, "alpha_t_full": 3.3862774061745684, "r2_5y": 0.8857789812691885, "r2_full": -1.9984014443252818e-15, "corr_portfolio": 0.026761721306655967, "corr_benchmark": 0.41669572416061335, "alpha_pos_frac": 0.5, "fund_max_dd": -0.3345662907055832, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpidx": {"sym": "rpidx", "name": "T. Rowe Price Dynamic Credit Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0318407706448986, "alpha_t_5y": 2.161165801638646, "alpha_t_full": 2.365621081986082, "r2_5y": 0.16174575049746343, "r2_full": 0.21724530647680118, "corr_portfolio": 0.12417678734045792, "corr_benchmark": -0.07364411016754904, "alpha_pos_frac": 0.47674418604651164, "fund_max_dd": -0.19941530849588673, "first": "2019-01-15", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "rpiex": {"sym": "rpiex", "name": "T. Rowe Price Dynamic Global Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017701989147950997, "alpha_t_5y": 0.9828166083813038, "alpha_t_full": 2.5122887100566325, "r2_5y": 0.2032511709970677, "r2_full": 0.18012791259352157, "corr_portfolio": 0.11667815308115295, "corr_benchmark": -0.34119066590800423, "alpha_pos_frac": 0.5263157894736842, "fund_max_dd": -0.09535800155604779, "first": "2015-01-23", "verdict": "weak/unstable alpha", "alpha_name": true}, "rpifx": {"sym": "rpifx", "name": "T. Rowe Price Institutional Floating Rate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.042561140530593025, "alpha_t_5y": 5.031975934378061, "alpha_t_full": 4.32768498718273, "r2_5y": 0.4444428363639841, "r2_full": 0.5457962570537634, "corr_portfolio": 0.26976022394127364, "corr_benchmark": 0.1694682513518322, "alpha_pos_frac": 0.48205128205128206, "fund_max_dd": -0.22533270761197488, "first": "2008-02-04", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "rpihx": {"sym": "rpihx", "name": "T. Rowe Price Global High Income Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012977570439340454, "alpha_t_5y": -1.1741468777703847, "alpha_t_full": 2.7399350208372932, "r2_5y": 0.7513980753588538, "r2_full": 0.708676115093626, "corr_portfolio": 0.2781893824459559, "corr_benchmark": 0.24510989502418762, "alpha_pos_frac": 0.5338345864661654, "fund_max_dd": -0.2377319643782808, "first": "2015-01-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "rplcx": {"sym": "rplcx", "name": "T. Rowe Price Institutional Long Duration Credit Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0016672989242564416, "alpha_t_5y": 0.24246358670425341, "alpha_t_full": 0.9033396674738411, "r2_5y": 0.9796673146103877, "r2_full": 0.936712744121258, "corr_portfolio": -0.06594248358859238, "corr_benchmark": 0.673703551409502, "alpha_pos_frac": 0.5228758169934641, "fund_max_dd": -0.3444441902574842, "first": "2013-06-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpmgx": {"sym": "rpmgx", "name": "T. Rowe Price Mid-Cap Growth Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06186936622295419, "alpha_t_5y": -2.3986375568638834, "alpha_t_full": 4.09604065987704, "r2_5y": 0.8880250276140152, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.218945077621003, "corr_benchmark": 0.6107897819432737, "alpha_pos_frac": 0.5646551724137931, "fund_max_dd": -0.5466162033830317, "first": "1992-07-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpsix": {"sym": "rpsix", "name": "T. Rowe Price Spectrum Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002578393379964185, "alpha_t_5y": -0.3976900068211224, "alpha_t_full": 8.557950754218021, "r2_5y": 0.8708710256236362, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.262270579680245, "corr_benchmark": 0.6753342364119375, "alpha_pos_frac": 0.5426008968609866, "fund_max_dd": -0.16702195872028036, "first": "1990-07-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpxfx": {"sym": "rpxfx", "name": "RiverPark Large Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09860763635498054, "alpha_t_5y": -2.181444433881348, "alpha_t_full": -2.2698357803408302, "r2_5y": 0.8259549828847936, "r2_full": 0.8299446758986713, "corr_portfolio": 0.0843260902763514, "corr_benchmark": 0.5868939912563836, "alpha_pos_frac": 0.5621621621621622, "fund_max_dd": -0.5470173878312041, "first": "2010-10-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "rresx": {"sym": "rresx", "name": "Global Real Estate Securities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.026851253051640205, "alpha_t_5y": -1.5394071290278877, "alpha_t_full": 2.822606496433305, "r2_5y": 0.9314588721862919, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.2940919552597706, "corr_benchmark": 0.5866641261198777, "alpha_pos_frac": 0.4798206278026906, "fund_max_dd": -0.7209020128032846, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "rseax": {"sym": "rseax", "name": "U.S. Strategic Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02423058140936846, "alpha_t_5y": -1.961984162222252, "alpha_t_full": -1.6036082722207567, "r2_5y": 0.9700346616853772, "r2_full": 0.955290510837734, "corr_portfolio": 0.2747160915435948, "corr_benchmark": 0.6073229497043684, "alpha_pos_frac": 0.4876543209876543, "fund_max_dd": -0.34365332104906987, "first": "2012-08-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rseix": {"sym": "rseix", "name": "Royce Small-Cap Special Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.045148971201472786, "alpha_t_5y": 1.3805350334535482, "alpha_t_full": 1.469013225359445, "r2_5y": 0.7799065624822268, "r2_full": 0.8474223310001877, "corr_portfolio": 0.31448821921016257, "corr_benchmark": 0.4465564714557482, "alpha_pos_frac": 0.4823529411764706, "fund_max_dd": -0.43212417306994444, "first": "2003-07-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "rsqax": {"sym": "rsqax", "name": "Equity Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01320226905781317, "alpha_t_5y": 0.7792484576516301, "alpha_t_full": 0.6054160024502905, "r2_5y": 0.9211145648991605, "r2_full": 0.9550691867811143, "corr_portfolio": 0.38271519676565846, "corr_benchmark": 0.5474554338806844, "alpha_pos_frac": 0.5047619047619047, "fund_max_dd": -0.47988287704787036, "first": "2008-09-03", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "rtssx": {"sym": "rtssx", "name": "Tax-Managed U.S. Mid & Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02159042093928418, "alpha_t_5y": -1.1984252307460443, "alpha_t_full": -0.7658954022846404, "r2_5y": 0.9567772290349289, "r2_full": 0.9232143090783339, "corr_portfolio": 0.28233009025913663, "corr_benchmark": 0.5348264973795547, "alpha_pos_frac": 0.5022421524663677, "fund_max_dd": -0.5797417307927, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rtxax": {"sym": "rtxax", "name": "Tax-Managed Real Assets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015886952342016137, "alpha_t_5y": -0.7862016401733928, "alpha_t_full": -0.17433260561897193, "r2_5y": 0.9040181076265565, "r2_full": 0.9361649776758654, "corr_portfolio": 0.34985879855115104, "corr_benchmark": 0.5781944172103002, "alpha_pos_frac": 0.5125, "fund_max_dd": -0.40679505748976275, "first": "2019-06-19", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "ryavx": {"sym": "ryavx", "name": "S&P MidCap 400 Pure Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.022397086674224794, "alpha_t_5y": 0.6099437667122483, "alpha_t_full": 0.08378598498612908, "r2_5y": 0.8423828039927841, "r2_full": 0.868786284493463, "corr_portfolio": 0.35832085443134803, "corr_benchmark": 0.46072986038888475, "alpha_pos_frac": 0.4307692307692308, "fund_max_dd": -0.7309084978670659, "first": "2004-02-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryawx": {"sym": "ryawx", "name": "S&P 500 Pure Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.047683303782224774, "alpha_t_5y": -1.2201145109335263, "alpha_t_full": -1.9966136510800845, "r2_5y": 0.8546274181740351, "r2_full": 0.9084401202042394, "corr_portfolio": 0.2153057360716118, "corr_benchmark": 0.5952330639013447, "alpha_pos_frac": 0.5282051282051282, "fund_max_dd": -0.537508499950835, "first": "2004-02-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryazx": {"sym": "ryazx", "name": "S&P SmallCap 600 Pure Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.06241513486338976, "alpha_t_5y": 1.504530456102741, "alpha_t_full": 0.0007021238069988303, "r2_5y": 0.8403266410003993, "r2_full": 0.8546816381566531, "corr_portfolio": 0.32527134668447655, "corr_benchmark": 0.4274138034085911, "alpha_pos_frac": 0.46551724137931033, "fund_max_dd": -0.7821558787717104, "first": "2004-02-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "rybhx": {"sym": "rybhx", "name": "S&P MidCap 400 Pure Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03790403848854158, "alpha_t_5y": -0.7432392408393506, "alpha_t_full": -1.2282836775326613, "r2_5y": 0.7568539437633732, "r2_full": 0.8732536540238793, "corr_portfolio": 0.24623365890269988, "corr_benchmark": 0.5500983936399014, "alpha_pos_frac": 0.452914798206278, "fund_max_dd": -0.5215094426307954, "first": "2004-02-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "rybix": {"sym": "rybix", "name": "Basic Materials Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.048805032389729344, "alpha_t_5y": -0.9325810724262884, "alpha_t_full": 0.14900790236623618, "r2_5y": 0.7178251340102443, "r2_full": 0.675755785149879, "corr_portfolio": 0.3154888059401679, "corr_benchmark": 0.4874474391597668, "alpha_pos_frac": 0.4484304932735426, "fund_max_dd": -0.6565762317059463, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "rycix": {"sym": "rycix", "name": "Consumer Products Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.19155311563370403, "alpha_t_5y": -1.4888140805589718, "alpha_t_full": 0.5328715885368803, "r2_5y": 0.07528953553695683, "r2_full": 0.0, "corr_portfolio": 0.1674674490504737, "corr_benchmark": 0.2633443175176476, "alpha_pos_frac": 0.6186770428015564, "fund_max_dd": -0.7521508251745724, "first": "1998-07-07", "verdict": "weak/unstable alpha", "alpha_name": false}, "rydhx": {"sym": "rydhx", "name": "Dow Jones Industrial Average Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.016107221668682933, "alpha_t_5y": -0.9000054436345931, "alpha_t_full": -0.49889832171759796, "r2_5y": 0.9162435045173392, "r2_full": 0.9392387233403008, "corr_portfolio": 0.33960340278126827, "corr_benchmark": 0.5782618623419135, "alpha_pos_frac": 0.5121951219512195, "fund_max_dd": -0.3734071452875105, "first": "2015-12-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rydvx": {"sym": "rydvx", "name": "Royce Smid-Cap Total Return Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020289662588144807, "alpha_t_5y": 0.6667601863173457, "alpha_t_full": 0.9028372919677692, "r2_5y": 0.8539474994554921, "r2_full": 0.907919207774321, "corr_portfolio": 0.35390008751342444, "corr_benchmark": 0.5340541353047111, "alpha_pos_frac": 0.4860557768924303, "fund_max_dd": -0.5334736927343766, "first": "2004-05-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryeix": {"sym": "ryeix", "name": "Energy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.026058094443629283, "alpha_t_5y": 0.41296859633852423, "alpha_t_full": 1.7226602038075682, "r2_5y": 0.6987535480387475, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.3368011644876891, "corr_benchmark": 0.2900012745017753, "alpha_pos_frac": 0.46382978723404256, "fund_max_dd": -0.8300874775585978, "first": "1998-04-22", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryeux": {"sym": "ryeux", "name": "Europe 1.25x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009929681261741598, "alpha_t_5y": -0.37486517444399464, "alpha_t_full": -2.612179019793682, "r2_5y": 0.9088225939100201, "r2_full": 0.9086287535124337, "corr_portfolio": 0.3521791290910052, "corr_benchmark": 0.5142206398509397, "alpha_pos_frac": 0.5112107623318386, "fund_max_dd": -0.7550039513373907, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryfix": {"sym": "ryfix", "name": "Financial Services Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011794520974689006, "alpha_t_5y": -0.44859349894505623, "alpha_t_full": 0.14421015105419996, "r2_5y": 0.8827106741441579, "r2_full": 0.6612858652563294, "corr_portfolio": 0.3726882686308296, "corr_benchmark": 0.5049006383672743, "alpha_pos_frac": 0.3735408560311284, "fund_max_dd": -0.6446414605709037, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rygbx": {"sym": "rygbx", "name": "Government Long Bond 1.2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.1302067494007535, "alpha_t_5y": -1.435423990998694, "alpha_t_full": 0.2639831427437585, "r2_5y": 0.4341438732862193, "r2_full": 0.0, "corr_portfolio": -0.17097221281463235, "corr_benchmark": 0.4857418537145877, "alpha_pos_frac": 0.8551236749116607, "fund_max_dd": -0.8484525674397714, "first": "1994-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryhdx": {"sym": "ryhdx", "name": "High Yield Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.018331031372914558, "alpha_t_5y": -1.6497212136714676, "alpha_t_full": -3.102470994084345, "r2_5y": 0.8776580773384248, "r2_full": 0.5501446128471636, "corr_portfolio": 0.18512632316184438, "corr_benchmark": 0.6399074213619333, "alpha_pos_frac": 0.5088495575221239, "fund_max_dd": -0.23330458032819323, "first": "2007-04-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryhix": {"sym": "ryhix", "name": "Health Care Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007407086323260944, "alpha_t_5y": -0.17939710291982044, "alpha_t_full": 1.009215784971072, "r2_5y": 0.6231001767053775, "r2_full": 0.6519863587415817, "corr_portfolio": 0.2195172773444874, "corr_benchmark": 0.5252888781521021, "alpha_pos_frac": 0.5191489361702127, "fund_max_dd": -0.4126983951437031, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryhrx": {"sym": "ryhrx", "name": "Real Estate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014652186306923541, "alpha_t_5y": -1.374524963874497, "alpha_t_full": -3.337045892378524, "r2_5y": 0.9820710394432098, "r2_full": 0.9806260945191415, "corr_portfolio": 0.2599069449746933, "corr_benchmark": 0.5811451535755506, "alpha_pos_frac": 0.5725490196078431, "fund_max_dd": -0.7449571430180212, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryidx": {"sym": "ryidx", "name": "Inverse Dow 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.08097289555705925, "alpha_t_5y": 2.220122370021935, "alpha_t_full": 1.4147333505491522, "r2_5y": 0.9128703659764771, "r2_full": 0.8743835861520647, "corr_portfolio": -0.3568752990730586, "corr_benchmark": -0.5583246175624159, "alpha_pos_frac": 0.40425531914893614, "fund_max_dd": -0.9977647109135068, "first": "2004-09-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryiex": {"sym": "ryiex", "name": "Emerging Markets Bond Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.038052030169586706, "alpha_t_5y": -2.140128466035155, "alpha_t_full": -2.878676722937415, "r2_5y": 0.7824271704303787, "r2_full": 0.6878865337433073, "corr_portfolio": 0.14761560540438484, "corr_benchmark": 0.7251045938969345, "alpha_pos_frac": 0.4864864864864865, "fund_max_dd": -0.31323032538819906, "first": "2013-10-14", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryiix": {"sym": "ryiix", "name": "Internet Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08806291923457064, "alpha_t_5y": -1.8019264242630315, "alpha_t_full": -2.3529501981379095, "r2_5y": 0.815514233487276, "r2_full": 0.8401714944752138, "corr_portfolio": 0.05676830455644713, "corr_benchmark": 0.5612776562905989, "alpha_pos_frac": 0.5067264573991032, "fund_max_dd": -0.9294117637373788, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryilx": {"sym": "ryilx", "name": "Inverse High Yield Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01650965922595034, "alpha_t_5y": 1.1612234689552092, "alpha_t_full": -0.08552636278497099, "r2_5y": 0.862744777899172, "r2_full": 0.47156333473656575, "corr_portfolio": -0.15955843994481447, "corr_benchmark": -0.5923984568617205, "alpha_pos_frac": 0.3938053097345133, "fund_max_dd": -0.7720956244530393, "first": "2007-04-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryipx": {"sym": "ryipx", "name": "Royce International Premier Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.10523332417045839, "alpha_t_5y": -3.379627638081399, "alpha_t_full": -1.4690499691347627, "r2_5y": 0.7666779873238059, "r2_full": 0.7984321618988274, "corr_portfolio": 0.30479252192677375, "corr_benchmark": 0.5273194268724494, "alpha_pos_frac": 0.5604395604395604, "fund_max_dd": -0.42142993453610167, "first": "2011-01-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryiux": {"sym": "ryiux", "name": "Inverse Russell 2000 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.06895795951557683, "alpha_t_5y": 3.9274570625676057, "alpha_t_full": 0.16376267981154768, "r2_5y": 0.9914740992975348, "r2_full": 0.9901281267357833, "corr_portfolio": -0.2554876338696516, "corr_benchmark": -0.5427799551665344, "alpha_pos_frac": 0.0759493670886076, "fund_max_dd": -0.9993843930452287, "first": "2009-11-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryjsx": {"sym": "ryjsx", "name": "Japan 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07744431420236333, "alpha_t_5y": -0.8452500499750751, "alpha_t_full": -0.8658927325624809, "r2_5y": 0.7366895210116949, "r2_full": 0.7377813629061531, "corr_portfolio": 0.2875627431646096, "corr_benchmark": 0.5088547154294694, "alpha_pos_frac": 0.5046296296296297, "fund_max_dd": -0.7840921297577559, "first": "2008-02-22", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryjux": {"sym": "ryjux", "name": "Inverse Government Long Bond Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.057726322057238925, "alpha_t_5y": 4.541176470517858, "alpha_t_full": 4.075573247958063, "r2_5y": 0.9649747413992462, "r2_full": 0.9593150354996107, "corr_portfolio": 0.20208840195214578, "corr_benchmark": -0.6149898734328798, "alpha_pos_frac": 0.3872832369942196, "fund_max_dd": -0.8457711527599938, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rykix": {"sym": "rykix", "name": "Banking Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.025192886743458008, "alpha_t_5y": 0.46965001790839084, "alpha_t_full": 0.05128430386502412, "r2_5y": 0.7441339276156969, "r2_full": 0.6434682464006807, "corr_portfolio": 0.38267717342243734, "corr_benchmark": 0.3338619222694096, "alpha_pos_frac": 0.4663677130044843, "fund_max_dd": -0.6823780758027203, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryldx": {"sym": "ryldx", "name": "Dow 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05726982816787456, "alpha_t_5y": -1.567283404372811, "alpha_t_full": -1.115793856594442, "r2_5y": 0.9127679811147423, "r2_full": 0.9357593135536695, "corr_portfolio": 0.35751826009469634, "corr_benchmark": 0.5592049947159243, "alpha_pos_frac": 0.4978723404255319, "fund_max_dd": -0.821604104109909, "first": "2004-09-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rylix": {"sym": "rylix", "name": "Leisure Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06196666908593222, "alpha_t_5y": -1.5119449542450152, "alpha_t_full": -1.1242900129877516, "r2_5y": 0.7569106884401839, "r2_full": 0.7924522685032406, "corr_portfolio": 0.23045275092025286, "corr_benchmark": 0.5663101575817997, "alpha_pos_frac": 0.5657370517928287, "fund_max_dd": -0.6819680571477325, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "rymbx": {"sym": "rymbx", "name": "Commodities Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00834137860123552, "alpha_t_5y": 0.22402059234708635, "alpha_t_full": -0.4492864193039669, "r2_5y": 0.8502089686998313, "r2_full": 0.9070167763097658, "corr_portfolio": 0.2291732820433703, "corr_benchmark": 0.08246757393810389, "alpha_pos_frac": 0.5702127659574469, "fund_max_dd": -0.9095439223481546, "first": "2006-07-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rymdx": {"sym": "rymdx", "name": "Mid-Cap 1.5x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04601748267034727, "alpha_t_5y": -1.5694091553857659, "alpha_t_full": -1.2236943975720538, "r2_5y": 0.9439988003913463, "r2_full": 0.9450728039264804, "corr_portfolio": 0.32280134827174517, "corr_benchmark": 0.5623318923877406, "alpha_pos_frac": 0.5381165919282511, "fund_max_dd": -0.7543220573455245, "first": "2001-08-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rymfx": {"sym": "rymfx", "name": "Guggenheim Managed Futures Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02014247769464265, "alpha_t_5y": -0.5003121906583069, "alpha_t_full": 0.10839288377627028, "r2_5y": 0.35143615168816555, "r2_full": 0.07807781174439732, "corr_portfolio": 0.23525317740277807, "corr_benchmark": 0.07780897382137142, "alpha_pos_frac": 0.47085201793721976, "fund_max_dd": -0.36522050666552897, "first": "2007-02-23", "verdict": "weak/unstable alpha", "alpha_name": true}, "rymhx": {"sym": "rymhx", "name": "Inverse Mid-Cap Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.07218469834843093, "alpha_t_5y": 1.2706926454714722, "alpha_t_full": 1.7813043039008536, "r2_5y": 0.6708207844035213, "r2_full": 0.8453468013652594, "corr_portfolio": -0.2905723379884204, "corr_benchmark": -0.5245336023875748, "alpha_pos_frac": 0.36742424242424243, "fund_max_dd": -0.9509863550229379, "first": "2004-02-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "rymix": {"sym": "rymix", "name": "Telecommunications Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012018890706961853, "alpha_t_5y": -0.27195084178361273, "alpha_t_full": -2.4014521581407844, "r2_5y": 0.6763742227263405, "r2_full": 0.6776368062402749, "corr_portfolio": 0.2732146889858176, "corr_benchmark": 0.5403260862736543, "alpha_pos_frac": 0.452914798206278, "fund_max_dd": -0.8781303742116715, "first": "1999-03-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "rymkx": {"sym": "rymkx", "name": "Russell 2000 1.5x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03552684051849705, "alpha_t_5y": -3.010849589366597, "alpha_t_full": -2.575281042982859, "r2_5y": 0.9931797145986118, "r2_full": 0.9747947346526606, "corr_portfolio": 0.255169331373576, "corr_benchmark": 0.5446043287906834, "alpha_pos_frac": 0.6006600660066007, "fund_max_dd": -0.7756614584724202, "first": "2000-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rymsx": {"sym": "rymsx", "name": "Guggenheim Multi-Hedge Strategies Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": -0.8189054299152048, "r2_5y": NaN, "r2_full": 0.4600450518899881, "corr_portfolio": 0.34138123182351143, "corr_benchmark": 0.3133183073019974, "alpha_pos_frac": 0.5193370165745856, "fund_max_dd": -0.295547106365326, "first": "2005-09-20", "verdict": "no 5y window", "alpha_name": false}, "rynvx": {"sym": "rynvx", "name": "Nova Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03419873120510549, "alpha_t_5y": -4.306225981925257, "alpha_t_full": -3.7584923900806455, "r2_5y": 0.9943284503814742, "r2_full": 0.9844104087908718, "corr_portfolio": 0.28498562811044514, "corr_benchmark": 0.617652003496684, "alpha_pos_frac": 0.5501618122977346, "fund_max_dd": -0.7653777333220104, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryocx": {"sym": "ryocx", "name": "NASDAQ-100 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011134279384152578, "alpha_t_5y": -1.3634706060062602, "alpha_t_full": -1.7880277033701701, "r2_5y": 0.9927753658277264, "r2_full": 0.9825138915476077, "corr_portfolio": 0.14597551062388175, "corr_benchmark": 0.6113684084180029, "alpha_pos_frac": 0.4520123839009288, "fund_max_dd": -0.8374642638826186, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryoix": {"sym": "ryoix", "name": "Biotechnology Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02319712497813459, "alpha_t_5y": 0.3129834978229511, "alpha_t_full": 1.065592073105434, "r2_5y": 0.437779713857988, "r2_full": 0.45115484960074037, "corr_portfolio": 0.10528910999963037, "corr_benchmark": 0.4295160514937519, "alpha_pos_frac": 0.45353159851301117, "fund_max_dd": -0.7443486377779227, "first": "1999-03-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryotx": {"sym": "ryotx", "name": "Royce Micro-Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.048056258050129044, "alpha_t_5y": 1.6644401556583814, "alpha_t_full": 1.845288994602476, "r2_5y": 0.9172183356064245, "r2_full": 0.8471622340910088, "corr_portfolio": 0.24814508679151426, "corr_benchmark": 0.5126085826363931, "alpha_pos_frac": 0.45739910313901344, "fund_max_dd": -0.5685655843306591, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rypix": {"sym": "rypix", "name": "Transportation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06737072594202931, "alpha_t_5y": -1.489435915336236, "alpha_t_full": -0.41534829974158527, "r2_5y": 0.8110367197669917, "r2_full": 0.7566192659636051, "corr_portfolio": 0.25272060030799515, "corr_benchmark": 0.5223228466872553, "alpha_pos_frac": 0.5446808510638298, "fund_max_dd": -0.6350754951500781, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "rypmx": {"sym": "rypmx", "name": "Precious Metals Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07428771159774208, "alpha_t_5y": -0.8511020811066404, "alpha_t_full": 1.6996524268985616, "r2_5y": 0.7018053300338507, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.05781558178393666, "corr_benchmark": 0.3348108404820079, "alpha_pos_frac": 0.4260089686098655, "fund_max_dd": -0.8125402302294431, "first": "1993-12-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "rypnx": {"sym": "rypnx", "name": "Royce Small-Cap Opportunity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.12606800870933615, "alpha_t_5y": 1.7794189674178307, "alpha_t_full": 4.121318558117262, "r2_5y": 0.6912360929458324, "r2_full": 0.7523533087405908, "corr_portfolio": 0.27796828260420947, "corr_benchmark": 0.428403744348809, "alpha_pos_frac": 0.4349775784753363, "fund_max_dd": -0.6262269196698758, "first": "2000-05-30", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "ryrix": {"sym": "ryrix", "name": "Retailing Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0529410658635615, "alpha_t_5y": -1.1592339731246428, "alpha_t_full": -0.25685287484348474, "r2_5y": 0.7413793080719941, "r2_full": 0.7091200125261716, "corr_portfolio": 0.1822096063892944, "corr_benchmark": 0.5571280387454024, "alpha_pos_frac": 0.47533632286995514, "fund_max_dd": -0.5826257551401757, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryrrx": {"sym": "ryrrx", "name": "Russell 2000 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013992153799692599, "alpha_t_5y": -1.5051093883632731, "alpha_t_full": -2.3497140845267483, "r2_5y": 0.990436105187598, "r2_full": 0.9851330966428514, "corr_portfolio": 0.25681968779650605, "corr_benchmark": 0.5428638085140628, "alpha_pos_frac": 0.4177215189873418, "fund_max_dd": -0.6035576889579828, "first": "2006-06-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryrux": {"sym": "ryrux", "name": "Russell 2000 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05247579562968924, "alpha_t_5y": -2.7941569420818566, "alpha_t_full": -2.6525998156724304, "r2_5y": 0.9902394857184588, "r2_full": 0.9853682767239889, "corr_portfolio": 0.2562007727194706, "corr_benchmark": 0.5417078682053206, "alpha_pos_frac": 0.5316455696202531, "fund_max_dd": -0.880635884801133, "first": "2006-06-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rysbx": {"sym": "rysbx", "name": "Strengthening Dollar 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.019038980886983626, "alpha_t_5y": 1.4477537805281133, "alpha_t_full": 4.365127904422128, "r2_5y": 0.9684189988011416, "r2_full": 0.9353836539656343, "corr_portfolio": -0.0667983806177908, "corr_benchmark": -0.2590452101251219, "alpha_pos_frac": 0.4717948717948718, "fund_max_dd": -0.43875900300063775, "first": "2005-12-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryshx": {"sym": "ryshx", "name": "Inverse Russell 2000 Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.1370556494654048, "alpha_t_5y": -0.9811003548128563, "alpha_t_full": -0.46422726427790983, "r2_5y": 0.3179573965956559, "r2_full": 0.6669710462954721, "corr_portfolio": -0.19579499771322045, "corr_benchmark": -0.3922089873419153, "alpha_pos_frac": 0.7537878787878788, "fund_max_dd": -0.9914656054314909, "first": "2004-02-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "rysix": {"sym": "rysix", "name": "Electronics Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.09275478447101602, "alpha_t_5y": 1.3995724282536766, "alpha_t_full": 0.1024110203455775, "r2_5y": 0.8278593118754474, "r2_full": 0.7610621262256613, "corr_portfolio": 0.12777787799977566, "corr_benchmark": 0.5189507567787015, "alpha_pos_frac": 0.5112107623318386, "fund_max_dd": -0.8859843894711514, "first": "1999-03-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "rysox": {"sym": "rysox", "name": "S&P 500 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015732063806449845, "alpha_t_5y": -2.4945028543380454, "alpha_t_full": -3.3595548062561074, "r2_5y": 0.9919384963564362, "r2_full": 0.9898003858480543, "corr_portfolio": 0.2852270368846363, "corr_benchmark": 0.6157114044725359, "alpha_pos_frac": 0.24472573839662448, "fund_max_dd": -0.5523521074750886, "first": "2006-06-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rytix": {"sym": "rytix", "name": "Technology Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0025457708961447215, "alpha_t_5y": 0.09465059347843452, "alpha_t_full": -0.9138162986551001, "r2_5y": 0.9440727596149837, "r2_full": 0.8894692442941581, "corr_portfolio": 0.12741626128723035, "corr_benchmark": 0.5930124581150699, "alpha_pos_frac": 0.44621513944223107, "fund_max_dd": -0.8399765714757991, "first": "1999-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rytmx": {"sym": "rytmx", "name": "Inverse S&P 500 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.06198841333485604, "alpha_t_5y": 5.055520599209906, "alpha_t_full": 3.6788305734288307, "r2_5y": 0.9947491901305654, "r2_full": 0.9375348040981625, "corr_portfolio": -0.284245892017383, "corr_benchmark": -0.6162081652789874, "alpha_pos_frac": 0.30131004366812225, "fund_max_dd": -0.9987393425657819, "first": "2004-09-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryttx": {"sym": "ryttx", "name": "S&P 500 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.057799002645739804, "alpha_t_5y": -6.0174543534761025, "alpha_t_full": -5.571732880774334, "r2_5y": 0.9953168402804907, "r2_full": 0.990592093050139, "corr_portfolio": 0.28470964445484487, "corr_benchmark": 0.6163564050924916, "alpha_pos_frac": 0.5465116279069767, "fund_max_dd": -0.8491114515376746, "first": "2004-09-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryuix": {"sym": "ryuix", "name": "Utilities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03285655808908423, "alpha_t_5y": 0.6491379747971484, "alpha_t_full": 0.298996935260309, "r2_5y": 0.4724438738793122, "r2_full": 0.4759654711436071, "corr_portfolio": 0.2455620082943161, "corr_benchmark": 0.4774540323000827, "alpha_pos_frac": 0.5372549019607843, "fund_max_dd": -0.6181295487564202, "first": "2000-05-22", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryurx": {"sym": "ryurx", "name": "Inverse S&P 500 Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.057261242169881044, "alpha_t_5y": 6.117834130171873, "alpha_t_full": 5.993049019070163, "r2_5y": 0.9824166104088344, "r2_full": 0.9762411907882955, "corr_portfolio": -0.2826423000308707, "corr_benchmark": -0.6154309285595081, "alpha_pos_frac": 0.3851132686084142, "fund_max_dd": -0.951569194491279, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryvfx": {"sym": "ryvfx", "name": "Royce Small-Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.047495502769565844, "alpha_t_5y": 1.5389077453284092, "alpha_t_full": 0.506556383597275, "r2_5y": 0.8725246448533845, "r2_full": 0.8495403418500237, "corr_portfolio": 0.32764867717673873, "corr_benchmark": 0.4654626891664974, "alpha_pos_frac": 0.5372549019607843, "fund_max_dd": -0.57722285268165, "first": "2001-06-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryvix": {"sym": "ryvix", "name": "Energy Services Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05656038820168906, "alpha_t_5y": -0.6185327046293816, "alpha_t_full": 0.9191114770223417, "r2_5y": 0.6406117540343577, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.32025058229380876, "corr_benchmark": 0.25508014740052865, "alpha_pos_frac": 0.48936170212765956, "fund_max_dd": -0.9405847807407028, "first": "1998-04-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryvlx": {"sym": "ryvlx", "name": "NASDAQ-100(R) 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05474037345504579, "alpha_t_5y": -3.568793243115005, "alpha_t_full": -3.9431814096406295, "r2_5y": 0.9936083777230066, "r2_full": 0.9910974651854254, "corr_portfolio": 0.14647623538912158, "corr_benchmark": 0.6089223251681237, "alpha_pos_frac": 0.6124031007751938, "fund_max_dd": -0.8326659277703485, "first": "2004-09-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryvtx": {"sym": "ryvtx", "name": "Inverse NASDAQ-100(R) 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.07826063998157261, "alpha_t_5y": 5.0787653149344925, "alpha_t_full": -0.6843258500873661, "r2_5y": 0.9935588425088151, "r2_full": 0.4222751347796938, "corr_portfolio": -0.14654220268983334, "corr_benchmark": -0.6093664287508418, "alpha_pos_frac": 0.9534883720930233, "fund_max_dd": -20.461748748681938, "first": "2007-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rywax": {"sym": "rywax", "name": "S&P SmallCap 600 Pure Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02661771095660503, "alpha_t_5y": -0.6595793701177869, "alpha_t_full": -1.0064636202774806, "r2_5y": 0.8422442729951178, "r2_full": 0.9164890533537015, "corr_portfolio": 0.25610757581323246, "corr_benchmark": 0.5222841416611613, "alpha_pos_frac": 0.2593984962406015, "fund_max_dd": -0.6021070131690186, "first": "2004-09-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "rywbx": {"sym": "rywbx", "name": "Weakening Dollar 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013080098691862552, "alpha_t_5y": -1.083554019560076, "alpha_t_full": -5.207062532560909, "r2_5y": 0.9735998334936611, "r2_full": 0.9353455706892368, "corr_portfolio": 0.06903658353343442, "corr_benchmark": 0.2611292020874013, "alpha_pos_frac": 0.46153846153846156, "fund_max_dd": -0.7159533173212387, "first": "2005-12-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rywtx": {"sym": "rywtx", "name": "Emerging Markets 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.13376059138823093, "alpha_t_5y": -1.7834801592052778, "alpha_t_full": -1.9617612527494572, "r2_5y": 0.8659037186655325, "r2_full": 0.8790841383240907, "corr_portfolio": 0.20977572793784346, "corr_benchmark": 0.46225074910808533, "alpha_pos_frac": 0.4945652173913043, "fund_max_dd": -0.784694813616017, "first": "2010-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rywwx": {"sym": "rywwx", "name": "Inverse Emerging Markets 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.12515018256497643, "alpha_t_5y": 1.670681383712185, "alpha_t_full": 1.1841468914152438, "r2_5y": 0.8658016934396804, "r2_full": 0.8786440769837259, "corr_portfolio": -0.21040111796011587, "corr_benchmark": -0.4616277350166514, "alpha_pos_frac": 0.5108695652173914, "fund_max_dd": -0.9812334102518688, "first": "2010-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryzax": {"sym": "ryzax", "name": "S&P 500 Pure Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.023191681472273917, "alpha_t_5y": 0.7171323274217006, "alpha_t_full": 1.1437286605470194, "r2_5y": 0.815779505365099, "r2_full": 0.6854971387660292, "corr_portfolio": 0.4226849604598691, "corr_benchmark": 0.4364708764565696, "alpha_pos_frac": 0.33617021276595743, "fund_max_dd": -0.6981828851492073, "first": "2004-02-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "saaax": {"sym": "saaax", "name": "SIMT MULTI-ASSET ACCUMULATION FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.029840556591287298, "alpha_t_5y": -1.8151456022211179, "alpha_t_full": -0.5659320022584592, "r2_5y": 0.8354843739331186, "r2_full": 0.7833636636823353, "corr_portfolio": 0.23065879638217016, "corr_benchmark": 0.7653569130134127, "alpha_pos_frac": 0.5748502994011976, "fund_max_dd": -0.2548877641163424, "first": "2012-04-10", "verdict": "weak/unstable alpha", "alpha_name": false}, "safex": {"sym": "safex", "name": "Ultra Short Government Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013934971137815819, "alpha_t_5y": 2.73973011918959, "alpha_t_full": 2.6619254589460195, "r2_5y": 0.1892932866603062, "r2_full": 0.13597489171107002, "corr_portfolio": 0.03968032167838505, "corr_benchmark": 0.005881244057398238, "alpha_pos_frac": 0.5694444444444444, "fund_max_dd": -0.002988005703608021, "first": "2020-02-27", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "sagwx": {"sym": "sagwx", "name": "Touchstone Small Company Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02038481121042727, "alpha_t_5y": 0.8127693577500559, "alpha_t_full": 3.18145239368577, "r2_5y": 0.9067796580625719, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.28916407505635383, "corr_benchmark": 0.5336974843525263, "alpha_pos_frac": 0.4745098039215686, "fund_max_dd": -0.5187331827150172, "first": "1993-03-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "saoox": {"sym": "saoox", "name": "Overlay A Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09555726564898605, "alpha_t_5y": -1.651292913416648, "alpha_t_full": -1.651292913416648, "r2_5y": 0.4677145851626704, "r2_full": 0.4677145851626704, "corr_portfolio": 0.0798294688842596, "corr_benchmark": 0.5358334616788315, "alpha_pos_frac": 0.6724137931034483, "fund_max_dd": -0.38152199778997586, "first": "2021-04-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "satox": {"sym": "satox", "name": "Tax-Aware Overlay A Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09627939559323948, "alpha_t_5y": -1.8647531807057829, "alpha_t_full": -1.8647531807057829, "r2_5y": 0.48844518549167726, "r2_full": 0.48844518549167726, "corr_portfolio": 0.08066742482730875, "corr_benchmark": 0.5478688517083871, "alpha_pos_frac": 0.603448275862069, "fund_max_dd": -0.3342904905065387, "first": "2021-04-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "sbhex": {"sym": "sbhex", "name": "Segall Bryant & Hamill Emerging Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04636371392266217, "alpha_t_5y": 1.8855961745795422, "alpha_t_full": 0.7972071714659925, "r2_5y": 0.8792691012777967, "r2_full": 0.8736101639843585, "corr_portfolio": 0.3107619684458237, "corr_benchmark": 0.4755648653479824, "alpha_pos_frac": 0.5564516129032258, "fund_max_dd": -0.41432306218907733, "first": "2015-11-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sboox": {"sym": "sboox", "name": "Overlay B Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.029079433619399107, "alpha_t_5y": -1.774689719027336, "alpha_t_full": -1.774689719027336, "r2_5y": 0.7251665412068937, "r2_full": 0.7251665412068937, "corr_portfolio": 0.035698196085811935, "corr_benchmark": 0.7916385245854356, "alpha_pos_frac": 0.5689655172413793, "fund_max_dd": -0.21634805716708028, "first": "2021-04-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "sbstx": {"sym": "sbstx", "name": "Western Asset Short-Term Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014509751772961628, "alpha_t_5y": -1.43042486035346, "alpha_t_full": 4.065447641679554, "r2_5y": 0.4766725202271862, "r2_full": 2.9976021664879227e-15, "corr_portfolio": 0.01610282245849208, "corr_benchmark": 0.34813773294134465, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.16297122155005683, "first": "1991-11-12", "verdict": "weak/unstable alpha", "alpha_name": false}, "sbtox": {"sym": "sbtox", "name": "Tax-Aware Overlay B Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03198660593238614, "alpha_t_5y": -1.9196109441228133, "alpha_t_full": -1.9196109441228133, "r2_5y": 0.6207375456052979, "r2_full": 0.6207375456052979, "corr_portfolio": 0.07341859600501481, "corr_benchmark": 0.6450376822337014, "alpha_pos_frac": 0.4827586206896552, "fund_max_dd": -0.1667088372720673, "first": "2021-04-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "scaux": {"sym": "scaux", "name": "Invesco Income Advantage U.S. Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0036498637289854425, "alpha_t_5y": -0.30762742587171643, "alpha_t_full": -2.3016699370646148, "r2_5y": 0.9529874450203739, "r2_full": 0.9335990947055148, "corr_portfolio": 0.32956669188027876, "corr_benchmark": 0.5970827105804588, "alpha_pos_frac": 0.5650224215246636, "fund_max_dd": -0.5455858253616876, "first": "2006-04-04", "verdict": "sleeve mix (R\u00b2 high) - 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idiosyncratic alpha, complements portfolio", "alpha_name": false}, "scjax": {"sym": "scjax", "name": "Steward Covered Call Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005897157970252121, "alpha_t_5y": 0.0958803490725306, "alpha_t_full": -0.2780137948000188, "r2_5y": 0.40151350083945136, "r2_full": 0.5934109603559046, "corr_portfolio": 0.1963444479727745, "corr_benchmark": 0.5047417064732694, "alpha_pos_frac": 0.5510204081632653, "fund_max_dd": -0.3318972171721004, "first": "2017-12-20", "verdict": "weak/unstable alpha", "alpha_name": false}, "sclax": {"sym": "sclax", "name": "SIMT MULTI-ASSET CAPITAL STABILITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018955777134616256, "alpha_t_5y": 3.49032252606009, "alpha_t_full": 2.842925131805151, "r2_5y": 0.7633512499021613, "r2_full": 0.6949752062555294, "corr_portfolio": 0.21106826154893404, "corr_benchmark": 0.7383758012221079, "alpha_pos_frac": 0.4491017964071856, "fund_max_dd": -0.0559295399725781, "first": "2012-04-10", "verdict": "weak/unstable alpha", "alpha_name": false}, "scoax": {"sym": "scoax", "name": "SIIT CORE FIXED INCOME", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002255330457001239, "alpha_t_5y": 0.4820513090004915, "alpha_t_full": -1.5992341719006478, "r2_5y": 0.967521935795699, "r2_full": 0.8027034402299702, "corr_portfolio": -0.08720308411450203, "corr_benchmark": 0.7094615663714977, "alpha_pos_frac": 0.6763005780346821, "fund_max_dd": -0.1940103835188398, "first": "2007-09-05", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "secax": {"sym": "secax", "name": "SIIT Small Cap II Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008481130361313866, "alpha_t_5y": 0.5395662087290222, "alpha_t_full": -0.31417313436967903, "r2_5y": 0.9675967094367034, "r2_full": 0.9194475229566486, "corr_portfolio": 0.3055607444103034, "corr_benchmark": 0.5069708167964191, "alpha_pos_frac": 0.572289156626506, "fund_max_dd": -0.4242198832149363, "first": "2012-04-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "secex": {"sym": "secex", "name": "NAA LARGE CORE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010448075174068188, "alpha_t_5y": -1.3018762144208165, "alpha_t_full": 3.279515817714834, "r2_5y": 0.9874045203587488, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.29076407431436513, "corr_benchmark": 0.6198039103235035, "alpha_pos_frac": 0.5384615384615384, "fund_max_dd": -0.5909373287116937, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "secpx": {"sym": "secpx", "name": "SDIT ULTRA SHORT DURATION BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006587086767390859, "alpha_t_5y": 1.1753221321148086, "alpha_t_full": 9.875612711742955, "r2_5y": 0.3635757858004065, "r2_full": -8.43769498715119e-15, "corr_portfolio": 0.0653688824180498, "corr_benchmark": 0.18083130262539066, "alpha_pos_frac": 0.3930635838150289, "fund_max_dd": -0.11640889670226062, "first": "1993-09-29", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "sedax": {"sym": "sedax", "name": "SIIT EMERGING MARKETS DEBT FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018417164607391824, "alpha_t_5y": 0.9284536839142974, "alpha_t_full": -1.6058021700012028, "r2_5y": 0.5305268457188554, "r2_full": 0.40871721580146547, "corr_portfolio": 0.26206859698627566, "corr_benchmark": 0.3612345235489743, "alpha_pos_frac": 0.6127167630057804, "fund_max_dd": -0.31479763689933393, "first": "2007-09-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "seekx": {"sym": "seekx", "name": "Steward Values Enhanced Large Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006696351390536547, "alpha_t_5y": 0.08766857086018053, "alpha_t_full": -0.12867054523311924, "r2_5y": 0.45849038013118215, "r2_full": 0.8109299829600389, "corr_portfolio": 0.2310765364429176, "corr_benchmark": 0.5179237664575302, "alpha_pos_frac": 0.3968871595330739, "fund_max_dd": -0.5825675869774922, "first": "2004-10-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "sefix": {"sym": "sefix", "name": "SIT INTERNATIONAL FIXED INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0012478435024051947, "alpha_t_5y": 0.11439483992160832, "alpha_t_full": 3.6497922386184154, "r2_5y": 0.40954861869641257, "r2_full": -1.1102230246251565e-15, "corr_portfolio": -0.06249269984844923, "corr_benchmark": 0.4606971400416392, "alpha_pos_frac": 0.5175438596491229, "fund_max_dd": -0.19162356284878257, "first": "1993-09-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "segmx": {"sym": "segmx", "name": "SDIT GNMA FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0036648871095710787, "alpha_t_5y": -0.5620670485485593, "alpha_t_full": 6.665534676296786, "r2_5y": 0.9302805609421816, "r2_full": -8.881784197001252e-16, "corr_portfolio": -0.08346133110711698, "corr_benchmark": 0.6350131261668897, "alpha_pos_frac": 0.45664739884393063, "fund_max_dd": -0.1678801122069168, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sehax": {"sym": "sehax", "name": "SIIT U.S. Equity Factor Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02818014927177541, "alpha_t_5y": 2.2775110622374335, "alpha_t_full": 1.0464897430113995, "r2_5y": 0.9665564390403467, "r2_full": 0.9220142924159225, "corr_portfolio": 0.30231953506887727, "corr_benchmark": 0.6160979462252689, "alpha_pos_frac": 0.425531914893617, "fund_max_dd": -0.3492586443500323, "first": "2018-04-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "seiax": {"sym": "seiax", "name": "SIIT Multi-Asset Real Return Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.035435990088980525, "alpha_t_5y": 3.1751919551670036, "alpha_t_full": 2.1185230216684676, "r2_5y": 0.7773777017443931, "r2_full": 0.7252216131385265, "corr_portfolio": 0.3128935530074972, "corr_benchmark": 0.2406739900426457, "alpha_pos_frac": 0.5144508670520231, "fund_max_dd": -0.21536400628633312, "first": "2011-08-10", "verdict": "weak/unstable alpha", "alpha_name": true}, "seimx": {"sym": "seimx", "name": "STET INTERMEDIATE TERM MUNICIPAL FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004495344604515177, "alpha_t_5y": 0.4442051646889346, "alpha_t_full": 8.206416709573492, "r2_5y": 0.4046364027291729, "r2_full": 7.771561172376096e-16, "corr_portfolio": 0.04405973064368222, "corr_benchmark": 0.32663263392462566, "alpha_pos_frac": 0.5375722543352601, "fund_max_dd": -0.12716247415140003, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "seitx": {"sym": "seitx", "name": "SIT INTERNATIONAL EQUITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01941647764649703, "alpha_t_5y": 0.8052214051840997, "alpha_t_full": 2.1371840225185013, "r2_5y": 0.8611925465577723, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.4288837542768118, "corr_benchmark": 0.47227538947254166, "alpha_pos_frac": 0.5317919075144508, "fund_max_dd": -0.6698421396259855, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sekax": {"sym": "sekax", "name": "DWS Emerging Markets Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.039220621226686285, "alpha_t_5y": -1.0908652249148645, "alpha_t_full": 0.7220156948927172, "r2_5y": 0.8181507370411663, "r2_full": 0.6459388006600679, "corr_portfolio": 0.2695593489825829, "corr_benchmark": 0.4396998155611429, "alpha_pos_frac": 0.5605381165919282, "fund_max_dd": -0.6729679273395023, "first": "2001-08-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "selcx": {"sym": "selcx", "name": "SIMT LARGE CAP GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011427586337357685, "alpha_t_5y": -0.7632852519567954, "alpha_t_full": -1.0660332033048294, "r2_5y": 0.9691753337283107, "r2_full": 0.8978362387628843, "corr_portfolio": 0.18849138746371302, "corr_benchmark": 0.5916173859322118, "alpha_pos_frac": 0.5129310344827587, "fund_max_dd": -0.6793483178225879, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "semcx": {"sym": "semcx", "name": "SIMT MID CAP FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0027186937241462745, "alpha_t_5y": -0.15758553700264447, "alpha_t_full": 3.3879616876821728, "r2_5y": 0.9446023641156249, "r2_full": 0.0, "corr_portfolio": 0.32456600604764446, "corr_benchmark": 0.5482155327426762, "alpha_pos_frac": 0.5964125560538116, "fund_max_dd": -0.6107943666322704, "first": "1993-02-26", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "semvx": {"sym": "semvx", "name": "Hartford Schroders Emerging Markets Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013025847314259329, "alpha_t_5y": -0.4867193199728393, "alpha_t_full": -0.30640370795996913, "r2_5y": 0.8955807520701324, "r2_full": 0.8643985796405302, "corr_portfolio": 0.2925145883835023, "corr_benchmark": 0.45492448806876395, "alpha_pos_frac": 0.4798206278026906, "fund_max_dd": -0.6516824844847663, "first": "2006-04-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sencx": {"sym": "sencx", "name": "Touchstone Large Cap Focused Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013549894226676396, "alpha_t_5y": -0.8368794063037144, "alpha_t_full": 3.975076687843732, "r2_5y": 0.9458177497959606, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.2779910136529435, "corr_benchmark": 0.6010246402270523, "alpha_pos_frac": 0.49416342412451364, "fund_max_dd": -0.5189216515050803, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sequx": {"sym": "sequx", "name": "SEQUOIA FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009908505583831812, "alpha_t_5y": -0.3066582397791132, "alpha_t_full": 4.49565704567186, "r2_5y": 0.8049064535521819, "r2_full": 0.0, "corr_portfolio": 0.261736351513361, "corr_benchmark": 0.5545402637587092, "alpha_pos_frac": 0.5739910313901345, "fund_max_dd": -0.45806087913741567, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "sesvx": {"sym": "sesvx", "name": "SIMT SMALL CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.032460650904273664, "alpha_t_5y": 1.2919861327868791, "alpha_t_full": 0.8346706098303853, "r2_5y": 0.9202656894590417, "r2_full": 0.8960991772699112, "corr_portfolio": 0.3545420642471649, "corr_benchmark": 0.4668359906048155, "alpha_pos_frac": 0.4349775784753363, "fund_max_dd": -0.6179192382860605, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "setax": {"sym": "setax", "name": "SIMT REAL ESTATE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02368958131975872, "alpha_t_5y": 2.1140317039483745, "alpha_t_full": -0.0035375596635215754, "r2_5y": 0.9799265328277035, "r2_full": 0.9680596876876396, "corr_portfolio": 0.23948114174407492, "corr_benchmark": 0.5479606341567896, "alpha_pos_frac": 0.5330739299610895, "fund_max_dd": -0.750582530017067, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sfrex": {"sym": "sfrex", "name": "Schwab Fundamental Global Real Estate Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.022402818684175707, "alpha_t_5y": -0.8329092928298129, "alpha_t_full": -0.9567645096817385, "r2_5y": 0.840951285220923, "r2_full": 0.8847238939862533, "corr_portfolio": 0.3352236988605986, "corr_benchmark": 0.5607923256100893, "alpha_pos_frac": 0.5661764705882353, "fund_max_dd": -0.41977319768955934, "first": "2014-10-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "sgffx": {"sym": "sgffx", "name": "Sparrow Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06181566865427244, "alpha_t_5y": -1.2745082724741263, "alpha_t_full": -0.4324240224099621, "r2_5y": 0.7044008322371422, "r2_full": 0.7509017091697936, "corr_portfolio": 0.13256091003923617, "corr_benchmark": 0.5278545212465834, "alpha_pos_frac": 0.5017182130584192, "fund_max_dd": -0.6209503271343455, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "sggax": {"sym": "sggax", "name": "DWS Large Cap Focus Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04324508708356628, "alpha_t_5y": -2.0173600434049375, "alpha_t_full": -1.585616789700897, "r2_5y": 0.9467408090912138, "r2_full": 0.9228204872859548, "corr_portfolio": 0.1336717075352616, "corr_benchmark": 0.6209051660394521, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.6541001692471631, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sghax": {"sym": "sghax", "name": "DWS Global High Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016847558337764273, "alpha_t_5y": 1.769083709498682, "alpha_t_full": 0.6965392037932705, "r2_5y": 0.854920468872089, "r2_full": 0.748832054349023, "corr_portfolio": 0.32649369270149314, "corr_benchmark": 0.4262495235984756, "alpha_pos_frac": 0.5692307692307692, "fund_max_dd": -0.32148828459353995, "first": "2005-05-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sgidx": {"sym": "sgidx", "name": "Steward Global Equity Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0035734617602481, "alpha_t_5y": 0.15538098068766076, "alpha_t_full": 0.517202309172382, "r2_5y": 0.8679872533970927, "r2_full": 0.9317631742140882, "corr_portfolio": 0.3915294827505413, "corr_benchmark": 0.5804042826275163, "alpha_pos_frac": 0.4744186046511628, "fund_max_dd": -0.5025800762056821, "first": "2008-04-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sginx": {"sym": "sginx", "name": "DWS GNMA Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0018258010446583666, "alpha_t_5y": -0.21059370841182606, "alpha_t_full": 6.4300435518292645, "r2_5y": 0.8896754056135425, "r2_full": 1.1102230246251565e-15, "corr_portfolio": -0.08335630353527378, "corr_benchmark": 0.6375319558394018, "alpha_pos_frac": 0.5384615384615384, "fund_max_dd": -0.173691075062832, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sgmax": {"sym": "sgmax", "name": "SIIT Global Managed Volatility Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.040791345062549826, "alpha_t_5y": 2.4648275786253753, "alpha_t_full": 1.7601159743003258, "r2_5y": 0.8384643452525427, "r2_full": 0.8324628056707588, "corr_portfolio": 0.43515673435682833, "corr_benchmark": 0.5472158076251898, "alpha_pos_frac": 0.45454545454545453, "fund_max_dd": -0.3126983632815715, "first": "2016-02-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "sgoax": {"sym": "sgoax", "name": "SAAT MARKET GROWTH STRATEGY ALLOCATION FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005398240679808884, "alpha_t_5y": -0.4312989177518883, "alpha_t_full": -1.682691769312147, "r2_5y": 0.9528782272592792, "r2_full": 0.9484634842624631, "corr_portfolio": 0.36735511954119016, "corr_benchmark": 0.5729704066794364, "alpha_pos_frac": 0.352059925093633, "fund_max_dd": -0.5790474981209224, "first": "2005-12-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sgovx": {"sym": "sgovx", "name": "First Eagle Overseas Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016935892632514205, "alpha_t_5y": 1.2340326831112887, "alpha_t_full": 5.427519887745804, "r2_5y": 0.9249339454892268, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.37131659810360335, "corr_benchmark": 0.5484847298537936, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.3567757513485754, "first": "1993-09-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sgqax": {"sym": "sgqax", "name": "DWS International Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07176445045582255, "alpha_t_5y": -3.4776180297675996, "alpha_t_full": -0.6177131641982441, "r2_5y": 0.9266308012501394, "r2_full": 0.8850203044690556, "corr_portfolio": 0.2663337154031754, "corr_benchmark": 0.5976862900147283, "alpha_pos_frac": 0.5650224215246636, "fund_max_dd": -0.6277416880542822, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sgvax": {"sym": "sgvax", "name": "Western Asset Mortgage Total Return Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0038432010248348096, "alpha_t_5y": 0.3697019815036992, "alpha_t_full": 5.335419467785382, "r2_5y": 0.8504682316611107, "r2_full": -2.886579864025407e-15, "corr_portfolio": -0.0901440891516294, "corr_benchmark": 0.5682542959329798, "alpha_pos_frac": 0.5897435897435898, "fund_max_dd": -0.19902639285233825, "first": "1992-11-09", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sgyax": {"sym": "sgyax", "name": "SIIT HIGH YIELD BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016702860828673352, "alpha_t_5y": 1.911021913457134, "alpha_t_full": -0.7087444922462058, "r2_5y": 0.8045263785876201, "r2_full": 0.8025740280132225, "corr_portfolio": 0.31694171278908323, "corr_benchmark": 0.40145680817660395, "alpha_pos_frac": 0.5, "fund_max_dd": -0.36448667538894597, "first": "2007-09-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "shgtx": {"sym": "shgtx", "name": "Columbia Seligman Global Technology Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.06627263245914161, "alpha_t_5y": 1.8222177761177385, "alpha_t_full": 4.056506574011264, "r2_5y": 0.898918486551922, "r2_full": 0.0, "corr_portfolio": 0.17537329316549405, "corr_benchmark": 0.5750310677861885, "alpha_pos_frac": 0.450199203187251, "fund_max_dd": -0.7746605055108774, "first": "1994-05-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "shrix": {"sym": "shrix", "name": "Stone Ridge High Yield Reinsurance Risk Premium Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.09307067431754447, "alpha_t_5y": 4.709731685755113, "alpha_t_full": 2.699767499580222, "r2_5y": -2.220446049250313e-16, "r2_full": 7.771561172376096e-16, "corr_portfolio": 0.016399634028212557, "corr_benchmark": 0.02442168922346554, "alpha_pos_frac": NaN, "fund_max_dd": -0.19666066298257434, "first": "2013-02-04", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "shssx": {"sym": "shssx", "name": "BLACKROCK HEALTH SCIENCES OPPORTUNITIES PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0016039703108122118, "alpha_t_5y": -0.03927557377478763, "alpha_t_full": 2.648360600417434, "r2_5y": 0.5643132440839471, "r2_full": 0.6413848003483096, "corr_portfolio": 0.2451418425430114, "corr_benchmark": 0.5090234422780319, "alpha_pos_frac": 0.5106382978723404, "fund_max_dd": -0.3748471055849134, "first": "2000-10-17", "verdict": "weak/unstable alpha", "alpha_name": false}, "shtix": {"sym": "shtix", "name": "INVESCO Short Duration Inflation Protected Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016049600026463634, "alpha_t_5y": 2.0542828458402895, "alpha_t_full": 9.646126656416687, "r2_5y": 0.6427011043016546, "r2_full": -4.6629367034256575e-15, "corr_portfolio": 0.01602722882002604, "corr_benchmark": 0.43528677991952797, "alpha_pos_frac": 0.46551724137931033, "fund_max_dd": -0.06722863503184273, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "shyd": {"sym": "shyd", "name": "VanEck Short High Yield Muni ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003749561690218748, "alpha_t_5y": 0.19850730486628096, "alpha_t_full": -0.4500477445956276, "r2_5y": 0.24682831588956833, "r2_full": 0.3148380201492098, "corr_portfolio": 0.13146992836280838, "corr_benchmark": 0.39211902152313366, "alpha_pos_frac": 0.5241379310344828, "fund_max_dd": -0.31218763035796293, "first": "2014-01-15", "verdict": "weak/unstable alpha", "alpha_name": false}, "sibax": {"sym": "sibax", "name": "Sit Balanced Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009252384373562378, "alpha_t_5y": -0.8873957050471799, "alpha_t_full": 0.3705989986955725, "r2_5y": 0.9602258408750499, "r2_full": 0.9324376649540098, "corr_portfolio": 0.20595504782556587, "corr_benchmark": 0.7032581130659004, "alpha_pos_frac": 0.5317919075144508, "fund_max_dd": -0.43619089929283605, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sidcx": {"sym": "sidcx", "name": "SIIT Intermediate Duration Credit Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006240762969567332, "alpha_t_5y": 1.2390508719872269, "alpha_t_full": 1.152864126931777, "r2_5y": 0.9639509382535271, "r2_full": 0.9154700964042504, "corr_portfolio": -0.04716926592943582, "corr_benchmark": 0.7115270265216238, "alpha_pos_frac": 0.5343511450381679, "fund_max_dd": -0.20753324779675086, "first": "2015-04-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sidvx": {"sym": "sidvx", "name": "Hartford Schroders International Multi-Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.040574863018044, "alpha_t_5y": 2.5208601250854312, "alpha_t_full": 0.6656470845278056, "r2_5y": 0.9323740266231927, "r2_full": 0.917586939321668, "corr_portfolio": 0.4478606181489313, "corr_benchmark": 0.5069533968717986, "alpha_pos_frac": 0.5112107623318386, "fund_max_dd": -0.6255064694074307, "first": "2006-09-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "siemx": {"sym": "siemx", "name": "SIT EMERGING MARKETS EQUITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.019613423215800938, "alpha_t_5y": -0.6326914996034602, "alpha_t_full": 2.076204976536777, "r2_5y": 0.8180178070726788, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.32515372380281793, "corr_benchmark": 0.4138071307058858, "alpha_pos_frac": 0.4798206278026906, "fund_max_dd": -0.6521895604214314, "first": "1995-01-18", "verdict": "weak/unstable alpha", "alpha_name": false}, "sifax": {"sym": "sifax", "name": "SIMT MULTI-ASSET INFLATION MANAGED FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02980102793455867, "alpha_t_5y": 2.695956862306355, "alpha_t_full": 1.5744175426039801, "r2_5y": 0.7791830975741248, "r2_full": 0.7191926420446755, "corr_portfolio": 0.3187087270083986, "corr_benchmark": 0.2390740982548418, "alpha_pos_frac": 0.5149700598802395, "fund_max_dd": -0.24742797626420165, "first": "2012-04-10", "verdict": "weak/unstable alpha", "alpha_name": false}, "sigax": {"sym": "sigax", "name": "Western Asset Corporate Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0017424426152703471, "alpha_t_5y": -0.22388717231266664, "alpha_t_full": 4.340742045845624, "r2_5y": 0.9220756445032232, "r2_full": -1.3322676295501878e-15, "corr_portfolio": 0.05656468513916306, "corr_benchmark": 0.7112111195807824, "alpha_pos_frac": 0.45664739884393063, "fund_max_dd": -0.30985299699829283, "first": "1992-11-09", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sihax": {"sym": "sihax", "name": "Guggenheim High Yield Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006722296652160311, "alpha_t_5y": 0.9338443074925127, "alpha_t_full": 6.070338369267632, "r2_5y": 0.8407063996425604, "r2_full": 0.0, "corr_portfolio": 0.30376366375251307, "corr_benchmark": 0.43050732153395166, "alpha_pos_frac": 0.49828178694158076, "fund_max_dd": -0.3672000915099686, "first": "1996-08-06", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "sims": {"sym": "sims", "name": "State Street(R) SPDR(R) S&P Kensho Intelligent Structures ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09079936036228002, "alpha_t_5y": -2.1329911451118977, "alpha_t_full": -1.3446864218323322, "r2_5y": 0.836372995174214, "r2_full": 0.7989873667334322, "corr_portfolio": 0.20143190197643304, "corr_benchmark": 0.565640804302055, "alpha_pos_frac": 0.5612244897959183, "fund_max_dd": -0.43969988872821086, "first": "2017-12-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "sioax": {"sym": "sioax", "name": "SIMT MULTI-ASSET INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014537259779691733, "alpha_t_5y": 1.8693036401798908, "alpha_t_full": 2.2624177895387705, "r2_5y": 0.8242395177988513, "r2_full": 0.7457014660275068, "corr_portfolio": 0.2938126221954463, "corr_benchmark": 0.6592508517591171, "alpha_pos_frac": 0.5269461077844312, "fund_max_dd": -0.221002354954007, "first": "2012-04-10", "verdict": "weak/unstable alpha", "alpha_name": true}, "sisax": {"sym": "sisax", "name": "SAAT TAX-MANAGED AGGRESSIVE STRATEGY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0013327547009734386, "alpha_t_5y": -0.10656625670630157, "alpha_t_full": -0.97113501301064, "r2_5y": 0.9530580459076423, "r2_full": 0.9480584512156965, "corr_portfolio": 0.36808917357934706, "corr_benchmark": 0.5736806206271986, "alpha_pos_frac": 0.5450980392156862, "fund_max_dd": -0.5625924545912557, "first": "2003-11-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sislx": {"sym": "sislx", "name": "Shelton International Select Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009406885085985845, "alpha_t_5y": -0.27063925848643, "alpha_t_full": 0.5740255182834401, "r2_5y": 0.702680701559541, "r2_full": 0.7598349389240905, "corr_portfolio": 0.3563906502442917, "corr_benchmark": 0.4928378172201514, "alpha_pos_frac": 0.5181818181818182, "fund_max_dd": -0.3284819363262077, "first": "2017-01-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "sitex": {"sym": "sitex", "name": "SIT EMERGING MARKETS DEBT FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010803063278229238, "alpha_t_5y": 0.5333867654597558, "alpha_t_full": 3.860651195173153, "r2_5y": 0.5241101324987846, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.2615833697542279, "corr_benchmark": 0.36050442633597257, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.4523364221058086, "first": "1997-06-27", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "siusx": {"sym": "siusx", "name": "Guggenheim Core Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004265367098613013, "alpha_t_5y": 0.8764831555536474, "alpha_t_full": 11.622499517567292, "r2_5y": 0.9596867480274975, "r2_full": -2.886579864025407e-15, "corr_portfolio": -0.1089439163270465, "corr_benchmark": 0.67040323659489, "alpha_pos_frac": 0.5722543352601156, "fund_max_dd": -0.21618616339512142, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sivix": {"sym": "sivix", "name": "State Street Institutional Small-Cap Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011800422259332154, "alpha_t_5y": -0.6196249243058183, "alpha_t_full": 1.1054880543074512, "r2_5y": 0.9500363648014736, "r2_full": 0.901231917604053, "corr_portfolio": 0.28430092024388015, "corr_benchmark": 0.47584840078603974, "alpha_pos_frac": 0.5333333333333333, "fund_max_dd": -0.5651868910185377, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sjnk": {"sym": "sjnk", "name": "State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006704004116533737, "alpha_t_5y": 0.5894079098061572, "alpha_t_full": -0.5069033213131632, "r2_5y": 0.7692406667371309, "r2_full": 0.7196794219900097, "corr_portfolio": 0.2587047113092735, "corr_benchmark": 0.5954107173967865, "alpha_pos_frac": 0.5508982035928144, "fund_max_dd": -0.19739653287678027, "first": "2012-04-10", "verdict": "weak/unstable alpha", "alpha_name": false}, "skirx": {"sym": "skirx", "name": "DWS Enhanced Commodity Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005456328973882724, "alpha_t_5y": -0.2193854783646904, "alpha_t_full": 0.18495467515709588, "r2_5y": 0.8484327244896556, "r2_full": 0.7701949771134741, "corr_portfolio": 0.22790620018233054, "corr_benchmark": 0.1284409098397757, "alpha_pos_frac": 0.4956896551724138, "fund_max_dd": -0.6752435900395654, "first": "2006-10-31", "verdict": "weak/unstable alpha", "alpha_name": false}, "sktax": {"sym": "sktax", "name": "SAAT CORE MARKET STRATEGY ALLOCATION FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0017796385820403559, "alpha_t_5y": -0.14143143667420138, "alpha_t_full": -1.3983846651018481, "r2_5y": 0.9525647939855801, "r2_full": 0.9324224728012285, "corr_portfolio": 0.3679266651230321, "corr_benchmark": 0.5729227015563962, "alpha_pos_frac": 0.5490196078431373, "fund_max_dd": -0.5888170171214142, "first": "2003-11-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "slanx": {"sym": "slanx", "name": "DWS Latin America Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013184546944373592, "alpha_t_5y": 0.18551198452510057, "alpha_t_full": 0.8858822281224015, "r2_5y": 0.4660752920671307, "r2_full": 0.5592764491453548, "corr_portfolio": 0.28544211376499207, "corr_benchmark": 0.3845797400817661, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.7072614029112081, "first": "2001-08-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "slasx": {"sym": "slasx", "name": "SELECTED AMERICAN SHARES", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009214596539921403, "alpha_t_5y": 0.3197627642982426, "alpha_t_full": 3.891349512769294, "r2_5y": 0.8638981433465809, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.32202831188452274, "corr_benchmark": 0.5305838830386695, "alpha_pos_frac": 0.49800796812749004, "fund_max_dd": -0.5843114971131771, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "slcax": {"sym": "slcax", "name": "SIIT LARGE CAP FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005176937024704141, "alpha_t_5y": 0.5891436028748195, "alpha_t_full": -0.6412152615173106, "r2_5y": 0.9824396171664099, "r2_full": 0.9445796053673585, "corr_portfolio": 0.3296386208769951, "corr_benchmark": 0.578615646826996, "alpha_pos_frac": 0.6036036036036037, "fund_max_dd": -0.551692769106434, "first": "2007-09-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sldax": {"sym": "sldax", "name": "SIIT Long Duration Credit Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0010640403849777088, "alpha_t_5y": -0.1373512509689739, "alpha_t_full": -0.6531661792151251, "r2_5y": 0.9763107234657556, "r2_full": 0.8965446723218584, "corr_portfolio": -0.059043176036376, "corr_benchmark": 0.7120451921488067, "alpha_pos_frac": 0.573170731707317, "fund_max_dd": -0.35280107780149883, "first": "2012-07-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sldbx": {"sym": "sldbx", "name": "SIIT Limited Duration Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003861886879724423, "alpha_t_5y": -0.5875316906430302, "alpha_t_full": 4.316695217762467, "r2_5y": 0.6714420770856009, "r2_full": 0.5845369489551919, "corr_portfolio": -0.026996617428932335, "corr_benchmark": 0.40660779694236615, "alpha_pos_frac": 0.48201438848920863, "fund_max_dd": -0.056691724885013506, "first": "2014-08-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "slgax": {"sym": "slgax", "name": "SIMT Large Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0068476207329894855, "alpha_t_5y": -0.7123069955189603, "alpha_t_full": -0.5416241199701342, "r2_5y": 0.9805970104632011, "r2_full": 0.8836114548762178, "corr_portfolio": 0.3123137860479798, "corr_benchmark": 0.55681413610476, "alpha_pos_frac": 0.4873096446700508, "fund_max_dd": -0.3679565697094276, "first": "2009-10-02", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "sngvx": {"sym": "sngvx", "name": "SIT U S GOVERNMENT SECURITIES FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016676185966423576, "alpha_t_5y": 2.364427494172982, "alpha_t_full": 8.865780883560703, "r2_5y": 0.7837992650141582, "r2_full": -1.5543122344752192e-15, "corr_portfolio": -0.11713183173217045, "corr_benchmark": 0.5155697771330827, "alpha_pos_frac": 0.4717948717948718, "fund_max_dd": -0.08879524335166755, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "snidx": {"sym": "snidx", "name": "AB Core Bond Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0015587657665708814, "alpha_t_5y": 0.21993466163798703, "alpha_t_full": 6.3222946571123835, "r2_5y": 0.9128203705032407, "r2_full": -1.1102230246251565e-15, "corr_portfolio": -0.09989990156377518, "corr_benchmark": 0.6679079408397266, "alpha_pos_frac": 0.5333333333333333, "fund_max_dd": -0.1847427513676898, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "spab": {"sym": "spab", "name": "State Street(R) SPDR(R) Portfolio Aggregate Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008775165337568157, "alpha_t_5y": -1.9068203123160998, "alpha_t_full": -0.3133706646028445, "r2_5y": 0.9765235421952405, "r2_full": 0.7238076862794007, "corr_portfolio": -0.08888726589607811, "corr_benchmark": 0.7062221452746815, "alpha_pos_frac": 0.5953757225433526, "fund_max_dd": -0.18555793701641843, "first": "2007-05-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spbo": {"sym": "spbo", "name": "State Street(R) SPDR Portfolio Corporate Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0026385070100163467, "alpha_t_5y": -0.37660085425460554, "alpha_t_full": -0.049446498050782474, "r2_5y": 0.9444481987972297, "r2_full": 0.5161666158116962, "corr_portfolio": -0.017453918791769562, "corr_benchmark": 0.6885131577942624, "alpha_pos_frac": 0.49710982658959535, "fund_max_dd": -0.22039506767691308, "first": "2011-04-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spdax": {"sym": "spdax", "name": "DWS Multi-Asset Conservative Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011801855355483922, "alpha_t_5y": -2.212205306714407, "alpha_t_full": -1.2455951304378785, "r2_5y": 0.9735155269540164, "r2_full": 0.8114240967803583, "corr_portfolio": 0.2846451716501803, "corr_benchmark": 0.7872846005874587, "alpha_pos_frac": 0.6098654708520179, "fund_max_dd": -0.43004166466637084, "first": "2001-01-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spdw": {"sym": "spdw", "name": "State Street(R) SPDR(R) Portfolio Developed World ex-US ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00017528422490324173, "alpha_t_5y": -0.04602209761126445, "alpha_t_full": -1.6889178894491574, "r2_5y": 0.997011767393215, "r2_full": 0.9068939095034814, "corr_portfolio": 0.3666720952997476, "corr_benchmark": 0.5547101706120205, "alpha_pos_frac": 0.4663677130044843, "fund_max_dd": -0.6002180326553332, "first": "2007-04-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "specx": {"sym": "specx", "name": "Alger Spectra Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02873701752040295, "alpha_t_5y": -0.35039100314095806, "alpha_t_full": 0.48148727499643196, "r2_5y": 0.6326038831857101, "r2_full": 0.7607694317249195, "corr_portfolio": 0.10154250257861976, "corr_benchmark": 0.519900179162112, "alpha_pos_frac": 0.5913312693498453, "fund_max_dd": -0.8420370388314375, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "spedx": {"sym": "spedx", "name": "Alger Dynamic Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": -2.0867000181585875, "r2_5y": NaN, "r2_full": 0.656634915737982, "corr_portfolio": 0.1555013257947815, "corr_benchmark": 0.4515214209563395, "alpha_pos_frac": 0.5571428571428572, "fund_max_dd": -0.2152230715317427, "first": "2009-11-06", "verdict": "no 5y window", "alpha_name": false}, "spegx": {"sym": "spegx", "name": "Alger Responsible Investing Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03267895295095615, "alpha_t_5y": -1.4912892301576242, "alpha_t_full": -2.16393297559301, "r2_5y": 0.9420947906891999, "r2_full": 0.8959642780406385, "corr_portfolio": 0.16534361471522863, "corr_benchmark": 0.6169070921880421, "alpha_pos_frac": 0.5, "fund_max_dd": -0.6728879916940299, "first": "2000-12-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spem": {"sym": "spem", "name": "State Street(R) SPDR(R) Portfolio Emerging Markets ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003635605102944315, "alpha_t_5y": 0.592431503983361, "alpha_t_full": -0.1696642093253964, "r2_5y": 0.9930526921575935, "r2_full": 0.9292967827295887, "corr_portfolio": 0.2671702087606569, "corr_benchmark": 0.4713164625605704, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.6440955976281577, "first": "2007-03-26", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "speu": {"sym": "speu", "name": "State Street(R) SPDR(R) Portfolio Europe ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0026234284720041976, "alpha_t_5y": 0.17120943070116046, "alpha_t_full": -0.5733159684659538, "r2_5y": 0.955872934127543, "r2_full": 0.8654473119656706, "corr_portfolio": 0.35389156420011014, "corr_benchmark": 0.5179063666389895, "alpha_pos_frac": 0.47085201793721976, "fund_max_dd": -0.624535155154798, "first": "2002-10-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spfax": {"sym": "spfax", "name": "PGIM JENNISON FOCUSED GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08066730975056526, "alpha_t_5y": -2.4896623333840404, "alpha_t_full": -0.3889530332458385, "r2_5y": 0.9073045815944027, "r2_full": 0.8503540324516804, "corr_portfolio": 0.07841243536706055, "corr_benchmark": 0.5831294902482805, "alpha_pos_frac": 0.511326860841424, "fund_max_dd": -0.618918023926341, "first": "2000-06-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spgbx": {"sym": "spgbx", "name": "Symmetry Panoramic Global Systematic Fixed Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0032718490558446825, "alpha_t_5y": -0.38735219621085737, "alpha_t_full": 0.3045268889516467, "r2_5y": 0.808585026238117, "r2_full": 0.7652539847798656, "corr_portfolio": -0.14366390427942927, "corr_benchmark": 0.6459191015468991, "alpha_pos_frac": 0.5747126436781609, "fund_max_dd": -0.17025727605395313, "first": "2018-11-13", "verdict": "weak/unstable alpha", "alpha_name": false}, "spgex": {"sym": "spgex", "name": "Symmetry Panoramic Global Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00776162172509829, "alpha_t_5y": 0.43297184687245494, "alpha_t_full": 1.174697780341041, "r2_5y": 0.9207427428356743, "r2_full": 0.5897780226710789, "corr_portfolio": 0.2883422078162079, "corr_benchmark": 0.5507913458529868, "alpha_pos_frac": 0.632183908045977, "fund_max_dd": -0.3695271757021328, "first": "2018-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spgm": {"sym": "spgm", "name": "State Street(R) SPDR(R) Portfolio MSCI Global Stock Market ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00024178169468659717, "alpha_t_5y": -0.0319330104434332, "alpha_t_full": -0.05020787554655435, "r2_5y": 0.9873398336117499, "r2_full": 0.7169972289918817, "corr_portfolio": 0.28698717938703766, "corr_benchmark": 0.5432318229197318, "alpha_pos_frac": 0.5, "fund_max_dd": -0.3396738951253594, "first": "2012-03-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spgp": {"sym": "spgp", "name": "Invesco S&P 500 GARP ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013040476859804924, "alpha_t_5y": -0.48385991687579066, "alpha_t_full": -0.2058903521379176, "r2_5y": 0.8784733124401407, "r2_full": 0.7896976648209508, "corr_portfolio": 0.31920069445985383, "corr_benchmark": 0.56262163552692, "alpha_pos_frac": 0.5340909090909091, "fund_max_dd": -0.4208225767219662, "first": "2011-06-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spgsx": {"sym": "spgsx", "name": "State Street Premier Growth Equity V.I.S. 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not alpha-driven", "alpha_name": false}, "sphd": {"sym": "sphd", "name": "Invesco S&P 500 High Dividend Low Volatility ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020013334236912643, "alpha_t_5y": 0.7503653309984901, "alpha_t_full": 1.6297459548226905, "r2_5y": 0.8030816250373679, "r2_full": 0.8580313136878708, "corr_portfolio": 0.4030764787926089, "corr_benchmark": 0.48626547377841384, "alpha_pos_frac": 0.4875, "fund_max_dd": -0.41386653878324575, "first": "2012-10-31", "verdict": "weak/unstable alpha", "alpha_name": false}, "sphq": {"sym": "sphq", "name": "Invesco S&P 500 Quality ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009030496974708022, "alpha_t_5y": 0.4099641938590608, "alpha_t_full": -0.25635857228944, "r2_5y": 0.8998954646430652, "r2_full": 0.8412419165894096, "corr_portfolio": 0.2989056662430717, "corr_benchmark": 0.5929751963390164, "alpha_pos_frac": 0.5919282511210763, "fund_max_dd": -0.5782945183268314, "first": "2005-12-07", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sphy": {"sym": "sphy", "name": "State Street(R) SPDR(R) Portfolio High Yield Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007097976369002419, "alpha_t_5y": -0.5110209415629007, "alpha_t_full": -0.3703629322569994, "r2_5y": 0.7727184709910928, "r2_full": 0.4604804281298386, "corr_portfolio": 0.1697475904406023, "corr_benchmark": 0.5288416057624873, "alpha_pos_frac": 0.47560975609756095, "fund_max_dd": -0.21969347136238093, "first": "2012-06-20", "verdict": "weak/unstable alpha", "alpha_name": false}, "spiax": {"sym": "spiax", "name": "INVESCO S&P 500 INDEX FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0036076472329145833, "alpha_t_5y": -0.6944919032379421, "alpha_t_full": -0.7098730243796899, "r2_5y": 0.9945484116712227, "r2_full": 0.974703417245957, "corr_portfolio": 0.2811324033552422, "corr_benchmark": 0.614014845380336, "alpha_pos_frac": 0.5275080906148867, "fund_max_dd": -0.5547379767424678, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spib": {"sym": "spib", "name": "State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00571210249968369, "alpha_t_5y": 1.1637786917384991, "alpha_t_full": 0.47562020691453577, "r2_5y": 0.9283617626933592, "r2_full": 0.6195925712934713, "corr_portfolio": 0.005872417331564821, "corr_benchmark": 0.6877273324311332, "alpha_pos_frac": 0.42196531791907516, "fund_max_dd": -0.14936516197717886, "first": "2009-02-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spilx": {"sym": "spilx", "name": "Symmetry Panoramic International Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00936584541478266, "alpha_t_5y": 0.4726004726186001, "alpha_t_full": 1.139045344893702, "r2_5y": 0.9011469465607647, "r2_full": 0.5929308734675249, "corr_portfolio": 0.29779517726539106, "corr_benchmark": 0.4860863098815355, "alpha_pos_frac": 0.5517241379310345, "fund_max_dd": -0.3669319148593564, "first": "2018-11-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spinx": {"sym": "spinx", "name": "SIIT S&P 500 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0007172643292104062, "alpha_t_5y": -0.13585439226678814, "alpha_t_full": -0.05095676750133078, "r2_5y": 0.9944047323801959, "r2_full": 0.9505451740994243, "corr_portfolio": 0.28227146598425684, "corr_benchmark": 0.6060957722112987, "alpha_pos_frac": 0.5205479452054794, "fund_max_dd": -0.3381615912609902, "first": "2013-12-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spip": {"sym": "spip", "name": "State Street(R) SPDR(R) Portfolio TIPS ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0048709277529006886, "alpha_t_5y": 0.32220832572127733, "alpha_t_full": 0.1812102749874382, "r2_5y": 0.6875014838599536, "r2_full": 0.6143734091864357, "corr_portfolio": -0.05338143466673184, "corr_benchmark": 0.616785627284084, "alpha_pos_frac": 0.5288888888888889, "fund_max_dd": -0.15384320672535434, "first": "2007-05-31", "verdict": "weak/unstable alpha", "alpha_name": false}, "splb": {"sym": "splb", "name": "State Street(R) SPDR(R) Portfolio Long Term Corporate Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01766952833932109, "alpha_t_5y": -1.4317825828448587, "alpha_t_full": -1.3774868464251933, "r2_5y": 0.945494847269593, "r2_full": 0.721631357922539, "corr_portfolio": -0.024592984363954094, "corr_benchmark": 0.7850195034216941, "alpha_pos_frac": 0.43352601156069365, "fund_max_dd": -0.34461214366904447, "first": "2009-03-12", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "sshfx": {"sym": "sshfx", "name": "Sound Shore Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013083425976870308, "alpha_t_5y": 0.5166236996552483, "alpha_t_full": 3.6405056992504456, "r2_5y": 0.8746138969379686, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.37518854442834615, "corr_benchmark": 0.5427631973380292, "alpha_pos_frac": 0.48878923766816146, "fund_max_dd": -0.5262426446238028, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ssifx": {"sym": "ssifx", "name": "Saturna International Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01889892482374529, "alpha_t_5y": -0.5938541094052124, "alpha_t_full": 3.007691818831995, "r2_5y": 0.843481332620236, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.21056869713557577, "corr_benchmark": 0.5995337613150674, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.5624479281017112, "first": "1995-09-29", "verdict": "weak/unstable alpha", "alpha_name": false}, "ssmax": {"sym": "ssmax", "name": "SIIT SMALL MID CAP EQUITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013699272139176311, "alpha_t_5y": -0.8577849649269798, "alpha_t_full": -1.7348365835481498, "r2_5y": 0.9609417817295431, "r2_full": 0.9233551671611582, "corr_portfolio": 0.31147828706163755, "corr_benchmark": 0.5262843223931724, "alpha_pos_frac": 0.6081081081081081, "fund_max_dd": -0.628231017564227, "first": "2007-09-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sspix": {"sym": "sspix", "name": "SIMT S&P 500 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0018104061886455578, "alpha_t_5y": -0.40447978741656776, "alpha_t_full": -0.23873630076138666, "r2_5y": 0.9959617316733521, "r2_full": 0.9583786490363579, "corr_portfolio": 0.28268726919998716, "corr_benchmark": 0.6052421363701266, "alpha_pos_frac": 0.5339805825242718, "fund_max_dd": -0.5565430493206387, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "stbax": {"sym": "stbax", "name": "INVESCO Short Term Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013712535945071855, "alpha_t_5y": -1.8251898904617645, "alpha_t_full": 1.6736458119767297, "r2_5y": 0.593848313021521, "r2_full": 0.35032248124438203, "corr_portfolio": 0.07409511028295458, "corr_benchmark": 0.369882680089354, "alpha_pos_frac": 0.5897435897435898, "fund_max_dd": -0.09450564540684947, "first": "2004-05-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "stdax": {"sym": "stdax", "name": "SAAT DEFENSIVE STRATEGY ALLOCATION FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02420072451412618, "alpha_t_5y": 7.7397807503997775, "alpha_t_full": 0.5131855299956459, "r2_5y": 0.4572067622154794, "r2_full": 0.4485000590932541, "corr_portfolio": 0.2997942396937014, "corr_benchmark": 0.36455296457093567, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.5292226980025216, "first": "2003-11-18", "verdict": "weak/unstable alpha", "alpha_name": false}, "stesx": {"sym": "stesx", "name": "International Strategic Equities Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011401337155341213, "alpha_t_5y": 0.6242830440630632, "alpha_t_full": -0.41792044434761, "r2_5y": 0.9324021429365723, "r2_full": 0.9311689108143243, "corr_portfolio": 0.36473982533080646, "corr_benchmark": 0.5584301971305775, "alpha_pos_frac": 0.45081967213114754, "fund_max_dd": -0.36859764235254533, "first": "2015-12-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sthyx": {"sym": "sthyx", "name": "AB Sustainable Thematic Credit Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.018791525053314825, "alpha_t_5y": -2.420027999027345, "alpha_t_full": -2.420027999027345, "r2_5y": 0.952006775057278, "r2_full": 0.952006775057278, "corr_portfolio": -0.07957782730036313, "corr_benchmark": 0.8109439947762732, "alpha_pos_frac": 0.6724137931034483, "fund_max_dd": -0.24272254624496137, "first": "2021-05-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "stiax": {"sym": "stiax", "name": "Federated Hermes Strategic Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0005753237576961546, "alpha_t_5y": -0.06365827499313467, "alpha_t_full": 7.57948755860699, "r2_5y": 0.8168418303133194, "r2_full": -8.881784197001252e-16, "corr_portfolio": 0.25381585705098425, "corr_benchmark": 0.6302474531575851, "alpha_pos_frac": 0.5230769230769231, "fund_max_dd": -0.22115550758243252, "first": "1994-05-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "stmsx": {"sym": "stmsx", "name": "SIMT TAX-MANAGED SMALL/MID CAP FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004467718457526957, "alpha_t_5y": -0.2647628491319508, "alpha_t_full": -0.623033312106436, "r2_5y": 0.9580559845652521, "r2_full": 0.9325926911426824, "corr_portfolio": 0.3180557327903571, "corr_benchmark": 0.5302914246985766, "alpha_pos_frac": 0.5317919075144508, "fund_max_dd": -0.6077818374490643, "first": "2000-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "stsvx": {"sym": "stsvx", "name": "BNY Mellon Small Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006012182730484868, "alpha_t_5y": -0.2590203891118895, "alpha_t_full": 1.2684497843022136, "r2_5y": 0.9303605673013898, "r2_full": 0.9230349697044702, "corr_portfolio": 0.3313703865662111, "corr_benchmark": 0.4808594821700588, "alpha_pos_frac": 0.47844827586206895, "fund_max_dd": -0.5804729586881874, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "suhax": {"sym": "suhax", "name": "DWS Health and Wellness Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014564654760336306, "alpha_t_5y": -0.343145089199666, "alpha_t_full": 0.5736801557108737, "r2_5y": 0.5503939059192983, "r2_full": 0.649001359008396, "corr_portfolio": 0.22652269774731623, "corr_benchmark": 0.5012666223702624, "alpha_pos_frac": 0.5234042553191489, "fund_max_dd": -0.41645234070476567, "first": "2001-01-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "suiax": {"sym": "suiax", "name": "DWS CROCI International Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03818064326379695, "alpha_t_5y": 1.7778146106420047, "alpha_t_full": 0.29149109727269384, "r2_5y": 0.8932723598754265, "r2_full": 0.8735455470219917, "corr_portfolio": 0.4209251849996812, "corr_benchmark": 0.4918830820703518, "alpha_pos_frac": 0.47368421052631576, "fund_max_dd": -0.640634373931622, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "supax": {"sym": "supax", "name": "DWS Equity Sector Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0049845196225903774, "alpha_t_5y": -0.5423585648131964, "alpha_t_full": -1.291692077986351, "r2_5y": 0.9795119391399831, "r2_full": 0.9036193583783392, "corr_portfolio": 0.2921579422460209, "corr_benchmark": 0.6380923190743013, "alpha_pos_frac": 0.5219123505976095, "fund_max_dd": -0.4675861419778574, "first": "2001-01-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "susax": {"sym": "susax", "name": "SIIT Ultra Short Duration Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007742222171850335, "alpha_t_5y": 1.3765936769399478, "alpha_t_full": 3.265280059441474, "r2_5y": 0.38367978605913533, "r2_full": 0.2646601178862543, "corr_portfolio": 0.061993289840728334, "corr_benchmark": 0.20024529991524423, "alpha_pos_frac": 0.4277456647398844, "fund_max_dd": -0.042828794357573585, "first": "2011-06-23", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "suvax": {"sym": "suvax", "name": "PGIM QUANT SOLUTIONS LARGE-CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.026828357773574944, "alpha_t_5y": 1.2767384278222496, "alpha_t_full": -0.825187808076319, "r2_5y": 0.9082079744012233, "r2_full": 0.9037255399477937, "corr_portfolio": 0.41165082045003365, "corr_benchmark": 0.483089502078413, "alpha_pos_frac": 0.4618834080717489, "fund_max_dd": -0.6043293776397148, "first": "2001-04-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "suwax": {"sym": "suwax", "name": "DWS Core Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005643653146978301, "alpha_t_5y": -0.5642872784024214, "alpha_t_full": -1.0293214849388699, "r2_5y": 0.9803026070493739, "r2_full": 0.9538731967459898, "corr_portfolio": 0.29197188686979636, "corr_benchmark": 0.6089323844976346, "alpha_pos_frac": 0.4886731391585761, "fund_max_dd": -0.554232167248415, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "svaax": {"sym": "svaax", "name": "Federated Hermes Strategic Value Dividend Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04198285058759409, "alpha_t_5y": 1.6622925991950765, "alpha_t_full": 1.4847739661458834, "r2_5y": 0.7784883597960052, "r2_full": 0.7951667908004061, "corr_portfolio": 0.42668603626810436, "corr_benchmark": 0.5037422952096241, "alpha_pos_frac": 0.4808510638297872, "fund_max_dd": -0.510372946340051, "first": "2005-03-29", "verdict": "weak/unstable alpha", "alpha_name": false}, "svoax": {"sym": "svoax", "name": "SIMT US MANAGED VOLATILITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009533461790044077, "alpha_t_5y": 0.470508989163689, "alpha_t_full": 0.9221323588987997, "r2_5y": 0.8399178858358651, "r2_full": 0.8174034858087845, "corr_portfolio": 0.3898118314406364, "corr_benchmark": 0.5225520921932116, "alpha_pos_frac": 0.5390625, "fund_max_dd": -0.4721887949833474, "first": "2004-11-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "svsax": {"sym": "svsax", "name": "SAAT CONSERVATIVE STRATEGY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01588865412113439, "alpha_t_5y": 2.761271897129269, "alpha_t_full": 0.7534861469457635, "r2_5y": 0.8543613662032554, "r2_full": 0.5884114123289674, "corr_portfolio": 0.3430520842416221, "corr_benchmark": 0.7426609420966029, "alpha_pos_frac": 0.6591928251121076, "fund_max_dd": -0.27314342023018934, "first": "2003-11-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "svspx": {"sym": "svspx", "name": "State Street S&P 500 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0008802392147028313, "alpha_t_5y": -0.1445445713044132, "alpha_t_full": -0.12746629214368943, "r2_5y": 0.9925104533567962, "r2_full": 0.9812324722586022, "corr_portfolio": 0.2853088097503285, "corr_benchmark": 0.6115950907360761, "alpha_pos_frac": 0.43042071197411, "fund_max_dd": -0.5531441030828776, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "svtax": {"sym": "svtax", "name": "SIMT GLOBAL MANAGED VOLATILITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014097918445190845, "alpha_t_5y": 0.7797121240185362, "alpha_t_full": -0.02462874635100956, "r2_5y": 0.8016265563860591, "r2_full": 0.8086666564837827, "corr_portfolio": 0.408274099173005, "corr_benchmark": 0.5459839273827453, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.4467053262715269, "first": "2006-07-31", "verdict": "weak/unstable alpha", "alpha_name": false}, "svyax": {"sym": "svyax", "name": "SIIT U.S. Managed Volatility Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020579840489706184, "alpha_t_5y": 1.0168446441531735, "alpha_t_full": 1.0811939167274223, "r2_5y": 0.8382916810012147, "r2_full": 0.8344445524739372, "corr_portfolio": 0.40285544921308425, "corr_benchmark": 0.5328653877594982, "alpha_pos_frac": 0.5658536585365853, "fund_max_dd": -0.33986027432380417, "first": "2009-01-12", "verdict": "weak/unstable alpha", "alpha_name": false}, "swasx": {"sym": "swasx", "name": "Schwab Global Real Estate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01914023189287084, "alpha_t_5y": -1.0827761421347397, "alpha_t_full": -2.5661266529368065, "r2_5y": 0.9228679476635455, "r2_full": 0.9251742998039402, "corr_portfolio": 0.3269993025732362, "corr_benchmark": 0.5971449700188743, "alpha_pos_frac": 0.5650224215246636, "fund_max_dd": -0.694773819014467, "first": "2007-06-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "swrlx": {"sym": "swrlx", "name": "Touchstone International Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03876108226115115, "alpha_t_5y": 1.814616159722308, "alpha_t_full": 3.1434704031163885, "r2_5y": 0.8877429512892959, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.37510261553513957, "corr_benchmark": 0.5120780658521424, "alpha_pos_frac": 0.40358744394618834, "fund_max_dd": -0.5944175924740822, "first": "1993-03-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sxmax": {"sym": "sxmax", "name": "SAAT MODERATE STRATEGY ALLOCATION FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0118786980026977, "alpha_t_5y": 0.9977662296983482, "alpha_t_full": 0.8967177858784864, "r2_5y": 0.8987664632006542, "r2_full": 0.8240798883801634, "corr_portfolio": 0.40463158712067815, "corr_benchmark": 0.5640955491403198, "alpha_pos_frac": 0.6143497757847534, "fund_max_dd": -0.5255335721711414, "first": "2003-11-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sxpax": {"sym": "sxpax", "name": "DWS S&P 500 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0039167016979481314, "alpha_t_5y": -1.0155405875893648, "alpha_t_full": -1.2755754866966786, "r2_5y": 0.9970005028583474, "r2_full": 0.9905294370192737, "corr_portfolio": 0.2828495808179668, "corr_benchmark": 0.61639622759402, "alpha_pos_frac": 0.4246031746031746, "fund_max_dd": -0.5562394220985549, "first": "2005-02-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "szcax": {"sym": "szcax", "name": "DWS Small Cap Core Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02952280010982999, "alpha_t_5y": 1.0259831129314807, "alpha_t_full": 0.12097698862660036, "r2_5y": 0.8600214142607125, "r2_full": 0.9205346950644352, "corr_portfolio": 0.31285570819166586, "corr_benchmark": 0.48134626815813114, "alpha_pos_frac": 0.5872340425531914, "fund_max_dd": -0.6333283238018051, "first": "2001-06-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "szeax": {"sym": "szeax", "name": "DWS Emerging Markets Fixed Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0021542630724763036, "alpha_t_5y": -0.10126020406194948, "alpha_t_full": 1.6188677458102654, "r2_5y": 0.39489082491203087, "r2_full": 0.3248153309465407, "corr_portfolio": 0.2707928490772545, "corr_benchmark": 0.3772732940016355, "alpha_pos_frac": 0.6143497757847534, "fund_max_dd": -0.35345940925865793, "first": "2001-11-13", "verdict": "weak/unstable alpha", "alpha_name": false}, "sziax": {"sym": "sziax", "name": "DWS Total Return Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0016945461177960586, "alpha_t_5y": -0.306214913266044, "alpha_t_full": -2.2697510411794366, "r2_5y": 0.9450013619493002, "r2_full": 0.7403247259155552, "corr_portfolio": -0.04056781209155129, "corr_benchmark": 0.7085695750131078, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.2120569026374849, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "szmax": {"sym": "szmax", "name": "DWS Intermediate Tax-Free Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006170114369485656, "alpha_t_5y": 0.6396519258380753, "alpha_t_full": 3.1042260074832124, "r2_5y": 0.4359057680466266, "r2_full": -3.9968028886505635e-15, "corr_portfolio": 0.02402987923937379, "corr_benchmark": 0.35826906746258946, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.1505290092645981, "first": "2001-06-12", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "taclx": {"sym": "taclx", "name": "Touchstone Large Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013099034818381485, "alpha_t_5y": -0.5952412188732562, "alpha_t_full": -0.6349342602873209, "r2_5y": 0.872963405258891, "r2_full": 0.9159522408404469, "corr_portfolio": 0.3243297340692296, "corr_benchmark": 0.5711878487341614, "alpha_pos_frac": 0.5285714285714286, "fund_max_dd": -0.3421231281166708, "first": "2014-07-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "taftx": {"sym": "taftx", "name": "Tax-Exempt Fund of California", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0033529160562558234, "alpha_t_5y": 0.2594376407676425, "alpha_t_full": 7.951625012486747, "r2_5y": 0.3816024960342891, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.028709077056261162, "corr_benchmark": 0.3485239948649605, "alpha_pos_frac": 0.5758754863813229, "fund_max_dd": -0.1882563606550819, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "taiax": {"sym": "taiax", "name": "American Funds Tax-Aware Conservative Growth and Income Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011457074280224255, "alpha_t_5y": 1.4309902820994365, "alpha_t_full": 2.756395168636044, "r2_5y": 0.9340909432666106, "r2_full": 0.9388279772807164, "corr_portfolio": 0.3521310821607113, "corr_benchmark": 0.6537644153384005, "alpha_pos_frac": 0.5818181818181818, "fund_max_dd": -0.21418738477208132, "first": "2012-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "taibx": {"sym": "taibx", "name": "PGIM CORE BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00789739396126005, "alpha_t_5y": 1.0665376565596445, "alpha_t_full": 5.807798475253875, "r2_5y": 0.9136024419160791, "r2_full": -4.440892098500626e-16, "corr_portfolio": -0.0850546256840323, "corr_benchmark": 0.6647333637658718, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.1958359538753941, "first": "1993-01-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tarkx": {"sym": "tarkx", "name": "Tarkio Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011561637917566082, "alpha_t_5y": 0.21810948177913095, "alpha_t_full": 0.2680992589278859, "r2_5y": 0.7805165420356374, "r2_full": 0.825514251403443, "corr_portfolio": 0.28391285261238003, "corr_benchmark": 0.4971607138872499, "alpha_pos_frac": 0.5227272727272727, "fund_max_dd": -0.40551322110436383, "first": "2011-07-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "tasvx": {"sym": "tasvx", "name": "PGIM QUANT SOLUTIONS SMALL-CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.060442940141835266, "alpha_t_5y": 2.105621250208785, "alpha_t_full": 3.295726126876115, "r2_5y": 0.9052087510529453, "r2_full": 0.0, "corr_portfolio": 0.35819479431526535, "corr_benchmark": 0.4463265887486797, "alpha_pos_frac": 0.4304932735426009, "fund_max_dd": -0.5855753958374172, "first": "1993-01-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tavfx": {"sym": "tavfx", "name": "THIRD AVENUE VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.07835415407801373, "alpha_t_5y": 2.0724260850576557, "alpha_t_full": 3.896456074648719, "r2_5y": 0.7709835948474348, "r2_full": 0.0, "corr_portfolio": 0.44203657808898966, "corr_benchmark": 0.42655043427291794, "alpha_pos_frac": 0.4618834080717489, "fund_max_dd": -0.6142329062540588, "first": "1990-11-01", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "tbdax": {"sym": "tbdax", "name": "PGIM JENNISON DIVERSIFIED GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03993723760996457, "alpha_t_5y": -2.0106120989381515, "alpha_t_full": -1.3881348230321855, "r2_5y": 0.956199465651869, "r2_full": 0.9285942157454038, "corr_portfolio": 0.15200958847314588, "corr_benchmark": 0.6085887506915143, "alpha_pos_frac": 0.4785992217898833, "fund_max_dd": -0.6954212929720875, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tbhdx": {"sym": "tbhdx", "name": "TWEEDY, BROWNE WORLDWIDE HIGH DIVIDEND YIELD VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008629210485281624, "alpha_t_5y": 0.3476093300112919, "alpha_t_full": -0.11183140875820223, "r2_5y": 0.7709815966063763, "r2_full": 0.7529899854724382, "corr_portfolio": 0.4263484857615368, "corr_benchmark": 0.4460923503000416, "alpha_pos_frac": 0.481981981981982, "fund_max_dd": -0.46030462585587906, "first": "2007-09-06", "verdict": "weak/unstable alpha", "alpha_name": false}, "tbirx": {"sym": "tbirx", "name": "Nuveen Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002234686938476527, "alpha_t_5y": 0.4765583192730879, "alpha_t_full": -1.3479561675083365, "r2_5y": 0.9639552704813055, "r2_full": 0.9238525267264428, "corr_portfolio": -0.11611449689917872, "corr_benchmark": 0.6935240161737364, "alpha_pos_frac": 0.4797687861271676, "fund_max_dd": -0.19329256864633604, "first": "2009-11-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tblpx": {"sym": "tblpx", "name": "T. Rowe Price Retirement Blend 2005 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0002611702051343897, "alpha_t_5y": 0.044055664745590334, "alpha_t_full": 0.044055664745590334, "r2_5y": 0.9672909218557814, "r2_full": 0.9672909218557814, "corr_portfolio": 0.10016570657235478, "corr_benchmark": 0.8244808509511198, "alpha_pos_frac": 0.5636363636363636, "fund_max_dd": -0.18357198274566067, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tblqx": {"sym": "tblqx", "name": "T. Rowe Price Retirement Blend 2010 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0001507422697842093, "alpha_t_5y": -0.025319626929851784, "alpha_t_full": -0.025319626929851784, "r2_5y": 0.9711111324334663, "r2_full": 0.9711111324334663, "corr_portfolio": 0.10585784989135748, "corr_benchmark": 0.813964360570201, "alpha_pos_frac": 0.6181818181818182, "fund_max_dd": -0.1906347175346924, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tblsx": {"sym": "tblsx", "name": "T. Rowe Price Retirement Blend 2015 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0019160595292534925, "alpha_t_5y": 0.31587934890614816, "alpha_t_full": 0.31587934890614816, "r2_5y": 0.9733822414478182, "r2_full": 0.9733822414478182, "corr_portfolio": 0.10430425667502596, "corr_benchmark": 0.8044885393397108, "alpha_pos_frac": 0.5636363636363636, "fund_max_dd": -0.1962191955317103, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tblvx": {"sym": "tblvx", "name": "T. Rowe Price Retirement Blend 2025 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006137579531686816, "alpha_t_5y": -0.8907726774267013, "alpha_t_full": -0.8907726774267013, "r2_5y": 0.974235650200261, "r2_full": 0.974235650200261, "corr_portfolio": 0.10859316746514451, "corr_benchmark": 0.7771371524648036, "alpha_pos_frac": 0.6, "fund_max_dd": -0.21480330665382397, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tblwx": {"sym": "tblwx", "name": "T. Rowe Price Retirement Blend 2030 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005208784679317813, "alpha_t_5y": -0.678682072572642, "alpha_t_full": -0.678682072572642, "r2_5y": 0.9765748206734043, "r2_full": 0.9765748206734043, "corr_portfolio": 0.11335122354226923, "corr_benchmark": 0.7536266596128371, "alpha_pos_frac": 0.6181818181818182, "fund_max_dd": -0.23450918291666478, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tblyx": {"sym": "tblyx", "name": "T. Rowe Price Retirement Blend 2035 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0038847613295948744, "alpha_t_5y": -0.4536513189122251, "alpha_t_full": -0.4536513189122251, "r2_5y": 0.978016182163968, "r2_full": 0.978016182163968, "corr_portfolio": 0.11863649102272891, "corr_benchmark": 0.7285037996125456, "alpha_pos_frac": 0.5636363636363636, "fund_max_dd": -0.24542151360309505, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tcelx": {"sym": "tcelx", "name": "T. Rowe Price China Evolution Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.015700439171119174, "alpha_t_5y": 0.251875838059757, "alpha_t_full": 1.2447555938920758, "r2_5y": 0.6068736618210515, "r2_full": 0.5929567809919061, "corr_portfolio": 0.08615435524847269, "corr_benchmark": 0.3075966333491269, "alpha_pos_frac": 0.5333333333333333, "fund_max_dd": -0.5127023251476607, "first": "2019-12-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "tcpax": {"sym": "tcpax", "name": "Touchstone US Quality Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009222636624727706, "alpha_t_5y": 1.3811079626281761, "alpha_t_full": 0.5036261509350412, "r2_5y": 0.9238739535693552, "r2_full": 0.8335793861474008, "corr_portfolio": -0.14387340994997028, "corr_benchmark": 0.6432737479959961, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.1847196397466846, "first": "2009-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tcsgx": {"sym": "tcsgx", "name": "SDIT SHORT DURATION GOVERNMENT FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.020798542632333217, "alpha_t_5y": -3.445989086226643, "alpha_t_full": 10.406054131725996, "r2_5y": 0.7049449775560218, "r2_full": 3.9968028886505635e-15, "corr_portfolio": -0.10498261954722136, "corr_benchmark": 0.4056145457733893, "alpha_pos_frac": 0.4913294797687861, "fund_max_dd": -0.0663603266285061, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "tebix": {"sym": "tebix", "name": "FRANKLIN MUTUAL BEACON FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0018132508595405186, "alpha_t_5y": 0.0841479490659667, "alpha_t_full": 1.3075054925107756, "r2_5y": 0.880247416762878, "r2_full": 0.8103857231625677, "corr_portfolio": 0.3837118821281761, "corr_benchmark": 0.5141796585952813, "alpha_pos_frac": 0.5515695067264574, "fund_max_dd": -0.5544551722068904, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tedix": {"sym": "tedix", "name": "FRANKLIN MUTUAL GLOBAL DISCOVERY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016084137072211062, "alpha_t_5y": 0.8761692653128392, "alpha_t_full": 4.016552394219311, "r2_5y": 0.9050940589378051, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.4235693500039823, "corr_benchmark": 0.49806567071369573, "alpha_pos_frac": 0.5136186770428015, "fund_max_dd": -0.40206505803602355, "first": "1996-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tedmx": {"sym": "tedmx", "name": "Templeton Emerging Markets Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013178800020459866, "alpha_t_5y": 0.4512436851048521, "alpha_t_full": 2.789132277677757, "r2_5y": 0.887855060313054, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.28043500878377614, "corr_benchmark": 0.462343002249201, "alpha_pos_frac": 0.5112107623318386, "fund_max_dd": -0.6527840677388017, "first": "1991-10-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tedpx": {"sym": "tedpx", "name": "Nuveen Emerging Markets Debt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014707882521741447, "alpha_t_5y": 0.9313818781848877, "alpha_t_full": 1.3576716661011003, "r2_5y": 0.5065117510796538, "r2_full": 0.5740738083432586, "corr_portfolio": 0.2789774978816627, "corr_benchmark": 0.468173994742671, "alpha_pos_frac": 0.6277372262773723, "fund_max_dd": -0.25912914689034616, "first": "2014-09-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "tegax": {"sym": "tegax", "name": "Mid Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05104795124582854, "alpha_t_5y": -1.454363477068035, "alpha_t_full": 3.565308522419672, "r2_5y": 0.8635429386156603, "r2_full": 0.0, "corr_portfolio": 0.19116207790398057, "corr_benchmark": 0.5679976728707351, "alpha_pos_frac": 0.5145631067961165, "fund_max_dd": -0.5328046688063566, "first": "1994-10-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "temfx": {"sym": "temfx", "name": "Templeton Foreign Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002587626024620223, "alpha_t_5y": -0.10140632502530547, "alpha_t_full": 2.707960067722521, "r2_5y": 0.8857208056814743, "r2_full": -6.661338147750939e-16, "corr_portfolio": 0.3990984384394927, "corr_benchmark": 0.4656387248021525, "alpha_pos_frac": 0.4484304932735426, "fund_max_dd": -0.5962477472706134, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "temgx": {"sym": "temgx", "name": "Templeton Global Smaller Companies Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05357052623484461, "alpha_t_5y": -2.4846401574738293, "alpha_t_full": 2.4561399510319255, "r2_5y": 0.9120424047166221, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.33887596024747985, "corr_benchmark": 0.557831882455319, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.6859830409880414, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "temix": {"sym": "temix", "name": "FRANKLIN MUTUAL INTERNATIONAL VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.036629653568790985, "alpha_t_5y": 1.6481296644997292, "alpha_t_full": 3.698800714093387, "r2_5y": 0.877496791939151, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.4002518463070662, "corr_benchmark": 0.387064690867593, "alpha_pos_frac": 0.5175438596491229, "fund_max_dd": -0.43402906584161527, "first": "1996-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "temmx": {"sym": "temmx", "name": "Templeton Emerging Markets Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014878431418381096, "alpha_t_5y": 0.46424482596185634, "alpha_t_full": -0.9422613862542171, "r2_5y": 0.7185795968377187, "r2_full": 0.6379235486020527, "corr_portfolio": 0.30572138870935517, "corr_benchmark": 0.4463637215951019, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.7011370490343567, "first": "2006-10-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "temux": {"sym": "temux", "name": "Emerging Markets Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.017696222507842717, "alpha_t_5y": -0.6513148204568083, "alpha_t_full": 2.068540048641058, "r2_5y": 0.8684811086091857, "r2_full": 0.0, "corr_portfolio": 0.2959677158429232, "corr_benchmark": 0.47271736738487086, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.6808523022868087, "first": "1994-04-21", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "temwx": {"sym": "temwx", "name": "Templeton World Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.039853788830225195, "alpha_t_5y": -1.8039321754569646, "alpha_t_full": 2.931404868108912, "r2_5y": 0.9155087596670696, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.28443345631858785, "corr_benchmark": 0.5246059220038021, "alpha_pos_frac": 0.5112107623318386, "fund_max_dd": -0.552579063475811, "first": "1995-08-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tepax": {"sym": "tepax", "name": "American Funds Tax-Exempt Preservation Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004772946538530253, "alpha_t_5y": -0.5905103162898044, "alpha_t_full": 2.788426038548012, "r2_5y": 0.31407161522995264, "r2_full": 0.26910853322878914, "corr_portfolio": 0.018190050463802218, "corr_benchmark": 0.3295800287658935, "alpha_pos_frac": 0.5393939393939394, "fund_max_dd": -0.07123755794386166, "first": "2012-05-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "teplx": {"sym": "teplx", "name": "Templeton Growth Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03761694587786384, "alpha_t_5y": -2.2713642023393974, "alpha_t_full": 2.973739400259328, "r2_5y": 0.9360683246271666, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.3736562489361961, "corr_benchmark": 0.5285375716948753, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.6254376005049376, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "teqix": {"sym": "teqix", "name": "FRANKLIN MUTUAL QUEST FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006867588664565853, "alpha_t_5y": 0.3769901582594574, "alpha_t_full": 1.9948277202440183, "r2_5y": 0.8522817218968154, "r2_full": 0.6555649901172602, "corr_portfolio": 0.35896953202970655, "corr_benchmark": 0.4498033924686179, "alpha_pos_frac": 0.5657894736842105, "fund_max_dd": -0.5040691271509095, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tesix": {"sym": "tesix", "name": "FRANKLIN MUTUAL SHARES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0026880299218765297, "alpha_t_5y": -0.14161931309174003, "alpha_t_full": 0.8996255794121161, "r2_5y": 0.9058539896023985, "r2_full": 0.8494285564783535, "corr_portfolio": 0.40843876205205004, "corr_benchmark": 0.5200861281928941, "alpha_pos_frac": 0.5176470588235295, "fund_max_dd": -0.537641288963237, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tfcax": {"sym": "tfcax", "name": "SIMT Tax-Free Conservative Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017528266352963718, "alpha_t_5y": 6.67387933446532, "alpha_t_full": 5.228075974626178, "r2_5y": 0.18759486735972708, "r2_full": 0.15351783199077162, "corr_portfolio": 0.04910903071653832, "corr_benchmark": 0.03292002723070588, "alpha_pos_frac": 0.411214953271028, "fund_max_dd": -0.0019997019175110875, "first": "2017-03-21", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "tfoax": {"sym": "tfoax", "name": "Touchstone Focused Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01073503998378958, "alpha_t_5y": -0.6520009420340115, "alpha_t_full": -0.4101333568278998, "r2_5y": 0.9432638972238759, "r2_full": 0.9320216718174084, "corr_portfolio": 0.27267459755885776, "corr_benchmark": 0.5940257405240361, "alpha_pos_frac": 0.4553191489361702, "fund_max_dd": -0.5400289788226308, "first": "2003-10-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tfscx": {"sym": "tfscx", "name": "Foreign Smaller Companies Series", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.052029188680581, "alpha_t_5y": -2.172021970665015, "alpha_t_full": -1.3804867662776747, "r2_5y": 0.858282438375854, "r2_full": 0.6579104363923791, "corr_portfolio": 0.3552470610263158, "corr_benchmark": 0.51263013996154, "alpha_pos_frac": 0.6053811659192825, "fund_max_dd": -0.730853077273471, "first": "2002-10-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tgfrx": {"sym": "tgfrx", "name": "TANAKA Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03448377029777284, "alpha_t_5y": 0.4617191740935512, "alpha_t_full": 0.2059224726838762, "r2_5y": 0.6696157282821655, "r2_full": 0.630398569308291, "corr_portfolio": 0.16079718476127808, "corr_benchmark": 0.5000343087114791, "alpha_pos_frac": 0.4196078431372549, "fund_max_dd": -0.7443439001214138, "first": "1999-03-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "tggbx": {"sym": "tggbx", "name": "TCW Global Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009996857477980707, "alpha_t_5y": -0.7920582747084447, "alpha_t_full": 0.24987392574339454, "r2_5y": 0.7931456575100936, "r2_full": 0.7326749102782459, "corr_portfolio": -0.006292855876287324, "corr_benchmark": 0.5729334003265142, "alpha_pos_frac": 0.4853801169590643, "fund_max_dd": -0.2729214111993973, "first": "2011-12-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "tgpex": {"sym": "tgpex", "name": "T. Rowe Price Global Impact Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06161488955203147, "alpha_t_5y": -2.3999971622198637, "alpha_t_full": -2.3999971622198637, "r2_5y": 0.8951244563691637, "r2_full": 0.8951244563691637, "corr_portfolio": -0.0010356133121334652, "corr_benchmark": 0.6813106663901541, "alpha_pos_frac": 0.4, "fund_max_dd": -0.3511631929430079, "first": "2021-03-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tgrnx": {"sym": "tgrnx", "name": "Nuveen Green Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011226163360007368, "alpha_t_5y": -1.7116859300842213, "alpha_t_full": 1.4212019839659906, "r2_5y": 0.9294392214581652, "r2_full": 0.8872625331826296, "corr_portfolio": -0.05616261698686053, "corr_benchmark": 0.6728401105118296, "alpha_pos_frac": 0.5057471264367817, "fund_max_dd": -0.17406011251972076, "first": "2018-11-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tgtrx": {"sym": "tgtrx", "name": "Templeton Global Bond Enhanced Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004880984156209832, "alpha_t_5y": 0.22899886205154804, "alpha_t_full": -2.2573635794672073, "r2_5y": 0.6856750913205097, "r2_full": 0.3343343275308176, "corr_portfolio": 0.17533529892107785, "corr_benchmark": 0.34562327690055017, "alpha_pos_frac": 0.48717948717948717, "fund_max_dd": -0.33657275894656113, "first": "2008-10-06", "verdict": "weak/unstable alpha", "alpha_name": false}, "tgvfx": {"sym": "tgvfx", "name": "Touchstone Dynamic Large Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02434670041750207, "alpha_t_5y": -1.1469107004173302, "alpha_t_full": -1.0410509256514444, "r2_5y": 0.9455760474761615, "r2_full": 0.9219355778035931, "corr_portfolio": 0.1800202215553992, "corr_benchmark": 0.6128668352246216, "alpha_pos_frac": 0.5486381322957199, "fund_max_dd": -0.6940851744209513, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "thcgx": {"sym": "thcgx", "name": "Thornburg Focus Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.1022469156250678, "alpha_t_5y": -2.4857622425130415, "alpha_t_full": -1.3851435657784934, "r2_5y": 0.8585603948061089, "r2_full": 0.8612902911244721, "corr_portfolio": 0.11814944682682724, "corr_benchmark": 0.5760948734844902, "alpha_pos_frac": 0.5033112582781457, "fund_max_dd": -0.6346979045973737, "first": "2000-12-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "thyax": {"sym": "thyax", "name": "Touchstone High Yield Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0002664919880200939, "alpha_t_5y": -0.02555199056866782, "alpha_t_full": 2.0589628546270267, "r2_5y": 0.7309044354545038, "r2_full": 0.7013536687169637, "corr_portfolio": 0.320674482590304, "corr_benchmark": 0.4360670140715314, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.3148610592143326, "first": "2001-11-13", "verdict": "weak/unstable alpha", "alpha_name": false}, "tiagx": {"sym": "tiagx", "name": "Timothy Plan Small/Mid Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008962976574305451, "alpha_t_5y": 0.22162144275150283, "alpha_t_full": -0.8779720485933102, "r2_5y": 0.8365122161288733, "r2_full": 0.8505834434825282, "corr_portfolio": 0.1800611481886855, "corr_benchmark": 0.5559653010391866, "alpha_pos_frac": 0.41721854304635764, "fund_max_dd": -0.3434110325511702, "first": "2013-08-08", "verdict": "weak/unstable alpha", "alpha_name": false}, "tibdx": {"sym": "tibdx", "name": "Nuveen Core Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004471912105166287, "alpha_t_5y": 0.8640076120153619, "alpha_t_full": 4.578016237271379, "r2_5y": 0.9494040025090948, "r2_full": 0.008045678697047864, "corr_portfolio": -0.04336856780608212, "corr_benchmark": 0.7073725960375853, "alpha_pos_frac": 0.5202312138728323, "fund_max_dd": -0.1838649988113752, "first": "1999-06-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tibfx": {"sym": "tibfx", "name": "Nuveen Core Plus Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0063889893817939206, "alpha_t_5y": 1.1809584090247767, "alpha_t_full": 0.5813104867780265, "r2_5y": 0.9401497119358182, "r2_full": 0.7514847851854729, "corr_portfolio": -0.010280208636048872, "corr_benchmark": 0.7064398600908561, "alpha_pos_frac": 0.4393063583815029, "fund_max_dd": -0.18432690770448923, "first": "2006-04-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tibnx": {"sym": "tibnx", "name": "Nuveen International Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0026954570463913765, "alpha_t_5y": 0.3196637301267803, "alpha_t_full": 1.2875592946574443, "r2_5y": 0.632264423451814, "r2_full": 0.5245791349462188, "corr_portfolio": 0.02307543932768409, "corr_benchmark": 0.5531375636513809, "alpha_pos_frac": 0.5565217391304348, "fund_max_dd": -0.16446696667408633, "first": "2016-08-08", "verdict": "weak/unstable alpha", "alpha_name": false}, "ticix": {"sym": "ticix", "name": "Timothy Plan Israel Common Values Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04090601225255373, "alpha_t_5y": 0.5902255525178538, "alpha_t_full": 0.603501543885638, "r2_5y": 0.38159431926390475, "r2_full": 0.4244422076805815, "corr_portfolio": 0.20518213328979942, "corr_benchmark": 0.39885990256637016, "alpha_pos_frac": 0.4966887417218543, "fund_max_dd": -0.43871192379439283, "first": "2013-08-08", "verdict": "weak/unstable alpha", "alpha_name": false}, "tigix": {"sym": "tigix", "name": "Timothy Plan Growth & Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01007661788823042, "alpha_t_5y": -0.6806277851193054, "alpha_t_full": -1.8402456119764774, "r2_5y": 0.8229920702696303, "r2_full": 0.8245644793033258, "corr_portfolio": 0.3667809432258915, "corr_benchmark": 0.6228481314582354, "alpha_pos_frac": 0.47651006711409394, "fund_max_dd": -0.25034714037757, "first": "2013-10-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "tihyx": {"sym": "tihyx", "name": "Nuveen High Yield Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004442524179050119, "alpha_t_5y": 0.5866068372937635, "alpha_t_full": 0.5008805325351756, "r2_5y": 0.8722170469504861, "r2_full": 0.8572566881288612, "corr_portfolio": 0.31299117388435915, "corr_benchmark": 0.44363857147987257, "alpha_pos_frac": 0.5397489539748954, "fund_max_dd": -0.27526287934450333, "first": "2006-04-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tiilx": {"sym": "tiilx", "name": "Nuveen Inflation Linked Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014723487973684245, "alpha_t_5y": 1.5581912291704827, "alpha_t_full": 1.0823186520239028, "r2_5y": 0.7262428537491082, "r2_full": 0.5880071934550006, "corr_portfolio": -0.04128237922594017, "corr_benchmark": 0.5525487601146473, "alpha_pos_frac": 0.5404255319148936, "fund_max_dd": -0.14238606524330766, "first": "2002-10-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "tilcx": {"sym": "tilcx", "name": "T. 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Rowe Price Retirement Blend 2055 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011959486557816923, "alpha_t_5y": -1.2261183720873785, "alpha_t_full": -1.2261183720873785, "r2_5y": 0.9801857447970401, "r2_full": 0.9801857447970401, "corr_portfolio": 0.1323807561826688, "corr_benchmark": 0.6914619990998114, "alpha_pos_frac": 0.6, "fund_max_dd": -0.26675389087565127, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trbpx": {"sym": "trbpx", "name": "T. Rowe Price Retirement Blend 2065 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011412155728524156, "alpha_t_5y": -1.1666627216505825, "alpha_t_full": -1.1666627216505825, "r2_5y": 0.9800370369683451, "r2_full": 0.9800370369683451, "corr_portfolio": 0.13268252999816066, "corr_benchmark": 0.6901183715050525, "alpha_pos_frac": 0.6, "fund_max_dd": -0.26775977188239486, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trbqx": {"sym": "trbqx", "name": "T. Rowe Price Retirement Blend 2045 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009439707355301983, "alpha_t_5y": -0.9771375430982103, "alpha_t_full": -0.9771375430982103, "r2_5y": 0.9797217926336012, "r2_full": 0.9797217926336012, "corr_portfolio": 0.13114396734773132, "corr_benchmark": 0.6964489202017895, "alpha_pos_frac": 0.6, "fund_max_dd": -0.26469965796006767, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trbsx": {"sym": "trbsx", "name": "T. Rowe Price Retirement Blend 2050 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011900964429349917, "alpha_t_5y": -1.2068036194297929, "alpha_t_full": -1.2068036194297929, "r2_5y": 0.9795956021279856, "r2_full": 0.9795956021279856, "corr_portfolio": 0.1308819039755111, "corr_benchmark": 0.6908790211206896, "alpha_pos_frac": 0.6, "fund_max_dd": -0.2664408230433456, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trbux": {"sym": "trbux", "name": "T. Rowe Price Ultra Short-Term Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008759353654629237, "alpha_t_5y": 1.2536584465123017, "alpha_t_full": 3.2842921857140275, "r2_5y": 0.1942000045631651, "r2_full": 0.2109558131503706, "corr_portfolio": 0.07427905760334669, "corr_benchmark": 0.1297093729891529, "alpha_pos_frac": 0.48322147651006714, "fund_max_dd": -0.041502532323576036, "first": "2013-10-04", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "trdfx": {"sym": "trdfx", "name": "Steward Values Enhanced Small-Mid Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0027497568940628185, "alpha_t_5y": 0.0680750473827925, "alpha_t_full": -1.2987386089738324, "r2_5y": 0.809925943304264, "r2_full": 0.8796343663862414, "corr_portfolio": 0.28837206601486226, "corr_benchmark": 0.5080527914849432, "alpha_pos_frac": 0.5330739299610895, "fund_max_dd": -0.6159716192207023, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "tremx": {"sym": "tremx", "name": "T. Rowe Price Emerging Europe Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03961447685595291, "alpha_t_5y": -0.28925484943092483, "alpha_t_full": -0.3336394777830352, "r2_5y": 0.27198853657603195, "r2_full": 0.32667089469639554, "corr_portfolio": 0.2362461861483492, "corr_benchmark": 0.30054435504995547, "alpha_pos_frac": 0.6723404255319149, "fund_max_dd": -0.9214788812603731, "first": "2000-10-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "trffx": {"sym": "trffx", "name": "T. Rowe Price Target 2055 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013921093672756424, "alpha_t_5y": -1.2550234278440533, "alpha_t_full": 0.32560149455895343, "r2_5y": 0.9687128980680751, "r2_full": 0.9065529900159964, "corr_portfolio": 0.2981205764796205, "corr_benchmark": 0.596843954403721, "alpha_pos_frac": 0.49333333333333335, "fund_max_dd": -0.3186205982611737, "first": "2013-08-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trfox": {"sym": "trfox", "name": "T. Rowe Price Target 2050 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01026668355218297, "alpha_t_5y": -0.9594127679495172, "alpha_t_full": 0.32897207079874413, "r2_5y": 0.9688161724909243, "r2_full": 0.9053502197244703, "corr_portfolio": 0.2964354168647663, "corr_benchmark": 0.6035326497293934, "alpha_pos_frac": 0.4866666666666667, "fund_max_dd": -0.3092287583317923, "first": "2013-08-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trgrx": {"sym": "trgrx", "name": "T. Rowe Price Global Real Estate Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.029011289359265325, "alpha_t_5y": -1.8113436986791285, "alpha_t_full": -2.021668840175893, "r2_5y": 0.942678312657112, "r2_full": 0.9262552104213897, "corr_portfolio": 0.3017466432737209, "corr_benchmark": 0.5859666293413365, "alpha_pos_frac": 0.5384615384615384, "fund_max_dd": -0.4466112184597826, "first": "2008-10-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trhrx": {"sym": "trhrx", "name": "T. Rowe Price Target 2040 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007532397454080434, "alpha_t_5y": -0.8233169367423578, "alpha_t_full": 0.9384294633981347, "r2_5y": 0.9679178745026998, "r2_full": 0.9099612100496738, "corr_portfolio": 0.29687643803098435, "corr_benchmark": 0.6203384576671678, "alpha_pos_frac": 0.5133333333333333, "fund_max_dd": -0.28530464649762055, "first": "2013-08-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trhyx": {"sym": "trhyx", "name": "T. Rowe Price Institutional High Yield Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006405729034093752, "alpha_t_5y": 0.777177236068487, "alpha_t_full": 3.3729580170187567, "r2_5y": 0.849232027075457, "r2_full": 0.7707296147225715, "corr_portfolio": 0.2935555395326901, "corr_benchmark": 0.3729841132823971, "alpha_pos_frac": 0.5664739884393064, "fund_max_dd": -0.2730604222583841, "first": "2002-06-06", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "trigx": {"sym": "trigx", "name": "T. Rowe Price International Value Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.05272058027483133, "alpha_t_5y": 3.328411572025639, "alpha_t_full": 1.8157198763057274, "r2_5y": 0.9427352283734781, "r2_full": 0.924737735241814, "corr_portfolio": 0.4368738108493859, "corr_benchmark": 0.5006283416085692, "alpha_pos_frac": 0.512396694214876, "fund_max_dd": -0.6228372700498777, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trlax": {"sym": "trlax", "name": "T. Rowe Price Retirement Income 2020 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005230481137787123, "alpha_t_5y": -0.7182843293542832, "alpha_t_full": -0.06532677661208176, "r2_5y": 0.9595985942813768, "r2_full": 0.8958890132426305, "corr_portfolio": 0.2584422867756668, "corr_benchmark": 0.6891757502935738, "alpha_pos_frac": 0.5619047619047619, "fund_max_dd": -0.23824468596925807, "first": "2017-06-07", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trlgx": {"sym": "trlgx", "name": "T. Rowe Price Large-Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03713980841438841, "alpha_t_5y": -1.5363694652924191, "alpha_t_full": 0.07824429034742189, "r2_5y": 0.9321187682287765, "r2_full": 0.9306853989540017, "corr_portfolio": 0.14241515613408276, "corr_benchmark": 0.6056939230230594, "alpha_pos_frac": 0.5426008968609866, "fund_max_dd": -0.5556106299233603, "first": "2001-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trlvx": {"sym": "trlvx", "name": "SIMT CORE FIXED INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00522945770463527, "alpha_t_5y": -1.1636040945264872, "alpha_t_full": 6.336874381815047, "r2_5y": 0.9703424982357559, "r2_full": -6.661338147750939e-16, "corr_portfolio": -0.07571077731760581, "corr_benchmark": 0.7174791376242576, "alpha_pos_frac": 0.43352601156069365, "fund_max_dd": -0.2051291296142419, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trmcx": {"sym": "trmcx", "name": "T. Rowe Price Mid-Cap Value Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.035266695111448476, "alpha_t_5y": 1.3838789059550358, "alpha_t_full": 3.3074310146279795, "r2_5y": 0.87723821878353, "r2_full": 0.9070048710440238, "corr_portfolio": 0.3748937184824466, "corr_benchmark": 0.5328352832188834, "alpha_pos_frac": 0.4605263157894737, "fund_max_dd": -0.5527600007517954, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trmvx": {"sym": "trmvx", "name": "SIMT LARGE CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.023920842373399444, "alpha_t_5y": 1.364194432289992, "alpha_t_full": 3.206766723093051, "r2_5y": 0.9228158517763114, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.4179553578657548, "corr_benchmark": 0.4958292132608764, "alpha_pos_frac": 0.5063829787234042, "fund_max_dd": -0.6035437878459973, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trosx": {"sym": "trosx", "name": "T. Rowe Price Overseas Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0010623727397914445, "alpha_t_5y": -0.09015703884241828, "alpha_t_full": -0.5925719496960928, "r2_5y": 0.9691984453097194, "r2_full": 0.9612437015021177, "corr_portfolio": 0.39011073874025265, "corr_benchmark": 0.539462923742001, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.6111402752503642, "first": "2007-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trpbx": {"sym": "trpbx", "name": "T. Rowe Price Spectrum Moderate Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00344334456146991, "alpha_t_5y": -0.43813047273725875, "alpha_t_full": 4.48052039437517, "r2_5y": 0.9642600779897569, "r2_full": 5.551115123125783e-16, "corr_portfolio": 0.30385994820148754, "corr_benchmark": 0.6521074357638844, "alpha_pos_frac": 0.5028901734104047, "fund_max_dd": -0.4164005501885859, "first": "1994-08-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrax": {"sym": "trrax", "name": "T. Rowe Price Retirement 2010 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0031353732516558614, "alpha_t_5y": 0.5079741575060417, "alpha_t_full": 1.2442544376734421, "r2_5y": 0.9630061435042842, "r2_full": 0.8809392170918507, "corr_portfolio": 0.2794188545031089, "corr_benchmark": 0.6653124654412251, "alpha_pos_frac": 0.4797687861271676, "fund_max_dd": -0.38811080108942575, "first": "2002-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrbx": {"sym": "trrbx", "name": "T. Rowe Price Retirement 2020 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0011337241319269097, "alpha_t_5y": -0.1739746620620052, "alpha_t_full": 1.116290604623269, "r2_5y": 0.9669916504930995, "r2_full": 0.8953025109135376, "corr_portfolio": 0.2987242249086373, "corr_benchmark": 0.6078040258946251, "alpha_pos_frac": 0.5605381165919282, "fund_max_dd": -0.4704105646231611, "first": "2002-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrcx": {"sym": "trrcx", "name": "T. Rowe Price Retirement 2030 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006937856125564424, "alpha_t_5y": -0.8177642491465346, "alpha_t_full": 0.7818011279280109, "r2_5y": 0.966145740139196, "r2_full": 0.9227280854179392, "corr_portfolio": 0.298281333930085, "corr_benchmark": 0.6116897426441269, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.5227635722973087, "first": "2002-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrdx": {"sym": "trrdx", "name": "T. Rowe Price Retirement 2040 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0071589872780303725, "alpha_t_5y": -0.6929518617070277, "alpha_t_full": 0.28447927129022965, "r2_5y": 0.9687968710551811, "r2_full": 0.9275111768291024, "corr_portfolio": 0.2973140641234486, "corr_benchmark": 0.5713062117907163, "alpha_pos_frac": 0.5202312138728323, "fund_max_dd": -0.5350214865231903, "first": "2002-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrex": {"sym": "trrex", "name": "T. Rowe Price Real Estate Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0071647154182597666, "alpha_t_5y": 0.5370450456211956, "alpha_t_full": -0.3539428543982906, "r2_5y": 0.9708868111334393, "r2_full": 0.9745445900414854, "corr_portfolio": 0.2515211343367717, "corr_benchmark": 0.5431697331007489, "alpha_pos_frac": 0.5433526011560693, "fund_max_dd": -0.7488544903907176, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrfx": {"sym": "trrfx", "name": "T. Rowe Price Retirement 2005 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0002817318886143186, "alpha_t_5y": -0.046753381386153814, "alpha_t_full": 0.9401621746905857, "r2_5y": 0.9596831805595085, "r2_full": 0.8795989596336702, "corr_portfolio": 0.28139335643396185, "corr_benchmark": 0.6818919935288905, "alpha_pos_frac": 0.547085201793722, "fund_max_dd": -0.3328666765098459, "first": "2004-03-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrgx": {"sym": "trrgx", "name": "T. Rowe Price Retirement 2015 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003499380312089762, "alpha_t_5y": 0.5390199429195418, "alpha_t_full": 0.822086996164251, "r2_5y": 0.9633154375345114, "r2_full": 0.8989373843710086, "corr_portfolio": 0.29613026405873155, "corr_benchmark": 0.6421584279318412, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.43172748938898153, "first": "2004-03-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrhx": {"sym": "trrhx", "name": "T. Rowe Price Retirement 2025 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003789870037435742, "alpha_t_5y": -0.5092478661677982, "alpha_t_full": 0.6585245313423999, "r2_5y": 0.9647639544681297, "r2_full": 0.9101848743280521, "corr_portfolio": 0.3026529138056301, "corr_benchmark": 0.5993653227448795, "alpha_pos_frac": 0.5515695067264574, "fund_max_dd": -0.5004081796561142, "first": "2004-03-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrix": {"sym": "trrix", "name": "T. Rowe Price Retirement Balanced Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.001898523579818551, "alpha_t_5y": 0.25409620787466175, "alpha_t_full": 0.5563980279406479, "r2_5y": 0.9348827609996642, "r2_full": 0.9105314145846636, "corr_portfolio": 0.29097661056927476, "corr_benchmark": 0.686648648646273, "alpha_pos_frac": 0.49710982658959535, "fund_max_dd": -0.2778294900136292, "first": "2002-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrjx": {"sym": "trrjx", "name": "T. Rowe Price Retirement 2035 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006503864751356544, "alpha_t_5y": -0.6809236447622473, "alpha_t_full": 0.33475921967760874, "r2_5y": 0.9675044643236814, "r2_full": 0.9348782736260168, "corr_portfolio": 0.299599963722003, "corr_benchmark": 0.6101010975450186, "alpha_pos_frac": 0.5086705202312138, "fund_max_dd": -0.5356859988759048, "first": "2004-03-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrkx": {"sym": "trrkx", "name": "T. Rowe Price Retirement 2045 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008128961956953345, "alpha_t_5y": -0.7459782577827264, "alpha_t_full": 0.1463617380931346, "r2_5y": 0.9691368223137136, "r2_full": 0.9343750538110263, "corr_portfolio": 0.2983804012237256, "corr_benchmark": 0.5711957232581181, "alpha_pos_frac": 0.5144508670520231, "fund_max_dd": -0.5354175200651627, "first": "2005-06-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrlx": {"sym": "trrlx", "name": "T. Rowe Price Retirement 2060 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012381554935083947, "alpha_t_5y": -1.1043078325302271, "alpha_t_full": 0.35828196399126566, "r2_5y": 0.9688170939591075, "r2_full": 0.9209962528343635, "corr_portfolio": 0.2967686034330136, "corr_benchmark": 0.5723250432274474, "alpha_pos_frac": 0.4928571428571429, "fund_max_dd": -0.32520951718812996, "first": "2014-06-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrmx": {"sym": "trrmx", "name": "T. Rowe Price Retirement 2050 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01228290289286564, "alpha_t_5y": -1.110946979501089, "alpha_t_full": 0.8454919543614511, "r2_5y": 0.969398802467741, "r2_full": 0.9357036757739686, "corr_portfolio": 0.29816081980592246, "corr_benchmark": 0.5705376126570693, "alpha_pos_frac": 0.547085201793722, "fund_max_dd": -0.5358517145063242, "first": "2007-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrnx": {"sym": "trrnx", "name": "T. Rowe Price Retirement 2055 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012559792828289526, "alpha_t_5y": -1.1295635844563545, "alpha_t_full": 0.8287595937440662, "r2_5y": 0.9693823661864609, "r2_full": 0.9362762165854834, "corr_portfolio": 0.2978277265690301, "corr_benchmark": 0.5711043901734617, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.5359178444695402, "first": "2007-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrox": {"sym": "trrox", "name": "T. Rowe Price Target 2010 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0028166444492443445, "alpha_t_5y": 0.4883824726517198, "alpha_t_full": 0.5896101006632796, "r2_5y": 0.951535141998364, "r2_full": 0.8770517200740651, "corr_portfolio": 0.2852016210940783, "corr_benchmark": 0.719234837672153, "alpha_pos_frac": 0.52, "fund_max_dd": -0.18106322287007803, "first": "2013-08-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrtx": {"sym": "trrtx", "name": "T. Rowe Price Target 2015 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002526820179480905, "alpha_t_5y": 0.43330218057969183, "alpha_t_full": 0.9820606698500749, "r2_5y": 0.954293346220387, "r2_full": 0.8749903430572599, "corr_portfolio": 0.2926118900129521, "corr_benchmark": 0.7042287993584035, "alpha_pos_frac": 0.5266666666666666, "fund_max_dd": -0.18648199521672404, "first": "2013-08-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrux": {"sym": "trrux", "name": "T. Rowe Price Target 2020 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0020193727158030125, "alpha_t_5y": 0.32943462906874266, "alpha_t_full": 0.8001564873535312, "r2_5y": 0.954782096722863, "r2_full": 0.884079003759827, "corr_portfolio": 0.29756024184792296, "corr_benchmark": 0.6774556762627556, "alpha_pos_frac": 0.52, "fund_max_dd": -0.20190030115654423, "first": "2013-08-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrwx": {"sym": "trrwx", "name": "T. Rowe Price Target 2030 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0034054587678383707, "alpha_t_5y": -0.4749653538174685, "alpha_t_full": 0.4746169606871384, "r2_5y": 0.9647525348370692, "r2_full": 0.8999246298182431, "corr_portfolio": 0.29968086851194886, "corr_benchmark": 0.6408545310070322, "alpha_pos_frac": 0.52, "fund_max_dd": -0.24625757817661187, "first": "2013-08-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trsgx": {"sym": "trsgx", "name": "T. Rowe Price Spectrum Moderate Growth Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012300918738520702, "alpha_t_5y": -1.2412736378606595, "alpha_t_full": 1.1397914213080746, "r2_5y": 0.9662132762135492, "r2_full": 0.921791775579397, "corr_portfolio": 0.3060216917010713, "corr_benchmark": 0.6175436073692715, "alpha_pos_frac": 0.5202312138728323, "fund_max_dd": -0.5183913048532682, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trssx": {"sym": "trssx", "name": "T. Rowe Price Institutional Small-Cap Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.020154217294401536, "alpha_t_5y": -1.0963659652915194, "alpha_t_full": 2.172773807495157, "r2_5y": 0.9517494090236068, "r2_full": 0.9501619110552969, "corr_portfolio": 0.24667288833176768, "corr_benchmark": 0.5654874312204761, "alpha_pos_frac": 0.515695067264574, "fund_max_dd": -0.5637954249716823, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trszx": {"sym": "trszx", "name": "T. Rowe Price Mid-Cap Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03376308292947017, "alpha_t_5y": -1.2501480883554663, "alpha_t_full": -0.5752169889092271, "r2_5y": 0.9176701505540836, "r2_full": 0.9099379835679573, "corr_portfolio": 0.04665805054534509, "corr_benchmark": 0.6419122161243292, "alpha_pos_frac": 0.4782608695652174, "fund_max_dd": -0.37236442610077347, "first": "2020-05-18", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trtfx": {"sym": "trtfx", "name": "T. Rowe Price Target 2060 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013066807829525122, "alpha_t_5y": -1.164602570498844, "alpha_t_full": 0.48541516830047415, "r2_5y": 0.968846539733517, "r2_full": 0.9078003916606758, "corr_portfolio": 0.29583272422335183, "corr_benchmark": 0.5978221267538361, "alpha_pos_frac": 0.5285714285714286, "fund_max_dd": -0.3258964762824349, "first": "2014-06-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trulx": {"sym": "trulx", "name": "T. Rowe Price U.S. Large-Cap Core Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003332001211170131, "alpha_t_5y": -0.266754156644365, "alpha_t_full": 0.20061136917333225, "r2_5y": 0.9638382090517676, "r2_full": 0.9737749058565769, "corr_portfolio": 0.2862033297916868, "corr_benchmark": 0.612235786722797, "alpha_pos_frac": 0.48, "fund_max_dd": -0.33677103176147216, "first": "2009-06-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trvlx": {"sym": "trvlx", "name": "T. Rowe Price Value Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020406853531374496, "alpha_t_5y": 1.0672640523682002, "alpha_t_full": 1.3155812713646973, "r2_5y": 0.8947591114541176, "r2_full": 0.9245212049041056, "corr_portfolio": 0.37788207395631823, "corr_benchmark": 0.5409339904373314, "alpha_pos_frac": 0.4793388429752066, "fund_max_dd": -0.602219262833283, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trzix": {"sym": "trzix", "name": "T. Rowe Price Small-Cap Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0024425270914342112, "alpha_t_5y": 0.3261218166405895, "alpha_t_full": 0.35708335296757704, "r2_5y": 0.9937932502080089, "r2_full": 0.9943030721458797, "corr_portfolio": 0.14804798480358977, "corr_benchmark": 0.5677063820099201, "alpha_pos_frac": 0.4782608695652174, "fund_max_dd": -0.318947233795982, "first": "2020-05-18", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tsbax": {"sym": "tsbax", "name": "T. Rowe Price Retirement Blend 2020 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0027408521604786397, "alpha_t_5y": -0.43407841123629654, "alpha_t_full": -0.43407841123629654, "r2_5y": 0.9738108082764417, "r2_full": 0.9738108082764417, "corr_portfolio": 0.10754332722181416, "corr_benchmark": 0.7945064432509238, "alpha_pos_frac": 0.6, "fund_max_dd": -0.20084952893327235, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tsbpx": {"sym": "tsbpx", "name": "Nuveen Core Impact Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004189138634042899, "alpha_t_5y": 0.7956999102041924, "alpha_t_full": 1.6256369511547524, "r2_5y": 0.9510183833437238, "r2_full": 0.919804133436643, "corr_portfolio": -0.08436424084916484, "corr_benchmark": 0.686817447574109, "alpha_pos_frac": 0.5714285714285714, "fund_max_dd": -0.1896542336929249, "first": "2012-09-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tsdjx": {"sym": "tsdjx", "name": "Nuveen Short Duration Impact Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00038226257638055696, "alpha_t_5y": 0.06093274869022963, "alpha_t_full": 4.380587909422949, "r2_5y": 0.670314976907837, "r2_full": 0.6224247946698194, "corr_portfolio": -0.029857852392141365, "corr_benchmark": 0.4325640268952362, "alpha_pos_frac": 0.5402298850574713, "fund_max_dd": -0.06310683448911014, "first": "2018-11-19", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "tsdlx": {"sym": "tsdlx", "name": "T. Rowe Price Short Duration Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005898715519508907, "alpha_t_5y": -0.8871650894556139, "alpha_t_full": -0.8604160444557385, "r2_5y": 0.6456356868901935, "r2_full": 0.6443856439797613, "corr_portfolio": -0.06587200268851977, "corr_benchmark": 0.44889381583949167, "alpha_pos_frac": 0.5555555555555556, "fund_max_dd": -0.07281521855435902, "first": "2020-12-09", "verdict": "weak/unstable alpha", "alpha_name": false}, "tsdox": {"sym": "tsdox", "name": "TOUCHSTONE ULTRA SHORT DURATION FIXED INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013023383655819586, "alpha_t_5y": 2.2090499137296837, "alpha_t_full": 11.523850651792879, "r2_5y": 0.23291869312504287, "r2_full": 4.3298697960381105e-15, "corr_portfolio": 0.07503269551980664, "corr_benchmark": 0.13330816115372185, "alpha_pos_frac": 0.34497816593886466, "fund_max_dd": -0.05268803943796485, "first": "1994-03-01", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "tsemx": {"sym": "tsemx", "name": "Touchstone Sands Capital Emerging Markets Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06577671873026811, "alpha_t_5y": -1.7021287764149964, "alpha_t_full": -1.143769360841032, "r2_5y": 0.8248218167881661, "r2_full": 0.7939789164376413, "corr_portfolio": 0.16226871654529576, "corr_benchmark": 0.4858989293789298, "alpha_pos_frac": 0.5070422535211268, "fund_max_dd": -0.5287111163736016, "first": "2014-05-14", "verdict": "weak/unstable alpha", "alpha_name": false}, "tsfax": {"sym": "tsfax", "name": "Touchstone Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01442260448327313, "alpha_t_5y": 0.47959345574122386, "alpha_t_full": 0.13393838393949645, "r2_5y": 0.8539460643522051, "r2_full": 0.8964813182138143, "corr_portfolio": 0.31340281120611374, "corr_benchmark": 0.5109798511811051, "alpha_pos_frac": 0.5025380710659898, "fund_max_dd": -0.3898163197734611, "first": "2009-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ttifx": {"sym": "ttifx", "name": "Goldman Sachs Tactical Tilt Overlay Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02903411802361076, "alpha_t_5y": 3.1476991715959524, "alpha_t_full": -0.22857240079153354, "r2_5y": 0.6272586156893043, "r2_full": 0.5409746358824927, "corr_portfolio": 0.29977539755958466, "corr_benchmark": 0.3947180583359356, "alpha_pos_frac": 0.4892086330935252, "fund_max_dd": -0.20775620755882096, "first": "2014-08-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "tuhyx": {"sym": "tuhyx", "name": "T. Rowe Price U.S. High Yield Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0030968864171158827, "alpha_t_5y": -0.3179414327483102, "alpha_t_full": 0.920239205723206, "r2_5y": 0.7766756189481296, "r2_full": 0.7385916417837299, "corr_portfolio": 0.28052164153029346, "corr_benchmark": 0.2966262182403779, "alpha_pos_frac": 0.5904761904761905, "fund_max_dd": -0.2237925464690994, "first": "2017-06-07", "verdict": "weak/unstable alpha", "alpha_name": false}, "tunix": {"sym": "tunix", "name": "Transamerica Strategic Income", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01573959383383022, "alpha_t_5y": 0.991881849224114, "alpha_t_full": 1.396938735579913, "r2_5y": 0.29773276889985933, "r2_full": 0.45157782307149297, "corr_portfolio": 0.2137960698600892, "corr_benchmark": 0.3599568807885904, "alpha_pos_frac": 0.44776119402985076, "fund_max_dd": -0.14303688860462338, "first": "2015-01-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "tvafx": {"sym": "tvafx", "name": "Thornburg American Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.057305002198473155, "alpha_t_5y": -1.9804676095646334, "alpha_t_full": -1.2700053789325763, "r2_5y": 0.8949261569576638, "r2_full": 0.8936805313270733, "corr_portfolio": 0.2961239204013723, "corr_benchmark": 0.5734804102644422, "alpha_pos_frac": 0.4649122807017544, "fund_max_dd": -0.5940537521171083, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tvlax": {"sym": "tvlax", "name": "Touchstone Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0036497201183353614, "alpha_t_5y": 0.1727993268779952, "alpha_t_full": -1.7536734681776824, "r2_5y": 0.9034839416907665, "r2_full": 0.7231210485643271, "corr_portfolio": 0.4048592277493252, "corr_benchmark": 0.5150992158466197, "alpha_pos_frac": 0.5829596412556054, "fund_max_dd": -0.7928720723552083, "first": "2003-08-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tvoax": {"sym": "tvoax", "name": "TOUCHSTONE SMALL CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03084946774052984, "alpha_t_5y": 1.2300502192356635, "alpha_t_full": 0.3667836064047043, "r2_5y": 0.9069953168920838, "r2_full": 0.8991315891348134, "corr_portfolio": 0.3349254412114544, "corr_benchmark": 0.476500980023629, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.6167304459079515, "first": "2002-03-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "twbix": {"sym": "twbix", "name": "BALANCED FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02066769253031223, "alpha_t_5y": -3.007024404964359, "alpha_t_full": 4.297228332268535, "r2_5y": 0.9777378073957219, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.2570161869197176, "corr_benchmark": 0.729315748058049, "alpha_pos_frac": 0.5369649805447471, "fund_max_dd": -0.33875219292386827, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tweix": {"sym": "tweix", "name": "EQUITY INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011742192236493731, "alpha_t_5y": 0.691448409799716, "alpha_t_full": 4.453848632576537, "r2_5y": 0.856754514145268, "r2_full": 5.551115123125783e-16, "corr_portfolio": 0.39009926962587826, "corr_benchmark": 0.5355268130622929, "alpha_pos_frac": 0.4793388429752066, "fund_max_dd": -0.39299031397330886, "first": "1994-08-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "twsmx": {"sym": "twsmx", "name": "STRATEGIC ALLOCATION: MODERATE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009440464445945576, "alpha_t_5y": -1.1543275896539709, "alpha_t_full": 1.6804252367157035, "r2_5y": 0.9673546886137844, "r2_full": 0.897840876068223, "corr_portfolio": 0.31691361824840486, "corr_benchmark": 0.6817079272442443, "alpha_pos_frac": 0.5381165919282511, "fund_max_dd": -0.3789188365991417, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "twtix": {"sym": "twtix", "name": "INTERMEDIATE-TERM TAX-FREE BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006838672874051478, "alpha_t_5y": 0.6659747413535196, "alpha_t_full": 8.170644687431741, "r2_5y": 0.40767188422235534, "r2_full": -1.9984014443252818e-15, "corr_portfolio": 0.045230956916167776, "corr_benchmark": 0.3393655420746933, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.11976386982381448, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "twusx": {"sym": "twusx", "name": "SHORT-TERM GOVERNMENT FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.016615998866302537, "alpha_t_5y": -2.448238942590717, "alpha_t_full": 7.873766858338122, "r2_5y": 0.6563697675676379, "r2_full": -5.329070518200751e-15, "corr_portfolio": -0.1309637734131736, "corr_benchmark": 0.36251792886634177, "alpha_pos_frac": 0.5086705202312138, "fund_max_dd": -0.0935745082555941, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "twvlx": {"sym": "twvlx", "name": "VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.027834673309625566, "alpha_t_5y": 1.4546968883159714, "alpha_t_full": 3.6423332147330343, "r2_5y": 0.8959912358444175, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.4164185682741472, "corr_benchmark": 0.4721646178055893, "alpha_pos_frac": 0.47470817120622566, "fund_max_dd": -0.5319237064196705, "first": "1993-09-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tzinx": {"sym": "tzinx", "name": "Templeton Global Dynamic Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004039156040228329, "alpha_t_5y": 0.19908481355008442, "alpha_t_full": -0.31865459250165384, "r2_5y": 0.8337267137258991, "r2_full": 0.7658883588111114, "corr_portfolio": 0.35627896925027513, "corr_benchmark": 0.5126435262913371, "alpha_pos_frac": 0.5022421524663677, "fund_max_dd": -0.3637009958888874, "first": "2005-07-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "ubvlx": {"sym": "ubvlx", "name": "Undiscovered Managers Behavioral Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03689533163448715, "alpha_t_5y": 1.1667319441134392, "alpha_t_full": 1.3940836157278036, "r2_5y": 0.8678117259776358, "r2_full": 0.852754711990278, "corr_portfolio": 0.36362196532320196, "corr_benchmark": 0.4398895227295159, "alpha_pos_frac": 0.4396551724137931, "fund_max_dd": -0.6724248435588833, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "udbpx": {"sym": "udbpx", "name": "UBS Sustainable Development Bank Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007870824281877154, "alpha_t_5y": -1.460007083216723, "alpha_t_full": -0.7407647768949962, "r2_5y": 0.954078758343184, "r2_full": 0.9461388551719714, "corr_portfolio": -0.2290846646938052, "corr_benchmark": 0.5922471620418397, "alpha_pos_frac": 0.5454545454545454, "fund_max_dd": -0.15443177739034253, "first": "2018-10-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ugsdx": {"sym": "ugsdx", "name": "U.S. Government Securities Ultra-Short Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.019002553342381698, "alpha_t_5y": 2.653564965744909, "alpha_t_full": 2.238104908618712, "r2_5y": 0.06280864471619119, "r2_full": 0.06357751469503947, "corr_portfolio": -0.04238391995507159, "corr_benchmark": 0.13242771263411637, "alpha_pos_frac": 0.3561643835616438, "fund_max_dd": -0.028518379402283522, "first": "2014-01-07", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "ulst": {"sym": "ulst", "name": "State Street(R) Ultra Short Term Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.012173011519714684, "alpha_t_5y": 2.713504036692158, "alpha_t_full": 4.765883464497009, "r2_5y": 0.13905233722295596, "r2_full": 0.07820092926403877, "corr_portfolio": 0.06793588181741887, "corr_benchmark": 0.13662013787709984, "alpha_pos_frac": 0.48322147651006714, "fund_max_dd": -0.062036329618759156, "first": "2013-10-11", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "umemx": {"sym": "umemx", "name": "Columbia Emerging Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.054561262900414874, "alpha_t_5y": -1.7243026934319328, "alpha_t_full": 1.2729375523264779, "r2_5y": 0.8800456972271017, "r2_full": 0.38218715760237687, "corr_portfolio": 0.24857317316905533, "corr_benchmark": 0.4714657925070534, "alpha_pos_frac": 0.5112107623318386, "fund_max_dd": -0.6950940557197849, "first": "1999-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "urlgx": {"sym": "urlgx", "name": "Columbia Select Large Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08163884419333983, "alpha_t_5y": -2.397758627855272, "alpha_t_full": -2.0428294830030547, "r2_5y": 0.8829077323124362, "r2_full": 0.8934720339408053, "corr_portfolio": 0.1107244543411671, "corr_benchmark": 0.5907240899846015, "alpha_pos_frac": 0.5097276264591439, "fund_max_dd": -0.5741740659275987, "first": "2004-10-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "usbnx": {"sym": "usbnx", "name": "Pear Tree Polaris Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03536376842100111, "alpha_t_5y": 1.30009085357306, "alpha_t_full": 2.735245619608678, "r2_5y": 0.8797551124698705, "r2_full": -6.661338147750939e-16, "corr_portfolio": 0.3635993246214791, "corr_benchmark": 0.4532907193506882, "alpha_pos_frac": 0.5882352941176471, "fund_max_dd": -0.6440105774481001, "first": "1992-08-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "usbox": {"sym": "usbox", "name": "Pear Tree Quality Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016638221163337328, "alpha_t_5y": 0.9378595273689164, "alpha_t_full": 2.967253902177221, "r2_5y": 0.9267329740914544, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.2903499323097966, "corr_benchmark": 0.6040724364774324, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.6563676729268237, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "usgax": {"sym": "usgax", "name": "Morgan Stanley Long Duration Government Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006895842753383498, "alpha_t_5y": 0.2690606413060357, "alpha_t_full": 2.4533773851682326, "r2_5y": 0.7404640959117235, "r2_full": -6.661338147750939e-16, "corr_portfolio": -0.09791734804413382, "corr_benchmark": 0.563876158680455, "alpha_pos_frac": 0.5375722543352601, "fund_max_dd": -0.2960681709100159, "first": "1997-07-29", "verdict": "weak/unstable alpha", "alpha_name": false}, "usglx": {"sym": "usglx", "name": "U.S. Global Leaders Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08718792757888959, "alpha_t_5y": -3.118561626798733, "alpha_t_full": 3.1389383112355236, "r2_5y": 0.8762055231291324, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.1745467050271182, "corr_benchmark": 0.6189139780433132, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.46818859311981553, "first": "1995-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "usiax": {"sym": "usiax", "name": "UBS Ultra Short Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010816756273914879, "alpha_t_5y": 2.0476011821741413, "alpha_t_full": 2.711441448427098, "r2_5y": 0.28192829148057474, "r2_full": 0.21806639707274833, "corr_portfolio": 0.07598460704814652, "corr_benchmark": 0.11094756487650147, "alpha_pos_frac": 0.45454545454545453, "fund_max_dd": -0.022954005229236296, "first": "2018-11-01", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "usmbx": {"sym": "usmbx", "name": "Columbia Ultra Short Duration Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.015768682671231504, "alpha_t_5y": 4.2977799665040655, "alpha_t_full": 5.065685730950506, "r2_5y": 0.20831789408176493, "r2_full": 0.22571097792925576, "corr_portfolio": 0.07084603957075758, "corr_benchmark": 0.1699836396566459, "alpha_pos_frac": 0.3900709219858156, "fund_max_dd": -0.01976247273085152, "first": "2014-05-28", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "usmsx": {"sym": "usmsx", "name": "JPMorgan Ultra-Short Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009851491759297235, "alpha_t_5y": 2.852848345912237, "alpha_t_full": 5.612833009258159, "r2_5y": 0.09154342364530965, "r2_full": 0.11978256625494421, "corr_portfolio": 0.0715015547226678, "corr_benchmark": 0.18385198080614543, "alpha_pos_frac": 0.4824561403508772, "fund_max_dd": -0.021036638466940927, "first": "2016-09-06", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "usnyx": {"sym": "usnyx", "name": "Victory New York Bond Fund (Formerly USAA New York Bond Fund)", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": 7.250843983096449, "r2_5y": NaN, "r2_full": -1.9984014443252818e-15, "corr_portfolio": -0.06597177598949447, "corr_benchmark": 0.3513324398409089, "alpha_pos_frac": NaN, "fund_max_dd": -0.1536148799032271, "first": "1990-10-16", "verdict": "no 5y window", "alpha_name": false}, "utbpx": {"sym": "utbpx", "name": "UBS Multi Income Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0027468243602700973, "alpha_t_5y": 0.3471858570552147, "alpha_t_full": 1.185280465909325, "r2_5y": 0.8455465200863496, "r2_full": 0.8237311715488287, "corr_portfolio": -0.033071102556037256, "corr_benchmark": 0.6810094185790813, "alpha_pos_frac": 0.5982905982905983, "fund_max_dd": -0.16830706148851515, "first": "2016-05-24", "verdict": "weak/unstable alpha", "alpha_name": false}, "vadcx": {"sym": "vadcx", "name": "INVESCO EQUALLY-WEIGHTED S&P 500 FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010078186189675119, "alpha_t_5y": -0.6716519605564315, "alpha_t_full": 0.3640575057351593, "r2_5y": 0.9507838330126491, "r2_full": 0.9302441668256972, "corr_portfolio": 0.3395217403478759, "corr_benchmark": 0.5644233244999419, "alpha_pos_frac": 0.4708171206225681, "fund_max_dd": -0.6074449039682976, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vafax": {"sym": "vafax", "name": "INVESCO AMERICAN FRANCHISE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05805940937934049, "alpha_t_5y": -2.4193743329571644, "alpha_t_full": -1.571819846871243, "r2_5y": 0.9402496800144476, "r2_full": 0.8873334808758627, "corr_portfolio": 0.1656787157586473, "corr_benchmark": 0.5984952867723746, "alpha_pos_frac": 0.5120967741935484, "fund_max_dd": -0.48480433186148675, "first": "2005-06-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "valix": {"sym": "valix", "name": "VALUE LINE CAPITAL APPRECIATION FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.025957657171103828, "alpha_t_5y": -1.0736180552718293, "alpha_t_full": 4.324778188086256, "r2_5y": 0.9104971880427788, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.13198256136234532, "corr_benchmark": 0.5864150425985462, "alpha_pos_frac": 0.46613545816733065, "fund_max_dd": -0.3514292143638482, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vallx": {"sym": "vallx", "name": "VALUE LINE LARGER COMPANIES FOCUSED FUND, INC.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0428612834671569, "alpha_t_5y": -1.0838101183601951, "alpha_t_full": 3.4309241477628825, "r2_5y": 0.8824496291241439, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.09270654882121233, "corr_benchmark": 0.5677310953046953, "alpha_pos_frac": 0.5067264573991032, "fund_max_dd": -0.5336444527906845, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "valq": {"sym": "valq", "name": "American Century U.S. Quality Value ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011378576611155055, "alpha_t_5y": 0.5414788411819675, "alpha_t_full": -0.015885202248532626, "r2_5y": 0.8793795828540208, "r2_full": 0.8913628403010078, "corr_portfolio": 0.3794671553074451, "corr_benchmark": 0.5782029027149852, "alpha_pos_frac": 0.4948453608247423, "fund_max_dd": -0.3818733317086854, "first": "2018-01-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "valsx": {"sym": "valsx", "name": "Value Line Select Core Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07457559940121862, "alpha_t_5y": -2.2141694118776263, "alpha_t_full": 3.681965953761505, "r2_5y": 0.785772608842972, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.21417420471866264, "corr_benchmark": 0.5938881369089087, "alpha_pos_frac": 0.601593625498008, "fund_max_dd": -0.5507757839204781, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "vasgx": {"sym": "vasgx", "name": "Vanguard LifeStrategy 80/20 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0019713088149484683, "alpha_t_5y": 0.2253136735508793, "alpha_t_full": 0.39330451893742274, "r2_5y": 0.9734356677716531, "r2_full": 0.9753081350403617, "corr_portfolio": 0.31706966237452167, "corr_benchmark": 0.6521553448635754, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.5116353945627726, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vasix": {"sym": "vasix", "name": "Vanguard LifeStrategy 20/80 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.001418705007420399, "alpha_t_5y": 0.2459364880847442, "alpha_t_full": 6.280924228662263, "r2_5y": 0.9400388719798697, "r2_full": 8.881784197001252e-16, "corr_portfolio": 0.13340976618852188, "corr_benchmark": 0.9227965079939463, "alpha_pos_frac": 0.5838150289017341, "fund_max_dd": -0.18164534820250078, "first": "1994-10-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vasvx": {"sym": "vasvx", "name": "Vanguard Selected Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018673001544566577, "alpha_t_5y": 0.760221595861816, "alpha_t_full": 2.1139018591762526, "r2_5y": 0.9036791785786954, "r2_full": 0.8713253887515673, "corr_portfolio": 0.3915080171084932, "corr_benchmark": 0.512055254856349, "alpha_pos_frac": 0.44298245614035087, "fund_max_dd": -0.5569571920660914, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vbiax": {"sym": "vbiax", "name": "VANGUARD BALANCED INDEX FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00018867064659485957, "alpha_t_5y": 0.03850345835335491, "alpha_t_full": 3.282617441815348, "r2_5y": 0.9887296444220578, "r2_full": 0.960656142752039, "corr_portfolio": 0.2506944778065977, "corr_benchmark": 0.7363201041758902, "alpha_pos_frac": 0.4624277456647399, "fund_max_dd": -0.35895989540341255, "first": "2000-11-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vbilx": {"sym": "vbilx", "name": "Vanguard Intermediate-Term Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0022955064101650895, "alpha_t_5y": 0.5248655458956655, "alpha_t_full": -0.6531386290100135, "r2_5y": 0.9719263941227998, "r2_full": 0.9258739414807513, "corr_portfolio": -0.11240404802508555, "corr_benchmark": 0.6534356633098787, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.1896336752200526, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vbisx": {"sym": "vbisx", "name": "Vanguard Short-Term Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015618236814813268, "alpha_t_5y": -2.636866105781551, "alpha_t_full": 7.902124948894756, "r2_5y": 0.8401345154839186, "r2_full": 1.1102230246251565e-15, "corr_portfolio": -0.11910238449861336, "corr_benchmark": 0.4885162453545247, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.08706460794061821, "first": "1994-03-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "vbllx": {"sym": "vbllx", "name": "Vanguard Long-Term Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -4.9416794085918605e-05, "alpha_t_5y": -0.03283773887392453, "alpha_t_full": -2.013357897616742, "r2_5y": 0.9991962768409499, "r2_full": 0.9643270516461444, "corr_portfolio": -0.11998047644620623, "corr_benchmark": 0.7124523584457871, "alpha_pos_frac": 0.023121387283236993, "fund_max_dd": -0.38119415340415796, "first": "2006-02-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vbtlx": {"sym": "vbtlx", "name": "Vanguard Total Bond Market Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0050443916203711265, "alpha_t_5y": 1.148067770017708, "alpha_t_full": -0.21764470067166966, "r2_5y": 0.967889423831422, "r2_full": 0.8869165987948638, "corr_portfolio": -0.12291627081609816, "corr_benchmark": 0.6901765118664691, "alpha_pos_frac": 0.49710982658959535, "fund_max_dd": -0.18683274894502355, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vcaix": {"sym": "vcaix", "name": "Vanguard California Intermediate-Term Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006507115947961157, "alpha_t_5y": 0.6428428819295476, "alpha_t_full": 7.474062762470642, "r2_5y": 0.4034156853754842, "r2_full": -1.3322676295501878e-15, "corr_portfolio": 0.03203158480273146, "corr_benchmark": 0.3539511319031331, "alpha_pos_frac": 0.5330739299610895, "fund_max_dd": -0.11210184448885652, "first": "1994-03-07", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vcdax": {"sym": "vcdax", "name": "Vanguard Consumer Discretionary Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.060098595116371424, "alpha_t_5y": -1.4283652366107167, "alpha_t_full": -0.7808789666133087, "r2_5y": 0.8233792791831627, "r2_full": 0.8680569168097301, "corr_portfolio": 0.1750186691459407, "corr_benchmark": 0.60306486278509, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.6165643472913114, "first": "2004-02-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "vcitx": {"sym": "vcitx", "name": "Vanguard California Long-Term Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004940568160459082, "alpha_t_5y": 0.346470071518398, "alpha_t_full": 6.978914672975956, "r2_5y": 0.40575006758918375, "r2_full": 8.881784197001252e-16, "corr_portfolio": 0.024907652736402518, "corr_benchmark": 0.36724217277148424, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.1855415019993064, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vcmdx": {"sym": "vcmdx", "name": "Vanguard Commodity Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017579283745416518, "alpha_t_5y": 0.8295956093114112, "alpha_t_full": 1.685703015855265, "r2_5y": 0.8982006019948215, "r2_full": 0.8958850901886346, "corr_portfolio": 0.2795821366796367, "corr_benchmark": 0.17735773515219105, "alpha_pos_frac": 0.425, "fund_max_dd": -0.26671825078285527, "first": "2019-06-26", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vcorx": {"sym": "vcorx", "name": "Vanguard Core Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00668159288187532, "alpha_t_5y": 1.6742534240507458, "alpha_t_full": 2.8404931562274487, "r2_5y": 0.9715854421389868, "r2_full": 0.9610539993942044, "corr_portfolio": -0.12264412486917538, "corr_benchmark": 0.7207038131552557, "alpha_pos_frac": 0.4789915966386555, "fund_max_dd": -0.18192394603083628, "first": "2016-03-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vcsax": {"sym": "vcsax", "name": "Vanguard Consumer Staples Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.012694561195345387, "alpha_t_5y": 0.3254778403260139, "alpha_t_full": 1.7738621502465237, "r2_5y": 0.5151371255701108, "r2_full": 0.6544056461414096, "corr_portfolio": 0.2882251149427622, "corr_benchmark": 0.4644016731460247, "alpha_pos_frac": 0.5148936170212766, "fund_max_dd": -0.34338063462431334, "first": "2004-02-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "vctfx": {"sym": "vctfx", "name": "Nomura Tax-Free Colorado Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005257920672706032, "alpha_t_5y": 0.33674544386854877, "alpha_t_full": 7.210411302466371, "r2_5y": 0.39428021617245157, "r2_full": 1.4432899320127035e-15, "corr_portfolio": 0.03354751448139524, "corr_benchmark": 0.36803987627641754, "alpha_pos_frac": 0.5722543352601156, "fund_max_dd": -0.1599051568715547, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vdadx": {"sym": "vdadx", "name": "Vanguard Dividend Appreciation Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0005655309803178049, "alpha_t_5y": 0.035038690458106626, "alpha_t_full": -0.631185973059077, "r2_5y": 0.9258985290432138, "r2_full": 0.943431625452656, "corr_portfolio": 0.33427983126545424, "corr_benchmark": 0.5856666496486237, "alpha_pos_frac": 0.4794520547945205, "fund_max_dd": -0.3169768329708257, "first": "2013-12-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vdeqx": {"sym": "vdeqx", "name": "Vanguard Diversified Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.027600470527176728, "alpha_t_5y": -1.8649307730008784, "alpha_t_full": -1.7842738116322836, "r2_5y": 0.9635265784098658, "r2_full": 0.9749205266200135, "corr_portfolio": 0.25482709335013826, "corr_benchmark": 0.6093989263349344, "alpha_pos_frac": 0.5040322580645161, "fund_max_dd": -0.5625710768724265, "first": "2005-06-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vdigx": {"sym": "vdigx", "name": "Vanguard Dividend Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01611858862272257, "alpha_t_5y": -0.8387252238173276, "alpha_t_full": 3.813146322647154, "r2_5y": 0.8784607489425887, "r2_full": 0.0, "corr_portfolio": 0.3418748994417194, "corr_benchmark": 0.5698482342498701, "alpha_pos_frac": 0.5276595744680851, "fund_max_dd": -0.45227713478781095, "first": "1992-05-18", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vedtx": {"sym": "vedtx", "name": "Vanguard Extended Duration Treasury Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002418208510709493, "alpha_t_5y": -0.27200638351442624, "alpha_t_full": 0.12199537608573756, "r2_5y": 0.9903826715638349, "r2_full": 0.9652725825622935, "corr_portfolio": -0.18558920197264625, "corr_benchmark": 0.6408238903819863, "alpha_pos_frac": 0.3988439306358382, "fund_max_dd": -0.600024933592507, "first": "2007-11-21", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "veirx": {"sym": "veirx", "name": "Vanguard Equity Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018287772466261225, "alpha_t_5y": 1.0649706396995342, "alpha_t_full": 1.6487238516668505, "r2_5y": 0.9120697502897762, "r2_full": 0.9358011669260811, "corr_portfolio": 0.42041148795262556, "corr_benchmark": 0.5313858196545422, "alpha_pos_frac": 0.5022421524663677, "fund_max_dd": -0.540193781706579, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vemax": {"sym": "vemax", "name": "Vanguard Emerging Markets Stock Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00184311452351401, "alpha_t_5y": -0.11368751410787245, "alpha_t_full": -0.3799081967510414, "r2_5y": 0.9411511858417948, "r2_full": 0.9228445613749419, "corr_portfolio": 0.2951445799440059, "corr_benchmark": 0.4434035805335151, "alpha_pos_frac": 0.49122807017543857, "fund_max_dd": -0.6644683947953667, "first": "2006-06-26", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vembx": {"sym": "vembx", "name": "Vanguard Emerging Markets Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014708528313911211, "alpha_t_5y": 0.9261971643125108, "alpha_t_full": 2.460660941794673, "r2_5y": 0.6273125157780319, "r2_full": 0.630638313984763, "corr_portfolio": 0.22324468066885408, "corr_benchmark": 0.5691394381262688, "alpha_pos_frac": 0.5333333333333333, "fund_max_dd": -0.24355809364953274, "first": "2016-03-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "venax": {"sym": "venax", "name": "Vanguard Energy Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.06287964490693851, "alpha_t_5y": 0.9473727897843954, "alpha_t_full": 1.135843901876566, "r2_5y": 0.6624241256866985, "r2_full": 0.6048556710980776, "corr_portfolio": 0.37817255218002144, "corr_benchmark": 0.2665561373062884, "alpha_pos_frac": 0.46382978723404256, "fund_max_dd": -0.7441499988758469, "first": "2004-09-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "vesgx": {"sym": "vesgx", "name": "Vanguard Global ESG Select Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017499185359284786, "alpha_t_5y": 1.0256301399061434, "alpha_t_full": 1.7939491337159394, "r2_5y": 0.9222960990361901, "r2_full": 0.9451359186357753, "corr_portfolio": 0.29794896192113646, "corr_benchmark": 0.6351248996428658, "alpha_pos_frac": 0.48148148148148145, "fund_max_dd": -0.30515474131350817, "first": "2019-06-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "veusx": {"sym": "veusx", "name": "Vanguard European Stock Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005153063211353744, "alpha_t_5y": 0.32277147552272195, "alpha_t_full": 0.7454666586363886, "r2_5y": 0.9510777172649845, "r2_full": 0.8962250541197164, "corr_portfolio": 0.3709311684863222, "corr_benchmark": 0.5099014544790239, "alpha_pos_frac": 0.5067264573991032, "fund_max_dd": -0.6328039885305565, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vevfx": {"sym": "vevfx", "name": "Vanguard Explorer Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02372994953801549, "alpha_t_5y": 1.0115545661285599, "alpha_t_full": 0.6827541443396462, "r2_5y": 0.9276005400836747, "r2_full": 0.9479452690753474, "corr_portfolio": 0.33909903365840977, "corr_benchmark": 0.5158136521614146, "alpha_pos_frac": 0.4869109947643979, "fund_max_dd": -0.4753387060772998, "first": "2010-03-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vexax": {"sym": "vexax", "name": "Vanguard Extended Market Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.028705534065953317, "alpha_t_5y": -1.6211951602648929, "alpha_t_full": 0.6896305976673583, "r2_5y": 0.9644731164648445, "r2_full": 0.959077782630777, "corr_portfolio": 0.2230802003072895, "corr_benchmark": 0.5943085948297318, "alpha_pos_frac": 0.5, "fund_max_dd": -0.5808381183905612, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vexrx": {"sym": "vexrx", "name": "VANGUARD EXPLORER FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.030472535497051825, "alpha_t_5y": -1.618354041119709, "alpha_t_full": -0.7207535290200064, "r2_5y": 0.9554242357771968, "r2_full": 0.9541820933137369, "corr_portfolio": 0.2244982428070145, "corr_benchmark": 0.5843823091304061, "alpha_pos_frac": 0.5097276264591439, "fund_max_dd": -0.5726144976083822, "first": "2001-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfaix": {"sym": "vfaix", "name": "Vanguard Financials Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.022328952532531154, "alpha_t_5y": 0.6778305935571376, "alpha_t_full": 0.07797882268856153, "r2_5y": 0.8364222132982957, "r2_full": 0.8190665777247261, "corr_portfolio": 0.394242804383243, "corr_benchmark": 0.42919503085273425, "alpha_pos_frac": 0.4823529411764706, "fund_max_dd": -0.7863890059133843, "first": "2004-02-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "vffvx": {"sym": "vffvx", "name": "Vanguard Target Retirement 2055 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0018591390250486122, "alpha_t_5y": 0.19801135977283277, "alpha_t_full": 0.1660093991699885, "r2_5y": 0.9752149725809754, "r2_full": 0.9875868671288203, "corr_portfolio": 0.32318562886665486, "corr_benchmark": 0.6292735481950245, "alpha_pos_frac": 0.5260115606936416, "fund_max_dd": -0.3139639878415412, "first": "2010-08-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfiax": {"sym": "vfiax", "name": "Vanguard 500 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0010478385822677958, "alpha_t_5y": 0.23658910095011115, "alpha_t_full": 0.02529056154144726, "r2_5y": 0.996038023907253, "r2_full": 0.9862010631339633, "corr_portfolio": 0.2837530074798181, "corr_benchmark": 0.6172231249634884, "alpha_pos_frac": 0.5445544554455446, "fund_max_dd": -0.5520358948934877, "first": "2000-11-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfidx": {"sym": "vfidx", "name": "Vanguard Intermediate-Term Investment-Grade Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005507096440962219, "alpha_t_5y": 1.1088535143601428, "alpha_t_full": -0.489843714545275, "r2_5y": 0.963804512981305, "r2_full": 0.86831702473929, "corr_portfolio": -0.04028824543009168, "corr_benchmark": 0.6874770996371689, "alpha_pos_frac": 0.4624277456647399, "fund_max_dd": -0.2011992608951796, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfifx": {"sym": "vfifx", "name": "Vanguard Target Retirement 2050 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00024169769100317387, "alpha_t_5y": -0.025740538752584547, "alpha_t_full": -0.3283906113833097, "r2_5y": 0.9751847462306144, "r2_full": 0.9878444585872306, "corr_portfolio": 0.3231543750658838, "corr_benchmark": 0.6291760498570858, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.5167987422886766, "first": "2006-06-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfijx": {"sym": "vfijx", "name": "Vanguard GNMA Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0006280587246192198, "alpha_t_5y": -0.11171571092874799, "alpha_t_full": -0.018137236712106177, "r2_5y": 0.9496749777428514, "r2_full": 0.6610460306194912, "corr_portfolio": -0.08354973396931384, "corr_benchmark": 0.6354716230766317, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.15951588498293567, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfirx": {"sym": "vfirx", "name": "Vanguard Short-Term Treasury Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01617831570729706, "alpha_t_5y": -2.37585650996782, "alpha_t_full": 6.395493661618736, "r2_5y": 0.7443445487661412, "r2_full": 0.047454089025103396, "corr_portfolio": -0.13692369946448596, "corr_benchmark": 0.41071495730465024, "alpha_pos_frac": 0.48554913294797686, "fund_max_dd": -0.06740494755054938, "first": "2001-02-14", "verdict": "weak/unstable alpha", "alpha_name": false}, "vfiux": {"sym": "vfiux", "name": "Vanguard Intermediate-Term Treasury Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0037662902563903138, "alpha_t_5y": 0.7134743920677603, "alpha_t_full": 1.1113240077682787, "r2_5y": 0.9473300477427904, "r2_full": 0.9054186900409068, "corr_portfolio": -0.16885815692264297, "corr_benchmark": 0.5734439615238741, "alpha_pos_frac": 0.4913294797687861, "fund_max_dd": -0.15305938304943445, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfmf": {"sym": "vfmf", "name": "Vanguard U.S. Multifactor ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04430940300627395, "alpha_t_5y": 1.9588250247537693, "alpha_t_full": 1.3904671013494476, "r2_5y": 0.9117955299317566, "r2_full": 0.9338153563677893, "corr_portfolio": 0.39549773196800336, "corr_benchmark": 0.5524721104484916, "alpha_pos_frac": 0.4791666666666667, "fund_max_dd": -0.41339293374482533, "first": "2018-02-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfmfx": {"sym": "vfmfx", "name": "Vanguard U.S. Multifactor Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04020804067081005, "alpha_t_5y": 1.9863556861199765, "alpha_t_full": 1.257774515526234, "r2_5y": 0.9288619754917652, "r2_full": 0.9483449056749241, "corr_portfolio": 0.3942926442224065, "corr_benchmark": 0.5570907314888772, "alpha_pos_frac": 0.4375, "fund_max_dd": -0.4118012744719991, "first": "2018-02-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfmo": {"sym": "vfmo", "name": "Vanguard U.S. Momentum Factor ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017009692346024397, "alpha_t_5y": 0.47555430568963414, "alpha_t_full": 0.22410160169972104, "r2_5y": 0.8588198827365536, "r2_full": 0.8596555545163025, "corr_portfolio": 0.25191379678367265, "corr_benchmark": 0.5883459034241233, "alpha_pos_frac": 0.53125, "fund_max_dd": -0.36774244565437897, "first": "2018-02-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfmv": {"sym": "vfmv", "name": "Vanguard U.S. Minimum Volatility ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.023830214295902562, "alpha_t_5y": 1.071075982687405, "alpha_t_full": 0.919092120592483, "r2_5y": 0.7975987361837065, "r2_full": 0.8394032457383018, "corr_portfolio": 0.31947970619726157, "corr_benchmark": 0.6199455375859544, "alpha_pos_frac": 0.5520833333333334, "fund_max_dd": -0.33636589938224304, "first": "2018-02-16", "verdict": "weak/unstable alpha", "alpha_name": false}, "vforx": {"sym": "vforx", "name": "Vanguard Target Retirement 2040 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0009222372648334027, "alpha_t_5y": -0.10589918930373562, "alpha_t_full": 0.2500262340262977, "r2_5y": 0.9723429065254389, "r2_full": 0.9855359299974011, "corr_portfolio": 0.3214797426685481, "corr_benchmark": 0.63918708811324, "alpha_pos_frac": 0.4913294797687861, "fund_max_dd": -0.5163026427902013, "first": "2006-06-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfqy": {"sym": "vfqy", "name": "Vanguard U.S. Quality Factor ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009617759052627843, "alpha_t_5y": 0.4825398149246077, "alpha_t_full": 0.9556253986305988, "r2_5y": 0.9320780575845119, "r2_full": 0.9398922426754259, "corr_portfolio": 0.30038235251879714, "corr_benchmark": 0.5983067122992557, "alpha_pos_frac": 0.4583333333333333, "fund_max_dd": -0.3741407328138624, "first": "2018-02-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfsix": {"sym": "vfsix", "name": "Vanguard Short-Term Investment-Grade Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00596178507062053, "alpha_t_5y": -0.9983394025051361, "alpha_t_full": 6.122333222056648, "r2_5y": 0.8424719591336162, "r2_full": 1.4432899320127035e-15, "corr_portfolio": -0.012766742314748464, "corr_benchmark": 0.5234709192308717, "alpha_pos_frac": 0.4913294797687861, "fund_max_dd": -0.09214380381762055, "first": "1997-10-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "vfsnx": {"sym": "vfsnx", "name": "Vanguard FTSE All-World ex-US Small-Cap Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.023986175404277103, "alpha_t_5y": -1.319364736634154, "alpha_t_full": -1.895837245833011, "r2_5y": 0.9188227067620466, "r2_full": 0.90689418531484, "corr_portfolio": 0.37697027761358026, "corr_benchmark": 0.5506585414259568, "alpha_pos_frac": 0.5172413793103449, "fund_max_dd": -0.4364785037554646, "first": "2009-03-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vftnx": {"sym": "vftnx", "name": "Vanguard FTSE Social Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008988216062239634, "alpha_t_5y": -1.2702259954403303, "alpha_t_full": -0.30386984790168986, "r2_5y": 0.9914966851410191, "r2_full": 0.8745144977009486, "corr_portfolio": 0.2401710187192303, "corr_benchmark": 0.6221045807421244, "alpha_pos_frac": 0.48878923766816146, "fund_max_dd": -0.636863024183093, "first": "2000-06-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfva": {"sym": "vfva", "name": "Vanguard U.S. Value Factor ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03515390406804378, "alpha_t_5y": 1.2775114054346521, "alpha_t_full": 1.308590588469263, "r2_5y": 0.89390773035596, "r2_full": 0.915818102185411, "corr_portfolio": 0.40596238796755074, "corr_benchmark": 0.48799055065513797, "alpha_pos_frac": 0.4895833333333333, "fund_max_dd": -0.4857335852219272, "first": "2018-02-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfwsx": {"sym": "vfwsx", "name": "Vanguard FTSE All-World ex-US Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003086030111699938, "alpha_t_5y": 0.32744130349851197, "alpha_t_full": -0.11688169531131858, "r2_5y": 0.9787834757941203, "r2_full": 0.9742592966506756, "corr_portfolio": 0.37354943132409113, "corr_benchmark": 0.5426913361776702, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.6124603229622443, "first": "2007-03-09", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vgcax": {"sym": "vgcax", "name": "Vanguard Global Credit Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01050244305369273, "alpha_t_5y": 2.0735478284104696, "alpha_t_full": 3.1963588062033064, "r2_5y": 0.940395329638714, "r2_full": 0.9204979968475795, "corr_portfolio": -0.030644405219742193, "corr_benchmark": 0.7584433882205469, "alpha_pos_frac": 0.5402298850574713, "fund_max_dd": -0.1862778933412058, "first": "2018-11-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vgelx": {"sym": "vgelx", "name": "Vanguard Energy Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.05226644037486883, "alpha_t_5y": 1.3249013285944888, "alpha_t_full": 0.7665720342609577, "r2_5y": 0.6927887201002203, "r2_full": 0.6505978387341709, "corr_portfolio": 0.3735382116130365, "corr_benchmark": 0.3444406949909811, "alpha_pos_frac": 0.45739910313901344, "fund_max_dd": -0.6522251470520266, "first": "2001-11-13", "verdict": "weak/unstable alpha", "alpha_name": false}, "vghax": {"sym": "vghax", "name": "Vanguard Health Care Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.000324786322003844, "alpha_t_5y": -0.007734492728782074, "alpha_t_full": 1.504545421286952, "r2_5y": 0.5633090393753886, "r2_full": 0.6747497249825491, "corr_portfolio": 0.24368976338388523, "corr_benchmark": 0.5187435795708975, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.3685078921030539, "first": "2001-11-13", "verdict": "weak/unstable alpha", "alpha_name": false}, "vgiax": {"sym": "vgiax", "name": "Vanguard Growth and Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00015031930541798286, "alpha_t_5y": 0.01721741133467666, "alpha_t_full": -0.07777738010032434, "r2_5y": 0.9851268129442546, "r2_full": 0.9792525290375454, "corr_portfolio": 0.2953512820821749, "corr_benchmark": 0.6106285776274755, "alpha_pos_frac": 0.5450980392156862, "fund_max_dd": -0.5679085333524349, "first": "2001-05-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vgivx": {"sym": "vgivx", "name": "Vanguard Emerging Markets Government Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0032140964269522718, "alpha_t_5y": -0.20913132403176427, "alpha_t_full": 0.16170100923119307, "r2_5y": 0.6495137841279923, "r2_full": 0.6196487198022586, "corr_portfolio": 0.2035022139950216, "corr_benchmark": 0.5714073088052268, "alpha_pos_frac": 0.5555555555555556, "fund_max_dd": -0.2678716049253883, "first": "2013-05-15", "verdict": "weak/unstable alpha", "alpha_name": false}, "vglsx": {"sym": "vglsx", "name": "Global Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004596207868468526, "alpha_t_5y": 0.3082698369498445, "alpha_t_full": 0.2513906152721854, "r2_5y": 0.882883136005, "r2_full": 0.8651763606727594, "corr_portfolio": 0.3326708445120672, "corr_benchmark": 0.582128791454986, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.37051199650859856, "first": "2005-12-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vgpmx": {"sym": "vgpmx", "name": "Vanguard Global Capital Cycles Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.07439330904905427, "alpha_t_5y": 2.4684484701001943, "alpha_t_full": 2.1947014803356653, "r2_5y": 0.8351707528901897, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.24803012621803883, "corr_benchmark": 0.42311063755452494, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.790406403964184, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "vgrlx": {"sym": "vgrlx", "name": "Vanguard Global ex-U.S. Real Estate Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0431199049002718, "alpha_t_5y": -1.5334678851568013, "alpha_t_full": -1.1764660066000419, "r2_5y": 0.760284858883367, "r2_full": 0.7843737057596158, "corr_portfolio": 0.3501405853082368, "corr_benchmark": 0.5150764732129651, "alpha_pos_frac": 0.5217391304347826, "fund_max_dd": -0.3876591166513994, "first": "2010-11-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "vgsbx": {"sym": "vgsbx", "name": "VY(R) BrandywineGLOBAL - Bond Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018895813263539944, "alpha_t_5y": 1.5048385386320593, "alpha_t_full": 1.3474504795584914, "r2_5y": 0.8357120898882788, "r2_full": 0.7725201890748626, "corr_portfolio": -0.05303525279313667, "corr_benchmark": 0.6623018754553075, "alpha_pos_frac": 0.3484848484848485, "fund_max_dd": -0.18200666042467628, "first": "2015-02-20", "verdict": "weak/unstable alpha", "alpha_name": false}, "vgslx": {"sym": "vgslx", "name": "Vanguard Real Estate Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00024596961626322374, "alpha_t_5y": 0.03962407816125658, "alpha_t_full": -0.1799165358809603, "r2_5y": 0.9936563695510158, "r2_full": 0.9879745983204671, "corr_portfolio": 0.24041488125441673, "corr_benchmark": 0.5777107705013043, "alpha_pos_frac": 0.6770428015564203, "fund_max_dd": -0.7406503568212848, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vgstx": {"sym": "vgstx", "name": "Vanguard Star Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011578990717449342, "alpha_t_5y": -1.0711657760853157, "alpha_t_full": 5.034300280275909, "r2_5y": 0.9510733435679115, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.26783477700890523, "corr_benchmark": 0.7145144769141019, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.3861586415626237, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vgtsx": {"sym": "vgtsx", "name": "Vanguard Total International Stock Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0009728033383075031, "alpha_t_5y": 0.09883748214887882, "alpha_t_full": 0.9121695519908902, "r2_5y": 0.976371612900042, "r2_full": 0.9233649782643887, "corr_portfolio": 0.37743790811676853, "corr_benchmark": 0.5431520513068151, "alpha_pos_frac": 0.5028901734104047, "fund_max_dd": -0.6147758412665008, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vgwix": {"sym": "vgwix", "name": "Vanguard Global Wellesley Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020106491633914293, "alpha_t_5y": 2.8820011079124765, "alpha_t_full": 1.9771593942478294, "r2_5y": 0.9265396819938655, "r2_full": 0.8999862229059024, "corr_portfolio": 0.34168311606714363, "corr_benchmark": 0.7754633839997448, "alpha_pos_frac": 0.52, "fund_max_dd": -0.17737326228335726, "first": "2017-10-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vgwlx": {"sym": "vgwlx", "name": "Vanguard Global Wellington Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02284810206367847, "alpha_t_5y": 2.2808924360835756, "alpha_t_full": 2.5873016333833094, "r2_5y": 0.93177606014797, "r2_full": 0.9512315391051832, "corr_portfolio": 0.3839464816992213, "corr_benchmark": 0.6657575572082222, "alpha_pos_frac": 0.46, "fund_max_dd": -0.2528335560299918, "first": "2017-11-07", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vhcix": {"sym": "vhcix", "name": "Vanguard Health Care Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003708315091141624, "alpha_t_5y": 0.08926885555773569, "alpha_t_full": 1.051517774311364, "r2_5y": 0.5785087190437057, "r2_full": 0.6968379945637044, "corr_portfolio": 0.2499562780992058, "corr_benchmark": 0.5060781414841647, "alpha_pos_frac": 0.5148936170212766, "fund_max_dd": -0.3911865726797228, "first": "2004-02-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "vhcox": {"sym": "vhcox", "name": "Vanguard Capital Opportunity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.021914886585726864, "alpha_t_5y": 0.9113717759236932, "alpha_t_full": 1.6770565445205143, "r2_5y": 0.9143073286696599, "r2_full": 0.9051021561191614, "corr_portfolio": 0.2579588317549654, "corr_benchmark": 0.5821973564314161, "alpha_pos_frac": 0.49327354260089684, "fund_max_dd": -0.5475560473261712, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vhgex": {"sym": "vhgex", "name": "Vanguard Global Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03867775300747513, "alpha_t_5y": -2.322997306553206, "alpha_t_full": 1.3445550648902929, "r2_5y": 0.9524641410617821, "r2_full": 0.9262353117006151, "corr_portfolio": 0.27766991454825174, "corr_benchmark": 0.6176326466219212, "alpha_pos_frac": 0.5577689243027888, "fund_max_dd": -0.6367111225646651, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vhiax": {"sym": "vhiax", "name": "JPMorgan Growth Advantage Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04785018687646767, "alpha_t_5y": -2.459030795237446, "alpha_t_full": 0.6127052662237387, "r2_5y": 0.9572551690209036, "r2_full": 0.9272699216944967, "corr_portfolio": 0.1587895445017445, "corr_benchmark": 0.6007767822145881, "alpha_pos_frac": 0.4980544747081712, "fund_max_dd": -0.851579897914705, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vhyax": {"sym": "vhyax", "name": "Vanguard High Dividend Yield Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01889022449118663, "alpha_t_5y": 1.095339824666026, "alpha_t_full": 1.1041766540710838, "r2_5y": 0.9131418987630952, "r2_full": 0.9375362529504404, "corr_portfolio": 0.4031574096341115, "corr_benchmark": 0.534132589715483, "alpha_pos_frac": 0.4588235294117647, "fund_max_dd": -0.3514463823840198, "first": "2019-02-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vicsx": {"sym": "vicsx", "name": "Vanguard Intermediate-Term Corporate Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006481192500691645, "alpha_t_5y": 1.4732693699779893, "alpha_t_full": 1.191653844431527, "r2_5y": 0.9696668459508551, "r2_full": 0.907894789979567, "corr_portfolio": -0.03268224016036875, "corr_benchmark": 0.710111952645592, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.20526376356546439, "first": "2009-11-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vidax": {"sym": "vidax", "name": "Nomura Tax-Free Idaho Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004377505461141374, "alpha_t_5y": 0.2696165686559547, "alpha_t_full": 6.082272271370622, "r2_5y": 0.38792811060677024, "r2_full": -2.4424906541753444e-15, "corr_portfolio": 0.03579470565657216, "corr_benchmark": 0.3684015653011683, "alpha_pos_frac": 0.6069364161849711, "fund_max_dd": -0.1708973859361964, "first": "1995-01-04", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vigax": {"sym": "vigax", "name": "Vanguard Growth Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.021232903791517346, "alpha_t_5y": -1.4121491487094902, "alpha_t_full": 0.24444134653892777, "r2_5y": 0.9743273398526718, "r2_full": 0.9457540251461928, "corr_portfolio": 0.15127536970900018, "corr_benchmark": 0.6284891265291852, "alpha_pos_frac": 0.5112107623318386, "fund_max_dd": -0.5066165381996934, "first": "2000-11-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vigi": {"sym": "vigi", "name": "Vanguard International Dividend Appreciation Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01993840785392035, "alpha_t_5y": -1.1206226320748998, "alpha_t_full": -0.4274481314078193, "r2_5y": 0.9139287732955893, "r2_full": 0.9208580113624684, "corr_portfolio": 0.27603315232248316, "corr_benchmark": 0.6031666010376772, "alpha_pos_frac": 0.5, "fund_max_dd": -0.31006868757942707, "first": "2016-03-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "viitx": {"sym": "viitx", "name": "Vanguard Institutional Intermediate-Term Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0008294261647207519, "alpha_t_5y": -0.27008812457757064, "alpha_t_full": 6.537723620270554, "r2_5y": 0.9748242153833133, "r2_full": 0.9597573310357171, "corr_portfolio": -0.12087505256399539, "corr_benchmark": 0.6552900220427055, "alpha_pos_frac": 0.49193548387096775, "fund_max_dd": -0.1191999490224045, "first": "2015-11-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vimax": {"sym": "vimax", "name": "Vanguard Mid-Cap Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.016604294730426537, "alpha_t_5y": -0.9382623831663778, "alpha_t_full": 0.20286101931168726, "r2_5y": 0.9419411268697226, "r2_full": 0.9481289198811995, "corr_portfolio": 0.28780118214094425, "corr_benchmark": 0.6046344185429045, "alpha_pos_frac": 0.5330739299610895, "fund_max_dd": -0.5888227289871151, "first": "2001-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vinax": {"sym": "vinax", "name": "Vanguard Industrials Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01579763548517395, "alpha_t_5y": 0.5433441874242807, "alpha_t_full": 1.0274368343680198, "r2_5y": 0.8606775099168581, "r2_full": 0.8970260405068787, "corr_portfolio": 0.3487937426110444, "corr_benchmark": 0.5273235093519086, "alpha_pos_frac": 0.5695067264573991, "fund_max_dd": -0.6342580584385138, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vinex": {"sym": "vinex", "name": "Vanguard International Explorer Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04918641935182672, "alpha_t_5y": -2.3012024913419373, "alpha_t_full": 2.9096250727628923, "r2_5y": 0.910860316172064, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.3293155203902495, "corr_benchmark": 0.5576010675694391, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.6215980638841399, "first": "1996-11-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vinix": {"sym": "vinix", "name": "Vanguard Institutional Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0011256218375307765, "alpha_t_5y": 0.25421430439611176, "alpha_t_full": 0.18276965196827133, "r2_5y": 0.9960388346052115, "r2_full": 0.9853399794053344, "corr_portfolio": 0.28374730084093813, "corr_benchmark": 0.6171019466889602, "alpha_pos_frac": 0.5210355987055016, "fund_max_dd": -0.5518990189682955, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "viog": {"sym": "viog", "name": "Vanguard S&P Small-Cap 600 Growth Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004289917490767888, "alpha_t_5y": -0.21569781209919872, "alpha_t_full": 0.28296639886542635, "r2_5y": 0.9523894539355884, "r2_full": 0.89839540390512, "corr_portfolio": 0.2791857910644733, "corr_benchmark": 0.5315704279691736, "alpha_pos_frac": 0.4731182795698925, "fund_max_dd": -0.41731419505594536, "first": "2010-09-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vipix": {"sym": "vipix", "name": "Vanguard Inflation-Protected Securities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008275111387084578, "alpha_t_5y": 0.6487168672519282, "alpha_t_full": 0.49343955834116465, "r2_5y": 0.735578578523596, "r2_full": 0.6449516663733645, "corr_portfolio": -0.06734076346076816, "corr_benchmark": 0.6159921775046983, "alpha_pos_frac": 0.5387931034482759, "fund_max_dd": -0.1503562910023497, "first": "2003-12-16", "verdict": "weak/unstable alpha", "alpha_name": false}, "visgx": {"sym": "visgx", "name": "Vanguard Small-Cap Growth Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03961558605764934, "alpha_t_5y": -1.6424401692427266, "alpha_t_full": 0.3790113871429005, "r2_5y": 0.9416970086929967, "r2_full": 0.9324096351588852, "corr_portfolio": 0.16604519203634072, "corr_benchmark": 0.6034370603785812, "alpha_pos_frac": 0.4913294797687861, "fund_max_dd": -0.5874322038175565, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vistx": {"sym": "vistx", "name": "Vanguard Institutional Short-Term Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0011090884605250376, "alpha_t_5y": -0.25892290240343807, "alpha_t_full": 3.0294115326936706, "r2_5y": 0.7922365603397037, "r2_full": 0.6984783032515685, "corr_portfolio": -0.1266147842997812, "corr_benchmark": 0.44746407897823876, "alpha_pos_frac": 0.546875, "fund_max_dd": -0.056323532932057496, "first": "2015-06-22", "verdict": "weak/unstable alpha", "alpha_name": false}, "visvx": {"sym": "visvx", "name": "Vanguard Small-Cap Value Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.015446751424032835, "alpha_t_5y": 0.7832430586699031, "alpha_t_full": 1.624997266185437, "r2_5y": 0.9436614779335866, "r2_full": 0.9385885507053408, "corr_portfolio": 0.35676861226563966, "corr_benchmark": 0.5201065539688904, "alpha_pos_frac": 0.45525291828793774, "fund_max_dd": -0.6214664969133442, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vitax": {"sym": "vitax", "name": "Vanguard Information Technology Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020615758365191417, "alpha_t_5y": 0.8437034904431964, "alpha_t_full": -0.11433749635050725, "r2_5y": 0.9488427910070357, "r2_full": 0.9496485013892845, "corr_portfolio": 0.15453910915406238, "corr_benchmark": 0.5969401799797391, "alpha_pos_frac": 0.49416342412451364, "fund_max_dd": -0.5481179696728031, "first": "2004-02-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vitnx": {"sym": "vitnx", "name": "Vanguard Institutional Total Stock Market Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0038897200010494103, "alpha_t_5y": -0.761602436077079, "alpha_t_full": 0.646993975340514, "r2_5y": 0.9950257228181584, "r2_full": 0.9885063207587786, "corr_portfolio": 0.2750054586256891, "corr_benchmark": 0.6207931119587822, "alpha_pos_frac": 0.5085910652920962, "fund_max_dd": -0.5531933539904998, "first": "2001-09-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vitsx": {"sym": "vitsx", "name": "Vanguard Total Stock Market Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004106430190923948, "alpha_t_5y": -0.80419410520419, "alpha_t_full": 0.4634531934340572, "r2_5y": 0.9950274543775502, "r2_full": 0.9852760769170142, "corr_portfolio": 0.27535542786640077, "corr_benchmark": 0.620777351600336, "alpha_pos_frac": 0.49828178694158076, "fund_max_dd": -0.5530321626255595, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vklmx": {"sym": "vklmx", "name": "INVESCO INTERMEDIATE TERM MUNICIPAL INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007910587053182703, "alpha_t_5y": 0.7457071709196298, "alpha_t_full": 7.344863965116787, "r2_5y": 0.3892786067714037, "r2_full": 2.7755575615628914e-15, "corr_portfolio": 0.05755602584056815, "corr_benchmark": 0.3314104144804477, "alpha_pos_frac": 0.5953757225433526, "fund_max_dd": -0.13494751930836657, "first": "1993-06-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vkmgx": {"sym": "vkmgx", "name": "Invesco Quality Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00644514762475346, "alpha_t_5y": -1.0438346656487878, "alpha_t_full": 6.013497107795818, "r2_5y": 0.9444277712029936, "r2_full": 2.1094237467877974e-15, "corr_portfolio": -0.06267054270340533, "corr_benchmark": 0.6358936252172852, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.1894031127224901, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vkmmx": {"sym": "vkmmx", "name": "INVESCO MUNICIPAL INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0009610248660255685, "alpha_t_5y": 0.06128121232812193, "alpha_t_full": 6.231834008403867, "r2_5y": 0.3858252704950732, "r2_full": -1.9984014443252818e-15, "corr_portfolio": 0.04772318921346053, "corr_benchmark": 0.3425781103529545, "alpha_pos_frac": 0.5895953757225434, "fund_max_dd": -0.21196864411295024, "first": "1990-08-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vlaax": {"sym": "vlaax", "name": "VALUE LINE ASSET ALLOCATION FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04082833177332194, "alpha_t_5y": -1.7231596285992083, "alpha_t_full": 3.7057786750368615, "r2_5y": 0.7764033319535685, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.1998967703459434, "corr_benchmark": 0.6700321494893955, "alpha_pos_frac": 0.6175298804780877, "fund_max_dd": -0.4400750524259218, "first": "1993-08-25", "verdict": "weak/unstable alpha", "alpha_name": false}, "vlcax": {"sym": "vlcax", "name": "Vanguard Large-Cap Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01888270779523771, "alpha_t_5y": -2.3294686925330264, "alpha_t_full": 0.13986373497045293, "r2_5y": 0.9918951157375452, "r2_full": 0.990229939893407, "corr_portfolio": 0.2718996195422153, "corr_benchmark": 0.6192376051629869, "alpha_pos_frac": 0.44, "fund_max_dd": -0.5475807720205118, "first": "2004-02-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vlcix": {"sym": "vlcix", "name": "Vanguard Long-Term Corporate Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.000974922748772443, "alpha_t_5y": -0.11943417259569869, "alpha_t_full": -1.9154332630705961, "r2_5y": 0.9724414602040699, "r2_full": 0.9131009989737465, "corr_portfolio": -0.05227929742699147, "corr_benchmark": 0.749233290038932, "alpha_pos_frac": 0.44508670520231214, "fund_max_dd": -0.34555998185079617, "first": "2009-11-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vleox": {"sym": "vleox", "name": "Value Line Small Cap Opportunities Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01165066448286776, "alpha_t_5y": -0.4004924617502871, "alpha_t_full": 3.4201531741970395, "r2_5y": 0.8712979777833791, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.25755217498056376, "corr_benchmark": 0.5595242368123768, "alpha_pos_frac": 0.5387931034482759, "fund_max_dd": -0.5585559167764317, "first": "1993-06-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vlgsx": {"sym": "vlgsx", "name": "Vanguard Long-Term Treasury Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0026860786343613306, "alpha_t_5y": 0.5211118991911504, "alpha_t_full": -0.4873300032538083, "r2_5y": 0.992709274580605, "r2_full": 0.9857454056588666, "corr_portfolio": -0.19428646025749488, "corr_benchmark": 0.6458877081192715, "alpha_pos_frac": 0.5144508670520231, "fund_max_dd": -0.46244792417523584, "first": "2009-11-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vlifx": {"sym": "vlifx", "name": "VALUE LINE MID CAP FOCUSED FUND, INC.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.036733835611042286, "alpha_t_5y": -1.1941933336806712, "alpha_t_full": 3.139986561838953, "r2_5y": 0.8087222222407795, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.25622088491850026, "corr_benchmark": 0.5968965430180114, "alpha_pos_frac": 0.5689655172413793, "fund_max_dd": -0.614224766482662, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "vlxvx": {"sym": "vlxvx", "name": "Vanguard Target Retirement 2065 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0016542686971419036, "alpha_t_5y": 0.17908435907583578, "alpha_t_full": -0.15305575599570212, "r2_5y": 0.9760558153599452, "r2_full": 0.9841261896704196, "corr_portfolio": 0.2875060079977073, "corr_benchmark": 0.6649561492715302, "alpha_pos_frac": 0.5865384615384616, "fund_max_dd": -0.3141933758988561, "first": "2017-07-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vmatx": {"sym": "vmatx", "name": "Vanguard Massachusetts Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0014904264408252094, "alpha_t_5y": 0.10136457123572917, "alpha_t_full": 4.417818177468029, "r2_5y": 0.3911425931931224, "r2_full": -1.5543122344752192e-15, "corr_portfolio": 0.020428388208864622, "corr_benchmark": 0.3562455477296413, "alpha_pos_frac": 0.5525291828793775, "fund_max_dd": -0.1590875874873462, "first": "1998-12-10", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vmbsx": {"sym": "vmbsx", "name": "Vanguard Mortgage-Backed Securities Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00010058853004806077, "alpha_t_5y": -0.05558139443631741, "alpha_t_full": -0.5779453712798727, "r2_5y": 0.9950698829136426, "r2_full": 0.9894354139626159, "corr_portfolio": -0.10012594510203612, "corr_benchmark": 0.6697568289812329, "alpha_pos_frac": 0.6871794871794872, "fund_max_dd": -0.17432997157902597, "first": "2009-11-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vmctx": {"sym": "vmctx", "name": "Vanguard Mega Cap Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00023467070680531027, "alpha_t_5y": 0.041326429173871415, "alpha_t_full": 1.189435873911358, "r2_5y": 0.9938426707472464, "r2_full": 0.992771013583603, "corr_portfolio": 0.2651257963385773, "corr_benchmark": 0.6175401924403541, "alpha_pos_frac": 0.46788990825688076, "fund_max_dd": -0.5199800355346846, "first": "2007-12-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vmfgx": {"sym": "vmfgx", "name": "Vanguard S&P Mid-Cap 400 Growth Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.020169256816924323, "alpha_t_5y": -0.8358176707352748, "alpha_t_full": -0.48255793635857774, "r2_5y": 0.9229000975273735, "r2_full": 0.9397269692363195, "corr_portfolio": 0.27679036184287487, "corr_benchmark": 0.5931893053858572, "alpha_pos_frac": 0.5161290322580645, "fund_max_dd": -0.39151686434908195, "first": "2010-09-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vmfvx": {"sym": "vmfvx", "name": "Vanguard S&P Mid-Cap 400 Value Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016241153180972658, "alpha_t_5y": 0.7060198055758379, "alpha_t_full": 1.1593522263130218, "r2_5y": 0.9210873429197034, "r2_full": 0.9384241010563172, "corr_portfolio": 0.35194324351038736, "corr_benchmark": 0.514683261789779, "alpha_pos_frac": 0.4838709677419355, "fund_max_dd": -0.45785542838291815, "first": "2010-09-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vmgax": {"sym": "vmgax", "name": "Vanguard Mega Cap Growth Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01609447835428845, "alpha_t_5y": -1.0993704488255867, "alpha_t_full": -1.347165660904356, "r2_5y": 0.9764632058677434, "r2_full": 0.9724483978038858, "corr_portfolio": 0.14741697328371686, "corr_benchmark": 0.6251817215182789, "alpha_pos_frac": 0.5, "fund_max_dd": -0.4796504415146021, "first": "2007-12-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vmgix": {"sym": "vmgix", "name": "Vanguard Mid-Cap Growth Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05716764863870527, "alpha_t_5y": -1.9578569379150161, "alpha_t_full": -1.6873362696968586, "r2_5y": 0.8956128483785896, "r2_full": 0.9226018852715971, "corr_portfolio": 0.17228320033077044, "corr_benchmark": 0.623876426477844, "alpha_pos_frac": 0.5170940170940171, "fund_max_dd": -0.6020100833784888, "first": "2006-08-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vmgrx": {"sym": "vmgrx", "name": "Vanguard Mid-Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09184227001931673, "alpha_t_5y": -2.7018574544318157, "alpha_t_full": -1.5493419292449349, "r2_5y": 0.8825615688238859, "r2_full": 0.9019417800769566, "corr_portfolio": 0.1557125359142105, "corr_benchmark": 0.6088470142810724, "alpha_pos_frac": 0.5223367697594502, "fund_max_dd": -0.7173912174007164, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vmiax": {"sym": "vmiax", "name": "Vanguard Materials Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.035267454461965275, "alpha_t_5y": -0.9224624687348576, "alpha_t_full": 0.48767410665893995, "r2_5y": 0.7924713473057347, "r2_full": 0.8163925103017067, "corr_portfolio": 0.3405648190296342, "corr_benchmark": 0.5066994242284584, "alpha_pos_frac": 0.49327354260089684, "fund_max_dd": -0.6217011672641327, "first": "2004-02-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "vmltx": {"sym": "vmltx", "name": "Vanguard Limited-Term Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0010412312379910102, "alpha_t_5y": 0.14792422247581738, "alpha_t_full": 11.60173849308099, "r2_5y": 0.3886462803873336, "r2_full": 1.3322676295501878e-15, "corr_portfolio": 0.05623613509083528, "corr_benchmark": 0.29034509672538, "alpha_pos_frac": 0.4797687861271676, "fund_max_dd": -0.06411351300071522, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vmmsx": {"sym": "vmmsx", "name": "Vanguard Emerging Markets Select Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010518628547606544, "alpha_t_5y": -0.5105901689989659, "alpha_t_full": -0.3747861905692121, "r2_5y": 0.928402453270241, "r2_full": 0.9173807593816725, "corr_portfolio": 0.3137390159673667, "corr_benchmark": 0.4586154804780673, "alpha_pos_frac": 0.5852272727272727, "fund_max_dd": -0.39283499298224345, "first": "2011-06-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vmnix": {"sym": "vmnix", "name": "Vanguard Market Neutral Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.12912065637455916, "alpha_t_5y": 4.361786874321171, "alpha_t_full": 2.5879167048776455, "r2_5y": 0.029380364668611603, "r2_full": -1.1102230246251565e-15, "corr_portfolio": 0.3467529140312448, "corr_benchmark": -0.018030253731384765, "alpha_pos_frac": 0.5055762081784386, "fund_max_dd": -0.25345525956682635, "first": "1998-10-27", "verdict": "alpha, but correlated with current portfolio", "alpha_name": true}, "vmvfx": {"sym": "vmvfx", "name": "Vanguard Global Minimum Volatility Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.015630202933733094, "alpha_t_5y": 0.8261846943991876, "alpha_t_full": 1.3752110874887329, "r2_5y": 0.769443847527507, "r2_full": 0.8663075702667002, "corr_portfolio": 0.38034455341253026, "corr_benchmark": 0.5524580799255132, "alpha_pos_frac": 0.5821917808219178, "fund_max_dd": -0.33091638538294343, "first": "2013-12-16", "verdict": "weak/unstable alpha", "alpha_name": false}, "vmvix": {"sym": "vmvix", "name": "Vanguard Mid-Cap Value Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01542496338987499, "alpha_t_5y": 0.8378780267019831, "alpha_t_full": 1.6890188609776131, "r2_5y": 0.924662726760103, "r2_full": 0.9472770318973053, "corr_portfolio": 0.3876209537874597, "corr_benchmark": 0.5341417959271363, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.616052167097366, "first": "2006-08-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vmvlx": {"sym": "vmvlx", "name": "Vanguard Mega Cap Value Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.028704923901247244, "alpha_t_5y": 1.6223608377587335, "alpha_t_full": 1.9635928156804254, "r2_5y": 0.9029811735009474, "r2_full": 0.9564090212635543, "corr_portfolio": 0.412132387575641, "corr_benchmark": 0.5183211430246757, "alpha_pos_frac": 0.5, "fund_max_dd": -0.5578783994940124, "first": "2007-12-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vnjtx": {"sym": "vnjtx", "name": "Vanguard New Jersey Long-Term Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007068419354172839, "alpha_t_5y": 0.501312540430802, "alpha_t_full": 7.384433285298596, "r2_5y": 0.41385955415228826, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.031735451890282165, "corr_benchmark": 0.36454291448678094, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.15708238848034473, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vnvax": {"sym": "vnvax", "name": "Vaughan Nelson Mid Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0027107534842331165, "alpha_t_5y": 0.08818626010711185, "alpha_t_full": 0.009799002250808516, "r2_5y": 0.8506336801508784, "r2_full": 0.917212566651913, "corr_portfolio": 0.32841835713127177, "corr_benchmark": 0.5406463913699395, "alpha_pos_frac": 0.46153846153846156, "fund_max_dd": -0.4282645797810586, "first": "2008-11-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vnytx": {"sym": "vnytx", "name": "Vanguard New York Long-Term Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007596774597048336, "alpha_t_5y": 0.5077528495637104, "alpha_t_full": 7.105378241538393, "r2_5y": 0.4014402396431963, "r2_full": 2.6645352591003757e-15, "corr_portfolio": 0.015461554327395354, "corr_benchmark": 0.3622017074181369, "alpha_pos_frac": 0.5838150289017341, "fund_max_dd": -0.1818052043396685, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vohix": {"sym": "vohix", "name": "Vanguard Ohio Long-Term Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0016112686579792916, "alpha_t_5y": 0.10793158241013757, "alpha_t_full": 7.497408352303712, "r2_5y": 0.39350278336760647, "r2_full": 1.9984014443252818e-15, "corr_portfolio": 0.0200351771992567, "corr_benchmark": 0.361965413050033, "alpha_pos_frac": 0.5642023346303502, "fund_max_dd": -0.16798107855088773, "first": "1990-06-19", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "volmx": {"sym": "volmx", "name": "Volumetric Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04122177145939664, "alpha_t_5y": -2.4329270284211018, "alpha_t_full": 3.083662534473561, "r2_5y": 0.9121089399955498, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.3122750108189457, "corr_benchmark": 0.5711808269124834, "alpha_pos_frac": 0.5067264573991032, "fund_max_dd": -0.43313625545275214, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vpadx": {"sym": "vpadx", "name": "Vanguard Pacific Stock Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004724430038228587, "alpha_t_5y": -0.16177576990409862, "alpha_t_full": 0.5796506502911356, "r2_5y": 0.8429659746715231, "r2_full": 0.737442802526417, "corr_portfolio": 0.3549183823027031, "corr_benchmark": 0.5290416950763613, "alpha_pos_frac": 0.4349775784753363, "fund_max_dd": -0.5528135902882181, "first": "2001-08-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "vpaix": {"sym": "vpaix", "name": "Vanguard Pennsylvania Long-Term Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006107146250448303, "alpha_t_5y": 0.43064570750485026, "alpha_t_full": 7.582763512785941, "r2_5y": 0.39063117892084054, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.02427301435729458, "corr_benchmark": 0.3546537593448871, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.15764695873915657, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vpccx": {"sym": "vpccx", "name": "Vanguard PRIMECAP Core Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.030611589758075913, "alpha_t_5y": 1.304799982619719, "alpha_t_full": 2.478232062333111, "r2_5y": 0.9036135144986632, "r2_full": 0.9399377051394562, "corr_portfolio": 0.32006743177089503, "corr_benchmark": 0.5756330743472188, "alpha_pos_frac": 0.47085201793721976, "fund_max_dd": -0.4741222711012356, "first": "2004-12-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vpmcx": {"sym": "vpmcx", "name": "Vanguard PRIMECAP Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02384530158232268, "alpha_t_5y": 0.9914824630003826, "alpha_t_full": 4.616493975689583, "r2_5y": 0.9053902005208594, "r2_full": 0.0, "corr_portfolio": 0.28524501606862196, "corr_benchmark": 0.5860769986422867, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.5262079264985797, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vrgwx": {"sym": "vrgwx", "name": "Vanguard Russell 1000 Growth Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.022415640117162763, "alpha_t_5y": -1.579921361695219, "alpha_t_full": -1.7051674608057255, "r2_5y": 0.9754380909878368, "r2_full": 0.9762517130783013, "corr_portfolio": 0.16636926986086295, "corr_benchmark": 0.6267355963574542, "alpha_pos_frac": 0.5837837837837838, "fund_max_dd": -0.32697479357629367, "first": "2010-09-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vrnix": {"sym": "vrnix", "name": "Vanguard Russell 1000 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003088156291447265, "alpha_t_5y": -0.6003410502397423, "alpha_t_full": -0.8875701339201254, "r2_5y": 0.9948419563147158, "r2_full": 0.9956713018065362, "corr_portfolio": 0.2762399181109889, "corr_benchmark": 0.6222079752702865, "alpha_pos_frac": 0.5405405405405406, "fund_max_dd": -0.3456597080131585, "first": "2010-09-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vrtgx": {"sym": "vrtgx", "name": "Vanguard Russell 2000 Growth Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.026844141437940512, "alpha_t_5y": -1.4872319754980317, "alpha_t_full": -1.419520467123356, "r2_5y": 0.9703505659261709, "r2_full": 0.9723537542167582, "corr_portfolio": 0.18287645497640698, "corr_benchmark": 0.5629050120618453, "alpha_pos_frac": 0.5567567567567567, "fund_max_dd": -0.41926507944412705, "first": "2010-09-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vrtix": {"sym": "vrtix", "name": "Vanguard Russell 2000 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0021011761331408705, "alpha_t_5y": 0.36430285737884377, "alpha_t_full": 0.25996655625848597, "r2_5y": 0.9963288145537035, "r2_full": 0.9937944173527232, "corr_portfolio": 0.2542374927240262, "corr_benchmark": 0.5446691335961238, "alpha_pos_frac": 0.4648648648648649, "fund_max_dd": -0.4169066076042821, "first": "2010-09-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vrtpx": {"sym": "vrtpx", "name": "Vanguard Real Estate II Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0004749107132435678, "alpha_t_5y": 0.10306111416341311, "alpha_t_full": 0.033374992659336536, "r2_5y": 0.9965152230703115, "r2_full": 0.9943872791308372, "corr_portfolio": 0.21127498440583814, "corr_benchmark": 0.5868145180157349, "alpha_pos_frac": 0.49504950495049505, "fund_max_dd": -0.4233024319430697, "first": "2017-09-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vrttx": {"sym": "vrttx", "name": "Vanguard Russell 3000 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004368171776728777, "alpha_t_5y": -0.8631327113926014, "alpha_t_full": -0.6630195680143267, "r2_5y": 0.9950964851086025, "r2_full": 0.9961050168848518, "corr_portfolio": 0.2766996593391812, "corr_benchmark": 0.6209433233478259, "alpha_pos_frac": 0.4756756756756757, "fund_max_dd": -0.3496291742021975, "first": "2010-09-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vrtvx": {"sym": "vrtvx", "name": "Vanguard Russell 2000 Value Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03285943038227863, "alpha_t_5y": 1.8874126189839227, "alpha_t_full": 1.3119647809932033, "r2_5y": 0.9640849142467719, "r2_full": 0.9669289487199406, "corr_portfolio": 0.3161528086046489, "corr_benchmark": 0.495538939267024, "alpha_pos_frac": 0.42162162162162165, "fund_max_dd": -0.4597782178002857, "first": "2010-09-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vrvix": {"sym": "vrvix", "name": "Vanguard Russell 1000 Value Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020047709818217456, "alpha_t_5y": 1.423551362837592, "alpha_t_full": 1.7474626353886311, "r2_5y": 0.9487068980382267, "r2_full": 0.969428174705711, "corr_portfolio": 0.38559497766433143, "corr_benchmark": 0.5479555883066161, "alpha_pos_frac": 0.4486486486486487, "fund_max_dd": -0.382859579630886, "first": "2010-09-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vsbsx": {"sym": "vsbsx", "name": "Vanguard Short-Term Treasury Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002928739337741861, "alpha_t_5y": -0.7084607114970835, "alpha_t_full": -0.19388454383630213, "r2_5y": 0.8348024485899908, "r2_full": 0.7389802797851378, "corr_portfolio": -0.18483454847336064, "corr_benchmark": 0.4262081580156831, "alpha_pos_frac": 0.49743589743589745, "fund_max_dd": -0.05766331357868437, "first": "2009-11-24", "verdict": "weak/unstable alpha", "alpha_name": false}, "vscax": {"sym": "vscax", "name": "INVESCO SMALL CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.07271490765314682, "alpha_t_5y": 1.8798966155804988, "alpha_t_full": 2.14248449071234, "r2_5y": 0.8518901339989284, "r2_full": 0.7689499976779388, "corr_portfolio": 0.33841213618364824, "corr_benchmark": 0.4091888772131473, "alpha_pos_frac": 0.4484304932735426, "fund_max_dd": -0.5777400134113657, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vscgx": {"sym": "vscgx", "name": "Vanguard LifeStrategy 40/60 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002581005266363447, "alpha_t_5y": -0.40498373421557127, "alpha_t_full": 4.821057291449701, "r2_5y": 0.9590137479985715, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.257359251880119, "corr_benchmark": 0.8150684610620371, "alpha_pos_frac": 0.6502242152466368, "fund_max_dd": -0.3064460323818289, "first": "1994-10-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vscsx": {"sym": "vscsx", "name": "Vanguard Short-Term Corporate Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01632971304058741, "alpha_t_5y": 4.987473400923947, "alpha_t_full": 3.871415264983272, "r2_5y": 0.911934829174208, "r2_full": 0.8082631631030972, "corr_portfolio": -0.019157738815631865, "corr_benchmark": 0.5795062181844455, "alpha_pos_frac": 0.49710982658959535, "fund_max_dd": -0.09354033460507793, "first": "2009-11-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vscvx": {"sym": "vscvx", "name": "Victory Integrity Small-Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02751627035268179, "alpha_t_5y": 0.5804444844563826, "alpha_t_full": 0.63538084969629, "r2_5y": 0.768703205852929, "r2_full": 0.7795649722610813, "corr_portfolio": 0.3423092506137473, "corr_benchmark": 0.44960012139599176, "alpha_pos_frac": 0.4671814671814672, "fund_max_dd": -0.6072304605306207, "first": "2004-07-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "vseqx": {"sym": "vseqx", "name": "Vanguard Strategic Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.028155908028117273, "alpha_t_5y": 1.662569633753249, "alpha_t_full": 0.883376162561036, "r2_5y": 0.9589806815425501, "r2_full": 0.9219145424910969, "corr_portfolio": 0.3320529912208788, "corr_benchmark": 0.5721979075924313, "alpha_pos_frac": 0.5043859649122807, "fund_max_dd": -0.6355280741530911, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vsfax": {"sym": "vsfax", "name": "Federated Hermes MDT Small Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01708595378897437, "alpha_t_5y": 0.742207076558359, "alpha_t_full": -1.144484836047548, "r2_5y": 0.9321869434294182, "r2_full": 0.8083808751465923, "corr_portfolio": 0.3521743341951311, "corr_benchmark": 0.4901095693941773, "alpha_pos_frac": 0.5936395759717314, "fund_max_dd": -0.7790006792120723, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vsgdx": {"sym": "vsgdx", "name": "Vanguard Short-Term Federal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0058159812678299444, "alpha_t_5y": -0.893265617996574, "alpha_t_full": 3.6297223950773043, "r2_5y": 0.767588531367594, "r2_full": 0.6334974552492922, "corr_portfolio": -0.12201297521187225, "corr_benchmark": 0.45637352271260906, "alpha_pos_frac": 0.5144508670520231, "fund_max_dd": -0.07287175558360826, "first": "2002-07-31", "verdict": "weak/unstable alpha", "alpha_name": false}, "vsgx": {"sym": "vsgx", "name": "Vanguard ESG International Stock ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0014796898990436453, "alpha_t_5y": -0.16750032514444235, "alpha_t_full": -0.34958392555523615, "r2_5y": 0.9839584975757928, "r2_full": 0.9842571463578966, "corr_portfolio": 0.28943260181216574, "corr_benchmark": 0.6023899245315297, "alpha_pos_frac": 0.4606741573033708, "fund_max_dd": -0.3309169265377381, "first": "2018-09-21", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vsigx": {"sym": "vsigx", "name": "Vanguard Intermediate-Term Treasury Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00457958131864607, "alpha_t_5y": -1.1997597441812082, "alpha_t_full": -0.31054787575273485, "r2_5y": 0.9799735945660402, "r2_full": 0.9700925364962584, "corr_portfolio": -0.18986268111917182, "corr_benchmark": 0.582967064216918, "alpha_pos_frac": 0.517948717948718, "fund_max_dd": -0.16153768650797762, "first": "2009-11-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vsmax": {"sym": "vsmax", "name": "Vanguard Small-Cap Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01138808819184111, "alpha_t_5y": -0.8407121801010594, "alpha_t_full": 0.8855514905976445, "r2_5y": 0.9757723687206624, "r2_full": 0.9719935621510492, "corr_portfolio": 0.2807789014246272, "corr_benchmark": 0.5755163762615952, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.5967633793166731, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vsmgx": {"sym": "vsmgx", "name": "Vanguard LifeStrategy 60/40 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0018148738810777377, "alpha_t_5y": -0.24725537554675073, "alpha_t_full": 1.3122462402157502, "r2_5y": 0.9696570413852571, "r2_full": 0.9357136955778952, "corr_portfolio": 0.29913418457003116, "corr_benchmark": 0.7162555469718144, "alpha_pos_frac": 0.6636771300448431, "fund_max_dd": -0.41116366077146593, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vsmsx": {"sym": "vsmsx", "name": "Vanguard S&P Small-Cap 600 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017993591669788964, "alpha_t_5y": 0.9185901031127595, "alpha_t_full": 2.021148362033193, "r2_5y": 0.9535006888680404, "r2_full": 0.9680992857209557, "corr_portfolio": 0.3120650277975843, "corr_benchmark": 0.5160856346528329, "alpha_pos_frac": 0.45698924731182794, "fund_max_dd": -0.4441686306510527, "first": "2010-09-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vsmvx": {"sym": "vsmvx", "name": "Vanguard S&P Small-Cap 600 Value Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03722964375098102, "alpha_t_5y": 1.3420269999219059, "alpha_t_full": 1.877173435698937, "r2_5y": 0.9116068858464567, "r2_full": 0.9409127585802578, "corr_portfolio": 0.33646014635173976, "corr_benchmark": 0.481380047308533, "alpha_pos_frac": 0.489247311827957, "fund_max_dd": -0.4760704462065285, "first": "2010-09-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vspgx": {"sym": "vspgx", "name": "Vanguard S&P 500 Growth Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.019018786736786104, "alpha_t_5y": -1.3030700868628071, "alpha_t_full": -1.784118866412558, "r2_5y": 0.9735588337939131, "r2_full": 0.9771644256823473, "corr_portfolio": 0.1886633291859922, "corr_benchmark": 0.625095546129812, "alpha_pos_frac": 0.5698924731182796, "fund_max_dd": -0.32733821979257915, "first": "2010-09-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vspmx": {"sym": "vspmx", "name": "Vanguard S&P Mid-Cap 400 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007410512102593472, "alpha_t_5y": -0.3960857320489901, "alpha_t_full": 0.3031639602552799, "r2_5y": 0.9487233251627343, "r2_full": 0.9587018507816958, "corr_portfolio": 0.3216474330781256, "corr_benchmark": 0.5646414154034674, "alpha_pos_frac": 0.5376344086021505, "fund_max_dd": -0.4203791992908298, "first": "2010-09-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vspvx": {"sym": "vspvx", "name": "Vanguard S&P 500 Value Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01732251104327049, "alpha_t_5y": 1.064085907232252, "alpha_t_full": 1.5549211009745656, "r2_5y": 0.926882831366885, "r2_full": 0.9608820597586771, "corr_portfolio": 0.38060913346117425, "corr_benchmark": 0.5391242801239532, "alpha_pos_frac": 0.45161290322580644, "fund_max_dd": -0.3705137827407817, "first": "2010-09-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vstcx": {"sym": "vstcx", "name": "Vanguard Strategic Small-Cap Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.05306101183711186, "alpha_t_5y": 3.085359292986322, "alpha_t_full": 0.7952354579124082, "r2_5y": 0.9656137055767945, "r2_full": 0.9693521626238054, "corr_portfolio": 0.3195857542741418, "corr_benchmark": 0.544189105325885, "alpha_pos_frac": 0.521551724137931, "fund_max_dd": -0.6250197460679634, "first": "2006-04-21", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtbix": {"sym": "vtbix", "name": "Vanguard Total Bond Market II Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0038368102594683487, "alpha_t_5y": 0.9472952899566228, "alpha_t_full": -3.4526954576599986, "r2_5y": 0.972246769604468, "r2_full": 0.9386985243694714, "corr_portfolio": -0.12502248693248805, "corr_benchmark": 0.6915332414705392, "alpha_pos_frac": 0.6428571428571429, "fund_max_dd": -0.1871351056281264, "first": "2011-01-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtcax": {"sym": "vtcax", "name": "Vanguard Communication Services Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04149117875111567, "alpha_t_5y": -0.9236983045556382, "alpha_t_full": -1.0901243355840908, "r2_5y": 0.7477739509814023, "r2_full": 0.7589177661135597, "corr_portfolio": 0.14893800175949942, "corr_benchmark": 0.5610852384159672, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.5710965797496423, "first": "2004-09-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "vtclx": {"sym": "vtclx", "name": "Vanguard Tax-Managed Capital Appreciation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0037894458658983207, "alpha_t_5y": -0.728128077821589, "alpha_t_full": 0.13247982592113536, "r2_5y": 0.9947422955310171, "r2_full": 0.9871442506940995, "corr_portfolio": 0.2769438992978584, "corr_benchmark": 0.6201453211522898, "alpha_pos_frac": 0.5085910652920962, "fund_max_dd": -0.5517909357901662, "first": "2001-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vteax": {"sym": "vteax", "name": "Vanguard Tax-Exempt Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0036980442637710607, "alpha_t_5y": 0.3099919541584713, "alpha_t_full": 1.2953399743008838, "r2_5y": 0.34405891539051126, "r2_full": 0.31171172339496034, "corr_portfolio": 0.02575822374391431, "corr_benchmark": 0.3669607936915675, "alpha_pos_frac": 0.5555555555555556, "fund_max_dd": -0.127414006463751, "first": "2015-09-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "vthrx": {"sym": "vthrx", "name": "Vanguard Target Retirement 2030 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003680041059554444, "alpha_t_5y": -0.4800997399801027, "alpha_t_full": 0.07384857328703813, "r2_5y": 0.9691011514120246, "r2_full": 0.9770731328336199, "corr_portfolio": 0.31141034610191687, "corr_benchmark": 0.6799046311539243, "alpha_pos_frac": 0.5605381165919282, "fund_max_dd": -0.4957064834006045, "first": "2006-06-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtibx": {"sym": "vtibx", "name": "Vanguard Total International Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0008582421742709743, "alpha_t_5y": -0.08128429258214853, "alpha_t_full": 1.703717106577376, "r2_5y": 0.6686835066804049, "r2_full": 0.5866627930338932, "corr_portfolio": -0.11865696441610563, "corr_benchmark": 0.5716822140513137, "alpha_pos_frac": 0.5294117647058824, "fund_max_dd": -0.16167803353931165, "first": "2013-06-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "vtilx": {"sym": "vtilx", "name": "Vanguard Total International Bond II Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00032932665435100866, "alpha_t_5y": 0.031076232988291277, "alpha_t_full": 0.031076232988291277, "r2_5y": 0.673586907167935, "r2_full": 0.673586907167935, "corr_portfolio": -0.14604178465666257, "corr_benchmark": 0.6302506990686522, "alpha_pos_frac": 0.5, "fund_max_dd": -0.15853861250569834, "first": "2021-02-26", "verdict": "weak/unstable alpha", "alpha_name": false}, "vtinx": {"sym": "vtinx", "name": "Vanguard Target Retirement Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005056200316772759, "alpha_t_5y": 0.9008740531295844, "alpha_t_full": 0.8557196962729513, "r2_5y": 0.951249900839117, "r2_full": 0.9390510224816849, "corr_portfolio": 0.2402167985860722, "corr_benchmark": 0.8462247149037435, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.1995833322686671, "first": "2003-10-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtipx": {"sym": "vtipx", "name": "Vanguard Short-Term Inflation-Protected Securities Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02303294013764402, "alpha_t_5y": 3.4698029495399707, "alpha_t_full": 3.938075485654707, "r2_5y": 0.6342042220446052, "r2_full": 0.5996852230434012, "corr_portfolio": 0.02140292013081275, "corr_benchmark": 0.45290991436560396, "alpha_pos_frac": 0.49375, "fund_max_dd": -0.053597850594010676, "first": "2012-10-17", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vtivx": {"sym": "vtivx", "name": "Vanguard Target Retirement 2045 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0028236287511592875, "alpha_t_5y": -0.3039271715807202, "alpha_t_full": -0.5869534649566717, "r2_5y": 0.9732717127066233, "r2_full": 0.982585471194418, "corr_portfolio": 0.3234439736888114, "corr_benchmark": 0.6291604069758615, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.5169281004608544, "first": "2003-10-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtmfx": {"sym": "vtmfx", "name": "Vanguard Tax-Managed Balanced Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0018064718089858733, "alpha_t_5y": 0.3112862718054636, "alpha_t_full": 4.869661079017087, "r2_5y": 0.9735119929516306, "r2_full": 0.9560710482026639, "corr_portfolio": 0.2695326043888985, "corr_benchmark": 0.6652157740143153, "alpha_pos_frac": 0.5333333333333333, "fund_max_dd": -0.28491249156825094, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtmgx": {"sym": "vtmgx", "name": "Vanguard Developed Markets Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0033427398869120342, "alpha_t_5y": 0.2724080398437037, "alpha_t_full": 1.0824927156238058, "r2_5y": 0.9666708275070959, "r2_full": 0.9333280179261896, "corr_portfolio": 0.3886836498028451, "corr_benchmark": 0.548984336851371, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.6057720213605557, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtmsx": {"sym": "vtmsx", "name": "Vanguard Tax-Managed Small-Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01864122011558749, "alpha_t_5y": 0.9159137637557996, "alpha_t_full": 1.6989283425830861, "r2_5y": 0.9497696293635773, "r2_full": 0.954484483727986, "corr_portfolio": 0.31256998437074196, "corr_benchmark": 0.5153200693532384, "alpha_pos_frac": 0.48627450980392156, "fund_max_dd": -0.5783736850439216, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtrix": {"sym": "vtrix", "name": "Vanguard International Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006800981724877942, "alpha_t_5y": 0.4258033866417116, "alpha_t_full": 2.677553552283708, "r2_5y": 0.9417117123069337, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.39601096678569775, "corr_benchmark": 0.5135755141288082, "alpha_pos_frac": 0.48760330578512395, "fund_max_dd": -0.5940133123335132, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtthx": {"sym": "vtthx", "name": "Vanguard Target Retirement 2035 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003286847728602785, "alpha_t_5y": -0.3980188625750522, "alpha_t_full": -0.1077672201527698, "r2_5y": 0.9702925738833057, "r2_full": 0.9717496815137276, "corr_portfolio": 0.31797547499955486, "corr_benchmark": 0.6574695141556004, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.517603503163558, "first": "2003-10-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vttsx": {"sym": "vttsx", "name": "Vanguard Target Retirement 2060 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0017633384206222399, "alpha_t_5y": 0.1872668047574867, "alpha_t_full": 0.2225088471744029, "r2_5y": 0.9750855028311565, "r2_full": 0.9863256071999015, "corr_portfolio": 0.32293079582339435, "corr_benchmark": 0.6292133130402836, "alpha_pos_frac": 0.5562130177514792, "fund_max_dd": -0.31379046246520303, "first": "2012-01-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vttvx": {"sym": "vttvx", "name": "Vanguard Target Retirement 2025 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002811737555248849, "alpha_t_5y": -0.38544402161559566, "alpha_t_full": -0.09366389907645457, "r2_5y": 0.9636088252561967, "r2_full": 0.9588945158974622, "corr_portfolio": 0.30578926886391444, "corr_benchmark": 0.7016894973059606, "alpha_pos_frac": 0.5515695067264574, "fund_max_dd": -0.46028320906436127, "first": "2003-10-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtwix": {"sym": "vtwix", "name": "Vanguard Total World Stock Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004087010379393663, "alpha_t_5y": -0.7529592219929714, "alpha_t_full": -1.6776076079244309, "r2_5y": 0.9932476649906369, "r2_full": 0.9912151010748966, "corr_portfolio": 0.32681755941687407, "corr_benchmark": 0.6143653686263622, "alpha_pos_frac": 0.5801886792452831, "fund_max_dd": -0.4982360408240053, "first": "2008-06-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtwnx": {"sym": "vtwnx", "name": "Vanguard Target Retirement 2020 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0003321530081767246, "alpha_t_5y": -0.04963246638236623, "alpha_t_full": 0.48923095604524064, "r2_5y": 0.9538094979183783, "r2_full": 0.9592879378291321, "corr_portfolio": 0.2969375253886816, "corr_benchmark": 0.7275732219962466, "alpha_pos_frac": 0.5605381165919282, "fund_max_dd": -0.4215889088394861, "first": "2006-06-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vubfx": {"sym": "vubfx", "name": "Vanguard Ultra-Short-Term Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01367030211667184, "alpha_t_5y": 3.735785958635128, "alpha_t_full": 5.887812878073768, "r2_5y": 0.44503924963245445, "r2_full": 0.2811965744383753, "corr_portfolio": -0.0651460131101852, "corr_benchmark": 0.2709540150667939, "alpha_pos_frac": 0.45864661654135336, "fund_max_dd": -0.01850422302817223, "first": "2015-02-11", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "vuiax": {"sym": "vuiax", "name": "Vanguard Utilities Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005806172329839955, "alpha_t_5y": 0.11356863632266608, "alpha_t_full": 0.9762670350716189, "r2_5y": 0.49289694131495077, "r2_full": 0.5252087873063604, "corr_portfolio": 0.22969493456982634, "corr_benchmark": 0.4673346963428161, "alpha_pos_frac": 0.545816733067729, "fund_max_dd": -0.4628720209011963, "first": "2004-02-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "vusb": {"sym": "vusb", "name": "Vanguard Ultra-Short Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013280341909039865, "alpha_t_5y": 4.420683983114548, "alpha_t_full": 4.420683983114548, "r2_5y": 0.5479547413878423, "r2_full": 0.5479547413878423, "corr_portfolio": -0.07652550808720006, "corr_benchmark": 0.5034207261786696, "alpha_pos_frac": 0.5932203389830508, "fund_max_dd": -0.017943220689283335, "first": "2021-04-08", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "vusux": {"sym": "vusux", "name": "Vanguard Long-Term Treasury Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0010954923276211659, "alpha_t_5y": 0.18630872974957596, "alpha_t_full": -1.1009518409783912, "r2_5y": 0.9905712441087945, "r2_full": 0.9669333602582338, "corr_portfolio": -0.18795873272246771, "corr_benchmark": 0.6453710189901769, "alpha_pos_frac": 0.48554913294797686, "fund_max_dd": -0.46045183259250755, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vviax": {"sym": "vviax", "name": "Vanguard Value Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.028208036903276886, "alpha_t_5y": 1.727451931348108, "alpha_t_full": -0.24081283470324483, "r2_5y": 0.9212823335507475, "r2_full": 0.9309294205086476, "corr_portfolio": 0.412555843499971, "corr_benchmark": 0.523524652209541, "alpha_pos_frac": 0.48878923766816146, "fund_max_dd": -0.5931914956967199, "first": "2000-11-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vvoax": {"sym": "vvoax", "name": "INVESCO VALUE OPPORTUNITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.057873371312299235, "alpha_t_5y": 1.596240371244019, "alpha_t_full": 0.39586788159484015, "r2_5y": 0.8395570873542513, "r2_full": 0.7981351960701439, "corr_portfolio": 0.37626618326892136, "corr_benchmark": 0.4366974520704585, "alpha_pos_frac": 0.515695067264574, "fund_max_dd": -0.6207228784187142, "first": "2001-06-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "vwahx": {"sym": "vwahx", "name": "Vanguard High-Yield Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009415516586158268, "alpha_t_5y": 0.6369502416169052, "alpha_t_full": 8.001461291474667, "r2_5y": 0.41654481381163033, "r2_full": 2.9976021664879227e-15, "corr_portfolio": 0.03616473918305589, "corr_benchmark": 0.3571636460723977, "alpha_pos_frac": 0.5722543352601156, "fund_max_dd": -0.2068354768368117, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vweax": {"sym": "vweax", "name": "Vanguard High-Yield Corporate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018298347634577383, "alpha_t_5y": 1.5926789717546233, "alpha_t_full": 5.198674968519136, "r2_5y": 0.6683882113104858, "r2_full": 0.11983174547938458, "corr_portfolio": 0.28978903780252924, "corr_benchmark": 0.4522857065442789, "alpha_pos_frac": 0.4797687861271676, "fund_max_dd": -0.3002941199497874, "first": "2001-11-13", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vwenx": {"sym": "vwenx", "name": "VANGUARD WELLINGTON FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0033151415094878874, "alpha_t_5y": 0.3776865332602855, "alpha_t_full": 4.272701672421813, "r2_5y": 0.9643400073196198, "r2_full": 0.9399569799030046, "corr_portfolio": 0.29577518755800203, "corr_benchmark": 0.7036610350843094, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.36017632057011195, "first": "2001-05-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vwetx": {"sym": "vwetx", "name": "Vanguard Long-Term Investment-Grade Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0032268428948541866, "alpha_t_5y": -0.5670205901412504, "alpha_t_full": -2.797748614466781, "r2_5y": 0.9871159683049129, "r2_full": 0.9221189785986101, "corr_portfolio": -0.07045586325810717, "corr_benchmark": 0.7351043858464672, "alpha_pos_frac": 0.4393063583815029, "fund_max_dd": -0.3569722697926637, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vwiax": {"sym": "vwiax", "name": "VANGUARD WELLESLEY INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010536642929078877, "alpha_t_5y": 1.2871798880040626, "alpha_t_full": 2.5989582742891186, "r2_5y": 0.9188954159048368, "r2_full": 0.8966791697264672, "corr_portfolio": 0.32748252476382067, "corr_benchmark": 0.8166590050971356, "alpha_pos_frac": 0.5028901734104047, "fund_max_dd": -0.216410511632796, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vwicx": {"sym": "vwicx", "name": "Vanguard International Core Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020930173396218228, "alpha_t_5y": 1.3316984800998966, "alpha_t_full": 1.268066748280599, "r2_5y": 0.9421666431547828, "r2_full": 0.9452198889908253, "corr_portfolio": 0.3762935125132009, "corr_benchmark": 0.554904760819798, "alpha_pos_frac": 0.5714285714285714, "fund_max_dd": -0.34372139131353174, "first": "2019-09-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vwilx": {"sym": "vwilx", "name": "Vanguard International Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07782193238003143, "alpha_t_5y": -2.645664446003809, "alpha_t_full": 0.48497783845849085, "r2_5y": 0.9018224694292198, "r2_full": 0.8487823582358727, "corr_portfolio": 0.1870366840707424, "corr_benchmark": 0.5726303775755265, "alpha_pos_frac": 0.515695067264574, "fund_max_dd": -0.5949231713886121, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vwitx": {"sym": "vwitx", "name": "Vanguard Intermediate-Term Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008422365809641279, "alpha_t_5y": 0.8434851465573999, "alpha_t_full": 8.903743668664982, "r2_5y": 0.42403763135517347, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.03488133692865137, "corr_benchmark": 0.3435564200411563, "alpha_pos_frac": 0.5433526011560693, "fund_max_dd": -0.2069702105025527, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vwltx": {"sym": "vwltx", "name": "Vanguard Long-Term Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0035791032365086292, "alpha_t_5y": 0.2490132240117926, "alpha_t_full": 6.987411400887962, "r2_5y": 0.39932496925772565, "r2_full": -1.1102230246251565e-15, "corr_portfolio": 0.019307188177131788, "corr_benchmark": 0.3571255858539819, "alpha_pos_frac": 0.5603112840466926, "fund_max_dd": -0.2691671029737639, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vwnax": {"sym": "vwnax", "name": "Vanguard Windsor II Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006822448461695748, "alpha_t_5y": 0.4986108776523454, "alpha_t_full": 0.7431293100850755, "r2_5y": 0.9560433508811242, "r2_full": 0.9595415992175754, "corr_portfolio": 0.35137113349501886, "corr_benchmark": 0.5664380900414621, "alpha_pos_frac": 0.49327354260089684, "fund_max_dd": -0.5750965270803856, "first": "2001-05-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vwnex": {"sym": "vwnex", "name": "Vanguard Windsor Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01289354132304095, "alpha_t_5y": 0.7282762817494421, "alpha_t_full": -0.15724682342543742, "r2_5y": 0.9293620883651572, "r2_full": 0.9366781049199648, "corr_portfolio": 0.38830494833276236, "corr_benchmark": 0.5107238302511219, "alpha_pos_frac": 0.5106382978723404, "fund_max_dd": -0.6140599906331099, "first": "2001-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vwstx": {"sym": "vwstx", "name": "Vanguard Ultra-Short-Term Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018865025061150564, "alpha_t_5y": 5.199385039696665, "alpha_t_full": 14.872985619429034, "r2_5y": 0.366775245623412, "r2_full": -2.4424906541753444e-15, "corr_portfolio": 0.0723430002057971, "corr_benchmark": 0.24087949631072206, "alpha_pos_frac": 0.4393063583815029, "fund_max_dd": -0.03075957200809265, "first": "1990-01-03", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "vwuax": {"sym": "vwuax", "name": "Vanguard U.S. Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07338631278871953, "alpha_t_5y": -2.7670833257234615, "alpha_t_full": -1.852364618667273, "r2_5y": 0.9354415876591565, "r2_full": 0.924278051343363, "corr_portfolio": 0.10013715734657057, "corr_benchmark": 0.6173466006527826, "alpha_pos_frac": 0.5964125560538116, "fund_max_dd": -0.5036963395861764, "first": "2001-08-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vymi": {"sym": "vymi", "name": "Vanguard International High Dividend Yield Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04714151248202295, "alpha_t_5y": 3.383198657417, "alpha_t_full": 2.3289724760884836, "r2_5y": 0.9496255421762141, "r2_full": 0.9571379062331685, "corr_portfolio": 0.4363807884029878, "corr_benchmark": 0.5125469002383687, "alpha_pos_frac": 0.5, "fund_max_dd": -0.39996412767977396, "first": "2016-03-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vymqx": {"sym": "vymqx", "name": "Voya MI Dynamic SMID Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008987716315561544, "alpha_t_5y": -0.36832015416932884, "alpha_t_full": -0.5534021936708979, "r2_5y": 0.9174399668754948, "r2_full": 0.9359397595743281, "corr_portfolio": 0.3119211161278311, "corr_benchmark": 0.5943934142511275, "alpha_pos_frac": 0.5657894736842105, "fund_max_dd": -0.436823217568179, "first": "2019-11-12", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vysgx": {"sym": "vysgx", "name": "Voya MI Dynamic Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012543429843001956, "alpha_t_5y": -0.46230277604403325, "alpha_t_full": -0.3063343725956296, "r2_5y": 0.9155974077184615, "r2_full": 0.9322647475562548, "corr_portfolio": 0.2720052532492217, "corr_benchmark": 0.57706437112028, "alpha_pos_frac": 0.5263157894736842, "fund_max_dd": -0.43248539597154967, "first": "2019-11-12", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "waaex": {"sym": "waaex", "name": "Wasatch Small Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.12230765212903232, "alpha_t_5y": -3.041005116669023, "alpha_t_full": 3.4882333742774603, "r2_5y": 0.858264705169864, "r2_full": 0.0, "corr_portfolio": 0.13770366726407662, "corr_benchmark": 0.5704164771220015, "alpha_pos_frac": 0.5112107623318386, "fund_max_dd": -0.5647608723989028, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "waarx": {"sym": "waarx", "name": "Western Asset Total Return Unconstrained Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04124647808202069, "alpha_t_5y": -2.7972501412572885, "alpha_t_full": -0.266301020576037, "r2_5y": 0.5573369366558099, "r2_full": 0.5028569018300632, "corr_portfolio": 0.1435629039936486, "corr_benchmark": 0.5114434585100575, "alpha_pos_frac": 0.5384615384615384, "fund_max_dd": -0.23296497029892382, "first": "2006-07-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "wabmx": {"sym": "wabmx", "name": "Wilmington Broad Market Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00011877414231340161, "alpha_t_5y": 0.027205715133946862, "alpha_t_full": 4.785940715326178, "r2_5y": 0.9640218007386177, "r2_full": 6.661338147750939e-16, "corr_portfolio": -0.10052904280935002, "corr_benchmark": 0.6966647914757766, "alpha_pos_frac": 0.4046242774566474, "fund_max_dd": -0.1786129596674424, "first": "1994-04-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wacpx": {"sym": "wacpx", "name": "Western Asset Core Plus Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.018806148586648967, "alpha_t_5y": -1.8384169050173114, "alpha_t_full": 3.488940074295878, "r2_5y": 0.8865720837011751, "r2_full": 0.0, "corr_portfolio": -0.00015847678012290424, "corr_benchmark": 0.7502480986135237, "alpha_pos_frac": 0.5664739884393064, "fund_max_dd": -0.2557367240450402, "first": "1998-07-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "waemx": {"sym": "waemx", "name": "Wasatch Emerging Markets Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06157165491920949, "alpha_t_5y": -1.2575507211230221, "alpha_t_full": -0.9063541444412243, "r2_5y": 0.5951994316118094, "r2_full": 0.6777523632631222, "corr_portfolio": 0.2698294487282327, "corr_benchmark": 0.42959574738022066, "alpha_pos_frac": 0.48717948717948717, "fund_max_dd": -0.662762510251649, "first": "2007-10-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "waesx": {"sym": "waesx", "name": "Wasatch Emerging Markets Select Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08053851157851039, "alpha_t_5y": -1.7232989366216236, "alpha_t_full": -1.3752347974975951, "r2_5y": 0.7049892967342114, "r2_full": 0.675305978525895, "corr_portfolio": 0.20194695649544897, "corr_benchmark": 0.4782568031519552, "alpha_pos_frac": 0.45569620253164556, "fund_max_dd": -0.4584647932698759, "first": "2012-12-14", "verdict": "weak/unstable alpha", "alpha_name": false}, "wafmx": {"sym": "wafmx", "name": "Wasatch Frontier Emerging Small Countries Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09361227261436321, "alpha_t_5y": -2.108857799827967, "alpha_t_full": -1.4731819463601983, "r2_5y": 0.6452451476622949, "r2_full": 0.5315874019239237, "corr_portfolio": 0.1900086960027529, "corr_benchmark": 0.46150327389933055, "alpha_pos_frac": 0.514792899408284, "fund_max_dd": -0.4950255379554732, "first": "2012-02-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "wagox": {"sym": "wagox", "name": "Wasatch Global Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08471352634537874, "alpha_t_5y": -2.361521709739326, "alpha_t_full": -1.0691606937421159, "r2_5y": 0.8281763732825964, "r2_full": 0.8011276941254191, "corr_portfolio": 0.19451628682777078, "corr_benchmark": 0.5751002191993965, "alpha_pos_frac": 0.5072463768115942, "fund_max_dd": -0.4405746164402319, "first": "2008-11-18", "verdict": "weak/unstable alpha", "alpha_name": false}, "waigx": {"sym": "waigx", "name": "Wasatch International Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.12144148708422849, "alpha_t_5y": -3.400166212218389, "alpha_t_full": -0.8946693345764232, "r2_5y": 0.7917169250065127, "r2_full": 0.722479099251646, "corr_portfolio": 0.24077676295438555, "corr_benchmark": 0.5472425238641353, "alpha_pos_frac": 0.5381165919282511, "fund_max_dd": -0.6765889159835559, "first": "2002-07-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "wainx": {"sym": "wainx", "name": "Wasatch Emerging India Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.012221188008000549, "alpha_t_5y": 0.19264016840415307, "alpha_t_full": 1.115595384717103, "r2_5y": 0.2584229609777927, "r2_full": 0.3147699402845102, "corr_portfolio": 0.22460173510255882, "corr_benchmark": 0.2610970119321807, "alpha_pos_frac": 0.47752808988764045, "fund_max_dd": -0.41336124858606094, "first": "2011-04-27", "verdict": "weak/unstable alpha", "alpha_name": false}, "waiox": {"sym": "waiox", "name": "Wasatch International Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.15171488684460374, "alpha_t_5y": -3.7307857217835467, "alpha_t_full": -0.888679208565482, "r2_5y": 0.6762340204541333, "r2_full": 0.6188233980390344, "corr_portfolio": 0.246120133405443, "corr_benchmark": 0.4945089752310535, "alpha_pos_frac": 0.5435897435897435, "fund_max_dd": -0.6803597207974941, "first": "2005-01-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "wamcx": {"sym": "wamcx", "name": "Wasatch Ultra Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.10223961942519348, "alpha_t_5y": -2.4289117384415406, "alpha_t_full": 1.0044602406334862, "r2_5y": 0.8665040981751411, "r2_full": 0.8085136342336806, "corr_portfolio": 0.08638392730494919, "corr_benchmark": 0.5640408188646092, "alpha_pos_frac": 0.521551724137931, "fund_max_dd": -0.6570288569561195, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wamfx": {"sym": "wamfx", "name": "Boston Trust Walden Midcap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011134882686017698, "alpha_t_5y": -0.48275254667632983, "alpha_t_full": 0.34042565911523986, "r2_5y": 0.8761788019588552, "r2_full": 0.9143444359677584, "corr_portfolio": 0.32954653025505865, "corr_benchmark": 0.5618148248759072, "alpha_pos_frac": 0.5257142857142857, "fund_max_dd": -0.3680628489078037, "first": "2011-08-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wamvx": {"sym": "wamvx", "name": "Wasatch Micro Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005933524416318634, "alpha_t_5y": 0.19124210600972139, "alpha_t_full": 1.4401738413412613, "r2_5y": 0.8749030786891949, "r2_full": 0.8269252071484157, "corr_portfolio": 0.24996484458096963, "corr_benchmark": 0.5468543434435597, "alpha_pos_frac": 0.5022421524663677, "fund_max_dd": -0.6070201792073282, "first": "2003-07-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wasax": {"sym": "wasax", "name": "Nomura Asset Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.001330682288232755, "alpha_t_5y": -0.029959976826128408, "alpha_t_full": 1.324011993205685, "r2_5y": 0.5295906855980512, "r2_full": 0.4640772219150021, "corr_portfolio": 0.2899034432469541, "corr_benchmark": 0.5597930483415574, "alpha_pos_frac": 0.5317919075144508, "fund_max_dd": -0.3565379777068769, "first": "2000-07-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "wasmx": {"sym": "wasmx", "name": "Boston Trust Walden SMID Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002554288443211898, "alpha_t_5y": -0.10002932919198664, "alpha_t_full": 0.17450571270639909, "r2_5y": 0.8728897034671168, "r2_full": 0.9075065042406598, "corr_portfolio": 0.3158112680089156, "corr_benchmark": 0.5475993865680101, "alpha_pos_frac": 0.5365853658536586, "fund_max_dd": -0.3773585472913914, "first": "2012-07-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "watfx": {"sym": "watfx", "name": "Western Asset Core Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008149885035090818, "alpha_t_5y": -1.0000769538701142, "alpha_t_full": 5.693134867681679, "r2_5y": 0.9149082526708429, "r2_full": -6.661338147750939e-16, "corr_portfolio": -0.049498136778808655, "corr_benchmark": 0.731083705361807, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.23105626693477166, "first": "1990-09-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "watpx": {"sym": "watpx", "name": "Western Asset Inflation Indexed Plus Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0013330390168910125, "alpha_t_5y": 0.09824959309982588, "alpha_t_full": -2.148366938672093, "r2_5y": 0.7327697601709366, "r2_full": 0.6030362067693849, "corr_portfolio": -0.056539556880802165, "corr_benchmark": 0.6391068458034175, "alpha_pos_frac": 0.5086705202312138, "fund_max_dd": -0.19173265547191654, "first": "2002-07-31", "verdict": "weak/unstable alpha", "alpha_name": false}, "wayex": {"sym": "wayex", "name": "WAYCROSS MANAGED RISK EQUITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005649466107858644, "alpha_t_5y": -0.3583889468716955, "alpha_t_full": -0.5530245990937495, "r2_5y": 0.8635135418411555, "r2_full": 0.8499978945217721, "corr_portfolio": 0.2221868721802064, "corr_benchmark": 0.5591451773441146, "alpha_pos_frac": 0.5076923076923077, "fund_max_dd": -0.20765468122364827, "first": "2015-05-12", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wbalx": {"sym": "wbalx", "name": "Conservative Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009671996265878502, "alpha_t_5y": -0.7464294321746734, "alpha_t_full": 0.3112326911866479, "r2_5y": 0.8242561991279905, "r2_full": 0.8404475444438638, "corr_portfolio": 0.2717211564679957, "corr_benchmark": 0.6247094836608215, "alpha_pos_frac": 0.48936170212765956, "fund_max_dd": -0.43039733004614555, "first": "2003-10-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "wbvnx": {"sym": "wbvnx", "name": "William Blair Small Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0017291456472354658, "alpha_t_5y": -0.06289029118409614, "alpha_t_full": 0.06431830406319436, "r2_5y": 0.8986294567959578, "r2_full": 0.9164468946807052, "corr_portfolio": 0.355176542683468, "corr_benchmark": 0.49099360460699126, "alpha_pos_frac": 0.5411764705882353, "fund_max_dd": -0.5520345449675573, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wceax": {"sym": "wceax", "name": "Nomura Core Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00031863004066558947, "alpha_t_5y": -0.007350230486672268, "alpha_t_full": -0.42613628948747945, "r2_5y": 0.7173295357159247, "r2_full": 0.851399839235406, "corr_portfolio": 0.26864090107707195, "corr_benchmark": 0.570862822017832, "alpha_pos_frac": 0.5844155844155844, "fund_max_dd": -0.5632909577739643, "first": "2000-07-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "wceix": {"sym": "wceix", "name": "Virtus Westchester Event-Driven Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0037915440537941505, "alpha_t_5y": 0.25423162994515436, "alpha_t_full": 0.4428425908947092, "r2_5y": 0.44550871225218025, "r2_full": 0.5686477489078116, "corr_portfolio": 0.2700544031299819, "corr_benchmark": 0.4342969335345451, "alpha_pos_frac": 0.4246575342465753, "fund_max_dd": -0.216531822469881, "first": "2014-01-07", "verdict": "weak/unstable alpha", "alpha_name": false}, "wcmgx": {"sym": "wcmgx", "name": "First Trust WCM Focused Global Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02289298589914887, "alpha_t_5y": -0.6886132546056414, "alpha_t_full": -0.052249887779106274, "r2_5y": 0.8441300873704558, "r2_full": 0.8678612417868297, "corr_portfolio": 0.2077510621566422, "corr_benchmark": 0.5997876858314342, "alpha_pos_frac": 0.5328947368421053, "fund_max_dd": -0.3676423792494785, "first": "2013-07-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "wcpbx": {"sym": "wcpbx", "name": "Core Plus Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.021740141216867754, "alpha_t_5y": 3.229092311008464, "alpha_t_full": 3.3211296175790364, "r2_5y": 0.8888626540441802, "r2_full": 0.8166279204531568, "corr_portfolio": -0.02266382603414972, "corr_benchmark": 0.679066143504003, "alpha_pos_frac": 0.4460431654676259, "fund_max_dd": -0.13537831271034084, "first": "2014-08-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wdiax": {"sym": "wdiax", "name": "Wilmington Enhanced Dividend Income Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007509814180836856, "alpha_t_5y": 0.367161248038146, "alpha_t_full": -1.0527311536788464, "r2_5y": 0.8631243694081985, "r2_full": 0.5956499545567744, "corr_portfolio": 0.4135099622773924, "corr_benchmark": 0.5758991974309801, "alpha_pos_frac": 0.5964125560538116, "fund_max_dd": -0.48276142893026397, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wdiv": {"sym": "wdiv", "name": "State Street(R) SPDR(R) S&P(R) Global Dividend ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03829460524763474, "alpha_t_5y": 1.959634293543853, "alpha_t_full": 1.3537145107190458, "r2_5y": 0.8652550131694539, "r2_full": 0.8644807322051764, "corr_portfolio": 0.41842656451527555, "corr_benchmark": 0.4928229642714195, "alpha_pos_frac": 0.5228758169934641, "fund_max_dd": -0.42344518892167116, "first": "2013-05-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wefix": {"sym": "wefix", "name": "Short Duration Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007318834784019366, "alpha_t_5y": 1.2447858617900494, "alpha_t_full": 11.577742220786904, "r2_5y": 0.6130986104002951, "r2_full": 5.662137425588298e-15, "corr_portfolio": 0.03621468830878339, "corr_benchmark": 0.44421303775965204, "alpha_pos_frac": 0.44508670520231214, "fund_max_dd": -0.059832165076966204, "first": "1990-01-03", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "weusx": {"sym": "weusx", "name": "SIIT WORLD EQUITY EX-US FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 8.453829399695095e-05, "alpha_t_5y": 0.0037933610687573014, "alpha_t_full": -1.4645779604248474, "r2_5y": 0.8695635435259281, "r2_full": 0.8733632583509335, "corr_portfolio": 0.41622963201730273, "corr_benchmark": 0.48589711708943967, "alpha_pos_frac": 0.5765765765765766, "fund_max_dd": -0.6662650364430045, "first": "2007-09-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wggsx": {"sym": "wggsx", "name": "Wasatch Global Select Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.10915155019044837, "alpha_t_5y": -3.2243615640845045, "alpha_t_full": -2.4468829789306845, "r2_5y": 0.8263915159811098, "r2_full": 0.8512544789979248, "corr_portfolio": 0.1182245860992577, "corr_benchmark": 0.6350348942455755, "alpha_pos_frac": 0.5714285714285714, "fund_max_dd": -0.43353184735510464, "first": "2019-10-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "wgisx": {"sym": "wgisx", "name": "Wasatch International Select Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.1222125236641282, "alpha_t_5y": -3.0644237322617465, "alpha_t_full": -2.0470205814113442, "r2_5y": 0.7728394629729078, "r2_full": 0.780497300678927, "corr_portfolio": 0.09672789367643869, "corr_benchmark": 0.6085697651702847, "alpha_pos_frac": 0.5064935064935064, "fund_max_dd": -0.454878048780487, "first": "2019-10-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "wgrox": {"sym": "wgrox", "name": "Wasatch Core Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05226177791356693, "alpha_t_5y": -1.6357808441795092, "alpha_t_full": 3.5627064065284677, "r2_5y": 0.8901879830203028, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.20460761712422457, "corr_benchmark": 0.5810266414797395, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.6161040345439093, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "whiax": {"sym": "whiax", "name": "Nomura High Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007883967926277111, "alpha_t_5y": -0.48870100068596767, "alpha_t_full": 1.9886383593608117, "r2_5y": 0.5856430836026916, "r2_full": 0.5991521764662409, "corr_portfolio": 0.30623860928512414, "corr_benchmark": 0.3822933699321789, "alpha_pos_frac": 0.5260115606936416, "fund_max_dd": -0.2617460913852856, "first": "2001-11-13", "verdict": "weak/unstable alpha", "alpha_name": false}, "whosx": {"sym": "whosx", "name": "Wasatch-Hoisington U.S. Treasury Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006284804620615251, "alpha_t_5y": -0.24034157711407703, "alpha_t_full": 2.390737741720174, "r2_5y": 0.8682298431467752, "r2_full": 5.551115123125783e-16, "corr_portfolio": -0.1899143965571968, "corr_benchmark": 0.5959948580728329, "alpha_pos_frac": 0.4508670520231214, "fund_max_dd": -0.5421850230117555, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wiefx": {"sym": "wiefx", "name": "Boston Trust Walden International Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0059442285111692686, "alpha_t_5y": 0.37745429010341497, "alpha_t_full": 0.2265527774417027, "r2_5y": 0.9285892911497656, "r2_full": 0.8914864355180601, "corr_portfolio": 0.35355379694254824, "corr_benchmark": 0.5428738066689854, "alpha_pos_frac": 0.5038759689922481, "fund_max_dd": -0.29651664172681624, "first": "2015-06-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "winax": {"sym": "winax", "name": "Wilmington International Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003979734885992201, "alpha_t_5y": -0.20582711928684508, "alpha_t_full": -0.4055208988642423, "r2_5y": 0.9077257287099811, "r2_full": 0.8320258923457355, "corr_portfolio": 0.36214989126870195, "corr_benchmark": 0.5350811906812367, "alpha_pos_frac": 0.6233183856502242, "fund_max_dd": -0.6368130946080266, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "wmgrx": {"sym": "wmgrx", "name": "Nomura Mid Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.11954776082937493, "alpha_t_5y": -3.4831068824615903, "alpha_t_full": -2.345471584016638, "r2_5y": 0.8774765222671825, "r2_full": 0.9052517632590978, "corr_portfolio": 0.14324016972922599, "corr_benchmark": 0.6136156940016783, "alpha_pos_frac": 0.5603448275862069, "fund_max_dd": -0.5378433202293931, "first": "2005-12-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wmicx": {"sym": "wmicx", "name": "Wasatch Micro Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.054843380772753726, "alpha_t_5y": -1.5333976529976616, "alpha_t_full": 2.194222925649153, "r2_5y": 0.8821300688676141, "r2_full": 0.8046319110273312, "corr_portfolio": 0.15827524793313943, "corr_benchmark": 0.5440733777140916, "alpha_pos_frac": 0.4870689655172414, "fund_max_dd": -0.6521223217044136, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - 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idiosyncratic alpha, complements portfolio", "alpha_name": true}, "wnyax": {"sym": "wnyax", "name": "Wilmington New York Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0013708102987918314, "alpha_t_5y": -0.13824646042533076, "alpha_t_full": 5.566280006571044, "r2_5y": 0.3617425737385007, "r2_full": -5.773159728050814e-15, "corr_portfolio": 0.028468359768801896, "corr_benchmark": 0.3463404467852397, "alpha_pos_frac": 0.5371024734982333, "fund_max_dd": -0.11693808185885002, "first": "1993-09-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "wpopx": {"sym": "wpopx", "name": "Partners III Opportunity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05878453048937197, "alpha_t_5y": -1.876500092901142, "alpha_t_full": -1.0249009171625758, "r2_5y": 0.7782710319020902, "r2_full": 0.7964078033284502, "corr_portfolio": 0.24883797236768712, "corr_benchmark": 0.553376511717844, "alpha_pos_frac": 0.4462809917355372, "fund_max_dd": -0.5754926574454038, "first": "2006-01-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "wpsgx": {"sym": "wpsgx", "name": "AB Concentrated Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0734265821718336, "alpha_t_5y": -2.8738394692121063, "alpha_t_full": 2.9425766211070994, "r2_5y": 0.8848621043591046, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.2505200651502974, "corr_benchmark": 0.5927475886070235, "alpha_pos_frac": 0.5474137931034483, "fund_max_dd": -0.4806984590002825, "first": "1994-03-01", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "wsbfx": {"sym": "wsbfx", "name": "Boston Trust Walden Balanced Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.020014595449328983, "alpha_t_5y": -1.7454750307307565, "alpha_t_full": 1.6343860705767954, "r2_5y": 0.9378805132487462, "r2_full": 0.9127372671652776, "corr_portfolio": 0.2931987814437124, "corr_benchmark": 0.6572765319634675, "alpha_pos_frac": 0.5241635687732342, "fund_max_dd": -0.32005000153063123, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wsefx": {"sym": "wsefx", "name": "Boston Trust Walden Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.026225495817567755, "alpha_t_5y": -1.782753081639351, "alpha_t_full": 0.7411177154224503, "r2_5y": 0.9480784157397141, "r2_full": 0.9481986654238803, "corr_portfolio": 0.3121775209640662, "corr_benchmark": 0.586563763441743, "alpha_pos_frac": 0.4627831715210356, "fund_max_dd": -0.48027225493080783, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "xitk": {"sym": "xitk", "name": "State Street(R) SPDR(R) FactSet Innovative Technology ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.11371841795560535, "alpha_t_5y": -1.832966474827031, "alpha_t_full": -0.8323643609724087, "r2_5y": 0.8008077247804137, "r2_full": 0.7527910029406478, "corr_portfolio": -0.008542636098263966, "corr_benchmark": 0.5503694951221288, "alpha_pos_frac": 0.5289256198347108, "fund_max_dd": -0.6556055469570798, "first": "2016-01-15", "verdict": "weak/unstable alpha", "alpha_name": false}, "xlre": {"sym": "xlre", "name": "State Street(R) Real Estate Select Sector SPDR(R) ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0068869698706165005, "alpha_t_5y": 0.7179354823556383, "alpha_t_full": 0.819735743358345, "r2_5y": 0.9852348530677096, "r2_full": 0.9609383104145018, "corr_portfolio": 0.1969365914554646, "corr_benchmark": 0.5683976748547654, "alpha_pos_frac": 0.448, "fund_max_dd": -0.3882475653980426, "first": "2015-10-09", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "xmhq": {"sym": "xmhq", "name": "Invesco S&P MidCap Quality ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007828770674310351, "alpha_t_5y": 0.24736606411456036, "alpha_t_full": -0.16917131973912405, "r2_5y": 0.8658783579417604, "r2_full": 0.7466231353062622, "corr_portfolio": 0.3072653884873339, "corr_benchmark": 0.5279032457952386, "alpha_pos_frac": 0.4805194805194805, "fund_max_dd": -0.5819075730668914, "first": "2006-12-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "xmlv": {"sym": "xmlv", "name": "Invesco S&P MidCap Low Volatility ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010373912355467287, "alpha_t_5y": 0.4259197585823522, "alpha_t_full": 1.751192053529637, "r2_5y": 0.8375634285047324, "r2_full": 0.8739508330509953, "corr_portfolio": 0.3624205621541315, "corr_benchmark": 0.5423699716643859, "alpha_pos_frac": 0.5641025641025641, "fund_max_dd": -0.3986087159194094, "first": "2013-02-19", "verdict": "weak/unstable alpha", "alpha_name": false}, "xmmo": {"sym": "xmmo", "name": "Invesco S&P MidCap Momentum ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02228669917531602, "alpha_t_5y": 0.5443303295632779, "alpha_t_full": 0.5303769959715362, "r2_5y": 0.8067104486037971, "r2_full": 0.8328898185306383, "corr_portfolio": 0.280198182234732, "corr_benchmark": 0.5526995583881993, "alpha_pos_frac": 0.44508670520231214, "fund_max_dd": -0.5536854793083998, "first": "2005-03-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "xmvm": {"sym": "xmvm", "name": "Invesco S&P MidCap Value with Momentum ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04754476527840008, "alpha_t_5y": 1.3731943785531042, "alpha_t_full": 0.7365289881190069, "r2_5y": 0.8558959710260678, "r2_full": 0.83343836486768, "corr_portfolio": 0.3825367624102276, "corr_benchmark": 0.4649809546641647, "alpha_pos_frac": 0.5158730158730159, "fund_max_dd": -0.628238834465589, "first": "2005-03-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "xntk": {"sym": "xntk", "name": "State Street(R) SPDR(R) NYSE Technology ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.022985795996908077, "alpha_t_5y": 0.8502425383832245, "alpha_t_full": 0.3871343770731032, "r2_5y": 0.9505996253981635, "r2_full": 0.8261287113628677, "corr_portfolio": 0.11220048699137908, "corr_benchmark": 0.5697517992505668, "alpha_pos_frac": 0.50199203187251, "fund_max_dd": -0.7626066564999899, "first": "2000-10-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "xshq": {"sym": "xshq", "name": "Invesco S&P SmallCap Quality ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.012930217260808214, "alpha_t_5y": 0.3944124408669022, "alpha_t_full": 0.4462536857442538, "r2_5y": 0.8693503538569113, "r2_full": 0.7808606134891658, "corr_portfolio": 0.30331086186624, "corr_benchmark": 0.48026144742162397, "alpha_pos_frac": 0.4953271028037383, "fund_max_dd": -0.3833128924669289, "first": "2017-04-12", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "xslv": {"sym": "xslv", "name": "Invesco S&P SmallCap Low Volatility ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.012922933762909733, "alpha_t_5y": 0.41926798376373436, "alpha_t_full": 1.1308197703386969, "r2_5y": 0.8105074912129009, "r2_full": 0.856108423706567, "corr_portfolio": 0.3468526324534221, "corr_benchmark": 0.47124112213837355, "alpha_pos_frac": 0.5961538461538461, "fund_max_dd": -0.44336557658778386, "first": "2013-02-19", "verdict": "weak/unstable alpha", "alpha_name": false}, "xsmo": {"sym": "xsmo", "name": "Invesco S&P SmallCap Momentum ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.031171022258027262, "alpha_t_5y": 0.8465372964767487, "alpha_t_full": -0.4368564751709332, "r2_5y": 0.8608266140529695, "r2_full": 0.8192513390503813, "corr_portfolio": 0.27868843476507543, "corr_benchmark": 0.5005401597060205, "alpha_pos_frac": 0.517948717948718, "fund_max_dd": -0.5807451093108752, "first": "2005-03-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "xsvm": {"sym": "xsvm", "name": "Invesco S&P SmallCap Value with Momentum ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.08377839538839191, "alpha_t_5y": 1.7567513979350058, "alpha_t_full": 1.5211149508054758, "r2_5y": 0.7780262260356515, "r2_full": 0.8410710010178171, "corr_portfolio": 0.3590219006119822, "corr_benchmark": 0.4150780156343713, "alpha_pos_frac": 0.42857142857142855, "fund_max_dd": -0.6256982514979584, "first": "2005-03-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "ycgex": {"sym": "ycgex", "name": "YCG Enhanced Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.045537978610799786, "alpha_t_5y": -1.3556440509267234, "alpha_t_full": -0.8570737438197407, "r2_5y": 0.7817238870211977, "r2_full": 0.8555951934218184, "corr_portfolio": 0.23571000894971192, "corr_benchmark": 0.5913815162830864, "alpha_pos_frac": 0.569620253164557, "fund_max_dd": -0.3590307942878992, "first": "2013-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "zvgix": {"sym": "zvgix", "name": "Zevenbergen Genea Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.10337361442114261, "alpha_t_5y": -1.403674871336429, "alpha_t_full": -0.6444000353941024, "r2_5y": 0.801100098123646, "r2_full": 0.7858582935586051, "corr_portfolio": -0.050814323870191205, "corr_benchmark": 0.5509851035735001, "alpha_pos_frac": 0.49206349206349204, "fund_max_dd": -0.6862951901718308, "first": "2015-09-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "zvnix": {"sym": "zvnix", "name": "Zevenbergen Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.13334176115034535, "alpha_t_5y": -2.045928090319022, "alpha_t_full": -1.4400743404602045, "r2_5y": 0.8152653161741388, "r2_full": 0.8119750739858038, "corr_portfolio": -0.05411552962558509, "corr_benchmark": 0.5648850487773036, "alpha_pos_frac": 0.5238095238095238, "fund_max_dd": -0.6609743261509207, "first": "2015-09-03", "verdict": "weak/unstable alpha", "alpha_name": false}}
\ No newline at end of file
+{
+ "aaaax": {
+  "sym": "aaaax",
+  "name": "DWS RREEF Real Assets Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02486564021601787,
+  "alpha_t_5y": -1.5313223118366281,
+  "alpha_t_full": -1.3780034733745115,
+  "r2_5y": 0.8980487716232942,
+  "r2_full": 0.82475016877235,
+  "corr_portfolio": 0.3663413480361542,
+  "corr_benchmark": 0.5865351836854442,
+  "alpha_pos_frac": 0.5201793721973094,
+  "fund_max_dd": -0.4016288379156525,
+  "first": "2007-08-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.32, djp +0.20, vea +0.26, qqq -0.21, ivv +0.26, gld +0.05",
+  "ref_full": "vea +0.16, vnq +0.11, djp +0.18, vweax +0.30, ief +0.20, ivv +0.13"
+ },
+ "aaaox": {
+  "sym": "aaaox",
+  "name": "ONE CHOICE BLEND+ IN RETIREMENT PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005003874928812508,
+  "alpha_t_5y": -0.8370950455931178,
+  "alpha_t_full": -0.8370950455931178,
+  "r2_5y": 0.964188224916363,
+  "r2_full": 0.964188224916363,
+  "corr_portfolio": 0.09542294247246016,
+  "corr_benchmark": 0.8499877000535705,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.189499032730719,
+  "first": "2021-03-11",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.26, agg +0.39, efa +0.10, iwm +0.05, vweax +0.13, qqq -0.04",
+  "ref_full": "ivv +0.26, agg +0.39, efa +0.10, iwm +0.05, vweax +0.13, qqq -0.04"
+ },
+ "aaarx": {
+  "sym": "aaarx",
+  "name": "STRATEGIC ALLOCATION: AGGRESSIVE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015745058618495646,
+  "alpha_t_5y": -1.7172474264270217,
+  "alpha_t_full": -1.3414886358073648,
+  "r2_5y": 0.9720461485990897,
+  "r2_full": 0.9685918862933193,
+  "corr_portfolio": 0.3225122268166367,
+  "corr_benchmark": 0.6465388382686551,
+  "alpha_pos_frac": 0.4797687861271676,
+  "fund_max_dd": -0.4667608427434139,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.36, vea +0.20, iwm +0.14, vblix +0.05, vwo +0.05, vweax +0.11",
+  "ref_full": "ivv +0.39, efa +0.15, iwm +0.13, vweax +0.16, vwo +0.06, agg +0.11"
+ },
+ "aaatx": {
+  "sym": "aaatx",
+  "name": "American Funds 2010 Target Date Retirement Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0010111661357998306,
+  "alpha_t_5y": 0.17127810724634135,
+  "alpha_t_full": 0.16570563629836343,
+  "r2_5y": 0.9523420333323046,
+  "r2_full": 0.9337931814956606,
+  "corr_portfolio": 0.33136805339229963,
+  "corr_benchmark": 0.7527783923898494,
+  "alpha_pos_frac": 0.517948717948718,
+  "fund_max_dd": -0.4044292356210355,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.38, vmbix +0.18, efa +0.10, qqq -0.13, ief +0.20, djp +0.02",
+  "ref_full": "ivv +0.29, efa +0.13, ief +0.22, vnq +0.03, vwo +0.06, qqq -0.07"
+ },
+ "aabkx": {
+  "sym": "aabkx",
+  "name": "ONE CHOICE BLEND+ 2025 PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006636675386186282,
+  "alpha_t_5y": -1.0828817763101435,
+  "alpha_t_full": -1.0828817763101435,
+  "r2_5y": 0.9693376477887424,
+  "r2_full": 0.9693376477887424,
+  "corr_portfolio": 0.10222345049772473,
+  "corr_benchmark": 0.8224653871960524,
+  "alpha_pos_frac": 0.5333333333333333,
+  "fund_max_dd": -0.1999851190917783,
+  "first": "2021-03-11",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.27, agg +0.35, efa +0.12, iwm +0.07, vweax +0.15, qqq -0.04",
+  "ref_full": "ivv +0.27, agg +0.35, efa +0.12, iwm +0.07, vweax +0.15, qqq -0.04"
+ },
+ "aacpx": {
+  "sym": "aacpx",
+  "name": "ONE CHOICE BLEND+ 2035 PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016910689643548197,
+  "alpha_t_5y": -2.366859220586317,
+  "alpha_t_full": -2.366859220586317,
+  "r2_5y": 0.9748823178266687,
+  "r2_full": 0.9748823178266687,
+  "corr_portfolio": 0.11220858696305178,
+  "corr_benchmark": 0.7619139629937716,
+  "alpha_pos_frac": 0.55,
+  "fund_max_dd": -0.23500701528020884,
+  "first": "2021-03-11",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.31, vea +0.14, agg +0.23, iwm +0.10, vweax +0.14, vwo +0.03",
+  "ref_full": "ivv +0.31, vea +0.14, agg +0.23, iwm +0.10, vweax +0.14, vwo +0.03"
+ },
+ "aacrx": {
+  "sym": "aacrx",
+  "name": "STRATEGIC ALLOCATION: CONSERVATIVE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015990834482795223,
+  "alpha_t_5y": -2.1369400973206347,
+  "alpha_t_full": -2.5787792130874094,
+  "r2_5y": 0.9522936631560686,
+  "r2_full": 0.9543029490795358,
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+  "corr_benchmark": 0.7464743968327447,
+  "alpha_pos_frac": 0.5201793721973094,
+  "fund_max_dd": -0.2633718959861281,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.19, agg +0.33, vea +0.12, iwm +0.08, vnq +0.03, vweax +0.09",
+  "ref_full": "ivv +0.24, ief +0.25, efa +0.09, iwm +0.08, vweax +0.12, fxe +0.04"
+ },
+ "aacsx": {
+  "sym": "aacsx",
+  "name": "ONE CHOICE BLEND+ 2040 PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01124246081498418,
+  "alpha_t_5y": -1.5236716993339083,
+  "alpha_t_full": -1.5236716993339083,
+  "r2_5y": 0.9784474520298986,
+  "r2_full": 0.9784474520298986,
+  "corr_portfolio": 0.11965500928327584,
+  "corr_benchmark": 0.7346584705727536,
+  "alpha_pos_frac": 0.5666666666666667,
+  "fund_max_dd": -0.24199180971833767,
+  "first": "2021-03-11",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.34, vea +0.15, iwm +0.12, agg +0.17, vwo +0.05, vweax +0.14",
+  "ref_full": "ivv +0.34, vea +0.15, iwm +0.12, agg +0.17, vwo +0.05, vweax +0.14"
+ },
+ "aactx": {
+  "sym": "aactx",
+  "name": "American Funds 2020 Target Date Retirement Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0010068665882849543,
+  "alpha_t_5y": -0.16629316474105246,
+  "alpha_t_full": 0.1349203263092792,
+  "r2_5y": 0.9621362908582232,
+  "r2_full": 0.9419306426002555,
+  "corr_portfolio": 0.32588677049383846,
+  "corr_benchmark": 0.7320990491701699,
+  "alpha_pos_frac": 0.4358974358974359,
+  "fund_max_dd": -0.46279206672517414,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.41, vmbix +0.17, efa +0.11, qqq -0.10, ief +0.19, djp +0.02",
+  "ref_full": "ivv +0.31, efa +0.17, vnq +0.04, ief +0.16, vwo +0.08, qqq -0.05"
+ },
+ "aadax": {
+  "sym": "aadax",
+  "name": "Invesco Select Risk: Growth Investor Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02185962969197667,
+  "alpha_t_5y": -2.541158491941521,
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+  "r2_full": 0.9695146500156151,
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+  "alpha_pos_frac": 0.5260115606936416,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.37, vea +0.26, iwm +0.14, vblix +0.08, vwo +0.07, efa -0.09",
+  "ref_full": "ivv +0.35, efa +0.17, iwm +0.12, vwo +0.10, tlt +0.05, vnq +0.04"
+ },
+ "aadhx": {
+  "sym": "aadhx",
+  "name": "ONE CHOICE BLEND+ 2045 PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01133999453432013,
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+  "r2_full": 0.9789702869343712,
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+  "corr_benchmark": 0.7125163282529572,
+  "alpha_pos_frac": 0.5666666666666667,
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+  "first": "2021-03-11",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.38, vea +0.17, iwm +0.13, vmbix +0.11, vwo +0.06, vweax +0.12",
+  "ref_full": "ivv +0.38, vea +0.17, iwm +0.13, vmbix +0.11, vwo +0.06, vweax +0.12"
+ },
+ "aadnx": {
+  "sym": "aadnx",
+  "name": "ONE CHOICE BLEND+ 2050 PORTFOLIO",
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+  "alpha_pos_frac": 0.55,
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+  "first": "2021-03-11",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.41, vea +0.18, iwm +0.14, vwo +0.07, vblix +0.04, vweax +0.11",
+  "ref_full": "ivv +0.41, vea +0.18, iwm +0.14, vwo +0.07, vblix +0.04, vweax +0.11"
+ },
+ "aadtx": {
+  "sym": "aadtx",
+  "name": "American Funds 2025 Target Date Retirement Income Fund",
+  "bucket": "all",
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.40, vmbix +0.16, vea +0.13, qqq -0.07, ief +0.17, vweax +0.08",
+  "ref_full": "ivv +0.30, efa +0.19, vwo +0.08, ief +0.12, vnq +0.04, gsg +0.02"
+ },
+ "aadwx": {
+  "sym": "aadwx",
+  "name": "ONE CHOICE BLEND+ 2055 PORTFOLIO",
+  "bucket": "all",
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+  "first": "2021-03-11",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.44, vea +0.19, iwm +0.15, vwo +0.07, vweax +0.11, tlt +0.02",
+  "ref_full": "ivv +0.44, vea +0.19, iwm +0.15, vwo +0.07, vweax +0.11, tlt +0.02"
+ },
+ "aaegx": {
+  "sym": "aaegx",
+  "name": "ONE CHOICE BLEND+ 2060 PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_pos_frac": 0.5666666666666667,
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+  "first": "2021-03-11",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.44, vea +0.19, iwm +0.14, vwo +0.08, vweax +0.12, vnq +0.02",
+  "ref_full": "ivv +0.44, vea +0.19, iwm +0.14, vwo +0.08, vweax +0.12, vnq +0.02"
+ },
+ "aaekx": {
+  "sym": "aaekx",
+  "name": "ONE CHOICE BLEND+ 2065 PORTFOLIO",
+  "bucket": "all",
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+  "fund_max_dd": -0.2614266028125073,
+  "first": "2021-03-11",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.45, vea +0.19, iwm +0.14, vwo +0.08, vweax +0.11, vnq +0.02",
+  "ref_full": "ivv +0.45, vea +0.19, iwm +0.14, vwo +0.08, vweax +0.11, vnq +0.02"
+ },
+ "aaetx": {
+  "sym": "aaetx",
+  "name": "American Funds 2030 Target Date Retirement Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007008965746022992,
+  "alpha_t_5y": -1.0093774524112586,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.36, vmbix +0.14, vea +0.15, iwm +0.04, ief +0.12, vweax +0.08",
+  "ref_full": "ivv +0.37, efa +0.20, vwo +0.07, ief +0.11, iwm +0.04, gsg +0.02"
+ },
+ "aaewx": {
+  "sym": "aaewx",
+  "name": "ONE CHOICE BLEND+ 2030 PORTFOLIO",
+  "bucket": "all",
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+  "alpha_pos_frac": 0.55,
+  "fund_max_dd": -0.21377539025005832,
+  "first": "2021-03-11",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.27, vmbix +0.09, vea +0.14, iwm +0.08, vweax +0.14, ief +0.16",
+  "ref_full": "ivv +0.27, vmbix +0.09, vea +0.14, iwm +0.08, vweax +0.14, ief +0.16"
+ },
+ "aaftx": {
+  "sym": "aaftx",
+  "name": "American Funds 2035 Target Date Retirement Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "corr_benchmark": 0.6520593912315188,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.44, vea +0.14, vmbix +0.10, iwm +0.05, vwo +0.04, ief +0.10",
+  "ref_full": "ivv +0.44, efa +0.18, vwo +0.07, vweax +0.11, iwm +0.05, ief +0.07"
+ },
+ "aagox": {
+  "sym": "aagox",
+  "name": "Alger Large Cap Growth Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02713994873206593,
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+  "fund_max_dd": -0.6986403509814187,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.99, iwm +0.17, vnq -0.15, vwo +0.06",
+  "ref_full": "qqq +0.74, ivv +0.26, vnq -0.07, iwm +0.11, gld +0.04, vweax +0.07"
+ },
+ "aagtx": {
+  "sym": "aagtx",
+  "name": "American Funds 2040 Target Date Retirement Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010467230221544986,
+  "alpha_t_5y": -1.203910425485687,
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+  "r2_full": 0.980407128552155,
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+  "corr_benchmark": 0.6425748945686917,
+  "alpha_pos_frac": 0.547085201793722,
+  "fund_max_dd": -0.5002589352276301,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.53, vea +0.15, iwm +0.06, ief +0.08, vwo +0.06, vweax +0.08",
+  "ref_full": "ivv +0.39, efa +0.19, vweax +0.15, vwo +0.05, qqq +0.08, iwm +0.05"
+ },
+ "aahmx": {
+  "sym": "aahmx",
+  "name": "abrdn Short Duration High Yield Municipal Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02069028207699466,
+  "alpha_t_5y": -2.0955166555987703,
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+  "fund_max_dd": -0.11156567468087353,
+  "first": "2013-06-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.23, ivv -0.04, vblix +0.24, tlt -0.15",
+  "ref_full": "vweax +0.12, vblix +0.24, tlt -0.17, ivv -0.02, agg +0.08, fxy +0.02"
+ },
+ "aahtx": {
+  "sym": "aahtx",
+  "name": "American Funds 2045 Target Date Retirement Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009885686947170668,
+  "alpha_t_5y": -1.0802741437628598,
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+  "r2_5y": 0.9758696049449266,
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+  "corr_benchmark": 0.6405207544588571,
+  "alpha_pos_frac": 0.5202312138728323,
+  "fund_max_dd": -0.5004311163549822,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.47, vea +0.18, vwo +0.06, iwm +0.07, vblix +0.04, qqq +0.06",
+  "ref_full": "ivv +0.39, efa +0.19, qqq +0.09, vweax +0.15, vwo +0.05, iwm +0.05"
+ },
+ "aaiix": {
+  "sym": "aaiix",
+  "name": "Ancora Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007302461671323239,
+  "alpha_t_5y": -0.3822349915181916,
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+  "r2_5y": 0.5469704970363096,
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+  "corr_benchmark": 0.5462082906068926,
+  "alpha_pos_frac": 0.5330739299610895,
+  "fund_max_dd": -0.35825890410441186,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.50, iwm +0.06, vnq +0.06, tlt +0.14, ief -0.20, efa +0.05",
+  "ref_full": "ivv +0.24, agg +0.88, vweax +0.38, ief -0.41, vnq +0.06, qqq -0.11"
+ },
+ "aaltx": {
+  "sym": "aaltx",
+  "name": "American Funds 2050 Target Date Retirement Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01104874113202088,
+  "alpha_t_5y": -1.1744299019580298,
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+  "r2_5y": 0.9756877863615174,
+  "r2_full": 0.9795422637525832,
+  "corr_portfolio": 0.2902129453082289,
+  "corr_benchmark": 0.63887430452258,
+  "alpha_pos_frac": 0.5317919075144508,
+  "fund_max_dd": -0.5001694602001919,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.45, vea +0.18, vwo +0.06, iwm +0.07, qqq +0.08, vblix +0.04",
+  "ref_full": "ivv +0.39, efa +0.19, qqq +0.10, vweax +0.16, iwm +0.06, vwo +0.05"
+ },
+ "aamtx": {
+  "sym": "aamtx",
+  "name": "American Funds 2055 Target Date Retirement Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013917435980773149,
+  "alpha_t_5y": -1.4247854053514397,
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+  "r2_5y": 0.9748368948665578,
+  "r2_full": 0.9786838990563953,
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+  "corr_benchmark": 0.6391758707433657,
+  "alpha_pos_frac": 0.5284974093264249,
+  "fund_max_dd": -0.2931937829487764,
+  "first": "2010-02-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.42, vea +0.18, vwo +0.07, iwm +0.07, qqq +0.10, vweax +0.11",
+  "ref_full": "ivv +0.38, vea +0.19, qqq +0.11, iwm +0.06, vweax +0.13, vwo +0.05"
+ },
+ "aantx": {
+  "sym": "aantx",
+  "name": "American Funds 2060 Target Date Retirement Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011810524605192014,
+  "alpha_t_5y": -1.1776486871648382,
+  "alpha_t_full": -0.5555777024281683,
+  "r2_5y": 0.9740185528941908,
+  "r2_full": 0.9763294920639445,
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+  "corr_benchmark": 0.64961545737315,
+  "alpha_pos_frac": 0.5572519083969466,
+  "fund_max_dd": -0.29415951682602914,
+  "first": "2015-03-30",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.42, vea +0.18, vwo +0.07, iwm +0.08, qqq +0.11, vblix +0.03",
+  "ref_full": "ivv +0.39, vea +0.20, qqq +0.12, iwm +0.07, vwo +0.06, vblix +0.05"
+ },
+ "aasox": {
+  "sym": "aasox",
+  "name": "Alger Small Cap Growth Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06750597259588438,
+  "alpha_t_5y": -0.5863523838117708,
+  "alpha_t_full": -0.6382348021191161,
+  "r2_5y": 0.46447011747420675,
+  "r2_full": 0.5948597552408736,
+  "corr_portfolio": 0.06677511155956084,
+  "corr_benchmark": 0.41083999715831154,
+  "alpha_pos_frac": 0.5145631067961165,
+  "fund_max_dd": -0.8516388560205417,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.93, qqq +0.97, ivv -0.96",
+  "ref_full": "iwm +0.77, qqq +0.61, ivv -0.33, vnq -0.05, gld +0.05"
+ },
+ "abaex": {
+  "sym": "abaex",
+  "name": "AB Emerging Markets Multi-Asset Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0014299130728248708,
+  "alpha_t_5y": -0.05897587184387591,
+  "alpha_t_full": -0.9588599141826863,
+  "r2_5y": 0.829062927382225,
+  "r2_full": 0.821789589674935,
+  "corr_portfolio": 0.3235424738503037,
+  "corr_benchmark": 0.47470010348699265,
+  "alpha_pos_frac": 0.5402298850574713,
+  "fund_max_dd": -0.38781264452593645,
+  "first": "2011-09-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.54, vea +1.35, efa -1.16, vnq -0.08, vweax +0.25, fxe -0.12",
+  "ref_full": "vwo +0.46, vweax +0.39, vea +1.02, efa -0.92, vnq -0.05, qqq +0.03"
+ },
+ "abalx": {
+  "sym": "abalx",
+  "name": "AMERICAN BALANCED FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0079171792442113,
+  "alpha_t_5y": 0.8327636183506678,
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+  "r2_full": 0.9690805136350936,
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+  "alpha_pos_frac": 0.5426008968609866,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.57, agg +0.30, vea +0.32, gsg +0.02, efa -0.22, qqq -0.06",
+  "ref_full": "ivv +0.51, ief +0.15, efa +0.08, iwm +0.03, gsg +0.01, agg +0.07"
+ },
+ "abasx": {
+  "sym": "abasx",
+  "name": "AB Discovery Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0031334917464053494,
+  "alpha_t_5y": -0.11788990040613322,
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+  "r2_5y": 0.9100584818165849,
+  "r2_full": 0.9351273918825057,
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+  "corr_benchmark": 0.5078745689162322,
+  "alpha_pos_frac": 0.46303501945525294,
+  "fund_max_dd": -0.6016590626156421,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.68, vnq +0.03, ief -0.12, efa +0.07, qqq -0.55, ivv +0.89",
+  "ref_full": "iwm +0.71, ivv +0.57, qqq -0.31, vweax +0.15, ief -0.11, vnq +0.04"
+ },
+ "abdax": {
+  "sym": "abdax",
+  "name": "Columbia Capital Allocation Conservative Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "corr_benchmark": 0.8940062105719062,
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+  "fund_max_dd": -0.18433727342346207,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.23, ivv +0.15, vea +0.06, vweax +0.13, ief +0.19, vmbix +0.13",
+  "ref_full": "ivv +0.13, ief +0.30, vweax +0.14, efa +0.05, iwm +0.03, agg +0.08"
+ },
+ "abhix": {
+  "sym": "abhix",
+  "name": "HIGH-YIELD FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005580601749243465,
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+  "corr_benchmark": 0.45373261782065355,
+  "alpha_pos_frac": 0.5375722543352601,
+  "fund_max_dd": -0.26633982180783344,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.79, iwm +0.02, vblix +0.22, tlt -0.15",
+  "ref_full": "vweax +0.93, efa +0.02, djp +0.01, agg +0.11, tlt -0.03, fxy -0.01"
+ },
+ "abhyx": {
+  "sym": "abhyx",
+  "name": "HIGH-YIELD MUNICIPAL FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006313063581751314,
+  "alpha_t_5y": -0.41214358573984644,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.40, ief +0.09, ivv -0.08, vnq +0.03, vblix +0.31, tlt -0.19",
+  "ref_full": "vweax +0.37, ief +0.07, fxy +0.04, gsg -0.01, agg +0.11, efa -0.02"
+ },
+ "abiax": {
+  "sym": "abiax",
+  "name": "AB International Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.026844651046939734,
+  "alpha_t_5y": 1.3546168558890936,
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+  "r2_5y": 0.9178218040587505,
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+  "corr_benchmark": 0.5145682079551379,
+  "alpha_pos_frac": 0.6074380165289256,
+  "fund_max_dd": -0.6986613822391826,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.89, fxe +0.13, iwm +0.06, qqq -0.06, tlt -0.03, vwo +0.04",
+  "ref_full": "efa +0.83, vweax +0.24, vwo +0.06, ief -0.11, fxe +0.10, iwm +0.04"
+ },
+ "abimx": {
+  "sym": "abimx",
+  "name": "AB Impact Municipal Income Shares",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005895817786673674,
+  "alpha_t_5y": -0.362925793290901,
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+  "corr_benchmark": 0.35664229283225407,
+  "alpha_pos_frac": 0.5294117647058824,
+  "fund_max_dd": -0.1789901579501627,
+  "first": "2017-09-13",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.43, ief +0.09, ivv -0.09, vnq +0.03, vblix +0.26, tlt -0.16",
+  "ref_full": "vweax +0.28, vblix +0.36, tlt -0.26, fxy +0.06, vea -0.04, agg +0.23"
+ },
+ "ablox": {
+  "sym": "ablox",
+  "name": "Alger Balanced Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.008723539022341145,
+  "alpha_t_5y": 0.8910201982614786,
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+  "r2_full": 0.9114964931425007,
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+  "corr_benchmark": 0.6490403481491402,
+  "alpha_pos_frac": 0.6098654708520179,
+  "fund_max_dd": -0.4785883680572163,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.64, agg +0.09, vea +0.04, iwm -0.02",
+  "ref_full": "ivv +0.47, ief +0.12, qqq +0.09, vweax +0.09, gsg +0.01, efa +0.02"
+ },
+ "abnax": {
+  "sym": "abnax",
+  "name": "AB Bond Inflation Strategy",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0007878463216414072,
+  "alpha_t_5y": 0.07548981992706424,
+  "alpha_t_full": 0.02763823825980848,
+  "r2_5y": 0.6774011114695345,
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+  "corr_benchmark": 0.5261736646738437,
+  "alpha_pos_frac": 0.5284974093264249,
+  "fund_max_dd": -0.11613493561193966,
+  "first": "2010-01-28",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.54, djp +0.06, tlt -0.12, vweax +0.11, vwo -0.02, vmbix +0.13",
+  "ref_full": "ief +0.58, vweax +0.17, gsg +0.04, tlt -0.08, gld +0.02, vnq +0.01"
+ },
+ "abndx": {
+  "sym": "abndx",
+  "name": "BOND FUND OF AMERICA",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003243193914404622,
+  "alpha_t_5y": -0.6479948171416711,
+  "alpha_t_full": -2.4300940038808365,
+  "r2_5y": 0.9573490057371155,
+  "r2_full": 0.8503778870788012,
+  "corr_portfolio": -0.10144321061334434,
+  "corr_benchmark": 0.6800686581708943,
+  "alpha_pos_frac": 0.3815028901734104,
+  "fund_max_dd": -0.17316194673924468,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.15, vweax +0.22, ief +0.34, ivv -0.02, vmbix +0.19, vblix +0.06",
+  "ref_full": "ief +0.40, vweax +0.22, agg +0.12, fxe +0.03, vnq +0.01, tlt +0.03"
+ },
+ "abpax": {
+  "sym": "abpax",
+  "name": "AB Sustainable Thematic Balanced Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.054925267667851004,
+  "alpha_t_5y": -3.778886205908321,
+  "alpha_t_full": -3.8123963176890268,
+  "r2_5y": 0.9170499433727021,
+  "r2_full": 0.890688043560109,
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+  "corr_benchmark": 0.7618160278972023,
+  "alpha_pos_frac": 0.6235294117647059,
+  "fund_max_dd": -0.2620518023956294,
+  "first": "2019-01-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.47, agg +0.36, iwm +0.09, efa +0.05, vweax +0.12, gsg -0.02",
+  "ref_full": "ivv +0.22, ief +0.33, iwm +0.10, vea +0.08, qqq +0.10, vweax +0.14"
+ },
+ "abrzx": {
+  "sym": "abrzx",
+  "name": "INVESCO BALANCED-RISK ALLOCATION FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": null,
+  "alpha_t_5y": NaN,
+  "alpha_t_full": 2.787646858757687,
+  "r2_5y": NaN,
+  "r2_full": 0.6327624194658327,
+  "corr_portfolio": 0.3599910687935681,
+  "corr_benchmark": 0.541175233320551,
+  "alpha_pos_frac": 0.48514851485148514,
+  "fund_max_dd": -0.1271493335874656,
+  "first": "2009-06-04",
+  "verdict": "no 5y window",
+  "alpha_name": true,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "djp +0.18, agg +0.62, vwo +0.04, fxe -0.18, gld +0.08, efa +0.13"
+ },
+ "abtfx": {
+  "sym": "abtfx",
+  "name": "AB High Income Municipal Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014348297660506722,
+  "alpha_t_5y": -0.7917525264060729,
+  "alpha_t_full": 0.628650806649215,
+  "r2_5y": 0.4298408019757082,
+  "r2_full": 0.3473652318286016,
+  "corr_portfolio": 0.05656653010246015,
+  "corr_benchmark": 0.37194007311620897,
+  "alpha_pos_frac": 0.6127167630057804,
+  "fund_max_dd": -0.21751931498901367,
+  "first": "2010-02-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.28, vweax +0.48, ivv -0.11, vnq +0.04, vmbix +0.15, tlt -0.16",
+  "ref_full": "vweax +0.42, agg +0.29, qqq -0.02, fxy +0.04, vnq +0.03, iwm -0.03"
+ },
+ "abuax": {
+  "sym": "abuax",
+  "name": "Columbia Capital Allocation Moderate Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0075886987852853685,
+  "alpha_t_5y": -1.1626501680160208,
+  "alpha_t_full": -1.8108310761956168,
+  "r2_5y": 0.9743189334146696,
+  "r2_full": 0.9590089045389524,
+  "corr_portfolio": 0.2877915650194517,
+  "corr_benchmark": 0.739145867750574,
+  "alpha_pos_frac": 0.5838150289017341,
+  "fund_max_dd": -0.3740347523789056,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.35, vmbix +0.25, vea +0.11, vblix +0.08, vwo +0.04, iwm +0.03",
+  "ref_full": "ivv +0.32, agg +0.05, efa +0.11, vweax +0.18, ief +0.19, iwm +0.06"
+ },
+ "abvax": {
+  "sym": "abvax",
+  "name": "AB Large Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03606289853339763,
+  "alpha_t_5y": 1.9519661118480296,
+  "alpha_t_full": -0.8454345051925836,
+  "r2_5y": 0.9174873292548174,
+  "r2_full": 0.9498060123864654,
+  "corr_portfolio": 0.38661073222305864,
+  "corr_benchmark": 0.523199602071902,
+  "alpha_pos_frac": 0.49327354260089684,
+  "fund_max_dd": -0.6417104115268397,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.24, qqq -0.59, iwm +0.22, vea +0.10, ief -0.07",
+  "ref_full": "ivv +1.15, qqq -0.41, iwm +0.18, efa +0.08, ief -0.21, agg +0.17"
+ },
+ "abwax": {
+  "sym": "abwax",
+  "name": "AB All Market Total Return Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.020734477117764775,
+  "alpha_t_5y": -2.1557011945160514,
+  "alpha_t_full": -3.5433742847350778,
+  "r2_5y": 0.9494766824583791,
+  "r2_full": 0.9441248054661538,
+  "corr_portfolio": 0.30078286229989454,
+  "corr_benchmark": 0.7052625962721224,
+  "alpha_pos_frac": 0.600896860986547,
+  "fund_max_dd": -0.465078577851871,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.32, vea +0.19, ief +0.28, vwo +0.06, djp +0.03, vweax +0.13",
+  "ref_full": "ivv +0.27, efa +0.17, ief +0.18, iwm +0.08, vwo +0.07, vweax +0.17"
+ },
+ "accex": {
+  "sym": "accex",
+  "name": "INVESCO CORPORATE BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01622772193183313,
+  "alpha_t_5y": -2.6434417839013715,
+  "alpha_t_full": -1.7969550486674117,
+  "r2_5y": 0.9411915386947768,
+  "r2_full": 0.8283041461907609,
+  "corr_portfolio": 0.050768112224297945,
+  "corr_benchmark": 0.7239513226296177,
+  "alpha_pos_frac": 0.5375722543352601,
+  "fund_max_dd": -0.2414638038969884,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.55, vweax +0.27, agg +0.18, tlt -0.23, ief +0.08",
+  "ref_full": "ief +0.30, vweax +0.48, tlt +0.11, agg +0.11, fxy +0.02, efa +0.01"
+ },
+ "accnx": {
+  "sym": "accnx",
+  "name": "CORE PLUS FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0041691073405417,
+  "alpha_t_5y": -0.7075895229884147,
+  "alpha_t_full": -0.3308308855409517,
+  "r2_5y": 0.9443012940385043,
+  "r2_full": 0.8460054433782218,
+  "corr_portfolio": -0.04833223927687696,
+  "corr_benchmark": 0.6934934049264552,
+  "alpha_pos_frac": 0.49710982658959535,
+  "fund_max_dd": -0.1974010258337371,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg -0.07, vweax +0.12, ief +0.37, vblix +0.36, vmbix +0.25, tlt -0.19",
+  "ref_full": "ief +0.44, vweax +0.27, agg +0.07, vnq +0.01, tlt +0.04, fxe +0.01"
+ },
+ "aceix": {
+  "sym": "aceix",
+  "name": "INVESCO EQUITY AND INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0028373353354498383,
+  "alpha_t_5y": -0.22489270167993633,
+  "alpha_t_full": 1.0616822280952707,
+  "r2_5y": 0.9281118097384947,
+  "r2_full": 0.9181988103506687,
+  "corr_portfolio": 0.3834129726840847,
+  "corr_benchmark": 0.5521616700326764,
+  "alpha_pos_frac": 0.4508670520231214,
+  "fund_max_dd": -0.3818016854555927,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.85, qqq -0.39, iwm +0.16, vea +0.06, gsg +0.02, vblix +0.04",
+  "ref_full": "ivv +0.66, qqq -0.23, iwm +0.16, vweax +0.15, efa +0.07, vnq -0.03"
+ },
+ "aceyx": {
+  "sym": "aceyx",
+  "name": "AB All China Equity Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06385649493036091,
+  "alpha_t_5y": -0.9795597390044852,
+  "alpha_t_full": -0.5038139441163821,
+  "r2_5y": 0.5616821344409013,
+  "r2_full": 0.6078430313621457,
+  "corr_portfolio": 0.11475967574357174,
+  "corr_benchmark": 0.3156108754671578,
+  "alpha_pos_frac": 0.5274725274725275,
+  "fund_max_dd": -0.5758086447250231,
+  "first": "2018-07-26",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +1.24, vea -0.38, gsg +0.08",
+  "ref_full": "vwo +1.15, vea -0.34, djp +0.07"
+ },
+ "acfix": {
+  "sym": "acfix",
+  "name": "WATER ISLAND CREDIT OPPORTUNITIES FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0005882698498263487,
+  "alpha_t_5y": 0.08942269076325872,
+  "alpha_t_full": 1.5015052560421576,
+  "r2_5y": 0.4597027134718663,
+  "r2_full": 0.4916794550553193,
+  "corr_portfolio": 0.22496487253591757,
+  "corr_benchmark": 0.24093633691595048,
+  "alpha_pos_frac": 0.4875,
+  "fund_max_dd": -0.08405677380495846,
+  "first": "2012-10-10",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.33, vmbix -0.04",
+  "ref_full": "vweax +0.24, agg -0.08, vnq +0.01, vblix +0.17, tlt -0.12"
+ },
+ "acfox": {
+  "sym": "acfox",
+  "name": "FOCUSED DYNAMIC GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.055535388131804864,
+  "alpha_t_5y": -1.7046999390348805,
+  "alpha_t_full": -1.190192847037792,
+  "r2_5y": 0.906946439430092,
+  "r2_full": 0.855111630814062,
+  "corr_portfolio": 0.08701402961885216,
+  "corr_benchmark": 0.6009328469573042,
+  "alpha_pos_frac": 0.5112107623318386,
+  "fund_max_dd": -0.5892277407163579,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.98, iwm +0.17, vea -0.48, vwo +0.09, efa +0.32",
+  "ref_full": "qqq +0.58, ivv +0.38, vnq -0.10, gld +0.07, iwm +0.13, tlt +0.05"
+ },
+ "acgix": {
+  "sym": "acgix",
+  "name": "INVESCO GROWTH AND INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0009164828978243455,
+  "alpha_t_5y": 0.051198652525740976,
+  "alpha_t_full": 0.7938936466010972,
+  "r2_5y": 0.9289873758351901,
+  "r2_full": 0.9280411991323293,
+  "corr_portfolio": 0.39272227887903005,
+  "corr_benchmark": 0.48973444917073045,
+  "alpha_pos_frac": 0.49327354260089684,
+  "fund_max_dd": -0.5346300425089521,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.29, qqq -0.60, iwm +0.21, ief -0.15, vea +0.10, gsg +0.03",
+  "ref_full": "ivv +1.09, qqq -0.39, iwm +0.20, efa +0.09, tlt -0.06, vnq -0.04"
+ },
+ "acgyx": {
+  "sym": "acgyx",
+  "name": "AB Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002038278826208384,
+  "alpha_t_5y": -0.27127944843038054,
+  "alpha_t_full": -0.8055029298046548,
+  "r2_5y": 0.9199696463289693,
+  "r2_full": 0.8724334546450428,
+  "corr_portfolio": 0.002540290229037345,
+  "corr_benchmark": 0.6927332251160513,
+  "alpha_pos_frac": 0.5084745762711864,
+  "fund_max_dd": -0.21329491093783148,
+  "first": "2016-04-22",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.11, vweax +0.38, ief +0.43, vmbix +0.22, ivv -0.02, gsg -0.01",
+  "ref_full": "vmbix +0.18, vweax +0.34, ief +0.50, tlt -0.20, vblix +0.26"
+ },
+ "acisx": {
+  "sym": "acisx",
+  "name": "AB CORPORATE INCOME SHARES",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0026873700482559666,
+  "alpha_t_5y": 0.49812794281961603,
+  "alpha_t_full": 0.006609359033804618,
+  "r2_5y": 0.9594386499428187,
+  "r2_full": 0.8930991686284483,
+  "corr_portfolio": 0.004849794332158025,
+  "corr_benchmark": 0.7098305387264107,
+  "alpha_pos_frac": 0.5652173913043478,
+  "fund_max_dd": -0.223774591738214,
+  "first": "2012-10-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.67, tlt -0.31, ief +0.18, vweax +0.17, ivv -0.01, agg +0.13",
+  "ref_full": "vblix +0.61, vweax +0.20, ief +0.29, tlt -0.30, agg +0.17, vmbix -0.11"
+ },
+ "acitx": {
+  "sym": "acitx",
+  "name": "INFLATION-ADJUSTED BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00018542437678493515,
+  "alpha_t_5y": 0.01339815746918655,
+  "alpha_t_full": -0.049957702629221085,
+  "r2_5y": 0.7101150207739421,
+  "r2_full": 0.6677566500207837,
+  "corr_portfolio": -0.05468024132525759,
+  "corr_benchmark": 0.603652513664608,
+  "alpha_pos_frac": 0.5258620689655172,
+  "fund_max_dd": -0.15500656984370464,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.40, gsg +0.03, ief +0.37, djp +0.03",
+  "ref_full": "ief +0.55, gsg +0.04, vweax +0.13, tlt +0.06, gld +0.01, agg +0.06"
+ },
+ "acmvx": {
+  "sym": "acmvx",
+  "name": "MID CAP VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.013119266147353828,
+  "alpha_t_5y": 0.6336808800931232,
+  "alpha_t_full": 1.3806523811801326,
+  "r2_5y": 0.8866562626130295,
+  "r2_full": 0.9214081298081138,
+  "corr_portfolio": 0.4004733859466182,
+  "corr_benchmark": 0.5078452686785858,
+  "alpha_pos_frac": 0.5137254901960784,
+  "fund_max_dd": -0.5118307722456756,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.22, vnq +0.13, efa +0.11, qqq -0.71, ivv +1.17, gld -0.03",
+  "ref_full": "ivv +0.94, qqq -0.42, iwm +0.27, vnq +0.05, vweax +0.12, tlt -0.03"
+ },
+ "acpsx": {
+  "sym": "acpsx",
+  "name": "INVESCO CORE PLUS BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009730660218926724,
+  "alpha_t_5y": -1.850199017123141,
+  "alpha_t_full": -0.0628099888212849,
+  "r2_5y": 0.945909148535796,
+  "r2_full": 0.1471186111409455,
+  "corr_portfolio": -0.0031779568278420254,
+  "corr_benchmark": 0.27342702130222124,
+  "alpha_pos_frac": 0.4797687861271676,
+  "fund_max_dd": -0.2327357432760785,
+  "first": "2009-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.08, vweax +0.20, vblix +0.36, tlt -0.18, ief +0.20, vmbix +0.17",
+  "ref_full": "agg +0.18, vweax +0.33, ief +0.38"
+ },
+ "acskx": {
+  "sym": "acskx",
+  "name": "SHORT DURATION FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011637829706673613,
+  "alpha_t_5y": -2.299224364347955,
+  "alpha_t_full": -1.9565836034255173,
+  "r2_5y": 0.6449861704640252,
+  "r2_full": 0.4809745240148853,
+  "corr_portfolio": 0.006655594855112344,
+  "corr_benchmark": 0.3983128446339338,
+  "alpha_pos_frac": 0.4161849710982659,
+  "fund_max_dd": -0.0682050682712586,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.24, tlt -0.19, vblix +0.13, ivv -0.02, vweax +0.07, agg +0.12",
+  "ref_full": "ief +0.25, vweax +0.11, tlt -0.06, fxy +0.01"
+ },
+ "acstx": {
+  "sym": "acstx",
+  "name": "INVESCO COMSTOCK FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02369041355386047,
+  "alpha_t_5y": 1.21341636561753,
+  "alpha_t_full": 1.8176901681310735,
+  "r2_5y": 0.9106036005749498,
+  "r2_full": 0.9162394018093305,
+  "corr_portfolio": 0.41239224423839316,
+  "corr_benchmark": 0.4601769765904197,
+  "alpha_pos_frac": 0.4977578475336323,
+  "fund_max_dd": -0.5860641409265046,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.20, ivv +1.35, qqq -0.71, gsg +0.05, ief -0.17, vea +0.13",
+  "ref_full": "ivv +1.09, qqq -0.43, iwm +0.20, tlt -0.07, efa +0.12, gld -0.06"
+ },
+ "acthx": {
+  "sym": "acthx",
+  "name": "INVESCO HIGH YIELD MUNICIPAL FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008976021186991588,
+  "alpha_t_5y": -0.5072197291705515,
+  "alpha_t_full": 0.41791987729551483,
+  "r2_5y": 0.3978592718955184,
+  "r2_full": 0.30614290501588604,
+  "corr_portfolio": 0.06132266704760994,
+  "corr_benchmark": 0.34003917818731483,
+  "alpha_pos_frac": 0.6127167630057804,
+  "fund_max_dd": -0.2729153199741442,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.47, vblix +0.37, ivv -0.10, tlt -0.20, vnq +0.03",
+  "ref_full": "vweax +0.42, ief +0.06, efa -0.04, agg +0.15, fxy +0.04, vnq +0.01"
+ },
+ "adfix": {
+  "sym": "adfix",
+  "name": "DIVERSIFIED BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002258950170229396,
+  "alpha_t_5y": -0.4190283081954521,
+  "alpha_t_full": -0.7607241697496452,
+  "r2_5y": 0.9525818489490647,
+  "r2_full": 0.8682448299678615,
+  "corr_portfolio": -0.09528491798711869,
+  "corr_benchmark": 0.6707588577656362,
+  "alpha_pos_frac": 0.48554913294797686,
+  "fund_max_dd": -0.18553822711186319,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.33, ief +0.36, vweax +0.13, ivv -0.03, vblix +0.28, tlt -0.17",
+  "ref_full": "ief +0.46, vweax +0.20, agg +0.08, tlt +0.04, fxe +0.02, vnq +0.00"
+ },
+ "adgax": {
+  "sym": "adgax",
+  "name": "AB CORE OPPORTUNITIES FUND, INC.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015278745337076393,
+  "alpha_t_5y": -1.0377245676011033,
+  "alpha_t_full": -0.0855050918691261,
+  "r2_5y": 0.9554949938475876,
+  "r2_full": 0.9413232044175464,
+  "corr_portfolio": 0.2868417845433602,
+  "corr_benchmark": 0.6114510239396592,
+  "alpha_pos_frac": 0.5136186770428015,
+  "fund_max_dd": -0.536509011014274,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.03, iwm +0.05, vnq -0.04, qqq -0.07",
+  "ref_full": "ivv +0.85, efa +0.05, iwm +0.07, vnq -0.03, agg +0.19, tlt -0.05"
+ },
+ "adjex": {
+  "sym": "adjex",
+  "name": "Azzad Ethical Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.08606383777871605,
+  "alpha_t_5y": -2.593012307630655,
+  "alpha_t_full": -2.8107188827763774,
+  "r2_5y": 0.8796170192909184,
+  "r2_full": 0.8911492244394102,
+  "corr_portfolio": 0.14264849899505036,
+  "corr_benchmark": 0.6160857553605216,
+  "alpha_pos_frac": 0.556420233463035,
+  "fund_max_dd": -0.5562516402991526,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.69, iwm +0.41, vnq +0.12, ivv -0.23",
+  "ref_full": "ivv +0.18, qqq +0.43, iwm +0.36, gld +0.05, vweax +0.14, vnq -0.04"
+ },
+ "adsix": {
+  "sym": "adsix",
+  "name": "DISCIPLINED GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03429908589999206,
+  "alpha_t_5y": -2.0791090352108124,
+  "alpha_t_full": -2.8295367870637063,
+  "r2_5y": 0.9664181053520994,
+  "r2_full": 0.9623769607372741,
+  "corr_portfolio": 0.17008974404883306,
+  "corr_benchmark": 0.6229810315671923,
+  "alpha_pos_frac": 0.515695067264574,
+  "fund_max_dd": -0.5303521149001402,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.63, ivv +0.52, vea -0.32, vnq -0.05, efa +0.24",
+  "ref_full": "qqq +0.51, ivv +0.57, vnq -0.04, gld +0.03, efa -0.04, agg +0.06"
+ },
+ "advdx": {
+  "sym": "advdx",
+  "name": "abrdn Dynamic Dividend Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013670893044362207,
+  "alpha_t_5y": -0.9837535989565518,
+  "alpha_t_full": -2.1802370895732825,
+  "r2_5y": 0.9426537670651527,
+  "r2_full": 0.8737145053555657,
+  "corr_portfolio": 0.3605177978215865,
+  "corr_benchmark": 0.5795795290537561,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.6203391195043721,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.14, ivv +0.59, qqq -0.16, vwo +0.09, vnq +0.06, efa +0.19",
+  "ref_full": "ivv +0.39, efa +0.29, vweax +0.25, djp +0.07, iwm +0.08, vwo +0.06"
+ },
+ "aedax": {
+  "sym": "aedax",
+  "name": "Invesco International Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011196518005959078,
+  "alpha_t_5y": -0.4699650033914734,
+  "alpha_t_full": -0.5497829981655878,
+  "r2_5y": 0.8950321703485173,
+  "r2_full": 0.8992094141817504,
+  "corr_portfolio": 0.34830500182759616,
+  "corr_benchmark": 0.5183831340119257,
+  "alpha_pos_frac": 0.5087719298245614,
+  "fund_max_dd": -0.6046242989202268,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.91, fxe +0.31, vweax +0.23, fxy -0.11, gsg -0.02",
+  "ref_full": "efa +0.77, vweax +0.42, fxe +0.22, agg -0.07"
+ },
+ "aedfx": {
+  "sym": "aedfx",
+  "name": "WATER ISLAND EVENT-DRIVEN FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": null,
+  "alpha_t_5y": NaN,
+  "alpha_t_full": -1.1446404893808146,
+  "r2_5y": NaN,
+  "r2_full": 0.30676372727259693,
+  "corr_portfolio": 0.2729964995426361,
+  "corr_benchmark": 0.3649926993279209,
+  "alpha_pos_frac": 0.5950413223140496,
+  "fund_max_dd": -0.16718886669410016,
+  "first": "2010-10-04",
+  "verdict": "no 5y window",
+  "alpha_name": false,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "ivv +0.06, vweax +0.18, iwm +0.05, vnq +0.02"
+ },
+ "aepgx": {
+  "sym": "aepgx",
+  "name": "EUPAC FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03949750799680581,
+  "alpha_t_5y": -1.826328586996332,
+  "alpha_t_full": -0.823560974576737,
+  "r2_5y": 0.9081367487439029,
+  "r2_full": 0.9252662206696699,
+  "corr_portfolio": 0.32092192361207794,
+  "corr_benchmark": 0.5457121344983279,
+  "alpha_pos_frac": 0.5067264573991032,
+  "fund_max_dd": -0.5397539581503874,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.33, vwo +0.23, qqq +0.12, vweax +0.25, vnq -0.06, efa +0.31",
+  "ref_full": "efa +0.56, vwo +0.16, vweax +0.33, qqq +0.13, vnq -0.05, fxe +0.11"
+ },
+ "afcnx": {
+  "sym": "afcnx",
+  "name": "FOCUSED INTERNATIONAL GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.09732284445605613,
+  "alpha_t_5y": -4.022489849418432,
+  "alpha_t_full": -2.255409376706441,
+  "r2_5y": 0.9053078505421082,
+  "r2_full": 0.8919703474224056,
+  "corr_portfolio": 0.23890279616090604,
+  "corr_benchmark": 0.5890586704374289,
+  "alpha_pos_frac": 0.5546218487394958,
+  "fund_max_dd": -0.399944673920414,
+  "first": "2016-04-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.37, qqq +0.29, ivv -0.20, efa +0.49, vwo +0.09, gsg -0.04",
+  "ref_full": "vea +0.40, qqq +0.28, ivv -0.26, vweax +0.25, vwo +0.10, efa +0.41"
+ },
+ "affcx": {
+  "sym": "affcx",
+  "name": "Yorktown Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009248255718541614,
+  "alpha_t_5y": -1.4135510566671114,
+  "alpha_t_full": -1.468948604416377,
+  "r2_5y": 0.8159421433750108,
+  "r2_full": 0.6346330259036428,
+  "corr_portfolio": 0.2480636274253497,
+  "corr_benchmark": 0.605883193782797,
+  "alpha_pos_frac": 0.5508474576271186,
+  "fund_max_dd": -0.22898432590734652,
+  "first": "2016-05-10",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.10, vweax +0.25, vblix +0.10, vmbix +0.12, vea +0.02, qqq -0.01",
+  "ref_full": "vweax +0.43, agg +0.13, ivv +0.12, qqq -0.06, vwo +0.04, vblix +0.06"
+ },
+ "afjax": {
+  "sym": "afjax",
+  "name": "Virtus NFJ International Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.000963826124391896,
+  "alpha_t_5y": 0.02863030611268189,
+  "alpha_t_full": -1.887290187098048,
+  "r2_5y": 0.7904947248862146,
+  "r2_full": 0.9158692272640006,
+  "corr_portfolio": 0.344992365183501,
+  "corr_benchmark": 0.5141128563441288,
+  "alpha_pos_frac": 0.5201793721973094,
+  "fund_max_dd": -0.6110799716321762,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.49, vwo +0.43, vweax +0.46, djp +0.04, iwm -0.05",
+  "ref_full": "efa +0.45, vwo +0.28, vweax +0.28, djp +0.06, ivv +0.13, fxe +0.06"
+ },
+ "aflix": {
+  "sym": "aflix",
+  "name": "Anfield Universal Fixed Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0010707980035625129,
+  "alpha_t_5y": 0.1727060432007877,
+  "alpha_t_full": 0.5438951038394215,
+  "r2_5y": 0.4303675565485606,
+  "r2_full": 0.30121329968503496,
+  "corr_portfolio": 0.18201572446066663,
+  "corr_benchmark": 0.3319239787425885,
+  "alpha_pos_frac": 0.618421052631579,
+  "fund_max_dd": -0.09433987136077193,
+  "first": "2013-07-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.16, ief +0.22, tlt -0.04, vea +0.02, vmbix -0.08",
+  "ref_full": "vweax +0.18, agg +0.12, tlt -0.05, ief +0.11, vmbix -0.07"
+ },
+ "afocx": {
+  "sym": "afocx",
+  "name": "Archer Focus Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03340222628710321,
+  "alpha_t_5y": -1.610554538667692,
+  "alpha_t_full": -1.4149084415427007,
+  "r2_5y": 0.8934500443268364,
+  "r2_full": 0.9217349463432348,
+  "corr_portfolio": 0.3165979720060332,
+  "corr_benchmark": 0.6437756356559866,
+  "alpha_pos_frac": 0.5405405405405406,
+  "fund_max_dd": -0.34034226949640145,
+  "first": "2020-01-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.99, qqq -0.30, iwm +0.11, vnq +0.06, djp +0.03, vea +0.05",
+  "ref_full": "ivv +0.93, qqq -0.19, iwm +0.09, vnq +0.05, djp +0.04, tlt +0.03"
+ },
+ "afrax": {
+  "sym": "afrax",
+  "name": "Invesco Floating Rate ESG Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": null,
+  "alpha_t_5y": NaN,
+  "alpha_t_full": 0.22214759885143678,
+  "r2_5y": NaN,
+  "r2_full": 0.5371927261436309,
+  "corr_portfolio": 0.32121391527356946,
+  "corr_benchmark": 0.07807349131610312,
+  "alpha_pos_frac": 0.6176470588235294,
+  "fund_max_dd": -0.3600838453406485,
+  "first": "2007-06-04",
+  "verdict": "no 5y window",
+  "alpha_name": false,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "vweax +0.53, tlt -0.03, iwm -0.01, agg +0.04"
+ },
+ "aftex": {
+  "sym": "aftex",
+  "name": "TAX EXEMPT BOND FUND OF AMERICA",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01238730173540305,
+  "alpha_t_5y": -1.0418853394187981,
+  "alpha_t_full": 0.8081925364655873,
+  "r2_5y": 0.3937990921703255,
+  "r2_full": 0.3012769344478624,
+  "corr_portfolio": 0.03480702450937875,
+  "corr_benchmark": 0.35110064109633027,
+  "alpha_pos_frac": 0.556420233463035,
+  "fund_max_dd": -0.15018384141577013,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.38, ief +0.13, ivv -0.06, vnq +0.02",
+  "ref_full": "vweax +0.27, ief +0.07, fxy +0.03, agg +0.10, efa -0.03, vnq +0.01"
+ },
+ "agbvx": {
+  "sym": "agbvx",
+  "name": "GLOBAL BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012066097345435595,
+  "alpha_t_5y": -1.5577796027716262,
+  "alpha_t_full": -0.8306559691114668,
+  "r2_5y": 0.8129918200499758,
+  "r2_full": 0.7479384672568989,
+  "corr_portfolio": -0.023905696684440016,
+  "corr_benchmark": 0.6731968287776616,
+  "alpha_pos_frac": 0.5680473372781065,
+  "fund_max_dd": -0.16310312086773016,
+  "first": "2012-02-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.30, vweax +0.21, ief +0.22, fxe -0.03, gsg -0.01, qqq -0.01",
+  "ref_full": "agg +0.09, vweax +0.19, ief +0.14, vblix +0.07, vmbix +0.15, fxe -0.02"
+ },
+ "agdax": {
+  "sym": "agdax",
+  "name": "AB HIGH INCOME FUND INC",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004173378239109162,
+  "alpha_t_5y": 0.532018710657737,
+  "alpha_t_full": 1.5025114539236888,
+  "r2_5y": 0.8501717375762641,
+  "r2_full": 0.7614293098309166,
+  "corr_portfolio": 0.3160413307227273,
+  "corr_benchmark": 0.4651322132920176,
+  "alpha_pos_frac": 0.5549132947976878,
+  "fund_max_dd": -0.4533398445202791,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.72, vblix +0.36, tlt -0.25, vwo +0.02",
+  "ref_full": "vweax +0.85, vwo +0.04, agg +0.10, gsg +0.01, fxe +0.02, qqq -0.01"
+ },
+ "aglox": {
+  "sym": "aglox",
+  "name": "Ariel Global Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02652177724835483,
+  "alpha_t_5y": 0.989445787726221,
+  "alpha_t_full": 0.6256842901275242,
+  "r2_5y": 0.7581479697186198,
+  "r2_full": 0.8245163092556709,
+  "corr_portfolio": 0.36092956352207095,
+  "corr_benchmark": 0.5621935151373775,
+  "alpha_pos_frac": 0.4411764705882353,
+  "fund_max_dd": -0.24719102195169984,
+  "first": "2012-01-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.35, ivv +0.37, vwo +0.16, gsg -0.04, qqq -0.10, fxe -0.12",
+  "ref_full": "vea +0.36, ivv +0.30, vwo +0.07, gsg -0.02"
+ },
+ "agovx": {
+  "sym": "agovx",
+  "name": "INVESCO Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0006153117345648813,
+  "alpha_t_5y": 0.06956674600909178,
+  "alpha_t_full": -0.795254184240801,
+  "r2_5y": 0.6123726547516866,
+  "r2_full": 0.4094042920840607,
+  "corr_portfolio": 0.1044420954607835,
+  "corr_benchmark": 0.37292871574544945,
+  "alpha_pos_frac": 0.5606936416184971,
+  "fund_max_dd": -0.3341386805480785,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.16, vweax +0.14, ief +0.22, tlt -0.23, vblix +0.24, ivv -0.02",
+  "ref_full": "ief +0.41, vweax +0.30, agg -0.11, fxy +0.03"
+ },
+ "agrfx": {
+  "sym": "agrfx",
+  "name": "AB Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.036894247778982,
+  "alpha_t_5y": -1.6171584107398542,
+  "alpha_t_full": -1.4835565976022949,
+  "r2_5y": 0.9314628802189885,
+  "r2_full": 0.9449207093324888,
+  "corr_portfolio": 0.15590929207971896,
+  "corr_benchmark": 0.6238856101572792,
+  "alpha_pos_frac": 0.4827586206896552,
+  "fund_max_dd": -0.6768829800571199,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.58, ivv +0.44, djp -0.04",
+  "ref_full": "qqq +0.49, ivv +0.44, iwm +0.07, agg +0.08, vnq -0.03, fxe +0.03"
+ },
+ "agthx": {
+  "sym": "agthx",
+  "name": "GROWTH FUND OF AMERICA",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.023577146046524857,
+  "alpha_t_5y": -1.4353863833653873,
+  "alpha_t_full": -0.7516959557347915,
+  "r2_5y": 0.9630981132243928,
+  "r2_full": 0.9615858359459243,
+  "corr_portfolio": 0.1864873494906047,
+  "corr_benchmark": 0.6188439967674874,
+  "alpha_pos_frac": 0.4900398406374502,
+  "fund_max_dd": -0.5190712895782572,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.48, iwm +0.16, ivv +0.34, vwo +0.06, vnq -0.04, vweax +0.08",
+  "ref_full": "ivv +0.42, qqq +0.38, djp +0.05, iwm +0.11, vnq -0.05, efa +0.08"
+ },
+ "aguax": {
+  "sym": "aguax",
+  "name": "American Beacon Developing World Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.048868366353691954,
+  "alpha_t_5y": 2.80037050975215,
+  "alpha_t_full": 2.7692006219153504,
+  "r2_5y": 0.3014190129940273,
+  "r2_full": 0.30472649062958335,
+  "corr_portfolio": 0.24493035248834089,
+  "corr_benchmark": 0.23472570799175585,
+  "alpha_pos_frac": 0.5694444444444444,
+  "fund_max_dd": -0.21233608073569488,
+  "first": "2014-02-27",
+  "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.52, vwo +0.04, qqq -0.04, efa +0.05, ief -0.06, gsg -0.02",
+  "ref_full": "vweax +0.48, vwo +0.06, qqq -0.03"
+ },
+ "ahitx": {
+  "sym": "ahitx",
+  "name": "AMERICAN HIGH INCOME TRUST",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.008270542122454684,
+  "alpha_t_5y": 1.103721868544526,
+  "alpha_t_full": 0.18778455078966963,
+  "r2_5y": 0.8625055584620944,
+  "r2_full": 0.8166376315151185,
+  "corr_portfolio": 0.32480057286639274,
+  "corr_benchmark": 0.4451750735387104,
+  "alpha_pos_frac": 0.5319148936170213,
+  "fund_max_dd": -0.3480509234593463,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.86, iwm +0.03, gsg +0.01",
+  "ref_full": "vweax +0.87, efa +0.02, djp +0.02, vwo +0.02, gld -0.01"
+ },
+ "aibax": {
+  "sym": "aibax",
+  "name": "INTERMEDIATE BOND FUND OF AMERICA",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0034133797716363176,
+  "alpha_t_5y": -0.6089658500745888,
+  "alpha_t_full": -1.6095154227832285,
+  "r2_5y": 0.8904057807515945,
+  "r2_full": 0.7800244662997484,
+  "corr_portfolio": -0.10927922415149495,
+  "corr_benchmark": 0.5484829161771173,
+  "alpha_pos_frac": 0.4161849710982659,
+  "fund_max_dd": -0.10992868801190814,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.55, tlt -0.26, vblix +0.16, vmbix +0.20, ivv -0.02, vweax +0.08",
+  "ref_full": "ief +0.49, vweax +0.10, tlt -0.09, agg +0.06, fxy +0.02, vnq +0.00"
+ },
+ "aidax": {
+  "sym": "aidax",
+  "name": "Diversified Municipal Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013508809177144247,
+  "alpha_t_5y": -1.708579016664549,
+  "alpha_t_full": 0.6250736820473394,
+  "r2_5y": 0.33986601816051065,
+  "r2_full": 0.2435241323034475,
+  "corr_portfolio": 0.04471183762781839,
+  "corr_benchmark": 0.3511412761149629,
+  "alpha_pos_frac": 0.5330739299610895,
+  "fund_max_dd": -0.09579588967688868,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.13, vweax +0.19, ivv -0.04, vnq +0.01",
+  "ref_full": "agg +0.07, vweax +0.14, ief +0.05, fxy +0.03, vnq +0.01, efa -0.01"
+ },
+ "aiemx": {
+  "sym": "aiemx",
+  "name": "Alger Emerging Markets Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.045762869705598286,
+  "alpha_t_5y": -1.3437325871206736,
+  "alpha_t_full": -1.8742884102922885,
+  "r2_5y": 0.8455723949116172,
+  "r2_full": 0.8440547521947714,
+  "corr_portfolio": 0.23388171601651556,
+  "corr_benchmark": 0.48748750268701074,
+  "alpha_pos_frac": 0.5384615384615384,
+  "fund_max_dd": -0.4730912256898351,
+  "first": "2010-12-30",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.78, qqq +0.33, ivv -0.32, vea +1.46, efa -1.24, gld -0.07",
+  "ref_full": "vwo +0.66, qqq +0.29, vweax +0.27, ivv -0.24, vea +1.09, efa -0.96"
+ },
+ "aifrx": {
+  "sym": "aifrx",
+  "name": "abrdn Global Infrastructure Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02803042455607641,
+  "alpha_t_5y": 1.0587937616416927,
+  "alpha_t_full": 1.506627586775007,
+  "r2_5y": 0.7874190687700673,
+  "r2_full": 0.7337800668639309,
+  "corr_portfolio": 0.3673030447747285,
+  "corr_benchmark": 0.5581227754887713,
+  "alpha_pos_frac": 0.507177033492823,
+  "fund_max_dd": -0.383822273715409,
+  "first": "2008-10-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa -0.01, vnq +0.27, fxe +0.22, qqq -0.25, ivv +0.31, vea +0.43",
+  "ref_full": "vea +0.40, vweax +0.48, iwm +0.13, djp +0.06, vnq +0.04, fxy +0.07"
+ },
+ "aigox": {
+  "sym": "aigox",
+  "name": "Alger Growth & Income Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017971673695502764,
+  "alpha_t_5y": 1.3894794889320616,
+  "alpha_t_full": 0.5026832893164168,
+  "r2_5y": 0.963708927263433,
+  "r2_full": 0.975299361796035,
+  "corr_portfolio": 0.3000463484489237,
+  "corr_benchmark": 0.609759059336962,
+  "alpha_pos_frac": 0.5102040816326531,
+  "fund_max_dd": -0.7036312377289748,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.94, efa +0.05, iwm -0.03",
+  "ref_full": "ivv +0.92, efa +0.03, agg +0.08, ief -0.04, gsg +0.01, fxe -0.02"
+ },
+ "aigyx": {
+  "sym": "aigyx",
+  "name": "abrdn Real Estate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.015387892801604285,
+  "alpha_t_5y": 1.0005312729283184,
+  "alpha_t_full": -0.19728764230986917,
+  "r2_5y": 0.9601264128807803,
+  "r2_full": 0.9675363942404803,
+  "corr_portfolio": 0.2473995553544873,
+  "corr_benchmark": 0.5567067902219384,
+  "alpha_pos_frac": 0.5526315789473685,
+  "fund_max_dd": -0.7993797087954877,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +1.00, agg -0.10, iwm -0.06, ivv +0.04, fxy -0.04",
+  "ref_full": "vnq +0.93, ivv +0.07, vweax +0.12, gld -0.03, djp +0.03, iwm -0.03"
+ },
+ "aiiex": {
+  "sym": "aiiex",
+  "name": "Invesco EQV International Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05067894634092261,
+  "alpha_t_5y": -2.8179918726115636,
+  "alpha_t_full": -1.40620711872645,
+  "r2_5y": 0.933015440639575,
+  "r2_full": 0.8753738039366624,
+  "corr_portfolio": 0.3015194079932693,
+  "corr_benchmark": 0.5360892112611226,
+  "alpha_pos_frac": 0.5246636771300448,
+  "fund_max_dd": -0.5857963657267242,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.46, vwo +0.18, qqq +0.12, djp -0.03, efa +0.21",
+  "ref_full": "efa +0.56, qqq +0.12, vweax +0.30, vwo +0.12, vnq -0.03, fxe +0.09"
+ },
+ "aioax": {
+  "sym": "aioax",
+  "name": "Columbia Income Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004996964743140919,
+  "alpha_t_5y": -0.7590640636291857,
+  "alpha_t_full": 0.041002333271763856,
+  "r2_5y": 0.8887622516895692,
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+  "corr_benchmark": 0.44548728290053025,
+  "alpha_pos_frac": 0.5330882352941176,
+  "fund_max_dd": -0.25860806659693814,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.89, iwm +0.02",
+  "ref_full": "vweax +0.85, ivv +0.03, vnq -0.01, djp +0.01"
+ },
+ "aivsx": {
+  "sym": "aivsx",
+  "name": "INVESTMENT CO OF AMERICA",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.011319824486846562,
+  "alpha_t_5y": 0.9264570686368298,
+  "alpha_t_full": 0.30227870533229245,
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+  "r2_full": 0.9743613190791215,
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+  "corr_benchmark": 0.6125286412031027,
+  "alpha_pos_frac": 0.4798206278026906,
+  "fund_max_dd": -0.5090310830821583,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.95, vea +0.09, vnq -0.03, qqq -0.05",
+  "ref_full": "ivv +0.78, efa +0.09, vnq -0.03, gsg +0.02, qqq +0.04, vweax +0.05"
+ },
+ "aiwex": {
+  "sym": "aiwex",
+  "name": "World Energy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03524725460589557,
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+  "alpha_pos_frac": 0.5724137931034483,
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+  "first": "2014-02-06",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "gsg +0.55, iwm +0.39, vea +0.28, ief -0.39, qqq -0.46, ivv +0.67",
+  "ref_full": "iwm +0.46, gsg +0.46, vea +0.25, qqq -0.55, ivv +0.84, vnq -0.20"
+ },
+ "alaax": {
+  "sym": "alaax",
+  "name": "INVESCO Income Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0048885412930135186,
+  "alpha_t_5y": -0.7245045255236903,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.11, agg +0.44, ivv +0.32, qqq -0.15, vweax +0.15, iwm +0.04",
+  "ref_full": "ivv +0.25, agg +0.31, vweax +0.30, qqq -0.08, vnq +0.04, efa +0.06"
+ },
+ "alarx": {
+  "sym": "alarx",
+  "name": "Alger Capital Appreciation Institutional Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.004527552199209113,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
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+  "ref_full": "qqq +0.66, ivv +0.36, vnq -0.07, iwm +0.07, gld +0.03"
+ },
+ "alcax": {
+  "sym": "alcax",
+  "name": "AB California Portfolio",
+  "bucket": "all",
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.25, vweax +0.28, ivv -0.07, tlt -0.15, vnq +0.02, vmbix +0.07",
+  "ref_full": "vweax +0.26, ief +0.05, agg +0.13, fxy +0.03, efa -0.02, vnq +0.01"
+ },
+ "aldax": {
+  "sym": "aldax",
+  "name": "Columbia Select Short Corporate Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004307909315041258,
+  "alpha_t_5y": -0.9254678487188509,
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+  "r2_5y": 0.8508533858894503,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.27, tlt -0.30, vblix +0.25, ief +0.25, vweax +0.12, ivv -0.02",
+  "ref_full": "ief +0.33, vweax +0.21, tlt -0.08, agg +0.06, fxy +0.02"
+ },
+ "alfyx": {
+  "sym": "alfyx",
+  "name": "Lord Abbett Alpha Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.031496286319228003,
+  "alpha_t_5y": -1.754191305503085,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.67, vea +0.42, qqq +0.11, efa -0.21, vnq -0.04, vweax +0.11",
+  "ref_full": "iwm +0.67, efa +0.16, qqq +0.12, vweax +0.17, vnq -0.04, gld +0.03"
+ },
+ "algrx": {
+  "sym": "algrx",
+  "name": "Alger Focus Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.020790523523903797,
+  "alpha_t_5y": 0.47112296501306355,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.00, ief -0.09, iwm +0.12, vnq -0.10",
+  "ref_full": "qqq +0.64, ivv +0.41, vnq -0.07, gld +0.03, iwm +0.05"
+ },
+ "almrx": {
+  "sym": "almrx",
+  "name": "Alger Mid Cap Growth Institutional Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02904900447982758,
+  "alpha_t_5y": -0.17332178825611644,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.68, iwm +0.49",
+  "ref_full": "qqq +0.61, iwm +0.45"
+ },
+ "alnyx": {
+  "sym": "alnyx",
+  "name": "AB New York Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012561119978137922,
+  "alpha_t_5y": -1.061256616194627,
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+  "alpha_pos_frac": 0.5836575875486382,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.39, ief +0.13, ivv -0.11, vnq +0.03, qqq +0.04",
+  "ref_full": "agg +0.12, vweax +0.26, ief +0.07, iwm -0.02, fxy +0.03, vnq +0.01"
+ },
+ "alsmx": {
+  "sym": "alsmx",
+  "name": "Archer Multi Cap Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.002542423226742953,
+  "alpha_t_5y": -0.10697024004023405,
+  "alpha_t_full": -0.5010050116553482,
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+  "alpha_pos_frac": 0.47297297297297297,
+  "fund_max_dd": -0.3495701848720373,
+  "first": "2020-01-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.31, iwm +0.40, qqq +0.19, vea +0.49, efa -0.44",
+  "ref_full": "ivv +0.42, iwm +0.40, qqq +0.15"
+ },
+ "alsrx": {
+  "sym": "alsrx",
+  "name": "Alger Small Cap Growth Institutional Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.09080154301500788,
+  "alpha_t_5y": -1.3305664805334083,
+  "alpha_t_full": -1.44777509225807,
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+  "alpha_pos_frac": 0.5080906148867314,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.92, qqq +0.88, ivv -0.86",
+  "ref_full": "iwm +0.77, qqq +0.58, ivv -0.33, vnq -0.06, gld +0.03"
+ },
+ "altfx": {
+  "sym": "altfx",
+  "name": "AB SUSTAINABLE GLOBAL THEMATIC FUND, INC.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.08829259113155455,
+  "alpha_t_5y": -4.073987852113556,
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+  "r2_5y": 0.9205449592871247,
+  "r2_full": 0.9159734277388014,
+  "corr_portfolio": 0.24484433097144093,
+  "corr_benchmark": 0.6185497429016388,
+  "alpha_pos_frac": 0.5246636771300448,
+  "fund_max_dd": -0.8000757513751606,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.27, vea +0.33, qqq +0.24, iwm +0.14, gsg -0.03, vweax +0.16",
+  "ref_full": "ivv +0.08, efa +0.25, qqq +0.36, iwm +0.17, vwo +0.11, fxe +0.07"
+ },
+ "althx": {
+  "sym": "althx",
+  "name": "AB National Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01299200837198349,
+  "alpha_t_5y": -1.0876848013589708,
+  "alpha_t_full": 0.5777569182982709,
+  "r2_5y": 0.4190648429135242,
+  "r2_full": 0.27925396582259776,
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+  "corr_benchmark": 0.3607867111915736,
+  "alpha_pos_frac": 0.5375722543352601,
+  "fund_max_dd": -0.15207057417309022,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.31, ief +0.08, ivv -0.07, vnq +0.02, vblix +0.22, tlt -0.14",
+  "ref_full": "agg +0.09, vweax +0.27, ief +0.09, iwm -0.02, vnq +0.01, fxy +0.03"
+ },
+ "alvix": {
+  "sym": "alvix",
+  "name": "FOCUSED LARGE CAP VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017009116713095258,
+  "alpha_t_5y": 0.8514200438338999,
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+  "r2_5y": 0.8579766992117894,
+  "r2_full": 0.9356799371363518,
+  "corr_portfolio": 0.39707812592441855,
+  "corr_benchmark": 0.4900899644401174,
+  "alpha_pos_frac": 0.4723404255319149,
+  "fund_max_dd": -0.5964223867598037,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.37, qqq -0.74, vnq +0.09, efa +0.13, fxe -0.08, gsg -0.02",
+  "ref_full": "ivv +1.18, qqq -0.46, efa +0.16, vnq +0.06, ief -0.12, fxe -0.10"
+ },
+ "alvox": {
+  "sym": "alvox",
+  "name": "Alger Capital Appreciation Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0032726825401031717,
+  "alpha_t_5y": -0.10203847019904388,
+  "alpha_t_full": -0.6396344708280263,
+  "r2_5y": 0.9052362250647515,
+  "r2_full": 0.9291469470532979,
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+  "corr_benchmark": 0.5940900764289873,
+  "alpha_pos_frac": 0.4708171206225681,
+  "fund_max_dd": -0.7211007117158809,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.85, iwm +0.08, vnq -0.12, ivv +0.25",
+  "ref_full": "qqq +0.63, ivv +0.39, vnq -0.07, iwm +0.06, gld +0.03, vweax +0.09"
+ },
+ "amaax": {
+  "sym": "amaax",
+  "name": "AB Massachusetts Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016739545135201254,
+  "alpha_t_5y": -1.3948812031038662,
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+  "r2_5y": 0.4136296689699688,
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+  "corr_portfolio": 0.036922280866619944,
+  "corr_benchmark": 0.37288365487083946,
+  "alpha_pos_frac": 0.5664739884393064,
+  "fund_max_dd": -0.13989769853597278,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.23, vweax +0.28, ivv -0.06, vnq +0.02, tlt -0.13, vmbix +0.08",
+  "ref_full": "agg +0.09, vweax +0.24, ief +0.11, fxy +0.03, gsg -0.01, efa -0.01"
+ },
+ "amcpx": {
+  "sym": "amcpx",
+  "name": "AMCAP FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.031816813435174736,
+  "alpha_t_5y": -1.7177696210524658,
+  "alpha_t_full": -1.2973053064074338,
+  "r2_5y": 0.9469460673873373,
+  "r2_full": 0.9510730640292083,
+  "corr_portfolio": 0.19284055498145847,
+  "corr_benchmark": 0.6183507242749062,
+  "alpha_pos_frac": 0.5361702127659574,
+  "fund_max_dd": -0.5287446875724586,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.57, qqq +0.30, iwm +0.11, gsg -0.03, vweax +0.13, vwo +0.03",
+  "ref_full": "ivv +0.57, qqq +0.23, iwm +0.12, vweax +0.08, fxe +0.04, vnq -0.02"
+ },
+ "amczx": {
+  "sym": "amczx",
+  "name": "Alger Mid Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.042833827675344785,
+  "alpha_t_5y": -0.4436950168701933,
+  "alpha_t_full": -0.5259071502242351,
+  "r2_5y": 0.5218964222446765,
+  "r2_full": 0.6179258862196781,
+  "corr_portfolio": 0.0766143279687423,
+  "corr_benchmark": 0.5050339532746038,
+  "alpha_pos_frac": 0.5116279069767442,
+  "fund_max_dd": -0.5399731817763815,
+  "first": "2015-05-29",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.94, iwm +0.61, ivv -0.57",
+  "ref_full": "qqq +0.81, iwm +0.53, ivv -0.39"
+ },
+ "amecx": {
+  "sym": "amecx",
+  "name": "INCOME FUND OF AMERICA",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.012334188300351809,
+  "alpha_t_5y": 1.1427650708347044,
+  "alpha_t_full": 1.232369392328452,
+  "r2_5y": 0.9258474743984931,
+  "r2_full": 0.9392057250711646,
+  "corr_portfolio": 0.419776246363064,
+  "corr_benchmark": 0.6114265281542928,
+  "alpha_pos_frac": 0.5689655172413793,
+  "fund_max_dd": -0.44177110852742085,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.20, vnq +0.07, ivv +0.68, qqq -0.33, djp +0.04, agg +0.14",
+  "ref_full": "ivv +0.54, efa +0.18, qqq -0.17, vweax +0.20, ief +0.08, vnq +0.02"
+ },
+ "amfex": {
+  "sym": "amfex",
+  "name": "AAMA Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_t_5y": -0.34502108287422256,
+  "alpha_t_full": -0.7373036474754886,
+  "r2_5y": 0.9540312554535927,
+  "r2_full": 0.9690679442063469,
+  "corr_portfolio": 0.26721415882565996,
+  "corr_benchmark": 0.6332317277065871,
+  "alpha_pos_frac": 0.38461538461538464,
+  "fund_max_dd": -0.3041198671156412,
+  "first": "2017-07-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.88, qqq -0.08, djp +0.03, vnq +0.03, efa +0.03",
+  "ref_full": "ivv +0.88, gsg +0.02, qqq -0.05, vwo +0.03"
+ },
+ "amgox": {
+  "sym": "amgox",
+  "name": "Alger Mid Cap Growth Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03779253261953439,
+  "alpha_t_5y": -0.30414857274833906,
+  "alpha_t_full": -1.1572632748199487,
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+  "r2_full": 0.614972633949392,
+  "corr_portfolio": 0.0826431750203498,
+  "corr_benchmark": 0.4502660221624269,
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+  "fund_max_dd": -0.8469430791091727,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.00, iwm +0.63, ivv -0.63",
+  "ref_full": "qqq +0.60, iwm +0.43, djp +0.06"
+ },
+ "amhix": {
+  "sym": "amhix",
+  "name": "AMERICAN HIGH-INCOME MUNICIPAL BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0016839910527581782,
+  "alpha_t_5y": 0.11884462372860576,
+  "alpha_t_full": 1.3528842087142658,
+  "r2_5y": 0.4221583783037852,
+  "r2_full": 0.3192994355975328,
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+  "corr_benchmark": 0.35016655037035094,
+  "alpha_pos_frac": 0.6184971098265896,
+  "fund_max_dd": -0.21728816693979547,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.39, ief +0.07, ivv -0.08, vnq +0.03, vblix +0.27, tlt -0.16",
+  "ref_full": "vweax +0.33, ief +0.06, fxy +0.04, agg +0.12, efa -0.03, vnq +0.01"
+ },
+ "amhyx": {
+  "sym": "amhyx",
+  "name": "INVESCO High Yield Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008802678210202723,
+  "alpha_t_5y": -0.8787176438620827,
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+  "r2_5y": 0.7842908883207654,
+  "r2_full": 0.8209077459527295,
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+  "corr_benchmark": 0.42680982845783216,
+  "alpha_pos_frac": 0.4639175257731959,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.90, ivv +0.03",
+  "ref_full": "vweax +0.95, ivv +0.02, ief -0.07, agg +0.07, gsg +0.01"
+ },
+ "amlpx": {
+  "sym": "amlpx",
+  "name": "MainGate MLP Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.11704665034777668,
+  "alpha_t_5y": 1.9329222388479854,
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+  "r2_5y": 0.536489739175792,
+  "r2_full": 0.48962726948793145,
+  "corr_portfolio": 0.28840987901622145,
+  "corr_benchmark": 0.2951738132008128,
+  "alpha_pos_frac": 0.5666666666666667,
+  "fund_max_dd": -0.767351021431719,
+  "first": "2011-02-23",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.28, gsg +0.38, vnq -0.04, qqq -0.77, ivv +1.22",
+  "ref_full": "iwm +0.39, gsg +0.40, vweax +0.75, qqq -0.49, ivv +0.64, fxe -0.26"
+ },
+ "amrgx": {
+  "sym": "amrgx",
+  "name": "AMERICAN GROWTH FUND Series One",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05215867361370129,
+  "alpha_t_5y": -0.9649058453636455,
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+  "r2_5y": 0.6273792939917975,
+  "r2_full": 0.8144184874816311,
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+  "corr_benchmark": 0.559414377601383,
+  "alpha_pos_frac": 0.5515695067264574,
+  "fund_max_dd": -0.7973426363529995,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.86, vea +1.01, efa -0.85, djp -0.09",
+  "ref_full": "ivv +0.52, qqq +0.24, iwm +0.15, efa +0.08, vnq -0.03"
+ },
+ "amrmx": {
+  "sym": "amrmx",
+  "name": "AMERICAN MUTUAL FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.006828731833448907,
+  "alpha_t_5y": 0.5301257753368543,
+  "alpha_t_full": 1.3586954206767912,
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+  "r2_full": 0.9498654126127917,
+  "corr_portfolio": 0.37119657069970646,
+  "corr_benchmark": 0.576167998550124,
+  "alpha_pos_frac": 0.5874439461883408,
+  "fund_max_dd": -0.4875314969078335,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.18, qqq -0.46, vnq +0.06, vea +0.06",
+  "ref_full": "ivv +0.92, qqq -0.21, efa +0.07, vnq +0.01, fxe -0.03"
+ },
+ "amtax": {
+  "sym": "amtax",
+  "name": "AB All Market Real Return Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0031770886937910626,
+  "alpha_t_5y": -0.21824391378189215,
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+  "r2_5y": 0.9302461562794114,
+  "r2_full": 0.9117413162656974,
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+  "corr_benchmark": 0.4817714687550322,
+  "alpha_pos_frac": 0.5375722543352601,
+  "fund_max_dd": -0.46655135255286295,
+  "first": "2010-03-10",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": true,
+  "ref_5y": "vea +0.33, djp +0.29, vnq +0.17, iwm +0.08, gsg +0.05, vblix -0.04",
+  "ref_full": "vea +0.26, djp +0.28, vnq +0.14, iwm +0.08, vwo +0.09, gsg +0.09"
+ },
+ "amusx": {
+  "sym": "amusx",
+  "name": "U.S. Government Securities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003530406701835833,
+  "alpha_t_5y": -0.551470806865331,
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+  "corr_benchmark": 0.611202206769455,
+  "alpha_pos_frac": 0.42196531791907516,
+  "fund_max_dd": -0.17023462381742793,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.56, vmbix +0.32, vweax +0.08, tlt -0.17, ivv -0.02, vblix +0.16",
+  "ref_full": "ief +0.59, vweax +0.06, efa +0.00, agg +0.08, tlt -0.03, vnq +0.01"
+ },
+ "anagx": {
+  "sym": "anagx",
+  "name": "AB GLOBAL BOND FUND, INC.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01311412145700408,
+  "alpha_t_5y": -1.5949644783269756,
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+  "corr_benchmark": 0.623774617191617,
+  "alpha_pos_frac": 0.5112107623318386,
+  "fund_max_dd": -0.4519100018767849,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.41, vweax +0.32, fxe -0.08, gsg -0.01, ivv -0.04, vea +0.03",
+  "ref_full": "agg +0.12, vweax +0.26, ief +0.27, vwo +0.03, qqq -0.02, vnq +0.01"
+ },
+ "ancfx": {
+  "sym": "ancfx",
+  "name": "AMERICAN FUNDS FUNDAMENTAL INVESTORS",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00970428990181727,
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+  "r2_full": 0.972746928090719,
+  "corr_portfolio": 0.2941062647402171,
+  "corr_benchmark": 0.6143476980917392,
+  "alpha_pos_frac": 0.515695067264574,
+  "fund_max_dd": -0.532867931285504,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.80, vea +0.36, efa -0.22, vwo +0.04, iwm +0.06, vnq -0.05",
+  "ref_full": "ivv +0.65, efa +0.16, djp +0.06, qqq +0.09, iwm +0.07, vnq -0.03"
+ },
+ "anefx": {
+  "sym": "anefx",
+  "name": "NEW ECONOMY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01759889926380489,
+  "alpha_t_5y": -0.7868652969062304,
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+  "r2_5y": 0.9286975706549823,
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+  "fund_max_dd": -0.6128070458059267,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.61, iwm +0.12, vwo +0.09, vea +0.50, efa -0.38, fxy -0.08",
+  "ref_full": "ivv +0.16, qqq +0.44, efa +0.11, iwm +0.12, vwo +0.08, vweax +0.15"
+ },
+ "angl": {
+  "sym": "angl",
+  "name": "VanEck Fallen Angel High Yield Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006269756957259691,
+  "alpha_t_5y": -0.42623126856828925,
+  "alpha_t_full": 0.26057612320690504,
+  "r2_5y": 0.7773161848262933,
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+  "corr_benchmark": 0.5901245823785086,
+  "alpha_pos_frac": 0.41566265060240964,
+  "fund_max_dd": -0.2930889356389057,
+  "first": "2012-04-12",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.16, agg +1.12, vweax +0.34, iwm +0.04, ief -0.36, vblix -0.10",
+  "ref_full": "vweax +0.60, ivv +0.16, agg +0.61, gsg +0.04, vnq +0.04, ief -0.19"
+ },
+ "anglx": {
+  "sym": "anglx",
+  "name": "Angel Oak Multi-Strategy Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0014131916452015574,
+  "alpha_t_5y": 0.1579153068854662,
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+  "r2_5y": 0.39715993564775576,
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+  "alpha_pos_frac": 0.5795454545454546,
+  "fund_max_dd": -0.1639786247053283,
+  "first": "2011-07-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "vmbix +0.14, vweax +0.26, ivv -0.01, gsg -0.01, fxy +0.03, efa -0.02",
+  "ref_full": "vweax +0.28, vmbix +0.20, efa -0.03, agg -0.13, fxy +0.04, gsg -0.01"
+ },
+ "annpx": {
+  "sym": "annpx",
+  "name": "Virtus Convertible Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004857323190057269,
+  "alpha_t_5y": -0.19160779257341554,
+  "alpha_t_full": 0.8738524042248822,
+  "r2_5y": 0.81064120243589,
+  "r2_full": 0.8463142550694409,
+  "corr_portfolio": 0.1565869339053387,
+  "corr_benchmark": 0.5738221338006301,
+  "alpha_pos_frac": 0.5617529880478087,
+  "fund_max_dd": -0.5113587398154036,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.37, qqq +0.44, ivv -0.38, vwo +0.08",
+  "ref_full": "qqq +0.26, iwm +0.28, vweax +0.26, vnq -0.06, vwo +0.04, gld +0.03"
+ },
+ "anwpx": {
+  "sym": "anwpx",
+  "name": "NEW PERSPECTIVE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.031202295483066578,
+  "alpha_t_5y": -2.051740536944388,
+  "alpha_t_full": -1.0866044287921859,
+  "r2_5y": 0.9568089321150061,
+  "r2_full": 0.9575852489926374,
+  "corr_portfolio": 0.25897191693061106,
+  "corr_benchmark": 0.6158176649248205,
+  "alpha_pos_frac": 0.5201793721973094,
+  "fund_max_dd": -0.5234499149239871,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.19, vea -0.15, qqq +0.32, vwo +0.10, efa +0.45, iwm +0.06",
+  "ref_full": "ivv +0.28, efa +0.39, qqq +0.27, vweax +0.18, gld +0.05, vnq -0.04"
+ },
+ "aotax": {
+  "sym": "aotax",
+  "name": "Virtus Emerging Markets Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0007069115762635621,
+  "alpha_t_5y": 0.017597211691382942,
+  "alpha_t_full": -0.5744217863171932,
+  "r2_5y": 0.6908725107884224,
+  "r2_full": 0.8515376832547012,
+  "corr_portfolio": 0.3274305623100404,
+  "corr_benchmark": 0.42658431563156873,
+  "alpha_pos_frac": 0.49327354260089684,
+  "fund_max_dd": -0.7119175271569294,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.67, ivv +0.11, fxe -0.25, vea +1.13, efa -0.94, iwm -0.10",
+  "ref_full": "vwo +0.65, vweax +0.29, ivv +0.09, ief -0.10, efa +0.07, vnq -0.03"
+ },
+ "apfdx": {
+  "sym": "apfdx",
+  "name": "Artisan Global Discovery Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.059804673997804945,
+  "alpha_t_5y": -1.811168152915247,
+  "alpha_t_full": -0.39652687501755995,
+  "r2_5y": 0.8520491916542666,
+  "r2_full": 0.8622492315365227,
+  "corr_portfolio": 0.12110403488665698,
+  "corr_benchmark": 0.6456568581609335,
+  "alpha_pos_frac": 0.49019607843137253,
+  "fund_max_dd": -0.4083002278213764,
+  "first": "2017-08-22",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv -0.35, iwm +0.31, qqq +0.56, efa +0.31, vweax +0.32, vnq +0.07",
+  "ref_full": "ivv -0.18, vea +0.26, qqq +0.48, iwm +0.28, vweax +0.29, fxe +0.13"
+ },
+ "apgax": {
+  "sym": "apgax",
+  "name": "AB LARGE CAP GROWTH FUND INC",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03816339567351563,
+  "alpha_t_5y": -1.9024273792404103,
+  "alpha_t_full": -0.05600573138926721,
+  "r2_5y": 0.9435554089438621,
+  "r2_full": 0.9158867649889046,
+  "corr_portfolio": 0.15590970757624298,
+  "corr_benchmark": 0.6227320851165699,
+  "alpha_pos_frac": 0.5028901734104047,
+  "fund_max_dd": -0.6718956218921375,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.51, ivv +0.59, iwm -0.06, djp -0.03, vblix +0.04, vea -0.05",
+  "ref_full": "qqq +0.50, ivv +0.47, fxe +0.06"
+ },
+ "aphmx": {
+  "sym": "aphmx",
+  "name": "Artisan Mid Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07959307087115645,
+  "alpha_t_5y": -1.9392542457881794,
+  "alpha_t_full": -1.61192308401406,
+  "r2_5y": 0.8359085684040284,
+  "r2_full": 0.8489563343484382,
+  "corr_portfolio": 0.10549465872117479,
+  "corr_benchmark": 0.5950687157519657,
+  "alpha_pos_frac": 0.5369649805447471,
+  "fund_max_dd": -0.6445116079239371,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.80, iwm +0.43, vweax +0.23, ivv -0.37, vnq +0.10",
+  "ref_full": "qqq +0.57, iwm +0.34, efa +0.07, vweax +0.10, gld +0.03"
+ },
+ "apoix": {
+  "sym": "apoix",
+  "name": "SHORT DURATION INFLATION PROTECTION BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004202216480610032,
+  "alpha_t_5y": 0.4871572038931206,
+  "alpha_t_full": 0.9414896272688689,
+  "r2_5y": 0.6128610485683619,
+  "r2_full": 0.4701232484493807,
+  "corr_portfolio": 0.034343896411683,
+  "corr_benchmark": 0.4343611943089253,
+  "alpha_pos_frac": 0.4717948717948718,
+  "fund_max_dd": -0.14533998249621538,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix -0.01, gsg +0.04, ief +0.39, tlt -0.16, agg +0.28",
+  "ref_full": "ief +0.61, gsg +0.04, tlt -0.11, vweax +0.11, vnq -0.02, iwm +0.02"
+ },
+ "aqeax": {
+  "sym": "aqeax",
+  "name": "Columbia Disciplined Core Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007095126928764157,
+  "alpha_t_5y": -0.6214521607128697,
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+  "r2_5y": 0.9744285798258917,
+  "r2_full": 0.977124958110856,
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+  "alpha_pos_frac": 0.5330739299610895,
+  "fund_max_dd": -0.5790410031685349,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.06, iwm +0.03, vnq -0.03, qqq -0.05",
+  "ref_full": "ivv +0.98, vwo +0.02, iwm +0.02, gsg +0.01, fxy -0.03, agg +0.04"
+ },
+ "aqeix": {
+  "sym": "aqeix",
+  "name": "LKCM Aquinas Catholic Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06278228216794486,
+  "alpha_t_5y": -3.45726696957959,
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+  "r2_5y": 0.9308354711567502,
+  "r2_full": 0.9426896203186018,
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+  "alpha_pos_frac": 0.5028901734104047,
+  "fund_max_dd": -0.503975738866965,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.09, qqq -0.23, iwm +0.11, gsg +0.04, vblix +0.03",
+  "ref_full": "ivv +0.80, iwm +0.15, gsg +0.03, tlt -0.06, vnq +0.02, agg +0.08"
+ },
+ "arbfx": {
+  "sym": "arbfx",
+  "name": "ARBITRAGE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012565426836917476,
+  "alpha_t_5y": -1.0633066451642361,
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+  "r2_5y": 0.37640821474405384,
+  "r2_full": 0.4049452382515595,
+  "corr_portfolio": 0.17090871277717415,
+  "corr_benchmark": 0.3751412851192825,
+  "alpha_pos_frac": 0.42105263157894735,
+  "fund_max_dd": -0.3801214388149292,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.04, ivv +0.07, vweax +0.09, qqq -0.02, fxy -0.03, vnq +0.02",
+  "ref_full": "ivv +0.06, vwo +0.05, vnq +0.03, agg +0.26, fxy -0.06, ief -0.13"
+ },
+ "archx": {
+  "sym": "archx",
+  "name": "Archer Balanced Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005270365962190427,
+  "alpha_t_5y": -0.4569154019855655,
+  "alpha_t_full": -1.5887533027332923,
+  "r2_5y": 0.9287843597782681,
+  "r2_full": 0.9322092685141171,
+  "corr_portfolio": 0.3218546440899444,
+  "corr_benchmark": 0.6231696955178602,
+  "alpha_pos_frac": 0.47346938775510206,
+  "fund_max_dd": -0.4431303243642455,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.76, qqq -0.18, vnq +0.06, ief +0.05, gld +0.01",
+  "ref_full": "ivv +0.66, qqq -0.10, agg +0.11, vnq +0.03, efa +0.06, fxe -0.04"
+ },
+ "arcvx": {
+  "sym": "arcvx",
+  "name": "ONE CHOICE 2030 PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014682930674685898,
+  "alpha_t_5y": -2.5032111095970238,
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+  "r2_5y": 0.9735606601833547,
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+  "corr_benchmark": 0.7035374430898339,
+  "alpha_pos_frac": 0.46153846153846156,
+  "fund_max_dd": -0.39170222190061066,
+  "first": "2008-06-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.27, vmbix +0.10, efa +0.14, iwm +0.06, ief +0.16, vweax +0.12",
+  "ref_full": "ivv +0.29, efa +0.13, vnq +0.04, agg +0.18, iwm +0.06, vwo +0.05"
+ },
+ "ardex": {
+  "sym": "ardex",
+  "name": "AMG River Road Dividend All Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0010982155707028414,
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+  "corr_benchmark": 0.5298805552770064,
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+  "fund_max_dd": -0.48983765802076806,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.16, qqq -0.60, vnq +0.12, iwm +0.11, vea +0.05",
+  "ref_full": "ivv +0.90, qqq -0.33, iwm +0.17, vnq +0.04, vweax +0.09, efa +0.03"
+ },
+ "ardgx": {
+  "sym": "ardgx",
+  "name": "Archer Dividend Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.027268251192568652,
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+  "corr_benchmark": 0.5351060480460837,
+  "alpha_pos_frac": 0.42105263157894735,
+  "fund_max_dd": -0.3816672180687274,
+  "first": "2016-09-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.22, ivv +1.16, qqq -0.63, gsg +0.03, vea +0.05",
+  "ref_full": "ivv +1.17, qqq -0.56, vnq +0.19, gsg +0.03, efa +0.07, fxe -0.06"
+ },
+ "ardsx": {
+  "sym": "ardsx",
+  "name": "ONE CHOICE 2040 PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.017548161624954744,
+  "alpha_t_5y": -2.549612285338226,
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+  "r2_5y": 0.9749592816638778,
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+  "corr_benchmark": 0.6717152860971849,
+  "alpha_pos_frac": 0.5539906103286385,
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+  "first": "2008-06-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.32, vea +0.17, agg +0.22, iwm +0.06, vweax +0.13, vnq +0.03",
+  "ref_full": "ivv +0.36, efa +0.14, iwm +0.08, vnq +0.04, agg +0.14, vwo +0.06"
+ },
+ "arevx": {
+  "sym": "arevx",
+  "name": "ONE CHOICE 2055 PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02116101388913064,
+  "alpha_t_5y": -2.6402623298838312,
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+  "corr_benchmark": 0.6442895504497106,
+  "alpha_pos_frac": 0.5202312138728323,
+  "fund_max_dd": -0.30155638793855777,
+  "first": "2011-04-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.42, vea +0.19, iwm +0.09, vblix +0.06, vwo +0.06, vnq +0.04",
+  "ref_full": "ivv +0.45, vea +0.16, iwm +0.11, vweax +0.13, vwo +0.05, agg +0.10"
+ },
+ "arfvx": {
+  "sym": "arfvx",
+  "name": "ONE CHOICE 2050 PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.020458080283212363,
+  "alpha_t_5y": -2.6402874563525764,
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+  "alpha_pos_frac": 0.5633802816901409,
+  "fund_max_dd": -0.4682592404771232,
+  "first": "2008-06-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.39, vea +0.17, iwm +0.09, agg +0.15, vwo +0.05, vweax +0.13",
+  "ref_full": "ivv +0.42, vea +0.14, iwm +0.10, vwo +0.06, vweax +0.13, vnq +0.03"
+ },
+ "argvx": {
+  "sym": "argvx",
+  "name": "ONE CHOICE 2060 PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.021254968856646586,
+  "alpha_t_5y": -2.566534531956864,
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+  "r2_5y": 0.9782523891954704,
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+  "corr_benchmark": 0.6622702913541155,
+  "alpha_pos_frac": 0.576,
+  "fund_max_dd": -0.30847971378669914,
+  "first": "2015-10-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.43, vea +0.19, iwm +0.09, vblix +0.05, vwo +0.06, vnq +0.04",
+  "ref_full": "ivv +0.45, vea +0.19, iwm +0.10, vblix +0.05, vwo +0.06, vweax +0.10"
+ },
+ "arhfx": {
+  "sym": "arhfx",
+  "name": "One Choice 2065 Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.026597523812717766,
+  "alpha_t_5y": -3.1695381162173493,
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+  "r2_5y": 0.9785925441361786,
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+  "corr_benchmark": 0.6991218947841387,
+  "alpha_pos_frac": 0.5076923076923077,
+  "fund_max_dd": -0.26433493222894733,
+  "first": "2020-09-30",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.44, vea +0.19, iwm +0.10, vblix +0.04, vwo +0.06, vnq +0.03",
+  "ref_full": "ivv +0.45, vea +0.19, iwm +0.09, vblix +0.04, vwo +0.07, vnq +0.03"
+ },
+ "ariix": {
+  "sym": "ariix",
+  "name": "AB Global Real Estate Investment Fund II",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014944076712229309,
+  "alpha_t_5y": -0.9332562358225908,
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+  "r2_5y": 0.9431774029358291,
+  "r2_full": 0.9228639340132128,
+  "corr_portfolio": 0.3015486347106098,
+  "corr_benchmark": 0.5984826529217365,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.7035097729966395,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.71, vea +0.29, ivv -0.11, vweax +0.15",
+  "ref_full": "vnq +0.46, efa +0.34, vweax +0.30, vwo +0.05, qqq -0.06, iwm +0.06"
+ },
+ "arinx": {
+  "sym": "arinx",
+  "name": "Archer Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007665097029159457,
+  "alpha_t_5y": -1.4404521980774163,
+  "alpha_t_full": 0.5251506442148041,
+  "r2_5y": 0.6067245479254955,
+  "r2_full": 0.36078003751870513,
+  "corr_portfolio": 0.0847722756188009,
+  "corr_benchmark": 0.5764358084684477,
+  "alpha_pos_frac": 0.5055555555555555,
+  "fund_max_dd": -0.09372116318583112,
+  "first": "2011-09-28",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.15, vweax +0.12, qqq -0.01, tlt -0.03, vea +0.01, ief +0.09",
+  "ref_full": "vblix +0.06, vweax +0.10, agg +0.10, ief +0.15, vnq +0.01, tlt -0.07"
+ },
+ "aroix": {
+  "sym": "aroix",
+  "name": "ONE CHOICE 2045 PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01950247097857761,
+  "alpha_t_5y": -2.687417830964725,
+  "alpha_t_full": -0.587172952827536,
+  "r2_5y": 0.9767261690253094,
+  "r2_full": 0.9546448737702778,
+  "corr_portfolio": 0.3164812810302356,
+  "corr_benchmark": 0.6601082620896445,
+  "alpha_pos_frac": 0.5560538116591929,
+  "fund_max_dd": -0.4895492205679943,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.35, vea +0.16, agg +0.20, iwm +0.08, vweax +0.13, vwo +0.04",
+  "ref_full": "ivv +0.40, efa +0.14, iwm +0.10, vwo +0.07, ief +0.09, vnq +0.03"
+ },
+ "arskx": {
+  "sym": "arskx",
+  "name": "Archer Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016802277669463773,
+  "alpha_t_5y": -1.0016703842146266,
+  "alpha_t_full": -2.136657630931929,
+  "r2_5y": 0.9401051807275822,
+  "r2_full": 0.9238035730982016,
+  "corr_portfolio": 0.2500632859169881,
+  "corr_benchmark": 0.596912563070691,
+  "alpha_pos_frac": 0.4508670520231214,
+  "fund_max_dd": -0.32442582839546363,
+  "first": "2011-03-10",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.85, iwm +0.06, vnq +0.03, vblix +0.03",
+  "ref_full": "ivv +0.66, iwm +0.17, qqq +0.11, fxy -0.04, efa +0.27, vea -0.24"
+ },
+ "artox": {
+  "sym": "artox",
+  "name": "ONE CHOICE IN RETIREMENT PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010767514277624153,
+  "alpha_t_5y": -2.0665593709870964,
+  "alpha_t_full": -0.954768011148965,
+  "r2_5y": 0.9730619686784951,
+  "r2_full": 0.9409174638390282,
+  "corr_portfolio": 0.30206301935869606,
+  "corr_benchmark": 0.7341892763480635,
+  "alpha_pos_frac": 0.49224806201550386,
+  "fund_max_dd": -0.2765553877320617,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.30, agg +0.33, efa +0.11, iwm +0.04, vweax +0.11, qqq -0.05",
+  "ref_full": "ivv +0.27, ief +0.21, efa +0.09, iwm +0.06, vweax +0.12, fxe +0.03"
+ },
+ "artrx": {
+  "sym": "artrx",
+  "name": "Artisan Global Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07435115744077626,
+  "alpha_t_5y": -2.6581902218516005,
+  "alpha_t_full": -0.8385518237381553,
+  "r2_5y": 0.8729935456731361,
+  "r2_full": 0.9099137986989214,
+  "corr_portfolio": 0.21222457135615286,
+  "corr_benchmark": 0.607453488685992,
+  "alpha_pos_frac": 0.5119617224880383,
+  "fund_max_dd": -0.4599999609389349,
+  "first": "2008-09-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.22, efa +0.60, qqq +0.37, vweax +0.34, vwo +0.10, vea -0.35",
+  "ref_full": "ivv +0.13, vea +0.23, qqq +0.40, vnq +0.05, vwo +0.07, iwm +0.07"
+ },
+ "artsx": {
+  "sym": "artsx",
+  "name": "Artisan Small Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07551986888793091,
+  "alpha_t_5y": -1.6822353128372052,
+  "alpha_t_full": -1.3693306489284565,
+  "r2_5y": 0.8510556652324488,
+  "r2_full": 0.8680405595263603,
+  "corr_portfolio": 0.07322123486962524,
+  "corr_benchmark": 0.5747676052172008,
+  "alpha_pos_frac": 0.5375722543352601,
+  "fund_max_dd": -0.6276587285834823,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.82, qqq +0.83, ivv -0.70, vblix +0.10, gsg -0.06, vwo +0.09",
+  "ref_full": "iwm +0.75, qqq +0.58, ivv -0.33, agg +0.16, vnq -0.03, vweax +0.09"
+ },
+ "aryix": {
+  "sym": "aryix",
+  "name": "ONE CHOICE 2035 PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016807156142188046,
+  "alpha_t_5y": -2.751621033500323,
+  "alpha_t_full": -0.5343694117172532,
+  "r2_5y": 0.9761177688817784,
+  "r2_full": 0.9475160738481532,
+  "corr_portfolio": 0.3178996694847194,
+  "corr_benchmark": 0.6874201050854275,
+  "alpha_pos_frac": 0.4666666666666667,
+  "fund_max_dd": -0.4509471437694327,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.30, vmbix +0.09, efa +0.16, iwm +0.06, vweax +0.13, ief +0.15",
+  "ref_full": "ivv +0.32, efa +0.13, vnq +0.04, agg +0.16, vwo +0.06, iwm +0.07"
+ },
+ "asbax": {
+  "sym": "asbax",
+  "name": "Short-Term Bond Fund of America",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008923979789864771,
+  "alpha_t_5y": -1.6518064074090695,
+  "alpha_t_full": -1.6001093104792965,
+  "r2_5y": 0.6446479755504975,
+  "r2_full": 0.5269667159153055,
+  "corr_portfolio": -0.10194378494399323,
+  "corr_benchmark": 0.3440884309939334,
+  "alpha_pos_frac": 0.37572254335260113,
+  "fund_max_dd": -0.059665974440396785,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.30, tlt -0.21, vblix +0.11, efa -0.02, vweax +0.06, agg +0.15",
+  "ref_full": "ief +0.28, tlt -0.07, vweax +0.07, fxy +0.01, agg +0.02"
+ },
+ "ascgx": {
+  "sym": "ascgx",
+  "name": "Lisanti Small Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06454408586026168,
+  "alpha_t_5y": -1.6237103391324696,
+  "alpha_t_full": -1.2425237299622576,
+  "r2_5y": 0.8755168436872726,
+  "r2_full": 0.8860994224952954,
+  "corr_portfolio": 0.1590243482586561,
+  "corr_benchmark": 0.5354118609760644,
+  "alpha_pos_frac": 0.5447470817120622,
+  "fund_max_dd": -0.5931191591382847,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.98, qqq +0.55, ivv -0.40, vnq -0.13",
+  "ref_full": "iwm +0.92, qqq +0.53, ivv -0.32, vnq -0.08, gld +0.04, efa -0.05"
+ },
+ "asdvx": {
+  "sym": "asdvx",
+  "name": "SHORT DURATION STRATEGIC INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0004941106654304091,
+  "alpha_t_5y": 0.08556302331718237,
+  "alpha_t_full": 0.6371504436576672,
+  "r2_5y": 0.6416740880076033,
+  "r2_full": 0.5617863533054858,
+  "corr_portfolio": 0.11317382167081359,
+  "corr_benchmark": 0.34701149906341794,
+  "alpha_pos_frac": 0.5611510791366906,
+  "fund_max_dd": -0.07859337841442937,
+  "first": "2014-07-30",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.02, vweax +0.14, ivv -0.02, ief +0.23, tlt -0.26, vblix +0.27",
+  "ref_full": "vweax +0.21, ief +0.19, tlt -0.17, vblix +0.17, ivv -0.02"
+ },
+ "asfcx": {
+  "sym": "asfcx",
+  "name": "Virtus AlphaSimplex Managed Futures Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.10650031020946062,
+  "alpha_t_5y": -2.2539042072935205,
+  "alpha_t_full": -0.29857931495155354,
+  "r2_5y": 0.32329751377736504,
+  "r2_full": 0.14471523791116725,
+  "corr_portfolio": 0.2109754219397301,
+  "corr_benchmark": 0.007680002259431506,
+  "alpha_pos_frac": 0.5294117647058824,
+  "fund_max_dd": -0.38006080801338593,
+  "first": "2010-08-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "ief -0.73, djp +0.13, gld +0.14, fxy -0.15, vea +0.17, fxe -0.34",
+  "ref_full": "vmbix -1.29, gld +0.13, qqq +0.03, tlt +0.25, fxe -0.25, vea +0.16"
+ },
+ "asiax": {
+  "sym": "asiax",
+  "name": "Invesco Asia Pacific Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015104802719158268,
+  "alpha_t_5y": -0.47353436684284256,
+  "alpha_t_full": 0.29552911674879556,
+  "r2_5y": 0.7657092192752085,
+  "r2_full": 0.7505036835955545,
+  "corr_portfolio": 0.25857046103270287,
+  "corr_benchmark": 0.4266787160115415,
+  "alpha_pos_frac": 0.5258620689655172,
+  "fund_max_dd": -0.6377951933582297,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.68, qqq +0.12, vnq -0.06, djp +0.04",
+  "ref_full": "vwo +0.47, vweax +0.45, qqq +0.11, agg -0.12"
+ },
+ "asihx": {
+  "sym": "asihx",
+  "name": "MULTISECTOR INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00899613852282286,
+  "alpha_t_5y": -1.2537975693202326,
+  "alpha_t_full": -1.565652559266554,
+  "r2_5y": 0.8286539699178047,
+  "r2_full": 0.8035953907674456,
+  "corr_portfolio": 0.15481990395473977,
+  "corr_benchmark": 0.5947970335099624,
+  "alpha_pos_frac": 0.49640287769784175,
+  "fund_max_dd": -0.14394450853912422,
+  "first": "2014-07-30",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.21, vweax +0.29, ief +0.26, tlt -0.22, vblix +0.22, qqq -0.01",
+  "ref_full": "vweax +0.36, ief +0.21, vmbix +0.15, tlt -0.20, vblix +0.24, vwo +0.01"
+ },
+ "asmmx": {
+  "sym": "asmmx",
+  "name": "INVESCO SUMMIT FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06989406194578869,
+  "alpha_t_5y": -2.675070572108494,
+  "alpha_t_full": -2.697709367050399,
+  "r2_5y": 0.9347868348356729,
+  "r2_full": 0.9116447003294239,
+  "corr_portfolio": 0.15544116019908738,
+  "corr_benchmark": 0.5993451612459074,
+  "alpha_pos_frac": 0.574468085106383,
+  "fund_max_dd": -0.4920716315814331,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.90, iwm +0.17, vnq -0.10, vwo +0.08, gsg +0.02",
+  "ref_full": "qqq +0.55, ivv +0.43, vnq -0.14, iwm +0.13, gld +0.05, vweax +0.13"
+ },
+ "asqix": {
+  "sym": "asqix",
+  "name": "SMALL COMPANY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.002312410122644036,
+  "alpha_t_5y": 0.12460527850990624,
+  "alpha_t_full": -1.6036686306244943,
+  "r2_5y": 0.9587043566529007,
+  "r2_full": 0.9631372656737397,
+  "corr_portfolio": 0.29289480334142154,
+  "corr_benchmark": 0.5332395187707428,
+  "alpha_pos_frac": 0.48627450980392156,
+  "fund_max_dd": -0.6358085669164426,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.91, ivv +0.28, qqq -0.13, vnq -0.07, gld -0.02",
+  "ref_full": "iwm +0.89, ivv +0.11, vnq -0.03, djp +0.01"
+ },
+ "asrax": {
+  "sym": "asrax",
+  "name": "Invesco Global Real Estate Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02155924135801284,
+  "alpha_t_5y": -1.4710525563616041,
+  "alpha_t_full": -1.6466121127355533,
+  "r2_5y": 0.9239808106415704,
+  "r2_full": 0.710215148018009,
+  "corr_portfolio": 0.278166413578444,
+  "corr_benchmark": 0.611031001588412,
+  "alpha_pos_frac": 0.7488789237668162,
+  "fund_max_dd": -0.7856097614159634,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.57, vea +0.21, ivv -0.15, vweax +0.16, qqq +0.04",
+  "ref_full": "vnq +0.51, efa +0.17, vweax +0.25, ief +0.11, ivv -0.07"
+ },
+ "astex": {
+  "sym": "astex",
+  "name": "AMERICAN FUNDS SHORT-TERM TAX-EXEMPT BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013574302958424045,
+  "alpha_t_5y": -2.351509674152509,
+  "alpha_t_full": -1.208731930293376,
+  "r2_5y": 0.3343384237024013,
+  "r2_full": 0.2682370185577039,
+  "corr_portfolio": 0.037701686976375604,
+  "corr_benchmark": 0.2957943804963343,
+  "alpha_pos_frac": 0.46733668341708545,
+  "fund_max_dd": -0.054430118904711056,
+  "first": "2009-08-11",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.18, ief +0.05, ivv -0.02",
+  "ref_full": "vweax +0.10, agg +0.10, iwm -0.01, fxy +0.01, vnq +0.01, tlt -0.01"
+ },
+ "asvix": {
+  "sym": "asvix",
+  "name": "SMALL CAP VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.016644084856488106,
+  "alpha_t_5y": 0.5315932227596746,
+  "alpha_t_full": 1.3539584362269927,
+  "r2_5y": 0.8848780199126185,
+  "r2_full": 0.9067130869537304,
+  "corr_portfolio": 0.3409741560710824,
+  "corr_benchmark": 0.47727544702948443,
+  "alpha_pos_frac": 0.43529411764705883,
+  "fund_max_dd": -0.5488621333327476,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.84, qqq -0.56, ivv +0.78, gld -0.07",
+  "ref_full": "iwm +0.86, qqq -0.31, ivv +0.37, gld -0.03, vweax +0.12, ief -0.06"
+ },
+ "asylx": {
+  "sym": "asylx",
+  "name": "AB Select US Long/Short Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0024023103282033802,
+  "alpha_t_5y": -0.2208610718320572,
+  "alpha_t_full": -0.20817306015384993,
+  "r2_5y": 0.8961171873403666,
+  "r2_full": 0.9213875367346774,
+  "corr_portfolio": 0.3100471337195512,
+  "corr_benchmark": 0.5552627812457924,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.1834452465867611,
+  "first": "2012-12-14",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": true,
+  "ref_5y": "ivv +0.60, qqq -0.10, vnq -0.04, vblix -0.02",
+  "ref_full": "ivv +0.55, vblix -0.03, vnq -0.02, qqq -0.03"
+ },
+ "atfax": {
+  "sym": "atfax",
+  "name": "Invesco Limited Term Municipal Income",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012512982696992395,
+  "alpha_t_5y": -2.0221752294610402,
+  "alpha_t_full": 1.497498476755451,
+  "r2_5y": 0.3850103342255763,
+  "r2_full": 0.2724721489472064,
+  "corr_portfolio": 0.05986052684904451,
+  "corr_benchmark": 0.30226698987395606,
+  "alpha_pos_frac": 0.5375722543352601,
+  "fund_max_dd": -0.0717992440384162,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.15, vblix +0.16, ivv -0.04, tlt -0.10, vnq +0.01",
+  "ref_full": "vweax +0.17, ief +0.04, iwm -0.02, agg +0.05, vnq +0.01, fxy +0.02"
+ },
+ "atoax": {
+  "sym": "atoax",
+  "name": "abrdn Ultra Short Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010494015806368643,
+  "alpha_t_5y": -3.4129978399597465,
+  "alpha_t_full": -0.012146577657726544,
+  "r2_5y": 0.1937130801066943,
+  "r2_full": 0.04896888122450249,
+  "corr_portfolio": 0.055915486085780564,
+  "corr_benchmark": 0.03244446557297513,
+  "alpha_pos_frac": 0.3641025641025641,
+  "fund_max_dd": -0.011239417601101809,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.10, efa -0.01, vmbix -0.02, iwm -0.00",
+  "ref_full": "vweax +0.03, agg +0.01, tlt -0.00"
+ },
+ "attyx": {
+  "sym": "attyx",
+  "name": "AB Tax-Aware Fixed Income Opportunities Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0032069067636936524,
+  "alpha_t_5y": -0.25252989828386635,
+  "alpha_t_full": 0.6971424521234897,
+  "r2_5y": 0.4130740990648758,
+  "r2_full": 0.42984750940338323,
+  "corr_portfolio": 0.11754577576422559,
+  "corr_benchmark": 0.35213641945101126,
+  "alpha_pos_frac": 0.5068493150684932,
+  "fund_max_dd": -0.18602623539539576,
+  "first": "2013-12-16",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.35, vblix +0.27, ivv -0.07, vnq +0.03, tlt -0.15",
+  "ref_full": "vweax +0.20, vblix +0.49, tlt -0.32, fxy +0.05, vnq +0.04, efa -0.04"
+ },
+ "atwax": {
+  "sym": "atwax",
+  "name": "AB Tax-Managed Wealth Appreciation Strategy",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014579523839980651,
+  "alpha_t_5y": -1.4369543379118381,
+  "alpha_t_full": -3.1808759759482172,
+  "r2_5y": 0.9773402053310415,
+  "r2_full": 0.9801856916029097,
+  "corr_portfolio": 0.3293266908696463,
+  "corr_benchmark": 0.6096465240975878,
+  "alpha_pos_frac": 0.5336322869955157,
+  "fund_max_dd": -0.5931780509125283,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.63, vea +0.25, vwo +0.08, iwm +0.06, vnq -0.04, fxy -0.04",
+  "ref_full": "ivv +0.53, efa +0.25, vwo +0.05, iwm +0.07, qqq +0.05, djp +0.02"
+ },
+ "augax": {
+  "sym": "augax",
+  "name": "Columbia Quality Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0026972409402379527,
+  "alpha_t_5y": -0.29182295737206404,
+  "alpha_t_full": -0.18624526229838287,
+  "r2_5y": 0.912838737091881,
+  "r2_full": 0.5588992770398229,
+  "corr_portfolio": -0.09675380342003924,
+  "corr_benchmark": 0.571952442273569,
+  "alpha_pos_frac": 0.4682080924855491,
+  "fund_max_dd": -0.2511190103751987,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.76, ief +0.46, tlt -0.19, vblix +0.14, qqq -0.03, vweax +0.10",
+  "ref_full": "ief +0.52, vweax +0.14, agg +0.21, tlt -0.09, vnq +0.02, fxy +0.02"
+ },
+ "auiax": {
+  "sym": "auiax",
+  "name": "AB EQUITY INCOME FUND INC",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017344588155935373,
+  "alpha_t_5y": 1.150109689792229,
+  "alpha_t_full": 0.48805530485888443,
+  "r2_5y": 0.9435918227659623,
+  "r2_full": 0.9006621562335606,
+  "corr_portfolio": 0.35236252731601975,
+  "corr_benchmark": 0.586318993977131,
+  "alpha_pos_frac": 0.4663677130044843,
+  "fund_max_dd": -0.4696839921726118,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.12, qqq -0.30, iwm +0.06, vea +0.06",
+  "ref_full": "ivv +1.02, efa +0.10, vnq -0.08, qqq -0.17, agg +0.25, tlt -0.06"
+ },
+ "aunax": {
+  "sym": "aunax",
+  "name": "AB Municipal Bond Inflation Strategy",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013224332725150998,
+  "alpha_t_5y": -1.0475431639089143,
+  "alpha_t_full": -0.08221795182476951,
+  "r2_5y": 0.19449516149871804,
+  "r2_full": 0.21603998360874654,
+  "corr_portfolio": 0.1758125403949235,
+  "corr_benchmark": 0.22724736677790008,
+  "alpha_pos_frac": 0.5181347150259067,
+  "fund_max_dd": -0.14218878942222746,
+  "first": "2010-02-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.25, gsg +0.04",
+  "ref_full": "vweax +0.22, djp +0.04, agg +0.14, tlt -0.03, efa -0.02, vnq +0.02"
+ },
+ "auuyx": {
+  "sym": "auuyx",
+  "name": "AB Select US Equity Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.009343576881334486,
+  "alpha_t_5y": 0.4927118026325176,
+  "alpha_t_full": 0.7619111942935962,
+  "r2_5y": 0.9167953269497535,
+  "r2_full": 0.7718521289557446,
+  "corr_portfolio": 0.29845235513004115,
+  "corr_benchmark": 0.5385151937189094,
+  "alpha_pos_frac": 0.5058823529411764,
+  "fund_max_dd": -0.3254505300848638,
+  "first": "2011-12-12",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.21, qqq -0.21, vnq -0.07",
+  "ref_full": "ivv +0.90, vnq -0.05"
+ },
+ "avaax": {
+  "sym": "avaax",
+  "name": "AB Virginia Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01442200586847315,
+  "alpha_t_5y": -1.1935158431190749,
+  "alpha_t_full": 0.6286041472762292,
+  "r2_5y": 0.41889352325803186,
+  "r2_full": 0.2943116294095357,
+  "corr_portfolio": 0.03299234887675384,
+  "corr_benchmark": 0.3577632276935698,
+  "alpha_pos_frac": 0.5491329479768786,
+  "fund_max_dd": -0.1390505909834746,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.22, vweax +0.29, ivv -0.07, vmbix +0.11, tlt -0.13, vnq +0.02",
+  "ref_full": "agg +0.08, vweax +0.25, ief +0.10, fxy +0.03, gsg -0.01, efa -0.01"
+ },
+ "avalx": {
+  "sym": "avalx",
+  "name": "Aegis Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.07255436224296527,
+  "alpha_t_5y": 1.387758997819331,
+  "alpha_t_full": 2.0817267653069154,
+  "r2_5y": 0.6938640454045268,
+  "r2_full": 0.6758253354536523,
+  "corr_portfolio": 0.2789848556191489,
+  "corr_benchmark": 0.36651474910166765,
+  "alpha_pos_frac": 0.452914798206278,
+  "fund_max_dd": -0.7371949445329175,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.43, djp +0.19, iwm +0.26, gld +0.27, gsg +0.21, tlt -0.12",
+  "ref_full": "iwm +0.63, djp +0.17, gld +0.15, vwo +0.14, qqq -0.12, gsg +0.11"
+ },
+ "aveax": {
+  "sym": "aveax",
+  "name": "Ave Maria Growth Focused Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.039102377368811635,
+  "alpha_t_5y": -0.8294763516889875,
+  "alpha_t_full": -1.1193535533304044,
+  "r2_5y": 0.7530880357858883,
+  "r2_full": 0.7287689185987702,
+  "corr_portfolio": 0.13312533902393495,
+  "corr_benchmark": 0.5753243498959304,
+  "alpha_pos_frac": 0.5142857142857142,
+  "fund_max_dd": -0.44088830829523196,
+  "first": "2020-05-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.33, ivv +0.32, vea +0.25, vweax +0.62, vnq +0.16, agg -0.28",
+  "ref_full": "ivv +0.02, iwm +0.28, vea +0.23, vweax +0.43, qqq +0.27, vnq +0.15"
+ },
+ "avedx": {
+  "sym": "avedx",
+  "name": "Ave Maria Rising Dividend Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02696833303935644,
+  "alpha_t_5y": -1.099708415167684,
+  "alpha_t_full": 0.29476411520412293,
+  "r2_5y": 0.8568728392373811,
+  "r2_full": 0.9148627808109528,
+  "corr_portfolio": 0.34685219473983747,
+  "corr_benchmark": 0.5464295609057599,
+  "alpha_pos_frac": 0.6042553191489362,
+  "fund_max_dd": -0.49031627293513014,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.14, qqq -0.49, iwm +0.15, vnq +0.11, gsg +0.03, vweax +0.12",
+  "ref_full": "ivv +0.94, iwm +0.21, qqq -0.26, vwo -0.03, vweax +0.07, tlt -0.02"
+ },
+ "avefx": {
+  "sym": "avefx",
+  "name": "Ave Maria Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0013672343652584515,
+  "alpha_t_5y": 0.16051984414132706,
+  "alpha_t_full": 1.5141227854546875,
+  "r2_5y": 0.76077403411546,
+  "r2_full": 0.7608659693459391,
+  "corr_portfolio": 0.2994274311223647,
+  "corr_benchmark": 0.6889314419196622,
+  "alpha_pos_frac": 0.49230769230769234,
+  "fund_max_dd": -0.10242722740084176,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.05, vmbix +0.12, iwm +0.08, gsg +0.03, ief +0.34, tlt -0.09",
+  "ref_full": "ivv +0.17, ief +0.39, qqq -0.07, iwm +0.05, tlt -0.08, vweax +0.06"
+ },
+ "avegx": {
+  "sym": "avegx",
+  "name": "Ave Maria Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.022644899017181645,
+  "alpha_t_5y": -0.8334448925604695,
+  "alpha_t_full": 0.058065538470394376,
+  "r2_5y": 0.8770091820079571,
+  "r2_full": 0.9176147787763325,
+  "corr_portfolio": 0.252497779481658,
+  "corr_benchmark": 0.6186337838469783,
+  "alpha_pos_frac": 0.5739910313901345,
+  "fund_max_dd": -0.49038482247753956,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.58, iwm +0.13, ief +0.08, vnq +0.09, qqq +0.13, vea +0.06",
+  "ref_full": "ivv +0.68, iwm +0.20, vweax +0.10, qqq +0.05, ief +0.04"
+ },
+ "avemx": {
+  "sym": "avemx",
+  "name": "Ave Maria Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0049917178864754275,
+  "alpha_t_5y": 0.12281648925596331,
+  "alpha_t_full": 0.05999958784635785,
+  "r2_5y": 0.7265230280696251,
+  "r2_full": 0.8707581242204949,
+  "corr_portfolio": 0.3595137175867439,
+  "corr_benchmark": 0.4816307755654023,
+  "alpha_pos_frac": 0.5063829787234042,
+  "fund_max_dd": -0.6012215366159717,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.48, gsg +0.21, efa +0.22, vnq +0.11, agg -0.18, vwo -0.08",
+  "ref_full": "iwm +0.41, ivv +0.54, gsg +0.10, qqq -0.21, efa +0.07, vnq +0.03"
+ },
+ "averx": {
+  "sym": "averx",
+  "name": "Ave Maria Value Focused Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.05251228485817717,
+  "alpha_t_5y": 0.8831118939441097,
+  "alpha_t_full": 0.6880134856524105,
+  "r2_5y": 0.5915809683234747,
+  "r2_full": 0.7339613369787488,
+  "corr_portfolio": 0.3276225907177993,
+  "corr_benchmark": 0.42620466438793286,
+  "alpha_pos_frac": 0.4595744680851064,
+  "fund_max_dd": -0.5877152567857522,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.51, gsg +0.34, vnq +0.13, gld +0.09, ief -0.21",
+  "ref_full": "iwm +0.36, gsg +0.11, ivv +0.54, qqq -0.19, gld +0.05, djp +0.07"
+ },
+ "avewx": {
+  "sym": "avewx",
+  "name": "Ave Maria World Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.022762438857951192,
+  "alpha_t_5y": -1.0104573344515098,
+  "alpha_t_full": -2.631997130722396,
+  "r2_5y": 0.9020755330258815,
+  "r2_full": 0.9260053584352336,
+  "corr_portfolio": 0.34308242411368894,
+  "corr_benchmark": 0.5937776665244057,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.40257358718224034,
+  "first": "2010-05-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.64, vea +0.36, iwm +0.15, qqq -0.12, vweax +0.18, vnq -0.05",
+  "ref_full": "ivv +0.69, vea +0.30, iwm +0.13, qqq -0.15, vweax +0.21, vnq -0.05"
+ },
+ "awaax": {
+  "sym": "awaax",
+  "name": "AB Wealth Appreciation Strategy",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01194674114758066,
+  "alpha_t_5y": -1.1786665522058437,
+  "alpha_t_full": -2.8443152638670823,
+  "r2_5y": 0.9774982771050179,
+  "r2_full": 0.9760675162644973,
+  "corr_portfolio": 0.32516917759619807,
+  "corr_benchmark": 0.6089355263149222,
+  "alpha_pos_frac": 0.4977578475336323,
+  "fund_max_dd": -0.6051321278227619,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.62, vea +0.25, vwo +0.08, iwm +0.06, vnq -0.04, fxy -0.04",
+  "ref_full": "ivv +0.50, efa +0.23, iwm +0.11, vwo +0.07, djp +0.03, qqq +0.05"
+ },
+ "awgix": {
+  "sym": "awgix",
+  "name": "CIBC ATLAS ALL CAP GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.044486562137005484,
+  "alpha_t_5y": -1.4821916331044895,
+  "alpha_t_full": -1.6574124107546413,
+  "r2_5y": 0.8792795977690206,
+  "r2_full": 0.8804815134325532,
+  "corr_portfolio": 0.19909059202363766,
+  "corr_benchmark": 0.6031917354415813,
+  "alpha_pos_frac": 0.5203619909502263,
+  "fund_max_dd": -0.5281774895085942,
+  "first": "2007-10-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.60, qqq +0.34, iwm +0.09, djp -0.04",
+  "ref_full": "qqq +0.53, iwm +0.18, ivv +0.28, vnq -0.03, gld +0.02, vweax +0.08"
+ },
+ "awpax": {
+  "sym": "awpax",
+  "name": "AB SUSTAINABLE INTERNATIONAL THEMATIC FUND, INC.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.08839876733417595,
+  "alpha_t_5y": -4.069287112559861,
+  "alpha_t_full": -3.1872792487170916,
+  "r2_5y": 0.9135363222574621,
+  "r2_full": 0.9192024091229067,
+  "corr_portfolio": 0.27969258458992424,
+  "corr_benchmark": 0.5805211173100417,
+  "alpha_pos_frac": 0.5246636771300448,
+  "fund_max_dd": -0.6300184034238479,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.68, qqq +0.17, vweax +0.23, gsg -0.04, vwo +0.09, fxe +0.12",
+  "ref_full": "efa +0.59, vwo +0.16, qqq +0.12, vweax +0.27, fxe +0.10, gld +0.03"
+ },
+ "awsax": {
+  "sym": "awsax",
+  "name": "INVESCO Global Core Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.023640913301530876,
+  "alpha_t_5y": -1.2869133901983842,
+  "alpha_t_full": -2.4535378297822747,
+  "r2_5y": 0.9216554988488593,
+  "r2_full": 0.9275288060409617,
+  "corr_portfolio": 0.30179109639654944,
+  "corr_benchmark": 0.5783848830452537,
+  "alpha_pos_frac": 0.49327354260089684,
+  "fund_max_dd": -0.569935927484411,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.60, efa +0.53, vwo +0.08, gsg -0.03, vea -0.28, vweax +0.14",
+  "ref_full": "efa +0.41, ivv +0.46, vweax +0.18, vnq -0.04, iwm +0.05, vwo +0.03"
+ },
+ "awshx": {
+  "sym": "awshx",
+  "name": "WASHINGTON MUTUAL INVESTORS FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00946878012088054,
+  "alpha_t_5y": 0.7027385662393647,
+  "alpha_t_full": 1.1512386311354714,
+  "r2_5y": 0.9475226012087801,
+  "r2_full": 0.9612825458433361,
+  "corr_portfolio": 0.3470041192963953,
+  "corr_benchmark": 0.5756819139374112,
+  "alpha_pos_frac": 0.5191489361702127,
+  "fund_max_dd": -0.5395102071911104,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.20, qqq -0.36, efa +0.06, gsg +0.01",
+  "ref_full": "ivv +1.05, qqq -0.21, efa +0.07, fxe -0.04, vnq +0.01"
+ },
+ "axbax": {
+  "sym": "axbax",
+  "name": "Columbia Capital Allocation Aggressive Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010578444633113816,
+  "alpha_t_5y": -1.3911587835206258,
+  "alpha_t_full": -2.2283450335943837,
+  "r2_5y": 0.9830965613800032,
+  "r2_full": 0.9693641003283751,
+  "corr_portfolio": 0.3052500649008229,
+  "corr_benchmark": 0.6450782269989903,
+  "alpha_pos_frac": 0.517948717948718,
+  "fund_max_dd": -0.5310840265655017,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.59, vea +0.13, vwo +0.09, vmbix +0.15, iwm +0.05, vnq -0.03",
+  "ref_full": "ivv +0.42, efa +0.17, iwm +0.08, vweax +0.16, qqq +0.09, djp +0.03"
+ },
+ "azbax": {
+  "sym": "azbax",
+  "name": "Virtus Small-Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0016127457458082032,
+  "alpha_t_5y": 0.07831896992184288,
+  "alpha_t_full": -0.15176082470237734,
+  "r2_5y": 0.9370151308691202,
+  "r2_full": 0.9435061473042766,
+  "corr_portfolio": 0.2897213963708376,
+  "corr_benchmark": 0.5522290690396443,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.40806740892868987,
+  "first": "2013-07-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.74, ivv +0.29, qqq -0.09, vnq -0.04",
+  "ref_full": "iwm +0.75, ivv +0.11, qqq +0.06, vmbix -0.30, agg +0.23"
+ },
+ "aznax": {
+  "sym": "aznax",
+  "name": "Virtus Income & Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02763863277774322,
+  "alpha_t_5y": -2.085998598260641,
+  "alpha_t_full": -2.2704962745698327,
+  "r2_5y": 0.9179126361640099,
+  "r2_full": 0.9385924993019759,
+  "corr_portfolio": 0.23295714683976038,
+  "corr_benchmark": 0.6317288741190431,
+  "alpha_pos_frac": 0.5087719298245614,
+  "fund_max_dd": -0.4366871025830581,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.07, qqq +0.26, vweax +0.37, iwm +0.11, vwo +0.03",
+  "ref_full": "ivv +0.26, vweax +0.40, qqq +0.17, iwm +0.09, djp +0.04, vnq -0.02"
+ },
+ "bacix": {
+  "sym": "bacix",
+  "name": "BLACKROCK ENERGY OPPORTUNITIES FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.04155391306799659,
+  "alpha_t_5y": 0.7183783428344763,
+  "alpha_t_full": 0.8616389577787806,
+  "r2_5y": 0.6696999777983889,
+  "r2_full": 0.7591179125089226,
+  "corr_portfolio": 0.3953517693774375,
+  "corr_benchmark": 0.2787691184623408,
+  "alpha_pos_frac": 0.4553191489361702,
+  "fund_max_dd": -0.7781228333578925,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "gsg +0.60, iwm +0.17, efa +0.28, qqq -0.85, ivv +1.15, ief -0.34",
+  "ref_full": "efa +0.21, gsg +0.56, iwm +0.20, qqq -0.58, ivv +0.82, vwo +0.21"
+ },
+ "bagix": {
+  "sym": "bagix",
+  "name": "Baird Aggregate Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": null,
+  "alpha_t_5y": NaN,
+  "alpha_t_full": 2.5394896609057405,
+  "r2_5y": NaN,
+  "r2_full": 0.8016331587869503,
+  "corr_portfolio": -0.10349443677124642,
+  "corr_benchmark": 0.5784224612496194,
+  "alpha_pos_frac": 0.4589041095890411,
+  "fund_max_dd": -0.08408877557685224,
+  "first": "2007-06-04",
+  "verdict": "no 5y window",
+  "alpha_name": false,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "ief +0.33, vweax +0.10, tlt +0.06, efa +0.01, agg +0.06, fxy +0.02"
+ },
+ "batex": {
+  "sym": "batex",
+  "name": "BATS: High Income Municipal Series",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004998070005635363,
+  "alpha_t_5y": 0.2596604398417302,
+  "alpha_t_full": 1.6428454604256502,
+  "r2_5y": 0.33757431145112937,
+  "r2_full": 0.3368364826847149,
+  "corr_portfolio": 0.06968535813486498,
+  "corr_benchmark": 0.2893713441144254,
+  "alpha_pos_frac": 0.5539568345323741,
+  "fund_max_dd": -0.1901113715326992,
+  "first": "2014-08-06",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.49, ivv -0.11, vblix +0.37, tlt -0.22, vnq +0.03",
+  "ref_full": "vweax +0.25, vblix +0.57, tlt -0.37, fxy +0.07, vea -0.06, vnq +0.04"
+ },
+ "batpx": {
+  "sym": "batpx",
+  "name": "BATS: Interest Rate Hedge Series",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00512515670040923,
+  "alpha_t_5y": 0.6986701126861045,
+  "alpha_t_full": 0.21802623314505407,
+  "r2_5y": 0.9476323281951985,
+  "r2_full": 0.8973248980495884,
+  "corr_portfolio": 0.20521104552674088,
+  "corr_benchmark": -0.5874279856057909,
+  "alpha_pos_frac": 0.33548387096774196,
+  "fund_max_dd": -0.2467352989596696,
+  "first": "2013-03-22",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief -0.99",
+  "ref_full": "ief -0.85, vweax +0.07, vmbix -0.16, gsg +0.01"
+ },
+ "bbcpx": {
+  "sym": "bbcpx",
+  "name": "Bridge Builder Core Plus Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0023642212419280346,
+  "alpha_t_5y": 0.4677336033896487,
+  "alpha_t_full": 0.7117235338617702,
+  "r2_5y": 0.9569712043426813,
+  "r2_full": 0.9408136318761524,
+  "corr_portfolio": -0.046217446928404425,
+  "corr_benchmark": 0.7110073266445393,
+  "alpha_pos_frac": 0.4921875,
+  "fund_max_dd": -0.1783548681699827,
+  "first": "2015-07-14",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.01, vweax +0.12, ief +0.40, vmbix +0.20, vblix +0.35, tlt -0.21",
+  "ref_full": "vblix +0.28, vmbix +0.22, vweax +0.16, ief +0.36, tlt -0.15, fxy +0.01"
+ },
+ "bbhlx": {
+  "sym": "bbhlx",
+  "name": "BBH Partner Fund - International Equity",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04704295911157727,
+  "alpha_t_5y": -1.1781905918250049,
+  "alpha_t_full": -0.9572364217886041,
+  "r2_5y": 0.7622900427394063,
+  "r2_full": 0.7691007151406848,
+  "corr_portfolio": 0.2553591554424498,
+  "corr_benchmark": 0.5350999113185636,
+  "alpha_pos_frac": 0.4618834080717489,
+  "fund_max_dd": -0.5461906768395763,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.13, qqq +0.29, efa +0.69, vweax +0.36, ivv -0.18",
+  "ref_full": "efa +0.63, vweax +0.48, qqq +0.11, vnq -0.06, iwm +0.05, fxe +0.06"
+ },
+ "bchyx": {
+  "sym": "bchyx",
+  "name": "CALIFORNIA HIGH-YIELD MUNICIPAL FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009782430002454712,
+  "alpha_t_5y": -0.6494454366666743,
+  "alpha_t_full": 0.7975815250509237,
+  "r2_5y": 0.41475363055939163,
+  "r2_full": 0.29732217376527703,
+  "corr_portfolio": 0.03932388200017143,
+  "corr_benchmark": 0.3536875591843055,
+  "alpha_pos_frac": 0.5953757225433526,
+  "fund_max_dd": -0.17631242039370532,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.38, ief +0.08, ivv -0.08, vnq +0.03, vblix +0.29, tlt -0.18",
+  "ref_full": "vweax +0.34, ief +0.09, fxy +0.04, agg +0.12, efa -0.03, vnq +0.02"
+ },
+ "bciix": {
+  "sym": "bciix",
+  "name": "The Brown Capital Management International All Company Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.12111842460246161,
+  "alpha_t_5y": -2.734181237011863,
+  "alpha_t_full": -2.0056589028546004,
+  "r2_5y": 0.6709397583236305,
+  "r2_full": 0.6492259340076822,
+  "corr_portfolio": 0.12488389324425411,
+  "corr_benchmark": 0.5681247700904081,
+  "alpha_pos_frac": 0.6666666666666666,
+  "fund_max_dd": -0.432159093950811,
+  "first": "2019-01-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea -0.06, vweax +0.82, qqq +0.36, ivv -0.27, efa +0.59, fxe +0.18",
+  "ref_full": "vea +0.53, vweax +0.59, qqq +0.38, ivv -0.38, fxe +0.23, vblix +0.11"
+ },
+ "bcitx": {
+  "sym": "bcitx",
+  "name": "CALIFORNIA INTERMEDIATE-TERM TAX-FREE BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015223551335518415,
+  "alpha_t_5y": -1.6179581860792442,
+  "alpha_t_full": 0.7385613769846128,
+  "r2_5y": 0.4056974454610358,
+  "r2_full": 0.2896864916775782,
+  "corr_portfolio": 0.039737974046262066,
+  "corr_benchmark": 0.337253851678768,
+  "alpha_pos_frac": 0.5375722543352601,
+  "fund_max_dd": -0.11182616860112693,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.23, ief +0.06, ivv -0.05, vblix +0.20, tlt -0.13, vnq +0.02",
+  "ref_full": "vweax +0.22, ief +0.05, fxy +0.03, agg +0.09, efa -0.02, vnq +0.01"
+ },
+ "bcoix": {
+  "sym": "bcoix",
+  "name": "Baird Core Plus Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0031618162234257944,
+  "alpha_t_5y": 0.7984418150624468,
+  "alpha_t_full": 1.9463655661714987,
+  "r2_5y": 0.9703692974529529,
+  "r2_full": 0.857791854323079,
+  "corr_portfolio": -0.08115410658612981,
+  "corr_benchmark": 0.722257823474074,
+  "alpha_pos_frac": 0.5491329479768786,
+  "fund_max_dd": -0.18119399757278587,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.27, vblix +0.09, ief +0.24, vweax +0.08, vmbix +0.14, vnq -0.01",
+  "ref_full": "ief +0.36, vweax +0.16, agg +0.12, tlt +0.05, ivv +0.02, fxy +0.02"
+ },
+ "bdsix": {
+  "sym": "bdsix",
+  "name": "BlackRock Advantage Small Cap Core Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0023601511001904046,
+  "alpha_t_5y": 0.2002212770206681,
+  "alpha_t_full": 0.8356380197631604,
+  "r2_5y": 0.9847302066853829,
+  "r2_full": 0.9796466466344801,
+  "corr_portfolio": 0.263315077489379,
+  "corr_benchmark": 0.5485685500991277,
+  "alpha_pos_frac": 0.4967741935483871,
+  "fund_max_dd": -0.4336059407333801,
+  "first": "2013-03-18",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.97, ivv +0.06, vnq -0.02",
+  "ref_full": "iwm +0.96, ivv +0.04, agg +0.35, ief -0.16, vmbix -0.16"
+ },
+ "bearx": {
+  "sym": "bearx",
+  "name": "Federated Hermes Prudent Bear Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013028277486017497,
+  "alpha_t_5y": -1.0495122416841922,
+  "alpha_t_full": -2.562697280062783,
+  "r2_5y": 0.9705079866194654,
+  "r2_full": 0.922873944107486,
+  "corr_portfolio": -0.24280372831359748,
+  "corr_benchmark": -0.6007443415225678,
+  "alpha_pos_frac": 0.36893203883495146,
+  "fund_max_dd": -0.942660190731094,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv -0.96, iwm -0.05",
+  "ref_full": "ivv -0.63, iwm -0.14, qqq -0.09, gld +0.04, vnq +0.03, gsg +0.02"
+ },
+ "bfiax": {
+  "sym": "bfiax",
+  "name": "AMERICAN FUNDS INFLATION LINKED BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00852892988202695,
+  "alpha_t_5y": -0.5825465027180214,
+  "alpha_t_full": 0.014638423271882578,
+  "r2_5y": 0.6638999400896657,
+  "r2_full": 0.6509619228855272,
+  "corr_portfolio": -0.08284191240370377,
+  "corr_benchmark": 0.5337207726065842,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.16084630654805476,
+  "first": "2012-12-17",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.63, gsg +0.05, vweax +0.07",
+  "ref_full": "ief +0.67, gsg +0.03, vweax +0.08, djp +0.02"
+ },
+ "bflax": {
+  "sym": "bflax",
+  "name": "Lord Abbett Multi-Asset Balanced Opportunity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02913524619019993,
+  "alpha_t_5y": -2.4522893199727935,
+  "alpha_t_full": -2.230214575075896,
+  "r2_5y": 0.9241136712627425,
+  "r2_full": 0.9361166607606807,
+  "corr_portfolio": 0.3206688120952309,
+  "corr_benchmark": 0.6237577355062855,
+  "alpha_pos_frac": 0.441025641025641,
+  "fund_max_dd": -0.4235010445079658,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": true,
+  "ref_5y": "ivv +0.30, vea +0.14, iwm +0.11, vmbix +0.13, vweax +0.14, fxy -0.03",
+  "ref_full": "ivv +0.33, efa +0.13, vweax +0.25, iwm +0.09, djp +0.03, agg +0.05"
+ },
+ "bgatx": {
+  "sym": "bgatx",
+  "name": "Baillie Gifford Global Alpha Equities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07726831062905067,
+  "alpha_t_5y": -2.4642605636741246,
+  "alpha_t_full": -0.3278069549980612,
+  "r2_5y": 0.8670086064896145,
+  "r2_full": 0.6604462464317136,
+  "corr_portfolio": 0.16192565986093974,
+  "corr_benchmark": 0.517508839521358,
+  "alpha_pos_frac": 0.5538461538461539,
+  "fund_max_dd": -0.406817839522162,
+  "first": "2015-04-28",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.14, vwo +0.27, qqq +0.34, iwm +0.16, vweax +0.25, efa +0.11",
+  "ref_full": "ivv +0.05, vwo +0.24, qqq +0.36, iwm +0.18, efa +0.67, vea -0.48"
+ },
+ "bgcbx": {
+  "sym": "bgcbx",
+  "name": "Baillie Gifford China Equities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.08488278368729381,
+  "alpha_t_5y": -1.1802641620341534,
+  "alpha_t_full": -1.1802641620341534,
+  "r2_5y": 0.6330462612180889,
+  "r2_full": 0.6330462612180889,
+  "corr_portfolio": -0.031437816100062695,
+  "corr_benchmark": 0.24673545486516305,
+  "alpha_pos_frac": 0.5178571428571429,
+  "fund_max_dd": -0.5907098387685414,
+  "first": "2021-07-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +1.62, vea -1.49, gsg +0.13, efa +1.05, ivv -0.18",
+  "ref_full": "vwo +1.62, vea -1.49, gsg +0.13, efa +1.05, ivv -0.18"
+ },
+ "bgehx": {
+  "sym": "bgehx",
+  "name": "Baillie Gifford Emerging Markets Equities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03284760956014324,
+  "alpha_t_5y": -1.0006906443295613,
+  "alpha_t_full": 0.5044399647863081,
+  "r2_5y": 0.8784915107874572,
+  "r2_full": 0.8102418450104738,
+  "corr_portfolio": 0.252456398797194,
+  "corr_benchmark": 0.46219772818703053,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.505301249681641,
+  "first": "2015-04-28",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.96, qqq +0.10, vnq -0.11, vea +1.50, efa -1.28, fxe -0.19",
+  "ref_full": "vwo +0.85, qqq +0.10, vweax +0.30, vnq -0.12, iwm +0.10"
+ },
+ "bgeix": {
+  "sym": "bgeix",
+  "name": "GLOBAL GOLD FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.021803398901011236,
+  "alpha_t_5y": -0.28932931728388633,
+  "alpha_t_full": -1.056094298943958,
+  "r2_5y": 0.7293203332512255,
+  "r2_full": 0.6787437425142898,
+  "corr_portfolio": 0.04873713833195247,
+  "corr_benchmark": 0.33527611680802527,
+  "alpha_pos_frac": 0.42152466367713004,
+  "fund_max_dd": -0.7869446563714617,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "gld +1.27, vea +1.52, efa -0.96, vnq +0.10",
+  "ref_full": "gld +1.49, vwo +0.26, efa +0.15, iwm +0.08, fxy +0.13, gsg +0.05"
+ },
+ "bgetx": {
+  "sym": "bgetx",
+  "name": "Baillie Gifford International Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.1090303071213268,
+  "alpha_t_5y": -2.4533889390957357,
+  "alpha_t_full": -1.054856586394386,
+  "r2_5y": 0.8276943285737859,
+  "r2_full": 0.797947484744698,
+  "corr_portfolio": 0.12008002762196797,
+  "corr_benchmark": 0.5500515294351239,
+  "alpha_pos_frac": 0.5153846153846153,
+  "fund_max_dd": -0.5443521829605831,
+  "first": "2015-04-28",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.58, qqq +0.65, efa +1.32, ivv -0.44, vea -0.91, vweax +0.47",
+  "ref_full": "vea -0.35, qqq +0.67, vwo +0.36, ivv -0.58, efa +0.91, vweax +0.35"
+ },
+ "bggsx": {
+  "sym": "bggsx",
+  "name": "Baillie Gifford U.S. Equity Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.11662576007311101,
+  "alpha_t_5y": -1.5817638452870832,
+  "alpha_t_full": -0.6256927385041355,
+  "r2_5y": 0.7437174819456387,
+  "r2_full": 0.7506251525044655,
+  "corr_portfolio": -0.0662094455318813,
+  "corr_benchmark": 0.584019405357681,
+  "alpha_pos_frac": 0.5377358490566038,
+  "fund_max_dd": -0.663840312960132,
+  "first": "2017-05-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.60, iwm +0.66, ivv -1.07, vweax +0.76, vea -1.67, efa +1.39",
+  "ref_full": "qqq +1.51, iwm +0.58, ivv -0.94, vblix +0.22, vea -1.05, efa +0.87"
+ },
+ "bgitx": {
+  "sym": "bgitx",
+  "name": "Baillie Gifford International Alpha Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06386423330589644,
+  "alpha_t_5y": -2.2543616543987723,
+  "alpha_t_full": -1.0533813995675998,
+  "r2_5y": 0.8741068069388607,
+  "r2_full": 0.8491272242577481,
+  "corr_portfolio": 0.2308245524504255,
+  "corr_benchmark": 0.5545915658966524,
+  "alpha_pos_frac": 0.5923076923076923,
+  "fund_max_dd": -0.44450523748058546,
+  "first": "2015-04-28",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.06, vwo +0.31, qqq +0.31, vweax +0.38, ivv -0.27, efa +0.55",
+  "ref_full": "vea +0.60, vwo +0.23, qqq +0.25, vweax +0.31, ivv -0.18, fxe +0.12"
+ },
+ "bglax": {
+  "sym": "bglax",
+  "name": "Brookfield Global Listed Infrastructure Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004230486209961225,
+  "alpha_t_5y": 0.14116294797954682,
+  "alpha_t_full": -0.4444497896282518,
+  "r2_5y": 0.7182850188862291,
+  "r2_full": 0.7583890059005721,
+  "corr_portfolio": 0.3164957100599383,
+  "corr_benchmark": 0.5322463134275714,
+  "alpha_pos_frac": 0.5176470588235295,
+  "fund_max_dd": -0.3659638919688799,
+  "first": "2011-12-30",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.33, vea +0.28, qqq -0.33, ivv +0.43, djp +0.06, ief +0.16",
+  "ref_full": "vea +0.31, vnq +0.27, gsg +0.07, vweax +0.24, ivv +0.40, qqq -0.24"
+ },
+ "bgnmx": {
+  "sym": "bgnmx",
+  "name": "GINNIE MAE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004601462222987161,
+  "alpha_t_5y": -0.6544080853454125,
+  "alpha_t_full": -1.2059738311379005,
+  "r2_5y": 0.9268923508423651,
+  "r2_full": 0.6749403999330104,
+  "corr_portfolio": -0.08003202145349621,
+  "corr_benchmark": 0.6390080952880187,
+  "alpha_pos_frac": 0.46153846153846156,
+  "fund_max_dd": -0.17825752619092106,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.82, vweax +0.15, ief +0.09, qqq -0.01, djp -0.01",
+  "ref_full": "ief +0.50, vweax +0.13, efa +0.01, agg +0.14, tlt -0.05, vnq +0.01"
+ },
+ "bgsix": {
+  "sym": "bgsix",
+  "name": "BlackRock Technology Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04086417481504056,
+  "alpha_t_5y": -1.2848457000530746,
+  "alpha_t_full": 0.14232235893490164,
+  "r2_5y": 0.9328741367651043,
+  "r2_full": 0.9017963883828763,
+  "corr_portfolio": 0.09273757751124205,
+  "corr_benchmark": 0.5799980000148506,
+  "alpha_pos_frac": 0.4798206278026906,
+  "fund_max_dd": -0.7348066584652827,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.47, ivv -0.67, vea +1.27, efa -1.03, iwm +0.15, vnq -0.12",
+  "ref_full": "qqq +1.06, vnq -0.09, iwm +0.19, ivv -0.22, vwo +0.08, tlt +0.05"
+ },
+ "bhiax": {
+  "sym": "bhiax",
+  "name": "HAWAII MUNICIPAL BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02366702199176715,
+  "alpha_t_5y": -2.4248003565814917,
+  "alpha_t_full": -0.2630096466515743,
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+  "r2_full": 0.2591466572061162,
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+  "corr_benchmark": 0.3167235387660607,
+  "alpha_pos_frac": 0.5491329479768786,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.16, vweax +0.21, ivv -0.04, vmbix +0.07, tlt -0.09",
+  "ref_full": "agg +0.11, vweax +0.20, efa -0.02, fxy +0.03, ief +0.05, vnq +0.01"
+ },
+ "biiex": {
+  "sym": "biiex",
+  "name": "BRANDES INTERNATIONAL EQUITY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.08039848621804392,
+  "alpha_t_5y": 2.8427081699826213,
+  "alpha_t_full": 0.7482054369137963,
+  "r2_5y": 0.806902887267151,
+  "r2_full": 0.8725104765447678,
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+  "alpha_pos_frac": 0.4834710743801653,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.66, qqq -0.34, ivv +0.41, vwo +0.16, fxe +0.20, gld -0.05",
+  "ref_full": "efa +0.81, vweax +0.25, qqq -0.13, ivv +0.10, vwo +0.05, gld -0.03"
+ },
+ "bils": {
+  "sym": "bils",
+  "name": "State Street(R) SPDR(R) Bloomberg 3-12 Month T-Bill ETF",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_t_5y": -0.3757152072555004,
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+  "alpha_pos_frac": 0.6615384615384615,
+  "fund_max_dd": -0.004097932524383285,
+  "first": "2020-10-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.02, tlt -0.01, agg +0.03, vea -0.00",
+  "ref_full": "ief +0.02, tlt -0.01, agg +0.02, vea -0.00"
+ },
+ "bimix": {
+  "sym": "bimix",
+  "name": "Baird Intermediate Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0007394012038926696,
+  "alpha_t_5y": 0.20220461436891773,
+  "alpha_t_full": 1.2515315337117994,
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+  "r2_full": 0.5853679079067027,
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+  "alpha_pos_frac": 0.5041322314049587,
+  "fund_max_dd": -0.1275097673141814,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.46, tlt -0.10, agg +0.26, vweax +0.05, ivv -0.01, fxe +0.01",
+  "ref_full": "ief +0.48, vweax +0.11, tlt -0.06, fxy +0.02, agg +0.06"
+ },
+ "bizd": {
+  "sym": "bizd",
+  "name": "VanEck BDC Income ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.011909880579296112,
+  "alpha_t_5y": 0.22373358385911643,
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+  "alpha_pos_frac": 0.5448717948717948,
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+  "first": "2013-02-13",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.21, ivv +0.93, qqq -0.44, vweax +0.39",
+  "ref_full": "iwm +0.33, vweax +0.74, vnq +0.19, vmbix -1.05, agg +2.04, ief -0.99"
+ },
+ "blpax": {
+  "sym": "blpax",
+  "name": "American Funds Moderate Growth and Income Portfolio",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.0015083890592016223,
+  "alpha_t_5y": -0.1995124400407349,
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+  "r2_5y": 0.9699491507999088,
+  "r2_full": 0.9715723655931013,
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+  "corr_benchmark": 0.6941341899459263,
+  "alpha_pos_frac": 0.5272727272727272,
+  "fund_max_dd": -0.23212053010197242,
+  "first": "2012-05-21",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.49, vea +0.16, ief +0.20, qqq -0.08, iwm +0.03, vwo +0.04",
+  "ref_full": "ivv +0.37, vea +0.20, ief +0.19, vweax +0.10, gsg +0.01, iwm +0.02"
+ },
+ "bmbix": {
+  "sym": "bmbix",
+  "name": "Baird Quality Intermediate Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015347576924873515,
+  "alpha_t_5y": -1.8927774440567846,
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+  "alpha_pos_frac": 0.4785992217898833,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.13, vweax +0.18, ivv -0.04, vnq +0.01",
+  "ref_full": "agg +0.08, vweax +0.11, ief +0.06, fxy +0.03, vnq +0.01, efa -0.01"
+ },
+ "bmcix": {
+  "sym": "bmcix",
+  "name": "BLACKROCK HIGH EQUITY INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00976799215062353,
+  "alpha_t_5y": 0.5207231591081314,
+  "alpha_t_full": 1.4237290447508661,
+  "r2_5y": 0.8875514762685156,
+  "r2_full": 0.9124453337177735,
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+  "corr_benchmark": 0.511897232580181,
+  "alpha_pos_frac": 0.47085201793721976,
+  "fund_max_dd": -0.72643421862846,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.03, qqq -0.56, vea +0.20, iwm +0.12, vweax +0.40, ief -0.11",
+  "ref_full": "ivv +0.54, iwm +0.28, qqq -0.18, efa +0.17, vnq +0.08, tlt -0.07"
+ },
+ "bmnix": {
+  "sym": "bmnix",
+  "name": "Baird Core Intermediate Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008043774838468373,
+  "alpha_t_5y": -0.9197210096578414,
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+  "corr_benchmark": 0.35436116280381325,
+  "alpha_pos_frac": 0.5396825396825397,
+  "fund_max_dd": -0.0994863956040738,
+  "first": "2015-09-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.15, vweax +0.20, ivv -0.04, vnq +0.02",
+  "ref_full": "agg +0.14, vweax +0.18, fxy +0.03, gsg -0.01, vnq +0.03, iwm -0.02"
+ },
+ "bmqix": {
+  "sym": "bmqix",
+  "name": "Baird Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002101539007830779,
+  "alpha_t_5y": -0.18017165369008944,
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+  "corr_benchmark": 0.361442779091899,
+  "alpha_pos_frac": 0.52,
+  "fund_max_dd": -0.1271771139040846,
+  "first": "2019-11-18",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.20, vweax +0.28, ivv -0.05, vnq +0.02",
+  "ref_full": "vweax +0.31, agg +0.27, iwm -0.04, vnq +0.03, fxy +0.05, ief -0.11"
+ },
+ "bmsfx": {
+  "sym": "bmsfx",
+  "name": "MFS Blended Research Mid Cap Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.016524759313840325,
+  "alpha_t_5y": 0.8007559167472367,
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+  "r2_5y": 0.9277298099806929,
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+  "alpha_pos_frac": 0.5175438596491229,
+  "fund_max_dd": -0.4101345826192715,
+  "first": "2016-08-24",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.40, ivv +0.77, qqq -0.27, vnq +0.06, vea +0.08, gld -0.04",
+  "ref_full": "iwm +0.37, ivv +0.66, qqq -0.17, vnq +0.09, vea +0.08, fxy -0.05"
+ },
+ "bndw": {
+  "sym": "bndw",
+  "name": "Vanguard Total World Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007078527808447968,
+  "alpha_t_5y": -1.2083761241371163,
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+  "r2_5y": 0.9245593586016203,
+  "r2_full": 0.8930203760315932,
+  "corr_portfolio": -0.1030686112694082,
+  "corr_benchmark": 0.7643849147456302,
+  "alpha_pos_frac": 0.5333333333333333,
+  "fund_max_dd": -0.17211503533105232,
+  "first": "2018-09-07",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.43, ief +0.30, vweax +0.06, fxe -0.05, vea +0.02, gsg -0.01",
+  "ref_full": "agg +0.45, vblix +0.20, tlt -0.15, ief +0.26, ivv +0.02, fxe -0.04"
+ },
+ "bnglx": {
+  "sym": "bnglx",
+  "name": "UBS GLOBAL ALLOCATION FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.021526559371611017,
+  "alpha_t_5y": -1.595003262836974,
+  "alpha_t_full": -2.0033374057799382,
+  "r2_5y": 0.9087506647708765,
+  "r2_full": 0.9092186114736812,
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+  "corr_benchmark": 0.6558931754696289,
+  "alpha_pos_frac": 0.45664739884393063,
+  "fund_max_dd": -0.5323052815138649,
+  "first": "2009-11-24",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.21, ivv +0.24, vwo +0.10, vblix +0.06, iwm +0.05, vweax +0.15",
+  "ref_full": "efa +0.22, ivv +0.28, vmbix +0.04, vwo +0.09, vweax +0.17, tlt +0.06"
+ },
+ "bniex": {
+  "sym": "bniex",
+  "name": "UBS International Sustainable Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008008064940308094,
+  "alpha_t_5y": -0.3177008509612434,
+  "alpha_t_full": -0.5725243097596838,
+  "r2_5y": 0.8420320187117667,
+  "r2_full": 0.8875434612997355,
+  "corr_portfolio": 0.3821962016536943,
+  "corr_benchmark": 0.5171807136831313,
+  "alpha_pos_frac": 0.46808510638297873,
+  "fund_max_dd": -0.6118458860229548,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.58, vwo +0.15, vweax +0.16, gsg +0.03, ivv +0.08, fxe +0.12",
+  "ref_full": "efa +0.65, vwo +0.10, vweax +0.28, djp +0.04, fxe +0.09, ivv +0.06"
+ },
+ "bogsx": {
+  "sym": "bogsx",
+  "name": "BLACK OAK EMERGING TECHNOLOGY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008908777382549967,
+  "alpha_t_5y": -0.24840205488869915,
+  "alpha_t_full": -0.8512317658822737,
+  "r2_5y": 0.8913127074856851,
+  "r2_full": 0.8825505316195422,
+  "corr_portfolio": 0.16068901313405165,
+  "corr_benchmark": 0.5640265184913473,
+  "alpha_pos_frac": 0.5298804780876494,
+  "fund_max_dd": -0.928024507948035,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.04, iwm +0.52, ivv -0.57, vnq -0.09, vwo +0.09",
+  "ref_full": "qqq +0.84, iwm +0.45, ivv -0.31, vwo +0.09, vnq -0.06, djp +0.03"
+ },
+ "bosox": {
+  "sym": "bosox",
+  "name": "Boston Trust Walden Small Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0015181959210946974,
+  "alpha_t_5y": -0.06121543017888872,
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+  "r2_5y": 0.8903680144259032,
+  "r2_full": 0.926442221159432,
+  "corr_portfolio": 0.312103700162483,
+  "corr_benchmark": 0.5137701421041376,
+  "alpha_pos_frac": 0.5172413793103449,
+  "fund_max_dd": -0.5377685903562113,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.58, vnq +0.07, vwo -0.05, ivv +0.70, qqq -0.41, djp -0.03",
+  "ref_full": "iwm +0.69, ivv +0.32, qqq -0.16, vnq +0.04, gld -0.02, tlt -0.03"
+ },
+ "bracx": {
+  "sym": "bracx",
+  "name": "BATS: Corporate Credit Total Return Series",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0021088116875691816,
+  "alpha_t_5y": 0.3700494202397834,
+  "alpha_t_full": -1.6257526225037917,
+  "r2_5y": 0.9564742759005579,
+  "r2_full": 0.8310866981068724,
+  "corr_portfolio": -0.012112931604058548,
+  "corr_benchmark": 0.7216456968072184,
+  "alpha_pos_frac": 0.5780346820809249,
+  "fund_max_dd": -0.21621591470000556,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.64, tlt -0.29, ief +0.30, vweax +0.17, vnq -0.01",
+  "ref_full": "ief +0.34, vweax +0.39, tlt +0.12, agg +0.16, fxy +0.02"
+ },
+ "bramx": {
+  "sym": "bramx",
+  "name": "BATS: Mortgage Total Return Series",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.003526978217422392,
+  "alpha_t_5y": 0.5241847890660775,
+  "alpha_t_full": -1.434191882078196,
+  "r2_5y": 0.9314541879989615,
+  "r2_full": 0.47849860377586884,
+  "corr_portfolio": -0.07427194300288935,
+  "corr_benchmark": 0.6509638892199003,
+  "alpha_pos_frac": 0.8034682080924855,
+  "fund_max_dd": -0.23933748147388134,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.63, agg +0.37, vweax +0.11, ivv -0.03, tlt -0.13, vblix +0.13",
+  "ref_full": "ief +0.58, vweax +0.20, vnq +0.03, agg +0.14, tlt -0.04"
+ },
+ "brasx": {
+  "sym": "brasx",
+  "name": "BATS: Short Duration Taxable Total Return Series",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0017087556136823182,
+  "alpha_t_5y": -0.3068798189708166,
+  "alpha_t_full": -0.14353084082026485,
+  "r2_5y": 0.6458168263410958,
+  "r2_full": 0.442412605450596,
+  "corr_portfolio": 0.0727174556951187,
+  "corr_benchmark": 0.35538754272243217,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.10612261737662043,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.06, vweax +0.10, iwm -0.02, tlt -0.25, ief +0.27, vblix +0.21",
+  "ref_full": "ief +0.28, vweax +0.17, tlt -0.08, fxy +0.03, djp -0.01, vnq +0.00"
+ },
+ "brcax": {
+  "sym": "brcax",
+  "name": "Invesco Balanced-Risk Commodity Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012347329015821579,
+  "alpha_t_5y": -0.4205048823796342,
+  "alpha_t_full": -0.3622952934047038,
+  "r2_5y": 0.8069705264329368,
+  "r2_full": 0.7558934079136015,
+  "corr_portfolio": 0.2570221795261163,
+  "corr_benchmark": 0.12970198276818715,
+  "alpha_pos_frac": 0.4426229508196721,
+  "fund_max_dd": -0.6098478086401757,
+  "first": "2010-12-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "djp +0.34, gsg +0.30, gld +0.16, agg -0.17, vweax +0.23, vnq -0.04",
+  "ref_full": "djp +0.42, gld +0.21, gsg +0.19, vweax +0.23, agg -0.20"
+ },
+ "brkax": {
+  "sym": "brkax",
+  "name": "MFS Blended Research Emerging Markets Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02987905755729834,
+  "alpha_t_5y": 0.8233238366105655,
+  "alpha_t_full": 0.9239229527885073,
+  "r2_5y": 0.7348470797865383,
+  "r2_full": 0.8005493778406862,
+  "corr_portfolio": 0.30827940684020216,
+  "corr_benchmark": 0.43032548249333535,
+  "alpha_pos_frac": 0.416,
+  "fund_max_dd": -0.39572451666654274,
+  "first": "2015-09-16",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.78, fxy -0.08, vweax +0.31, agg -0.16",
+  "ref_full": "vwo +0.75, vweax +0.36, agg -0.14, fxy -0.06"
+ },
+ "brsdx": {
+  "sym": "brsdx",
+  "name": "MFS Blended Research Small Cap Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013421690016455426,
+  "alpha_t_5y": -0.6984994050241429,
+  "alpha_t_full": -0.7864359871407259,
+  "r2_5y": 0.9584446005788722,
+  "r2_full": 0.9598012199174946,
+  "corr_portfolio": 0.28325466994555876,
+  "corr_benchmark": 0.5595327194168453,
+  "alpha_pos_frac": 0.464,
+  "fund_max_dd": -0.4524635018178047,
+  "first": "2015-09-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.86, ivv +0.27, qqq -0.13, fxy -0.05, vea +0.06, gld -0.03",
+  "ref_full": "iwm +0.89, ivv +0.22, qqq -0.11, gld -0.02, vea +0.05, fxe -0.05"
+ },
+ "brudx": {
+  "sym": "brudx",
+  "name": "MFS Blended Research Value Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.023171492770709443,
+  "alpha_t_5y": 1.4898508504834267,
+  "alpha_t_full": 0.7689417409117049,
+  "r2_5y": 0.937680566697615,
+  "r2_full": 0.9517815180637625,
+  "corr_portfolio": 0.3869012727262534,
+  "corr_benchmark": 0.5492786962171395,
+  "alpha_pos_frac": 0.472,
+  "fund_max_dd": -0.38744584326744747,
+  "first": "2015-09-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.32, qqq -0.61, iwm +0.15, vea +0.27, agg -0.07, efa -0.17",
+  "ref_full": "ivv +1.26, qqq -0.53, iwm +0.15, vea +0.09, ief -0.08, gsg +0.02"
+ },
+ "brwax": {
+  "sym": "brwax",
+  "name": "MFS Blended Research Growth Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.017272916520613427,
+  "alpha_t_5y": -1.092158966067983,
+  "alpha_t_full": -2.100701518921936,
+  "r2_5y": 0.9685029406579353,
+  "r2_full": 0.9665502041370183,
+  "corr_portfolio": 0.1514470927055474,
+  "corr_benchmark": 0.6398616993424874,
+  "alpha_pos_frac": 0.496,
+  "fund_max_dd": -0.3225611864103761,
+  "first": "2015-09-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.59, ivv +0.54, vea -0.27, vnq -0.04, efa +0.21",
+  "ref_full": "qqq +0.57, ivv +0.51, vea -0.08, tlt +0.06, vmbix -0.15, fxe +0.05"
+ },
+ "brxax": {
+  "sym": "brxax",
+  "name": "MFS Blended Research International Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03632699285291522,
+  "alpha_t_5y": 2.03679254003495,
+  "alpha_t_full": 1.0117403115473724,
+  "r2_5y": 0.9192328589937496,
+  "r2_full": 0.9340364675801112,
+  "corr_portfolio": 0.3908893793034419,
+  "corr_benchmark": 0.5373069500026164,
+  "alpha_pos_frac": 0.48,
+  "fund_max_dd": -0.36586131080541406,
+  "first": "2015-09-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.64, vwo +0.22, vweax +0.18, tlt -0.04",
+  "ref_full": "vea +0.69, vwo +0.17, vweax +0.25, vnq -0.03, vmbix -0.10, fxe +0.05"
+ },
+ "bsbix": {
+  "sym": "bsbix",
+  "name": "Baird Short-Term Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": null,
+  "alpha_t_5y": NaN,
+  "alpha_t_full": 2.645514784588638,
+  "r2_5y": NaN,
+  "r2_full": 0.44373291020396854,
+  "corr_portfolio": -0.0969138704071855,
+  "corr_benchmark": 0.311842233651157,
+  "alpha_pos_frac": 0.4315068493150685,
+  "fund_max_dd": -0.04591485709791521,
+  "first": "2007-06-04",
+  "verdict": "no 5y window",
+  "alpha_name": false,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "ief +0.20, vweax +0.06, tlt -0.05, agg +0.07, fxy +0.01"
+ },
+ "bsnix": {
+  "sym": "bsnix",
+  "name": "Baird Strategic Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0012590963204067648,
+  "alpha_t_5y": -0.15042984627113787,
+  "alpha_t_full": 0.9536799484807879,
+  "r2_5y": 0.3758241206195422,
+  "r2_full": 0.34919375328238844,
+  "corr_portfolio": 0.06293023209942626,
+  "corr_benchmark": 0.374716062994073,
+  "alpha_pos_frac": 0.5066666666666667,
+  "fund_max_dd": -0.09580545760994341,
+  "first": "2019-11-18",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.16, vweax +0.20, ivv -0.04, vnq +0.01",
+  "ref_full": "vweax +0.25, agg +0.23, qqq -0.02, fxy +0.04, ief -0.10, gsg -0.01"
+ },
+ "btbfx": {
+  "sym": "btbfx",
+  "name": "Boston Trust Asset Management Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.029164082547521175,
+  "alpha_t_5y": -2.141334197844914,
+  "alpha_t_full": -0.38959089916753936,
+  "r2_5y": 0.9243292232675697,
+  "r2_full": 0.9271487297567477,
+  "corr_portfolio": 0.29031676763168085,
+  "corr_benchmark": 0.6307344453040894,
+  "alpha_pos_frac": 0.48878923766816146,
+  "fund_max_dd": -0.2787549013625352,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.01, qqq -0.23, ief +0.14, iwm -0.05, vnq +0.05, vea -0.04",
+  "ref_full": "ivv +0.74, ief +0.10, vnq -0.03, vwo -0.03, qqq -0.04, vweax +0.07"
+ },
+ "btefx": {
+  "sym": "btefx",
+  "name": "Boston Trust Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.026419464525084542,
+  "alpha_t_5y": -1.707550923351569,
+  "alpha_t_full": 0.1848685970208576,
+  "r2_5y": 0.9398735257938129,
+  "r2_full": 0.9556465191850456,
+  "corr_portfolio": 0.3102134274820844,
+  "corr_benchmark": 0.5828695219380253,
+  "alpha_pos_frac": 0.515695067264574,
+  "fund_max_dd": -0.4767006118236323,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.29, qqq -0.31, iwm -0.03, vnq +0.05, vea -0.50, efa +0.46",
+  "ref_full": "ivv +1.01, qqq -0.10, tlt -0.02, efa +0.03, vwo -0.02"
+ },
+ "btiix": {
+  "sym": "btiix",
+  "name": "DWS Equity 500 Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0010893957938927139,
+  "alpha_t_5y": -0.30541105489710174,
+  "alpha_t_full": -0.4221065777606064,
+  "r2_5y": 0.9974357771014417,
+  "r2_full": 0.9924280878857307,
+  "corr_portfolio": 0.28282764728644855,
+  "corr_benchmark": 0.6165483206734501,
+  "alpha_pos_frac": 0.5145631067961165,
+  "fund_max_dd": -0.5523776389791125,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.97, qqq +0.02, iwm +0.01",
+  "ref_full": "ivv +0.96, vnq +0.01, vwo +0.01, qqq +0.02, gsg +0.01, fxy -0.01"
+ },
+ "btmfx": {
+  "sym": "btmfx",
+  "name": "Boston Trust Midcap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013467753788946843,
+  "alpha_t_5y": -0.5868003684219174,
+  "alpha_t_full": 1.0234774607180568,
+  "r2_5y": 0.8767862467009799,
+  "r2_full": 0.9193880293871453,
+  "corr_portfolio": 0.3319391498863168,
+  "corr_benchmark": 0.5622587762080522,
+  "alpha_pos_frac": 0.5113122171945701,
+  "fund_max_dd": -0.5057141589168932,
+  "first": "2007-10-08",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.01, qqq -0.44, iwm +0.19, vnq +0.16, gld -0.03, agg +0.09",
+  "ref_full": "ivv +0.72, iwm +0.25, qqq -0.17, vnq +0.03, vea +0.06, gld -0.02"
+ },
+ "btmix": {
+  "sym": "btmix",
+  "name": "Baird Short-Term Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00943107872944248,
+  "alpha_t_5y": -1.625799675136489,
+  "alpha_t_full": -0.11487050054361422,
+  "r2_5y": 0.2564138776621754,
+  "r2_full": 0.2508811441034723,
+  "corr_portfolio": 0.04877994949248887,
+  "corr_benchmark": 0.3119727384381615,
+  "alpha_pos_frac": 0.5555555555555556,
+  "fund_max_dd": -0.06340058474888499,
+  "first": "2015-09-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.07, vweax +0.12, ivv -0.02, vnq +0.01",
+  "ref_full": "vweax +0.10, agg +0.16, fxy +0.03, ief -0.08, efa -0.02, vnq +0.01"
+ },
+ "btsmx": {
+  "sym": "btsmx",
+  "name": "Boston Trust SMID Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0037888350486720967,
+  "alpha_t_5y": -0.1579972027783038,
+  "alpha_t_full": 0.8452928604382082,
+  "r2_5y": 0.8819144605916289,
+  "r2_full": 0.7847975439400815,
+  "corr_portfolio": 0.3068438211099643,
+  "corr_benchmark": 0.5048408703047145,
+  "alpha_pos_frac": 0.4152046783625731,
+  "fund_max_dd": -0.38038144969605914,
+  "first": "2011-12-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.34, vnq +0.14, ivv +0.91, qqq -0.44, gld -0.04, vblix +0.04",
+  "ref_full": "iwm +0.43, ivv +0.74, qqq -0.30, vnq +0.07, gld -0.04"
+ },
+ "bubsx": {
+  "sym": "bubsx",
+  "name": "Baird Ultra Short Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.001559375258641401,
+  "alpha_t_5y": 0.5599515036310804,
+  "alpha_t_full": 1.953478407638318,
+  "r2_5y": 0.13107606884345757,
+  "r2_full": 0.12390653592532741,
+  "corr_portfolio": 0.039249728754247065,
+  "corr_benchmark": 0.16019893834935847,
+  "alpha_pos_frac": 0.410958904109589,
+  "fund_max_dd": -0.018848081804421213,
+  "first": "2014-01-06",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.08, tlt -0.02",
+  "ref_full": "agg +0.01, vweax +0.02, fxy +0.01, tlt -0.03, ief +0.05, vblix +0.02"
+ },
+ "bufgx": {
+  "sym": "bufgx",
+  "name": "Buffalo Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04793390314930279,
+  "alpha_t_5y": -2.2348761629640395,
+  "alpha_t_full": -1.9228407196213306,
+  "r2_5y": 0.9419816176693305,
+  "r2_full": 0.9427338285191831,
+  "corr_portfolio": 0.1629044849287588,
+  "corr_benchmark": 0.6277052617606169,
+  "alpha_pos_frac": 0.517948717948718,
+  "fund_max_dd": -0.5065123626359362,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.54, ivv +0.61, vea -0.53, efa +0.40, vmbix +0.09, fxe +0.07",
+  "ref_full": "ivv +0.55, qqq +0.42, iwm +0.04, fxe +0.05, vwo -0.02, vweax +0.05"
+ },
+ "bufmx": {
+  "sym": "bufmx",
+  "name": "Buffalo Mid Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.09596725389684035,
+  "alpha_t_5y": -2.9409108611067154,
+  "alpha_t_full": -2.377884519243251,
+  "r2_5y": 0.8534457068537182,
+  "r2_full": 0.877329278347585,
+  "corr_portfolio": 0.1832470852859033,
+  "corr_benchmark": 0.6074947100590657,
+  "alpha_pos_frac": 0.521551724137931,
+  "fund_max_dd": -0.5764281171806743,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.16, iwm +0.34, qqq +0.31, vnq +0.15, vweax +0.21, djp -0.04",
+  "ref_full": "ivv +0.23, iwm +0.37, qqq +0.30, vweax +0.15, gsg -0.03, vnq +0.03"
+ },
+ "buftx": {
+  "sym": "buftx",
+  "name": "Buffalo Mid Cap Discovery Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.11047715121239539,
+  "alpha_t_5y": -3.453816128690837,
+  "alpha_t_full": -1.8192101084583863,
+  "r2_5y": 0.8720542074897013,
+  "r2_full": 0.8966436673611307,
+  "corr_portfolio": 0.16452743835989508,
+  "corr_benchmark": 0.6117807994199662,
+  "alpha_pos_frac": 0.556420233463035,
+  "fund_max_dd": -0.6044963225041238,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.01, iwm +0.42, qqq +0.44, vnq +0.12",
+  "ref_full": "ivv +0.12, iwm +0.36, qqq +0.42, vweax +0.10, fxe +0.05, agg +0.06"
+ },
+ "bxfcx": {
+  "sym": "bxfcx",
+  "name": "MML Barings Global Floating Rate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.002148588960241616,
+  "alpha_t_5y": 0.25484022858210803,
+  "alpha_t_full": 0.364469997101404,
+  "r2_5y": 0.43060559511216534,
+  "r2_full": 0.578487151878075,
+  "corr_portfolio": 0.3176191729169925,
+  "corr_benchmark": 0.21481893995903636,
+  "alpha_pos_frac": 0.4697986577181208,
+  "fund_max_dd": -0.22324901580768086,
+  "first": "2013-09-17",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.28, vmbix +0.01, qqq -0.01, vblix +0.36, tlt -0.21, agg -0.30",
+  "ref_full": "vweax +0.35, vmbix -0.21, vblix +0.38, tlt -0.26, qqq -0.04, ivv +0.05"
+ },
+ "bxitx": {
+  "sym": "bxitx",
+  "name": "MML Barings Unconstrained Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0044162295943261,
+  "alpha_t_5y": 0.42357655995063487,
+  "alpha_t_full": 1.2115661962254713,
+  "r2_5y": 0.5044501725472237,
+  "r2_full": 0.6221835771554609,
+  "corr_portfolio": 0.31098166796243903,
+  "corr_benchmark": 0.26962812340936443,
+  "alpha_pos_frac": 0.5503355704697986,
+  "fund_max_dd": -0.24863348369243166,
+  "first": "2013-09-17",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.34, vmbix +0.03, vblix +0.53, tlt -0.32, agg -0.33",
+  "ref_full": "vweax +0.48, vmbix -0.19, vblix +0.44, tlt -0.30, qqq -0.04, ivv +0.04"
+ },
+ "cabdx": {
+  "sym": "cabdx",
+  "name": "AB RELATIVE VALUE FUND, INC.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.014221885083175009,
+  "alpha_t_5y": 0.782086855177506,
+  "alpha_t_full": 0.7253133668375058,
+  "r2_5y": 0.909814852945336,
+  "r2_full": 0.9161905656444875,
+  "corr_portfolio": 0.4020338058839423,
+  "corr_benchmark": 0.5313385053392616,
+  "alpha_pos_frac": 0.5336322869955157,
+  "fund_max_dd": -0.5740208303115659,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": true,
+  "ref_5y": "ivv +1.28, qqq -0.61, iwm +0.17, vea +0.08",
+  "ref_full": "ivv +0.96, qqq -0.31, iwm +0.13, efa +0.14, fxe -0.06, tlt -0.02"
+ },
+ "cabix": {
+  "sym": "cabix",
+  "name": "AB GLOBAL RISK ALLOCATION FUND, INC.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0026370425235100843,
+  "alpha_t_5y": -0.20668975016644722,
+  "alpha_t_full": -0.5190872788213131,
+  "r2_5y": 0.8846995914175935,
+  "r2_full": 0.8480560462650066,
+  "corr_portfolio": 0.30433399548201784,
+  "corr_benchmark": 0.7062567757399001,
+  "alpha_pos_frac": 0.4666666666666667,
+  "fund_max_dd": -0.43568595855945036,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": true,
+  "ref_5y": "vea +0.20, vmbix +0.13, djp +0.13, ivv +0.13, ief +0.31, iwm +0.05",
+  "ref_full": "efa +0.13, ivv +0.21, agg +0.36, djp +0.08, vnq +0.06, vwo +0.08"
+ },
+ "caeax": {
+  "sym": "caeax",
+  "name": "Columbia Acorn European Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04419098262309127,
+  "alpha_t_5y": -1.0707498562551925,
+  "alpha_t_full": -0.3884884870103392,
+  "r2_5y": 0.7907945196360961,
+  "r2_full": 0.7800557176113374,
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+  "corr_benchmark": 0.5328301964537524,
+  "alpha_pos_frac": 0.5287356321839081,
+  "fund_max_dd": -0.5112113867998018,
+  "first": "2011-08-19",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.85, vweax +0.79, fxe +0.35, qqq +0.39, ivv -0.49, vnq +0.11",
+  "ref_full": "vea +0.73, vweax +0.77, fxe +0.39, qqq +0.19, gsg -0.04, ivv -0.16"
+ },
+ "caibx": {
+  "sym": "caibx",
+  "name": "CAPITAL INCOME BUILDER",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.018683914260424653,
+  "alpha_t_5y": 1.6293252677611205,
+  "alpha_t_full": 0.31789898416646956,
+  "r2_5y": 0.9242364964669197,
+  "r2_full": 0.9322041369290884,
+  "corr_portfolio": 0.40862954797602363,
+  "corr_benchmark": 0.624624650766981,
+  "alpha_pos_frac": 0.48205128205128206,
+  "fund_max_dd": -0.4322382118728304,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.24, vnq +0.06, ivv +0.57, qqq -0.27, vmbix +0.16, vwo +0.06",
+  "ref_full": "efa +0.27, ivv +0.39, vweax +0.17, qqq -0.13, ief +0.13, vwo +0.04"
+ },
+ "canax": {
+  "sym": "canax",
+  "name": "American Funds Strategic Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005017691460286228,
+  "alpha_t_5y": -0.49079990504134524,
+  "alpha_t_full": 1.3657894561909614,
+  "r2_5y": 0.840936507474325,
+  "r2_full": 0.8010429383949342,
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+  "corr_benchmark": 0.5238826173570144,
+  "alpha_pos_frac": 0.37815126050420167,
+  "fund_max_dd": -0.19331479637359805,
+  "first": "2016-03-22",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.47, vmbix +0.27, fxy +0.05, ivv -0.04, vweax +0.14",
+  "ref_full": "ief +0.56, vweax +0.20, ivv -0.05, vmbix +0.26, fxy +0.04, tlt -0.05"
+ },
+ "capax": {
+  "sym": "capax",
+  "name": "Federated Hermes Capital Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00782085988404461,
+  "alpha_t_5y": -1.0214046360955142,
+  "alpha_t_full": -1.6418990864775769,
+  "r2_5y": 0.9466345159111762,
+  "r2_full": 0.9263041658046015,
+  "corr_portfolio": 0.3398230925944674,
+  "corr_benchmark": 0.6680600164093814,
+  "alpha_pos_frac": 0.5230769230769231,
+  "fund_max_dd": -0.5308023128796993,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.47, vmbix +0.27, qqq -0.15, iwm +0.06, vweax +0.15, vea +0.05",
+  "ref_full": "ivv +0.38, vweax +0.33, agg +0.16, qqq -0.08, iwm +0.04, efa +0.03"
+ },
+ "cavax": {
+  "sym": "cavax",
+  "name": "Catholic Values Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.017309581106799157,
+  "alpha_t_5y": -1.6603358528839538,
+  "alpha_t_full": -0.49636087205968893,
+  "r2_5y": 0.9754517951197427,
+  "r2_full": 0.9294936293252991,
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+  "corr_benchmark": 0.5921719989472143,
+  "alpha_pos_frac": 0.4153846153846154,
+  "fund_max_dd": -0.36554309691318876,
+  "first": "2015-05-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.71, iwm +0.15, efa +0.17, qqq -0.09, vweax +0.19, agg -0.08",
+  "ref_full": "ivv +0.50, vea +0.21, iwm +0.17, vweax +0.33, gld -0.04, vmbix -0.12"
+ },
+ "cbhcx": {
+  "sym": "cbhcx",
+  "name": "Victory Market Neutral Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007828611280352699,
+  "alpha_t_5y": 0.4992212813930784,
+  "alpha_t_full": 0.9187053098091466,
+  "r2_5y": 0.07085434840909122,
+  "r2_full": 0.03737552958963963,
+  "corr_portfolio": 0.10648062246387816,
+  "corr_benchmark": -0.06978128142804037,
+  "alpha_pos_frac": 0.5220125786163522,
+  "fund_max_dd": -0.08258422957506384,
+  "first": "2012-11-20",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "vwo -0.06, djp +0.03, fxe +0.05",
+  "ref_full": "vwo -0.05, gsg +0.02, vmbix +0.07"
+ },
+ "cblax": {
+  "sym": "cblax",
+  "name": "Columbia Balanced Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005048163615515492,
+  "alpha_t_5y": -0.7137149934448438,
+  "alpha_t_full": 0.1624235828120346,
+  "r2_5y": 0.9769886739712921,
+  "r2_full": 0.9713657648267516,
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+  "corr_benchmark": 0.7050869550545731,
+  "alpha_pos_frac": 0.5025641025641026,
+  "fund_max_dd": -0.34706795606982377,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.61, agg +0.20, vmbix +0.15, vnq -0.03, efa +0.02, vweax +0.05",
+  "ref_full": "ivv +0.55, ief +0.12, agg +0.09, vweax +0.07, efa +0.03, qqq +0.04"
+ },
+ "cbon": {
+  "sym": "cbon",
+  "name": "VanEck China Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004151155013965987,
+  "alpha_t_5y": 0.23360440894839293,
+  "alpha_t_full": 0.5039943993348812,
+  "r2_5y": 0.28252962491958156,
+  "r2_full": 0.15105946291914862,
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+  "corr_benchmark": 0.18985244827332473,
+  "alpha_pos_frac": 0.5481481481481482,
+  "fund_max_dd": -0.14128691044934494,
+  "first": "2014-11-12",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "fxe +0.17, vwo +0.09, fxy +0.09, efa -0.06, vweax +0.11, djp +0.02",
+  "ref_full": "vwo +0.08, fxy +0.08, fxe +0.09, vmbix +0.08"
+ },
+ "cbsax": {
+  "sym": "cbsax",
+  "name": "Columbia Select Mid Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03266650726095239,
+  "alpha_t_5y": -0.7642483068220384,
+  "alpha_t_full": -1.412901331404161,
+  "r2_5y": 0.8368994960139767,
+  "r2_full": 0.8862273656466362,
+  "corr_portfolio": 0.11799380942141321,
+  "corr_benchmark": 0.5941979928672352,
+  "alpha_pos_frac": 0.4928571428571429,
+  "fund_max_dd": -0.5661812934540207,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.78, iwm +0.49, ivv -0.25",
+  "ref_full": "ivv +0.18, qqq +0.45, iwm +0.37, gld +0.05, vwo +0.05, vnq -0.04"
+ },
+ "ccasx": {
+  "sym": "ccasx",
+  "name": "Conestoga Small Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07689155566836417,
+  "alpha_t_5y": -2.2037558470260334,
+  "alpha_t_full": -0.3211906291892566,
+  "r2_5y": 0.8537652038223355,
+  "r2_full": 0.8905660364532572,
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+  "corr_benchmark": 0.5558375500306847,
+  "alpha_pos_frac": 0.5260115606936416,
+  "fund_max_dd": -0.4801324623431552,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.71, qqq +0.20, vblix +0.10, djp -0.07, vnq +0.09, vwo -0.08",
+  "ref_full": "iwm +0.80, qqq +0.18, vwo -0.04, vnq -0.03, gsg -0.02, fxy +0.04"
+ },
+ "cccmx": {
+  "sym": "cccmx",
+  "name": "Capital Group California Core Municipal Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013527971553256078,
+  "alpha_t_5y": -1.7335247811072572,
+  "alpha_t_full": -0.19524953674574116,
+  "r2_5y": 0.3180494382423844,
+  "r2_full": 0.252924667959452,
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+  "corr_benchmark": 0.3329490972545163,
+  "alpha_pos_frac": 0.5421052631578948,
+  "fund_max_dd": -0.07579903015368528,
+  "first": "2010-04-16",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.13, vweax +0.17, ivv -0.04, vwo +0.01",
+  "ref_full": "agg +0.14, vweax +0.11, fxy +0.03, gsg -0.01, efa -0.02, vnq +0.01"
+ },
+ "ccfax": {
+  "sym": "ccfax",
+  "name": "American Funds College 2036 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010958140248897697,
+  "alpha_t_5y": -1.1737191770255835,
+  "alpha_t_full": -1.4772143517352343,
+  "r2_5y": 0.962785716654311,
+  "r2_full": 0.966931390099768,
+  "corr_portfolio": 0.2444390401318746,
+  "corr_benchmark": 0.7020932312602941,
+  "alpha_pos_frac": 0.5729166666666666,
+  "fund_max_dd": -0.25797870646682486,
+  "first": "2018-02-26",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.43, vea +0.12, agg +0.21, iwm +0.05, vwo +0.06, vweax +0.12",
+  "ref_full": "ivv +0.34, vea +0.17, vblix +0.09, vwo +0.07, qqq +0.07, iwm +0.04"
+ },
+ "ccrsx": {
+  "sym": "ccrsx",
+  "name": "Cantor Fitzgerald Commodity Return Strategy Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.009178228663678949,
+  "alpha_t_5y": 0.4527611180132677,
+  "alpha_t_full": 0.2026327510122386,
+  "r2_5y": 0.9096419615389771,
+  "r2_full": 0.9136812878439692,
+  "corr_portfolio": 0.21529015826697542,
+  "corr_benchmark": 0.10841244251342742,
+  "alpha_pos_frac": 0.4525862068965517,
+  "fund_max_dd": -0.7309675891445069,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "djp +0.81, iwm -0.03",
+  "ref_full": "djp +0.83, vnq -0.01, vweax +0.15, iwm -0.03, ief -0.06, gsg +0.03"
+ },
+ "ccsax": {
+  "sym": "ccsax",
+  "name": "Columbia Commodity Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.021002604683417834,
+  "alpha_t_5y": 0.86511882653908,
+  "alpha_t_full": 0.4003438219357635,
+  "r2_5y": 0.8840400098035365,
+  "r2_full": 0.8883079668217089,
+  "corr_portfolio": 0.2259886693211108,
+  "corr_benchmark": 0.10685603566950336,
+  "alpha_pos_frac": 0.4695121951219512,
+  "fund_max_dd": -0.6208447909818353,
+  "first": "2012-06-19",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "djp +0.84, qqq -0.02",
+  "ref_full": "djp +0.78, gsg +0.05, vnq -0.03, vweax +0.12, qqq -0.02"
+ },
+ "ccsmx": {
+  "sym": "ccsmx",
+  "name": "Conestoga SMid Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07953674480018384,
+  "alpha_t_5y": -2.2538237488857535,
+  "alpha_t_full": -1.7093981379585892,
+  "r2_5y": 0.831167229526335,
+  "r2_full": 0.8571953557968832,
+  "corr_portfolio": 0.16673439861064654,
+  "corr_benchmark": 0.587111731906019,
+  "alpha_pos_frac": 0.5793103448275863,
+  "fund_max_dd": -0.3734061589669486,
+  "first": "2014-01-23",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.50, ivv +0.18, vnq +0.17, vblix +0.11, djp -0.07, qqq +0.12",
+  "ref_full": "iwm +0.56, qqq +0.18, vnq +0.06, djp -0.05, vblix +0.07, ivv +0.13"
+ },
+ "cdazx": {
+  "sym": "cdazx",
+  "name": "Multi-Manager Directional Alternative Strategies Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0342781802369154,
+  "alpha_t_5y": 1.3873841806158491,
+  "alpha_t_full": -0.4202815187412839,
+  "r2_5y": 0.6017783042077212,
+  "r2_full": 0.7199746133032807,
+  "corr_portfolio": 0.4579231297920752,
+  "corr_benchmark": 0.4914274850949033,
+  "alpha_pos_frac": 0.45871559633027525,
+  "fund_max_dd": -0.30928871122470447,
+  "first": "2017-01-13",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "ivv +0.86, qqq -0.38, vnq -0.10, vea +0.78, efa -0.66, vweax -0.17",
+  "ref_full": "ivv +0.72, qqq -0.25, vea +0.47, vnq -0.09, efa -0.37, gld +0.03"
+ },
+ "cdcdx": {
+  "sym": "cdcdx",
+  "name": "THE COMMUNITY DEVELOPMENT FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00496798016271006,
+  "alpha_t_5y": -0.881859194975384,
+  "alpha_t_full": -0.5392408242143406,
+  "r2_5y": 0.8422129147458549,
+  "r2_full": 0.6440837578154404,
+  "corr_portfolio": -0.1136834692366959,
+  "corr_benchmark": 0.5213016053902977,
+  "alpha_pos_frac": 0.5338983050847458,
+  "fund_max_dd": -0.10358844254996025,
+  "first": "2016-05-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.30, ief +0.23, tlt -0.09, qqq -0.01, vblix +0.08, gsg -0.01",
+  "ref_full": "ief +0.25, vmbix +0.20, tlt -0.10, vblix +0.08, agg +0.12, ivv -0.01"
+ },
+ "cdgrx": {
+  "sym": "cdgrx",
+  "name": "Copeland Dividend Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.028774407414733555,
+  "alpha_t_5y": -1.627187790098919,
+  "alpha_t_full": -2.025189236502155,
+  "r2_5y": 0.9333831093875568,
+  "r2_full": 0.8710271271357258,
+  "corr_portfolio": 0.2969700835023504,
+  "corr_benchmark": 0.6143171121842597,
+  "alpha_pos_frac": 0.5769230769230769,
+  "fund_max_dd": -0.3624902125676289,
+  "first": "2010-12-31",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.86, iwm +0.20, qqq -0.20, vnq +0.10",
+  "ref_full": "ivv +0.78, vnq +0.08, iwm +0.11, tlt +0.05, qqq -0.07, vwo -0.04"
+ },
+ "cdhax": {
+  "sym": "cdhax",
+  "name": "Calvert International Responsible Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0038646415116766345,
+  "alpha_t_5y": 0.33398563666162356,
+  "alpha_t_full": 0.14319281243769066,
+  "r2_5y": 0.9721094668907193,
+  "r2_full": 0.9671851910361053,
+  "corr_portfolio": 0.33924694881077827,
+  "corr_benchmark": 0.5844117180850429,
+  "alpha_pos_frac": 0.4596774193548387,
+  "fund_max_dd": -0.3230770504420455,
+  "first": "2015-11-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.89, qqq +0.07, gsg -0.03, vwo +0.03, vnq -0.03, vweax +0.07",
+  "ref_full": "vea +0.88, qqq +0.06, gsg -0.03, vweax +0.12, vnq -0.02, fxe +0.04"
+ },
+ "cefix": {
+  "sym": "cefix",
+  "name": "Calvert Emerging Markets Advancement Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017145274366876226,
+  "alpha_t_5y": 0.5282455450596599,
+  "alpha_t_full": 0.5271191423123033,
+  "r2_5y": 0.7887475343019885,
+  "r2_full": 0.8316809689887764,
+  "corr_portfolio": 0.2552762342686834,
+  "corr_benchmark": 0.464575645419557,
+  "alpha_pos_frac": 0.4935064935064935,
+  "fund_max_dd": -0.30728235549270944,
+  "first": "2019-10-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.57, vea +1.97, efa -1.65, fxy -0.14, vnq -0.08, djp -0.07",
+  "ref_full": "vwo +0.58, vea +1.85, efa -1.56, vnq -0.07, fxy -0.12, djp -0.06"
+ },
+ "cemgx": {
+  "sym": "cemgx",
+  "name": "Cullen Emerging Markets High Dividend Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03198042874804398,
+  "alpha_t_5y": 0.8226143947894862,
+  "alpha_t_full": 0.380599512116511,
+  "r2_5y": 0.6125646923969157,
+  "r2_full": 0.6847318422673084,
+  "corr_portfolio": 0.38024233708245986,
+  "corr_benchmark": 0.39006789903807254,
+  "alpha_pos_frac": 0.47530864197530864,
+  "fund_max_dd": -0.4013294411950058,
+  "first": "2012-09-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.49, djp +0.08, vea +0.69, fxy -0.14, efa -0.46, iwm -0.06",
+  "ref_full": "vwo +0.44, vweax +0.48, vea +0.72, efa -0.60, agg -0.21, djp +0.04"
+ },
+ "cemvx": {
+  "sym": "cemvx",
+  "name": "Causeway Emerging Markets Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01779708931224627,
+  "alpha_t_5y": 0.4705363049124205,
+  "alpha_t_full": 0.17885761092543911,
+  "r2_5y": 0.7839941475517813,
+  "r2_full": 0.8707451732032545,
+  "corr_portfolio": 0.31132981988565955,
+  "corr_benchmark": 0.41429115077271045,
+  "alpha_pos_frac": 0.48878923766816146,
+  "fund_max_dd": -0.7047792194731916,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.88, vnq -0.15, qqq +0.04, gld +0.07, fxe -0.26, vea +0.16",
+  "ref_full": "vwo +0.73, vweax +0.36, qqq +0.05, vnq -0.04, agg -0.15, efa +0.07"
+ },
+ "cenax": {
+  "sym": "cenax",
+  "name": "American Funds College Enrollment Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003860265083493239,
+  "alpha_t_5y": -0.7072299327828697,
+  "alpha_t_full": -0.7990541192904075,
+  "r2_5y": 0.8653241422743242,
+  "r2_full": 0.7921385213043155,
+  "corr_portfolio": -0.08282129629361833,
+  "corr_benchmark": 0.639868542336852,
+  "alpha_pos_frac": 0.37888198757763975,
+  "fund_max_dd": -0.1048312010051764,
+  "first": "2012-09-17",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.14, ivv +0.08, ief +0.33, tlt -0.12, agg +0.22, qqq -0.02",
+  "ref_full": "vmbix +0.21, ief +0.37, tlt -0.07, ivv +0.02, vweax +0.03, gld +0.01"
+ },
+ "cetfx": {
+  "sym": "cetfx",
+  "name": "Morningstar Conservative ETF Asset Allocation Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011296981161052178,
+  "alpha_t_5y": -2.410662192142263,
+  "alpha_t_full": -3.914571214425893,
+  "r2_5y": 0.9630285258238527,
+  "r2_full": 0.9200866894866874,
+  "corr_portfolio": 0.203258708962709,
+  "corr_benchmark": 0.8816309733044663,
+  "alpha_pos_frac": 0.4618834080717489,
+  "fund_max_dd": -0.16495394631935656,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.41, ivv +0.13, vea +0.07, gsg +0.02, iwm +0.02, ief +0.16",
+  "ref_full": "ivv +0.14, agg +0.22, ief +0.25, efa +0.07, vweax +0.09, djp +0.02"
+ },
+ "cfagx": {
+  "sym": "cfagx",
+  "name": "The MidCap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06386516226725951,
+  "alpha_t_5y": -2.3314055767284882,
+  "alpha_t_full": -1.4100665062666087,
+  "r2_5y": 0.8746625538805654,
+  "r2_full": 0.9209504129740071,
+  "corr_portfolio": 0.23760368722835007,
+  "corr_benchmark": 0.6136384921104272,
+  "alpha_pos_frac": 0.5431034482758621,
+  "fund_max_dd": -0.6105441793333631,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.51, iwm +0.27, djp -0.04, vnq +0.09, qqq +0.11",
+  "ref_full": "ivv +0.46, iwm +0.25, qqq +0.16, efa +0.04, vnq +0.02, gld +0.02"
+ },
+ "cfbnx": {
+  "sym": "cfbnx",
+  "name": "The Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0016504164406938291,
+  "alpha_t_5y": -0.27394067065107924,
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+  "r2_5y": 0.9292510775084584,
+  "r2_full": 0.6750614171223495,
+  "corr_portfolio": -0.07413933997885729,
+  "corr_benchmark": 0.6642348098707745,
+  "alpha_pos_frac": 0.5260115606936416,
+  "fund_max_dd": -0.17284720384081453,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg -0.15, vblix +0.35, tlt -0.18, ief +0.46, vmbix +0.16, vweax +0.07",
+  "ref_full": "ief +0.40, vweax +0.23, agg +0.08, fxy +0.02, tlt +0.03, djp -0.01"
+ },
+ "cfgrx": {
+  "sym": "cfgrx",
+  "name": "The Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.025226058817700635,
+  "alpha_t_5y": -1.7742790692615311,
+  "alpha_t_full": -1.239252537827646,
+  "r2_5y": 0.9694756638588505,
+  "r2_full": 0.9671560157827721,
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+  "corr_benchmark": 0.6340787784905233,
+  "alpha_pos_frac": 0.5664739884393064,
+  "fund_max_dd": -0.5644467174364575,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.43, ivv +0.70, vea -0.41, efa +0.32, iwm -0.05, vblix +0.03",
+  "ref_full": "ivv +0.66, qqq +0.35, iwm -0.04, ief +0.04, gsg -0.01, fxe +0.02"
+ },
+ "cfiax": {
+  "sym": "cfiax",
+  "name": "Columbia Flexible Capital Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.002313595078760682,
+  "alpha_t_5y": 0.19579476545636684,
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+  "r2_5y": 0.9141969908372267,
+  "r2_full": 0.9263952929210447,
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+  "corr_benchmark": 0.576525039179415,
+  "alpha_pos_frac": 0.4857142857142857,
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+  "first": "2011-07-29",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.17, vnq +0.05, ivv +0.53, qqq -0.26, vweax +0.33, djp +0.03",
+  "ref_full": "ivv +0.47, vweax +0.42, iwm +0.15, qqq -0.18, gsg +0.02, vnq +0.03"
+ },
+ "cficx": {
+  "sym": "cficx",
+  "name": "Calvert Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.002915784374115242,
+  "alpha_t_5y": 0.5463045742372045,
+  "alpha_t_full": -0.6937746102120708,
+  "r2_5y": 0.9468100279394229,
+  "r2_full": 0.7592695898310716,
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+  "corr_benchmark": 0.7042332738321989,
+  "alpha_pos_frac": 0.5433526011560693,
+  "fund_max_dd": -0.2079567424858244,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.46, vweax +0.29, ief +0.25, tlt -0.23, ivv -0.01, vmbix +0.07",
+  "ref_full": "ief +0.17, vweax +0.32, tlt +0.12, vnq +0.02, agg +0.10, fxy +0.02"
+ },
+ "cfimx": {
+  "sym": "cfimx",
+  "name": "Clipper Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.17549385975720908,
+  "alpha_t_5y": -1.0406094346566048,
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+  "r2_5y": 0.10605594839407306,
+  "r2_full": 0.4278755675463479,
+  "corr_portfolio": 0.17530675769053233,
+  "corr_benchmark": 0.28415155143999454,
+  "alpha_pos_frac": 0.695067264573991,
+  "fund_max_dd": -0.9105629567427087,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.83",
+  "ref_full": "ivv +0.72, efa +0.19, vnq +0.07, iwm +0.11, qqq -0.13"
+ },
+ "cfipx": {
+  "sym": "cfipx",
+  "name": "Franklin Global Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.013830667334118018,
+  "alpha_t_5y": 1.1230257393242244,
+  "alpha_t_full": -1.076716670515792,
+  "r2_5y": 0.9667206639133641,
+  "r2_full": 0.9649800578944183,
+  "corr_portfolio": 0.36428903528165235,
+  "corr_benchmark": 0.5947516337991512,
+  "alpha_pos_frac": 0.47398843930635837,
+  "fund_max_dd": -0.6055689419129171,
+  "first": "2007-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.70, vea +0.10, vblix -0.03, iwm +0.05, vnq -0.04, efa +0.16",
+  "ref_full": "ivv +0.61, vea +0.36, vnq -0.06, djp +0.03, vweax +0.08, iwm +0.04"
+ },
+ "cfmox": {
+  "sym": "cfmox",
+  "name": "The Missouri Tax-Free Intermediate Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.017385351938791028,
+  "alpha_t_5y": -1.5481426840996235,
+  "alpha_t_full": 0.42420827697913305,
+  "r2_5y": 0.3588142557805112,
+  "r2_full": 0.28690368132393207,
+  "corr_portfolio": 0.022439878603947822,
+  "corr_benchmark": 0.34322588289711503,
+  "alpha_pos_frac": 0.5371024734982333,
+  "fund_max_dd": -0.117201485687628,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.34, ief +0.13, ivv -0.04",
+  "ref_full": "agg +0.06, vweax +0.20, ief +0.09, fxy +0.03, gsg -0.01"
+ },
+ "cfnlx": {
+  "sym": "cfnlx",
+  "name": "The National Tax-Free Intermediate Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016043300536516404,
+  "alpha_t_5y": -1.5784371828680819,
+  "alpha_t_full": 0.9180992931206353,
+  "r2_5y": 0.4180068054739683,
+  "r2_full": 0.3052674603155372,
+  "corr_portfolio": 0.01832507354325999,
+  "corr_benchmark": 0.3630512001254107,
+  "alpha_pos_frac": 0.5260115606936416,
+  "fund_max_dd": -0.1185173418778217,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.19, vweax +0.24, ivv -0.06, vmbix +0.08, tlt -0.11, vnq +0.02",
+  "ref_full": "agg +0.08, vweax +0.22, ief +0.10, fxy +0.03, gsg -0.01, efa -0.01"
+ },
+ "cfrax": {
+  "sym": "cfrax",
+  "name": "Catalyst/CIFC Senior Secured Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.014461640078456248,
+  "alpha_t_5y": 1.8030879853519213,
+  "alpha_t_full": 1.5615206965638564,
+  "r2_5y": 0.4772979212686399,
+  "r2_full": 0.5098658483471412,
+  "corr_portfolio": 0.29318873586765865,
+  "corr_benchmark": 0.2224216115476236,
+  "alpha_pos_frac": 0.5126582278481012,
+  "fund_max_dd": -0.19236067642081212,
+  "first": "2013-01-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.25, vmbix +0.01, vblix +0.42, tlt -0.24, agg -0.31",
+  "ref_full": "vweax +0.36, vmbix -0.20, vblix +0.32, tlt -0.21, vnq +0.01, qqq -0.01"
+ },
+ "cfsix": {
+  "sym": "cfsix",
+  "name": "TOUCHSTONE SANDS CAPITAL SELECT GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.11147944786972522,
+  "alpha_t_5y": -2.217372699827077,
+  "alpha_t_full": -1.8752220151192687,
+  "r2_5y": 0.8417002264436905,
+  "r2_full": 0.8659078570749045,
+  "corr_portfolio": 0.03687364903187224,
+  "corr_benchmark": 0.5758838793035987,
+  "alpha_pos_frac": 0.5542635658914729,
+  "fund_max_dd": -0.602446361406143,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.43, iwm +0.27, ivv -0.68, vweax +0.36",
+  "ref_full": "qqq +0.93, iwm +0.18, ief +0.12, vwo +0.08, vnq -0.03, efa -0.06"
+ },
+ "cfvax": {
+  "sym": "cfvax",
+  "name": "Catholic Values Fixed Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008745914496089024,
+  "alpha_t_5y": -1.8646690641577321,
+  "alpha_t_full": -1.5576408091886875,
+  "r2_5y": 0.9675275233945968,
+  "r2_full": 0.9249460344095989,
+  "corr_portfolio": -0.06568406127744893,
+  "corr_benchmark": 0.7236833034039607,
+  "alpha_pos_frac": 0.5076923076923077,
+  "fund_max_dd": -0.20489099043643255,
+  "first": "2015-05-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.04, vblix +0.30, vmbix +0.22, tlt -0.13, ief +0.34, vweax +0.09",
+  "ref_full": "vblix +0.29, vmbix +0.23, vweax +0.12, ief +0.26, tlt -0.13, agg +0.12"
+ },
+ "cfvlx": {
+  "sym": "cfvlx",
+  "name": "The Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002904859230413505,
+  "alpha_t_5y": -0.1622910899989808,
+  "alpha_t_full": 1.0027903051456628,
+  "r2_5y": 0.908317928417351,
+  "r2_full": 0.9432314632501577,
+  "corr_portfolio": 0.412172699754171,
+  "corr_benchmark": 0.510626224630156,
+  "alpha_pos_frac": 0.4977578475336323,
+  "fund_max_dd": -0.5889876474742121,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.41, qqq -0.73, iwm +0.10, vea +0.08, vnq +0.06, gsg +0.02",
+  "ref_full": "ivv +1.19, qqq -0.47, vnq +0.06, iwm +0.06, efa +0.09, fxe -0.06"
+ },
+ "cgafx": {
+  "sym": "cgafx",
+  "name": "Calvert Green Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008770856655407755,
+  "alpha_t_5y": -1.5123950077850403,
+  "alpha_t_full": -0.9038833999721502,
+  "r2_5y": 0.917005808175894,
+  "r2_full": 0.8786342454483136,
+  "corr_portfolio": -0.07830314053756096,
+  "corr_benchmark": 0.6686849689868236,
+  "alpha_pos_frac": 0.5540540540540541,
+  "fund_max_dd": -0.17397171727534122,
+  "first": "2013-11-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.20, vweax +0.19, ief +0.38, ivv -0.02, tlt -0.19, vblix +0.24",
+  "ref_full": "ief +0.37, vweax +0.11, vblix +0.26, tlt -0.16, vmbix +0.10, fxy +0.01"
+ },
+ "cgoax": {
+  "sym": "cgoax",
+  "name": "Columbia Small Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03212747448979756,
+  "alpha_t_5y": -0.793397434637466,
+  "alpha_t_full": -0.45670748106996395,
+  "r2_5y": 0.8775918878842488,
+  "r2_full": 0.9016552374730873,
+  "corr_portfolio": 0.11465669828547256,
+  "corr_benchmark": 0.5665998374258396,
+  "alpha_pos_frac": 0.5204918032786885,
+  "fund_max_dd": -0.5577514211992851,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.94, qqq +0.79, ivv -0.71",
+  "ref_full": "iwm +0.86, qqq +0.49, vnq -0.08, ivv -0.25, gld +0.05, agg +0.11"
+ },
+ "cgvyx": {
+  "sym": "cgvyx",
+  "name": "American Funds Global Insight Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.018621247738304113,
+  "alpha_t_5y": -1.3862033187824248,
+  "alpha_t_full": -0.9872464716677829,
+  "r2_5y": 0.9534799063457055,
+  "r2_full": 0.9634909434040335,
+  "corr_portfolio": 0.26356185895058504,
+  "corr_benchmark": 0.648308613904745,
+  "alpha_pos_frac": 0.3684210526315789,
+  "fund_max_dd": -0.29748281971314616,
+  "first": "2019-11-11",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.47, vea +0.20, vwo +0.05, efa +0.23, djp -0.02, vnq -0.03",
+  "ref_full": "ivv +0.36, vea +0.13, vwo +0.05, efa +0.27, qqq +0.06, vweax +0.08"
+ },
+ "chcgx": {
+  "sym": "chcgx",
+  "name": "The Chesapeake Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07821682899480374,
+  "alpha_t_5y": -3.810840149721122,
+  "alpha_t_full": -3.699849641094416,
+  "r2_5y": 0.9272518275264143,
+  "r2_full": 0.9395158049941892,
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+  "corr_benchmark": 0.5881868425369062,
+  "alpha_pos_frac": 0.4886731391585761,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.68, qqq +0.22, iwm +0.07",
+  "ref_full": "ivv +0.49, qqq +0.33, iwm +0.12, vwo +0.05, gsg +0.03, ief -0.06"
+ },
+ "chclx": {
+  "sym": "chclx",
+  "name": "AB DISCOVERY GROWTH FUND, INC.",
+  "bucket": "all",
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.77, qqq +0.73, ivv -0.45",
+  "ref_full": "iwm +0.67, qqq +0.54, vnq -0.05, ivv -0.14, agg +0.09, vwo +0.03"
+ },
+ "chtrx": {
+  "sym": "chtrx",
+  "name": "Invesco Charter Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.0186699425761538,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.95, iwm +0.02",
+  "ref_full": "ivv +0.84, vweax +0.13, qqq +0.04"
+ },
+ "chusx": {
+  "sym": "chusx",
+  "name": "ALGER GLOBAL EQUITY FUND",
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.53, vea +0.38, vwo +0.10, iwm +0.06, vweax +0.20",
+  "ref_full": "ivv +0.09, vwo +0.22, qqq +0.41, efa +0.17, vweax +0.27, iwm +0.06"
+ },
+ "cibr": {
+  "sym": "cibr",
+  "name": "First Trust NASDAQ Cybersecurity ETF",
+  "bucket": "all",
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+  "verdict": "weak/unstable alpha",
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+  "ref_full": "qqq +0.79, iwm +0.34, ivv -0.28, gsg +0.05, vblix +0.21, vmbix -0.36"
+ },
+ "cigyx": {
+  "sym": "cigyx",
+  "name": "AB International Growth Portfolio",
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+  "first": "2015-04-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.11, qqq +0.15, gsg -0.06, vwo +0.15, efa +0.64, vweax +0.29",
+  "ref_full": "vea +0.43, qqq +0.32, ivv -0.31, gsg -0.05, vweax +0.27, efa +0.47"
+ },
+ "clazx": {
+  "sym": "clazx",
+  "name": "Columbia Multi Strategy Alternatives Fund",
+  "bucket": "all",
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "gsg +0.04, fxe -0.14, vwo +0.05, qqq -0.06, vea +0.05",
+  "ref_full": "vwo +0.03, fxe -0.10, vea +0.07, gsg +0.04, djp -0.04, qqq -0.02"
+ },
+ "cldax": {
+  "sym": "cldax",
+  "name": "Calvert Core Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004614958392454045,
+  "alpha_t_5y": -0.9324685413999381,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.26, vweax +0.12, ief +0.37, ivv -0.02, vblix +0.31, tlt -0.19",
+  "ref_full": "tlt +0.27, vweax +0.24, ief +0.19, vnq +0.02, fxy +0.04, agg +0.07"
+ },
+ "clmax": {
+  "sym": "clmax",
+  "name": "Columbia Mortgage Opportunities Fund",
+  "bucket": "all",
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.93, qqq -0.03, efa +0.03",
+  "ref_full": "vmbix +0.86, vweax +0.12, vblix -0.10, qqq -0.02, agg +0.15"
+ },
+ "clmpx": {
+  "sym": "clmpx",
+  "name": "Columbia Strategic California Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_t_5y": -0.9599081921031773,
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
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+  "ref_full": "agg +0.11, vweax +0.34, ief +0.12, fxy +0.04, gsg -0.01, efa -0.01"
+ },
+ "cmaix": {
+  "sym": "cmaix",
+  "name": "Invesco Select Risk: Moderately Conservative Investor Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.17, agg +0.25, vea +0.12, iwm +0.07, vblix +0.10, vwo +0.04",
+  "ref_full": "ivv +0.15, ief +0.27, efa +0.09, vweax +0.21, iwm +0.08, gld +0.02"
+ },
+ "cmgix": {
+  "sym": "cmgix",
+  "name": "BLACKROCK MID CAP GROWTH EQUITY PORTFOLIO",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.10202720768170172,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.68, iwm +0.40, vblix +0.09",
+  "ref_full": "ivv +0.13, qqq +0.50, iwm +0.36, agg +0.14, vweax +0.13, vwo +0.04"
+ },
+ "cmgux": {
+  "sym": "cmgux",
+  "name": "Columbia Ultra Short Term Bond Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.0054170710848839764,
+  "alpha_t_5y": 1.1480337169771404,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.14, ivv -0.02",
+  "ref_full": "vweax +0.09, ief +0.05, qqq -0.00, tlt -0.02, vwo +0.00, iwm -0.00"
+ },
+ "cmiex": {
+  "sym": "cmiex",
+  "name": "Multi-Manager International Equity Strategies Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004604421020557565,
+  "alpha_t_5y": 0.3481051625421294,
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+  "alpha_pos_frac": 0.3763440860215054,
+  "fund_max_dd": -0.3535156169126247,
+  "first": "2018-05-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": true,
+  "ref_5y": "efa +0.81, vwo +0.14, fxe +0.09, iwm +0.03, tlt -0.12, vblix +0.13",
+  "ref_full": "vea +0.23, vwo +0.11, efa +0.60, vweax +0.07, fxe +0.07, iwm +0.03"
+ },
+ "cmvix": {
+  "sym": "cmvix",
+  "name": "BLACKROCK ADVANTAGE LARGE CAP GROWTH FUND",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.01537188453396526,
+  "alpha_t_5y": -1.0828382259737486,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.65, ivv +0.47, vea -0.05, vnq -0.03",
+  "ref_full": "ivv +0.68, qqq +0.34, iwm +0.05, vnq +0.03, gld +0.03, efa -0.04"
+ },
+ "cnsax": {
+  "sym": "cnsax",
+  "name": "INVESCO CONVERTIBLE SECURITIES FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.020598332720173848,
+  "alpha_t_5y": -0.7987140241901942,
+  "alpha_t_full": -0.2979969908643489,
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+  "corr_benchmark": 0.5490378579410627,
+  "alpha_pos_frac": 0.5059760956175299,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.34, qqq +0.34, vwo +0.08, ivv -0.21, gld +0.05, vnq -0.04",
+  "ref_full": "qqq +0.24, iwm +0.26, vweax +0.32, vnq -0.06, gld +0.04, agg +0.06"
+ },
+ "cnxt": {
+  "sym": "cnxt",
+  "name": "VanEck ChiNext Innovators ETF",
+  "bucket": "all",
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+  "alpha_pos_frac": 0.43884892086330934,
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+  "first": "2014-07-25",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +1.68, ivv -0.35, efa -0.41",
+  "ref_full": "vwo +1.44, ivv -0.25, vea -0.30"
+ },
+ "coeax": {
+  "sym": "coeax",
+  "name": "Columbia Oregon Intermediate Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.020874082107191872,
+  "alpha_t_5y": -2.419501587009972,
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+  "corr_portfolio": 0.027366078343223875,
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+  "alpha_pos_frac": 0.5291828793774319,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.27, ief +0.08, ivv -0.09, vnq +0.02, qqq +0.03",
+  "ref_full": "agg +0.08, vweax +0.20, ief +0.06, fxy +0.03, efa -0.02, vnq +0.01"
+ },
+ "coiax": {
+  "sym": "coiax",
+  "name": "SIMT Conservative Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00010993967521488542,
+  "alpha_t_5y": -0.026449474516294674,
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+  "r2_5y": 0.19345940307782883,
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+  "corr_portfolio": 0.05713621484344017,
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+  "alpha_pos_frac": 0.5056179775280899,
+  "fund_max_dd": -0.0019976608136713647,
+  "first": "2018-10-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.13, vea -0.02, vmbix -0.03",
+  "ref_full": "vweax +0.07, vea -0.01, vmbix -0.01"
+ },
+ "colnx": {
+  "sym": "colnx",
+  "name": "Columbia Strategic New York Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015290146959344476,
+  "alpha_t_5y": -0.900558282349283,
+  "alpha_t_full": 0.2519394503019029,
+  "r2_5y": 0.38179882769804385,
+  "r2_full": 0.278299644126794,
+  "corr_portfolio": 0.0348745816334198,
+  "corr_benchmark": 0.34717010788942354,
+  "alpha_pos_frac": 0.5895953757225434,
+  "fund_max_dd": -0.19802609969984275,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.50, vblix +0.12, ivv -0.09, vnq +0.03",
+  "ref_full": "agg +0.14, vweax +0.33, ief +0.09, fxy +0.04, gsg -0.01, efa -0.01"
+ },
+ "coltx": {
+  "sym": "coltx",
+  "name": "Columbia Total Return Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011740837754575283,
+  "alpha_t_5y": -0.7077729311166174,
+  "alpha_t_full": 0.2935057139899329,
+  "r2_5y": 0.38124276856878136,
+  "r2_full": 0.29228150871783365,
+  "corr_portfolio": 0.04415948336824439,
+  "corr_benchmark": 0.3402945756605481,
+  "alpha_pos_frac": 0.6184971098265896,
+  "fund_max_dd": -0.17873193275084442,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.41, vblix +0.30, ivv -0.16, vnq +0.05, tlt -0.15, qqq +0.05",
+  "ref_full": "vweax +0.34, ief +0.10, fxy +0.04, gsg -0.01, agg +0.10, efa -0.01"
+ },
+ "comax": {
+  "sym": "comax",
+  "name": "DWS Digital Horizons Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06460544159178118,
+  "alpha_t_5y": -1.6699763435102253,
+  "alpha_t_full": -2.0703224819297668,
+  "r2_5y": 0.8180608281596364,
+  "r2_full": 0.8028877481059974,
+  "corr_portfolio": 0.15260101179665342,
+  "corr_benchmark": 0.5829328592974747,
+  "alpha_pos_frac": 0.5598705501618123,
+  "fund_max_dd": -0.8152354518735918,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.70, ivv +0.24",
+  "ref_full": "ivv +0.36, vwo +0.11, qqq +0.32, efa +0.16, agg +0.23, fxe +0.12"
+ },
+ "cosix": {
+  "sym": "cosix",
+  "name": "Columbia Strategic Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0033536797472832067,
+  "alpha_t_5y": 0.5088175597051444,
+  "alpha_t_full": 1.6607384411291617,
+  "r2_5y": 0.8662749727498671,
+  "r2_full": 0.6394753389156,
+  "corr_portfolio": 0.14900065311998206,
+  "corr_benchmark": 0.5726198691530625,
+  "alpha_pos_frac": 0.5086705202312138,
+  "fund_max_dd": -0.261588575393748,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.29, vweax +0.27, agg +0.14, efa +0.03, qqq -0.02, vblix +0.05",
+  "ref_full": "vweax +0.42, agg +0.07, fxe +0.03, ief +0.15, efa +0.04, qqq -0.01"
+ },
+ "cpoax": {
+  "sym": "cpoax",
+  "name": "Morgan Stanley Insight Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.1033601258484894,
+  "alpha_t_5y": -1.1810909766757534,
+  "alpha_t_full": -0.9268944128921377,
+  "r2_5y": 0.7179142192013683,
+  "r2_full": 0.7410382981000473,
+  "corr_portfolio": -0.04783552231926079,
+  "corr_benchmark": 0.5400315946551595,
+  "alpha_pos_frac": 0.4845360824742268,
+  "fund_max_dd": -0.8457415819949012,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.76, iwm +0.86, ivv -1.56, vweax +0.53",
+  "ref_full": "qqq +1.18, iwm +0.46, ivv -0.66, agg +0.33, vwo +0.06, vweax +0.16"
+ },
+ "cppcx": {
+  "sym": "cppcx",
+  "name": "American Funds Preservation Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012129304984585258,
+  "alpha_t_5y": -2.4142461972821416,
+  "alpha_t_full": -2.829738963801614,
+  "r2_5y": 0.8351715701075164,
+  "r2_full": 0.7829778481783654,
+  "corr_portfolio": -0.1178745243515308,
+  "corr_benchmark": 0.5078848908667623,
+  "alpha_pos_frac": 0.4484848484848485,
+  "fund_max_dd": -0.09747699191673409,
+  "first": "2012-05-23",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.34, tlt -0.14, vmbix +0.10, agg +0.25, ivv -0.01",
+  "ref_full": "ief +0.41, tlt -0.10, vmbix +0.09, vweax +0.03, fxy +0.01, agg +0.04"
+ },
+ "cptnx": {
+  "sym": "cptnx",
+  "name": "GOVERNMENT BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0036638410898420883,
+  "alpha_t_5y": -0.6386303205843966,
+  "alpha_t_full": -1.3111732652384114,
+  "r2_5y": 0.9492385289697395,
+  "r2_full": 0.8546559135767944,
+  "corr_portfolio": -0.14367553545814413,
+  "corr_benchmark": 0.6455895514221145,
+  "alpha_pos_frac": 0.5086705202312138,
+  "fund_max_dd": -0.1915010432556281,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.43, vmbix +0.34, vweax +0.08, ivv -0.03, vblix +0.17, tlt -0.10",
+  "ref_full": "ief +0.52, vweax +0.09, agg +0.10, vnq +0.01, fxe +0.01"
+ },
+ "cpxax": {
+  "sym": "cpxax",
+  "name": "Cohen & Steers Preferred Securities & Income Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01203720088641426,
+  "alpha_t_5y": -0.820388247838732,
+  "alpha_t_full": 1.9310724723538273,
+  "r2_5y": 0.3972649575929885,
+  "r2_full": 0.5258966037534735,
+  "corr_portfolio": 0.297230736431155,
+  "corr_benchmark": 0.43120684115958297,
+  "alpha_pos_frac": 0.5368421052631579,
+  "fund_max_dd": -0.2551410892294047,
+  "first": "2010-05-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.52, efa +0.04",
+  "ref_full": "vweax +0.58, vnq +0.06, agg +0.63, ief -0.27, vmbix -0.23, qqq -0.02"
+ },
+ "cracx": {
+  "sym": "cracx",
+  "name": "Columbia Adaptive Risk Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010701129855527734,
+  "alpha_t_5y": -0.6993147361172886,
+  "alpha_t_full": -0.6034762361687478,
+  "r2_5y": 0.8234957091212181,
+  "r2_full": 0.7256034226107375,
+  "corr_portfolio": 0.22532847308145257,
+  "corr_benchmark": 0.7462002315723436,
+  "alpha_pos_frac": 0.573170731707317,
+  "fund_max_dd": -0.19711747551724645,
+  "first": "2012-06-20",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "ivv +0.18, ief +0.51, vea +0.19, djp +0.06, fxe -0.19, iwm +0.04",
+  "ref_full": "vea +0.11, ief +0.54, ivv +0.20, djp +0.08, vwo +0.07, fxe -0.08"
+ },
+ "craix": {
+  "sym": "craix",
+  "name": "CCM Community Impact Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0072371061617907285,
+  "alpha_t_5y": -1.741711224721595,
+  "alpha_t_full": -1.0781575834726649,
+  "r2_5y": 0.9503175100787055,
+  "r2_full": 0.8211267641539269,
+  "corr_portfolio": -0.12780976941594752,
+  "corr_benchmark": 0.6314201954724312,
+  "alpha_pos_frac": 0.5435897435897435,
+  "fund_max_dd": -0.1449042942236617,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.28, ief +0.31, tlt -0.06, agg +0.21, qqq -0.01, fxe +0.01",
+  "ref_full": "ief +0.48, ivv +0.02, agg +0.07, tlt -0.03, fxy +0.02, vweax +0.03"
+ },
+ "crak": {
+  "sym": "crak",
+  "name": "VanEck Oil Refiners ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03180077380734894,
+  "alpha_t_5y": 0.5805781452419717,
+  "alpha_t_full": 1.4084997915044333,
+  "r2_5y": 0.6129427169705768,
+  "r2_full": 0.6282014691337354,
+  "corr_portfolio": 0.44154640834709485,
+  "corr_benchmark": 0.3525777013180548,
+  "alpha_pos_frac": 0.5476190476190477,
+  "fund_max_dd": -0.5882284870356655,
+  "first": "2015-08-21",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.51, gsg +0.39, iwm +0.15, ief -0.24, qqq -0.38, ivv +0.49",
+  "ref_full": "vea +0.42, gsg +0.28, iwm +0.20, qqq -0.39, ivv +0.48, vwo +0.13"
+ },
+ "creax": {
+  "sym": "creax",
+  "name": "Columbia Real Estate Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01545555345719037,
+  "alpha_t_5y": 1.0819318565453726,
+  "alpha_t_full": -0.10661664199506797,
+  "r2_5y": 0.9671428848575042,
+  "r2_full": 0.9779752696147426,
+  "corr_portfolio": 0.23768212860082066,
+  "corr_benchmark": 0.5681057918479416,
+  "alpha_pos_frac": 0.4564102564102564,
+  "fund_max_dd": -0.709283957114219,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +1.01, vmbix -0.08",
+  "ref_full": "vnq +0.96, agg -0.20, tlt +0.05, qqq +0.04, vwo -0.02, djp +0.02"
+ },
+ "crihx": {
+  "sym": "crihx",
+  "name": "CRM LONG/SHORT OPPORTUNITIES FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.030323656365754167,
+  "alpha_t_5y": -0.9530910904683232,
+  "alpha_t_full": -0.4641195278669959,
+  "r2_5y": 0.6036428499825773,
+  "r2_full": 0.5771709033384603,
+  "corr_portfolio": 0.23881152028192626,
+  "corr_benchmark": 0.4717239779508285,
+  "alpha_pos_frac": 0.5263157894736842,
+  "fund_max_dd": -0.2132648191040607,
+  "first": "2016-08-23",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "iwm +0.36, vea +0.67, fxy -0.11, efa -0.50, vwo -0.07, vnq -0.05",
+  "ref_full": "iwm +0.27, vea +0.45, efa -0.39, ivv +0.07"
+ },
+ "crsox": {
+  "sym": "crsox",
+  "name": "Cantor Fitzgerald Commodity Return Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01232447226147838,
+  "alpha_t_5y": 0.6156737150899204,
+  "alpha_t_full": 0.39729587817869255,
+  "r2_5y": 0.9114548053791072,
+  "r2_full": 0.9189844530864741,
+  "corr_portfolio": 0.21409020123230452,
+  "corr_benchmark": 0.10791500045355475,
+  "alpha_pos_frac": 0.5043103448275862,
+  "fund_max_dd": -0.7266629200575665,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "djp +0.81, iwm -0.02",
+  "ref_full": "djp +0.86, iwm -0.02, vweax +0.16, ief -0.07, ivv -0.05, vwo +0.02"
+ },
+ "csdax": {
+  "sym": "csdax",
+  "name": "Calvert Short Duration Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0020536625409296335,
+  "alpha_t_5y": 0.4567896175866684,
+  "alpha_t_full": 1.7107582438776399,
+  "r2_5y": 0.787794759598041,
+  "r2_full": 0.537893517243898,
+  "corr_portfolio": 0.05323246528588834,
+  "corr_benchmark": 0.4373912242746285,
+  "alpha_pos_frac": 0.4682080924855491,
+  "fund_max_dd": -0.09963300737426395,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.05, vweax +0.14, ief +0.27, tlt -0.25, vblix +0.23, ivv -0.02",
+  "ref_full": "ief +0.21, vweax +0.18, tlt -0.04, fxy +0.02, vnq +0.01, iwm -0.01"
+ },
+ "cseix": {
+  "sym": "cseix",
+  "name": "Cohen & Steers Real Estate Securities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00993968590734722,
+  "alpha_t_5y": 0.6540084862939752,
+  "alpha_t_full": 0.9947861128047324,
+  "r2_5y": 0.9612492490795813,
+  "r2_full": 0.9776473571975932,
+  "corr_portfolio": 0.2359617245755928,
+  "corr_benchmark": 0.5626625461337378,
+  "alpha_pos_frac": 0.5525291828793775,
+  "fund_max_dd": -0.7258172682312598,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +1.01, iwm -0.07, qqq +0.03",
+  "ref_full": "vnq +0.96, agg -0.14, gsg +0.02, ief +0.07, ivv +0.05, vwo -0.02"
+ },
+ "csfax": {
+  "sym": "csfax",
+  "name": "Cohen & Steers Global Realty Shares, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02026900142621158,
+  "alpha_t_5y": -1.1441306351210625,
+  "alpha_t_full": -1.8610247254904806,
+  "r2_5y": 0.9275382427435832,
+  "r2_full": 0.9130848658778334,
+  "corr_portfolio": 0.3050305362528093,
+  "corr_benchmark": 0.5893062224191481,
+  "alpha_pos_frac": 0.5381165919282511,
+  "fund_max_dd": -0.738056784638371,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.70, vea +0.25, iwm -0.05, vweax +0.18, ivv -0.06, fxe +0.06",
+  "ref_full": "vnq +0.52, efa +0.33, vweax +0.31, qqq -0.05, vwo +0.04, agg -0.07"
+ },
+ "cshix": {
+  "sym": "cshix",
+  "name": "Credit Suisse Floating Rate High Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.018713398355137148,
+  "alpha_t_5y": 1.9184607234843216,
+  "alpha_t_full": 2.1167749763168375,
+  "r2_5y": 0.37571093073919015,
+  "r2_full": 0.60314063756109,
+  "corr_portfolio": 0.29103328055713173,
+  "corr_benchmark": 0.21214981858791168,
+  "alpha_pos_frac": 0.4666666666666667,
+  "fund_max_dd": -0.3727029229833573,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.45, vmbix -0.12, iwm -0.01",
+  "ref_full": "vweax +0.66, ief -0.16, agg +0.13, qqq -0.03, vwo +0.02"
+ },
+ "cshtx": {
+  "sym": "cshtx",
+  "name": "AB Taxable Multi-Sector Income Shares",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0021518731088876622,
+  "alpha_t_5y": 0.4479437837920934,
+  "alpha_t_full": 0.1298913874415106,
+  "r2_5y": 0.6804571880534287,
+  "r2_full": 0.5719038849115463,
+  "corr_portfolio": 0.006816165978215763,
+  "corr_benchmark": 0.4175931835649003,
+  "alpha_pos_frac": 0.453416149068323,
+  "fund_max_dd": -0.05566604305410827,
+  "first": "2012-10-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.07, vweax +0.08, tlt -0.22, ief +0.22, vblix +0.20, ivv -0.02",
+  "ref_full": "vmbix +0.02, vweax +0.07, ief +0.24, tlt -0.18, vblix +0.17, efa -0.01"
+ },
+ "csibx": {
+  "sym": "csibx",
+  "name": "Calvert Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.003800517881894488,
+  "alpha_t_5y": 0.7835713567993418,
+  "alpha_t_full": -0.1332126892841694,
+  "r2_5y": 0.9530951000676455,
+  "r2_full": 0.8038918584484452,
+  "corr_portfolio": -0.05935996297691614,
+  "corr_benchmark": 0.6843261234584073,
+  "alpha_pos_frac": 0.49710982658959535,
+  "fund_max_dd": -0.17180675892415864,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.26, vweax +0.19, ief +0.33, ivv -0.02, vblix +0.28, tlt -0.18",
+  "ref_full": "ief +0.30, vweax +0.20, tlt +0.08, vnq +0.01, agg +0.06, fxy +0.02"
+ },
+ "csmdx": {
+  "sym": "csmdx",
+  "name": "Copeland SMID Cap Dividend Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02931811310272635,
+  "alpha_t_5y": -1.3197222001133884,
+  "alpha_t_full": -0.6570605362827582,
+  "r2_5y": 0.913400808086948,
+  "r2_full": 0.9280957361051787,
+  "corr_portfolio": 0.3022380150238775,
+  "corr_benchmark": 0.5912426409653753,
+  "alpha_pos_frac": 0.5833333333333334,
+  "fund_max_dd": -0.3728300666000126,
+  "first": "2017-02-28",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.52, vnq +0.09, ivv +0.66, qqq -0.32",
+  "ref_full": "iwm +0.47, ivv +0.60, qqq -0.23, vnq +0.09"
+ },
+ "csmix": {
+  "sym": "csmix",
+  "name": "Columbia Small Cap Value Discovery Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.052015816532279734,
+  "alpha_t_5y": 1.9724730131208537,
+  "alpha_t_full": 1.7276291535075639,
+  "r2_5y": 0.916923978565741,
+  "r2_full": 0.9237381508223138,
+  "corr_portfolio": 0.31437704867992783,
+  "corr_benchmark": 0.4688817513785984,
+  "alpha_pos_frac": 0.46120689655172414,
+  "fund_max_dd": -0.568837035176452,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.89, qqq -0.45, ivv +0.51, djp +0.04, efa +0.08, gld -0.04",
+  "ref_full": "iwm +1.00, qqq -0.30, ivv +0.27, vweax -0.08, djp +0.04, gld -0.03"
+ },
+ "csoax": {
+  "sym": "csoax",
+  "name": "Credit Suisse Strategic Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007915374331113221,
+  "alpha_t_5y": 1.1228720129798706,
+  "alpha_t_full": 3.446057630404481,
+  "r2_5y": 0.7342868201516615,
+  "r2_full": 0.7238351857980284,
+  "corr_portfolio": 0.3199550604966908,
+  "corr_benchmark": 0.30402825962683644,
+  "alpha_pos_frac": 0.484472049689441,
+  "fund_max_dd": -0.19955244536543137,
+  "first": "2012-10-01",
+  "verdict": "alpha, but correlated with current portfolio",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.50, vmbix +0.00, vblix +0.33, tlt -0.20, agg -0.23",
+  "ref_full": "vweax +0.51, vmbix -0.11, vblix +0.34, tlt -0.23, agg -0.07"
+ },
+ "csrix": {
+  "sym": "csrix",
+  "name": "Cohen & Steers Institutional Realty Shares",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.016500093269141244,
+  "alpha_t_5y": 1.0877697276091762,
+  "alpha_t_full": 1.147981082335749,
+  "r2_5y": 0.9609852808574378,
+  "r2_full": 0.981268241681309,
+  "corr_portfolio": 0.23396974002922233,
+  "corr_benchmark": 0.5627418268692082,
+  "alpha_pos_frac": 0.547085201793722,
+  "fund_max_dd": -0.7232012097996072,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +1.01, iwm -0.07, vea +0.03",
+  "ref_full": "vnq +1.00, agg -0.27, ief +0.13, iwm -0.05, ivv +0.05, gsg +0.01"
+ },
+ "csrsx": {
+  "sym": "csrsx",
+  "name": "Cohen & Steers Realty Shares",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.013740538141000099,
+  "alpha_t_5y": 0.9732988346845844,
+  "alpha_t_full": 0.9720529022307809,
+  "r2_5y": 0.9666406515039118,
+  "r2_full": 0.9817883611535796,
+  "corr_portfolio": 0.2338349034359993,
+  "corr_benchmark": 0.5633677250551414,
+  "alpha_pos_frac": 0.5144508670520231,
+  "fund_max_dd": -0.7250838134252138,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +1.02, iwm -0.07, vea +0.03, vblix -0.02",
+  "ref_full": "vnq +1.01, agg -0.28, ief +0.14, iwm -0.05, ivv +0.05, gsg +0.01"
+ },
+ "cstax": {
+  "sym": "cstax",
+  "name": "American Funds College 2027 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0016914583262432207,
+  "alpha_t_5y": -0.29632605748060287,
+  "alpha_t_full": 0.8692914145736086,
+  "r2_5y": 0.9284159004046065,
+  "r2_full": 0.800422742932711,
+  "corr_portfolio": 0.29097203798924515,
+  "corr_benchmark": 0.7145958513955426,
+  "alpha_pos_frac": 0.4720496894409938,
+  "fund_max_dd": -0.14517388151214972,
+  "first": "2012-09-17",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.25, ivv +0.26, qqq -0.10, ief +0.37, tlt -0.06, vea +0.04",
+  "ref_full": "vea +0.10, vmbix +0.24, ivv +0.31, qqq -0.11, ief +0.15, vwo +0.04"
+ },
+ "csuax": {
+  "sym": "csuax",
+  "name": "Cohen & Steers Global Infrastructure Fund Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.014976257182104073,
+  "alpha_t_5y": 0.5325748612003027,
+  "alpha_t_full": 0.11345041510236152,
+  "r2_5y": 0.7251162300241709,
+  "r2_full": 0.7778182067860915,
+  "corr_portfolio": 0.335281436257169,
+  "corr_benchmark": 0.5579063461106334,
+  "alpha_pos_frac": 0.4977578475336323,
+  "fund_max_dd": -0.5236271916431511,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.33, vea +0.21, djp +0.06, qqq -0.32, ivv +0.46, ief +0.16",
+  "ref_full": "efa +0.38, vnq +0.08, vweax +0.20, ivv +0.53, qqq -0.27, ief +0.20"
+ },
+ "csvax": {
+  "sym": "csvax",
+  "name": "Columbia International Dividend Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0066927095519452315,
+  "alpha_t_5y": 0.42736032867589796,
+  "alpha_t_full": -0.24593134637781064,
+  "r2_5y": 0.9428336160311104,
+  "r2_full": 0.9328212472408574,
+  "corr_portfolio": 0.3811103660198612,
+  "corr_benchmark": 0.5451520159247555,
+  "alpha_pos_frac": 0.42152466367713004,
+  "fund_max_dd": -0.5543990380038037,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.80, vwo +0.11, qqq -0.07, fxy -0.06, fxe +0.09, ivv +0.08",
+  "ref_full": "efa +0.40, ivv +0.34, vwo +0.11, vnq +0.04, iwm +0.07, qqq -0.06"
+ },
+ "ctagx": {
+  "sym": "ctagx",
+  "name": "Calamos Timpani SMID Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.021416552783486354,
+  "alpha_t_5y": -0.4222848784034116,
+  "alpha_t_full": -0.5073648144411328,
+  "r2_5y": 0.8164736243561306,
+  "r2_full": 0.8185970149325058,
+  "corr_portfolio": 0.08687582320090943,
+  "corr_benchmark": 0.5765094563931232,
+  "alpha_pos_frac": 0.569620253164557,
+  "fund_max_dd": -0.46616997358146595,
+  "first": "2019-08-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.87, qqq +0.78, ivv -0.53, vnq -0.13",
+  "ref_full": "iwm +0.78, qqq +0.95, ivv -0.75"
+ },
+ "ctcax": {
+  "sym": "ctcax",
+  "name": "Columbia Global Technology Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0075492615127686884,
+  "alpha_t_5y": 0.3273218333083199,
+  "alpha_t_full": -0.011295289069002241,
+  "r2_5y": 0.9576868829553249,
+  "r2_full": 0.9357897510683229,
+  "corr_portfolio": 0.1353958588519295,
+  "corr_benchmark": 0.5927231480121536,
+  "alpha_pos_frac": 0.5381165919282511,
+  "fund_max_dd": -0.6103735080626729,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.20, vnq -0.12, vwo +0.04, iwm +0.08, ivv -0.18, vea +0.07",
+  "ref_full": "qqq +1.00, iwm +0.15, vnq -0.06, vwo +0.05, djp +0.03, ivv -0.08"
+ },
+ "ctfax": {
+  "sym": "ctfax",
+  "name": "Columbia Thermostat Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.010574283432642764,
+  "alpha_t_5y": 0.9825089659307309,
+  "alpha_t_full": 0.6094411576988712,
+  "r2_5y": 0.8737713050113416,
+  "r2_full": 0.7889227000158856,
+  "corr_portfolio": 0.19533431960962236,
+  "corr_benchmark": 0.7757812029679844,
+  "alpha_pos_frac": 0.4669260700389105,
+  "fund_max_dd": -0.47608616060833686,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.25, agg +0.34, iwm +0.04, ief +0.26, vnq -0.03, vweax +0.09",
+  "ref_full": "ivv +0.18, vnq +0.13, efa +0.12, agg +0.18, vwo +0.08, ief +0.11"
+ },
+ "cthax": {
+  "sym": "cthax",
+  "name": "American Funds College 2030 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003010974250252283,
+  "alpha_t_5y": -0.4697801641091124,
+  "alpha_t_full": 0.8916817214379447,
+  "r2_5y": 0.9473657030445733,
+  "r2_full": 0.8718669321701216,
+  "corr_portfolio": 0.3213946789819491,
+  "corr_benchmark": 0.688690972827216,
+  "alpha_pos_frac": 0.4720496894409938,
+  "fund_max_dd": -0.17167364241103167,
+  "first": "2012-09-17",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.37, vmbix +0.19, qqq -0.12, vea +0.08, ief +0.23, vweax +0.08",
+  "ref_full": "ivv +0.34, vea +0.15, vmbix +0.22, qqq -0.08, vwo +0.05, agg +0.14"
+ },
+ "ctlax": {
+  "sym": "ctlax",
+  "name": "American Funds College 2033 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006236726060196059,
+  "alpha_t_5y": -0.7810491803727553,
+  "alpha_t_full": -0.27195751494439047,
+  "r2_5y": 0.9531205361601095,
+  "r2_full": 0.9325475026233965,
+  "corr_portfolio": 0.2892663968944992,
+  "corr_benchmark": 0.6808591418580229,
+  "alpha_pos_frac": 0.5190839694656488,
+  "fund_max_dd": -0.21426100921625013,
+  "first": "2015-03-30",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.32, vmbix +0.15, efa +0.11, vnq +0.04, ief +0.16, vwo +0.03",
+  "ref_full": "ivv +0.33, vea -0.06, agg +0.23, vwo +0.07, vweax +0.11, efa +0.22"
+ },
+ "ctrzx": {
+  "sym": "ctrzx",
+  "name": "Multi-Manager Total Return Bond Strategies Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003138432109725065,
+  "alpha_t_5y": -0.625867014540101,
+  "alpha_t_full": -0.7907606998371255,
+  "r2_5y": 0.9581148005999282,
+  "r2_full": 0.9204024136971498,
+  "corr_portfolio": -0.09873744886889077,
+  "corr_benchmark": 0.7090443634269116,
+  "alpha_pos_frac": 0.6272727272727273,
+  "fund_max_dd": -0.19196661534815573,
+  "first": "2017-01-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": true,
+  "ref_5y": "agg -0.06, vweax +0.09, ief +0.39, vblix +0.38, tlt -0.20, vmbix +0.20",
+  "ref_full": "vblix +0.29, vmbix +0.17, vweax +0.15, ief +0.36, tlt -0.13, gsg -0.01"
+ },
+ "cugax": {
+  "sym": "cugax",
+  "name": "abrdn Infrastructure Debt Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": null,
+  "alpha_t_5y": NaN,
+  "alpha_t_full": 1.0079320253666877,
+  "r2_5y": NaN,
+  "r2_full": 0.46235420788835546,
+  "corr_portfolio": 0.13683182532615717,
+  "corr_benchmark": 0.31901902863821746,
+  "alpha_pos_frac": 0.49390243902439024,
+  "fund_max_dd": -0.13876766635421856,
+  "first": "2007-06-04",
+  "verdict": "no 5y window",
+  "alpha_name": false,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "fxe +0.20, fxy +0.16, agg +0.04, vweax +0.10, ief +0.15, ivv +0.04"
+ },
+ "cusex": {
+  "sym": "cusex",
+  "name": "Capital Group U.S. Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005929582364102896,
+  "alpha_t_5y": -0.39118131437762377,
+  "alpha_t_full": -0.338338146380308,
+  "r2_5y": 0.9461578926899573,
+  "r2_full": 0.9619283038146131,
+  "corr_portfolio": 0.27967211508772066,
+  "corr_benchmark": 0.6146069280071785,
+  "alpha_pos_frac": 0.5027932960893855,
+  "fund_max_dd": -0.30159879425816694,
+  "first": "2011-04-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.84, vea +0.08, fxy -0.05",
+  "ref_full": "ivv +0.85, vea +0.07, gld +0.02, fxy -0.03"
+ },
+ "cwbfx": {
+  "sym": "cwbfx",
+  "name": "CAPITAL WORLD BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013710825557040155,
+  "alpha_t_5y": -1.6989990222371285,
+  "alpha_t_full": -1.0747580563427248,
+  "r2_5y": 0.908632446130953,
+  "r2_full": 0.8545747132679788,
+  "corr_portfolio": 0.017548836695955257,
+  "corr_benchmark": 0.6025150967524927,
+  "alpha_pos_frac": 0.4605263157894737,
+  "fund_max_dd": -0.27913623429064505,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.08, fxe +0.28, fxy +0.15, vweax +0.21, ief +0.37, vwo +0.03",
+  "ref_full": "fxe +0.29, ief +0.33, vweax +0.21, fxy +0.14, vwo +0.03, gld +0.01"
+ },
+ "cwgix": {
+  "sym": "cwgix",
+  "name": "CAPITAL WORLD GROWTH & INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006575499681927481,
+  "alpha_t_5y": -0.5000742956314367,
+  "alpha_t_full": 0.171937237084565,
+  "r2_5y": 0.9583930534094567,
+  "r2_full": 0.9621637719045796,
+  "corr_portfolio": 0.3455265621097431,
+  "corr_benchmark": 0.5976259262526823,
+  "alpha_pos_frac": 0.5605381165919282,
+  "fund_max_dd": -0.5406273954586027,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.50, vea +0.37, vwo +0.11, vnq -0.05, djp +0.02",
+  "ref_full": "efa +0.37, ivv +0.46, vwo +0.08, vnq -0.05, vweax +0.18, fxe +0.09"
+ },
+ "cxhyx": {
+  "sym": "cxhyx",
+  "name": "Nomura National High-Yield Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005275788476768195,
+  "alpha_t_5y": -0.2807883360291256,
+  "alpha_t_full": 1.0714667551930228,
+  "r2_5y": 0.40482256015539153,
+  "r2_full": 0.27939625024545,
+  "corr_portfolio": 0.05541654463553314,
+  "corr_benchmark": 0.35972360048557855,
+  "alpha_pos_frac": 0.5953307392996109,
+  "fund_max_dd": -0.21814596862872238,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.65, ief +0.20, ivv -0.10, vnq +0.03",
+  "ref_full": "vweax +0.38, ief +0.08, fxy +0.05, agg +0.14, efa -0.03, vnq +0.02"
+ },
+ "cybax": {
+  "sym": "cybax",
+  "name": "Calvert High Yield Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009266365776293943,
+  "alpha_t_5y": -1.6729885098630473,
+  "alpha_t_full": 0.29876390745802367,
+  "r2_5y": 0.9107395729772976,
+  "r2_full": 0.7662737826271604,
+  "corr_portfolio": 0.2903668700091865,
+  "corr_benchmark": 0.47094654702161676,
+  "alpha_pos_frac": 0.5202312138728323,
+  "fund_max_dd": -0.3041131787534861,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.74, iwm +0.01, vblix +0.23, tlt -0.15, agg -0.08, efa +0.01",
+  "ref_full": "vweax +0.70, efa +0.01, agg +0.12, ief -0.06, ivv +0.03, qqq -0.01"
+ },
+ "czmgx": {
+  "sym": "czmgx",
+  "name": "Columbia Integrated Large Cap Growth Fund II",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.026818568369241864,
+  "alpha_t_5y": -1.572478980004054,
+  "alpha_t_full": -1.2901458826408,
+  "r2_5y": 0.9640401227238035,
+  "r2_full": 0.9662880689605193,
+  "corr_portfolio": 0.11409922483904655,
+  "corr_benchmark": 0.6453034994261324,
+  "alpha_pos_frac": 0.5181818181818182,
+  "fund_max_dd": -0.3522679178989334,
+  "first": "2017-01-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.66, ivv +0.39, vnq -0.04",
+  "ref_full": "qqq +0.66, ivv +0.35, iwm +0.04, vnq -0.04, tlt +0.06, vmbix -0.11"
+ },
+ "czmsx": {
+  "sym": "czmsx",
+  "name": "Multi-Manager Small Cap Equity Strategies Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.022182280666732963,
+  "alpha_t_5y": -1.5308287393494295,
+  "alpha_t_full": -0.8221323564584396,
+  "r2_5y": 0.9742826780320858,
+  "r2_full": 0.9776003352674115,
+  "corr_portfolio": 0.2651823518503439,
+  "corr_benchmark": 0.5719735967346525,
+  "alpha_pos_frac": 0.5272727272727272,
+  "fund_max_dd": -0.4156571769366513,
+  "first": "2017-01-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": true,
+  "ref_5y": "iwm +0.87, vnq +0.01, gld -0.03, ivv +0.27, qqq -0.15",
+  "ref_full": "iwm +0.89, ivv +0.22, qqq -0.10, gld -0.03"
+ },
+ "czmvx": {
+  "sym": "czmvx",
+  "name": "Multi-Manager Value Strategies Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0014217325549786266,
+  "alpha_t_5y": -0.09290179061095917,
+  "alpha_t_full": 0.37888391633902446,
+  "r2_5y": 0.9385434772190683,
+  "r2_full": 0.9581989791119522,
+  "corr_portfolio": 0.388798668971174,
+  "corr_benchmark": 0.5577091562530161,
+  "alpha_pos_frac": 0.5181818181818182,
+  "fund_max_dd": -0.37423219651958606,
+  "first": "2017-01-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": true,
+  "ref_5y": "ivv +1.35, qqq -0.64, iwm +0.15, gsg +0.04, vea +0.09, gld -0.03",
+  "ref_full": "ivv +1.29, qqq -0.53, iwm +0.13, gsg +0.02, ief -0.09, efa +0.06"
+ },
+ "dagvx": {
+  "sym": "dagvx",
+  "name": "BNY Mellon Dynamic Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.04195167545398709,
+  "alpha_t_5y": 2.129069270523899,
+  "alpha_t_full": 1.997016057494682,
+  "r2_5y": 0.9102458053084723,
+  "r2_full": 0.9494626017704948,
+  "corr_portfolio": 0.3990619591523295,
+  "corr_benchmark": 0.5025180335739345,
+  "alpha_pos_frac": 0.4663677130044843,
+  "fund_max_dd": -0.550402249445293,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.42, qqq -0.68, iwm +0.21, djp +0.06, vnq -0.09, vea +0.10",
+  "ref_full": "ivv +1.08, qqq -0.38, iwm +0.20, gsg +0.04, tlt -0.07, efa +0.09"
+ },
+ "davpx": {
+  "sym": "davpx",
+  "name": "Davenport Core Leaders Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02265915600987152,
+  "alpha_t_5y": -1.3506869389054084,
+  "alpha_t_full": -0.9009198378626633,
+  "r2_5y": 0.9415174203764517,
+  "r2_full": 0.9660196842860197,
+  "corr_portfolio": 0.26715307721690285,
+  "corr_benchmark": 0.6143301770940472,
+  "alpha_pos_frac": 0.4708171206225681,
+  "fund_max_dd": -0.5180554947853084,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.93, vnq +0.04",
+  "ref_full": "ivv +0.88, efa +0.04, vweax +0.05, qqq +0.02"
+ },
+ "dbalx": {
+  "sym": "dbalx",
+  "name": "Davenport Balanced Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010263711884753935,
+  "alpha_t_5y": -0.8751554613934291,
+  "alpha_t_full": -0.5889934401275791,
+  "r2_5y": 0.8943620045110944,
+  "r2_full": 0.926583002442523,
+  "corr_portfolio": 0.3587815708726959,
+  "corr_benchmark": 0.6230696546604301,
+  "alpha_pos_frac": 0.6065573770491803,
+  "fund_max_dd": -0.2788811818902781,
+  "first": "2016-01-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.08, vnq +0.09, efa +0.08, ivv +0.61, qqq -0.32, ief +0.13",
+  "ref_full": "ivv +0.61, qqq -0.29, vnq +0.07, vea +0.08, agg +0.15, iwm +0.07"
+ },
+ "dbicx": {
+  "sym": "dbicx",
+  "name": "DWS Global Macro Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.023485956820961253,
+  "alpha_t_5y": -2.0428624640575643,
+  "alpha_t_full": -1.1794181059162892,
+  "r2_5y": 0.8441870030381591,
+  "r2_full": 0.8388010672394614,
+  "corr_portfolio": 0.30334616811530735,
+  "corr_benchmark": 0.5034606122491824,
+  "alpha_pos_frac": 0.6053811659192825,
+  "fund_max_dd": -0.6394527499376437,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "vea +0.05, gld +0.09, ivv +0.13, agg +0.12, djp -0.03, efa +0.17",
+  "ref_full": "efa +0.50, vwo +0.14, gsg +0.03, fxe +0.13, fxy -0.09, vnq +0.02"
+ },
+ "dbmix": {
+  "sym": "dbmix",
+  "name": "BNY Mellon Bond Market Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00707717093729227,
+  "alpha_t_5y": -1.540436611856069,
+  "alpha_t_full": -1.4803089998334498,
+  "r2_5y": 0.965292380873764,
+  "r2_full": 0.8707998800046651,
+  "corr_portfolio": -0.11772772706375804,
+  "corr_benchmark": 0.6890964385787227,
+  "alpha_pos_frac": 0.4797687861271676,
+  "fund_max_dd": -0.19381479613484698,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.03, vblix +0.29, ief +0.39, tlt -0.14, vmbix +0.17, vweax +0.05",
+  "ref_full": "ief +0.41, vweax +0.16, agg +0.11, vnq +0.01, tlt +0.05, fxy +0.02"
+ },
+ "dboax": {
+  "sym": "dboax",
+  "name": "BNY Mellon Balanced Opportunity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010722599720699447,
+  "alpha_t_5y": -1.093517668153606,
+  "alpha_t_full": -2.202282959642518,
+  "r2_5y": 0.9607984554299654,
+  "r2_full": 0.9665632919028504,
+  "corr_portfolio": 0.26024753055931127,
+  "corr_benchmark": 0.6806589105482995,
+  "alpha_pos_frac": 0.5474137931034483,
+  "fund_max_dd": -0.42425501582744496,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.53, agg +0.35, iwm +0.09, vwo +0.04, vnq -0.04, djp +0.02",
+  "ref_full": "ivv +0.53, agg +0.12, iwm +0.09, efa +0.06, gsg +0.02, ief +0.09"
+ },
+ "dccax": {
+  "sym": "dccax",
+  "name": "Nomura Small Cap Core Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007281274436896146,
+  "alpha_t_5y": 0.3987638720111437,
+  "alpha_t_full": 0.2217304137438584,
+  "r2_5y": 0.9572702511843761,
+  "r2_full": 0.9461799498691109,
+  "corr_portfolio": 0.2797211782632119,
+  "corr_benchmark": 0.5305667684501791,
+  "alpha_pos_frac": 0.6470588235294118,
+  "fund_max_dd": -0.6033743954451982,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.86, vnq +0.09, gld -0.05",
+  "ref_full": "iwm +0.88, ivv +0.20, qqq -0.08, vwo -0.04, ief -0.18, agg +0.20"
+ },
+ "dcpyx": {
+  "sym": "dcpyx",
+  "name": "BNY Mellon Core Plus Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.001962536645891677,
+  "alpha_t_5y": -0.3835461627237579,
+  "alpha_t_full": -0.608585835243655,
+  "r2_5y": 0.9536744073113418,
+  "r2_full": 0.8733519068805812,
+  "corr_portfolio": -0.016272728918928288,
+  "corr_benchmark": 0.7194908855328394,
+  "alpha_pos_frac": 0.4682080924855491,
+  "fund_max_dd": -0.1900828860903102,
+  "first": "2010-12-07",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg -0.03, vweax +0.14, vblix +0.42, ief +0.26, tlt -0.20, vmbix +0.20",
+  "ref_full": "agg +0.18, vweax +0.32, ief +0.16, vmbix +0.25, tlt +0.05, qqq -0.01"
+ },
+ "dcsvx": {
+  "sym": "dcsvx",
+  "name": "Dunham Small Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.021359685429928554,
+  "alpha_t_5y": 0.8195228314755193,
+  "alpha_t_full": 0.0744577856574391,
+  "r2_5y": 0.9093333023414917,
+  "r2_full": 0.934972252032386,
+  "corr_portfolio": 0.3618114563621494,
+  "corr_benchmark": 0.4841282647698109,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.6282930510334706,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.80, qqq -0.53, ivv +0.73, ief -0.08",
+  "ref_full": "iwm +0.85, vnq +0.05, qqq -0.31, ivv +0.36, gld -0.04, djp +0.02"
+ },
+ "dcuax": {
+  "sym": "dcuax",
+  "name": "DWS CROCI U.S. Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.010904524273579932,
+  "alpha_t_5y": 0.4229475219423742,
+  "alpha_t_full": -0.873072277461374,
+  "r2_5y": 0.8518834654909513,
+  "r2_full": 0.8839855539672946,
+  "corr_portfolio": 0.3561586474358129,
+  "corr_benchmark": 0.5562405727503742,
+  "alpha_pos_frac": 0.48854961832061067,
+  "fund_max_dd": -0.4190938206412135,
+  "first": "2015-04-13",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.10, qqq -0.34, iwm +0.16",
+  "ref_full": "ivv +1.18, qqq -0.41, iwm +0.16, efa +0.05"
+ },
+ "dddax": {
+  "sym": "dddax",
+  "name": "13D Activist Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02157888345162921,
+  "alpha_t_5y": -0.5838116799001137,
+  "alpha_t_full": 0.19287617668332585,
+  "r2_5y": 0.8054115257359625,
+  "r2_full": 0.8455854487598768,
+  "corr_portfolio": 0.29151716718119575,
+  "corr_benchmark": 0.5391288980619449,
+  "alpha_pos_frac": 0.5588235294117647,
+  "fund_max_dd": -0.43831314666523946,
+  "first": "2012-01-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.61, ivv +0.47, qqq -0.18, vweax +0.18",
+  "ref_full": "iwm +0.58, ivv +0.37, qqq -0.13, vea +0.12, vweax +0.17, gld -0.03"
+ },
+ "ddfax": {
+  "sym": "ddfax",
+  "name": "Nomura Floating Rate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.020546697003385246,
+  "alpha_t_5y": 2.5038333645230635,
+  "alpha_t_full": 1.441704471429834,
+  "r2_5y": 0.43691504039732154,
+  "r2_full": 0.45121696592696137,
+  "corr_portfolio": 0.2782139573064615,
+  "corr_benchmark": 0.21449920370657755,
+  "alpha_pos_frac": 0.4375,
+  "fund_max_dd": -0.1808905013062625,
+  "first": "2010-03-01",
+  "verdict": "alpha in 5y window, but not persistent (lucky stretch?)",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.44, vmbix -0.10, iwm -0.02",
+  "ref_full": "vweax +0.40, vmbix -0.09, vnq +0.01, qqq -0.01"
+ },
+ "ddiax": {
+  "sym": "ddiax",
+  "name": "Nomura Wealth Builder Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00610685924085941,
+  "alpha_t_5y": 0.673421146659033,
+  "alpha_t_full": -1.7319610477411351,
+  "r2_5y": 0.9567782418023651,
+  "r2_full": 0.9391972885794158,
+  "corr_portfolio": 0.3564902135728801,
+  "corr_benchmark": 0.6459200073292477,
+  "alpha_pos_frac": 0.517948717948718,
+  "fund_max_dd": -0.47216419966393997,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.60, iwm +0.09, vmbix +0.17, qqq -0.17, vea +0.09, vweax +0.10",
+  "ref_full": "ivv +0.53, vweax +0.28, vnq +0.05, qqq -0.11, iwm +0.07, agg +0.08"
+ },
+ "ddvax": {
+  "sym": "ddvax",
+  "name": "Nomura Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.029133528261048574,
+  "alpha_t_5y": -1.2898601616098588,
+  "alpha_t_full": -0.2292283788157841,
+  "r2_5y": 0.8616841615630201,
+  "r2_full": 0.8873439058345787,
+  "corr_portfolio": 0.3988104415560527,
+  "corr_benchmark": 0.5172182781884438,
+  "alpha_pos_frac": 0.5680933852140078,
+  "fund_max_dd": -0.5373544319118111,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.52, qqq -0.77, iwm +0.12, vnq +0.05",
+  "ref_full": "ivv +1.16, qqq -0.41, iwm +0.07, vweax +0.09, fxy -0.04, efa +0.03"
+ },
+ "dedax": {
+  "sym": "dedax",
+  "name": "Nomura Emerging Markets Debt Corporate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0024809662626143693,
+  "alpha_t_5y": -0.2497666014946063,
+  "alpha_t_full": 1.4142443716657733,
+  "r2_5y": 0.47612396450229877,
+  "r2_full": 0.5073711328025495,
+  "corr_portfolio": 0.2547809871673848,
+  "corr_benchmark": 0.4115065436045657,
+  "alpha_pos_frac": 0.5771812080536913,
+  "fund_max_dd": -0.20320790845836378,
+  "first": "2013-10-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.28, vblix +0.19, vwo +0.04, qqq -0.03, tlt -0.09",
+  "ref_full": "vweax +0.37, vblix +0.23, vwo +0.05, qqq -0.03, tlt -0.12"
+ },
+ "deeax": {
+  "sym": "deeax",
+  "name": "Nomura Extended Duration Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008741689518610945,
+  "alpha_t_5y": -1.0016337214338766,
+  "alpha_t_full": 0.04410081301441336,
+  "r2_5y": 0.9667255056831693,
+  "r2_full": 0.850075924290316,
+  "corr_portfolio": -0.03530938114328294,
+  "corr_benchmark": 0.737169557947635,
+  "alpha_pos_frac": 0.4393063583815029,
+  "fund_max_dd": -0.3467735164930591,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.94, vweax +0.23, ief -0.42, agg +0.28, efa +0.01",
+  "ref_full": "tlt +0.55, vweax +0.55, agg +0.16, efa +0.02, fxy +0.02"
+ },
+ "deffx": {
+  "sym": "deffx",
+  "name": "Nomura Tax-Free Minnesota Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014482191063571027,
+  "alpha_t_5y": -0.9640269888506026,
+  "alpha_t_full": 0.49078863389521304,
+  "r2_5y": 0.3685503816872153,
+  "r2_full": 0.24910691164736753,
+  "corr_portfolio": 0.0347045108061029,
+  "corr_benchmark": 0.33993463840610777,
+  "alpha_pos_frac": 0.5780346820809249,
+  "fund_max_dd": -0.14700191331347756,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.28, vweax +0.33, ivv -0.08, vnq +0.03, tlt -0.17, vmbix +0.09",
+  "ref_full": "agg +0.08, vweax +0.24, ief +0.09, fxy +0.03, gsg -0.01"
+ },
+ "deggx": {
+  "sym": "deggx",
+  "name": "Nomura Strategic Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.001462236823471043,
+  "alpha_t_5y": -0.1776219927607692,
+  "alpha_t_full": 1.3208173385962645,
+  "r2_5y": 0.7507190219630245,
+  "r2_full": 0.6315125875089638,
+  "corr_portfolio": 0.16807549200539695,
+  "corr_benchmark": 0.5578936077181569,
+  "alpha_pos_frac": 0.4262948207171315,
+  "fund_max_dd": -0.1679588222682863,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.55, ief +0.18, vwo +0.02, qqq -0.01",
+  "ref_full": "ief +0.34, vweax +0.38, fxy +0.02, vnq +0.01"
+ },
+ "delix": {
+  "sym": "delix",
+  "name": "Nomura Tax-Free Pennsylvania Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00588614703126202,
+  "alpha_t_5y": -0.3437830957732348,
+  "alpha_t_full": 0.6925448019258857,
+  "r2_5y": 0.39715601351437546,
+  "r2_full": 0.26027135826983006,
+  "corr_portfolio": 0.03155382856600083,
+  "corr_benchmark": 0.35795300442927824,
+  "alpha_pos_frac": 0.5895953757225434,
+  "fund_max_dd": -0.17299409643230312,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.42, vblix +0.28, ivv -0.10, vnq +0.03, tlt -0.16, vmbix +0.11",
+  "ref_full": "agg +0.08, vweax +0.27, ief +0.12, gsg -0.01, fxy +0.04, vnq +0.01"
+ },
+ "demax": {
+  "sym": "demax",
+  "name": "Nomura Emerging Markets Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.08240095802113384,
+  "alpha_t_5y": 1.0503901066635293,
+  "alpha_t_full": 0.8015690507899779,
+  "r2_5y": 0.6136498607651306,
+  "r2_full": 0.7252662321510253,
+  "corr_portfolio": 0.24401351630599663,
+  "corr_benchmark": 0.40265047451725144,
+  "alpha_pos_frac": 0.4125560538116592,
+  "fund_max_dd": -0.6322706754654585,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.78, qqq +0.10, vnq -0.22, vea +4.12, efa -3.58, fxe -0.46",
+  "ref_full": "vwo +0.70, qqq +0.17, vweax +0.46, vnq -0.11, iwm +0.09, gld +0.05"
+ },
+ "deopx": {
+  "sym": "deopx",
+  "name": "Davenport Equity Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03796110140415165,
+  "alpha_t_5y": -1.1940461257837458,
+  "alpha_t_full": -0.4603899770139832,
+  "r2_5y": 0.8392634399908614,
+  "r2_full": 0.8799004862473265,
+  "corr_portfolio": 0.2572406006709522,
+  "corr_benchmark": 0.6060807106177574,
+  "alpha_pos_frac": 0.5769230769230769,
+  "fund_max_dd": -0.37757335513903734,
+  "first": "2011-01-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.35, ivv +0.62, vnq +0.16, gsg -0.05, qqq -0.15, vweax +0.21",
+  "ref_full": "ivv +0.46, iwm +0.31, vnq +0.12, vweax +0.12, agg +0.11, efa +0.05"
+ },
+ "deqax": {
+  "sym": "deqax",
+  "name": "BNY Mellon Global Equity Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01839334657773953,
+  "alpha_t_5y": 0.9421615214017038,
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+  "r2_5y": 0.8675142240365642,
+  "r2_full": 0.8753980764471258,
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+  "alpha_pos_frac": 0.5136363636363637,
+  "fund_max_dd": -0.5285464529052734,
+  "first": "2007-10-19",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.43, vnq +0.06, ivv +0.68, qqq -0.39, vwo +0.06",
+  "ref_full": "efa +0.25, ivv +0.39, qqq -0.16, vweax +0.23, vwo +0.06, vea +0.19"
+ },
+ "dessx": {
+  "sym": "dessx",
+  "name": "DWS Enhanced Core Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "r2_full": 0.9466392454979196,
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+  "alpha_pos_frac": 0.5748987854251012,
+  "fund_max_dd": -0.5821335574744276,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.94, iwm +0.06",
+  "ref_full": "ivv +0.86, iwm +0.16, djp +0.05, qqq -0.05, vweax +0.10, tlt -0.02"
+ },
+ "devlx": {
+  "sym": "devlx",
+  "name": "Nomura Small Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.011746527350398871,
+  "alpha_t_5y": 0.44792355987583016,
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+  "corr_benchmark": 0.47796694714956156,
+  "alpha_pos_frac": 0.48878923766816146,
+  "fund_max_dd": -0.6008127858495343,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.75, qqq -0.60, ivv +0.86, ief -0.12, gld -0.05, vea +0.09",
+  "ref_full": "iwm +0.81, efa +0.01, qqq -0.35, ivv +0.50, ief -0.26, agg +0.23"
+ },
+ "dfac": {
+  "sym": "dfac",
+  "name": "Dimensional U.S. Core Equity 2 ETF",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_pos_frac": 0.5087719298245614,
+  "fund_max_dd": -0.23113958654472233,
+  "first": "2021-06-15",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.95, iwm +0.24, qqq -0.19, vnq -0.03, fxy -0.03, vea +0.02",
+  "ref_full": "ivv +0.95, iwm +0.24, qqq -0.19, vnq -0.03, fxy -0.03, vea +0.02"
+ },
+ "dfas": {
+  "sym": "dfas",
+  "name": "Dimensional U.S. Small Cap ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017029241306224487,
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+  "alpha_pos_frac": 0.47368421052631576,
+  "fund_max_dd": -0.26129853679353865,
+  "first": "2021-06-15",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.84, gld -0.04, efa +0.04, qqq -0.30, ivv +0.48, vnq -0.04",
+  "ref_full": "iwm +0.84, gld -0.04, efa +0.04, qqq -0.30, ivv +0.48, vnq -0.04"
+ },
+ "dfat": {
+  "sym": "dfat",
+  "name": "Dimensional U.S. Targeted Value ETF",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "corr_benchmark": 0.5209493781776272,
+  "alpha_pos_frac": 0.47368421052631576,
+  "fund_max_dd": -0.26116933725218905,
+  "first": "2021-06-15",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.84, qqq -0.54, ivv +0.75, ief -0.09, gsg +0.05, gld -0.06",
+  "ref_full": "iwm +0.84, qqq -0.54, ivv +0.75, ief -0.09, gsg +0.05, gld -0.06"
+ },
+ "dfeox": {
+  "sym": "dfeox",
+  "name": "U.S. CORE EQUITY 1 PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005604383697114176,
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+  "r2_5y": 0.9915839007270397,
+  "r2_full": 0.9641166448009733,
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+  "corr_benchmark": 0.5665994340119563,
+  "alpha_pos_frac": 0.5276595744680851,
+  "fund_max_dd": -0.5677201057180712,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.98, iwm +0.20, qqq -0.15, vnq -0.02, gsg +0.01, gld -0.01",
+  "ref_full": "ivv +0.68, iwm +0.25, agg -0.13, djp +0.02, efa +0.03"
+ },
+ "dffvx": {
+  "sym": "dffvx",
+  "name": "U.S. Targeted Value Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.05007541865355011,
+  "alpha_t_5y": 1.948369240084384,
+  "alpha_t_full": 1.8221760212377778,
+  "r2_5y": 0.9204343389612911,
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+  "corr_benchmark": 0.4342961375901443,
+  "alpha_pos_frac": 0.4553191489361702,
+  "fund_max_dd": -0.6513103748708418,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.84, qqq -0.60, ivv +0.82, ief -0.12, gsg +0.05, gld -0.05",
+  "ref_full": "iwm +0.93, qqq -0.33, ivv +0.39, agg -0.17, gsg +0.05, gld -0.04"
+ },
+ "dflax": {
+  "sym": "dflax",
+  "name": "BNY Mellon Floating Rate Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.021292720827850147,
+  "alpha_t_5y": 3.399155041686629,
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+  "r2_full": 0.5027221656368749,
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+  "corr_benchmark": 0.24736221127793148,
+  "alpha_pos_frac": 0.4899328859060403,
+  "fund_max_dd": -0.1895822666532624,
+  "first": "2013-09-30",
+  "verdict": "alpha, but correlated with current portfolio",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.19, ief -0.09, vwo +0.02, tlt +0.03",
+  "ref_full": "vweax +0.36, vmbix -0.14, vnq +0.01, qqq -0.04, ivv +0.05, vblix +0.02"
+ },
+ "dflex": {
+  "sym": "dflex",
+  "name": "DoubleLine Flexible Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0066841338000798835,
+  "alpha_t_5y": 1.2734082749904803,
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+  "r2_5y": 0.5630080382336304,
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+  "corr_portfolio": 0.16057088019139903,
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+  "alpha_pos_frac": 0.6013986013986014,
+  "fund_max_dd": -0.172953786181673,
+  "first": "2014-04-10",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.09, vweax +0.13, ief +0.09, tlt -0.02, gld +0.01",
+  "ref_full": "vweax +0.27, ief +0.10, fxy +0.03, agg -0.11, vnq +0.01, vblix +0.03"
+ },
+ "dfqtx": {
+  "sym": "dfqtx",
+  "name": "U.S. CORE EQUITY 2 PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0069059879502230285,
+  "alpha_t_5y": 0.8887691681305152,
+  "alpha_t_full": 0.960009556200298,
+  "r2_5y": 0.988085865797183,
+  "r2_full": 0.9605486264878871,
+  "corr_portfolio": 0.31206193350712147,
+  "corr_benchmark": 0.5533855720079288,
+  "alpha_pos_frac": 0.5201793721973094,
+  "fund_max_dd": -0.5935120770438427,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.98, iwm +0.24, qqq -0.21, vnq -0.03, ief -0.03, vea +0.02",
+  "ref_full": "ivv +0.72, iwm +0.32, qqq -0.08, agg -0.15, djp +0.02, efa +0.04"
+ },
+ "dfrex": {
+  "sym": "dfrex",
+  "name": "DFA REAL ESTATE SECURITIES PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007401056990829028,
+  "alpha_t_5y": 1.100213296096211,
+  "alpha_t_full": 0.6412481343148015,
+  "r2_5y": 0.9924545860484144,
+  "r2_full": 0.9766360045614783,
+  "corr_portfolio": 0.22431609337800076,
+  "corr_benchmark": 0.5390872797266717,
+  "alpha_pos_frac": 0.43352601156069365,
+  "fund_max_dd": -0.7435856892153729,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +1.04, iwm -0.05, vblix -0.02",
+  "ref_full": "vnq +1.03, agg -0.45, ief +0.16, iwm -0.02, fxe +0.05, tlt +0.04"
+ },
+ "dfstx": {
+  "sym": "dfstx",
+  "name": "U.S. SMALL CAP PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0251336997760011,
+  "alpha_t_5y": 1.5402598695875698,
+  "alpha_t_full": 1.4158351730072087,
+  "r2_5y": 0.9648491236080019,
+  "r2_full": 0.9479462081303421,
+  "corr_portfolio": 0.30651412729276556,
+  "corr_benchmark": 0.4844811662416213,
+  "alpha_pos_frac": 0.48627450980392156,
+  "fund_max_dd": -0.609940920452767,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.83, qqq -0.35, ivv +0.57, vnq -0.05, gld -0.03",
+  "ref_full": "iwm +0.93, agg -0.17, qqq -0.11, ivv +0.14"
+ },
+ "dfsvx": {
+  "sym": "dfsvx",
+  "name": "U.S. SMALL CAP VALUE PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0585692108090555,
+  "alpha_t_5y": 2.1656692617292665,
+  "alpha_t_full": 1.7260805162172985,
+  "r2_5y": 0.9121595549870158,
+  "r2_full": 0.9222040852777844,
+  "corr_portfolio": 0.3541278112011921,
+  "corr_benchmark": 0.425867242120258,
+  "alpha_pos_frac": 0.44680851063829785,
+  "fund_max_dd": -0.6670292066979779,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.87, qqq -0.68, ivv +0.94, vnq -0.09, gsg +0.06, gld -0.06",
+  "ref_full": "iwm +1.00, qqq -0.32, ivv +0.30, agg -0.22, gsg +0.05, gld -0.03"
+ },
+ "dfusx": {
+  "sym": "dfusx",
+  "name": "U.S. LARGE COMPANY PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0007313456834199563,
+  "alpha_t_5y": 0.14257333721468637,
+  "alpha_t_full": 0.13172346141568536,
+  "r2_5y": 0.9946896360368881,
+  "r2_full": 0.9917422620559331,
+  "corr_portfolio": 0.28268444464424947,
+  "corr_benchmark": 0.6152884362612918,
+  "alpha_pos_frac": 0.5372168284789643,
+  "fund_max_dd": -0.5495964160160751,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.96, qqq +0.02, iwm +0.01",
+  "ref_full": "ivv +0.95, vnq +0.01, qqq +0.03, efa +0.01, ief -0.05, agg +0.04"
+ },
+ "dfvex": {
+  "sym": "dfvex",
+  "name": "U.S. VECTOR EQUITY PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01064461681015462,
+  "alpha_t_5y": 0.7539045031243354,
+  "alpha_t_full": 1.0702613071882248,
+  "r2_5y": 0.9661535975423905,
+  "r2_full": 0.9505986742354414,
+  "corr_portfolio": 0.34908907495294184,
+  "corr_benchmark": 0.49565547725828896,
+  "alpha_pos_frac": 0.4851063829787234,
+  "fund_max_dd": -0.6271446828981191,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.50, ivv +1.03, qqq -0.46, vnq -0.05, gsg +0.02, ief -0.07",
+  "ref_full": "iwm +0.59, ivv +0.59, qqq -0.23, agg -0.18, gsg +0.03, efa +0.05"
+ },
+ "dgagx": {
+  "sym": "dgagx",
+  "name": "BNY Mellon Appreciation Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.047463299774837354,
+  "alpha_t_5y": -2.954056960319174,
+  "alpha_t_full": -1.1913515069658158,
+  "r2_5y": 0.9472472250800732,
+  "r2_full": 0.9546511739156285,
+  "corr_portfolio": 0.2534308050139968,
+  "corr_benchmark": 0.619725330700004,
+  "alpha_pos_frac": 0.5336322869955157,
+  "fund_max_dd": -0.4880058138124963,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.01, iwm -0.09, efa +0.36, vea -0.28",
+  "ref_full": "ivv +0.98, iwm -0.10, efa +0.09, vnq -0.04, agg +0.10, gsg +0.02"
+ },
+ "dgcax": {
+  "sym": "dgcax",
+  "name": "Nomura Corporate Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011326313732950533,
+  "alpha_t_5y": -1.9551970225969868,
+  "alpha_t_full": 0.22970330607099773,
+  "r2_5y": 0.9524938977651123,
+  "r2_full": 0.7643537066512229,
+  "corr_portfolio": 0.02335937417244287,
+  "corr_benchmark": 0.7199018585340871,
+  "alpha_pos_frac": 0.4913294797687861,
+  "fund_max_dd": -0.23176997002078337,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.62, vweax +0.22, tlt -0.26, ief +0.12, agg +0.14",
+  "ref_full": "ief +0.29, vweax +0.44, tlt +0.13, agg +0.12, efa +0.01, fxy +0.02"
+ },
+ "dgeax": {
+  "sym": "dgeax",
+  "name": "BNY Mellon Global Emerging Markets Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04926404829621898,
+  "alpha_t_5y": -1.2603915594169954,
+  "alpha_t_full": -0.21610706578426717,
+  "r2_5y": 0.7255620401041487,
+  "r2_full": 0.7538605255496652,
+  "corr_portfolio": 0.25101831558617815,
+  "corr_benchmark": 0.4478041964688626,
+  "alpha_pos_frac": 0.43448275862068964,
+  "fund_max_dd": -0.4321532826724248,
+  "first": "2014-02-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.69, qqq +0.14, fxy -0.10, vweax +0.22",
+  "ref_full": "vwo +0.63, qqq +0.16, vweax +0.38, agg -0.15"
+ },
+ "dglax": {
+  "sym": "dglax",
+  "name": "BNY Mellon Global Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04902693884323747,
+  "alpha_t_5y": -2.2522158700878396,
+  "alpha_t_full": -0.6678292123022067,
+  "r2_5y": 0.8957935346466646,
+  "r2_full": 0.9070273483512833,
+  "corr_portfolio": 0.26884547636106726,
+  "corr_benchmark": 0.6140940047720933,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.4388489535023249,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.68, efa +0.79, vea -0.56, ief +0.10, vwo +0.05, gsg -0.02",
+  "ref_full": "ivv +0.43, efa +0.37, qqq +0.09, vweax +0.15, vnq -0.04, ief +0.10"
+ },
+ "dhgax": {
+  "sym": "dhgax",
+  "name": "BNY Mellon Global Fixed Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006047702703677517,
+  "alpha_t_5y": -0.7451635433263645,
+  "alpha_t_full": 0.08222033156281877,
+  "r2_5y": 0.7443955996981846,
+  "r2_full": 0.6379065742317279,
+  "corr_portfolio": 0.018443089889281766,
+  "corr_benchmark": 0.6402274363526256,
+  "alpha_pos_frac": 0.46153846153846156,
+  "fund_max_dd": -0.14846417880357787,
+  "first": "2009-12-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.16, vweax +0.16, ief +0.27, qqq -0.01",
+  "ref_full": "agg +0.17, vweax +0.19, ief +0.15, vmbix +0.10, fxe -0.03, gld +0.01"
+ },
+ "dhlax": {
+  "sym": "dhlax",
+  "name": "Diamond Hill Large Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02576607292642245,
+  "alpha_t_5y": -1.1632429239098836,
+  "alpha_t_full": 0.6835726560619579,
+  "r2_5y": 0.8876505165402734,
+  "r2_full": 0.9334019503142316,
+  "corr_portfolio": 0.37413884182690993,
+  "corr_benchmark": 0.5287589483814468,
+  "alpha_pos_frac": 0.5333333333333333,
+  "fund_max_dd": -0.5221163952892658,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.37, qqq -0.67, iwm +0.14, vnq +0.09, gld -0.05, efa +0.08",
+  "ref_full": "ivv +1.10, qqq -0.35, iwm +0.12, gsg +0.04, efa +0.07, gld -0.03"
+ },
+ "dhmbx": {
+  "sym": "dhmbx",
+  "name": "BNY Mellon High Yield Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012405279579343866,
+  "alpha_t_5y": -0.6518926789551776,
+  "alpha_t_full": -0.16321871489368323,
+  "r2_5y": 0.3919567294225831,
+  "r2_full": 0.30598052300549905,
+  "corr_portfolio": 0.06541736603955979,
+  "corr_benchmark": 0.3439629956282137,
+  "alpha_pos_frac": 0.5895953757225434,
+  "fund_max_dd": -0.27661284244412654,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.50, vblix +0.34, ivv -0.10, vnq +0.04, tlt -0.17",
+  "ref_full": "vweax +0.43, ief +0.08, fxy +0.05, agg +0.14, efa -0.04, vnq +0.02"
+ },
+ "dhtax": {
+  "sym": "dhtax",
+  "name": "Diamond Hill Select Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0170122182865699,
+  "alpha_t_5y": 0.48178655913890023,
+  "alpha_t_full": 0.8156989833946058,
+  "r2_5y": 0.835628536664707,
+  "r2_full": 0.8848858163301434,
+  "corr_portfolio": 0.34241889613018117,
+  "corr_benchmark": 0.5103401976028332,
+  "alpha_pos_frac": 0.4834710743801653,
+  "fund_max_dd": -0.5142129870665421,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.50, ivv +1.14, qqq -0.57, gld -0.07, vweax +0.33, ief -0.11",
+  "ref_full": "ivv +0.90, iwm +0.41, qqq -0.35, vnq -0.07, vweax +0.18, efa +0.05"
+ },
+ "dial": {
+  "sym": "dial",
+  "name": "Columbia Diversified Fixed Income Allocation ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008472122832099215,
+  "alpha_t_5y": -0.8612328106031648,
+  "alpha_t_full": -0.07248144168356299,
+  "r2_5y": 0.8817991175775783,
+  "r2_full": 0.657556804484994,
+  "corr_portfolio": 0.051727050486643424,
+  "corr_benchmark": 0.6713931743073369,
+  "alpha_pos_frac": 0.48,
+  "fund_max_dd": -0.22186745794811102,
+  "first": "2017-10-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.78, vweax +0.31, efa +0.03, ivv +0.06, fxe +0.05, fxy +0.03",
+  "ref_full": "vmbix +0.38, vweax +0.41, agg +0.08, fxe +0.12, vnq +0.05, vblix +0.12"
+ },
+ "dibax": {
+  "sym": "dibax",
+  "name": "BNY Mellon International Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01259806932538996,
+  "alpha_t_5y": -0.9831589271990273,
+  "alpha_t_full": 1.6734154896923896,
+  "r2_5y": 0.8251637472553073,
+  "r2_full": 0.7509580959587372,
+  "corr_portfolio": 0.06975656000439666,
+  "corr_benchmark": 0.414924029102727,
+  "alpha_pos_frac": 0.4349775784753363,
+  "fund_max_dd": -0.3099498897274241,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "fxe +0.42, fxy +0.26, vweax +0.22, ief +0.18, vea +0.07, ivv -0.04",
+  "ref_full": "fxe +0.38, fxy +0.29, vweax +0.22, ief +0.12, efa +0.03, gld +0.02"
+ },
+ "difax": {
+  "sym": "difax",
+  "name": "MFS Diversified Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00010652125991375261,
+  "alpha_t_5y": -0.01520227570030954,
+  "alpha_t_full": -0.47833417237809833,
+  "r2_5y": 0.9369935205716488,
+  "r2_full": 0.9470560160586599,
+  "corr_portfolio": 0.33920779248964134,
+  "corr_benchmark": 0.694429298012178,
+  "alpha_pos_frac": 0.5527426160337553,
+  "fund_max_dd": -0.35241227466974046,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": true,
+  "ref_5y": "vnq +0.14, vweax +0.44, agg +0.26, efa +0.09, qqq -0.07, ivv +0.11",
+  "ref_full": "vnq +0.17, vweax +0.41, efa +0.07, agg +0.16, ivv +0.16, qqq -0.07"
+ },
+ "diisx": {
+  "sym": "diisx",
+  "name": "BNY Mellon International Stock Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00817060674683571,
+  "alpha_t_5y": 0.44051575562892253,
+  "alpha_t_full": -0.7086046288958919,
+  "r2_5y": 0.9222021397670954,
+  "r2_full": 0.9002604574502526,
+  "corr_portfolio": 0.38436017062138594,
+  "corr_benchmark": 0.5241935899711841,
+  "alpha_pos_frac": 0.512396694214876,
+  "fund_max_dd": -0.605981406407339,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.87, fxe +0.13, vweax +0.23, vnq -0.02, vwo +0.04, iwm -0.03",
+  "ref_full": "efa +0.82, vweax +0.37, vnq -0.05, fxe +0.08, vwo +0.03"
+ },
+ "disax": {
+  "sym": "disax",
+  "name": "BNY Mellon International Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06879105865542176,
+  "alpha_t_5y": -2.45654506057856,
+  "alpha_t_full": -0.5152405761696353,
+  "r2_5y": 0.834164218167567,
+  "r2_full": 0.8520969012487281,
+  "corr_portfolio": 0.2685181245126496,
+  "corr_benchmark": 0.5536056275775565,
+  "alpha_pos_frac": 0.591304347826087,
+  "fund_max_dd": -0.45847016832989185,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.72, qqq +0.15, vweax +0.33, fxe +0.16, iwm -0.07",
+  "ref_full": "efa +0.67, vweax +0.29, fxy +0.13, qqq +0.12, iwm -0.08, vwo +0.04"
+ },
+ "dissx": {
+  "sym": "dissx",
+  "name": "BNY Mellon Smallcap Stock Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.013132932614346367,
+  "alpha_t_5y": 0.6540886415085861,
+  "alpha_t_full": 1.2673666568827484,
+  "r2_5y": 0.9512186181969386,
+  "r2_full": 0.9669723237844563,
+  "corr_portfolio": 0.30841779164833555,
+  "corr_benchmark": 0.5162245215448675,
+  "alpha_pos_frac": 0.48627450980392156,
+  "fund_max_dd": -0.5829664061874964,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.92, qqq -0.30, ivv +0.39, gld -0.04",
+  "ref_full": "iwm +0.95, qqq -0.13, ivv +0.16, vnq +0.02, gld -0.02, vwo -0.02"
+ },
+ "ditex": {
+  "sym": "ditex",
+  "name": "BNY Mellon Intermediate Municipal Bond Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01568815703470744,
+  "alpha_t_5y": -1.5746039707823742,
+  "alpha_t_full": 0.8212355936244463,
+  "r2_5y": 0.3747366293481367,
+  "r2_full": 0.27854881613896354,
+  "corr_portfolio": 0.03340548286177864,
+  "corr_benchmark": 0.3403893421352578,
+  "alpha_pos_frac": 0.5265017667844523,
+  "fund_max_dd": -0.11677739954810062,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.32, ief +0.11, ivv -0.04",
+  "ref_full": "vweax +0.23, ief +0.07, fxy +0.03, gsg -0.01, agg +0.07, efa -0.01"
+ },
+ "divhx": {
+  "sym": "divhx",
+  "name": "Cutler Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.012945219842200458,
+  "alpha_t_5y": 0.21023821752702826,
+  "alpha_t_full": 0.20712382328412982,
+  "r2_5y": 0.4469027818553414,
+  "r2_full": 0.4536157705979095,
+  "corr_portfolio": 0.17297900516203735,
+  "corr_benchmark": 0.41060670265789856,
+  "alpha_pos_frac": 0.484375,
+  "fund_max_dd": -0.3315026878953691,
+  "first": "2020-10-29",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.47, qqq -0.71, vwo +0.21",
+  "ref_full": "ivv +1.45, qqq -0.69, vwo +0.21"
+ },
+ "dlhax": {
+  "sym": "dlhax",
+  "name": "Nomura Healthcare Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007991450943147675,
+  "alpha_t_5y": 0.16535454858709453,
+  "alpha_t_full": 2.3198614014673984,
+  "r2_5y": 0.5020380794323404,
+  "r2_full": 0.6919341769339773,
+  "corr_portfolio": 0.22129741856273794,
+  "corr_benchmark": 0.49133203243323836,
+  "alpha_pos_frac": 0.5067873303167421,
+  "fund_max_dd": -0.3464478511220901,
+  "first": "2007-10-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.24, efa +1.36, vea -1.26, vnq +0.11, ivv +0.20, gld +0.06",
+  "ref_full": "ivv +0.43, iwm +0.23, efa +0.17, vnq -0.05, agg +0.13, djp -0.04"
+ },
+ "dlqax": {
+  "sym": "dlqax",
+  "name": "BNY Mellon Large Cap Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03921183330080471,
+  "alpha_t_5y": -2.773541320709123,
+  "alpha_t_full": -2.408961601440196,
+  "r2_5y": 0.9628041929990855,
+  "r2_full": 0.9638688746204088,
+  "corr_portfolio": 0.2684712043554961,
+  "corr_benchmark": 0.5973101938487969,
+  "alpha_pos_frac": 0.543859649122807,
+  "fund_max_dd": -0.6084888570091624,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.96, iwm +0.06, vnq -0.04, fxy -0.04, vwo +0.03",
+  "ref_full": "ivv +0.83, vwo +0.04, qqq +0.09, iwm +0.05, gsg +0.02, fxy -0.04"
+ },
+ "dltrx": {
+  "sym": "dltrx",
+  "name": "Nomura Limited-Term Diversified Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008216369209544508,
+  "alpha_t_5y": -1.649985577336352,
+  "alpha_t_full": 0.18234778368490487,
+  "r2_5y": 0.7110080988860843,
+  "r2_full": 0.5388366206036641,
+  "corr_portfolio": -0.023842928935355934,
+  "corr_benchmark": 0.4670207303004375,
+  "alpha_pos_frac": 0.5549132947976878,
+  "fund_max_dd": -0.0744118782838673,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "agg +0.10, vweax +0.10, tlt -0.20, ief +0.24, vblix +0.17, ivv -0.01",
+  "ref_full": "ief +0.31, vweax +0.11, tlt -0.05, fxy +0.02"
+ },
+ "dmcvx": {
+  "sym": "dmcvx",
+  "name": "BNY Mellon Midcap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02854182144040557,
+  "alpha_t_5y": -1.2902179466203616,
+  "alpha_t_full": 0.4142674523717028,
+  "r2_5y": 0.9076813667630198,
+  "r2_full": 0.9222523544382144,
+  "corr_portfolio": 0.33320416418562776,
+  "corr_benchmark": 0.5308071480829266,
+  "alpha_pos_frac": 0.484304932735426,
+  "fund_max_dd": -0.5831109378408257,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.37, ivv +0.79, qqq -0.36, vea +0.18, fxy -0.08, djp +0.04",
+  "ref_full": "ivv +0.59, iwm +0.42, efa +0.10, qqq -0.13, djp +0.06, tlt -0.05"
+ },
+ "dmszx": {
+  "sym": "dmszx",
+  "name": "Destinations Multi Strategy Alternatives Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.008004294698930266,
+  "alpha_t_5y": 0.8380799715456135,
+  "alpha_t_full": 0.5884969214232527,
+  "r2_5y": 0.5667802960222272,
+  "r2_full": 0.6189922491575603,
+  "corr_portfolio": 0.27114533278059666,
+  "corr_benchmark": 0.4543087195661785,
+  "alpha_pos_frac": 0.46153846153846156,
+  "fund_max_dd": -0.2111802646567632,
+  "first": "2018-07-19",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "iwm +0.10, vweax +0.14, ief -0.04",
+  "ref_full": "iwm +0.09, vweax +0.40, vmbix -0.33, agg +0.22, vwo +0.03, qqq -0.02"
+ },
+ "dmtfx": {
+  "sym": "dmtfx",
+  "name": "Nomura Tax-Free USA Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008826340105176831,
+  "alpha_t_5y": -0.43696301927570685,
+  "alpha_t_full": 0.32345893149837074,
+  "r2_5y": 0.418740787429169,
+  "r2_full": 0.28384409297872804,
+  "corr_portfolio": 0.036736675334167974,
+  "corr_benchmark": 0.382730787321019,
+  "alpha_pos_frac": 0.5780346820809249,
+  "fund_max_dd": -0.2191387404769738,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.11, vweax +0.60, ivv -0.11, vnq +0.04, vmbix +0.12",
+  "ref_full": "vweax +0.33, ief +0.14, agg +0.11, fxy +0.04, gsg -0.02, vnq +0.01"
+ },
+ "dmuax": {
+  "sym": "dmuax",
+  "name": "BNY Mellon AMT-Free Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014489704125983422,
+  "alpha_t_5y": -1.1296018915793893,
+  "alpha_t_full": 0.47972635430834865,
+  "r2_5y": 0.3697786947612277,
+  "r2_full": 0.290376405814316,
+  "corr_portfolio": 0.03746674191228839,
+  "corr_benchmark": 0.3457160976637616,
+  "alpha_pos_frac": 0.5525291828793775,
+  "fund_max_dd": -0.14361555473881005,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.39, ief +0.13, ivv -0.12, vnq +0.03, qqq +0.04",
+  "ref_full": "vweax +0.28, ief +0.08, fxy +0.04, efa -0.03, agg +0.10, vnq +0.01"
+ },
+ "dmusx": {
+  "sym": "dmusx",
+  "name": "Nomura Tax-Free USA Intermediate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015079025626212883,
+  "alpha_t_5y": -1.0856375648768926,
+  "alpha_t_full": 0.38292055080194354,
+  "r2_5y": 0.40461304931178244,
+  "r2_full": 0.2702634270151212,
+  "corr_portfolio": 0.034201496748888525,
+  "corr_benchmark": 0.359683317496382,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.16399318464431345,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.36, vblix +0.31, ivv -0.08, tlt -0.17, vnq +0.03",
+  "ref_full": "agg +0.07, vweax +0.23, ief +0.10, fxy +0.03, gsg -0.01, vnq +0.01"
+ },
+ "dnlax": {
+  "sym": "dnlax",
+  "name": "BNY Mellon Natural Resources Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004336011549994977,
+  "alpha_t_5y": 0.07846921203171128,
+  "alpha_t_full": 0.6906573851696909,
+  "r2_5y": 0.7409288589891423,
+  "r2_full": 0.7969651514656109,
+  "corr_portfolio": 0.40808297282880157,
+  "corr_benchmark": 0.3925872954677195,
+  "alpha_pos_frac": 0.3991031390134529,
+  "fund_max_dd": -0.6914119234571507,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.42, djp +0.62, vea +0.36, ief -0.46, qqq -0.59, ivv +0.78",
+  "ref_full": "efa +0.29, gsg +0.27, iwm +0.36, vwo +0.21, djp +0.22, gld +0.09"
+ },
+ "dnldx": {
+  "sym": "dnldx",
+  "name": "BNY Mellon Active MidCap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.003375192186133802,
+  "alpha_t_5y": 0.18283767555683766,
+  "alpha_t_full": -1.7328030180736762,
+  "r2_5y": 0.9412957154271712,
+  "r2_full": 0.9483876677493629,
+  "corr_portfolio": 0.3173049122582174,
+  "corr_benchmark": 0.5900722027722836,
+  "alpha_pos_frac": 0.5680933852140078,
+  "fund_max_dd": -0.6369021190727286,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.38, ivv +0.69, vnq +0.10, qqq -0.15",
+  "ref_full": "ivv +0.65, iwm +0.35, qqq -0.08, vwo +0.04, vnq +0.03, djp +0.04"
+ },
+ "dnmzx": {
+  "sym": "dnmzx",
+  "name": "PGIM NATIONAL MUNI FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013903692472970365,
+  "alpha_t_5y": -1.4117527190320807,
+  "alpha_t_full": 1.0310609698087918,
+  "r2_5y": 0.3383975445167331,
+  "r2_full": 0.23777325274414418,
+  "corr_portfolio": 0.06565112484460696,
+  "corr_benchmark": 0.2731984044179144,
+  "alpha_pos_frac": 0.5549132947976878,
+  "fund_max_dd": -0.1266882352215838,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.25, ivv -0.10, vblix +0.22, tlt -0.14, vnq +0.02, qqq +0.03",
+  "ref_full": "vweax +0.26, ief +0.04, efa -0.03, fxy +0.03, agg +0.08, vnq +0.01"
+ },
+ "dodwx": {
+  "sym": "dodwx",
+  "name": "Dodge & Cox Global Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03256226861667297,
+  "alpha_t_5y": 1.4510591323914879,
+  "alpha_t_full": 1.5113961056402063,
+  "r2_5y": 0.8862492405568785,
+  "r2_full": 0.9366944951832243,
+  "corr_portfolio": 0.40869798583939865,
+  "corr_benchmark": 0.5042382991054778,
+  "alpha_pos_frac": 0.4485981308411215,
+  "fund_max_dd": -0.6299603238903883,
+  "first": "2008-05-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.35, iwm +0.13, ivv +0.79, qqq -0.43, vwo +0.20, gld -0.05",
+  "ref_full": "efa +0.41, ivv +0.60, qqq -0.26, vwo +0.14, iwm +0.14, gld -0.06"
+ },
+ "domix": {
+  "sym": "domix",
+  "name": "Domini Impact International Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0019733513406065715,
+  "alpha_t_5y": 0.10220012918101717,
+  "alpha_t_full": -0.763870074197774,
+  "r2_5y": 0.9175037089500246,
+  "r2_full": 0.864607222753094,
+  "corr_portfolio": 0.38584491300828866,
+  "corr_benchmark": 0.5134959550669821,
+  "alpha_pos_frac": 0.5435897435897435,
+  "fund_max_dd": -0.6503433920226953,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.59, vweax +0.27, gsg -0.04, vmbix -0.14, vea +0.32",
+  "ref_full": "efa +0.80, vweax +0.44, vnq -0.04, ief -0.10, vwo +0.04"
+ },
+ "dpcfx": {
+  "sym": "dpcfx",
+  "name": "Nomura Diversified Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013768835267568315,
+  "alpha_t_5y": -2.469637175139625,
+  "alpha_t_full": -0.6186965047637454,
+  "r2_5y": 0.948299854852438,
+  "r2_full": 0.4785734903599618,
+  "corr_portfolio": -0.009656929667627531,
+  "corr_benchmark": 0.7216922354923229,
+  "alpha_pos_frac": 0.5260115606936416,
+  "fund_max_dd": -0.2062761957149597,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": true,
+  "ref_5y": "agg +0.02, vweax +0.16, ief +0.25, vblix +0.34, vmbix +0.28, tlt -0.17",
+  "ref_full": "ief +0.38, vweax +0.30, efa +0.02, tlt +0.04, fxe +0.03, agg +0.07"
+ },
+ "dpiax": {
+  "sym": "dpiax",
+  "name": "Destra Flaherty & Crumrine Preferred and Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006294292057082107,
+  "alpha_t_5y": -0.3961048120602523,
+  "alpha_t_full": 0.7611869503895994,
+  "r2_5y": 0.4204835969198123,
+  "r2_full": 0.49382724296264624,
+  "corr_portfolio": 0.2620759028493733,
+  "corr_benchmark": 0.4467454568168038,
+  "alpha_pos_frac": 0.5433526011560693,
+  "fund_max_dd": -0.2992446170973274,
+  "first": "2011-04-13",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.47, iwm +0.03, vblix +0.15, ief -0.45, agg +0.33",
+  "ref_full": "vweax +0.55, vnq +0.09, agg +0.99, ief -0.55, vmbix -0.34, tlt +0.05"
+ },
+ "dpltx": {
+  "sym": "dpltx",
+  "name": "BNY Mellon High Yield Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004891841576789105,
+  "alpha_t_5y": -0.6123231004170062,
+  "alpha_t_full": -0.737384905602216,
+  "r2_5y": 0.8526203825310146,
+  "r2_full": 0.8502466916784909,
+  "corr_portfolio": 0.3045541105076022,
+  "corr_benchmark": 0.43779467998861443,
+  "alpha_pos_frac": 0.4879725085910653,
+  "fund_max_dd": -0.28790903609103113,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.93, ivv +0.02",
+  "ref_full": "vweax +0.95, vwo +0.01, ief -0.10, agg +0.11"
+ },
+ "dprex": {
+  "sym": "dprex",
+  "name": "Nomura Global Listed Real Assets Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0033797337180108953,
+  "alpha_t_5y": 0.212326471541691,
+  "alpha_t_full": 0.813088606531308,
+  "r2_5y": 0.8664389655014405,
+  "r2_full": 0.9009068643737075,
+  "corr_portfolio": 0.3218496306006807,
+  "corr_benchmark": 0.5589713649605147,
+  "alpha_pos_frac": 0.5560538116591929,
+  "fund_max_dd": -0.7112247909054027,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.31, vnq +0.24, djp +0.14, ief +0.10, vweax +0.23, qqq -0.05",
+  "ref_full": "vnq +0.84, agg -0.45, vwo +0.12, ivv -0.11, tlt +0.09, gsg +0.04"
+ },
+ "dqiax": {
+  "sym": "dqiax",
+  "name": "BNY Mellon Equity Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02011341413736666,
+  "alpha_t_5y": 1.4113806220829133,
+  "alpha_t_full": 0.49487770524121255,
+  "r2_5y": 0.9531862303318512,
+  "r2_full": 0.9581836644523508,
+  "corr_portfolio": 0.3479695908320923,
+  "corr_benchmark": 0.5885668263927838,
+  "alpha_pos_frac": 0.5191489361702127,
+  "fund_max_dd": -0.5097112787662614,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.14, qqq -0.21, gsg +0.04, vwo +0.02, vnq -0.04, iwm +0.03",
+  "ref_full": "ivv +0.96, qqq -0.10, djp +0.03, iwm +0.04"
+ },
+ "drcax": {
+  "sym": "drcax",
+  "name": "BNY Mellon California AMT-Free Municipal Bond Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016255212080354648,
+  "alpha_t_5y": -1.2751073307802407,
+  "alpha_t_full": 0.27242345878271784,
+  "r2_5y": 0.41326505787097,
+  "r2_full": 0.3052771055141167,
+  "corr_portfolio": 0.034329131261950294,
+  "corr_benchmark": 0.3639811993788901,
+  "alpha_pos_frac": 0.5549132947976878,
+  "fund_max_dd": -0.15388195815049344,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.32, ief +0.09, ivv -0.07, vnq +0.02, vblix +0.23, tlt -0.14",
+  "ref_full": "agg +0.12, vweax +0.30, ief +0.09, efa -0.03, fxy +0.04, vnq +0.01"
+ },
+ "drcvx": {
+  "sym": "drcvx",
+  "name": "COMSTOCK CAPITAL VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004163608068462181,
+  "alpha_t_5y": 0.3138467066290312,
+  "alpha_t_full": -1.7858200854512238,
+  "r2_5y": 0.4421035505891192,
+  "r2_full": 0.5279211152835068,
+  "corr_portfolio": -0.15244119638974044,
+  "corr_benchmark": -0.11068108122953976,
+  "alpha_pos_frac": 0.44329896907216493,
+  "fund_max_dd": -0.9668306570465114,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.07, ivv +0.14, qqq -0.06, vweax +0.09",
+  "ref_full": "ivv -0.19, vwo -0.16, ief +0.27, gld +0.06, efa -0.14, fxy +0.10"
+ },
+ "dregx": {
+  "sym": "dregx",
+  "name": "DRIEHAUS EMERGING MARKETS GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.027209920620103533,
+  "alpha_t_5y": -0.9583010846572838,
+  "alpha_t_full": -0.2322825925883493,
+  "r2_5y": 0.8560994095548664,
+  "r2_full": 0.857197188632799,
+  "corr_portfolio": 0.2924649406410685,
+  "corr_benchmark": 0.46803941523495624,
+  "alpha_pos_frac": 0.484304932735426,
+  "fund_max_dd": -0.6543917964938011,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.66, qqq +0.11, vnq -0.10, vea +1.54, efa -1.31, fxe -0.16",
+  "ref_full": "vwo +0.58, qqq +0.13, vweax +0.33, vnq -0.04, efa +0.08, djp +0.04"
+ },
+ "dreqx": {
+  "sym": "dreqx",
+  "name": "BNY Mellon Research Growth Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05043217611902663,
+  "alpha_t_5y": -1.9528219620775364,
+  "alpha_t_full": -1.994876631309125,
+  "r2_5y": 0.933318853183292,
+  "r2_full": 0.9438365506023179,
+  "corr_portfolio": 0.12725585195737063,
+  "corr_benchmark": 0.6154249836225658,
+  "alpha_pos_frac": 0.47572815533980584,
+  "fund_max_dd": -0.5201892772112281,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.80, iwm +0.12, ivv +0.16",
+  "ref_full": "qqq +0.55, ivv +0.45, iwm +0.09, vnq -0.05, ief +0.06, gld +0.02"
+ },
+ "drevx": {
+  "sym": "drevx",
+  "name": "BNY Mellon Large Cap Securities Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008693127770355297,
+  "alpha_t_5y": -0.5680097513436924,
+  "alpha_t_full": -0.9519326862885539,
+  "r2_5y": 0.961600868339027,
+  "r2_full": 0.9681633857250752,
+  "corr_portfolio": 0.2541088104083007,
+  "corr_benchmark": 0.6029482922964576,
+  "alpha_pos_frac": 0.5258620689655172,
+  "fund_max_dd": -0.546778014744478,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.97, vnq -0.08, qqq +0.11, djp +0.03, iwm +0.03",
+  "ref_full": "ivv +0.84, qqq +0.15, djp +0.03, iwm +0.03, ief -0.03, vnq -0.01"
+ },
+ "drlix": {
+  "sym": "drlix",
+  "name": "BNY Mellon Developed Markets Real Estate Securities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004543704775594621,
+  "alpha_t_5y": -0.2560737116925876,
+  "alpha_t_full": -1.3926989336278681,
+  "r2_5y": 0.9307895961753373,
+  "r2_full": 0.9153218369995844,
+  "corr_portfolio": 0.29432039074532024,
+  "corr_benchmark": 0.5896873656579755,
+  "alpha_pos_frac": 0.5112107623318386,
+  "fund_max_dd": -0.6797366464600246,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.74, vea +0.26, ivv -0.10, vweax +0.22, iwm -0.04",
+  "ref_full": "vnq +0.50, efa +0.32, vweax +0.32, vwo +0.06, qqq -0.05, tlt +0.04"
+ },
+ "drnjx": {
+  "sym": "drnjx",
+  "name": "BNY Mellon New Jersey Municipal Bond Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0158989737553708,
+  "alpha_t_5y": -1.1984965005493136,
+  "alpha_t_full": 0.2723031224163093,
+  "r2_5y": 0.36905694198164374,
+  "r2_full": 0.2954024811890815,
+  "corr_portfolio": 0.03351997154967943,
+  "corr_benchmark": 0.3490311532860499,
+  "alpha_pos_frac": 0.5642023346303502,
+  "fund_max_dd": -0.14480176413599744,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.40, ief +0.14, ivv -0.07, vnq +0.02",
+  "ref_full": "agg +0.11, vweax +0.27, ief +0.08, fxy +0.04, efa -0.03, vnq +0.01"
+ },
+ "drrax": {
+  "sym": "drrax",
+  "name": "BNY Mellon Global Real Return Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": null,
+  "alpha_t_5y": NaN,
+  "alpha_t_full": 0.02057584448412516,
+  "r2_5y": NaN,
+  "r2_full": 0.6745130324430424,
+  "corr_portfolio": 0.4427608420456678,
+  "corr_benchmark": 0.600649061594668,
+  "alpha_pos_frac": 0.4603174603174603,
+  "fund_max_dd": -0.15954052131449503,
+  "first": "2010-05-13",
+  "verdict": "no 5y window",
+  "alpha_name": true,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "vea +0.18, gld +0.10, fxe -0.10, agg +0.21, ivv +0.08, vweax +0.09"
+ },
+ "dscpx": {
+  "sym": "dscpx",
+  "name": "Davenport Small Cap Focus Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.036751908538213356,
+  "alpha_t_5y": -1.1148009046088452,
+  "alpha_t_full": 0.3167926707489035,
+  "r2_5y": 0.8411670957358689,
+  "r2_full": 0.8652350588827682,
+  "corr_portfolio": 0.2565656977420842,
+  "corr_benchmark": 0.5513194352597292,
+  "alpha_pos_frac": 0.5746268656716418,
+  "fund_max_dd": -0.41992677064757566,
+  "first": "2015-01-05",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.66, vnq +0.07, gld -0.04, ivv +0.44, qqq -0.23",
+  "ref_full": "iwm +0.70, vnq +0.08, efa +0.07, agg +0.52, ief -0.23, vmbix -0.22"
+ },
+ "dsibx": {
+  "sym": "dsibx",
+  "name": "BNY Mellon Short Term Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01748489747049603,
+  "alpha_t_5y": -3.5382983832673225,
+  "alpha_t_full": -1.1237088572444585,
+  "r2_5y": 0.3026303331501651,
+  "r2_full": 0.20630882067341094,
+  "corr_portfolio": 0.042088645703269444,
+  "corr_benchmark": 0.2739841382499099,
+  "alpha_pos_frac": 0.5123674911660777,
+  "fund_max_dd": -0.05924076451734317,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.15, ivv -0.02, ief +0.04",
+  "ref_full": "vweax +0.09, ief +0.01, fxy +0.01, agg +0.03, gsg -0.00"
+ },
+ "dspix": {
+  "sym": "dspix",
+  "name": "BNY Mellon Institutional S&P 500 Stock Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0004379939167831865,
+  "alpha_t_5y": -0.07131344218012502,
+  "alpha_t_full": -0.11184531002468065,
+  "r2_5y": 0.9924055437218591,
+  "r2_full": 0.9876609206136832,
+  "corr_portfolio": 0.27933354213830136,
+  "corr_benchmark": 0.6165400903951814,
+  "alpha_pos_frac": 0.48220064724919093,
+  "fund_max_dd": -0.5531542458373537,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.97, qqq +0.02",
+  "ref_full": "ivv +0.95, vwo +0.01, vnq +0.01, qqq +0.02, gsg +0.01"
+ },
+ "dstix": {
+  "sym": "dstix",
+  "name": "BNY Mellon Short Term Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003718464289773201,
+  "alpha_t_5y": -0.7543635523512342,
+  "alpha_t_full": -1.176228761953656,
+  "r2_5y": 0.7757578837812,
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+  "alpha_pos_frac": 0.44508670520231214,
+  "fund_max_dd": -0.08591386879643392,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.04, vweax +0.15, ief +0.31, tlt -0.22, vblix +0.19, ivv -0.02",
+  "ref_full": "ief +0.30, vweax +0.20, tlt -0.07, fxy +0.02, agg +0.02"
+ },
+ "dtcax": {
+  "sym": "dtcax",
+  "name": "BNY Mellon Sustainable U.S. Equity Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.028043014080990237,
+  "alpha_t_5y": -1.9343984707610409,
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+  "r2_5y": 0.9622311111843495,
+  "r2_full": 0.9639724111705104,
+  "corr_portfolio": 0.24616118011124877,
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+  "alpha_pos_frac": 0.5404255319148936,
+  "fund_max_dd": -0.644111222865915,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.92, qqq +0.11, gsg -0.02, vnq -0.02",
+  "ref_full": "ivv +0.72, qqq +0.18, efa +0.03, iwm +0.04, vnq -0.01"
+ },
+ "dtgrx": {
+  "sym": "dtgrx",
+  "name": "BNY Mellon Technology Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.025343521894613998,
+  "alpha_t_5y": -0.7544567963767183,
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+  "r2_full": 0.9080497801151062,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.54, ivv -0.78, iwm +0.25, vwo +0.16, vnq -0.08",
+  "ref_full": "qqq +1.15, iwm +0.19, ivv -0.28, vwo +0.09, vnq -0.06, tlt +0.03"
+ },
+ "dtlgx": {
+  "sym": "dtlgx",
+  "name": "LARGE COMPANY GROWTH PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "corr_benchmark": 0.583197759067117,
+  "alpha_pos_frac": 0.5214007782101168,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.64, ivv +0.46, vnq -0.06",
+  "ref_full": "qqq +0.55, ivv +0.46, vnq -0.04, iwm +0.04, gld +0.02"
+ },
+ "dultx": {
+  "sym": "dultx",
+  "name": "Nomura Ultrashort Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_t_5y": -0.10721140629362466,
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+  "alpha_pos_frac": 0.4666666666666667,
+  "fund_max_dd": -0.054335432014206875,
+  "first": "2016-03-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.07, vea -0.01, iwm -0.01, tlt -0.14, vblix +0.18",
+  "ref_full": "vweax +0.14, vea -0.02, fxy +0.02, vmbix -0.02"
+ },
+ "dura": {
+  "sym": "dura",
+  "name": "VanEck Durable High Dividend ETF",
+  "bucket": "all",
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+  "alpha_pos_frac": 0.5113636363636364,
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+  "first": "2018-11-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.17, ivv +1.25, qqq -0.66",
+  "ref_full": "ivv +1.39, qqq -0.66, vnq +0.12, iwm -0.05, gsg +0.02"
+ },
+ "durpx": {
+  "sym": "durpx",
+  "name": "U.S. High Relative Profitability Portfolio",
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+  "alpha_pos_frac": 0.47619047619047616,
+  "fund_max_dd": -0.3101604741821373,
+  "first": "2017-05-17",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.13, qqq -0.17, tlt +0.02, djp -0.02",
+  "ref_full": "ivv +0.81, tlt +0.18, agg -0.96, vnq -0.12, iwm +0.13, ief +0.60"
+ },
+ "dusa": {
+  "sym": "dusa",
+  "name": "Davis Select U.S. Equity ETF",
+  "bucket": "all",
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+  "alpha_pos_frac": 0.5779816513761468,
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+  "first": "2017-01-13",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.99, iwm +0.18, ief -0.18, qqq -0.25, vwo +0.13, gld -0.06",
+  "ref_full": "ivv +0.57, iwm +0.20, ief -0.49, efa +0.17, gld -0.06, agg +0.42"
+ },
+ "dvipx": {
+  "sym": "dvipx",
+  "name": "Davenport Value & Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016539419107889985,
+  "alpha_t_5y": -0.8933051155823063,
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+  "r2_5y": 0.8977044107177983,
+  "r2_full": 0.9348771743993222,
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+  "alpha_pos_frac": 0.5054945054945055,
+  "fund_max_dd": -0.3840182641707547,
+  "first": "2011-01-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.09, qqq -0.55, vnq +0.15, iwm +0.09, efa +0.11, djp +0.02",
+  "ref_full": "ivv +1.02, qqq -0.41, vnq +0.09, efa +0.09, iwm +0.08, vweax +0.08"
+ },
+ "dvmhx": {
+  "sym": "dvmhx",
+  "name": "Nomura Minnesota High-Yield Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009662595982047637,
+  "alpha_t_5y": -0.606853082089511,
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+  "corr_benchmark": 0.33974367856511606,
+  "alpha_pos_frac": 0.5895953757225434,
+  "fund_max_dd": -0.1573915043888543,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.38, vblix +0.33, ivv -0.09, vnq +0.03, tlt -0.18",
+  "ref_full": "vweax +0.29, ief +0.07, fxy +0.04, agg +0.12, efa -0.03, vnq +0.01"
+ },
+ "dvrkx": {
+  "sym": "dvrkx",
+  "name": "MFS Global Alternative Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008373106601612506,
+  "alpha_t_5y": -0.7373056482833834,
+  "alpha_t_full": -0.5677363384227232,
+  "r2_5y": 0.6958473975845467,
+  "r2_full": 0.6017250729707732,
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+  "alpha_pos_frac": 0.44954128440366975,
+  "fund_max_dd": -0.36526493436948204,
+  "first": "2007-12-20",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "efa +0.17, ivv +0.16, iwm -0.08, agg +0.27, fxy -0.09, tlt -0.05",
+  "ref_full": "ivv +0.21, vwo +0.09, vnq +0.08, iwm -0.09, fxy -0.13, agg +0.22"
+ },
+ "dvrux": {
+  "sym": "dvrux",
+  "name": "UBS US Dividend Ruler Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0019736789705127687,
+  "alpha_t_5y": 0.10625914778405823,
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+  "r2_5y": 0.9083357970963273,
+  "r2_full": 0.91072676610889,
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+  "alpha_pos_frac": 0.45588235294117646,
+  "fund_max_dd": -0.19057961597769368,
+  "first": "2020-07-10",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.18, qqq -0.31, vea +0.24, efa -0.18, vweax -0.09",
+  "ref_full": "ivv +1.19, qqq -0.32, vea +0.07, vweax -0.09"
+ },
+ "dvtax": {
+  "sym": "dvtax",
+  "name": "Nomura Tax-Free California Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008240863789410082,
+  "alpha_t_5y": -0.46264315550061386,
+  "alpha_t_full": 0.5612769285861557,
+  "r2_5y": 0.4124780700421372,
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+  "corr_benchmark": 0.381125863100558,
+  "alpha_pos_frac": 0.5606936416184971,
+  "fund_max_dd": -0.18377893301306059,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.10, vweax +0.53, ivv -0.09, vnq +0.03, vmbix +0.11",
+  "ref_full": "agg +0.10, vweax +0.30, ief +0.14, fxy +0.04, gsg -0.01, vnq +0.01"
+ },
+ "dwas": {
+  "sym": "dwas",
+  "name": "Invesco Dorsey Wright SmallCap Momentum ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014416820866688303,
+  "alpha_t_5y": -0.33984998391433624,
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+  "r2_5y": 0.8627415259020299,
+  "r2_full": 0.8505484710543156,
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+  "corr_benchmark": 0.5115177118320464,
+  "alpha_pos_frac": 0.49079754601226994,
+  "fund_max_dd": -0.46164202155985146,
+  "first": "2012-07-20",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.18, vnq -0.18, djp +0.10, qqq +0.21, ivv -0.24",
+  "ref_full": "iwm +1.13, vnq -0.11, qqq +0.36, ivv -0.40, djp +0.06, agg +0.14"
+ },
+ "dxhyx": {
+  "sym": "dxhyx",
+  "name": "DIREXION MONTHLY HIGH YIELD BULL 1.2X FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02646810097979815,
+  "alpha_t_5y": -1.6871665623753258,
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+  "r2_5y": 0.7953743984220363,
+  "r2_full": 0.7800340392291704,
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+  "alpha_pos_frac": 0.43333333333333335,
+  "fund_max_dd": -0.2639900428798184,
+  "first": "2016-02-18",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.18, agg +1.38, vweax +0.49, ief -0.49, vblix -0.17, iwm +0.05",
+  "ref_full": "ivv +0.18, vweax +0.61, agg +0.51, vnq +0.05, tlt -0.10, iwm +0.04"
+ },
+ "dxklx": {
+  "sym": "dxklx",
+  "name": "Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.028205450087331795,
+  "alpha_t_5y": -5.116833031038227,
+  "alpha_t_full": -2.3479157151511885,
+  "r2_5y": 0.9909923162910909,
+  "r2_full": 0.9607284378878537,
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+  "corr_benchmark": 0.6164582690638762,
+  "alpha_pos_frac": 0.6046511627906976,
+  "fund_max_dd": -0.4764276570083107,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +1.87, vmbix -0.10, vblix +0.09, tlt -0.06, vea -0.02, qqq +0.01",
+  "ref_full": "ief +2.10, vwo -0.02, agg -0.15, vnq -0.02, ivv +0.02, tlt +0.03"
+ },
+ "dxksx": {
+  "sym": "dxksx",
+  "name": "Direxion Monthly 7-10 Year Treasury Bear 1.75X Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011864621229821919,
+  "alpha_t_5y": -1.9300662580234644,
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+  "r2_5y": 0.9884938914806947,
+  "r2_full": 0.9214685067967889,
+  "corr_portfolio": 0.1950823168815919,
+  "corr_benchmark": -0.6028588758320356,
+  "alpha_pos_frac": 0.41237113402061853,
+  "fund_max_dd": -0.8423255545801098,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief -1.87, vmbix +0.10, efa +0.01",
+  "ref_full": "ief -2.09, vwo +0.02, agg +0.17, tlt -0.06, vnq +0.01"
+ },
+ "dxnlx": {
+  "sym": "dxnlx",
+  "name": "Direxion Monthly NASDAQ-100(R) Bull 1.25X Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02254030750467562,
+  "alpha_t_5y": -1.8816330254358982,
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+  "r2_5y": 0.9902698024010178,
+  "r2_full": 0.8077896952479315,
+  "corr_portfolio": 0.08683276086212995,
+  "corr_benchmark": 0.5740753526707119,
+  "alpha_pos_frac": 0.0847457627118644,
+  "fund_max_dd": -0.43773529004162626,
+  "first": "2016-04-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.25, gsg +0.01, fxy -0.04, vmbix +0.05",
+  "ref_full": "qqq +1.25"
+ },
+ "eaalx": {
+  "sym": "eaalx",
+  "name": "Eaton Vance Atlanta Capital Focused Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03902574919121787,
+  "alpha_t_5y": -1.1961476511203577,
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+  "r2_5y": 0.7867855674086175,
+  "r2_full": 0.867233125921143,
+  "corr_portfolio": 0.2230849197328193,
+  "corr_benchmark": 0.5984765949694,
+  "alpha_pos_frac": 0.5086206896551724,
+  "fund_max_dd": -0.5115264766751066,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.04, vnq +0.22, iwm -0.13, djp -0.06, qqq -0.14",
+  "ref_full": "ivv +0.71, qqq +0.15, vnq +0.05, efa +0.04"
+ },
+ "eaamx": {
+  "sym": "eaamx",
+  "name": "Eaton Vance Multi-Asset Credit Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004198784423117845,
+  "alpha_t_5y": 0.681776480132464,
+  "alpha_t_full": -0.09863399457587538,
+  "r2_5y": 0.7794390686951447,
+  "r2_full": 0.5763170815922121,
+  "corr_portfolio": 0.3597123650486147,
+  "corr_benchmark": 0.4237519485096767,
+  "alpha_pos_frac": 0.5581395348837209,
+  "fund_max_dd": -0.20878691672365368,
+  "first": "2011-11-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.48, vmbix +0.02, vblix +0.32, tlt -0.20, agg -0.21",
+  "ref_full": "vweax +0.48, vwo +0.05, ivv +0.08, qqq -0.04, vblix +0.07, vmbix -0.17"
+ },
+ "eaasx": {
+  "sym": "eaasx",
+  "name": "Eaton Vance Atlanta Capital SMID-Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02456985609475852,
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+  "r2_5y": 0.819600463741506,
+  "r2_full": 0.8934767648044832,
+  "corr_portfolio": 0.3177014082475925,
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+  "alpha_pos_frac": 0.5319148936170213,
+  "fund_max_dd": -0.4554757423842022,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.31, ivv +1.13, qqq -0.54, gsg -0.05, vnq +0.09, gld -0.05",
+  "ref_full": "iwm +0.42, ivv +0.58, qqq -0.17, vnq +0.06, gld -0.05, vweax +0.08"
+ },
+ "eablx": {
+  "sym": "eablx",
+  "name": "Eaton Vance Floating-Rate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004415676372175182,
+  "alpha_t_5y": 0.5682831718858598,
+  "alpha_t_full": 0.7868040367353953,
+  "r2_5y": 0.5091383398710768,
+  "r2_full": 0.5496718322088343,
+  "corr_portfolio": 0.2986668557019146,
+  "corr_benchmark": 0.23175272300793182,
+  "alpha_pos_frac": 0.5144508670520231,
+  "fund_max_dd": -0.3276498858898982,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.28, vmbix -0.00, fxe -0.02, vblix +0.38, tlt -0.24, agg -0.24",
+  "ref_full": "vweax +0.51, ief -0.05, iwm -0.01"
+ },
+ "eacax": {
+  "sym": "eacax",
+  "name": "Eaton Vance California Municipal Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010453381780916907,
+  "alpha_t_5y": -0.8558771988765369,
+  "alpha_t_full": 0.24096230878156935,
+  "r2_5y": 0.40948823788301714,
+  "r2_full": 0.21262706349449678,
+  "corr_portfolio": 0.007281130014724794,
+  "corr_benchmark": 0.36780226576336006,
+  "alpha_pos_frac": 0.5375722543352601,
+  "fund_max_dd": -0.2540129726852789,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.26, vweax +0.25, ivv -0.07, ief +0.11, tlt -0.17, vnq +0.02",
+  "ref_full": "vweax +0.30, agg +0.20, efa -0.04, vnq +0.02, iwm -0.03, vwo +0.02"
+ },
+ "eacox": {
+  "sym": "eacox",
+  "name": "Eaton Vance Emerging and Frontier Countries Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.06837427829199291,
+  "alpha_t_5y": 2.0896494831612515,
+  "alpha_t_full": 0.8635031793496631,
+  "r2_5y": 0.7234403222491543,
+  "r2_full": 0.7622758034948836,
+  "corr_portfolio": 0.3503994721720836,
+  "corr_benchmark": 0.44029665974088145,
+  "alpha_pos_frac": 0.5441176470588235,
+  "fund_max_dd": -0.3905782377809244,
+  "first": "2014-11-07",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.34, vea +1.90, efa -1.50, vnq -0.11, gsg -0.04, vweax +0.22",
+  "ref_full": "vwo +0.34, vea +1.51, efa -1.20, vweax +0.28, vnq -0.06, fxy -0.08"
+ },
+ "eacpx": {
+  "sym": "eacpx",
+  "name": "Eaton Vance Tax-Managed Multi-Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.052430081203174404,
+  "alpha_t_5y": -2.4915026647849015,
+  "alpha_t_full": -1.864972138775805,
+  "r2_5y": 0.9395698656603282,
+  "r2_full": 0.905891410579469,
+  "corr_portfolio": 0.16248589674323227,
+  "corr_benchmark": 0.6097871953101764,
+  "alpha_pos_frac": 0.484304932735426,
+  "fund_max_dd": -0.6338962265080781,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.71, qqq +0.44, vea -0.69, efa +0.55, fxe +0.09, gsg -0.02",
+  "ref_full": "ivv +0.39, qqq +0.49, gsg +0.05, iwm +0.08, vwo +0.05, vnq +0.03"
+ },
+ "eadix": {
+  "sym": "eadix",
+  "name": "Eaton Vance Global Equity Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013730122711066507,
+  "alpha_t_5y": -1.0532571733416305,
+  "alpha_t_full": -1.9862153990657943,
+  "r2_5y": 0.9655205942376601,
+  "r2_full": 0.9475260808991776,
+  "corr_portfolio": 0.3245131044438337,
+  "corr_benchmark": 0.607675358776761,
+  "alpha_pos_frac": 0.47368421052631576,
+  "fund_max_dd": -0.524640441925373,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.60, efa +0.43, fxy -0.06, fxe +0.08",
+  "ref_full": "ivv +0.64, efa +0.29, vweax +0.22, vnq -0.05, fxe +0.05, vwo -0.03"
+ },
+ "eaeax": {
+  "sym": "eaeax",
+  "name": "Eaton Vance Tax-Managed Equity Asset Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02174988358439045,
+  "alpha_t_5y": -2.1062402789241483,
+  "alpha_t_full": -1.6060521474279446,
+  "r2_5y": 0.9748854377631391,
+  "r2_full": 0.9721128405740038,
+  "corr_portfolio": 0.30164070103259244,
+  "corr_benchmark": 0.6123462762401266,
+  "alpha_pos_frac": 0.47844827586206895,
+  "fund_max_dd": -0.5470898860237592,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.86, iwm +0.09, qqq -0.08, efa +0.06, djp -0.01",
+  "ref_full": "ivv +0.67, efa +0.11, iwm +0.12, gsg +0.02, vwo +0.02, vweax +0.05"
+ },
+ "eaemx": {
+  "sym": "eaemx",
+  "name": "Parametric Emerging Markets Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00978423242416039,
+  "alpha_t_5y": 0.5055119117851344,
+  "alpha_t_full": -1.2448700873059582,
+  "r2_5y": 0.8513210965370875,
+  "r2_full": 0.8918166286922005,
+  "corr_portfolio": 0.3687978123369471,
+  "corr_benchmark": 0.4574574727293512,
+  "alpha_pos_frac": 0.5202312138728323,
+  "fund_max_dd": -0.6269482355167912,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.46, vea +0.67, efa -0.47, vweax +0.21, qqq -0.04, vblix -0.04",
+  "ref_full": "vwo +0.44, vweax +0.43, efa +0.15, djp +0.06, ief -0.09, fxe +0.07"
+ },
+ "eaerx": {
+  "sym": "eaerx",
+  "name": "Eaton Vance Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015589134980480967,
+  "alpha_t_5y": -1.2000382234512355,
+  "alpha_t_full": -0.7868955094084702,
+  "r2_5y": 0.9664646706253173,
+  "r2_full": 0.9747280330378979,
+  "corr_portfolio": 0.2602336920205062,
+  "corr_benchmark": 0.6174188508050293,
+  "alpha_pos_frac": 0.4691780821917808,
+  "fund_max_dd": -0.48717755936188534,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.94, qqq +0.07, iwm -0.04",
+  "ref_full": "ivv +0.89, qqq +0.08, djp +0.01, fxe +0.02, vnq -0.01, gld +0.01"
+ },
+ "eafgx": {
+  "sym": "eafgx",
+  "name": "Eaton Vance Focused Growth Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0524089670062287,
+  "alpha_t_5y": -2.433448740522965,
+  "alpha_t_full": -2.5934582891700484,
+  "r2_5y": 0.9449988074938767,
+  "r2_full": 0.9481194059744327,
+  "corr_portfolio": 0.16805590928470746,
+  "corr_benchmark": 0.6001436445062068,
+  "alpha_pos_frac": 0.5444444444444444,
+  "fund_max_dd": -0.3708790250245646,
+  "first": "2011-03-08",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.61, ivv +0.55, vnq -0.06, vea -0.36, efa +0.31",
+  "ref_full": "qqq +0.57, ivv +0.46, iwm +0.06, vnq -0.05, vea -0.03"
+ },
+ "eafhx": {
+  "sym": "eafhx",
+  "name": "Eaton Vance Floating-Rate & High Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005483343292019595,
+  "alpha_t_5y": 0.7834915549191676,
+  "alpha_t_full": 0.7170187913393634,
+  "r2_5y": 0.6298323389553602,
+  "r2_full": 0.64265620274634,
+  "corr_portfolio": 0.3144001347038375,
+  "corr_benchmark": 0.29842362994861904,
+  "alpha_pos_frac": 0.5375722543352601,
+  "fund_max_dd": -0.3379761447333196,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.34, vmbix -0.00, vblix +0.39, tlt -0.24, agg -0.23",
+  "ref_full": "vweax +0.57, ief -0.05, iwm -0.01"
+ },
+ "eafvx": {
+  "sym": "eafvx",
+  "name": "Eaton Vance Focused Value Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0016983609320788782,
+  "alpha_t_5y": 0.07812626824329157,
+  "alpha_t_full": 0.9533216071257558,
+  "r2_5y": 0.8908833364947311,
+  "r2_full": 0.9333460244244334,
+  "corr_portfolio": 0.39404311760646044,
+  "corr_benchmark": 0.5240789764244876,
+  "alpha_pos_frac": 0.5166666666666667,
+  "fund_max_dd": -0.4066058126549581,
+  "first": "2011-03-08",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.16, qqq -0.56, iwm +0.20, vea +0.12, ief -0.14, vnq +0.05",
+  "ref_full": "ivv +1.15, qqq -0.47, iwm +0.17, vea +0.09, ief -0.09, vnq +0.03"
+ },
+ "eagmx": {
+  "sym": "eagmx",
+  "name": "Eaton Vance Global Macro Absolute Return Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02551722537889847,
+  "alpha_t_5y": 2.409338761406889,
+  "alpha_t_full": 3.628854820791867,
+  "r2_5y": 0.0746366931316853,
+  "r2_full": 0.1581242883502605,
+  "corr_portfolio": 0.23667567422802827,
+  "corr_benchmark": -0.02151029112701147,
+  "alpha_pos_frac": 0.44223107569721115,
+  "fund_max_dd": -0.0931393650735658,
+  "first": "2007-06-04",
+  "verdict": "alpha in 5y window, but not persistent (lucky stretch?)",
+  "alpha_name": true,
+  "ref_5y": "vwo +0.03, ief -0.07, qqq -0.02, vweax +0.10",
+  "ref_full": "vweax +0.18, tlt -0.02, fxe -0.05, gld +0.01, efa +0.04, ivv -0.03"
+ },
+ "eaiix": {
+  "sym": "eaiix",
+  "name": "Eaton Vance Diversified Currency Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01737175013957089,
+  "alpha_t_5y": 1.2003072780314634,
+  "alpha_t_full": 1.1875916174215906,
+  "r2_5y": 0.7130293814631671,
+  "r2_full": 0.4620376601491989,
+  "corr_portfolio": 0.09900715819469041,
+  "corr_benchmark": 0.4160120270383883,
+  "alpha_pos_frac": 0.48205128205128206,
+  "fund_max_dd": -0.25325049297944235,
+  "first": "2007-06-29",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "fxe +0.35, vmbix +0.27, fxy +0.16, vweax +0.25, vwo +0.04, qqq -0.02",
+  "ref_full": "fxe +0.21, fxy +0.16, vweax +0.20, ief +0.14, efa +0.04, gld +0.02"
+ },
+ "eaisx": {
+  "sym": "eaisx",
+  "name": "Parametric International Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.006946835067789766,
+  "alpha_t_5y": 0.5029260675653118,
+  "alpha_t_full": 0.46700718997987645,
+  "r2_5y": 0.9462923085014275,
+  "r2_full": 0.9542360101633734,
+  "corr_portfolio": 0.37272659803094654,
+  "corr_benchmark": 0.541307347168251,
+  "alpha_pos_frac": 0.47643979057591623,
+  "fund_max_dd": -0.3338057847479746,
+  "first": "2010-04-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.69, fxe +0.31, vnq +0.06, vweax +0.19, qqq -0.04, vwo +0.03",
+  "ref_full": "efa +0.75, fxe +0.18, vweax +0.24, vnq +0.03, fxy +0.05, gsg +0.02"
+ },
+ "ealbx": {
+  "sym": "ealbx",
+  "name": "Parametric TABS 1-to-10 Year Laddered Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00973326432264995,
+  "alpha_t_5y": -1.079884802714414,
+  "alpha_t_full": -0.1527713466785051,
+  "r2_5y": 0.3550005605196155,
+  "r2_full": 0.3296549176396548,
+  "corr_portfolio": 0.03614008240448274,
+  "corr_benchmark": 0.32628457956604495,
+  "alpha_pos_frac": 0.5538461538461539,
+  "fund_max_dd": -0.09121672699689676,
+  "first": "2015-05-05",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.19, vweax +0.19, ivv -0.05, tlt -0.10, vnq +0.01",
+  "ref_full": "vweax +0.11, vblix +0.21, tlt -0.15, fxy +0.03, efa -0.02, agg +0.11"
+ },
+ "ealcx": {
+  "sym": "ealcx",
+  "name": "Eaton Vance Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04217021828172202,
+  "alpha_t_5y": -2.4063714867198627,
+  "alpha_t_full": -2.4623739810733665,
+  "r2_5y": 0.9604971953134412,
+  "r2_full": 0.9629853102205151,
+  "corr_portfolio": 0.17175278684910453,
+  "corr_benchmark": 0.6086309405475732,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.5016369271424237,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.59, ivv +0.55, vea -0.33, efa +0.24, vnq -0.05, fxe +0.06",
+  "ref_full": "qqq +0.48, ivv +0.55, vnq -0.04, agg +0.10, tlt -0.02, iwm +0.02"
+ },
+ "ealdx": {
+  "sym": "ealdx",
+  "name": "Eaton Vance Short Duration Government Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0040210373978471015,
+  "alpha_t_5y": -0.38040868413493506,
+  "alpha_t_full": 0.3935427772236747,
+  "r2_5y": 0.38180265780756417,
+  "r2_full": 0.2705543500333252,
+  "corr_portfolio": 0.0013074657175294587,
+  "corr_benchmark": 0.24407888685112553,
+  "alpha_pos_frac": 0.4508670520231214,
+  "fund_max_dd": -0.05688164376336924,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.35, vweax +0.07, tlt -0.24, vblix +0.24, qqq -0.02, djp -0.01",
+  "ref_full": "ief +0.21, vweax +0.13, tlt -0.06, ivv -0.01, agg +0.04"
+ },
+ "ealtx": {
+  "sym": "ealtx",
+  "name": "Parametric TABS 5-to-15 Year Laddered Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01108690511618804,
+  "alpha_t_5y": -0.8774181413829661,
+  "alpha_t_full": 2.1315614306890183,
+  "r2_5y": 0.38276073001433664,
+  "r2_full": 0.29356061622010565,
+  "corr_portfolio": 0.016455493216809204,
+  "corr_benchmark": 0.34537871764698747,
+  "alpha_pos_frac": 0.5028901734104047,
+  "fund_max_dd": -0.13522807898881806,
+  "first": "2010-02-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.22, vweax +0.29, ivv -0.07, vnq +0.02, tlt -0.13, vmbix +0.09",
+  "ref_full": "agg +0.24, vweax +0.25, efa -0.04, fxy +0.05, vnq +0.04, iwm -0.02"
+ },
+ "eanax": {
+  "sym": "eanax",
+  "name": "Eaton Vance National Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01282252076177615,
+  "alpha_t_5y": -0.8840834629676135,
+  "alpha_t_full": -0.32046044977317617,
+  "r2_5y": 0.39637835168103164,
+  "r2_full": 0.20065457054783142,
+  "corr_portfolio": 0.029268195799753982,
+  "corr_benchmark": 0.3370989959417019,
+  "alpha_pos_frac": 0.5549132947976878,
+  "fund_max_dd": -0.401348657486046,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.39, ief +0.08, ivv -0.08, vnq +0.03, vblix +0.22, tlt -0.13",
+  "ref_full": "vweax +0.41, agg +0.28, iwm -0.04, tlt -0.04, vnq +0.02"
+ },
+ "earax": {
+  "sym": "earax",
+  "name": "Eaton Vance All Asset Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013816853455926353,
+  "alpha_t_5y": -1.235168680555782,
+  "alpha_t_full": -1.839989368992304,
+  "r2_5y": 0.9112817633438758,
+  "r2_full": 0.8612338110227145,
+  "corr_portfolio": 0.2861148464460332,
+  "corr_benchmark": 0.7029205406492305,
+  "alpha_pos_frac": 0.49710982658959535,
+  "fund_max_dd": -0.19987118960568562,
+  "first": "2011-10-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.15, agg +0.55, ivv +0.24, vwo +0.04, vnq -0.05, iwm +0.04",
+  "ref_full": "ivv +0.32, vmbix +0.23, vea +0.14, tlt +0.09, vwo +0.06, vnq -0.05"
+ },
+ "earrx": {
+  "sym": "earrx",
+  "name": "Eaton Vance Short Duration Inflation-Protected Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005287727711728735,
+  "alpha_t_5y": 0.6262294405228672,
+  "alpha_t_full": 0.7621233211652498,
+  "r2_5y": 0.4637592408603822,
+  "r2_full": 0.41326841878884757,
+  "corr_portfolio": 0.1740512995312191,
+  "corr_benchmark": 0.3407776619640481,
+  "alpha_pos_frac": 0.4397905759162304,
+  "fund_max_dd": -0.10274703432721466,
+  "first": "2010-04-05",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.01, gsg +0.04, vweax +0.08, ief +0.19, tlt -0.10, agg +0.20",
+  "ref_full": "vweax +0.20, vmbix +0.07, gsg +0.04, ief +0.29, tlt -0.06, agg -0.09"
+ },
+ "eascx": {
+  "sym": "eascx",
+  "name": "Eaton Vance South Carolina Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014376538674273711,
+  "alpha_t_5y": -1.1666773644287243,
+  "alpha_t_full": -0.0376512722311191,
+  "r2_5y": 0.34991629752828557,
+  "r2_full": 0.17186492924739238,
+  "corr_portfolio": 0.026128940466246968,
+  "corr_benchmark": 0.331081847188618,
+  "alpha_pos_frac": 0.5606936416184971,
+  "fund_max_dd": -0.29698615475028334,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.29, vweax +0.24, ivv -0.06, tlt -0.16, vnq +0.02",
+  "ref_full": "vweax +0.31, agg +0.21, efa -0.05, vwo +0.03, fxy +0.04, tlt -0.03"
+ },
+ "eatvx": {
+  "sym": "eatvx",
+  "name": "Eaton Vance Tax-Managed Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003732979989917843,
+  "alpha_t_5y": -0.21662875059621617,
+  "alpha_t_full": 0.19471026544929118,
+  "r2_5y": 0.9263693816093623,
+  "r2_full": 0.9523352553149455,
+  "corr_portfolio": 0.38241232550792503,
+  "corr_benchmark": 0.551173261233534,
+  "alpha_pos_frac": 0.5067264573991032,
+  "fund_max_dd": -0.5299926433865081,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.25, qqq -0.55, iwm +0.12, vea +0.53, efa -0.37, fxe -0.10",
+  "ref_full": "ivv +1.12, qqq -0.34, iwm +0.09, efa +0.08, gsg +0.02, ief -0.06"
+ },
+ "ebabx": {
+  "sym": "ebabx",
+  "name": "Eaton Vance Total Return Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.008204913872875199,
+  "alpha_t_5y": 1.3696193648496529,
+  "alpha_t_full": 0.5664323205979942,
+  "r2_5y": 0.924042437706291,
+  "r2_full": 0.657848086302536,
+  "corr_portfolio": 0.0437455195288118,
+  "corr_benchmark": 0.6327621974655508,
+  "alpha_pos_frac": 0.5375722543352601,
+  "fund_max_dd": -0.17203507336777002,
+  "first": "2009-11-18",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.20, vweax +0.22, ief +0.30, vblix +0.30, tlt -0.18, ivv -0.02",
+  "ref_full": "ief +0.45, vweax +0.48, tlt +0.16, agg -0.24, fxe -0.03, vnq -0.01"
+ },
+ "ebnd": {
+  "sym": "ebnd",
+  "name": "State Street(R) SPDR(R) Bloomberg Emerging Markets Local Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005537435503256779,
+  "alpha_t_5y": -0.30265890032208204,
+  "alpha_t_full": -0.7204849441301457,
+  "r2_5y": 0.7616431880666754,
+  "r2_full": 0.602731253844075,
+  "corr_portfolio": 0.18737519696763094,
+  "corr_benchmark": 0.5245250879003722,
+  "alpha_pos_frac": 0.4777777777777778,
+  "fund_max_dd": -0.29504746876441723,
+  "first": "2011-02-25",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.12, agg +0.54, fxe +0.34, vwo +0.16, qqq -0.03, fxy +0.06",
+  "ref_full": "vwo +0.26, fxe +0.30, agg +0.37, vweax +0.26, fxy +0.06, qqq -0.03"
+ },
+ "ebsax": {
+  "sym": "ebsax",
+  "name": "Campbell Systematic Macro Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02010450621343457,
+  "alpha_t_5y": 0.5550931936430439,
+  "alpha_t_full": 0.7721205916966224,
+  "r2_5y": 0.19246675203861685,
+  "r2_full": 0.07117598944137882,
+  "corr_portfolio": 0.16552819228588075,
+  "corr_benchmark": -0.0169361883908226,
+  "alpha_pos_frac": 0.4551282051282051,
+  "fund_max_dd": -0.30758982702341153,
+  "first": "2013-03-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg -0.40, gsg +0.08, fxe -0.25, vea +0.12, vweax -0.29",
+  "ref_full": "fxe -0.24, vmbix -0.72, qqq +0.08, ief +0.35, vweax -0.14"
+ },
+ "ecbsx": {
+  "sym": "ecbsx",
+  "name": "Parametric TABS Short-Term Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01675691246362439,
+  "alpha_t_5y": -1.963308542425405,
+  "alpha_t_full": -1.8504362990161374,
+  "r2_5y": 0.44528303222025867,
+  "r2_full": 0.30293319967315013,
+  "corr_portfolio": 0.0065621686361041825,
+  "corr_benchmark": 0.3664444918693958,
+  "alpha_pos_frac": 0.5123152709359606,
+  "fund_max_dd": -0.10269103142615188,
+  "first": "2009-03-31",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.07, vweax +0.24, ivv -0.04, ief +0.11",
+  "ref_full": "agg +0.17, vweax +0.14, fxy +0.03, efa -0.02, vnq +0.02, iwm -0.01"
+ },
+ "ecctx": {
+  "sym": "ecctx",
+  "name": "Eaton Vance Connecticut Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01758657449863252,
+  "alpha_t_5y": -1.361922471070465,
+  "alpha_t_full": -0.6523743233496027,
+  "r2_5y": 0.3637191414226312,
+  "r2_full": 0.22859503215770816,
+  "corr_portfolio": 0.031128764697784188,
+  "corr_benchmark": 0.33028381612877916,
+  "alpha_pos_frac": 0.5144508670520231,
+  "fund_max_dd": -0.18962768259788387,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.20, vweax +0.28, ivv -0.07, vmbix +0.11, vnq +0.02, tlt -0.12",
+  "ref_full": "vweax +0.26, ief +0.03, agg +0.14, efa -0.03, fxy +0.03, vnq +0.01"
+ },
+ "ediax": {
+  "sym": "ediax",
+  "name": "Eaton Vance Global Income Builder Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009063826516883233,
+  "alpha_t_5y": -0.9573792689527025,
+  "alpha_t_full": -1.657361409469399,
+  "r2_5y": 0.9613547448199209,
+  "r2_full": 0.9435573818618961,
+  "corr_portfolio": 0.34682943452982234,
+  "corr_benchmark": 0.6088959642504187,
+  "alpha_pos_frac": 0.5964125560538116,
+  "fund_max_dd": -0.5152707236472343,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.38, vea +0.12, vweax +0.24, fxe +0.10, efa +0.16, vnq -0.02",
+  "ref_full": "efa +0.31, ivv +0.49, vwo +0.05, fxe +0.08, qqq -0.07, vweax +0.07"
+ },
+ "ediv": {
+  "sym": "ediv",
+  "name": "State Street(R) SPDR(R) S&P Emerging Markets Dividend ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.06036265325060452,
+  "alpha_t_5y": 1.9609832864890975,
+  "alpha_t_full": -0.15988943518242832,
+  "r2_5y": 0.7222321511895645,
+  "r2_full": 0.838539168743535,
+  "corr_portfolio": 0.3199748749556711,
+  "corr_benchmark": 0.4276554627646021,
+  "alpha_pos_frac": 0.4666666666666667,
+  "fund_max_dd": -0.5335315909503671,
+  "first": "2011-02-25",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.54, vea +0.24, qqq -0.07, vnq +0.06, iwm -0.05",
+  "ref_full": "vwo +0.74, vea +0.16, qqq -0.08, vnq +0.06, gsg +0.03, iwm -0.04"
+ },
+ "eeiax": {
+  "sym": "eeiax",
+  "name": "Eaton Vance Emerging Markets Local Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017267126264694888,
+  "alpha_t_5y": 0.7482183978258444,
+  "alpha_t_full": 1.1956786125083674,
+  "r2_5y": 0.5666324855335165,
+  "r2_full": 0.6021241988011127,
+  "corr_portfolio": 0.25244039499299076,
+  "corr_benchmark": 0.3956343531237362,
+  "alpha_pos_frac": 0.5028901734104047,
+  "fund_max_dd": -0.3159673133994575,
+  "first": "2007-06-29",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "fxe +0.39, vwo +0.14, vweax +0.32, qqq -0.08, vea +0.12, vblix +0.06",
+  "ref_full": "efa +0.08, fxe +0.33, vweax +0.48, vwo +0.16, ivv -0.12, djp +0.05"
+ },
+ "eeldx": {
+  "sym": "eeldx",
+  "name": "Eaton Vance Emerging Markets Debt Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03782644472713255,
+  "alpha_t_5y": 2.4319449114809486,
+  "alpha_t_full": 3.3821752536146343,
+  "r2_5y": 0.32009986706347926,
+  "r2_full": 0.450644005734528,
+  "corr_portfolio": 0.33522567386556074,
+  "corr_benchmark": 0.18883646870425844,
+  "alpha_pos_frac": 0.5859872611464968,
+  "fund_max_dd": -0.19128348530746953,
+  "first": "2013-02-05",
+  "verdict": "alpha, but correlated with current portfolio",
+  "alpha_name": false,
+  "ref_5y": "vea +0.09, vweax +0.39, ief -0.18, ivv -0.08, vwo +0.04",
+  "ref_full": "vweax +0.40, vwo +0.09, ief -0.15, qqq -0.06, vea +0.05, fxy +0.03"
+ },
+ "eelv": {
+  "sym": "eelv",
+  "name": "Invesco S&P Emerging Markets Low Volatility ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.034424422492185,
+  "alpha_t_5y": 1.420925518978464,
+  "alpha_t_full": -0.2028693109366764,
+  "r2_5y": 0.7510147547183746,
+  "r2_full": 0.8095741722566138,
+  "corr_portfolio": 0.32022259847507667,
+  "corr_benchmark": 0.47243729432130466,
+  "alpha_pos_frac": 0.5088757396449705,
+  "fund_max_dd": -0.36348149243908456,
+  "first": "2012-01-17",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.35, vea +0.22, fxy +0.11, vnq +0.05, qqq -0.11, ivv +0.12",
+  "ref_full": "vwo +0.52, vea +0.19, qqq -0.07, vnq +0.05, vweax +0.11, fxy +0.05"
+ },
+ "eemgx": {
+  "sym": "eemgx",
+  "name": "MFS Emerging Markets Equity Research Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0010912347988215518,
+  "alpha_t_5y": 0.0290929731751412,
+  "alpha_t_full": 0.0290929731751412,
+  "r2_5y": 0.7231514972202069,
+  "r2_full": 0.7231514972202069,
+  "corr_portfolio": 0.15473111892155827,
+  "corr_benchmark": 0.3769680254158223,
+  "alpha_pos_frac": 0.38333333333333336,
+  "fund_max_dd": -0.38135196229497603,
+  "first": "2021-02-24",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.78, fxy -0.07, vweax +0.31, agg -0.19",
+  "ref_full": "vwo +0.78, fxy -0.07, vweax +0.31, agg -0.19"
+ },
+ "eemx": {
+  "sym": "eemx",
+  "name": "State Street(R) SPDR(R) MSCI Emerging Markets Fossil Fuel Reserves Free ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0006871438253851882,
+  "alpha_t_5y": 0.040863332237623416,
+  "alpha_t_full": 0.2278105469664714,
+  "r2_5y": 0.9609537612283984,
+  "r2_full": 0.8238310071593423,
+  "corr_portfolio": 0.21010918539523793,
+  "corr_benchmark": 0.47106390630772793,
+  "alpha_pos_frac": 0.36936936936936937,
+  "fund_max_dd": -0.39903348498594526,
+  "first": "2016-11-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.94, vea +1.62, efa -1.45, vnq -0.08, gsg -0.04, qqq +0.03",
+  "ref_full": "vwo +0.81, vea +1.51, efa -1.29, vnq -0.06, gsg -0.04"
+ },
+ "efax": {
+  "sym": "efax",
+  "name": "State Street(R) SPDR(R) MSCI EAFE Fossil Fuel Reserves Free ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0025180526710960995,
+  "alpha_t_5y": -0.3010702115208966,
+  "alpha_t_full": -0.08959040962723168,
+  "r2_5y": 0.9855717422871227,
+  "r2_full": 0.9183926196466051,
+  "corr_portfolio": 0.3158306247120682,
+  "corr_benchmark": 0.5731622667177632,
+  "alpha_pos_frac": 0.5625,
+  "fund_max_dd": -0.32528469292541673,
+  "first": "2016-11-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +1.00, gsg -0.03, vweax +0.05",
+  "ref_full": "efa +0.79, gsg -0.03, vweax +0.08, vwo -0.05, vea +0.20"
+ },
+ "egrix": {
+  "sym": "egrix",
+  "name": "Eaton Vance Global Macro Absolute Return Advantage Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0517129804641666,
+  "alpha_t_5y": 3.21777951884379,
+  "alpha_t_full": 3.204683201361889,
+  "r2_5y": 0.0668815977159597,
+  "r2_full": 0.17163107809905576,
+  "corr_portfolio": 0.22290815991893495,
+  "corr_benchmark": 0.024683988785995706,
+  "alpha_pos_frac": 0.45698924731182794,
+  "fund_max_dd": -0.1416510427878418,
+  "first": "2010-09-02",
+  "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio",
+  "alpha_name": true,
+  "ref_5y": "vwo +0.06, qqq -0.04, vweax +0.12, tlt -0.02",
+  "ref_full": "vweax +0.23, ief -0.11, fxe -0.10, vwo +0.05, gld +0.02, ivv -0.03"
+ },
+ "ehstx": {
+  "sym": "ehstx",
+  "name": "Eaton Vance Large-Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.003185743292397857,
+  "alpha_t_5y": 0.17925720965785147,
+  "alpha_t_full": 0.5159346683273472,
+  "r2_5y": 0.9171905817916244,
+  "r2_full": 0.9500943386165389,
+  "corr_portfolio": 0.39669004664227214,
+  "corr_benchmark": 0.5327133391260312,
+  "alpha_pos_frac": 0.484304932735426,
+  "fund_max_dd": -0.5347110976658067,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.28, qqq -0.62, iwm +0.17, vea +0.36, ief -0.08, efa -0.25",
+  "ref_full": "ivv +1.12, qqq -0.40, iwm +0.13, efa +0.10, gsg +0.02, ief -0.07"
+ },
+ "eigix": {
+  "sym": "eigix",
+  "name": "Eaton Vance Core Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.000160325174094896,
+  "alpha_t_5y": 0.02980578821995015,
+  "alpha_t_full": -1.8516479089440891,
+  "r2_5y": 0.9439316513494174,
+  "r2_full": 0.828538415878743,
+  "corr_portfolio": -0.054562728902114596,
+  "corr_benchmark": 0.6834188296548367,
+  "alpha_pos_frac": 0.4277456647398844,
+  "fund_max_dd": -0.17721119308865552,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg -0.03, vweax +0.10, ief +0.37, vblix +0.34, tlt -0.18, vmbix +0.17",
+  "ref_full": "ief +0.40, vweax +0.23, agg +0.08, tlt +0.04, vnq +0.01, fxy +0.01"
+ },
+ "eimgx": {
+  "sym": "eimgx",
+  "name": "Eaton Vance Tax-Managed Small-Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03812259414796029,
+  "alpha_t_5y": -1.4554678902195357,
+  "alpha_t_full": -0.6116705172509546,
+  "r2_5y": 0.8907282606135392,
+  "r2_full": 0.9185327982718685,
+  "corr_portfolio": 0.28163695375428943,
+  "corr_benchmark": 0.5332469639055404,
+  "alpha_pos_frac": 0.5532994923857868,
+  "fund_max_dd": -0.3702248788013227,
+  "first": "2009-10-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.60, vnq +0.11, djp -0.08, ivv +0.61, qqq -0.33",
+  "ref_full": "iwm +0.66, ivv +0.37, qqq -0.15, vnq +0.07, djp -0.03, ief -0.07"
+ },
+ "einc": {
+  "sym": "einc",
+  "name": "VanEck Energy Income ETF",
+  "bucket": "all",
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+  "alpha_name": false,
+  "ref_5y": "gsg +0.37, iwm +0.26, vnq +0.24, ief -0.23, vea +0.21, qqq -0.14",
+  "ref_full": "iwm +0.42, gsg +0.40, vweax +0.60, qqq -0.61, ivv +0.73, agg +0.36"
+ },
+ "eipcx": {
+  "sym": "eipcx",
+  "name": "Parametric Commodity Strategy Fund",
+  "bucket": "all",
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+  "verdict": "weak/unstable alpha",
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+ },
+ "eipix": {
+  "sym": "eipix",
+  "name": "EIP Growth and Income Fund",
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+  "verdict": "weak/unstable alpha",
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+  "ref_full": "vnq +0.22, gsg +0.22, vea +0.15, iwm +0.09, qqq -0.50, ivv +0.80"
+ },
+ "eitax": {
+  "sym": "eitax",
+  "name": "Parametric TABS Intermediate-Term Municipal Bond Fund",
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+  "alpha_name": false,
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+  "ref_full": "agg +0.26, vweax +0.24, vea -0.03, fxy +0.04, vnq +0.03, iwm -0.02"
+ },
+ "eitex": {
+  "sym": "eitex",
+  "name": "Parametric Tax-Managed Emerging Markets Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "ref_full": "vwo +0.44, vweax +0.44, efa +0.15, djp +0.06, ief -0.09, fxe +0.07"
+ },
+ "eivpx": {
+  "sym": "eivpx",
+  "name": "Parametric Volatility Risk Premium - Defensive Fund",
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+  "fund_max_dd": -0.26672107477182483,
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+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
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+  "ref_full": "ivv +0.70, fxe -0.07, qqq -0.06, iwm -0.05, vwo +0.02, vnq +0.02"
+ },
+ "emaax": {
+  "sym": "emaax",
+  "name": "Enterprise Mergers and Acquisitions Fund",
+  "bucket": "all",
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+  "verdict": "weak/unstable alpha",
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+  "ref_full": "iwm +0.24, efa +0.16, vnq +0.09, agg +0.18, fxy -0.07, djp +0.03"
+ },
+ "emdax": {
+  "sym": "emdax",
+  "name": "PGIM Emerging Markets Debt Local Currency Fund",
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+  "ref_full": "vwo +0.26, fxe +0.34, vweax +0.58, qqq -0.09, tlt +0.04, gld +0.03"
+ },
+ "emlax": {
+  "sym": "emlax",
+  "name": "MFS Emerging Markets Debt Local Currency Fund",
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+  "ref_full": "vwo +0.26, fxe +0.33, vweax +0.54, qqq -0.08, ief +0.12, djp +0.03"
+ },
+ "emlc": {
+  "sym": "emlc",
+  "name": "VanEck J.P. Morgan EM Local Currency Bond ETF",
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.13, fxe +0.39, agg +0.42, vwo +0.17, qqq -0.03, fxy +0.05",
+  "ref_full": "vwo +0.26, fxe +0.33, agg +0.42, vweax +0.25, qqq -0.06, vea +0.07"
+ },
+ "emoax": {
+  "sym": "emoax",
+  "name": "Eaton Vance Municipal Opportunities Fund",
+  "bucket": "all",
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+  "first": "2011-06-07",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.25, vweax +0.28, ivv -0.07, tlt -0.14, vmbix +0.09, vnq +0.02",
+  "ref_full": "agg +0.23, vweax +0.29, efa -0.04, fxy +0.04, vnq +0.03, iwm -0.02"
+ },
+ "emptx": {
+  "sym": "emptx",
+  "name": "UBS Emerging Markets Equity Opportunity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_pos_frac": 0.5053763440860215,
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+  "first": "2018-06-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.88, agg -0.18",
+  "ref_full": "vwo +0.81, vweax +0.25, ief -0.16"
+ },
+ "emrgx": {
+  "sym": "emrgx",
+  "name": "EMERGING MARKETS EQUITIES FUND, INC",
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+  "alpha_pos_frac": 0.5514705882352942,
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+  "first": "2014-11-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.81, qqq +0.04, fxy -0.11, vweax +0.22",
+  "ref_full": "vwo +0.72, vweax +0.39, qqq +0.06, agg -0.16"
+ },
+ "emsqx": {
+  "sym": "emsqx",
+  "name": "Shelton Emerging Markets Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.024565142888224707,
+  "alpha_t_5y": 0.5095183372625851,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.69, vweax +0.42, tlt -0.07",
+  "ref_full": "vwo +0.44, efa +0.15, vweax +0.29, qqq +0.06"
+ },
+ "eniax": {
+  "sym": "eniax",
+  "name": "SIIT Opportunistic Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.016852680993204257,
+  "alpha_t_5y": 3.72046862890935,
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+  "corr_benchmark": 0.16358828102683048,
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+  "first": "2007-09-05",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.09",
+  "ref_full": "vweax +0.22, tlt -0.02, agg +0.07, vnq +0.01, iwm -0.01, ief -0.04"
+ },
+ "epgax": {
+  "sym": "epgax",
+  "name": "Fidelity Advisor Equity Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01414762726540471,
+  "alpha_t_5y": -0.7152948826580698,
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+  "r2_5y": 0.9465196639549719,
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+  "corr_portfolio": 0.1763822494321909,
+  "corr_benchmark": 0.6080053522055117,
+  "alpha_pos_frac": 0.4940239043824701,
+  "fund_max_dd": -0.629946962544641,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.54, ivv +0.38, vwo +0.07, vnq -0.07, iwm +0.06",
+  "ref_full": "qqq +0.52, ivv +0.35, iwm +0.08, djp +0.03, vwo +0.03, gld +0.02"
+ },
+ "eqal": {
+  "sym": "eqal",
+  "name": "Invesco Russell 1000 Equal Weight ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011075279944703956,
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+  "r2_5y": 0.9499907324881687,
+  "r2_full": 0.9371549045535678,
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+  "alpha_pos_frac": 0.5074626865671642,
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+  "first": "2014-12-26",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.37, vnq +0.15, ivv +0.70, qqq -0.28, djp +0.06, vweax +0.11",
+  "ref_full": "iwm +0.38, ivv +0.76, qqq -0.29, djp +0.07, vnq +0.08, vweax +0.15"
+ },
+ "eqnax": {
+  "sym": "eqnax",
+  "name": "MFS Equity Income Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.018172715568688113,
+  "alpha_t_5y": 1.2036578972943146,
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+  "r2_5y": 0.9406053372820079,
+  "r2_full": 0.9497391095777674,
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+  "first": "2012-09-28",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.02, qqq -0.37, vea +0.19, iwm +0.11, gsg +0.02, gld -0.02",
+  "ref_full": "ivv +0.90, qqq -0.22, vea +0.17, iwm +0.07, vnq +0.03, gsg +0.02"
+ },
+ "eqwl": {
+  "sym": "eqwl",
+  "name": "Invesco S&P 100 Equal Weight ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.020662526812600734,
+  "alpha_t_5y": 1.2647414567526416,
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+  "r2_5y": 0.9315977593353061,
+  "r2_full": 0.8335603882191878,
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+  "alpha_pos_frac": 0.48484848484848486,
+  "fund_max_dd": -0.4936049342534268,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.16, qqq -0.39, iwm +0.07, efa +0.07, vnq +0.04, gld -0.02",
+  "ref_full": "ivv +0.80, qqq -0.12, vweax +0.22, iwm +0.06, efa +0.07, fxy -0.05"
+ },
+ "erbax": {
+  "sym": "erbax",
+  "name": "Eaton Vance Equity Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.021149069560028308,
+  "alpha_t_5y": -1.965673997749814,
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+  "r2_5y": 0.9712465778315678,
+  "r2_full": 0.9557213521663013,
+  "corr_portfolio": 0.34034623966180805,
+  "corr_benchmark": 0.5990356403725209,
+  "alpha_pos_frac": 0.5108695652173914,
+  "fund_max_dd": -0.2913752500430491,
+  "first": "2010-10-13",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.65, vea +0.28, vwo +0.10, iwm +0.06, qqq -0.09, vnq -0.05",
+  "ref_full": "ivv +0.58, vea +0.23, vwo +0.07, iwm +0.05, vnq -0.04, tlt +0.02"
+ },
+ "ergox": {
+  "sym": "ergox",
+  "name": "Eaton Vance Government Opportunities Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.0014159701323867837,
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+  "r2_full": 0.4383935464340156,
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+  "corr_benchmark": 0.375031181038311,
+  "alpha_pos_frac": 0.45664739884393063,
+  "fund_max_dd": -0.11663390210657354,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.45, qqq -0.03, vweax +0.04, tlt -0.31, ief +0.29, vblix +0.26",
+  "ref_full": "ief +0.45, vweax +0.13, tlt -0.09, gsg -0.01, fxe +0.02, agg +0.04"
+ },
+ "erth": {
+  "sym": "erth",
+  "name": "Invesco MSCI Sustainable Future ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.1113265767122249,
+  "alpha_t_5y": -2.26297415690788,
+  "alpha_t_full": -1.4375274940675768,
+  "r2_5y": 0.7439957003783311,
+  "r2_full": 0.8022781107394165,
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+  "alpha_pos_frac": 0.5301724137931034,
+  "fund_max_dd": -0.6446013288076338,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.45, vwo +0.49, vweax +0.49, fxe +0.25, qqq +0.31, ivv -0.35",
+  "ref_full": "efa +0.24, iwm +0.40, vwo +0.19, vweax +0.32, fxe +0.22, qqq +0.14"
+ },
+ "eseax": {
+  "sym": "eseax",
+  "name": "Eaton Vance Atlanta Capital Select Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05595492279981824,
+  "alpha_t_5y": -1.6658898223547898,
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+  "alpha_pos_frac": 0.5588235294117647,
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+  "first": "2012-01-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.22, qqq -0.44, vnq +0.11, djp -0.09, iwm +0.08",
+  "ref_full": "ivv +0.98, qqq -0.25, vnq +0.09, gsg -0.05, iwm +0.11, gld -0.03"
+ },
+ "esge": {
+  "sym": "esge",
+  "name": "iShares ESG Aware MSCI EM ETF",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_t_5y": -0.6253675620281596,
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+  "r2_5y": 0.9696276744991515,
+  "r2_full": 0.9370571545858719,
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+  "alpha_pos_frac": 0.41739130434782606,
+  "fund_max_dd": -0.4107308411407662,
+  "first": "2016-07-21",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.94, vea +1.54, efa -1.36, djp -0.05, vnq -0.06, qqq +0.03",
+  "ref_full": "vwo +0.88, vea +1.30, efa -1.14, gsg -0.04, vnq -0.05, qqq +0.03"
+ },
+ "esgv": {
+  "sym": "esgv",
+  "name": "Vanguard ESG U.S. Stock ETF",
+  "bucket": "all",
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+  "r2_full": 0.9930042918576741,
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+  "alpha_pos_frac": 0.47191011235955055,
+  "fund_max_dd": -0.33660179159499803,
+  "first": "2018-09-21",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.74, qqq +0.20, iwm +0.07, gsg -0.03, vnq +0.02, vea -0.02",
+  "ref_full": "ivv +0.72, qqq +0.20, iwm +0.08, gsg -0.02, agg +0.13, vmbix -0.09"
+ },
+ "eshix": {
+  "sym": "eshix",
+  "name": "Eaton Vance Short Duration High Income Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.009279045934231159,
+  "alpha_t_5y": 1.578237339466106,
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+  "alpha_pos_frac": 0.5608108108108109,
+  "fund_max_dd": -0.15733637533700295,
+  "first": "2013-11-06",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.47, vmbix -0.05, vblix +0.26, tlt -0.19",
+  "ref_full": "vweax +0.50, vmbix -0.07, vnq +0.01, vblix +0.21, tlt -0.15"
+ },
+ "esmax": {
+  "sym": "esmax",
+  "name": "Invesco Global Small Cap Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.025062070353859774,
+  "alpha_t_5y": 0.8015770403062503,
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+  "r2_5y": 0.7661932581316409,
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+  "alpha_pos_frac": 0.5515695067264574,
+  "fund_max_dd": -0.658960686070779,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +1.21, fxe +0.33, vweax +0.32, efa -0.51, gsg -0.05, vnq -0.06",
+  "ref_full": "efa +0.54, fxe +0.40, vweax +0.48, vwo +0.05, ivv -0.11, iwm +0.04"
+ },
+ "espo": {
+  "sym": "espo",
+  "name": "VanEck Video Gaming and eSports ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007526627289413066,
+  "alpha_t_5y": 0.12266133337573272,
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+  "r2_5y": 0.6733636116437572,
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+  "alpha_pos_frac": 0.5681818181818182,
+  "fund_max_dd": -0.5099029615163619,
+  "first": "2018-10-18",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.85, vwo +0.57, fxy +0.16, ivv -0.69, iwm +0.15, vnq +0.12",
+  "ref_full": "qqq +0.93, vwo +0.46, ivv -0.74, fxy +0.16, iwm +0.14, efa +0.14"
+ },
+ "etazx": {
+  "sym": "etazx",
+  "name": "Eaton Vance Arizona Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01287629214400616,
+  "alpha_t_5y": -1.0595464158208918,
+  "alpha_t_full": 0.28662812860765147,
+  "r2_5y": 0.38936871620953406,
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+  "corr_benchmark": 0.32602487844110445,
+  "alpha_pos_frac": 0.5549132947976878,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.28, vweax +0.26, ivv -0.07, tlt -0.15, vnq +0.02",
+  "ref_full": "vweax +0.31, agg +0.15, efa -0.02, fxy +0.03, vnq +0.02, iwm -0.02"
+ },
+ "etegx": {
+  "sym": "etegx",
+  "name": "Eaton Vance Small-Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03654986852630812,
+  "alpha_t_5y": -1.3957666616449227,
+  "alpha_t_full": -0.17448003427013858,
+  "r2_5y": 0.8900629451271453,
+  "r2_full": 0.9098746937370448,
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+  "corr_benchmark": 0.5302140999983783,
+  "alpha_pos_frac": 0.521551724137931,
+  "fund_max_dd": -0.7384674594858396,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.59, vnq +0.10, djp -0.08, ivv +0.63, qqq -0.35",
+  "ref_full": "iwm +0.64, ivv +0.27, efa +0.07, qqq -0.08, gsg +0.03"
+ },
+ "etgax": {
+  "sym": "etgax",
+  "name": "Eaton Vance Georgia Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014331381974038195,
+  "alpha_t_5y": -1.19560906044517,
+  "alpha_t_full": -0.14049810446911112,
+  "r2_5y": 0.38225438114891896,
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+  "corr_benchmark": 0.32048360607310045,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.25, vweax +0.28, ivv -0.06, tlt -0.13, vnq +0.02",
+  "ref_full": "vweax +0.31, agg +0.24, tlt -0.07, efa -0.03, vnq +0.01, fxy +0.03"
+ },
+ "etgix": {
+  "sym": "etgix",
+  "name": "Eaton Vance Greater India Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00979833070753419,
+  "alpha_t_5y": -0.18663206768106524,
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+  "r2_full": 0.46062884925415715,
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+  "corr_benchmark": 0.31380935618891614,
+  "alpha_pos_frac": 0.5258620689655172,
+  "fund_max_dd": -0.7361550780011366,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.37, ivv +0.46, djp -0.09, qqq -0.18",
+  "ref_full": "vwo +0.50, vweax +0.54, fxy -0.17, vnq +0.05, qqq -0.17, ivv +0.19"
+ },
+ "ethix": {
+  "sym": "ethix",
+  "name": "Eaton Vance High Income Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.009257020264742878,
+  "alpha_t_5y": 0.9989819103642393,
+  "alpha_t_full": 0.33198191213003897,
+  "r2_5y": 0.785612664465894,
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+  "corr_benchmark": 0.44944437289904915,
+  "alpha_pos_frac": 0.532319391634981,
+  "fund_max_dd": -0.42972815017674737,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.82, iwm +0.03",
+  "ref_full": "vweax +0.92, efa +0.03, djp +0.02, fxe -0.03, ief -0.10, agg +0.11"
+ },
+ "ethsx": {
+  "sym": "ethsx",
+  "name": "Eaton Vance Worldwide Health Sciences Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014597979653395274,
+  "alpha_t_5y": -0.3561100375560949,
+  "alpha_t_full": 0.7842733500064614,
+  "r2_5y": 0.5822647298493231,
+  "r2_full": 0.6680375947497499,
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+  "corr_benchmark": 0.5065256772592373,
+  "alpha_pos_frac": 0.47085201793721976,
+  "fund_max_dd": -0.4094813299412384,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.82, qqq -0.35, vnq +0.15, efa +1.21, vea -1.03, gsg -0.06",
+  "ref_full": "ivv +0.56, efa +0.21, vwo -0.10, gsg -0.04, agg +0.14, iwm +0.07"
+ },
+ "ethyx": {
+  "sym": "ethyx",
+  "name": "Eaton Vance High Yield Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0041312172182767564,
+  "alpha_t_5y": -0.270239352231887,
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+  "r2_5y": 0.4199049757427955,
+  "r2_full": 0.2310267234310519,
+  "corr_portfolio": 0.048929629904924776,
+  "corr_benchmark": 0.3497636664716599,
+  "alpha_pos_frac": 0.5838150289017341,
+  "fund_max_dd": -0.4398265340029561,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.36, vweax +0.39, ivv -0.09, tlt -0.19, vnq +0.03",
+  "ref_full": "vweax +0.41, agg +0.18, efa -0.05, vnq +0.03, iwm -0.03, vwo +0.03"
+ },
+ "etmax": {
+  "sym": "etmax",
+  "name": "Eaton Vance Massachusetts Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02060847115086169,
+  "alpha_t_5y": -1.5217058769637228,
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+  "r2_5y": 0.4058768262921266,
+  "r2_full": 0.19814633175505603,
+  "corr_portfolio": 0.011349907894668686,
+  "corr_benchmark": 0.33667700683331037,
+  "alpha_pos_frac": 0.5433526011560693,
+  "fund_max_dd": -0.2950348508285432,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.28, vweax +0.31, ivv -0.07, tlt -0.18, vnq +0.02, ief +0.10",
+  "ref_full": "vweax +0.33, agg +0.17, efa -0.06, vwo +0.03, fxy +0.03, vnq +0.01"
+ },
+ "etmbx": {
+  "sym": "etmbx",
+  "name": "Eaton Vance AMT-Free Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.018473715499224216,
+  "alpha_t_5y": -1.2144807643679338,
+  "alpha_t_full": -0.30576662842912,
+  "r2_5y": 0.3857315412188168,
+  "r2_full": 0.20479838881186874,
+  "corr_portfolio": 0.033233419229256184,
+  "corr_benchmark": 0.31909614876967507,
+  "alpha_pos_frac": 0.5780346820809249,
+  "fund_max_dd": -0.3253164434807271,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.39, ief +0.08, ivv -0.08, vnq +0.03, vblix +0.24, tlt -0.14",
+  "ref_full": "vweax +0.39, agg +0.25, efa -0.04, fxy +0.04, tlt -0.04, vnq +0.01"
+ },
+ "etmdx": {
+  "sym": "etmdx",
+  "name": "Eaton Vance Maryland Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011121472974705325,
+  "alpha_t_5y": -0.8495149354524824,
+  "alpha_t_full": -0.14238240074497638,
+  "r2_5y": 0.40118519782483864,
+  "r2_full": 0.23262167769775466,
+  "corr_portfolio": 0.024676631096766644,
+  "corr_benchmark": 0.34789040715680136,
+  "alpha_pos_frac": 0.5317919075144508,
+  "fund_max_dd": -0.2274010193455952,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.27, vweax +0.28, ivv -0.07, vnq +0.02, tlt -0.16, vmbix +0.09",
+  "ref_full": "vweax +0.31, agg +0.15, efa -0.02, vnq +0.02, fxy +0.02, iwm -0.02"
+ },
+ "etmnx": {
+  "sym": "etmnx",
+  "name": "Eaton Vance Minnesota Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014447663959320187,
+  "alpha_t_5y": -1.0841019731594563,
+  "alpha_t_full": 0.3107747368813649,
+  "r2_5y": 0.3456494204643278,
+  "r2_full": 0.2263386534625983,
+  "corr_portfolio": 0.02873546839697446,
+  "corr_benchmark": 0.3174063526527581,
+  "alpha_pos_frac": 0.5317919075144508,
+  "fund_max_dd": -0.17244344992740412,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.27, vweax +0.26, ivv -0.07, tlt -0.17, vnq +0.02, vmbix +0.08",
+  "ref_full": "vweax +0.29, agg +0.15, efa -0.02, fxy +0.03, vnq +0.01, iwm -0.02"
+ },
+ "etmox": {
+  "sym": "etmox",
+  "name": "Eaton Vance Missouri Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015449596013453994,
+  "alpha_t_5y": -1.2550894547881482,
+  "alpha_t_full": -0.04855259420123232,
+  "r2_5y": 0.40565298585570086,
+  "r2_full": 0.2191654714661192,
+  "corr_portfolio": 0.033733671206616675,
+  "corr_benchmark": 0.3366856421405463,
+  "alpha_pos_frac": 0.5260115606936416,
+  "fund_max_dd": -0.21736126152582724,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.23, vweax +0.29, ivv -0.07, vnq +0.02, tlt -0.13, vmbix +0.07",
+  "ref_full": "vweax +0.31, agg +0.15, efa -0.02, vnq +0.02, fxy +0.03, iwm -0.02"
+ },
+ "etncx": {
+  "sym": "etncx",
+  "name": "Eaton Vance North Carolina Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015495308497172846,
+  "alpha_t_5y": -1.219809567644781,
+  "alpha_t_full": 0.08602308837576848,
+  "r2_5y": 0.3542487218247399,
+  "r2_full": 0.2060820616065101,
+  "corr_portfolio": 0.031616235356986246,
+  "corr_benchmark": 0.33088480241237234,
+  "alpha_pos_frac": 0.5491329479768786,
+  "fund_max_dd": -0.23803112487066658,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.25, vweax +0.28, ivv -0.07, vnq +0.02, tlt -0.13",
+  "ref_full": "vweax +0.31, agg +0.16, efa -0.05, vnq +0.01, fxy +0.03, vwo +0.02"
+ },
+ "etnjx": {
+  "sym": "etnjx",
+  "name": "Eaton Vance New Jersey Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016699439157278433,
+  "alpha_t_5y": -1.3052906492779088,
+  "alpha_t_full": -0.2707580216438587,
+  "r2_5y": 0.3931876430853142,
+  "r2_full": 0.19815760254353998,
+  "corr_portfolio": 0.04070918578125772,
+  "corr_benchmark": 0.32182136952917645,
+  "alpha_pos_frac": 0.5664739884393064,
+  "fund_max_dd": -0.3132153453350861,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.28, vweax +0.28, ivv -0.07, tlt -0.19, ief +0.11, vnq +0.02",
+  "ref_full": "vweax +0.33, agg +0.23, tlt -0.05, efa -0.03, vnq +0.01, fxy +0.03"
+ },
+ "etnyx": {
+  "sym": "etnyx",
+  "name": "Eaton Vance New York Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01488797967789901,
+  "alpha_t_5y": -0.9340848553994929,
+  "alpha_t_full": 0.049920595280258814,
+  "r2_5y": 0.34674342540202374,
+  "r2_full": 0.20109725090705233,
+  "corr_portfolio": 0.02932107808342956,
+  "corr_benchmark": 0.3270126949826522,
+  "alpha_pos_frac": 0.5758754863813229,
+  "fund_max_dd": -0.3169171002401683,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.48, ief +0.15, ivv -0.08, vnq +0.03",
+  "ref_full": "vweax +0.37, agg +0.23, efa -0.05, vwo +0.03, fxy +0.04, ief -0.08"
+ },
+ "etohx": {
+  "sym": "etohx",
+  "name": "Eaton Vance Ohio Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01853451418141113,
+  "alpha_t_5y": -1.457346325850253,
+  "alpha_t_full": 0.14837097593518014,
+  "r2_5y": 0.3415419117436659,
+  "r2_full": 0.20823559489385102,
+  "corr_portfolio": 0.04482242614897429,
+  "corr_benchmark": 0.29578586219062314,
+  "alpha_pos_frac": 0.5477031802120141,
+  "fund_max_dd": -0.21706472814353628,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.40, ief +0.12, ivv -0.05",
+  "ref_full": "vweax +0.33, agg +0.15, efa -0.02, fxy +0.03, vnq +0.02, iwm -0.02"
+ },
+ "etorx": {
+  "sym": "etorx",
+  "name": "Eaton Vance Oregon Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015966863600314966,
+  "alpha_t_5y": -1.371757494421079,
+  "alpha_t_full": -0.10991332640381989,
+  "r2_5y": 0.4004779671992814,
+  "r2_full": 0.1980257549035186,
+  "corr_portfolio": 0.02885830268350444,
+  "corr_benchmark": 0.3406907126324785,
+  "alpha_pos_frac": 0.5603112840466926,
+  "fund_max_dd": -0.2839262706188187,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.37, ief +0.14, ivv -0.06, vnq +0.02",
+  "ref_full": "vweax +0.32, agg +0.18, efa -0.05, vwo +0.02, fxy +0.03, vnq +0.01"
+ },
+ "etpax": {
+  "sym": "etpax",
+  "name": "Eaton Vance Pennsylvania Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012460036803998438,
+  "alpha_t_5y": -0.8988577081997677,
+  "alpha_t_full": -0.22630069562985203,
+  "r2_5y": 0.38543321693496857,
+  "r2_full": 0.184693979919475,
+  "corr_portfolio": 0.025046369879028064,
+  "corr_benchmark": 0.32224960816929404,
+  "alpha_pos_frac": 0.5664739884393064,
+  "fund_max_dd": -0.28707464143327455,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.30, vweax +0.31, ivv -0.14, tlt -0.16, vnq +0.04, qqq +0.04",
+  "ref_full": "vweax +0.32, agg +0.24, tlt -0.07, ivv -0.08, vnq +0.03, qqq +0.03"
+ },
+ "etsix": {
+  "sym": "etsix",
+  "name": "Eaton Vance Strategic Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.023501254178775903,
+  "alpha_t_5y": 2.2512724353575426,
+  "alpha_t_full": 3.175213254481371,
+  "r2_5y": 0.37891827512479814,
+  "r2_full": 0.2989133633826061,
+  "corr_portfolio": 0.16987947446299345,
+  "corr_benchmark": 0.2138806066000507,
+  "alpha_pos_frac": 0.5282051282051282,
+  "fund_max_dd": -0.12621791594506238,
+  "first": "2007-06-04",
+  "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.21, vea +0.04, qqq -0.03, vweax +0.11, vwo +0.03, gsg -0.01",
+  "ref_full": "vweax +0.29, efa +0.05, ivv -0.04, fxe -0.04, gld +0.01, agg +0.03"
+ },
+ "ettgx": {
+  "sym": "ettgx",
+  "name": "Eaton Vance Tax-Managed Growth Fund 1.1",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013936101008298939,
+  "alpha_t_5y": -1.4722075007454516,
+  "alpha_t_full": -0.9411816796370699,
+  "r2_5y": 0.9828229745328251,
+  "r2_full": 0.9796550210896754,
+  "corr_portfolio": 0.2604757771360321,
+  "corr_benchmark": 0.6081904904791313,
+  "alpha_pos_frac": 0.48638132295719844,
+  "fund_max_dd": -0.5201407051886027,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.93, qqq +0.08, vnq -0.03",
+  "ref_full": "ivv +0.91, qqq +0.07, vnq -0.03, iwm +0.02, gld -0.01"
+ },
+ "etvax": {
+  "sym": "etvax",
+  "name": "Eaton Vance Virginia Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01461731304881298,
+  "alpha_t_5y": -1.1294559616865958,
+  "alpha_t_full": -0.5679967504888729,
+  "r2_5y": 0.37756593957493867,
+  "r2_full": 0.20343582027730012,
+  "corr_portfolio": 0.04799583417715261,
+  "corr_benchmark": 0.3101955890572366,
+  "alpha_pos_frac": 0.5491329479768786,
+  "fund_max_dd": -0.30827313307970716,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.24, vweax +0.28, ivv -0.07, vnq +0.02, tlt -0.14, vmbix +0.09",
+  "ref_full": "vweax +0.31, tlt -0.06, agg +0.27, iwm -0.04, vnq +0.03, ief -0.09"
+ },
+ "evcgx": {
+  "sym": "evcgx",
+  "name": "Eaton Vance China Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06997402866392724,
+  "alpha_t_5y": -1.2499032076851173,
+  "alpha_t_full": -0.10533837883690346,
+  "r2_5y": 0.7188124860956848,
+  "r2_full": 0.6737000869310935,
+  "corr_portfolio": 0.17268411749891205,
+  "corr_benchmark": 0.31796818318818754,
+  "alpha_pos_frac": 0.5336322869955157,
+  "fund_max_dd": -0.683733246137826,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +1.61, vea -1.70, efa +1.27, qqq -0.13, gsg +0.08",
+  "ref_full": "vwo +0.78, fxe -0.14, vweax +0.23, vnq -0.05, gld -0.05"
+ },
+ "evfax": {
+  "sym": "evfax",
+  "name": "Eaton Vance Floating-Rate Advantage Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.009154080280791439,
+  "alpha_t_5y": 1.0776046555764214,
+  "alpha_t_full": 1.694888570367947,
+  "r2_5y": 0.5479468290785212,
+  "r2_full": 0.5677459186969825,
+  "corr_portfolio": 0.29869390204325696,
+  "corr_benchmark": 0.2258236719921,
+  "alpha_pos_frac": 0.5317919075144508,
+  "fund_max_dd": -0.382227164695354,
+  "first": "2008-03-18",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.34, vmbix +0.02, fxe -0.02, vblix +0.44, tlt -0.27, agg -0.32",
+  "ref_full": "vweax +0.65, ief -0.08, iwm -0.02, vnq +0.01, efa -0.01"
+ },
+ "evibx": {
+  "sym": "evibx",
+  "name": "Eaton Vance Income Fund of Boston",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0033264701848843494,
+  "alpha_t_5y": 0.40694341013511226,
+  "alpha_t_full": 0.26411188399054514,
+  "r2_5y": 0.8314175080883823,
+  "r2_full": 0.8360460811371997,
+  "corr_portfolio": 0.3100889943584041,
+  "corr_benchmark": 0.4472616460605401,
+  "alpha_pos_frac": 0.3917525773195876,
+  "fund_max_dd": -0.36749081489536306,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.87, iwm +0.02",
+  "ref_full": "vweax +0.91, vwo +0.01, djp +0.01, ief -0.10, agg +0.12"
+ },
+ "evifx": {
+  "sym": "evifx",
+  "name": "Eaton Vance Balanced Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00854777821411399,
+  "alpha_t_5y": -0.5547292516635882,
+  "alpha_t_full": -0.8937299027838091,
+  "r2_5y": 0.8902349794278788,
+  "r2_full": 0.9200334921316141,
+  "corr_portfolio": 0.23962413445236072,
+  "corr_benchmark": 0.699215552917389,
+  "alpha_pos_frac": 0.4628975265017668,
+  "fund_max_dd": -0.4269042312437241,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.52, ief +0.25, qqq +0.06",
+  "ref_full": "ivv +0.50, ief +0.18, vwo +0.05, vnq +0.02, qqq +0.05, djp +0.02"
+ },
+ "evtmx": {
+  "sym": "evtmx",
+  "name": "Eaton Vance Dividend Builder Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.019427912851093833,
+  "alpha_t_5y": -1.109205164380234,
+  "alpha_t_full": -0.7399769636657944,
+  "r2_5y": 0.9110414089511033,
+  "r2_full": 0.9338857919408174,
+  "corr_portfolio": 0.34464828061221303,
+  "corr_benchmark": 0.5954258697915347,
+  "alpha_pos_frac": 0.5201793721973094,
+  "fund_max_dd": -0.5373554575806381,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.09, qqq -0.33, vnq +0.09, vea +0.05",
+  "ref_full": "ivv +0.88, efa +0.13, qqq -0.12, gsg +0.03, agg +0.07, gld +0.02"
+ },
+ "evvcx": {
+  "sym": "evvcx",
+  "name": "The E-Valuator Very Conservative (0%-15%) RMS Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010529507528671277,
+  "alpha_t_5y": -0.9990385875767915,
+  "alpha_t_full": -0.08942158026443663,
+  "r2_5y": 0.6369948010303702,
+  "r2_full": 0.4040678087488144,
+  "corr_portfolio": 0.17121927716575955,
+  "corr_benchmark": 0.5676574019199958,
+  "alpha_pos_frac": 0.49572649572649574,
+  "fund_max_dd": -0.1570482899340091,
+  "first": "2016-05-27",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.22, vea +0.28, efa -0.20, vweax +0.09, iwm +0.02, vblix +0.05",
+  "ref_full": "vweax +0.29, agg +0.03, iwm +0.07, tlt +0.11, fxe +0.08, vnq -0.02"
+ },
+ "exflx": {
+  "sym": "exflx",
+  "name": "Eaton Vance National Ultra-Short Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010481598019672952,
+  "alpha_t_5y": -2.817086424621931,
+  "alpha_t_full": 0.06195656037238968,
+  "r2_5y": 0.19324831831825495,
+  "r2_full": 0.07260026386411422,
+  "corr_portfolio": 0.08600758975449137,
+  "corr_benchmark": 0.06230192470661746,
+  "alpha_pos_frac": 0.43986254295532645,
+  "fund_max_dd": -0.1009068488382473,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.11, ivv -0.01",
+  "ref_full": "vweax +0.11, efa -0.01, agg +0.03"
+ },
+ "exmax": {
+  "sym": "exmax",
+  "name": "Eaton Vance Short Duration Municipal Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008221706294331868,
+  "alpha_t_5y": -1.1538893065396614,
+  "alpha_t_full": 0.7963119041648485,
+  "r2_5y": 0.37166730100476764,
+  "r2_full": 0.18037477463408003,
+  "corr_portfolio": 0.04408312634635546,
+  "corr_benchmark": 0.3119525480802339,
+  "alpha_pos_frac": 0.568904593639576,
+  "fund_max_dd": -0.09190534380991566,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.24, ief +0.08, ivv -0.03",
+  "ref_full": "vweax +0.16, agg +0.09, efa -0.03, vnq +0.01, fxy +0.02, vwo +0.01"
+ },
+ "exnax": {
+  "sym": "exnax",
+  "name": "Eaton Vance National Limited Maturity Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011739545859127976,
+  "alpha_t_5y": -1.6578731600691288,
+  "alpha_t_full": 0.6594075025507746,
+  "r2_5y": 0.35371845415330205,
+  "r2_full": 0.1902046150437514,
+  "corr_portfolio": 0.04265226594998753,
+  "corr_benchmark": 0.28915513693241757,
+  "alpha_pos_frac": 0.5265017667844523,
+  "fund_max_dd": -0.13809914542372126,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.23, ief +0.07, ivv -0.03",
+  "ref_full": "vweax +0.19, agg +0.08, efa -0.01, vnq +0.01, iwm -0.01, fxy +0.02"
+ },
+ "extgx": {
+  "sym": "extgx",
+  "name": "Eaton Vance Tax-Managed Growth Fund 1.2",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015422953924812723,
+  "alpha_t_5y": -1.6217883438056004,
+  "alpha_t_full": -1.1709235565832825,
+  "r2_5y": 0.9826529553891447,
+  "r2_full": 0.9788582406797632,
+  "corr_portfolio": 0.2608453934673268,
+  "corr_benchmark": 0.6073640322410885,
+  "alpha_pos_frac": 0.490272373540856,
+  "fund_max_dd": -0.5216534709796947,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.93, qqq +0.08, vnq -0.03",
+  "ref_full": "ivv +0.92, qqq +0.07, vnq -0.03, iwm +0.02, gld -0.01"
+ },
+ "facdx": {
+  "sym": "facdx",
+  "name": "Fidelity Advisor Health Care Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010864563821824267,
+  "alpha_t_5y": -0.22107207003722515,
+  "alpha_t_full": 0.9497200085029388,
+  "r2_5y": 0.5840601039175325,
+  "r2_full": 0.6967310519495418,
+  "corr_portfolio": 0.1584172014378725,
+  "corr_benchmark": 0.510467909846289,
+  "alpha_pos_frac": 0.49361702127659574,
+  "fund_max_dd": -0.44867367235766464,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.27, ivv +0.37, vnq +0.13, gsg -0.07, fxe +0.14",
+  "ref_full": "ivv +0.61, iwm +0.28, vnq -0.09, gsg -0.05, agg +0.19"
+ },
+ "facfx": {
+  "sym": "facfx",
+  "name": "Fidelity Advisor Freedom 2010 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004906588904720124,
+  "alpha_t_5y": -0.9300273305774542,
+  "alpha_t_full": -0.7315106480556933,
+  "r2_5y": 0.961342889466051,
+  "r2_full": 0.9289688669468041,
+  "corr_portfolio": 0.2772893596403795,
+  "corr_benchmark": 0.7759795438119732,
+  "alpha_pos_frac": 0.6412556053811659,
+  "fund_max_dd": -0.38265871388299755,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.11, agg +0.54, ivv +0.09, vwo +0.07, gsg +0.02, iwm +0.02",
+  "ref_full": "efa +0.13, ivv +0.16, ief +0.22, vwo +0.07, vnq +0.04, djp +0.03"
+ },
+ "facnx": {
+  "sym": "facnx",
+  "name": "Fidelity Canada Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017115554024858797,
+  "alpha_t_5y": 0.5292637617073076,
+  "alpha_t_full": -0.981283698021682,
+  "r2_5y": 0.7624852598543362,
+  "r2_full": 0.7909479553818144,
+  "corr_portfolio": 0.34299985498483593,
+  "corr_benchmark": 0.4977936409115238,
+  "alpha_pos_frac": 0.47085201793721976,
+  "fund_max_dd": -0.5817797075183647,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.97, gsg +0.14, iwm +0.08, vnq +0.12, efa -0.52, ivv +0.13",
+  "ref_full": "efa +0.29, gsg +0.19, ivv +0.34, gld +0.14, vweax +0.30, vwo +0.10"
+ },
+ "fafdx": {
+  "sym": "fafdx",
+  "name": "Fidelity Advisor Financials Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03498848728349692,
+  "alpha_t_5y": 0.9308976692880987,
+  "alpha_t_full": 0.4716411142849572,
+  "r2_5y": 0.8137897684019221,
+  "r2_full": 0.845980681514658,
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+  "corr_benchmark": 0.41609589226677446,
+  "alpha_pos_frac": 0.49019607843137253,
+  "fund_max_dd": -0.7568907112010624,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.41, ivv +1.61, qqq -0.95, ief -0.27, gld -0.10, efa +0.13",
+  "ref_full": "ivv +1.36, qqq -0.70, iwm +0.39, vnq +0.16, gld -0.10, ief -0.26"
+ },
+ "fafrx": {
+  "sym": "fafrx",
+  "name": "FRANKLIN FLOATING RATE DAILY ACCESS FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.022954891982640134,
+  "alpha_t_5y": 2.1113960806669856,
+  "alpha_t_full": 0.5295897877872027,
+  "r2_5y": 0.3711964631845559,
+  "r2_full": 0.4670530461506571,
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+  "corr_benchmark": 0.20864848078718998,
+  "alpha_pos_frac": 0.5317919075144508,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.30, vmbix -0.00, vblix +0.40, tlt -0.23, agg -0.32",
+  "ref_full": "vweax +0.47, ief -0.07, iwm -0.01, agg +0.04"
+ },
+ "fagax": {
+  "sym": "fagax",
+  "name": "Fidelity Advisor Growth Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03390179533373587,
+  "alpha_t_5y": -1.2184604742898182,
+  "alpha_t_full": -0.3587704448994575,
+  "r2_5y": 0.9308842062577278,
+  "r2_full": 0.9118411761897247,
+  "corr_portfolio": 0.12142345178805553,
+  "corr_benchmark": 0.5984048180295308,
+  "alpha_pos_frac": 0.49800796812749004,
+  "fund_max_dd": -0.6523576145651425,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.93, iwm +0.21, vnq -0.09, vwo +0.11, efa -0.09",
+  "ref_full": "qqq +0.78, iwm +0.21, vwo +0.11, gsg +0.06, vnq -0.05, agg +0.15"
+ },
+ "fagix": {
+  "sym": "fagix",
+  "name": "Fidelity Capital & Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.011840605193678666,
+  "alpha_t_5y": 1.1112962646429874,
+  "alpha_t_full": 0.6882485912531298,
+  "r2_5y": 0.8561766122292912,
+  "r2_full": 0.8598282395401691,
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+  "corr_benchmark": 0.5669019457657691,
+  "alpha_pos_frac": 0.45867768595041325,
+  "fund_max_dd": -0.3779621835428717,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.15, vweax +0.66, iwm +0.08, vnq -0.06, vwo +0.05, fxe -0.05",
+  "ref_full": "vweax +0.88, ivv +0.11, vnq -0.04, iwm +0.07, djp +0.03, qqq +0.03"
+ },
+ "fairx": {
+  "sym": "fairx",
+  "name": "The Fairholme Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0024230649846417886,
+  "alpha_t_5y": 0.029301432833289842,
+  "alpha_t_full": 0.30747971875881924,
+  "r2_5y": 0.4463602576856641,
+  "r2_full": 0.5260859114221316,
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+  "alpha_pos_frac": 0.5659574468085107,
+  "fund_max_dd": -0.512814774277214,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.52, vnq +0.37, gsg +0.08",
+  "ref_full": "iwm +0.48, efa +0.15, gsg +0.05, vnq +0.06, vweax +0.19"
+ },
+ "famex": {
+  "sym": "famex",
+  "name": "FAM Dividend Focus Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03378232960786369,
+  "alpha_t_5y": -1.1501159008805144,
+  "alpha_t_full": -0.12703488747678965,
+  "r2_5y": 0.824905079627178,
+  "r2_full": 0.8784334230839524,
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+  "corr_benchmark": 0.572325009785842,
+  "alpha_pos_frac": 0.5617021276595745,
+  "fund_max_dd": -0.5468467499332202,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.03, vnq +0.13, qqq -0.31, iwm +0.13, gsg -0.06",
+  "ref_full": "ivv +0.73, iwm +0.28, vnq +0.06, qqq -0.14, gsg -0.04, vwo -0.05"
+ },
+ "fascx": {
+  "sym": "fascx",
+  "name": "Franklin Alternative Strategies Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0190421744292769,
+  "alpha_t_5y": -1.7874603691324094,
+  "alpha_t_full": -1.4366663351180287,
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+  "r2_full": 0.6549079502862036,
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+  "alpha_pos_frac": 0.47619047619047616,
+  "fund_max_dd": -0.11600516970554242,
+  "first": "2013-11-21",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "ivv +0.03, vwo +0.05, iwm +0.04, vweax +0.11, vmbix -0.06, qqq +0.04",
+  "ref_full": "ivv -0.04, iwm +0.06, vea +0.06, qqq +0.08, vweax +0.13, vmbix -0.09"
+ },
+ "faztx": {
+  "sym": "faztx",
+  "name": "Nuveen Arizona Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01678883305850498,
+  "alpha_t_5y": -1.3256571236215027,
+  "alpha_t_full": 0.5214627964986025,
+  "r2_5y": 0.3932340443178928,
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+  "alpha_pos_frac": 0.5838150289017341,
+  "fund_max_dd": -0.15616600086571886,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.31, vblix +0.26, ivv -0.12, tlt -0.13, vnq +0.03, qqq +0.04",
+  "ref_full": "vweax +0.26, ief +0.15, fxy +0.03, gsg -0.01"
+ },
+ "fbdix": {
+  "sym": "fbdix",
+  "name": "FRANKLIN BIOTECHNOLOGY DISCOVERY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03618358446208119,
+  "alpha_t_5y": 0.5003598729003873,
+  "alpha_t_full": 0.6578564857091812,
+  "r2_5y": 0.474707405113724,
+  "r2_full": 0.5573656525550192,
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+  "corr_benchmark": 0.41652450076689934,
+  "alpha_pos_frac": 0.46808510638297873,
+  "fund_max_dd": -0.7143588836156631,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.63, qqq +0.12, gsg -0.08",
+  "ref_full": "iwm +0.63, qqq +0.42, vnq -0.12, agg +0.19, ivv -0.15, gsg -0.04"
+ },
+ "fblax": {
+  "sym": "fblax",
+  "name": "Franklin Managed Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00481514860503127,
+  "alpha_t_5y": 0.41494251180930836,
+  "alpha_t_full": 0.11628960875513139,
+  "r2_5y": 0.8779376650097338,
+  "r2_full": 0.8890141264244266,
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+  "corr_benchmark": 0.6543477187611954,
+  "alpha_pos_frac": 0.49230769230769234,
+  "fund_max_dd": -0.4487957007534765,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.62, vmbix +0.37, qqq -0.30, efa +0.06, vnq +0.05, vweax +0.16",
+  "ref_full": "ivv +0.48, vweax +0.22, qqq -0.16, agg +0.21, efa +0.09, iwm +0.04"
+ },
+ "fbnd": {
+  "sym": "fbnd",
+  "name": "Fidelity Total Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0016759635953207481,
+  "alpha_t_5y": 0.2909682662492228,
+  "alpha_t_full": 0.10209301518814244,
+  "r2_5y": 0.9435717392859491,
+  "r2_full": 0.8552439622617313,
+  "corr_portfolio": -0.0009964047501210768,
+  "corr_benchmark": 0.7554662838270836,
+  "alpha_pos_frac": 0.4306569343065693,
+  "fund_max_dd": -0.17254692560716944,
+  "first": "2014-10-10",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.68, vweax +0.09, vnq +0.01, vblix +0.05, efa +0.02, ief +0.08",
+  "ref_full": "agg +1.30, ief -0.19, vweax +0.13, vmbix -0.16, vea +0.01"
+ },
+ "fbtax": {
+  "sym": "fbtax",
+  "name": "Fidelity Advisor Biotechnology Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.08419794263865252,
+  "alpha_t_5y": 1.1058505922498891,
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+  "r2_5y": 0.4244712712630191,
+  "r2_full": 0.5301455470329657,
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+  "corr_benchmark": 0.4038614049451485,
+  "alpha_pos_frac": 0.4765957446808511,
+  "fund_max_dd": -0.6289918622825176,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.68, gsg -0.07, agg +0.26",
+  "ref_full": "iwm +0.60, qqq +0.37, vnq -0.12, agg +0.21, vwo -0.06"
+ },
+ "fcamx": {
+  "sym": "fcamx",
+  "name": "FRANKLIN CALIFORNIA HIGH YIELD MUNICIPAL FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011249948792297354,
+  "alpha_t_5y": -0.7789056202143914,
+  "alpha_t_full": 0.9665845260886519,
+  "r2_5y": 0.42589468206651515,
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+  "corr_portfolio": 0.03850827738175056,
+  "corr_benchmark": 0.36201765742760234,
+  "alpha_pos_frac": 0.5953757225433526,
+  "fund_max_dd": -0.2386617056903637,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.37, vblix +0.36, ivv -0.08, tlt -0.19, vnq +0.02",
+  "ref_full": "agg +0.13, vweax +0.33, ief +0.10, efa -0.03, fxy +0.04, vnq +0.01"
+ },
+ "fceex": {
+  "sym": "fceex",
+  "name": "Franklin Emerging Market Core Equity (IU) Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.010002534390215617,
+  "alpha_t_5y": 0.43958730115275396,
+  "alpha_t_full": 0.3784938388997778,
+  "r2_5y": 0.9108949117585668,
+  "r2_full": 0.8988826458481967,
+  "corr_portfolio": 0.23480754616219335,
+  "corr_benchmark": 0.4880889300229964,
+  "alpha_pos_frac": 0.5064935064935064,
+  "fund_max_dd": -0.3539794229784453,
+  "first": "2019-09-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.82, vea +1.49, efa -1.31, vnq -0.08, fxy -0.06",
+  "ref_full": "vwo +0.76, vnq -0.10, vea +1.49, efa -1.31, gsg -0.02, vblix +0.04"
+ },
+ "fcenx": {
+  "sym": "fcenx",
+  "name": "Franklin International Core Equity (IU) Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.014309176010177083,
+  "alpha_t_5y": 0.9988783430550688,
+  "alpha_t_full": 1.0872637972553436,
+  "r2_5y": 0.9529448410583891,
+  "r2_full": 0.9477578267993513,
+  "corr_portfolio": 0.3619692691169246,
+  "corr_benchmark": 0.58434975848933,
+  "alpha_pos_frac": 0.5064935064935064,
+  "fund_max_dd": -0.3153236061461101,
+  "first": "2019-09-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.92, fxe +0.07",
+  "ref_full": "efa +0.73, fxe +0.10, vnq -0.02, vea +0.17"
+ },
+ "fceux": {
+  "sym": "fceux",
+  "name": "Franklin U.S. Core Equity (IU) Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.010216506436289977,
+  "alpha_t_5y": 0.9477141847979257,
+  "alpha_t_full": 0.6376563190709384,
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+  "r2_full": 0.9803351370335917,
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+  "corr_benchmark": 0.6475969505923079,
+  "alpha_pos_frac": 0.5194805194805194,
+  "fund_max_dd": -0.33565206497594235,
+  "first": "2019-09-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.97, vnq -0.03, iwm +0.02, fxe -0.03",
+  "ref_full": "ivv +0.94, qqq +0.03, vmbix -0.14, ief +0.09"
+ },
+ "fcfgx": {
+  "sym": "fcfgx",
+  "name": "American Funds College 2039 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015644866360853805,
+  "alpha_t_5y": -1.491036715585919,
+  "alpha_t_full": -1.491036715585919,
+  "r2_5y": 0.9709245179711635,
+  "r2_full": 0.9709245179711635,
+  "corr_portfolio": 0.08664456042409864,
+  "corr_benchmark": 0.696757137721194,
+  "alpha_pos_frac": 0.5789473684210527,
+  "fund_max_dd": -0.28161082936944826,
+  "first": "2021-05-24",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.35, vea +0.18, iwm +0.08, qqq +0.13, vweax +0.17, vwo +0.05",
+  "ref_full": "ivv +0.35, vea +0.18, iwm +0.08, qqq +0.13, vweax +0.17, vwo +0.05"
+ },
+ "fcfix": {
+  "sym": "fcfix",
+  "name": "FROST CREDIT FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017973664535101852,
+  "alpha_t_5y": 2.9834783391990674,
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+  "r2_5y": 0.7188471038783687,
+  "r2_full": 0.4155270742145907,
+  "corr_portfolio": 0.16484050675681672,
+  "corr_benchmark": 0.4371833316696329,
+  "alpha_pos_frac": 0.46540880503144655,
+  "fund_max_dd": -0.1629283070149985,
+  "first": "2012-12-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.29, vweax +0.19",
+  "ref_full": "vweax +0.22, ief +0.15, vnq +0.01, tlt -0.16, vblix +0.20"
+ },
+ "fclax": {
+  "sym": "fclax",
+  "name": "Fidelity Advisor Industrials Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.015149185042905135,
+  "alpha_t_5y": 0.3852811866833245,
+  "alpha_t_full": 1.0749525840829517,
+  "r2_5y": 0.797520053724927,
+  "r2_full": 0.8814844865118943,
+  "corr_portfolio": 0.3309650341145926,
+  "corr_benchmark": 0.5141021587520699,
+  "alpha_pos_frac": 0.5246636771300448,
+  "fund_max_dd": -0.6094768004876102,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.37, ivv +1.17, qqq -0.48, vnq -0.11, vea +0.20, fxe -0.20",
+  "ref_full": "ivv +0.78, iwm +0.34, qqq -0.20, efa +0.11, agg -0.20, vweax +0.16"
+ },
+ "fcntx": {
+  "sym": "fcntx",
+  "name": "Fidelity Contrafund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0003021580508344075,
+  "alpha_t_5y": 0.014747181525429698,
+  "alpha_t_full": -0.2817297307151391,
+  "r2_5y": 0.9348944607339281,
+  "r2_full": 0.9480033761291506,
+  "corr_portfolio": 0.20170175767252355,
+  "corr_benchmark": 0.5989765749811644,
+  "alpha_pos_frac": 0.48249027237354086,
+  "fund_max_dd": -0.49190812210089196,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.36, ivv +0.68, vnq -0.08",
+  "ref_full": "qqq +0.43, ivv +0.55, vnq -0.05, gld +0.04, gsg +0.02"
+ },
+ "fcotx": {
+  "sym": "fcotx",
+  "name": "Nuveen Colorado Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0162715512411039,
+  "alpha_t_5y": -1.2395644179342666,
+  "alpha_t_full": 0.6705902555605122,
+  "r2_5y": 0.4011447104110152,
+  "r2_full": 0.24121245725234186,
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+  "corr_benchmark": 0.34940796650289535,
+  "alpha_pos_frac": 0.5895953757225434,
+  "fund_max_dd": -0.15654470309847024,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.31, ief +0.07, ivv -0.07, vnq +0.03, vblix +0.25, tlt -0.15",
+  "ref_full": "vweax +0.28, ief +0.15, fxy +0.04, gsg -0.01, vnq +0.02, efa -0.02"
+ },
+ "fcspx": {
+  "sym": "fcspx",
+  "name": "Federated Hermes Corporate Bond Strategy Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005048539361298459,
+  "alpha_t_5y": 1.0037887242071843,
+  "alpha_t_full": -2.8027189334427334,
+  "r2_5y": 0.9671062424243626,
+  "r2_full": 0.8636057898131848,
+  "corr_portfolio": 0.0036003250864469847,
+  "corr_benchmark": 0.7174366875673085,
+  "alpha_pos_frac": 0.6473988439306358,
+  "fund_max_dd": -0.21936879544092025,
+  "first": "2009-07-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.68, tlt -0.31, ief +0.22, vweax +0.13, agg +0.09",
+  "ref_full": "agg +0.19, vweax +0.47, tlt +0.12, ief +0.31"
+ },
+ "fcssx": {
+  "sym": "fcssx",
+  "name": "Fidelity Series Commodity Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 8.411696500450926,
+  "alpha_t_5y": 0.9686326330650461,
+  "alpha_t_full": -0.19949115861650848,
+  "r2_5y": -2.220446049250313e-16,
+  "r2_full": 0.9744252732628349,
+  "corr_portfolio": 0.023052033980061434,
+  "corr_benchmark": -0.003715942054560759,
+  "alpha_pos_frac": 0.4727272727272727,
+  "fund_max_dd": -1.0974795364693846,
+  "first": "2012-05-24",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "finux -0.01, djp +0.89"
+ },
+ "fcstx": {
+  "sym": "fcstx",
+  "name": "Fidelity California Limited Term Tax-Free Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016264857258776494,
+  "alpha_t_5y": -2.4678817248902805,
+  "alpha_t_full": 0.6050897404379775,
+  "r2_5y": 0.34514290822407523,
+  "r2_full": 0.23792112303928192,
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+  "corr_benchmark": 0.3031346008553022,
+  "alpha_pos_frac": 0.4959016393442623,
+  "fund_max_dd": -0.07509145610850854,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.21, ief +0.07, ivv -0.03",
+  "ref_full": "vweax +0.13, ief +0.03, fxy +0.02, agg +0.04, gsg -0.01, vnq +0.00"
+ },
+ "fcttx": {
+  "sym": "fcttx",
+  "name": "Nuveen Connecticut Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01695160612872977,
+  "alpha_t_5y": -1.2269353276904005,
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+  "r2_5y": 0.3826161046528378,
+  "r2_full": 0.2404765368505295,
+  "corr_portfolio": 0.035952118268702454,
+  "corr_benchmark": 0.3558047168963356,
+  "alpha_pos_frac": 0.6127167630057804,
+  "fund_max_dd": -0.16259228522126123,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.34, ief +0.07, ivv -0.07, vnq +0.03, vblix +0.24, tlt -0.14",
+  "ref_full": "vweax +0.27, ief +0.16, fxy +0.03, gsg -0.01"
+ },
+ "fcvsx": {
+  "sym": "fcvsx",
+  "name": "Fidelity Convertible Securities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0023100455982079495,
+  "alpha_t_5y": 0.09560102005390253,
+  "alpha_t_full": 0.06140011645136923,
+  "r2_5y": 0.8388379976109717,
+  "r2_full": 0.8306946451898225,
+  "corr_portfolio": 0.1885307532130471,
+  "corr_benchmark": 0.5699837163675809,
+  "alpha_pos_frac": 0.5338645418326693,
+  "fund_max_dd": -0.5876181961889296,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.39, qqq +0.36, ivv -0.23, vwo +0.08, gld +0.05, vnq -0.05",
+  "ref_full": "ivv +0.05, iwm +0.24, vwo +0.11, qqq +0.20, djp +0.08, vweax +0.26"
+ },
+ "fdbax": {
+  "sym": "fdbax",
+  "name": "Federated Hermes Corporate Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003901944162584248,
+  "alpha_t_5y": -0.680712620594124,
+  "alpha_t_full": 0.18154807856459995,
+  "r2_5y": 0.9393567813231465,
+  "r2_full": 0.8472780864473888,
+  "corr_portfolio": 0.026181063107477583,
+  "corr_benchmark": 0.7506800983815016,
+  "alpha_pos_frac": 0.5028901734104047,
+  "fund_max_dd": -0.20072330473352673,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.35, vweax +0.15, vblix +0.29, tlt -0.11, ief +0.13, vwo +0.01",
+  "ref_full": "ief +0.30, vweax +0.41, tlt +0.08, agg +0.10, efa +0.01, gsg +0.01"
+ },
+ "fdcax": {
+  "sym": "fdcax",
+  "name": "Fidelity Capital Appreciation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0016543345079866034,
+  "alpha_t_5y": 0.09858602263810874,
+  "alpha_t_full": -0.19252800625155317,
+  "r2_5y": 0.954063613575389,
+  "r2_full": 0.93442891825276,
+  "corr_portfolio": 0.2251570152370107,
+  "corr_benchmark": 0.6047465784425757,
+  "alpha_pos_frac": 0.48878923766816146,
+  "fund_max_dd": -0.5852813709043551,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.52, qqq +0.30, iwm +0.10, vea +0.28, vnq -0.03, efa -0.19",
+  "ref_full": "ivv +0.45, qqq +0.31, iwm +0.16, efa +0.06, vwo +0.03, fxy -0.03"
+ },
+ "fdegx": {
+  "sym": "fdegx",
+  "name": "Fidelity Growth Strategies Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04358836270765385,
+  "alpha_t_5y": -1.152827012184535,
+  "alpha_t_full": -2.003358451303342,
+  "r2_5y": 0.8502850567464995,
+  "r2_full": 0.8839843810084402,
+  "corr_portfolio": 0.1862629218995779,
+  "corr_benchmark": 0.6046848070126736,
+  "alpha_pos_frac": 0.5631067961165048,
+  "fund_max_dd": -0.859635015750664,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.14, iwm +0.38, qqq +0.52",
+  "ref_full": "ivv +0.31, iwm +0.33, qqq +0.38, gld +0.05, vnq -0.03, vweax +0.09"
+ },
+ "fdetx": {
+  "sym": "fdetx",
+  "name": "Fidelity Advisor Capital Development Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02908158556386658,
+  "alpha_t_5y": 1.813919016611665,
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+  "r2_5y": 0.9490395634190206,
+  "r2_full": 0.9475102735070378,
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+  "corr_benchmark": 0.5268509478436089,
+  "alpha_pos_frac": 0.5605381165919282,
+  "fund_max_dd": -0.5771539975262909,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.30, qqq -0.41, iwm +0.14, vnq -0.15, vea +0.14, gsg +0.05",
+  "ref_full": "ivv +0.74, iwm +0.17, gsg +0.06, efa +0.09, tlt -0.06, qqq -0.07"
+ },
+ "fdgfx": {
+  "sym": "fdgfx",
+  "name": "Fidelity Dividend Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02793383145869089,
+  "alpha_t_5y": 1.4745976029030325,
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+  "r2_full": 0.9410843978905061,
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+  "corr_benchmark": 0.5557222813201049,
+  "alpha_pos_frac": 0.5022421524663677,
+  "fund_max_dd": -0.6077405108376344,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.95, vea +0.71, efa -0.57, iwm +0.09, vnq -0.08, qqq -0.13",
+  "ref_full": "ivv +0.90, iwm +0.19, qqq -0.15, efa +0.10, djp +0.04, tlt -0.04"
+ },
+ "fdgrx": {
+  "sym": "fdgrx",
+  "name": "Fidelity Growth Company Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.013920074460362777,
+  "alpha_t_5y": 0.6270049470357714,
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+  "r2_5y": 0.9511797783837656,
+  "r2_full": 0.9433221485602405,
+  "corr_portfolio": 0.12394418778043025,
+  "corr_benchmark": 0.5980032114589615,
+  "alpha_pos_frac": 0.45136186770428016,
+  "fund_max_dd": -0.7160962192820404,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.93, iwm +0.17, vnq -0.08",
+  "ref_full": "qqq +0.75, iwm +0.20, djp +0.04, vnq -0.05, ivv +0.13, agg +0.06"
+ },
+ "fdiax": {
+  "sym": "fdiax",
+  "name": "Fidelity Advisor Limited Term Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0033994375657386165,
+  "alpha_t_5y": -0.7944720294355098,
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+  "r2_5y": 0.8555031289488081,
+  "r2_full": 0.743761828681454,
+  "corr_portfolio": -0.018102776527452603,
+  "corr_benchmark": 0.546594315268974,
+  "alpha_pos_frac": 0.44508670520231214,
+  "fund_max_dd": -0.12359661213019124,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.36, tlt -0.23, vblix +0.16, vweax +0.08, ivv -0.01, agg +0.13",
+  "ref_full": "ief +0.42, vweax +0.20, tlt -0.08, fxy +0.01, qqq -0.01, agg +0.04"
+ },
+ "fdivx": {
+  "sym": "fdivx",
+  "name": "Fidelity Diversified International Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.024858894311284317,
+  "alpha_t_5y": -1.50724330213499,
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+  "r2_5y": 0.9482562410301831,
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+  "corr_benchmark": 0.5706807075409515,
+  "alpha_pos_frac": 0.5605381165919282,
+  "fund_max_dd": -0.6061358295416244,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.49, qqq +0.20, efa +0.43, ivv -0.12, gsg -0.02, vnq -0.03",
+  "ref_full": "efa +0.74, qqq +0.12, vweax +0.27, gld +0.04, vwo +0.04, vnq -0.02"
+ },
+ "fdmmx": {
+  "sym": "fdmmx",
+  "name": "Fidelity Massachusetts Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01659075689794425,
+  "alpha_t_5y": -1.4472761359441446,
+  "alpha_t_full": 0.6984404530001478,
+  "r2_5y": 0.3914505928591643,
+  "r2_full": 0.2860698661403478,
+  "corr_portfolio": 0.025630498160248337,
+  "corr_benchmark": 0.3568399651005173,
+  "alpha_pos_frac": 0.5486381322957199,
+  "fund_max_dd": -0.15424407274094143,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.36, ief +0.12, ivv -0.11, vnq +0.03, qqq +0.04",
+  "ref_full": "agg +0.13, vweax +0.25, ief +0.07, fxy +0.04, efa -0.03, vnq +0.01"
+ },
+ "fdvax": {
+  "sym": "fdvax",
+  "name": "Fidelity Advisor Diversified International Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.027994041905155864,
+  "alpha_t_5y": -1.6354955639862383,
+  "alpha_t_full": -1.8065240676278642,
+  "r2_5y": 0.9442936356641148,
+  "r2_full": 0.9471105813708922,
+  "corr_portfolio": 0.32879646650734784,
+  "corr_benchmark": 0.569276083799587,
+  "alpha_pos_frac": 0.5336322869955157,
+  "fund_max_dd": -0.6134486944944495,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.49, qqq +0.20, efa +0.43, ivv -0.12, vnq -0.04, gsg -0.02",
+  "ref_full": "efa +0.76, qqq +0.11, vweax +0.24, gld +0.04, vnq -0.02, vwo +0.03"
+ },
+ "fedax": {
+  "sym": "fedax",
+  "name": "Fidelity Emerging Markets Discovery Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.030931192646971462,
+  "alpha_t_5y": 1.1144878957735944,
+  "alpha_t_full": 0.6967303814204109,
+  "r2_5y": 0.7962958477121467,
+  "r2_full": 0.8031477427906044,
+  "corr_portfolio": 0.34162157917271996,
+  "corr_benchmark": 0.4723803465147453,
+  "alpha_pos_frac": 0.5058139534883721,
+  "fund_max_dd": -0.4334868260688586,
+  "first": "2011-11-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.55, vea +0.65, efa -0.47, vweax +0.21",
+  "ref_full": "vwo +0.49, vweax +0.46, vea +0.79, efa -0.64"
+ },
+ "felax": {
+  "sym": "felax",
+  "name": "Fidelity Advisor Semiconductors Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.15053435276452348,
+  "alpha_t_5y": 2.109993409918964,
+  "alpha_t_full": 1.0134073902976608,
+  "r2_5y": 0.8150877188981039,
+  "r2_full": 0.7738398679201817,
+  "corr_portfolio": 0.12357542132193626,
+  "corr_benchmark": 0.5211266686995956,
+  "alpha_pos_frac": 0.484304932735426,
+  "fund_max_dd": -0.7133442700324912,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.88, vnq -0.30, iwm +0.37, ivv -0.95, vea +0.98, efa -0.71",
+  "ref_full": "qqq +1.18, iwm +0.39, vnq -0.14, ivv -0.29, vwo +0.08"
+ },
+ "femdx": {
+  "sym": "femdx",
+  "name": "Franklin Emerging Market Debt Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.04591033861140869,
+  "alpha_t_5y": 2.285696152401563,
+  "alpha_t_full": 3.2070292023582603,
+  "r2_5y": 0.31731768524162585,
+  "r2_full": 0.36585582373222625,
+  "corr_portfolio": 0.2779203240903428,
+  "corr_benchmark": 0.33892249219330767,
+  "alpha_pos_frac": 0.5914893617021276,
+  "fund_max_dd": -0.31805876057279303,
+  "first": "2007-06-04",
+  "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.42, vwo +0.08, fxe +0.05, gsg -0.03, qqq -0.05, efa +0.07",
+  "ref_full": "vweax +0.41, vwo +0.07, fxe +0.05, ivv -0.04, tlt +0.02, efa +0.03"
+ },
+ "femgx": {
+  "sym": "femgx",
+  "name": "Templeton Sustainable Emerging Markets Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00863013014271886,
+  "alpha_t_5y": 0.4092548279042015,
+  "alpha_t_full": -0.25120768619226497,
+  "r2_5y": 0.5823020060542048,
+  "r2_full": 0.367798817749181,
+  "corr_portfolio": 0.21856443755349889,
+  "corr_benchmark": 0.3307613733122681,
+  "alpha_pos_frac": 0.5197368421052632,
+  "fund_max_dd": -0.3373578518252792,
+  "first": "2013-06-27",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.15, fxe +0.26, vweax +0.30, vwo +0.12, qqq -0.08, vmbix +0.17",
+  "ref_full": "vwo +0.15, vmbix +0.23, vweax +0.17, fxe +0.06, qqq -0.06, vea +0.08"
+ },
+ "feqmx": {
+  "sym": "feqmx",
+  "name": "Fidelity Emerging Markets Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01691989307112026,
+  "alpha_t_5y": -0.6551954665835341,
+  "alpha_t_full": -0.6551954665835341,
+  "r2_5y": 0.9114734156136401,
+  "r2_full": 0.9114734156136401,
+  "corr_portfolio": 0.041991760606344894,
+  "corr_benchmark": 0.5045930583729181,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.4135828622684036,
+  "first": "2021-05-12",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.78, qqq +0.45, ivv -0.45, vea +1.25, efa -1.06, gld -0.06",
+  "ref_full": "vwo +0.78, qqq +0.45, ivv -0.45, vea +1.25, efa -1.06, gld -0.06"
+ },
+ "feqtx": {
+  "sym": "feqtx",
+  "name": "Fidelity Equity Dividend Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.031244418843982512,
+  "alpha_t_5y": 1.7743781445842042,
+  "alpha_t_full": 1.295740235678384,
+  "r2_5y": 0.9024968125247602,
+  "r2_full": 0.9477575207395706,
+  "corr_portfolio": 0.42123668014508014,
+  "corr_benchmark": 0.5139673475288897,
+  "alpha_pos_frac": 0.47058823529411764,
+  "fund_max_dd": -0.6085816602963456,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.13, vnq +0.09, efa +0.15, ivv +1.20, qqq -0.68, gld -0.02",
+  "ref_full": "ivv +1.06, qqq -0.45, vnq +0.08, efa +0.15, iwm +0.11, gld -0.04"
+ },
+ "feugx": {
+  "sym": "feugx",
+  "name": "FEDERATED HERMES ADJUSTABLE RATE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0007332948363833321,
+  "alpha_t_5y": -0.13210620405564494,
+  "alpha_t_full": 0.39937653452962874,
+  "r2_5y": 0.25559192742305303,
+  "r2_full": 0.1803148151565781,
+  "corr_portfolio": 0.0260029236951217,
+  "corr_benchmark": 0.2366487782712872,
+  "alpha_pos_frac": 0.3745583038869258,
+  "fund_max_dd": -0.12825629299357133,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.14, ief +0.05, efa -0.02",
+  "ref_full": "ief +0.09, vweax +0.08, tlt -0.02, djp -0.00"
+ },
+ "ffalx": {
+  "sym": "ffalx",
+  "name": "FRANKLIN GLOBAL ALLOCATION FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0031993498461132266,
+  "alpha_t_5y": -0.3499725986221737,
+  "alpha_t_full": -0.993136810535482,
+  "r2_5y": 0.9543426742459927,
+  "r2_full": 0.8348837172985025,
+  "corr_portfolio": 0.3270600187158144,
+  "corr_benchmark": 0.5435994404182711,
+  "alpha_pos_frac": 0.49743589743589745,
+  "fund_max_dd": -0.5314484690991006,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.47, vea +0.17, vmbix +0.18, vwo +0.06, qqq -0.06, vnq -0.03",
+  "ref_full": "efa +0.30, ivv +0.23, vweax +0.28, gsg +0.03, iwm +0.07, vnq -0.02"
+ },
+ "ffrsx": {
+  "sym": "ffrsx",
+  "name": "Federated Hermes Floating Rate Strategic Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.003261888089070371,
+  "alpha_t_5y": 0.45496158606260223,
+  "alpha_t_full": 1.0502779196591336,
+  "r2_5y": 0.48904149846015776,
+  "r2_full": 0.583492507896562,
+  "corr_portfolio": 0.29407866487899664,
+  "corr_benchmark": 0.22891958358552295,
+  "alpha_pos_frac": 0.5664739884393064,
+  "fund_max_dd": -0.1712664979912586,
+  "first": "2010-12-07",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.23, vmbix -0.02, vblix +0.37, tlt -0.23, agg -0.22",
+  "ref_full": "vweax +0.46, vmbix -0.12, qqq -0.01, vnq +0.01"
+ },
+ "ffsax": {
+  "sym": "ffsax",
+  "name": "Touchstone Flexible Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.003655159251096774,
+  "alpha_t_5y": 0.42301229372465676,
+  "alpha_t_full": 0.09984093422367941,
+  "r2_5y": 0.6277003157494196,
+  "r2_full": 0.49473140743445276,
+  "corr_portfolio": 0.18088247837182012,
+  "corr_benchmark": 0.5993567197173731,
+  "alpha_pos_frac": 0.47398843930635837,
+  "fund_max_dd": -0.37651836016373874,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.17, vweax +0.14, vblix +0.08, vnq +0.01, fxy +0.02",
+  "ref_full": "efa +0.02, agg +0.50, vweax +0.29, vnq +0.05, ief -0.15, vwo +0.04"
+ },
+ "fftfx": {
+  "sym": "fftfx",
+  "name": "FRANKLIN FEDERAL LIMITED-TERM TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012741702297788165,
+  "alpha_t_5y": -2.247628409014119,
+  "alpha_t_full": 0.28128595905172216,
+  "r2_5y": 0.37348960360531114,
+  "r2_full": 0.21922490763711866,
+  "corr_portfolio": 0.05755949120148044,
+  "corr_benchmark": 0.32465944651043854,
+  "alpha_pos_frac": 0.44074074074074077,
+  "fund_max_dd": -0.06517007617473558,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.19, ief +0.06, ivv -0.02",
+  "ref_full": "vweax +0.11, agg +0.06, fxy +0.02, gsg -0.00"
+ },
+ "ffxsx": {
+  "sym": "ffxsx",
+  "name": "Fidelity Limited Term Government Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0065148379584859945,
+  "alpha_t_5y": -1.325332462718205,
+  "alpha_t_full": -0.37346126864834517,
+  "r2_5y": 0.8417001013733718,
+  "r2_full": 0.7178951215560967,
+  "corr_portfolio": -0.16616767517191267,
+  "corr_benchmark": 0.4852882739335249,
+  "alpha_pos_frac": 0.4508670520231214,
+  "fund_max_dd": -0.0948285812724915,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.45, tlt -0.22, vblix +0.14, vmbix +0.10, efa -0.02, fxy +0.02",
+  "ref_full": "ief +0.41, tlt -0.09, vweax +0.04, fxy +0.02, agg +0.04"
+ },
+ "fgatx": {
+  "sym": "fgatx",
+  "name": "Nuveen Georgia Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02231769877193875,
+  "alpha_t_5y": -1.6850947183723148,
+  "alpha_t_full": -0.18811628657751525,
+  "r2_5y": 0.4052078964100758,
+  "r2_full": 0.24393363092384912,
+  "corr_portfolio": 0.032318706815332124,
+  "corr_benchmark": 0.3568452459259301,
+  "alpha_pos_frac": 0.630057803468208,
+  "fund_max_dd": -0.16907229091287612,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.25, vweax +0.31, ivv -0.07, vnq +0.02, tlt -0.14, vmbix +0.08",
+  "ref_full": "vweax +0.28, ief +0.16, fxy +0.04, gsg -0.01, vnq +0.01, efa -0.02"
+ },
+ "fgcsx": {
+  "sym": "fgcsx",
+  "name": "Federated Hermes Short-Intermediate Total Return Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0049643068854209535,
+  "alpha_t_5y": -1.0662962991586888,
+  "alpha_t_full": 0.7353973563740497,
+  "r2_5y": 0.8369196787798794,
+  "r2_full": 0.6134897824339128,
+  "corr_portfolio": -0.04608286499029638,
+  "corr_benchmark": 0.42466712748349456,
+  "alpha_pos_frac": 0.4913294797687861,
+  "fund_max_dd": -0.08511607163258161,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.39, tlt -0.22, vblix +0.16, vmbix +0.09, ivv -0.02, vweax +0.07",
+  "ref_full": "ief +0.50, vweax +0.16, tlt -0.09, ivv -0.01"
+ },
+ "fgfax": {
+  "sym": "fgfax",
+  "name": "Federated Hermes International Leaders Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012395444113161715,
+  "alpha_t_5y": -0.603840395418193,
+  "alpha_t_full": 0.39607865472556264,
+  "r2_5y": 0.9176933542932959,
+  "r2_full": 0.9175060077133547,
+  "corr_portfolio": 0.3805931616410568,
+  "corr_benchmark": 0.49968564669050536,
+  "alpha_pos_frac": 0.5201793721973094,
+  "fund_max_dd": -0.6146854013350171,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.72, fxe +0.16, vnq -0.05, vweax +0.15, vea +0.25, fxy -0.06",
+  "ref_full": "efa +0.84, vweax +0.27, fxe +0.16, fxy -0.06, iwm +0.05, tlt -0.03"
+ },
+ "fgiax": {
+  "sym": "fgiax",
+  "name": "Nuveen Global Infrastructure Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.020208221042509276,
+  "alpha_t_5y": 0.7100373696519954,
+  "alpha_t_full": 0.5544268896213962,
+  "r2_5y": 0.734588145818061,
+  "r2_full": 0.8128948711645527,
+  "corr_portfolio": 0.3381279296996438,
+  "corr_benchmark": 0.5592125070555943,
+  "alpha_pos_frac": 0.5412844036697247,
+  "fund_max_dd": -0.4934974147206159,
+  "first": "2007-12-19",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.30, vea +0.30, gsg +0.05, qqq -0.26, ivv +0.38, fxy +0.12",
+  "ref_full": "efa +0.42, vnq +0.07, vweax +0.34, gsg +0.05, ivv +0.35, qqq -0.17"
+ },
+ "fgilx": {
+  "sym": "fgilx",
+  "name": "Fidelity Global Equity Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005780319035064754,
+  "alpha_t_5y": 0.4942205562806286,
+  "alpha_t_full": 1.409092806040852,
+  "r2_5y": 0.9572746990688342,
+  "r2_full": 0.9592765562099896,
+  "corr_portfolio": 0.37670632423538847,
+  "corr_benchmark": 0.5906822857188216,
+  "alpha_pos_frac": 0.5180722891566265,
+  "fund_max_dd": -0.3059045335062318,
+  "first": "2012-05-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.73, efa +0.11, qqq -0.23, vea +0.26, vwo +0.02",
+  "ref_full": "ivv +0.58, vea +0.23, qqq -0.11, vweax +0.08, efa +0.13"
+ },
+ "fginx": {
+  "sym": "fginx",
+  "name": "Nomura Growth and Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.055227999008865,
+  "alpha_t_5y": 2.424718051536888,
+  "alpha_t_full": 1.5410044935237246,
+  "r2_5y": 0.8661383568407696,
+  "r2_full": 0.9332950059842497,
+  "corr_portfolio": 0.4225712991117054,
+  "corr_benchmark": 0.5141104912380355,
+  "alpha_pos_frac": 0.4484304932735426,
+  "fund_max_dd": -0.5480011413538514,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.35, qqq -0.65, iwm +0.15, gsg +0.04, vea +0.38, efa -0.31",
+  "ref_full": "ivv +0.89, qqq -0.26, iwm +0.19, tlt -0.05, efa +0.09, fxe -0.06"
+ },
+ "fgrax": {
+  "sym": "fgrax",
+  "name": "FRANKLIN GROWTH OPPORTUNITIES FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0645948395268709,
+  "alpha_t_5y": -2.470523960050479,
+  "alpha_t_full": -2.09449929608554,
+  "r2_5y": 0.925519318987142,
+  "r2_full": 0.9283708182324054,
+  "corr_portfolio": 0.11181137587730096,
+  "corr_benchmark": 0.615937543576532,
+  "alpha_pos_frac": 0.5202312138728323,
+  "fund_max_dd": -0.7869469659662806,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.88, iwm +0.11, vblix +0.06",
+  "ref_full": "qqq +0.69, iwm +0.15, ivv +0.16, djp +0.03, vwo +0.03, agg +0.08"
+ },
+ "fgrix": {
+  "sym": "fgrix",
+  "name": "Fidelity Growth & Income Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.021404194200755716,
+  "alpha_t_5y": 1.5160848799338718,
+  "alpha_t_full": 0.31620082866135935,
+  "r2_5y": 0.9524480493684695,
+  "r2_full": 0.944812388213359,
+  "corr_portfolio": 0.383795104572071,
+  "corr_benchmark": 0.5239910458103776,
+  "alpha_pos_frac": 0.5336322869955157,
+  "fund_max_dd": -0.6710297049395815,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.30, qqq -0.50, vea +0.15, iwm +0.12, vnq -0.09, gsg +0.04",
+  "ref_full": "ivv +0.98, qqq -0.24, iwm +0.13, vwo +0.05, ief -0.14, efa +0.08"
+ },
+ "fgsax": {
+  "sym": "fgsax",
+  "name": "Federated Hermes MDT Mid Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016585838360558998,
+  "alpha_t_5y": -0.46189527560668997,
+  "alpha_t_full": -1.248243647642304,
+  "r2_5y": 0.8585285923966005,
+  "r2_full": 0.8913425791431037,
+  "corr_portfolio": 0.17710111824068858,
+  "corr_benchmark": 0.5951487922604605,
+  "alpha_pos_frac": 0.5686274509803921,
+  "fund_max_dd": -0.6616477923954933,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.10, iwm +0.39, qqq +0.50, gld -0.04, vnq +0.06",
+  "ref_full": "ivv +0.36, iwm +0.35, qqq +0.33, djp +0.04, agg +0.12, vnq -0.03"
+ },
+ "fgtax": {
+  "sym": "fgtax",
+  "name": "Fidelity Mega Cap Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017845622039327803,
+  "alpha_t_5y": 1.0602433494930628,
+  "alpha_t_full": 1.702333462978892,
+  "r2_5y": 0.9422484931246282,
+  "r2_full": 0.9646564129356154,
+  "corr_portfolio": 0.35468380919499554,
+  "corr_benchmark": 0.5380637862395192,
+  "alpha_pos_frac": 0.5161290322580645,
+  "fund_max_dd": -0.5295284548947112,
+  "first": "2008-02-08",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.27, qqq -0.33, vnq -0.16, vea +0.14, gsg +0.05, iwm +0.07",
+  "ref_full": "ivv +0.98, qqq -0.13, vea +0.08, tlt -0.06, gsg +0.03, iwm +0.05"
+ },
+ "fgtix": {
+  "sym": "fgtix",
+  "name": "Franklin Templeton SMACS: Series I",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011174785277940493,
+  "alpha_t_5y": -0.9962287347952514,
+  "alpha_t_full": -0.16354564442913586,
+  "r2_5y": 0.9596230490508398,
+  "r2_full": 0.8584865237413029,
+  "corr_portfolio": 0.28342589693421244,
+  "corr_benchmark": 0.6155066139315757,
+  "alpha_pos_frac": 0.5144508670520231,
+  "fund_max_dd": -0.46172362533895317,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.58, vea +0.14, vblix +0.06, vwo +0.05, iwm +0.03",
+  "ref_full": "ivv +0.16, efa +0.18, qqq +0.16, iwm +0.09, vweax +0.19, djp +0.04"
+ },
+ "fgtzx": {
+  "sym": "fgtzx",
+  "name": "FRANKLIN GROWTH ALLOCATION FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008726526877767725,
+  "alpha_t_5y": -0.836473697601523,
+  "alpha_t_full": -0.37219943123261545,
+  "r2_5y": 0.9650158380048962,
+  "r2_full": 0.853078531181335,
+  "corr_portfolio": 0.2826435217565014,
+  "corr_benchmark": 0.6173419936139665,
+  "alpha_pos_frac": 0.5515695067264574,
+  "fund_max_dd": -0.46635273371735475,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.58, vea +0.14, agg +0.14, vwo +0.05, iwm +0.02",
+  "ref_full": "ivv +0.16, efa +0.17, qqq +0.16, iwm +0.10, vweax +0.19, djp +0.05"
+ },
+ "fguax": {
+  "sym": "fguax",
+  "name": "Federated Hermes Government Ultrashort Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.000966002753436938,
+  "alpha_t_5y": -0.19220328108259724,
+  "alpha_t_full": -0.7607825933588988,
+  "r2_5y": 0.18626556286770124,
+  "r2_full": 0.08291962078113424,
+  "corr_portfolio": 0.06311740463444661,
+  "corr_benchmark": 0.14136015368780425,
+  "alpha_pos_frac": 0.39855072463768115,
+  "fund_max_dd": -0.013090829749479171,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.14, iwm -0.01",
+  "ref_full": "vweax +0.05, ief +0.04, tlt -0.01"
+ },
+ "fhaix": {
+  "sym": "fhaix",
+  "name": "FRANKLIN HIGH INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.66, vea +0.05, agg +0.07",
+  "ref_full": "vweax +0.81, efa +0.02, agg +0.17, ief -0.11, djp +0.02"
+ },
+ "fhcox": {
+  "sym": "fhcox",
+  "name": "Federated Hermes Conservative Microshort Fund",
+  "bucket": "all",
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+  "first": "2021-02-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.15, efa -0.02",
+  "ref_full": "vweax +0.15, efa -0.02"
+ },
+ "fhesx": {
+  "sym": "fhesx",
+  "name": "Federated Hermes SDG Engagement Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_pos_frac": 0.5909090909090909,
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+  "first": "2018-11-12",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.42, iwm +0.28, vnq +0.04, ivv +0.36, qqq -0.18, vweax +0.21",
+  "ref_full": "vea +0.46, iwm +0.31, vnq +0.08, vweax +0.23, gld -0.04, ivv +0.05"
+ },
+ "fhhix": {
+  "sym": "fhhix",
+  "name": "Federated Hermes SDG Engagement High Yield Credit Fund",
+  "bucket": "all",
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.52, efa +0.05, agg +0.28, ief -0.17",
+  "ref_full": "vweax +0.74, vea +0.06, qqq -0.03, vnq +0.02, ief -0.13, vblix +0.06"
+ },
+ "fhiix": {
+  "sym": "fhiix",
+  "name": "Federated Hermes Sustainable High Yield Bond Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.72, vea +0.03, iwm +0.02, agg +0.05",
+  "ref_full": "vweax +0.80, efa +0.01, djp +0.01, ivv +0.03, vnq -0.01, agg +0.03"
+ },
+ "fhjux": {
+  "sym": "fhjux",
+  "name": "Fidelity Europe Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.02935196799854991,
+  "alpha_t_5y": -1.3086697998809638,
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+  "first": "2014-03-26",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.98, fxe +0.22, fxy -0.11, vweax +0.25, vnq -0.04, iwm -0.03",
+  "ref_full": "efa +0.93, fxe +0.22, vweax +0.39, vnq -0.05, fxy -0.07, ivv -0.05"
+ },
+ "fhkax": {
+  "sym": "fhkax",
+  "name": "Fidelity China Region Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.03145721313198825,
+  "alpha_t_5y": 0.8397824531744593,
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+  "first": "2008-05-09",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +1.42, efa -0.15, vnq -0.05, qqq +0.26, ivv -0.33, gld -0.06",
+  "ref_full": "vwo +0.79, qqq +0.32, vnq -0.07, fxe -0.17, ivv -0.25, vweax +0.24"
+ },
+ "fhmix": {
+  "sym": "fhmix",
+  "name": "Federated Hermes Conservative Municipal Microshort Fund",
+  "bucket": "all",
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+  "first": "2021-02-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
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+  "ref_full": "vweax +0.12, vea -0.02, vmbix -0.03"
+ },
+ "fhumx": {
+  "sym": "fhumx",
+  "name": "Federated Hermes U.S. SMID Fund",
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.63, ivv +0.39",
+  "ref_full": "iwm +0.64, ivv +0.38"
+ },
+ "fhysx": {
+  "sym": "fhysx",
+  "name": "Federated Hermes High Yield Strategy Portfolio",
+  "bucket": "all",
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+  "first": "2009-07-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.95, iwm +0.02",
+  "ref_full": "vweax +0.89, ivv +0.02, vea +0.02"
+ },
+ "fhytx": {
+  "sym": "fhytx",
+  "name": "Federated Hermes Opportunistic High Yield Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0029210968360541775,
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+  "alpha_pos_frac": 0.41924398625429554,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.87, iwm +0.06, efa +0.02",
+  "ref_full": "vweax +0.91, iwm +0.06, efa +0.03, tlt -0.04, djp +0.02, agg +0.07"
+ },
+ "fhyvx": {
+  "sym": "fhyvx",
+  "name": "FRANKLIN HIGH YIELD TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004130366528665656,
+  "alpha_t_5y": -0.2640956958183903,
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.44, vblix +0.36, ivv -0.09, tlt -0.19, vnq +0.03",
+  "ref_full": "vweax +0.33, ief +0.12, iwm -0.03, agg +0.09, vnq +0.01, fxy +0.03"
+ },
+ "fiasx": {
+  "sym": "fiasx",
+  "name": "Fidelity International Small Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006027881712038612,
+  "alpha_t_5y": -0.3078226054644951,
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+  "r2_full": 0.8572399397277073,
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+  "alpha_pos_frac": 0.5336322869955157,
+  "fund_max_dd": -0.6098551672839287,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.60, vweax +0.30, fxe +0.17, vwo +0.09, tlt -0.03",
+  "ref_full": "efa +0.55, vweax +0.49, fxe +0.14, vwo +0.07, vnq -0.03, gld +0.03"
+ },
+ "fibpx": {
+  "sym": "fibpx",
+  "name": "Federated Hermes International Bond Strategy Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0015523336030678235,
+  "alpha_t_5y": -0.12416590178930105,
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+  "r2_5y": 0.7878507377225288,
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+  "first": "2009-07-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "fxe +0.24, agg -0.00, vweax +0.39, fxy +0.20, vea +0.06, ief +0.22",
+  "ref_full": "fxe +0.22, vweax +0.38, fxy +0.16, agg +0.24, vwo +0.04, gld +0.02"
+ },
+ "ficgx": {
+  "sym": "ficgx",
+  "name": "Cantor Fitzgerald Large Cap Focused Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.009008445769611139,
+  "alpha_t_5y": 0.4111418833815136,
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+  "r2_5y": 0.9218595037244424,
+  "r2_full": 0.9311678981607373,
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+  "alpha_pos_frac": 0.490272373540856,
+  "fund_max_dd": -0.5418985171718194,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.79, qqq +0.15, iwm +0.10, vnq -0.04",
+  "ref_full": "ivv +0.66, qqq +0.24, iwm +0.13, vnq -0.07"
+ },
+ "ficmx": {
+  "sym": "ficmx",
+  "name": "Federated Hermes Government Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00211738908214854,
+  "alpha_t_5y": -0.33635313113748094,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.79, agg +0.32, vweax +0.05, qqq -0.02, tlt -0.11, vblix +0.10",
+  "ref_full": "ief +0.52, vweax +0.13, efa +0.02, agg +0.16, tlt -0.06, vnq +0.01"
+ },
+ "ficnx": {
+  "sym": "ficnx",
+  "name": "Fidelity Connecticut Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01410358563821163,
+  "alpha_t_5y": -1.2747339223964858,
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+  "r2_5y": 0.385482080936388,
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+  "alpha_pos_frac": 0.5317919075144508,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
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+  "ref_full": "agg +0.12, vweax +0.24, ief +0.07, fxy +0.04, efa -0.03, vnq +0.01"
+ },
+ "fidpx": {
+  "sym": "fidpx",
+  "name": "Federated Hermes International Dividend Strategy Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.05456351057966343,
+  "alpha_t_5y": 1.87512979769986,
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+  "r2_full": 0.7593446057727268,
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+  "alpha_pos_frac": 0.49624060150375937,
+  "fund_max_dd": -0.3127474232092581,
+  "first": "2015-02-12",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.67, fxe +0.41, qqq -0.16, vnq +0.14, iwm -0.08, vweax +0.19",
+  "ref_full": "efa +0.71, qqq -0.20, vnq +0.13, fxe +0.25, iwm -0.12, ivv +0.20"
+ },
+ "fidsx": {
+  "sym": "fidsx",
+  "name": "Financials Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.04490746843940814,
+  "alpha_t_5y": 1.2134128427215185,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.41, ivv +1.61, qqq -0.96, ief -0.26, gld -0.11, efa +0.14",
+  "ref_full": "ivv +1.34, qqq -0.69, iwm +0.39, vnq +0.15, gld -0.10, ief -0.26"
+ },
+ "fifnx": {
+  "sym": "fifnx",
+  "name": "Fidelity Founders Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.019863504137258247,
+  "alpha_t_5y": -0.7971262309921614,
+  "alpha_t_full": -0.3377483719956797,
+  "r2_5y": 0.9211568863683591,
+  "r2_full": 0.9165515617021092,
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+  "alpha_pos_frac": 0.44047619047619047,
+  "fund_max_dd": -0.32518714612083555,
+  "first": "2019-02-25",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.36, qqq +0.44, iwm +0.18, vwo +0.08, djp +0.04",
+  "ref_full": "qqq +0.68, iwm +0.17, vea +0.10, djp +0.05, tlt +0.08, vmbix -0.19"
+ },
+ "figfx": {
+  "sym": "figfx",
+  "name": "Fidelity International Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04394411612497177,
+  "alpha_t_5y": -1.9945980634044,
+  "alpha_t_full": -1.4122730196273952,
+  "r2_5y": 0.91808362982374,
+  "r2_full": 0.9339086532728132,
+  "corr_portfolio": 0.2852863714783406,
+  "corr_benchmark": 0.6001641519843778,
+  "alpha_pos_frac": 0.5681818181818182,
+  "fund_max_dd": -0.5597182928501742,
+  "first": "2007-11-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.38, qqq +0.21, gsg -0.05, efa +0.43, vweax +0.13, gld +0.03",
+  "ref_full": "vea +0.32, qqq +0.18, efa +0.40, vweax +0.24, gld +0.05, vnq -0.02"
+ },
+ "figkx": {
+  "sym": "figkx",
+  "name": "Federated Hermes Short-Intermediate Government Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.017611915169488845,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.56, tlt -0.26, vmbix +0.11, vblix +0.12, ivv -0.02, agg +0.19",
+  "ref_full": "ief +0.63, tlt -0.11, vweax +0.05, fxy +0.02"
+ },
+ "figrx": {
+  "sym": "figrx",
+  "name": "Fidelity International Discovery Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.02911271447857765,
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+  "fund_max_dd": -0.604625443425238,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.54, qqq +0.10, vnq -0.07, efa +0.37, vwo +0.05, gsg -0.02",
+  "ref_full": "efa +0.78, vweax +0.29, qqq +0.08, vnq -0.03, gld +0.03, vwo +0.04"
+ },
+ "fihbx": {
+  "sym": "fihbx",
+  "name": "Federated Hermes Institutional High Yield Bond Fund",
+  "bucket": "all",
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+  "fund_max_dd": -0.3104778309849451,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.94, iwm +0.02",
+  "ref_full": "vweax +0.97, efa +0.01, djp +0.01, tlt -0.03, agg +0.06, fxe -0.01"
+ },
+ "fiiax": {
+  "sym": "fiiax",
+  "name": "Fidelity Advisor Mid Cap II Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_pos_frac": 0.5067264573991032,
+  "fund_max_dd": -0.5334985282035487,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.53, ivv +0.57, qqq -0.18, vea +0.47, fxy -0.10, efa -0.33",
+  "ref_full": "iwm +0.48, ivv +0.44, vnq -0.08, gld +0.05, vweax +0.20, efa +0.08"
+ },
+ "fiifx": {
+  "sym": "fiifx",
+  "name": "Federated Hermes Intermediate Corporate Bond Fund",
+  "bucket": "all",
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.17, vweax +0.10, ief +0.41, tlt -0.33, vblix +0.36, ivv -0.02",
+  "ref_full": "ief +0.48, vweax +0.33, tlt -0.04, ivv -0.02, fxe +0.01, agg +0.04"
+ },
+ "filfx": {
+  "sym": "filfx",
+  "name": "Strategic Advisers International Fund",
+  "bucket": "all",
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+  "fund_max_dd": -0.6167137698524872,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.58, vwo +0.06, vea +0.25, vweax +0.12",
+  "ref_full": "efa +0.65, vweax +0.42, qqq +0.09, vnq -0.04, gld +0.03"
+ },
+ "fimyx": {
+  "sym": "fimyx",
+  "name": "Federated Hermes Intermediate Municipal Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_t_5y": -1.1976489963524835,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.33, ief +0.10, ivv -0.05, vnq +0.02",
+  "ref_full": "vweax +0.24, ief +0.07, fxy +0.03, gsg -0.01, agg +0.07, efa -0.01"
+ },
+ "fisax": {
+  "sym": "fisax",
+  "name": "FRANKLIN LOW DURATION U.S. GOVERNMENT SECURITIES FUND",
+  "bucket": "all",
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+  "alpha_t_5y": -1.4333600930648924,
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+  "alpha_pos_frac": 0.4046242774566474,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.08, ief +0.12, tlt -0.15, vblix +0.15, efa -0.02",
+  "ref_full": "vweax +0.09, ief +0.07, tlt -0.02, ivv -0.00"
+ },
+ "fiscx": {
+  "sym": "fiscx",
+  "name": "FRANKLIN CONVERTIBLE SECURITIES FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0005361452260680898,
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+  "fund_max_dd": -0.4915683069056488,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.29, qqq +0.28, vwo +0.09, ivv -0.16, vblix +0.10, vmbix -0.13",
+  "ref_full": "ivv +0.04, iwm +0.22, qqq +0.22, vweax +0.33, vwo +0.06, vnq -0.03"
+ },
+ "fisex": {
+  "sym": "fisex",
+  "name": "FRANKLIN EQUITY INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.009087141742066715,
+  "alpha_t_5y": 0.6373544793027887,
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+  "alpha_pos_frac": 0.5650224215246636,
+  "fund_max_dd": -0.5646168310984256,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.28, qqq -0.56, iwm +0.06, vea +0.07, vnq +0.05, gsg +0.02",
+  "ref_full": "ivv +0.96, qqq -0.26, efa +0.10, iwm +0.06, vweax +0.08, fxe -0.05"
+ },
+ "fite": {
+  "sym": "fite",
+  "name": "State Street(R) SPDR(R) S&P Kensho Future Security ETF",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.04144473004035927,
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+  "alpha_pos_frac": 0.46938775510204084,
+  "fund_max_dd": -0.3689549155334264,
+  "first": "2017-12-28",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.65, qqq +0.38, gld +0.10, vnq -0.10, vwo -0.09",
+  "ref_full": "iwm +0.64, qqq +0.33, gld +0.08, vwo -0.08, vnq -0.07, vweax +0.18"
+ },
+ "fiusx": {
+  "sym": "fiusx",
+  "name": "Nomura Opportunity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007017334953766322,
+  "alpha_t_5y": 0.30355791065313903,
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+  "corr_benchmark": 0.5313688119053955,
+  "alpha_pos_frac": 0.5112107623318386,
+  "fund_max_dd": -0.5630195257969415,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.40, ivv +1.10, qqq -0.57, vea +0.36, fxy -0.07, efa -0.24",
+  "ref_full": "iwm +0.47, ivv +0.66, qqq -0.23, djp +0.04, vweax +0.13, efa +0.06"
+ },
+ "fivlx": {
+  "sym": "fivlx",
+  "name": "Fidelity International Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02698601928450429,
+  "alpha_t_5y": 1.4773538733893505,
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+  "r2_5y": 0.9302730705301101,
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+  "corr_benchmark": 0.486447790427597,
+  "alpha_pos_frac": 0.46382978723404256,
+  "fund_max_dd": -0.6521016810682754,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +1.01, qqq -0.21, gsg +0.04, tlt -0.04, ivv +0.23, vnq -0.05",
+  "ref_full": "efa +0.94, vweax +0.22, gsg +0.04, qqq -0.10, ief -0.07, ivv +0.08"
+ },
+ "fkasx": {
+  "sym": "fkasx",
+  "name": "Federated Hermes Kaufmann Small Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06627941085752535,
+  "alpha_t_5y": -1.808583545660236,
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+  "r2_5y": 0.8719321762919319,
+  "r2_full": 0.8753572222122351,
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+  "corr_benchmark": 0.560808168727835,
+  "alpha_pos_frac": 0.46551724137931033,
+  "fund_max_dd": -0.6020882537392077,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.80, qqq +0.63, ivv -0.57, vwo +0.09, djp -0.04",
+  "ref_full": "iwm +0.71, qqq +0.47, ivv -0.34, vweax +0.21, vwo +0.06, agg +0.09"
+ },
+ "fkbax": {
+  "sym": "fkbax",
+  "name": "FRANKLIN TOTAL RETURN FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007634012790651394,
+  "alpha_t_5y": -1.4132865298868489,
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+  "r2_5y": 0.9489153009507432,
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+  "corr_benchmark": 0.710055963341464,
+  "alpha_pos_frac": 0.5606936416184971,
+  "fund_max_dd": -0.20163029013688039,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.13, vweax +0.07, vblix +0.39, ief +0.28, tlt -0.21, vmbix +0.15",
+  "ref_full": "agg +0.13, vweax +0.34, ief +0.35, vwo +0.01, tlt +0.04, vnq +0.01"
+ },
+ "fkcix": {
+  "sym": "fkcix",
+  "name": "FRANKLIN CALIFORNIA INTERMEDIATE-TERM TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015953661606933144,
+  "alpha_t_5y": -1.7215769030510446,
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+  "r2_5y": 0.4081030144031863,
+  "r2_full": 0.2793071662058223,
+  "corr_portfolio": 0.02355173155235927,
+  "corr_benchmark": 0.3586772911915385,
+  "alpha_pos_frac": 0.5300353356890459,
+  "fund_max_dd": -0.11490272854740402,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.32, ief +0.12, ivv -0.04",
+  "ref_full": "agg +0.11, vweax +0.21, ief +0.06, efa -0.02, fxy +0.03, vnq +0.01"
+ },
+ "fkdnx": {
+  "sym": "fkdnx",
+  "name": "FRANKLIN DYNATECH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06600673453251883,
+  "alpha_t_5y": -2.1023552510706804,
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+  "r2_5y": 0.9222879995837666,
+  "r2_full": 0.9166332998040485,
+  "corr_portfolio": 0.08533869616333321,
+  "corr_benchmark": 0.600767215063623,
+  "alpha_pos_frac": 0.5307443365695793,
+  "fund_max_dd": -0.5140808279290203,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.26, iwm +0.13, ivv -0.33",
+  "ref_full": "qqq +0.92, iwm +0.14, vnq -0.06, gld +0.03, tlt +0.04, vweax +0.10"
+ },
+ "fkgrx": {
+  "sym": "fkgrx",
+  "name": "FRANKLIN GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.042059423667022436,
+  "alpha_t_5y": -2.395216055842713,
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+  "r2_5y": 0.9520318866709102,
+  "r2_full": 0.9587866681582856,
+  "corr_portfolio": 0.1931121147672275,
+  "corr_benchmark": 0.6338445522583172,
+  "alpha_pos_frac": 0.5148936170212766,
+  "fund_max_dd": -0.5107061010369804,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.61, qqq +0.32, vnq +0.05, gsg -0.02, vweax +0.09, iwm +0.03",
+  "ref_full": "ivv +0.64, qqq +0.26, iwm +0.07, vweax +0.10, vnq -0.03, gsg -0.02"
+ },
+ "fkinx": {
+  "sym": "fkinx",
+  "name": "FRANKLIN INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.012935366311048718,
+  "alpha_t_5y": 0.80826724467572,
+  "alpha_t_full": -0.11258489343511427,
+  "r2_5y": 0.7694262690809609,
+  "r2_full": 0.7927257843088992,
+  "corr_portfolio": 0.37506785017261673,
+  "corr_benchmark": 0.550255248797732,
+  "alpha_pos_frac": 0.47692307692307695,
+  "fund_max_dd": -0.4294949517970694,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.64, qqq -0.33, vmbix +0.25, vweax +0.27, efa +0.08, gsg +0.03",
+  "ref_full": "ivv +0.47, vweax +0.51, qqq -0.19, efa +0.09, agg +0.14, gsg +0.03"
+ },
+ "fkitx": {
+  "sym": "fkitx",
+  "name": "FRANKLIN FEDERAL INTERMEDIATE-TERM TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012201349963839852,
+  "alpha_t_5y": -1.2070935155660796,
+  "alpha_t_full": 0.7233513650286439,
+  "r2_5y": 0.43013558845359523,
+  "r2_full": 0.2815697706798057,
+  "corr_portfolio": 0.02674321420755038,
+  "corr_benchmark": 0.35969213995216764,
+  "alpha_pos_frac": 0.5664739884393064,
+  "fund_max_dd": -0.12762616698637042,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.23, vweax +0.25, ivv -0.05, tlt -0.15, ief +0.08, vnq +0.02",
+  "ref_full": "agg +0.11, vweax +0.20, ief +0.07, efa -0.02, fxy +0.03, vnq +0.01"
+ },
+ "fklax": {
+  "sym": "fklax",
+  "name": "FRANKLIN LOUISIANA TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01617974604972608,
+  "alpha_t_5y": -1.1571381012968103,
+  "alpha_t_full": 0.1328247628634225,
+  "r2_5y": 0.3798241273805406,
+  "r2_full": 0.24555335467664918,
+  "corr_portfolio": 0.02606327662481822,
+  "corr_benchmark": 0.3427557845821427,
+  "alpha_pos_frac": 0.630057803468208,
+  "fund_max_dd": -0.15786289308577728,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.34, vblix +0.26, ivv -0.14, vnq +0.04, tlt -0.13, qqq +0.04",
+  "ref_full": "agg +0.11, vweax +0.27, ief +0.09, efa -0.01, fxy +0.03, gsg -0.01"
+ },
+ "fknix": {
+  "sym": "fknix",
+  "name": "FRANKLIN NEW YORK INTERMEDIATE-TERM TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01717636283880809,
+  "alpha_t_5y": -1.7060696550672863,
+  "alpha_t_full": 0.5227087774264839,
+  "r2_5y": 0.38685047672176875,
+  "r2_full": 0.2666865417807045,
+  "corr_portfolio": 0.023549153086327893,
+  "corr_benchmark": 0.33363024643355266,
+  "alpha_pos_frac": 0.5369649805447471,
+  "fund_max_dd": -0.12681882765970787,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.32, ief +0.11, ivv -0.05, vnq +0.02",
+  "ref_full": "agg +0.11, vweax +0.21, ief +0.07, efa -0.03, fxy +0.03, vnq +0.01"
+ },
+ "fkrcx": {
+  "sym": "fkrcx",
+  "name": "FRANKLIN GOLD & PRECIOUS METALS FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.022959213474164786,
+  "alpha_t_5y": -0.3138993297272366,
+  "alpha_t_full": -0.827452263442145,
+  "r2_5y": 0.7387942743788581,
+  "r2_full": 0.6837705144118758,
+  "corr_portfolio": 0.08327335667154538,
+  "corr_benchmark": 0.35239425561062854,
+  "alpha_pos_frac": 0.4663677130044843,
+  "fund_max_dd": -0.7884796053465501,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "gld +1.15, vea +1.79, efa -1.07, djp +0.09",
+  "ref_full": "gld +1.23, vwo +0.28, efa +0.26, djp +0.12, fxy +0.14, vweax +0.24"
+ },
+ "fkstx": {
+  "sym": "fkstx",
+  "name": "Nuveen Kansas Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011423193553926183,
+  "alpha_t_5y": -0.9383676793791881,
+  "alpha_t_full": 0.9826737520134214,
+  "r2_5y": 0.363583699783642,
+  "r2_full": 0.25225587030396435,
+  "corr_portfolio": 0.04525520716702755,
+  "corr_benchmark": 0.3339600389971773,
+  "alpha_pos_frac": 0.5229681978798587,
+  "fund_max_dd": -0.1455371103282962,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.40, ief +0.13, ivv -0.05",
+  "ref_full": "vweax +0.25, ief +0.13, fxy +0.03, gsg -0.01, vnq +0.01, iwm -0.02"
+ },
+ "fktfx": {
+  "sym": "fktfx",
+  "name": "FRANKLIN CALIFORNIA TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013696711253311154,
+  "alpha_t_5y": -0.9689997334911498,
+  "alpha_t_full": 0.8539244737547971,
+  "r2_5y": 0.40233985844662834,
+  "r2_full": 0.25181253539960835,
+  "corr_portfolio": 0.022989600764578136,
+  "corr_benchmark": 0.364282279105939,
+  "alpha_pos_frac": 0.5895953757225434,
+  "fund_max_dd": -0.2171537400669863,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.35, vblix +0.30, ivv -0.14, tlt -0.16, vnq +0.03, qqq +0.04",
+  "ref_full": "agg +0.16, vweax +0.27, ief +0.08, gsg -0.01, fxy +0.04, efa -0.01"
+ },
+ "fktix": {
+  "sym": "fktix",
+  "name": "FRANKLIN FEDERAL TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011538189992930908,
+  "alpha_t_5y": -0.7915362780342164,
+  "alpha_t_full": 0.7275531327469174,
+  "r2_5y": 0.40140475571012024,
+  "r2_full": 0.25465537833216756,
+  "corr_portfolio": 0.013271103082671484,
+  "corr_benchmark": 0.3546875894824156,
+  "alpha_pos_frac": 0.5606936416184971,
+  "fund_max_dd": -0.1707370382231851,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.36, vblix +0.31, ivv -0.14, vnq +0.04, tlt -0.17, qqq +0.04",
+  "ref_full": "agg +0.14, vweax +0.24, ief +0.08, gsg -0.01, fxy +0.03, efa -0.01"
+ },
+ "fkusx": {
+  "sym": "fkusx",
+  "name": "FRANKLIN U.S. GOVERNMENT SECURITIES FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006785997268036411,
+  "alpha_t_5y": -0.9961822673219403,
+  "alpha_t_full": -0.9431431168574008,
+  "r2_5y": 0.9186198967957627,
+  "r2_full": 0.6298489140532839,
+  "corr_portfolio": -0.09173085737296217,
+  "corr_benchmark": 0.628828154150103,
+  "alpha_pos_frac": 0.4666666666666667,
+  "fund_max_dd": -0.2295751560403131,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.76, agg +0.14",
+  "ref_full": "ief +0.45, efa +0.01, agg +0.16, tlt -0.05, iwm +0.02, vweax +0.04"
+ },
+ "fkutx": {
+  "sym": "fkutx",
+  "name": "FRANKLIN UTILITIES FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.028033398374565022,
+  "alpha_t_5y": 0.5799968677209126,
+  "alpha_t_full": 0.8459710855042532,
+  "r2_5y": 0.5160313383292439,
+  "r2_full": 0.5631579453899052,
+  "corr_portfolio": 0.24849461315670016,
+  "corr_benchmark": 0.47489143178392096,
+  "alpha_pos_frac": 0.5372549019607843,
+  "fund_max_dd": -0.43104975323324346,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.46, gld +0.08, iwm -0.17, ivv +1.01, qqq -0.56, ief +0.19",
+  "ref_full": "ivv +1.14, qqq -0.45, agg +0.43, vnq +0.14, iwm -0.17, gld +0.06"
+ },
+ "fkytx": {
+  "sym": "fkytx",
+  "name": "Nuveen Kentucky Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016745790195132525,
+  "alpha_t_5y": -1.1341536373065453,
+  "alpha_t_full": 0.2095965536848936,
+  "r2_5y": 0.3653919762667496,
+  "r2_full": 0.2640188412525114,
+  "corr_portfolio": 0.028148757960405855,
+  "corr_benchmark": 0.33703656794937964,
+  "alpha_pos_frac": 0.5953757225433526,
+  "fund_max_dd": -0.15217626616910584,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.29, vweax +0.30, ivv -0.08, vnq +0.03, tlt -0.18, vmbix +0.11",
+  "ref_full": "vweax +0.28, ief +0.14, efa -0.02, vnq +0.01, fxy +0.03, gsg -0.01"
+ },
+ "flaax": {
+  "sym": "flaax",
+  "name": "Nuveen All-American Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.024550101994070827,
+  "alpha_t_5y": -1.6864002441183639,
+  "alpha_t_full": 0.45781628335315455,
+  "r2_5y": 0.38810813399586797,
+  "r2_full": 0.0979532570983056,
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+  "corr_benchmark": 0.33901428720498755,
+  "alpha_pos_frac": 0.6127167630057804,
+  "fund_max_dd": -0.2098899215148109,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.51, vblix +0.09, ivv -0.06",
+  "ref_full": "vweax +0.31, ief +0.17, gsg -0.01"
+ },
+ "fldax": {
+  "sym": "fldax",
+  "name": "FRANKLIN LOW DURATION TOTAL RETURN FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00369228491589174,
+  "alpha_t_5y": -0.7008737285574232,
+  "alpha_t_full": 0.017835044044637757,
+  "r2_5y": 0.6471652891994197,
+  "r2_full": 0.4394296405836672,
+  "corr_portfolio": 0.09648299329217484,
+  "corr_benchmark": 0.3139301661826249,
+  "alpha_pos_frac": 0.4797687861271676,
+  "fund_max_dd": -0.12836424864651963,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.02, vweax +0.09, ief +0.26, tlt -0.25, vblix +0.24, ivv -0.01",
+  "ref_full": "vweax +0.22, ief +0.22, tlt -0.06, fxe +0.01"
+ },
+ "flerx": {
+  "sym": "flerx",
+  "name": "Franklin LifeSmart 2030 Retirement Target Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007225949007726391,
+  "alpha_t_5y": -0.8107278236558706,
+  "alpha_t_full": -0.1674342575953301,
+  "r2_5y": 0.9626147957243254,
+  "r2_full": 0.6465332811647857,
+  "corr_portfolio": 0.2547448057012771,
+  "corr_benchmark": 0.5902522142071095,
+  "alpha_pos_frac": 0.5673758865248227,
+  "fund_max_dd": -0.2538294414496378,
+  "first": "2014-05-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.41, vea +0.16, agg +0.27, vwo +0.06, iwm +0.01",
+  "ref_full": "ivv +0.37, vea +0.20, tlt +0.50, vnq -0.09, vweax +0.46, vblix -0.51"
+ },
+ "fljsx": {
+  "sym": "fljsx",
+  "name": "Franklin LifeSmart 2060 Retirement Target Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010483861155157509,
+  "alpha_t_5y": -0.9144422040379215,
+  "alpha_t_full": -0.9144422040379215,
+  "r2_5y": 0.9672345178733819,
+  "r2_full": 0.9672345178733819,
+  "corr_portfolio": 0.14943359245391985,
+  "corr_benchmark": 0.6709969068408418,
+  "alpha_pos_frac": 0.5409836065573771,
+  "fund_max_dd": -0.2499153478268329,
+  "first": "2021-02-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.60, vea +0.24, vwo +0.09, vnq -0.02, iwm +0.03",
+  "ref_full": "ivv +0.60, vea +0.24, vwo +0.09, vnq -0.02, iwm +0.03"
+ },
+ "flncx": {
+  "sym": "flncx",
+  "name": "Nuveen North Carolina Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.021058766784275613,
+  "alpha_t_5y": -1.5264746210805633,
+  "alpha_t_full": 0.1372260700479042,
+  "r2_5y": 0.38782145144840885,
+  "r2_full": 0.23831945705411695,
+  "corr_portfolio": 0.028965735782885728,
+  "corr_benchmark": 0.35234945289145464,
+  "alpha_pos_frac": 0.5838150289017341,
+  "fund_max_dd": -0.17714811313244938,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.23, vweax +0.33, ivv -0.07, vnq +0.02, tlt -0.14, ief +0.09",
+  "ref_full": "vweax +0.28, ief +0.16, fxy +0.04, gsg -0.01, vnq +0.01, efa -0.02"
+ },
+ "flpsx": {
+  "sym": "flpsx",
+  "name": "Fidelity Low-Priced Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01415318668920659,
+  "alpha_t_5y": 0.7990759450762098,
+  "alpha_t_full": 1.9209663974908189,
+  "r2_5y": 0.9201952206256334,
+  "r2_full": 0.938049775534367,
+  "corr_portfolio": 0.4301521797881466,
+  "corr_benchmark": 0.5339420332127395,
+  "alpha_pos_frac": 0.49327354260089684,
+  "fund_max_dd": -0.5480573470118593,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.30, efa +0.03, gsg +0.04, qqq -0.42, ivv +0.72, vea +0.24",
+  "ref_full": "ivv +0.41, iwm +0.31, efa +0.21, qqq -0.15, vweax +0.17, djp +0.04"
+ },
+ "flrex": {
+  "sym": "flrex",
+  "name": "Franklin LifeSmart 2040 Retirement Target Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009871002193001494,
+  "alpha_t_5y": -0.9671625328748399,
+  "alpha_t_full": 0.2684468658838803,
+  "r2_5y": 0.9665424848434181,
+  "r2_full": 0.6413230510932384,
+  "corr_portfolio": 0.2674140587662955,
+  "corr_benchmark": 0.5649891212465954,
+  "alpha_pos_frac": 0.5886524822695035,
+  "fund_max_dd": -0.29901954014376364,
+  "first": "2014-05-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.54, vea +0.20, vwo +0.08, ief +0.10",
+  "ref_full": "ivv +0.20, vea +0.24, qqq +0.12, tlt +0.11, iwm +0.11, vnq -0.08"
+ },
+ "flrn": {
+  "sym": "flrn",
+  "name": "State Street(R) SPDR(R) Bloomberg Investment Grade Floating Rate ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.002615973782030513,
+  "alpha_t_5y": 0.4152236349892942,
+  "alpha_t_full": 0.2613927287843034,
+  "r2_5y": 0.1428867367269676,
+  "r2_full": 0.20747959032814234,
+  "corr_portfolio": 0.15087752136975396,
+  "corr_benchmark": 0.30202451621541776,
+  "alpha_pos_frac": 0.49122807017543857,
+  "fund_max_dd": -0.146437038498485,
+  "first": "2011-12-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.02, ief -0.10, vblix +0.05, efa +0.02",
+  "ref_full": "vea +0.01, agg +1.00, ief -0.50, vmbix -0.31, vweax +0.06"
+ },
+ "fltdx": {
+  "sym": "fltdx",
+  "name": "Nuveen Limited Term Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013830468149803583,
+  "alpha_t_5y": -1.9197000125790082,
+  "alpha_t_full": 0.861561652563193,
+  "r2_5y": 0.36718480608352144,
+  "r2_full": 0.2362192434008653,
+  "corr_portfolio": 0.060791547953353404,
+  "corr_benchmark": 0.32101129462943345,
+  "alpha_pos_frac": 0.5175097276264592,
+  "fund_max_dd": -0.08566377313230544,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.23, ief +0.07, ivv -0.04, vnq +0.01",
+  "ref_full": "vweax +0.15, ief +0.05, fxy +0.02, vnq +0.01, iwm -0.01, agg +0.03"
+ },
+ "fltfx": {
+  "sym": "fltfx",
+  "name": "Franklin LifeSmart 2055 Retirement Target Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012270732900436175,
+  "alpha_t_5y": -1.032852571678189,
+  "alpha_t_full": 0.2510601496042657,
+  "r2_5y": 0.9651047979367041,
+  "r2_full": 0.6365703579119937,
+  "corr_portfolio": 0.2611843841923876,
+  "corr_benchmark": 0.5603630244225022,
+  "alpha_pos_frac": 0.4846153846153846,
+  "fund_max_dd": -0.31454228316706956,
+  "first": "2015-05-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.62, vea +0.23, vwo +0.09",
+  "ref_full": "ivv +0.20, vea +0.26, qqq +0.15, iwm +0.13, tlt +0.11, vnq -0.10"
+ },
+ "fltmx": {
+  "sym": "fltmx",
+  "name": "Fidelity Intermediate Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013216031803390779,
+  "alpha_t_5y": -1.377405694293796,
+  "alpha_t_full": 1.111842911337438,
+  "r2_5y": 0.3713816310576248,
+  "r2_full": 0.2908470438736932,
+  "corr_portfolio": 0.04456910784556028,
+  "corr_benchmark": 0.3378424551747977,
+  "alpha_pos_frac": 0.5300353356890459,
+  "fund_max_dd": -0.1297451360200933,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.31, ief +0.11, ivv -0.04",
+  "ref_full": "vweax +0.21, ief +0.05, fxy +0.03, agg +0.09, efa -0.02, vnq +0.01"
+ },
+ "fltr": {
+  "sym": "fltr",
+  "name": "VanEck IG Floating Rate ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004234660671757121,
+  "alpha_t_5y": 0.526177060508895,
+  "alpha_t_full": 0.4486756430159039,
+  "r2_5y": 0.14546859783879784,
+  "r2_full": 0.31214454416599335,
+  "corr_portfolio": 0.145253641889904,
+  "corr_benchmark": 0.272160803939042,
+  "alpha_pos_frac": 0.4913294797687861,
+  "fund_max_dd": -0.1783716241542872,
+  "first": "2011-04-27",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.05, ief -0.11, vblix +0.05, efa +0.02, qqq -0.02",
+  "ref_full": "ivv -0.00, agg +1.22, ief -0.64, vmbix -0.36, vweax +0.09, fxe -0.03"
+ },
+ "flvcx": {
+  "sym": "flvcx",
+  "name": "Fidelity Leveraged Company Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009094240216845814,
+  "alpha_t_5y": -0.2785065391145005,
+  "alpha_t_full": -0.6542193123629784,
+  "r2_5y": 0.8887872317270546,
+  "r2_full": 0.8987020776943019,
+  "corr_portfolio": 0.25392523031296393,
+  "corr_benchmark": 0.5763282808736145,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.7002471338952535,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.58, iwm +0.34, vnq -0.17, qqq +0.24, vea +1.06, efa -0.94",
+  "ref_full": "ivv +0.56, iwm +0.37, djp +0.13, qqq +0.15, vwo +0.11, vnq -0.07"
+ },
+ "fmagx": {
+  "sym": "fmagx",
+  "name": "Fidelity Magellan Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04006738357801621,
+  "alpha_t_5y": -1.8580810423915164,
+  "alpha_t_full": -2.798651986838967,
+  "r2_5y": 0.9342076397016162,
+  "r2_full": 0.9497726984211065,
+  "corr_portfolio": 0.18824281846246044,
+  "corr_benchmark": 0.6149847669645675,
+  "alpha_pos_frac": 0.5603448275862069,
+  "fund_max_dd": -0.6162321507850019,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.42, ivv +0.66, djp -0.03, iwm -0.04",
+  "ref_full": "ivv +0.64, qqq +0.34, vwo +0.05, gld +0.03, gsg +0.02, vnq +0.02"
+ },
+ "fmbpx": {
+  "sym": "fmbpx",
+  "name": "Federated Hermes Mortgage Strategy Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0049659891887563505,
+  "alpha_t_5y": 0.7215794829994749,
+  "alpha_t_full": -3.3898161830932985,
+  "r2_5y": 0.9365334076123547,
+  "r2_full": 0.8869265332773475,
+  "corr_portfolio": -0.08957037751888076,
+  "corr_benchmark": 0.6389782859386306,
+  "alpha_pos_frac": 0.6666666666666666,
+  "fund_max_dd": -0.17247800417003623,
+  "first": "2009-11-24",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.79, ief +0.21, vweax +0.15, ivv -0.02, gsg -0.01, tlt -0.02",
+  "ref_full": "vmbix +0.87, vweax +0.08, ief +0.11, qqq -0.00, tlt -0.01, gsg -0.00"
+ },
+ "fmcdx": {
+  "sym": "fmcdx",
+  "name": "Fidelity Advisor Stock Selector Mid Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007533369172849603,
+  "alpha_t_5y": -0.3680649310971477,
+  "alpha_t_full": -0.38922347277188496,
+  "r2_5y": 0.9404781721432893,
+  "r2_full": 0.9190353276170122,
+  "corr_portfolio": 0.32542519278364684,
+  "corr_benchmark": 0.5628732401454469,
+  "alpha_pos_frac": 0.5695067264573991,
+  "fund_max_dd": -0.649984397613394,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.59, ivv +0.61, qqq -0.27, vea +0.32, fxy -0.08, efa -0.19",
+  "ref_full": "iwm +0.48, ivv +0.40, efa +0.12, djp +0.06, vweax +0.16, qqq -0.06"
+ },
+ "fmdcx": {
+  "sym": "fmdcx",
+  "name": "Federated Hermes Mid-Cap Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011366165580295424,
+  "alpha_t_5y": -0.5956433064484563,
+  "alpha_t_full": 0.19447516161788514,
+  "r2_5y": 0.9468718040054496,
+  "r2_full": 0.9576930122085594,
+  "corr_portfolio": 0.32200303333575997,
+  "corr_benchmark": 0.5640803818963797,
+  "alpha_pos_frac": 0.5067264573991032,
+  "fund_max_dd": -0.5535632036257814,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.58, ivv +0.58, qqq -0.26, vea +0.09, fxy -0.08, vnq +0.05",
+  "ref_full": "iwm +0.57, ivv +0.47, qqq -0.11, vnq +0.04, djp +0.03, vweax +0.09"
+ },
+ "fmdtx": {
+  "sym": "fmdtx",
+  "name": "FRANKLIN MARYLAND TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014868718484092202,
+  "alpha_t_5y": -1.0540992152867512,
+  "alpha_t_full": -0.11500026422179509,
+  "r2_5y": 0.3919469750837983,
+  "r2_full": 0.2624722743437973,
+  "corr_portfolio": 0.010469103382880162,
+  "corr_benchmark": 0.35136132584835716,
+  "alpha_pos_frac": 0.5549132947976878,
+  "fund_max_dd": -0.16968408031195736,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.28, vweax +0.34, ivv -0.14, vnq +0.04, tlt -0.14, qqq +0.04",
+  "ref_full": "agg +0.13, vweax +0.27, ief +0.08, efa -0.02, fxy +0.03"
+ },
+ "fmgix": {
+  "sym": "fmgix",
+  "name": "MFG Core Infrastructure Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03566961856352915,
+  "alpha_t_5y": 1.1680090671958059,
+  "alpha_t_full": 1.6549083593766252,
+  "r2_5y": 0.6854820590869662,
+  "r2_full": 0.7375362020456144,
+  "corr_portfolio": 0.3165625489670571,
+  "corr_benchmark": 0.5338493353733003,
+  "alpha_pos_frac": 0.5621301775147929,
+  "fund_max_dd": -0.34293073613329295,
+  "first": "2012-01-19",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.43, fxe +0.17, efa +0.35, qqq -0.10, ief +0.18, iwm -0.10",
+  "ref_full": "vnq +0.42, efa +0.41, iwm -0.12, fxe +0.15, vweax +0.21, qqq -0.05"
+ },
+ "fmiex": {
+  "sym": "fmiex",
+  "name": "Wasatch Global Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.05126704294662842,
+  "alpha_t_5y": 2.3907419195975166,
+  "alpha_t_full": 2.0339458690718035,
+  "r2_5y": 0.83316245307745,
+  "r2_full": 0.8738059143555781,
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+  "corr_benchmark": 0.46048467675291954,
+  "alpha_pos_frac": 0.4808510638297872,
+  "fund_max_dd": -0.47651123007503615,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.35, vnq +0.07, gsg +0.05, qqq -0.64, ivv +0.95, vwo +0.08",
+  "ref_full": "ivv +0.84, qqq -0.41, efa +0.21, iwm +0.13, gsg +0.04, tlt -0.05"
+ },
+ "fmifx": {
+  "sym": "fmifx",
+  "name": "International Fund II - Currency Unhedged",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.023078477299037378,
+  "alpha_t_5y": -0.9013679661194519,
+  "alpha_t_full": -0.9014051822139281,
+  "r2_5y": 0.8486992075126482,
+  "r2_full": 0.8720346479849811,
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+  "corr_benchmark": 0.5787188681161878,
+  "alpha_pos_frac": 0.4594594594594595,
+  "fund_max_dd": -0.3939091634398224,
+  "first": "2020-01-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.79, vnq +0.04, djp -0.04, iwm +0.04, vweax +0.13",
+  "ref_full": "efa +0.74, vweax +0.28, iwm +0.07, qqq -0.17, ivv +0.23, gsg -0.03"
+ },
+ "fmihx": {
+  "sym": "fmihx",
+  "name": "Large Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.022741858176991363,
+  "alpha_t_5y": -0.8716305978032889,
+  "alpha_t_full": 1.056283560750548,
+  "r2_5y": 0.8486899838752654,
+  "r2_full": 0.881094463080537,
+  "corr_portfolio": 0.33790912839241377,
+  "corr_benchmark": 0.5319287208116809,
+  "alpha_pos_frac": 0.5067264573991032,
+  "fund_max_dd": -0.4779381424818364,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.22, qqq -0.54, iwm +0.17, efa +0.58, djp -0.06, vea -0.44",
+  "ref_full": "ivv +0.88, qqq -0.26, iwm +0.14, efa +0.11, gsg -0.03, gld -0.03"
+ },
+ "fmijx": {
+  "sym": "fmijx",
+  "name": "International Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02779198999267627,
+  "alpha_t_5y": -1.1074540932892738,
+  "alpha_t_full": -0.20521298633042437,
+  "r2_5y": 0.8094721451626632,
+  "r2_full": 0.8474537786910459,
+  "corr_portfolio": 0.3844702799740413,
+  "corr_benchmark": 0.4968215642226237,
+  "alpha_pos_frac": 0.45604395604395603,
+  "fund_max_dd": -0.37454434311999507,
+  "first": "2011-01-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.74, fxe -0.36, fxy -0.18, vnq +0.05, djp -0.05, iwm +0.05",
+  "ref_full": "efa +0.59, fxe -0.29, iwm +0.09, vweax +0.23, fxy -0.11, vnq +0.04"
+ },
+ "fmilx": {
+  "sym": "fmilx",
+  "name": "Fidelity New Millennium Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.039470552851595016,
+  "alpha_t_5y": 1.7982518731653327,
+  "alpha_t_full": 2.4632347608537675,
+  "r2_5y": 0.9038940710004469,
+  "r2_full": 0.9437223570045867,
+  "corr_portfolio": 0.36359325775396745,
+  "corr_benchmark": 0.5429081819035957,
+  "alpha_pos_frac": 0.4977578475336323,
+  "fund_max_dd": -0.5834605714043112,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.19, iwm +0.14, qqq -0.34, vnq -0.17, vea +0.64, efa -0.49",
+  "ref_full": "ivv +0.62, iwm +0.23, efa +0.14, gsg +0.05, fxy -0.07, qqq -0.06"
+ },
+ "fmimx": {
+  "sym": "fmimx",
+  "name": "Common Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03798826634800635,
+  "alpha_t_5y": 1.1751332304249587,
+  "alpha_t_full": 1.837949255986463,
+  "r2_5y": 0.8310137065426331,
+  "r2_full": 0.8610856893506046,
+  "corr_portfolio": 0.3423535539078506,
+  "corr_benchmark": 0.47687000998515816,
+  "alpha_pos_frac": 0.46808510638297873,
+  "fund_max_dd": -0.5677921726474986,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.54, vnq -0.01, ivv +1.08, qqq -0.61, gsg -0.06",
+  "ref_full": "iwm +0.58, ivv +0.56, qqq -0.29, gld -0.04, gsg -0.03, vnq +0.02"
+ },
+ "fminx": {
+  "sym": "fminx",
+  "name": "FRANKLIN MINNESOTA TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.018214836574368964,
+  "alpha_t_5y": -1.2626551046629277,
+  "alpha_t_full": 0.08443903233659339,
+  "r2_5y": 0.39903742339379045,
+  "r2_full": 0.2767968833813187,
+  "corr_portfolio": 0.01846919801948847,
+  "corr_benchmark": 0.35211649560313146,
+  "alpha_pos_frac": 0.5549132947976878,
+  "fund_max_dd": -0.16456734677535023,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.27, vweax +0.35, ivv -0.15, vnq +0.04, qqq +0.05, tlt -0.14",
+  "ref_full": "agg +0.13, vweax +0.26, ief +0.09, fxy +0.03, gsg -0.01, efa -0.01"
+ },
+ "fmisx": {
+  "sym": "fmisx",
+  "name": "FRANKLIN MASSACHUSETTS TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02044013075581217,
+  "alpha_t_5y": -1.529753473252591,
+  "alpha_t_full": 0.005527527634540665,
+  "r2_5y": 0.39227982893214697,
+  "r2_full": 0.26645024961527586,
+  "corr_portfolio": 0.01835786638762618,
+  "corr_benchmark": 0.355142684658309,
+  "alpha_pos_frac": 0.5642023346303502,
+  "fund_max_dd": -0.16102575047989953,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.42, ief +0.14, ivv -0.13, vnq +0.04, qqq +0.04",
+  "ref_full": "agg +0.15, vweax +0.25, ief +0.08, efa -0.03, fxy +0.04, vnq +0.01"
+ },
+ "fmitx": {
+  "sym": "fmitx",
+  "name": "Nuveen Michigan Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.021912542351669385,
+  "alpha_t_5y": -1.6391886285005624,
+  "alpha_t_full": 0.2804567442069924,
+  "r2_5y": 0.3773516525233451,
+  "r2_full": 0.26199285295091623,
+  "corr_portfolio": 0.026617862478606993,
+  "corr_benchmark": 0.3551748159205123,
+  "alpha_pos_frac": 0.5525291828793775,
+  "fund_max_dd": -0.15476961987606708,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.40, ief +0.14, ivv -0.12, vnq +0.03, qqq +0.04",
+  "ref_full": "vweax +0.28, ief +0.15, fxy +0.04, efa -0.03, vnq +0.01"
+ },
+ "fmndx": {
+  "sym": "fmndx",
+  "name": "Fidelity Conservative Income Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010384605865569316,
+  "alpha_t_5y": -3.026173382590005,
+  "alpha_t_full": -2.220227110459174,
+  "r2_5y": 0.1846398983177604,
+  "r2_full": 0.1900280561310873,
+  "corr_portfolio": 0.08500633852659215,
+  "corr_benchmark": 0.1503769402409435,
+  "alpha_pos_frac": 0.43243243243243246,
+  "fund_max_dd": -0.016864992098326703,
+  "first": "2013-10-24",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.10, vea -0.01",
+  "ref_full": "vweax +0.03, efa -0.01, vblix +0.08, tlt -0.05"
+ },
+ "fmoax": {
+  "sym": "fmoax",
+  "name": "Federated Hermes Municipal High Yield Advantage Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005337800687972694,
+  "alpha_t_5y": -0.35879134142830094,
+  "alpha_t_full": 0.821366881025169,
+  "r2_5y": 0.36000048080785785,
+  "r2_full": 0.2509187917062734,
+  "corr_portfolio": 0.0526328399721355,
+  "corr_benchmark": 0.3581380090116168,
+  "alpha_pos_frac": 0.6473988439306358,
+  "fund_max_dd": -0.2760285703364138,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.07, vweax +0.35, ivv -0.07, vnq +0.03, vmbix +0.12",
+  "ref_full": "agg +0.21, vweax +0.26, fxy +0.05, efa -0.03, vnq +0.01"
+ },
+ "fmotx": {
+  "sym": "fmotx",
+  "name": "Nuveen Missouri Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012742168847140667,
+  "alpha_t_5y": -0.9851913376105036,
+  "alpha_t_full": 0.8400631037096208,
+  "r2_5y": 0.3937653071881515,
+  "r2_full": 0.24198549582173978,
+  "corr_portfolio": 0.03343037479825059,
+  "corr_benchmark": 0.34831072829040055,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.148180377195528,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.31, ief +0.07, ivv -0.07, vnq +0.03, vblix +0.25, tlt -0.16",
+  "ref_full": "ief +0.16, vweax +0.26, fxy +0.03, gsg -0.01"
+ },
+ "fmsfx": {
+  "sym": "fmsfx",
+  "name": "Fidelity Advisor Mortgage Securities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0006436743977713937,
+  "alpha_t_5y": 0.11053290024718962,
+  "alpha_t_full": -1.3715929817893655,
+  "r2_5y": 0.954719808425709,
+  "r2_full": 0.7016181516906388,
+  "corr_portfolio": -0.0775404460516527,
+  "corr_benchmark": 0.6525149211664046,
+  "alpha_pos_frac": 0.48554913294797686,
+  "fund_max_dd": -0.18428941832889612,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.77, agg +0.33, vweax +0.06, qqq -0.02, tlt -0.11, vblix +0.11",
+  "ref_full": "ief +0.52, vweax +0.15, efa +0.01, agg +0.16, tlt -0.06, vnq +0.01"
+ },
+ "fmsgx": {
+  "sym": "fmsgx",
+  "name": "MFG Global Sustainable Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00908068251170444,
+  "alpha_t_5y": 0.3625437597807686,
+  "alpha_t_full": -0.27681955800234403,
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+  "r2_full": 0.8618573496356137,
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+  "alpha_pos_frac": 0.4155844155844156,
+  "fund_max_dd": -0.28734631367084795,
+  "first": "2019-10-10",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.69, efa +1.03, vea -0.93, agg +0.21, vwo +0.09, iwm -0.07",
+  "ref_full": "ivv +0.39, efa +0.86, vea -0.67, qqq +0.20, vnq +0.10, iwm -0.10"
+ },
+ "fmtzx": {
+  "sym": "fmtzx",
+  "name": "FRANKLIN MODERATE ALLOCATION FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008372024572715814,
+  "alpha_t_5y": -1.0022490020640298,
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+  "r2_5y": 0.9644829646375311,
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+  "alpha_pos_frac": 0.5336322869955157,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.44, agg +0.31, vea +0.12, vwo +0.03, iwm +0.02, vnq -0.01",
+  "ref_full": "ivv +0.12, efa +0.14, ief +0.14, vweax +0.21, qqq +0.12, iwm +0.07"
+ },
+ "fmuax": {
+  "sym": "fmuax",
+  "name": "Federated Hermes Muni and Stock Advantage Fund",
+  "bucket": "all",
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+  "alpha_pos_frac": 0.4666666666666667,
+  "fund_max_dd": -0.2449651573211481,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.43, qqq -0.13, vmbix +0.10, iwm +0.05, vweax +0.13, vea +0.04",
+  "ref_full": "ivv +0.42, vweax +0.16, ief +0.12, qqq -0.08, iwm +0.04, vnq -0.02"
+ },
+ "fmuux": {
+  "sym": "fmuux",
+  "name": "Federated Hermes Municipal Ultrashort Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010707479631879385,
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+  "corr_benchmark": 0.15859129538624478,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.11, ivv -0.01, djp -0.00, fxe -0.01",
+  "ref_full": "vweax +0.06, agg +0.02, djp -0.00"
+ },
+ "fncrx": {
+  "sym": "fncrx",
+  "name": "FRANKLIN NATURAL RESOURCES FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03102300041154519,
+  "alpha_t_5y": 0.6617880798651071,
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+  "corr_benchmark": 0.3456543724961572,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.37, gsg +0.47, vea +0.49, qqq -0.75, ivv +0.98, vnq -0.20",
+  "ref_full": "efa +0.20, gsg +0.50, iwm +0.30, vwo +0.23, qqq -0.43, ivv +0.60"
+ },
+ "fndb": {
+  "sym": "fndb",
+  "name": "Schwab Fundamental U.S. Broad Market ETF",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.02956817060721592,
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+  "alpha_pos_frac": 0.4266666666666667,
+  "fund_max_dd": -0.3816830232290479,
+  "first": "2013-08-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.17, qqq -0.48, iwm +0.22, gsg +0.03, efa +0.05, tlt -0.02",
+  "ref_full": "ivv +1.08, qqq -0.39, iwm +0.20, gsg +0.04, efa +0.04, vblix -0.02"
+ },
+ "fngax": {
+  "sym": "fngax",
+  "name": "Franklin International Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.11886379145485024,
+  "alpha_t_5y": -3.5335148702904173,
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+  "first": "2008-06-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.62, qqq +0.31, vweax +0.55, fxe +0.24, gsg -0.05, iwm +0.08",
+  "ref_full": "vea +0.21, vweax +0.72, qqq +0.22, vnq -0.07, fxe +0.17, efa +0.40"
+ },
+ "fniax": {
+  "sym": "fniax",
+  "name": "Fidelity Advisor New Insights Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.008417640072695451,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.40, ivv +0.63, vnq -0.07, gld +0.04, vmbix -0.07",
+  "ref_full": "ivv +0.53, qqq +0.38, gld +0.05, vnq -0.06, iwm +0.05, gsg +0.02"
+ },
+ "fnmtx": {
+  "sym": "fnmtx",
+  "name": "Nuveen New Mexico Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014977271375310103,
+  "alpha_t_5y": -1.1657052034274713,
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+  "alpha_pos_frac": 0.6069364161849711,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.30, vweax +0.28, ivv -0.07, tlt -0.16, vnq +0.03",
+  "ref_full": "agg +0.11, vweax +0.25, ief +0.08, efa -0.03, fxy +0.03, vnq +0.01"
+ },
+ "fnytx": {
+  "sym": "fnytx",
+  "name": "FRANKLIN NEW YORK TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.017297667093488758,
+  "alpha_t_5y": -1.1898592475162093,
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+  "alpha_pos_frac": 0.5549132947976878,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.27, vweax +0.36, ivv -0.08, vnq +0.03, tlt -0.13",
+  "ref_full": "agg +0.17, vweax +0.25, ief +0.06, efa -0.01, fxy +0.03, gsg -0.01"
+ },
+ "fobax": {
+  "sym": "fobax",
+  "name": "Balanced Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01119273713873995,
+  "alpha_t_5y": -1.5447264585484766,
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+  "alpha_pos_frac": 0.4663677130044843,
+  "fund_max_dd": -0.4000149737679978,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.56, ief +0.23, vnq +0.03, iwm +0.03, tlt -0.03, vea -0.02",
+  "ref_full": "ivv +0.43, agg +0.19, iwm +0.09, vweax +0.08, qqq +0.05, djp +0.02"
+ },
+ "focpx": {
+  "sym": "focpx",
+  "name": "Fidelity OTC Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.011325406691543333,
+  "alpha_t_5y": 0.5680884588868753,
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+  "alpha_pos_frac": 0.4940239043824701,
+  "fund_max_dd": -0.7024894538929924,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.85, vwo +0.08, vnq -0.08, ivv +0.17",
+  "ref_full": "qqq +0.86, iwm +0.14, vwo +0.04, gsg +0.02"
+ },
+ "fohtx": {
+  "sym": "fohtx",
+  "name": "Nuveen Ohio Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.017526308314634996,
+  "alpha_t_5y": -1.4109307919985137,
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+  "alpha_pos_frac": 0.5408560311284046,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.40, ief +0.14, ivv -0.06, vnq +0.02",
+  "ref_full": "vweax +0.27, ief +0.15, fxy +0.03, gsg -0.01, vnq +0.02, efa -0.02"
+ },
+ "fopax": {
+  "sym": "fopax",
+  "name": "Fidelity International Small Cap Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.023791703049321523,
+  "alpha_t_5y": -0.8148173804549808,
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+  "alpha_pos_frac": 0.600896860986547,
+  "fund_max_dd": -0.7275999817047365,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.32, vweax +0.46, fxy +0.14, qqq +0.17, efa +0.46, ivv -0.17",
+  "ref_full": "efa +0.64, vweax +0.38, vwo +0.09, gld +0.05, fxy +0.08, qqq +0.05"
+ },
+ "fosfx": {
+  "sym": "fosfx",
+  "name": "Fidelity Overseas Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.026160860517176605,
+  "alpha_t_5y": -1.2961559014390027,
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+  "r2_5y": 0.9269615950372921,
+  "r2_full": 0.9324769291603259,
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+  "alpha_pos_frac": 0.5426008968609866,
+  "fund_max_dd": -0.6350605497566453,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.70, qqq +0.20, gsg -0.05, vweax +0.23, ivv -0.18, vea +0.25",
+  "ref_full": "efa +0.81, vweax +0.29, fxe +0.12, qqq +0.08, vnq -0.02, gld +0.02"
+ },
+ "fpjax": {
+  "sym": "fpjax",
+  "name": "Fidelity Japan Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00867303632083862,
+  "alpha_t_5y": -0.19459920032002634,
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+  "corr_benchmark": 0.5075546880984758,
+  "alpha_pos_frac": 0.4945054945054945,
+  "fund_max_dd": -0.36388592754314786,
+  "first": "2010-12-15",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +1.04, qqq +0.28, fxy +0.31, fxe -0.51, vnq -0.07, ivv -0.22",
+  "ref_full": "vea +1.01, qqq +0.31, ivv -0.38, fxe -0.31, ief +0.22, vwo -0.10"
+ },
+ "fpntx": {
+  "sym": "fpntx",
+  "name": "Nuveen Pennsylvania Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013470307602368482,
+  "alpha_t_5y": -0.8806848782983735,
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+  "alpha_pos_frac": 0.5642023346303502,
+  "fund_max_dd": -0.15630729996191672,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.47, ief +0.15, ivv -0.08, vnq +0.03",
+  "ref_full": "vweax +0.29, ief +0.16, fxy +0.04, gsg -0.01, vnq +0.02, efa -0.02"
+ },
+ "fqchx": {
+  "sym": "fqchx",
+  "name": "Franklin Templeton SMACS: Series CH",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003976447836503284,
+  "alpha_t_5y": -0.22625236921438818,
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+  "corr_portfolio": 0.059486636779894575,
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+  "alpha_pos_frac": 0.5679012345679012,
+  "fund_max_dd": -0.21040929058316304,
+  "first": "2019-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.48, vblix +0.37, ivv -0.09, tlt -0.21, vnq +0.03",
+  "ref_full": "vweax +0.41, vblix +0.36, iwm -0.07, tlt -0.27, agg +0.23, vnq +0.04"
+ },
+ "fqtex": {
+  "sym": "fqtex",
+  "name": "Franklin Templeton SMACS: Series E",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.023329486258415206,
+  "alpha_t_5y": 1.230024082406109,
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+  "r2_5y": 0.8781104636725579,
+  "r2_full": 0.8320127130347075,
+  "corr_portfolio": 0.349300001073663,
+  "corr_benchmark": 0.5583677445989954,
+  "alpha_pos_frac": 0.41975308641975306,
+  "fund_max_dd": -0.33479809977931385,
+  "first": "2019-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.94, qqq -0.39, vea +0.14, iwm +0.07, djp +0.05, vnq +0.04",
+  "ref_full": "ivv +0.90, qqq -0.37, vea +0.11, vweax +0.20, vwo +0.08, iwm +0.07"
+ },
+ "fralx": {
+  "sym": "fralx",
+  "name": "FRANKLIN ALABAMA TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01394371401211164,
+  "alpha_t_5y": -0.9069287511996216,
+  "alpha_t_full": 0.14967338015809206,
+  "r2_5y": 0.36644783858740926,
+  "r2_full": 0.2583364536493099,
+  "corr_portfolio": -0.0006074508923780442,
+  "corr_benchmark": 0.3493016225199885,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.15974222344151245,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.10, vweax +0.41, ivv -0.15, vnq +0.05, qqq +0.05",
+  "ref_full": "agg +0.14, vweax +0.25, ief +0.09, efa -0.03, fxy +0.03, vnq +0.01"
+ },
+ "frbsx": {
+  "sym": "frbsx",
+  "name": "FRANKLIN MUTUAL U.S. MID CAP VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006280454260199176,
+  "alpha_t_5y": -0.22802114418187316,
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+  "r2_5y": 0.8460361398537946,
+  "r2_full": 0.917591582098859,
+  "corr_portfolio": 0.3784842737986856,
+  "corr_benchmark": 0.5031904649752678,
+  "alpha_pos_frac": 0.5418326693227091,
+  "fund_max_dd": -0.6347097275533597,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.36, vnq +0.22, efa +0.26, ief -0.18, vwo -0.12, ivv +0.15",
+  "ref_full": "iwm +0.47, ivv +0.75, qqq -0.38, efa +0.09, tlt -0.05, vweax +0.11"
+ },
+ "frcox": {
+  "sym": "frcox",
+  "name": "FRANKLIN COLORADO TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014927755889576946,
+  "alpha_t_5y": -1.1294485700688512,
+  "alpha_t_full": 0.21730149860246423,
+  "r2_5y": 0.40017728875647995,
+  "r2_full": 0.26395329775206167,
+  "corr_portfolio": 0.029873471012108455,
+  "corr_benchmark": 0.3509848005655034,
+  "alpha_pos_frac": 0.5491329479768786,
+  "fund_max_dd": -0.15624174659843326,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.32, ief +0.07, ivv -0.07, vnq +0.03, vblix +0.26, tlt -0.16",
+  "ref_full": "agg +0.14, vweax +0.28, ief +0.08, efa -0.02, fxy +0.03, gsg -0.01"
+ },
+ "frdax": {
+  "sym": "frdax",
+  "name": "FRANKLIN RISING DIVIDENDS FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.017382733971682388,
+  "alpha_t_5y": -0.9853907807584952,
+  "alpha_t_full": 0.30254125321586556,
+  "r2_5y": 0.9151826672661596,
+  "r2_full": 0.9315318915749835,
+  "corr_portfolio": 0.3141703046979336,
+  "corr_benchmark": 0.5878143225457081,
+  "alpha_pos_frac": 0.4913294797687861,
+  "fund_max_dd": -0.5136377729221251,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.22, qqq -0.35, vnq +0.05, gsg -0.02, vblix +0.03",
+  "ref_full": "ivv +0.98, qqq -0.17, vnq +0.04, djp -0.03, iwm +0.05, fxe -0.03"
+ },
+ "freex": {
+  "sym": "freex",
+  "name": "FRANKLIN REAL ESTATE SECURITIES FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00031489775413598154,
+  "alpha_t_5y": -0.03743978555522451,
+  "alpha_t_full": -1.6967342786068595,
+  "r2_5y": 0.9880432845301417,
+  "r2_full": 0.978364560019611,
+  "corr_portfolio": 0.2281023719262297,
+  "corr_benchmark": 0.5724991258661122,
+  "alpha_pos_frac": 0.6809338521400778,
+  "fund_max_dd": -0.7698609088007692,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +1.03, iwm -0.07, qqq +0.02",
+  "ref_full": "vnq +1.01, iwm -0.08, agg -0.26, qqq +0.02, ief +0.15, ivv +0.06"
+ },
+ "frfax": {
+  "sym": "frfax",
+  "name": "PGIM Floating Rate Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01715244929028369,
+  "alpha_t_5y": 1.881469429393995,
+  "alpha_t_full": 2.1069189769609786,
+  "r2_5y": 0.4621924435132242,
+  "r2_full": 0.5380859636502782,
+  "corr_portfolio": 0.3093019675814335,
+  "corr_benchmark": 0.18764141097143805,
+  "alpha_pos_frac": 0.4393063583815029,
+  "fund_max_dd": -0.22000073157551836,
+  "first": "2011-03-31",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.26, vmbix +0.04, vblix +0.48, tlt -0.28, agg -0.42",
+  "ref_full": "vweax +0.55, vmbix -0.14, qqq -0.01"
+ },
+ "frifx": {
+  "sym": "frifx",
+  "name": "Fidelity Real Estate Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.014968479180817664,
+  "alpha_t_5y": 1.9103396333834701,
+  "alpha_t_full": 1.0377014479787603,
+  "r2_5y": 0.914724358759961,
+  "r2_full": 0.7688509527263039,
+  "corr_portfolio": 0.2555798751127451,
+  "corr_benchmark": 0.5736770670249345,
+  "alpha_pos_frac": 0.5384615384615384,
+  "fund_max_dd": -0.4094136411741649,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.26, vmbix +0.08, vweax +0.24, agg +0.12",
+  "ref_full": "vnq +0.19, vweax +0.38, agg +0.24, iwm +0.06, qqq -0.07, ivv +0.07"
+ },
+ "frlex": {
+  "sym": "frlex",
+  "name": "Franklin LifeSmart 2050 Retirement Target Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009705119317024589,
+  "alpha_t_5y": -0.7936701439029159,
+  "alpha_t_full": 0.37520282943645805,
+  "r2_5y": 0.962426748815747,
+  "r2_full": 0.6434464528605632,
+  "corr_portfolio": 0.26981309029616685,
+  "corr_benchmark": 0.5542307563923526,
+  "alpha_pos_frac": 0.5390070921985816,
+  "fund_max_dd": -0.3152472760691414,
+  "first": "2014-05-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.61, vea +0.24, vwo +0.09",
+  "ref_full": "ivv +0.21, vea +0.26, qqq +0.14, iwm +0.12, tlt +0.10, vnq -0.09"
+ },
+ "frmox": {
+  "sym": "frmox",
+  "name": "FRANKLIN MISSOURI TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015558493327843453,
+  "alpha_t_5y": -1.0873414234211414,
+  "alpha_t_full": 0.04330308939929363,
+  "r2_5y": 0.3820140507340115,
+  "r2_full": 0.25904803857012726,
+  "corr_portfolio": 0.02122564764361773,
+  "corr_benchmark": 0.3299739911129245,
+  "alpha_pos_frac": 0.6011560693641619,
+  "fund_max_dd": -0.16339148388571,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.33, vblix +0.32, ivv -0.15, tlt -0.18, vnq +0.04, qqq +0.05",
+  "ref_full": "agg +0.11, vweax +0.27, ief +0.09, iwm -0.01, fxy +0.03, gsg -0.01"
+ },
+ "frnjx": {
+  "sym": "frnjx",
+  "name": "FRANKLIN NEW JERSEY TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01437462965534876,
+  "alpha_t_5y": -1.1116287246614842,
+  "alpha_t_full": 0.07778081239595734,
+  "r2_5y": 0.40682922578384106,
+  "r2_full": 0.2662360964940731,
+  "corr_portfolio": 0.03789976619329536,
+  "corr_benchmark": 0.3537552320545036,
+  "alpha_pos_frac": 0.5491329479768786,
+  "fund_max_dd": -0.15520804434634627,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.33, vblix +0.28, ivv -0.12, tlt -0.15, vnq +0.04, qqq +0.04",
+  "ref_full": "agg +0.14, vweax +0.27, ief +0.07, efa -0.03, fxy +0.03, vnq +0.01"
+ },
+ "frorx": {
+  "sym": "frorx",
+  "name": "FRANKLIN OREGON TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01747292438947478,
+  "alpha_t_5y": -1.2956978222685405,
+  "alpha_t_full": 0.2075576769621905,
+  "r2_5y": 0.39103035830472,
+  "r2_full": 0.2616925775315968,
+  "corr_portfolio": 0.02727136816522233,
+  "corr_benchmark": 0.3471248859843644,
+  "alpha_pos_frac": 0.5780346820809249,
+  "fund_max_dd": -0.1528057586340269,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.32, vblix +0.31, ivv -0.13, tlt -0.17, vnq +0.04, qqq +0.04",
+  "ref_full": "agg +0.11, vweax +0.25, ief +0.09, efa -0.02, fxy +0.03, vnq +0.01"
+ },
+ "frpax": {
+  "sym": "frpax",
+  "name": "FRANKLIN PENNSYLVANIA TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016823982680151634,
+  "alpha_t_5y": -1.135767917908753,
+  "alpha_t_full": 0.10355453210280352,
+  "r2_5y": 0.38288808675115127,
+  "r2_full": 0.2650525644859292,
+  "corr_portfolio": 0.009625748087209618,
+  "corr_benchmark": 0.3471525728666763,
+  "alpha_pos_frac": 0.5953757225433526,
+  "fund_max_dd": -0.1703481629807806,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.31, vweax +0.34, ivv -0.08, tlt -0.16, vnq +0.03",
+  "ref_full": "agg +0.11, vweax +0.26, ief +0.11, iwm -0.01, gsg -0.01, fxy +0.02"
+ },
+ "frsgx": {
+  "sym": "frsgx",
+  "name": "FRANKLIN SMALL-MID CAP GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0907531475635673,
+  "alpha_t_5y": -2.570391270789141,
+  "alpha_t_full": -2.2447516664885074,
+  "r2_5y": 0.8603781773556523,
+  "r2_full": 0.9036328666677487,
+  "corr_portfolio": 0.12386082761189199,
+  "corr_benchmark": 0.5999009829500813,
+  "alpha_pos_frac": 0.5447470817120622,
+  "fund_max_dd": -0.6907255971033097,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.69, iwm +0.40, vnq +0.12, ivv -0.24",
+  "ref_full": "ivv +0.14, iwm +0.38, qqq +0.43, vwo +0.04, vweax +0.11"
+ },
+ "frstx": {
+  "sym": "frstx",
+  "name": "FRANKLIN CORE PLUS BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003685424991096124,
+  "alpha_t_5y": -0.5103612566344744,
+  "alpha_t_full": -0.4560832022074398,
+  "r2_5y": 0.8147977305032501,
+  "r2_full": 0.661164621722434,
+  "corr_portfolio": 0.17129477054094516,
+  "corr_benchmark": 0.593169052926885,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.19086457510209887,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.19, vweax +0.25, vea +0.05, qqq -0.02, vmbix +0.17, vblix +0.05",
+  "ref_full": "vweax +0.45, agg +0.11, vwo +0.02, ief +0.13, fxe +0.02, efa +0.01"
+ },
+ "frtsx": {
+  "sym": "frtsx",
+  "name": "Franklin LifeSmart 2020 Retirement Target Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005165850337849297,
+  "alpha_t_5y": -0.5953634235062462,
+  "alpha_t_full": -0.2786573306331854,
+  "r2_5y": 0.9450347602990571,
+  "r2_full": 0.6592215964277875,
+  "corr_portfolio": 0.24296520751700718,
+  "corr_benchmark": 0.6450148811613365,
+  "alpha_pos_frac": 0.5815602836879432,
+  "fund_max_dd": -0.19695763915405173,
+  "first": "2014-05-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.31, agg +0.34, vea +0.13, vwo +0.03, vmbix +0.09",
+  "ref_full": "ivv +0.22, ief +0.32, vea +0.14, vnq -0.08, vweax +0.20, iwm +0.07"
+ },
+ "frvax": {
+  "sym": "frvax",
+  "name": "FRANKLIN VIRGINIA TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.018892806408348266,
+  "alpha_t_5y": -1.3644520920708687,
+  "alpha_t_full": -0.23797694583841292,
+  "r2_5y": 0.39364466992980585,
+  "r2_full": 0.26199895149380636,
+  "corr_portfolio": 0.01715915792224081,
+  "corr_benchmark": 0.3543617784518996,
+  "alpha_pos_frac": 0.5664739884393064,
+  "fund_max_dd": -0.16446656916501567,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.26, vweax +0.34, ivv -0.14, vnq +0.04, qqq +0.05, tlt -0.12",
+  "ref_full": "agg +0.12, vweax +0.26, ief +0.09, iwm -0.01, fxy +0.03, gsg -0.01"
+ },
+ "frvlx": {
+  "sym": "frvlx",
+  "name": "FRANKLIN SMALL CAP VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.018004818854341995,
+  "alpha_t_5y": 0.6328179848146088,
+  "alpha_t_full": 1.0148243266419064,
+  "r2_5y": 0.8996340312573387,
+  "r2_full": 0.9225576190449638,
+  "corr_portfolio": 0.36177010923479935,
+  "corr_benchmark": 0.4811910223515999,
+  "alpha_pos_frac": 0.4663677130044843,
+  "fund_max_dd": -0.6027390318934945,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.77, qqq -0.53, ivv +0.70, vea +0.15, ief -0.12, gld -0.04",
+  "ref_full": "iwm +0.81, efa +0.07, qqq -0.29, ivv +0.39, tlt -0.05, djp +0.03"
+ },
+ "fsamx": {
+  "sym": "fsamx",
+  "name": "Strategic Advisers Emerging Markets Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004008657340945081,
+  "alpha_t_5y": 0.1398431960333783,
+  "alpha_t_full": -0.45158095609592946,
+  "r2_5y": 0.8620142725514865,
+  "r2_full": 0.7378041585646602,
+  "corr_portfolio": 0.27295007160391915,
+  "corr_benchmark": 0.46399286589155186,
+  "alpha_pos_frac": 0.5027027027027027,
+  "fund_max_dd": -0.408692639472626,
+  "first": "2010-10-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.79, qqq +0.06, vnq -0.08, vea +1.32, efa -1.19, djp -0.03",
+  "ref_full": "vwo +0.66, vweax +0.37, qqq +0.11, vnq -0.06"
+ },
+ "fsazx": {
+  "sym": "fsazx",
+  "name": "Fidelity Arizona Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014907420185349081,
+  "alpha_t_5y": -1.3269553472199387,
+  "alpha_t_full": 0.86126904705831,
+  "r2_5y": 0.3951720217884802,
+  "r2_full": 0.28549245206862994,
+  "corr_portfolio": 0.022907380352472844,
+  "corr_benchmark": 0.3432448451891157,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.13514483502395325,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.24, vweax +0.27, ivv -0.12, tlt -0.12, vnq +0.03, qqq +0.04",
+  "ref_full": "agg +0.11, vweax +0.26, ief +0.08, iwm -0.01, fxy +0.03, gsg -0.01"
+ },
+ "fscdx": {
+  "sym": "fscdx",
+  "name": "Fidelity Advisor Small Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01729282723092868,
+  "alpha_t_5y": 0.8421932311644301,
+  "alpha_t_full": 0.0653167415106184,
+  "r2_5y": 0.9489530980230554,
+  "r2_full": 0.8874071376721215,
+  "corr_portfolio": 0.2721055399898308,
+  "corr_benchmark": 0.5423305175718263,
+  "alpha_pos_frac": 0.5381165919282511,
+  "fund_max_dd": -0.4989274411868425,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.79, ivv +0.15, vea +0.07, gld -0.03",
+  "ref_full": "iwm +0.71, vnq -0.12, ivv +0.20, vweax +0.23, fxy +0.06, efa +0.04"
+ },
+ "fsgrx": {
+  "sym": "fsgrx",
+  "name": "FRANKLIN SMALL CAP GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04647473549393058,
+  "alpha_t_5y": -1.5579091156529168,
+  "alpha_t_full": -0.8280369780999663,
+  "r2_5y": 0.9143057202817275,
+  "r2_full": 0.9271264137534773,
+  "corr_portfolio": 0.16242631954178588,
+  "corr_benchmark": 0.5500691717161271,
+  "alpha_pos_frac": 0.49411764705882355,
+  "fund_max_dd": -0.5974876306071866,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.87, qqq +0.44, ivv -0.34, gld -0.04, vweax +0.15",
+  "ref_full": "iwm +0.85, qqq +0.32, vnq -0.04, ivv -0.15, vweax +0.10"
+ },
+ "fshix": {
+  "sym": "fshix",
+  "name": "Federated Hermes Short-Intermediate Municipal Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012442656972453217,
+  "alpha_t_5y": -2.171533965665826,
+  "alpha_t_full": 0.14641410627846113,
+  "r2_5y": 0.34643434020865305,
+  "r2_full": 0.24068415489668404,
+  "corr_portfolio": 0.072049524327568,
+  "corr_benchmark": 0.2762875845001613,
+  "alpha_pos_frac": 0.4913294797687861,
+  "fund_max_dd": -0.07074556396624676,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.14, ivv -0.03, vblix +0.14, tlt -0.09",
+  "ref_full": "vweax +0.13, agg +0.06, fxy +0.01, efa -0.01, vnq +0.01, iwm -0.01"
+ },
+ "fslbx": {
+  "sym": "fslbx",
+  "name": "Brokerage and Investment Management Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007056184357343203,
+  "alpha_t_5y": 0.15399282810590856,
+  "alpha_t_full": 0.19005455895444073,
+  "r2_5y": 0.7690249333005458,
+  "r2_full": 0.8453251304001596,
+  "corr_portfolio": 0.3071559612412713,
+  "corr_benchmark": 0.48777741149393655,
+  "alpha_pos_frac": 0.4745098039215686,
+  "fund_max_dd": -0.6819603279946704,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.43, qqq -0.50, iwm +0.31, gld -0.09",
+  "ref_full": "ivv +1.11, iwm +0.33, qqq -0.38, efa +0.19, gld -0.07, fxy -0.12"
+ },
+ "fsoax": {
+  "sym": "fsoax",
+  "name": "Fidelity Advisor Value Strategies Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03279655306838777,
+  "alpha_t_5y": 1.1141823735196197,
+  "alpha_t_full": 0.7082864228906677,
+  "r2_5y": 0.8782128004146204,
+  "r2_full": 0.9358632838775289,
+  "corr_portfolio": 0.38433603057043403,
+  "corr_benchmark": 0.5302547988136777,
+  "alpha_pos_frac": 0.4808510638297872,
+  "fund_max_dd": -0.7002277987270853,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.54, efa +0.16, vnq +0.17, ief -0.21, gsg +0.06, ivv +0.13",
+  "ref_full": "iwm +0.48, ivv +0.67, qqq -0.27, vnq +0.08, djp +0.07, efa +0.10"
+ },
+ "fspcx": {
+  "sym": "fspcx",
+  "name": "Insurance Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.046645956808386395,
+  "alpha_t_5y": 1.0182689531037006,
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+  "r2_5y": 0.6227536868037192,
+  "r2_full": 0.7858818714018694,
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+  "alpha_pos_frac": 0.5372549019607843,
+  "fund_max_dd": -0.6947384306501412,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +2.04, qqq -1.14, gld -0.07, ief -0.21, vnq +0.09",
+  "ref_full": "ivv +1.51, qqq -0.73, vnq +0.13, gld -0.09, iwm +0.12, tlt -0.07"
+ },
+ "fsrbx": {
+  "sym": "fsrbx",
+  "name": "Banking Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.05912867273630499,
+  "alpha_t_5y": 1.0081556158649756,
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+  "r2_full": 0.7496377060945707,
+  "corr_portfolio": 0.37792597383752186,
+  "corr_benchmark": 0.3167619525214763,
+  "alpha_pos_frac": 0.49411764705882355,
+  "fund_max_dd": -0.7689464575928953,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.88, qqq -1.22, ivv +1.71, ief -0.30, gld -0.14, vnq -0.14",
+  "ref_full": "iwm +0.67, vnq +0.18, ief -0.33, qqq -0.95, ivv +1.33, gld -0.18"
+ },
+ "fstbx": {
+  "sym": "fstbx",
+  "name": "Federated Hermes Global Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.017121476561988282,
+  "alpha_t_5y": -1.9956506188685512,
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+  "r2_5y": 0.9624534854546588,
+  "r2_full": 0.9361372717785064,
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+  "alpha_pos_frac": 0.48878923766816146,
+  "fund_max_dd": -0.37350965507884193,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.29, vea +0.19, ief +0.18, iwm +0.06, vwo +0.07, vweax +0.07",
+  "ref_full": "ivv +0.33, efa +0.18, iwm +0.09, ief +0.10, vweax +0.14, gld +0.03"
+ },
+ "fstkx": {
+  "sym": "fstkx",
+  "name": "Federated Hermes MDT Large Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.04379161575687758,
+  "alpha_t_5y": 2.416387166376078,
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+  "corr_benchmark": 0.5364893582343886,
+  "alpha_pos_frac": 0.49327354260089684,
+  "fund_max_dd": -0.532118648701316,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.24, qqq -0.56, iwm +0.18, vea +0.08, vnq +0.04, gsg +0.02",
+  "ref_full": "ivv +1.10, qqq -0.39, iwm +0.20, efa +0.06, tlt -0.04, vnq -0.02"
+ },
+ "fsvlx": {
+  "sym": "fsvlx",
+  "name": "Fintech Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0851524537069291,
+  "alpha_t_5y": -1.5664483962270825,
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+  "r2_5y": 0.7270071775430751,
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+  "corr_benchmark": 0.5148710290591477,
+  "alpha_pos_frac": 0.5686274509803921,
+  "fund_max_dd": -0.8384446035540318,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.19, iwm +0.33, qqq -0.30, gld -0.09, vweax +0.33",
+  "ref_full": "iwm +0.46, ivv +0.98, qqq -0.38, vnq +0.12, gld -0.09, gsg -0.07"
+ },
+ "ftazx": {
+  "sym": "ftazx",
+  "name": "FRANKLIN ARIZONA TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015346472313949826,
+  "alpha_t_5y": -1.1392306567600443,
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+  "r2_5y": 0.3809938284771206,
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+  "corr_portfolio": 0.03161666841450128,
+  "corr_benchmark": 0.3448503352254402,
+  "alpha_pos_frac": 0.5838150289017341,
+  "fund_max_dd": -0.1526453638015024,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.31, vweax +0.29, ivv -0.07, tlt -0.17, vnq +0.03",
+  "ref_full": "agg +0.14, vweax +0.27, ief +0.07, efa -0.02, fxy +0.03, gsg -0.01"
+ },
+ "ftbfx": {
+  "sym": "ftbfx",
+  "name": "Fidelity Total Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0009827057134188207,
+  "alpha_t_5y": 0.22693122904464116,
+  "alpha_t_full": 0.743174080570912,
+  "r2_5y": 0.9647802748111112,
+  "r2_full": 0.7790469533412199,
+  "corr_portfolio": -0.029365959342688035,
+  "corr_benchmark": 0.7280827065896481,
+  "alpha_pos_frac": 0.4797687861271676,
+  "fund_max_dd": -0.17607808965489224,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.01, vweax +0.16, vblix +0.31, ief +0.30, tlt -0.13, vmbix +0.13",
+  "ref_full": "ief +0.33, vweax +0.31, agg +0.13, tlt +0.04, vnq +0.01, fxe +0.01"
+ },
+ "ftcex": {
+  "sym": "ftcex",
+  "name": "Fidelity Total International Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013667805454180918,
+  "alpha_t_5y": -1.1013417046265708,
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+  "r2_5y": 0.9674546007738082,
+  "r2_full": 0.9622432856710008,
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+  "corr_benchmark": 0.5540901940726115,
+  "alpha_pos_frac": 0.5727272727272728,
+  "fund_max_dd": -0.6238739403000115,
+  "first": "2007-11-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.71, vwo +0.26, fxy -0.05, qqq +0.03, vnq -0.03, vweax +0.09",
+  "ref_full": "vea +0.40, vwo +0.17, vweax +0.24, efa +0.26, qqq +0.05, gld +0.03"
+ },
+ "ftcox": {
+  "sym": "ftcox",
+  "name": "FRANKLIN COREFOLIO ALLOCATION FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04026943315621924,
+  "alpha_t_5y": -3.513452602641438,
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+  "r2_5y": 0.9737457693097606,
+  "r2_full": 0.8821782320068228,
+  "corr_portfolio": 0.2500957047432057,
+  "corr_benchmark": 0.5916306697965633,
+  "alpha_pos_frac": 0.5336322869955157,
+  "fund_max_dd": -0.5424774005243002,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.65, vea -0.04, iwm +0.10, qqq +0.08, efa +0.17, vweax +0.09",
+  "ref_full": "ivv +0.37, efa +0.20, qqq +0.15, iwm +0.14, vnq -0.04, vweax +0.13"
+ },
+ "ftczx": {
+  "sym": "ftczx",
+  "name": "FRANKLIN CONSERVATIVE ALLOCATION FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009454213540651278,
+  "alpha_t_5y": -1.3466144734571164,
+  "alpha_t_full": -1.2547134331893672,
+  "r2_5y": 0.9567417344323352,
+  "r2_full": 0.818942399159625,
+  "corr_portfolio": 0.24777174545202987,
+  "corr_benchmark": 0.7099145247822851,
+  "alpha_pos_frac": 0.57847533632287,
+  "fund_max_dd": -0.2629795119396787,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.31, agg +0.28, vea +0.09, vwo +0.03, vweax +0.06, ief +0.14",
+  "ref_full": "ivv +0.08, ief +0.19, efa +0.12, vweax +0.19, qqq +0.08, iwm +0.06"
+ },
+ "ftfmx": {
+  "sym": "ftfmx",
+  "name": "Fidelity New York Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011984484758110158,
+  "alpha_t_5y": -0.874139942746777,
+  "alpha_t_full": 0.6530683924941246,
+  "r2_5y": 0.38849597119045465,
+  "r2_full": 0.2866317256801527,
+  "corr_portfolio": 0.019806408170131743,
+  "corr_benchmark": 0.35290859016383225,
+  "alpha_pos_frac": 0.5780346820809249,
+  "fund_max_dd": -0.1943956098398617,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.27, vweax +0.32, ivv -0.07, vnq +0.03, tlt -0.13",
+  "ref_full": "agg +0.15, vweax +0.28, ief +0.07, efa -0.03, fxy +0.04, vnq +0.01"
+ },
+ "ftgax": {
+  "sym": "ftgax",
+  "name": "FRANKLIN GEORGIA TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015523029709634751,
+  "alpha_t_5y": -1.0663183658778697,
+  "alpha_t_full": 0.06350917924923312,
+  "r2_5y": 0.3991979656277639,
+  "r2_full": 0.2704102509101224,
+  "corr_portfolio": 0.018390127439754576,
+  "corr_benchmark": 0.3593082447302564,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.16447053047446725,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.27, vweax +0.36, ivv -0.14, vnq +0.04, tlt -0.13, qqq +0.04",
+  "ref_full": "agg +0.13, vweax +0.28, ief +0.09, efa -0.01, fxy +0.03, gsg -0.01"
+ },
+ "ftgsx": {
+  "sym": "ftgsx",
+  "name": "Federated Hermes Total Return Government Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0093289104576406,
+  "alpha_t_5y": -1.8819776835479043,
+  "alpha_t_full": -1.8026332584571934,
+  "r2_5y": 0.9579563556811357,
+  "r2_full": 0.8913153073142549,
+  "corr_portfolio": -0.16596085921787743,
+  "corr_benchmark": 0.6382446621312179,
+  "alpha_pos_frac": 0.4797687861271676,
+  "fund_max_dd": -0.20526447832468653,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.43, vmbix +0.24, vblix +0.21, tlt -0.11, ivv -0.02, vweax +0.04",
+  "ref_full": "ief +0.49, vweax +0.08, tlt +0.04, agg +0.06, fxe +0.02, gsg -0.00"
+ },
+ "ftiax": {
+  "sym": "ftiax",
+  "name": "Federated Hermes Short-Term Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00036800600837686966,
+  "alpha_t_5y": -0.07063405468625951,
+  "alpha_t_full": 0.18415110709201357,
+  "r2_5y": 0.6347880075025557,
+  "r2_full": 0.49337530936780893,
+  "corr_portfolio": -0.033250572639175864,
+  "corr_benchmark": 0.40672993756969905,
+  "alpha_pos_frac": 0.3930635838150289,
+  "fund_max_dd": -0.05343091160125346,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.29, tlt -0.22, vblix +0.19, ivv -0.02, vweax +0.06",
+  "ref_full": "ief +0.20, vweax +0.12, tlt -0.05, ivv -0.01, agg +0.05, fxy +0.01"
+ },
+ "ftlax": {
+  "sym": "ftlax",
+  "name": "Nuveen Louisiana Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009952981831267825,
+  "alpha_t_5y": -0.7110459265193688,
+  "alpha_t_full": 0.6830927242443673,
+  "r2_5y": 0.36792337946844855,
+  "r2_full": 0.2694576764842145,
+  "corr_portfolio": 0.042525847059877574,
+  "corr_benchmark": 0.341290652044643,
+  "alpha_pos_frac": 0.5836575875486382,
+  "fund_max_dd": -0.17059618409561295,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.44, ief +0.14, ivv -0.07, vnq +0.03",
+  "ref_full": "vweax +0.29, ief +0.15, efa -0.03, vnq +0.01, fxy +0.03"
+ },
+ "ftnyx": {
+  "sym": "ftnyx",
+  "name": "Nomura Tax-Free New York Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010160311043484182,
+  "alpha_t_5y": -0.6075477946609172,
+  "alpha_t_full": 0.6464675644856412,
+  "r2_5y": 0.39225383099617395,
+  "r2_full": 0.2731408517939583,
+  "corr_portfolio": 0.03421045614263646,
+  "corr_benchmark": 0.37092838478649454,
+  "alpha_pos_frac": 0.5780346820809249,
+  "fund_max_dd": -0.17107662393375034,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.12, vweax +0.49, ivv -0.09, vnq +0.03",
+  "ref_full": "agg +0.09, vweax +0.27, ief +0.13, gsg -0.01, fxy +0.04, vnq +0.01"
+ },
+ "ftoix": {
+  "sym": "ftoix",
+  "name": "FRANKLIN OHIO TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01789069769572365,
+  "alpha_t_5y": -1.3305329451371475,
+  "alpha_t_full": 0.3365405470979467,
+  "r2_5y": 0.3948596076994134,
+  "r2_full": 0.27392497503236446,
+  "corr_portfolio": 0.015404188956118737,
+  "corr_benchmark": 0.3614007185778522,
+  "alpha_pos_frac": 0.5992217898832685,
+  "fund_max_dd": -0.16399834578061057,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.43, ief +0.15, ivv -0.13, vnq +0.03, qqq +0.04",
+  "ref_full": "agg +0.12, vweax +0.25, ief +0.10, efa -0.01, fxy +0.03, gsg -0.01"
+ },
+ "ftorx": {
+  "sym": "ftorx",
+  "name": "Nomura Tax-Free Oregon Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010128420967294683,
+  "alpha_t_5y": -0.6516416511171053,
+  "alpha_t_full": 0.14744893216751925,
+  "r2_5y": 0.3810552723287084,
+  "r2_full": 0.2889083507838571,
+  "corr_portfolio": 0.04259101417997382,
+  "corr_benchmark": 0.3595973425633313,
+  "alpha_pos_frac": 0.5895953757225434,
+  "fund_max_dd": -0.14647579836619007,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.29, vweax +0.34, ivv -0.09, vnq +0.03, tlt -0.17, vmbix +0.10",
+  "ref_full": "agg +0.14, vweax +0.29, ief +0.09, efa -0.01, fxy +0.03, gsg -0.01"
+ },
+ "ftrax": {
+  "sym": "ftrax",
+  "name": "Franklin LifeSmart Retirement Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00839518862268479,
+  "alpha_t_5y": -1.144437355131548,
+  "alpha_t_full": -0.7359766394942775,
+  "r2_5y": 0.9375455550483867,
+  "r2_full": 0.8342086344017099,
+  "corr_portfolio": 0.2723652241397532,
+  "corr_benchmark": 0.7081608500276022,
+  "alpha_pos_frac": 0.547085201793722,
+  "fund_max_dd": -0.38461447372427426,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.31, agg +0.37, vea +0.08, vweax +0.12, qqq -0.06, vwo +0.03",
+  "ref_full": "efa +0.13, ivv +0.11, tlt +0.07, vwo +0.07, iwm +0.07, vweax +0.12"
+ },
+ "ftrcx": {
+  "sym": "ftrcx",
+  "name": "Franklin LifeSmart 2035 Retirement Target Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01851643078127936,
+  "alpha_t_5y": -1.805851708353053,
+  "alpha_t_full": -0.9101932404389667,
+  "r2_5y": 0.9598080210309473,
+  "r2_full": 0.8256878609453597,
+  "corr_portfolio": 0.2792491283593437,
+  "corr_benchmark": 0.593349919369904,
+  "alpha_pos_frac": 0.5964125560538116,
+  "fund_max_dd": -0.5170495813112018,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.46, vea +0.18, agg +0.20, vwo +0.07, iwm +0.02",
+  "ref_full": "ivv +0.17, efa +0.21, iwm +0.10, qqq +0.10, vwo +0.07, tlt +0.05"
+ },
+ "ftrfx": {
+  "sym": "ftrfx",
+  "name": "Federated Hermes Total Return Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0023663803355168074,
+  "alpha_t_5y": -0.446206172654417,
+  "alpha_t_full": -0.7149773100155233,
+  "r2_5y": 0.950070403885602,
+  "r2_full": 0.8175673424150512,
+  "corr_portfolio": -0.04190120176301571,
+  "corr_benchmark": 0.6953018657429701,
+  "alpha_pos_frac": 0.4508670520231214,
+  "fund_max_dd": -0.17158848595537513,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.16, vweax +0.22, ief +0.26, vmbix +0.24, ivv -0.02, vblix +0.06",
+  "ref_full": "ief +0.41, vweax +0.28, agg +0.10, vnq +0.00, tlt +0.02, fxe +0.01"
+ },
+ "ftrnx": {
+  "sym": "ftrnx",
+  "name": "Fidelity Trend Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01556697060877739,
+  "alpha_t_5y": -0.6329916396009692,
+  "alpha_t_full": -0.9053456446138891,
+  "r2_5y": 0.9465493459729687,
+  "r2_full": 0.9246599459524264,
+  "corr_portfolio": 0.1370489391994637,
+  "corr_benchmark": 0.5979637484025647,
+  "alpha_pos_frac": 0.45739910313901344,
+  "fund_max_dd": -0.562562563714947,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.97, iwm +0.15, vnq -0.07, vea +0.06",
+  "ref_full": "qqq +0.65, ivv +0.33, iwm +0.11, vnq -0.05, gld +0.04, vweax +0.07"
+ },
+ "ftrtx": {
+  "sym": "ftrtx",
+  "name": "Franklin LifeSmart 2025 Retirement Target Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01181573058778953,
+  "alpha_t_5y": -1.4261251075974568,
+  "alpha_t_full": -0.7562959880847917,
+  "r2_5y": 0.9601098920817888,
+  "r2_full": 0.8591899964491563,
+  "corr_portfolio": 0.28039372144725155,
+  "corr_benchmark": 0.6477594146247166,
+  "alpha_pos_frac": 0.5874439461883408,
+  "fund_max_dd": -0.4594764532663549,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.35, agg +0.33, vea +0.14, vwo +0.05, vweax +0.05, iwm +0.01",
+  "ref_full": "ivv +0.23, efa +0.16, vwo +0.08, iwm +0.08, tlt +0.06, vweax +0.14"
+ },
+ "ftsd": {
+  "sym": "ftsd",
+  "name": "Franklin Short Duration U.S. Government ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0029269111654663138,
+  "alpha_t_5y": -0.511996426901745,
+  "alpha_t_full": 0.19805962116742887,
+  "r2_5y": 0.4269946199197796,
+  "r2_full": 0.26687677661005127,
+  "corr_portfolio": -0.06619646753337831,
+  "corr_benchmark": 0.2667055114219655,
+  "alpha_pos_frac": 0.4527027027027027,
+  "fund_max_dd": -0.05319164713731206,
+  "first": "2013-11-06",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.23, tlt -0.07, vmbix +0.08, iwm -0.01",
+  "ref_full": "vmbix +0.05, ief +0.15, tlt -0.06, agg +0.09, ivv -0.01"
+ },
+ "fttax": {
+  "sym": "fttax",
+  "name": "Franklin LifeSmart 2045 Retirement Target Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01277556194418608,
+  "alpha_t_5y": -1.0939687345129425,
+  "alpha_t_full": -0.7489208214603256,
+  "r2_5y": 0.9626048365451022,
+  "r2_full": 0.8627905427906661,
+  "corr_portfolio": 0.2966844959383955,
+  "corr_benchmark": 0.5961400697104088,
+  "alpha_pos_frac": 0.49230769230769234,
+  "fund_max_dd": -0.532313010343341,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.58, vea +0.21, vwo +0.09, vmbix +0.08",
+  "ref_full": "ivv +0.20, efa +0.24, iwm +0.10, qqq +0.14, djp +0.05, vweax +0.16"
+ },
+ "fttmx": {
+  "sym": "fttmx",
+  "name": "FRANKLIN MICHIGAN TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01777738108494693,
+  "alpha_t_5y": -1.3966580971981526,
+  "alpha_t_full": 0.05251536204931632,
+  "r2_5y": 0.4091351768831635,
+  "r2_full": 0.2665475519474225,
+  "corr_portfolio": 0.030386064276062247,
+  "corr_benchmark": 0.35009940033145737,
+  "alpha_pos_frac": 0.5606936416184971,
+  "fund_max_dd": -0.15648909898365393,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.33, ief +0.07, ivv -0.07, vblix +0.24, tlt -0.14, vnq +0.02",
+  "ref_full": "agg +0.12, vweax +0.26, ief +0.07, efa -0.01, fxy +0.03, gsg -0.01"
+ },
+ "fulax": {
+  "sym": "fulax",
+  "name": "Federated Hermes Ultrashort Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0016388444990301564,
+  "alpha_t_5y": 0.3457220725629058,
+  "alpha_t_full": 0.1677759721015144,
+  "r2_5y": 0.3339152253838774,
+  "r2_full": 0.2309149714255081,
+  "corr_portfolio": 0.05345494877391817,
+  "corr_benchmark": 0.23860152422219072,
+  "alpha_pos_frac": 0.3468208092485549,
+  "fund_max_dd": -0.05723176673681474,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.06, ief +0.14, tlt -0.15, vblix +0.18, vea -0.01, agg -0.10",
+  "ref_full": "vweax +0.11, ief +0.10, tlt -0.03, iwm -0.00"
+ },
+ "fusgx": {
+  "sym": "fusgx",
+  "name": "Federated Hermes Fund for U.S. Government Securities",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0036177428321389478,
+  "alpha_t_5y": -0.5679672876877913,
+  "alpha_t_full": -1.6431983672053767,
+  "r2_5y": 0.9445125972791396,
+  "r2_full": 0.6694291434314147,
+  "corr_portfolio": -0.09558513282930542,
+  "corr_benchmark": 0.6400200128223943,
+  "alpha_pos_frac": 0.5317919075144508,
+  "fund_max_dd": -0.24644487112967772,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.76, agg +0.41, vblix -0.06, qqq -0.01",
+  "ref_full": "ief +0.52, efa +0.02, agg +0.17, tlt -0.06, vweax +0.05, iwm +0.01"
+ },
+ "fusix": {
+  "sym": "fusix",
+  "name": "Strategic Advisers Fidelity International Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0006337909968720381,
+  "alpha_t_5y": 0.05676721888922551,
+  "alpha_t_full": -0.8825857828780361,
+  "r2_5y": 0.9720490338950241,
+  "r2_full": 0.9567498151076428,
+  "corr_portfolio": 0.38027089593579194,
+  "corr_benchmark": 0.5560726587789968,
+  "alpha_pos_frac": 0.5964125560538116,
+  "fund_max_dd": -0.6509161948085842,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.67, vea +0.25, qqq +0.07, ivv -0.08, vweax +0.07, fxe +0.04",
+  "ref_full": "efa +0.77, vweax +0.24, vwo +0.04, fxe +0.06, qqq +0.04, djp +0.02"
+ },
+ "fvatx": {
+  "sym": "fvatx",
+  "name": "Nuveen Virginia Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0162675321498863,
+  "alpha_t_5y": -1.1602919638493119,
+  "alpha_t_full": 0.38445524075639587,
+  "r2_5y": 0.3974144740605775,
+  "r2_full": 0.28569013653704567,
+  "corr_portfolio": 0.041970416178658876,
+  "corr_benchmark": 0.3639985638322567,
+  "alpha_pos_frac": 0.5953757225433526,
+  "fund_max_dd": -0.1613521895460085,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.35, ief +0.09, ivv -0.07, vnq +0.02, vblix +0.25, tlt -0.16",
+  "ref_full": "agg +0.12, vweax +0.29, ief +0.08, fxy +0.04, efa -0.03, vnq +0.01"
+ },
+ "fvdfx": {
+  "sym": "fvdfx",
+  "name": "Fidelity Value Discovery Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.012825522485251796,
+  "alpha_t_5y": 0.708080959237154,
+  "alpha_t_full": 1.2777215352392521,
+  "r2_5y": 0.8969773194165902,
+  "r2_full": 0.9401373982278146,
+  "corr_portfolio": 0.40881937648319316,
+  "corr_benchmark": 0.5104414450959458,
+  "alpha_pos_frac": 0.48878923766816146,
+  "fund_max_dd": -0.6088490157383509,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.38, qqq -0.73, vea +0.13, iwm +0.10",
+  "ref_full": "ivv +0.97, qqq -0.38, iwm +0.15, vnq +0.09, efa +0.13, ief -0.13"
+ },
+ "fvilx": {
+  "sym": "fvilx",
+  "name": "Forester Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.030056991521060263,
+  "alpha_t_5y": 1.058304647094212,
+  "alpha_t_full": 1.5762927323727123,
+  "r2_5y": 0.3834398513846109,
+  "r2_full": 0.2644275111974552,
+  "corr_portfolio": 0.22307425623849597,
+  "corr_benchmark": -0.015831433092475873,
+  "alpha_pos_frac": 0.4527363184079602,
+  "fund_max_dd": -0.1671974783780389,
+  "first": "2009-06-09",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq -0.52, ivv +0.47, gld +0.06, fxy +0.08, vnq +0.05, gsg +0.03",
+  "ref_full": "vnq +0.07, qqq -0.35, ivv +0.43, fxe +0.09, vweax -0.17, djp +0.03"
+ },
+ "fvrmx": {
+  "sym": "fvrmx",
+  "name": "FRANKLIN MUTUAL SMALL-MID CAP VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03287024979180572,
+  "alpha_t_5y": 1.0374702141573267,
+  "alpha_t_full": 0.7629693296604331,
+  "r2_5y": 0.8616076096710938,
+  "r2_full": 0.8366420232778514,
+  "corr_portfolio": 0.31873132086378847,
+  "corr_benchmark": 0.4475609861136934,
+  "alpha_pos_frac": 0.5327868852459017,
+  "fund_max_dd": -0.5660838951786051,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.86, qqq -0.53, ivv +0.66, vnq -0.08, agg -0.12",
+  "ref_full": "iwm +0.89, qqq -0.25, vnq -0.08, ivv +0.20, vweax +0.13, vwo -0.04"
+ },
+ "fwiax": {
+  "sym": "fwiax",
+  "name": "Nuveen Wisconsin Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005940987319150568,
+  "alpha_t_5y": -0.33833777648471425,
+  "alpha_t_full": 0.5154314189677865,
+  "r2_5y": 0.34880956797179863,
+  "r2_full": 0.2581414295597878,
+  "corr_portfolio": 0.030345632717429637,
+  "corr_benchmark": 0.3211927562260082,
+  "alpha_pos_frac": 0.5642023346303502,
+  "fund_max_dd": -0.15044906965191762,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.53, ief +0.17, ivv -0.10, vnq +0.04",
+  "ref_full": "agg +0.12, vweax +0.29, ief +0.09, fxy +0.04, efa -0.03, vnq +0.01"
+ },
+ "fwwfx": {
+  "sym": "fwwfx",
+  "name": "Fidelity Worldwide Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02439787331718331,
+  "alpha_t_5y": -1.0525924183091429,
+  "alpha_t_full": -0.6187762845634324,
+  "r2_5y": 0.9177754306128466,
+  "r2_full": 0.9394030880155806,
+  "corr_portfolio": 0.2652367378066896,
+  "corr_benchmark": 0.6017865957547447,
+  "alpha_pos_frac": 0.5381165919282511,
+  "fund_max_dd": -0.5654438003798539,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.38, vea +0.67, qqq +0.30, vnq -0.12, iwm +0.09, efa -0.32",
+  "ref_full": "ivv +0.25, efa +0.33, qqq +0.31, djp +0.04, vweax +0.11, iwm +0.05"
+ },
+ "fxctx": {
+  "sym": "fxctx",
+  "name": "FRANKLIN CONNECTICUT TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016139700461547786,
+  "alpha_t_5y": -1.0546671121194842,
+  "alpha_t_full": -0.29731657762581454,
+  "r2_5y": 0.3740945170289278,
+  "r2_full": 0.24879808843662987,
+  "corr_portfolio": 0.018336792545990025,
+  "corr_benchmark": 0.34708750771906993,
+  "alpha_pos_frac": 0.5606936416184971,
+  "fund_max_dd": -0.16497528293361308,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.25, vweax +0.34, ivv -0.08, vnq +0.03, tlt -0.14, vmbix +0.09",
+  "ref_full": "agg +0.14, vweax +0.26, ief +0.08, efa -0.02, fxy +0.03"
+ },
+ "fxidx": {
+  "sym": "fxidx",
+  "name": "Fixed Income SHares: Series LD",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005381169864935086,
+  "alpha_t_5y": -0.6300545530369532,
+  "alpha_t_full": 1.9373575139637316,
+  "r2_5y": 0.28702816361214467,
+  "r2_full": 0.30935026896122686,
+  "corr_portfolio": 0.09284711189289317,
+  "corr_benchmark": -0.12599743994756638,
+  "alpha_pos_frac": 0.6027397260273972,
+  "fund_max_dd": -0.10488051887813243,
+  "first": "2013-12-26",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "tlt -0.37, ief +0.34, vblix +0.29, ivv -0.02, vmbix -0.12",
+  "ref_full": "vweax +0.15, vea -0.04, tlt -0.29, vblix +0.24, ief +0.28, vmbix -0.18"
+ },
+ "fxncx": {
+  "sym": "fxncx",
+  "name": "FRANKLIN NORTH CAROLINA TAX-FREE INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016918248616159235,
+  "alpha_t_5y": -1.1967533453774857,
+  "alpha_t_full": -0.2326663911020339,
+  "r2_5y": 0.39294849571032286,
+  "r2_full": 0.2570971376628324,
+  "corr_portfolio": 0.01843905074162645,
+  "corr_benchmark": 0.35662441543946566,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.16109332141622723,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.28, vweax +0.33, ivv -0.07, vnq +0.03, tlt -0.13",
+  "ref_full": "agg +0.14, vweax +0.27, ief +0.07, efa -0.02, fxy +0.03, gsg -0.01"
+ },
+ "fyhtx": {
+  "sym": "fyhtx",
+  "name": "Fidelity Commodity Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 2.364499843271453,
+  "alpha_t_5y": 0.8834448624264606,
+  "alpha_t_full": 0.7734501550161837,
+  "r2_5y": 3.3306690738754696e-16,
+  "r2_full": -4.440892098500626e-16,
+  "corr_portfolio": 0.024713011317094843,
+  "corr_benchmark": -0.0036996827778513035,
+  "alpha_pos_frac": NaN,
+  "fund_max_dd": -1.4368015725411327,
+  "first": "2017-05-31",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "pure alpha (no sleeve selected)"
+ },
+ "gaaex": {
+  "sym": "gaaex",
+  "name": "Guinness Atkinson Alternative Energy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0750169199823589,
+  "alpha_t_5y": -1.5152369102758787,
+  "alpha_t_full": -2.664693018313213,
+  "r2_5y": 0.740870058196194,
+  "r2_full": 0.7139356470730979,
+  "corr_portfolio": 0.2260170661068926,
+  "corr_benchmark": 0.49742320828616154,
+  "alpha_pos_frac": 0.5201793721973094,
+  "fund_max_dd": -0.859284916338576,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.47, iwm +0.41, vwo +0.22, qqq +0.33, ivv -0.38",
+  "ref_full": "efa +0.39, iwm +0.36, vwo +0.29, vweax +0.45, vnq -0.08, fxe +0.19"
+ },
+ "gaawx": {
+  "sym": "gaawx",
+  "name": "GMO International Developed Equity Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.054871855577572515,
+  "alpha_t_5y": 2.7003170021968494,
+  "alpha_t_full": 2.7003170021968494,
+  "r2_5y": 0.9025794340147949,
+  "r2_full": 0.9025794340147949,
+  "corr_portfolio": 0.3164268708590185,
+  "corr_benchmark": 0.535632431242472,
+  "alpha_pos_frac": 0.4918032786885246,
+  "fund_max_dd": -0.29681872663613906,
+  "first": "2021-01-26",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.43, vea +0.54, qqq -0.06, vnq -0.04",
+  "ref_full": "efa +0.43, vea +0.54, qqq -0.06, vnq -0.04"
+ },
+ "gabcx": {
+  "sym": "gabcx",
+  "name": "THE GABELLI ABC FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.002994367367043579,
+  "alpha_t_5y": 0.2968994000038619,
+  "alpha_t_full": 0.9354264334894556,
+  "r2_5y": 0.6759798482363197,
+  "r2_full": 0.6725258321317436,
+  "corr_portfolio": 0.30202108643448183,
+  "corr_benchmark": 0.528479332637161,
+  "alpha_pos_frac": 0.44508670520231214,
+  "fund_max_dd": -0.10797674851771588,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.11, efa +0.05, qqq -0.08, ivv +0.11, gld +0.02, vblix +0.02",
+  "ref_full": "iwm +0.07, efa +0.06, agg +0.14, ief -0.07, vweax +0.05, ivv +0.03"
+ },
+ "gabvx": {
+  "sym": "gabvx",
+  "name": "THE GABELLI VALUE 25 FUND INC.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004706727567946531,
+  "alpha_t_5y": 0.15472441117061808,
+  "alpha_t_full": -0.7251015746307943,
+  "r2_5y": 0.7957447751357071,
+  "r2_full": 0.8883849132899403,
+  "corr_portfolio": 0.35375802962779046,
+  "corr_benchmark": 0.5360506060514046,
+  "alpha_pos_frac": 0.5129310344827587,
+  "fund_max_dd": -0.6309228889434342,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.30, efa +0.27, vnq +0.15, djp +0.05, tlt -0.05, ivv +0.09",
+  "ref_full": "ivv +0.56, iwm +0.28, efa +0.24, qqq -0.20, gld +0.06, vweax +0.14"
+ },
+ "gagax": {
+  "sym": "gagax",
+  "name": "The Gabelli Global Rising Income and Dividend Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004661137748972688,
+  "alpha_t_5y": 0.20612141134612894,
+  "alpha_t_full": -0.1362440211868193,
+  "r2_5y": 0.8454335120745202,
+  "r2_full": 0.6479700235966097,
+  "corr_portfolio": 0.41212339849778756,
+  "corr_benchmark": 0.5251957917519559,
+  "alpha_pos_frac": 0.49586776859504134,
+  "fund_max_dd": -0.4925311936427267,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.47, iwm +0.18, qqq -0.32, vweax +0.39, ivv +0.37, fxe +0.14",
+  "ref_full": "efa +0.21, vweax +0.57, iwm +0.23, vnq -0.06, fxy +0.08, gld +0.04"
+ },
+ "gaigx": {
+  "sym": "gaigx",
+  "name": "GABELLI INTERNATIONAL GROWTH FUND, INC",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07263854876148096,
+  "alpha_t_5y": -2.5506172507204843,
+  "alpha_t_full": -1.6053031026566231,
+  "r2_5y": 0.851738844602953,
+  "r2_full": 0.8791393679943331,
+  "corr_portfolio": 0.27221411673735507,
+  "corr_benchmark": 0.564477196009506,
+  "alpha_pos_frac": 0.548936170212766,
+  "fund_max_dd": -0.5820408677647737,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.90, gld +0.10, gsg -0.05, qqq +0.08, vweax +0.21, iwm -0.06",
+  "ref_full": "efa +0.71, gld +0.08, vweax +0.23, vwo +0.07, fxy +0.10, qqq +0.05"
+ },
+ "gaiox": {
+  "sym": "gaiox",
+  "name": "American Funds Growth and Income Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0025517023822019674,
+  "alpha_t_5y": -0.310246409532503,
+  "alpha_t_full": -0.31591855017640497,
+  "r2_5y": 0.9754967020458946,
+  "r2_full": 0.973914616518961,
+  "corr_portfolio": 0.3089997246219954,
+  "corr_benchmark": 0.6589185555334338,
+  "alpha_pos_frac": 0.5212121212121212,
+  "fund_max_dd": -0.26545889843302173,
+  "first": "2012-05-22",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.49, vea +0.17, ief +0.10, iwm +0.05, vwo +0.04, vweax +0.07",
+  "ref_full": "ivv +0.46, vea +0.20, ief +0.12, vwo +0.03, vweax +0.09, qqq +0.04"
+ },
+ "gatax": {
+  "sym": "gatax",
+  "name": "THE GABELLI ASSET FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013924446554388644,
+  "alpha_t_5y": -0.8242838256717854,
+  "alpha_t_full": 0.5787226477107078,
+  "r2_5y": 0.9274853806569482,
+  "r2_full": 0.949899243811008,
+  "corr_portfolio": 0.37558967055293235,
+  "corr_benchmark": 0.5664102434682181,
+  "alpha_pos_frac": 0.5426008968609866,
+  "fund_max_dd": -0.5544607237320961,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.23, efa -0.11, ivv +0.92, qqq -0.48, vea +0.35, vweax +0.11",
+  "ref_full": "ivv +0.62, iwm +0.24, efa +0.20, qqq -0.20, vweax +0.13, djp +0.03"
+ },
+ "gauax": {
+  "sym": "gauax",
+  "name": "THE GABELLI UTILITIES FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005942782074161795,
+  "alpha_t_5y": -0.16095906059839762,
+  "alpha_t_full": -1.1465149614108017,
+  "r2_5y": 0.6350841727788281,
+  "r2_full": 0.7053803543166304,
+  "corr_portfolio": 0.3114266966469097,
+  "corr_benchmark": 0.5113272444092892,
+  "alpha_pos_frac": 0.547085201793722,
+  "fund_max_dd": -0.4714244661170689,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.37, vea +0.53, qqq -0.58, ivv +0.85, ief +0.18, efa -0.44",
+  "ref_full": "ivv +0.85, qqq -0.38, agg +0.31, vnq +0.09, efa +0.10, gld +0.04"
+ },
+ "gbcix": {
+  "sym": "gbcix",
+  "name": "THE GABELLI DIVIDEND GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0025875898908715583,
+  "alpha_t_5y": -0.13740279666670144,
+  "alpha_t_full": -0.5040096357623268,
+  "r2_5y": 0.9049437983705054,
+  "r2_full": 0.9356607344457237,
+  "corr_portfolio": 0.3722541339424277,
+  "corr_benchmark": 0.5444529323409357,
+  "alpha_pos_frac": 0.47307692307692306,
+  "fund_max_dd": -0.540889866314059,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.21, qqq -0.56, iwm +0.17, efa +0.09",
+  "ref_full": "ivv +1.02, qqq -0.30, iwm +0.12, efa +0.12, gsg +0.03, fxe -0.06"
+ },
+ "gblax": {
+  "sym": "gblax",
+  "name": "AMERICAN FUNDS GLOBAL BALANCED FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0080921465804174,
+  "alpha_t_5y": -0.8370315154610665,
+  "alpha_t_full": -0.7628636145803972,
+  "r2_5y": 0.9446575322842881,
+  "r2_full": 0.9490670304248123,
+  "corr_portfolio": 0.3436925226928844,
+  "corr_benchmark": 0.6682375680523283,
+  "alpha_pos_frac": 0.4861878453038674,
+  "fund_max_dd": -0.23362103298539916,
+  "first": "2011-02-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.21, ivv +0.38, ief +0.18, fxe +0.11, vwo +0.06, qqq -0.07",
+  "ref_full": "vea +0.24, ivv +0.26, ief +0.17, vweax +0.16, fxe +0.10, vwo +0.04"
+ },
+ "gbonx": {
+  "sym": "gbonx",
+  "name": "JPMorgan Global Bond Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0010118594965522146,
+  "alpha_t_5y": 0.11310055914962726,
+  "alpha_t_full": 1.6792563741333486,
+  "r2_5y": 0.6530929536898411,
+  "r2_full": 0.6030614381620993,
+  "corr_portfolio": 0.20130997377520285,
+  "corr_benchmark": 0.5292734929982655,
+  "alpha_pos_frac": 0.46405228758169936,
+  "fund_max_dd": -0.11564664439812866,
+  "first": "2013-06-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.33, vmbix +0.20, vwo +0.04, gsg -0.02, fxy +0.03, gld +0.01",
+  "ref_full": "vweax +0.38, agg +0.08, vwo +0.02, ivv -0.04, vea +0.04, vblix +0.05"
+ },
+ "gcaex": {
+  "sym": "gcaex",
+  "name": "THE GABELLI EQUITY INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010292181195497166,
+  "alpha_t_5y": -0.5391131541071462,
+  "alpha_t_full": -0.17336505273494204,
+  "r2_5y": 0.9047035301926898,
+  "r2_full": 0.9475266674436276,
+  "corr_portfolio": 0.4080728713690798,
+  "corr_benchmark": 0.5390647219333305,
+  "alpha_pos_frac": 0.5201793721973094,
+  "fund_max_dd": -0.5223162534449217,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.21, efa +0.00, vnq +0.00, ivv +1.03, qqq -0.58, vea +0.25",
+  "ref_full": "ivv +0.76, qqq -0.29, efa +0.19, iwm +0.18, vweax +0.10, djp +0.03"
+ },
+ "gcasx": {
+  "sym": "gcasx",
+  "name": "THE GABELLI SMALL CAP GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.032392872661698595,
+  "alpha_t_5y": 1.175641563461382,
+  "alpha_t_full": 1.0954681159352853,
+  "r2_5y": 0.8825838419388499,
+  "r2_full": 0.9401720785050295,
+  "corr_portfolio": 0.34394131719473475,
+  "corr_benchmark": 0.545979220850759,
+  "alpha_pos_frac": 0.47410358565737054,
+  "fund_max_dd": -0.516580122617339,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.69, efa +0.24, vwo -0.08, vnq +0.08, gld -0.05, qqq -0.05",
+  "ref_full": "iwm +0.65, efa +0.08, vweax +0.17, ivv +0.31, qqq -0.16, vnq -0.03"
+ },
+ "gcblx": {
+  "sym": "gcblx",
+  "name": "GREEN CENTURY BALANCED FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.029671917723063556,
+  "alpha_t_5y": -3.1892315026961886,
+  "alpha_t_full": -2.1906351743123285,
+  "r2_5y": 0.9617513647837752,
+  "r2_full": 0.955908244848627,
+  "corr_portfolio": 0.24647119185403502,
+  "corr_benchmark": 0.6622157659995321,
+  "alpha_pos_frac": 0.46153846153846156,
+  "fund_max_dd": -0.6430537617476542,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.56, vmbix +0.13, iwm +0.05, gsg -0.02, efa +0.03, ief +0.10",
+  "ref_full": "ivv +0.40, iwm +0.10, agg +0.14, qqq +0.08, gsg -0.02, efa +0.04"
+ },
+ "gcecx": {
+  "sym": "gcecx",
+  "name": "AB Global Core Equity Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.046212484573730186,
+  "alpha_t_5y": -2.6135581663559195,
+  "alpha_t_full": -1.9068781944367217,
+  "r2_5y": 0.9328089234523111,
+  "r2_full": 0.942535897605294,
+  "corr_portfolio": 0.31085149580706256,
+  "corr_benchmark": 0.6024377345758922,
+  "alpha_pos_frac": 0.5185185185185185,
+  "fund_max_dd": -0.3354430310049824,
+  "first": "2014-11-13",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.65, vea -0.01, vwo +0.16, efa +0.29, qqq -0.06",
+  "ref_full": "ivv +0.52, vea +0.06, vwo +0.10, iwm +0.05, efa +0.23, fxe +0.05"
+ },
+ "gceqx": {
+  "sym": "gceqx",
+  "name": "GREEN CENTURY EQUITY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01393727448229081,
+  "alpha_t_5y": -1.015128334840519,
+  "alpha_t_full": -1.8186735273585708,
+  "r2_5y": 0.9672208865073582,
+  "r2_full": 0.9782723982737658,
+  "corr_portfolio": 0.24874460454943245,
+  "corr_benchmark": 0.625312635934006,
+  "alpha_pos_frac": 0.4765957446808511,
+  "fund_max_dd": -0.5687302647776794,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.85, qqq +0.17, gsg -0.02",
+  "ref_full": "ivv +0.82, qqq +0.15, vnq +0.03, gsg -0.02, iwm +0.02"
+ },
+ "gcinx": {
+  "sym": "gcinx",
+  "name": "Green Century MSCI International Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.036850778291283956,
+  "alpha_t_5y": -2.380959549718081,
+  "alpha_t_full": -1.7854874986241744,
+  "r2_5y": 0.949252263049923,
+  "r2_full": 0.95515876623529,
+  "corr_portfolio": 0.2934184139102037,
+  "corr_benchmark": 0.6160944166415099,
+  "alpha_pos_frac": 0.5486725663716814,
+  "fund_max_dd": -0.34260027791044656,
+  "first": "2016-10-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.82, qqq +0.09, fxe +0.10, gsg -0.03, gld +0.03, vweax +0.11",
+  "ref_full": "efa +0.60, qqq +0.08, fxe +0.10, ief +0.08, vea +0.25, gsg -0.02"
+ },
+ "gcpax": {
+  "sym": "gcpax",
+  "name": "Gateway Equity Call Premium Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01242908638407942,
+  "alpha_t_5y": -1.1020323775342469,
+  "alpha_t_full": -1.6995677873719048,
+  "r2_5y": 0.9482942459589829,
+  "r2_full": 0.9346760286769296,
+  "corr_portfolio": 0.27500067747889867,
+  "corr_benchmark": 0.6073907736090779,
+  "alpha_pos_frac": 0.5182481751824818,
+  "fund_max_dd": -0.25241994320840033,
+  "first": "2014-10-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.65, fxy -0.03, efa +0.06, fxe -0.07",
+  "ref_full": "ivv +0.62, fxe -0.03, qqq +0.03"
+ },
+ "gdxj": {
+  "sym": "gdxj",
+  "name": "VanEck Junior Gold Miners ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07082409564101871,
+  "alpha_t_5y": -0.7652670525592081,
+  "alpha_t_full": -1.1421725097846813,
+  "r2_5y": 0.7277138249176238,
+  "r2_full": 0.6351777352801755,
+  "corr_portfolio": 0.05008198972720657,
+  "corr_benchmark": 0.33240001506962613,
+  "alpha_pos_frac": 0.4512820512820513,
+  "fund_max_dd": -0.8866281012211849,
+  "first": "2009-11-12",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "gld +1.59, vea +1.69, efa -1.08, iwm +0.13",
+  "ref_full": "gld +1.93, vea +0.14, vwo +0.25, agg +1.50, ief -0.84, iwm +0.13"
+ },
+ "gegax": {
+  "sym": "gegax",
+  "name": "abrdn Emerging Markets Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04663396002272305,
+  "alpha_t_5y": -1.7256778492064497,
+  "alpha_t_full": -1.1595156639867161,
+  "r2_5y": 0.8870148679799615,
+  "r2_full": 0.804895135457958,
+  "corr_portfolio": 0.26799279259527387,
+  "corr_benchmark": 0.459752076763232,
+  "alpha_pos_frac": 0.5067264573991032,
+  "fund_max_dd": -0.7366461344329192,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.80, qqq +0.07, vnq -0.11, vea +1.56, efa -1.34, fxe -0.14",
+  "ref_full": "vwo +0.64, vweax +0.46, qqq +0.05, djp +0.05, vnq -0.05, iwm +0.06"
+ },
+ "geosx": {
+  "sym": "geosx",
+  "name": "Pear Tree Essex Environmental Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06204932373546015,
+  "alpha_t_5y": -1.2120035814979166,
+  "alpha_t_full": -0.6748659430251316,
+  "r2_5y": 0.7782856436255275,
+  "r2_full": 0.8013633362395733,
+  "corr_portfolio": 0.14548082640740237,
+  "corr_benchmark": 0.5709977575297908,
+  "alpha_pos_frac": 0.5686274509803921,
+  "fund_max_dd": -0.49978013633813667,
+  "first": "2017-09-05",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.75, vwo +0.12, qqq +0.55, ivv -0.75, vweax +0.55, vea +0.24",
+  "ref_full": "iwm +0.73, vwo +0.10, qqq +0.45, ivv -0.62, vea +0.28, vweax +0.34"
+ },
+ "ggbfx": {
+  "sym": "ggbfx",
+  "name": "Global Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013487691535834713,
+  "alpha_t_5y": -1.5374832058924044,
+  "alpha_t_full": -1.3050194574273386,
+  "r2_5y": 0.8178586566283272,
+  "r2_full": 0.7385140884484234,
+  "corr_portfolio": 0.1441072344148912,
+  "corr_benchmark": 0.657244868076768,
+  "alpha_pos_frac": 0.5131578947368421,
+  "fund_max_dd": -0.2761696922676983,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.22, fxe +0.10, vweax +0.26, fxy +0.08, vwo +0.03, ief +0.19",
+  "ref_full": "vweax +0.44, agg +0.14, fxe +0.10, ief +0.17, vwo +0.04, fxy +0.06"
+ },
+ "ggcax": {
+  "sym": "ggcax",
+  "name": "The Gabelli Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.048400844406349106,
+  "alpha_t_5y": -2.0026884309207538,
+  "alpha_t_full": -2.218611100492048,
+  "r2_5y": 0.940167662563896,
+  "r2_full": 0.9366888908194845,
+  "corr_portfolio": 0.12745366081566153,
+  "corr_benchmark": 0.6148934785045322,
+  "alpha_pos_frac": 0.5336322869955157,
+  "fund_max_dd": -0.5718098686904413,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.85, ivv +0.34, iwm -0.06, vea -0.61, efa +0.53",
+  "ref_full": "qqq +0.56, ivv +0.58, fxe +0.08, iwm -0.08, djp +0.03, gld +0.03"
+ },
+ "gghcx": {
+  "sym": "gghcx",
+  "name": "INVESCO Health Care Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.044342175691540094,
+  "alpha_t_5y": -0.9840686747262344,
+  "alpha_t_full": -0.04667147096960561,
+  "r2_5y": 0.5534088156297399,
+  "r2_full": 0.676354721282873,
+  "corr_portfolio": 0.1953237815136779,
+  "corr_benchmark": 0.49968424535300676,
+  "alpha_pos_frac": 0.5276595744680851,
+  "fund_max_dd": -0.4023139561120408,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.82, vnq +0.16, gsg -0.06, qqq -0.19",
+  "ref_full": "ivv +0.58, iwm +0.16, agg +0.16, vnq -0.05, gsg -0.04, efa +0.07"
+ },
+ "gglix": {
+  "sym": "gglix",
+  "name": "abrdn U.S. Sustainable Leaders Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.08189586951898632,
+  "alpha_t_5y": -3.4757416150222276,
+  "alpha_t_full": -2.141688894950509,
+  "r2_5y": 0.90079098728049,
+  "r2_full": 0.8824421029667471,
+  "corr_portfolio": 0.25109942277533287,
+  "corr_benchmark": 0.6018182801835296,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.590189813792706,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.82, iwm +0.14, vweax +0.18",
+  "ref_full": "ivv +0.77, iwm +0.11, vweax +0.12, qqq +0.04"
+ },
+ "ggmmx": {
+  "sym": "ggmmx",
+  "name": "Gabelli Global Mini Mites Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.06054450074354957,
+  "alpha_t_5y": 1.5029213342142145,
+  "alpha_t_full": 1.131186609022767,
+  "r2_5y": 0.6961913076758608,
+  "r2_full": 0.7348856695620414,
+  "corr_portfolio": 0.3026621833723879,
+  "corr_benchmark": 0.49339679493122335,
+  "alpha_pos_frac": 0.4606741573033708,
+  "fund_max_dd": -0.4160650832489341,
+  "first": "2018-10-10",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.61, vweax +0.34, vea +0.15, qqq -0.08, vnq -0.06",
+  "ref_full": "iwm +0.62, vweax +0.37, qqq -0.13, vea +0.19, vnq -0.05"
+ },
+ "gibax": {
+  "sym": "gibax",
+  "name": "Guggenheim Total Return Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0006483581080873902,
+  "alpha_t_5y": -0.13682403763217163,
+  "alpha_t_full": 2.576102521871857,
+  "r2_5y": 0.9605545086620949,
+  "r2_full": 0.8131584500639973,
+  "corr_portfolio": -0.09976891827423345,
+  "corr_benchmark": 0.6737235926665867,
+  "alpha_pos_frac": 0.52046783625731,
+  "fund_max_dd": -0.20876337967794267,
+  "first": "2011-12-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.37, vmbix +0.07, vweax +0.18, ief +0.33, tlt -0.15, ivv -0.02",
+  "ref_full": "vblix +0.22, vmbix +0.21, vweax +0.11, ief +0.18, tlt -0.07, agg +0.08"
+ },
+ "gifax": {
+  "sym": "gifax",
+  "name": "Guggenheim Floating Rate Strategies Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01232232426142022,
+  "alpha_t_5y": 1.6322613713598746,
+  "alpha_t_full": 3.061453757521722,
+  "r2_5y": 0.5162660371038466,
+  "r2_full": 0.6107482810139331,
+  "corr_portfolio": 0.30690248217219446,
+  "corr_benchmark": 0.21438188196318053,
+  "alpha_pos_frac": 0.4853801169590643,
+  "fund_max_dd": -0.19063688473733653,
+  "first": "2011-12-01",
+  "verdict": "alpha, but correlated with current portfolio",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.27, vmbix +0.02, vblix +0.39, tlt -0.23, agg -0.32",
+  "ref_full": "vweax +0.32, vmbix -0.14, vblix +0.38, tlt -0.25, agg -0.06, qqq -0.01"
+ },
+ "gijax": {
+  "sym": "gijax",
+  "name": "Guggenheim Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.024720144194410227,
+  "alpha_t_5y": -1.5927602437384285,
+  "alpha_t_full": -0.518020832678104,
+  "r2_5y": 0.31263999248092467,
+  "r2_full": 0.25825745048027327,
+  "corr_portfolio": 0.044223639837432854,
+  "corr_benchmark": 0.3290076729710267,
+  "alpha_pos_frac": 0.4717948717948718,
+  "fund_max_dd": -0.5178840488042821,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.47, vmbix +0.15, ivv -0.04",
+  "ref_full": "efa +0.11, vnq +0.13, agg +0.19, vwo +0.10, iwm -0.09, vweax +0.22"
+ },
+ "gildx": {
+  "sym": "gildx",
+  "name": "Guggenheim Limited Duration Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0019318280477145556,
+  "alpha_t_5y": 0.47118000911652924,
+  "alpha_t_full": 0.7261806302097913,
+  "r2_5y": 0.7896070128388343,
+  "r2_full": 0.1476759915585878,
+  "corr_portfolio": -0.024132619708872777,
+  "corr_benchmark": 0.20677006868982245,
+  "alpha_pos_frac": 0.5205479452054794,
+  "fund_max_dd": -0.07732565240833644,
+  "first": "2013-12-18",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.27, vweax +0.12, tlt -0.22, vblix +0.21, ivv -0.02",
+  "ref_full": "vmbix +0.06, vweax +0.10, ief +0.18, tlt -0.13, vblix +0.13, vea -0.02"
+ },
+ "giocx": {
+  "sym": "giocx",
+  "name": "Guggenheim Macro Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008368264913279298,
+  "alpha_t_5y": -1.4156425107999642,
+  "alpha_t_full": 1.1291569621436022,
+  "r2_5y": 0.7864164042647236,
+  "r2_full": 0.48581213021245784,
+  "corr_portfolio": 0.16431505902713575,
+  "corr_benchmark": 0.46765434241432724,
+  "alpha_pos_frac": 0.47368421052631576,
+  "fund_max_dd": -0.13224027851330278,
+  "first": "2011-12-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "vweax +0.43, ief +0.12, vwo +0.01, gld +0.01",
+  "ref_full": "vweax +0.31, vmbix +0.19, iwm +0.02, gld +0.02, gsg -0.01, agg -0.07"
+ },
+ "giyix": {
+  "sym": "giyix",
+  "name": "Guggenheim Ultra Short Duration Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00809665924076966,
+  "alpha_t_5y": 1.6516989379219567,
+  "alpha_t_full": 1.306257382516042,
+  "r2_5y": 0.40244838679298445,
+  "r2_full": 0.3306770333621434,
+  "corr_portfolio": 0.0522512101758764,
+  "corr_benchmark": 0.20457675577473325,
+  "alpha_pos_frac": 0.5057471264367817,
+  "fund_max_dd": -0.035034337039059005,
+  "first": "2018-12-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.09, ivv -0.01, ief +0.12, tlt -0.18, vblix +0.24, agg -0.12",
+  "ref_full": "vweax +0.09, vea -0.02, ief +0.11, agg -0.07, tlt -0.09, vblix +0.11"
+ },
+ "gldax": {
+  "sym": "gldax",
+  "name": "GABELLI GOLD FUND INC",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006527756577256536,
+  "alpha_t_5y": -0.08619078099732756,
+  "alpha_t_full": -0.6578289978740796,
+  "r2_5y": 0.7122851821238716,
+  "r2_full": 0.6874973346360305,
+  "corr_portfolio": 0.05496567799534564,
+  "corr_benchmark": 0.3233060830100912,
+  "alpha_pos_frac": 0.4260089686098655,
+  "fund_max_dd": -0.7313835636680606,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "gld +1.25, vea +1.63, efa -1.08",
+  "ref_full": "gld +1.37, vwo +0.27, efa +0.21, djp +0.07, fxe +0.14"
+ },
+ "glnax": {
+  "sym": "glnax",
+  "name": "MFS Global New Discovery Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06285305757523894,
+  "alpha_t_5y": -2.708673418948849,
+  "alpha_t_full": -1.0420912109865406,
+  "r2_5y": 0.8885105629395458,
+  "r2_full": 0.8941230353238694,
+  "corr_portfolio": 0.2801803809706554,
+  "corr_benchmark": 0.6132976492066781,
+  "alpha_pos_frac": 0.49411764705882355,
+  "fund_max_dd": -0.3886012961728972,
+  "first": "2011-12-19",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.41, iwm +0.19, vweax +0.42, ivv +0.24, djp -0.05, fxe +0.15",
+  "ref_full": "vea +0.37, iwm +0.23, qqq +0.14, vweax +0.32, fxe +0.11, vnq +0.05"
+ },
+ "glrbx": {
+  "sym": "glrbx",
+  "name": "James Balanced: Golden Rainbow Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007761398408490788,
+  "alpha_t_5y": -0.9459158239775228,
+  "alpha_t_full": -1.8664612804730512,
+  "r2_5y": 0.9471405052720141,
+  "r2_full": 0.9048810886145571,
+  "corr_portfolio": 0.27684173601884055,
+  "corr_benchmark": 0.712611212408904,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.21584786181885696,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.41, ief +0.18, iwm +0.06, gld +0.04, vea +0.03, qqq -0.04",
+  "ref_full": "ivv +0.33, ief +0.32, iwm +0.11, vnq -0.03, gld +0.03, agg -0.06"
+ },
+ "gmdyx": {
+  "sym": "gmdyx",
+  "name": "MEDIUM-DURATION BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0035434271004090878,
+  "alpha_t_5y": -0.5812497613954289,
+  "alpha_t_full": -2.8001841998931507,
+  "r2_5y": 0.9376784048289537,
+  "r2_full": 0.6635885235467732,
+  "corr_portfolio": -0.05989193133633897,
+  "corr_benchmark": 0.7315392439114865,
+  "alpha_pos_frac": 0.653179190751445,
+  "fund_max_dd": -0.20343214421221834,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.29, vweax +0.10, ief +0.22, vmbix +0.21, vblix +0.07, gsg -0.01",
+  "ref_full": "ief +0.43, vweax +0.18, agg +0.20, ivv +0.04, qqq -0.02"
+ },
+ "goodx": {
+  "sym": "goodx",
+  "name": "GoodHaven Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01381885884261688,
+  "alpha_t_5y": 0.5215765326708894,
+  "alpha_t_full": -0.1538466655763931,
+  "r2_5y": 0.8469361821120744,
+  "r2_full": 0.7925097602357584,
+  "corr_portfolio": 0.3051141494373559,
+  "corr_benchmark": 0.5468684148906439,
+  "alpha_pos_frac": 0.5083798882681564,
+  "fund_max_dd": -0.414312369377273,
+  "first": "2011-04-11",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.94, iwm +0.24, qqq -0.38, vweax +0.22, gsg +0.04, efa +0.08",
+  "ref_full": "iwm +0.28, ivv +0.69, gsg +0.10, qqq -0.25, agg +0.27, fxe +0.10"
+ },
+ "gpgix": {
+  "sym": "gpgix",
+  "name": "Grandeur Peak Global Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07384535572168535,
+  "alpha_t_5y": -2.23819792351854,
+  "alpha_t_full": 0.10493283766545819,
+  "r2_5y": 0.7891636760555434,
+  "r2_full": 0.8266027305110479,
+  "corr_portfolio": 0.2733460673625462,
+  "corr_benchmark": 0.5663148846283723,
+  "alpha_pos_frac": 0.5348837209302325,
+  "fund_max_dd": -0.432140700672211,
+  "first": "2011-10-18",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.35, iwm +0.17, vweax +0.57, qqq +0.12, fxe +0.19, vwo +0.09",
+  "ref_full": "vea +0.33, iwm +0.21, vweax +0.52, qqq +0.11, vwo +0.09, fxy +0.09"
+ },
+ "gpmfx": {
+  "sym": "gpmfx",
+  "name": "GuidePath(R) Managed Futures Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.11837106114006196,
+  "alpha_t_5y": -2.282907722825249,
+  "alpha_t_full": -1.5345349478665224,
+  "r2_5y": 0.2847249373987334,
+  "r2_full": 0.16562842558025215,
+  "corr_portfolio": 0.18881712161413045,
+  "corr_benchmark": -0.064267212870549,
+  "alpha_pos_frac": 0.5289256198347108,
+  "fund_max_dd": -0.35986645151233765,
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "ief -0.74, djp +0.12, gld +0.15, fxy -0.15, vea +0.16, fxe -0.33",
+  "ref_full": "vmbix -0.95, gld +0.22, fxe -0.18, qqq +0.10, tlt +0.26, agg -0.58"
+ },
+ "grnb": {
+  "sym": "grnb",
+  "name": "VanEck Green Bond ETF",
+  "bucket": "all",
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+  "first": "2017-03-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.57, ivv +0.05, vweax +0.09, ief +0.16, vmbix -0.09",
+  "ref_full": "agg +0.12, fxe +0.15, vblix +0.07, ivv +0.04, ief +0.28, vweax +0.08"
+ },
+ "gsxax": {
+  "sym": "gsxax",
+  "name": "abrdn U.S. Small Cap Equity Fund",
+  "bucket": "all",
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+  "alpha_pos_frac": 0.5732758620689655,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.75, ivv +0.20, djp -0.05, vnq +0.05",
+  "ref_full": "iwm +0.76, ivv +0.27, vweax +0.10, qqq -0.06, vwo -0.03"
+ },
+ "gtcix": {
+  "sym": "gtcix",
+  "name": "Disciplined International Equity Portfolio",
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+  "ref_5y": "efa +0.64, qqq -0.17, fxe +0.29, vweax +0.56, tlt -0.09, fxy +0.08",
+  "ref_full": "efa +0.84, qqq -0.12, vwo +0.11, vweax +0.25, tlt -0.07, fxe +0.09"
+ },
+ "gtddx": {
+  "sym": "gtddx",
+  "name": "Invesco Emerging Markets ex-China Fund",
+  "bucket": "all",
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.64, vea +1.87, efa -1.57, vnq -0.09, djp -0.05, fxy -0.09",
+  "ref_full": "vwo +0.55, vweax +0.47, qqq +0.05, vnq -0.06, iwm +0.05, efa +0.06"
+ },
+ "gtfbx": {
+  "sym": "gtfbx",
+  "name": "T. Rowe Price Georgia Tax-Free Bond Fund",
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
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+  "ref_full": "agg +0.12, vweax +0.29, ief +0.09, efa -0.03, fxy +0.03, vnq +0.01"
+ },
+ "gtrax": {
+  "sym": "gtrax",
+  "name": "PGIM Global Total Return Fund",
+  "bucket": "all",
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.10, fxe +0.30, vweax +0.25, fxy +0.15, vblix +0.38, tlt -0.16",
+  "ref_full": "fxe +0.34, ief +0.22, vweax +0.33, fxy +0.21, vwo +0.03, agg +0.13"
+ },
+ "gtsax": {
+  "sym": "gtsax",
+  "name": "INVESCO Small Cap Growth Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.08486068385471413,
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+  "fund_max_dd": -0.6362237151721164,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
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+  "ref_full": "iwm +0.75, qqq +0.38, vnq -0.05, ief +0.05, vweax +0.10, ivv -0.09"
+ },
+ "gwlix": {
+  "sym": "gwlix",
+  "name": "abrdn Emerging Markets Ex-China Fund",
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+  "alpha_pos_frac": 0.47533632286995514,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +2.66, efa -2.15, qqq +0.22, vwo +0.23, vnq -0.11, djp -0.06",
+  "ref_full": "efa +0.37, qqq +0.12, vwo +0.17, ivv +0.25, gld +0.04, vnq -0.03"
+ },
+ "gyld": {
+  "sym": "gyld",
+  "name": "Arrow Dow Jones Global Yield ETF",
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+  "alpha_name": false,
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+  "ref_full": "vea +0.30, vweax +0.78, gsg +0.14, vnq +0.10, qqq -0.15, iwm +0.11"
+ },
+ "hacsx": {
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+  "name": "Harbor Ares Systematic Convertible Securities Fund",
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.32, qqq +0.36, ivv -0.35, vea +0.74, efa -0.65",
+  "ref_full": "iwm +0.26, qqq +0.29, vweax +0.30, ivv -0.20, gld +0.04, vnq -0.03"
+ },
+ "hadax": {
+  "sym": "hadax",
+  "name": "HARTFORD BALANCED HLS FUND",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.022894005733698607,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.72, agg +0.31, qqq -0.15, iwm +0.06",
+  "ref_full": "ivv +0.57, agg +0.22, vnq +0.04, efa +0.06, iwm +0.04, qqq -0.03"
+ },
+ "hcegx": {
+  "sym": "hcegx",
+  "name": "The U.S. Equity Portfolio",
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+  "fund_max_dd": -0.6944565708065166,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.81, qqq +0.19",
+  "ref_full": "ivv +0.61, qqq +0.30, iwm +0.04, agg +0.13, tlt -0.03"
+ },
+ "hcemx": {
+  "sym": "hcemx",
+  "name": "The Emerging Markets Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.021173703164551937,
+  "alpha_t_5y": -0.6147562853010333,
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+  "first": "2009-12-11",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.86, fxe -0.11, qqq +0.06, vnq -0.05",
+  "ref_full": "vwo +0.74, vweax +0.37, ief -0.09, qqq +0.04, vnq -0.03"
+ },
+ "hcesx": {
+  "sym": "hcesx",
+  "name": "The ESG Growth Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06462964119124712,
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+  "fund_max_dd": -0.37207425343018496,
+  "first": "2015-07-14",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.69, efa +0.28",
+  "ref_full": "ivv +0.65, efa +0.31, fxe +0.08"
+ },
+ "hchyx": {
+  "sym": "hchyx",
+  "name": "The Corporate Opportunities Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.050701299204967305,
+  "alpha_t_5y": -2.2000285741689383,
+  "alpha_t_full": -4.414666033842968,
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+  "alpha_pos_frac": 0.5435897435897435,
+  "fund_max_dd": -0.47764234829408936,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.29, vmbix +0.33, fxe +0.12, vnq +0.06, iwm -0.04",
+  "ref_full": "vweax +0.51, ivv +0.17, agg +0.28, vnq -0.03, vwo -0.03, tlt -0.03"
+ },
+ "hciex": {
+  "sym": "hciex",
+  "name": "The International Equity Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.017639987711118642,
+  "alpha_t_5y": -0.8520967792796119,
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+  "r2_full": 0.8672841569766968,
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+  "corr_benchmark": 0.5137967031110203,
+  "alpha_pos_frac": 0.631578947368421,
+  "fund_max_dd": -0.6587537091988165,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.84, ivv +0.08, fxy +0.06, djp +0.02",
+  "ref_full": "efa +0.78, vweax +0.29, fxe +0.08, vwo +0.04, djp +0.03"
+ },
+ "hcigx": {
+  "sym": "hcigx",
+  "name": "The Institutional U.S. Equity Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.14995826055370615,
+  "alpha_t_5y": -2.4046122516378285,
+  "alpha_t_full": -3.49057713760663,
+  "r2_5y": 0.5543417293297167,
+  "r2_full": 0.7321464422107704,
+  "corr_portfolio": 0.2102011574035606,
+  "corr_benchmark": 0.5127216091429377,
+  "alpha_pos_frac": 0.6523809523809524,
+  "fund_max_dd": -0.4533492822966497,
+  "first": "2008-08-12",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.91, vnq +0.11",
+  "ref_full": "ivv +0.77, qqq +0.19"
+ },
+ "hciix": {
+  "sym": "hciix",
+  "name": "The Core Fixed Income Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.6470288073950922,
+  "alpha_t_5y": 0.9037306948287961,
+  "alpha_t_full": 0.8640112211401784,
+  "r2_5y": -4.440892098500626e-16,
+  "r2_full": 0.0037288329601310455,
+  "corr_portfolio": -0.022000547838340403,
+  "corr_benchmark": 0.016712506987123607,
+  "alpha_pos_frac": 0.0353356890459364,
+  "fund_max_dd": -0.25139146567718085,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "tlt +0.37"
+ },
+ "hcimx": {
+  "sym": "hcimx",
+  "name": "The Intermediate Term Municipal Bond Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03675814021779828,
+  "alpha_t_5y": -3.3329998729431294,
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+  "r2_full": 0.15334406759065955,
+  "corr_portfolio": 0.012626396237010437,
+  "corr_benchmark": 0.28019123277507396,
+  "alpha_pos_frac": 0.5464684014869888,
+  "fund_max_dd": -0.1612593796511962,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.13, vweax +0.17, ivv -0.02",
+  "ref_full": "agg +0.08, fxy +0.02, vweax +0.08, ief +0.06, gsg -0.01"
+ },
+ "hcinx": {
+  "sym": "hcinx",
+  "name": "The Institutional International Equity Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.052496591558833,
+  "alpha_t_5y": -1.7437805154297998,
+  "alpha_t_full": -3.344728961281488,
+  "r2_5y": 0.8168014758284983,
+  "r2_full": 0.8570280049027739,
+  "corr_portfolio": 0.3610331275666343,
+  "corr_benchmark": 0.5069457003540554,
+  "alpha_pos_frac": 0.6358974358974359,
+  "fund_max_dd": -0.47421874999999736,
+  "first": "2009-11-24",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.87, vweax +0.20, fxe +0.10",
+  "ref_full": "efa +0.62, vweax +0.29, fxy +0.07, vea +0.23"
+ },
+ "hcmex": {
+  "sym": "hcmex",
+  "name": "HCM Multi-Asset Plus Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03135556488301506,
+  "alpha_t_5y": -1.1603638106601641,
+  "alpha_t_full": -1.1768243926594626,
+  "r2_5y": 0.8301127612765263,
+  "r2_full": 0.8164579234583501,
+  "corr_portfolio": 0.08040606212156497,
+  "corr_benchmark": 0.5991442314059685,
+  "alpha_pos_frac": 0.4642857142857143,
+  "fund_max_dd": -0.27715632316931627,
+  "first": "2016-11-10",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.58, vnq -0.12, iwm +0.12, tlt +0.05, gld +0.03",
+  "ref_full": "qqq +0.51, iwm +0.14, vnq -0.10, ief +0.36, agg -0.46, vblix +0.10"
+ },
+ "hcmgx": {
+  "sym": "hcmgx",
+  "name": "HCM Tactical Plus Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.026630037195277678,
+  "alpha_t_5y": -0.6656958765753133,
+  "alpha_t_full": -1.3384151195485299,
+  "r2_5y": 0.8487403084951938,
+  "r2_full": 0.8553720252664555,
+  "corr_portfolio": 0.1496846800246356,
+  "corr_benchmark": 0.5542356487813331,
+  "alpha_pos_frac": 0.5683453237410072,
+  "fund_max_dd": -0.40416447830303326,
+  "first": "2014-08-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.95, vnq -0.15, iwm +0.14",
+  "ref_full": "qqq +0.80, iwm +0.16, vnq -0.15, ivv +0.16, vwo +0.05, vweax -0.12"
+ },
+ "hcmnx": {
+  "sym": "hcmnx",
+  "name": "HCM Sector Plus Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009745837423223002,
+  "alpha_t_5y": -0.2947262345708092,
+  "alpha_t_full": 0.23169090194135764,
+  "r2_5y": 0.8157743555622476,
+  "r2_full": 0.804216357904357,
+  "corr_portfolio": 0.2544213265042605,
+  "corr_benchmark": 0.5508864218334764,
+  "alpha_pos_frac": 0.45038167938931295,
+  "fund_max_dd": -0.28892207013806537,
+  "first": "2015-03-19",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.87, iwm +0.15, vnq -0.07",
+  "ref_full": "ivv +0.83, iwm +0.16, vnq -0.10, djp +0.04, vwo +0.04"
+ },
+ "hcrb": {
+  "sym": "hcrb",
+  "name": "Hartford Core Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0006279126797593092,
+  "alpha_t_5y": -0.1284240262194923,
+  "alpha_t_full": 0.23928537099333053,
+  "r2_5y": 0.961885850010277,
+  "r2_full": 0.9250875190257193,
+  "corr_portfolio": -0.11410706527521192,
+  "corr_benchmark": 0.7588506548052818,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.19899941362914797,
+  "first": "2020-02-21",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.61, ief +0.13, vweax +0.04, vmbix +0.12, vblix +0.04",
+  "ref_full": "ief +0.25, agg +0.22, vweax +0.03, vmbix +0.25, vblix +0.19, tlt -0.08"
+ },
+ "hcsbx": {
+  "sym": "hcsbx",
+  "name": "The Short-Term Municipal Bond Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03646832967422717,
+  "alpha_t_5y": -5.138257303051203,
+  "alpha_t_full": -4.907611001473238,
+  "r2_5y": 0.06287252237264473,
+  "r2_full": 0.06019469658530596,
+  "corr_portfolio": 0.013273237070412428,
+  "corr_benchmark": 0.19259155945261192,
+  "alpha_pos_frac": 0.46443514644351463,
+  "fund_max_dd": -0.09274851259013872,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.07",
+  "ref_full": "agg +0.04, vweax +0.02, fxy +0.01, vnq +0.00"
+ },
+ "hcsrx": {
+  "sym": "hcsrx",
+  "name": "The Catholic SRI Growth Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.08410058245916659,
+  "alpha_t_5y": -1.4778637027757762,
+  "alpha_t_full": -2.2737181456797124,
+  "r2_5y": 0.6092519467659712,
+  "r2_full": 0.739255980803901,
+  "corr_portfolio": 0.2641260775424393,
+  "corr_benchmark": 0.546843308600453,
+  "alpha_pos_frac": 0.743801652892562,
+  "fund_max_dd": -0.5126581998077213,
+  "first": "2016-02-12",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.78, efa +0.28",
+  "ref_full": "ivv +0.72, vea +0.29, fxe +0.10"
+ },
+ "hdvax": {
+  "sym": "hdvax",
+  "name": "Hartford International Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0007153339940781914,
+  "alpha_t_5y": 0.0583675326172202,
+  "alpha_t_full": -1.4740614152740066,
+  "r2_5y": 0.9623406113826362,
+  "r2_full": 0.9640797233295759,
+  "corr_portfolio": 0.3788054405350635,
+  "corr_benchmark": 0.5446526004044718,
+  "alpha_pos_frac": 0.5377358490566038,
+  "fund_max_dd": -0.5491735952213346,
+  "first": "2008-07-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.69, vwo +0.22, vweax +0.10, vnq -0.02",
+  "ref_full": "vea +0.41, vwo +0.16, vweax +0.24, efa +0.27, agg -0.09, gld +0.02"
+ },
+ "heomx": {
+  "sym": "heomx",
+  "name": "Hartford Climate Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.046753597929446014,
+  "alpha_t_5y": -2.0628690454058107,
+  "alpha_t_full": -0.5494422401900814,
+  "r2_5y": 0.9041419819991257,
+  "r2_full": 0.9100983215480123,
+  "corr_portfolio": 0.28755074344440584,
+  "corr_benchmark": 0.6322642039903114,
+  "alpha_pos_frac": 0.5083333333333333,
+  "fund_max_dd": -0.3473863136896418,
+  "first": "2016-03-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.84, ivv +0.35, iwm +0.16, efa -0.36, vblix +0.06",
+  "ref_full": "vea +0.76, ivv +0.31, iwm +0.16, vblix +0.07, efa -0.31, vweax +0.12"
+ },
+ "herix": {
+  "sym": "herix",
+  "name": "Hartford Emerging Markets Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.014952613270491447,
+  "alpha_t_5y": 0.6010901570373655,
+  "alpha_t_full": -0.41481046927430665,
+  "r2_5y": 0.8886977699943409,
+  "r2_full": 0.8680027472511109,
+  "corr_portfolio": 0.31545554833879136,
+  "corr_benchmark": 0.441251236010804,
+  "alpha_pos_frac": 0.5028248587570622,
+  "fund_max_dd": -0.3954537064972816,
+  "first": "2011-06-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.80, vnq -0.09, vea +1.54, efa -1.36, fxe -0.11, fxy -0.07",
+  "ref_full": "vwo +0.69, vweax +0.32, qqq +0.06, vnq -0.07, vea +1.12, efa -1.03"
+ },
+ "hfcgx": {
+  "sym": "hfcgx",
+  "name": "Hennessy Cornerstone Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.023459700954382108,
+  "alpha_t_5y": 0.4251583606715445,
+  "alpha_t_full": -0.24261881245191466,
+  "r2_5y": 0.7225658490751511,
+  "r2_full": 0.8265231852725747,
+  "corr_portfolio": 0.3629103084587785,
+  "corr_benchmark": 0.47284085522308117,
+  "alpha_pos_frac": 0.49327354260089684,
+  "fund_max_dd": -0.6234891934877902,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.83, gsg +0.19, agg -0.31, vea +0.11",
+  "ref_full": "iwm +0.84, djp +0.11, vnq -0.12, ivv +0.29, qqq -0.10, efa +0.05"
+ },
+ "hfqax": {
+  "sym": "hfqax",
+  "name": "Janus Henderson Global Equity Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.026548635262769214,
+  "alpha_t_5y": 1.268373040322541,
+  "alpha_t_full": 0.40557642151308404,
+  "r2_5y": 0.853151477505386,
+  "r2_full": 0.8831584037316098,
+  "corr_portfolio": 0.4451446410112785,
+  "corr_benchmark": 0.4998394481470464,
+  "alpha_pos_frac": 0.4935064935064935,
+  "fund_max_dd": -0.48922436602895014,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.63, djp +0.04, qqq -0.27, ivv +0.38, vwo +0.06",
+  "ref_full": "efa +0.59, vweax +0.27, ivv +0.23, qqq -0.11, djp +0.02, vnq -0.02"
+ },
+ "hgxax": {
+  "sym": "hgxax",
+  "name": "Hartford Global Impact Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04724857063037367,
+  "alpha_t_5y": -2.073361275217876,
+  "alpha_t_full": -0.20622395401780874,
+  "r2_5y": 0.8941230356772067,
+  "r2_full": 0.8915025203997721,
+  "corr_portfolio": 0.23377034234522157,
+  "corr_benchmark": 0.6554392977447591,
+  "alpha_pos_frac": 0.49074074074074076,
+  "fund_max_dd": -0.3607342214301986,
+  "first": "2017-03-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.30, vea +0.32, iwm +0.24, vnq +0.08, vblix +0.07, gsg -0.03",
+  "ref_full": "ivv +0.26, vea +0.25, iwm +0.23, vblix +0.11, vwo +0.09, vnq +0.07"
+ },
+ "hhccx": {
+  "sym": "hhccx",
+  "name": "NexPoint Event Driven Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0684376977892044,
+  "alpha_t_5y": -1.6035103786437488,
+  "alpha_t_full": -0.6064935873741599,
+  "r2_5y": 0.21114208914828403,
+  "r2_full": 0.270463355301492,
+  "corr_portfolio": 0.16753661541792386,
+  "corr_benchmark": 0.32446519803240725,
+  "alpha_pos_frac": 0.5046728971962616,
+  "fund_max_dd": -0.3469944337912898,
+  "first": "2008-05-06",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.22, vwo +0.08, vnq -0.06",
+  "ref_full": "iwm +0.24, qqq +0.02, vnq -0.08, fxe -0.12, vweax +0.17, ivv +0.16"
+ },
+ "hiabx": {
+  "sym": "hiabx",
+  "name": "HARTFORD TOTAL RETURN BOND HLS FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00949520633347168,
+  "alpha_t_5y": -0.9368862069681815,
+  "alpha_t_full": -1.8251198963765853,
+  "r2_5y": 0.8404000880086069,
+  "r2_full": 0.6844709674584933,
+  "corr_portfolio": -0.04836787545419665,
+  "corr_benchmark": 0.6833684739743359,
+  "alpha_pos_frac": 0.7167630057803468,
+  "fund_max_dd": -Infinity,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.18, vweax +0.13, ief +0.23, vmbix +0.27, vblix +0.07",
+  "ref_full": "ief +0.34, vweax +0.22, agg +0.16, vnq +0.01, tlt +0.04, fxy +0.03"
+ },
+ "hiacx": {
+  "sym": "hiacx",
+  "name": "HARTFORD CAPITAL APPRECIATION HLS FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04331226782280835,
+  "alpha_t_5y": -2.644629284967322,
+  "alpha_t_full": -2.620903300241392,
+  "r2_5y": 0.9467302319492448,
+  "r2_full": 0.9164609660975704,
+  "corr_portfolio": 0.26793326527025774,
+  "corr_benchmark": 0.5915528174487058,
+  "alpha_pos_frac": 0.6374501992031872,
+  "fund_max_dd": -66390.20134983156,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.84, iwm +0.11, vwo +0.03",
+  "ref_full": "ivv +0.65, efa +0.11, iwm +0.13, vwo +0.07, vweax +0.10, qqq +0.05"
+ },
+ "hiadx": {
+  "sym": "hiadx",
+  "name": "HARTFORD DIVIDEND AND GROWTH HLS FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01442033623327178,
+  "alpha_t_5y": -0.4787646740958107,
+  "alpha_t_full": 0.2529171789492576,
+  "r2_5y": 0.7887556285749338,
+  "r2_full": 0.9311770726247479,
+  "corr_portfolio": 0.361267248093254,
+  "corr_benchmark": 0.542556491025278,
+  "alpha_pos_frac": 0.4897959183673469,
+  "fund_max_dd": -0.5582510344289178,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.34, qqq -0.54, efa +0.09, iwm +0.06",
+  "ref_full": "ivv +1.11, qqq -0.31, efa +0.11, iwm +0.04, tlt -0.05, agg +0.09"
+ },
+ "hiagx": {
+  "sym": "hiagx",
+  "name": "HARTFORD DISCIPLINED EQUITY HLS FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04030870095755859,
+  "alpha_t_5y": -1.761494886645007,
+  "alpha_t_full": -1.2271947000870953,
+  "r2_5y": 0.8974025087646824,
+  "r2_full": 0.9444306736961788,
+  "corr_portfolio": 0.2810048902978362,
+  "corr_benchmark": 0.5991189106611468,
+  "alpha_pos_frac": 0.48220064724919093,
+  "fund_max_dd": -0.5618069904071546,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.96",
+  "ref_full": "ivv +0.96"
+ },
+ "hiahx": {
+  "sym": "hiahx",
+  "name": "HARTFORD HEALTHCARE HLS FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03532897588279994,
+  "alpha_t_5y": -0.7706777394101725,
+  "alpha_t_full": -0.07227182478656484,
+  "r2_5y": 0.553527817705181,
+  "r2_full": 0.6724429112488355,
+  "corr_portfolio": 0.20701274267115943,
+  "corr_benchmark": 0.5087535761811314,
+  "alpha_pos_frac": 0.451063829787234,
+  "fund_max_dd": -0.5368388652448328,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.92, vnq +0.11, qqq -0.36, gsg -0.07, iwm +0.12, ief +0.16",
+  "ref_full": "ivv +0.54, iwm +0.22, agg +0.18, vnq -0.06, gsg -0.04, efa +0.08"
+ },
+ "hiaox": {
+  "sym": "hiaox",
+  "name": "HARTFORD INTERNATIONAL OPPORTUNITIES HLS FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04452174671383732,
+  "alpha_t_5y": -1.6595505949261442,
+  "alpha_t_full": -1.3144713122887948,
+  "r2_5y": 0.8620648968486697,
+  "r2_full": 0.9008393494329985,
+  "corr_portfolio": 0.34761292853830694,
+  "corr_benchmark": 0.536755245969382,
+  "alpha_pos_frac": 0.5964125560538116,
+  "fund_max_dd": -3.53784364501715,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.40, vwo +0.21, qqq +0.06, efa +0.33, vnq -0.04",
+  "ref_full": "efa +0.65, vwo +0.13, vweax +0.19, qqq +0.09, djp +0.04, fxe +0.07"
+ },
+ "hiasx": {
+  "sym": "hiasx",
+  "name": "HARTFORD SMALL COMPANY HLS FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06189263186182585,
+  "alpha_t_5y": -2.1908871330860604,
+  "alpha_t_full": -2.234374014950875,
+  "r2_5y": 0.9176000566034023,
+  "r2_full": 0.8946448363953585,
+  "corr_portfolio": 0.18077542240863795,
+  "corr_benchmark": 0.5430503506773026,
+  "alpha_pos_frac": 0.9579288025889967,
+  "fund_max_dd": -18.642083547081885,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.86, qqq +0.35, ivv -0.24",
+  "ref_full": "iwm +0.81, qqq +0.34, vnq -0.05, ivv -0.14, vweax +0.11, djp +0.03"
+ },
+ "hicox": {
+  "sym": "hicox",
+  "name": "COLORADO BONDSHARES A TAX EXEMPT FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.014126088306647086,
+  "alpha_t_5y": 1.2183968082783116,
+  "alpha_t_full": 4.369026501915517,
+  "r2_5y": 0.2558527263164956,
+  "r2_full": 0.17865497448394907,
+  "corr_portfolio": 0.040750828443813995,
+  "corr_benchmark": 0.3117497712605609,
+  "alpha_pos_frac": 0.5435897435897435,
+  "fund_max_dd": -0.08393504078511771,
+  "first": "2007-06-04",
+  "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.16, vweax +0.19, ivv -0.04, vnq +0.02",
+  "ref_full": "agg +0.10, vweax +0.13, fxy +0.02, gsg -0.01, vnq +0.01, efa -0.01"
+ },
+ "hilax": {
+  "sym": "hilax",
+  "name": "The Hartford International Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.06631216310137795,
+  "alpha_t_5y": 3.1633081904089435,
+  "alpha_t_full": 2.2420238527363496,
+  "r2_5y": 0.8916066723496996,
+  "r2_full": 0.9127074528666399,
+  "corr_portfolio": 0.4651450179980374,
+  "corr_benchmark": 0.46419993546308175,
+  "alpha_pos_frac": 0.48148148148148145,
+  "fund_max_dd": -0.485816504652382,
+  "first": "2010-06-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.53, qqq -0.25, gsg +0.04, vwo +0.09, ivv +0.21, vea +0.32",
+  "ref_full": "vea +0.54, qqq -0.12, gsg +0.05, iwm +0.06, vweax +0.15, efa +0.36"
+ },
+ "himcx": {
+  "sym": "himcx",
+  "name": "HARTFORD MIDCAP HLS FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.1234512094583503,
+  "alpha_t_5y": -3.744110484877054,
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+  "r2_5y": 0.8732134538387855,
+  "r2_full": 0.905879849805054,
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+  "corr_benchmark": 0.5891157322902535,
+  "alpha_pos_frac": 0.49838187702265374,
+  "fund_max_dd": -0.5959824401344394,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.52, ivv +0.35, qqq +0.18",
+  "ref_full": "iwm +0.47, ivv +0.41, qqq +0.13, vweax +0.16, vnq -0.04, gld +0.02"
+ },
+ "hiscx": {
+  "sym": "hiscx",
+  "name": "HARTFORD SMALL CAP GROWTH HLS FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05980279939928969,
+  "alpha_t_5y": -2.2948453349498568,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.90, qqq +0.37, ivv -0.24, djp -0.04",
+  "ref_full": "iwm +0.90, qqq +0.26, vnq -0.06, agg +0.10, ivv -0.09"
+ },
+ "hisix": {
+  "sym": "hisix",
+  "name": "International Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012190402710601404,
+  "alpha_t_5y": -0.6753552060565418,
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+  "fund_max_dd": -0.5645778384651758,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.78, vwo +0.09, qqq +0.06, fxe +0.08, vweax +0.11, fxy +0.05",
+  "ref_full": "efa +0.76, qqq +0.09, vweax +0.19, fxe +0.10, vnq -0.03, vwo +0.03"
+ },
+ "hmezx": {
+  "sym": "hmezx",
+  "name": "NexPoint Merger Arbitrage Fund",
+  "bucket": "all",
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+  "alpha_t_5y": 1.9617786064906573,
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+  "alpha_pos_frac": 0.45864661654135336,
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+  "first": "2015-01-21",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.03, iwm +0.01",
+  "ref_full": "ivv +0.03, vweax +0.11, fxy -0.03"
+ },
+ "hncax": {
+  "sym": "hncax",
+  "name": "THE HARTFORD INTERNATIONAL GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_t_5y": -2.676311963994315,
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+  "fund_max_dd": -0.6839336944681875,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.89, qqq +0.39, vwo +0.20, ivv -0.34, fxy -0.10, gsg -0.03",
+  "ref_full": "efa +0.62, qqq +0.30, vwo +0.12, vweax +0.29, ivv -0.16, fxe +0.09"
+ },
+ "hnddx": {
+  "sym": "hnddx",
+  "name": "Horizon Equity Premium Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01262848840014392,
+  "alpha_t_5y": -0.8046191902018778,
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+  "alpha_pos_frac": 0.5363636363636364,
+  "fund_max_dd": -0.3628016022427095,
+  "first": "2016-12-29",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.34, qqq -0.47, gsg +0.03, vnq -0.06, vea +0.27, efa -0.20",
+  "ref_full": "ivv +1.22, qqq -0.43, vea +0.30, vnq -0.04, gsg +0.02, efa -0.17"
+ },
+ "hnmdx": {
+  "sym": "hnmdx",
+  "name": "HEARTLAND MID CAP VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0030506967946549533,
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+  "first": "2014-11-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.32, vnq +0.12, ivv +1.05, qqq -0.63, vea +0.05",
+  "ref_full": "iwm +0.39, vnq +0.04, ivv +1.15, qqq -0.67, vwo +0.08, gld -0.04"
+ },
+ "hrsax": {
+  "sym": "hrsax",
+  "name": "Rational Premium Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0035020291211789708,
+  "alpha_t_5y": 0.33024430605591565,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
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+  "ref_full": "vwo +0.29, vnq +0.15, gsg +0.14, tlt -0.08, fxe +0.20, fxy -0.16"
+ },
+ "hspgx": {
+  "sym": "hspgx",
+  "name": "Emerald Growth Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.03094202484545571,
+  "alpha_t_5y": -0.5499604661447384,
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+  "first": "2020-01-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.01, qqq +0.41, vnq -0.16, ivv -0.29",
+  "ref_full": "iwm +0.96, qqq +0.47, ivv -0.34, vnq -0.10"
+ },
+ "hstax": {
+  "sym": "hstax",
+  "name": "HARTFORD STOCK HLS FUND",
+  "bucket": "all",
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+  "fund_max_dd": 0.0,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.47, qqq -0.59, gsg -0.05, ief +0.10, iwm -0.07, vnq +0.06",
+  "ref_full": "ivv +0.99, qqq -0.22, vnq +0.11, efa +0.12, iwm -0.05, ief -0.07"
+ },
+ "hstrx": {
+  "sym": "hstrx",
+  "name": "Hussman Strategic Total Return Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.011463848215087067,
+  "alpha_t_5y": 0.745545383588596,
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "gld +0.12, agg +0.04, vnq +0.08, djp +0.07, fxe +0.09, ief +0.28",
+  "ref_full": "gld +0.16, agg +0.09, ivv +0.07, ief +0.30, gsg +0.03, fxe +0.05"
+ },
+ "htrb": {
+  "sym": "htrb",
+  "name": "Hartford Total Return Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0009416181706491799,
+  "alpha_t_5y": 0.127060228354395,
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+  "alpha_pos_frac": 0.5346534653465347,
+  "fund_max_dd": -0.1948141373110771,
+  "first": "2017-09-29",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.64, vweax +0.12, tlt +0.04, ief +0.14",
+  "ref_full": "agg +0.24, vblix +0.09, vmbix +0.16, vweax +0.14, ief +0.23"
+ },
+ "hubax": {
+  "sym": "hubax",
+  "name": "HARTFORD ULTRASHORT BOND HLS FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00926725689880186,
+  "alpha_t_5y": -1.0745247291047746,
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+  "r2_5y": 0.050195051313732586,
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+  "first": "2013-10-23",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.15, tlt -0.03",
+  "ref_full": "agg +0.06"
+ },
+ "hulax": {
+  "sym": "hulax",
+  "name": "HAWAIIAN TAX-FREE TRUST",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.021856641940666933,
+  "alpha_t_5y": -2.32020658869502,
+  "alpha_t_full": -0.23554705633915687,
+  "r2_5y": 0.3692174908834588,
+  "r2_full": 0.25574211778549805,
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+  "fund_max_dd": -0.10656305515011266,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.16, vweax +0.21, ivv -0.04, vmbix +0.08, tlt -0.09",
+  "ref_full": "agg +0.07, vweax +0.18, ief +0.07, fxy +0.02, gsg -0.01, iwm -0.01"
+ },
+ "hyem": {
+  "sym": "hyem",
+  "name": "VanEck Emerging Markets High Yield Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009089390027069311,
+  "alpha_t_5y": -0.4052011080069025,
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+  "r2_5y": 0.4575343971076711,
+  "r2_full": 0.35440780317947207,
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+  "alpha_pos_frac": 0.5454545454545454,
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+  "first": "2012-05-15",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.07, agg +0.82, ivv +0.09, ief -0.40, vweax +0.15, vwo +0.04",
+  "ref_full": "vweax +0.49, vea +0.02, agg +0.30, vwo +0.07, ivv +0.17, qqq -0.08"
+ },
+ "hymax": {
+  "sym": "hymax",
+  "name": "Lord Abbett High Income Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010011477259493333,
+  "alpha_t_5y": -0.6287488806055003,
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+  "r2_5y": 0.4128143011269746,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.45, vblix +0.34, ivv -0.09, tlt -0.18, vnq +0.03",
+  "ref_full": "vweax +0.44, agg +0.14, iwm -0.03, vnq +0.02, fxy +0.03"
+ },
+ "hysax": {
+  "sym": "hysax",
+  "name": "PGIM Short Duration High Yield Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.010128743349328081,
+  "alpha_t_5y": 1.2013685195467487,
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+  "r2_full": 0.796347806278471,
+  "corr_portfolio": 0.27790451799258387,
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+  "alpha_pos_frac": 0.5375,
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+  "first": "2012-10-31",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.61, agg +0.06, iwm +0.01",
+  "ref_full": "vweax +0.57, vblix +0.28, tlt -0.19, agg -0.10, ief +0.07, djp +0.01"
+ },
+ "iarax": {
+  "sym": "iarax",
+  "name": "INVESCO Real Estate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0051738826479154724,
+  "alpha_t_5y": -0.429180938180311,
+  "alpha_t_full": -0.9923932207950539,
+  "r2_5y": 0.9757321672348133,
+  "r2_full": 0.9739446370381423,
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+  "corr_benchmark": 0.5633179605298366,
+  "alpha_pos_frac": 0.48638132295719844,
+  "fund_max_dd": -0.7057179159321819,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +1.02, iwm -0.05",
+  "ref_full": "vnq +0.95, agg -0.23, ief +0.15, efa +0.02, iwm -0.04, ivv +0.05"
+ },
+ "iautx": {
+  "sym": "iautx",
+  "name": "INVESCO Dividend Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0036176239307140127,
+  "alpha_t_5y": 0.21932441019961105,
+  "alpha_t_full": 0.7845038351974166,
+  "r2_5y": 0.9073735861863761,
+  "r2_full": 0.7859394910702493,
+  "corr_portfolio": 0.4154534378783923,
+  "corr_benchmark": 0.5126932898084825,
+  "alpha_pos_frac": 0.4484304932735426,
+  "fund_max_dd": -0.4780680077345061,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.41, qqq -0.74, vea +0.09, iwm +0.06, vnq +0.04",
+  "ref_full": "ivv +1.04, qqq -0.43, efa +0.15, agg +0.16, fxe -0.06"
+ },
+ "ibnax": {
+  "sym": "ibnax",
+  "name": "Nomura Balanced Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008069184310846177,
+  "alpha_t_5y": -0.13044433508495104,
+  "alpha_t_full": 0.12621894335172662,
+  "r2_5y": 0.34761346484225997,
+  "r2_full": 0.6780620850125744,
+  "corr_portfolio": 0.22571531474509635,
+  "corr_benchmark": 0.5223035925500813,
+  "alpha_pos_frac": 0.4868421052631579,
+  "fund_max_dd": -0.49891100231860497,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.58, agg +0.53, fxy -0.17",
+  "ref_full": "ivv +0.54, agg +0.20, iwm +0.09, vnq -0.03"
+ },
+ "ibnd": {
+  "sym": "ibnd",
+  "name": "State Street(R) SPDR(R) Bloomberg International Corporate Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0053154222031702525,
+  "alpha_t_5y": -0.3369373228340791,
+  "alpha_t_full": 0.005016716829214029,
+  "r2_5y": 0.8440219807329525,
+  "r2_full": 0.7714043822022414,
+  "corr_portfolio": 0.0702528402288313,
+  "corr_benchmark": 0.424359927913938,
+  "alpha_pos_frac": 0.4708994708994709,
+  "fund_max_dd": -0.35633755899516883,
+  "first": "2010-05-21",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "fxe +0.76, agg -0.03, vweax +0.23, vea +0.08, fxy +0.08, ief +0.37",
+  "ref_full": "fxe +0.81, agg +0.04, vweax +0.26, ief +0.29, vea +0.05, fxy +0.06"
+ },
+ "ibrax": {
+  "sym": "ibrax",
+  "name": "Voya Inflation Protected Bond Plus Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006854904740572311,
+  "alpha_t_5y": -0.5091150987412955,
+  "alpha_t_full": -0.8104113486386444,
+  "r2_5y": 0.7204457171188607,
+  "r2_full": 0.6385778635594126,
+  "corr_portfolio": -0.023100696847857292,
+  "corr_benchmark": 0.6331080153881508,
+  "alpha_pos_frac": 0.5486725663716814,
+  "fund_max_dd": -0.16563565156852744,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.48, gsg +0.06, vweax +0.12, ief +0.27",
+  "ref_full": "ief +0.45, gsg +0.04, vweax +0.13, tlt +0.07, iwm +0.01, agg +0.09"
+ },
+ "iceux": {
+  "sym": "iceux",
+  "name": "NYLI Epoch International Choice Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0019803418173840277,
+  "alpha_t_5y": 0.07963893724719506,
+  "alpha_t_full": -0.6886962860905876,
+  "r2_5y": 0.84965502442281,
+  "r2_full": 0.890837869451298,
+  "corr_portfolio": 0.35463505084276475,
+  "corr_benchmark": 0.5139949836149093,
+  "alpha_pos_frac": 0.4628099173553719,
+  "fund_max_dd": -0.5624888936870789,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.80, fxe +0.19, vweax +0.27, iwm -0.04",
+  "ref_full": "efa +0.77, vweax +0.35, fxe +0.16"
+ },
+ "icifx": {
+  "sym": "icifx",
+  "name": "Invesco Conservative Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0012006029621559513,
+  "alpha_t_5y": 0.2574178020221547,
+  "alpha_t_full": 0.9432732625116951,
+  "r2_5y": 0.30772151692491556,
+  "r2_full": 0.25128638643431234,
+  "corr_portfolio": 0.05080896185756704,
+  "corr_benchmark": 0.1558182830587422,
+  "alpha_pos_frac": 0.4222222222222222,
+  "fund_max_dd": -0.021868197944613033,
+  "first": "2014-12-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.06, ivv -0.01, ief +0.14, tlt -0.16, vblix +0.20, agg -0.15",
+  "ref_full": "vweax +0.05, vea -0.01, ief +0.08, tlt -0.09, vblix +0.09, vmbix -0.03"
+ },
+ "icmbx": {
+  "sym": "icmbx",
+  "name": "Intrepid Capital Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004091006305458041,
+  "alpha_t_5y": -0.20330576576214687,
+  "alpha_t_full": -0.6000156212637214,
+  "r2_5y": 0.8139216800580553,
+  "r2_full": 0.8516120665357292,
+  "corr_portfolio": 0.2865401900968498,
+  "corr_benchmark": 0.549420141133989,
+  "alpha_pos_frac": 0.5022421524663677,
+  "fund_max_dd": -0.3369921582761638,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.46, iwm +0.20, qqq -0.12, efa +0.31, vea -0.27, gld +0.03",
+  "ref_full": "ivv +0.36, iwm +0.22, vweax +0.16, qqq -0.07, gld +0.02"
+ },
+ "icmux": {
+  "sym": "icmux",
+  "name": "Intrepid Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03019752838208298,
+  "alpha_t_5y": 3.43705037506497,
+  "alpha_t_full": 4.800093240450238,
+  "r2_5y": 0.3551167704088203,
+  "r2_full": 0.3651973997980459,
+  "corr_portfolio": 0.23507511273099085,
+  "corr_benchmark": 0.35650693325630023,
+  "alpha_pos_frac": 0.40860215053763443,
+  "fund_max_dd": -0.08763372666476854,
+  "first": "2010-08-17",
+  "verdict": "alpha in 5y window, but not persistent (lucky stretch?)",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.21, iwm +0.02, vea +0.02",
+  "ref_full": "vweax +0.20, iwm +0.03, qqq -0.02, ivv +0.03, agg +0.02"
+ },
+ "icpax": {
+  "sym": "icpax",
+  "name": "Integrity Mid-North American Resources Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.023581810809648912,
+  "alpha_t_5y": 0.39576629948726666,
+  "alpha_t_full": 0.32723602107355165,
+  "r2_5y": 0.6949802054739085,
+  "r2_full": 0.7154560397755002,
+  "corr_portfolio": 0.33053609551411284,
+  "corr_benchmark": 0.33204549309286,
+  "alpha_pos_frac": 0.47533632286995514,
+  "fund_max_dd": -0.7738101359369344,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.51, gsg +0.53, ief -0.30, vea +0.11, qqq -0.54, ivv +0.79",
+  "ref_full": "iwm +0.64, gsg +0.41, vnq -0.16, ivv +0.68, qqq -0.40, vweax +0.19"
+ },
+ "idivx": {
+  "sym": "idivx",
+  "name": "Integrity Dividend Harvest Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.039239803144484754,
+  "alpha_t_5y": 1.716036641133559,
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+  "r2_5y": 0.8294190664482645,
+  "r2_full": 0.8607126049385581,
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+  "corr_benchmark": 0.5375508908030793,
+  "alpha_pos_frac": 0.4397590361445783,
+  "fund_max_dd": -0.3164086324206886,
+  "first": "2012-05-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.18, qqq -0.55, vnq +0.11, gsg +0.04, vea +0.09",
+  "ref_full": "ivv +1.21, qqq -0.47, vnq +0.09, iwm -0.04, fxy +0.04, gsg +0.02"
+ },
+ "idlv": {
+  "sym": "idlv",
+  "name": "Invesco S&P International Developed Low Volatility ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01424192996571178,
+  "alpha_t_5y": 0.7386895097338272,
+  "alpha_t_full": 0.33970395816545895,
+  "r2_5y": 0.8469897613683476,
+  "r2_full": 0.8269892188349053,
+  "corr_portfolio": 0.3661491475167419,
+  "corr_benchmark": 0.5382824447775549,
+  "alpha_pos_frac": 0.5739644970414202,
+  "fund_max_dd": -0.34650849298811437,
+  "first": "2012-01-18",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.60, fxy +0.17, vnq +0.11, qqq -0.14, iwm -0.05, ivv +0.15",
+  "ref_full": "efa +0.63, vnq +0.12, fxy +0.12, iwm -0.06, gsg +0.03, vwo +0.03"
+ },
+ "idmo": {
+  "sym": "idmo",
+  "name": "Invesco S&P International Developed Momentum ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.026314568317301834,
+  "alpha_t_5y": 0.9006534661161912,
+  "alpha_t_full": 0.30133465470453064,
+  "r2_5y": 0.8557112935347675,
+  "r2_full": 0.42993462735610977,
+  "corr_portfolio": 0.2948630207438445,
+  "corr_benchmark": 0.4089165642620729,
+  "alpha_pos_frac": 0.5238095238095238,
+  "fund_max_dd": -0.3937584268774492,
+  "first": "2012-02-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.81, vmbix -0.28, vnq -0.07, fxe -0.13, efa +0.31, vblix +0.09",
+  "ref_full": "vea +0.80, vweax +0.40, vwo -0.10, qqq +0.17, ivv -0.19"
+ },
+ "iegax": {
+  "sym": "iegax",
+  "name": "Invesco International Small Company Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.013904572082773755,
+  "alpha_t_5y": 0.546445197976487,
+  "alpha_t_full": -0.44174252344344056,
+  "r2_5y": 0.80033737507752,
+  "r2_full": 0.8213166253625823,
+  "corr_portfolio": 0.37024746676687265,
+  "corr_benchmark": 0.47542559531209183,
+  "alpha_pos_frac": 0.5695067264573991,
+  "fund_max_dd": -0.653603628671318,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.93, vwo +0.13, fxe +0.16, vweax +0.23, efa -0.36, qqq -0.04",
+  "ref_full": "efa +0.36, vweax +0.54, vwo +0.16, fxe +0.19, djp +0.05, iwm +0.04"
+ },
+ "iemfx": {
+  "sym": "iemfx",
+  "name": "T. Rowe Price Institutional Emerging Markets Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04588363612911071,
+  "alpha_t_5y": -1.6321560796559957,
+  "alpha_t_full": -1.4598663932711313,
+  "r2_5y": 0.8772066991633654,
+  "r2_full": 0.876073627983051,
+  "corr_portfolio": 0.26294995654246084,
+  "corr_benchmark": 0.4504010109168068,
+  "alpha_pos_frac": 0.5112107623318386,
+  "fund_max_dd": -0.7164548516409868,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.86, qqq +0.06, vnq -0.11, vea +1.59, efa -1.45, gld -0.06",
+  "ref_full": "vwo +0.70, vweax +0.45, qqq +0.08, vnq -0.05, iwm +0.05, ief -0.06"
+ },
+ "ienax": {
+  "sym": "ienax",
+  "name": "INVESCO Energy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.07120909257094621,
+  "alpha_t_5y": 1.1245398043229535,
+  "alpha_t_full": 0.5354114695790734,
+  "r2_5y": 0.6641351237244866,
+  "r2_full": 0.7025918550268277,
+  "corr_portfolio": 0.3559047108778721,
+  "corr_benchmark": 0.24714933788955998,
+  "alpha_pos_frac": 0.4349775784753363,
+  "fund_max_dd": -0.8329335607877874,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "gsg +0.65, iwm +0.30, qqq -1.08, ivv +1.53, vnq -0.24, vea +0.21",
+  "ref_full": "efa +0.28, gsg +0.60, iwm +0.35, qqq -0.64, ivv +1.03, vnq -0.15"
+ },
+ "ieyax": {
+  "sym": "ieyax",
+  "name": "Nomura Climate Solutions Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0412230224446183,
+  "alpha_t_5y": 0.7181070856420533,
+  "alpha_t_full": -0.3021169054272879,
+  "r2_5y": 0.6380496193475993,
+  "r2_full": 0.6992580585465622,
+  "corr_portfolio": 0.2802944508769317,
+  "corr_benchmark": 0.3499409027596151,
+  "alpha_pos_frac": 0.5426008968609866,
+  "fund_max_dd": -0.852290007827435,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.34, djp +0.18, vea +0.43, qqq -0.60, ivv +0.72, gsg +0.22",
+  "ref_full": "efa +0.32, gsg +0.45, iwm +0.48, qqq -0.47, ivv +0.74, vnq -0.15"
+ },
+ "igaax": {
+  "sym": "igaax",
+  "name": "International Growth and Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0033118430970387916,
+  "alpha_t_5y": 0.1861787811877621,
+  "alpha_t_full": 0.20155134073867212,
+  "r2_5y": 0.9169055072181908,
+  "r2_full": 0.9021039738053923,
+  "corr_portfolio": 0.39220557400606937,
+  "corr_benchmark": 0.5197497638788329,
+  "alpha_pos_frac": 0.5202312138728323,
+  "fund_max_dd": -0.3578556551474532,
+  "first": "2008-10-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.18, vwo +0.20, efa +0.47, djp +0.03, tlt -0.22, vblix +0.24",
+  "ref_full": "vea +0.47, vweax +0.31, vwo +0.08, vnq -0.05, efa +0.19, ivv +0.05"
+ },
+ "igiax": {
+  "sym": "igiax",
+  "name": "INTEGRITY GROWTH & INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005517053068889458,
+  "alpha_t_5y": 0.24349141900228294,
+  "alpha_t_full": -0.18052370554860891,
+  "r2_5y": 0.9106220113378164,
+  "r2_full": 0.9021721472855103,
+  "corr_portfolio": 0.27240010023681477,
+  "corr_benchmark": 0.6045208830041928,
+  "alpha_pos_frac": 0.484304932735426,
+  "fund_max_dd": -0.7913904441167134,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.75, vea +0.42, qqq +0.11, efa -0.33, iwm +0.05, djp -0.03",
+  "ref_full": "ivv +0.78, vnq -0.09, iwm +0.13, gld +0.04, qqq +0.07, fxe +0.06"
+ },
+ "iglgx": {
+  "sym": "iglgx",
+  "name": "Columbia Select Global Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03733163076960049,
+  "alpha_t_5y": -1.6947564747250488,
+  "alpha_t_full": -2.0629773286766695,
+  "r2_5y": 0.9241189119477482,
+  "r2_full": 0.9365201026164084,
+  "corr_portfolio": 0.21918864684824255,
+  "corr_benchmark": 0.6205183449409822,
+  "alpha_pos_frac": 0.5112107623318386,
+  "fund_max_dd": -0.6028579403245953,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.47, vea +0.34, ivv +0.27, iwm -0.07, djp -0.05, gld +0.03",
+  "ref_full": "ivv +0.31, efa +0.28, qqq +0.31, gld +0.04, vwo +0.05, vweax +0.12"
+ },
+ "igmax": {
+  "sym": "igmax",
+  "name": "Voya Global Insights Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06014888254572582,
+  "alpha_t_5y": -2.237874954095049,
+  "alpha_t_full": -2.0691658380956435,
+  "r2_5y": 0.9043585917990377,
+  "r2_full": 0.92851337839402,
+  "corr_portfolio": 0.2159252593533561,
+  "corr_benchmark": 0.5939871645730053,
+  "alpha_pos_frac": 0.484304932735426,
+  "fund_max_dd": -0.5754989572523852,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.49, vea +0.35, iwm +0.10, vwo +0.10, vweax +0.15",
+  "ref_full": "ivv +0.18, efa +0.41, qqq +0.33, vweax +0.18, iwm +0.08, fxe +0.09"
+ },
+ "igncx": {
+  "sym": "igncx",
+  "name": "Nomura Natural Resources Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003274006907339466,
+  "alpha_t_5y": -0.07194423896805098,
+  "alpha_t_full": -1.3759731081087074,
+  "r2_5y": 0.7549781149509245,
+  "r2_full": 0.7963747129226675,
+  "corr_portfolio": 0.3230523584707185,
+  "corr_benchmark": 0.39767656008759344,
+  "alpha_pos_frac": 0.4484304932735426,
+  "fund_max_dd": -0.7914364890127007,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.37, gsg +0.36, iwm +0.34, gld +0.18, qqq -0.49, ivv +0.65",
+  "ref_full": "efa +0.27, gsg +0.25, iwm +0.34, vwo +0.26, djp +0.18, gld +0.08"
+ },
+ "ihfax": {
+  "sym": "ihfax",
+  "name": "Integrity High Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0014465733915306153,
+  "alpha_t_5y": 0.17572392754519944,
+  "alpha_t_full": -2.031095505680271,
+  "r2_5y": 0.836909937338503,
+  "r2_full": 0.8022193918568739,
+  "corr_portfolio": 0.3147744277415055,
+  "corr_benchmark": 0.4154113144945422,
+  "alpha_pos_frac": 0.5529411764705883,
+  "fund_max_dd": -0.49781832418994976,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.91, iwm +0.01, gld -0.01",
+  "ref_full": "vweax +1.04, tlt -0.04, agg +0.11, djp +0.01, gld -0.01"
+ },
+ "ihiax": {
+  "sym": "ihiax",
+  "name": "Federated Hermes Emerging Market Debt Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.012611541909437201,
+  "alpha_t_5y": 0.734973391010496,
+  "alpha_t_full": 0.4243479980778521,
+  "r2_5y": 0.5355153754987937,
+  "r2_full": 0.4845661906164509,
+  "corr_portfolio": 0.2535183355567133,
+  "corr_benchmark": 0.4408365335133892,
+  "alpha_pos_frac": 0.5191489361702127,
+  "fund_max_dd": -0.3641350744616947,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.56, fxe +0.13, agg +0.20, vwo +0.10, qqq -0.05, gsg -0.02",
+  "ref_full": "vweax +0.57, vwo +0.10, agg +0.22, qqq -0.04, fxe +0.05, djp +0.02"
+ },
+ "ihoax": {
+  "sym": "ihoax",
+  "name": "THE HARTFORD INTERNATIONAL OPPORTUNITIES FUND",
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+  "first": "2007-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.55, vwo +0.21, qqq +0.05, vnq -0.04, gsg +0.02, efa +0.19",
+  "ref_full": "vea +0.50, vwo +0.12, qqq +0.06, vweax +0.19, efa +0.22, agg -0.10"
+ },
+ "iifax": {
+  "sym": "iifax",
+  "name": "Voya Balanced Income Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.39, vmbix +0.08, vea +0.07, ief +0.33, tlt -0.08, qqq -0.05",
+  "ref_full": "ivv +0.39, vweax +0.43, efa +0.08, agg +0.13, qqq -0.08, vnq -0.03"
+ },
+ "iigix": {
+  "sym": "iigix",
+  "name": "Voya Multi-Manager International Equity Fund",
+  "bucket": "all",
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+  "first": "2011-01-10",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": true,
+  "ref_5y": "vea +0.35, vwo +0.16, vweax +0.17, efa +0.37, qqq +0.05, fxe +0.08",
+  "ref_full": "vea +0.45, vweax +0.26, vwo +0.10, efa +0.29, qqq +0.05, fxe +0.07"
+ },
+ "imanx": {
+  "sym": "imanx",
+  "name": "Iman Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02932965907606685,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.67, iwm +0.22, vwo +0.08, gld +0.04",
+  "ref_full": "qqq +0.54, iwm +0.17, vwo +0.08, djp +0.04, ivv +0.17, gld +0.05"
+ },
+ "imntx": {
+  "sym": "imntx",
+  "name": "Columbia Minnesota Tax-Exempt Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.018312636180368994,
+  "alpha_t_5y": -1.1297423020511592,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.40, ief +0.08, ivv -0.08, vnq +0.03, vblix +0.25, tlt -0.15",
+  "ref_full": "vweax +0.30, ief +0.08, fxy +0.04, agg +0.11, gsg -0.01, efa -0.01"
+ },
+ "imrfx": {
+  "sym": "imrfx",
+  "name": "Columbia Global Opportunities Fund",
+  "bucket": "all",
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+  "alpha_t_5y": -3.0274843203329627,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.15, ivv +0.32, ief +0.27, vwo +0.10, fxe +0.13, iwm +0.04",
+  "ref_full": "ivv +0.31, efa +0.11, ief +0.20, vwo +0.08, iwm +0.08, fxe +0.11"
+ },
+ "inco": {
+  "sym": "inco",
+  "name": "Columbia India Consumer ETF",
+  "bucket": "all",
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+  "alpha_pos_frac": 0.5057471264367817,
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+  "first": "2011-08-11",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.34, efa +0.21, djp -0.13, ivv +0.13",
+  "ref_full": "vwo +0.59, vweax +0.44, djp -0.10, vnq +0.09"
+ },
+ "index": {
+  "sym": "index",
+  "name": "CYBER HORNET S&P 500(R)",
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+  "alpha_pos_frac": 0.5461538461538461,
+  "fund_max_dd": -0.38818218820133854,
+  "first": "2015-05-12",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.15, qqq -0.26, iwm +0.10, vea +0.25, efa -0.20, fxy -0.04",
+  "ref_full": "ivv +1.14, qqq -0.32, iwm +0.16, vea +0.21, efa -0.17, agg -0.04"
+ },
+ "indzx": {
+  "sym": "indzx",
+  "name": "Columbia Intrinsic Value Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.014388962143446765,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.31, qqq -0.62, iwm +0.13, vea +0.41, efa -0.27, fxe -0.08",
+  "ref_full": "ivv +1.08, qqq -0.35, iwm +0.13, efa +0.11, gsg +0.03, fxy -0.05"
+ },
+ "ineax": {
+  "sym": "ineax",
+  "name": "Columbia High Yield Bond Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.004507682447516866,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.91, iwm +0.01, ivv +0.01",
+  "ref_full": "vweax +0.98, tlt -0.02, agg +0.10, ief -0.06"
+ },
+ "inivx": {
+  "sym": "inivx",
+  "name": "International Investors Gold Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015998982010968756,
+  "alpha_t_5y": -0.21461749883551667,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "gld +1.27, vea +1.53, efa -0.93",
+  "ref_full": "gld +1.44, vwo +0.24, efa +0.11, djp +0.09, fxe +0.19, iwm +0.09"
+ },
+ "inpax": {
+  "sym": "inpax",
+  "name": "American Funds Conservative Growth and Income Portfolio",
+  "bucket": "all",
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+  "alpha_pos_frac": 0.47878787878787876,
+  "fund_max_dd": -0.21249066730516997,
+  "first": "2012-05-22",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.52, vmbix +0.07, qqq -0.21, vea +0.13, vweax +0.15, agg +0.21",
+  "ref_full": "ivv +0.48, vea +0.14, vblix +0.00, qqq -0.16, vweax +0.20, ief +0.18"
+ },
+ "intax": {
+  "sym": "intax",
+  "name": "Columbia Strategic Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01236908307905884,
+  "alpha_t_5y": -0.6879430255989153,
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+  "alpha_pos_frac": 0.5838150289017341,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.53, vblix +0.12, ivv -0.09, vnq +0.04",
+  "ref_full": "vweax +0.36, ief +0.08, agg +0.14, gsg -0.01, fxy +0.04, efa -0.01"
+ },
+ "inutx": {
+  "sym": "inutx",
+  "name": "Columbia Dividend Opportunity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02127108376387289,
+  "alpha_t_5y": 1.190849784378513,
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+  "fund_max_dd": -0.5557467978488415,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.27, qqq -0.66, iwm +0.10, vnq +0.09, gsg +0.04, vea +0.07",
+  "ref_full": "ivv +0.99, qqq -0.35, efa +0.12, vnq +0.04, gsg +0.03, iwm +0.06"
+ },
+ "ipiix": {
+  "sym": "ipiix",
+  "name": "Voya Intermediate Bond Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0015151973161164774,
+  "alpha_t_5y": 0.27708789372629694,
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+  "corr_benchmark": 0.6644319206609154,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.25, vweax +0.16, ivv -0.03, vblix +0.38, tlt -0.21, ief +0.29",
+  "ref_full": "ief +0.40, vweax +0.23, vnq +0.01, agg +0.06, tlt +0.04, fxy +0.02"
+ },
+ "ipkw": {
+  "sym": "ipkw",
+  "name": "Invesco International BuyBack Achievers ETF",
+  "bucket": "all",
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+  "fund_max_dd": -0.4723600937608402,
+  "first": "2014-02-28",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.30, gsg +0.10, efa +0.51, vwo +0.16, qqq -0.22, ivv +0.24",
+  "ref_full": "vea +0.80, gsg +0.05, iwm +0.10, qqq -0.09, vwo +0.08, vweax +0.13"
+ },
+ "ipoyx": {
+  "sym": "ipoyx",
+  "name": "Nomura Systematic Emerging Markets Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03533125753736031,
+  "alpha_t_5y": -0.647051634261921,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.89, fxy -0.22, vweax +0.25",
+  "ref_full": "vwo +0.67, vweax +0.57, fxe -0.14, qqq +0.11, vnq -0.05, agg -0.16"
+ },
+ "ircyx": {
+  "sym": "ircyx",
+  "name": "International Small Cap Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002022102330095414,
+  "alpha_t_5y": -0.09750076504748534,
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+  "alpha_pos_frac": 0.48360655737704916,
+  "fund_max_dd": -0.4442201225482555,
+  "first": "2015-12-22",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +1.10, vwo +0.14, vweax +0.32, efa -0.40, tlt -0.05, fxe +0.07",
+  "ref_full": "vea +1.12, vweax +0.34, vwo +0.11, efa -0.48, fxe +0.13, iwm +0.04"
+ },
+ "irfax": {
+  "sym": "irfax",
+  "name": "Cohen & Steers International Realty Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05267502083716049,
+  "alpha_t_5y": -1.476650154496797,
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+  "r2_full": 0.7256485112881351,
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+  "corr_benchmark": 0.5030159949213041,
+  "alpha_pos_frac": 0.5067264573991032,
+  "fund_max_dd": -0.7060637843157678,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.58, vnq +0.22, ivv -0.22, vweax +0.52, fxy +0.13, fxe +0.16",
+  "ref_full": "efa +0.60, vnq +0.14, vweax +0.52, vwo +0.14, ivv -0.17, fxy +0.08"
+ },
+ "irsyx": {
+  "sym": "irsyx",
+  "name": "Nomura Real Estate Securities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.020713708912442255,
+  "alpha_t_5y": 0.23179401840547115,
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+  "r2_5y": 0.42243860536403155,
+  "r2_full": 0.8478373472809977,
+  "corr_portfolio": 0.19747646568530075,
+  "corr_benchmark": 0.45154984563837336,
+  "alpha_pos_frac": 0.38596491228070173,
+  "fund_max_dd": -0.7179790247400801,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.99, fxy -0.21",
+  "ref_full": "vnq +0.95, fxy -0.06"
+ },
+ "iscax": {
+  "sym": "iscax",
+  "name": "Federated Hermes International Small-Mid Company Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.028446106851494863,
+  "alpha_t_5y": -1.2653138127628634,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.71, vweax +0.37, qqq +0.09, fxe +0.21, vwo +0.07, vmbix -0.12",
+  "ref_full": "efa +0.62, vweax +0.41, vwo +0.10, gld +0.05, qqq +0.11, fxe +0.15"
+ },
+ "isfax": {
+  "sym": "isfax",
+  "name": "Lord Abbett Multi-Asset Income Fund",
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": true,
+  "ref_5y": "ivv +0.16, vmbix +0.14, vea +0.12, iwm +0.07, vweax +0.17, agg +0.12",
+  "ref_full": "ivv +0.18, vweax +0.41, agg +0.17, efa +0.07, iwm +0.08, vnq -0.04"
+ },
+ "isgdx": {
+  "sym": "isgdx",
+  "name": "Columbia Integrated Small Cap Growth Fund",
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+  "first": "2017-06-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.92, qqq +0.34, ivv -0.26",
+  "ref_full": "iwm +0.93, qqq +0.36, ivv -0.30, tlt +0.03, vmbix -0.35, agg +0.26"
+ },
+ "isra": {
+  "sym": "isra",
+  "name": "VanEck Israel ETF",
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+  "verdict": "weak/unstable alpha",
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+ },
+ "itiox": {
+  "sym": "itiox",
+  "name": "Transamerica Inflation Opportunities",
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.20, djp +0.04, ief +0.36, vweax +0.12",
+  "ref_full": "agg +0.18, vblix +0.06, djp +0.04, ief +0.28, vweax +0.14, fxe +0.03"
+ },
+ "ityax": {
+  "sym": "ityax",
+  "name": "INVESCO Technology Fund",
+  "bucket": "all",
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.50, ivv -0.69, iwm +0.22, vnq -0.12, vea +1.17, efa -1.02",
+  "ref_full": "qqq +1.13, iwm +0.19, ivv -0.24, vnq -0.06, vwo +0.04, gld +0.03"
+ },
+ "ivcsx": {
+  "sym": "ivcsx",
+  "name": "Voya Small Company Portfolio",
+  "bucket": "all",
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+  "alpha_t_5y": -0.4058398056690214,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.85, vnq +0.01, ivv +0.39, qqq -0.21, vweax +0.13, djp -0.03",
+  "ref_full": "iwm +0.85, ivv +0.24, qqq -0.10, vweax +0.09, fxy +0.03, vwo -0.02"
+ },
+ "ivfax": {
+  "sym": "ivfax",
+  "name": "Federated Hermes International Strategic Value Dividend Fund",
+  "bucket": "all",
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+  "first": "2008-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.57, qqq -0.35, vnq +0.14, fxe +0.28, ivv +0.37, iwm -0.08",
+  "ref_full": "efa +0.63, qqq -0.21, ivv +0.24, fxe +0.16, vweax +0.20, vnq +0.03"
+ },
+ "ivinx": {
+  "sym": "ivinx",
+  "name": "Nomura Global Growth Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.03288016150514943,
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.86",
+  "ref_full": "efa +0.43, ivv +0.24, vweax +0.30, qqq +0.16, fxy -0.18, fxe +0.15"
+ },
+ "ivoax": {
+  "sym": "ivoax",
+  "name": "Nomura Mid Cap Income Opportunities Fund",
+  "bucket": "all",
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+  "first": "2014-10-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.29, vnq +0.14, ivv +1.05, qqq -0.47, gsg -0.04",
+  "ref_full": "iwm +0.33, ivv +0.90, qqq -0.40, vnq +0.10, gld -0.03, efa +0.05"
+ },
+ "ivsox": {
+  "sym": "ivsox",
+  "name": "Voya SmallCap Opportunities Portfolio",
+  "bucket": "all",
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.88, qqq +0.24, vnq -0.09",
+  "ref_full": "iwm +0.86, qqq +0.19, vnq -0.06, agg +0.09"
+ },
+ "ivsyx": {
+  "sym": "ivsyx",
+  "name": "Nomura Global Bond Fund",
+  "bucket": "all",
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+  "alpha_t_5y": -1.2906967531877072,
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+  "first": "2008-04-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg -0.07, vweax +0.21, ief +0.32, vmbix +0.13",
+  "ref_full": "vweax +0.27, ief +0.21, vwo +0.02, agg +0.05, tlt -0.02"
+ },
+ "ivvyx": {
+  "sym": "ivvyx",
+  "name": "Nomura International Core Equity Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.01890635079747459,
+  "alpha_t_5y": -0.7006358345459324,
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+  "corr_benchmark": 0.5071623136664086,
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+  "fund_max_dd": -0.5626611235688165,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.82, vwo +0.21, fxy -0.09, gld -0.04, vnq -0.05, vweax +0.14",
+  "ref_full": "efa +0.72, vweax +0.39, vwo +0.12, vnq -0.03, agg -0.14, fxe +0.07"
+ },
+ "iysyx": {
+  "sym": "iysyx",
+  "name": "Nomura Smid Cap Core Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00691428532588175,
+  "alpha_t_5y": 0.10064064783349301,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.76, fxy -0.22, vnq +0.16",
+  "ref_full": "iwm +0.72, ivv +0.29, qqq -0.09"
+ },
+ "jaagx": {
+  "sym": "jaagx",
+  "name": "Janus Henderson Enterprise Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.030210785008296652,
+  "alpha_t_5y": -1.2793162453890483,
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+  "alpha_pos_frac": 0.5214007782101168,
+  "fund_max_dd": -0.8189104135550651,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.50, iwm +0.30, vnq +0.07, efa +0.09",
+  "ref_full": "ivv +0.42, iwm +0.33, vwo +0.05, qqq +0.08, efa +0.06, vweax +0.11"
+ },
+ "jablx": {
+  "sym": "jablx",
+  "name": "Janus Henderson Balanced Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00639284162055873,
+  "alpha_t_5y": -0.7189776060753514,
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+  "r2_full": 0.9406470733940385,
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+  "alpha_pos_frac": 0.5549132947976878,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.62, ief +0.20, vnq -0.04, gsg -0.01, vblix +0.05, qqq +0.03",
+  "ref_full": "ivv +0.46, ief +0.22, vnq -0.04, qqq +0.09, vweax +0.14, efa +0.03"
+ },
+ "jacax": {
+  "sym": "jacax",
+  "name": "Janus Henderson Forty Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04187589941211083,
+  "alpha_t_5y": -1.7138328405407903,
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+  "r2_5y": 0.9306193966975626,
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+  "alpha_pos_frac": 0.5378486055776892,
+  "fund_max_dd": -0.5888017566420847,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.66, ivv +0.37, vwo +0.04",
+  "ref_full": "qqq +0.59, ivv +0.41, fxe +0.08, vnq -0.04, vwo +0.04, vweax +0.11"
+ },
+ "jacdx": {
+  "sym": "jacdx",
+  "name": "John Hancock Global Environmental Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0549492594195795,
+  "alpha_t_5y": -1.5126205691649421,
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+  "r2_5y": 0.8257214123119481,
+  "r2_full": 0.8257214123119481,
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+  "alpha_pos_frac": 0.38181818181818183,
+  "fund_max_dd": -0.3393178266267288,
+  "first": "2021-07-22",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv -0.03, vea +0.42, qqq +0.37, iwm +0.13, vnq +0.11",
+  "ref_full": "ivv -0.03, vea +0.42, qqq +0.37, iwm +0.13, vnq +0.11"
+ },
+ "jaflx": {
+  "sym": "jaflx",
+  "name": "Janus Henderson Flexible Bond Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0013591364312807923,
+  "alpha_t_5y": 0.22787093470186365,
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+  "r2_5y": 0.9416619998069243,
+  "r2_full": 0.797825127570159,
+  "corr_portfolio": -0.08299147441317224,
+  "corr_benchmark": 0.7024868006604034,
+  "alpha_pos_frac": 0.4461538461538462,
+  "fund_max_dd": -0.18055733434157395,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.43, vmbix +0.21, ief +0.24, vweax +0.10, ivv -0.03, iwm +0.01",
+  "ref_full": "ief +0.41, vweax +0.17, agg +0.12, iwm +0.01, tlt +0.03, fxy +0.02"
+ },
+ "jagrx": {
+  "sym": "jagrx",
+  "name": "Janus Henderson Research Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0282728663342453,
+  "alpha_t_5y": -1.4666628533806882,
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+  "r2_5y": 0.9569096556680626,
+  "r2_full": 0.9547965327766408,
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+  "corr_benchmark": 0.6175789637676415,
+  "alpha_pos_frac": 0.5252918287937743,
+  "fund_max_dd": -0.6488771171390597,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.68, ivv +0.43, vnq -0.07",
+  "ref_full": "qqq +0.49, ivv +0.56, vnq -0.05, agg +0.07, vweax +0.08, gld +0.02"
+ },
+ "jaigx": {
+  "sym": "jaigx",
+  "name": "Janus Henderson Overseas Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.006070469096960918,
+  "alpha_t_5y": 0.22594029888600872,
+  "alpha_t_full": -0.492939379180838,
+  "r2_5y": 0.8487688042287106,
+  "r2_full": 0.861036306139108,
+  "corr_portfolio": 0.3739754233277747,
+  "corr_benchmark": 0.48582767602473564,
+  "alpha_pos_frac": 0.5515695067264574,
+  "fund_max_dd": -0.6948118021164691,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.37, vwo +0.22, tlt -0.07, gsg +0.04, efa +0.32, vweax +0.18",
+  "ref_full": "efa +0.46, vwo +0.29, vweax +0.38, iwm +0.09, tlt -0.06, gsg +0.03"
+ },
+ "jamfx": {
+  "sym": "jamfx",
+  "name": "Jacob Internet Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.14797965294107998,
+  "alpha_t_5y": -1.7608632208312263,
+  "alpha_t_full": -1.7890271391965549,
+  "r2_5y": 0.727613957184359,
+  "r2_full": 0.7362972934220913,
+  "corr_portfolio": 0.04238174298684863,
+  "corr_benchmark": 0.522121539410743,
+  "alpha_pos_frac": 0.4639175257731959,
+  "fund_max_dd": -0.9646018258839777,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.12, qqq +1.39, ivv -1.42, vweax +0.49",
+  "ref_full": "qqq +1.03, iwm +0.76, ivv -0.73, vweax +0.32, vnq -0.08, agg +0.23"
+ },
+ "jascx": {
+  "sym": "jascx",
+  "name": "James Small Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.06701440278143626,
+  "alpha_t_5y": 2.5762826745468725,
+  "alpha_t_full": -0.023849781563498627,
+  "r2_5y": 0.895700868787196,
+  "r2_full": 0.9090221525914386,
+  "corr_portfolio": 0.35206231753478767,
+  "corr_benchmark": 0.5160467850145783,
+  "alpha_pos_frac": 0.5082644628099173,
+  "fund_max_dd": -0.5921556027497481,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.70, ivv +0.72, qqq -0.43, vnq -0.05, fxe -0.07",
+  "ref_full": "iwm +0.74, ivv +0.33, qqq -0.15, vnq -0.05, agg +0.19, ief -0.11"
+ },
+ "javax": {
+  "sym": "javax",
+  "name": "James Aggressive Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.04388627529627513,
+  "alpha_t_5y": 0.30118641436920535,
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+  "r2_5y": 0.11292214910529996,
+  "r2_full": 0.20375099465278423,
+  "corr_portfolio": 0.11500732848540829,
+  "corr_benchmark": 0.2846507287744141,
+  "alpha_pos_frac": 0.4609375,
+  "fund_max_dd": -0.4347033332783343,
+  "first": "2015-07-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.74",
+  "ref_full": "ivv +0.70"
+ },
+ "jawgx": {
+  "sym": "jawgx",
+  "name": "Janus Henderson Global Research Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009137774941805383,
+  "alpha_t_5y": -0.640772321164564,
+  "alpha_t_full": -1.5361552006790675,
+  "r2_5y": 0.961690363406007,
+  "r2_full": 0.9440778775486566,
+  "corr_portfolio": 0.29897607737692594,
+  "corr_benchmark": 0.6078289523228531,
+  "alpha_pos_frac": 0.5560538116591929,
+  "fund_max_dd": -0.7136385835093547,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.70, vea +0.06, vnq -0.06, vwo +0.06, qqq +0.07, efa +0.20",
+  "ref_full": "ivv +0.45, efa +0.25, qqq +0.14, iwm +0.08, vweax +0.17, vwo +0.04"
+ },
+ "jcsrx": {
+  "sym": "jcsrx",
+  "name": "John Hancock California Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002319132229634078,
+  "alpha_t_5y": -0.13692377025865418,
+  "alpha_t_full": -0.08729841569943483,
+  "r2_5y": 0.3766604126642463,
+  "r2_full": 0.3765742754781055,
+  "corr_portfolio": 0.040043658623080174,
+  "corr_benchmark": 0.35345898645171775,
+  "alpha_pos_frac": 0.5588235294117647,
+  "fund_max_dd": -0.1444187585205673,
+  "first": "2017-08-31",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.54, ief +0.17, ivv -0.09, vnq +0.03, gsg -0.02",
+  "ref_full": "vweax +0.29, vblix +0.31, tlt -0.21, qqq -0.03, agg +0.21, gsg -0.02"
+ },
+ "jctrx": {
+  "sym": "jctrx",
+  "name": "John Hancock High Yield Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003536355577317382,
+  "alpha_t_5y": -0.1919670683258243,
+  "alpha_t_full": -0.20881671905908414,
+  "r2_5y": 0.3914597486413963,
+  "r2_full": 0.4196575672473417,
+  "corr_portfolio": 0.07266975890756881,
+  "corr_benchmark": 0.33791223420613026,
+  "alpha_pos_frac": 0.5980392156862745,
+  "fund_max_dd": -0.2155834760170745,
+  "first": "2017-08-31",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.63, ief +0.19, ivv -0.10, vnq +0.03",
+  "ref_full": "vweax +0.33, vblix +0.48, tlt -0.35, iwm -0.06, agg +0.23, vnq +0.04"
+ },
+ "jderx": {
+  "sym": "jderx",
+  "name": "PGIM JENNISON MID-CAP GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.09808651412408928,
+  "alpha_t_5y": -2.725178252419843,
+  "alpha_t_full": -2.0946565795937597,
+  "r2_5y": 0.856832623764537,
+  "r2_full": 0.895472119094979,
+  "corr_portfolio": 0.1594362435068323,
+  "corr_benchmark": 0.5959013547765034,
+  "alpha_pos_frac": 0.4859437751004016,
+  "fund_max_dd": -0.5141668056007329,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.04, iwm +0.46, qqq +0.50",
+  "ref_full": "ivv +0.30, iwm +0.31, qqq +0.34, agg +0.11, djp +0.04, vweax +0.10"
+ },
+ "jdvrx": {
+  "sym": "jdvrx",
+  "name": "PGIM JENNISON VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.010872138394908467,
+  "alpha_t_5y": 0.6677110736862305,
+  "alpha_t_full": -0.3608269523518365,
+  "r2_5y": 0.9329620105863207,
+  "r2_full": 0.9411078778453205,
+  "corr_portfolio": 0.37756962133418653,
+  "corr_benchmark": 0.5307216574816015,
+  "alpha_pos_frac": 0.5067264573991032,
+  "fund_max_dd": -0.583784526505972,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.21, qqq -0.51, iwm +0.12, vea +0.14, fxy -0.06, gsg +0.02",
+  "ref_full": "ivv +0.91, qqq -0.24, iwm +0.15, efa +0.14, gsg +0.04, tlt -0.05"
+ },
+ "jdvwx": {
+  "sym": "jdvwx",
+  "name": "John Hancock Disciplined Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.028041460813876574,
+  "alpha_t_5y": 1.478598240230186,
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+  "r2_5y": 0.9180366404054109,
+  "r2_full": 0.9442061967444252,
+  "corr_portfolio": 0.41200608908832204,
+  "corr_benchmark": 0.5176102051594095,
+  "alpha_pos_frac": 0.47701149425287354,
+  "fund_max_dd": -0.4027579197474148,
+  "first": "2011-09-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.36, qqq -0.62, iwm +0.21, vnq -0.12, vea +0.59, efa -0.46",
+  "ref_full": "ivv +1.20, qqq -0.44, iwm +0.19, vnq -0.06, vea +0.10, ief -0.12"
+ },
+ "jdyrx": {
+  "sym": "jdyrx",
+  "name": "PGIM HIGH YIELD FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -3.2865437884858254e-05,
+  "alpha_t_5y": -0.0031225500611010153,
+  "alpha_t_full": 1.0595703310849713,
+  "r2_5y": 0.7365375640108507,
+  "r2_full": 0.7267871601903213,
+  "corr_portfolio": 0.2794624904810018,
+  "corr_benchmark": 0.4318815634244916,
+  "alpha_pos_frac": 0.4797687861271676,
+  "fund_max_dd": -0.2905089428582889,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.62, vblix +0.36, tlt -0.24, djp +0.02, iwm +0.01",
+  "ref_full": "vweax +0.82, gsg +0.01, agg +0.09, efa +0.01, tlt -0.02"
+ },
+ "jensx": {
+  "sym": "jensx",
+  "name": "The Jensen Quality Growth Fund Inc",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.043362292684723386,
+  "alpha_t_5y": -1.9772241637422432,
+  "alpha_t_full": -0.2230386149211854,
+  "r2_5y": 0.8834545213219362,
+  "r2_full": 0.9201622753860588,
+  "corr_portfolio": 0.26411296883124025,
+  "corr_benchmark": 0.6054164761861872,
+  "alpha_pos_frac": 0.5191489361702127,
+  "fund_max_dd": -0.4553311242177389,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.18, vnq +0.08, iwm -0.16, gsg -0.05, qqq -0.17, ief +0.11",
+  "ref_full": "ivv +1.01, gsg -0.04, iwm -0.05, qqq -0.04, vwo -0.02"
+ },
+ "jeqix": {
+  "sym": "jeqix",
+  "name": "Johnson Equity Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013300424878776317,
+  "alpha_t_5y": -0.7468901848698724,
+  "alpha_t_full": 0.868385374909584,
+  "r2_5y": 0.9087600912652201,
+  "r2_full": 0.9275370708593419,
+  "corr_portfolio": 0.319594807258552,
+  "corr_benchmark": 0.5795007877197524,
+  "alpha_pos_frac": 0.5063829787234042,
+  "fund_max_dd": -0.5051602886220161,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.18, qqq -0.38, vnq +0.11, gsg -0.03",
+  "ref_full": "ivv +1.06, qqq -0.26, efa +0.08, vnq +0.03, agg +0.05"
+ },
+ "jfdrx": {
+  "sym": "jfdrx",
+  "name": "Financial Industries Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007519745580505291,
+  "alpha_t_5y": -0.2029054216054625,
+  "alpha_t_full": 0.2535850120547481,
+  "r2_5y": 0.801699271964341,
+  "r2_full": 0.8614085647574752,
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+  "corr_benchmark": 0.45426325077358753,
+  "alpha_pos_frac": 0.5392156862745098,
+  "fund_max_dd": -0.4204661263633519,
+  "first": "2017-08-31",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.40, ivv +1.48, qqq -0.85, ief -0.37, gsg -0.06, efa +0.11",
+  "ref_full": "iwm +0.42, ivv +1.25, qqq -0.71, ief -0.37, djp -0.07, efa +0.11"
+ },
+ "jgrsx": {
+  "sym": "jgrsx",
+  "name": "John Hancock Global Shareholder Yield Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03417506259111459,
+  "alpha_t_5y": 1.7006648365845374,
+  "alpha_t_full": 1.1801973480076071,
+  "r2_5y": 0.8674690573713255,
+  "r2_full": 0.8627572453797794,
+  "corr_portfolio": 0.4089044669659433,
+  "corr_benchmark": 0.5662639429258085,
+  "alpha_pos_frac": 0.4827586206896552,
+  "fund_max_dd": -0.3642553152962493,
+  "first": "2011-09-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.32, ivv +0.84, qqq -0.39, vnq +0.09",
+  "ref_full": "vea +0.10, ivv +0.61, qqq -0.23, vnq +0.10, fxe +0.09, efa +0.23"
+ },
+ "jhbsx": {
+  "sym": "jhbsx",
+  "name": "John Hancock Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002869843683371456,
+  "alpha_t_5y": -0.63000256468113,
+  "alpha_t_full": 1.3955439407044223,
+  "r2_5y": 0.964613901564356,
+  "r2_full": 0.9282094647956769,
+  "corr_portfolio": -0.01184641721406363,
+  "corr_benchmark": 0.724809965663652,
+  "alpha_pos_frac": 0.4682080924855491,
+  "fund_max_dd": -0.1923185642387485,
+  "first": "2011-09-28",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg -0.08, vweax +0.19, vblix +0.39, ief +0.31, tlt -0.18, vmbix +0.21",
+  "ref_full": "agg +0.06, vweax +0.22, ief +0.16, vmbix +0.25, vblix +0.34, tlt -0.16"
+ },
+ "jhhbx": {
+  "sym": "jhhbx",
+  "name": "John Hancock High Yield Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005029984380557162,
+  "alpha_t_5y": -0.48114719884275137,
+  "alpha_t_full": -1.2773213999956121,
+  "r2_5y": 0.7521469678458522,
+  "r2_full": 0.5811864974333389,
+  "corr_portfolio": 0.30605067084117493,
+  "corr_benchmark": 0.42622017752087726,
+  "alpha_pos_frac": 0.5737051792828686,
+  "fund_max_dd": -0.5883174361333232,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.88, vwo +0.02",
+  "ref_full": "vweax +0.87, vnq +0.08, vwo +0.05, ief -0.17, agg +0.14, gld -0.03"
+ },
+ "jhyix": {
+  "sym": "jhyix",
+  "name": "abrdn High Income Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0036040613517975624,
+  "alpha_t_5y": -0.38858088592916196,
+  "alpha_t_full": 1.100301345298022,
+  "r2_5y": 0.7298876625145804,
+  "r2_full": 0.6964355623350433,
+  "corr_portfolio": 0.3254426322092962,
+  "corr_benchmark": 0.4394058928677128,
+  "alpha_pos_frac": 0.5829596412556054,
+  "fund_max_dd": -0.28431591643808773,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.64, vea +0.05, tlt +0.01",
+  "ref_full": "vweax +0.68, efa +0.04, agg +0.13, ief -0.08, djp +0.01, vnq -0.01"
+ },
+ "jigtx": {
+  "sym": "jigtx",
+  "name": "John Hancock International Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.030272121426301868,
+  "alpha_t_5y": -1.3176136701272019,
+  "alpha_t_full": 0.18890202230113542,
+  "r2_5y": 0.9047115858961629,
+  "r2_full": 0.8642476916593563,
+  "corr_portfolio": 0.2996664354170968,
+  "corr_benchmark": 0.5605780782764586,
+  "alpha_pos_frac": 0.5343511450381679,
+  "fund_max_dd": -0.3816183947718017,
+  "first": "2015-03-30",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.67, vwo +0.32, qqq +0.09, vnq -0.07, djp -0.03",
+  "ref_full": "vea +0.64, vwo +0.23, qqq +0.25, ivv -0.23, gsg -0.04, tlt +0.04"
+ },
+ "jmbs": {
+  "sym": "jmbs",
+  "name": "Janus Henderson Mortgage-Backed Securities ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0037914739399334076,
+  "alpha_t_5y": 0.5092288289142742,
+  "alpha_t_full": 0.5188768036425246,
+  "r2_5y": 0.9191594818899955,
+  "r2_full": 0.8056859614326821,
+  "corr_portfolio": -0.10666251552754187,
+  "corr_benchmark": 0.6373997726262934,
+  "alpha_pos_frac": 0.5168539325842697,
+  "fund_max_dd": -0.16683672927769444,
+  "first": "2018-09-14",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.72, agg +0.38, vblix -0.05",
+  "ref_full": "vmbix +0.84, agg +0.10"
+ },
+ "jmcgx": {
+  "sym": "jmcgx",
+  "name": "Jacob Discovery Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05953424619822582,
+  "alpha_t_5y": -0.9109475632040491,
+  "alpha_t_full": -1.0828771953330723,
+  "r2_5y": 0.6867363452213346,
+  "r2_full": 0.7582777163892068,
+  "corr_portfolio": 0.11080412233015689,
+  "corr_benchmark": 0.4591676874234324,
+  "alpha_pos_frac": 0.49800796812749004,
+  "fund_max_dd": -0.6397579473334278,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.98, vwo +0.17, vnq -0.10, qqq +0.62, ivv -0.89, vweax +0.38",
+  "ref_full": "iwm +0.98, vnq -0.08, qqq +0.35, ivv -0.38, vweax +0.28, gld +0.07"
+ },
+ "jmcrx": {
+  "sym": "jmcrx",
+  "name": "JAMES MICRO CAP FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.09301341470977778,
+  "alpha_t_5y": 0.6235367711857103,
+  "alpha_t_full": 0.44660793274979993,
+  "r2_5y": 0.23252739880049966,
+  "r2_full": 0.4330553089919962,
+  "corr_portfolio": 0.22164368129896644,
+  "corr_benchmark": 0.3485307945138229,
+  "alpha_pos_frac": 0.44680851063829785,
+  "fund_max_dd": -0.5067945707598784,
+  "first": "2010-07-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.86",
+  "ref_full": "iwm +0.92, qqq -0.09"
+ },
+ "jmvsx": {
+  "sym": "jmvsx",
+  "name": "JPMorgan Mid Cap Value Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.009100629170072306,
+  "alpha_t_5y": 0.21834775149231764,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.29, vnq +0.15, ivv +1.20, qqq -0.65",
+  "ref_full": "ivv +0.91, qqq -0.38, iwm +0.29, vnq +0.09, vweax +0.12, tlt -0.03"
+ },
+ "jrgrx": {
+  "sym": "jrgrx",
+  "name": "Regional Bank Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.05557410015052692,
+  "alpha_t_5y": 0.9212492373529135,
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+  "first": "2017-08-31",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.95, qqq -1.05, ivv +1.23, gld -0.16, ief -0.31",
+  "ref_full": "iwm +0.98, qqq -1.09, ivv +1.22, gld -0.17, ief -0.83, vmbix +0.62"
+ },
+ "jsgtx": {
+  "sym": "jsgtx",
+  "name": "John Hancock U.S. Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.020492700648280734,
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+  "first": "2015-03-30",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.47, ivv +0.68, vnq -0.07, efa -0.08",
+  "ref_full": "qqq +0.53, ivv +0.59, efa -0.07, iwm -0.04"
+ },
+ "jsigx": {
+  "sym": "jsigx",
+  "name": "Jacob Small Cap Growth Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.10133256179785656,
+  "alpha_t_5y": -1.2528338875640865,
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
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+  "ref_full": "iwm +1.12, qqq +0.55, ivv -0.54, vnq -0.11, agg +0.21, vweax +0.23"
+ },
+ "jsnwx": {
+  "sym": "jsnwx",
+  "name": "John Hancock Income Fund",
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+  "alpha_pos_frac": 0.5,
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.47, agg +0.05, fxe +0.04, vmbix +0.11, vwo +0.02, ief +0.16",
+  "ref_full": "vweax +0.45, agg +0.17, vwo +0.02, vmbix +0.15, fxe +0.04, vnq +0.01"
+ },
+ "jtmrx": {
+  "sym": "jtmrx",
+  "name": "John Hancock Municipal Opportunities Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.010548014747268897,
+  "alpha_t_5y": -0.8590130931331453,
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.34, vblix +0.25, ivv -0.07, tlt -0.14, vnq +0.02",
+  "ref_full": "vweax +0.25, vblix +0.34, tlt -0.25, qqq -0.02, agg +0.16, gsg -0.02"
+ },
+ "jvmrx": {
+  "sym": "jvmrx",
+  "name": "John Hancock Disciplined Value Mid Cap Fund",
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
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+  "ref_full": "iwm +0.37, ivv +1.03, qqq -0.46, vnq +0.07, ief -0.13, vweax +0.12"
+ },
+ "kauax": {
+  "sym": "kauax",
+  "name": "Federated Hermes Kaufmann Fund",
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+  "alpha_ann_5y": -0.06689402956354697,
+  "alpha_t_5y": -1.8364577571858969,
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
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+  "ref_full": "ivv -0.03, iwm +0.40, qqq +0.40, vwo +0.07, gld +0.05, vweax +0.16"
+ },
+ "kbwb": {
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+  "name": "Invesco KBW Bank ETF",
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
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+  "ref_full": "iwm +0.63, ief -0.42, ivv +1.84, qqq -1.07, gld -0.13, vnq -0.17"
+ },
+ "kbwd": {
+  "sym": "kbwd",
+  "name": "Invesco KBW High Dividend Yield Financial ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014856690096926348,
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+  "verdict": "weak/unstable alpha",
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+  "ref_5y": "iwm +0.47, vnq +0.15, vweax +0.36, qqq -0.49, ivv +0.75, vmbix +0.20",
+  "ref_full": "iwm +0.56, vnq +0.15, vweax +0.61, qqq -0.50, ivv +0.58, agg +0.29"
+ },
+ "kbwp": {
+  "sym": "kbwp",
+  "name": "Invesco KBW Property & Casualty Insurance ETF",
+  "bucket": "all",
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+  "alpha_pos_frac": 0.489010989010989,
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.07, ief -0.20, ivv +2.12, qqq -1.29, gld -0.07",
+  "ref_full": "ivv +1.46, qqq -0.81, vwo -0.14, vweax +0.37, iwm +0.13, fxe -0.15"
+ },
+ "kbwy": {
+  "sym": "kbwy",
+  "name": "Invesco KBW Premium Yield Equity REIT ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.010913249783103865,
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.82, iwm +0.39, qqq -0.25",
+  "ref_full": "vnq +0.80, iwm +0.49, qqq -0.34, vweax +0.29, agg +0.75, vmbix -0.73"
+ },
+ "kctax": {
+  "sym": "kctax",
+  "name": "DWS California Tax-Free Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01439827181335292,
+  "alpha_t_5y": -1.0775425937724845,
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+  "corr_benchmark": 0.3893178002280469,
+  "alpha_pos_frac": 0.5549132947976878,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.26, vweax +0.33, ivv -0.08, vnq +0.03, vmbix +0.10, tlt -0.14",
+  "ref_full": "agg +0.11, vweax +0.25, ief +0.10, fxy +0.03, gsg -0.01, vnq +0.01"
+ },
+ "kdhax": {
+  "sym": "kdhax",
+  "name": "DWS CROCI Equity Dividend Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.011263500574762138,
+  "alpha_t_5y": 0.3715800443170239,
+  "alpha_t_full": -0.290796732577265,
+  "r2_5y": 0.7352092013170188,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.48, qqq -0.82, iwm +0.09, vnq +0.08",
+  "ref_full": "ivv +1.34, qqq -0.55, vnq +0.10, vwo +0.07, tlt -0.10, agg +0.17"
+ },
+ "kgdax": {
+  "sym": "kgdax",
+  "name": "DWS Global Small Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0075355239210344194,
+  "alpha_t_5y": -0.40551660850218796,
+  "alpha_t_full": -2.1373836128588555,
+  "r2_5y": 0.9456198236908319,
+  "r2_full": 0.931992055548784,
+  "corr_portfolio": 0.3270147490592469,
+  "corr_benchmark": 0.5729428409220535,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.6239585897749769,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.52, vea +0.53, vweax +0.16, ivv +0.09, fxe +0.09, efa -0.20",
+  "ref_full": "iwm +0.46, efa +0.37, vweax +0.32, vnq -0.05, djp +0.05, qqq +0.07"
+ },
+ "khyax": {
+  "sym": "khyax",
+  "name": "DWS High Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0009707566547108963,
+  "alpha_t_5y": -0.09816864162044289,
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+  "alpha_pos_frac": 0.5919282511210763,
+  "fund_max_dd": -0.3157612266180816,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.69, vea +0.04, iwm +0.02, tlt +0.02",
+  "ref_full": "vweax +0.82, efa +0.01, tlt -0.04, agg +0.11, ivv +0.02, djp +0.01"
+ },
+ "klcax": {
+  "sym": "klcax",
+  "name": "Federated Hermes Kaufmann Large Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04560061620830076,
+  "alpha_t_5y": -1.8540734526226772,
+  "alpha_t_full": -0.37688795612865766,
+  "r2_5y": 0.9208939823845084,
+  "r2_full": 0.9162706486509753,
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+  "corr_benchmark": 0.6115823518473318,
+  "alpha_pos_frac": 0.4840182648401826,
+  "fund_max_dd": -0.5194063621564387,
+  "first": "2007-12-07",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.59, ivv +0.36, iwm +0.05",
+  "ref_full": "ivv +0.48, qqq +0.39, iwm +0.08, vea +0.16, vnq +0.02, efa -0.11"
+ },
+ "kmdnx": {
+  "sym": "kmdnx",
+  "name": "Kinetics Multi-Disciplinary Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0016429713235148248,
+  "alpha_t_5y": -0.31032792926553227,
+  "alpha_t_full": 0.5580866579672977,
+  "r2_5y": 0.1850762602607049,
+  "r2_full": 0.5714474037963431,
+  "corr_portfolio": 0.2993809490289425,
+  "corr_benchmark": 0.2870579698328522,
+  "alpha_pos_frac": 0.47685185185185186,
+  "fund_max_dd": -0.28549866129860013,
+  "first": "2008-02-15",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.07, ivv +0.02, gsg +0.01",
+  "ref_full": "efa +0.06, vwo +0.08, vweax +0.19, vnq +0.05, tlt -0.10, agg +0.14"
+ },
+ "kmknx": {
+  "sym": "kmknx",
+  "name": "Kinetics Market Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.14401858021219263,
+  "alpha_t_5y": 1.3363943967211607,
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+  "r2_5y": 0.3958618422195682,
+  "r2_full": 0.4980659844729657,
+  "corr_portfolio": 0.22899419322788986,
+  "corr_benchmark": 0.27422897308298855,
+  "alpha_pos_frac": 0.41203703703703703,
+  "fund_max_dd": -0.6624432846919761,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.60, gsg +0.34, tlt -0.15",
+  "ref_full": "iwm +0.36, gsg +0.16, efa +0.15, vnq +0.06, vwo +0.07"
+ },
+ "kntax": {
+  "sym": "kntax",
+  "name": "DWS New York Tax-Free Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015080199521826829,
+  "alpha_t_5y": -1.0426625233580968,
+  "alpha_t_full": 0.29694462838605407,
+  "r2_5y": 0.40725181502147134,
+  "r2_full": 0.25557371843519383,
+  "corr_portfolio": 0.014549880067330047,
+  "corr_benchmark": 0.36705420002195355,
+  "alpha_pos_frac": 0.5895953757225434,
+  "fund_max_dd": -0.1697048152601074,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.28, vweax +0.36, ivv -0.14, vnq +0.04, tlt -0.14, qqq +0.05",
+  "ref_full": "agg +0.11, vweax +0.25, ief +0.09, gsg -0.01, fxy +0.03"
+ },
+ "komp": {
+  "sym": "komp",
+  "name": "State Street(R) SPDR(R) S&P Kensho New Economies Composite ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0456370600960433,
+  "alpha_t_5y": -1.3007020557426658,
+  "alpha_t_full": -0.2243285845689083,
+  "r2_5y": 0.8988882541821676,
+  "r2_full": 0.8964184037911664,
+  "corr_portfolio": 0.1288034570364424,
+  "corr_benchmark": 0.599499259244543,
+  "alpha_pos_frac": 0.4772727272727273,
+  "fund_max_dd": -0.5006074987884841,
+  "first": "2018-10-24",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.89, qqq +0.64, ivv -0.67, vwo +0.21",
+  "ref_full": "iwm +0.81, qqq +0.56, ivv -0.53, vwo +0.19, vweax +0.15"
+ },
+ "korp": {
+  "sym": "korp",
+  "name": "American Century Diversified Corporate Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0005273083493784751,
+  "alpha_t_5y": 0.07391898526198366,
+  "alpha_t_full": 0.09196700541574253,
+  "r2_5y": 0.894768868806866,
+  "r2_full": 0.7996530123305476,
+  "corr_portfolio": 0.011792002070600799,
+  "corr_benchmark": 0.7728779824607201,
+  "alpha_pos_frac": 0.5154639175257731,
+  "fund_max_dd": -0.14901148214955318,
+  "first": "2018-01-17",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.92, ivv +0.02, tlt -0.15, vblix +0.11, efa +0.03, fxe -0.03",
+  "ref_full": "agg +0.57, vweax +0.02, ivv +0.04, vmbix +0.15, tlt -0.21, vblix +0.27"
+ },
+ "kscox": {
+  "sym": "kscox",
+  "name": "Kinetics Small Cap Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0789964064552334,
+  "alpha_t_5y": 0.8469392128107057,
+  "alpha_t_full": 1.184356479729274,
+  "r2_5y": 0.4090069132544275,
+  "r2_full": 0.567019099077348,
+  "corr_portfolio": 0.27524982547663596,
+  "corr_benchmark": 0.3256149841297674,
+  "alpha_pos_frac": 0.4624277456647399,
+  "fund_max_dd": -0.7009415289760497,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.65, gsg +0.40, vblix -0.16",
+  "ref_full": "iwm +0.45, gsg +0.21, vweax +0.44, ivv +0.35, qqq -0.15"
+ },
+ "ksdvx": {
+  "sym": "ksdvx",
+  "name": "Keeley Gabelli Small Cap Dividend Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.028302924159583253,
+  "alpha_t_5y": 1.102213059926954,
+  "alpha_t_full": 1.1948681836752866,
+  "r2_5y": 0.8996130811025386,
+  "r2_full": 0.9221186534567736,
+  "corr_portfolio": 0.3513422070270066,
+  "corr_benchmark": 0.47563303636695314,
+  "alpha_pos_frac": 0.4512820512820513,
+  "fund_max_dd": -0.49045294943820184,
+  "first": "2009-12-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.72, qqq -0.59, ivv +0.78, ief -0.10, vnq +0.05",
+  "ref_full": "iwm +0.80, qqq -0.46, ivv +0.56, vnq +0.07, vmbix -0.35, agg +0.21"
+ },
+ "ktcix": {
+  "sym": "ktcix",
+  "name": "DWS Science and Technology Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01021272944766131,
+  "alpha_t_5y": 0.42743296688714155,
+  "alpha_t_full": -1.2457446528857725,
+  "r2_5y": 0.9506237434238898,
+  "r2_full": 0.9519799325459146,
+  "corr_portfolio": 0.12032390477349895,
+  "corr_benchmark": 0.5942794494860383,
+  "alpha_pos_frac": 0.4980544747081712,
+  "fund_max_dd": -0.5628307920319804,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.19, vnq -0.07, iwm +0.09, ivv -0.18",
+  "ref_full": "qqq +1.03, iwm +0.09, vnq -0.04, ivv -0.05"
+ },
+ "ktrax": {
+  "sym": "ktrax",
+  "name": "DWS Global Income Builder Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 2.205937146006763e-05,
+  "alpha_t_5y": 0.0016051547844734215,
+  "alpha_t_full": -1.878814671638993,
+  "r2_5y": 0.8911639289828355,
+  "r2_full": 0.9355129265156197,
+  "corr_portfolio": 0.33630760883611177,
+  "corr_benchmark": 0.6608068725143107,
+  "alpha_pos_frac": 0.5549132947976878,
+  "fund_max_dd": -0.3989730864679012,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.19, ivv +0.22, vblix +0.10, vwo +0.08, vweax +0.23, iwm +0.03",
+  "ref_full": "ivv +0.26, efa +0.16, ief +0.16, vweax +0.20, vwo +0.06, iwm +0.05"
+ },
+ "ktxix": {
+  "sym": "ktxix",
+  "name": "The Kansas Tax-Free Intermediate Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0211188916325229,
+  "alpha_t_5y": -2.0885247733779932,
+  "alpha_t_full": 0.4061439906511262,
+  "r2_5y": 0.3845063810331568,
+  "r2_full": 0.2897073169669222,
+  "corr_portfolio": 0.02231242034110726,
+  "corr_benchmark": 0.35061604497374793,
+  "alpha_pos_frac": 0.5136186770428015,
+  "fund_max_dd": -0.12081068064237588,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.31, ief +0.12, ivv -0.05, vnq +0.02",
+  "ref_full": "agg +0.09, vweax +0.20, ief +0.07, fxy +0.03, gsg -0.01, efa -0.01"
+ },
+ "labcx": {
+  "sym": "labcx",
+  "name": "Loomis Sayles Strategic Alpha Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009684448089583613,
+  "alpha_t_5y": -1.3924511166076259,
+  "alpha_t_full": -1.3827462652800944,
+  "r2_5y": 0.6685953570568052,
+  "r2_full": 0.494442110782478,
+  "corr_portfolio": 0.20942626058999067,
+  "corr_benchmark": 0.4464176013884217,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.1215579994391689,
+  "first": "2010-12-17",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.23, agg +0.36, vea +0.03, tlt -0.08, iwm +0.01",
+  "ref_full": "vweax +0.32, vmbix +0.12, iwm +0.02, vea +0.02, agg -0.13, ief +0.09"
+ },
+ "lacax": {
+  "sym": "lacax",
+  "name": "Columbia Acorn Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07358078601344706,
+  "alpha_t_5y": -2.063752912941152,
+  "alpha_t_full": -2.7352171438423345,
+  "r2_5y": 0.8870769661232157,
+  "r2_full": 0.9217922516987417,
+  "corr_portfolio": 0.1238797763513325,
+  "corr_benchmark": 0.595500033250753,
+  "alpha_pos_frac": 0.48554913294797686,
+  "fund_max_dd": -0.5689593261569307,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.79, qqq +0.66, ivv -0.46, vblix +0.09",
+  "ref_full": "iwm +0.61, qqq +0.34, agg +0.11, fxe +0.05, vweax +0.10, vwo +0.02"
+ },
+ "lacfx": {
+  "sym": "lacfx",
+  "name": "Lord Abbett Convertible Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02777458633820599,
+  "alpha_t_5y": -0.9741058294635737,
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+  "r2_5y": 0.7679972236378083,
+  "r2_full": 0.7138652674229649,
+  "corr_portfolio": 0.12912506271740268,
+  "corr_benchmark": 0.5055154999917807,
+  "alpha_pos_frac": 0.549800796812749,
+  "fund_max_dd": -0.39433748563412496,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.37, qqq +0.51, ivv -0.48, vwo +0.08, gld +0.04",
+  "ref_full": "qqq +0.31, iwm +0.28, vnq -0.08, vweax +0.30, gld +0.04, ivv -0.07"
+ },
+ "lafax": {
+  "sym": "lafax",
+  "name": "Columbia Acorn International Select",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.08652985283374069,
+  "alpha_t_5y": -2.816657118086558,
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+  "r2_5y": 0.8661582269059324,
+  "r2_full": 0.8402270154657265,
+  "corr_portfolio": 0.23466328551276797,
+  "corr_benchmark": 0.5859531021073536,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.5658205261476884,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.29, qqq +0.45, vweax +0.50, ivv -0.50, efa +0.64, vnq +0.08",
+  "ref_full": "efa +0.51, vweax +0.52, qqq +0.18, gld +0.08, fxy +0.14, vwo +0.07"
+ },
+ "laffx": {
+  "sym": "laffx",
+  "name": "LORD ABBETT AFFILIATED FUND INC",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005235087908909711,
+  "alpha_t_5y": -0.3160447548621269,
+  "alpha_t_full": -0.39560072548951086,
+  "r2_5y": 0.9270965720805587,
+  "r2_full": 0.950179050246046,
+  "corr_portfolio": 0.38902319229761606,
+  "corr_benchmark": 0.548645911988136,
+  "alpha_pos_frac": 0.5336322869955157,
+  "fund_max_dd": -0.6049334061214543,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.28, qqq -0.54, iwm +0.10, vea +0.31, fxy -0.06, efa -0.19",
+  "ref_full": "ivv +1.09, qqq -0.33, vnq +0.10, iwm +0.08, tlt -0.05, efa +0.06"
+ },
+ "lagwx": {
+  "sym": "lagwx",
+  "name": "LORD ABBETT DEVELOPING GROWTH FUND INC",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07331058905524514,
+  "alpha_t_5y": -1.5345529936258335,
+  "alpha_t_full": -1.028377688608798,
+  "r2_5y": 0.8462503848387086,
+  "r2_full": 0.8673448364166123,
+  "corr_portfolio": 0.10916139985848085,
+  "corr_benchmark": 0.5393974344375768,
+  "alpha_pos_frac": 0.5408560311284046,
+  "fund_max_dd": -0.6031307522655933,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.97, qqq +1.04, ivv -0.98, vnq -0.09",
+  "ref_full": "iwm +0.86, qqq +0.70, ivv -0.45, vnq -0.09, gld +0.06"
+ },
+ "laiax": {
+  "sym": "laiax",
+  "name": "Columbia Acorn International",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.09440450897143576,
+  "alpha_t_5y": -3.3272108542491434,
+  "alpha_t_full": -2.9716711403118423,
+  "r2_5y": 0.8756393419787423,
+  "r2_full": 0.8836405346064184,
+  "corr_portfolio": 0.2618879903060934,
+  "corr_benchmark": 0.5913209336481672,
+  "alpha_pos_frac": 0.5605381165919282,
+  "fund_max_dd": -0.603884909687866,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.83, qqq +0.37, vweax +0.46, ivv -0.37, fxe +0.14, vnq +0.06",
+  "ref_full": "efa +0.53, vweax +0.55, qqq +0.15, gld +0.06, vwo +0.09, fxy +0.12"
+ },
+ "laiex": {
+  "sym": "laiex",
+  "name": "Lord Abbett International Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03339092315755436,
+  "alpha_t_5y": -1.4573970874017368,
+  "alpha_t_full": -0.9504231433400486,
+  "r2_5y": 0.8883177096642052,
+  "r2_full": 0.8609232255313575,
+  "corr_portfolio": 0.3652779361884927,
+  "corr_benchmark": 0.5214727152040292,
+  "alpha_pos_frac": 0.484304932735426,
+  "fund_max_dd": -0.7181739068156783,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +1.16, vweax +0.38, fxe +0.17, efa -0.35, gld +0.04, vnq -0.04",
+  "ref_full": "efa +0.59, vweax +0.54, fxe +0.19, vwo +0.11, gld +0.05, agg -0.11"
+ },
+ "lamax": {
+  "sym": "lamax",
+  "name": "Lord Abbett Dividend Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009905042236591891,
+  "alpha_t_5y": -0.653645214832758,
+  "alpha_t_full": -0.07970992051252865,
+  "r2_5y": 0.9436064793974198,
+  "r2_full": 0.84323784439529,
+  "corr_portfolio": 0.29426027343777766,
+  "corr_benchmark": 0.5658241817061315,
+  "alpha_pos_frac": 0.503448275862069,
+  "fund_max_dd": -0.4092602740311332,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.21, qqq -0.26",
+  "ref_full": "ivv +0.99, vweax +0.24, vwo -0.06, vnq -0.05, qqq -0.11, gld +0.03"
+ },
+ "lanjx": {
+  "sym": "lanjx",
+  "name": "Lord Abbett New Jersey Tax-Free Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015246380497452607,
+  "alpha_t_5y": -1.0032159516401455,
+  "alpha_t_full": 0.14316026602259582,
+  "r2_5y": 0.3740001905712753,
+  "r2_full": 0.2368718250623153,
+  "corr_portfolio": 0.05361124385762371,
+  "corr_benchmark": 0.3480549960660544,
+  "alpha_pos_frac": 0.5836575875486382,
+  "fund_max_dd": -0.2098646659143797,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.48, ief +0.15, ivv -0.07, vnq +0.03",
+  "ref_full": "vweax +0.33, agg +0.18, iwm -0.03, vnq +0.02, fxy +0.04"
+ },
+ "lansx": {
+  "sym": "lansx",
+  "name": "Lord Abbett National Tax-Free Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015522192336201642,
+  "alpha_t_5y": -1.0491453321579018,
+  "alpha_t_full": 0.2733567947918092,
+  "r2_5y": 0.410740314869241,
+  "r2_full": 0.2718462938032191,
+  "corr_portfolio": 0.05267073675156648,
+  "corr_benchmark": 0.3437276921007118,
+  "alpha_pos_frac": 0.6127167630057804,
+  "fund_max_dd": -0.21238150028674574,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.41, vblix +0.27, ivv -0.15, vnq +0.04, qqq +0.05, tlt -0.13",
+  "ref_full": "vweax +0.37, ief +0.03, agg +0.15, fxy +0.04, efa -0.03, vnq +0.01"
+ },
+ "lanyx": {
+  "sym": "lanyx",
+  "name": "Lord Abbett New York Tax-Free Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016310473727589727,
+  "alpha_t_5y": -1.0698598263545784,
+  "alpha_t_full": 0.06784362158510573,
+  "r2_5y": 0.3876942277388373,
+  "r2_full": 0.2532452554126925,
+  "corr_portfolio": 0.040708817707542956,
+  "corr_benchmark": 0.3498074875638018,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.193794733703192,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.39, ief +0.08, ivv -0.07, vnq +0.03, vblix +0.25, tlt -0.15",
+  "ref_full": "vweax +0.34, agg +0.19, fxy +0.04, efa -0.02, gsg -0.01, vnq +0.01"
+ },
+ "laplx": {
+  "sym": "laplx",
+  "name": "Lord Abbett Core Plus Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002282015721166305,
+  "alpha_t_5y": -0.5033332204592738,
+  "alpha_t_full": -0.5079748104169383,
+  "r2_5y": 0.9589676114229087,
+  "r2_full": 0.9313034900494118,
+  "corr_portfolio": 0.007711238308863402,
+  "corr_benchmark": 0.7242004154743578,
+  "alpha_pos_frac": 0.4878048780487805,
+  "fund_max_dd": -0.1825939827462103,
+  "first": "2015-12-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg -0.08, vweax +0.17, ief +0.34, vblix +0.39, tlt -0.21, vmbix +0.16",
+  "ref_full": "vblix +0.29, vweax +0.27, ief +0.29, tlt -0.14, vmbix +0.14, qqq -0.01"
+ },
+ "lauyx": {
+  "sym": "lauyx",
+  "name": "Lord Abbett Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005543730311309933,
+  "alpha_t_5y": 0.4743296015341439,
+  "alpha_t_full": 0.7353053279678782,
+  "r2_5y": 0.8218479433122365,
+  "r2_full": 0.6623700071848586,
+  "corr_portfolio": 0.04899210182560312,
+  "corr_benchmark": 0.6503734565837671,
+  "alpha_pos_frac": 0.4913294797687861,
+  "fund_max_dd": -0.20647785109846395,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.57, vweax +0.21, ief +0.30, tlt -0.27",
+  "ref_full": "agg +0.14, vweax +0.46, ief +0.25, vwo +0.02, tlt +0.09, fxe +0.04"
+ },
+ "lavgx": {
+  "sym": "lavgx",
+  "name": "Lord Abbett International Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.030974629049263847,
+  "alpha_t_5y": -1.1894045450610082,
+  "alpha_t_full": -1.1894045450610082,
+  "r2_5y": 0.9105509171481447,
+  "r2_full": 0.9105509171481447,
+  "corr_portfolio": 0.07591903501319693,
+  "corr_benchmark": 0.5933467474080154,
+  "alpha_pos_frac": 0.4642857142857143,
+  "fund_max_dd": -0.378087405681521,
+  "first": "2021-06-25",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.83, qqq +0.44, ivv -0.35, vwo +0.18, gsg -0.05, vnq -0.07",
+  "ref_full": "vea +0.83, qqq +0.44, ivv -0.35, vwo +0.18, gsg -0.05, vnq -0.07"
+ },
+ "lavlx": {
+  "sym": "lavlx",
+  "name": "LORD ABBETT MID CAP STOCK FUND INC",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005834437917523287,
+  "alpha_t_5y": -0.267179489485992,
+  "alpha_t_full": -1.1324252698573625,
+  "r2_5y": 0.9096158574007484,
+  "r2_full": 0.9328628699952737,
+  "corr_portfolio": 0.3774411324446514,
+  "corr_benchmark": 0.5335077087925196,
+  "alpha_pos_frac": 0.5022421524663677,
+  "fund_max_dd": -0.6057596588122126,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.38, ivv +0.98, qqq -0.50, vea +0.10, fxy -0.08, vnq +0.05",
+  "ref_full": "ivv +0.80, iwm +0.39, qqq -0.29, djp +0.04, vweax +0.15, efa +0.06"
+ },
+ "lbndx": {
+  "sym": "lbndx",
+  "name": "LORD ABBETT BOND DEBENTURE FUND INC",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009512039666820515,
+  "alpha_t_5y": -1.1052089040049338,
+  "alpha_t_full": 0.1315243579498184,
+  "r2_5y": 0.8044197144216058,
+  "r2_full": 0.7975170883675783,
+  "corr_portfolio": 0.2856706212332894,
+  "corr_benchmark": 0.601995913673105,
+  "alpha_pos_frac": 0.49710982658959535,
+  "fund_max_dd": -0.2670088882722741,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.41, agg +0.17, iwm +0.02, vwo +0.03, vblix +0.42, tlt -0.29",
+  "ref_full": "vweax +0.64, ivv +0.03, agg +0.15, vwo +0.02, iwm +0.02, djp +0.01"
+ },
+ "lbsax": {
+  "sym": "lbsax",
+  "name": "Columbia Dividend Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00738321769946251,
+  "alpha_t_5y": 0.4402389083499807,
+  "alpha_t_full": 1.7564110172136074,
+  "r2_5y": 0.9080498802521212,
+  "r2_full": 0.9509862482624046,
+  "corr_portfolio": 0.3791406337981439,
+  "corr_benchmark": 0.5556284802640762,
+  "alpha_pos_frac": 0.5106382978723404,
+  "fund_max_dd": -0.4788667288695416,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.32, qqq -0.53, vnq +0.08, gsg +0.02",
+  "ref_full": "ivv +1.07, qqq -0.27, vnq +0.03, efa +0.06, fxe -0.05, vwo -0.02"
+ },
+ "lcdvx": {
+  "sym": "lcdvx",
+  "name": "Lord Abbett Emerging Markets Corporate Debt Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007679042595594108,
+  "alpha_t_5y": -0.7872948026427569,
+  "alpha_t_full": 0.23884548445331372,
+  "r2_5y": 0.5959421831065324,
+  "r2_full": 0.707991745261489,
+  "corr_portfolio": 0.23547428505381848,
+  "corr_benchmark": 0.39608965281183384,
+  "alpha_pos_frac": 0.5875,
+  "fund_max_dd": -0.19648650527911815,
+  "first": "2019-01-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.36, vblix +0.41, tlt -0.28, ivv -0.05, vwo +0.03",
+  "ref_full": "vweax +0.51, qqq -0.04, vblix +0.31, tlt -0.18, vwo +0.03, vmbix -0.09"
+ },
+ "lceax": {
+  "sym": "lceax",
+  "name": "Invesco Diversified Dividend Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0012128996707913484,
+  "alpha_t_5y": -0.08114188636407182,
+  "alpha_t_full": 1.3224297411341284,
+  "r2_5y": 0.9308663417807675,
+  "r2_full": 0.917577812916751,
+  "corr_portfolio": 0.4118544776857205,
+  "corr_benchmark": 0.5197712235230729,
+  "alpha_pos_frac": 0.5413793103448276,
+  "fund_max_dd": -0.503026039007189,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.44, qqq -0.72, iwm +0.10, efa +0.09",
+  "ref_full": "ivv +0.98, qqq -0.37, vnq +0.06, efa +0.12, iwm +0.08, vwo -0.03"
+ },
+ "lcfix": {
+  "sym": "lcfix",
+  "name": "Lord Abbett California Tax-Free Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.018906599779798694,
+  "alpha_t_5y": -1.2540148326374838,
+  "alpha_t_full": 0.16542586091784217,
+  "r2_5y": 0.40041958707788483,
+  "r2_full": 0.26428505659405976,
+  "corr_portfolio": 0.04645686940604759,
+  "corr_benchmark": 0.34985620636162285,
+  "alpha_pos_frac": 0.5953757225433526,
+  "fund_max_dd": -0.20115614482685562,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.41, vblix +0.29, ivv -0.09, vnq +0.03, tlt -0.15",
+  "ref_full": "vweax +0.37, agg +0.19, fxy +0.04, efa -0.02, vnq +0.02, iwm -0.02"
+ },
+ "lcflx": {
+  "sym": "lcflx",
+  "name": "Lord Abbett Focused Large Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002248693968198803,
+  "alpha_t_5y": -0.10264971716904511,
+  "alpha_t_full": 0.24466973719034113,
+  "r2_5y": 0.8999992664922754,
+  "r2_full": 0.9176181868443031,
+  "corr_portfolio": 0.3817163812719706,
+  "corr_benchmark": 0.5206217129231586,
+  "alpha_pos_frac": 0.5569620253164557,
+  "fund_max_dd": -0.47178191235609546,
+  "first": "2019-08-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.22, qqq -0.56, iwm +0.23, efa +0.11, ief -0.11, gsg +0.03",
+  "ref_full": "iwm +0.30, ivv +1.31, qqq -0.70, vea +0.14, ief -0.62, agg +0.58"
+ },
+ "lciax": {
+  "sym": "lciax",
+  "name": "SIIT LARGE CAP INDEX FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003996940713456657,
+  "alpha_t_5y": -0.7131114651502659,
+  "alpha_t_full": -0.9905701208341167,
+  "r2_5y": 0.9938811337062585,
+  "r2_full": 0.9671613896491265,
+  "corr_portfolio": 0.2752483389361533,
+  "corr_benchmark": 0.6100392183073904,
+  "alpha_pos_frac": 0.6036036036036037,
+  "fund_max_dd": -0.567135635403017,
+  "first": "2007-09-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.86, iwm +0.06, qqq +0.06, vnq +0.01",
+  "ref_full": "ivv +0.84, iwm +0.05, vwo +0.03, vweax +0.07, qqq +0.05, vnq +0.02"
+ },
+ "lcrax": {
+  "sym": "lcrax",
+  "name": "Lord Abbett Core Fixed Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0047781164607044865,
+  "alpha_t_5y": -0.9909070192967978,
+  "alpha_t_full": -0.4527224800790125,
+  "r2_5y": 0.9579542910736347,
+  "r2_full": 0.7934009353532698,
+  "corr_portfolio": -0.09005928406489223,
+  "corr_benchmark": 0.6827390853767948,
+  "alpha_pos_frac": 0.44508670520231214,
+  "fund_max_dd": -0.18392707792255436,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg -0.12, vblix +0.36, tlt -0.18, ief +0.41, vmbix +0.21, vweax +0.06",
+  "ref_full": "ief +0.36, vweax +0.21, agg +0.16, vnq +0.02, tlt +0.05, qqq -0.01"
+ },
+ "lcsmx": {
+  "sym": "lcsmx",
+  "name": "ClearBridge SMASh Series EM Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03253324346181024,
+  "alpha_t_5y": -0.6588981845565031,
+  "alpha_t_full": 0.04294394240521808,
+  "r2_5y": 0.7191208545338982,
+  "r2_full": 0.7375155815916398,
+  "corr_portfolio": 0.255134898256242,
+  "corr_benchmark": 0.451686011924047,
+  "alpha_pos_frac": 0.4489795918367347,
+  "fund_max_dd": -0.3968650659878322,
+  "first": "2018-01-11",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.38, qqq +0.12, vea +4.00, efa -3.40, vnq -0.17, fxe -0.33",
+  "ref_full": "vwo +0.45, vea +3.87, efa -3.26, fxe -0.26, djp -0.09, vnq -0.08"
+ },
+ "ldcax": {
+  "sym": "ldcax",
+  "name": "Lord Abbett Short Duration Core Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0011506021339933036,
+  "alpha_t_5y": -0.21110142387482997,
+  "alpha_t_full": -0.48750756974158144,
+  "r2_5y": 0.656507225614096,
+  "r2_full": 0.6059540987782108,
+  "corr_portfolio": 0.0064326474539944094,
+  "corr_benchmark": 0.3858457337136619,
+  "alpha_pos_frac": 0.5283018867924528,
+  "fund_max_dd": -0.07321935130844193,
+  "first": "2017-04-25",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.31, tlt -0.24, vblix +0.22, ivv -0.02, vweax +0.09",
+  "ref_full": "vmbix -0.02, vweax +0.13, ief +0.31, tlt -0.19, vblix +0.16, vea -0.02"
+ },
+ "ldfvx": {
+  "sym": "ldfvx",
+  "name": "Lord Abbett Fundamental Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.003883160636590207,
+  "alpha_t_5y": 0.23689058996016663,
+  "alpha_t_full": 0.9314227287524108,
+  "r2_5y": 0.9359113398210839,
+  "r2_full": 0.9510919113578988,
+  "corr_portfolio": 0.38642488483813675,
+  "corr_benchmark": 0.5369654580718561,
+  "alpha_pos_frac": 0.48936170212765956,
+  "fund_max_dd": -0.4715240047834167,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.26, qqq -0.54, iwm +0.17, efa +0.09, ief -0.07, gsg +0.02",
+  "ref_full": "ivv +0.94, qqq -0.27, iwm +0.20, efa +0.07, tlt -0.04, gsg +0.03"
+ },
+ "ldmvx": {
+  "sym": "ldmvx",
+  "name": "Lord Abbett Emerging Markets Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005931311064314409,
+  "alpha_t_5y": -0.31244313976161425,
+  "alpha_t_full": -0.2046461626662496,
+  "r2_5y": 0.5690658958930934,
+  "r2_full": 0.6340078991814666,
+  "corr_portfolio": 0.2176902417985382,
+  "corr_benchmark": 0.48018585310135276,
+  "alpha_pos_frac": 0.5125,
+  "fund_max_dd": -0.2739217733396099,
+  "first": "2019-01-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.76, vblix +0.41, tlt -0.25, ivv -0.09, vea +0.09, djp -0.03",
+  "ref_full": "vweax +0.77, vblix +0.28, vwo +0.07, qqq -0.04, tlt -0.13"
+ },
+ "ldrax": {
+  "sym": "ldrax",
+  "name": "SIIT LONG DURATION FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0011616915204513782,
+  "alpha_t_5y": 0.1579603447241956,
+  "alpha_t_full": -2.4206010991139326,
+  "r2_5y": 0.979831108753435,
+  "r2_full": 0.8405209461040989,
+  "corr_portfolio": -0.09506168711401779,
+  "corr_benchmark": 0.7142812341446282,
+  "alpha_pos_frac": 0.7745664739884393,
+  "fund_max_dd": -0.3582626039627027,
+  "first": "2007-09-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.92, vweax +0.09, ief +0.06",
+  "ref_full": "tlt +0.57, vweax +0.38, ief +0.22, vnq +0.02, fxy +0.04, agg +0.11"
+ },
+ "legax": {
+  "sym": "legax",
+  "name": "Columbia Cornerstone Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.027134245644864767,
+  "alpha_t_5y": -1.6018267492285878,
+  "alpha_t_full": -2.0185872114243226,
+  "r2_5y": 0.9653211195195274,
+  "r2_full": 0.962600104454152,
+  "corr_portfolio": 0.15975208035164568,
+  "corr_benchmark": 0.6129869511052172,
+  "alpha_pos_frac": 0.4798206278026906,
+  "fund_max_dd": -0.6168066137439332,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.69, ivv +0.48, vea -0.34, efa +0.26, iwm -0.03, vnq -0.03",
+  "ref_full": "qqq +0.53, ivv +0.52, vnq -0.03, agg +0.05, gsg +0.01"
+ },
+ "leifx": {
+  "sym": "leifx",
+  "name": "Federated Hermes Strategic Dividend Growth Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011145171168064655,
+  "alpha_t_5y": -0.5813258205381727,
+  "alpha_t_full": -0.2942343341220501,
+  "r2_5y": 0.9038992207759781,
+  "r2_full": 0.9368556667282011,
+  "corr_portfolio": 0.39229060348301764,
+  "corr_benchmark": 0.5185390288544631,
+  "alpha_pos_frac": 0.4765957446808511,
+  "fund_max_dd": -0.49380361131732664,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.31, qqq -0.65, iwm +0.16, vnq +0.10, tlt -0.05, gsg +0.03",
+  "ref_full": "ivv +1.01, qqq -0.34, iwm +0.14, efa +0.12, fxe -0.07, vwo -0.04"
+ },
+ "lfeax": {
+  "sym": "lfeax",
+  "name": "MFS Lifetime 2035 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00810592493913384,
+  "alpha_t_5y": -0.9078733237445018,
+  "alpha_t_full": -0.7120522987356783,
+  "r2_5y": 0.9617975246575319,
+  "r2_full": 0.9628941376966368,
+  "corr_portfolio": 0.33712404190099166,
+  "corr_benchmark": 0.6410265935339123,
+  "alpha_pos_frac": 0.51875,
+  "fund_max_dd": -0.30299245492571303,
+  "first": "2012-11-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.30, vea +0.17, vnq +0.05, vweax +0.19, iwm +0.08, ief +0.10",
+  "ref_full": "ivv +0.33, vea +0.20, iwm +0.09, vweax +0.19, vnq +0.05, djp +0.03"
+ },
+ "lfgcx": {
+  "sym": "lfgcx",
+  "name": "Lord Abbett Focused Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07296507749932886,
+  "alpha_t_5y": -1.9109376701271135,
+  "alpha_t_full": -1.107708229760193,
+  "r2_5y": 0.8853229055767152,
+  "r2_full": 0.879698554038498,
+  "corr_portfolio": 0.020125010472062194,
+  "corr_benchmark": 0.5882448606888643,
+  "alpha_pos_frac": 0.4588235294117647,
+  "fund_max_dd": -0.4676132506680061,
+  "first": "2019-02-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.06, vnq -0.15, iwm +0.15",
+  "ref_full": "qqq +1.27, ivv -0.39, iwm +0.17, vnq -0.07"
+ },
+ "lfiax": {
+  "sym": "lfiax",
+  "name": "MFS Lifetime 2055 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010140327409987215,
+  "alpha_t_5y": -1.0515231626232309,
+  "alpha_t_full": -0.48484418117760325,
+  "r2_5y": 0.9728216446191726,
+  "r2_full": 0.9747547303158246,
+  "corr_portfolio": 0.34018319479828824,
+  "corr_benchmark": 0.6282786309966735,
+  "alpha_pos_frac": 0.4625,
+  "fund_max_dd": -0.328088596477799,
+  "first": "2012-11-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.39, vea +0.25, iwm +0.11, vnq +0.05, djp +0.04, vweax +0.15",
+  "ref_full": "ivv +0.39, vea +0.25, iwm +0.11, vweax +0.15, djp +0.04, vnq +0.04"
+ },
+ "lfmax": {
+  "sym": "lfmax",
+  "name": "LoCorr Macro Strategies Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02533380985280554,
+  "alpha_t_5y": -0.8284409589955951,
+  "alpha_t_full": -0.010558477618382862,
+  "r2_5y": 0.24735406828018314,
+  "r2_full": 0.10658817937803211,
+  "corr_portfolio": 0.18762605088595855,
+  "corr_benchmark": 0.039934377887464775,
+  "alpha_pos_frac": 0.5027932960893855,
+  "fund_max_dd": -0.23163887121603688,
+  "first": "2011-04-07",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix -0.47, djp +0.12, fxe -0.18, vea +0.07, vweax -0.17",
+  "ref_full": "fxe -0.24, djp +0.05, vmbix -1.03, ief +0.60, vea +0.11, gld +0.04"
+ },
+ "lfrax": {
+  "sym": "lfrax",
+  "name": "Lord Abbett Floating Rate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.018283738950858837,
+  "alpha_t_5y": 2.308127212197313,
+  "alpha_t_full": 1.5235909966465528,
+  "r2_5y": 0.5254170479885021,
+  "r2_full": 0.602318389187813,
+  "corr_portfolio": 0.32732077736856824,
+  "corr_benchmark": 0.22524175846677288,
+  "alpha_pos_frac": 0.5664739884393064,
+  "fund_max_dd": -0.2455127142894945,
+  "first": "2007-12-19",
+  "verdict": "alpha, but correlated with current portfolio",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.30, agg -0.34, vblix +0.40, tlt -0.23",
+  "ref_full": "vweax +0.56, ief -0.07, qqq -0.01"
+ },
+ "lftlx": {
+  "sym": "lftlx",
+  "name": "MFS Lifetime 2065 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013017456192708558,
+  "alpha_t_5y": -1.1661025589173846,
+  "alpha_t_full": -1.1661025589173846,
+  "r2_5y": 0.9694321481570181,
+  "r2_full": 0.9694321481570181,
+  "corr_portfolio": 0.17111669597552215,
+  "corr_benchmark": 0.6918577769280655,
+  "alpha_pos_frac": 0.48148148148148145,
+  "fund_max_dd": -0.23564209915398082,
+  "first": "2021-09-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.38, vea +0.26, iwm +0.11, vnq +0.06, djp +0.04, vweax +0.14",
+  "ref_full": "ivv +0.38, vea +0.26, iwm +0.11, vnq +0.06, djp +0.04, vweax +0.14"
+ },
+ "lgcax": {
+  "sym": "lgcax",
+  "name": "Lord Abbett Global Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01648863254983225,
+  "alpha_t_5y": -1.0526271278660009,
+  "alpha_t_full": -0.6837751003386713,
+  "r2_5y": 0.9509409237906208,
+  "r2_full": 0.9576162202148979,
+  "corr_portfolio": 0.27223123424218953,
+  "corr_benchmark": 0.6330368130284624,
+  "alpha_pos_frac": 0.42201834862385323,
+  "fund_max_dd": -0.32907352389426203,
+  "first": "2017-01-19",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.57, vea +0.26, vwo +0.11, vnq -0.07, iwm +0.05, qqq +0.07",
+  "ref_full": "ivv +0.43, vea +0.30, qqq +0.12, vwo +0.09, iwm +0.07, vnq -0.04"
+ },
+ "lgilx": {
+  "sym": "lgilx",
+  "name": "Schwab Select Large Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06031429083133359,
+  "alpha_t_5y": -2.9678473388772026,
+  "alpha_t_full": -1.6511033586345256,
+  "r2_5y": 0.9552927238188746,
+  "r2_full": 0.9390683014196639,
+  "corr_portfolio": 0.14212965668676317,
+  "corr_benchmark": 0.61929848624319,
+  "alpha_pos_frac": 0.5326460481099656,
+  "fund_max_dd": -0.677379595633125,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.78, ivv +0.33, iwm -0.05, vweax +0.13",
+  "ref_full": "qqq +0.64, ivv +0.40, vweax +0.08, agg +0.07, vnq -0.02"
+ },
+ "lglax": {
+  "sym": "lglax",
+  "name": "Lord Abbett Growth Leaders Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.074886904053722,
+  "alpha_t_5y": -2.1695722984834904,
+  "alpha_t_full": -1.810098375087021,
+  "r2_5y": 0.902044460909029,
+  "r2_full": 0.8945116216017204,
+  "corr_portfolio": 0.10990416132530081,
+  "corr_benchmark": 0.5811615410344639,
+  "alpha_pos_frac": 0.5113636363636364,
+  "fund_max_dd": -0.46112997582794335,
+  "first": "2011-06-30",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.03, iwm +0.17, vnq -0.14",
+  "ref_full": "qqq +0.95, iwm +0.17, vnq -0.08, tlt +0.08, vmbix -0.21"
+ },
+ "lglv": {
+  "sym": "lglv",
+  "name": "State Street(R) SPDR(R) US Large Cap Low Volatility Index ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0075534519916101136,
+  "alpha_t_5y": 0.36164419824374894,
+  "alpha_t_full": 1.3431646384523785,
+  "r2_5y": 0.8532239831325535,
+  "r2_full": 0.8230814495395331,
+  "corr_portfolio": 0.32243046503034684,
+  "corr_benchmark": 0.5412799552963252,
+  "alpha_pos_frac": 0.5192307692307693,
+  "fund_max_dd": -0.3663712569753943,
+  "first": "2013-02-22",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.29, ivv +1.14, qqq -0.51, vwo -0.05, iwm -0.05, gsg -0.03",
+  "ref_full": "ivv +1.10, qqq -0.41, vnq +0.23, vwo -0.05, vweax +0.14, iwm -0.05"
+ },
+ "lhcax": {
+  "sym": "lhcax",
+  "name": "Lord Abbett Health Care Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015168040981264806,
+  "alpha_t_5y": -0.2982658822660128,
+  "alpha_t_full": -0.034682285476742236,
+  "r2_5y": 0.5886090183437687,
+  "r2_full": 0.6497220780474025,
+  "corr_portfolio": 0.07420008890840657,
+  "corr_benchmark": 0.5684903030799477,
+  "alpha_pos_frac": 0.43037974683544306,
+  "fund_max_dd": -0.2794117963023308,
+  "first": "2019-08-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.33, ivv +0.38, ief +0.19, gsg -0.05, efa +1.00, vea -0.90",
+  "ref_full": "ivv +0.22, iwm +0.28, ief +0.20, qqq +0.20, efa +1.01, vea -0.92"
+ },
+ "lhiax": {
+  "sym": "lhiax",
+  "name": "Columbia High Yield Municipal Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006330527534346428,
+  "alpha_t_5y": -0.3468047948867806,
+  "alpha_t_full": 0.18337092883628994,
+  "r2_5y": 0.4019720359491068,
+  "r2_full": 0.2940129435901726,
+  "corr_portfolio": 0.05836551918611899,
+  "corr_benchmark": 0.34533180946875963,
+  "alpha_pos_frac": 0.6184971098265896,
+  "fund_max_dd": -0.26271496195536326,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.50, vblix +0.34, ivv -0.10, vnq +0.03, tlt -0.17",
+  "ref_full": "vweax +0.40, ief +0.06, fxy +0.04, agg +0.14, efa -0.03, vnq +0.01"
+ },
+ "lhyax": {
+  "sym": "lhyax",
+  "name": "Lord Abbett High Yield Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010958322832973369,
+  "alpha_t_5y": -1.3419484123671555,
+  "alpha_t_full": 0.4859137420277102,
+  "r2_5y": 0.8482980409781107,
+  "r2_full": 0.7919460332512365,
+  "corr_portfolio": 0.3296646412529174,
+  "corr_benchmark": 0.46734406374935616,
+  "alpha_pos_frac": 0.502127659574468,
+  "fund_max_dd": -0.3165500414674369,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.88, iwm +0.02, vwo +0.02, gsg +0.01, fxe -0.02",
+  "ref_full": "vweax +0.89, ivv +0.04, vnq -0.01, djp +0.01, agg +0.13, ief -0.09"
+ },
+ "libax": {
+  "sym": "libax",
+  "name": "Columbia Total Return Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -7.036663901267751e-05,
+  "alpha_t_5y": -0.010800876011980756,
+  "alpha_t_full": -0.7709642940363578,
+  "r2_5y": 0.9403496392576459,
+  "r2_full": 0.7957848021881915,
+  "corr_portfolio": -0.06831113169640796,
+  "corr_benchmark": 0.6690102484118049,
+  "alpha_pos_frac": 0.4624277456647399,
+  "fund_max_dd": -0.23011676871772457,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.10, vweax +0.31, ivv -0.04, ief +0.32, vmbix +0.27, vblix +0.08",
+  "ref_full": "ief +0.37, vweax +0.30, agg +0.13, vnq +0.01, tlt +0.04, fxy +0.02"
+ },
+ "licax": {
+  "sym": "licax",
+  "name": "Lord Abbett International Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014130569852565871,
+  "alpha_t_5y": -0.8197510201025698,
+  "alpha_t_full": -1.4320858943537604,
+  "r2_5y": 0.9437185888807762,
+  "r2_full": 0.9170988252781144,
+  "corr_portfolio": 0.3651164263172017,
+  "corr_benchmark": 0.5287509263343231,
+  "alpha_pos_frac": 0.484304932735426,
+  "fund_max_dd": -0.5927700521376595,
+  "first": "2007-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.89, vwo +0.15, vnq -0.09, qqq +0.06, djp -0.03, fxy -0.05",
+  "ref_full": "vea +0.55, vwo +0.09, vweax +0.23, vnq -0.05, efa +0.22, qqq +0.05"
+ },
+ "lidax": {
+  "sym": "lidax",
+  "name": "Lord Abbett International Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02311257664285246,
+  "alpha_t_5y": 1.3262102523508863,
+  "alpha_t_full": -0.30278296781176756,
+  "r2_5y": 0.9275663064507702,
+  "r2_full": 0.9183622908521574,
+  "corr_portfolio": 0.4478020802871156,
+  "corr_benchmark": 0.4856312524916206,
+  "alpha_pos_frac": 0.47641509433962265,
+  "fund_max_dd": -0.5142974524039665,
+  "first": "2008-06-24",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.41, qqq -0.23, vea +0.49, ivv +0.22, tlt -0.04, vwo +0.06",
+  "ref_full": "vea +0.45, vweax +0.28, efa +0.35, gsg +0.04, qqq -0.06, vwo +0.07"
+ },
+ "lifax": {
+  "sym": "lifax",
+  "name": "Lord Abbett Inflation Focused Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0022093888699466504,
+  "alpha_t_5y": 0.16723251359905691,
+  "alpha_t_full": -0.4619461740883596,
+  "r2_5y": 0.3716428079982629,
+  "r2_full": 0.4097250897314494,
+  "corr_portfolio": 0.21173617706842604,
+  "corr_benchmark": 0.21583654602026162,
+  "alpha_pos_frac": 0.4682080924855491,
+  "fund_max_dd": -0.18191966488260114,
+  "first": "2011-04-25",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.15, djp +0.06, vmbix +0.11, tlt -0.29, ief +0.27, vblix +0.22",
+  "ref_full": "vweax +0.37, gsg +0.05, tlt -0.12, vmbix +0.24, agg +0.16, qqq -0.02"
+ },
+ "liiax": {
+  "sym": "liiax",
+  "name": "Columbia Select Corporate Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006122837340685275,
+  "alpha_t_5y": -1.12164240791562,
+  "alpha_t_full": -1.0585169373704701,
+  "r2_5y": 0.9566417517146715,
+  "r2_full": 0.8169316981912853,
+  "corr_portfolio": 0.042662000306044695,
+  "corr_benchmark": 0.7343714551849637,
+  "alpha_pos_frac": 0.4508670520231214,
+  "fund_max_dd": -0.21591810605872663,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.65, vweax +0.25, tlt -0.32, agg +0.43, vmbix -0.10",
+  "ref_full": "agg +0.11, vweax +0.51, tlt +0.12, ief +0.23, ivv +0.01, fxy +0.02"
+ },
+ "lisax": {
+  "sym": "lisax",
+  "name": "Lord Abbett Intermediate Tax Free Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015484094799301433,
+  "alpha_t_5y": -1.4774727989860361,
+  "alpha_t_full": 1.0980379470113089,
+  "r2_5y": 0.40791929212934563,
+  "r2_full": 0.2764678518261844,
+  "corr_portfolio": 0.05774612603446026,
+  "corr_benchmark": 0.3390339718906981,
+  "alpha_pos_frac": 0.5838150289017341,
+  "fund_max_dd": -0.1467824913925866,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.29, ief +0.06, ivv -0.04, vblix +0.21, tlt -0.13",
+  "ref_full": "vweax +0.26, ief +0.04, fxy +0.03, agg +0.10, efa -0.02, vnq +0.01"
+ },
+ "litax": {
+  "sym": "litax",
+  "name": "Columbia Intermediate Duration Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014691504380884943,
+  "alpha_t_5y": -1.6761595873466069,
+  "alpha_t_full": 0.664353185378687,
+  "r2_5y": 0.4115848767239024,
+  "r2_full": 0.27658977460574596,
+  "corr_portfolio": 0.042208339708650795,
+  "corr_benchmark": 0.3196906249199756,
+  "alpha_pos_frac": 0.5780346820809249,
+  "fund_max_dd": -0.11144965601794898,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.23, vblix +0.23, ivv -0.09, tlt -0.14, vnq +0.02, qqq +0.03",
+  "ref_full": "vweax +0.23, ief +0.07, fxy +0.03, gsg -0.01, agg +0.07, efa -0.01"
+ },
+ "lldyx": {
+  "sym": "lldyx",
+  "name": "Lord Abbett Short Duration Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0009747649831091795,
+  "alpha_t_5y": 0.12422837065667647,
+  "alpha_t_full": 1.8358977409980894,
+  "r2_5y": 0.5166928565394473,
+  "r2_full": 0.3722912856430385,
+  "corr_portfolio": 0.07260113675410229,
+  "corr_benchmark": 0.31503227493265995,
+  "alpha_pos_frac": 0.4913294797687861,
+  "fund_max_dd": -0.10536036159879458,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.29, vweax +0.13, tlt -0.29, vblix +0.28, ivv -0.03",
+  "ref_full": "vweax +0.24, ief +0.22, tlt -0.07, vnq +0.01, iwm -0.02, agg +0.05"
+ },
+ "lmecx": {
+  "sym": "lmecx",
+  "name": "Western Asset SMASh Series Core Plus Completion Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05642098097641072,
+  "alpha_t_5y": -2.3438135037102246,
+  "alpha_t_full": -2.9974965423282467,
+  "r2_5y": 0.5826061584671717,
+  "r2_full": 0.5066705282220707,
+  "corr_portfolio": 0.1624461064124661,
+  "corr_benchmark": 0.6290138255502976,
+  "alpha_pos_frac": 0.5757575757575758,
+  "fund_max_dd": -0.36975083982776646,
+  "first": "2012-05-24",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.25, efa +0.18, vweax +0.31, vblix +0.23",
+  "ref_full": "agg +0.30, vweax +0.36, vwo +0.06, vblix +0.19, vea +0.07, iwm +0.02"
+ },
+ "lmgax": {
+  "sym": "lmgax",
+  "name": "Lord Abbett Growth Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0783681503144194,
+  "alpha_t_5y": -1.6673672506961288,
+  "alpha_t_full": -1.4016975597484833,
+  "r2_5y": 0.8200730093935171,
+  "r2_full": 0.8359990639715953,
+  "corr_portfolio": 0.1316053822425377,
+  "corr_benchmark": 0.5638942363907654,
+  "alpha_pos_frac": 0.5080906148867314,
+  "fund_max_dd": -0.49959828765678904,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.95, iwm +0.47, ivv -0.40",
+  "ref_full": "ivv +0.19, qqq +0.50, iwm +0.39, vnq -0.04, gld +0.04"
+ },
+ "lmiax": {
+  "sym": "lmiax",
+  "name": "Columbia Massachusetts Intermediate Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.021219541178344365,
+  "alpha_t_5y": -2.3436236818744067,
+  "alpha_t_full": 0.11279207766860884,
+  "r2_5y": 0.3701691070346551,
+  "r2_full": 0.26654768629423664,
+  "corr_portfolio": 0.05225783328662071,
+  "corr_benchmark": 0.3232572113333861,
+  "alpha_pos_frac": 0.5071942446043165,
+  "fund_max_dd": -0.11841038859356534,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.30, ief +0.09, ivv -0.04",
+  "ref_full": "agg +0.09, vweax +0.22, ief +0.06, fxy +0.03, efa -0.02, vnq +0.01"
+ },
+ "lmiyx": {
+  "sym": "lmiyx",
+  "name": "Lord Abbett Micro-Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006962869932821776,
+  "alpha_t_5y": -0.1468536853618882,
+  "alpha_t_full": -0.31863352745484946,
+  "r2_5y": 0.8474071739823632,
+  "r2_full": 0.8074522402103904,
+  "corr_portfolio": 0.11502327115708799,
+  "corr_benchmark": 0.49951009769444865,
+  "alpha_pos_frac": 0.5276595744680851,
+  "fund_max_dd": -0.6719993637327024,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.14, qqq +0.87, ivv -1.07, gsg -0.04",
+  "ref_full": "iwm +1.06, qqq +0.58, ivv -0.61, vnq -0.08, gld +0.04, vweax +0.13"
+ },
+ "lmsfx": {
+  "sym": "lmsfx",
+  "name": "Federated Hermes Municipal Bond Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01644258695120013,
+  "alpha_t_5y": -1.2273685029219197,
+  "alpha_t_full": 0.0025981438562339863,
+  "r2_5y": 0.4072110898455259,
+  "r2_full": 0.2933386889742069,
+  "corr_portfolio": 0.02595858620388842,
+  "corr_benchmark": 0.357904915381168,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.25822225856570447,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.26, vweax +0.31, ivv -0.07, vnq +0.03, tlt -0.15, vmbix +0.09",
+  "ref_full": "agg +0.13, vweax +0.29, ief +0.09, efa -0.03, fxy +0.03, vnq +0.01"
+ },
+ "lmvyx": {
+  "sym": "lmvyx",
+  "name": "Lord Abbett Focused Small Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0189764354570672,
+  "alpha_t_5y": -0.5948655550949781,
+  "alpha_t_full": 0.06553138278029944,
+  "r2_5y": 0.8876989307769341,
+  "r2_full": 0.8762370736830194,
+  "corr_portfolio": 0.34305071842956036,
+  "corr_benchmark": 0.4706579721444059,
+  "alpha_pos_frac": 0.45614035087719296,
+  "fund_max_dd": -0.6257505856091978,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.88, qqq -0.51, ivv +0.74, fxy -0.09, gsg +0.04, vnq -0.07",
+  "ref_full": "iwm +1.03, qqq -0.25, vweax +0.18, tlt -0.04, ivv +0.18, vnq -0.05"
+ },
+ "lnyax": {
+  "sym": "lnyax",
+  "name": "Columbia New York Intermediate Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.020296528763534685,
+  "alpha_t_5y": -2.3861175318977064,
+  "alpha_t_full": 0.3164435155890839,
+  "r2_5y": 0.3802475148628386,
+  "r2_full": 0.2595578550247294,
+  "corr_portfolio": 0.046621831062723905,
+  "corr_benchmark": 0.3157560213426895,
+  "alpha_pos_frac": 0.5549132947976878,
+  "fund_max_dd": -0.11441136232159599,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.20, ief +0.04, ivv -0.04, vblix +0.18, tlt -0.12, vnq +0.01",
+  "ref_full": "vweax +0.22, ief +0.06, fxy +0.03, gsg -0.01, agg +0.08, efa -0.01"
+ },
+ "lphax": {
+  "sym": "lphax",
+  "name": "BlackRock LifePath Dynamic 2045 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00927363748839171,
+  "alpha_t_5y": -0.48730932896076884,
+  "alpha_t_full": -0.2657004210272222,
+  "r2_5y": 0.91539938569057,
+  "r2_full": 0.8622874312749685,
+  "corr_portfolio": 0.3008702985045181,
+  "corr_benchmark": 0.5760610672463166,
+  "alpha_pos_frac": 0.5106382978723404,
+  "fund_max_dd": -0.34376993896702257,
+  "first": "2010-07-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.51, vea +0.29, vwo +0.07, iwm +0.05, ief +0.06",
+  "ref_full": "ivv +0.44, vea +0.33, iwm +0.11, vmbix +0.28, agg -0.82, ief +0.48"
+ },
+ "lpjrx": {
+  "sym": "lpjrx",
+  "name": "BlackRock LifePath Dynamic 2035 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01317184700062549,
+  "alpha_t_5y": -0.8224891272415545,
+  "alpha_t_full": -0.4475822591303188,
+  "r2_5y": 0.9065142327949781,
+  "r2_full": 0.8418629081103771,
+  "corr_portfolio": 0.29253854556778164,
+  "corr_benchmark": 0.596660566123592,
+  "alpha_pos_frac": 0.48936170212765956,
+  "fund_max_dd": -0.2990398620839757,
+  "first": "2010-07-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.38, vea +0.24, ief +0.19, iwm +0.05, vwo +0.05",
+  "ref_full": "ivv +0.35, vea +0.28, iwm +0.10, ief +0.42, agg -0.64, vmbix +0.28"
+ },
+ "lprax": {
+  "sym": "lprax",
+  "name": "BlackRock LifePath Dynamic Retirement Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01045676757618619,
+  "alpha_t_5y": -0.44863706686738125,
+  "alpha_t_full": -0.5643125469224606,
+  "r2_5y": 0.6817804733326149,
+  "r2_full": 0.7615077210351581,
+  "corr_portfolio": 0.21605857393415892,
+  "corr_benchmark": 0.6459216393438382,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.25857110650611626,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.19, agg -0.03, ivv +0.22, iwm +0.05, ief +0.37",
+  "ref_full": "ivv +0.20, ief +0.33, efa +0.10, iwm +0.07, vweax +0.13, fxe +0.05"
+ },
+ "lprdx": {
+  "sym": "lprdx",
+  "name": "BlackRock LifePath Dynamic 2030 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008234868274325477,
+  "alpha_t_5y": -0.5572888524160041,
+  "alpha_t_full": -0.7331993163208055,
+  "r2_5y": 0.8956417630846822,
+  "r2_full": 0.8799296307507509,
+  "corr_portfolio": 0.27651609253370835,
+  "corr_benchmark": 0.6090820592213827,
+  "alpha_pos_frac": 0.6053811659192825,
+  "fund_max_dd": -0.4860593854890858,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.32, vea +0.18, agg +0.33, iwm +0.05, vwo +0.04, fxe +0.05",
+  "ref_full": "ivv +0.28, efa +0.20, vnq +0.06, ief +0.15, vwo +0.07, iwm +0.06"
+ },
+ "lprex": {
+  "sym": "lprex",
+  "name": "BlackRock LifePath Dynamic 2040 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010186195448107529,
+  "alpha_t_5y": -0.5067795260206441,
+  "alpha_t_full": -0.5208574092945765,
+  "r2_5y": 0.8869816945013991,
+  "r2_full": 0.8865812107538189,
+  "corr_portfolio": 0.2901223269320349,
+  "corr_benchmark": 0.5673842823285198,
+  "alpha_pos_frac": 0.5128205128205128,
+  "fund_max_dd": -0.543870470613165,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.45, vea +0.26, vmbix +0.15, vwo +0.06, iwm +0.05",
+  "ref_full": "ivv +0.39, efa +0.24, vnq +0.06, vwo +0.07, iwm +0.07, ief +0.07"
+ },
+ "lprfx": {
+  "sym": "lprfx",
+  "name": "BlackRock Lifepath Dynamic 2050 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0072442423006113185,
+  "alpha_t_5y": -0.34901348174576663,
+  "alpha_t_full": -0.24062153543776546,
+  "r2_5y": 0.9098400168343669,
+  "r2_full": 0.8913351834167961,
+  "corr_portfolio": 0.2900881363272262,
+  "corr_benchmark": 0.5704821694855188,
+  "alpha_pos_frac": 0.5188679245283019,
+  "fund_max_dd": -0.5041649734793802,
+  "first": "2008-07-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.54, vea +0.30, vwo +0.08, iwm +0.06, ief +0.06",
+  "ref_full": "ivv +0.35, efa +0.28, vnq +0.07, vwo +0.08, iwm +0.08, qqq +0.06"
+ },
+ "lpvax": {
+  "sym": "lpvax",
+  "name": "BlackRock LifePath Dynamic 2055 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009362924450509503,
+  "alpha_t_5y": -0.4559646319549829,
+  "alpha_t_full": 0.06624800005069577,
+  "r2_5y": 0.9158149539952067,
+  "r2_full": 0.8599373846095211,
+  "corr_portfolio": 0.298173360369884,
+  "corr_benchmark": 0.5788786536900337,
+  "alpha_pos_frac": 0.5478723404255319,
+  "fund_max_dd": -0.3431915850917141,
+  "first": "2010-07-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.56, vea +0.32, vwo +0.08, iwm +0.05",
+  "ref_full": "ivv +0.24, vea +0.35, iwm +0.10, qqq +0.13, vnq +0.06, agg -0.11"
+ },
+ "lpxax": {
+  "sym": "lpxax",
+  "name": "Cohen & Steers Low Duration Preferred & Income Fund,Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0009177118258305134,
+  "alpha_t_5y": 0.10600103183613407,
+  "alpha_t_full": 0.6389205677933358,
+  "r2_5y": 0.37017406192680147,
+  "r2_full": 0.5380902578574044,
+  "corr_portfolio": 0.2891136404609443,
+  "corr_benchmark": 0.3751051076772553,
+  "alpha_pos_frac": 0.5121951219512195,
+  "fund_max_dd": -0.18137683376025815,
+  "first": "2015-12-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.31, efa +0.03, ivv -0.02",
+  "ref_full": "vweax +0.46, vnq +0.02, qqq -0.03, vwo +0.02, agg +0.19, vmbix -0.20"
+ },
+ "lrscx": {
+  "sym": "lrscx",
+  "name": "Small-Cap Value Series",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01716827898154077,
+  "alpha_t_5y": -0.6359135740874858,
+  "alpha_t_full": -0.06717350380612333,
+  "r2_5y": 0.9118587402462818,
+  "r2_full": 0.9366367502642796,
+  "corr_portfolio": 0.3476919336906812,
+  "corr_benchmark": 0.5021567215304399,
+  "alpha_pos_frac": 0.484304932735426,
+  "fund_max_dd": -0.5402142137618131,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.79, qqq -0.45, ivv +0.66, fxy -0.11, gsg +0.03, vea +0.06",
+  "ref_full": "iwm +0.83, efa +0.02, qqq -0.22, ivv +0.35, tlt -0.09, agg +0.17"
+ },
+ "lsbdx": {
+  "sym": "lsbdx",
+  "name": "Loomis Sayles Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005008604951108609,
+  "alpha_t_5y": 0.631548038352107,
+  "alpha_t_full": 0.19873227966480095,
+  "r2_5y": 0.8453057599974061,
+  "r2_full": 0.7070164370498035,
+  "corr_portfolio": 0.201632702085767,
+  "corr_benchmark": 0.6937249314399467,
+  "alpha_pos_frac": 0.5336322869955157,
+  "fund_max_dd": -0.3058037511360103,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.37, vweax +0.34, vea +0.01, iwm +0.02, fxe +0.03, ief +0.10",
+  "ref_full": "vweax +0.43, efa +0.06, ief +0.16, fxe +0.09, agg +0.17, iwm +0.03"
+ },
+ "lsdax": {
+  "sym": "lsdax",
+  "name": "Lord Abbett Short Duration Tax Free Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016889159718558377,
+  "alpha_t_5y": -3.3917747188610106,
+  "alpha_t_full": -1.0236845073349428,
+  "r2_5y": 0.3812301812079385,
+  "r2_full": 0.294203802062203,
+  "corr_portfolio": 0.08376236556155268,
+  "corr_benchmark": 0.2937897626392271,
+  "alpha_pos_frac": 0.5375722543352601,
+  "fund_max_dd": -0.06581865013307353,
+  "first": "2008-12-15",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.13, ivv -0.02, vblix +0.15, tlt -0.10",
+  "ref_full": "vweax +0.12, agg +0.09, iwm -0.01, vnq +0.01, fxy +0.01, tlt -0.01"
+ },
+ "lsgbx": {
+  "sym": "lsgbx",
+  "name": "Loomis Sayles Global Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011377954502768165,
+  "alpha_t_5y": -1.6367680408583896,
+  "alpha_t_full": 0.36101647180978075,
+  "r2_5y": 0.9312208148622053,
+  "r2_full": 0.8656157356856422,
+  "corr_portfolio": 0.01870983467854544,
+  "corr_benchmark": 0.6030335147357251,
+  "alpha_pos_frac": 0.4649122807017544,
+  "fund_max_dd": -0.2686072118601779,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.23, fxe +0.27, fxy +0.15, vweax +0.20, vwo +0.03, ief +0.27",
+  "ref_full": "fxe +0.30, ief +0.23, vweax +0.25, fxy +0.16, vwo +0.03, agg +0.11"
+ },
+ "lsofx": {
+  "sym": "lsofx",
+  "name": "LS Opportunity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02477428901684041,
+  "alpha_t_5y": -1.4270269686305461,
+  "alpha_t_full": -0.4048282903339891,
+  "r2_5y": 0.8268944644245287,
+  "r2_full": 0.7689921661804213,
+  "corr_portfolio": 0.37356797611815196,
+  "corr_benchmark": 0.48763885009668556,
+  "alpha_pos_frac": 0.5243243243243243,
+  "fund_max_dd": -0.22054974763194923,
+  "first": "2010-10-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.99, qqq -0.49, iwm +0.10, tlt -0.03",
+  "ref_full": "ivv +0.59, qqq -0.21, iwm +0.13, fxy -0.05"
+ },
+ "lssix": {
+  "sym": "lssix",
+  "name": "Loomis Sayles Small Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03645489647445439,
+  "alpha_t_5y": -1.373523793926081,
+  "alpha_t_full": -0.30277720530073426,
+  "r2_5y": 0.9189195915598927,
+  "r2_full": 0.9263004871447847,
+  "corr_portfolio": 0.1987403198528196,
+  "corr_benchmark": 0.5526554035450187,
+  "alpha_pos_frac": 0.46120689655172414,
+  "fund_max_dd": -0.8340778274508409,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.80, qqq +0.30, ivv -0.15, djp -0.03",
+  "ref_full": "iwm +0.80, qqq +0.29, vnq -0.07, ivv -0.09, vweax +0.08"
+ },
+ "lswwx": {
+  "sym": "lswwx",
+  "name": "Loomis Sayles Global Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.028056711183839983,
+  "alpha_t_5y": -1.7201681636645834,
+  "alpha_t_full": -0.5560465176667606,
+  "r2_5y": 0.9221104301809132,
+  "r2_full": 0.9196883838233176,
+  "corr_portfolio": 0.2378265387051347,
+  "corr_benchmark": 0.665888514951919,
+  "alpha_pos_frac": 0.48760330578512395,
+  "fund_max_dd": -0.48281234472919665,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.45, efa +0.15, agg +0.16, vweax +0.27, qqq +0.12, fxe +0.11",
+  "ref_full": "ivv +0.24, efa +0.15, qqq +0.20, vweax +0.30, fxe +0.09, vwo +0.05"
+ },
+ "lsyux": {
+  "sym": "lsyux",
+  "name": "Lord Abbett Short Duration High Yield Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01365769703732521,
+  "alpha_t_5y": 1.7545805916367696,
+  "alpha_t_full": 2.1448299748368265,
+  "r2_5y": 0.8103700821242409,
+  "r2_full": 0.8196365101909047,
+  "corr_portfolio": 0.20796434486020934,
+  "corr_benchmark": 0.49221442439344093,
+  "alpha_pos_frac": 0.5714285714285714,
+  "fund_max_dd": -0.09617822600746839,
+  "first": "2020-04-24",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.78, iwm +0.01, vmbix -0.05, vwo +0.02, fxe -0.03",
+  "ref_full": "vweax +0.79, iwm +0.01, vmbix -0.05, vwo +0.02, fxe -0.03"
+ },
+ "ltebx": {
+  "sym": "ltebx",
+  "name": "LIMITED TERM TAX EXEMPT BOND FUND OF AMERICA",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_t_5y": -1.8948501421689972,
+  "alpha_t_full": 0.7240209595175369,
+  "r2_5y": 0.38358068404139545,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.23, ief +0.08, ivv -0.04, vnq +0.01",
+  "ref_full": "vweax +0.17, ief +0.04, fxy +0.02, agg +0.06, efa -0.02, vnq +0.01"
+ },
+ "ltmax": {
+  "sym": "ltmax",
+  "name": "MFS Lifetime 2045 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011121173432400015,
+  "alpha_t_5y": -1.1742282434541498,
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+  "r2_5y": 0.9719413620016913,
+  "r2_full": 0.9746389011315192,
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+  "alpha_pos_frac": 0.49375,
+  "fund_max_dd": -0.3275450437722994,
+  "first": "2012-11-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.38, vea +0.24, iwm +0.10, vnq +0.06, djp +0.04, vweax +0.16",
+  "ref_full": "ivv +0.39, vea +0.24, iwm +0.11, vweax +0.15, djp +0.04, vnq +0.04"
+ },
+ "ltnyx": {
+  "sym": "ltnyx",
+  "name": "Invesco Rochester Limited Term New York Municipal Fund",
+  "bucket": "all",
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+  "alpha_pos_frac": 0.5618374558303887,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.32, ief +0.09, ivv -0.04",
+  "ref_full": "vweax +0.21, ief +0.03, fxy +0.03, agg +0.08, efa -0.01"
+ },
+ "ltrax": {
+  "sym": "ltrax",
+  "name": "Lord Abbett Total Return Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0050672233870704755,
+  "alpha_t_5y": -1.0200182779500073,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg -0.17, vweax +0.14, ief +0.41, vblix +0.37, tlt -0.20, vmbix +0.21",
+  "ref_full": "ief +0.33, vweax +0.28, agg +0.14, vnq +0.02, tlt +0.04, gld +0.01"
+ },
+ "lttkx": {
+  "sym": "lttkx",
+  "name": "MFS Lifetime 2025 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_pos_frac": 0.5421686746987951,
+  "fund_max_dd": -0.19378169951585233,
+  "first": "2019-01-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.15, agg +0.41, vea +0.08, iwm +0.05, vweax +0.15, djp +0.02",
+  "ref_full": "ivv +0.16, agg +0.31, vweax +0.20, vea +0.08, vnq +0.04, iwm +0.03"
+ },
+ "lubax": {
+  "sym": "lubax",
+  "name": "Lord Abbett Ultra Short Bond Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.0014903343060141542,
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+  "fund_max_dd": -0.024925662778443658,
+  "first": "2016-10-28",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.06, ivv -0.01, ief +0.15, tlt -0.17, vblix +0.21, agg -0.15",
+  "ref_full": "vweax +0.06, efa -0.01, ief +0.09, tlt -0.09, vblix +0.09, vmbix -0.03"
+ },
+ "lutax": {
+  "sym": "lutax",
+  "name": "Columbia U.S. Treasury Index Fund",
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.53, vblix +0.20, ivv -0.02, tlt -0.06, gsg -0.01, vweax +0.04",
+  "ref_full": "ief +0.48, tlt +0.08, vweax +0.03, fxy +0.02, vnq +0.01, djp -0.01"
+ },
+ "lvhd": {
+  "sym": "lvhd",
+  "name": "Franklin U.S. Low Volatility High Dividend Index ETF",
+  "bucket": "all",
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+  "first": "2015-12-30",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.35, ivv +1.07, qqq -0.66, ief +0.09, vwo -0.04",
+  "ref_full": "vnq +0.29, ivv +1.13, qqq -0.64, agg +0.37, vmbix -0.25, fxy +0.05"
+ },
+ "lvhi": {
+  "sym": "lvhi",
+  "name": "Franklin International Low Volatility High Dividend Index ETF",
+  "bucket": "all",
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+  "alpha_pos_frac": 0.5217391304347826,
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+  "first": "2016-07-29",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.70, fxe -0.44, qqq -0.24, ivv +0.19, fxy -0.13, vnq +0.06",
+  "ref_full": "efa +0.73, fxe -0.44, qqq -0.21, ivv +0.16, fxy -0.14, vnq +0.06"
+ },
+ "lvitx": {
+  "sym": "lvitx",
+  "name": "Western Asset Core Plus VIT Portfolio",
+  "bucket": "all",
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+  "first": "2015-05-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +1.02",
+  "ref_full": "agg +0.25, vweax +0.18, ief +0.14, vea +0.03, vblix +0.14, vmbix +0.23"
+ },
+ "lvoax": {
+  "sym": "lvoax",
+  "name": "Lord Abbett Value Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.036388651201545004,
+  "alpha_t_5y": -1.5357280922056993,
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+  "r2_5y": 0.9131497066090266,
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+  "alpha_pos_frac": 0.49586776859504134,
+  "fund_max_dd": -0.4647714033687027,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.55, ivv +0.72, qqq -0.28",
+  "ref_full": "iwm +0.51, ivv +0.50, qqq -0.11, vweax +0.12, tlt -0.05, agg +0.09"
+ },
+ "lzhox": {
+  "sym": "lzhox",
+  "name": "Lazard US High Yield Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0062588381525635756,
+  "alpha_t_5y": -0.9492861783461688,
+  "alpha_t_full": -1.8210564884463283,
+  "r2_5y": 0.8889641375889543,
+  "r2_full": 0.8326867444578885,
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+  "corr_benchmark": 0.48627822259086606,
+  "alpha_pos_frac": 0.5204460966542751,
+  "fund_max_dd": -0.4418837123876732,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.83, iwm +0.01, agg +0.07, ivv +0.02",
+  "ref_full": "vweax +0.82, ivv +0.02, agg +0.08, tlt -0.01"
+ },
+ "maagx": {
+  "sym": "maagx",
+  "name": "MFS Aggressive Growth Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.025126538382242335,
+  "alpha_t_5y": -2.2742053432468574,
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+  "fund_max_dd": -0.5527666992209672,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.43, vea +0.27, vnq +0.07, iwm +0.08, djp +0.03, vweax +0.13",
+  "ref_full": "ivv +0.48, efa +0.23, iwm +0.11, djp +0.04, vwo +0.05, vweax +0.11"
+ },
+ "macfx": {
+  "sym": "macfx",
+  "name": "MFS Conservative Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012742428504703123,
+  "alpha_t_5y": -1.9401656656960447,
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+  "alpha_pos_frac": 0.515695067264574,
+  "fund_max_dd": -0.25724731778190013,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.18, agg +0.34, vea +0.10, vweax +0.17, iwm +0.03, vnq +0.03",
+  "ref_full": "ivv +0.22, ief +0.25, efa +0.10, vweax +0.15, iwm +0.05, djp +0.02"
+ },
+ "madfx": {
+  "sym": "madfx",
+  "name": "Matrix Advisors Dividend Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017153231146031494,
+  "alpha_t_5y": 0.6759308792495943,
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+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.33171465245866794,
+  "first": "2016-10-14",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.38, qqq -0.64, iwm +0.10, vnq +0.07, gsg -0.03",
+  "ref_full": "ivv +1.42, qqq -0.58, iwm +0.07, agg -0.37, vmbix +0.37, djp -0.03"
+ },
+ "magwx": {
+  "sym": "magwx",
+  "name": "MFS Growth Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0251749818737503,
+  "alpha_t_5y": -2.7205342456075003,
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+  "corr_benchmark": 0.6505112144192428,
+  "alpha_pos_frac": 0.5605381165919282,
+  "fund_max_dd": -0.480668923195843,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.35, vea +0.20, vnq +0.07, vweax +0.21, iwm +0.07, djp +0.03",
+  "ref_full": "ivv +0.41, efa +0.20, iwm +0.09, vweax +0.16, djp +0.04, ief +0.09"
+ },
+ "mamax": {
+  "sym": "mamax",
+  "name": "MFS Moderate Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.018683191396353264,
+  "alpha_t_5y": -2.318889738952637,
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+  "r2_5y": 0.9600334157060946,
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+  "corr_portfolio": 0.3028602664995795,
+  "corr_benchmark": 0.7118208313994214,
+  "alpha_pos_frac": 0.49743589743589745,
+  "fund_max_dd": -0.3782485454407841,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.28, vmbix +0.22, vea +0.14, vnq +0.05, vweax +0.18, iwm +0.05",
+  "ref_full": "ivv +0.32, efa +0.14, ief +0.19, iwm +0.07, vweax +0.15, djp +0.03"
+ },
+ "mapax": {
+  "sym": "mapax",
+  "name": "NYLI WMC Value Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.0051112620616358875,
+  "alpha_t_5y": 0.27064737280102474,
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+  "r2_5y": 0.9073213768270605,
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+  "alpha_pos_frac": 0.5531914893617021,
+  "fund_max_dd": -0.5522249541793733,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.25, qqq -0.58, iwm +0.15, vnq +0.06, efa +0.05, gsg +0.02",
+  "ref_full": "ivv +0.93, qqq -0.22, iwm +0.12, efa +0.13, gsg +0.03, fxe -0.05"
+ },
+ "masax": {
+  "sym": "masax",
+  "name": "NYLI MacKay Strategic Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.014461489245899802,
+  "alpha_t_5y": 2.0556400569752307,
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+  "r2_5y": 0.7777870438213081,
+  "r2_full": 0.5663603641269086,
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+  "corr_benchmark": 0.5229773408346721,
+  "alpha_pos_frac": 0.5025641025641026,
+  "fund_max_dd": -0.1872451532599385,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.31, vweax +0.20, vmbix +0.12, qqq -0.02, vea +0.02",
+  "ref_full": "vweax +0.39, agg +0.06, efa +0.03, ief +0.10, vwo +0.02, qqq -0.01"
+ },
+ "masgx": {
+  "sym": "masgx",
+  "name": "MATTHEWS EMERGING MARKETS SUSTAINABLE FUTURE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.024840122738359997,
+  "alpha_t_5y": 0.5347070377444587,
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+  "r2_5y": 0.7414409017735915,
+  "r2_full": 0.6719284343761642,
+  "corr_portfolio": 0.19717149151256882,
+  "corr_benchmark": 0.4469625320746786,
+  "alpha_pos_frac": 0.3923076923076923,
+  "fund_max_dd": -0.33848797021423627,
+  "first": "2015-05-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.97, qqq +0.14, vnq -0.09",
+  "ref_full": "vwo +0.65, qqq +0.14, vweax +0.33, gsg -0.05, gld +0.06, vnq -0.05"
+ },
+ "mbdfx": {
+  "sym": "mbdfx",
+  "name": "AMG GW&K Core Bond ESG Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004036537120898394,
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+  "corr_portfolio": -0.08390690517822925,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.26, vblix +0.11, vmbix +0.22, ief +0.20, vweax +0.05",
+  "ref_full": "ief +0.44, vweax +0.17, agg +0.20, vnq +0.01, fxe +0.02, vwo +0.01"
+ },
+ "mbeqx": {
+  "sym": "mbeqx",
+  "name": "M International Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.012391672893031941,
+  "alpha_t_5y": 0.7842953886218738,
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+  "corr_benchmark": 0.4652211057346978,
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+  "fund_max_dd": -0.6802552231831462,
+  "first": "2007-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.57, vwo +0.22, vweax +0.24, djp +0.03, fxe +0.10, tlt -0.04",
+  "ref_full": "vea +1.08, vweax +0.61, vnq -0.10, fxe +0.17, efa -0.34, tlt -0.05"
+ },
+ "mbovx": {
+  "sym": "mbovx",
+  "name": "M Large Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.031128310039193495,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.50, qqq -0.81, iwm +0.18, vea +0.07, ief -0.07, gsg +0.02",
+  "ref_full": "ivv +1.04, qqq -0.37, iwm +0.19, efa +0.08, vnq -0.04, ief -0.10"
+ },
+ "mbsax": {
+  "sym": "mbsax",
+  "name": "Multisector Bond SMA Completion Portfolio",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.033700329812015296,
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+  "alpha_pos_frac": 0.5394736842105263,
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+  "first": "2019-10-29",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.93, vea +0.07, vweax +0.29, ief -0.20, iwm +0.05, tlt -0.06",
+  "ref_full": "vea +0.07, vmbix +0.68, vweax +0.42, vblix -0.26, iwm +0.07, agg +0.30"
+ },
+ "mcfix": {
+  "sym": "mcfix",
+  "name": "Mercer Core Fixed Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_t_5y": -1.151370648510146,
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+  "r2_5y": 0.9667959163803201,
+  "r2_full": 0.9667959163803201,
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+  "alpha_pos_frac": 0.6065573770491803,
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+  "first": "2021-02-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.28, ief +0.23, vweax +0.08, vmbix +0.20, vblix +0.08, qqq -0.01",
+  "ref_full": "agg +0.28, ief +0.23, vweax +0.08, vmbix +0.20, vblix +0.08, qqq -0.01"
+ },
+ "mcftx": {
+  "sym": "mcftx",
+  "name": "MFS California Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013463373077387259,
+  "alpha_t_5y": -0.8558992066202394,
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+  "alpha_pos_frac": 0.5719844357976653,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.49, ief +0.17, ivv -0.07, vnq +0.03",
+  "ref_full": "vweax +0.34, ief +0.08, fxy +0.04, agg +0.12, gsg -0.01, iwm -0.01"
+ },
+ "mcoax": {
+  "sym": "mcoax",
+  "name": "NYLI MacKay Convertible Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.001316821459277084,
+  "alpha_t_5y": -0.06517491191605382,
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+  "r2_5y": 0.8391902959413704,
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+  "corr_benchmark": 0.5659564203543881,
+  "alpha_pos_frac": 0.5474137931034483,
+  "fund_max_dd": -0.440542790205245,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.31, qqq +0.16, djp +0.05, vwo +0.06, vweax +0.14, vnq -0.04",
+  "ref_full": "ivv +0.16, iwm +0.26, vnq -0.07, vweax +0.30, vwo +0.09, qqq +0.11"
+ },
+ "mcsax": {
+  "sym": "mcsax",
+  "name": "MFS Commodity Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.008312575517093426,
+  "alpha_t_5y": 0.3372406678189929,
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+  "corr_benchmark": 0.1407664368006561,
+  "alpha_pos_frac": 0.4603174603174603,
+  "fund_max_dd": -0.6500197248802138,
+  "first": "2010-06-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "djp +0.82, vmbix +0.06, qqq -0.04, vweax +0.16",
+  "ref_full": "djp +0.82, vweax +0.23, ivv -0.05, gld +0.02"
+ },
+ "mctox": {
+  "sym": "mctox",
+  "name": "Modern Capital Tactical Income Fund",
+  "bucket": "all",
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+  "alpha_pos_frac": 0.5254237288135594,
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+  "first": "2021-04-12",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.76, iwm +0.14, gsg +0.11, vweax +0.40, efa -0.46, fxe -0.14",
+  "ref_full": "vea +0.76, iwm +0.14, gsg +0.11, vweax +0.40, efa -0.46, fxe -0.14"
+ },
+ "mdidx": {
+  "sym": "mdidx",
+  "name": "MFS International Diversification Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0005524588037554249,
+  "alpha_t_5y": -0.03184929964886628,
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+  "r2_5y": 0.9169972757624606,
+  "r2_full": 0.9381177854836585,
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+  "alpha_pos_frac": 0.547085201793722,
+  "fund_max_dd": -0.568029252996271,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.15, vwo +0.19, vweax +0.26, efa +0.45, fxe +0.08",
+  "ref_full": "efa +0.62, vwo +0.12, vweax +0.26, fxe +0.11, qqq +0.04, vnq -0.01"
+ },
+ "mdsix": {
+  "sym": "mdsix",
+  "name": "Integrity Short Term Government Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007315115026977289,
+  "alpha_t_5y": 1.0502654973835417,
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+  "r2_5y": 0.735156369060548,
+  "r2_full": 0.40771345651863966,
+  "corr_portfolio": -0.0833671328390721,
+  "corr_benchmark": 0.43930541211127594,
+  "alpha_pos_frac": 0.3409090909090909,
+  "fund_max_dd": -0.10821569258633934,
+  "first": "2011-07-06",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.26, ief +0.24, tlt -0.05, vweax +0.04, gsg -0.01",
+  "ref_full": "vmbix +0.34, agg +0.06, fxe +0.02"
+ },
+ "mdxbx": {
+  "sym": "mdxbx",
+  "name": "T. Rowe Price Maryland Tax-Free Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007999136794021103,
+  "alpha_t_5y": -0.6008233451115979,
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+  "r2_5y": 0.4040068033538369,
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+  "corr_portfolio": 0.022030906709744655,
+  "corr_benchmark": 0.35438088605954926,
+  "alpha_pos_frac": 0.5838150289017341,
+  "fund_max_dd": -0.14362447884416563,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.32, vblix +0.30, ivv -0.13, tlt -0.17, vnq +0.04, qqq +0.04",
+  "ref_full": "vweax +0.27, ief +0.08, fxy +0.03, agg +0.10, efa -0.03, vnq +0.01"
+ },
+ "mdyg": {
+  "sym": "mdyg",
+  "name": "State Street(R) SPDR(R) S & P 400(TM) Mid Cap Growth ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.019664087290753193,
+  "alpha_t_5y": -0.8131332136298298,
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+  "r2_5y": 0.9226660278043004,
+  "r2_full": 0.868787015797718,
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+  "corr_benchmark": 0.5927476020345379,
+  "alpha_pos_frac": 0.47533632286995514,
+  "fund_max_dd": -0.5909227967000314,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.59, ivv +0.37, vea +0.07",
+  "ref_full": "iwm +0.51, ivv +0.26, vweax +0.21, djp +0.07, qqq +0.12, agg +0.12"
+ },
+ "mdyv": {
+  "sym": "mdyv",
+  "name": "State Street(R) SPDR(R) S & P 400(TM) Mid Cap Value ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.009495462917421368,
+  "alpha_t_5y": 0.41521810093073525,
+  "alpha_t_full": 0.16585990930459302,
+  "r2_5y": 0.9226184528134659,
+  "r2_full": 0.7400980511039399,
+  "corr_portfolio": 0.3515645693783067,
+  "corr_benchmark": 0.5140293360892771,
+  "alpha_pos_frac": 0.4868421052631579,
+  "fund_max_dd": -0.6070828184740074,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.62, vnq +0.09, ief -0.05, qqq -0.53, ivv +0.85, fxy -0.06",
+  "ref_full": "iwm +0.54, vweax +0.46, ivv +0.59, qqq -0.28, djp +0.10, vwo -0.08"
+ },
+ "medhx": {
+  "sym": "medhx",
+  "name": "MFS Emerging Markets Debt Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0006426514086034853,
+  "alpha_t_5y": 0.04428807311603648,
+  "alpha_t_full": 0.5985980416685451,
+  "r2_5y": 0.6457597849724206,
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+  "corr_portfolio": 0.23448457555523777,
+  "corr_benchmark": 0.47946539038293295,
+  "alpha_pos_frac": 0.5433526011560693,
+  "fund_max_dd": -0.2936638599198723,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.73, vblix +0.35, tlt -0.19, ivv -0.07, vwo +0.05, gsg -0.02",
+  "ref_full": "vweax +0.70, agg +0.15, vwo +0.07, qqq -0.04, tlt +0.03, fxe +0.03"
+ },
+ "mefix": {
+  "sym": "mefix",
+  "name": "ClearBridge Emerging Markets Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.043516476431056494,
+  "alpha_t_5y": -1.2372051927524368,
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+  "r2_5y": 0.8432563147392418,
+  "r2_full": 0.8596985568566045,
+  "corr_portfolio": 0.24957286848026347,
+  "corr_benchmark": 0.46812451127821186,
+  "alpha_pos_frac": 0.49612403100775193,
+  "fund_max_dd": -0.4675731870196109,
+  "first": "2015-06-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.82, qqq +0.11, vnq -0.10, vea +1.94, efa -1.72, gld -0.08",
+  "ref_full": "vwo +0.75, qqq +0.12, vea +1.59, efa -1.40, vnq -0.07, djp -0.05"
+ },
+ "meifx": {
+  "sym": "meifx",
+  "name": "MERIDIAN HEDGED EQUITY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.019793628056300194,
+  "alpha_t_5y": -0.6659383176069479,
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+  "r2_5y": 0.7094787171513788,
+  "r2_full": 0.8067975366791746,
+  "corr_portfolio": 0.2013355737663194,
+  "corr_benchmark": 0.505521700256338,
+  "alpha_pos_frac": 0.4782608695652174,
+  "fund_max_dd": -0.5437135947526465,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.45, iwm +0.12, vnq +0.08",
+  "ref_full": "ivv +0.49, iwm +0.14, vwo +0.06, vnq +0.05, qqq +0.05"
+ },
+ "meikx": {
+  "sym": "meikx",
+  "name": "MFS Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0029369143002399463,
+  "alpha_t_5y": -0.15764674075168167,
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+  "r2_5y": 0.8968186182972375,
+  "r2_full": 0.9425059776392979,
+  "corr_portfolio": 0.3872353306134152,
+  "corr_benchmark": 0.5327014067043715,
+  "alpha_pos_frac": 0.5504201680672269,
+  "fund_max_dd": -0.5581791631311439,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.37, qqq -0.65, vnq +0.08, efa +0.08, iwm +0.04",
+  "ref_full": "ivv +1.16, qqq -0.40, efa +0.12, vnq +0.03, gld -0.03, iwm +0.04"
+ },
+ "memax": {
+  "sym": "memax",
+  "name": "MFS Emerging Markets Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00813423227743292,
+  "alpha_t_5y": -0.23138473626678321,
+  "alpha_t_full": -1.0116692673898688,
+  "r2_5y": 0.7466364716961962,
+  "r2_full": 0.8724267299927844,
+  "corr_portfolio": 0.31192719831182886,
+  "corr_benchmark": 0.41746743194859665,
+  "alpha_pos_frac": 0.4956140350877193,
+  "fund_max_dd": -0.6703854572107485,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.81, fxy -0.11, vweax +0.41, agg -0.15, iwm -0.04",
+  "ref_full": "vwo +0.64, vweax +0.40, ief -0.06, efa +0.08, gsg +0.03, fxy -0.06"
+ },
+ "memqx": {
+  "sym": "memqx",
+  "name": "Mercer Emerging Markets Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02738065900126976,
+  "alpha_t_5y": -0.7594045665719803,
+  "alpha_t_full": -1.1798351609277187,
+  "r2_5y": 0.7345913621252835,
+  "r2_full": 0.7714719598796423,
+  "corr_portfolio": 0.3166151938706432,
+  "corr_benchmark": 0.41463306399950794,
+  "alpha_pos_frac": 0.4759036144578313,
+  "fund_max_dd": -0.40090944120685823,
+  "first": "2012-05-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.70, vweax +0.34, agg -0.20, fxe -0.14, vea +0.82, efa -0.73",
+  "ref_full": "vwo +0.61, vweax +0.52, ief -0.17, vea +0.86, efa -0.75, iwm -0.05"
+ },
+ "memux": {
+  "sym": "memux",
+  "name": "Maine Municipal Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.023754512345541406,
+  "alpha_t_5y": -1.6083272323471522,
+  "alpha_t_full": -1.267403579511812,
+  "r2_5y": 0.2767838893024508,
+  "r2_full": 0.2873573568915022,
+  "corr_portfolio": 0.03393714870872268,
+  "corr_benchmark": 0.22897265337227593,
+  "alpha_pos_frac": 0.5764705882352941,
+  "fund_max_dd": -0.144774443774623,
+  "first": "2019-01-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.42, ivv -0.07, ief +0.10",
+  "ref_full": "vweax +0.37, ivv -0.04, fxy +0.06, agg +0.07, vnq +0.03, vea -0.04"
+ },
+ "merdx": {
+  "sym": "merdx",
+  "name": "MERIDIAN GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.096212215205216,
+  "alpha_t_5y": -3.2984113688080483,
+  "alpha_t_full": -1.2481458774801877,
+  "r2_5y": 0.8896221331843185,
+  "r2_full": 0.9177696284599323,
+  "corr_portfolio": 0.2063994031498285,
+  "corr_benchmark": 0.5636630677611772,
+  "alpha_pos_frac": 0.5474137931034483,
+  "fund_max_dd": -0.4845131880557537,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.66, qqq +0.23, djp -0.05, vnq +0.06",
+  "ref_full": "iwm +0.63, qqq +0.12, ivv +0.13, vweax +0.08, gld -0.03, agg +0.07"
+ },
+ "merfx": {
+  "sym": "merfx",
+  "name": "The Merger Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": null,
+  "alpha_t_5y": NaN,
+  "alpha_t_full": 0.6999137760137587,
+  "r2_5y": NaN,
+  "r2_full": 0.42560278761154124,
+  "corr_portfolio": 0.3317244012467536,
+  "corr_benchmark": 0.4009574281228631,
+  "alpha_pos_frac": 0.41566265060240964,
+  "fund_max_dd": -0.15097339477902627,
+  "first": "2007-06-04",
+  "verdict": "no 5y window",
+  "alpha_name": false,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "ivv +0.09, agg +0.25, ief -0.14, vwo +0.05, gld -0.03, fxe -0.05"
+ },
+ "mervx": {
+  "sym": "mervx",
+  "name": "The Merger Fund VL",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0005215462694264114,
+  "alpha_t_5y": 0.04708193442770399,
+  "alpha_t_full": 0.2099717785739385,
+  "r2_5y": 0.1443236339137619,
+  "r2_full": 0.2775864027839662,
+  "corr_portfolio": 0.1901794502253247,
+  "corr_benchmark": 0.3053448446570055,
+  "alpha_pos_frac": 0.5038461538461538,
+  "fund_max_dd": -0.2699530772660991,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.03, ivv +0.03",
+  "ref_full": "ivv +0.07, vwo +0.08, gld -0.04, agg +0.30, ief -0.22, fxe -0.06"
+ },
+ "mfaax": {
+  "sym": "mfaax",
+  "name": "AMERICAN FUNDS MORTGAGE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 6.90981119971243e-05,
+  "alpha_t_5y": 0.010199788815329727,
+  "alpha_t_full": -0.6021545365002798,
+  "r2_5y": 0.9313076439851653,
+  "r2_full": 0.8915051369128443,
+  "corr_portfolio": -0.1133606170322778,
+  "corr_benchmark": 0.6183717601680772,
+  "alpha_pos_frac": 0.4046242774566474,
+  "fund_max_dd": -0.15989391614510573,
+  "first": "2010-11-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.58, ief +0.41, tlt -0.18, vblix +0.16, qqq -0.02, vweax +0.08",
+  "ref_full": "vmbix +0.65, ief +0.31, tlt -0.07, vweax +0.07, qqq -0.01, agg +0.07"
+ },
+ "mfalx": {
+  "sym": "mfalx",
+  "name": "MFS Alabama Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015020719501311439,
+  "alpha_t_5y": -1.0290219535318792,
+  "alpha_t_full": 0.22641121017898477,
+  "r2_5y": 0.38728538380503585,
+  "r2_full": 0.291654060836557,
+  "corr_portfolio": 0.03820187136005199,
+  "corr_benchmark": 0.3587504245002353,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.16205511228176783,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.26, vweax +0.32, ivv -0.08, vnq +0.03, tlt -0.14, vmbix +0.10",
+  "ref_full": "agg +0.13, vweax +0.29, ief +0.08, fxy +0.03, iwm -0.03, vnq +0.01"
+ },
+ "mfarx": {
+  "sym": "mfarx",
+  "name": "MFS Arkansas Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01118857114494527,
+  "alpha_t_5y": -0.7471863325038067,
+  "alpha_t_full": 0.144316083130937,
+  "r2_5y": 0.3839089446915712,
+  "r2_full": 0.2877409922647651,
+  "corr_portfolio": 0.02261714643723891,
+  "corr_benchmark": 0.3525381300141011,
+  "alpha_pos_frac": 0.5838150289017341,
+  "fund_max_dd": -0.14530358069538063,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.28, vweax +0.32, ivv -0.09, vnq +0.03, tlt -0.17, vmbix +0.11",
+  "ref_full": "agg +0.11, vweax +0.27, ief +0.09, fxy +0.03, efa -0.02, vnq +0.01"
+ },
+ "mfbfx": {
+  "sym": "mfbfx",
+  "name": "MFS Corporate Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005380095611075342,
+  "alpha_t_5y": -1.0957358198774478,
+  "alpha_t_full": -0.2733472805605419,
+  "r2_5y": 0.9650103485036748,
+  "r2_full": 0.8335758035221064,
+  "corr_portfolio": 0.01292161194826797,
+  "corr_benchmark": 0.7279598985684987,
+  "alpha_pos_frac": 0.4913294797687861,
+  "fund_max_dd": -0.35031705645616096,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.55, vweax +0.24, ief +0.17, tlt -0.23, agg +0.14, qqq -0.01",
+  "ref_full": "ief +0.29, vweax +0.45, tlt +0.09, agg +0.11, vnq +0.01, fxy +0.02"
+ },
+ "mfcpx": {
+  "sym": "mfcpx",
+  "name": "M Capital Appreciation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01564018471072968,
+  "alpha_t_5y": -0.5839086280863532,
+  "alpha_t_full": -1.5191918024115447,
+  "r2_5y": 0.9333845750713242,
+  "r2_full": 0.9163017958846603,
+  "corr_portfolio": 0.25952942042787197,
+  "corr_benchmark": 0.5559764298087186,
+  "alpha_pos_frac": 0.5560538116591929,
+  "fund_max_dd": -0.6300034699676369,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.82, ivv +0.29, vwo +0.06, vnq -0.06, fxy -0.08, vea +0.08",
+  "ref_full": "iwm +0.81, qqq +0.19, djp +0.06, vnq -0.06, vweax +0.17, efa +0.07"
+ },
+ "mfegx": {
+  "sym": "mfegx",
+  "name": "MFS Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05029265943767916,
+  "alpha_t_5y": -2.5164958900659613,
+  "alpha_t_full": -1.5821539624798404,
+  "r2_5y": 0.9495804915949356,
+  "r2_full": 0.9509199514253499,
+  "corr_portfolio": 0.15407008501252803,
+  "corr_benchmark": 0.6176694541780383,
+  "alpha_pos_frac": 0.5086206896551724,
+  "fund_max_dd": -0.7242210955224545,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.62, ivv +0.51, iwm -0.09, djp -0.03",
+  "ref_full": "qqq +0.54, ivv +0.48, vnq -0.03, gld +0.02, tlt +0.02"
+ },
+ "mffsx": {
+  "sym": "mffsx",
+  "name": "MFS Lifetime 2050 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010344334808936557,
+  "alpha_t_5y": -1.0725426868844217,
+  "alpha_t_full": -0.35232623963351545,
+  "r2_5y": 0.9728840269503864,
+  "r2_full": 0.9735212415243667,
+  "corr_portfolio": 0.3395281297320811,
+  "corr_benchmark": 0.628359592181844,
+  "alpha_pos_frac": 0.4918918918918919,
+  "fund_max_dd": -0.32837300052361196,
+  "first": "2010-09-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.39, vea +0.25, iwm +0.11, vnq +0.06, djp +0.04, vweax +0.15",
+  "ref_full": "ivv +0.40, vea +0.24, iwm +0.12, vweax +0.15, djp +0.04, vnq +0.04"
+ },
+ "mfiax": {
+  "sym": "mfiax",
+  "name": "MFS Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00965623039139639,
+  "alpha_t_5y": -0.696765726444016,
+  "alpha_t_full": 0.8229335070726908,
+  "r2_5y": 0.4119023258735657,
+  "r2_full": 0.30437565763417307,
+  "corr_portfolio": 0.040822613253877156,
+  "corr_benchmark": 0.3609649583033511,
+  "alpha_pos_frac": 0.5780346820809249,
+  "fund_max_dd": -0.16063322974906646,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.29, vweax +0.31, ivv -0.08, vnq +0.03, tlt -0.17, vmbix +0.09",
+  "ref_full": "vweax +0.30, ief +0.07, agg +0.13, fxy +0.04, efa -0.03, vnq +0.01"
+ },
+ "mfiox": {
+  "sym": "mfiox",
+  "name": "MFS Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0013191914353779188,
+  "alpha_t_5y": -0.2302330067903502,
+  "alpha_t_full": -0.4594758068170498,
+  "r2_5y": 0.9350439077499302,
+  "r2_full": 0.7571029006412539,
+  "corr_portfolio": 0.030582380696160705,
+  "corr_benchmark": 0.6636251361604526,
+  "alpha_pos_frac": 0.4682080924855491,
+  "fund_max_dd": -0.18492235312769179,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.35, vweax +0.22, ief +0.26, tlt -0.14, qqq -0.01, vmbix +0.07",
+  "ref_full": "agg +0.10, vweax +0.47, ief +0.18, fxe +0.03, tlt +0.05, fxy +0.03"
+ },
+ "mfjax": {
+  "sym": "mfjax",
+  "name": "MFS Lifetime 2060 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010205670763476216,
+  "alpha_t_5y": -1.0344050496211974,
+  "alpha_t_full": -0.520902627195871,
+  "r2_5y": 0.9716268291739765,
+  "r2_full": 0.973878314303267,
+  "corr_portfolio": 0.31285057279273243,
+  "corr_benchmark": 0.6589898590783575,
+  "alpha_pos_frac": 0.4864864864864865,
+  "fund_max_dd": -0.3298350542409729,
+  "first": "2016-12-07",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.39, vea +0.26, iwm +0.11, vnq +0.05, djp +0.04, vweax +0.15",
+  "ref_full": "ivv +0.39, vea +0.25, iwm +0.11, vnq +0.05, djp +0.04, vweax +0.14"
+ },
+ "mfpax": {
+  "sym": "mfpax",
+  "name": "MFS Pennsylvania Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011825102552424714,
+  "alpha_t_5y": -0.8701569735946548,
+  "alpha_t_full": 0.6518484909577549,
+  "r2_5y": 0.38773478142207984,
+  "r2_full": 0.28819130876739096,
+  "corr_portfolio": 0.03650822920090405,
+  "corr_benchmark": 0.3523380155809375,
+  "alpha_pos_frac": 0.6011560693641619,
+  "fund_max_dd": -0.15721166860622415,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.27, vweax +0.33, ivv -0.13, vnq +0.04, tlt -0.14, qqq +0.04",
+  "ref_full": "vweax +0.28, ief +0.07, agg +0.12, iwm -0.02, fxy +0.03, vnq +0.01"
+ },
+ "mfrkx": {
+  "sym": "mfrkx",
+  "name": "MFS Research Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.026353180974111295,
+  "alpha_t_5y": -2.6283231651935144,
+  "alpha_t_full": -0.5961085871392755,
+  "r2_5y": 0.9788232306594025,
+  "r2_full": 0.9818886179604535,
+  "corr_portfolio": 0.2751198803792067,
+  "corr_benchmark": 0.6201147084452369,
+  "alpha_pos_frac": 0.5168067226890757,
+  "fund_max_dd": -0.52229245276682,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.02, qqq -0.04",
+  "ref_full": "ivv +0.87, vwo +0.03, iwm +0.03, qqq +0.05, gsg +0.01, vnq +0.01"
+ },
+ "mfscx": {
+  "sym": "mfscx",
+  "name": "MFS South Carolina Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01521322491707117,
+  "alpha_t_5y": -1.0724025930219434,
+  "alpha_t_full": -0.12488907103416043,
+  "r2_5y": 0.3987355644740691,
+  "r2_full": 0.2935642037477896,
+  "corr_portfolio": 0.03344869803622136,
+  "corr_benchmark": 0.3691486743395041,
+  "alpha_pos_frac": 0.5953757225433526,
+  "fund_max_dd": -0.15904209433700334,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.26, vweax +0.33, ivv -0.07, vnq +0.03, tlt -0.15, vmbix +0.09",
+  "ref_full": "agg +0.13, vweax +0.28, ief +0.08, fxy +0.03, efa -0.02, vnq +0.01"
+ },
+ "mfsmx": {
+  "sym": "mfsmx",
+  "name": "MFS Maryland Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01308715236371411,
+  "alpha_t_5y": -0.9770866537329985,
+  "alpha_t_full": 0.14117664196895427,
+  "r2_5y": 0.4017925647543087,
+  "r2_full": 0.2887426614666705,
+  "corr_portfolio": 0.04800689407078949,
+  "corr_benchmark": 0.35008542214482724,
+  "alpha_pos_frac": 0.5664739884393064,
+  "fund_max_dd": -0.1486639174577573,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.25, vweax +0.31, ivv -0.07, vnq +0.03, tlt -0.14, vmbix +0.09",
+  "ref_full": "vweax +0.29, ief +0.07, agg +0.10, iwm -0.03, vnq +0.02, fxy +0.03"
+ },
+ "mfssx": {
+  "sym": "mfssx",
+  "name": "MFS Massachusetts Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014500662028892495,
+  "alpha_t_5y": -1.0898815541424964,
+  "alpha_t_full": 0.2722377869968252,
+  "r2_5y": 0.3969651021707805,
+  "r2_full": 0.28078005655001137,
+  "corr_portfolio": 0.045540515275922976,
+  "corr_benchmark": 0.3541905040178228,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.15613429643019316,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.40, ief +0.07, ivv -0.12, vnq +0.03, qqq +0.04, vblix +0.05",
+  "ref_full": "vweax +0.29, ief +0.08, agg +0.11, fxy +0.03, gsg -0.01, efa -0.01"
+ },
+ "mfwtx": {
+  "sym": "mfwtx",
+  "name": "MFS Global Total Return Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0012521285509481624,
+  "alpha_t_5y": -0.13400873851390316,
+  "alpha_t_full": 2.529035418749622,
+  "r2_5y": 0.9391294136984274,
+  "r2_full": 0.9452633847082302,
+  "corr_portfolio": 0.3973400121594816,
+  "corr_benchmark": 0.6622511401108665,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.33213192157428795,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.27, vnq +0.03, agg +0.25, ivv +0.49, qqq -0.25, fxe +0.14",
+  "ref_full": "efa +0.25, ivv +0.40, fxy +0.10, qqq -0.13, ief +0.16, fxe +0.13"
+ },
+ "mfwvx": {
+  "sym": "mfwvx",
+  "name": "MFS West Virginia Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012213165938461803,
+  "alpha_t_5y": -0.8686949650105484,
+  "alpha_t_full": 0.07364756889751105,
+  "r2_5y": 0.3917374416626819,
+  "r2_full": 0.301885831247092,
+  "corr_portfolio": 0.0168838892195488,
+  "corr_benchmark": 0.36126085629164495,
+  "alpha_pos_frac": 0.5433526011560693,
+  "fund_max_dd": -0.14323970357783644,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.27, vweax +0.31, ivv -0.07, vmbix +0.10, tlt -0.16, vnq +0.02",
+  "ref_full": "agg +0.11, vweax +0.27, ief +0.10, iwm -0.02, fxy +0.03, vnq +0.01"
+ },
+ "mgfox": {
+  "sym": "mgfox",
+  "name": "Income Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.011123486245373774,
+  "alpha_t_5y": 1.319603039428817,
+  "alpha_t_full": 1.709585705772589,
+  "r2_5y": 0.5783689951864455,
+  "r2_full": 0.5443452460539515,
+  "corr_portfolio": 0.1175539403175502,
+  "corr_benchmark": 0.5305769152874877,
+  "alpha_pos_frac": 0.5714285714285714,
+  "fund_max_dd": -0.12019741006691975,
+  "first": "2019-01-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.35, vweax +0.18, fxy +0.02, tlt -0.04, qqq -0.02, vwo +0.02",
+  "ref_full": "vweax +0.27, ief +0.10, fxy +0.04, agg +0.07"
+ },
+ "mghax": {
+  "sym": "mghax",
+  "name": "NYLI Candriam Emerging Markets Debt Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007560592986194042,
+  "alpha_t_5y": -0.3995197403054423,
+  "alpha_t_full": -0.1786660995737021,
+  "r2_5y": 0.5204753876169959,
+  "r2_full": 0.4533100814161999,
+  "corr_portfolio": 0.24351720759190532,
+  "corr_benchmark": 0.46073904306480623,
+  "alpha_pos_frac": 0.5435897435897435,
+  "fund_max_dd": -0.3269400046665226,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.73, vmbix +0.25, vwo +0.04, ivv -0.07, gsg -0.02, vea +0.05",
+  "ref_full": "vweax +0.70, vwo +0.07, agg +0.22, qqq -0.03, fxe +0.03"
+ },
+ "mgiax": {
+  "sym": "mgiax",
+  "name": "MFS International Intrinsic Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007115321910167245,
+  "alpha_t_5y": -0.3177130430003854,
+  "alpha_t_full": 1.3957418808918531,
+  "r2_5y": 0.8855904544124902,
+  "r2_full": 0.9008826746955306,
+  "corr_portfolio": 0.2942403533342004,
+  "corr_benchmark": 0.5773293015583884,
+  "alpha_pos_frac": 0.4723404255319149,
+  "fund_max_dd": -0.5194145628242859,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.68, qqq +0.10, gld +0.07, vweax +0.27, fxe +0.16, gsg -0.02",
+  "ref_full": "efa +0.66, ief +0.13, qqq +0.12, fxe +0.14, vweax +0.19, iwm -0.04"
+ },
+ "mglax": {
+  "sym": "mglax",
+  "name": "MFS Global Real Estate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.038520110655814975,
+  "alpha_t_5y": -2.3558509252974758,
+  "alpha_t_full": -0.92906290375575,
+  "r2_5y": 0.9416460546614466,
+  "r2_full": 0.9260934480989478,
+  "corr_portfolio": 0.2817107060825477,
+  "corr_benchmark": 0.6120320216987074,
+  "alpha_pos_frac": 0.47549019607843135,
+  "fund_max_dd": -0.38549612234965636,
+  "first": "2009-03-12",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.70, vea +0.23, vweax +0.25, ivv -0.07, fxe +0.07",
+  "ref_full": "vnq +0.57, vea +0.27, vweax +0.27, fxe +0.07, ivv -0.07, vwo +0.04"
+ },
+ "mgrax": {
+  "sym": "mgrax",
+  "name": "MFS International Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004369946195322499,
+  "alpha_t_5y": -0.1948715538470533,
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+  "r2_5y": 0.8737018912732062,
+  "r2_full": 0.9201283177710426,
+  "corr_portfolio": 0.3147090461687435,
+  "corr_benchmark": 0.5464630271760532,
+  "alpha_pos_frac": 0.5319148936170213,
+  "fund_max_dd": -0.552866740151589,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.59, vwo +0.15, vweax +0.29, fxe +0.15, gsg -0.03, qqq +0.04",
+  "ref_full": "efa +0.63, vwo +0.11, vweax +0.27, fxe +0.14, qqq +0.06, vnq -0.02"
+ },
+ "mgsex": {
+  "sym": "mgsex",
+  "name": "AMG Veritas Asia Pacific Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006908760193290713,
+  "alpha_t_5y": -0.1387897850760687,
+  "alpha_t_full": -0.19875945585201538,
+  "r2_5y": 0.7183202741808865,
+  "r2_full": 0.8167692465897856,
+  "corr_portfolio": 0.20789473475757803,
+  "corr_benchmark": 0.46895680073660795,
+  "alpha_pos_frac": 0.5381165919282511,
+  "fund_max_dd": -0.6205084885941838,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.78, qqq +0.37, vnq -0.14, iwm +0.15, ivv -0.42, vea +0.18",
+  "ref_full": "iwm +0.62, qqq +0.34, vwo +0.20, ivv -0.23, tlt -0.04, vnq -0.03"
+ },
+ "mgsix": {
+  "sym": "mgsix",
+  "name": "MFS Government Securities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004939457383429671,
+  "alpha_t_5y": -0.9289877269283647,
+  "alpha_t_full": -0.966962047372907,
+  "r2_5y": 0.9515405963083128,
+  "r2_full": 0.8182550090388665,
+  "corr_portfolio": -0.14548801784044005,
+  "corr_benchmark": 0.653086887321985,
+  "alpha_pos_frac": 0.4624277456647399,
+  "fund_max_dd": -0.18416369695853496,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.41, vmbix +0.32, vweax +0.06, ivv -0.02, vblix +0.18, tlt -0.11",
+  "ref_full": "ief +0.44, vweax +0.10, agg +0.11, vnq +0.01, fxy +0.02, tlt +0.02"
+ },
+ "mgvax": {
+  "sym": "mgvax",
+  "name": "NYLI MacKay U.S. Infrastructure Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007895562775875324,
+  "alpha_t_5y": 1.2109616473420397,
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+  "r2_5y": 0.9209066632444608,
+  "r2_full": 0.7019057450618811,
+  "corr_portfolio": -0.1112774913744201,
+  "corr_benchmark": 0.6073090086734083,
+  "alpha_pos_frac": 0.47398843930635837,
+  "fund_max_dd": -0.17242481610992233,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.62, vweax +0.08, ivv -0.03, vblix +0.28, tlt -0.20",
+  "ref_full": "ief +0.45, vweax +0.12, efa +0.02, agg +0.07, djp -0.01, fxy +0.02"
+ },
+ "mhcax": {
+  "sym": "mhcax",
+  "name": "NYLI MacKay High Yield Corporate Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.001504647260038677,
+  "alpha_t_5y": -0.18006475656527035,
+  "alpha_t_full": 1.5077786177590757,
+  "r2_5y": 0.7333636690932162,
+  "r2_full": 0.6138757422236376,
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+  "corr_benchmark": 0.45808889376872775,
+  "alpha_pos_frac": 0.4956896551724138,
+  "fund_max_dd": -0.2938752305540392,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.53, iwm +0.02, djp +0.02, agg +0.06, efa +0.02",
+  "ref_full": "vweax +0.62, efa +0.01, agg +0.10, ief -0.05, djp +0.01, iwm +0.01"
+ },
+ "mhitx": {
+  "sym": "mhitx",
+  "name": "MFS High Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005959385477413794,
+  "alpha_t_5y": -0.547458093453284,
+  "alpha_t_full": -0.3397487837078822,
+  "r2_5y": 0.7610821823938072,
+  "r2_full": 0.7493018248479755,
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+  "corr_benchmark": 0.4250876807984767,
+  "alpha_pos_frac": 0.38144329896907214,
+  "fund_max_dd": -0.36808717635897825,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.94, ivv +0.02",
+  "ref_full": "vweax +0.95, efa +0.02, fxy -0.01, agg +0.12, ief -0.09"
+ },
+ "mhoax": {
+  "sym": "mhoax",
+  "name": "MFS Global High Yield Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0011550669486164046,
+  "alpha_t_5y": 0.10507995744999118,
+  "alpha_t_full": -0.4398728929208111,
+  "r2_5y": 0.6915824270390436,
+  "r2_full": 0.7988073586180493,
+  "corr_portfolio": 0.30456198897159154,
+  "corr_benchmark": 0.3957718541677147,
+  "alpha_pos_frac": 0.47766323024054985,
+  "fund_max_dd": -0.4071365652905,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.83",
+  "ref_full": "vweax +0.91, vwo +0.03, ief -0.11, agg +0.11, qqq -0.01"
+ },
+ "miaax": {
+  "sym": "miaax",
+  "name": "MFS Inflation-Adjusted Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006187459533772183,
+  "alpha_t_5y": -0.468479325830599,
+  "alpha_t_full": -0.7616725486386766,
+  "r2_5y": 0.7253679345999869,
+  "r2_full": 0.6479264738039021,
+  "corr_portfolio": -0.06085626706382225,
+  "corr_benchmark": 0.6136043932592227,
+  "alpha_pos_frac": 0.5404255319148936,
+  "fund_max_dd": -0.16045155675726652,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.25, gsg +0.05, ief +0.47, vweax +0.07",
+  "ref_full": "ief +0.51, gsg +0.04, vweax +0.14, tlt +0.06, agg +0.09, gld +0.02"
+ },
+ "miazx": {
+  "sym": "miazx",
+  "name": "American Funds Multi-Sector Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0032896589982888795,
+  "alpha_t_5y": 0.4911207841675921,
+  "alpha_t_full": 0.47411575356184943,
+  "r2_5y": 0.8834220093462862,
+  "r2_full": 0.8664264662483547,
+  "corr_portfolio": 0.188515737598151,
+  "corr_benchmark": 0.6524867591427497,
+  "alpha_pos_frac": 0.6385542168674698,
+  "fund_max_dd": -0.16540777978717514,
+  "first": "2019-03-25",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.49, vblix +0.47, tlt -0.27, vwo +0.02, vmbix +0.06, qqq -0.01",
+  "ref_full": "vweax +0.57, vblix +0.28, tlt -0.14, ief +0.10, iwm +0.02, qqq -0.01"
+ },
+ "midax": {
+  "sym": "midax",
+  "name": "MFS International New Discovery Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.022009696053413477,
+  "alpha_t_5y": -1.0634391341326996,
+  "alpha_t_full": -0.27427885451965284,
+  "r2_5y": 0.8615021407497228,
+  "r2_full": 0.9123766078976112,
+  "corr_portfolio": 0.33810503095247857,
+  "corr_benchmark": 0.5471006709669395,
+  "alpha_pos_frac": 0.5381165919282511,
+  "fund_max_dd": -0.5859082757343431,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.51, fxy +0.13, vweax +0.35, vwo +0.09, fxe +0.12, qqq +0.03",
+  "ref_full": "efa +0.55, vweax +0.37, vwo +0.14, fxe +0.09, fxy +0.05, gld +0.02"
+ },
+ "midsx": {
+  "sym": "midsx",
+  "name": "Midas Discovery",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0336494177065176,
+  "alpha_t_5y": -0.4141540738662534,
+  "alpha_t_full": -2.3996907792029125,
+  "r2_5y": 0.710623840166112,
+  "r2_full": 0.6617518731795052,
+  "corr_portfolio": 0.07419810240469338,
+  "corr_benchmark": 0.321855252738924,
+  "alpha_pos_frac": 0.515695067264574,
+  "fund_max_dd": -0.8972083614697808,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "gld +1.33, vea +1.80, efa -1.11, qqq -0.11",
+  "ref_full": "gld +1.32, vwo +0.28, efa +0.26, djp +0.14, vweax +0.33"
+ },
+ "mieix": {
+  "sym": "mieix",
+  "name": "MFS International Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.009069874508171831,
+  "alpha_t_5y": 0.4712628801999632,
+  "alpha_t_full": 1.1091735100461397,
+  "r2_5y": 0.908864698939352,
+  "r2_full": 0.9277114222346469,
+  "corr_portfolio": 0.36036571349694957,
+  "corr_benchmark": 0.5241524250062757,
+  "alpha_pos_frac": 0.515695067264574,
+  "fund_max_dd": -0.5313386071776649,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +1.28, fxe +0.15, vea -0.52, vweax +0.23, vwo +0.05",
+  "ref_full": "efa +0.81, vweax +0.27, fxe +0.13, agg -0.13, ief +0.07"
+ },
+ "migfx": {
+  "sym": "migfx",
+  "name": "Massachusetts Investors Growth Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.041446564420645836,
+  "alpha_t_5y": -2.2733856883897956,
+  "alpha_t_full": -0.08325903512965323,
+  "r2_5y": 0.9337494998769241,
+  "r2_full": 0.9551077630641578,
+  "corr_portfolio": 0.24585830162798583,
+  "corr_benchmark": 0.6230312827479214,
+  "alpha_pos_frac": 0.5491329479768786,
+  "fund_max_dd": -0.6203790823370595,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.98, gsg -0.04, vnq +0.06, iwm -0.08, vwo +0.05, vblix +0.03",
+  "ref_full": "ivv +0.74, qqq +0.14, efa +0.09, djp -0.01, agg +0.04"
+ },
+ "mishx": {
+  "sym": "mishx",
+  "name": "AB Municipal Income Shares",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0005400968160706359,
+  "alpha_t_5y": 0.035412226849499,
+  "alpha_t_full": 1.1898654244909743,
+  "r2_5y": 0.42720705376148627,
+  "r2_full": 0.3891161897253508,
+  "corr_portfolio": 0.07425345783766146,
+  "corr_benchmark": 0.36791631091459787,
+  "alpha_pos_frac": 0.5652173913043478,
+  "fund_max_dd": -0.190287122274294,
+  "first": "2012-10-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.41, ief +0.09, ivv -0.08, vnq +0.03, vblix +0.31, tlt -0.20",
+  "ref_full": "vweax +0.25, vblix +0.48, tlt -0.34, fxy +0.04, agg +0.20, vea -0.03"
+ },
+ "missx": {
+  "sym": "missx",
+  "name": "MFS Mississippi Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01595248351462387,
+  "alpha_t_5y": -1.1797972777753547,
+  "alpha_t_full": 0.2183702962009456,
+  "r2_5y": 0.39469891028417026,
+  "r2_full": 0.2931120943937362,
+  "corr_portfolio": 0.043796846835850334,
+  "corr_benchmark": 0.3679095184987909,
+  "alpha_pos_frac": 0.5953757225433526,
+  "fund_max_dd": -0.14610287868826866,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.28, vweax +0.28, ivv -0.07, vnq +0.02, tlt -0.16, vmbix +0.09",
+  "ref_full": "agg +0.10, vweax +0.28, ief +0.09, fxy +0.03, gsg -0.01, iwm -0.01"
+ },
+ "mittx": {
+  "sym": "mittx",
+  "name": "Massachusetts Investors Trust",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.017580161816020613,
+  "alpha_t_5y": -1.5063816243038632,
+  "alpha_t_full": 0.2407241443312579,
+  "r2_5y": 0.9680406883339957,
+  "r2_full": 0.9774787358044549,
+  "corr_portfolio": 0.29394342048664124,
+  "corr_benchmark": 0.6057170728650096,
+  "alpha_pos_frac": 0.48936170212765956,
+  "fund_max_dd": -0.49533912566647176,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.07, qqq -0.13, efa +0.05, iwm -0.03, gsg -0.01",
+  "ref_full": "ivv +0.89, efa +0.10, fxy -0.02, qqq -0.02, gld -0.01"
+ },
+ "miucx": {
+  "sym": "miucx",
+  "name": "MFS Municipal Intermediate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02071423585903324,
+  "alpha_t_5y": -1.8544366123273954,
+  "alpha_t_full": -1.8544366123273954,
+  "r2_5y": 0.3984558288091029,
+  "r2_full": 0.3984558288091029,
+  "corr_portfolio": -0.044368406885342215,
+  "corr_benchmark": 0.38225745246066273,
+  "alpha_pos_frac": 0.5263157894736842,
+  "fund_max_dd": -0.13149310973505723,
+  "first": "2021-05-19",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.22, vweax +0.23, ivv -0.06, vmbix +0.08, tlt -0.13, vnq +0.02",
+  "ref_full": "vblix +0.22, vweax +0.23, ivv -0.06, vmbix +0.08, tlt -0.13, vnq +0.02"
+ },
+ "mkvhx": {
+  "sym": "mkvhx",
+  "name": "MFS International Large Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.04676736653598299,
+  "alpha_t_5y": 2.4945933402521008,
+  "alpha_t_full": 2.2181259093748027,
+  "r2_5y": 0.914298428530791,
+  "r2_full": 0.9130945581873053,
+  "corr_portfolio": 0.33790459233033604,
+  "corr_benchmark": 0.5127451133626689,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.267053612596316,
+  "first": "2020-07-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.81, qqq -0.20, ivv +0.26, fxe +0.18, tlt -0.05, vweax +0.20",
+  "ref_full": "efa +0.81, qqq -0.20, ivv +0.25, fxe +0.17, tlt -0.06, vweax +0.21"
+ },
+ "mlaax": {
+  "sym": "mlaax",
+  "name": "NYLI Winslow Large Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.045564240866689795,
+  "alpha_t_5y": -2.1554075991552484,
+  "alpha_t_full": -1.9549873933345123,
+  "r2_5y": 0.9498475948128402,
+  "r2_full": 0.9438930564254563,
+  "corr_portfolio": 0.15129553297888432,
+  "corr_benchmark": 0.6072017080180797,
+  "alpha_pos_frac": 0.5525291828793775,
+  "fund_max_dd": -0.830086591930398,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.73, ivv +0.37, vnq -0.06",
+  "ref_full": "qqq +0.63, ivv +0.43, vnq -0.03, gld +0.02"
+ },
+ "mlfax": {
+  "sym": "mlfax",
+  "name": "MFS Lifetime 2040 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012222614576332884,
+  "alpha_t_5y": -1.3693116863479886,
+  "alpha_t_full": -0.10118132213986855,
+  "r2_5y": 0.9716097992566827,
+  "r2_full": 0.9631816864831179,
+  "corr_portfolio": 0.3403442129200188,
+  "corr_benchmark": 0.6310227427889278,
+  "alpha_pos_frac": 0.5605381165919282,
+  "fund_max_dd": -0.5520543210285819,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.36, vea +0.21, iwm +0.10, vweax +0.19, vnq +0.06, djp +0.03",
+  "ref_full": "ivv +0.41, efa +0.21, iwm +0.10, vwo +0.06, djp +0.04, vnq +0.04"
+ },
+ "mllax": {
+  "sym": "mllax",
+  "name": "MFS Lifetime Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0037507221495038335,
+  "alpha_t_5y": -0.5842855470608244,
+  "alpha_t_full": -0.1460973061141152,
+  "r2_5y": 0.9300134186556704,
+  "r2_full": 0.912324497940321,
+  "corr_portfolio": 0.2652696110425647,
+  "corr_benchmark": 0.8189736304847942,
+  "alpha_pos_frac": 0.4484304932735426,
+  "fund_max_dd": -0.17014982949128687,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.12, agg +0.09, vweax +0.27, vea +0.06, iwm +0.05, ief +0.23",
+  "ref_full": "ivv +0.13, ief +0.28, vweax +0.23, efa +0.05, iwm +0.05, djp +0.02"
+ },
+ "mlozx": {
+  "sym": "mlozx",
+  "name": "Cohen & Steers Future of Energy Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0792162767420675,
+  "alpha_t_5y": 1.7937895683298715,
+  "alpha_t_full": 0.472786253645229,
+  "r2_5y": 0.6883828865668936,
+  "r2_full": 0.6473697273344696,
+  "corr_portfolio": 0.3150019859671362,
+  "corr_benchmark": 0.3811773111229306,
+  "alpha_pos_frac": 0.5069444444444444,
+  "fund_max_dd": -0.7228605419837566,
+  "first": "2013-12-24",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.20, gsg +0.35, vea +0.26, fxe -0.24, qqq -0.60, ivv +0.93",
+  "ref_full": "iwm +0.30, gsg +0.38, vea +1.40, qqq -0.62, ivv +0.93, efa -1.17"
+ },
+ "mlpnx": {
+  "sym": "mlpnx",
+  "name": "Invesco SteelPath MLP Alpha Plus Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.15371838879114474,
+  "alpha_t_5y": 2.087356134561244,
+  "alpha_t_full": 0.300018370236647,
+  "r2_5y": 0.5427864401788758,
+  "r2_full": 0.47683122167312364,
+  "corr_portfolio": 0.27161437559147467,
+  "corr_benchmark": 0.30427224271166137,
+  "alpha_pos_frac": 0.5411764705882353,
+  "fund_max_dd": -0.8861104912771193,
+  "first": "2012-01-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.32, gsg +0.45, vnq +0.01, tlt -0.06, qqq -0.91, ivv +1.47",
+  "ref_full": "iwm +0.49, gsg +0.55, vweax +0.97, gld -0.15, qqq -0.68, ivv +0.95"
+ },
+ "mlpox": {
+  "sym": "mlpox",
+  "name": "Invesco SteelPath MLP Alpha Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.1139128408000846,
+  "alpha_t_5y": 2.021129068968452,
+  "alpha_t_full": 0.18932562812599005,
+  "r2_5y": 0.54819002405987,
+  "r2_full": 0.44111713696890353,
+  "corr_portfolio": 0.2807528433865705,
+  "corr_benchmark": 0.3055473548983511,
+  "alpha_pos_frac": 0.5392670157068062,
+  "fund_max_dd": -0.7695901426332562,
+  "first": "2010-04-06",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.25, gsg +0.34, vnq +0.00, tlt -0.05, qqq -0.71, ivv +1.15",
+  "ref_full": "iwm +0.31, gsg +0.35, vweax +0.80, fxe -0.28, qqq -0.43, ivv +0.59"
+ },
+ "mlptx": {
+  "sym": "mlptx",
+  "name": "Invesco SteelPath MLP Select 40 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.11870579389711892,
+  "alpha_t_5y": 2.3070282232240356,
+  "alpha_t_full": 0.4512268182117647,
+  "r2_5y": 0.5522088576972242,
+  "r2_full": 0.46732370385732036,
+  "corr_portfolio": 0.28958630942917907,
+  "corr_benchmark": 0.3212154875447154,
+  "alpha_pos_frac": 0.518324607329843,
+  "fund_max_dd": -0.7562165802366865,
+  "first": "2010-04-07",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.29, gsg +0.31, vnq -0.01, qqq -0.62, ivv +0.95",
+  "ref_full": "iwm +0.35, gsg +0.31, vweax +0.79, fxe -0.26, qqq -0.43, ivv +0.54"
+ },
+ "mlpzx": {
+  "sym": "mlpzx",
+  "name": "Invesco SteelPath MLP Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.11897712804991231,
+  "alpha_t_5y": 2.2443593642715856,
+  "alpha_t_full": 0.2258767928017253,
+  "r2_5y": 0.5180585212691717,
+  "r2_full": 0.4400366932079215,
+  "corr_portfolio": 0.2745000022239705,
+  "corr_benchmark": 0.30154532161035347,
+  "alpha_pos_frac": 0.5130890052356021,
+  "fund_max_dd": -0.7750873621803462,
+  "first": "2010-04-06",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.27, gsg +0.30, vnq -0.02, qqq -0.64, ivv +0.99",
+  "ref_full": "iwm +0.34, gsg +0.32, vweax +0.88, qqq -0.46, ivv +0.56, fxe -0.26"
+ },
+ "mltax": {
+  "sym": "mltax",
+  "name": "MFS Lifetime 2030 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009252656854032539,
+  "alpha_t_5y": -1.171971213307879,
+  "alpha_t_full": -0.23180609360947335,
+  "r2_5y": 0.9485612645263175,
+  "r2_full": 0.9258272160935851,
+  "corr_portfolio": 0.3250432882114806,
+  "corr_benchmark": 0.6657507398252157,
+  "alpha_pos_frac": 0.48717948717948717,
+  "fund_max_dd": -0.5318399416003592,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.22, vmbix +0.26, vea +0.11, iwm +0.06, vweax +0.18, vnq +0.05",
+  "ref_full": "ivv +0.26, efa +0.20, vnq +0.07, vwo +0.09, gsg +0.03, iwm +0.06"
+ },
+ "mlvax": {
+  "sym": "mlvax",
+  "name": "MFS Low Volatility Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008183846205143383,
+  "alpha_t_5y": -0.3989325987195398,
+  "alpha_t_full": 0.12923138185318883,
+  "r2_5y": 0.8609236584887551,
+  "r2_full": 0.9145631209697795,
+  "corr_portfolio": 0.3195517291622279,
+  "corr_benchmark": 0.5955720714309721,
+  "alpha_pos_frac": 0.5102040816326531,
+  "fund_max_dd": -0.3414633876065445,
+  "first": "2013-12-09",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.11, qqq -0.36, vnq +0.18, iwm -0.07, gsg -0.03, vwo -0.04",
+  "ref_full": "ivv +1.08, vnq +0.17, qqq -0.26, iwm -0.09, gsg -0.03, vwo -0.03"
+ },
+ "mmgax": {
+  "sym": "mmgax",
+  "name": "MFS Georgia Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01349838762142579,
+  "alpha_t_5y": -0.928363489393802,
+  "alpha_t_full": 0.1464735166085183,
+  "r2_5y": 0.39682254096524205,
+  "r2_full": 0.2866080855690841,
+  "corr_portfolio": 0.04309198045061873,
+  "corr_benchmark": 0.3613439910746954,
+  "alpha_pos_frac": 0.5549132947976878,
+  "fund_max_dd": -0.15847052695296548,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.26, vweax +0.33, ivv -0.08, vnq +0.03, tlt -0.15, vmbix +0.09",
+  "ref_full": "vweax +0.30, ief +0.08, agg +0.12, fxy +0.03, gsg -0.01, iwm -0.01"
+ },
+ "mmgpx": {
+  "sym": "mmgpx",
+  "name": "Discovery Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.2056812798916558,
+  "alpha_t_5y": -1.6207495228113242,
+  "alpha_t_full": -1.437804211550137,
+  "r2_5y": 0.5451796803530586,
+  "r2_full": 0.615154943818321,
+  "corr_portfolio": -0.043805004540106864,
+  "corr_benchmark": 0.493406772278972,
+  "alpha_pos_frac": 0.5408560311284046,
+  "fund_max_dd": -0.8745470952541257,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.85, iwm +1.01, ivv -2.01, vnq +0.27",
+  "ref_full": "qqq +1.01, iwm +0.60, ivv -0.59, agg +0.48"
+ },
+ "mmhyx": {
+  "sym": "mmhyx",
+  "name": "MFS Municipal High Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0033282545103984957,
+  "alpha_t_5y": -0.22028566251791135,
+  "alpha_t_full": 1.082905144352121,
+  "r2_5y": 0.429704559914719,
+  "r2_full": 0.3038661055000157,
+  "corr_portfolio": 0.05806639493438524,
+  "corr_benchmark": 0.3489801098884224,
+  "alpha_pos_frac": 0.6127167630057804,
+  "fund_max_dd": -0.23267098536941822,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.40, ief +0.10, ivv -0.08, vnq +0.03, vblix +0.32, tlt -0.20",
+  "ref_full": "vweax +0.37, ief +0.08, iwm -0.03, agg +0.11, vnq +0.02, fxy +0.03"
+ },
+ "mmufx": {
+  "sym": "mmufx",
+  "name": "MFS Utilities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005195451360680533,
+  "alpha_t_5y": 0.1109225386839056,
+  "alpha_t_full": 0.6858199072425257,
+  "r2_5y": 0.49780456883995483,
+  "r2_full": 0.7306252652896099,
+  "corr_portfolio": 0.2645562463413659,
+  "corr_benchmark": 0.5236412190288204,
+  "alpha_pos_frac": 0.547085201793722,
+  "fund_max_dd": -0.5601020543114601,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.51, vea +0.24, iwm -0.10, agg +0.21, fxe -0.19, gld +0.06",
+  "ref_full": "efa +0.20, vnq +0.08, ivv +0.73, qqq -0.35, agg +0.40, vwo +0.11"
+ },
+ "mncex": {
+  "sym": "mncex",
+  "name": "Mercer Non-US Core Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.014867443983764642,
+  "alpha_t_5y": 0.58263451111847,
+  "alpha_t_full": 0.8895621631206646,
+  "r2_5y": 0.8422413371533497,
+  "r2_full": 0.8733833808962694,
+  "corr_portfolio": 0.37325419427824674,
+  "corr_benchmark": 0.5502652072952683,
+  "alpha_pos_frac": 0.46153846153846156,
+  "fund_max_dd": -0.3278837455433432,
+  "first": "2019-09-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.41, vweax +0.44, vnq -0.02, vea +0.46, iwm -0.06, vmbix -0.16",
+  "ref_full": "vea +0.53, vweax +0.36, iwm -0.07, efa +0.35, vmbix -0.14"
+ },
+ "mndax": {
+  "sym": "mndax",
+  "name": "MFS New Discovery Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06785722328092797,
+  "alpha_t_5y": -2.225400091395999,
+  "alpha_t_full": -0.8745836159539897,
+  "r2_5y": 0.8997115590796595,
+  "r2_full": 0.914590394954803,
+  "corr_portfolio": 0.170527931263082,
+  "corr_benchmark": 0.5759528132248565,
+  "alpha_pos_frac": 0.5129310344827587,
+  "fund_max_dd": -0.6289936005777907,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.74, qqq +0.34, vwo +0.08, djp -0.05, vweax +0.22, ivv -0.18",
+  "ref_full": "iwm +0.71, qqq +0.30, vwo +0.06, vweax +0.13, ivv -0.10, agg +0.06"
+ },
+ "mnrbx": {
+  "sym": "mnrbx",
+  "name": "Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006654404051461891,
+  "alpha_t_5y": -1.0576958025939063,
+  "alpha_t_full": -2.3297768322068717,
+  "r2_5y": 0.864939239244332,
+  "r2_full": 0.44728486057515005,
+  "corr_portfolio": -0.20083925143501813,
+  "corr_benchmark": 0.5407609417336897,
+  "alpha_pos_frac": 0.4824561403508772,
+  "fund_max_dd": -0.3387834661282978,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.50, tlt -0.09, fxy +0.02, qqq -0.01, agg +0.20, gsg -0.01",
+  "ref_full": "ief +0.34, agg +0.10, tlt -0.04, fxy +0.02"
+ },
+ "mnrgx": {
+  "sym": "mnrgx",
+  "name": "Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.020469554986754637,
+  "alpha_t_5y": -0.8685240829982314,
+  "alpha_t_full": -1.1268807571146362,
+  "r2_5y": 0.9106857491805266,
+  "r2_full": 0.9342697404668087,
+  "corr_portfolio": 0.2601146454460685,
+  "corr_benchmark": 0.5975792249847004,
+  "alpha_pos_frac": 0.45739910313901344,
+  "fund_max_dd": -0.5474088511355828,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.13, vnq -0.08, vea -0.07, iwm +0.05",
+  "ref_full": "ivv +0.63, qqq +0.29, iwm +0.08, vnq -0.02"
+ },
+ "mnrmx": {
+  "sym": "mnrmx",
+  "name": "Manor Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005676373907475802,
+  "alpha_t_5y": 0.20856273409260753,
+  "alpha_t_full": -0.9413719637090517,
+  "r2_5y": 0.8703453573184926,
+  "r2_full": 0.9254095436235585,
+  "corr_portfolio": 0.33636152587969614,
+  "corr_benchmark": 0.5620215762836303,
+  "alpha_pos_frac": 0.5201793721973094,
+  "fund_max_dd": -0.49152982771980447,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.92, iwm +0.18, gsg +0.04, vnq -0.09, qqq -0.10, vea +0.06",
+  "ref_full": "ivv +0.88, iwm +0.15, vnq -0.04, djp +0.03, qqq -0.04, vweax +0.05"
+ },
+ "mnwax": {
+  "sym": "mnwax",
+  "name": "MFS Managed Wealth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": null,
+  "alpha_t_5y": NaN,
+  "alpha_t_full": -0.5484335934679436,
+  "r2_5y": NaN,
+  "r2_full": 0.5169603276663669,
+  "corr_portfolio": 0.3456002995566502,
+  "corr_benchmark": 0.4308505913200711,
+  "alpha_pos_frac": 0.5394736842105263,
+  "fund_max_dd": -0.06235307081803876,
+  "first": "2014-07-02",
+  "verdict": "no 5y window",
+  "alpha_name": false,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "ivv +0.17, iwm -0.07, efa +0.08, gsg -0.02, vweax +0.06"
+ },
+ "moat": {
+  "sym": "moat",
+  "name": "VanEck Morningstar Wide Moat ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0057378168208113735,
+  "alpha_t_5y": 0.18735774552601211,
+  "alpha_t_full": 1.039485794880053,
+  "r2_5y": 0.8345242503928728,
+  "r2_full": 0.8631624770312797,
+  "corr_portfolio": 0.25721371933567966,
+  "corr_benchmark": 0.5803344039341476,
+  "alpha_pos_frac": 0.4457831325301205,
+  "fund_max_dd": -0.33309775447917445,
+  "first": "2012-04-26",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.90, vnq +0.13, iwm +0.17, qqq -0.20, vmbix +0.17",
+  "ref_full": "ivv +0.98, iwm +0.18, qqq -0.22, vmbix +0.34, tlt -0.06"
+ },
+ "mofix": {
+  "sym": "mofix",
+  "name": "Mercer Opportunistic Fixed Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007243514458525363,
+  "alpha_t_5y": -0.6715311830066668,
+  "alpha_t_full": -0.6715311830066668,
+  "r2_5y": 0.6899872967988394,
+  "r2_full": 0.6899872967988394,
+  "corr_portfolio": 0.09597879206857933,
+  "corr_benchmark": 0.6499746816875767,
+  "alpha_pos_frac": 0.5245901639344263,
+  "fund_max_dd": -0.1899738846231247,
+  "first": "2021-02-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.45, agg +0.28, fxe +0.08, vwo +0.06, qqq -0.03",
+  "ref_full": "vweax +0.45, agg +0.28, fxe +0.08, vwo +0.06, qqq -0.03"
+ },
+ "moglx": {
+  "sym": "moglx",
+  "name": "Gabelli Media Mogul Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04616433072144982,
+  "alpha_t_5y": -0.995676364439087,
+  "alpha_t_full": -1.0907077397096308,
+  "r2_5y": 0.6273576829769647,
+  "r2_full": 0.7332544812684965,
+  "corr_portfolio": 0.24621880862907888,
+  "corr_benchmark": 0.543323462915558,
+  "alpha_pos_frac": 0.4819277108433735,
+  "fund_max_dd": -0.4575986753864921,
+  "first": "2019-04-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.43, vnq +0.14, efa +0.65, vea -0.49, vweax +0.26",
+  "ref_full": "iwm +0.42, vnq +0.18, efa +0.19, gld -0.06, agg +0.93, ief -0.69"
+ },
+ "montx": {
+  "sym": "montx",
+  "name": "Monetta Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.036716582600335806,
+  "alpha_t_5y": -1.6998716961228948,
+  "alpha_t_full": -1.2838303718972528,
+  "r2_5y": 0.939184106829854,
+  "r2_full": 0.9239848166721566,
+  "corr_portfolio": 0.21841731619562407,
+  "corr_benchmark": 0.587795555640042,
+  "alpha_pos_frac": 0.42105263157894735,
+  "fund_max_dd": -0.674386116984544,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.41, ivv +0.57, iwm +0.14, vnq -0.13, gld +0.04, fxy -0.07",
+  "ref_full": "ivv +0.49, qqq +0.37, iwm +0.13, djp +0.07, vwo +0.06, tlt -0.04"
+ },
+ "mort": {
+  "sym": "mort",
+  "name": "VanEck Mortgage REIT Income ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03075493618362338,
+  "alpha_t_5y": -0.5283598346757593,
+  "alpha_t_full": -0.9268183430139688,
+  "r2_5y": 0.6516125398209742,
+  "r2_full": 0.5436165378084251,
+  "corr_portfolio": 0.2600694928777911,
+  "corr_benchmark": 0.4819310106601174,
+  "alpha_pos_frac": 0.5574712643678161,
+  "fund_max_dd": -0.7013105192180734,
+  "first": "2011-08-18",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.48, vnq +0.42, vmbix +1.00, ief -0.44, qqq -0.13, efa +0.18",
+  "ref_full": "vnq +0.43, vweax +1.08, iwm +0.52, qqq -0.26, agg +0.91, vmbix -0.44"
+ },
+ "motg": {
+  "sym": "motg",
+  "name": "VanEck Morningstar Global Wide Moat ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.018111660145444335,
+  "alpha_t_5y": -0.8921346827289403,
+  "alpha_t_full": -0.12435801656842801,
+  "r2_5y": 0.905621438472436,
+  "r2_full": 0.907635623144627,
+  "corr_portfolio": 0.2759722374625135,
+  "corr_benchmark": 0.638475519029152,
+  "alpha_pos_frac": 0.5454545454545454,
+  "fund_max_dd": -0.3182100949407586,
+  "first": "2018-11-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.41, ivv +0.42, vnq +0.08, iwm +0.07, vwo +0.09, qqq -0.08",
+  "ref_full": "ivv +0.38, efa +0.39, vnq +0.04, vwo +0.05, iwm +0.05, vmbix +0.10"
+ },
+ "moti": {
+  "sym": "moti",
+  "name": "VanEck Morningstar International Moat ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005282844538558983,
+  "alpha_t_5y": -0.15604072976480296,
+  "alpha_t_full": -0.26273071039818724,
+  "r2_5y": 0.784978395696861,
+  "r2_full": 0.7335570966891405,
+  "corr_portfolio": 0.31413539446318167,
+  "corr_benchmark": 0.46236600397976585,
+  "alpha_pos_frac": 0.53125,
+  "fund_max_dd": -0.36695680814492315,
+  "first": "2015-07-15",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +1.43, vwo +0.43, vea -0.93, qqq -0.10, iwm +0.09, fxe +0.17",
+  "ref_full": "efa +0.59, vwo +0.28, qqq -0.09, vweax +0.20, iwm +0.08, fxe +0.10"
+ },
+ "mpblx": {
+  "sym": "mpblx",
+  "name": "BNY Mellon Asset Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011142873722154648,
+  "alpha_t_5y": -1.5289754764110568,
+  "alpha_t_full": -1.9346910990442394,
+  "r2_5y": 0.9779933131406435,
+  "r2_full": 0.9516450155076464,
+  "corr_portfolio": 0.30356474535184985,
+  "corr_benchmark": 0.6389030802175217,
+  "alpha_pos_frac": 0.5201793721973094,
+  "fund_max_dd": -0.3475601561759969,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.46, vea +0.09, iwm +0.09, ief +0.12, vwo +0.04, vweax +0.05",
+  "ref_full": "ivv +0.32, efa +0.10, vweax +0.17, iwm +0.09, ief +0.11, qqq +0.08"
+ },
+ "mqlix": {
+  "sym": "mqlix",
+  "name": "MFS Limited Maturity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0008232166993559757,
+  "alpha_t_5y": 0.13087026857275982,
+  "alpha_t_full": 0.007138850076857519,
+  "r2_5y": 0.6005845562657973,
+  "r2_full": 0.4754763257471072,
+  "corr_portfolio": -0.0016491179864874315,
+  "corr_benchmark": 0.3711911676887714,
+  "alpha_pos_frac": 0.4624277456647399,
+  "fund_max_dd": -0.08488763305466285,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.31, vweax +0.09, tlt -0.22, vblix +0.20, ivv -0.02",
+  "ref_full": "ief +0.23, vweax +0.16, tlt -0.06, fxy +0.02, qqq -0.01, agg +0.04"
+ },
+ "mrbkx": {
+  "sym": "mrbkx",
+  "name": "MFS Total Return Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0017721550243828825,
+  "alpha_t_5y": -0.39065814431827633,
+  "alpha_t_full": -0.2172327256716436,
+  "r2_5y": 0.9618134631943503,
+  "r2_full": 0.8376280236573177,
+  "corr_portfolio": -0.024247344596193824,
+  "corr_benchmark": 0.7131435704013737,
+  "alpha_pos_frac": 0.4624277456647399,
+  "fund_max_dd": -0.18572770035473607,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg -0.04, vweax +0.14, vblix +0.33, ief +0.32, tlt -0.14, vmbix +0.18",
+  "ref_full": "ief +0.33, vweax +0.32, agg +0.11, tlt +0.05, vnq +0.01, fxy +0.02"
+ },
+ "mresx": {
+  "sym": "mresx",
+  "name": "Cromwell CenterSquare Real Estate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00888142768427335,
+  "alpha_t_5y": 0.9965063544164724,
+  "alpha_t_full": 0.9710637674140438,
+  "r2_5y": 0.9870285876027171,
+  "r2_full": 0.984333732491968,
+  "corr_portfolio": 0.2321578792288191,
+  "corr_benchmark": 0.563378091334705,
+  "alpha_pos_frac": 0.44508670520231214,
+  "fund_max_dd": -0.7174363305643854,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +1.05, iwm -0.06, vblix -0.02",
+  "ref_full": "vnq +1.04, agg -0.26, iwm -0.04, ief +0.14, efa +0.03, fxy -0.02"
+ },
+ "mrgax": {
+  "sym": "mrgax",
+  "name": "MFS Core Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01851734520269866,
+  "alpha_t_5y": -2.0198195406262953,
+  "alpha_t_full": -0.46215102316856654,
+  "r2_5y": 0.9827490026796872,
+  "r2_full": 0.9835458847418065,
+  "corr_portfolio": 0.27634311013642404,
+  "corr_benchmark": 0.6188897497389253,
+  "alpha_pos_frac": 0.5058365758754864,
+  "fund_max_dd": -0.5403562390304523,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.89, iwm +0.07, vnq +0.02",
+  "ref_full": "ivv +0.80, iwm +0.09, vwo +0.02, qqq +0.05, vnq +0.02, gsg +0.01"
+ },
+ "mrskx": {
+  "sym": "mrskx",
+  "name": "MFS Research International Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009020006609785802,
+  "alpha_t_5y": -0.5509411280295522,
+  "alpha_t_full": -0.7071257850267549,
+  "r2_5y": 0.9310607609234387,
+  "r2_full": 0.9352755381754442,
+  "corr_portfolio": 0.3581214974209057,
+  "corr_benchmark": 0.5366540658866393,
+  "alpha_pos_frac": 0.5672268907563025,
+  "fund_max_dd": -0.6399014789588952,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.76, vweax +0.21, vwo +0.06, fxe +0.11",
+  "ref_full": "efa +0.76, vweax +0.20, vwo +0.08, fxe +0.10"
+ },
+ "mscgx": {
+  "sym": "mscgx",
+  "name": "Mercer US Small/Mid Cap Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010106927531447643,
+  "alpha_t_5y": -0.5503782430595233,
+  "alpha_t_full": 0.038633884930555355,
+  "r2_5y": 0.9501958378290057,
+  "r2_full": 0.957496155248256,
+  "corr_portfolio": 0.2782281710530694,
+  "corr_benchmark": 0.6015776672938628,
+  "alpha_pos_frac": 0.5783132530120482,
+  "fund_max_dd": -0.41296625208979,
+  "first": "2019-04-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.63, ivv +0.49, qqq -0.18, efa +0.07, gld -0.02, fxy -0.04",
+  "ref_full": "iwm +0.61, ivv +0.44, qqq -0.13, vnq +0.04, efa +0.05, gld -0.03"
+ },
+ "msfrx": {
+  "sym": "msfrx",
+  "name": "MFS Total Return Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0004581798681847952,
+  "alpha_t_5y": 0.039971310646696005,
+  "alpha_t_full": 0.5959351093701197,
+  "r2_5y": 0.9132672738390227,
+  "r2_full": 0.9506513016943732,
+  "corr_portfolio": 0.3683323917778254,
+  "corr_benchmark": 0.6657721745608794,
+  "alpha_pos_frac": 0.5214007782101168,
+  "fund_max_dd": -0.3727951218647938,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.79, qqq -0.39, agg +0.34, iwm +0.06, efa +0.06, vnq +0.04",
+  "ref_full": "ivv +0.67, qqq -0.22, agg +0.14, iwm +0.06, efa +0.06, ief +0.11"
+ },
+ "msggx": {
+  "sym": "msggx",
+  "name": "Meridian Small Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06057771413678826,
+  "alpha_t_5y": -1.9424318043030868,
+  "alpha_t_full": -0.04026226870766838,
+  "r2_5y": 0.8729372444363912,
+  "r2_full": 0.8806761382418618,
+  "corr_portfolio": 0.19653228345622936,
+  "corr_benchmark": 0.5303521303763729,
+  "alpha_pos_frac": 0.5205479452054794,
+  "fund_max_dd": -0.4056165443062063,
+  "first": "2013-12-18",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.77, qqq +0.12, djp -0.04",
+  "ref_full": "iwm +0.83, qqq +0.13, ivv -0.13, vweax +0.12, djp -0.03"
+ },
+ "msncx": {
+  "sym": "msncx",
+  "name": "MFS North Carolina Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013394411748058953,
+  "alpha_t_5y": -0.955658649484482,
+  "alpha_t_full": 0.11041817192109328,
+  "r2_5y": 0.4020054261109799,
+  "r2_full": 0.2876779530608624,
+  "corr_portfolio": 0.048390994087632665,
+  "corr_benchmark": 0.3544622367222928,
+  "alpha_pos_frac": 0.5549132947976878,
+  "fund_max_dd": -0.15249646452010668,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.27, vweax +0.32, ivv -0.07, vnq +0.03, tlt -0.15, vmbix +0.09",
+  "ref_full": "vweax +0.29, ief +0.08, agg +0.11, fxy +0.03, gsg -0.01, efa -0.01"
+ },
+ "msnyx": {
+  "sym": "msnyx",
+  "name": "MFS New York Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012048526711815466,
+  "alpha_t_5y": -0.7712950278076744,
+  "alpha_t_full": 0.1808819933784673,
+  "r2_5y": 0.4040435978499247,
+  "r2_full": 0.22843024741582496,
+  "corr_portfolio": 0.03825837225700997,
+  "corr_benchmark": 0.36868272488606396,
+  "alpha_pos_frac": 0.5895953757225434,
+  "fund_max_dd": -0.17864511320809917,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.26, vweax +0.38, ivv -0.08, vnq +0.03, tlt -0.14, vmbix +0.09",
+  "ref_full": "vweax +0.31, ief +0.06, agg +0.15, efa -0.02, fxy +0.03"
+ },
+ "msoax": {
+  "sym": "msoax",
+  "name": "NYLI WMC Enduring Capital Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015471289908883395,
+  "alpha_t_5y": -0.573103904491447,
+  "alpha_t_full": -1.0117126330062993,
+  "r2_5y": 0.835094377548635,
+  "r2_full": 0.9277609014457103,
+  "corr_portfolio": 0.31599586906236515,
+  "corr_benchmark": 0.5826976480331095,
+  "alpha_pos_frac": 0.6297872340425532,
+  "fund_max_dd": -0.551564023805529,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.16, qqq -0.49, vnq +0.18, iwm +0.11, gsg -0.05",
+  "ref_full": "ivv +0.89, qqq -0.11, iwm +0.08, efa +0.08, vnq +0.03, fxe -0.05"
+ },
+ "mstbx": {
+  "sym": "mstbx",
+  "name": "Morningstar Defensive Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005335373933025219,
+  "alpha_t_5y": 1.2535470475001533,
+  "alpha_t_full": 1.3250764657045986,
+  "r2_5y": 0.7870462961299791,
+  "r2_full": 0.7511682875824298,
+  "corr_portfolio": -0.09222762338952366,
+  "corr_benchmark": 0.5873942176275673,
+  "alpha_pos_frac": 0.5348837209302325,
+  "fund_max_dd": -0.06306496083748692,
+  "first": "2019-01-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.23, tlt -0.08, agg +0.20, vweax +0.04, fxy +0.01, qqq -0.01",
+  "ref_full": "ief +0.26, vweax +0.06, tlt -0.06, agg +0.05, vmbix +0.05, fxy +0.01"
+ },
+ "mstfx": {
+  "sym": "mstfx",
+  "name": "Morningstar International Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.000518688443939701,
+  "alpha_t_5y": -0.03194060741799415,
+  "alpha_t_full": 0.14100950502202456,
+  "r2_5y": 0.9416237261463951,
+  "r2_full": 0.9427760935976904,
+  "corr_portfolio": 0.3481834003496687,
+  "corr_benchmark": 0.5520930028543095,
+  "alpha_pos_frac": 0.4431818181818182,
+  "fund_max_dd": -0.36651986586523566,
+  "first": "2018-11-08",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.23, vwo +0.29, efa +0.44, gsg +0.03, gld -0.04, fxe +0.08",
+  "ref_full": "vea +0.46, vwo +0.27, gld -0.04, qqq -0.12, ivv +0.14, efa +0.26"
+ },
+ "mstgx": {
+  "sym": "mstgx",
+  "name": "Morningstar Global Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0029771631848144924,
+  "alpha_t_5y": 0.23471235787371147,
+  "alpha_t_full": -0.16583547963633893,
+  "r2_5y": 0.8496474216837855,
+  "r2_full": 0.8777318727568876,
+  "corr_portfolio": 0.39633968676694725,
+  "corr_benchmark": 0.6542921591700454,
+  "alpha_pos_frac": 0.5909090909090909,
+  "fund_max_dd": -0.2796213154884577,
+  "first": "2018-11-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.33, vnq +0.08, vblix +0.09, gsg +0.04, vweax +0.17, qqq -0.03",
+  "ref_full": "vea +0.33, vnq +0.10, vweax +0.22, agg +0.51, ief -0.29, gsg +0.04"
+ },
+ "mstpx": {
+  "sym": "mstpx",
+  "name": "Morningstar Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011900097265125177,
+  "alpha_t_5y": -1.1831928778779972,
+  "alpha_t_full": -0.2905744669967842,
+  "r2_5y": 0.3258024355326087,
+  "r2_full": 0.33936823457971,
+  "corr_portfolio": 0.06023607150977809,
+  "corr_benchmark": 0.3602284180579085,
+  "alpha_pos_frac": 0.5227272727272727,
+  "fund_max_dd": -0.10903136070947106,
+  "first": "2018-11-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.15, vweax +0.24, ivv -0.05, vnq +0.02",
+  "ref_full": "vweax +0.24, agg +0.26, iwm -0.04, vnq +0.03, fxy +0.04, ief -0.11"
+ },
+ "mstqx": {
+  "sym": "mstqx",
+  "name": "Morningstar U.S. Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0050898614717066176,
+  "alpha_t_5y": -0.19837400528599927,
+  "alpha_t_full": 0.06940714828897158,
+  "r2_5y": 0.86718346231369,
+  "r2_full": 0.9098074505982138,
+  "corr_portfolio": 0.28865935307024193,
+  "corr_benchmark": 0.610527221674232,
+  "alpha_pos_frac": 0.4772727272727273,
+  "fund_max_dd": -0.3826394269893434,
+  "first": "2018-11-08",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.07, iwm +0.16, qqq -0.26",
+  "ref_full": "ivv +1.04, iwm +0.21, qqq -0.29, vweax +0.09"
+ },
+ "msvax": {
+  "sym": "msvax",
+  "name": "MFS Virginia Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014865073006396364,
+  "alpha_t_5y": -1.0277771303829957,
+  "alpha_t_full": 0.04440140336070756,
+  "r2_5y": 0.40166750668586604,
+  "r2_full": 0.29341151331826365,
+  "corr_portfolio": 0.0410074257904861,
+  "corr_benchmark": 0.3592617062686689,
+  "alpha_pos_frac": 0.5838150289017341,
+  "fund_max_dd": -0.15078391213833298,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.28, vweax +0.32, ivv -0.07, vnq +0.03, tlt -0.16, vmbix +0.10",
+  "ref_full": "vweax +0.30, ief +0.08, agg +0.12, fxy +0.03, gsg -0.01, iwm -0.01"
+ },
+ "mtbax": {
+  "sym": "mtbax",
+  "name": "NYLI MacKay Tax Free Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01722603854201127,
+  "alpha_t_5y": -1.2802590494041284,
+  "alpha_t_full": 0.8503546998072863,
+  "r2_5y": 0.3707250301851607,
+  "r2_full": 0.23028294956048112,
+  "corr_portfolio": 0.04895433019990402,
+  "corr_benchmark": 0.3117556708427996,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.15756058686053198,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.36, vblix +0.25, ivv -0.07, tlt -0.14, vnq +0.02",
+  "ref_full": "vweax +0.29, ief +0.03, fxy +0.03, agg +0.11, gsg -0.01, efa -0.01"
+ },
+ "mtcax": {
+  "sym": "mtcax",
+  "name": "MFS Technology Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.026506946024941535,
+  "alpha_t_5y": -0.9931713253071509,
+  "alpha_t_full": -0.5462343545194108,
+  "r2_5y": 0.9355562279863575,
+  "r2_full": 0.9253496286584105,
+  "corr_portfolio": 0.11863020730276233,
+  "corr_benchmark": 0.5963410669889054,
+  "alpha_pos_frac": 0.4980544747081712,
+  "fund_max_dd": -0.8237184835912401,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.05, vnq -0.06, iwm +0.06",
+  "ref_full": "qqq +0.94, iwm +0.06, vwo +0.03, gsg +0.02"
+ },
+ "mtcgx": {
+  "sym": "mtcgx",
+  "name": "M Large Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04766432521856451,
+  "alpha_t_5y": -1.8404982637627274,
+  "alpha_t_full": -2.3983666554613694,
+  "r2_5y": 0.9191842273319673,
+  "r2_full": 0.924523814695359,
+  "corr_portfolio": 0.17749945161539604,
+  "corr_benchmark": 0.5887721429687378,
+  "alpha_pos_frac": 0.515695067264574,
+  "fund_max_dd": -0.687002029036043,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.60, ivv +0.53, vnq -0.06, vea -0.35, efa +0.30",
+  "ref_full": "qqq +0.57, ivv +0.42, vwo +0.06"
+ },
+ "mtlfx": {
+  "sym": "mtlfx",
+  "name": "MFS Municipal Limited Maturity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012311010943404053,
+  "alpha_t_5y": -1.7119202219654914,
+  "alpha_t_full": 0.8262177196867756,
+  "r2_5y": 0.35439191198721465,
+  "r2_full": 0.2438104568414171,
+  "corr_portfolio": 0.055601718906850804,
+  "corr_benchmark": 0.2971610207231145,
+  "alpha_pos_frac": 0.5229681978798587,
+  "fund_max_dd": -0.08983481078113775,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.24, ief +0.07, ivv -0.03",
+  "ref_full": "vweax +0.16, ief +0.04, fxy +0.02, agg +0.05, gsg -0.01"
+ },
+ "mtrax": {
+  "sym": "mtrax",
+  "name": "NYLI Income Builder Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005571746603196073,
+  "alpha_t_5y": 0.5508078841800207,
+  "alpha_t_full": -0.1814443178953695,
+  "r2_5y": 0.9457556513379105,
+  "r2_full": 0.8607502640834603,
+  "corr_portfolio": 0.36856847268694853,
+  "corr_benchmark": 0.7129337687029124,
+  "alpha_pos_frac": 0.47533632286995514,
+  "fund_max_dd": -0.394416892904464,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.56, vea +0.21, agg +0.39, qqq -0.21, iwm +0.04, vweax +0.10",
+  "ref_full": "ivv +0.29, efa +0.17, agg +0.11, vweax +0.22, tlt +0.06, iwm +0.05"
+ },
+ "mueax": {
+  "sym": "mueax",
+  "name": "MFS Blended Research Core Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.006515480441278428,
+  "alpha_t_5y": 0.6169658789867026,
+  "alpha_t_full": -0.9312888799232975,
+  "r2_5y": 0.9777827288356198,
+  "r2_full": 0.9828488141930622,
+  "corr_portfolio": 0.29953587757080846,
+  "corr_benchmark": 0.6074593206404288,
+  "alpha_pos_frac": 0.4396887159533074,
+  "fund_max_dd": -0.5493505386033902,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.98, ief -0.03, iwm +0.03, vnq -0.02",
+  "ref_full": "ivv +0.95, iwm +0.02, gsg +0.01, qqq +0.02, fxy -0.02, agg +0.03"
+ },
+ "mvalx": {
+  "sym": "mvalx",
+  "name": "MERIDIAN CONTRARIAN FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011204135277130321,
+  "alpha_t_5y": -0.46181804990043035,
+  "alpha_t_full": -0.037755819838793586,
+  "r2_5y": 0.9194062864252394,
+  "r2_full": 0.9318525644267139,
+  "corr_portfolio": 0.28539187167281904,
+  "corr_benchmark": 0.5522631834282212,
+  "alpha_pos_frac": 0.484304932735426,
+  "fund_max_dd": -0.5015239598535404,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.62, ivv +0.31, vea +0.52, fxe -0.11, efa -0.35, qqq -0.08",
+  "ref_full": "iwm +0.59, ivv +0.33, vnq -0.06, vweax +0.13, efa +0.04, gld +0.02"
+ },
+ "mvcax": {
+  "sym": "mvcax",
+  "name": "MFS Mid Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.010404019835258826,
+  "alpha_t_5y": 0.5256832987714232,
+  "alpha_t_full": 0.5660631914114725,
+  "r2_5y": 0.9248265300313151,
+  "r2_full": 0.9476404992746821,
+  "corr_portfolio": 0.3834691698977543,
+  "corr_benchmark": 0.5398883441042209,
+  "alpha_pos_frac": 0.4977578475336323,
+  "fund_max_dd": -0.59894717847924,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.33, vnq +0.08, ivv +1.13, qqq -0.61, vea +0.12, gld -0.04",
+  "ref_full": "ivv +0.82, iwm +0.35, qqq -0.33, efa +0.08, vnq +0.05, vweax +0.12"
+ },
+ "mveix": {
+  "sym": "mveix",
+  "name": "Monteagle Select Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.019887121077291632,
+  "alpha_t_5y": 0.713544752845299,
+  "alpha_t_full": 0.18710493443936446,
+  "r2_5y": 0.8143368978145121,
+  "r2_full": 0.6963532716294274,
+  "corr_portfolio": 0.2671727990757026,
+  "corr_benchmark": 0.3996588954214522,
+  "alpha_pos_frac": 0.4785992217898833,
+  "fund_max_dd": -0.6344483605702842,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.24, ivv +1.00, qqq -0.45, vnq +0.08, agg +0.11",
+  "ref_full": "ivv +0.90, iwm +0.29, qqq -0.35, efa +0.10, gsg +0.04, tlt -0.05"
+ },
+ "mvgax": {
+  "sym": "mvgax",
+  "name": "MFS Low Volatility Global Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.016630629677962618,
+  "alpha_t_5y": 0.9201022400497054,
+  "alpha_t_full": 1.2548918486443987,
+  "r2_5y": 0.8337478136731095,
+  "r2_full": 0.8876088367887064,
+  "corr_portfolio": 0.3671156432313979,
+  "corr_benchmark": 0.5954406095695969,
+  "alpha_pos_frac": 0.5034013605442177,
+  "fund_max_dd": -0.3018741053817767,
+  "first": "2013-12-09",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.23, vnq +0.13, ivv +0.61, qqq -0.21, iwm -0.08, fxy +0.07",
+  "ref_full": "ivv +0.58, efa +0.26, vnq +0.13, iwm -0.10, qqq -0.15, fxy +0.06"
+ },
+ "mwefx": {
+  "sym": "mwefx",
+  "name": "MFS Global Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03888837042935646,
+  "alpha_t_5y": -1.9898680454142443,
+  "alpha_t_full": 0.1317433305189652,
+  "r2_5y": 0.9060127611566429,
+  "r2_full": 0.9418299442951027,
+  "corr_portfolio": 0.3415246808052925,
+  "corr_benchmark": 0.5858993989460842,
+  "alpha_pos_frac": 0.5617021276595745,
+  "fund_max_dd": -0.5182111972004291,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.39, ivv +0.88, qqq -0.34, gsg -0.06, vweax +0.22, fxe +0.13",
+  "ref_full": "efa +0.43, ivv +0.57, qqq -0.12, vweax +0.17, fxe +0.11, gsg -0.03"
+ },
+ "mwofx": {
+  "sym": "mwofx",
+  "name": "MFS Global Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.052444348588713566,
+  "alpha_t_5y": -2.7859942346502007,
+  "alpha_t_full": -1.0367755935954992,
+  "r2_5y": 0.9177952083917901,
+  "r2_full": 0.9460083908127129,
+  "corr_portfolio": 0.2724918535417036,
+  "corr_benchmark": 0.6201686020427634,
+  "alpha_pos_frac": 0.547085201793722,
+  "fund_max_dd": -0.5610081522487622,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.65, efa +0.50, vnq +0.09, vwo +0.11, gsg -0.04, vea -0.37",
+  "ref_full": "ivv +0.47, efa +0.29, vwo +0.06, vweax +0.14, qqq +0.07, fxe +0.08"
+ },
+ "mxccx": {
+  "sym": "mxccx",
+  "name": "Federated Hermes Max-Cap Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011245840915808014,
+  "alpha_t_5y": -1.6802046807817892,
+  "alpha_t_full": -2.4904400386651346,
+  "r2_5y": 0.9909991766408965,
+  "r2_full": 0.9909029276645269,
+  "corr_portfolio": 0.28164085365563,
+  "corr_benchmark": 0.6143525480827162,
+  "alpha_pos_frac": 0.4886731391585761,
+  "fund_max_dd": -0.5533403130854504,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.95, qqq +0.02, iwm +0.01",
+  "ref_full": "ivv +0.96, vnq +0.01, vwo +0.01, qqq +0.02, gsg +0.01, vweax -0.02"
+ },
+ "mxigx": {
+  "sym": "mxigx",
+  "name": "Empower International Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0840930491419281,
+  "alpha_t_5y": -2.2273396236460186,
+  "alpha_t_full": -1.6743816886828045,
+  "r2_5y": 0.7804958966685395,
+  "r2_full": 0.8196487167334661,
+  "corr_portfolio": 0.23829870978608336,
+  "corr_benchmark": 0.5337297636747963,
+  "alpha_pos_frac": 0.5909090909090909,
+  "fund_max_dd": -0.6328326683877019,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.79, qqq +0.38, ivv -0.30, vweax +0.28, fxe +0.14",
+  "ref_full": "efa +0.71, qqq +0.16, vweax +0.30, fxe +0.18, vnq -0.03, gsg -0.02"
+ },
+ "naarx": {
+  "sym": "naarx",
+  "name": "American Funds Retirement Income Portfolio - Conservative",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.002798371987737013,
+  "alpha_t_5y": 0.44615261414905943,
+  "alpha_t_full": 0.7236143418062828,
+  "r2_5y": 0.9469950419168431,
+  "r2_full": 0.9417118439726644,
+  "corr_portfolio": 0.2989441800367642,
+  "corr_benchmark": 0.8134963379469772,
+  "alpha_pos_frac": 0.5317460317460317,
+  "fund_max_dd": -0.15660811975188482,
+  "first": "2015-08-31",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.12, agg +0.24, ivv +0.39, qqq -0.16, djp +0.02, ief +0.23",
+  "ref_full": "vea +0.13, agg +0.01, ivv +0.33, qqq -0.12, ief +0.37, vweax +0.10"
+ },
+ "nacmx": {
+  "sym": "nacmx",
+  "name": "Columbia California Intermediate Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.019420699634956642,
+  "alpha_t_5y": -2.1790373845040154,
+  "alpha_t_full": 0.68238232583319,
+  "r2_5y": 0.37157954110502256,
+  "r2_full": 0.27051905641868024,
+  "corr_portfolio": 0.043295790890780374,
+  "corr_benchmark": 0.33270049719259176,
+  "alpha_pos_frac": 0.5354609929078015,
+  "fund_max_dd": -0.10979002300264618,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.29, ief +0.10, ivv -0.04",
+  "ref_full": "vweax +0.22, ief +0.07, fxy +0.03, gsg -0.01, agg +0.07, efa -0.01"
+ },
+ "nanr": {
+  "sym": "nanr",
+  "name": "State Street(R) SPDR(R) S&P(R) North American Natural Resources ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.04141287194682636,
+  "alpha_t_5y": 0.8016076105409131,
+  "alpha_t_full": 0.4440470808315268,
+  "r2_5y": 0.7199827453059201,
+  "r2_full": 0.7421195597846195,
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+  "corr_benchmark": 0.3883920696888027,
+  "alpha_pos_frac": 0.4016393442622951,
+  "fund_max_dd": -0.4914929593462255,
+  "first": "2015-12-21",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "djp +0.55, vea +1.83, iwm +0.21, qqq -0.77, ivv +1.02, efa -1.40",
+  "ref_full": "vea +0.32, gsg +0.40, gld +0.37, iwm +0.25, qqq -0.56, ivv +0.77"
+ },
+ "napix": {
+  "sym": "napix",
+  "name": "Voya Multi-Manager International Small Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.010826025545506105,
+  "alpha_t_5y": 0.5754270762486018,
+  "alpha_t_full": -0.8631085998401447,
+  "r2_5y": 0.9278681175901782,
+  "r2_full": 0.8892224722262801,
+  "corr_portfolio": 0.3828035762522231,
+  "corr_benchmark": 0.5469650177880592,
+  "alpha_pos_frac": 0.5919282511210763,
+  "fund_max_dd": -0.6835497479017605,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": true,
+  "ref_5y": "vea +0.75, vweax +0.25, djp +0.05, fxe +0.17, iwm +0.05, vwo +0.06",
+  "ref_full": "efa +0.60, vweax +0.47, gld +0.06, vwo +0.08, qqq +0.07, fxe +0.12"
+ },
+ "nbarx": {
+  "sym": "nbarx",
+  "name": "American Funds Retirement Income Portfolio - Moderate",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004237250417232191,
+  "alpha_t_5y": 0.581562064558176,
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+  "r2_5y": 0.9517358626618722,
+  "r2_full": 0.9558224367594255,
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+  "corr_benchmark": 0.7374111133024424,
+  "alpha_pos_frac": 0.49206349206349204,
+  "fund_max_dd": -0.18502935621882088,
+  "first": "2015-08-31",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.48, vmbix +0.12, vea +0.17, qqq -0.17, ief +0.19, djp +0.02",
+  "ref_full": "ivv +0.42, vea +0.17, ief +0.27, qqq -0.13, vweax +0.10, gsg +0.02"
+ },
+ "nbiax": {
+  "sym": "nbiax",
+  "name": "Columbia Capital Allocation Moderate Aggressive Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009717047944715498,
+  "alpha_t_5y": -1.2951371795782007,
+  "alpha_t_full": -1.5680495396610434,
+  "r2_5y": 0.9767831687662262,
+  "r2_full": 0.9664897069624855,
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+  "corr_benchmark": 0.6835078068194935,
+  "alpha_pos_frac": 0.4977578475336323,
+  "fund_max_dd": -0.40741997900150106,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.47, vea +0.11, agg +0.24, vwo +0.07, iwm +0.03, vweax +0.11",
+  "ref_full": "ivv +0.33, efa +0.12, agg +0.17, iwm +0.08, vweax +0.18, qqq +0.08"
+ },
+ "nbngx": {
+  "sym": "nbngx",
+  "name": "SIT MID CAP GROWTH FUND INC",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04639584170685377,
+  "alpha_t_5y": -1.5336186984393205,
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+  "r2_5y": 0.8879390458734852,
+  "r2_full": 0.9266065955362398,
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+  "corr_benchmark": 0.6005250620322223,
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+  "fund_max_dd": -0.7093938787018769,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.18, iwm +0.39, qqq +0.43",
+  "ref_full": "ivv +0.33, iwm +0.34, qqq +0.32, vwo +0.06, djp +0.04, vnq -0.02"
+ },
+ "nbrvx": {
+  "sym": "nbrvx",
+  "name": "Neuberger Mid Cap Intrinsic Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013542838505829864,
+  "alpha_t_5y": -0.5495315406988223,
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+  "r2_5y": 0.9068424735354006,
+  "r2_full": 0.9173054744803053,
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+  "corr_benchmark": 0.5261277782128675,
+  "alpha_pos_frac": 0.4977578475336323,
+  "fund_max_dd": -0.6515275755343999,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.49, ivv +0.87, qqq -0.42, gsg +0.03, vea +0.11, fxy -0.09",
+  "ref_full": "iwm +0.47, ivv +0.79, qqq -0.32, djp +0.09, vwo +0.08, vweax +0.16"
+ },
+ "ncaax": {
+  "sym": "ncaax",
+  "name": "Nuveen California Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0190929931389844,
+  "alpha_t_5y": -1.3955660376714707,
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+  "r2_5y": 0.39342832986310183,
+  "r2_full": 0.24253820880456867,
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+  "corr_benchmark": 0.3610594313851647,
+  "alpha_pos_frac": 0.5371024734982333,
+  "fund_max_dd": -0.17492733497872037,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.47, ief +0.15, ivv -0.06",
+  "ref_full": "vweax +0.30, ief +0.17, fxy +0.03, gsg -0.01"
+ },
+ "ncbgx": {
+  "sym": "ncbgx",
+  "name": "New Covenant Balanced Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009592301266355284,
+  "alpha_t_5y": -2.078347079854301,
+  "alpha_t_full": -1.2987183922818495,
+  "r2_5y": 0.9895063685582861,
+  "r2_full": 0.8743298977891396,
+  "corr_portfolio": 0.2453627938211466,
+  "corr_benchmark": 0.634453461279351,
+  "alpha_pos_frac": 0.6153846153846154,
+  "fund_max_dd": -0.4127239541997887,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.49, vmbix +0.17, iwm +0.07, ief +0.09, qqq +0.03, vweax +0.05",
+  "ref_full": "ivv +0.45, agg +0.19, iwm +0.06, vweax +0.12, fxe +0.06, qqq +0.04"
+ },
+ "ncbix": {
+  "sym": "ncbix",
+  "name": "New Covenant Balanced Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008852247204585289,
+  "alpha_t_5y": -2.13540347367257,
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+  "corr_benchmark": 0.7734445580028494,
+  "alpha_pos_frac": 0.5780346820809249,
+  "fund_max_dd": -0.32186460917610726,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.30, vmbix +0.23, ief +0.24, iwm +0.04, tlt -0.10, vblix +0.09",
+  "ref_full": "ivv +0.29, agg +0.13, vweax +0.16, ief +0.16, iwm +0.04, fxe +0.04"
+ },
+ "ncgfx": {
+  "sym": "ncgfx",
+  "name": "New Covenant Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009489895669184907,
+  "alpha_t_5y": -1.468167074365981,
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+  "r2_5y": 0.9919458746896069,
+  "r2_full": 0.9563132550527017,
+  "corr_portfolio": 0.27681392175362945,
+  "corr_benchmark": 0.6025337991138241,
+  "alpha_pos_frac": 0.5326460481099656,
+  "fund_max_dd": -0.5813334375458721,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.84, iwm +0.11, qqq +0.04, vweax +0.03",
+  "ref_full": "ivv +0.73, vweax +0.17, iwm +0.09, efa +0.08, vnq -0.03, qqq +0.06"
+ },
+ "nchax": {
+  "sym": "nchax",
+  "name": "Nuveen California High Yield Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.022287172051409294,
+  "alpha_t_5y": -1.0037611719026056,
+  "alpha_t_full": -0.21633169477006667,
+  "r2_5y": 0.39074989828622797,
+  "r2_full": 0.21563881147138864,
+  "corr_portfolio": 0.07303664238728719,
+  "corr_benchmark": 0.32271524446858346,
+  "alpha_pos_frac": 0.5838150289017341,
+  "fund_max_dd": -0.397841543462636,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.73, ief +0.09, ivv -0.12, vnq +0.04, vblix +0.09",
+  "ref_full": "vweax +0.51, ief +0.18, fxy +0.06, vnq +0.03, efa -0.03"
+ },
+ "ncicx": {
+  "sym": "ncicx",
+  "name": "New Covenant Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007702814364517291,
+  "alpha_t_5y": -1.8318870968910148,
+  "alpha_t_full": -3.0801912050539615,
+  "r2_5y": 0.953169798274158,
+  "r2_full": 0.710879574168642,
+  "corr_portfolio": -0.06398565563681417,
+  "corr_benchmark": 0.6499833365836933,
+  "alpha_pos_frac": 0.6358381502890174,
+  "fund_max_dd": -0.21117585714599907,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.01, vmbix +0.26, ief +0.44, vweax +0.05, tlt -0.20, vblix +0.19",
+  "ref_full": "ief +0.43, vweax +0.18, agg +0.15, tlt -0.06, vnq +0.01, fxy +0.02"
+ },
+ "ncirx": {
+  "sym": "ncirx",
+  "name": "Nuveen Core Impact Bond Managed Accounts Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0004973023477365572,
+  "alpha_t_5y": -0.07473877518691718,
+  "alpha_t_full": -0.9727268609554912,
+  "r2_5y": 0.9424318204409418,
+  "r2_full": 0.08098750891267148,
+  "corr_portfolio": -0.0343748666498373,
+  "corr_benchmark": 0.22596612090111118,
+  "alpha_pos_frac": 0.9852941176470589,
+  "fund_max_dd": -0.6041785694893618,
+  "first": "2020-07-10",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.44, ief +0.32, vweax +0.18, efa -0.02, tlt -0.12",
+  "ref_full": "agg +1.06"
+ },
+ "nclex": {
+  "sym": "nclex",
+  "name": "NICHOLAS LTD EDITION INC",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06772142081352185,
+  "alpha_t_5y": -2.167473116879907,
+  "alpha_t_full": -0.809411948004945,
+  "r2_5y": 0.8541952605543324,
+  "r2_full": 0.9158989129611651,
+  "corr_portfolio": 0.20661377332384387,
+  "corr_benchmark": 0.5784593120843269,
+  "alpha_pos_frac": 0.5739910313901345,
+  "fund_max_dd": -0.48677847543596364,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.59, ivv +0.31, vnq +0.12, djp -0.06, vea -0.59, efa +0.50",
+  "ref_full": "iwm +0.63, qqq +0.09, ivv +0.15, gsg -0.02, vweax +0.09, vwo -0.03"
+ },
+ "ncoax": {
+  "sym": "ncoax",
+  "name": "Nuveen High Yield Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005020595728745843,
+  "alpha_t_5y": 0.7600837606304213,
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+  "r2_full": 0.8289109817026445,
+  "corr_portfolio": 0.31640160909042697,
+  "corr_benchmark": 0.423969647958734,
+  "alpha_pos_frac": 0.5664739884393064,
+  "fund_max_dd": -0.23049932577752508,
+  "first": "2010-04-29",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.83, iwm +0.02, vmbix -0.06, vblix +0.26, tlt -0.18, gsg +0.01",
+  "ref_full": "vweax +0.93, ivv +0.04, ief -0.03, qqq -0.02"
+ },
+ "nctwx": {
+  "sym": "nctwx",
+  "name": "NICHOLAS II INC",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04996815823165576,
+  "alpha_t_5y": -1.695830300193593,
+  "alpha_t_full": -0.8760200890540465,
+  "r2_5y": 0.8480756826831073,
+  "r2_full": 0.9143496894348158,
+  "corr_portfolio": 0.24851656176619372,
+  "corr_benchmark": 0.5921875179720019,
+  "alpha_pos_frac": 0.521551724137931,
+  "fund_max_dd": -0.4646150667051202,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.71, iwm +0.27, vnq +0.12, gld -0.03, qqq -0.11, djp -0.04",
+  "ref_full": "ivv +0.52, iwm +0.30, vweax +0.10, qqq +0.06, vwo -0.04, efa +0.04"
+ },
+ "ndarx": {
+  "sym": "ndarx",
+  "name": "American Funds Retirement Income Portfolio - Enhanced",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0026006696033969326,
+  "alpha_t_5y": 0.3377755118313294,
+  "alpha_t_full": 0.4296030587220385,
+  "r2_5y": 0.9621533991087974,
+  "r2_full": 0.9656016855081603,
+  "corr_portfolio": 0.34374519607458276,
+  "corr_benchmark": 0.6867942692686523,
+  "alpha_pos_frac": 0.5079365079365079,
+  "fund_max_dd": -0.23620140654224853,
+  "first": "2015-08-31",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.54, vea +0.18, vmbix +0.19, qqq -0.15, vweax +0.10, djp +0.02",
+  "ref_full": "ivv +0.51, vea +0.19, ief +0.18, qqq -0.13, vweax +0.12, gsg +0.02"
+ },
+ "ndvax": {
+  "sym": "ndvax",
+  "name": "MFS New Discovery Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004946056620938158,
+  "alpha_t_5y": 0.21279142739917298,
+  "alpha_t_full": 1.667641797872136,
+  "r2_5y": 0.9243706116978901,
+  "r2_full": 0.9347527249870031,
+  "corr_portfolio": 0.3535439794998781,
+  "corr_benchmark": 0.49632550324751207,
+  "alpha_pos_frac": 0.480225988700565,
+  "fund_max_dd": -0.4405761685202628,
+  "first": "2011-05-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.67, vnq +0.04, qqq -0.57, ivv +0.82, vea +0.11, gld -0.04",
+  "ref_full": "iwm +0.75, vnq +0.05, qqq -0.45, ivv +0.58, ief -0.08, vea +0.05"
+ },
+ "nefjx": {
+  "sym": "nefjx",
+  "name": "Vaughan Nelson Small Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01565770813599579,
+  "alpha_t_5y": 0.5903068253427086,
+  "alpha_t_full": 1.5922808297396047,
+  "r2_5y": 0.9045114562560421,
+  "r2_full": 0.9381328050325735,
+  "corr_portfolio": 0.32576348070799194,
+  "corr_benchmark": 0.5205915259109286,
+  "alpha_pos_frac": 0.5087719298245614,
+  "fund_max_dd": -0.6557731614248759,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.72, ivv +0.62, qqq -0.34, fxy -0.06",
+  "ref_full": "iwm +0.72, ivv +0.42, qqq -0.18, vnq -0.03, djp +0.03, gld -0.02"
+ },
+ "nefox": {
+  "sym": "nefox",
+  "name": "Natixis Oakmark Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02815819863045518,
+  "alpha_t_5y": 0.9844201313524248,
+  "alpha_t_full": 1.2103844394413534,
+  "r2_5y": 0.8621433960548437,
+  "r2_full": 0.9133216540906589,
+  "corr_portfolio": 0.36024682999505664,
+  "corr_benchmark": 0.5172901943475076,
+  "alpha_pos_frac": 0.4425531914893617,
+  "fund_max_dd": -0.6235146360993009,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.30, ivv +1.35, qqq -0.62, gld -0.08, gsg +0.05, vweax +0.25",
+  "ref_full": "ivv +0.92, iwm +0.25, qqq -0.24, gld -0.07, efa +0.10, vnq +0.05"
+ },
+ "nefrx": {
+  "sym": "nefrx",
+  "name": "Loomis Sayles Core Plus Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0035262716341220865,
+  "alpha_t_5y": -0.6823314945020365,
+  "alpha_t_full": 0.8925038066433054,
+  "r2_5y": 0.9559011620077446,
+  "r2_full": 0.8223647281712506,
+  "corr_portfolio": -0.04483250045239879,
+  "corr_benchmark": 0.741855111831975,
+  "alpha_pos_frac": 0.4358974358974359,
+  "fund_max_dd": -0.18761691011519233,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.24, vweax +0.16, vmbix +0.30, tlt +0.06, ief +0.18, fxe +0.02",
+  "ref_full": "ief +0.35, vweax +0.25, agg +0.16, efa +0.02, tlt +0.06, fxe +0.02"
+ },
+ "nefzx": {
+  "sym": "nefzx",
+  "name": "Loomis Sayles Strategic Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0017536219507233903,
+  "alpha_t_5y": 0.2031969257336854,
+  "alpha_t_full": -0.029246633552979764,
+  "r2_5y": 0.8423518265192691,
+  "r2_full": 0.7052973535663765,
+  "corr_portfolio": 0.2502792435552544,
+  "corr_benchmark": 0.6788801020511249,
+  "alpha_pos_frac": 0.5201793721973094,
+  "fund_max_dd": -0.32059621521826565,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.46, vweax +0.40, vea +0.04, iwm +0.03",
+  "ref_full": "vweax +0.46, efa +0.08, ief +0.12, agg +0.16, iwm +0.04, fxe +0.08"
+ },
+ "nesgx": {
+  "sym": "nesgx",
+  "name": "Needham Small Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002121196716639001,
+  "alpha_t_5y": -0.03778354908163136,
+  "alpha_t_full": 0.6981731572738472,
+  "r2_5y": 0.8043601951393935,
+  "r2_full": 0.753389310951794,
+  "corr_portfolio": 0.11422310600775452,
+  "corr_benchmark": 0.5001454457402623,
+  "alpha_pos_frac": 0.5099601593625498,
+  "fund_max_dd": -0.5028739969400402,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.09, qqq +0.94, ivv -1.11, vwo +0.17, vnq -0.14",
+  "ref_full": "iwm +0.93, vnq -0.18, qqq +0.50, ivv -0.49, fxy +0.10, vweax +0.13"
+ },
+ "newfx": {
+  "sym": "newfx",
+  "name": "NEW WORLD FUND INC",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02779063957536574,
+  "alpha_t_5y": -1.2430041482617087,
+  "alpha_t_full": -1.0868838919131547,
+  "r2_5y": 0.8917227702306846,
+  "r2_full": 0.9076091250477097,
+  "corr_portfolio": 0.2893721125804052,
+  "corr_benchmark": 0.5525697146382463,
+  "alpha_pos_frac": 0.484304932735426,
+  "fund_max_dd": -0.5671112134075851,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.41, ivv -0.02, vea +0.28, qqq +0.21, fxy -0.08, vweax +0.17",
+  "ref_full": "vwo +0.29, efa +0.27, vweax +0.44, qqq +0.18, vnq -0.04, djp +0.04"
+ },
+ "nfrax": {
+  "sym": "nfrax",
+  "name": "Nuveen Floating Rate Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.019169945163901237,
+  "alpha_t_5y": 2.3764612471201536,
+  "alpha_t_full": 1.2895775634157678,
+  "r2_5y": 0.5176725968684539,
+  "r2_full": 0.6460208085220329,
+  "corr_portfolio": 0.32008937488256256,
+  "corr_benchmark": 0.27902724282000824,
+  "alpha_pos_frac": 0.5730337078651685,
+  "fund_max_dd": -0.22122247588526112,
+  "first": "2011-05-03",
+  "verdict": "alpha, but correlated with current portfolio",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.48, vmbix -0.11, fxe -0.03",
+  "ref_full": "vweax +0.62, vmbix -0.22, vnq +0.01, qqq -0.04, agg +0.08, ivv +0.04"
+ },
+ "ngcax": {
+  "sym": "ngcax",
+  "name": "Columbia Greater China Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.10308048436918744,
+  "alpha_t_5y": -1.7692439042213588,
+  "alpha_t_full": -0.08988936592394829,
+  "r2_5y": 0.7817204568747212,
+  "r2_full": 0.7041734912767277,
+  "corr_portfolio": 0.13124746807645205,
+  "corr_benchmark": 0.3254892861386413,
+  "alpha_pos_frac": 0.49327354260089684,
+  "fund_max_dd": -0.7245094703035198,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +2.01, vea -1.88, efa +1.28, ivv -0.20, gsg +0.06",
+  "ref_full": "vwo +1.01, vnq -0.06, fxe -0.17, qqq +0.28, ivv -0.35, gld -0.06"
+ },
+ "nhmax": {
+  "sym": "nhmax",
+  "name": "Nuveen High Yield Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004543211156720782,
+  "alpha_t_5y": -0.2123985661781501,
+  "alpha_t_full": -0.15750437065597714,
+  "r2_5y": 0.3949322788730484,
+  "r2_full": 0.2277963861544584,
+  "corr_portfolio": 0.09222306824618037,
+  "corr_benchmark": 0.32726452086357527,
+  "alpha_pos_frac": 0.5953757225433526,
+  "fund_max_dd": -0.455557856545038,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.64, vblix +0.36, ivv -0.12, vnq +0.04, tlt -0.19",
+  "ref_full": "vweax +0.52, ief +0.13, fxy +0.05, efa -0.04, vnq +0.02"
+ },
+ "nicsx": {
+  "sym": "nicsx",
+  "name": "NICHOLAS FUND INC",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.018305227619428217,
+  "alpha_t_5y": -1.0248833911618231,
+  "alpha_t_full": -0.3090988461468096,
+  "r2_5y": 0.9358330955670146,
+  "r2_full": 0.9387755405586827,
+  "corr_portfolio": 0.23453129754015895,
+  "corr_benchmark": 0.6143190663887192,
+  "alpha_pos_frac": 0.5333333333333333,
+  "fund_max_dd": -0.5019454475181375,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.92, gsg -0.03, vmbix +0.11, vea -0.50, efa +0.46, qqq +0.07",
+  "ref_full": "ivv +0.75, iwm +0.11, qqq +0.08, vwo -0.03, vweax +0.11, gsg -0.02"
+ },
+ "njtfx": {
+  "sym": "njtfx",
+  "name": "T. Rowe Price New Jersey Tax-Free Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01015850233915233,
+  "alpha_t_5y": -0.820635048770368,
+  "alpha_t_full": -0.46984049707044795,
+  "r2_5y": 0.40229123293085833,
+  "r2_full": 0.3860379550432024,
+  "corr_portfolio": 0.04417422438142261,
+  "corr_benchmark": 0.36453334833515727,
+  "alpha_pos_frac": 0.5752212389380531,
+  "fund_max_dd": -0.14602096066049086,
+  "first": "2016-09-14",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.30, vblix +0.24, ivv -0.06, vnq +0.02, tlt -0.14, vmbix +0.08",
+  "ref_full": "vweax +0.19, vblix +0.33, tlt -0.19, fxy +0.04, iwm -0.03, vnq +0.03"
+ },
+ "nlgax": {
+  "sym": "nlgax",
+  "name": "Columbia Capital Allocation Moderate Conservative Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004907060084581798,
+  "alpha_t_5y": -0.8288650736346951,
+  "alpha_t_full": -1.5144393649798997,
+  "r2_5y": 0.9656482434482818,
+  "r2_full": 0.9417743457221043,
+  "corr_portfolio": 0.25900962498748575,
+  "corr_benchmark": 0.8170080796951049,
+  "alpha_pos_frac": 0.5246636771300448,
+  "fund_max_dd": -0.2685073688423413,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.24, agg +0.51, vea +0.10, vweax +0.14, vnq -0.03, iwm +0.03",
+  "ref_full": "ivv +0.22, ief +0.21, vweax +0.19, efa +0.07, iwm +0.04, agg +0.10"
+ },
+ "nlsax": {
+  "sym": "nlsax",
+  "name": "Neuberger Berman Long Short Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": null,
+  "alpha_t_5y": NaN,
+  "alpha_t_full": -1.2642703925121082,
+  "r2_5y": NaN,
+  "r2_full": 0.7600568085153172,
+  "corr_portfolio": 0.3938191096744254,
+  "corr_benchmark": 0.5145794299058428,
+  "alpha_pos_frac": 0.5471698113207547,
+  "fund_max_dd": -0.17941457915503312,
+  "first": "2011-12-30",
+  "verdict": "no 5y window",
+  "alpha_name": true,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "ivv +0.31, vweax +0.11, qqq +0.06"
+ },
+ "nmaax": {
+  "sym": "nmaax",
+  "name": "Nuveen Massachusetts Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.022104405907289734,
+  "alpha_t_5y": -1.8030912323709276,
+  "alpha_t_full": 0.24482824947553827,
+  "r2_5y": 0.4077877637885483,
+  "r2_full": 0.26062005052285575,
+  "corr_portfolio": 0.03781494868656306,
+  "corr_benchmark": 0.354062381715125,
+  "alpha_pos_frac": 0.5838150289017341,
+  "fund_max_dd": -0.16735502698997318,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.31, ief +0.08, ivv -0.06, vblix +0.25, tlt -0.16, vnq +0.02",
+  "ref_full": "vweax +0.29, ief +0.14, efa -0.03, fxy +0.04, vnq +0.02"
+ },
+ "nmbax": {
+  "sym": "nmbax",
+  "name": "Nuveen Intermediate Duration Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013843812435855134,
+  "alpha_t_5y": -1.2916430826801828,
+  "alpha_t_full": 0.785368312142916,
+  "r2_5y": 0.39944601920974,
+  "r2_full": 0.2555610118532555,
+  "corr_portfolio": 0.05331358698509937,
+  "corr_benchmark": 0.3435115582159923,
+  "alpha_pos_frac": 0.5408560311284046,
+  "fund_max_dd": -0.12121394413654496,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.36, ief +0.11, ivv -0.06, vnq +0.02",
+  "ref_full": "vweax +0.24, ief +0.11, fxy +0.03, vnq +0.02, efa -0.01, iwm -0.01"
+ },
+ "nmdax": {
+  "sym": "nmdax",
+  "name": "Nuveen Maryland Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012749986476921193,
+  "alpha_t_5y": -0.8775319986079491,
+  "alpha_t_full": 0.34900541848074385,
+  "r2_5y": 0.3942150083550603,
+  "r2_full": 0.2829572103241982,
+  "corr_portfolio": 0.03606238437182063,
+  "corr_benchmark": 0.3606551075888768,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.16157676717926772,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.35, ief +0.09, ivv -0.08, vnq +0.03, vblix +0.25, tlt -0.16",
+  "ref_full": "vweax +0.30, ief +0.15, fxy +0.04, gsg -0.01, efa -0.02, vnq +0.01"
+ },
+ "nmiex": {
+  "sym": "nmiex",
+  "name": "ACTIVE M INTERNATIONAL EQUITY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.015696892192506893,
+  "alpha_t_5y": 0.8075224360821459,
+  "alpha_t_full": -1.1061435907479025,
+  "r2_5y": 0.9183758928466847,
+  "r2_full": 0.9016405681195281,
+  "corr_portfolio": 0.373239667676834,
+  "corr_benchmark": 0.5525007233478543,
+  "alpha_pos_frac": 0.452914798206278,
+  "fund_max_dd": -0.5592623901298053,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.25, ivv +0.11, efa +0.48, vwo +0.08, fxe +0.11, vweax +0.15",
+  "ref_full": "efa +0.70, vweax +0.33, qqq +0.07, djp +0.04, gld +0.03, vwo +0.04"
+ },
+ "nmmex": {
+  "sym": "nmmex",
+  "name": "ACTIVE M EMERGING MARKETS EQUITY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.020569232195837,
+  "alpha_t_5y": -0.6311620143510464,
+  "alpha_t_full": -0.8816723104766001,
+  "r2_5y": 0.7960612961468951,
+  "r2_full": 0.8541391625320676,
+  "corr_portfolio": 0.3187242722465449,
+  "corr_benchmark": 0.46378030125479613,
+  "alpha_pos_frac": 0.45145631067961167,
+  "fund_max_dd": -0.3979868369592223,
+  "first": "2008-12-16",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.60, qqq +0.09, vea +1.40, efa -1.17, fxy -0.12, iwm -0.05",
+  "ref_full": "vwo +0.63, vweax +0.32, qqq +0.06, vea +0.63, efa -0.53, fxy -0.08"
+ },
+ "nmmgx": {
+  "sym": "nmmgx",
+  "name": "MULTI-MANAGER GLOBAL REAL ESTATE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03637094062866963,
+  "alpha_t_5y": -1.5464779505924475,
+  "alpha_t_full": -2.263541985735251,
+  "r2_5y": 0.8811520988989543,
+  "r2_full": 0.8955122867249445,
+  "corr_portfolio": 0.28490440299527303,
+  "corr_benchmark": 0.6072181334227575,
+  "alpha_pos_frac": 0.5776699029126213,
+  "fund_max_dd": -0.4028238812682835,
+  "first": "2008-12-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": true,
+  "ref_5y": "vnq +0.68, vea +0.25, ief +0.08, iwm -0.05, vweax +0.13",
+  "ref_full": "vnq +0.50, vea +0.29, vweax +0.26, agg +0.14, vwo +0.05, qqq -0.03"
+ },
+ "nmuix": {
+  "sym": "nmuix",
+  "name": "Neuberger Municipal Intermediate Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.017112325505559293,
+  "alpha_t_5y": -1.7526813601725766,
+  "alpha_t_full": 0.47739015291706693,
+  "r2_5y": 0.4079788622481373,
+  "r2_full": 0.2883385712235891,
+  "corr_portfolio": 0.03703433854372351,
+  "corr_benchmark": 0.3471776550938575,
+  "alpha_pos_frac": 0.5214007782101168,
+  "fund_max_dd": -0.1341026057609117,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.33, ief +0.11, ivv -0.05, vnq +0.02",
+  "ref_full": "agg +0.09, vweax +0.21, ief +0.07, fxy +0.03, efa -0.02, vnq +0.01"
+ },
+ "nnjax": {
+  "sym": "nnjax",
+  "name": "Nuveen New Jersey Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013550539774255299,
+  "alpha_t_5y": -0.9469307924501655,
+  "alpha_t_full": 0.6842611542021014,
+  "r2_5y": 0.39591356011345635,
+  "r2_full": 0.25403087266461455,
+  "corr_portfolio": 0.037425505792616685,
+  "corr_benchmark": 0.348456335007589,
+  "alpha_pos_frac": 0.5606936416184971,
+  "fund_max_dd": -0.1635994339801028,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.37, ief +0.08, ivv -0.08, vnq +0.03, vblix +0.22, tlt -0.13",
+  "ref_full": "vweax +0.30, ief +0.16, fxy +0.04, gsg -0.01, vnq +0.02, efa -0.02"
+ },
+ "nnyax": {
+  "sym": "nnyax",
+  "name": "Nuveen New York Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015628706828041815,
+  "alpha_t_5y": -1.077030776309109,
+  "alpha_t_full": 0.2908716746105891,
+  "r2_5y": 0.4165475235555285,
+  "r2_full": 0.2735465650132992,
+  "corr_portfolio": 0.03868299559179597,
+  "corr_benchmark": 0.3746829137139221,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.17596595747875665,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.38, vblix +0.29, ivv -0.08, vnq +0.03, tlt -0.14",
+  "ref_full": "vweax +0.32, ief +0.16, efa -0.03, vnq +0.02, fxy +0.04"
+ },
+ "noiax": {
+  "sym": "noiax",
+  "name": "Natixis Oakmark International Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0007138510461086136,
+  "alpha_t_5y": -0.023380058630978043,
+  "alpha_t_full": -0.31328875027429676,
+  "r2_5y": 0.8625101934268156,
+  "r2_full": 0.8766671761411675,
+  "corr_portfolio": 0.37828800074791696,
+  "corr_benchmark": 0.4573006288174468,
+  "alpha_pos_frac": 0.47802197802197804,
+  "fund_max_dd": -0.5397340398603887,
+  "first": "2010-12-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.91, fxe +0.30, gld -0.11, vwo +0.18, qqq -0.27, ivv +0.32",
+  "ref_full": "efa +1.02, vweax +0.36, ief -0.12, qqq -0.14, iwm +0.13, gld -0.04"
+ },
+ "notax": {
+  "sym": "notax",
+  "name": "DWS Strategic High Yield Tax-Free Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008890228045833132,
+  "alpha_t_5y": -0.5460249849470039,
+  "alpha_t_full": 0.39627444535969475,
+  "r2_5y": 0.4118013066007068,
+  "r2_full": 0.24487857013493675,
+  "corr_portfolio": 0.04383475934520356,
+  "corr_benchmark": 0.34879325042498033,
+  "alpha_pos_frac": 0.6184971098265896,
+  "fund_max_dd": -0.2737867312725175,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.43, vblix +0.35, ivv -0.09, vnq +0.03, tlt -0.19",
+  "ref_full": "vweax +0.36, agg +0.17, fxy +0.04, efa -0.03, vnq +0.02"
+ },
+ "novix": {
+  "sym": "novix",
+  "name": "Global Secured Options Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": null,
+  "alpha_t_5y": NaN,
+  "alpha_t_full": -1.9328864361697795,
+  "r2_5y": NaN,
+  "r2_full": 0.8861668396081396,
+  "corr_portfolio": -0.09989696332632156,
+  "corr_benchmark": -0.034472357733126575,
+  "alpha_pos_frac": 0.6470588235294118,
+  "fund_max_dd": -0.2549019607843137,
+  "first": "2012-10-01",
+  "verdict": "no 5y window",
+  "alpha_name": false,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "finux -0.05, efa +0.62, vweax +0.18, ivv +0.16, iwm -0.07"
+ },
+ "nphix": {
+  "sym": "nphix",
+  "name": "HIGH INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0022530453490633606,
+  "alpha_t_5y": 0.314410017698914,
+  "alpha_t_full": -0.580271827043631,
+  "r2_5y": 0.8901310900459971,
+  "r2_full": 0.8263032556215919,
+  "corr_portfolio": 0.3057061267757481,
+  "corr_benchmark": 0.4464795045046101,
+  "alpha_pos_frac": 0.5189873417721519,
+  "fund_max_dd": -0.21677112434348134,
+  "first": "2013-01-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.97, iwm +0.02, gsg +0.01",
+  "ref_full": "vweax +0.90, vea +0.02, iwm +0.02"
+ },
+ "npscx": {
+  "sym": "npscx",
+  "name": "Nuveen Preferred Securities and Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007049383901100136,
+  "alpha_t_5y": -0.47081931206928457,
+  "alpha_t_full": 1.0647246392042151,
+  "r2_5y": 0.43539045077778127,
+  "r2_full": 0.5470535525975502,
+  "corr_portfolio": 0.31228592721714066,
+  "corr_benchmark": 0.39446752579030814,
+  "alpha_pos_frac": 0.5521739130434783,
+  "fund_max_dd": -0.6144110941366212,
+  "first": "2009-11-24",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.66",
+  "ref_full": "vweax +0.73, vnq +0.05, vmbix -0.17, agg +0.49, ief -0.25, qqq -0.02"
+ },
+ "nrfax": {
+  "sym": "nrfax",
+  "name": "AEW Global Focused Real Estate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014246175486127308,
+  "alpha_t_5y": -0.8379706832473347,
+  "alpha_t_full": -0.15524777589522698,
+  "r2_5y": 0.9380130152221283,
+  "r2_full": 0.966331611613267,
+  "corr_portfolio": 0.27070702838404087,
+  "corr_benchmark": 0.581487562708043,
+  "alpha_pos_frac": 0.5739910313901345,
+  "fund_max_dd": -0.7417654816645052,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.73, vea +0.27, ivv -0.11, vweax +0.14",
+  "ref_full": "vnq +0.96, agg -0.31, fxe +0.07, tlt +0.07, vwo +0.06, ivv -0.06"
+ },
+ "nsaox": {
+  "sym": "nsaox",
+  "name": "Nuveen Strategic Municipal Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014623605014470749,
+  "alpha_t_5y": -1.0275136399354876,
+  "alpha_t_full": 0.6304228917826966,
+  "r2_5y": 0.39823784421136743,
+  "r2_full": 0.377635714787683,
+  "corr_portfolio": 0.06210329639707311,
+  "corr_benchmark": 0.3411290481338952,
+  "alpha_pos_frac": 0.5597014925373134,
+  "fund_max_dd": -0.19036210278069154,
+  "first": "2015-01-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.53, ief +0.12, ivv -0.07, vnq +0.02",
+  "ref_full": "vweax +0.24, vblix +0.41, tlt -0.25, fxy +0.07, vea -0.05, vnq +0.03"
+ },
+ "nsbax": {
+  "sym": "nsbax",
+  "name": "Nuveen Dividend Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016691518097890788,
+  "alpha_t_5y": -1.1057123028312184,
+  "alpha_t_full": 0.693105013413956,
+  "r2_5y": 0.9351552937479068,
+  "r2_full": 0.9532285450247269,
+  "corr_portfolio": 0.3366858977482437,
+  "corr_benchmark": 0.5884276803133492,
+  "alpha_pos_frac": 0.5063829787234042,
+  "fund_max_dd": -0.4529234031764503,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.28, qqq -0.38, vnq +0.08, iwm -0.05, gsg -0.02",
+  "ref_full": "ivv +1.03, qqq -0.19, vnq +0.02, efa +0.05, vwo -0.02"
+ },
+ "nseix": {
+  "sym": "nseix",
+  "name": "NICHOLAS EQUITY INCOME FUND INC",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013152852312512502,
+  "alpha_t_5y": -0.7829290240980028,
+  "alpha_t_full": 1.2489713882868894,
+  "r2_5y": 0.9125815863283155,
+  "r2_full": 0.918343332045354,
+  "corr_portfolio": 0.35928196616379293,
+  "corr_benchmark": 0.5495465087126717,
+  "alpha_pos_frac": 0.4977578475336323,
+  "fund_max_dd": -0.4810865780289436,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.15, qqq -0.51, vnq +0.11, iwm +0.08, efa +0.24, vea -0.18",
+  "ref_full": "ivv +0.80, qqq -0.22, iwm +0.16, vweax +0.14, vnq +0.04, tlt -0.02"
+ },
+ "nsmax": {
+  "sym": "nsmax",
+  "name": "Nuveen Small/Mid Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.036593925330454156,
+  "alpha_t_5y": 1.4086273289178812,
+  "alpha_t_full": 0.12777306189531362,
+  "r2_5y": 0.9001717443612414,
+  "r2_full": 0.9115603173151876,
+  "corr_portfolio": 0.34892264523238886,
+  "corr_benchmark": 0.5039841356231192,
+  "alpha_pos_frac": 0.5605381165919282,
+  "fund_max_dd": -0.679084196678065,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.59, ivv +0.77, qqq -0.42, ief -0.12, vea +0.38, efa -0.30",
+  "ref_full": "iwm +0.67, efa +0.11, djp +0.08, ivv +0.41, qqq -0.19, fxy -0.06"
+ },
+ "nsmmx": {
+  "sym": "nsmmx",
+  "name": "Columbia Short Duration Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014775305812223678,
+  "alpha_t_5y": -2.6181617722879946,
+  "alpha_t_full": -0.8610921339783356,
+  "r2_5y": 0.30949842644414005,
+  "r2_full": 0.2154084333628813,
+  "corr_portfolio": 0.057607466928766934,
+  "corr_benchmark": 0.2686272984478024,
+  "alpha_pos_frac": 0.4682080924855491,
+  "fund_max_dd": -0.054232095757011045,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.13, ivv -0.02, vblix +0.13, tlt -0.08",
+  "ref_full": "vweax +0.10, agg +0.04, fxy +0.01, gsg -0.00, vnq +0.01, iwm -0.01"
+ },
+ "nstrx": {
+  "sym": "nstrx",
+  "name": "Columbia Short Term Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0016001926834225352,
+  "alpha_t_5y": 0.32633051665389434,
+  "alpha_t_full": 0.19730170439262895,
+  "r2_5y": 0.7040144330138326,
+  "r2_full": 0.4826978961585273,
+  "corr_portfolio": 0.01981580740616467,
+  "corr_benchmark": 0.3924380404819054,
+  "alpha_pos_frac": 0.37572254335260113,
+  "fund_max_dd": -0.09387369848990468,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.05, vweax +0.12, ief +0.23, tlt -0.21, vblix +0.20, ivv -0.02",
+  "ref_full": "ief +0.22, vweax +0.16, tlt -0.05, fxy +0.02"
+ },
+ "nthex": {
+  "sym": "nthex",
+  "name": "NORTHEAST INVESTORS TRUST",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01795789957737887,
+  "alpha_t_5y": 0.8186075483244446,
+  "alpha_t_full": -0.6307226324281194,
+  "r2_5y": 0.11977076549791876,
+  "r2_full": 0.353862413595162,
+  "corr_portfolio": 0.25014664725373204,
+  "corr_benchmark": 0.2077029279027634,
+  "alpha_pos_frac": 0.5738831615120275,
+  "fund_max_dd": -0.5061479511892839,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.27, iwm +0.04",
+  "ref_full": "vweax +0.49, efa +0.05, ief -0.26, agg +0.23, iwm +0.06, qqq -0.04"
+ },
+ "nugax": {
+  "sym": "nugax",
+  "name": "Nuveen Global Dividend Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016275874373556366,
+  "alpha_t_5y": -1.1840233522998247,
+  "alpha_t_full": -1.4226374759768452,
+  "r2_5y": 0.9424634851901972,
+  "r2_full": 0.9477080820912639,
+  "corr_portfolio": 0.36446663347120906,
+  "corr_benchmark": 0.5975218309033357,
+  "alpha_pos_frac": 0.4878048780487805,
+  "fund_max_dd": -0.3367928767803565,
+  "first": "2012-06-12",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.81, efa +0.44, qqq -0.22, vnq +0.05, iwm -0.04, vea -0.14",
+  "ref_full": "ivv +0.75, efa +0.33, qqq -0.18, vnq +0.04, iwm -0.04, ief +0.04"
+ },
+ "nvhax": {
+  "sym": "nvhax",
+  "name": "Nuveen Short Duration High Yield Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0026652211872175468,
+  "alpha_t_5y": -0.23220551351969426,
+  "alpha_t_full": 0.822072334667014,
+  "r2_5y": 0.2771046781046551,
+  "r2_full": 0.33540188714760233,
+  "corr_portfolio": 0.12459817908509871,
+  "corr_benchmark": 0.21281943090130565,
+  "alpha_pos_frac": 0.5987261146496815,
+  "fund_max_dd": -0.13568773973825887,
+  "first": "2013-02-05",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.42, ivv -0.05",
+  "ref_full": "vweax +0.17, vblix +0.35, tlt -0.25, efa -0.04, vnq +0.02, fxy +0.03"
+ },
+ "nwhnx": {
+  "sym": "nwhnx",
+  "name": "Nationwide Bailard International Equities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.024618243976003606,
+  "alpha_t_5y": 1.6353444875590968,
+  "alpha_t_full": 0.4263583719280388,
+  "r2_5y": 0.9469017185619468,
+  "r2_full": 0.9411591823291244,
+  "corr_portfolio": 0.41181144969138145,
+  "corr_benchmark": 0.5301195600323073,
+  "alpha_pos_frac": 0.4563758389261745,
+  "fund_max_dd": -0.3907159879047074,
+  "first": "2013-09-18",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.54, vea +0.35, vnq -0.05, fxe +0.08, vwo +0.04, vweax +0.10",
+  "ref_full": "vea +0.51, efa +0.38, vweax +0.16, vnq -0.02, vwo +0.04, iwm -0.02"
+ },
+ "nwqax": {
+  "sym": "nwqax",
+  "name": "Nuveen Flexible Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007600960372378368,
+  "alpha_t_5y": -0.9946704187896894,
+  "alpha_t_full": -0.5087636057464527,
+  "r2_5y": 0.8907438079674741,
+  "r2_full": 0.6715013106401437,
+  "corr_portfolio": 0.3139708138195088,
+  "corr_benchmark": 0.6577482554532937,
+  "alpha_pos_frac": 0.5086705202312138,
+  "fund_max_dd": -0.23891440633127548,
+  "first": "2009-12-10",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.48, ivv +0.16, vblix +0.41, tlt -0.22, qqq -0.05, iwm +0.03",
+  "ref_full": "vweax +0.60, ivv +0.07, agg +0.34, vnq +0.05, vea +0.04, ief -0.10"
+ },
+ "nyaax": {
+  "sym": "nyaax",
+  "name": "AMERICAN FUNDS TAX-EXEMPT FUND OF NEW YORK",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013750307446719484,
+  "alpha_t_5y": -0.975929124279732,
+  "alpha_t_full": 0.5922286744953109,
+  "r2_5y": 0.38448511715826017,
+  "r2_full": 0.32985637104985055,
+  "corr_portfolio": 0.02123427901126245,
+  "corr_benchmark": 0.3559276914011442,
+  "alpha_pos_frac": 0.5780346820809249,
+  "fund_max_dd": -0.15890876328928205,
+  "first": "2010-11-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.26, vweax +0.34, ivv -0.07, vnq +0.03, tlt -0.12",
+  "ref_full": "agg +0.23, vweax +0.29, vea -0.03, fxy +0.04, vnq +0.03, iwm -0.02"
+ },
+ "nyvtx": {
+  "sym": "nyvtx",
+  "name": "Davis New York Venture Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0011230443258900184,
+  "alpha_t_5y": -0.037915626972847526,
+  "alpha_t_full": 0.023496608900328973,
+  "r2_5y": 0.852416988830847,
+  "r2_full": 0.9267589844178442,
+  "corr_portfolio": 0.33328620674551024,
+  "corr_benchmark": 0.5197930132625113,
+  "alpha_pos_frac": 0.5258964143426295,
+  "fund_max_dd": -0.5855488265322925,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.87, vwo +0.23, iwm +0.17, ief -0.28, qqq -0.22, vweax +0.24",
+  "ref_full": "ivv +0.77, vwo +0.09, iwm +0.14, qqq -0.09, tlt -0.05, efa +0.09"
+ },
+ "oafix": {
+  "sym": "oafix",
+  "name": "OPTIMUM FIXED INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00828794788486583,
+  "alpha_t_5y": -1.6275472219334326,
+  "alpha_t_full": -0.6072038951326039,
+  "r2_5y": 0.9549249675850042,
+  "r2_full": 0.8054887283172139,
+  "corr_portfolio": -0.05197692247785588,
+  "corr_benchmark": 0.7327534684611048,
+  "alpha_pos_frac": 0.5433526011560693,
+  "fund_max_dd": -0.1983065547731483,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.25, vweax +0.10, vmbix +0.25, ief +0.22, vblix +0.06, vwo +0.01",
+  "ref_full": "ief +0.37, vweax +0.20, efa +0.02, agg +0.10, tlt +0.04, fxy +0.02"
+ },
+ "oaiex": {
+  "sym": "oaiex",
+  "name": "OPTIMUM INTERNATIONAL FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02146678039876876,
+  "alpha_t_5y": -0.9581589345087183,
+  "alpha_t_full": -1.7692580327098528,
+  "r2_5y": 0.9006378102943648,
+  "r2_full": 0.9058712916700216,
+  "corr_portfolio": 0.356212961585428,
+  "corr_benchmark": 0.5405836256500143,
+  "alpha_pos_frac": 0.47533632286995514,
+  "fund_max_dd": -0.6068510831098042,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.63, vwo +0.25, vweax +0.36, qqq +0.08, vnq -0.04, agg -0.08",
+  "ref_full": "efa +0.65, vwo +0.14, vweax +0.36, qqq +0.07, vnq -0.03, fxe +0.08"
+ },
+ "oakbx": {
+  "sym": "oakbx",
+  "name": "Oakmark Equity and Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007228215002405169,
+  "alpha_t_5y": 0.40106168598067776,
+  "alpha_t_full": 0.9857848147511943,
+  "r2_5y": 0.8698956980570691,
+  "r2_full": 0.874060492978749,
+  "corr_portfolio": 0.371246958449659,
+  "corr_benchmark": 0.5564203556231527,
+  "alpha_pos_frac": 0.4358974358974359,
+  "fund_max_dd": -0.3131187584366041,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.21, ivv +0.84, qqq -0.41, vweax +0.25, vmbix +0.17, gld -0.03",
+  "ref_full": "ivv +0.53, iwm +0.22, vweax +0.25, qqq -0.19, vnq -0.08, efa +0.07"
+ },
+ "oakex": {
+  "sym": "oakex",
+  "name": "Oakmark International Small Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.016399063951388754,
+  "alpha_t_5y": 0.47273579591871595,
+  "alpha_t_full": -0.36477290569743187,
+  "r2_5y": 0.7775970381096287,
+  "r2_full": 0.7648656749330799,
+  "corr_portfolio": 0.38778961147919666,
+  "corr_benchmark": 0.45956469430126223,
+  "alpha_pos_frac": 0.4793388429752066,
+  "fund_max_dd": -0.6613610166616855,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.75, vweax +0.67, fxe +0.36, ief -0.15, qqq -0.08, iwm +0.07",
+  "ref_full": "efa +0.61, vweax +0.78, fxe +0.18, iwm +0.12, ivv -0.13, agg -0.11"
+ },
+ "oakgx": {
+  "sym": "oakgx",
+  "name": "Oakmark Global Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013376491633607802,
+  "alpha_t_5y": -0.44379979742746894,
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+  "r2_5y": 0.8383762481190475,
+  "r2_full": 0.874267691363546,
+  "corr_portfolio": 0.38368831105478474,
+  "corr_benchmark": 0.5043402457363078,
+  "alpha_pos_frac": 0.50199203187251,
+  "fund_max_dd": -0.5857179701818698,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.49, iwm +0.16, ivv +0.71, qqq -0.39, vwo +0.14, gld -0.06",
+  "ref_full": "efa +0.47, iwm +0.23, vweax +0.37, ivv +0.42, qqq -0.15, vnq -0.06"
+ },
+ "oakix": {
+  "sym": "oakix",
+  "name": "Oakmark International Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0016114585041720763,
+  "alpha_t_5y": -0.04436337075832454,
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+  "r2_5y": 0.7945335530820636,
+  "r2_full": 0.8258029257445444,
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+  "corr_benchmark": 0.43608412917871386,
+  "alpha_pos_frac": 0.4824561403508772,
+  "fund_max_dd": -0.608329384339853,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.96, fxe +0.37, fxy -0.15, qqq -0.12, vwo +0.15, gld -0.09",
+  "ref_full": "efa +0.88, vweax +0.51, gld -0.05, qqq -0.12, iwm +0.10, agg -0.14"
+ },
+ "oaklx": {
+  "sym": "oaklx",
+  "name": "Oakmark Select Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03517451242626633,
+  "alpha_t_5y": 0.9243611804253453,
+  "alpha_t_full": 0.3821876197519134,
+  "r2_5y": 0.7870128524344178,
+  "r2_full": 0.8652390865623248,
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+  "corr_benchmark": 0.5012938649157518,
+  "alpha_pos_frac": 0.44680851063829785,
+  "fund_max_dd": -0.6115065158779194,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.33, ivv +1.20, qqq -0.51, gld -0.10, gsg +0.07, vweax +0.22",
+  "ref_full": "ivv +0.88, iwm +0.30, qqq -0.19, gld -0.07, gsg +0.04, vweax +0.15"
+ },
+ "oakmx": {
+  "sym": "oakmx",
+  "name": "Oakmark Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.027595624767292663,
+  "alpha_t_5y": 0.9651002939557431,
+  "alpha_t_full": 1.6729765467991589,
+  "r2_5y": 0.8610681972478699,
+  "r2_full": 0.9105158783844126,
+  "corr_portfolio": 0.3614110401250136,
+  "corr_benchmark": 0.5151302280815169,
+  "alpha_pos_frac": 0.4808510638297872,
+  "fund_max_dd": -0.5619480347429107,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.29, ivv +1.34, qqq -0.62, gld -0.08, gsg +0.05, vweax +0.26",
+  "ref_full": "ivv +0.95, iwm +0.25, qqq -0.24, gld -0.07, djp +0.05, vweax +0.13"
+ },
+ "oakwx": {
+  "sym": "oakwx",
+  "name": "Oakmark Global Select Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.026480390997725135,
+  "alpha_t_5y": -0.8217842983668878,
+  "alpha_t_full": 0.10768857293608489,
+  "r2_5y": 0.7868018734349723,
+  "r2_full": 0.8654514822728466,
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+  "corr_benchmark": 0.4936797641965902,
+  "alpha_pos_frac": 0.5246636771300448,
+  "fund_max_dd": -0.5626085375538958,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.92, ivv +0.81, qqq -0.36, vwo +0.15, vea -0.59, iwm +0.10",
+  "ref_full": "efa +0.44, ivv +0.48, iwm +0.12, vweax +0.28, qqq -0.13, gld -0.05"
+ },
+ "oalgx": {
+  "sym": "oalgx",
+  "name": "OPTIMUM LARGE CAP GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05038592635492782,
+  "alpha_t_5y": -1.1812794027452254,
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+  "r2_5y": 0.8225204257198004,
+  "r2_full": 0.9050283333318128,
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+  "corr_benchmark": 0.5939729402466465,
+  "alpha_pos_frac": 0.5608856088560885,
+  "fund_max_dd": -0.5538777452969619,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.74, ivv +0.32",
+  "ref_full": "qqq +0.52, ivv +0.50, vnq -0.05, vweax +0.06, iwm +0.04, agg +0.07"
+ },
+ "oalvx": {
+  "sym": "oalvx",
+  "name": "OPTIMUM LARGE CAP VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0038103912410317933,
+  "alpha_t_5y": 0.24987926192250226,
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+  "r2_5y": 0.9336715407077257,
+  "r2_full": 0.9500317951943453,
+  "corr_portfolio": 0.3899025452244982,
+  "corr_benchmark": 0.5383179557314257,
+  "alpha_pos_frac": 0.4977578475336323,
+  "fund_max_dd": -0.5680712313630496,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.37, qqq -0.63, iwm +0.08, vea +0.08, vnq +0.04",
+  "ref_full": "ivv +1.10, qqq -0.36, iwm +0.09, efa +0.08, tlt -0.03, vnq +0.02"
+ },
+ "oasgx": {
+  "sym": "oasgx",
+  "name": "OPTIMUM SMALL-MID CAP GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05552267460772631,
+  "alpha_t_5y": -2.1234294935382247,
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+  "r2_5y": 0.9298270388734229,
+  "r2_full": 0.9338512365812062,
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+  "corr_benchmark": 0.5758795523889668,
+  "alpha_pos_frac": 0.4723404255319149,
+  "fund_max_dd": -0.6297166275317017,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.78, qqq +0.31, vnq -0.05, gsg -0.02",
+  "ref_full": "iwm +0.73, qqq +0.32, vnq -0.05, vweax +0.08, gld +0.02"
+ },
+ "oasvx": {
+  "sym": "oasvx",
+  "name": "OPTIMUM SMALL-MID CAP VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012671999686224799,
+  "alpha_t_5y": -0.5240451620995207,
+  "alpha_t_full": -1.4885637918214705,
+  "r2_5y": 0.9165906198353005,
+  "r2_full": 0.9311194257156974,
+  "corr_portfolio": 0.3645870426194703,
+  "corr_benchmark": 0.5102162345176466,
+  "alpha_pos_frac": 0.5058365758754864,
+  "fund_max_dd": -0.6582753385397521,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.64, vnq +0.04, ief -0.09, efa +0.07, qqq -0.52, ivv +0.84",
+  "ref_full": "iwm +0.71, ivv +0.45, qqq -0.26, vweax +0.17, vnq +0.04, ief -0.11"
+ },
+ "oaycx": {
+  "sym": "oaycx",
+  "name": "Oakmark Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004694311365619559,
+  "alpha_t_5y": 0.7512481323009227,
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+  "r2_5y": 0.9070897427653577,
+  "r2_full": 0.8996910901957939,
+  "corr_portfolio": -0.05592867742699571,
+  "corr_benchmark": 0.7852053780847446,
+  "alpha_pos_frac": 0.4492753623188406,
+  "fund_max_dd": -0.14991298285667864,
+  "first": "2020-06-15",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.25, vweax +0.19, vmbix +0.19, ief +0.16, vblix +0.03",
+  "ref_full": "agg +0.31, vweax +0.22, vmbix +0.17, ief +0.18"
+ },
+ "obegx": {
+  "sym": "obegx",
+  "name": "Oberweis Global Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.027504319848157197,
+  "alpha_t_5y": -0.6552659992434285,
+  "alpha_t_full": -1.5566773927054889,
+  "r2_5y": 0.8253223991576032,
+  "r2_full": 0.8361214637810384,
+  "corr_portfolio": 0.2111946331361633,
+  "corr_benchmark": 0.5343067079530714,
+  "alpha_pos_frac": 0.5076923076923077,
+  "fund_max_dd": -0.714024768155322,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.53, qqq +0.67, vwo +0.14, ivv -0.64, vea +0.33, vmbix -0.16",
+  "ref_full": "iwm +0.64, qqq +0.60, vwo +0.11, ivv -0.58, efa +0.15, vweax +0.24"
+ },
+ "olcax": {
+  "sym": "olcax",
+  "name": "Invesco Limited Term California Municipal Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015616629696129623,
+  "alpha_t_5y": -1.4800353626960234,
+  "alpha_t_full": 0.761054475902216,
+  "r2_5y": 0.25023953221483264,
+  "r2_full": 0.15487840634612582,
+  "corr_portfolio": 0.037146901485240455,
+  "corr_benchmark": 0.23934231992690763,
+  "alpha_pos_frac": 0.5491329479768786,
+  "fund_max_dd": -0.1459259128570778,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.19, vblix +0.22, ivv -0.03, tlt -0.13",
+  "ref_full": "vweax +0.20, ief +0.04, fxy +0.02, gsg -0.01, agg +0.05"
+ },
+ "omfcx": {
+  "sym": "omfcx",
+  "name": "Invesco AMT-Free Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02020615585600677,
+  "alpha_t_5y": -1.2997669750525103,
+  "alpha_t_full": -0.7759450433709439,
+  "r2_5y": 0.3778491993603902,
+  "r2_full": 0.21801541138193647,
+  "corr_portfolio": 0.04380186576319111,
+  "corr_benchmark": 0.3495710888511325,
+  "alpha_pos_frac": 0.5375722543352601,
+  "fund_max_dd": -0.49189868567581385,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.45, vblix +0.11, ivv -0.08, vnq +0.03",
+  "ref_full": "vweax +0.37, ief +0.06, agg +0.20, efa -0.03, fxy +0.03"
+ },
+ "omfl": {
+  "sym": "omfl",
+  "name": "Invesco Russell 1000(R) Dynamic Multifactor ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006193179861847343,
+  "alpha_t_5y": -0.2451688797365951,
+  "alpha_t_full": 0.910735179245399,
+  "r2_5y": 0.8720235343239546,
+  "r2_full": 0.8385376703580036,
+  "corr_portfolio": 0.29430402201853684,
+  "corr_benchmark": 0.5542270218963034,
+  "alpha_pos_frac": 0.5252525252525253,
+  "fund_max_dd": -0.3324192056150126,
+  "first": "2017-11-13",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.99, iwm +0.20, qqq -0.24",
+  "ref_full": "ivv +1.07, qqq -0.34, iwm +0.23"
+ },
+ "omfs": {
+  "sym": "omfs",
+  "name": "Invesco Russell 2000(R) Dynamic Multifactor ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.018043744120861068,
+  "alpha_t_5y": 0.6307171457628239,
+  "alpha_t_full": 0.9725807419605177,
+  "r2_5y": 0.9028376039000598,
+  "r2_full": 0.8198890660298638,
+  "corr_portfolio": 0.303636900879426,
+  "corr_benchmark": 0.46929114450192144,
+  "alpha_pos_frac": 0.5555555555555556,
+  "fund_max_dd": -0.42502779611546027,
+  "first": "2017-11-13",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.95, qqq -0.31, ivv +0.36, vnq -0.05",
+  "ref_full": "iwm +0.94, qqq -0.38, ivv +0.34, tlt -0.05"
+ },
+ "omifx": {
+  "sym": "omifx",
+  "name": "Federated Hermes Ohio Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.017351933739593033,
+  "alpha_t_5y": -1.393343914064906,
+  "alpha_t_full": 0.0526770879070736,
+  "r2_5y": 0.324529428445577,
+  "r2_full": 0.23586091052380675,
+  "corr_portfolio": 0.01601933667818547,
+  "corr_benchmark": 0.3560475018900643,
+  "alpha_pos_frac": 0.5525291828793775,
+  "fund_max_dd": -0.128786560376425,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.21, vweax +0.27, ivv -0.06, vnq +0.02",
+  "ref_full": "agg +0.11, vweax +0.18, ief +0.07, fxy +0.03, gsg -0.01"
+ },
+ "oneo": {
+  "sym": "oneo",
+  "name": "State Street(R) SPDR(R) Russell 1000 Momentum Focus ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005092996609747411,
+  "alpha_t_5y": 0.25621765466546664,
+  "alpha_t_full": 0.13542195656783038,
+  "r2_5y": 0.9236028071837172,
+  "r2_full": 0.8790729595861133,
+  "corr_portfolio": 0.3427412505732648,
+  "corr_benchmark": 0.5863269204281072,
+  "alpha_pos_frac": 0.4959349593495935,
+  "fund_max_dd": -0.4086262790174634,
+  "first": "2015-12-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.31, ivv +0.80, qqq -0.29, vea +0.13, vnq +0.04, fxy -0.05",
+  "ref_full": "ivv +0.74, iwm +0.32, qqq -0.22, vweax +0.13, vnq +0.05, vea +0.05"
+ },
+ "oneq": {
+  "sym": "oneq",
+  "name": "Fidelity Nasdaq Composite Index ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00916179048203256,
+  "alpha_t_5y": -0.7682626746402237,
+  "alpha_t_full": -0.9704656156504946,
+  "r2_5y": 0.9837502250933273,
+  "r2_full": 0.9635423669432486,
+  "corr_portfolio": 0.1560306917231467,
+  "corr_benchmark": 0.6114335738006046,
+  "alpha_pos_frac": 0.5022421524663677,
+  "fund_max_dd": -0.5508863650434419,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.81, iwm +0.10, ivv +0.15, vea -0.31, vwo +0.06, efa +0.22",
+  "ref_full": "qqq +0.74, iwm +0.15, ivv +0.13, efa -0.05, vweax +0.07, agg +0.05"
+ },
+ "onev": {
+  "sym": "onev",
+  "name": "State Street(R) SPDR(R) Russell 1000 Low Volatility Focus ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.016812956399043295,
+  "alpha_t_5y": 0.806750549544303,
+  "alpha_t_full": 1.0961892895520546,
+  "r2_5y": 0.8838833801198784,
+  "r2_full": 0.8454512822411934,
+  "corr_portfolio": 0.34306727591059877,
+  "corr_benchmark": 0.5522614352861341,
+  "alpha_pos_frac": 0.5203252032520326,
+  "fund_max_dd": -0.39715773905231566,
+  "first": "2015-12-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.19, vnq +0.18, ivv +1.05, qqq -0.53, gsg -0.03",
+  "ref_full": "ivv +1.00, qqq -0.47, iwm +0.19, vnq +0.14, vweax +0.15, gsg -0.03"
+ },
+ "oney": {
+  "sym": "oney",
+  "name": "State Street(R) SPDR(R) Russell 1000 Yield Focus ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.035074945248985315,
+  "alpha_t_5y": 1.420462210117367,
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+  "r2_5y": 0.8730141303584685,
+  "r2_full": 0.7745250310491141,
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+  "corr_benchmark": 0.47242881329095504,
+  "alpha_pos_frac": 0.4065040650406504,
+  "fund_max_dd": -0.4679796420573904,
+  "first": "2015-12-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.33, vnq +0.14, gsg +0.04, qqq -0.75, ivv +1.18, efa +0.06",
+  "ref_full": "iwm +0.35, vnq +0.10, gsg +0.04, qqq -0.71, ivv +1.12, vweax +0.26"
+ },
+ "onjcx": {
+  "sym": "onjcx",
+  "name": "Invesco New Jersey Municipal Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013598010297765835,
+  "alpha_t_5y": -1.0047145047772756,
+  "alpha_t_full": -0.6055990226934513,
+  "r2_5y": 0.38343042671891436,
+  "r2_full": 0.2029044049286235,
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+  "corr_benchmark": 0.31564127507899487,
+  "alpha_pos_frac": 0.5606936416184971,
+  "fund_max_dd": -0.4140228519140272,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.32, vblix +0.25, ivv -0.07, vnq +0.02, tlt -0.15, vmbix +0.08",
+  "ref_full": "vweax +0.36, ief +0.04, efa -0.03, agg +0.17, fxy +0.03"
+ },
+ "opacx": {
+  "sym": "opacx",
+  "name": "Invesco Pennsylvania Municipal Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016932701851398335,
+  "alpha_t_5y": -1.0963133126955436,
+  "alpha_t_full": -0.20628985547918055,
+  "r2_5y": 0.36004417533119193,
+  "r2_full": 0.22220130043133746,
+  "corr_portfolio": 0.04132377237750224,
+  "corr_benchmark": 0.3149667754559082,
+  "alpha_pos_frac": 0.5992217898832685,
+  "fund_max_dd": -0.38955667999668053,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.47, ief +0.16, ivv -0.08, vnq +0.03",
+  "ref_full": "vweax +0.35, ief +0.06, agg +0.16, efa -0.03, fxy +0.03"
+ },
+ "opcax": {
+  "sym": "opcax",
+  "name": "Invesco California Municipal Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010874643151111554,
+  "alpha_t_5y": -0.6420904851921779,
+  "alpha_t_full": -0.18434672074091785,
+  "r2_5y": 0.39838935461640157,
+  "r2_full": 0.23451497870373983,
+  "corr_portfolio": 0.04440212878224746,
+  "corr_benchmark": 0.34996284503088493,
+  "alpha_pos_frac": 0.5491329479768786,
+  "fund_max_dd": -0.4735707729608609,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.42, ief +0.10, ivv -0.08, vblix +0.31, tlt -0.19, vnq +0.03",
+  "ref_full": "vweax +0.39, ief +0.08, agg +0.18, efa -0.02, fxy +0.03"
+ },
+ "opnyx": {
+  "sym": "opnyx",
+  "name": "Invesco Rochester AMT-Free New York Municipal Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013045103734279171,
+  "alpha_t_5y": -0.7353673703254615,
+  "alpha_t_full": -0.03917798472144134,
+  "r2_5y": 0.3927523538639385,
+  "r2_full": 0.2405110419236297,
+  "corr_portfolio": 0.03867434841608233,
+  "corr_benchmark": 0.34970464905241994,
+  "alpha_pos_frac": 0.6069364161849711,
+  "fund_max_dd": -0.3459499584131701,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.45, vblix +0.33, ivv -0.09, vnq +0.03, tlt -0.16",
+  "ref_full": "agg +0.17, vweax +0.40, ief +0.10, efa -0.03, fxy +0.04"
+ },
+ "origx": {
+  "sym": "origx",
+  "name": "NORTH SQUARE SPECTRUM ALPHA FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010103678031781738,
+  "alpha_t_5y": -0.4251697566959163,
+  "alpha_t_full": -0.8427551398885299,
+  "r2_5y": 0.9332728040146736,
+  "r2_full": 0.9193696284019912,
+  "corr_portfolio": 0.22193308460528877,
+  "corr_benchmark": 0.5586202144915828,
+  "alpha_pos_frac": 0.5474137931034483,
+  "fund_max_dd": -0.49060619311860776,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.83, qqq +0.12, djp -0.04, vweax +0.15",
+  "ref_full": "iwm +0.75, qqq +0.21, vnq -0.06, vweax +0.08, agg +0.07"
+ },
+ "orilx": {
+  "sym": "orilx",
+  "name": "NORTH SQUARE MULTI STRATEGY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.001485695083962139,
+  "alpha_t_5y": -0.13768758183870616,
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+  "r2_5y": 0.9633632863861845,
+  "r2_full": 0.9432342886176849,
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+  "corr_benchmark": 0.5953364968349182,
+  "alpha_pos_frac": 0.5433526011560693,
+  "fund_max_dd": -0.505846985181069,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": true,
+  "ref_5y": "iwm +0.29, ivv +0.36, efa +0.12, vblix +0.03, qqq -0.04, vweax +0.06",
+  "ref_full": "ivv +0.37, iwm +0.21, qqq +0.14, efa +0.11, fxe -0.04, vwo +0.02"
+ },
+ "orncx": {
+  "sym": "orncx",
+  "name": "Invesco Rochester Municipal Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011243141187275194,
+  "alpha_t_5y": -0.6149037517100127,
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+  "r2_5y": 0.41244925104588837,
+  "r2_full": 0.2405341357467199,
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+  "corr_benchmark": 0.34555587376713937,
+  "alpha_pos_frac": 0.5953757225433526,
+  "fund_max_dd": -0.5604218323058511,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.49, vblix +0.36, ivv -0.10, vnq +0.04, tlt -0.18",
+  "ref_full": "vweax +0.46, agg +0.28, efa -0.03, fxy +0.04"
+ },
+ "oscbx": {
+  "sym": "oscbx",
+  "name": "Overseas SMA Completion Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.021402839491021567,
+  "alpha_t_5y": 0.767811128637892,
+  "alpha_t_full": 0.7521848387555208,
+  "r2_5y": 0.831642009860488,
+  "r2_full": 0.8721158646820725,
+  "corr_portfolio": 0.38988286779613984,
+  "corr_benchmark": 0.5168207493299157,
+  "alpha_pos_frac": 0.4358974358974359,
+  "fund_max_dd": -0.3950338101990687,
+  "first": "2019-09-13",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.88, fxe +0.18, qqq -0.08, vweax +0.16, tlt -0.31, vblix +0.33",
+  "ref_full": "vea +0.93, qqq -0.09, vweax +0.28, tlt -0.07, fxe +0.14"
+ },
+ "ostax": {
+  "sym": "ostax",
+  "name": "JPMorgan Short-Intermediate Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.019830513490836546,
+  "alpha_t_5y": -3.048269972379512,
+  "alpha_t_full": -0.8738965608238635,
+  "r2_5y": 0.3021921146850556,
+  "r2_full": 0.19463007496466023,
+  "corr_portfolio": 0.03480540353218741,
+  "corr_benchmark": 0.3292838130758523,
+  "alpha_pos_frac": 0.5315985130111525,
+  "fund_max_dd": -0.08722627428438368,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.11, vweax +0.14, ivv -0.02",
+  "ref_full": "agg +0.09, vweax +0.09, fxy +0.02, vnq +0.01, efa -0.01"
+ },
+ "ostfx": {
+  "sym": "ostfx",
+  "name": "Osterweis Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.035417935588902924,
+  "alpha_t_5y": -1.9566215916943859,
+  "alpha_t_full": -1.946529908229493,
+  "r2_5y": 0.9230463888652054,
+  "r2_full": 0.8975867884113046,
+  "corr_portfolio": 0.24423997908745645,
+  "corr_benchmark": 0.6178814545559946,
+  "alpha_pos_frac": 0.5234042553191489,
+  "fund_max_dd": -0.42801951202699595,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.81, iwm +0.05, gsg -0.02, vnq +0.04, fxe +0.05",
+  "ref_full": "ivv +0.62, vweax +0.25, vnq -0.07, iwm +0.10, qqq +0.08, fxy +0.05"
+ },
+ "otcax": {
+  "sym": "otcax",
+  "name": "MFS Mid Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07772592019935472,
+  "alpha_t_5y": -2.422645711889912,
+  "alpha_t_full": -2.259295233885886,
+  "r2_5y": 0.8568388073670805,
+  "r2_full": 0.9063281353234857,
+  "corr_portfolio": 0.17085654348149606,
+  "corr_benchmark": 0.6167283551879356,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.7425673764185973,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.29, iwm +0.30, qqq +0.35, vblix +0.07, gsg -0.03",
+  "ref_full": "ivv +0.36, iwm +0.25, qqq +0.31, vwo +0.05, agg +0.11, gld +0.02"
+ },
+ "otcfx": {
+  "sym": "otcfx",
+  "name": "T. Rowe Price Small-Cap Stock Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.020934522565094184,
+  "alpha_t_5y": -1.1441520444920932,
+  "alpha_t_full": 1.3936319861337567,
+  "r2_5y": 0.9520747340371111,
+  "r2_full": 0.96905317522675,
+  "corr_portfolio": 0.24543526552486156,
+  "corr_benchmark": 0.5668984948668035,
+  "alpha_pos_frac": 0.5022421524663677,
+  "fund_max_dd": -0.5636825646343744,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.70, ivv +0.14, vea +0.08, djp -0.03, vnq +0.05",
+  "ref_full": "iwm +0.74, ivv +0.11, vnq +0.03, efa +0.03, qqq +0.03"
+ },
+ "owacx": {
+  "sym": "owacx",
+  "name": "Old Westbury All Cap Core Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04705472064018435,
+  "alpha_t_5y": -2.40653945555235,
+  "alpha_t_full": -3.696675620532483,
+  "r2_5y": 0.928508472537028,
+  "r2_full": 0.9414953734990368,
+  "corr_portfolio": 0.262708944380579,
+  "corr_benchmark": 0.6198872972749484,
+  "alpha_pos_frac": 0.600896860986547,
+  "fund_max_dd": -0.5931858376394941,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.76, vea +0.06, iwm +0.04, qqq +0.09, vnq +0.03",
+  "ref_full": "ivv +0.70, qqq +0.12, efa +0.07, vweax +0.10, iwm +0.03"
+ },
+ "owcax": {
+  "sym": "owcax",
+  "name": "Old Westbury California Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.020262604128145525,
+  "alpha_t_5y": -2.459296055140457,
+  "alpha_t_full": -1.5748644172241764,
+  "r2_5y": 0.3988564651572162,
+  "r2_full": 0.3807177347610251,
+  "corr_portfolio": 0.004478905148697983,
+  "corr_benchmark": 0.4080213069251456,
+  "alpha_pos_frac": 0.4827586206896552,
+  "fund_max_dd": -0.08914587053802547,
+  "first": "2018-12-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.20, vweax +0.18, ivv -0.03",
+  "ref_full": "agg +0.15, vweax +0.18, iwm -0.02, vnq +0.02, fxy +0.03, gsg -0.01"
+ },
+ "owcix": {
+  "sym": "owcix",
+  "name": "Old Westbury Credit Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007713155261919991,
+  "alpha_t_5y": -0.9256267611609515,
+  "alpha_t_full": -0.6209580520860749,
+  "r2_5y": 0.8869308620536687,
+  "r2_full": 0.8854207057521557,
+  "corr_portfolio": -0.10770440633066697,
+  "corr_benchmark": 0.8496441691436327,
+  "alpha_pos_frac": 0.6153846153846154,
+  "fund_max_dd": -0.19910039198706198,
+  "first": "2020-10-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.29, vblix +0.22, iwm +0.02, vmbix +0.14, vea +0.02, vweax +0.05",
+  "ref_full": "agg +0.28, vblix +0.22, iwm +0.02, vmbix +0.14, vea +0.02, vweax +0.05"
+ },
+ "owfix": {
+  "sym": "owfix",
+  "name": "Old Westbury Fixed Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008078608660495118,
+  "alpha_t_5y": -1.3439181957558632,
+  "alpha_t_full": 0.27480238382939365,
+  "r2_5y": 0.8829540422509572,
+  "r2_full": 0.8009225868558725,
+  "corr_portfolio": -0.15737763269114566,
+  "corr_benchmark": 0.5992136213659078,
+  "alpha_pos_frac": 0.45454545454545453,
+  "fund_max_dd": -0.12866899594662473,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.44, tlt -0.09, agg +0.30, qqq -0.01, vweax +0.04, fxe +0.02",
+  "ref_full": "ief +0.51, tlt -0.06, vweax +0.04, agg +0.04, fxy +0.02, iwm +0.01"
+ },
+ "owlsx": {
+  "sym": "owlsx",
+  "name": "Old Westbury Large Cap Strategies Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04949971912464632,
+  "alpha_t_5y": -2.0421106487461955,
+  "alpha_t_full": -1.1744806767796654,
+  "r2_5y": 0.8788037852562098,
+  "r2_full": 0.7979601057123404,
+  "corr_portfolio": 0.2813199070884734,
+  "corr_benchmark": 0.6081724454074314,
+  "alpha_pos_frac": 0.5537848605577689,
+  "fund_max_dd": -0.5317703502237789,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.63, vwo +0.12, efa +0.12, qqq +0.08",
+  "ref_full": "efa +0.46, ivv +0.39, vnq -0.07, agg +0.18, qqq +0.11, djp +0.03"
+ },
+ "owmbx": {
+  "sym": "owmbx",
+  "name": "Old Westbury Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.022089684044051157,
+  "alpha_t_5y": -2.549950045515692,
+  "alpha_t_full": -0.005036717045704136,
+  "r2_5y": 0.3762474469798397,
+  "r2_full": 0.24378790841795606,
+  "corr_portfolio": -0.0027759167346638287,
+  "corr_benchmark": 0.3714054973589138,
+  "alpha_pos_frac": 0.49070631970260226,
+  "fund_max_dd": -0.09542187684459635,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.19, vweax +0.19, ivv -0.03",
+  "ref_full": "agg +0.11, vweax +0.13, ief +0.06, fxy +0.03, gsg -0.01"
+ },
+ "ownyx": {
+  "sym": "ownyx",
+  "name": "Old Westbury New York Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.020552980867719804,
+  "alpha_t_5y": -2.4560079604168665,
+  "alpha_t_full": -1.4059864676203444,
+  "r2_5y": 0.3860939756591776,
+  "r2_full": 0.3612952476544927,
+  "corr_portfolio": 0.01038791464832866,
+  "corr_benchmark": 0.38567054496127623,
+  "alpha_pos_frac": 0.5287356321839081,
+  "fund_max_dd": -0.08980633887013367,
+  "first": "2018-12-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.20, vweax +0.17, ivv -0.03",
+  "ref_full": "agg +0.22, vweax +0.12, fxy +0.04, vea -0.02, tlt -0.14, vblix +0.15"
+ },
+ "owsmx": {
+  "sym": "owsmx",
+  "name": "Old Westbury Small & Mid Cap Strategies Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0633323213192928,
+  "alpha_t_5y": -2.608814913420582,
+  "alpha_t_full": -0.4860145896884527,
+  "r2_5y": 0.8788472300482696,
+  "r2_full": 0.8232276483758643,
+  "corr_portfolio": 0.27740092911944125,
+  "corr_benchmark": 0.6167979421966362,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.38347694507590435,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.34, vea +0.28, qqq +0.09, gld +0.05, vweax +0.23, vwo +0.08",
+  "ref_full": "iwm +0.38, efa +0.23, vweax +0.32, vnq -0.07, qqq +0.11, fxy +0.11"
+ },
+ "paakx": {
+  "sym": "paakx",
+  "name": "Putnam Retirement Advantage 2060 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.008085432937398032,
+  "alpha_t_5y": 0.6672717494141892,
+  "alpha_t_full": 0.44445526786860956,
+  "r2_5y": 0.9650786457757361,
+  "r2_full": 0.9662137854503264,
+  "corr_portfolio": 0.24969583599943557,
+  "corr_benchmark": 0.6647790718170579,
+  "alpha_pos_frac": 0.47297297297297297,
+  "fund_max_dd": -0.33075430297223685,
+  "first": "2020-01-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.56, vea +0.16, iwm +0.07, qqq +0.07, vwo +0.05, vweax +0.07",
+  "ref_full": "ivv +0.54, vea +0.16, iwm +0.07, qqq +0.07, vweax +0.10, vwo +0.04"
+ },
+ "pabax": {
+  "sym": "pabax",
+  "name": "Putnam Dynamic Asset Allocation Balanced Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0021036743700766085,
+  "alpha_t_5y": 0.07073998619793863,
+  "alpha_t_full": -0.38468892902240265,
+  "r2_5y": 0.6736294233514768,
+  "r2_full": 0.8782796363099777,
+  "corr_portfolio": 0.2799692589209536,
+  "corr_benchmark": 0.6448811561272372,
+  "alpha_pos_frac": 0.49710982658959535,
+  "fund_max_dd": -0.45909946819604797,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.46, vblix +0.13, vea +0.14",
+  "ref_full": "ivv +0.40, efa +0.11, ief +0.16, iwm +0.06, vwo +0.04, vweax +0.11"
+ },
+ "pacax": {
+  "sym": "pacax",
+  "name": "Putnam Dynamic Asset Allocation Conservative Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002073347470823593,
+  "alpha_t_5y": -0.2960894819499525,
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+  "r2_5y": 0.9422305097699402,
+  "r2_full": 0.8659083390836556,
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+  "corr_benchmark": 0.8639282352562012,
+  "alpha_pos_frac": 0.5515695067264574,
+  "fund_max_dd": -0.33052926254503456,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.22, agg +0.26, vea +0.05, vweax +0.10, iwm +0.03, ief +0.23",
+  "ref_full": "ivv +0.23, ief +0.26, vwo +0.04, vweax +0.12, agg +0.13, efa +0.04"
+ },
+ "pacex": {
+  "sym": "pacex",
+  "name": "T. Rowe Price Emerging Markets Corporate Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015835989056408626,
+  "alpha_t_5y": -1.640523538713646,
+  "alpha_t_full": 1.220584672767492,
+  "r2_5y": 0.5253445673930145,
+  "r2_full": 0.500322195438051,
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+  "corr_benchmark": 0.2964794344021169,
+  "alpha_pos_frac": 0.5636363636363636,
+  "fund_max_dd": -0.22577654642309408,
+  "first": "2012-05-29",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.33, ivv -0.04, vwo +0.03, vblix +0.42, tlt -0.26, agg -0.12",
+  "ref_full": "vweax +0.45, vblix +0.28, agg -0.24, ivv -0.05, vwo +0.04, tlt -0.10"
+ },
+ "pacjx": {
+  "sym": "pacjx",
+  "name": "Putnam Retirement Advantage 2055 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.006857376837342954,
+  "alpha_t_5y": 0.6296629571305618,
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+  "r2_5y": 0.9690445187189634,
+  "r2_full": 0.968158872432948,
+  "corr_portfolio": 0.25136479315584387,
+  "corr_benchmark": 0.668973066279746,
+  "alpha_pos_frac": 0.4189189189189189,
+  "fund_max_dd": -0.3213938888806894,
+  "first": "2020-01-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.52, vea +0.16, iwm +0.07, qqq +0.06, vwo +0.04, vweax +0.07",
+  "ref_full": "ivv +0.51, vea +0.16, iwm +0.07, qqq +0.07, vweax +0.10, vwo +0.04"
+ },
+ "padcx": {
+  "sym": "padcx",
+  "name": "PGIM Absolute Return Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0031433155938183502,
+  "alpha_t_5y": -0.4528894940054141,
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+  "r2_5y": 0.27277188253533124,
+  "r2_full": 0.4049150957370604,
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+  "corr_benchmark": 0.1517945188590106,
+  "alpha_pos_frac": 0.4913294797687861,
+  "fund_max_dd": -0.18070752793130407,
+  "first": "2011-03-31",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "vweax +0.06, vmbix -0.03, vblix +0.31, agg -0.31, tlt -0.14, vwo +0.01",
+  "ref_full": "vweax +0.34, vmbix -0.21, agg +0.15, qqq -0.02, vwo +0.02, ief -0.05"
+ },
+ "padlx": {
+  "sym": "padlx",
+  "name": "Putnam Retirement Advantage Maturity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004917770375171342,
+  "alpha_t_5y": 0.7023158980239818,
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+  "r2_5y": 0.934030758349398,
+  "r2_full": 0.933351281358743,
+  "corr_portfolio": 0.16931137694406587,
+  "corr_benchmark": 0.8731742496797607,
+  "alpha_pos_frac": 0.4594594594594595,
+  "fund_max_dd": -0.16454305312833462,
+  "first": "2020-01-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.19, agg +0.47, vea +0.03, iwm +0.04, vweax +0.10, vwo +0.02",
+  "ref_full": "ivv +0.12, agg +0.50, iwm +0.05, efa +0.05, vweax +0.09, qqq +0.03"
+ },
+ "paeax": {
+  "sym": "paeax",
+  "name": "Putnam Dynamic Asset Allocation Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00025509637109466624,
+  "alpha_t_5y": 0.027813234149091367,
+  "alpha_t_full": -0.6714406529784802,
+  "r2_5y": 0.9736110537884463,
+  "r2_full": 0.9669411000839545,
+  "corr_portfolio": 0.3231359622542102,
+  "corr_benchmark": 0.638175923866089,
+  "alpha_pos_frac": 0.5487179487179488,
+  "fund_max_dd": -0.5325376581994163,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.49, vea +0.16, iwm +0.06, qqq +0.05, vmbix +0.08, vwo +0.04",
+  "ref_full": "ivv +0.50, efa +0.15, vwo +0.08, iwm +0.07, vweax +0.10, agg +0.08"
+ },
+ "paekx": {
+  "sym": "paekx",
+  "name": "Putnam Retirement Advantage 2050 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007546632639127501,
+  "alpha_t_5y": 0.6809988166322593,
+  "alpha_t_full": 0.36735573664720794,
+  "r2_5y": 0.9646277465932129,
+  "r2_full": 0.9641914917695885,
+  "corr_portfolio": 0.2534741608954214,
+  "corr_benchmark": 0.6777870598940468,
+  "alpha_pos_frac": 0.4594594594594595,
+  "fund_max_dd": -0.3071704587826122,
+  "first": "2020-01-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.50, vea +0.15, iwm +0.07, vwo +0.05, qqq +0.06, ief +0.05",
+  "ref_full": "ivv +0.46, vea +0.15, iwm +0.07, qqq +0.07, vweax +0.13, vwo +0.04"
+ },
+ "paelx": {
+  "sym": "paelx",
+  "name": "T. Rowe Price Emerging Markets Local Currency Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0030295380169546716,
+  "alpha_t_5y": -0.15245857433829973,
+  "alpha_t_full": -0.9622569726281259,
+  "r2_5y": 0.640142487420615,
+  "r2_full": 0.5921172263604322,
+  "corr_portfolio": 0.2515849240133518,
+  "corr_benchmark": 0.35012801992808307,
+  "alpha_pos_frac": 0.536723163841808,
+  "fund_max_dd": -0.3471025356466323,
+  "first": "2011-05-31",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "fxe +0.39, vweax +0.58, vwo +0.17, qqq -0.05, fxy +0.05",
+  "ref_full": "vwo +0.25, fxe +0.35, vweax +0.55, ivv -0.06, gld +0.03, qqq -0.05"
+ },
+ "paffx": {
+  "sym": "paffx",
+  "name": "T. Rowe Price Target 2045 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015049736905385056,
+  "alpha_t_5y": -1.4958836411468168,
+  "alpha_t_full": 1.661156652952483,
+  "r2_5y": 0.9685116616064976,
+  "r2_full": 0.39209939027897844,
+  "corr_portfolio": 0.1920931357420296,
+  "corr_benchmark": 0.4106407436212837,
+  "alpha_pos_frac": 0.06,
+  "fund_max_dd": -0.2985283298973661,
+  "first": "2013-08-22",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.44, vea +0.20, iwm +0.09, vwo +0.07, vblix +0.05, vweax +0.07",
+  "ref_full": "ivv +0.42, vea +0.22, iwm +0.13, ief +0.69, agg -0.76"
+ },
+ "pafmx": {
+  "sym": "pafmx",
+  "name": "Putnam Retirement Advantage 2045 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.006251992985824082,
+  "alpha_t_5y": 0.5692015306478128,
+  "alpha_t_full": 0.44849818593324753,
+  "r2_5y": 0.960909568787101,
+  "r2_full": 0.9620470445817234,
+  "corr_portfolio": 0.2552308453591416,
+  "corr_benchmark": 0.684143261006678,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.2922330133126778,
+  "first": "2020-01-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.55, vea +0.14, iwm +0.07, vwo +0.05, ief +0.09, vnq -0.03",
+  "ref_full": "ivv +0.46, vea +0.15, vblix +0.06, iwm +0.07, vwo +0.04, qqq +0.05"
+ },
+ "pajrx": {
+  "sym": "pajrx",
+  "name": "T. Rowe Price Target 2025 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010138084970075756,
+  "alpha_t_5y": -1.4736480894112038,
+  "alpha_t_full": -0.47184083229951207,
+  "r2_5y": 0.9552114332728268,
+  "r2_full": 0.8891731002764619,
+  "corr_portfolio": 0.30150612291698736,
+  "corr_benchmark": 0.6518583036205818,
+  "alpha_pos_frac": 0.5133333333333333,
+  "fund_max_dd": -0.2247884235099975,
+  "first": "2013-08-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.23, vmbix +0.17, vea +0.11, iwm +0.05, vblix +0.06, vwo +0.03",
+  "ref_full": "ivv +0.23, vea +0.17, ief +0.47, iwm +0.08, agg -0.46, vweax +0.16"
+ },
+ "pamfx": {
+  "sym": "pamfx",
+  "name": "Federated Hermes Pennsylvania Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015444938703925616,
+  "alpha_t_5y": -1.276791917790169,
+  "alpha_t_full": 0.23439016014912778,
+  "r2_5y": 0.3245823970521756,
+  "r2_full": 0.2388629265145773,
+  "corr_portfolio": 0.017487474655490075,
+  "corr_benchmark": 0.3582883958626961,
+  "alpha_pos_frac": 0.5914396887159533,
+  "fund_max_dd": -0.1550346835743337,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.19, vweax +0.27, ivv -0.06, vnq +0.02",
+  "ref_full": "agg +0.12, vweax +0.19, ief +0.07, fxy +0.03, gsg -0.01, efa -0.01"
+ },
+ "pappx": {
+  "sym": "pappx",
+  "name": "Papp Small & Mid-Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.079628881116222,
+  "alpha_t_5y": -2.551732067752747,
+  "alpha_t_full": -1.7013361886779033,
+  "r2_5y": 0.8191748171004943,
+  "r2_full": 0.8755689498923471,
+  "corr_portfolio": 0.23771978011145273,
+  "corr_benchmark": 0.5885610771155372,
+  "alpha_pos_frac": 0.53125,
+  "fund_max_dd": -0.34507048706344157,
+  "first": "2010-03-09",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.50, iwm +0.24, vnq +0.19, djp -0.05",
+  "ref_full": "ivv +0.62, iwm +0.27, vnq +0.05, gsg -0.02"
+ },
+ "parmx": {
+  "sym": "parmx",
+  "name": "Parnassus Mid Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.045594980815772956,
+  "alpha_t_5y": -1.8171803178101948,
+  "alpha_t_full": -0.5300849284006911,
+  "r2_5y": 0.8802886714217619,
+  "r2_full": 0.9137265570106158,
+  "corr_portfolio": 0.26342323955782126,
+  "corr_benchmark": 0.6119723340352121,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.4987332812733648,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.50, iwm +0.23, vnq +0.18, djp -0.06, vea +0.06",
+  "ref_full": "ivv +0.62, iwm +0.22, vnq +0.06, agg +0.24, ief -0.15, gsg -0.02"
+ },
+ "parnx": {
+  "sym": "parnx",
+  "name": "Parnassus Mid Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07440316237490434,
+  "alpha_t_5y": -1.9099053044701848,
+  "alpha_t_full": -1.4585183729682947,
+  "r2_5y": 0.8500868923375616,
+  "r2_full": 0.8793427110160864,
+  "corr_portfolio": 0.1299055680772606,
+  "corr_benchmark": 0.6075286312199196,
+  "alpha_pos_frac": 0.5517241379310345,
+  "fund_max_dd": -0.543354010838193,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv -0.12, iwm +0.38, qqq +0.66, vnq +0.11, vweax +0.27, djp -0.04",
+  "ref_full": "ivv +0.33, iwm +0.30, qqq +0.35, vnq +0.07, agg +0.09"
+ },
+ "parwx": {
+  "sym": "parwx",
+  "name": "Parnassus Value Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.010440056965812256,
+  "alpha_t_5y": 0.2511730722772102,
+  "alpha_t_full": 2.0798470052526974,
+  "r2_5y": 0.7188954113322464,
+  "r2_full": 0.860975289616274,
+  "corr_portfolio": 0.3168857601968209,
+  "corr_benchmark": 0.5174048806231558,
+  "alpha_pos_frac": 0.46,
+  "fund_max_dd": -0.4775975520519904,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.96, iwm +0.20, qqq -0.28, efa +0.11",
+  "ref_full": "ivv +0.65, iwm +0.23, vnq +0.04, tlt -0.04, gld -0.04, efa +0.06"
+ },
+ "pasux": {
+  "sym": "pasux",
+  "name": "T. Rowe Price Retirement 2065 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01471683389576791,
+  "alpha_t_5y": -1.31688134625236,
+  "alpha_t_full": -1.1959436081270518,
+  "r2_5y": 0.9691248503802108,
+  "r2_full": 0.969696679685477,
+  "corr_portfolio": 0.1435986409014807,
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+  "alpha_pos_frac": 0.546875,
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+  "first": "2020-10-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.51, vea +0.22, iwm +0.10, vwo +0.08, vweax +0.07, gld +0.01",
+  "ref_full": "ivv +0.51, vea +0.22, iwm +0.10, vwo +0.08, vweax +0.06, gld +0.01"
+ },
+ "paxhx": {
+  "sym": "paxhx",
+  "name": "Impax High Yield Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01372140146899925,
+  "alpha_t_5y": -1.7168460497187654,
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+  "r2_full": 0.7986094056991361,
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+  "alpha_pos_frac": 0.5964125560538116,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.93, vea +0.02",
+  "ref_full": "vweax +0.79, efa +0.03, agg +0.03, djp +0.01"
+ },
+ "paxwx": {
+  "sym": "paxwx",
+  "name": "Impax Sustainable Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.019171644339564184,
+  "alpha_t_5y": -1.7215656735752793,
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+  "fund_max_dd": -0.4011704784077629,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.40, agg +0.29, efa +0.12, iwm +0.06, gsg -0.02, vweax +0.14",
+  "ref_full": "ivv +0.36, efa +0.13, ief +0.14, iwm +0.07, vwo +0.03, qqq +0.04"
+ },
+ "pazlx": {
+  "sym": "pazlx",
+  "name": "T. Rowe Price Target 2065 Fund",
+  "bucket": "all",
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+  "fund_max_dd": -0.2822705514640369,
+  "first": "2020-10-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.51, vea +0.22, iwm +0.10, vwo +0.07, vweax +0.07, gld +0.01",
+  "ref_full": "ivv +0.51, vea +0.22, iwm +0.10, vwo +0.07, vweax +0.06, gld +0.01"
+ },
+ "pbaix": {
+  "sym": "pbaix",
+  "name": "BLACKROCK TACTICAL OPPORTUNITIES FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01551607733703903,
+  "alpha_t_5y": 0.6340389825915668,
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+  "r2_5y": 0.187841066158555,
+  "r2_full": 0.6196764566264792,
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+  "fund_max_dd": -0.39249287248987896,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "tlt -0.13, vea +0.08, iwm +0.06, vnq -0.05",
+  "ref_full": "efa +0.17, fxy -0.09, vwo +0.09, vnq +0.05, tlt -0.07, gsg +0.02"
+ },
+ "pbamx": {
+  "sym": "pbamx",
+  "name": "Putnam Retirement Advantage 2040 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "corr_benchmark": 0.6987646630075736,
+  "alpha_pos_frac": 0.4864864864864865,
+  "fund_max_dd": -0.2757282276158258,
+  "first": "2020-01-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.49, vea +0.11, vmbix +0.13, iwm +0.05, vwo +0.04, vweax +0.09",
+  "ref_full": "ivv +0.48, vea +0.12, vblix +0.07, iwm +0.06, vwo +0.04, vweax +0.09"
+ },
+ "pbbbx": {
+  "sym": "pbbbx",
+  "name": "PIA BBB Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0014951452321015622,
+  "alpha_t_5y": 0.15191630710405962,
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+  "corr_benchmark": 0.7026369029152514,
+  "alpha_pos_frac": 0.5317919075144508,
+  "fund_max_dd": -0.2274405382732736,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.11, vweax +0.14, vblix +0.49, tlt -0.22, ief +0.30, fxe +0.04",
+  "ref_full": "ief +0.35, vweax +0.37, tlt +0.11, agg +0.12, vnq +0.01, fxy +0.03"
+ },
+ "pbcax": {
+  "sym": "pbcax",
+  "name": "PGIM CALIFORNIA MUNI INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01810782861209033,
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+  "corr_benchmark": 0.27421125771550475,
+  "alpha_pos_frac": 0.5317919075144508,
+  "fund_max_dd": -0.12256233407173134,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.24, ivv -0.05, vblix +0.20, tlt -0.12",
+  "ref_full": "vweax +0.25, ief +0.06, efa -0.03, fxy +0.03, vnq +0.01, agg +0.07"
+ },
+ "pbdix": {
+  "sym": "pbdix",
+  "name": "T. Rowe Price QM U.S. Bond Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004011426797495228,
+  "alpha_t_5y": -0.8850074304250558,
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+  "r2_5y": 0.965635373756805,
+  "r2_full": 0.886569376623801,
+  "corr_portfolio": -0.12067708726934477,
+  "corr_benchmark": 0.6643800803842884,
+  "alpha_pos_frac": 0.5028901734104047,
+  "fund_max_dd": -0.18628419709103805,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg -0.14, ief +0.44, vweax +0.04, vblix +0.33, vmbix +0.24, tlt -0.15",
+  "ref_full": "ief +0.45, vweax +0.19, tlt +0.05, agg +0.07, vnq +0.01, ivv -0.01"
+ },
+ "pbqax": {
+  "sym": "pbqax",
+  "name": "PGIM Jennison Blend Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.020005528106401358,
+  "alpha_t_5y": -1.5296200385928063,
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+  "corr_benchmark": 0.5803442494285033,
+  "alpha_pos_frac": 0.490272373540856,
+  "fund_max_dd": -0.5389378140674224,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.44, iwm +0.35, qqq +0.19, efa +0.05, vnq -0.03",
+  "ref_full": "ivv +0.43, iwm +0.31, qqq +0.21, efa +0.09, vnq -0.04, djp +0.03"
+ },
+ "pbsmx": {
+  "sym": "pbsmx",
+  "name": "PGIM SHORT-TERM CORPORATE BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0019364285926262823,
+  "alpha_t_5y": -0.3797127609639615,
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+  "corr_benchmark": 0.5072261886396883,
+  "alpha_pos_frac": 0.4624277456647399,
+  "fund_max_dd": -0.1035367488039487,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.15, tlt -0.29, vblix +0.26, ief +0.31, vweax +0.08, ivv -0.02",
+  "ref_full": "ief +0.36, vweax +0.21, tlt -0.08, fxy +0.02, agg +0.04, qqq -0.01"
+ },
+ "pbus": {
+  "sym": "pbus",
+  "name": "Invesco MSCI USA ETF",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "r2_full": 0.79014552566755,
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+  "corr_benchmark": 0.6020035939179506,
+  "alpha_pos_frac": 0.5643564356435643,
+  "fund_max_dd": -0.33153983156373135,
+  "first": "2017-09-26",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.90, iwm +0.03, qqq +0.05",
+  "ref_full": "ivv +0.80, iwm +0.08, agg +0.12"
+ },
+ "pcdlx": {
+  "sym": "pcdlx",
+  "name": "Putnam Retirement Advantage 2035 Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.0037802422356058786,
+  "alpha_t_5y": 0.40857495884378836,
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+  "corr_benchmark": 0.7267358434840885,
+  "alpha_pos_frac": 0.5135135135135135,
+  "fund_max_dd": -0.24781348986250962,
+  "first": "2020-01-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.38, vmbix +0.11, vea +0.11, iwm +0.06, qqq +0.04, ief +0.11",
+  "ref_full": "ivv +0.35, agg +0.20, vea +0.11, iwm +0.06, vweax +0.13, qqq +0.05"
+ },
+ "pcef": {
+  "sym": "pcef",
+  "name": "Invesco CEF Income Composite ETF",
+  "bucket": "all",
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+  "r2_5y": 0.7705692719734445,
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+  "corr_benchmark": 0.6238819944643696,
+  "alpha_pos_frac": 0.5491329479768786,
+  "fund_max_dd": -0.3863544069898822,
+  "first": "2010-02-22",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.32, vweax +0.53, vea +0.15, vblix +0.10, fxe -0.17, vwo +0.06",
+  "ref_full": "ivv +0.29, vweax +0.59, agg +0.88, ief -0.44, vnq +0.08, vwo +0.07"
+ },
+ "pcjsx": {
+  "sym": "pcjsx",
+  "name": "Putnam Retirement Advantage Plus 2065 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00892621370061039,
+  "alpha_t_5y": -0.5667032289718819,
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+  "r2_5y": 0.9367473208821717,
+  "r2_full": 0.9367473208821717,
+  "corr_portfolio": 0.12019192471696326,
+  "corr_benchmark": 0.6565459954307089,
+  "alpha_pos_frac": 0.46774193548387094,
+  "fund_max_dd": -0.22445516803522447,
+  "first": "2021-01-06",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.50, vea +0.15, iwm +0.09, qqq +0.08, fxe +0.07, vwo +0.03",
+  "ref_full": "ivv +0.50, vea +0.15, iwm +0.09, qqq +0.08, fxe +0.07, vwo +0.03"
+ },
+ "pckex": {
+  "sym": "pckex",
+  "name": "Putnam Retirement Advantage 2065 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005372738360548115,
+  "alpha_t_5y": 0.5174210600766662,
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+  "r2_5y": 0.9751877964283728,
+  "r2_full": 0.9751877964283728,
+  "corr_portfolio": 0.1287446631130224,
+  "corr_benchmark": 0.6730184445061044,
+  "alpha_pos_frac": 0.46774193548387094,
+  "fund_max_dd": -0.24841664222161408,
+  "first": "2021-01-06",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.62, vea +0.17, iwm +0.07, qqq +0.05, vwo +0.03, vnq -0.02",
+  "ref_full": "ivv +0.62, vea +0.17, iwm +0.07, qqq +0.05, vwo +0.03, vnq -0.02"
+ },
+ "pclcx": {
+  "sym": "pclcx",
+  "name": "PACE Large Co Growth Equity Investments",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05890547671378916,
+  "alpha_t_5y": -3.165862209923589,
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+  "r2_5y": 0.951377189195585,
+  "r2_full": 0.9602098224423815,
+  "corr_portfolio": 0.18688602618820402,
+  "corr_benchmark": 0.619399847663849,
+  "alpha_pos_frac": 0.5525291828793775,
+  "fund_max_dd": -0.6398237825414241,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.56, ivv +0.45, vnq -0.04",
+  "ref_full": "ivv +0.55, qqq +0.46, djp +0.02, fxe +0.03, vnq -0.01, agg +0.04"
+ },
+ "pclrx": {
+  "sym": "pclrx",
+  "name": "PGIM INCOME BUILDER FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.008549493017800686,
+  "alpha_t_5y": 0.6126139053339531,
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+  "r2_5y": 0.8416143536453817,
+  "r2_full": 0.7974855969662825,
+  "corr_portfolio": 0.3577821109011818,
+  "corr_benchmark": 0.6396543411902245,
+  "alpha_pos_frac": 0.5375722543352601,
+  "fund_max_dd": -0.31199034710577367,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.22, vnq +0.09, iwm +0.06, vblix +0.11, gsg +0.05, ivv +0.06",
+  "ref_full": "ivv +0.15, agg +0.32, vweax +0.27, iwm +0.10, efa +0.07, gsg +0.03"
+ },
+ "pconx": {
+  "sym": "pconx",
+  "name": "PUTNAM CONVERTIBLE SECURITIES FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.024559924173799978,
+  "alpha_t_5y": -1.0008186556476155,
+  "alpha_t_full": -0.8058797850375194,
+  "r2_5y": 0.8199307429677788,
+  "r2_full": 0.8390929867581826,
+  "corr_portfolio": 0.1686685629112609,
+  "corr_benchmark": 0.5797410016874776,
+  "alpha_pos_frac": 0.5657370517928287,
+  "fund_max_dd": -0.4769840693520889,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.35, qqq +0.42, ivv -0.31, vwo +0.07, gld +0.04",
+  "ref_full": "iwm +0.27, qqq +0.24, vweax +0.36, vnq -0.06, gld +0.03, vwo +0.02"
+ },
+ "pcrix": {
+  "sym": "pcrix",
+  "name": "PIMCO CommodityRealReturn Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.015873851573645008,
+  "alpha_t_5y": 0.6075607192551501,
+  "alpha_t_full": 0.6189320096064665,
+  "r2_5y": 0.8735876382829169,
+  "r2_full": 0.8764042785526026,
+  "corr_portfolio": 0.2230505578777076,
+  "corr_benchmark": 0.1799548119525162,
+  "alpha_pos_frac": 0.5129310344827587,
+  "fund_max_dd": -0.7204192600560511,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "djp +0.85, ief +0.45, tlt -0.16, vweax +0.19, qqq -0.03",
+  "ref_full": "djp +0.83, agg +0.22, vweax +0.31, ivv -0.07, gsg +0.08, ief +0.13"
+ },
+ "pcvax": {
+  "sym": "pcvax",
+  "name": "Virtus NFJ Small-Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.001325565737563185,
+  "alpha_t_5y": -0.04646476815739952,
+  "alpha_t_full": -0.911361696571304,
+  "r2_5y": 0.8907225259431191,
+  "r2_full": 0.927879149149363,
+  "corr_portfolio": 0.31790831590723373,
+  "corr_benchmark": 0.5237102130488784,
+  "alpha_pos_frac": 0.5019455252918288,
+  "fund_max_dd": -0.5097647671897545,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.71, vnq +0.16, qqq -0.33, ivv +0.47",
+  "ref_full": "iwm +0.68, ivv +0.52, qqq -0.29, djp +0.04, vweax +0.11, agg +0.09"
+ },
+ "pdbax": {
+  "sym": "pdbax",
+  "name": "PGIM TOTAL RETURN BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0014231975408938596,
+  "alpha_t_5y": -0.18151923668673992,
+  "alpha_t_full": 0.6204981252103495,
+  "r2_5y": 0.900361383458843,
+  "r2_full": 0.7819925028629005,
+  "corr_portfolio": -0.040165300557592445,
+  "corr_benchmark": 0.6841564159332755,
+  "alpha_pos_frac": 0.5433526011560693,
+  "fund_max_dd": -0.20625378219460078,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.07, vblix +0.46, tlt -0.23, ief +0.37, vweax +0.10, ivv -0.02",
+  "ref_full": "ief +0.33, vweax +0.29, agg +0.11, tlt +0.07, vnq +0.01, fxe +0.03"
+ },
+ "pdeax": {
+  "sym": "pdeax",
+  "name": "PGIM JENNISON EMERGING MARKETS EQUITY OPPORTUNITIES FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05573160233301961,
+  "alpha_t_5y": -1.1117227680374469,
+  "alpha_t_full": -0.26343494231254055,
+  "r2_5y": 0.7837946281598491,
+  "r2_full": 0.7498987634874614,
+  "corr_portfolio": 0.15648877934987504,
+  "corr_benchmark": 0.45920382448737745,
+  "alpha_pos_frac": 0.5182481751824818,
+  "fund_max_dd": -0.552362980769046,
+  "first": "2014-09-18",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +1.00, qqq +0.70, ivv -0.76, iwm +0.15, vmbix -0.18",
+  "ref_full": "vwo +0.78, qqq +0.61, ivv -0.69, iwm +0.17, vweax +0.19, gsg -0.03"
+ },
+ "pdhax": {
+  "sym": "pdhax",
+  "name": "PGIM Emerging Markets Debt Hard Currency Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.001019918462349525,
+  "alpha_t_5y": 0.056656903803410805,
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+  "r2_5y": 0.5830263356802484,
+  "r2_full": 0.5916633333679294,
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+  "corr_benchmark": 0.5089472744567569,
+  "alpha_pos_frac": 0.6224489795918368,
+  "fund_max_dd": -0.29248890105732606,
+  "first": "2017-12-19",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.59, vblix +0.54, tlt -0.29, gsg -0.03, vwo +0.07, qqq -0.04",
+  "ref_full": "vweax +0.69, vblix +0.39, vwo +0.08, qqq -0.06, tlt -0.20, agg +0.16"
+ },
+ "pdinx": {
+  "sym": "pdinx",
+  "name": "PUTNAM DIVERSIFIED INCOME TRUST",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006327241483710209,
+  "alpha_t_5y": -0.20602435119018025,
+  "alpha_t_full": -0.30418463239320137,
+  "r2_5y": 0.10947066418746598,
+  "r2_full": 0.2062423097522772,
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+  "corr_benchmark": 0.20295102993548317,
+  "alpha_pos_frac": 0.6205128205128205,
+  "fund_max_dd": -0.4551253654646945,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "vmbix +0.28, vweax +0.27",
+  "ref_full": "vweax +0.50, efa +0.05"
+ },
+ "pdizx": {
+  "sym": "pdizx",
+  "name": "Putnam Retirement Advantage 2030 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.002496073251368715,
+  "alpha_t_5y": 0.2713807863368681,
+  "alpha_t_full": -0.14766073643247105,
+  "r2_5y": 0.931605522065444,
+  "r2_full": 0.9393283779033725,
+  "corr_portfolio": 0.22337045683986115,
+  "corr_benchmark": 0.7682622807213977,
+  "alpha_pos_frac": 0.4864864864864865,
+  "fund_max_dd": -0.21032149783938647,
+  "first": "2020-01-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.31, vmbix +0.15, vea +0.07, iwm +0.05, ief +0.16, vweax +0.10",
+  "ref_full": "ivv +0.33, agg +0.17, vea +0.07, vweax +0.14, iwm +0.04, ief +0.13"
+ },
+ "pdsax": {
+  "sym": "pdsax",
+  "name": "PGIM Short Duration Muni Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016528750003604865,
+  "alpha_t_5y": -2.1980474661175204,
+  "alpha_t_full": -0.11216251998473946,
+  "r2_5y": 0.3120944896808864,
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+  "corr_benchmark": 0.25957593213886526,
+  "alpha_pos_frac": 0.574468085106383,
+  "fund_max_dd": -0.1022519074994317,
+  "first": "2014-06-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.19, ivv -0.04, vblix +0.14, tlt -0.09",
+  "ref_full": "vweax +0.11, vblix +0.26, tlt -0.17, fxy +0.04, efa -0.03, vnq +0.01"
+ },
+ "pennx": {
+  "sym": "pennx",
+  "name": "Royce Small-Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00877523310971636,
+  "alpha_t_5y": 0.4114106002633989,
+  "alpha_t_full": 0.16503835373232506,
+  "r2_5y": 0.9406772463931634,
+  "r2_full": 0.9564983606448129,
+  "corr_portfolio": 0.2879428555445985,
+  "corr_benchmark": 0.5413396435438118,
+  "alpha_pos_frac": 0.5431034482758621,
+  "fund_max_dd": -0.5699986832089872,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.76, ivv +0.31, efa +0.09, qqq -0.12, djp -0.04, vnq -0.04",
+  "ref_full": "iwm +0.76, ivv +0.21, efa +0.06, vnq -0.03, djp +0.03, qqq -0.04"
+ },
+ "peopx": {
+  "sym": "peopx",
+  "name": "BNY Mellon S&P 500 Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0037976558358713604,
+  "alpha_t_5y": -0.6176869698505861,
+  "alpha_t_full": -0.6489139895046346,
+  "r2_5y": 0.9923730154246512,
+  "r2_full": 0.9875188035458817,
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+  "corr_benchmark": 0.6163057871975196,
+  "alpha_pos_frac": 0.40129449838187703,
+  "fund_max_dd": -0.5551421648262652,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.97, qqq +0.02",
+  "ref_full": "ivv +0.95, vwo +0.01, vnq +0.01, qqq +0.02, gsg +0.01"
+ },
+ "pequx": {
+  "sym": "pequx",
+  "name": "PUTNAM FOCUSED INTERNATIONAL EQUITY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007672335818663562,
+  "alpha_t_5y": 0.3148127013645272,
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+  "r2_5y": 0.8696241529615403,
+  "r2_full": 0.9281119229253999,
+  "corr_portfolio": 0.31470685857300573,
+  "corr_benchmark": 0.5824471863761062,
+  "alpha_pos_frac": 0.4798206278026906,
+  "fund_max_dd": -0.703122952170135,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.54, vwo +0.21, qqq +0.12, vweax +0.26",
+  "ref_full": "efa +0.44, ivv +0.23, vwo +0.10, vweax +0.20, qqq +0.08, iwm +0.05"
+ },
+ "pespx": {
+  "sym": "pespx",
+  "name": "BNY Mellon Midcap Index Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012038911638156347,
+  "alpha_t_5y": -0.6225426157777486,
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+  "r2_5y": 0.94543231663784,
+  "r2_full": 0.9550923806732815,
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+  "corr_benchmark": 0.5641308516169997,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.5542950102770463,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.59, ivv +0.57, qqq -0.25, vnq +0.05, fxy -0.08, vea +0.08",
+  "ref_full": "iwm +0.58, ivv +0.45, qqq -0.10, vnq +0.04, djp +0.04, vweax +0.08"
+ },
+ "pexmx": {
+  "sym": "pexmx",
+  "name": "T. Rowe Price Extended Equity Market Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02624391361989832,
+  "alpha_t_5y": -1.4150097819939975,
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+  "r2_5y": 0.9608847102186222,
+  "r2_full": 0.963208113114123,
+  "corr_portfolio": 0.22763119450862992,
+  "corr_benchmark": 0.5666831622055984,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.5794748064132105,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.75, qqq +0.23, vweax +0.13, vnq +0.03, fxy -0.04",
+  "ref_full": "iwm +0.68, qqq +0.16, ivv +0.12, vweax +0.12, djp +0.03, vnq +0.03"
+ },
+ "peyax": {
+  "sym": "peyax",
+  "name": "PUTNAM LARGE CAP VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03463831405595197,
+  "alpha_t_5y": 2.2981665198278143,
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+  "r2_5y": 0.9373779304791667,
+  "r2_full": 0.9554980141197006,
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+  "corr_benchmark": 0.5344381468066888,
+  "alpha_pos_frac": 0.4798206278026906,
+  "fund_max_dd": -0.5146951503243322,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.27, qqq -0.59, iwm +0.15, vea +0.10, ief -0.06, gsg +0.02",
+  "ref_full": "ivv +1.06, qqq -0.34, iwm +0.13, efa +0.08, ief -0.08, gsg +0.02"
+ },
+ "pflrx": {
+  "sym": "pflrx",
+  "name": "Putnam Floating Rate Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.009294195136077951,
+  "alpha_t_5y": 1.0834975994841956,
+  "alpha_t_full": 0.04278394335310267,
+  "r2_5y": 0.47513690739171577,
+  "r2_full": 0.5786695011289414,
+  "corr_portfolio": 0.3094628283236659,
+  "corr_benchmark": 0.24933113853514885,
+  "alpha_pos_frac": 0.48717948717948717,
+  "fund_max_dd": -0.32851697194627005,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.47, vmbix -0.11, fxe -0.03",
+  "ref_full": "vweax +0.58, ief -0.10, iwm -0.02, agg +0.07, vnq +0.01"
+ },
+ "pfsax": {
+  "sym": "pfsax",
+  "name": "PGIM Jennison Financial Services Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.009526653433534824,
+  "alpha_t_5y": 0.268337809251732,
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+  "r2_full": 0.8403259021910257,
+  "corr_portfolio": 0.3595935750629374,
+  "corr_benchmark": 0.4582700398168905,
+  "alpha_pos_frac": 0.4470588235294118,
+  "fund_max_dd": -0.5523287357447194,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.30, ivv +1.49, qqq -0.72, gld -0.11, efa +0.14, ief -0.14",
+  "ref_full": "ivv +0.87, qqq -0.39, iwm +0.29, efa +0.31, gld -0.09, tlt -0.06"
+ },
+ "pfslx": {
+  "sym": "pfslx",
+  "name": "Paradigm Select Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.039840125588198876,
+  "alpha_t_5y": 0.9919737884889527,
+  "alpha_t_full": 0.44648786658690565,
+  "r2_5y": 0.8533121835160035,
+  "r2_full": 0.8951834677987163,
+  "corr_portfolio": 0.2328617107071564,
+  "corr_benchmark": 0.5663674824077501,
+  "alpha_pos_frac": 0.47533632286995514,
+  "fund_max_dd": -0.5238151042823442,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.67, qqq +0.33, vea +0.67, efa -0.58, gsg -0.04",
+  "ref_full": "iwm +0.67, qqq +0.17, vnq -0.08, ivv +0.19, agg +0.13, vweax +0.10"
+ },
+ "pfxf": {
+  "sym": "pfxf",
+  "name": "VanEck Preferred Securities ex Financials ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.018210970640886205,
+  "alpha_t_5y": -0.6789632464768818,
+  "alpha_t_full": -0.8568713465750911,
+  "r2_5y": 0.656296727103715,
+  "r2_full": 0.6264842071848158,
+  "corr_portfolio": 0.2335996519509493,
+  "corr_benchmark": 0.5981419395547352,
+  "alpha_pos_frac": 0.50920245398773,
+  "fund_max_dd": -0.3549405222980784,
+  "first": "2012-07-20",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.17, vweax +0.43, agg +0.30, iwm +0.09, vea +0.09, vnq +0.06",
+  "ref_full": "ivv +0.18, agg +1.73, ief -0.72, vnq +0.15, vweax +0.49, vmbix -0.45"
+ },
+ "pgdix": {
+  "sym": "pgdix",
+  "name": "Diversified Income Fund (f/k/a Global Diversified Income Fund)",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 1.807139196376582e-05,
+  "alpha_t_5y": 0.0019285878544466663,
+  "alpha_t_full": 1.980616311873732,
+  "r2_5y": 0.6961442987669179,
+  "r2_full": 0.6364120437408103,
+  "corr_portfolio": 0.30646260408143494,
+  "corr_benchmark": 0.589110782118715,
+  "alpha_pos_frac": 0.4563106796116505,
+  "fund_max_dd": -0.237601821742342,
+  "first": "2008-12-17",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "vweax +0.27, agg +0.30, efa +0.06, iwm +0.02, qqq -0.05, ivv +0.06",
+  "ref_full": "vnq +0.10, vweax +0.34, vwo +0.08, agg +0.17, fxe +0.09, gld -0.02"
+ },
+ "pgeix": {
+  "sym": "pgeix",
+  "name": "Polen Emerging Markets Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0800263865402573,
+  "alpha_t_5y": -1.4153192553660687,
+  "alpha_t_full": -1.3500421129374691,
+  "r2_5y": 0.6481409957327549,
+  "r2_full": 0.6216918525536427,
+  "corr_portfolio": 0.06634917200636273,
+  "corr_benchmark": 0.4009328143855441,
+  "alpha_pos_frac": 0.625,
+  "fund_max_dd": -0.492424219393378,
+  "first": "2020-10-19",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.87, gsg -0.07, vea +1.74, efa -1.51, vnq -0.09, gld -0.08",
+  "ref_full": "vwo +1.01, gsg -0.06"
+ },
+ "pgeox": {
+  "sym": "pgeox",
+  "name": "GEORGE PUTNAM FUND OF BOSTON",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0010499994301666866,
+  "alpha_t_5y": 0.15948446347585815,
+  "alpha_t_full": -2.55975547855552,
+  "r2_5y": 0.9802521500710187,
+  "r2_full": 0.9515421270630189,
+  "corr_portfolio": 0.2590824763726946,
+  "corr_benchmark": 0.7144321680815223,
+  "alpha_pos_frac": 0.5260115606936416,
+  "fund_max_dd": -0.5063291505183176,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.55, agg +0.05, qqq +0.05, vblix +0.08, vmbix +0.13, iwm +0.01",
+  "ref_full": "ivv +0.59, agg +0.14, vweax +0.10, ief +0.09, vwo +0.01, iwm +0.02"
+ },
+ "pggax": {
+  "sym": "pggax",
+  "name": "American Funds Global Growth Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.027104930241752423,
+  "alpha_t_5y": -1.9384472510965538,
+  "alpha_t_full": -1.3023393891161605,
+  "r2_5y": 0.9630105620062673,
+  "r2_full": 0.9609852448296977,
+  "corr_portfolio": 0.2665020520448951,
+  "corr_benchmark": 0.6180825355663426,
+  "alpha_pos_frac": 0.5212121212121212,
+  "fund_max_dd": -0.3440665191990774,
+  "first": "2012-05-22",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.13, vwo +0.12, vea +0.28, qqq +0.31, iwm +0.11, vweax +0.11",
+  "ref_full": "ivv +0.10, vea +0.31, qqq +0.30, iwm +0.09, vwo +0.09, vweax +0.19"
+ },
+ "pggix": {
+  "sym": "pggix",
+  "name": "PUTNAM GLOBAL INCOME TRUST",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01916343310958338,
+  "alpha_t_5y": -2.8092695882049497,
+  "alpha_t_full": 0.6398388803537174,
+  "r2_5y": 0.8914684689388316,
+  "r2_full": 0.5522906612900136,
+  "corr_portfolio": 0.02258874692232828,
+  "corr_benchmark": 0.6071702323378692,
+  "alpha_pos_frac": 0.515695067264574,
+  "fund_max_dd": -0.2681045724793484,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.25, fxe +0.11, fxy +0.10, vweax +0.16, ief +0.23, vea +0.02",
+  "ref_full": "fxe +0.18, agg +0.08, vweax +0.20, fxy +0.11, ief +0.20, efa +0.04"
+ },
+ "pgjax": {
+  "sym": "pgjax",
+  "name": "PGIM Jennison Global Infrastructure Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0013320546925886787,
+  "alpha_t_5y": 0.04319622180965115,
+  "alpha_t_full": -0.02430917790951679,
+  "r2_5y": 0.7143680879437257,
+  "r2_full": 0.7699058185087967,
+  "corr_portfolio": 0.3399575947961548,
+  "corr_benchmark": 0.5611659877896849,
+  "alpha_pos_frac": 0.5100671140939598,
+  "fund_max_dd": -0.36664638198669763,
+  "first": "2013-09-26",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.26, vea +0.35, djp +0.06, qqq -0.27, ivv +0.41, ief +0.16",
+  "ref_full": "vea +0.37, vnq +0.28, gsg +0.05, vweax +0.19, gld +0.04, ivv +0.08"
+ },
+ "pgkax": {
+  "sym": "pgkax",
+  "name": "PGIM Jennison Technology Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006161377542251029,
+  "alpha_t_5y": -0.16643032577858857,
+  "alpha_t_full": 0.0598724147740568,
+  "r2_5y": 0.9049265824793851,
+  "r2_full": 0.9062555537290005,
+  "corr_portfolio": 0.027682586996486454,
+  "corr_benchmark": 0.6150427301662096,
+  "alpha_pos_frac": 0.43478260869565216,
+  "fund_max_dd": -0.485896478277541,
+  "first": "2018-06-20",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.47, ivv -0.54, iwm +0.13",
+  "ref_full": "qqq +1.35, ivv -0.45, iwm +0.15, tlt +0.11, vmbix -0.26"
+ },
+ "pgnax": {
+  "sym": "pgnax",
+  "name": "PGIM Jennison Natural Resources Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": null,
+  "alpha_t_5y": NaN,
+  "alpha_t_full": -0.9486526835040594,
+  "r2_5y": NaN,
+  "r2_full": 0.817694818770638,
+  "corr_portfolio": 0.08183608016663571,
+  "corr_benchmark": 0.21430211496599427,
+  "alpha_pos_frac": 0.4961832061068702,
+  "fund_max_dd": -0.7156398043070942,
+  "first": "2007-06-04",
+  "verdict": "no 5y window",
+  "alpha_name": false,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "vwo +0.31, gsg +0.44, ivv +0.52, gld +0.30, vnq -0.14, iwm +0.24"
+ },
+ "pgoax": {
+  "sym": "pgoax",
+  "name": "PGIM JENNISON SMALL COMPANY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01668181548543228,
+  "alpha_t_5y": -0.772577316653423,
+  "alpha_t_full": -0.12239165807153203,
+  "r2_5y": 0.9376333886812582,
+  "r2_full": 0.9408841977401565,
+  "corr_portfolio": 0.27704460529005365,
+  "corr_benchmark": 0.5533331881550394,
+  "alpha_pos_frac": 0.4663677130044843,
+  "fund_max_dd": -0.5656820575753753,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.69, ivv +0.30, vea +0.35, qqq -0.10, fxy -0.06, efa -0.23",
+  "ref_full": "iwm +0.69, ivv +0.23, vweax +0.16, djp +0.04, agg +0.24, ief -0.17"
+ },
+ "pgrnx": {
+  "sym": "pgrnx",
+  "name": "Impax Global Environmental Markets Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.039984386250480876,
+  "alpha_t_5y": -1.5131541520899152,
+  "alpha_t_full": -1.1110796042212316,
+  "r2_5y": 0.8832551365444323,
+  "r2_full": 0.9069184215492726,
+  "corr_portfolio": 0.28908973826942125,
+  "corr_benchmark": 0.6063037634388917,
+  "alpha_pos_frac": 0.46511627906976744,
+  "fund_max_dd": -0.5254395246869658,
+  "first": "2008-03-31",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.49, vea +0.45, gsg -0.05, iwm +0.09, vweax +0.23",
+  "ref_full": "vea +0.38, ivv +0.41, iwm +0.15, vweax +0.26, fxe +0.09, vnq -0.03"
+ },
+ "pgrox": {
+  "sym": "pgrox",
+  "name": "BNY Mellon Worldwide Growth Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.044634980345370875,
+  "alpha_t_5y": -2.6109592788178855,
+  "alpha_t_full": -0.1572231076689298,
+  "r2_5y": 0.9400002733978058,
+  "r2_full": 0.9273778152696184,
+  "corr_portfolio": 0.25372969602646644,
+  "corr_benchmark": 0.6214504030025514,
+  "alpha_pos_frac": 0.4618834080717489,
+  "fund_max_dd": -0.47747953213589023,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.75, efa +0.66, iwm -0.09, vea -0.45, qqq +0.08, vwo +0.05",
+  "ref_full": "ivv +0.81, efa +0.25, iwm -0.10, vnq -0.06, fxe +0.13, ief +0.10"
+ },
+ "pgsix": {
+  "sym": "pgsix",
+  "name": "PUTNAM MORTGAGE SECURITIES FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00606067787904008,
+  "alpha_t_5y": 0.22887555011726074,
+  "alpha_t_full": -0.26336018369660585,
+  "r2_5y": 0.4561901821104891,
+  "r2_full": 0.2951595532059903,
+  "corr_portfolio": 0.03291500162663316,
+  "corr_benchmark": 0.442574634983087,
+  "alpha_pos_frac": 0.517948717948718,
+  "fund_max_dd": -0.22278455023542265,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.95",
+  "ref_full": "agg +0.21, vweax +0.22, ief +0.43, efa +0.02, tlt -0.09, vnq +0.02"
+ },
+ "pgvax": {
+  "sym": "pgvax",
+  "name": "PGIM GOVERNMENT INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010514555511226101,
+  "alpha_t_5y": -1.6068561002683321,
+  "alpha_t_full": -1.5621456012571153,
+  "r2_5y": 0.9320524862710354,
+  "r2_full": 0.7767960744901593,
+  "corr_portfolio": -0.13365504927537805,
+  "corr_benchmark": 0.6345641743946662,
+  "alpha_pos_frac": 0.6011560693641619,
+  "fund_max_dd": -0.21587822357319053,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.26, ief +0.26, vweax +0.10, ivv -0.02, vmbix +0.23, vblix +0.07",
+  "ref_full": "ief +0.46, vweax +0.08, agg +0.10, vnq +0.01, vwo +0.01, tlt +0.03"
+ },
+ "pgwax": {
+  "sym": "pgwax",
+  "name": "Virtus Silvant Focused Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.025952578211565203,
+  "alpha_t_5y": -1.0445485267171446,
+  "alpha_t_full": -1.2272862272631133,
+  "r2_5y": 0.9350913922673308,
+  "r2_full": 0.9409882628100191,
+  "corr_portfolio": 0.14337637652874352,
+  "corr_benchmark": 0.604940388326626,
+  "alpha_pos_frac": 0.5201793721973094,
+  "fund_max_dd": -0.664607312347052,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.74, ivv +0.45, vea -0.69, efa +0.57, vnq -0.06, vwo +0.06",
+  "ref_full": "qqq +0.60, ivv +0.47, vnq -0.03, agg +0.05"
+ },
+ "pheax": {
+  "sym": "pheax",
+  "name": "PGIM Global Total Return (USD Hedged) Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015028668525867163,
+  "alpha_t_5y": -1.7338201045297772,
+  "alpha_t_full": -0.6418627210865826,
+  "r2_5y": 0.7828053028980725,
+  "r2_full": 0.7615182644597513,
+  "corr_portfolio": 0.007729324796808906,
+  "corr_benchmark": 0.6876315559429306,
+  "alpha_pos_frac": 0.5816326530612245,
+  "fund_max_dd": -0.2343623880675647,
+  "first": "2017-12-13",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.34, vweax +0.26, ief +0.25, tlt -0.15, vmbix -0.14, gsg -0.01",
+  "ref_full": "vblix +0.28, vweax +0.27, agg +0.11, tlt -0.10, vmbix -0.15, ief +0.17"
+ },
+ "phizx": {
+  "sym": "phizx",
+  "name": "PGIM Muni High Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0046616055954526265,
+  "alpha_t_5y": -0.2869471097597526,
+  "alpha_t_full": 1.0545112027663324,
+  "r2_5y": 0.36102160996534594,
+  "r2_full": 0.26983784052897697,
+  "corr_portfolio": 0.06294927896467394,
+  "corr_benchmark": 0.29976447839320225,
+  "alpha_pos_frac": 0.6184971098265896,
+  "fund_max_dd": -0.1880123438222404,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.42, ivv -0.10, vblix +0.31, tlt -0.17, vnq +0.03",
+  "ref_full": "vweax +0.36, ief +0.07, fxy +0.04, efa -0.03, agg +0.10, vnq +0.01"
+ },
+ "phlax": {
+  "sym": "phlax",
+  "name": "PGIM Jennison Health Sciences Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": null,
+  "alpha_t_5y": NaN,
+  "alpha_t_full": 0.9008775396918315,
+  "r2_5y": NaN,
+  "r2_full": 0.659178433541294,
+  "corr_portfolio": 0.22800399630732848,
+  "corr_benchmark": 0.27563957739853234,
+  "alpha_pos_frac": 0.4897959183673469,
+  "fund_max_dd": -0.42408484202177965,
+  "first": "2007-06-04",
+  "verdict": "no 5y window",
+  "alpha_name": false,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "iwm +0.61, qqq +0.35, vnq -0.13, vwo -0.13, agg +0.32, ivv +0.16"
+ },
+ "phstx": {
+  "sym": "phstx",
+  "name": "PUTNAM GLOBAL HEALTH CARE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01319255510611454,
+  "alpha_t_5y": 0.3196346628338062,
+  "alpha_t_full": 0.8682827561208899,
+  "r2_5y": 0.5276235912913649,
+  "r2_full": 0.665836702672526,
+  "corr_portfolio": 0.2545256412608181,
+  "corr_benchmark": 0.4842871825185496,
+  "alpha_pos_frac": 0.4977578475336323,
+  "fund_max_dd": -0.45513778475316935,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.05, qqq -0.50, efa +1.06, vea -0.90, ief +0.20, gsg -0.05",
+  "ref_full": "ivv +0.58, efa +0.23, vwo -0.10, gsg -0.04, agg +0.21, tlt -0.06"
+ },
+ "phyix": {
+  "sym": "phyix",
+  "name": "PUTNAM HIGH YIELD FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002324230361238682,
+  "alpha_t_5y": -0.25408354176773973,
+  "alpha_t_full": 0.8022443777108088,
+  "r2_5y": 0.7752606235024423,
+  "r2_full": 0.7654618016227359,
+  "corr_portfolio": 0.3173759246439919,
+  "corr_benchmark": 0.4674865934254459,
+  "alpha_pos_frac": 0.5549132947976878,
+  "fund_max_dd": -0.3124573345260716,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.73, ivv +0.03, vea +0.02, iwm +0.02, tlt +0.10, vblix -0.12",
+  "ref_full": "vweax +0.76, efa +0.01, djp +0.01, agg +0.13, ief -0.08, ivv +0.02"
+ },
+ "phyl": {
+  "sym": "phyl",
+  "name": "PGIM Active High Yield Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00021628142418410247,
+  "alpha_t_5y": -0.020738691116622847,
+  "alpha_t_full": -0.4030661217090606,
+  "r2_5y": 0.7978792797177825,
+  "r2_full": 0.7521366891874,
+  "corr_portfolio": 0.23769756784724355,
+  "corr_benchmark": 0.6175546391264902,
+  "alpha_pos_frac": 0.550561797752809,
+  "fund_max_dd": -0.2206842807858872,
+  "first": "2018-09-28",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.52, ivv +0.08, agg +0.41, iwm +0.03, gsg +0.02, vblix -0.07",
+  "ref_full": "vweax +0.58, ivv +0.20, vnq +0.04, agg +0.16, gsg +0.02, qqq -0.05"
+ },
+ "physx": {
+  "sym": "physx",
+  "name": "PIA High Yield Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0029059482722590263,
+  "alpha_t_5y": 0.26889690314895387,
+  "alpha_t_full": 3.0320193563743483,
+  "r2_5y": 0.5501680667833474,
+  "r2_full": 0.5960972990047448,
+  "corr_portfolio": 0.32596098530328316,
+  "corr_benchmark": 0.3534302681773009,
+  "alpha_pos_frac": 0.5524861878453039,
+  "fund_max_dd": -0.19862598531080722,
+  "first": "2011-01-13",
+  "verdict": "alpha, but correlated with current portfolio",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.53, efa +0.04, fxy -0.03",
+  "ref_full": "vweax +0.54, vea +0.03, ief -0.03"
+ },
+ "piafx": {
+  "sym": "piafx",
+  "name": "Invesco Multi-Asset Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.018883683546936453,
+  "alpha_t_5y": -1.78054022673237,
+  "alpha_t_full": -1.9479206624140015,
+  "r2_5y": 0.8698808674136677,
+  "r2_full": 0.7081320581933247,
+  "corr_portfolio": 0.2936242675533314,
+  "corr_benchmark": 0.720787301610445,
+  "alpha_pos_frac": 0.6058823529411764,
+  "fund_max_dd": -0.30412713823920845,
+  "first": "2011-12-15",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": true,
+  "ref_5y": "ivv +0.22, vblix +0.22, vea +0.16, vweax +0.17, fxe -0.09, qqq -0.05",
+  "ref_full": "vweax +0.57, vnq +0.07, agg +0.39, ivv +0.18, tlt +0.14, vmbix -0.33"
+ },
+ "piamx": {
+  "sym": "piamx",
+  "name": "PIA High Yield (MACS) Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.008095710297434767,
+  "alpha_t_5y": 0.7680061860360844,
+  "alpha_t_full": 1.680882525638637,
+  "r2_5y": 0.5697387449796187,
+  "r2_full": 0.6193233585447038,
+  "corr_portfolio": 0.32496370670834335,
+  "corr_benchmark": 0.40382370240350984,
+  "alpha_pos_frac": 0.47959183673469385,
+  "fund_max_dd": -0.1814997586291619,
+  "first": "2017-12-27",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.54, vea +0.04, fxy -0.02",
+  "ref_full": "vweax +0.54, vea +0.02"
+ },
+ "piasx": {
+  "sym": "piasx",
+  "name": "PIA Short-Term Securities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0016461612321137867,
+  "alpha_t_5y": 0.49571765792237543,
+  "alpha_t_full": 1.7144853172751662,
+  "r2_5y": 0.4338414512674236,
+  "r2_full": 0.24505030344147016,
+  "corr_portfolio": -0.03850980419266495,
+  "corr_benchmark": 0.30034461237622184,
+  "alpha_pos_frac": 0.4312267657992565,
+  "fund_max_dd": -0.025817253581702726,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.08, tlt -0.04, vweax +0.03, ivv -0.01, agg +0.10",
+  "ref_full": "agg +0.03, ief +0.09, tlt -0.03, vweax +0.02, fxy +0.01, vnq +0.00"
+ },
+ "pibax": {
+  "sym": "pibax",
+  "name": "PGIM BALANCED FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.000601734785910879,
+  "alpha_t_5y": -0.06187012770717648,
+  "alpha_t_full": -0.4182141528457603,
+  "r2_5y": 0.9522435283567083,
+  "r2_full": 0.8934503530566926,
+  "corr_portfolio": 0.29353236941329236,
+  "corr_benchmark": 0.7014654688409393,
+  "alpha_pos_frac": 0.5375722543352601,
+  "fund_max_dd": -0.4113736677931532,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.43, agg +0.20, vea +0.13, iwm +0.06, vnq -0.03, vblix +0.06",
+  "ref_full": "ivv +0.42, agg +0.20, iwm +0.08, efa +0.08, tlt +0.05"
+ },
+ "piefx": {
+  "sym": "piefx",
+  "name": "Federated Hermes Emerging Markets Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016596536580104286,
+  "alpha_t_5y": -0.3979535032742602,
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+  "first": "2017-04-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.85, qqq +0.15, efa -1.37, vea +1.34, vmbix -0.22",
+  "ref_full": "vwo +0.78, qqq +0.17, vnq -0.06, vweax +0.22, agg -0.21, gld +0.05"
+ },
+ "pieqx": {
+  "sym": "pieqx",
+  "name": "T. Rowe Price International Equity Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004279841388533181,
+  "alpha_t_5y": 0.41555937034876644,
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+  "r2_5y": 0.9767779370266357,
+  "r2_full": 0.9696800592672594,
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+  "alpha_pos_frac": 0.5426008968609866,
+  "fund_max_dd": -0.6073070563191256,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.85, fxe +0.08, vweax +0.06, vea +0.09",
+  "ref_full": "efa +0.86, vweax +0.19, fxe +0.09, vwo +0.02, vnq -0.02, ivv +0.03"
+ },
+ "pigdx": {
+  "sym": "pigdx",
+  "name": "Federated Hermes International Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "r2_full": 0.8847588659746437,
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+  "alpha_pos_frac": 0.48333333333333334,
+  "fund_max_dd": -0.42755967279964624,
+  "first": "2016-03-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.57, qqq +0.35, vwo +0.27, ivv -0.24, vweax +0.23, vmbix -0.10",
+  "ref_full": "vea +0.56, qqq +0.37, vwo +0.19, ivv -0.26, vweax +0.20, gld +0.05"
+ },
+ "pincx": {
+  "sym": "pincx",
+  "name": "PUTNAM INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007258281823264938,
+  "alpha_t_5y": -0.8758233242782544,
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+  "fund_max_dd": -0.31077846025439837,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.21, vmbix +0.32, vweax +0.10, ief +0.18, vblix +0.05",
+  "ref_full": "agg +0.22, vweax +0.22, ief +0.33, vnq +0.01, vwo +0.01"
+ },
+ "pisdx": {
+  "sym": "pisdx",
+  "name": "Columbia Pyrford International Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_t_5y": 0.8313715194397654,
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+  "r2_full": 0.9008789897636127,
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+  "alpha_pos_frac": 0.46774193548387094,
+  "fund_max_dd": -0.23697281953978122,
+  "first": "2021-01-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.65, fxe +0.17, vnq +0.08, iwm -0.04, qqq -0.04, vwo +0.04",
+  "ref_full": "efa +0.65, fxe +0.17, vnq +0.08, iwm -0.04, qqq -0.04, vwo +0.04"
+ },
+ "pishx": {
+  "sym": "pishx",
+  "name": "Preferred Securities and Income SMA Shares",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_t_5y": 0.024411115599435342,
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+  "alpha_pos_frac": 0.5714285714285714,
+  "fund_max_dd": -0.2711869425820461,
+  "first": "2019-03-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.49, efa +0.06, ivv -0.05, fxy -0.03",
+  "ref_full": "vweax +0.77, vnq +0.04, vmbix -0.30, agg +0.86, ief -0.52, qqq -0.05"
+ },
+ "piuix": {
+  "sym": "piuix",
+  "name": "Federated Hermes International Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.034483350279721554,
+  "alpha_t_5y": -1.8287185953820384,
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+  "fund_max_dd": -0.6141731734667119,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.69, vwo +0.17, qqq +0.06, vweax +0.21, vmbix -0.08",
+  "ref_full": "efa +0.63, vweax +0.33, vwo +0.10, qqq +0.05, fxe +0.10, iwm +0.04"
+ },
+ "pjdax": {
+  "sym": "pjdax",
+  "name": "PGIM JENNISON RISING DIVIDEND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013364195310742493,
+  "alpha_t_5y": -0.624939876184319,
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+  "r2_full": 0.9145331165926301,
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+  "fund_max_dd": -0.3362786463821471,
+  "first": "2014-03-07",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.12, qqq -0.44, iwm +0.07, vea +0.14, fxe -0.15, djp +0.03",
+  "ref_full": "ivv +1.09, qqq -0.30, vea +0.08, fxe -0.07, iwm +0.04, agg -0.07"
+ },
+ "pjeax": {
+  "sym": "pjeax",
+  "name": "PGIM US Real Estate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.028233279906015644,
+  "alpha_t_5y": 1.5521248788338704,
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+  "corr_benchmark": 0.5648730328261469,
+  "alpha_pos_frac": 0.46153846153846156,
+  "fund_max_dd": -0.434201609072702,
+  "first": "2010-12-22",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.99, fxy -0.06",
+  "ref_full": "vnq +1.00, ief -0.06, qqq +0.01"
+ },
+ "pjgrx": {
+  "sym": "pjgrx",
+  "name": "PGIM JENNISON GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05376194075685656,
+  "alpha_t_5y": -2.0692931279942597,
+  "alpha_t_full": -1.6700267300272724,
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+  "alpha_pos_frac": 0.4881889763779528,
+  "fund_max_dd": -0.48009082818281856,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.99, iwm +0.04",
+  "ref_full": "qqq +0.76, ivv +0.24, vnq -0.06, iwm +0.07, agg +0.10, fxe +0.04"
+ },
+ "pjiax": {
+  "sym": "pjiax",
+  "name": "PGIM JENNISON FOCUSED VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01862957577396824,
+  "alpha_t_5y": 0.9256273188645725,
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+  "r2_5y": 0.9102030119467536,
+  "r2_full": 0.933449642985972,
+  "corr_portfolio": 0.3646155331018018,
+  "corr_benchmark": 0.5219155227733477,
+  "alpha_pos_frac": 0.5067264573991032,
+  "fund_max_dd": -0.5803350460949311,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.25, qqq -0.50, vea +0.20, iwm +0.14, vnq -0.07, fxy -0.07",
+  "ref_full": "ivv +0.75, iwm +0.23, efa +0.13, qqq -0.15, tlt -0.05, gsg +0.03"
+ },
+ "pjrax": {
+  "sym": "pjrax",
+  "name": "PGIM QUANT SOLUTIONS INTERNATIONAL EQUITY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.016848999539039903,
+  "alpha_t_5y": 1.0001203450532268,
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+  "r2_5y": 0.9350970202438333,
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+  "corr_benchmark": 0.5274803386892036,
+  "alpha_pos_frac": 0.5426008968609866,
+  "fund_max_dd": -0.6794493377977772,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +1.06, vwo +0.20, vnq -0.05, efa -0.30, fxy -0.04",
+  "ref_full": "efa +0.72, vwo +0.13, vweax +0.20, fxe +0.10, agg -0.09, djp +0.03"
+ },
+ "plbbx": {
+  "sym": "plbbx",
+  "name": "Plumb Balanced Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.045003778658662376,
+  "alpha_t_5y": -1.870497907013814,
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+  "r2_5y": 0.8569779671564132,
+  "r2_full": 0.9004175886290625,
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+  "corr_benchmark": 0.6159554625609988,
+  "alpha_pos_frac": 0.5466666666666666,
+  "fund_max_dd": -0.4325927703704806,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.24, qqq +0.32, iwm +0.12, vweax +0.20",
+  "ref_full": "ivv +0.41, qqq +0.20, iwm +0.10, vweax +0.12, vnq -0.04, ief +0.09"
+ },
+ "plbex": {
+  "sym": "plbex",
+  "name": "Plumb Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07224958431727893,
+  "alpha_t_5y": -2.3206885204349987,
+  "alpha_t_full": -3.0375908280052117,
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+  "r2_full": 0.9091858649105414,
+  "corr_portfolio": 0.16104965543037375,
+  "corr_benchmark": 0.5986018656823955,
+  "alpha_pos_frac": 0.4711111111111111,
+  "fund_max_dd": -0.5247915013625419,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.78, iwm +0.20, efa +0.08",
+  "ref_full": "ivv +0.53, qqq +0.40, iwm +0.15, vnq -0.06, vweax +0.12, tlt +0.03"
+ },
+ "plusx": {
+  "sym": "plusx",
+  "name": "DWS Multi-Asset Moderate Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012532540204929854,
+  "alpha_t_5y": -1.9553099380609187,
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+  "r2_5y": 0.9801504909287272,
+  "r2_full": 0.9645553179061213,
+  "corr_portfolio": 0.314050610220202,
+  "corr_benchmark": 0.6911824172729804,
+  "alpha_pos_frac": 0.5739910313901345,
+  "fund_max_dd": -0.5338651598679094,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.34, vea +0.15, agg +0.27, iwm +0.05, vwo +0.07, vnq +0.04",
+  "ref_full": "ivv +0.34, efa +0.18, vnq +0.05, vwo +0.09, iwm +0.07, agg +0.12"
+ },
+ "pmegx": {
+  "sym": "pmegx",
+  "name": "T. Rowe Price Institutional Mid-Cap Equity Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06583008018735885,
+  "alpha_t_5y": -2.503576240411811,
+  "alpha_t_full": -0.3719545324672071,
+  "r2_5y": 0.8879503431814246,
+  "r2_full": 0.9296506367376719,
+  "corr_portfolio": 0.219901371065793,
+  "corr_benchmark": 0.6100665472341495,
+  "alpha_pos_frac": 0.5560344827586207,
+  "fund_max_dd": -0.5588499494696892,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.35, iwm +0.33, vnq +0.12, qqq +0.16, djp -0.03",
+  "ref_full": "ivv +0.36, iwm +0.34, qqq +0.17, efa +0.07, vweax +0.11, djp +0.02"
+ },
+ "pmtgx": {
+  "sym": "pmtgx",
+  "name": "PIA MBS Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0005471253714178198,
+  "alpha_t_5y": -0.061770107530841285,
+  "alpha_t_full": -0.5261837738215791,
+  "r2_5y": 0.8790018782297851,
+  "r2_full": 0.6299195248517493,
+  "corr_portfolio": -0.10449523975284405,
+  "corr_benchmark": 0.6266629240509172,
+  "alpha_pos_frac": 0.6102564102564103,
+  "fund_max_dd": -0.16907023360243612,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.72, ief +0.15, vweax +0.09, qqq -0.02, gsg -0.01, vea +0.02",
+  "ref_full": "ief +0.47, efa +0.02, agg +0.16, tlt -0.05, vnq +0.01, vweax +0.04"
+ },
+ "pmvax": {
+  "sym": "pmvax",
+  "name": "Putnam Sustainable Future Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.09485884235874707,
+  "alpha_t_5y": -3.0122863691386357,
+  "alpha_t_full": -2.0448309834345197,
+  "r2_5y": 0.8798593296439766,
+  "r2_full": 0.8913748219341888,
+  "corr_portfolio": 0.07997805413937256,
+  "corr_benchmark": 0.6523307263767432,
+  "alpha_pos_frac": 0.4823529411764706,
+  "fund_max_dd": -0.4419999274222084,
+  "first": "2019-01-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.11, iwm +0.38, qqq +0.48, djp -0.05, vblix +0.07",
+  "ref_full": "ivv +0.04, qqq +0.52, iwm +0.37, vblix +0.15, gsg -0.03, vmbix -0.17"
+ },
+ "pnbax": {
+  "sym": "pnbax",
+  "name": "Virtus NFJ Large-Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.017301967495748288,
+  "alpha_t_5y": -0.772830056058717,
+  "alpha_t_full": -1.7974878188826582,
+  "r2_5y": 0.893091574206917,
+  "r2_full": 0.9496770137721281,
+  "corr_portfolio": 0.3409935266835361,
+  "corr_benchmark": 0.5722840211585848,
+  "alpha_pos_frac": 0.46551724137931033,
+  "fund_max_dd": -0.627428151228808,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.93, vnq +0.14, iwm +0.18, qqq -0.31, vweax +0.17, djp +0.03",
+  "ref_full": "ivv +1.09, qqq -0.29, iwm +0.10, efa +0.06, gsg +0.03, vnq +0.03"
+ },
+ "pneax": {
+  "sym": "pneax",
+  "name": "Virtus NFJ Dividend Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0032267832923806423,
+  "alpha_t_5y": 0.13290316211492834,
+  "alpha_t_full": -1.1456655600550962,
+  "r2_5y": 0.8713179659010105,
+  "r2_full": 0.9368850770254575,
+  "corr_portfolio": 0.3445880684032292,
+  "corr_benchmark": 0.5672948921963767,
+  "alpha_pos_frac": 0.5067264573991032,
+  "fund_max_dd": -0.5968318435957211,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.90, vnq +0.23, qqq -0.37, iwm +0.13, vea +0.39, efa -0.30",
+  "ref_full": "ivv +1.06, qqq -0.32, iwm +0.10, efa +0.09, vnq +0.05, gsg +0.02"
+ },
+ "pngax": {
+  "sym": "pngax",
+  "name": "Putnam International Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03702095856596214,
+  "alpha_t_5y": 1.9114708050883946,
+  "alpha_t_full": -0.1788196637316525,
+  "r2_5y": 0.9134144399556654,
+  "r2_full": 0.9411642210129069,
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+  "corr_benchmark": 0.48588485439583146,
+  "alpha_pos_frac": 0.5361702127659574,
+  "fund_max_dd": -0.6478085173149496,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.91, qqq -0.26, gsg +0.03, ivv +0.31, fxe +0.13, vnq -0.06",
+  "ref_full": "efa +0.89, vweax +0.23, qqq -0.08, djp +0.05, fxe +0.09, iwm +0.05"
+ },
+ "pnopx": {
+  "sym": "pnopx",
+  "name": "PUTNAM SUSTAINABLE LEADERS FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03623993406049023,
+  "alpha_t_5y": -2.7053711832785043,
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+  "r2_5y": 0.9656959695683475,
+  "r2_full": 0.958910325918294,
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+  "corr_benchmark": 0.6136347268875793,
+  "alpha_pos_frac": 0.574468085106383,
+  "fund_max_dd": -0.7414695528069606,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.84, qqq +0.11, gsg -0.03, efa +0.03",
+  "ref_full": "ivv +0.54, qqq +0.28, efa +0.07, iwm +0.10, vnq -0.04, vwo +0.02"
+ },
+ "pnrax": {
+  "sym": "pnrax",
+  "name": "Putnam U.S. Research Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.006937337664736646,
+  "alpha_t_5y": 0.6070619585567781,
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+  "r2_5y": 0.9742627901448235,
+  "r2_full": 0.9792849589267406,
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+  "corr_benchmark": 0.6082408893482397,
+  "alpha_pos_frac": 0.5369649805447471,
+  "fund_max_dd": -0.5727464927405788,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.92, qqq +0.05, vnq -0.03, iwm +0.03",
+  "ref_full": "ivv +0.84, qqq +0.07, iwm +0.04, vwo +0.03, gsg +0.01, ief -0.04"
+ },
+ "pnsax": {
+  "sym": "pnsax",
+  "name": "Putnam Small Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015017666826745794,
+  "alpha_t_5y": -0.4417247589931531,
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+  "r2_full": 0.9224125487464224,
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+  "fund_max_dd": -0.6756500265416356,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.82, qqq +0.45, ivv -0.30, vnq -0.08, vea +0.09, djp -0.04",
+  "ref_full": "iwm +0.84, qqq +0.36, vnq -0.07, ivv -0.13, gld +0.04"
+ },
+ "pnvax": {
+  "sym": "pnvax",
+  "name": "Putnam International Small Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005625923391976078,
+  "alpha_t_5y": -0.2348883370798815,
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+  "r2_5y": 0.866833290768894,
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+  "alpha_pos_frac": 0.5201793721973094,
+  "fund_max_dd": -0.6490959755048249,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.70, vweax +0.39, fxe +0.24, ivv +0.06",
+  "ref_full": "efa +0.61, vweax +0.47, fxe +0.21, vwo +0.08, iwm +0.05, djp +0.04"
+ },
+ "pogax": {
+  "sym": "pogax",
+  "name": "Putnam Large Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03663479616955126,
+  "alpha_t_5y": -2.1714231234089496,
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+  "r2_full": 0.9572502403948869,
+  "corr_portfolio": 0.15037798580951137,
+  "corr_benchmark": 0.6178617057386717,
+  "alpha_pos_frac": 0.5515695067264574,
+  "fund_max_dd": -0.7655163818400119,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.68, ivv +0.48, iwm -0.05, vea -0.05, vnq -0.04, gsg -0.02",
+  "ref_full": "qqq +0.49, ivv +0.59, vnq -0.05, gld +0.02, agg +0.04"
+ },
+ "pomix": {
+  "sym": "pomix",
+  "name": "T. Rowe Price Total Equity Market Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0030516555963294436,
+  "alpha_t_5y": -0.3517271143410921,
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+  "r2_5y": 0.9856358786444718,
+  "r2_full": 0.9918808564114265,
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+  "corr_benchmark": 0.6183564949247312,
+  "alpha_pos_frac": 0.48109965635738833,
+  "fund_max_dd": -0.5560786338303656,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.80, iwm +0.12, qqq +0.06, vweax +0.05",
+  "ref_full": "ivv +0.82, iwm +0.12, qqq +0.04, gsg +0.01, vnq +0.01, vwo +0.01"
+ },
+ "povsx": {
+  "sym": "povsx",
+  "name": "PUTNAM INTERNATIONAL EQUITY FUND /MA/",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.009338244638190161,
+  "alpha_t_5y": 0.5140368066719873,
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+  "r2_5y": 0.9297165500815429,
+  "r2_full": 0.9316781598651339,
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+  "corr_benchmark": 0.536012503953651,
+  "alpha_pos_frac": 0.6053811659192825,
+  "fund_max_dd": -0.6296914328002784,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.57, vea +0.33, fxe +0.13, gsg -0.02, vnq -0.04, ivv +0.05",
+  "ref_full": "efa +0.84, vweax +0.28, vnq -0.04, fxe +0.11, vwo +0.03, qqq +0.03"
+ },
+ "ppiax": {
+  "sym": "ppiax",
+  "name": "DWS Short Duration Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0003702266449280793,
+  "alpha_t_5y": 0.06946432565878,
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+  "r2_5y": 0.7022175927817994,
+  "r2_full": 0.2042322044980972,
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+  "corr_benchmark": 0.4109016209718758,
+  "alpha_pos_frac": 0.45664739884393063,
+  "fund_max_dd": -0.09012090529392658,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.07, vweax +0.13, ief +0.20, tlt -0.21, vblix +0.22, ivv -0.02",
+  "ref_full": "vweax +0.16, ief +0.18, tlt -0.06, agg +0.06, fxe +0.02"
+ },
+ "ppnax": {
+  "sym": "ppnax",
+  "name": "Putnam Strategic Intermediate Municipal Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008345338903864599,
+  "alpha_t_5y": -0.8323592565325891,
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+  "r2_5y": 0.3981253674781817,
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+  "corr_portfolio": 0.05979544508950956,
+  "corr_benchmark": 0.3293428694148038,
+  "alpha_pos_frac": 0.5549132947976878,
+  "fund_max_dd": -0.1246807269628053,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.26, ief +0.06, ivv -0.05, vnq +0.02, vblix +0.18, tlt -0.11",
+  "ref_full": "vweax +0.25, ief +0.06, fxy +0.03, agg +0.10, efa -0.02, vnq +0.01"
+ },
+ "ppqax": {
+  "sym": "ppqax",
+  "name": "PIMCO REALPATH Blend 2050 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0054733328625580025,
+  "alpha_t_5y": -0.6589864805249614,
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+  "r2_5y": 0.9803582014026425,
+  "r2_full": 0.9727599130921999,
+  "corr_portfolio": 0.3203385256305766,
+  "corr_benchmark": 0.654820832770519,
+  "alpha_pos_frac": 0.5895522388059702,
+  "fund_max_dd": -0.3159144350886982,
+  "first": "2015-01-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.47, vea +0.26, vwo +0.09, vnq +0.03, vmbix +0.10, iwm +0.03",
+  "ref_full": "ivv +0.45, vea +0.23, vblix +0.07, vwo +0.08, vnq +0.04, iwm +0.03"
+ },
+ "pqcnx": {
+  "sym": "pqcnx",
+  "name": "PGIM Core Conservative Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005462380940624885,
+  "alpha_t_5y": -1.1501087083204697,
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+  "r2_5y": 0.9637528540915623,
+  "r2_full": 0.9427811289232061,
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+  "corr_benchmark": 0.7103048425543876,
+  "alpha_pos_frac": 0.5523809523809524,
+  "fund_max_dd": -0.1966830194156195,
+  "first": "2017-05-30",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.09, vblix +0.32, tlt -0.16, ief +0.35, vmbix +0.17, vweax +0.06",
+  "ref_full": "ief +0.33, vweax +0.07, vblix +0.28, vmbix +0.25, tlt -0.12, fxy +0.01"
+ },
+ "pqnax": {
+  "sym": "pqnax",
+  "name": "Virtus NFJ Mid-Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009914689446179015,
+  "alpha_t_5y": -0.3506883718128907,
+  "alpha_t_full": -0.8770080622262125,
+  "r2_5y": 0.8653820901660364,
+  "r2_full": 0.9239241786941241,
+  "corr_portfolio": 0.3193668779213482,
+  "corr_benchmark": 0.5833355814293157,
+  "alpha_pos_frac": 0.4977578475336323,
+  "fund_max_dd": -0.5903013076750305,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.31, vnq +0.24, ivv +0.56, qqq -0.23, vweax +0.26, vea +0.10",
+  "ref_full": "ivv +0.74, iwm +0.26, qqq -0.22, vnq +0.08, vweax +0.22, efa +0.08"
+ },
+ "pqtsx": {
+  "sym": "pqtsx",
+  "name": "PGIM TIPS Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0013715088827968636,
+  "alpha_t_5y": -0.09360701928815941,
+  "alpha_t_full": 0.18414475105989947,
+  "r2_5y": 0.6812118811673057,
+  "r2_full": 0.6510796110301145,
+  "corr_portfolio": -0.05620344151323078,
+  "corr_benchmark": 0.5929100656524257,
+  "alpha_pos_frac": 0.47619047619047616,
+  "fund_max_dd": -0.14529576855936022,
+  "first": "2017-05-30",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.48, vweax +0.15, gsg +0.04, vblix +0.39, tlt -0.24, efa -0.02",
+  "ref_full": "ief +0.45, djp +0.05, vblix +0.12, vweax +0.11"
+ },
+ "prafx": {
+  "sym": "prafx",
+  "name": "T. Rowe Price Real Assets Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.028373016552173932,
+  "alpha_t_5y": -1.159052390158504,
+  "alpha_t_full": -1.6860017788319974,
+  "r2_5y": 0.8900729643230133,
+  "r2_full": 0.8816241624779765,
+  "corr_portfolio": 0.3616104070333625,
+  "corr_benchmark": 0.5200870121157017,
+  "alpha_pos_frac": 0.47058823529411764,
+  "fund_max_dd": -0.3804713911897474,
+  "first": "2010-07-30",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.42, vnq +0.33, djp +0.18, gld +0.19, iwm +0.13, agg -0.25",
+  "ref_full": "vea +0.41, vnq +0.31, djp +0.16, gld +0.20, iwm +0.14, agg -0.33"
+ },
+ "prasx": {
+  "sym": "prasx",
+  "name": "T. Rowe Price New Asia Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.043601770167554336,
+  "alpha_t_5y": -1.3777524997190784,
+  "alpha_t_full": -0.22671836482855923,
+  "r2_5y": 0.8617347058677913,
+  "r2_full": 0.7469497416646604,
+  "corr_portfolio": 0.2270964862712669,
+  "corr_benchmark": 0.42628099815029613,
+  "alpha_pos_frac": 0.5560538116591929,
+  "fund_max_dd": -0.7052965632119634,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.91, qqq +0.33, ivv -0.43, fxy -0.14, vea +1.29, efa -1.18",
+  "ref_full": "vwo +0.62, vweax +0.49, qqq +0.23, vnq -0.04, fxe -0.12, ivv -0.14"
+ },
+ "prblx": {
+  "sym": "prblx",
+  "name": "Parnassus Core Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013286246673237901,
+  "alpha_t_5y": -0.8038479272794882,
+  "alpha_t_full": 0.9537404316040607,
+  "r2_5y": 0.9410263122909903,
+  "r2_full": 0.9471455310370207,
+  "corr_portfolio": 0.2529541274621002,
+  "corr_benchmark": 0.6219976429749845,
+  "alpha_pos_frac": 0.4425531914893617,
+  "fund_max_dd": -0.4220243990379131,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.94, vnq +0.05, gsg -0.03, iwm -0.04, ief +0.05",
+  "ref_full": "ivv +0.81, qqq +0.06, agg +0.08, iwm +0.02"
+ },
+ "prcix": {
+  "sym": "prcix",
+  "name": "T. Rowe Price New Income Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008193136687389089,
+  "alpha_t_5y": -1.585494535868911,
+  "alpha_t_full": -1.1396342618686992,
+  "r2_5y": 0.953942290167655,
+  "r2_full": 0.8489230367986232,
+  "corr_portfolio": -0.07390681462461982,
+  "corr_benchmark": 0.6730349742448988,
+  "alpha_pos_frac": 0.5838150289017341,
+  "fund_max_dd": -0.1914343226386086,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg -0.16, vweax +0.06, ief +0.41, vblix +0.37, vmbix +0.27, tlt -0.18",
+  "ref_full": "ief +0.40, vweax +0.26, tlt +0.05, vnq +0.01, agg +0.08, ivv -0.01"
+ },
+ "prcox": {
+  "sym": "prcox",
+  "name": "T. Rowe Price U.S. Equity Research Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.002094871214021783,
+  "alpha_t_5y": 0.23538657614207228,
+  "alpha_t_full": 0.15705658816802248,
+  "r2_5y": 0.9845785473543487,
+  "r2_full": 0.9898102427048641,
+  "corr_portfolio": 0.2793212368117234,
+  "corr_benchmark": 0.6156565329333397,
+  "alpha_pos_frac": 0.42718446601941745,
+  "fund_max_dd": -0.5396349449411743,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.93, qqq +0.06",
+  "ref_full": "ivv +0.90, qqq +0.06, efa +0.02, iwm +0.02, fxy -0.02, gsg +0.01"
+ },
+ "prcpx": {
+  "sym": "prcpx",
+  "name": "T. Rowe Price Credit Opportunities Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0065710088519525065,
+  "alpha_t_5y": 0.8914158424169706,
+  "alpha_t_full": 0.011288178114596441,
+  "r2_5y": 0.853948781005942,
+  "r2_full": 0.7349101403469809,
+  "corr_portfolio": 0.29507505709464416,
+  "corr_benchmark": 0.34975035520803566,
+  "alpha_pos_frac": 0.704225352112676,
+  "fund_max_dd": -0.23069708071542339,
+  "first": "2014-05-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.80, vmbix +0.03, vblix +0.32, tlt -0.19, agg -0.22, gsg +0.01",
+  "ref_full": "vweax +0.84, agg -0.50, vblix +0.15, vmbix +0.13, iwm +0.02, fxy +0.03"
+ },
+ "prdgx": {
+  "sym": "prdgx",
+  "name": "T. Rowe Price Dividend Growth Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004311942067698279,
+  "alpha_t_5y": -0.307497667510473,
+  "alpha_t_full": 1.7426745878826733,
+  "r2_5y": 0.9418404432787306,
+  "r2_full": 0.9673164861050666,
+  "corr_portfolio": 0.33565727897385983,
+  "corr_benchmark": 0.5920883360618564,
+  "alpha_pos_frac": 0.521551724137931,
+  "fund_max_dd": -0.4979905429846535,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.15, qqq -0.36, vnq +0.07, efa +0.08, djp -0.02, vwo -0.03",
+  "ref_full": "ivv +0.97, qqq -0.18, vnq +0.04, efa +0.07, gsg -0.01, fxy -0.02"
+ },
+ "prdmx": {
+  "sym": "prdmx",
+  "name": "T. Rowe Price Diversified Mid-Cap Growth Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05254144164379919,
+  "alpha_t_5y": -1.6139219764235386,
+  "alpha_t_full": -0.997375974163045,
+  "r2_5y": 0.8760523476483434,
+  "r2_full": 0.9248307197008778,
+  "corr_portfolio": 0.1684411951880748,
+  "corr_benchmark": 0.6117438083271549,
+  "alpha_pos_frac": 0.5408560311284046,
+  "fund_max_dd": -0.5757291400081517,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.02, iwm +0.38, qqq +0.53, vnq +0.06",
+  "ref_full": "ivv +0.30, iwm +0.33, qqq +0.33, vwo +0.04, agg +0.11, djp +0.03"
+ },
+ "prdsx": {
+  "sym": "prdsx",
+  "name": "T. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.020470353640085207,
+  "alpha_t_5y": -0.9761022853496375,
+  "alpha_t_full": 0.34705906428765404,
+  "r2_5y": 0.9461911860630744,
+  "r2_full": 0.9554484211065113,
+  "corr_portfolio": 0.22615277703065123,
+  "corr_benchmark": 0.5869032907231128,
+  "alpha_pos_frac": 0.5381165919282511,
+  "fund_max_dd": -0.5894759809358068,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.73, qqq +0.21, gsg -0.02, vea +0.05",
+  "ref_full": "iwm +0.71, qqq +0.20, vnq -0.04, efa +0.03, agg +0.08, ivv +0.07"
+ },
+ "prefx": {
+  "sym": "prefx",
+  "name": "T. Rowe Price Tax-Efficient Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03536347899179118,
+  "alpha_t_5y": -2.010665455121721,
+  "alpha_t_full": -1.5065570337549796,
+  "r2_5y": 0.9621186934610708,
+  "r2_full": 0.9550303889284191,
+  "corr_portfolio": 0.1609796336184138,
+  "corr_benchmark": 0.6229780554004963,
+  "alpha_pos_frac": 0.5560538116591929,
+  "fund_max_dd": -0.5670103213099924,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.65, ivv +0.43, vea -0.33, efa +0.25, vwo +0.04",
+  "ref_full": "ivv +0.47, qqq +0.47, iwm +0.09, gld +0.01, agg +0.05, djp +0.02"
+ },
+ "preix": {
+  "sym": "preix",
+  "name": "T. Rowe Price Equity Index 500 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0006461831616031568,
+  "alpha_t_5y": 0.08570760910377827,
+  "alpha_t_full": -0.43303783130106316,
+  "r2_5y": 0.9884664593304597,
+  "r2_full": 0.9922967338907578,
+  "corr_portfolio": 0.28552423571778457,
+  "corr_benchmark": 0.6163541166252502,
+  "alpha_pos_frac": 0.5307443365695793,
+  "fund_max_dd": -0.5532910116612155,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.94, qqq +0.03, iwm +0.02",
+  "ref_full": "ivv +0.96, vnq +0.01, vwo +0.01, qqq +0.02, gsg +0.01, fxy -0.01"
+ },
+ "premx": {
+  "sym": "premx",
+  "name": "T. Rowe Price Emerging Markets Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002889801040786824,
+  "alpha_t_5y": -0.1662098670570705,
+  "alpha_t_full": 0.12296690006774824,
+  "r2_5y": 0.5781106796709994,
+  "r2_full": 0.4937624383889907,
+  "corr_portfolio": 0.2151914326331403,
+  "corr_benchmark": 0.38165826465490116,
+  "alpha_pos_frac": 0.5606936416184971,
+  "fund_max_dd": -0.43220405372884274,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.72, vblix +0.44, tlt -0.27, fxe +0.03, ivv -0.06, vwo +0.04",
+  "ref_full": "vweax +0.78, vwo +0.10, tlt +0.06, qqq -0.04, fxe +0.05, iwm -0.02"
+ },
+ "presx": {
+  "sym": "presx",
+  "name": "T. Rowe Price European Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016938341879076096,
+  "alpha_t_5y": -0.7874790484083025,
+  "alpha_t_full": 0.12208458684803057,
+  "r2_5y": 0.9159223714646738,
+  "r2_full": 0.9154904723908215,
+  "corr_portfolio": 0.3143544878092174,
+  "corr_benchmark": 0.5244409722437705,
+  "alpha_pos_frac": 0.5022421524663677,
+  "fund_max_dd": -0.598619723420077,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +1.24, fxe +0.34, vweax +0.29, gsg -0.04, fxy -0.11, vea -0.33",
+  "ref_full": "efa +0.89, fxe +0.31, vweax +0.31, vwo -0.05, fxy -0.05"
+ },
+ "prfdx": {
+  "sym": "prfdx",
+  "name": "T. Rowe Price Equity Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01177864038819418,
+  "alpha_t_5y": 0.6609139852945817,
+  "alpha_t_full": 1.212512355732613,
+  "r2_5y": 0.9163714824334909,
+  "r2_full": 0.950692194239006,
+  "corr_portfolio": 0.41059227467005194,
+  "corr_benchmark": 0.5068245207131868,
+  "alpha_pos_frac": 0.4618834080717489,
+  "fund_max_dd": -0.5814048748826355,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.32, qqq -0.70, iwm +0.17, vea +0.16, ief -0.07, gsg +0.02",
+  "ref_full": "ivv +1.08, qqq -0.42, iwm +0.15, efa +0.10, vnq +0.05, tlt -0.05"
+ },
+ "prfhx": {
+  "sym": "prfhx",
+  "name": "T. Rowe Price Tax-Free High Yield Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0016018976465196955,
+  "alpha_t_5y": -0.10612195384509708,
+  "alpha_t_full": 1.0150436009712969,
+  "r2_5y": 0.41106788049612664,
+  "r2_full": 0.31134414282386647,
+  "corr_portfolio": 0.061850043959495386,
+  "corr_benchmark": 0.3499297396557526,
+  "alpha_pos_frac": 0.6011560693641619,
+  "fund_max_dd": -0.24761367532506873,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.41, vblix +0.32, ivv -0.09, tlt -0.17, vnq +0.03",
+  "ref_full": "vweax +0.36, ief +0.08, iwm -0.03, agg +0.12, fxy +0.03, vnq +0.01"
+ },
+ "prfrx": {
+  "sym": "prfrx",
+  "name": "T. Rowe Price Floating Rate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.018982244887051792,
+  "alpha_t_5y": 2.309997731760414,
+  "alpha_t_full": 1.990445413108755,
+  "r2_5y": 0.4635791219931077,
+  "r2_full": 0.49431335285650824,
+  "corr_portfolio": 0.2690895919530133,
+  "corr_benchmark": 0.16759630181760646,
+  "alpha_pos_frac": 0.48,
+  "fund_max_dd": -0.2004492320156408,
+  "first": "2011-08-02",
+  "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.46, vmbix -0.11, iwm -0.01, fxe -0.03",
+  "ref_full": "vweax +0.54, agg -0.29, tlt +0.05, fxy +0.03, qqq -0.01"
+ },
+ "prfsx": {
+  "sym": "prfsx",
+  "name": "T. Rowe Price Tax-Free Short-Intermediate Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01378944140210993,
+  "alpha_t_5y": -1.9417108427469363,
+  "alpha_t_full": 0.4875410686661644,
+  "r2_5y": 0.29998185720873394,
+  "r2_full": 0.21404190850694904,
+  "corr_portfolio": 0.02885677905964834,
+  "corr_benchmark": 0.3022315338394705,
+  "alpha_pos_frac": 0.4734982332155477,
+  "fund_max_dd": -0.06622702235182476,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.20, ief +0.06, ivv -0.02",
+  "ref_full": "vweax +0.13, ief +0.03, agg +0.05, fxy +0.02, gsg -0.00"
+ },
+ "prfz": {
+  "sym": "prfz",
+  "name": "Invesco RAFI US 1500 Small-Mid ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.029012252470383807,
+  "alpha_t_5y": 1.8991757719960158,
+  "alpha_t_full": 1.3278045303494697,
+  "r2_5y": 0.9713427144090747,
+  "r2_full": 0.963557265795242,
+  "corr_portfolio": 0.2959095779192841,
+  "corr_benchmark": 0.5285197425638496,
+  "alpha_pos_frac": 0.39914163090128757,
+  "fund_max_dd": -0.6241380163404521,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.89, gsg +0.01, vnq -0.01, qqq -0.19, ivv +0.28, vweax +0.08",
+  "ref_full": "iwm +0.91, djp +0.04, vnq +0.04, vweax +0.07, tlt -0.05, agg +0.08"
+ },
+ "prgfx": {
+  "sym": "prgfx",
+  "name": "T. Rowe Price Growth Stock Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0621592460686594,
+  "alpha_t_5y": -2.6337471966217514,
+  "alpha_t_full": -2.6045297609408165,
+  "r2_5y": 0.9386618726030563,
+  "r2_full": 0.945634362202064,
+  "corr_portfolio": 0.13003335259566215,
+  "corr_benchmark": 0.607589773306901,
+  "alpha_pos_frac": 0.5919282511210763,
+  "fund_max_dd": -0.540133607461905,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.82, ivv +0.24, vea -0.54, efa +0.42, vwo +0.07, vweax +0.12",
+  "ref_full": "qqq +0.59, ivv +0.44, vnq -0.04, agg +0.07, vwo +0.03, vweax +0.08"
+ },
+ "prgmx": {
+  "sym": "prgmx",
+  "name": "T. Rowe Price GNMA Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0064245693769090645,
+  "alpha_t_5y": -0.9301712574400415,
+  "alpha_t_full": -1.2387627278977134,
+  "r2_5y": 0.9278101080997079,
+  "r2_full": 0.6665342828034652,
+  "corr_portfolio": -0.0706605559505961,
+  "corr_benchmark": 0.6280981231943326,
+  "alpha_pos_frac": 0.45664739884393063,
+  "fund_max_dd": -0.17794116364332313,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.83, vweax +0.07, ief +0.13, tlt -0.12, vblix +0.12, fxe -0.02",
+  "ref_full": "ief +0.52, vweax +0.15, efa +0.01, agg +0.13, tlt -0.06, iwm +0.01"
+ },
+ "prgsx": {
+  "sym": "prgsx",
+  "name": "T. Rowe Price Global Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03298841934780929,
+  "alpha_t_5y": -1.502066179365629,
+  "alpha_t_full": -0.9400007375325188,
+  "r2_5y": 0.9319756738691728,
+  "r2_full": 0.9372271625784465,
+  "corr_portfolio": 0.22843565147246797,
+  "corr_benchmark": 0.5943008202800062,
+  "alpha_pos_frac": 0.5246636771300448,
+  "fund_max_dd": -0.6405935323784374,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.47, vea +0.62, vwo +0.12, iwm +0.14, vnq -0.08, efa -0.27",
+  "ref_full": "ivv +0.30, vwo +0.17, qqq +0.33, efa +0.26, vweax +0.20, vnq -0.05"
+ },
+ "prgtx": {
+  "sym": "prgtx",
+  "name": "T. Rowe Price Global Technology Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.031447688422323705,
+  "alpha_t_5y": -0.6128949589846734,
+  "alpha_t_full": 0.09699634987844256,
+  "r2_5y": 0.8580529480683814,
+  "r2_full": 0.860855106090717,
+  "corr_portfolio": 0.025204360570885428,
+  "corr_benchmark": 0.557364417280563,
+  "alpha_pos_frac": 0.549800796812749,
+  "fund_max_dd": -0.7500000923581741,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.85, ivv -1.29, iwm +0.30, vwo +0.22",
+  "ref_full": "qqq +1.18, vwo +0.15, ivv -0.44, iwm +0.23, vnq -0.07, tlt +0.06"
+ },
+ "prhsx": {
+  "sym": "prhsx",
+  "name": "T. Rowe Price Health Sciences Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009684493323043294,
+  "alpha_t_5y": -0.19843776572963628,
+  "alpha_t_full": 1.3412158641150185,
+  "r2_5y": 0.5631851610506959,
+  "r2_full": 0.7039165858098893,
+  "corr_portfolio": 0.16322865740056094,
+  "corr_benchmark": 0.5108171837399165,
+  "alpha_pos_frac": 0.5191489361702127,
+  "fund_max_dd": -0.42956042298912245,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.40, iwm +0.21, vnq +0.15, gsg -0.07, fxe +0.13",
+  "ref_full": "ivv +0.47, iwm +0.30, qqq +0.12, agg +0.21, vnq -0.06, gsg -0.03"
+ },
+ "prhyx": {
+  "sym": "prhyx",
+  "name": "T. Rowe Price High Yield Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0005511783227422419,
+  "alpha_t_5y": -0.0646673187659606,
+  "alpha_t_full": 0.9393523918574834,
+  "r2_5y": 0.8352019211099985,
+  "r2_full": 0.8156584351009115,
+  "corr_portfolio": 0.3039921344562706,
+  "corr_benchmark": 0.4106169009086231,
+  "alpha_pos_frac": 0.5606936416184971,
+  "fund_max_dd": -0.3081286486380057,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.88, agg -0.15, vblix +0.29, tlt -0.19",
+  "ref_full": "vweax +0.89, efa +0.01, ief -0.03, vnq +0.01"
+ },
+ "pridx": {
+  "sym": "pridx",
+  "name": "T. Rowe Price International Discovery Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.043256727440074035,
+  "alpha_t_5y": -1.7769359732711265,
+  "alpha_t_full": -0.19102133378394195,
+  "r2_5y": 0.8806298279046043,
+  "r2_full": 0.8740629184435791,
+  "corr_portfolio": 0.2886968205250515,
+  "corr_benchmark": 0.5585139298374133,
+  "alpha_pos_frac": 0.5336322869955157,
+  "fund_max_dd": -0.6493353201241514,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.57, vwo +0.23, vweax +0.42, qqq +0.16, fxe +0.16, ivv -0.14",
+  "ref_full": "efa +0.45, vweax +0.55, vwo +0.12, qqq +0.13, fxe +0.17, vnq -0.04"
+ },
+ "prigx": {
+  "sym": "prigx",
+  "name": "T. Rowe Price Global Value Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.020330858347664106,
+  "alpha_t_5y": 1.2960094237640771,
+  "alpha_t_full": 1.643132169805149,
+  "r2_5y": 0.9357773609283941,
+  "r2_full": 0.9517435828293145,
+  "corr_portfolio": 0.4001366014303038,
+  "corr_benchmark": 0.5593039064285317,
+  "alpha_pos_frac": 0.4601226993865031,
+  "fund_max_dd": -0.36762480335847036,
+  "first": "2012-07-30",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.81, ivv +0.76, qqq -0.29, iwm +0.10, efa -0.40, vnq -0.07",
+  "ref_full": "ivv +0.63, vea +0.41, qqq -0.20, iwm +0.09, ief -0.09, gld +0.03"
+ },
+ "prihx": {
+  "sym": "prihx",
+  "name": "T. Rowe Price Intermediate Tax-Free High Yield Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0026820137958380626,
+  "alpha_t_5y": -0.288087311490927,
+  "alpha_t_full": 1.2935898320822619,
+  "r2_5y": 0.4098391378531565,
+  "r2_full": 0.3967013601806535,
+  "corr_portfolio": 0.05114643882505112,
+  "corr_benchmark": 0.3309124222672294,
+  "alpha_pos_frac": 0.5611510791366906,
+  "fund_max_dd": -0.12415744889699931,
+  "first": "2014-07-29",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.25, vblix +0.26, ivv -0.04, tlt -0.15",
+  "ref_full": "vweax +0.14, vblix +0.29, tlt -0.21, efa -0.03, agg +0.12, fxy +0.03"
+ },
+ "prijx": {
+  "sym": "prijx",
+  "name": "T. Rowe Price Emerging Markets Discovery Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.011751660839124555,
+  "alpha_t_5y": 0.4124784289703895,
+  "alpha_t_full": 0.4393453818080677,
+  "r2_5y": 0.8514750741816477,
+  "r2_full": 0.8558182878190081,
+  "corr_portfolio": 0.3115481043672766,
+  "corr_benchmark": 0.4624454533771541,
+  "alpha_pos_frac": 0.56,
+  "fund_max_dd": -0.416667744005374,
+  "first": "2015-09-15",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.69, vea +1.50, efa -1.23, vnq -0.09, fxy -0.09",
+  "ref_full": "vwo +0.62, vea +1.27, efa -1.02, vweax +0.23, vnq -0.05, ief -0.11"
+ },
+ "prinx": {
+  "sym": "prinx",
+  "name": "T. Rowe Price Summit Municipal Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009978945420271225,
+  "alpha_t_5y": -0.7288721965558727,
+  "alpha_t_full": 0.8978813192558034,
+  "r2_5y": 0.4067278356119669,
+  "r2_full": 0.30362650435166805,
+  "corr_portfolio": 0.03896594900073883,
+  "corr_benchmark": 0.35209533399342435,
+  "alpha_pos_frac": 0.5780346820809249,
+  "fund_max_dd": -0.15702059853289585,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.34, ief +0.08, ivv -0.07, vnq +0.03, vblix +0.26, tlt -0.15",
+  "ref_full": "vweax +0.30, ief +0.08, fxy +0.04, agg +0.11, efa -0.03, vnq +0.01"
+ },
+ "pripx": {
+  "sym": "pripx",
+  "name": "T. Rowe Price Inflation Protected Bond Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006898796136239332,
+  "alpha_t_5y": -0.44663454029780775,
+  "alpha_t_full": 0.09913902962207259,
+  "r2_5y": 0.6556176361929542,
+  "r2_full": 0.6566847318311464,
+  "corr_portfolio": -0.06251941913314667,
+  "corr_benchmark": 0.5722967287360559,
+  "alpha_pos_frac": 0.5431034482758621,
+  "fund_max_dd": -0.1625834136777914,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.25, djp +0.06, ief +0.45, vweax +0.10, fxe -0.05",
+  "ref_full": "ief +0.58, djp +0.02, vweax +0.13, tlt +0.06, gsg +0.02, fxe +0.02"
+ },
+ "prisx": {
+  "sym": "prisx",
+  "name": "T. Rowe Price Financial Services Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.042368742633276175,
+  "alpha_t_5y": 1.1448059783767053,
+  "alpha_t_full": 1.7896706524143002,
+  "r2_5y": 0.8111463314773565,
+  "r2_full": 0.8562257325003191,
+  "corr_portfolio": 0.41080611841916165,
+  "corr_benchmark": 0.40907622947010697,
+  "alpha_pos_frac": 0.4980392156862745,
+  "fund_max_dd": -0.6734298933227485,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.37, ivv +1.58, qqq -0.93, ief -0.31, gld -0.10, efa +0.17",
+  "ref_full": "iwm +0.39, ivv +1.19, qqq -0.61, gld -0.09, vnq +0.10, ief -0.24"
+ },
+ "pritx": {
+  "sym": "pritx",
+  "name": "T. Rowe Price International Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03363309199783818,
+  "alpha_t_5y": -1.6002257128780857,
+  "alpha_t_full": -1.3323177662171934,
+  "r2_5y": 0.9072734156686986,
+  "r2_full": 0.9387378477385397,
+  "corr_portfolio": 0.3020770186310091,
+  "corr_benchmark": 0.5574954597843025,
+  "alpha_pos_frac": 0.5515695067264574,
+  "fund_max_dd": -0.6137944333392843,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.61, vwo +0.25, qqq +0.16, djp -0.04, vweax +0.14, ivv -0.10",
+  "ref_full": "efa +0.57, vwo +0.20, vweax +0.29, qqq +0.10, fxe +0.07, vnq -0.02"
+ },
+ "prjax": {
+  "sym": "prjax",
+  "name": "PGIM Jennison Global Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.10331805938505469,
+  "alpha_t_5y": -2.7985364531238273,
+  "alpha_t_full": -1.5009448801046072,
+  "r2_5y": 0.8767781121895913,
+  "r2_full": 0.8616551415683293,
+  "corr_portfolio": 0.10844358415893751,
+  "corr_benchmark": 0.5807989990720986,
+  "alpha_pos_frac": 0.5329341317365269,
+  "fund_max_dd": -0.4829429733194731,
+  "first": "2012-03-15",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.13, vwo +0.11, vea +0.30, ivv -0.55, iwm +0.07, djp -0.04",
+  "ref_full": "qqq +1.06, vea +0.29, ivv -0.54, iwm +0.10, vwo +0.06, vblix +0.05"
+ },
+ "prjpx": {
+  "sym": "prjpx",
+  "name": "T. Rowe Price Japan Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06079219882697728,
+  "alpha_t_5y": -1.337198786353403,
+  "alpha_t_full": -0.15005953185320722,
+  "r2_5y": 0.6828414283523214,
+  "r2_full": 0.656265049642755,
+  "corr_portfolio": 0.2589504178041694,
+  "corr_benchmark": 0.5036844171665527,
+  "alpha_pos_frac": 0.5426008968609866,
+  "fund_max_dd": -0.6825796088518659,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.51, qqq +0.28, fxy +0.31, fxe -0.44, ivv -0.27, efa +0.43",
+  "ref_full": "efa +0.73, fxy +0.31, fxe -0.33, qqq +0.14, vnq -0.08, ief +0.19"
+ },
+ "prkax": {
+  "sym": "prkax",
+  "name": "PGIM Real Estate Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.015327103860224756,
+  "alpha_t_5y": 0.7110518452595845,
+  "alpha_t_full": 0.19202439162366436,
+  "r2_5y": 0.8702494836917604,
+  "r2_full": 0.8533484213366863,
+  "corr_portfolio": 0.28782008348335264,
+  "corr_benchmark": 0.5770476055265025,
+  "alpha_pos_frac": 0.5426356589147286,
+  "fund_max_dd": -0.4696394258424941,
+  "first": "2015-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.57, vea +0.12, iwm +0.09, qqq -0.09, vweax +0.18, vwo +0.04",
+  "ref_full": "vnq +0.55, vea +0.19, qqq -0.14, iwm +0.14, vweax +0.28, agg +0.20"
+ },
+ "prlax": {
+  "sym": "prlax",
+  "name": "T. Rowe Price Latin America Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012325871104425927,
+  "alpha_t_5y": -0.17675715566951747,
+  "alpha_t_full": -0.7113915516854283,
+  "r2_5y": 0.4794931344255884,
+  "r2_full": 0.7279429319997268,
+  "corr_portfolio": 0.2639642700534686,
+  "corr_benchmark": 0.41338033798360596,
+  "alpha_pos_frac": 0.515695067264574,
+  "fund_max_dd": -0.7002770265110818,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.45, vea +0.32, iwm +0.15, djp +0.08",
+  "ref_full": "vwo +0.74, djp +0.17, efa +0.11, agg +0.29, iwm +0.09, vweax +0.23"
+ },
+ "prmdx": {
+  "sym": "prmdx",
+  "name": "T. Rowe Price Maryland Short-Term Tax-Free Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015053939377659052,
+  "alpha_t_5y": -2.638346072519905,
+  "alpha_t_full": -0.9217751069138151,
+  "r2_5y": 0.24162671249170875,
+  "r2_full": 0.13844715247881,
+  "corr_portfolio": 0.06381874322112839,
+  "corr_benchmark": 0.20100782302514555,
+  "alpha_pos_frac": 0.47398843930635837,
+  "fund_max_dd": -0.04174511905757483,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.13, ivv -0.02, vblix +0.11, tlt -0.07",
+  "ref_full": "vweax +0.09, agg +0.04, fxy +0.01, gsg -0.00"
+ },
+ "prmsx": {
+  "sym": "prmsx",
+  "name": "T. Rowe Price Emerging Markets Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04652224777690922,
+  "alpha_t_5y": -1.656210442914173,
+  "alpha_t_full": -1.5145420260741724,
+  "r2_5y": 0.8771803258717726,
+  "r2_full": 0.876295569150699,
+  "corr_portfolio": 0.26268027427304835,
+  "corr_benchmark": 0.45007254950763487,
+  "alpha_pos_frac": 0.5022421524663677,
+  "fund_max_dd": -0.711286566746999,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.86, qqq +0.06, vnq -0.11, vea +1.58, efa -1.45, gld -0.06",
+  "ref_full": "vwo +0.70, vweax +0.45, qqq +0.08, vnq -0.05, iwm +0.04, ief -0.06"
+ },
+ "prmtx": {
+  "sym": "prmtx",
+  "name": "T. Rowe Price Communications & Technology Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.086986764539661,
+  "alpha_t_5y": -2.733430572240353,
+  "alpha_t_full": -0.9260561514736607,
+  "r2_5y": 0.8750233410701732,
+  "r2_full": 0.8908722415258248,
+  "corr_portfolio": 0.09362266575662449,
+  "corr_benchmark": 0.602266922646351,
+  "alpha_pos_frac": 0.5603112840466926,
+  "fund_max_dd": -0.6611533420175144,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.83, vnq +0.09, vweax +0.17",
+  "ref_full": "qqq +0.70, vwo +0.11, vnq +0.04, vweax +0.16, agg +0.12, ivv +0.08"
+ },
+ "prnex": {
+  "sym": "prnex",
+  "name": "T. Rowe Price New Era Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.018745160337505496,
+  "alpha_t_5y": -0.5398279329004275,
+  "alpha_t_full": -0.8068008737375596,
+  "r2_5y": 0.8014673669572441,
+  "r2_full": 0.8487409653850865,
+  "corr_portfolio": 0.39461346009344894,
+  "corr_benchmark": 0.41842753924468734,
+  "alpha_pos_frac": 0.42152466367713004,
+  "fund_max_dd": -0.6655944095425406,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +1.11, gsg +0.32, iwm +0.18, qqq -0.53, ivv +0.78, efa -0.68",
+  "ref_full": "efa +0.33, gsg +0.34, iwm +0.21, vwo +0.15, gld +0.09, ivv +0.21"
+ },
+ "prnhx": {
+  "sym": "prnhx",
+  "name": "T. Rowe Price New Horizons Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.08722563293967425,
+  "alpha_t_5y": -2.144663949377119,
+  "alpha_t_full": -0.3757542769139957,
+  "r2_5y": 0.8431586551191463,
+  "r2_full": 0.8873747071158338,
+  "corr_portfolio": 0.07001504200858648,
+  "corr_benchmark": 0.5998385295343488,
+  "alpha_pos_frac": 0.5260115606936416,
+  "fund_max_dd": -0.5579003262041085,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.62, qqq +0.82, ivv -0.62, vnq +0.11, vblix +0.09",
+  "ref_full": "iwm +0.57, qqq +0.48, tlt +0.06, ivv -0.12, vweax +0.11"
+ },
+ "prnyx": {
+  "sym": "prnyx",
+  "name": "T. Rowe Price New York Tax-Free Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009624252527279118,
+  "alpha_t_5y": -0.6659045559326247,
+  "alpha_t_full": 0.5087416263090367,
+  "r2_5y": 0.3890697364956476,
+  "r2_full": 0.29973203032909446,
+  "corr_portfolio": 0.0225160326168523,
+  "corr_benchmark": 0.3582303350118428,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.1616294297505,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.35, vblix +0.29, ivv -0.08, vnq +0.03, tlt -0.14",
+  "ref_full": "agg +0.11, vweax +0.29, ief +0.09, efa -0.03, fxy +0.03, vnq +0.01"
+ },
+ "provx": {
+  "sym": "provx",
+  "name": "Provident Trust Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013305001574699583,
+  "alpha_t_5y": -0.46637648138719423,
+  "alpha_t_full": 0.2947457763938749,
+  "r2_5y": 0.8038300691465221,
+  "r2_full": 0.8127537080913751,
+  "corr_portfolio": 0.2528081890658962,
+  "corr_benchmark": 0.5410816304807963,
+  "alpha_pos_frac": 0.5336322869955157,
+  "fund_max_dd": -0.5765142254823368,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.05, qqq -0.18, gsg -0.04, vea -0.57, efa +0.50, iwm +0.05",
+  "ref_full": "ivv +0.62, qqq +0.09, vnq -0.06, iwm +0.10, gsg -0.04, tlt -0.03"
+ },
+ "prpax": {
+  "sym": "prpax",
+  "name": "PGIM Jennison Energy Infrastructure Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.09272398406141567,
+  "alpha_t_5y": 1.609078297249233,
+  "alpha_t_full": -0.03785432531173988,
+  "r2_5y": 0.4925943873820883,
+  "r2_full": 0.539630812959218,
+  "corr_portfolio": 0.3025424402149182,
+  "corr_benchmark": 0.334427385576673,
+  "alpha_pos_frac": 0.547945205479452,
+  "fund_max_dd": -0.7003017758040756,
+  "first": "2013-12-20",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.32, gsg +0.36, vnq +0.17, ief -0.20",
+  "ref_full": "iwm +0.40, gsg +0.40, vweax +0.68, vnq +0.14, vmbix -1.20, agg +0.84"
+ },
+ "prpix": {
+  "sym": "prpix",
+  "name": "T. Rowe Price Corporate Income Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0031349002329141696,
+  "alpha_t_5y": -0.5326747366992969,
+  "alpha_t_full": -0.7703155529801541,
+  "r2_5y": 0.952011822528234,
+  "r2_full": 0.8401676491807595,
+  "corr_portfolio": -0.030619609454478044,
+  "corr_benchmark": 0.6576812468485843,
+  "alpha_pos_frac": 0.5375722543352601,
+  "fund_max_dd": -0.24972998583699113,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.66, tlt -0.31, ief +0.28, vweax +0.19, iwm -0.01",
+  "ref_full": "ief +0.37, vweax +0.44, tlt +0.14, fxy +0.02"
+ },
+ "prscx": {
+  "sym": "prscx",
+  "name": "T. Rowe Price Science & Technology Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0031636896317457546,
+  "alpha_t_5y": 0.07735646185460694,
+  "alpha_t_full": -0.11682559488721217,
+  "r2_5y": 0.8832135204114935,
+  "r2_full": 0.8844693113650954,
+  "corr_portfolio": 0.11127326033787904,
+  "corr_benchmark": 0.5636349972019784,
+  "alpha_pos_frac": 0.5258964143426295,
+  "fund_max_dd": -0.8525573072038216,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.31, vwo +0.28, ivv -0.52, iwm +0.15, vnq -0.13",
+  "ref_full": "qqq +0.96, vwo +0.14, iwm +0.19, ivv -0.24, vnq -0.05, vweax +0.12"
+ },
+ "prsgx": {
+  "sym": "prsgx",
+  "name": "T. Rowe Price Spectrum Diversified Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.022200120103328443,
+  "alpha_t_5y": -1.9299771449088359,
+  "alpha_t_full": -0.9016393902441899,
+  "r2_5y": 0.9698574838850144,
+  "r2_full": 0.9626869333459434,
+  "corr_portfolio": 0.3003703183425758,
+  "corr_benchmark": 0.6028769698336272,
+  "alpha_pos_frac": 0.4820717131474104,
+  "fund_max_dd": -0.5647171477223949,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.76, iwm +0.11, efa +0.08, vwo +0.05, qqq -0.06, vweax +0.09",
+  "ref_full": "ivv +0.56, efa +0.16, iwm +0.12, vwo +0.06, vweax +0.09, qqq +0.05"
+ },
+ "prsix": {
+  "sym": "prsix",
+  "name": "T. Rowe Price Spectrum Conservative Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0076338484969144275,
+  "alpha_t_5y": -1.1541317665160125,
+  "alpha_t_full": 0.5878138402081098,
+  "r2_5y": 0.9495000999379909,
+  "r2_full": 0.9440658999239674,
+  "corr_portfolio": 0.30249819072080175,
+  "corr_benchmark": 0.6832664040192934,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.30016574377264627,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.20, agg +0.22, vea +0.09, vwo +0.05, vweax +0.13, iwm +0.04",
+  "ref_full": "ivv +0.22, efa +0.11, ief +0.14, vweax +0.14, iwm +0.05, vwo +0.04"
+ },
+ "prsmx": {
+  "sym": "prsmx",
+  "name": "T. Rowe Price Summit Municipal Intermediate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014243397822220004,
+  "alpha_t_5y": -1.4630757268623273,
+  "alpha_t_full": 1.044390786311672,
+  "r2_5y": 0.4062750329569762,
+  "r2_full": 0.3031175374126275,
+  "corr_portfolio": 0.037428885095898944,
+  "corr_benchmark": 0.3490179952495311,
+  "alpha_pos_frac": 0.5260115606936416,
+  "fund_max_dd": -0.11770717933394925,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.25, ief +0.05, ivv -0.05, vblix +0.20, tlt -0.12, vnq +0.02",
+  "ref_full": "vweax +0.23, ief +0.06, fxy +0.03, agg +0.08, efa -0.02, vnq +0.01"
+ },
+ "prsnx": {
+  "sym": "prsnx",
+  "name": "T. Rowe Price Global Multi-Sector Bond Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007835453847867763,
+  "alpha_t_5y": -0.7928250522305487,
+  "alpha_t_full": 0.7994300275886561,
+  "r2_5y": 0.667017402167404,
+  "r2_full": 0.5804743829504787,
+  "corr_portfolio": 0.11480264680027129,
+  "corr_benchmark": 0.5104032115831177,
+  "alpha_pos_frac": 0.5375722543352601,
+  "fund_max_dd": -0.19064459207767614,
+  "first": "2008-12-17",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg -0.42, vweax +0.24, ief +0.40, vblix +0.31, tlt -0.18, vmbix +0.14",
+  "ref_full": "vweax +0.40, ief +0.26, vwo +0.03, qqq -0.02, vnq +0.01, agg -0.05"
+ },
+ "prsvx": {
+  "sym": "prsvx",
+  "name": "T. Rowe Price Small-Cap Value Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0001510640618869241,
+  "alpha_t_5y": 0.0089054566985952,
+  "alpha_t_full": 1.395429012623724,
+  "r2_5y": 0.9582540989902825,
+  "r2_full": 0.9660967415601261,
+  "corr_portfolio": 0.3129582719340149,
+  "corr_benchmark": 0.524015201956352,
+  "alpha_pos_frac": 0.543859649122807,
+  "fund_max_dd": -0.5537340738856844,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.78, vnq +0.06, qqq -0.29, ivv +0.41, fxy -0.04",
+  "ref_full": "iwm +0.81, vnq +0.04, gsg +0.02, qqq -0.17, ivv +0.22, tlt -0.02"
+ },
+ "prtax": {
+  "sym": "prtax",
+  "name": "T. Rowe Price Tax-Free Income Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009216791566701726,
+  "alpha_t_5y": -0.6737862529043781,
+  "alpha_t_full": 0.7488716328068709,
+  "r2_5y": 0.393554768099759,
+  "r2_full": 0.295440311656863,
+  "corr_portfolio": 0.03652415690347229,
+  "corr_benchmark": 0.341089718493174,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.17227936585547043,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.33, ief +0.08, ivv -0.07, vnq +0.03, vblix +0.27, tlt -0.17",
+  "ref_full": "vweax +0.30, ief +0.08, fxy +0.03, gsg -0.01, agg +0.10, efa -0.01"
+ },
+ "prtix": {
+  "sym": "prtix",
+  "name": "T. Rowe Price U.S. Treasury Intermediate Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008709256601630308,
+  "alpha_t_5y": -1.3220127298558118,
+  "alpha_t_full": -0.7335457109930098,
+  "r2_5y": 0.9296467967911911,
+  "r2_full": 0.9060882585866351,
+  "corr_portfolio": -0.17484520489643376,
+  "corr_benchmark": 0.5721332188324113,
+  "alpha_pos_frac": 0.4624277456647399,
+  "fund_max_dd": -0.19073391591447442,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.85, tlt -0.26, vblix +0.21, iwm -0.02, vmbix +0.08",
+  "ref_full": "ief +0.84, tlt -0.07, vweax +0.07, ivv -0.01, fxy +0.01"
+ },
+ "pruax": {
+  "sym": "pruax",
+  "name": "PGIM Jennison Utility Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.014502844870193536,
+  "alpha_t_5y": 0.28513335581637295,
+  "alpha_t_full": 0.5037600739092498,
+  "r2_5y": 0.4597063999374592,
+  "r2_full": 0.6659571327182101,
+  "corr_portfolio": 0.24695883770855193,
+  "corr_benchmark": 0.49352926682946924,
+  "alpha_pos_frac": 0.5874439461883408,
+  "fund_max_dd": -0.5820111763219222,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.50, vea +0.14, djp +0.07",
+  "ref_full": "ivv +0.72, vnq +0.14, efa +0.17, qqq -0.28, agg +0.37, djp +0.08"
+ },
+ "prulx": {
+  "sym": "prulx",
+  "name": "T. Rowe Price U.S. Treasury Long-Term Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0057786460630728734,
+  "alpha_t_5y": -1.0379313620633728,
+  "alpha_t_full": -0.8444677789422864,
+  "r2_5y": 0.9914919376062504,
+  "r2_full": 0.959443780944315,
+  "corr_portfolio": -0.18938618092441037,
+  "corr_benchmark": 0.624126208355459,
+  "alpha_pos_frac": 0.48554913294797686,
+  "fund_max_dd": -0.473175250730677,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "tlt +0.49, vblix +0.49, ivv -0.01, ief +0.32, agg -0.31, efa -0.01",
+  "ref_full": "tlt +0.75, ief +0.29, vweax +0.11, agg -0.07, fxe +0.02, iwm -0.01"
+ },
+ "prvax": {
+  "sym": "prvax",
+  "name": "T. Rowe Price Virginia Tax-Free Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011801853314472376,
+  "alpha_t_5y": -0.8329197899206726,
+  "alpha_t_full": 0.5146566471148516,
+  "r2_5y": 0.4017700053646912,
+  "r2_full": 0.30330387041180995,
+  "corr_portfolio": 0.02707648109290171,
+  "corr_benchmark": 0.36561073860207566,
+  "alpha_pos_frac": 0.5895953757225434,
+  "fund_max_dd": -0.1536884396141347,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.26, vweax +0.33, ivv -0.07, vnq +0.03, tlt -0.14, vmbix +0.09",
+  "ref_full": "agg +0.12, vweax +0.29, ief +0.09, efa -0.03, fxy +0.03, vnq +0.01"
+ },
+ "prvbx": {
+  "sym": "prvbx",
+  "name": "Versatile Bond Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0029438254024170287,
+  "alpha_t_5y": 0.5182423932632059,
+  "alpha_t_full": 1.109542985351375,
+  "r2_5y": 0.6546120008732416,
+  "r2_full": 0.2839223940713964,
+  "corr_portfolio": 0.16349827035446948,
+  "corr_benchmark": 0.45502145486235135,
+  "alpha_pos_frac": 0.4980544747081712,
+  "fund_max_dd": -0.16912132709969818,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.16, vweax +0.13, tlt -0.05, ief +0.15, vnq +0.01",
+  "ref_full": "vweax +0.21, agg +0.19, vnq +0.02, fxy +0.03"
+ },
+ "prwax": {
+  "sym": "prwax",
+  "name": "T. Rowe Price All-Cap Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.026172982695414404,
+  "alpha_t_5y": -1.5211976480630536,
+  "alpha_t_full": 0.888587458877246,
+  "r2_5y": 0.9457724449219892,
+  "r2_full": 0.9531663772672343,
+  "corr_portfolio": 0.22719629213673218,
+  "corr_benchmark": 0.6014886212725522,
+  "alpha_pos_frac": 0.5043103448275862,
+  "fund_max_dd": -0.5505851930128017,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.76, qqq +0.14, iwm +0.06, vwo +0.04, vnq -0.04, djp -0.02",
+  "ref_full": "ivv +0.45, qqq +0.37, iwm +0.08, vwo +0.03, djp +0.02, efa +0.03"
+ },
+ "prwbx": {
+  "sym": "prwbx",
+  "name": "T. Rowe Price Short-Term Bond Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00409184917022412,
+  "alpha_t_5y": -0.5896444510130407,
+  "alpha_t_full": 0.5815137380080329,
+  "r2_5y": 0.5332148922705988,
+  "r2_full": 0.43523953543104354,
+  "corr_portfolio": -0.013774754886392203,
+  "corr_benchmark": 0.3393131357773824,
+  "alpha_pos_frac": 0.4161849710982659,
+  "fund_max_dd": -0.06806129099989344,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.07, vweax +0.09, iwm -0.02, ief +0.28, tlt -0.18, vblix +0.12",
+  "ref_full": "ief +0.27, vweax +0.14, tlt -0.07, fxy +0.01, qqq -0.00, agg +0.02"
+ },
+ "prwcx": {
+  "sym": "prwcx",
+  "name": "T. Rowe Price Capital Appreciation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.001510947740126135,
+  "alpha_t_5y": 0.12192099806503687,
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+  "r2_5y": 0.925215629639059,
+  "r2_full": 0.9401985904665041,
+  "corr_portfolio": 0.2700802494999485,
+  "corr_benchmark": 0.6425998821736946,
+  "alpha_pos_frac": 0.5076923076923077,
+  "fund_max_dd": -0.4177211568859669,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.62, vmbix +0.13, vnq +0.03, vweax +0.13, qqq -0.04, gsg -0.01",
+  "ref_full": "ivv +0.63, agg +0.11, vnq +0.03, vweax +0.12, efa +0.04, qqq -0.05"
+ },
+ "prxcx": {
+  "sym": "prxcx",
+  "name": "T. Rowe Price California Tax-Free Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008921872331165114,
+  "alpha_t_5y": -0.6476319968135219,
+  "alpha_t_full": 0.8709200683056373,
+  "r2_5y": 0.40038602436126847,
+  "r2_full": 0.3005492957628936,
+  "corr_portfolio": 0.021894240595151666,
+  "corr_benchmark": 0.3541218957165237,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.1829537574707093,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.34, vblix +0.30, ivv -0.14, vnq +0.04, tlt -0.16, qqq +0.04",
+  "ref_full": "vweax +0.29, ief +0.10, fxy +0.03, gsg -0.01, agg +0.09, efa -0.01"
+ },
+ "pscc": {
+  "sym": "pscc",
+  "name": "Invesco S&P SmallCap Consumer Staples ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01643336191104476,
+  "alpha_t_5y": 0.2971896440188216,
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+  "r2_5y": 0.5098299961938288,
+  "r2_full": 0.5493904615778603,
+  "corr_portfolio": 0.22111650097711708,
+  "corr_benchmark": 0.3881327895296771,
+  "alpha_pos_frac": 0.5026178010471204,
+  "fund_max_dd": -0.33611899159698766,
+  "first": "2010-04-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.50, vnq +0.16, qqq -0.47, ivv +0.53, gsg -0.07",
+  "ref_full": "iwm +0.54, vnq +0.09, qqq -0.27, ivv +0.32, gsg -0.05"
+ },
+ "pscd": {
+  "sym": "pscd",
+  "name": "Invesco S&P SmallCap Consumer Discretionary ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0386543716796007,
+  "alpha_t_5y": 0.5636179508151988,
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+  "r2_full": 0.7376917529887127,
+  "corr_portfolio": 0.24590999162651103,
+  "corr_benchmark": 0.46374512958382885,
+  "alpha_pos_frac": 0.45549738219895286,
+  "fund_max_dd": -0.5657240524271191,
+  "first": "2010-04-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.19, qqq -0.22, djp -0.11, vweax +0.39",
+  "ref_full": "iwm +1.14, qqq -0.13, agg +0.87, gsg -0.06, ief -0.49, vwo -0.08"
+ },
+ "psce": {
+  "sym": "psce",
+  "name": "Invesco S&P SmallCap Energy ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0004448915960854209,
+  "alpha_t_5y": 0.0048210054855841325,
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+  "r2_5y": 0.6819664662798733,
+  "r2_full": 0.6614411415276245,
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+  "corr_benchmark": 0.2164927430314169,
+  "alpha_pos_frac": 0.5706806282722513,
+  "fund_max_dd": -0.9621373221264218,
+  "first": "2010-04-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "gsg +0.87, iwm +1.09, qqq -1.01, ief -0.35, ivv +1.22, vnq -0.38",
+  "ref_full": "iwm +1.23, gsg +0.90, qqq -0.84, vnq -0.40, ivv +0.83, gld -0.11"
+ },
+ "psch": {
+  "sym": "psch",
+  "name": "Invesco S&P SmallCap Health Care ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04326844184919371,
+  "alpha_t_5y": -0.8962038356694215,
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+  "r2_5y": 0.7488209331958227,
+  "r2_full": 0.7659431625714209,
+  "corr_portfolio": 0.16749046987568175,
+  "corr_benchmark": 0.4882556506891674,
+  "alpha_pos_frac": 0.46596858638743455,
+  "fund_max_dd": -0.47317962539300207,
+  "first": "2010-04-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.92, gsg -0.07, vnq +0.09, vea -0.97, efa +0.81, fxy +0.14",
+  "ref_full": "iwm +0.92, gsg -0.05, vwo -0.08, qqq +0.14, ivv -0.12"
+ },
+ "psci": {
+  "sym": "psci",
+  "name": "Invesco S&P SmallCap Industrials ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.05928926311183649,
+  "alpha_t_5y": 1.477331362029523,
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+  "r2_5y": 0.832973713376744,
+  "r2_full": 0.8280587209217352,
+  "corr_portfolio": 0.3348767944662836,
+  "corr_benchmark": 0.4682434305961898,
+  "alpha_pos_frac": 0.4712041884816754,
+  "fund_max_dd": -0.4554526613786528,
+  "first": "2010-04-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.92, qqq -0.54, ivv +0.79, vnq -0.14",
+  "ref_full": "iwm +0.98, qqq -0.40, ivv +0.54, vnq -0.15, vweax +0.25, gsg -0.03"
+ },
+ "pscm": {
+  "sym": "pscm",
+  "name": "Invesco S&P SmallCap Materials ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.006791974767373396,
+  "alpha_t_5y": 0.11846472487862811,
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+  "r2_5y": 0.7332825078022036,
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+  "alpha_pos_frac": 0.5392670157068062,
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+  "first": "2010-04-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.89, djp +0.11, qqq -0.66, ivv +0.79, vea +0.28, vnq -0.18",
+  "ref_full": "iwm +0.86, djp +0.11, qqq -0.30, vweax +0.50, agg -0.32, ivv +0.26"
+ },
+ "psct": {
+  "sym": "psct",
+  "name": "Invesco S&P SmallCap Information Technology ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.011239521789210347,
+  "alpha_t_5y": 0.2351669422486255,
+  "alpha_t_full": 0.5197432838485094,
+  "r2_5y": 0.8448705878587595,
+  "r2_full": 0.8475791045065748,
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+  "alpha_pos_frac": 0.5026178010471204,
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+  "first": "2010-04-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.96, qqq +0.77, ivv -0.67, vnq -0.15, vea +0.69, efa -0.59",
+  "ref_full": "iwm +0.99, qqq +0.57, ivv -0.47, vnq -0.14, vwo +0.06, gsg -0.03"
+ },
+ "psecx": {
+  "sym": "psecx",
+  "name": "1789 Growth and Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003566902857182535,
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+  "r2_5y": 0.8291948069133994,
+  "r2_full": 0.872233893896201,
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+  "corr_benchmark": 0.5657334185836479,
+  "alpha_pos_frac": 0.4866666666666667,
+  "fund_max_dd": -0.31130797242918296,
+  "first": "2013-08-29",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.06, qqq -0.49, vnq +0.13, gsg -0.03, iwm +0.05",
+  "ref_full": "ivv +0.87, qqq -0.35, vnq +0.10, iwm +0.05, efa +0.05, djp -0.02"
+ },
+ "psgix": {
+  "sym": "psgix",
+  "name": "BLACKROCK ADVANTAGE SMALL CAP GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.024754673623502112,
+  "alpha_t_5y": -1.2363574581597487,
+  "alpha_t_full": -0.7310918116282843,
+  "r2_5y": 0.9631929039373123,
+  "r2_full": 0.9459373849300159,
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+  "corr_benchmark": 0.5652700720760597,
+  "alpha_pos_frac": 0.5252918287937743,
+  "fund_max_dd": -0.7750115750559339,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.01, qqq +0.43, ivv -0.41, vnq -0.04",
+  "ref_full": "iwm +0.94, qqq +0.28, vnq -0.09, ivv -0.16, agg +0.12, djp +0.02"
+ },
+ "psiax": {
+  "sym": "psiax",
+  "name": "PGIM QUANT SOLUTIONS LARGE-CAP INDEX FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004577109939879009,
+  "alpha_t_5y": -0.7258264588760487,
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+  "r2_5y": 0.9919650936932636,
+  "r2_full": 0.9793423928727152,
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+  "corr_benchmark": 0.6135626708629868,
+  "alpha_pos_frac": 0.517799352750809,
+  "fund_max_dd": -0.5549881282702265,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.97, qqq +0.02",
+  "ref_full": "ivv +0.94, efa +0.03, qqq +0.03, vnq +0.01"
+ },
+ "psilx": {
+  "sym": "psilx",
+  "name": "T. Rowe Price Spectrum International Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01028290780872875,
+  "alpha_t_5y": -0.7489438557760167,
+  "alpha_t_full": -0.6739518260000178,
+  "r2_5y": 0.9571831320204087,
+  "r2_full": 0.9495760764810045,
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+  "corr_benchmark": 0.5445553026677964,
+  "alpha_pos_frac": 0.5919282511210763,
+  "fund_max_dd": -0.6137791932437406,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.51, vwo +0.28, vweax +0.15, djp -0.02, vnq -0.03, efa +0.17",
+  "ref_full": "efa +0.61, vwo +0.17, vweax +0.30, fxe +0.08, qqq +0.05, vnq -0.02"
+ },
+ "pslax": {
+  "sym": "pslax",
+  "name": "Putnam Small Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03496651427272934,
+  "alpha_t_5y": 1.2628192733521493,
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+  "r2_full": 0.9406489543349906,
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+  "corr_benchmark": 0.4817398042166884,
+  "alpha_pos_frac": 0.4396551724137931,
+  "fund_max_dd": -0.6936752225061791,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.91, qqq -0.47, ivv +0.54, ief -0.14, vweax +0.15, djp +0.03",
+  "ref_full": "iwm +0.92, qqq -0.27, ivv +0.27, vnq +0.04, ief -0.10, vweax +0.12"
+ },
+ "psnyx": {
+  "sym": "psnyx",
+  "name": "BNY Mellon New York AMT-Free Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.017721424635830943,
+  "alpha_t_5y": -1.3994926646246266,
+  "alpha_t_full": 0.03524058891964519,
+  "r2_5y": 0.37930613757050724,
+  "r2_full": 0.2936413132904325,
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+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.24343123211454332,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.30, vblix +0.24, ivv -0.06, vnq +0.02, tlt -0.11",
+  "ref_full": "agg +0.12, vweax +0.28, ief +0.08, efa -0.03, fxy +0.04, vnq +0.01"
+ },
+ "pstax": {
+  "sym": "pstax",
+  "name": "Virtus KAR Capital Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.08554540707380899,
+  "alpha_t_5y": -2.2840981982375568,
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+  "r2_5y": 0.8584694433967732,
+  "r2_full": 0.9146999481379201,
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+  "corr_benchmark": 0.6096321969560438,
+  "alpha_pos_frac": 0.5136186770428015,
+  "fund_max_dd": -0.7637299582545369,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.80, iwm +0.17, vnq +0.07",
+  "ref_full": "qqq +0.58, ivv +0.28, iwm +0.14, vwo +0.06, agg +0.12, vnq -0.03"
+ },
+ "ptebx": {
+  "sym": "ptebx",
+  "name": "BNY Mellon Opportunistic Municipal Securities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012936804034547352,
+  "alpha_t_5y": -1.010018240034811,
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+  "r2_5y": 0.39198145927155825,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.32, vblix +0.24, ivv -0.13, vnq +0.04, tlt -0.13, qqq +0.04",
+  "ref_full": "agg +0.12, vweax +0.28, ief +0.08, efa -0.03, fxy +0.04, vnq +0.01"
+ },
+ "ptmax": {
+  "sym": "ptmax",
+  "name": "PGIM QUANT SOLUTIONS LARGE-CAP CORE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.001190168063251606,
+  "alpha_t_5y": -0.11792935894591697,
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+  "r2_5y": 0.9803778649665614,
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+  "corr_benchmark": 0.5879065687422026,
+  "alpha_pos_frac": 0.5022421524663677,
+  "fund_max_dd": -0.5596519172670447,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.97, vnq -0.05, iwm +0.04, gsg +0.01, fxy -0.03, vea +0.03",
+  "ref_full": "ivv +0.93, iwm +0.06, vnq -0.02, efa +0.02, tlt -0.03, agg +0.07"
+ },
+ "pttfx": {
+  "sym": "pttfx",
+  "name": "T. Rowe Price Total Return Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006161598935461415,
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+  "r2_5y": 0.9427801770931297,
+  "r2_full": 0.8888050607586218,
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+  "alpha_pos_frac": 0.5675675675675675,
+  "fund_max_dd": -0.20301192507469412,
+  "first": "2016-11-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg -0.25, vweax +0.10, ief +0.46, vblix +0.36, vmbix +0.24, tlt -0.17",
+  "ref_full": "vblix +0.28, vmbix +0.22, vweax +0.19, ief +0.43, agg -0.24, tlt -0.10"
+ },
+ "pucax": {
+  "sym": "pucax",
+  "name": "PGIM Strategic Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003481095691934586,
+  "alpha_t_5y": -0.39776145157065956,
+  "alpha_t_full": 0.5591812603789167,
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+  "alpha_pos_frac": 0.4765625,
+  "fund_max_dd": -0.1826328841237569,
+  "first": "2015-07-10",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg -0.10, vweax +0.23, ief +0.38, vblix +0.44, tlt -0.30",
+  "ref_full": "vweax +0.46, agg +0.22, vblix +0.30, tlt -0.18, qqq -0.02, vwo +0.02"
+ },
+ "pudax": {
+  "sym": "pudax",
+  "name": "PGIM Real Assets Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008081827184354481,
+  "alpha_t_5y": -0.5387536865734236,
+  "alpha_t_full": 0.11679157884379539,
+  "r2_5y": 0.8825600511270346,
+  "r2_full": 0.8160924643478853,
+  "corr_portfolio": 0.3257886475180679,
+  "corr_benchmark": 0.555439306422024,
+  "alpha_pos_frac": 0.5054945054945055,
+  "fund_max_dd": -0.21550841638620433,
+  "first": "2010-12-31",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "djp +0.22, vnq +0.22, vea +0.17, ief +0.10, gld +0.05, gsg +0.06",
+  "ref_full": "vea +0.11, djp +0.24, vnq +0.13, ief +0.21, gld +0.07, iwm +0.06"
+ },
+ "puls": {
+  "sym": "puls",
+  "name": "PGIM Ultra Short Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00755612344253528,
+  "alpha_t_5y": 2.888301875269659,
+  "alpha_t_full": 1.7235909823448718,
+  "r2_5y": 0.1564380947384293,
+  "r2_full": 0.24437677125142976,
+  "corr_portfolio": 0.09687214369181021,
+  "corr_benchmark": 0.21675209303958448,
+  "alpha_pos_frac": 0.47368421052631576,
+  "fund_max_dd": -0.05851556826429116,
+  "first": "2018-04-11",
+  "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.04",
+  "ref_full": "vweax -0.03, agg +0.18, tlt -0.13, vblix +0.14, ief -0.07, vea -0.01"
+ },
+ "purcx": {
+  "sym": "purcx",
+  "name": "PGIM GLOBAL REAL ESTATE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.025908190482588717,
+  "alpha_t_5y": -1.4783157122621848,
+  "alpha_t_full": -2.5876600331038655,
+  "r2_5y": 0.9327107074004258,
+  "r2_full": 0.9266840944879049,
+  "corr_portfolio": 0.29633371988243534,
+  "corr_benchmark": 0.5985740614741851,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.7025520485348815,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.71, vea +0.27, ivv -0.10, vweax +0.14",
+  "ref_full": "vnq +0.50, efa +0.32, vweax +0.27, tlt +0.03, vwo +0.04, qqq -0.03"
+ },
+ "pvfax": {
+  "sym": "pvfax",
+  "name": "Paradigm Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0015246234700102344,
+  "alpha_t_5y": 0.04561750859586766,
+  "alpha_t_full": -0.6812240597342166,
+  "r2_5y": 0.8795211579242399,
+  "r2_full": 0.8977297206773387,
+  "corr_portfolio": 0.2553389631927727,
+  "corr_benchmark": 0.5141037209583338,
+  "alpha_pos_frac": 0.5411764705882353,
+  "fund_max_dd": -0.5439910702633288,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.81, qqq +0.18, gld -0.06",
+  "ref_full": "iwm +0.81, qqq +0.04, vnq -0.06, ivv +0.15"
+ },
+ "pvfix": {
+  "sym": "pvfix",
+  "name": "Pinnacle Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.05197929163469181,
+  "alpha_t_5y": 1.1573269532683215,
+  "alpha_t_full": 1.2978092400490202,
+  "r2_5y": 0.41632639565028373,
+  "r2_full": 0.46778785537365564,
+  "corr_portfolio": 0.26004502957055886,
+  "corr_benchmark": 0.3472625919026572,
+  "alpha_pos_frac": 0.47085201793721976,
+  "fund_max_dd": -0.3453302278849435,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.36, gsg +0.07, qqq -0.31, ivv +0.35, vea +0.11, vnq -0.08",
+  "ref_full": "iwm +0.34, gsg +0.06, qqq -0.18, ivv +0.18, vweax +0.17, vwo -0.03"
+ },
+ "pvivx": {
+  "sym": "pvivx",
+  "name": "Paradigm Micro-Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004912284535574487,
+  "alpha_t_5y": 0.1166633597463271,
+  "alpha_t_full": 0.028253404399145757,
+  "r2_5y": 0.8589909588467797,
+  "r2_full": 0.83639344650274,
+  "corr_portfolio": 0.2021265401538122,
+  "corr_benchmark": 0.514421846842828,
+  "alpha_pos_frac": 0.4724770642201835,
+  "fund_max_dd": -0.4938387918587742,
+  "first": "2008-01-09",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.02, qqq +0.36, ivv -0.25, vnq -0.10, gsg -0.05",
+  "ref_full": "iwm +0.89, vnq -0.12, qqq +0.14, agg +0.23"
+ },
+ "pwjax": {
+  "sym": "pwjax",
+  "name": "PGIM Jennison International Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.08169985389848289,
+  "alpha_t_5y": -2.009848606161117,
+  "alpha_t_full": -1.1851135843544853,
+  "r2_5y": 0.834455807480096,
+  "r2_full": 0.8024183917058687,
+  "corr_portfolio": 0.1485942633159084,
+  "corr_benchmark": 0.5627709005319801,
+  "alpha_pos_frac": 0.4666666666666667,
+  "fund_max_dd": -0.4832661010127076,
+  "first": "2012-06-06",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.82, qqq +0.86, ivv -0.81, gsg -0.07, vwo +0.11, iwm +0.09",
+  "ref_full": "vea +0.75, qqq +0.70, ivv -0.58, vblix +0.10, vwo +0.11, gsg -0.05"
+ },
+ "pwtax": {
+  "sym": "pwtax",
+  "name": "UBS U.S. Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013758785637428982,
+  "alpha_t_5y": -0.619387631621317,
+  "alpha_t_full": -1.4460411558610382,
+  "r2_5y": 0.8441312553229423,
+  "r2_full": 0.920148063013241,
+  "corr_portfolio": 0.2534107357306364,
+  "corr_benchmark": 0.6640502820924459,
+  "alpha_pos_frac": 0.4980392156862745,
+  "fund_max_dd": -0.5210365955233609,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.56, agg +0.28, iwm +0.12, gld +0.03",
+  "ref_full": "ivv +0.49, iwm +0.10, agg +0.21, vwo +0.05, vnq +0.03, qqq +0.04"
+ },
+ "pxbix": {
+  "sym": "pxbix",
+  "name": "Impax Core Bond Fund",
+  "bucket": "all",
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+  "first": "2016-12-19",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg -0.04, vweax +0.10, ief +0.40, vblix +0.27, vmbix +0.18, tlt -0.13",
+  "ref_full": "ief +0.37, vweax +0.09, vblix +0.21, vmbix +0.18, tlt -0.08, fxy +0.02"
+ },
+ "pxgox": {
+  "sym": "pxgox",
+  "name": "Impax Global Opportunities Fund",
+  "bucket": "all",
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+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.30607287608800093,
+  "first": "2018-06-28",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.59, efa +0.38, gsg -0.05, vweax +0.22, fxe +0.09",
+  "ref_full": "ivv +0.56, efa +0.34, gsg -0.05, vweax +0.16, fxe +0.11, vwo +0.06"
+ },
+ "pxlix": {
+  "sym": "pxlix",
+  "name": "Impax Large Cap Fund",
+  "bucket": "all",
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+  "first": "2016-12-19",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.11, qqq -0.15, gsg -0.04, vweax +0.15, iwm +0.04",
+  "ref_full": "ivv +1.00, iwm +0.05, gsg -0.03, qqq -0.06, fxe +0.06"
+ },
+ "pxnix": {
+  "sym": "pxnix",
+  "name": "Impax International Sustainable Economy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "fund_max_dd": -0.5472911896260447,
+  "first": "2008-03-31",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.93, gsg -0.03, fxe +0.10, qqq +0.06, ivv -0.08, vweax +0.08",
+  "ref_full": "efa +0.51, vea +0.31, vweax +0.20, gld +0.03, fxe +0.07, qqq +0.03"
+ },
+ "pxsix": {
+  "sym": "pxsix",
+  "name": "Impax Small Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017678268865988393,
+  "alpha_t_5y": 0.6639819201867835,
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+  "first": "2008-03-28",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.71, ivv +0.35, gsg -0.06, vweax +0.18, qqq -0.08",
+  "ref_full": "iwm +0.70, ivv +0.20, agg +0.29, ief -0.16, vweax +0.13, qqq -0.04"
+ },
+ "pxwgx": {
+  "sym": "pxwgx",
+  "name": "Impax US Sustainable Economy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005581169864405661,
+  "alpha_t_5y": 0.3073968581427121,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.87, iwm +0.05, gsg -0.04, vea +0.06, vnq +0.04",
+  "ref_full": "ivv +0.63, iwm +0.09, qqq +0.15, efa +0.08, vnq +0.02"
+ },
+ "pxwix": {
+  "sym": "pxwix",
+  "name": "Impax Global Women's Leadership Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02242616680743894,
+  "alpha_t_5y": -1.286176199715256,
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+  "alpha_pos_frac": 0.5617021276595745,
+  "fund_max_dd": -0.5738680525376201,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.79, efa +0.27, gsg -0.04, qqq -0.09, fxe +0.06, vweax +0.10",
+  "ref_full": "ivv +0.61, efa +0.25, iwm +0.05, fxe +0.07, vnq +0.03, vweax +0.08"
+ },
+ "pyaix": {
+  "sym": "pyaix",
+  "name": "Payden Absolute Return Bond Fund",
+  "bucket": "all",
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+  "first": "2014-11-10",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
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+  "ref_full": "vweax +0.18, ivv -0.03, fxy +0.02, ief +0.11, tlt -0.17, vblix +0.18"
+ },
+ "pycix": {
+  "sym": "pycix",
+  "name": "Payden Emerging Markets Corporate Bond Fund",
+  "bucket": "all",
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+  "first": "2013-11-12",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.32, vblix +0.06, vwo +0.03, qqq -0.02",
+  "ref_full": "vweax +0.34, vblix +0.18, tlt -0.09, vwo +0.03, qqq -0.02"
+ },
+ "pycsx": {
+  "sym": "pycsx",
+  "name": "Payden Core Bond Fund",
+  "bucket": "all",
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+  "first": "2018-01-26",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.27, ief +0.16, vmbix +0.22, vblix +0.10, vea +0.02, ivv -0.02",
+  "ref_full": "vblix +0.19, vmbix +0.20, agg +0.14, vweax +0.08, ief +0.22, tlt -0.06"
+ },
+ "pyeix": {
+  "sym": "pyeix",
+  "name": "Payden Emerging Markets Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "first": "2012-04-10",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.64, vblix +0.09, vea +0.13, ivv -0.08, gsg -0.02",
+  "ref_full": "vweax +0.63, agg -0.01, vwo +0.06, vblix +0.11, qqq -0.04, vea +0.06"
+ },
+ "pyfix": {
+  "sym": "pyfix",
+  "name": "Payden Floating Rate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.023996648905609368,
+  "alpha_t_5y": 3.765776075026605,
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+  "fund_max_dd": -0.2024664241364098,
+  "first": "2013-11-12",
+  "verdict": "alpha, but correlated with current portfolio",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.19, ief -0.09, vea +0.02, gsg +0.01, tlt +0.02",
+  "ref_full": "vweax +0.39, vmbix -0.15, vnq +0.01, qqq -0.04, ivv +0.06, vblix +0.03"
+ },
+ "pygix": {
+  "sym": "pygix",
+  "name": "Payden Global Fixed Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008240317841879745,
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+  "alpha_pos_frac": 0.6428571428571429,
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+  "first": "2021-07-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg -0.02, vweax +0.11, ief +0.36, vblix +0.05, gsg -0.01, vea +0.02",
+  "ref_full": "agg -0.02, vweax +0.11, ief +0.36, vblix +0.05, gsg -0.01, vea +0.02"
+ },
+ "pysix": {
+  "sym": "pysix",
+  "name": "Payden Strategic Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005059130092346602,
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+  "fund_max_dd": -0.12704539386763491,
+  "first": "2014-05-13",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.36, vweax +0.12, vea +0.02, qqq -0.01, tlt -0.02",
+  "ref_full": "agg +0.01, vweax +0.23, ief +0.14, vnq +0.01, fxy +0.02, vblix +0.03"
+ },
+ "pyvsx": {
+  "sym": "pyvsx",
+  "name": "Payden Equity Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014543161933471865,
+  "alpha_t_5y": -0.9025638769153471,
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+  "alpha_pos_frac": 0.49640287769784175,
+  "fund_max_dd": -0.3322685694155203,
+  "first": "2014-08-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.27, qqq -0.56, iwm +0.07, vea +0.10, djp +0.03, fxe -0.08",
+  "ref_full": "ivv +1.13, qqq -0.39, vnq +0.07, vea +0.05, agg -0.21, vblix +0.07"
+ },
+ "pzrmx": {
+  "sym": "pzrmx",
+  "name": "PIMCO Inflation Response Multi-Asset Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.022163007822231517,
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+  "fund_max_dd": -0.23424314845773142,
+  "first": "2011-09-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "djp +0.18, agg +0.54, vnq +0.10, gld +0.10, vweax +0.17, tlt -0.08",
+  "ref_full": "djp +0.12, vnq +0.12, gld +0.14, agg +0.31, vweax +0.14, gsg +0.06"
+ },
+ "qaacx": {
+  "sym": "qaacx",
+  "name": "Federated Hermes MDT All Cap Core Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02395138994492004,
+  "alpha_t_5y": 1.5797818597726123,
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+  "r2_5y": 0.9586241251813632,
+  "r2_full": 0.9528786227755814,
+  "corr_portfolio": 0.28820387408659404,
+  "corr_benchmark": 0.6021156965235751,
+  "alpha_pos_frac": 0.5217391304347826,
+  "fund_max_dd": -0.629812998900242,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.87, iwm +0.15",
+  "ref_full": "ivv +0.84, iwm +0.16, vwo +0.03, gsg +0.01, agg +0.18, ief -0.14"
+ },
+ "qabgx": {
+  "sym": "qabgx",
+  "name": "Federated Hermes MDT Balanced Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004889381530012925,
+  "alpha_t_5y": 0.562950680340273,
+  "alpha_t_full": -1.6629826250680138,
+  "r2_5y": 0.9660365991768688,
+  "r2_full": 0.9494013592877499,
+  "corr_portfolio": 0.2925555523569823,
+  "corr_benchmark": 0.6802242239161381,
+  "alpha_pos_frac": 0.5795918367346938,
+  "fund_max_dd": -0.44635320483251895,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.44, agg +0.15, iwm +0.10, efa +0.09, ief +0.11",
+  "ref_full": "ivv +0.44, iwm +0.12, agg +0.09, efa +0.09, ief +0.09, vweax +0.07"
+ },
+ "qalgx": {
+  "sym": "qalgx",
+  "name": "Federated Hermes MDT Large Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0022546956124802225,
+  "alpha_t_5y": 0.12395365027952242,
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+  "r2_5y": 0.958730789731157,
+  "r2_full": 0.9156587554449264,
+  "corr_portfolio": 0.17575857658870161,
+  "corr_benchmark": 0.6056959335994436,
+  "alpha_pos_frac": 0.484304932735426,
+  "fund_max_dd": -0.5847200331689193,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.65, ivv +0.39, vea -0.30, efa +0.24, iwm +0.03",
+  "ref_full": "qqq +0.46, ivv +0.52, vnq -0.06, iwm +0.08, agg +0.06"
+ },
+ "qaltx": {
+  "sym": "qaltx",
+  "name": "Quantified Alternative Investment Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": null,
+  "alpha_t_5y": NaN,
+  "alpha_t_full": -1.5141353142752054,
+  "r2_5y": NaN,
+  "r2_full": 0.5602692285713015,
+  "corr_portfolio": 0.016843153588773394,
+  "corr_benchmark": 0.03355255420267928,
+  "alpha_pos_frac": 0.3170731707317073,
+  "fund_max_dd": -0.8689643011390209,
+  "first": "2013-08-12",
+  "verdict": "no 5y window",
+  "alpha_name": false,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "finux -0.01, ivv +0.33, vblix +0.11, iwm +0.11, gld +0.05, qqq +0.11"
+ },
+ "qascx": {
+  "sym": "qascx",
+  "name": "Federated Hermes MDT Small Cap Core Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.023462720270785827,
+  "alpha_t_5y": 1.2483366435873882,
+  "alpha_t_full": -0.5402290518868433,
+  "r2_5y": 0.9634195985085118,
+  "r2_full": 0.9569635272291,
+  "corr_portfolio": 0.25814681433836045,
+  "corr_benchmark": 0.5335640730707569,
+  "alpha_pos_frac": 0.5591836734693878,
+  "fund_max_dd": -0.6993056212680069,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.98, ivv +0.06, gld -0.02",
+  "ref_full": "iwm +1.00, vnq -0.03, ivv +0.07, djp +0.02, gld -0.02"
+ },
+ "qasgx": {
+  "sym": "qasgx",
+  "name": "Federated Hermes MDT Small Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0021540026665340588,
+  "alpha_t_5y": -0.08780059603595819,
+  "alpha_t_full": -0.6626969400605862,
+  "r2_5y": 0.946363626151219,
+  "r2_full": 0.9402365175124809,
+  "corr_portfolio": 0.1898189507923645,
+  "corr_benchmark": 0.5639562473312465,
+  "alpha_pos_frac": 0.5591836734693878,
+  "fund_max_dd": -0.6107616847146861,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.01, qqq +0.43, ivv -0.43",
+  "ref_full": "iwm +0.98, qqq +0.30, vnq -0.08, ivv -0.21, agg +0.09"
+ },
+ "qbdsx": {
+  "sym": "qbdsx",
+  "name": "Quantified Managed Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02165186946793745,
+  "alpha_t_5y": -1.4263888427097255,
+  "alpha_t_full": -2.6230967767983726,
+  "r2_5y": 0.27159749117125753,
+  "r2_full": 0.4891330948340734,
+  "corr_portfolio": 0.20671682055193985,
+  "corr_benchmark": 0.6063862335125143,
+  "alpha_pos_frac": 0.5894039735099338,
+  "fund_max_dd": -0.18381638847616122,
+  "first": "2013-08-12",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.06, tlt +0.08, vnq +0.03",
+  "ref_full": "vnq +0.04, agg +0.47, vmbix -0.45, ivv +0.20, vblix +0.12, qqq -0.08"
+ },
+ "qcbmrx": {
+  "sym": "qcbmrx",
+  "name": "Core Bond Account",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0013642997842094734,
+  "alpha_t_5y": -0.46132320945512767,
+  "alpha_t_full": -0.5537809277709286,
+  "r2_5y": 0.9829866992514457,
+  "r2_full": 0.965002569270899,
+  "corr_portfolio": -0.06151783360619771,
+  "corr_benchmark": 0.7565938203874836,
+  "alpha_pos_frac": 0.684931506849315,
+  "fund_max_dd": -0.18267587301429922,
+  "first": "2020-01-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.28, vblix +0.09, vmbix +0.16, ief +0.20, vweax +0.08, qqq -0.01",
+  "ref_full": "vblix +0.25, vmbix +0.17, vweax +0.10, ief +0.28, tlt -0.10, agg +0.08"
+ },
+ "qceqrx": {
+  "sym": "qceqrx",
+  "name": "S&P 500 Index Account",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007661877619375585,
+  "alpha_t_5y": -1.6924739134456488,
+  "alpha_t_full": -1.2339833058452072,
+  "r2_5y": 0.9959926537830533,
+  "r2_full": 0.9968230809030183,
+  "corr_portfolio": 0.2157357670725372,
+  "corr_benchmark": 0.6525915042341275,
+  "alpha_pos_frac": 0.4520547945205479,
+  "fund_max_dd": -0.3490695723369236,
+  "first": "2020-01-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.84, iwm +0.10, qqq +0.05, vnq +0.01",
+  "ref_full": "ivv +0.83, iwm +0.10, qqq +0.05, vnq +0.01"
+ },
+ "qcgdx": {
+  "sym": "qcgdx",
+  "name": "Quantified Common Ground Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009111478849300775,
+  "alpha_t_5y": -0.24761125934803452,
+  "alpha_t_full": 0.10167386632438272,
+  "r2_5y": 0.6932602082880136,
+  "r2_full": 0.6352098598019037,
+  "corr_portfolio": 0.2951975166190455,
+  "corr_benchmark": 0.5417772741223043,
+  "alpha_pos_frac": 0.5135135135135135,
+  "fund_max_dd": -0.22373528505331963,
+  "first": "2019-12-31",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.30, vea +1.16, efa -1.02, ivv +0.57, qqq -0.27",
+  "ref_full": "iwm +0.29, ivv +0.28, gld +0.06, fxe +0.14"
+ },
+ "qcglrx": {
+  "sym": "qcglrx",
+  "name": "Global Equities Account",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016948333750305626,
+  "alpha_t_5y": -2.2009707408954946,
+  "alpha_t_full": -0.5963048707422428,
+  "r2_5y": 0.9876119220967969,
+  "r2_full": 0.9902924751947466,
+  "corr_portfolio": 0.2573468130163028,
+  "corr_benchmark": 0.6441623711479851,
+  "alpha_pos_frac": 0.5068493150684932,
+  "fund_max_dd": -0.3308603998020777,
+  "first": "2020-01-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.63, vea +0.30, vwo +0.10, vnq -0.04, fxy -0.03, qqq +0.03",
+  "ref_full": "ivv +0.56, vea +0.28, vwo +0.10, qqq +0.07, vnq -0.04, iwm +0.03"
+ },
+ "qcgrrx": {
+  "sym": "qcgrrx",
+  "name": "Growth Account",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04072144515913464,
+  "alpha_t_5y": -2.2990212099953755,
+  "alpha_t_full": -1.9243094411552943,
+  "r2_5y": 0.9637561997633558,
+  "r2_full": 0.9680476634425421,
+  "corr_portfolio": 0.06475399800760005,
+  "corr_benchmark": 0.6374185773546986,
+  "alpha_pos_frac": 0.6164383561643836,
+  "fund_max_dd": -0.37841324601553017,
+  "first": "2020-01-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.71, ivv +0.40, vnq -0.07",
+  "ref_full": "qqq +0.72, ivv +0.35, vnq -0.05"
+ },
+ "qcilrx": {
+  "sym": "qcilrx",
+  "name": "Inflation-Linked Bond Account",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005398571077028357,
+  "alpha_t_5y": 0.6276798449510329,
+  "alpha_t_full": 1.158834283192468,
+  "r2_5y": 0.7496150248332532,
+  "r2_full": 0.7056305854210551,
+  "corr_portfolio": -0.007228130350860066,
+  "corr_benchmark": 0.5895627649478122,
+  "alpha_pos_frac": 0.6027397260273972,
+  "fund_max_dd": -0.08691829473908752,
+  "first": "2020-01-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.44, gsg +0.02, tlt -0.12, agg +0.28, djp +0.02",
+  "ref_full": "ief +0.57, djp +0.03, tlt -0.07, vweax +0.06, gsg +0.02"
+ },
+ "qcmmrx": {
+  "sym": "qcmmrx",
+  "name": "Money Market Account",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0013533081326843398,
+  "alpha_t_5y": -1.0370046914564166,
+  "alpha_t_full": -1.1715356693214487,
+  "r2_5y": -4.440892098500626e-16,
+  "r2_full": -2.220446049250313e-16,
+  "corr_portfolio": 0.08172221740535204,
+  "corr_benchmark": 0.030830099461218258,
+  "alpha_pos_frac": NaN,
+  "fund_max_dd": -0.0008274938249231978,
+  "first": "2020-01-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "pure alpha (no sleeve selected)"
+ },
+ "qcscrx": {
+  "sym": "qcscrx",
+  "name": "Responsible Balanced Account",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0057631460972520565,
+  "alpha_t_5y": -0.968984056997378,
+  "alpha_t_full": -1.2873818764982463,
+  "r2_5y": 0.981174771945226,
+  "r2_full": 0.9854705449682575,
+  "corr_portfolio": 0.24538815600841646,
+  "corr_benchmark": 0.7761740714935816,
+  "alpha_pos_frac": 0.5616438356164384,
+  "fund_max_dd": -0.23313845520832555,
+  "first": "2020-01-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.34, agg +0.16, vea +0.07, iwm +0.05, ief +0.18, efa +0.12",
+  "ref_full": "ivv +0.34, ief +0.21, vea +0.18, iwm +0.05, vweax +0.09, vblix +0.05"
+ },
+ "qcstrx": {
+  "sym": "qcstrx",
+  "name": "Total Global Stock Account",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011586430699053643,
+  "alpha_t_5y": -2.1033931229972844,
+  "alpha_t_full": -1.5600181734208711,
+  "r2_5y": 0.9934325713827082,
+  "r2_full": 0.994593101962707,
+  "corr_portfolio": 0.2576979026833857,
+  "corr_benchmark": 0.6510946711869858,
+  "alpha_pos_frac": 0.5342465753424658,
+  "fund_max_dd": -0.34812533100037546,
+  "first": "2020-01-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.52, vea +0.27, vwo +0.09, iwm +0.07, qqq +0.05, fxy -0.02",
+  "ref_full": "ivv +0.52, vea +0.26, vwo +0.08, iwm +0.07, qqq +0.05, vmbix -0.03"
+ },
+ "qefa": {
+  "sym": "qefa",
+  "name": "State Street(R) SPDR(R) MSCI EAFE StrategicFactors(SM) ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.014942674161649213,
+  "alpha_t_5y": 1.3327637138954231,
+  "alpha_t_full": 0.7741498678844307,
+  "r2_5y": 0.9668928744471801,
+  "r2_full": 0.7721002190897279,
+  "corr_portfolio": 0.31330528018662124,
+  "corr_benchmark": 0.5034857332809332,
+  "alpha_pos_frac": 0.4326241134751773,
+  "fund_max_dd": -0.3171234695677232,
+  "first": "2014-06-06",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +1.14, vea -0.29, fxy +0.05, vnq +0.04, qqq -0.02, fxe +0.05",
+  "ref_full": "efa +0.77, vnq +0.06, fxy +0.08"
+ },
+ "qemm": {
+  "sym": "qemm",
+  "name": "State Street(R) SPDR(R) MSCI Emerging Markets StrategicFactors(SM) ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004187044464124753,
+  "alpha_t_5y": 0.22388340633164155,
+  "alpha_t_full": -0.2333632717965047,
+  "r2_5y": 0.9204290797133534,
+  "r2_full": 0.7760121249882087,
+  "corr_portfolio": 0.27537768296033055,
+  "corr_benchmark": 0.46329709431288313,
+  "alpha_pos_frac": 0.48226950354609927,
+  "fund_max_dd": -0.3688584558952134,
+  "first": "2014-06-06",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.65, vea +1.05, efa -0.81, vnq -0.04",
+  "ref_full": "vwo +0.59, vea +1.03, efa -0.82, vweax +0.14, gsg -0.03"
+ },
+ "qevox": {
+  "sym": "qevox",
+  "name": "Quantified Evolution Plus Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07598045791512203,
+  "alpha_t_5y": -1.0667923652106366,
+  "alpha_t_full": -1.636648463621859,
+  "r2_5y": 0.3909582484126335,
+  "r2_full": 0.4207050065966311,
+  "corr_portfolio": 0.10341344803964338,
+  "corr_benchmark": 0.3677303482861147,
+  "alpha_pos_frac": 0.4935064935064935,
+  "fund_max_dd": -0.28465135233787764,
+  "first": "2019-09-30",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.31, gld +0.47, gsg +0.14, fxe -0.42, vweax -0.65, iwm +0.16",
+  "ref_full": "gld +0.48, qqq +0.38, djp +0.19, fxe -0.28, vmbix -0.91, tlt +0.28"
+ },
+ "qfvox": {
+  "sym": "qfvox",
+  "name": "Pear Tree Polaris Foreign Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.029670599208201514,
+  "alpha_t_5y": 0.7320758129985195,
+  "alpha_t_full": 0.23243362588343025,
+  "r2_5y": 0.5791890930871523,
+  "r2_full": 0.6071569370096764,
+  "corr_portfolio": 0.4819421180430373,
+  "corr_benchmark": 0.311550745591643,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.6672992939964422,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.68, qqq -0.26, vweax +0.98, agg -0.40, vwo +0.09",
+  "ref_full": "efa +0.76, vweax +1.14, ivv -0.31, djp +0.11, ief -0.23, vnq -0.06"
+ },
+ "qgitx": {
+  "sym": "qgitx",
+  "name": "Quantified Government Income Tactical Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05134896675334859,
+  "alpha_t_5y": -1.3281568758341666,
+  "alpha_t_full": -1.3281568758341666,
+  "r2_5y": 0.29801373274558096,
+  "r2_full": 0.29801373274558096,
+  "corr_portfolio": -0.11598039824241559,
+  "corr_benchmark": 0.4014538468773081,
+  "alpha_pos_frac": 0.6101694915254238,
+  "fund_max_dd": -0.36675692078484734,
+  "first": "2021-04-16",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "tlt +0.37",
+  "ref_full": "tlt +0.37"
+ },
+ "qgro": {
+  "sym": "qgro",
+  "name": "American Century U.S. Quality Growth ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016697622703607886,
+  "alpha_t_5y": -0.6184178177277725,
+  "alpha_t_full": -0.07993261322296101,
+  "r2_5y": 0.9068882605622446,
+  "r2_full": 0.8648031885333898,
+  "corr_portfolio": 0.13672810741386313,
+  "corr_benchmark": 0.6394228198993316,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.32564904674427353,
+  "first": "2018-09-13",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.30, qqq +0.48, iwm +0.22",
+  "ref_full": "qqq +0.52, iwm +0.21, ivv +0.22, agg +0.37, vmbix -0.29"
+ },
+ "qgrpx": {
+  "sym": "qgrpx",
+  "name": "UBS US Quality Growth At Reasonable Price Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.032802351489590195,
+  "alpha_t_5y": -1.8349737463935338,
+  "alpha_t_full": -1.9133602993517287,
+  "r2_5y": 0.9514592678668737,
+  "r2_full": 0.9515687127888783,
+  "corr_portfolio": 0.006582596539856888,
+  "corr_benchmark": 0.6599041203060875,
+  "alpha_pos_frac": 0.5294117647058824,
+  "fund_max_dd": -0.3028413267873665,
+  "first": "2020-07-10",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.91, qqq +0.32, iwm -0.13, vea -0.30, efa +0.23, gsg -0.02",
+  "ref_full": "ivv +0.90, qqq +0.32, iwm -0.13, vea -0.30, efa +0.23, gsg -0.02"
+ },
+ "qlenx": {
+  "sym": "qlenx",
+  "name": "AQR Long-Short Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.13244458117596195,
+  "alpha_t_5y": 3.514375951518111,
+  "alpha_t_full": 3.247457625314428,
+  "r2_5y": 0.2601676067479628,
+  "r2_full": 0.44687825604294173,
+  "corr_portfolio": 0.7066792887973038,
+  "corr_benchmark": 0.2659786491507395,
+  "alpha_pos_frac": 0.5761589403973509,
+  "fund_max_dd": -0.39590585442596415,
+  "first": "2013-07-17",
+  "verdict": "alpha, but correlated with current portfolio",
+  "alpha_name": true,
+  "ref_5y": "vea +0.45, vblix -0.13, vwo -0.15, gsg +0.06, fxy -0.13, vnq -0.07",
+  "ref_full": "ivv +0.70, qqq -0.28, vea +0.22, iwm -0.13, vmbix -0.25, vnq -0.07"
+ },
+ "qlmlfx": {
+  "sym": "qlmlfx",
+  "name": "Franklin Multi-Asset Variable Conservative Growth",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.08010848158291445,
+  "alpha_t_5y": -3.0948678625025243,
+  "alpha_t_full": -3.283432470090834,
+  "r2_5y": 0.7321669613825433,
+  "r2_full": 0.7984750623079331,
+  "corr_portfolio": 0.2545525127077821,
+  "corr_benchmark": 0.6876095779309312,
+  "alpha_pos_frac": 0.5616438356164384,
+  "fund_max_dd": -0.3008596389192182,
+  "first": "2020-01-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.34, agg +0.28, vea +0.12, iwm +0.09, vweax +0.14",
+  "ref_full": "ivv +0.31, agg +0.04, iwm +0.10, vea +0.12, vweax +0.14, ief +0.20"
+ },
+ "qlmlsx": {
+  "sym": "qlmlsx",
+  "name": "Franklin Multi-Asset Variable Moderate Growth",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.10354205662453586,
+  "alpha_t_5y": -3.229084242786405,
+  "alpha_t_full": -3.280678279118305,
+  "r2_5y": 0.7457440768665893,
+  "r2_full": 0.8156735950797561,
+  "corr_portfolio": 0.27919907115483544,
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+  "alpha_pos_frac": 0.5616438356164384,
+  "fund_max_dd": -0.33847980997624694,
+  "first": "2020-01-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.59, vea +0.16, iwm +0.10, vweax +0.18, qqq -0.09",
+  "ref_full": "ivv +0.43, vea +0.18, iwm +0.13, vblix +0.06"
+ },
+ "qlmltx": {
+  "sym": "qlmltx",
+  "name": "Franklin Multi-Asset Variable Growth",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.1192687342604598,
+  "alpha_t_5y": -3.121283163073632,
+  "alpha_t_full": -3.203130805532085,
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+  "r2_full": 0.8130759621436434,
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+  "alpha_pos_frac": 0.5753424657534246,
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+  "first": "2020-01-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.81, vea +0.20, iwm +0.15, qqq -0.17, vnq -0.08",
+  "ref_full": "ivv +0.49, iwm +0.17, vea +0.21"
+ },
+ "qmnix": {
+  "sym": "qmnix",
+  "name": "AQR Equity Market Neutral Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.12318896423806236,
+  "alpha_t_5y": 3.583677518846551,
+  "alpha_t_full": 2.5134585317180043,
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+  "r2_full": 0.07521637717166096,
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+  "alpha_pos_frac": 0.5401459854014599,
+  "fund_max_dd": -0.3879617644035105,
+  "first": "2014-10-10",
+  "verdict": "alpha, but correlated with current portfolio",
+  "alpha_name": true,
+  "ref_5y": "agg -0.20, qqq -0.57, ivv +0.88, vnq -0.20, djp +0.05, iwm -0.06",
+  "ref_full": "vmbix -0.30, iwm -0.08, vea +0.22, vwo -0.08, fxe -0.10, qqq -0.05"
+ },
+ "qqqm": {
+  "sym": "qqqm",
+  "name": "Invesco NASDAQ 100 ETF",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_t_5y": 0.46580081129611955,
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+  "r2_5y": 0.9989802114747178,
+  "r2_full": 0.9984651252394842,
+  "corr_portfolio": -0.05597997583315415,
+  "corr_benchmark": 0.6536140284218636,
+  "alpha_pos_frac": 0.6307692307692307,
+  "fund_max_dd": -0.3504380987399789,
+  "first": "2020-10-14",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.99",
+  "ref_full": "qqq +0.99"
+ },
+ "qspmx": {
+  "sym": "qspmx",
+  "name": "Quantified Pattern Recognition Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.006458050439535856,
+  "alpha_t_5y": 0.11356980271609768,
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+  "r2_5y": 0.4227958947441619,
+  "r2_full": 0.4339048956342969,
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+  "alpha_pos_frac": 0.47435897435897434,
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+  "first": "2019-08-30",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.77, vnq -0.11",
+  "ref_full": "ivv +0.73, vnq -0.10, vweax -0.26"
+ },
+ "qstax": {
+  "sym": "qstax",
+  "name": "Quantified STF Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01272367874550188,
+  "alpha_t_5y": 0.13441161508060273,
+  "alpha_t_full": 0.1508897749132723,
+  "r2_5y": 0.35494859506068943,
+  "r2_full": 0.4461981823571396,
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+  "corr_benchmark": 0.3708777344264506,
+  "alpha_pos_frac": 0.5447154471544715,
+  "fund_max_dd": -0.49376981822111365,
+  "first": "2015-11-16",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.26, ivv -0.71, vweax -0.60",
+  "ref_full": "qqq +1.05, vnq -0.10, ivv -0.31, vwo +0.12, vweax -0.30"
+ },
+ "quasx": {
+  "sym": "quasx",
+  "name": "AB Small Cap Growth Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0734890400804549,
+  "alpha_t_5y": -2.184887283622941,
+  "alpha_t_full": -1.0470173558182436,
+  "r2_5y": 0.9106563361424821,
+  "r2_full": 0.9189071724262046,
+  "corr_portfolio": 0.14416944487191602,
+  "corr_benchmark": 0.5603800389301393,
+  "alpha_pos_frac": 0.47896440129449835,
+  "fund_max_dd": -0.6097122361208666,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.93, qqq +0.71, ivv -0.61",
+  "ref_full": "iwm +0.86, qqq +0.49, vnq -0.08, ivv -0.25, vweax +0.09, gld +0.02"
+ },
+ "qusox": {
+  "sym": "qusox",
+  "name": "Pear Tree Polaris Foreign Value Small Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.024152284606167862,
+  "alpha_t_5y": 0.6012416597726478,
+  "alpha_t_full": 0.9402094556126751,
+  "r2_5y": 0.5427939949004175,
+  "r2_full": 0.5518814310542811,
+  "corr_portfolio": 0.44386193314850486,
+  "corr_benchmark": 0.296646688474429,
+  "alpha_pos_frac": 0.48130841121495327,
+  "fund_max_dd": -0.5798724249672338,
+  "first": "2008-05-05",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.61, vweax +1.14, ivv -0.17, agg -0.37, fxe +0.19, qqq -0.11",
+  "ref_full": "vea +0.48, vweax +1.08, ivv -0.33, djp +0.05, vwo +0.07, fxe +0.10"
+ },
+ "qwld": {
+  "sym": "qwld",
+  "name": "State Street(R) SPDR(R) MSCI World StrategicFactors(SM) ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.003531139831240003,
+  "alpha_t_5y": 0.3082116751773531,
+  "alpha_t_full": 0.4473794411839137,
+  "r2_5y": 0.9584251866475428,
+  "r2_full": 0.7075817440336754,
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+  "corr_benchmark": 0.5344077900314895,
+  "alpha_pos_frac": 0.48936170212765956,
+  "fund_max_dd": -0.3189073975828345,
+  "first": "2014-06-06",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.69, efa +0.51, qqq -0.14, vnq +0.06, vea -0.22, iwm -0.03",
+  "ref_full": "ivv +0.45, efa +0.29, vnq +0.06, vwo -0.09, vweax +0.22, gld +0.04"
+ },
+ "qwvox": {
+  "sym": "qwvox",
+  "name": "Clearwater Select Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05210526405307074,
+  "alpha_t_5y": -1.4218404815303916,
+  "alpha_t_full": -2.5862432894178404,
+  "r2_5y": 0.8438453237008984,
+  "r2_full": 0.7685231026940346,
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+  "fund_max_dd": -0.5651990023201119,
+  "first": "2011-01-28",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.79, ivv +0.33, qqq -0.17, djp -0.05, vwo +0.06",
+  "ref_full": "iwm +0.88, vweax +0.23"
+ },
+ "raax": {
+  "sym": "raax",
+  "name": "VanEck Real Assets ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004276894010786887,
+  "alpha_t_5y": -0.15210047545435365,
+  "alpha_t_full": -0.7039684260739323,
+  "r2_5y": 0.8190808100060822,
+  "r2_full": 0.7522227265141693,
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+  "corr_benchmark": 0.4343231968213434,
+  "alpha_pos_frac": 0.6105263157894737,
+  "fund_max_dd": -0.3390697706139564,
+  "first": "2018-04-11",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "djp +0.11, vea +0.19, iwm +0.18, gld +0.26, gsg +0.24, vnq +0.08",
+  "ref_full": "vea +0.19, djp +0.12, gld +0.29, iwm +0.14, gsg +0.18, vnq +0.07"
+ },
+ "raghx": {
+  "sym": "raghx",
+  "name": "Virtus KAR Health Sciences Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04510168666932879,
+  "alpha_t_5y": -1.0097047542540039,
+  "alpha_t_full": 0.24080768442048756,
+  "r2_5y": 0.595425064007103,
+  "r2_full": 0.6929757996647034,
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+  "corr_benchmark": 0.5193052145673235,
+  "alpha_pos_frac": 0.5361702127659574,
+  "fund_max_dd": -0.40227603674772683,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.01, vnq +0.13, qqq -0.37, gsg -0.07, iwm +0.08, ief +0.13",
+  "ref_full": "ivv +0.60, iwm +0.16, agg +0.17, vnq -0.05, gsg -0.04, efa +0.07"
+ },
+ "ragtx": {
+  "sym": "ragtx",
+  "name": "Virtus Zevenbergen Technology Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015148589723894641,
+  "alpha_t_5y": -0.4675161430628605,
+  "alpha_t_full": -0.6655619115325603,
+  "r2_5y": 0.9286100366274173,
+  "r2_full": 0.8936247063350088,
+  "corr_portfolio": 0.07846992304041289,
+  "corr_benchmark": 0.5759993417928082,
+  "alpha_pos_frac": 0.5486381322957199,
+  "fund_max_dd": -0.5955175034749385,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.38, ivv -0.38, iwm +0.19, vnq -0.10",
+  "ref_full": "qqq +1.17, ivv -0.23, iwm +0.15, vnq -0.06, gld +0.03, tlt +0.04"
+ },
+ "ralax": {
+  "sym": "ralax",
+  "name": "Aggressive Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009210224411008263,
+  "alpha_t_5y": -0.9603663499930943,
+  "alpha_t_full": -0.844508365906051,
+  "r2_5y": 0.970012732583934,
+  "r2_full": 0.816913432718172,
+  "corr_portfolio": 0.3022366416652295,
+  "corr_benchmark": 0.5513627234547034,
+  "alpha_pos_frac": 0.5605381165919282,
+  "fund_max_dd": -0.5205758201058003,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.59, vea +0.21, iwm +0.07, ief +0.12, qqq -0.09, vwo +0.03",
+  "ref_full": "ivv +0.27, efa +0.24, iwm +0.13, vweax +0.19, djp +0.04, vnq +0.04"
+ },
+ "rapax": {
+  "sym": "rapax",
+  "name": "Cohen & Steers Real Assets Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003872857971169362,
+  "alpha_t_5y": -0.2782374013080609,
+  "alpha_t_full": -1.8270583539367014,
+  "r2_5y": 0.911711064387955,
+  "r2_full": 0.9220272727259112,
+  "corr_portfolio": 0.38056818356690264,
+  "corr_benchmark": 0.4963737367784319,
+  "alpha_pos_frac": 0.5443786982248521,
+  "fund_max_dd": -0.3145089247680882,
+  "first": "2012-02-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.22, djp +0.30, vnq +0.22, qqq -0.16, gld +0.06, ivv +0.19",
+  "ref_full": "vea +0.24, djp +0.23, vnq +0.21, gld +0.08, vweax +0.16, gsg +0.06"
+ },
+ "ravi": {
+  "sym": "ravi",
+  "name": "FlexShares Ultra-Short Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.002627167643601835,
+  "alpha_t_5y": 0.48127539099999284,
+  "alpha_t_full": 1.6584006215033549,
+  "r2_5y": 0.06642926911806435,
+  "r2_full": 0.09060614150568636,
+  "corr_portfolio": 0.05942262171747824,
+  "corr_benchmark": 0.18047488494850816,
+  "alpha_pos_frac": 0.41875,
+  "fund_max_dd": -0.0372180683259794,
+  "first": "2012-10-12",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.10, tlt -0.02",
+  "ref_full": "agg +0.09, tlt -0.05, vblix +0.06, fxy +0.01, vmbix -0.03"
+ },
+ "rbbax": {
+  "sym": "rbbax",
+  "name": "Columbia Income Builder Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00657114369093411,
+  "alpha_t_5y": 1.127645877113091,
+  "alpha_t_full": 0.8999976943622376,
+  "r2_5y": 0.9492327951768618,
+  "r2_full": 0.890319899682603,
+  "corr_portfolio": 0.2819816606519108,
+  "corr_benchmark": 0.770525388287296,
+  "alpha_pos_frac": 0.5282051282051282,
+  "fund_max_dd": -0.23220798767684725,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.06, vmbix +0.27, iwm +0.08, vea +0.07, vweax +0.18, agg +0.24",
+  "ref_full": "ivv +0.07, agg +0.26, iwm +0.07, vweax +0.21, vnq +0.04, efa +0.06"
+ },
+ "rbcgx": {
+  "sym": "rbcgx",
+  "name": "REYNOLDS BLUE CHIP GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0332250839194461,
+  "alpha_t_5y": -1.127778224412495,
+  "alpha_t_full": 0.4176610028014916,
+  "r2_5y": 0.8619561504370304,
+  "r2_full": 0.7281318532873164,
+  "corr_portfolio": 0.16011640513963807,
+  "corr_benchmark": 0.575970868361616,
+  "alpha_pos_frac": 0.4663677130044843,
+  "fund_max_dd": -0.7712266630600033,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.73, iwm +0.10, vea -0.07",
+  "ref_full": "qqq +0.65, iwm +0.24, vnq -0.11, vwo -0.11, djp +0.07, fxe +0.09"
+ },
+ "rblax": {
+  "sym": "rblax",
+  "name": "Balanced Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009233736066113945,
+  "alpha_t_5y": -1.1085545358905016,
+  "alpha_t_full": -2.1068312828472004,
+  "r2_5y": 0.9640121008499232,
+  "r2_full": 0.9229792646255099,
+  "corr_portfolio": 0.3391361870208502,
+  "corr_benchmark": 0.6676901657950982,
+  "alpha_pos_frac": 0.5515695067264574,
+  "fund_max_dd": -0.4366025564307384,
+  "first": "2007-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.43, vea +0.18, agg +0.29, iwm +0.07, qqq -0.08, vweax +0.08",
+  "ref_full": "ivv +0.18, vea +0.46, agg +0.21, iwm +0.12, vweax +0.18, efa -0.23"
+ },
+ "rcbax": {
+  "sym": "rcbax",
+  "name": "AMERICAN FUNDS CORPORATE BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014299929307097578,
+  "alpha_t_5y": -2.967142927271693,
+  "alpha_t_full": -1.7824511049861649,
+  "r2_5y": 0.9692089215380625,
+  "r2_full": 0.944466897154564,
+  "corr_portfolio": -0.040754077751630334,
+  "corr_benchmark": 0.7459269852496433,
+  "alpha_pos_frac": 0.40869565217391307,
+  "fund_max_dd": -0.23654725874312477,
+  "first": "2016-08-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.50, agg +0.28, tlt -0.19, vweax +0.11, ief +0.20, vmbix -0.05",
+  "ref_full": "vblix +0.51, vweax +0.17, ief +0.25, tlt -0.20, agg +0.14"
+ },
+ "rcjtx": {
+  "sym": "rcjtx",
+  "name": "American Funds 2015 Target Date Retirement Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003375690003670978,
+  "alpha_t_5y": -0.5583036560149485,
+  "alpha_t_full": -0.37125231440714274,
+  "r2_5y": 0.9559777525401805,
+  "r2_full": 0.9425533322139027,
+  "corr_portfolio": 0.330624809689852,
+  "corr_benchmark": 0.743929662519092,
+  "alpha_pos_frac": 0.5230769230769231,
+  "fund_max_dd": -0.426893837619131,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.39, vmbix +0.17, vea +0.12, qqq -0.12, ief +0.20, djp +0.02",
+  "ref_full": "ivv +0.31, efa +0.15, ief +0.19, vnq +0.04, vwo +0.07, qqq -0.06"
+ },
+ "rclax": {
+  "sym": "rclax",
+  "name": "Conservative Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008426513403080803,
+  "alpha_t_5y": -1.3814138217580594,
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+  "r2_5y": 0.939157740156874,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.33, ivv +0.07, vea +0.08, iwm +0.04, vweax +0.12, ief +0.23",
+  "ref_full": "efa +0.08, ief +0.26, iwm +0.05, vweax +0.21, ivv +0.07, agg +0.13"
+ },
+ "rcmcx": {
+  "sym": "rcmcx",
+  "name": "Royce Capital Fund - Micro-Cap Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.04462991772402237,
+  "alpha_t_5y": 1.555033473587942,
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+  "r2_5y": 0.9169745494394586,
+  "r2_full": 0.9164795140993235,
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+  "corr_benchmark": 0.5127775215455846,
+  "alpha_pos_frac": 0.4798206278026906,
+  "fund_max_dd": -0.5867440295753957,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.02, vnq -0.16, vea +0.11",
+  "ref_full": "iwm +0.92, gld +0.08, vnq -0.11, vweax +0.23, fxe +0.10, djp +0.03"
+ },
+ "rctix": {
+  "sym": "rctix",
+  "name": "River Canyon Total Return Bond Fund",
+  "bucket": "all",
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+  "alpha_pos_frac": 0.5223880597014925,
+  "fund_max_dd": -0.10891145943481484,
+  "first": "2015-01-08",
+  "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.22, vweax +0.09",
+  "ref_full": "vweax +0.08, vmbix +0.15, tlt -0.23, vblix +0.21, ief +0.14"
+ },
+ "rdccx": {
+  "sym": "rdccx",
+  "name": "Columbia Disciplined Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.027799849449109154,
+  "alpha_t_5y": 1.551014095153225,
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+  "r2_full": 0.9538302093315287,
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+  "corr_benchmark": 0.5471027461682731,
+  "alpha_pos_frac": 0.5260663507109005,
+  "fund_max_dd": -0.5539920293534388,
+  "first": "2008-07-28",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.24, qqq -0.56, iwm +0.17, vea +0.07, gsg +0.02, vnq +0.04",
+  "ref_full": "ivv +1.19, qqq -0.43, iwm +0.14, vnq +0.05, vwo +0.05, gsg +0.02"
+ },
+ "rdiv": {
+  "sym": "rdiv",
+  "name": "Invesco S&P Ultra Dividend Revenue ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.05783344844899991,
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+  "alpha_pos_frac": 0.48322147651006714,
+  "fund_max_dd": -0.49973901487914574,
+  "first": "2013-10-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.35, vnq +0.15, qqq -0.92, ivv +1.39, gsg +0.06, gld -0.05",
+  "ref_full": "iwm +0.33, vnq +0.17, gsg +0.07, qqq -0.86, ivv +1.31, vea +0.06"
+ },
+ "rdlax": {
+  "sym": "rdlax",
+  "name": "Columbia Disciplined Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.025210630066869112,
+  "alpha_t_5y": -1.610503809131266,
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+  "r2_5y": 0.969504463589368,
+  "r2_full": 0.9648724763996496,
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+  "alpha_pos_frac": 0.547085201793722,
+  "fund_max_dd": -0.5431841948997745,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.56, ivv +0.58, vnq -0.04, vea -0.20, efa +0.15",
+  "ref_full": "ivv +0.68, qqq +0.41, vnq -0.03, agg +0.07, gld +0.02, efa -0.03"
+ },
+ "rdwbx": {
+  "sym": "rdwbx",
+  "name": "AMERICAN FUNDS DEVELOPING WORLD GROWTH & INCOME FUND",
+  "bucket": "all",
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+  "alpha_t_5y": -0.5457708497390843,
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+  "alpha_pos_frac": 0.5069444444444444,
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+  "first": "2014-03-10",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.73, qqq +0.09, vweax +0.31, agg -0.19",
+  "ref_full": "vwo +0.56, vweax +0.36, vea +0.61, efa -0.47, agg -0.13, qqq +0.04"
+ },
+ "reaax": {
+  "sym": "reaax",
+  "name": "Equity Aggressive Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009482205472751432,
+  "alpha_t_5y": -0.9002957942662951,
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+  "corr_benchmark": 0.5365689785431843,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.5952630559272116,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.65, vea +0.23, iwm +0.08, qqq -0.09, fxe +0.06, vweax +0.07",
+  "ref_full": "ivv +0.30, efa +0.31, iwm +0.15, vnq +0.05, djp +0.05, vweax +0.16"
+ },
+ "rebax": {
+  "sym": "rebax",
+  "name": "Columbia Emerging Markets Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006859425686647468,
+  "alpha_t_5y": -0.4362237269054615,
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+  "r2_full": 0.5145543747464068,
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+  "corr_benchmark": 0.5392750031689936,
+  "alpha_pos_frac": 0.5838150289017341,
+  "fund_max_dd": -0.3443010279970157,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.53, agg +0.20, vwo +0.06, vblix +0.11",
+  "ref_full": "vweax +0.64, vwo +0.08, agg +0.18, tlt +0.05, qqq -0.02, gsg +0.01"
+ },
+ "rebyx": {
+  "sym": "rebyx",
+  "name": "U.S. Small Cap Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.014880526892754044,
+  "alpha_t_5y": 0.8480084395673596,
+  "alpha_t_full": -0.7215608362140304,
+  "r2_5y": 0.9613623401760827,
+  "r2_full": 0.9447830569594509,
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+  "corr_benchmark": 0.5291834320614589,
+  "alpha_pos_frac": 0.7450980392156863,
+  "fund_max_dd": -0.7615521588880102,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.88, efa +0.03, qqq -0.15, ivv +0.22, gld -0.02",
+  "ref_full": "iwm +0.87, efa +0.06, djp +0.02, ivv +0.13, qqq -0.06, vnq -0.02"
+ },
+ "recs": {
+  "sym": "recs",
+  "name": "Columbia Research Enhanced Core ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01672891136372589,
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+  "alpha_pos_frac": 0.4805194805194805,
+  "fund_max_dd": -0.34289666003770125,
+  "first": "2019-09-26",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.05, qqq -0.11, iwm +0.03",
+  "ref_full": "ivv +0.86, vweax +0.20"
+ },
+ "redwx": {
+  "sym": "redwx",
+  "name": "GreenFi Redwood Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.027211181548280606,
+  "alpha_t_5y": -1.3644857490647275,
+  "alpha_t_full": -0.48645410591140964,
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+  "r2_full": 0.9174497628049895,
+  "corr_portfolio": 0.2434499340781259,
+  "corr_benchmark": 0.605252541289675,
+  "alpha_pos_frac": 0.5609756097560976,
+  "fund_max_dd": -0.4108874278245135,
+  "first": "2015-11-17",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.86, iwm +0.15, gsg -0.03",
+  "ref_full": "ivv +0.72, iwm +0.24, efa +0.06, gld -0.03, agg +0.58, ief -0.45"
+ },
+ "remsx": {
+  "sym": "remsx",
+  "name": "Emerging Markets Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012267336851016027,
+  "alpha_t_5y": -0.3663617846829786,
+  "alpha_t_full": -0.8846073582528792,
+  "r2_5y": 0.793274153717151,
+  "r2_full": 0.8292943310904445,
+  "corr_portfolio": 0.3216163479976866,
+  "corr_benchmark": 0.43914429679885514,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.6680208421110567,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.80, qqq +0.06, djp +0.03, fxy -0.11, gld +0.05",
+  "ref_full": "vwo +0.63, vweax +0.58, djp +0.08, ief -0.11, qqq +0.07, vnq -0.04"
+ },
+ "remx": {
+  "sym": "remx",
+  "name": "VanEck Rare Earth and Strategic Metals ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04936843194775946,
+  "alpha_t_5y": -0.39717385354418144,
+  "alpha_t_full": -1.6490630787416987,
+  "r2_5y": 0.49845114592232953,
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+  "corr_portfolio": 0.18584936522214107,
+  "corr_benchmark": 0.3409931622357713,
+  "alpha_pos_frac": 0.4076086956521739,
+  "fund_max_dd": -0.9020686740549454,
+  "first": "2010-10-29",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +1.01, iwm +0.47, djp +0.28, gld +0.21",
+  "ref_full": "vwo +0.58, iwm +0.43, gld +0.21, djp +0.19, vea +0.30, vnq -0.15"
+ },
+ "retsx": {
+  "sym": "retsx",
+  "name": "Tax-Managed U.S. Large Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01819004265634059,
+  "alpha_t_5y": -1.7954772854029821,
+  "alpha_t_full": -1.5257446025474803,
+  "r2_5y": 0.9787148218558288,
+  "r2_full": 0.9782464563898785,
+  "corr_portfolio": 0.2829792955352158,
+  "corr_benchmark": 0.6081894368803957,
+  "alpha_pos_frac": 0.4919093851132686,
+  "fund_max_dd": -0.5735461228306303,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.94, iwm +0.03",
+  "ref_full": "ivv +0.85, vwo +0.03, iwm +0.04, qqq +0.05, vnq +0.02, ief -0.04"
+ },
+ "reuyx": {
+  "sym": "reuyx",
+  "name": "Sustainable Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015965520226600742,
+  "alpha_t_5y": -1.1871675040400005,
+  "alpha_t_full": -1.4123362948767142,
+  "r2_5y": 0.9584311066747396,
+  "r2_full": 0.9554372363859305,
+  "corr_portfolio": 0.3005329808930533,
+  "corr_benchmark": 0.6212041247737974,
+  "alpha_pos_frac": 0.5560538116591929,
+  "fund_max_dd": -0.6120220029113703,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.02, qqq -0.12, gsg -0.03, vea +0.05, vnq +0.03",
+  "ref_full": "ivv +0.90, vnq +0.03, efa +0.06, qqq -0.04, gsg -0.01"
+ },
+ "revs": {
+  "sym": "revs",
+  "name": "Columbia Research Enhanced Value ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.033054503665462316,
+  "alpha_t_5y": 1.6103088284026006,
+  "alpha_t_full": 1.087950966555736,
+  "r2_5y": 0.891564952185601,
+  "r2_full": 0.8119734029825674,
+  "corr_portfolio": 0.3823377405862101,
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+  "alpha_pos_frac": 0.4025974025974026,
+  "fund_max_dd": -0.37852710335878714,
+  "first": "2019-09-26",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.35, qqq -0.67, iwm +0.19, vea +0.05",
+  "ref_full": "ivv +1.21, qqq -0.56, iwm +0.18, vweax +0.22"
+ },
+ "rfayx": {
+  "sym": "rfayx",
+  "name": "Investment Grade Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0023603594099702173,
+  "alpha_t_5y": -0.5965511268157717,
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+  "r2_5y": 0.9730228667572349,
+  "r2_full": 0.8063440748519253,
+  "corr_portfolio": -0.10162455579807453,
+  "corr_benchmark": 0.6709151223362981,
+  "alpha_pos_frac": 0.5028901734104047,
+  "fund_max_dd": -0.19353580606665932,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.37, agg +0.25, vweax +0.07, vblix +0.06, vmbix +0.10, ivv -0.01",
+  "ref_full": "ief +0.40, vweax +0.15, agg +0.17, vnq +0.01, fxy +0.02, tlt +0.02"
+ },
+ "rfbsx": {
+  "sym": "rfbsx",
+  "name": "Short Duration Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0034437395318759017,
+  "alpha_t_5y": -1.0670611494271502,
+  "alpha_t_full": 1.4734184185989583,
+  "r2_5y": 0.8504584455999085,
+  "r2_full": 0.6158393878907795,
+  "corr_portfolio": -0.004165975491361336,
+  "corr_benchmark": 0.528861052727931,
+  "alpha_pos_frac": 0.5128205128205128,
+  "fund_max_dd": -0.15657235864601915,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.02, ief +0.21, tlt -0.11, agg +0.26, vweax +0.04, ivv -0.01",
+  "ref_full": "agg +0.11, vweax +0.10, ief +0.23, tlt -0.07, fxe +0.01, fxy +0.01"
+ },
+ "rfcyx": {
+  "sym": "rfcyx",
+  "name": "Strategic Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002780007659969296,
+  "alpha_t_5y": -0.47919089687002864,
+  "alpha_t_full": -0.216585984036185,
+  "r2_5y": 0.9433956787957819,
+  "r2_full": 0.808789672135191,
+  "corr_portfolio": -0.069717658319351,
+  "corr_benchmark": 0.7006782068351609,
+  "alpha_pos_frac": 0.4564102564102564,
+  "fund_max_dd": -0.19344217156737453,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.36, ief +0.37, vweax +0.10, ivv -0.02, vmbix +0.10, vwo +0.01",
+  "ref_full": "ief +0.41, vweax +0.19, agg +0.19, vnq +0.01, fxy +0.02, vwo +0.01"
+ },
+ "rfrax": {
+  "sym": "rfrax",
+  "name": "Columbia Floating Rate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.011919757005801997,
+  "alpha_t_5y": 1.5832883935905977,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.28, vmbix -0.00, vblix +0.38, tlt -0.22, agg -0.29",
+  "ref_full": "vweax +0.49, ief -0.06"
+ },
+ "rgcyx": {
+  "sym": "rgcyx",
+  "name": "Opportunistic Credit Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007073837132067339,
+  "alpha_t_5y": 1.0132004360253017,
+  "alpha_t_full": 1.248654769127508,
+  "r2_5y": 0.7544815469496604,
+  "r2_full": 0.676982557042357,
+  "corr_portfolio": 0.25965817797288643,
+  "corr_benchmark": 0.5353043458729024,
+  "alpha_pos_frac": 0.6054054054054054,
+  "fund_max_dd": -0.19472435399793253,
+  "first": "2010-10-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.38, agg +0.10, vwo +0.03, ief +0.11",
+  "ref_full": "vweax +0.52, vwo +0.05, agg +0.17, qqq -0.02, fxe +0.03, gsg +0.01"
+ },
+ "rgeax": {
+  "sym": "rgeax",
+  "name": "Global Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006973089353849463,
+  "alpha_t_5y": -0.5803362673954126,
+  "alpha_t_full": -1.007461400277626,
+  "r2_5y": 0.966178564119301,
+  "r2_full": 0.9437017617889465,
+  "corr_portfolio": 0.35005470755765083,
+  "corr_benchmark": 0.5912839923918596,
+  "alpha_pos_frac": 0.5526315789473685,
+  "fund_max_dd": -0.595071607888996,
+  "first": "2007-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.76, efa +0.27, qqq -0.08, iwm +0.04, vnq -0.03",
+  "ref_full": "ivv +0.48, vea +0.87, efa -0.44, vweax +0.12, iwm +0.06, vnq -0.03"
+ },
+ "rgiax": {
+  "sym": "rgiax",
+  "name": "Global Infrastructure Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01177942442041083,
+  "alpha_t_5y": 0.4104454867332744,
+  "alpha_t_full": 0.24704387643622988,
+  "r2_5y": 0.7302926897943018,
+  "r2_full": 0.8139487291939547,
+  "corr_portfolio": 0.3617432528033279,
+  "corr_benchmark": 0.5429934817090951,
+  "alpha_pos_frac": 0.4864864864864865,
+  "fund_max_dd": -0.3918671377462152,
+  "first": "2010-10-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.29, vnq +0.25, djp +0.07, qqq -0.31, ivv +0.46, fxe +0.19",
+  "ref_full": "vea +0.44, vnq +0.22, gsg +0.05, vweax +0.27, qqq -0.23, ivv +0.31"
+ },
+ "rgsax": {
+  "sym": "rgsax",
+  "name": "Virtus KAR Global Small-Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04728740379998337,
+  "alpha_t_5y": -1.5065371209017657,
+  "alpha_t_full": -1.8395610951283652,
+  "r2_5y": 0.7944836124651921,
+  "r2_full": 0.9051790853124441,
+  "corr_portfolio": 0.3257729814894868,
+  "corr_benchmark": 0.5502253015883982,
+  "alpha_pos_frac": 0.5454545454545454,
+  "fund_max_dd": -0.6837079365742649,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.35, efa +0.37, vweax +0.20, gld -0.06, fxe +0.13, vnq +0.06",
+  "ref_full": "iwm +0.41, efa +0.36, vweax +0.28, qqq +0.08, djp +0.04, ief -0.05"
+ },
+ "rgwfx": {
+  "sym": "rgwfx",
+  "name": "American Funds Growth Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.019375673294250887,
+  "alpha_t_5y": -1.4365943848650382,
+  "alpha_t_full": -1.1077506889446953,
+  "r2_5y": 0.9691899243395175,
+  "r2_full": 0.9665207892475931,
+  "corr_portfolio": 0.23291306628594832,
+  "corr_benchmark": 0.6276280896895802,
+  "alpha_pos_frac": 0.5454545454545454,
+  "fund_max_dd": -0.33931809534681534,
+  "first": "2012-05-22",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.30, vwo +0.07, qqq +0.34, iwm +0.15, efa +0.11, vweax +0.10",
+  "ref_full": "ivv +0.27, vea +0.17, qqq +0.30, iwm +0.13, vweax +0.14, vwo +0.05"
+ },
+ "rhltx": {
+  "sym": "rhltx",
+  "name": "American Funds 2065 Target Date Retirement Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012294310019194007,
+  "alpha_t_5y": -1.2317616594367828,
+  "alpha_t_full": -0.7562673870116031,
+  "r2_5y": 0.9741855865566662,
+  "r2_full": 0.9752927508007571,
+  "corr_portfolio": 0.14850669816893586,
+  "corr_benchmark": 0.6911490273610363,
+  "alpha_pos_frac": 0.5492957746478874,
+  "fund_max_dd": -0.27412059218294005,
+  "first": "2020-03-30",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.41, vea +0.18, vwo +0.07, iwm +0.07, qqq +0.11, vweax +0.11",
+  "ref_full": "ivv +0.40, vea +0.19, qqq +0.13, iwm +0.07, vwo +0.07, vblix +0.04"
+ },
+ "rimox": {
+  "sym": "rimox",
+  "name": "City National Rochdale Fixed Income Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0011682086311741733,
+  "alpha_t_5y": -0.15377434488170486,
+  "alpha_t_full": 1.0677832449608735,
+  "r2_5y": 0.5105531293966044,
+  "r2_full": 0.5542051883467141,
+  "corr_portfolio": 0.32423120824442364,
+  "corr_benchmark": 0.33945327811493287,
+  "alpha_pos_frac": 0.595,
+  "fund_max_dd": -0.23609988739649201,
+  "first": "2009-07-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.36, vwo +0.02",
+  "ref_full": "vweax +0.49, vea +0.09, qqq -0.04, ivv +0.05, vwo +0.02, efa -0.08"
+ },
+ "rinyx": {
+  "sym": "rinyx",
+  "name": "International Developed Markets Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.009015913870230055,
+  "alpha_t_5y": 0.5170793976744403,
+  "alpha_t_full": -1.1986806016405067,
+  "r2_5y": 0.9236968153179959,
+  "r2_full": 0.8981600035241492,
+  "corr_portfolio": 0.4305475111042152,
+  "corr_benchmark": 0.503889691794077,
+  "alpha_pos_frac": 0.5650224215246636,
+  "fund_max_dd": -0.675106524997682,
+  "first": "2007-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.52, fxe +0.14, vweax +0.26, qqq -0.06, vea +0.34, tlt -0.04",
+  "ref_full": "vea +1.04, vweax +0.32, ivv -0.10, fxe +0.08, tlt -0.03, efa -0.13"
+ },
+ "rivjx": {
+  "sym": "rivjx",
+  "name": "American Funds International Vantage Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013522297709935422,
+  "alpha_t_5y": -0.7019008274850039,
+  "alpha_t_full": -0.19260831827913175,
+  "r2_5y": 0.9135315339379497,
+  "r2_full": 0.9174895037557972,
+  "corr_portfolio": 0.23871083542100527,
+  "corr_benchmark": 0.6069684399145011,
+  "alpha_pos_frac": 0.47368421052631576,
+  "fund_max_dd": -0.3115533219142145,
+  "first": "2019-11-11",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.78, qqq +0.19, ivv -0.21, vweax +0.19, vwo +0.06, fxe +0.09",
+  "ref_full": "efa +0.75, qqq +0.23, ivv -0.26, vweax +0.19, fxe +0.14, vwo +0.05"
+ },
+ "rlvsx": {
+  "sym": "rlvsx",
+  "name": "Tax-Exempt Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012094766155293169,
+  "alpha_t_5y": -1.1075817213804904,
+  "alpha_t_full": 1.5071502215880321,
+  "r2_5y": 0.24977184705681943,
+  "r2_full": 0.19267164736451436,
+  "corr_portfolio": 0.04867067174009816,
+  "corr_benchmark": 0.28177417043542763,
+  "alpha_pos_frac": 0.5258964143426295,
+  "fund_max_dd": -0.11761075673739763,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.26, ief +0.07, ivv -0.06, vnq +0.02, vwo +0.02",
+  "ref_full": "agg +0.07, vweax +0.15, fxy +0.03, ief +0.05, gsg -0.01, vnq +0.01"
+ },
+ "rmbhx": {
+  "sym": "rmbhx",
+  "name": "RMB Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03503609730950833,
+  "alpha_t_5y": -1.9278720670144487,
+  "alpha_t_full": -0.21852037459380924,
+  "r2_5y": 0.9347759394292388,
+  "r2_full": 0.7169197082228602,
+  "corr_portfolio": 0.20160167121440212,
+  "corr_benchmark": 0.5028047787872559,
+  "alpha_pos_frac": 0.5063829787234042,
+  "fund_max_dd": -0.5288259342309172,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.95, gsg -0.03, vnq +0.04",
+  "ref_full": "ivv +0.79, vnq -0.06, qqq +0.10, iwm +0.07, djp +0.04, agg +0.11"
+ },
+ "rmdax": {
+  "sym": "rmdax",
+  "name": "Virtus Silvant Mid-Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.052088040893137046,
+  "alpha_t_5y": -1.3629780381514236,
+  "alpha_t_full": -1.1293636208877422,
+  "r2_5y": 0.8627192983663606,
+  "r2_full": 0.8974942180543986,
+  "corr_portfolio": 0.16138592176180297,
+  "corr_benchmark": 0.59596854125466,
+  "alpha_pos_frac": 0.5259515570934256,
+  "fund_max_dd": -0.5587090875890496,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv -0.06, iwm +0.48, qqq +0.63",
+  "ref_full": "ivv +0.25, iwm +0.40, qqq +0.41, vnq -0.05, vwo +0.05, agg +0.12"
+ },
+ "rmeax": {
+  "sym": "rmeax",
+  "name": "Aspiriant Risk-Managed Equity Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005246783663257761,
+  "alpha_t_5y": 0.2599807500477614,
+  "alpha_t_full": 0.20829719926732,
+  "r2_5y": 0.8184367404271204,
+  "r2_full": 0.8235238797931902,
+  "corr_portfolio": 0.3321602753243598,
+  "corr_benchmark": 0.5795871335729402,
+  "alpha_pos_frac": 0.5225806451612903,
+  "fund_max_dd": -0.262283305575415,
+  "first": "2013-04-05",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.57, vwo +0.13, efa +0.12, iwm -0.05, qqq -0.09, ief +0.06",
+  "ref_full": "ivv +0.39, vwo +0.12, efa +0.15, gsg -0.03, fxy +0.05, vnq -0.02"
+ },
+ "rmgsx": {
+  "sym": "rmgsx",
+  "name": "Multi-Asset Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006412719435876749,
+  "alpha_t_5y": -0.5084316883611004,
+  "alpha_t_full": -1.046422528429395,
+  "r2_5y": 0.9118676217577494,
+  "r2_full": 0.8599243604962132,
+  "corr_portfolio": 0.28617694427432555,
+  "corr_benchmark": 0.7058965464128752,
+  "alpha_pos_frac": 0.5648148148148148,
+  "fund_max_dd": -0.24927812505440505,
+  "first": "2017-03-08",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.20, ivv +0.26, vmbix +0.26, vnq +0.05, vweax +0.13, vwo +0.04",
+  "ref_full": "vea +0.28, agg +0.33, ivv +0.24, vnq +0.04, vweax +0.18, qqq -0.07"
+ },
+ "rmhyx": {
+  "sym": "rmhyx",
+  "name": "Long Duration Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.001942237910907273,
+  "alpha_t_5y": 0.1394837969733335,
+  "alpha_t_full": -0.1988661504289442,
+  "r2_5y": 0.792942033198298,
+  "r2_full": 0.7792353835415129,
+  "corr_portfolio": -0.07219643445808555,
+  "corr_benchmark": 0.6861968593642135,
+  "alpha_pos_frac": 0.52,
+  "fund_max_dd": -0.19311676550762102,
+  "first": "2019-11-14",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.44, tlt +0.15, vmbix +0.26, qqq -0.03, vnq +0.04, gsg -0.01",
+  "ref_full": "vblix +0.22, vmbix +0.38, vnq +0.05, qqq -0.02, ief +0.16"
+ },
+ "rmlax": {
+  "sym": "rmlax",
+  "name": "Moderate Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00957173213136495,
+  "alpha_t_5y": -1.4342261921400632,
+  "alpha_t_full": -2.4892814654269793,
+  "r2_5y": 0.9590367099653732,
+  "r2_full": 0.8993720635904087,
+  "corr_portfolio": 0.29934569908521036,
+  "corr_benchmark": 0.7529785896718303,
+  "alpha_pos_frac": 0.5829596412556054,
+  "fund_max_dd": -0.340804450040321,
+  "first": "2007-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.28, agg +0.46, vea +0.12, iwm +0.05, qqq -0.05, vweax +0.09",
+  "ref_full": "vea +0.17, agg +0.11, iwm +0.08, vweax +0.20, ief +0.20, ivv +0.10"
+ },
+ "rmmbx": {
+  "sym": "rmmbx",
+  "name": "Aspiriant Risk-Managed Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009922198465432904,
+  "alpha_t_5y": -0.8477825051801308,
+  "alpha_t_full": 0.41576925361738826,
+  "r2_5y": 0.2610446295604655,
+  "r2_full": 0.27260921354772427,
+  "corr_portfolio": 0.04501592008273409,
+  "corr_benchmark": 0.29884816268154546,
+  "alpha_pos_frac": 0.578125,
+  "fund_max_dd": -0.12539567437155408,
+  "first": "2015-07-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.07, vweax +0.23, ivv -0.04, vnq +0.02",
+  "ref_full": "vweax +0.07, vblix +0.33, tlt -0.20, fxy +0.04, gsg -0.01, vnq +0.01"
+ },
+ "rmqhx": {
+  "sym": "rmqhx",
+  "name": "Monthly Rebalance NASDAQ-100 2x Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0025934789084335573,
+  "alpha_t_5y": -0.04464130874773164,
+  "alpha_t_full": 0.03170771178263908,
+  "r2_5y": 0.9183984091993759,
+  "r2_full": 0.9522285641364838,
+  "corr_portfolio": 0.1349769275905362,
+  "corr_benchmark": 0.5998313937885955,
+  "alpha_pos_frac": 0.3851851851851852,
+  "fund_max_dd": -0.632084489649473,
+  "first": "2014-12-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +2.05",
+  "ref_full": "qqq +1.97, ivv +0.13"
+ },
+ "rmtbx": {
+  "sym": "rmtbx",
+  "name": "Aspiriant Risk-Managed Taxable Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.001435572476100862,
+  "alpha_t_5y": -0.1555186927735442,
+  "alpha_t_full": 0.4224479796313208,
+  "r2_5y": 0.7655196514144595,
+  "r2_full": 0.7320196347170396,
+  "corr_portfolio": -0.03208952070353721,
+  "corr_benchmark": 0.6643902462725825,
+  "alpha_pos_frac": 0.6210526315789474,
+  "fund_max_dd": -0.1626084469015825,
+  "first": "2018-04-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.14, vweax +0.13, vmbix +0.15, ief +0.16, vea +0.02, vblix +0.05",
+  "ref_full": "vmbix +0.18, vblix +0.31, tlt -0.19, ief +0.21, efa +0.02, fxy +0.03"
+ },
+ "rmuyx": {
+  "sym": "rmuyx",
+  "name": "Invesco Rochester New York Municipals Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006975477420036463,
+  "alpha_t_5y": -0.33715146007352115,
+  "alpha_t_full": 0.3416510541185724,
+  "r2_5y": 0.39733360920382643,
+  "r2_full": 0.2486109020991173,
+  "corr_portfolio": 0.03663158362547584,
+  "corr_benchmark": 0.3532241073339083,
+  "alpha_pos_frac": 0.6011560693641619,
+  "fund_max_dd": -0.36351925076473,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.52, vblix +0.37, ivv -0.20, vnq +0.06, tlt -0.18, qqq +0.06",
+  "ref_full": "vweax +0.44, ief +0.12, agg +0.17, efa -0.02, fxy +0.04"
+ },
+ "rmycx": {
+  "sym": "rmycx",
+  "name": "Multi-Strategy Income Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.015183054764484004,
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+  "alpha_pos_frac": 0.5538461538461539,
+  "fund_max_dd": -0.22849181174343125,
+  "first": "2015-05-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": true,
+  "ref_5y": "vea +0.21, vmbix +0.37, vnq +0.07, ivv +0.24, qqq -0.10, vweax +0.15",
+  "ref_full": "vea +0.23, agg +0.19, vnq +0.06, vweax +0.24, iwm +0.05, vmbix +0.17"
+ },
+ "roam": {
+  "sym": "roam",
+  "name": "Hartford Multifactor Emerging Markets ETF",
+  "bucket": "all",
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+  "fund_max_dd": -0.4546292960708469,
+  "first": "2015-03-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.60, vea +1.10, efa -0.84",
+  "ref_full": "vwo +0.59, vea +0.90, efa -0.69, agg +0.66, ief -0.46, gld +0.05"
+ },
+ "rodm": {
+  "sym": "rodm",
+  "name": "Hartford Multifactor Developed Markets (ex-US) ETF",
+  "bucket": "all",
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+  "fund_max_dd": -0.3598115542910316,
+  "first": "2015-03-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.70, vnq +0.06, fxe +0.14, qqq -0.12, ivv +0.14, djp +0.03",
+  "ref_full": "efa +0.45, vnq +0.08, fxe +0.08, vweax +0.14, vea +0.28, qqq -0.03"
+ },
+ "rokt": {
+  "sym": "rokt",
+  "name": "State Street(R) SPDR(R) S&P Kensho Final Frontiers ETF",
+  "bucket": "all",
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+  "alpha_t_5y": 1.270957892269991,
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+  "alpha_pos_frac": 0.4772727272727273,
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+  "first": "2018-10-24",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.65, ivv +0.61, gld +0.17, vnq -0.15, qqq -0.19, fxe -0.17",
+  "ref_full": "iwm +0.60, ivv +0.80, qqq -0.34, gld +0.12, vnq -0.09"
+ },
+ "rosc": {
+  "sym": "rosc",
+  "name": "Hartford Multifactor Small Cap ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.048661024174370536,
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+  "r2_full": 0.7621069447340991,
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+  "alpha_pos_frac": 0.4961832061068702,
+  "fund_max_dd": -0.4312814686359233,
+  "first": "2015-03-25",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.81, qqq -0.39, ivv +0.47, gld -0.07",
+  "ref_full": "iwm +0.68, vnq +0.04, qqq -0.29, ivv +0.38, fxe +0.11, vweax +0.18"
+ },
+ "rous": {
+  "sym": "rous",
+  "name": "Hartford Multifactor US Equity ETF",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_pos_frac": 0.4772727272727273,
+  "fund_max_dd": -0.3551066979006904,
+  "first": "2015-03-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.97, qqq -0.26, iwm +0.12, vnq +0.04",
+  "ref_full": "ivv +0.93, qqq -0.23, iwm +0.17, vwo -0.07, vweax +0.17"
+ },
+ "rpbax": {
+  "sym": "rpbax",
+  "name": "T. Rowe Price Balanced Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007635140761232074,
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+  "corr_portfolio": 0.30741828004474064,
+  "corr_benchmark": 0.6673396322125112,
+  "alpha_pos_frac": 0.5650224215246636,
+  "fund_max_dd": -0.4084315299627802,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.41, vea +0.08, agg +0.26, vweax +0.08, efa +0.12, iwm +0.02",
+  "ref_full": "ivv +0.36, efa +0.19, ief +0.14, vweax +0.13, qqq +0.06, iwm +0.03"
+ },
+ "rpfix": {
+  "sym": "rpfix",
+  "name": "Royce Premier Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015623623808098877,
+  "alpha_t_5y": -0.5311524149837709,
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+  "r2_5y": 0.8781826483874362,
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+  "corr_benchmark": 0.5306477209931296,
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+  "fund_max_dd": -0.5138866962516013,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.63, ivv +0.47, qqq -0.20, gsg -0.05, vea +0.10",
+  "ref_full": "iwm +0.63, ivv +0.32, efa +0.10, vnq -0.05, djp +0.04, qqq -0.08"
+ },
+ "rpgax": {
+  "sym": "rpgax",
+  "name": "T. Rowe Price Global Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009275869739162073,
+  "alpha_t_5y": -1.1623381352795445,
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+  "r2_5y": 0.9600992624798277,
+  "r2_full": 0.934609708933083,
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+  "corr_benchmark": 0.6262946395967832,
+  "alpha_pos_frac": 0.47058823529411764,
+  "fund_max_dd": -0.24420286073914632,
+  "first": "2013-06-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.25, vea +0.17, vblix +0.06, iwm +0.06, vwo +0.07, vweax +0.10",
+  "ref_full": "ivv +0.25, vea +0.18, vblix +0.37, tlt -0.24, vwo +0.06, iwm +0.05"
+ },
+ "rpgex": {
+  "sym": "rpgex",
+  "name": "T. Rowe Price Global Growth Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05109987455032343,
+  "alpha_t_5y": -2.686135222002158,
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+  "r2_5y": 0.9340084899781783,
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+  "corr_benchmark": 0.6021993657481696,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.3967230494881442,
+  "first": "2008-10-29",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.39, vea +0.14, vwo +0.19, iwm +0.09, ivv +0.11, vweax +0.11",
+  "ref_full": "ivv +0.23, vwo +0.18, qqq +0.27, vea +0.22, vweax +0.16, iwm +0.06"
+ },
+ "rpgix": {
+  "sym": "rpgix",
+  "name": "T. Rowe Price Global Industrials Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.028439375734003167,
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+  "corr_benchmark": 0.5609579050380327,
+  "alpha_pos_frac": 0.47297297297297297,
+  "fund_max_dd": -0.37910879875344283,
+  "first": "2013-10-31",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.60, iwm +0.26, ivv +0.32, vnq -0.08, fxy -0.09, djp -0.04",
+  "ref_full": "vea +0.54, iwm +0.26, ivv +0.30, vnq -0.07, vweax +0.17, gsg -0.03"
+ },
+ "rpgrx": {
+  "sym": "rpgrx",
+  "name": "T. Rowe Price Target 2035 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010227008667369562,
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+  "r2_5y": 0.9668302651556551,
+  "r2_full": 0.9081477359893633,
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+  "corr_benchmark": 0.6306955546981389,
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+  "fund_max_dd": -0.2673990922785273,
+  "first": "2013-08-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.33, vea +0.15, agg +0.18, iwm +0.07, vwo +0.05, vweax +0.10",
+  "ref_full": "ivv +0.32, vea +0.21, iwm +0.10, ief +0.58, agg -0.65, vweax +0.16"
+ },
+ "rpibx": {
+  "sym": "rpibx",
+  "name": "T. Rowe Price International Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01267060174587144,
+  "alpha_t_5y": -1.1711872626605828,
+  "alpha_t_full": 0.3705967370806652,
+  "r2_5y": 0.885142631333826,
+  "r2_full": 0.8703239905353866,
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+  "corr_benchmark": 0.41669572416061335,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.3345662907055832,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "fxe +0.47, ief +0.24, fxy +0.24, vweax +0.36, vwo +0.04, qqq -0.02",
+  "ref_full": "fxe +0.49, fxy +0.29, vweax +0.22, ief +0.19, vwo +0.03, gld +0.02"
+ },
+ "rpidx": {
+  "sym": "rpidx",
+  "name": "T. Rowe Price Dynamic Credit Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005034357398282388,
+  "alpha_t_5y": 0.342728015534981,
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+  "r2_full": 0.21749288383010146,
+  "corr_portfolio": 0.12417678734045792,
+  "corr_benchmark": -0.07364411016754904,
+  "alpha_pos_frac": 0.47674418604651164,
+  "fund_max_dd": -0.19941530849588673,
+  "first": "2019-01-15",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.15, tlt -0.37, vblix +0.39, efa -0.04",
+  "ref_full": "vweax +0.46, agg -0.40, efa -0.05, fxy +0.06, ief +0.16"
+ },
+ "rpiex": {
+  "sym": "rpiex",
+  "name": "T. Rowe Price Dynamic Global Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.022121679649992523,
+  "alpha_t_5y": -1.2574461024531627,
+  "alpha_t_full": 0.37084883136597324,
+  "r2_5y": 0.24983988070781082,
+  "r2_full": 0.17676880303028175,
+  "corr_portfolio": 0.11667815308115295,
+  "corr_benchmark": -0.34119066590800423,
+  "alpha_pos_frac": 0.49624060150375937,
+  "fund_max_dd": -0.09535800155604779,
+  "first": "2015-01-23",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "agg -0.42, vweax +0.18, qqq -0.06, vwo +0.05",
+  "ref_full": "vmbix -0.17, qqq -0.05, vweax +0.16, gld +0.04, ief -0.13, djp -0.03"
+ },
+ "rpifx": {
+  "sym": "rpifx",
+  "name": "T. Rowe Price Institutional Floating Rate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.021019245691407118,
+  "alpha_t_5y": 2.4855886518512995,
+  "alpha_t_full": 3.070814641384793,
+  "r2_5y": 0.44683419865172813,
+  "r2_full": 0.5505817608509271,
+  "corr_portfolio": 0.26976022394127364,
+  "corr_benchmark": 0.1694682513518322,
+  "alpha_pos_frac": 0.48205128205128206,
+  "fund_max_dd": -0.22533270761197488,
+  "first": "2008-02-04",
+  "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.45, vmbix -0.10, fxe -0.03, iwm -0.01",
+  "ref_full": "vweax +0.54, qqq -0.02, ief -0.05"
+ },
+ "rpihx": {
+  "sym": "rpihx",
+  "name": "T. Rowe Price Global High Income Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0014376653634829832,
+  "alpha_t_5y": 0.16375390329747921,
+  "alpha_t_full": 1.5146375270919339,
+  "r2_5y": 0.750369717776098,
+  "r2_full": 0.7099285390353565,
+  "corr_portfolio": 0.2781893824459559,
+  "corr_benchmark": 0.24510989502418762,
+  "alpha_pos_frac": 0.5488721804511278,
+  "fund_max_dd": -0.2377319643782808,
+  "first": "2015-01-23",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.62, vmbix +0.01, vblix +0.43, tlt -0.27, agg -0.23",
+  "ref_full": "vweax +0.67, agg -0.83, vblix +0.51, tlt -0.27, ief +0.23, vmbix +0.16"
+ },
+ "rplcx": {
+  "sym": "rplcx",
+  "name": "T. Rowe Price Institutional Long Duration Credit Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0040040105768958,
+  "alpha_t_5y": 0.5832277215394149,
+  "alpha_t_full": 0.44420237555979997,
+  "r2_5y": 0.9796489784371698,
+  "r2_full": 0.9367787447198646,
+  "corr_portfolio": -0.06594248358859238,
+  "corr_benchmark": 0.673703551409502,
+  "alpha_pos_frac": 0.5228758169934641,
+  "fund_max_dd": -0.3444441902574842,
+  "first": "2013-06-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.99, vweax +0.19, tlt -0.11, vwo +0.01, gld -0.01",
+  "ref_full": "vblix +1.38, tlt -0.35, agg -0.83, vmbix +0.25, ief +0.33, ivv +0.03"
+ },
+ "rpmgx": {
+  "sym": "rpmgx",
+  "name": "T. Rowe Price Mid-Cap Growth Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06455248546879387,
+  "alpha_t_5y": -2.505579501291613,
+  "alpha_t_full": -0.5495623943210034,
+  "r2_5y": 0.8881007522739893,
+  "r2_full": 0.9295152634842686,
+  "corr_portfolio": 0.218945077621003,
+  "corr_benchmark": 0.6107897819432737,
+  "alpha_pos_frac": 0.5646551724137931,
+  "fund_max_dd": -0.5466162033830317,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.34, iwm +0.33, vnq +0.12, qqq +0.16, djp -0.03",
+  "ref_full": "ivv +0.35, iwm +0.33, qqq +0.16, efa +0.08, vweax +0.09, agg +0.08"
+ },
+ "rpsix": {
+  "sym": "rpsix",
+  "name": "T. Rowe Price Spectrum Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007263606516892175,
+  "alpha_t_5y": -1.122084230114131,
+  "alpha_t_full": -0.010429629174957187,
+  "r2_5y": 0.8710530096597404,
+  "r2_full": 0.805239598867886,
+  "corr_portfolio": 0.262270579680245,
+  "corr_benchmark": 0.6753342364119375,
+  "alpha_pos_frac": 0.5426008968609866,
+  "fund_max_dd": -0.16702195872028036,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.45, agg +0.34, vea +0.04, vnq +0.00, qqq -0.07, ivv +0.09",
+  "ref_full": "vweax +0.37, efa +0.05, ief +0.22, vnq +0.03, fxe +0.06, ivv +0.04"
+ },
+ "rpxfx": {
+  "sym": "rpxfx",
+  "name": "RiverPark Large Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.08700278321206799,
+  "alpha_t_5y": -1.9265521202777731,
+  "alpha_t_full": -2.079387469507541,
+  "r2_5y": 0.8258447482152989,
+  "r2_full": 0.8299582101432581,
+  "corr_portfolio": 0.0843260902763514,
+  "corr_benchmark": 0.5868939912563836,
+  "alpha_pos_frac": 0.5621621621621622,
+  "fund_max_dd": -0.5470173878312041,
+  "first": "2010-10-05",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.85, iwm +0.14, vweax +0.37, gld -0.07, vnq +0.08",
+  "ref_full": "qqq +0.62, iwm +0.14, ivv +0.26, vweax +0.16, agg +0.12"
+ },
+ "rresx": {
+  "sym": "rresx",
+  "name": "Global Real Estate Securities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02435910910817416,
+  "alpha_t_5y": -1.396952658442163,
+  "alpha_t_full": -0.9106841764429309,
+  "r2_5y": 0.9314422837046633,
+  "r2_full": 0.9470893158099866,
+  "corr_portfolio": 0.2940919552597706,
+  "corr_benchmark": 0.5866641261198777,
+  "alpha_pos_frac": 0.4798206278026906,
+  "fund_max_dd": -0.7209020128032846,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.72, vea +0.24, ivv -0.08, vweax +0.15, fxe +0.07, iwm -0.03",
+  "ref_full": "vnq +0.83, efa +0.22, ivv -0.14, agg -0.36, tlt +0.08, vwo +0.05"
+ },
+ "rrfax": {
+  "sym": "rrfax",
+  "name": "Federated Hermes Inflation Protected Securities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.001389086623710332,
+  "alpha_t_5y": -0.10530617787383968,
+  "alpha_t_full": -0.48771027561241254,
+  "r2_5y": 0.7297613858742629,
+  "r2_full": 0.5285720883734426,
+  "corr_portfolio": -0.060654328894196155,
+  "corr_benchmark": 0.5703627956665243,
+  "alpha_pos_frac": 0.5344827586206896,
+  "fund_max_dd": -0.150139171167458,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.45, djp +0.06, agg +0.28",
+  "ref_full": "ief +0.48, gsg +0.04, vweax +0.14, agg +0.13, fxe +0.03, iwm +0.01"
+ },
+ "rrgax": {
+  "sym": "rrgax",
+  "name": "DWS RREEF Global Real Estate Securities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01789943085289973,
+  "alpha_t_5y": -1.0577962862067867,
+  "alpha_t_full": -2.192240593487022,
+  "r2_5y": 0.934667948915014,
+  "r2_full": 0.9239374867049188,
+  "corr_portfolio": 0.2993945116733992,
+  "corr_benchmark": 0.5931261134814287,
+  "alpha_pos_frac": 0.515695067264574,
+  "fund_max_dd": -0.7188186113046003,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.72, vea +0.25, ivv -0.07, vweax +0.13, iwm -0.04",
+  "ref_full": "vnq +0.50, efa +0.32, vweax +0.28, vwo +0.05, qqq -0.04, tlt +0.03"
+ },
+ "rrpax": {
+  "sym": "rrpax",
+  "name": "SIIT Real Return Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0052098739444484,
+  "alpha_t_5y": 0.6413724183318519,
+  "alpha_t_full": -0.5542933853516137,
+  "r2_5y": 0.617098695870512,
+  "r2_full": 0.4167311037025102,
+  "corr_portfolio": 0.00768717905343307,
+  "corr_benchmark": 0.4478738908791492,
+  "alpha_pos_frac": 0.517948717948718,
+  "fund_max_dd": -0.1297444134289042,
+  "first": "2007-09-05",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "vmbix +0.03, djp +0.02, ief +0.40, tlt -0.14, gsg +0.02, agg +0.17",
+  "ref_full": "ief +0.46, gsg +0.03, tlt -0.10, vweax +0.06, agg +0.06, fxe +0.02"
+ },
+ "rrrax": {
+  "sym": "rrrax",
+  "name": "DWS RREEF Real Estate Securities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0005160567417787523,
+  "alpha_t_5y": 0.04101430126286697,
+  "alpha_t_full": 0.18778441386005662,
+  "r2_5y": 0.9731939822941107,
+  "r2_full": 0.9754103989572456,
+  "corr_portfolio": 0.2349872403414556,
+  "corr_benchmark": 0.5646195970385683,
+  "alpha_pos_frac": 0.48249027237354086,
+  "fund_max_dd": -0.7373390595610532,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +1.02, iwm -0.06",
+  "ref_full": "vnq +1.03, agg -0.22, iwm -0.05, tlt +0.04, efa +0.03"
+ },
+ "rseax": {
+  "sym": "rseax",
+  "name": "U.S. Strategic Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.025117568758445726,
+  "alpha_t_5y": -2.0357504810785265,
+  "alpha_t_full": -1.5812134319626874,
+  "r2_5y": 0.9700596373236934,
+  "r2_full": 0.9553150422916712,
+  "corr_portfolio": 0.2747160915435948,
+  "corr_benchmark": 0.6073229497043684,
+  "alpha_pos_frac": 0.4876543209876543,
+  "fund_max_dd": -0.34365332104906987,
+  "first": "2012-08-10",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.83, iwm +0.10, qqq +0.05",
+  "ref_full": "ivv +0.83, iwm +0.11, qqq +0.04, vnq -0.02, vweax +0.06"
+ },
+ "rseix": {
+  "sym": "rseix",
+  "name": "Royce Small-Cap Special Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03537240305914912,
+  "alpha_t_5y": 1.0832802666255046,
+  "alpha_t_full": 1.3814257775508187,
+  "r2_5y": 0.7801543664813777,
+  "r2_full": 0.8611650852085375,
+  "corr_portfolio": 0.31448821921016257,
+  "corr_benchmark": 0.4465564714557482,
+  "alpha_pos_frac": 0.4823529411764706,
+  "fund_max_dd": -0.43212417306994444,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.61, qqq -0.38, ivv +0.51, gld -0.06",
+  "ref_full": "iwm +0.69, agg -0.12, qqq -0.16, ivv +0.20, gld -0.03, gsg -0.02"
+ },
+ "rsqax": {
+  "sym": "rsqax",
+  "name": "Equity Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.011017453420741114,
+  "alpha_t_5y": 0.6508404108616871,
+  "alpha_t_full": 0.47561745005413014,
+  "r2_5y": 0.9212071558588162,
+  "r2_full": 0.9552779972827008,
+  "corr_portfolio": 0.38271519676565846,
+  "corr_benchmark": 0.5474554338806844,
+  "alpha_pos_frac": 0.5047619047619047,
+  "fund_max_dd": -0.47988287704787036,
+  "first": "2008-09-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.19, qqq -0.54, iwm +0.12, efa +0.10, vnq +0.06",
+  "ref_full": "ivv +0.91, qqq -0.23, iwm +0.14, efa +0.11, tlt -0.04, vnq +0.03"
+ },
+ "rtdyx": {
+  "sym": "rtdyx",
+  "name": "Multifactor U.S. Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00017973645421082182,
+  "alpha_t_5y": 0.018291464395218556,
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+  "r2_5y": 0.9804617588207625,
+  "r2_full": 0.9723655154076208,
+  "corr_portfolio": 0.30100765120358636,
+  "corr_benchmark": 0.6066548604416244,
+  "alpha_pos_frac": 0.539568345323741,
+  "fund_max_dd": -0.3621933828419084,
+  "first": "2014-08-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.99, iwm +0.09, qqq -0.07, vnq -0.02",
+  "ref_full": "ivv +0.95, iwm +0.10, qqq -0.05, vnq -0.02"
+ },
+ "rthax": {
+  "sym": "rthax",
+  "name": "Tax-Exempt High Yield Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00691462547917447,
+  "alpha_t_5y": -0.398455228138847,
+  "alpha_t_full": 0.76591739422698,
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+  "r2_full": 0.27744263786569334,
+  "corr_portfolio": 0.06617165726326281,
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+  "alpha_pos_frac": 0.5968992248062015,
+  "fund_max_dd": -0.1887202424335751,
+  "first": "2015-06-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.21, vweax +0.43, ivv -0.09, vnq +0.03",
+  "ref_full": "vweax +0.36, agg +0.17, fxy +0.05, gsg -0.02, qqq -0.02, vnq +0.02"
+ },
+ "rtiyx": {
+  "sym": "rtiyx",
+  "name": "Multifactor International Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017735292093557706,
+  "alpha_t_5y": 1.2047161584610646,
+  "alpha_t_full": 0.21264534081779365,
+  "r2_5y": 0.9464838582293442,
+  "r2_full": 0.9353926508838253,
+  "corr_portfolio": 0.4133232703624738,
+  "corr_benchmark": 0.5176198189377608,
+  "alpha_pos_frac": 0.4748201438848921,
+  "fund_max_dd": -0.38057997174936475,
+  "first": "2014-08-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.45, fxe +0.15, vea +0.41, qqq -0.09, ivv +0.09, vweax +0.10",
+  "ref_full": "vea +0.48, qqq -0.07, vweax +0.19, efa +0.43, fxe +0.07, gsg +0.01"
+ },
+ "rtnax": {
+  "sym": "rtnax",
+  "name": "Tax-Managed International Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008401389066636546,
+  "alpha_t_5y": -0.46444312148865374,
+  "alpha_t_full": -0.8025070174720969,
+  "r2_5y": 0.9183236770963285,
+  "r2_full": 0.922375697994931,
+  "corr_portfolio": 0.3973499471047391,
+  "corr_benchmark": 0.5192215287077078,
+  "alpha_pos_frac": 0.4883720930232558,
+  "fund_max_dd": -0.38928527054038764,
+  "first": "2015-06-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.64, vwo +0.24, vweax +0.22, qqq -0.04, tlt -0.03, fxe +0.07",
+  "ref_full": "vea +0.71, vwo +0.19, vweax +0.28, qqq -0.05, vnq -0.02, tlt -0.02"
+ },
+ "rtrix": {
+  "sym": "rtrix",
+  "name": "Royce Small-Cap Total Return Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.019483763708025185,
+  "alpha_t_5y": 0.6343919387710217,
+  "alpha_t_full": 0.8161305867304681,
+  "r2_5y": 0.8709029398632978,
+  "r2_full": 0.9288021275740742,
+  "corr_portfolio": 0.3573449035149145,
+  "corr_benchmark": 0.4890801371728383,
+  "alpha_pos_frac": 0.49327354260089684,
+  "fund_max_dd": -0.542088392114485,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.72, qqq -0.57, ivv +0.81, gld -0.07, efa +0.38, vea -0.32",
+  "ref_full": "iwm +0.69, efa +0.05, qqq -0.31, ivv +0.47, gld -0.02, vweax +0.06"
+ },
+ "rtssx": {
+  "sym": "rtssx",
+  "name": "Tax-Managed U.S. Mid & Small Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.022129047416415432,
+  "alpha_t_5y": -1.2299252700922088,
+  "alpha_t_full": -0.5704145128756858,
+  "r2_5y": 0.9568134218507225,
+  "r2_full": 0.9419652349920449,
+  "corr_portfolio": 0.28233009025913663,
+  "corr_benchmark": 0.5348264973795547,
+  "alpha_pos_frac": 0.5022421524663677,
+  "fund_max_dd": -0.5797417307927,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.74, ivv +0.34, qqq -0.14, vea +0.08, gld -0.04",
+  "ref_full": "iwm +0.75, ivv +0.14, vnq +0.03, efa +0.03, vweax +0.07, tlt -0.02"
+ },
+ "rtxax": {
+  "sym": "rtxax",
+  "name": "Tax-Managed Real Assets Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015024183317563413,
+  "alpha_t_5y": -0.744367148293187,
+  "alpha_t_full": -0.11989505245543099,
+  "r2_5y": 0.9041073619831319,
+  "r2_full": 0.9361969117796806,
+  "corr_portfolio": 0.34985879855115104,
+  "corr_benchmark": 0.5781944172103002,
+  "alpha_pos_frac": 0.5125,
+  "fund_max_dd": -0.40679505748976275,
+  "first": "2019-06-19",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.42, vea +0.33, gsg +0.14, iwm +0.08, qqq -0.19, ivv +0.26",
+  "ref_full": "vnq +0.42, vea +0.36, gsg +0.12, iwm +0.07, qqq -0.19, ivv +0.26"
+ },
+ "rvpix": {
+  "sym": "rvpix",
+  "name": "Royce Smaller-Companies Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006461621685516449,
+  "alpha_t_5y": -0.17184251786237426,
+  "alpha_t_full": -1.9298902340336475,
+  "r2_5y": 0.8864821311336067,
+  "r2_full": 0.9058945299171336,
+  "corr_portfolio": 0.14144256632363947,
+  "corr_benchmark": 0.5621960365501284,
+  "alpha_pos_frac": 0.459915611814346,
+  "fund_max_dd": -0.588157633478885,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.98, qqq +0.63, ivv -0.66, vweax +0.27",
+  "ref_full": "iwm +0.84, qqq +0.32, vnq -0.07, gld +0.08, vweax +0.20, ivv -0.14"
+ },
+ "ryaix": {
+  "sym": "ryaix",
+  "name": "Inverse NASDAQ-100 Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007017459496303092,
+  "alpha_t_5y": -0.4513908383366885,
+  "alpha_t_full": 0.3856117832655785,
+  "r2_5y": 0.9742970836211464,
+  "r2_full": 0.9485891837423667,
+  "corr_portfolio": -0.14345208469683174,
+  "corr_benchmark": -0.6089802871991201,
+  "alpha_pos_frac": 0.32507739938080493,
+  "fund_max_dd": -0.9877620229826148,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq -1.01",
+  "ref_full": "qqq -1.01"
+ },
+ "ryavx": {
+  "sym": "ryavx",
+  "name": "S&P MidCap 400 Pure Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.023386283296665526,
+  "alpha_t_5y": 0.6371502020883199,
+  "alpha_t_full": 0.4464459235569999,
+  "r2_5y": 0.8425255680666377,
+  "r2_full": 0.8795346547478263,
+  "corr_portfolio": 0.35832085443134803,
+  "corr_benchmark": 0.46072986038888475,
+  "alpha_pos_frac": 0.4307692307692308,
+  "fund_max_dd": -0.7309084978670659,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.73, qqq -0.66, ivv +1.01, ief -0.39, vmbix +0.35",
+  "ref_full": "iwm +0.77, vnq +0.11, gsg +0.04, ief -0.14, qqq -0.37, ivv +0.56"
+ },
+ "ryawx": {
+  "sym": "ryawx",
+  "name": "S&P 500 Pure Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05106999675923073,
+  "alpha_t_5y": -1.3063600646227527,
+  "alpha_t_full": -1.600931392369437,
+  "r2_5y": 0.854694750464113,
+  "r2_full": 0.9149289077263538,
+  "corr_portfolio": 0.2153057360716118,
+  "corr_benchmark": 0.5952330639013447,
+  "alpha_pos_frac": 0.5282051282051282,
+  "fund_max_dd": -0.537508499950835,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.66, iwm +0.29, vea +1.00, efa -0.85, vmbix -0.20",
+  "ref_full": "ivv +0.43, qqq +0.42, iwm +0.23, djp +0.03, gld +0.02, vnq -0.02"
+ },
+ "ryazx": {
+  "sym": "ryazx",
+  "name": "S&P SmallCap 600 Pure Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.06423895785999183,
+  "alpha_t_5y": 1.5506448207119878,
+  "alpha_t_full": 0.4088459045997206,
+  "r2_5y": 0.8404034872213015,
+  "r2_full": 0.8611667057931678,
+  "corr_portfolio": 0.32527134668447655,
+  "corr_benchmark": 0.4274138034085911,
+  "alpha_pos_frac": 0.46551724137931033,
+  "fund_max_dd": -0.7821558787717104,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.03, qqq -0.66, ivv +0.69, gld -0.08, djp +0.07",
+  "ref_full": "iwm +1.22, qqq -0.27, vnq +0.11, ief -0.13, gsg +0.06, gld -0.07"
+ },
+ "rybhx": {
+  "sym": "rybhx",
+  "name": "S&P MidCap 400 Pure Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.036505210647164506,
+  "alpha_t_5y": -0.7161386048958183,
+  "alpha_t_full": -0.8695345377323621,
+  "r2_5y": 0.7569077255687736,
+  "r2_full": 0.8757854834840072,
+  "corr_portfolio": 0.24623365890269988,
+  "corr_benchmark": 0.5500983936399014,
+  "alpha_pos_frac": 0.452914798206278,
+  "fund_max_dd": -0.5215094426307954,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.67, qqq +0.24, vea +0.14",
+  "ref_full": "iwm +0.62, qqq +0.21, ivv +0.17, djp +0.05"
+ },
+ "rybix": {
+  "sym": "rybix",
+  "name": "Basic Materials Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04159947551624369,
+  "alpha_t_5y": -0.7950785653798059,
+  "alpha_t_full": -0.9786045355527926,
+  "r2_5y": 0.7178948973208841,
+  "r2_full": 0.8110564103343846,
+  "corr_portfolio": 0.3154888059401679,
+  "corr_benchmark": 0.4874474391597668,
+  "alpha_pos_frac": 0.4484304932735426,
+  "fund_max_dd": -0.6565762317059463,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.43, iwm +0.35, gld +0.35, ief -0.22, qqq -0.54, ivv +0.86",
+  "ref_full": "efa +0.22, iwm +0.35, gld +0.30, vwo +0.17, djp +0.15, ivv +0.23"
+ },
+ "rycix": {
+  "sym": "rycix",
+  "name": "Consumer Products Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.20363435140244127,
+  "alpha_t_5y": -1.583987625527389,
+  "alpha_t_full": -1.282777640913803,
+  "r2_5y": 0.07525218209524198,
+  "r2_full": 0.31492527067772624,
+  "corr_portfolio": 0.1674674490504737,
+  "corr_benchmark": 0.2633443175176476,
+  "alpha_pos_frac": 0.6186770428015564,
+  "fund_max_dd": -0.7521508251745724,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.13, ivv +1.01, qqq -0.53",
+  "ref_full": "ivv +0.95, qqq -0.31"
+ },
+ "rydhx": {
+  "sym": "rydhx",
+  "name": "Dow Jones Industrial Average Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0185408175467463,
+  "alpha_t_5y": -1.0371638530990062,
+  "alpha_t_full": -0.6022423799008951,
+  "r2_5y": 0.9163430004556551,
+  "r2_full": 0.9392628641006066,
+  "corr_portfolio": 0.33960340278126827,
+  "corr_benchmark": 0.5782618623419135,
+  "alpha_pos_frac": 0.5121951219512195,
+  "fund_max_dd": -0.3734071452875105,
+  "first": "2015-12-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.47, qqq -0.58, iwm +0.07, gsg -0.03, vnq -0.05, efa +0.04",
+  "ref_full": "ivv +1.44, qqq -0.47, vnq -0.03, efa +0.07, fxe -0.06, gsg -0.02"
+ },
+ "rydvx": {
+  "sym": "rydvx",
+  "name": "Royce Smid-Cap Total Return Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.020789718563539467,
+  "alpha_t_5y": 0.6837280851304258,
+  "alpha_t_full": 0.9619869800160823,
+  "r2_5y": 0.8540366807156887,
+  "r2_full": 0.920658959998583,
+  "corr_portfolio": 0.35390008751342444,
+  "corr_benchmark": 0.5340541353047111,
+  "alpha_pos_frac": 0.4860557768924303,
+  "fund_max_dd": -0.5334736927343766,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.50, efa +0.19, vwo -0.04, vnq -0.01, ivv +0.85, qqq -0.48",
+  "ref_full": "iwm +0.53, efa +0.12, ivv +0.46, qqq -0.22, vweax +0.13, vnq +0.03"
+ },
+ "ryeix": {
+  "sym": "ryeix",
+  "name": "Energy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.032889522702396444,
+  "alpha_t_5y": 0.5215550321398412,
+  "alpha_t_full": 0.244241178113824,
+  "r2_5y": 0.699041598968268,
+  "r2_full": 0.7659746408048886,
+  "corr_portfolio": 0.3368011644876891,
+  "corr_benchmark": 0.2900012745017753,
+  "alpha_pos_frac": 0.46382978723404256,
+  "fund_max_dd": -0.8300874775585978,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "gsg +0.64, iwm +0.53, qqq -0.90, ivv +1.34, vnq -0.18, ief -0.22",
+  "ref_full": "ivv +1.18, gsg +0.57, qqq -0.72, iwm +0.46, vnq -0.19, vwo +0.20"
+ },
+ "ryeux": {
+  "sym": "ryeux",
+  "name": "Europe 1.25x Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0027276415857331194,
+  "alpha_t_5y": -0.1029082233146648,
+  "alpha_t_full": -1.751690026995879,
+  "r2_5y": 0.9089930395517203,
+  "r2_full": 0.9381311079262336,
+  "corr_portfolio": 0.3521791290910052,
+  "corr_benchmark": 0.5142206398509397,
+  "alpha_pos_frac": 0.5112107623318386,
+  "fund_max_dd": -0.7550039513373907,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +1.87, vea -0.63, iwm -0.05, fxy -0.10, fxe +0.14",
+  "ref_full": "efa +1.22, fxe +0.21, fxy -0.11, vnq +0.04, gsg +0.03, vwo -0.04"
+ },
+ "ryfix": {
+  "sym": "ryfix",
+  "name": "Financial Services Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008459567997492434,
+  "alpha_t_5y": -0.32207806197099775,
+  "alpha_t_full": -0.37948502169836645,
+  "r2_5y": 0.8827989416825663,
+  "r2_full": 0.9207569155270378,
+  "corr_portfolio": 0.3726882686308296,
+  "corr_benchmark": 0.5049006383672743,
+  "alpha_pos_frac": 0.3735408560311284,
+  "fund_max_dd": -0.6446414605709037,
+  "first": "2009-11-24",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.24, vnq +0.19, ivv +1.31, qqq -0.65, ief -0.19, vweax +0.21",
+  "ref_full": "vnq +0.22, ivv +1.18, vmbix +0.23, qqq -0.55, iwm +0.25, ief -0.34"
+ },
+ "rygbx": {
+  "sym": "rygbx",
+  "name": "Government Long Bond 1.2x Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.12344761215735321,
+  "alpha_t_5y": -1.3603241245336677,
+  "alpha_t_full": -1.9113965707292795,
+  "r2_5y": 0.4340970434661301,
+  "r2_full": 0.7012612143775196,
+  "corr_portfolio": -0.17097221281463235,
+  "corr_benchmark": 0.4857418537145877,
+  "alpha_pos_frac": 0.8551236749116607,
+  "fund_max_dd": -0.8484525674397714,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "tlt +1.22",
+  "ref_full": "tlt +1.29"
+ },
+ "ryhdx": {
+  "sym": "ryhdx",
+  "name": "High Yield Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0062545796441978736,
+  "alpha_t_5y": -0.5637743897585465,
+  "alpha_t_full": -0.6391794639467909,
+  "r2_5y": 0.8776361403155553,
+  "r2_full": 0.5487990439166386,
+  "corr_portfolio": 0.18512632316184438,
+  "corr_benchmark": 0.6399074213619333,
+  "alpha_pos_frac": 0.5088495575221239,
+  "fund_max_dd": -0.23330458032819323,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.16, agg +1.03, vweax +0.32, tlt -0.17, iwm +0.05",
+  "ref_full": "ivv +0.38, agg +0.25, vweax +0.41, fxe +0.09, qqq -0.09, ief +0.15"
+ },
+ "ryhix": {
+  "sym": "ryhix",
+  "name": "Health Care Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010422607180268629,
+  "alpha_t_5y": -0.2525679244006685,
+  "alpha_t_full": 0.11223144823920479,
+  "r2_5y": 0.6234000064882842,
+  "r2_full": 0.7194504574099275,
+  "corr_portfolio": 0.2195172773444874,
+  "corr_benchmark": 0.5252888781521021,
+  "alpha_pos_frac": 0.5191489361702127,
+  "fund_max_dd": -0.4126983951437031,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.89, vnq +0.14, qqq -0.34, gsg -0.06, iwm +0.12, ief +0.15",
+  "ref_full": "ivv +0.71, iwm +0.17, vnq -0.06, gsg -0.04, agg +0.18, vwo -0.04"
+ },
+ "ryhrx": {
+  "sym": "ryhrx",
+  "name": "Real Estate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01447129097808171,
+  "alpha_t_5y": -1.3586566377060154,
+  "alpha_t_full": -2.7928455034124737,
+  "r2_5y": 0.9820749562892005,
+  "r2_full": 0.9818584152961864,
+  "corr_portfolio": 0.2599069449746933,
+  "corr_benchmark": 0.5811451535755506,
+  "alpha_pos_frac": 0.5725490196078431,
+  "fund_max_dd": -0.7449571430180212,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.93, iwm +0.11, qqq -0.03, gld -0.01",
+  "ref_full": "vnq +0.92, iwm +0.13, qqq -0.04, gsg +0.01, agg -0.09, tlt +0.03"
+ },
+ "ryidx": {
+  "sym": "ryidx",
+  "name": "Inverse Dow 2x Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007583363554706919,
+  "alpha_t_5y": -0.20785348173366183,
+  "alpha_t_full": -0.4326188567462884,
+  "r2_5y": 0.9125712406286995,
+  "r2_full": 0.8770688919879661,
+  "corr_portfolio": -0.3568752990730586,
+  "corr_benchmark": -0.5583246175624159,
+  "alpha_pos_frac": 0.40425531914893614,
+  "fund_max_dd": -0.9977647109135068,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv -2.99, qqq +1.16, iwm -0.15, gsg +0.07, vnq +0.09",
+  "ref_full": "ivv -2.35, qqq +0.54, djp +0.06, vnq +0.05, efa -0.13, fxe +0.13"
+ },
+ "ryiex": {
+  "sym": "ryiex",
+  "name": "Emerging Markets Bond Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.024295849654071663,
+  "alpha_t_5y": -1.3652475648063276,
+  "alpha_t_full": -2.293952414212062,
+  "r2_5y": 0.7816550063465861,
+  "r2_full": 0.6879820197718771,
+  "corr_portfolio": 0.14761560540438484,
+  "corr_benchmark": 0.7251045938969345,
+  "alpha_pos_frac": 0.4864864864864865,
+  "fund_max_dd": -0.31323032538819906,
+  "first": "2013-10-14",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.91, efa +0.28, vweax +0.30, ivv +0.09, vwo +0.05, vea -0.21",
+  "ref_full": "agg +0.89, vea +0.07, vweax +0.33, vwo +0.11, vnq +0.05, gsg +0.02"
+ },
+ "ryiix": {
+  "sym": "ryiix",
+  "name": "Internet Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0716301297585291,
+  "alpha_t_5y": -1.4661556562555134,
+  "alpha_t_full": -1.7829323203695127,
+  "r2_5y": 0.8152661524163476,
+  "r2_full": 0.8660526017175725,
+  "corr_portfolio": 0.05676830455644713,
+  "corr_benchmark": 0.5612776562905989,
+  "alpha_pos_frac": 0.5067264573991032,
+  "fund_max_dd": -0.9294117637373788,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.85, iwm +0.28, vwo +0.39, vea -1.53, efa +1.09, vweax +0.45",
+  "ref_full": "qqq +1.03, iwm +0.25, ivv -0.39, vwo +0.11, vweax +0.10"
+ },
+ "ryilx": {
+  "sym": "ryilx",
+  "name": "Inverse High Yield Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.023535320868312656,
+  "alpha_t_5y": -2.027131346438166,
+  "alpha_t_full": -1.422074674184187,
+  "r2_5y": 0.859259152202947,
+  "r2_full": 0.4565988778456692,
+  "corr_portfolio": -0.15955843994481447,
+  "corr_benchmark": -0.5923984568617205,
+  "alpha_pos_frac": 0.4690265486725664,
+  "fund_max_dd": -0.7720956244530393,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv -0.15, agg -1.02, vweax -0.28, tlt +0.16, iwm -0.05",
+  "ref_full": "ivv -0.28, agg -0.19, vweax -0.37, fxy -0.07, ief -0.39, tlt +0.11"
+ },
+ "ryipx": {
+  "sym": "ryipx",
+  "name": "Royce International Premier Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.08847195232062144,
+  "alpha_t_5y": -2.8405941824443017,
+  "alpha_t_full": -1.0712173204885058,
+  "r2_5y": 0.766678410484339,
+  "r2_full": 0.7988618651281896,
+  "corr_portfolio": 0.30479252192677375,
+  "corr_benchmark": 0.5273194268724494,
+  "alpha_pos_frac": 0.5604395604395604,
+  "fund_max_dd": -0.42142993453610167,
+  "first": "2011-01-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.24, vweax +0.52, fxe +0.29, qqq +0.08, fxy +0.10, efa +0.31",
+  "ref_full": "vea +0.53, vweax +0.53, fxe +0.23, fxy +0.11, qqq +0.05, vwo +0.03"
+ },
+ "ryiux": {
+  "sym": "ryiux",
+  "name": "Inverse Russell 2000 2x Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02459604572271559,
+  "alpha_t_5y": -1.3885241850123489,
+  "alpha_t_full": -2.0965925689381706,
+  "r2_5y": 0.9913153736601867,
+  "r2_full": 0.9899538206675546,
+  "corr_portfolio": -0.2554876338696516,
+  "corr_benchmark": -0.5427799551665344,
+  "alpha_pos_frac": 0.0759493670886076,
+  "fund_max_dd": -0.9993843930452287,
+  "first": "2009-11-24",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm -1.99",
+  "ref_full": "vmbix +0.15, iwm -1.99, agg -0.44, ief +0.24, ivv -0.04, vweax +0.07"
+ },
+ "ryjsx": {
+  "sym": "ryjsx",
+  "name": "Japan 2x Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0621289510638932,
+  "alpha_t_5y": -0.6776151404461234,
+  "alpha_t_full": -0.6660309744494108,
+  "r2_5y": 0.7366211551883094,
+  "r2_full": 0.737700246570335,
+  "corr_portfolio": 0.2875627431646096,
+  "corr_benchmark": 0.5088547154294694,
+  "alpha_pos_frac": 0.5046296296296297,
+  "fund_max_dd": -0.7840921297577559,
+  "first": "2008-02-22",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +2.29, qqq +0.80, vnq -0.25, fxe -0.97, fxy +0.41, ivv -0.80",
+  "ref_full": "vea +1.79, fxe -0.60, ief +0.52, qqq +0.26, vnq -0.16, gsg -0.09"
+ },
+ "ryjux": {
+  "sym": "ryjux",
+  "name": "Inverse Government Long Bond Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0007187557716958526,
+  "alpha_t_5y": -0.056228253840840035,
+  "alpha_t_full": -1.2057792043837745,
+  "r2_5y": 0.9645370146852464,
+  "r2_full": 0.9549598250689058,
+  "corr_portfolio": 0.20208840195214578,
+  "corr_benchmark": -0.6149898734328798,
+  "alpha_pos_frac": 0.3872832369942196,
+  "fund_max_dd": -0.8457711527599938,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "tlt -0.85, agg +0.29, vblix -0.33, efa +0.03",
+  "ref_full": "tlt -1.02, iwm +0.02, ief -0.19, agg +0.11, fxe -0.02"
+ },
+ "rykix": {
+  "sym": "rykix",
+  "name": "Banking Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017423626300656022,
+  "alpha_t_5y": 0.3249030089906629,
+  "alpha_t_full": 0.7851473907761225,
+  "r2_5y": 0.7443205804040616,
+  "r2_full": 0.7274027642637702,
+  "corr_portfolio": 0.38267717342243734,
+  "corr_benchmark": 0.3338619222694096,
+  "alpha_pos_frac": 0.4663677130044843,
+  "fund_max_dd": -0.6823780758027203,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.71, ief -0.40, qqq -0.98, ivv +1.37, gld -0.12, vea +0.17",
+  "ref_full": "iwm +0.62, vnq +0.19, tlt -0.17, qqq -0.84, ivv +1.26, gld -0.14"
+ },
+ "ryldx": {
+  "sym": "ryldx",
+  "name": "Dow 2x Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03130783317002654,
+  "alpha_t_5y": -0.8575878520620875,
+  "alpha_t_full": -0.2551621748476154,
+  "r2_5y": 0.912781648616106,
+  "r2_full": 0.9415969315644124,
+  "corr_portfolio": 0.35751826009469634,
+  "corr_benchmark": 0.5592049947159243,
+  "alpha_pos_frac": 0.4978723404255319,
+  "fund_max_dd": -0.821604104109909,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +3.02, qqq -1.17, iwm +0.14, gsg -0.07, vnq -0.09",
+  "ref_full": "ivv +2.38, qqq -0.55, vnq -0.05, gsg -0.04, efa +0.13, fxe -0.14"
+ },
+ "rylix": {
+  "sym": "rylix",
+  "name": "Leisure Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05787572611204895,
+  "alpha_t_5y": -1.414131035010217,
+  "alpha_t_full": -0.7773938190894969,
+  "r2_5y": 0.7569632650106483,
+  "r2_full": 0.8496290642631454,
+  "corr_portfolio": 0.23045275092025286,
+  "corr_benchmark": 0.5663101575817997,
+  "alpha_pos_frac": 0.5657370517928287,
+  "fund_max_dd": -0.6819680571477325,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.33, ivv +0.38, vwo +0.15, vnq +0.11, gld -0.08, vweax +0.24",
+  "ref_full": "ivv +0.48, iwm +0.34, vnq +0.08, vwo +0.07, gld -0.06, agg +0.13"
+ },
+ "rymbx": {
+  "sym": "rymbx",
+  "name": "Commodities Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.006091510110504883,
+  "alpha_t_5y": 0.16367296616165455,
+  "alpha_t_full": -0.49943324420529156,
+  "r2_5y": 0.8502742127299846,
+  "r2_full": 0.90834022476483,
+  "corr_portfolio": 0.2291732820433703,
+  "corr_benchmark": 0.08246757393810389,
+  "alpha_pos_frac": 0.5702127659574469,
+  "fund_max_dd": -0.9095439223481546,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "gsg +0.93",
+  "ref_full": "gsg +0.89, djp +0.09, agg -0.10, vweax +0.07"
+ },
+ "rymdx": {
+  "sym": "rymdx",
+  "name": "Mid-Cap 1.5x Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03174217913899084,
+  "alpha_t_5y": -1.0821552720806182,
+  "alpha_t_full": -0.8740711714650078,
+  "r2_5y": 0.9440318300989338,
+  "r2_full": 0.9565800741134765,
+  "corr_portfolio": 0.32280134827174517,
+  "corr_benchmark": 0.5623318923877406,
+  "alpha_pos_frac": 0.5381165919282511,
+  "fund_max_dd": -0.7543220573455245,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.88, ivv +0.86, qqq -0.38, vnq +0.08, vea +0.12, fxy -0.11",
+  "ref_full": "iwm +0.86, ivv +0.71, qqq -0.17, vnq +0.06, djp +0.05, vweax +0.13"
+ },
+ "rymfx": {
+  "sym": "rymfx",
+  "name": "Guggenheim Managed Futures Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06847074663605558,
+  "alpha_t_5y": -1.6982502621811961,
+  "alpha_t_full": -0.7335058449329084,
+  "r2_5y": 0.3517548500287778,
+  "r2_full": 0.07756433339960533,
+  "corr_portfolio": 0.23525317740277807,
+  "corr_benchmark": 0.07780897382137142,
+  "alpha_pos_frac": 0.47085201793721976,
+  "fund_max_dd": -0.36522050666552897,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "ief -0.56, vea +0.24, djp +0.12, fxe -0.32, gld +0.12, fxy -0.14",
+  "ref_full": "qqq +0.12, fxe -0.17, gld +0.08, agg -0.38, vnq -0.04, tlt +0.08"
+ },
+ "rymhx": {
+  "sym": "rymhx",
+  "name": "Inverse Mid-Cap Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.008715588776852409,
+  "alpha_t_5y": 0.15363792825175818,
+  "alpha_t_full": -0.5412553859551388,
+  "r2_5y": 0.6709069302157831,
+  "r2_full": 0.8740171154056187,
+  "corr_portfolio": -0.2905723379884204,
+  "corr_benchmark": -0.5245336023875748,
+  "alpha_pos_frac": 0.36742424242424243,
+  "fund_max_dd": -0.9509863550229379,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm -0.65, ivv -0.71, qqq +0.33",
+  "ref_full": "iwm -0.59, ivv -0.46, qqq +0.12, vnq -0.04, djp -0.04, agg -0.08"
+ },
+ "rymix": {
+  "sym": "rymix",
+  "name": "Telecommunications Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011710026197221291,
+  "alpha_t_5y": -0.262276642389329,
+  "alpha_t_full": -2.076363278551166,
+  "r2_5y": 0.6690201295050732,
+  "r2_full": 0.8145038678636484,
+  "corr_portfolio": 0.2732146889858176,
+  "corr_benchmark": 0.5403260862736543,
+  "alpha_pos_frac": 0.46048109965635736,
+  "fund_max_dd": -0.8781303742116715,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.49, iwm +0.31, vweax +0.22",
+  "ref_full": "ivv +0.33, iwm +0.20, vwo +0.07, efa +0.15, qqq +0.15, vnq +0.02"
+ },
+ "rymkx": {
+  "sym": "rymkx",
+  "name": "Russell 2000 1.5x Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.019941200667717644,
+  "alpha_t_5y": -1.6873237201259879,
+  "alpha_t_full": -1.913923014360108,
+  "r2_5y": 0.9931575975499544,
+  "r2_full": 0.9883334448088361,
+  "corr_portfolio": 0.255169331373576,
+  "corr_benchmark": 0.5446043287906834,
+  "alpha_pos_frac": 0.6006600660066007,
+  "fund_max_dd": -0.7756614584724202,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.50",
+  "ref_full": "iwm +1.48, vnq +0.03, qqq +0.02, vweax -0.06"
+ },
+ "rymsx": {
+  "sym": "rymsx",
+  "name": "Guggenheim Multi-Hedge Strategies Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": null,
+  "alpha_t_5y": NaN,
+  "alpha_t_full": -1.5645233921736843,
+  "r2_5y": NaN,
+  "r2_full": 0.4588554687869968,
+  "corr_portfolio": 0.34138123182351143,
+  "corr_benchmark": 0.3133183073019974,
+  "alpha_pos_frac": 0.5060975609756098,
+  "fund_max_dd": -0.295547106365326,
+  "first": "2007-06-04",
+  "verdict": "no 5y window",
+  "alpha_name": false,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "vwo +0.09, ivv +0.09, tlt +0.06, fxy -0.09, agg +0.11, vnq +0.02"
+ },
+ "rynvx": {
+  "sym": "rynvx",
+  "name": "Nova Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01881657610900278,
+  "alpha_t_5y": -2.36853832031769,
+  "alpha_t_full": -3.3459551006318784,
+  "r2_5y": 0.9943191081589378,
+  "r2_full": 0.9933387891845482,
+  "corr_portfolio": 0.28498562811044514,
+  "corr_benchmark": 0.617652003496684,
+  "alpha_pos_frac": 0.5501618122977346,
+  "fund_max_dd": -0.7653777333220104,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.47, qqq +0.02",
+  "ref_full": "ivv +1.45, vwo +0.01, vnq +0.01, qqq +0.03"
+ },
+ "ryocx": {
+  "sym": "ryocx",
+  "name": "NASDAQ-100 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01096847322081416,
+  "alpha_t_5y": -1.343658293175689,
+  "alpha_t_full": -1.8368314235381802,
+  "r2_5y": 0.9927770192138181,
+  "r2_full": 0.9904923781861276,
+  "corr_portfolio": 0.14597551062388175,
+  "corr_benchmark": 0.6113684084180029,
+  "alpha_pos_frac": 0.4520123839009288,
+  "fund_max_dd": -0.8374642638826186,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.01",
+  "ref_full": "qqq +0.98, vnq +0.01, ivv +0.03, vweax -0.04, gsg +0.01"
+ },
+ "ryoix": {
+  "sym": "ryoix",
+  "name": "Biotechnology Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.024869513038792278,
+  "alpha_t_5y": 0.3353635452816324,
+  "alpha_t_full": 0.7045580901779992,
+  "r2_5y": 0.43785780774495364,
+  "r2_full": 0.557627715703205,
+  "corr_portfolio": 0.10528910999963037,
+  "corr_benchmark": 0.4295160514937519,
+  "alpha_pos_frac": 0.45353159851301117,
+  "fund_max_dd": -0.7443486377779227,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.55, agg +0.37, qqq +0.13",
+  "ref_full": "iwm +0.55, qqq +0.36, vnq -0.09, agg +0.19, gsg -0.04"
+ },
+ "ryotx": {
+  "sym": "ryotx",
+  "name": "Royce Micro-Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.047512437953839484,
+  "alpha_t_5y": 1.6464095907337357,
+  "alpha_t_full": -0.7309798353702643,
+  "r2_5y": 0.9172711505749033,
+  "r2_full": 0.9155717454463126,
+  "corr_portfolio": 0.24814508679151426,
+  "corr_benchmark": 0.5126085826363931,
+  "alpha_pos_frac": 0.45739910313901344,
+  "fund_max_dd": -0.5685655843306591,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.03, vnq -0.17, vea +0.12",
+  "ref_full": "iwm +0.93, vnq -0.12, gld +0.08, vweax +0.23, fxe +0.10, djp +0.03"
+ },
+ "rypix": {
+  "sym": "rypix",
+  "name": "Transportation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.057659098509662374,
+  "alpha_t_5y": -1.276889257677466,
+  "alpha_t_full": -1.0982778238045514,
+  "r2_5y": 0.8111452915456665,
+  "r2_full": 0.8171682440499969,
+  "corr_portfolio": 0.25272060030799515,
+  "corr_benchmark": 0.5223228466872553,
+  "alpha_pos_frac": 0.5446808510638298,
+  "fund_max_dd": -0.6350754951500781,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.60, ivv +0.39, vwo +0.20, gld -0.08, vweax +0.24, gsg -0.04",
+  "ref_full": "iwm +0.60, ivv +0.40, gsg -0.07, vweax +0.26, ief -0.12, efa +0.06"
+ },
+ "rypmx": {
+  "sym": "rypmx",
+  "name": "Precious Metals Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.041014425524380345,
+  "alpha_t_5y": -0.47019019987860783,
+  "alpha_t_full": -1.1034916922705742,
+  "r2_5y": 0.7016921984059747,
+  "r2_full": 0.669830277176417,
+  "corr_portfolio": 0.05781558178393666,
+  "corr_benchmark": 0.3348108404820079,
+  "alpha_pos_frac": 0.4260089686098655,
+  "fund_max_dd": -0.8125402302294431,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "gld +1.37, vea +1.62, iwm +0.17, efa -1.09",
+  "ref_full": "gld +1.51, vwo +0.31, iwm +0.22, djp +0.12, fxe +0.20"
+ },
+ "rypnx": {
+  "sym": "rypnx",
+  "name": "Royce Small-Cap Opportunity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.12845630499128305,
+  "alpha_t_5y": 1.8140356180754418,
+  "alpha_t_full": 3.1901265787315833,
+  "r2_5y": 0.6914814558260913,
+  "r2_full": 0.7895849155367258,
+  "corr_portfolio": 0.27796828260420947,
+  "corr_benchmark": 0.428403744348809,
+  "alpha_pos_frac": 0.4349775784753363,
+  "fund_max_dd": -0.6262269196698758,
+  "first": "2007-06-04",
+  "verdict": "alpha in 5y window, but not persistent (lucky stretch?)",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.99, djp +0.09",
+  "ref_full": "iwm +1.04, djp +0.07, vweax +0.21, ief -0.14, qqq -0.06"
+ },
+ "ryrix": {
+  "sym": "ryrix",
+  "name": "Retailing Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.053364345096237734,
+  "alpha_t_5y": -1.169628279793111,
+  "alpha_t_full": -0.6845357169309375,
+  "r2_5y": 0.741416683408227,
+  "r2_full": 0.7812777343413397,
+  "corr_portfolio": 0.1822096063892944,
+  "corr_benchmark": 0.5571280387454024,
+  "alpha_pos_frac": 0.47533632286995514,
+  "fund_max_dd": -0.5826257551401757,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.55, iwm +0.37, djp -0.08, vwo +0.20, vnq +0.12, vea -0.18",
+  "ref_full": "ivv +0.32, iwm +0.34, qqq +0.23, gsg -0.06, vnq +0.05, gld -0.03"
+ },
+ "ryrrx": {
+  "sym": "ryrrx",
+  "name": "Russell 2000 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014130629890605217,
+  "alpha_t_5y": -1.5203719602665804,
+  "alpha_t_full": -2.4101657412151574,
+  "r2_5y": 0.9904425456386181,
+  "r2_full": 0.986097053452108,
+  "corr_portfolio": 0.25681968779650605,
+  "corr_benchmark": 0.5428638085140628,
+  "alpha_pos_frac": 0.4177215189873418,
+  "fund_max_dd": -0.6035576889579828,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.00",
+  "ref_full": "iwm +0.98, ivv +0.04, vnq +0.01, vweax -0.03"
+ },
+ "ryrux": {
+  "sym": "ryrux",
+  "name": "Russell 2000 2x Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.021504167932619736,
+  "alpha_t_5y": -1.1441026510771917,
+  "alpha_t_full": -1.5532469485637066,
+  "r2_5y": 0.9902221603747049,
+  "r2_full": 0.9862971380818543,
+  "corr_portfolio": 0.2562007727194706,
+  "corr_benchmark": 0.5417078682053206,
+  "alpha_pos_frac": 0.5316455696202531,
+  "fund_max_dd": -0.880635884801133,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.99",
+  "ref_full": "iwm +1.97, ivv +0.07, vnq +0.02, vweax -0.07"
+ },
+ "rysbx": {
+  "sym": "rysbx",
+  "name": "Strengthening Dollar 2x Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.029912666295975603,
+  "alpha_t_5y": -2.836322302416828,
+  "alpha_t_full": -2.385091251392638,
+  "r2_5y": 0.9675983158101178,
+  "r2_full": 0.9542665414053692,
+  "corr_portfolio": -0.0667983806177908,
+  "corr_benchmark": -0.2590452101251219,
+  "alpha_pos_frac": 0.4304932735426009,
+  "fund_max_dd": -0.43875900300063775,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "fxe -1.47, fxy -0.31, vea -0.17, djp -0.03, efa +0.10",
+  "ref_full": "fxe -1.47, fxy -0.30, efa -0.05, djp -0.03, gld -0.02, vweax -0.04"
+ },
+ "ryshx": {
+  "sym": "ryshx",
+  "name": "Inverse Russell 2000 Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.19969555173079973,
+  "alpha_t_5y": -1.4297905982605634,
+  "alpha_t_full": -1.5396774421700128,
+  "r2_5y": 0.3177755465626555,
+  "r2_full": 0.6557141433933703,
+  "corr_portfolio": -0.19579499771322045,
+  "corr_benchmark": -0.3922089873419153,
+  "alpha_pos_frac": 0.7537878787878788,
+  "fund_max_dd": -0.9914656054314909,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm -1.00",
+  "ref_full": "iwm -1.01"
+ },
+ "rysix": {
+  "sym": "rysix",
+  "name": "Electronics Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.10069527101726494,
+  "alpha_t_5y": 1.5205524314746297,
+  "alpha_t_full": -0.09957219492564524,
+  "r2_5y": 0.8278729211841404,
+  "r2_full": 0.7880473080889623,
+  "corr_portfolio": 0.12777787799977566,
+  "corr_benchmark": 0.5189507567787015,
+  "alpha_pos_frac": 0.5112107623318386,
+  "fund_max_dd": -0.8859843894711514,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.83, vwo +0.14, ivv -1.19, iwm +0.50, vnq -0.27, vea +0.24",
+  "ref_full": "qqq +1.21, iwm +0.46, vnq -0.13, ivv -0.43, vwo +0.11"
+ },
+ "rysox": {
+  "sym": "rysox",
+  "name": "S&P 500 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015823677779950966,
+  "alpha_t_5y": -2.5106545220489602,
+  "alpha_t_full": -3.276165060047344,
+  "r2_5y": 0.991945100498692,
+  "r2_full": 0.9903403980837633,
+  "corr_portfolio": 0.2852270368846363,
+  "corr_benchmark": 0.6157114044725359,
+  "alpha_pos_frac": 0.24472573839662448,
+  "fund_max_dd": -0.5523521074750886,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.00",
+  "ref_full": "ivv +0.96, vwo +0.01, qqq +0.02, vnq +0.01, ief -0.04, agg +0.04"
+ },
+ "rytix": {
+  "sym": "rytix",
+  "name": "Technology Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00571905125673092,
+  "alpha_t_5y": 0.21277405107780195,
+  "alpha_t_full": -1.5057116797073857,
+  "r2_5y": 0.9440680964607926,
+  "r2_full": 0.9373395992934892,
+  "corr_portfolio": 0.12741626128723035,
+  "corr_benchmark": 0.5930124581150699,
+  "alpha_pos_frac": 0.44621513944223107,
+  "fund_max_dd": -0.8399765714757991,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.19, iwm +0.24, ivv -0.34, vwo +0.08, vnq -0.07",
+  "ref_full": "qqq +0.90, iwm +0.20, vnq -0.06, vwo +0.05, gld +0.02"
+ },
+ "rytmx": {
+  "sym": "rytmx",
+  "name": "Inverse S&P 500 2x Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009710927012418094,
+  "alpha_t_5y": -0.92618275196002,
+  "alpha_t_full": 0.34809548226779635,
+  "r2_5y": 0.9943959028593259,
+  "r2_full": 0.9701356457762813,
+  "corr_portfolio": -0.284245892017383,
+  "corr_benchmark": -0.6162081652789874,
+  "alpha_pos_frac": 0.31007751937984496,
+  "fund_max_dd": -0.9987393425657819,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv -1.99",
+  "ref_full": "ivv -2.00"
+ },
+ "ryttx": {
+  "sym": "ryttx",
+  "name": "S&P 500 2x Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.026876601685442883,
+  "alpha_t_5y": -2.7812773840709664,
+  "alpha_t_full": -3.295331394080351,
+  "r2_5y": 0.9952544909930313,
+  "r2_full": 0.9920769034652821,
+  "corr_portfolio": 0.28470964445484487,
+  "corr_benchmark": 0.6163564050924916,
+  "alpha_pos_frac": 0.5465116279069767,
+  "fund_max_dd": -0.8491114515376746,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.96, qqq +0.03",
+  "ref_full": "ivv +1.94, vwo +0.02, qqq +0.04, vnq +0.01"
+ },
+ "ryuix": {
+  "sym": "ryuix",
+  "name": "Utilities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.022835488588274614,
+  "alpha_t_5y": 0.4514728958225532,
+  "alpha_t_full": 0.2304649120756107,
+  "r2_5y": 0.47251232851081526,
+  "r2_full": 0.5904340736803062,
+  "corr_portfolio": 0.2455620082943161,
+  "corr_benchmark": 0.4774540323000827,
+  "alpha_pos_frac": 0.5372549019607843,
+  "fund_max_dd": -0.6181295487564202,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.60, gld +0.08",
+  "ref_full": "ivv +1.15, qqq -0.48, agg +0.41, vnq +0.15, iwm -0.11, gld +0.06"
+ },
+ "ryurx": {
+  "sym": "ryurx",
+  "name": "Inverse S&P 500 Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005230302024292975,
+  "alpha_t_5y": -0.552631925435135,
+  "alpha_t_full": -1.4045966494766116,
+  "r2_5y": 0.9819869262425792,
+  "r2_full": 0.9883042754586097,
+  "corr_portfolio": -0.2826423000308707,
+  "corr_benchmark": -0.6154309285595081,
+  "alpha_pos_frac": 0.3851132686084142,
+  "fund_max_dd": -0.951569194491279,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv -1.00",
+  "ref_full": "ivv -0.97, vnq -0.01, qqq -0.02, vweax +0.03"
+ },
+ "ryvfx": {
+  "sym": "ryvfx",
+  "name": "Royce Small-Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.04322151815240718,
+  "alpha_t_5y": 1.4024793335349446,
+  "alpha_t_full": -0.127663995440681,
+  "r2_5y": 0.8726371627536549,
+  "r2_full": 0.8851151382322967,
+  "corr_portfolio": 0.32764867717673873,
+  "corr_benchmark": 0.4654626891664974,
+  "alpha_pos_frac": 0.5372549019607843,
+  "fund_max_dd": -0.57722285268165,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.85, qqq -0.46, ivv +0.62, gld -0.07, vnq -0.07",
+  "ref_full": "iwm +0.77, gsg +0.07, efa +0.10, qqq -0.23, ivv +0.34, vnq -0.06"
+ },
+ "ryvix": {
+  "sym": "ryvix",
+  "name": "Energy Services Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04707076761430666,
+  "alpha_t_5y": -0.5150296594410011,
+  "alpha_t_full": -0.7597448385574518,
+  "r2_5y": 0.6409086666289319,
+  "r2_full": 0.6926935983698377,
+  "corr_portfolio": 0.32025058229380876,
+  "corr_benchmark": 0.25508014740052865,
+  "alpha_pos_frac": 0.48936170212765956,
+  "fund_max_dd": -0.9405847807407028,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.93, gsg +0.70, agg -0.43, qqq -1.15, ivv +1.63, vnq -0.39",
+  "ref_full": "iwm +0.80, gsg +0.66, efa +0.23, qqq -0.74, vnq -0.26, ivv +1.00"
+ },
+ "ryvlx": {
+  "sym": "ryvlx",
+  "name": "NASDAQ-100(R) 2x Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.023218836448843826,
+  "alpha_t_5y": -1.5096129624620391,
+  "alpha_t_full": -2.069398683519272,
+  "r2_5y": 0.9935691578431325,
+  "r2_full": 0.991679062370437,
+  "corr_portfolio": 0.14647623538912158,
+  "corr_benchmark": 0.6089223251681237,
+  "alpha_pos_frac": 0.6124031007751938,
+  "fund_max_dd": -0.8326659277703485,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +2.01",
+  "ref_full": "qqq +1.96, ivv +0.08, vweax -0.06"
+ },
+ "ryvtx": {
+  "sym": "ryvtx",
+  "name": "Inverse NASDAQ-100(R) 2x Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015833136820359257,
+  "alpha_t_5y": -1.0126109306875366,
+  "alpha_t_full": -1.0337411644282772,
+  "r2_5y": 0.9933619532651766,
+  "r2_full": 0.42111846164374245,
+  "corr_portfolio": -0.14654220268983334,
+  "corr_benchmark": -0.6093664287508418,
+  "alpha_pos_frac": 0.9534883720930233,
+  "fund_max_dd": -20.461748748681938,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq -2.01",
+  "ref_full": "qqq -2.01"
+ },
+ "rywax": {
+  "sym": "rywax",
+  "name": "S&P SmallCap 600 Pure Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02664079882818031,
+  "alpha_t_5y": -0.6603920146676777,
+  "alpha_t_full": -0.9602411016028709,
+  "r2_5y": 0.8422837041679674,
+  "r2_full": 0.9194328353825358,
+  "corr_portfolio": 0.25610757581323246,
+  "corr_benchmark": 0.5222841416611613,
+  "alpha_pos_frac": 0.2593984962406015,
+  "fund_max_dd": -0.6021070131690186,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.92, qqq +0.08",
+  "ref_full": "iwm +0.97, qqq +0.09, vwo -0.04, vnq -0.02"
+ },
+ "rywbx": {
+  "sym": "rywbx",
+  "name": "Weakening Dollar 2x Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010356880381388843,
+  "alpha_t_5y": -1.0880396166723054,
+  "alpha_t_full": -2.4960851486829805,
+  "r2_5y": 0.9738182389543523,
+  "r2_full": 0.961323395186794,
+  "corr_portfolio": 0.06903658353343442,
+  "corr_benchmark": 0.2611292020874013,
+  "alpha_pos_frac": 0.48205128205128206,
+  "fund_max_dd": -0.7159533173212387,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "fxe +1.47, fxy +0.30, vea +0.07, djp +0.03, vmbix +0.10, tlt -0.02",
+  "ref_full": "fxe +1.47, fxy +0.30, efa +0.06, djp +0.03, vweax +0.06, gld +0.02"
+ },
+ "rywtx": {
+  "sym": "rywtx",
+  "name": "Emerging Markets 2x Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.08409705663383106,
+  "alpha_t_5y": -1.1211861084747872,
+  "alpha_t_full": -1.5735973376244257,
+  "r2_5y": 0.8656580388693202,
+  "r2_full": 0.8790268229903306,
+  "corr_portfolio": 0.20977572793784346,
+  "corr_benchmark": 0.46225074910808533,
+  "alpha_pos_frac": 0.4945652173913043,
+  "fund_max_dd": -0.784694813616017,
+  "first": "2010-11-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +2.50, qqq +0.39, vea -1.10, gsg +0.10, efa +0.69",
+  "ref_full": "vwo +1.85, qqq +0.56, vnq -0.12, iwm +0.18, ivv -0.45, djp +0.07"
+ },
+ "rywwx": {
+  "sym": "rywwx",
+  "name": "Inverse Emerging Markets 2x Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.013126261740859959,
+  "alpha_t_5y": 0.1749204832569638,
+  "alpha_t_full": 0.08469365515292239,
+  "r2_5y": 0.8651684635014754,
+  "r2_full": 0.8783267926973398,
+  "corr_portfolio": -0.21040111796011587,
+  "corr_benchmark": -0.4616277350166514,
+  "alpha_pos_frac": 0.5108695652173914,
+  "fund_max_dd": -0.9812334102518688,
+  "first": "2010-11-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo -2.49, qqq -0.35, vea +1.28, gsg -0.10, efa -0.81, iwm -0.11",
+  "ref_full": "vwo -1.85, qqq -0.56, ivv +0.45, iwm -0.18, vnq +0.12, djp -0.07"
+ },
+ "ryzax": {
+  "sym": "ryzax",
+  "name": "S&P 500 Pure Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.019668825618369305,
+  "alpha_t_5y": 0.6085062197000843,
+  "alpha_t_full": 0.9313963724521809,
+  "r2_5y": 0.8159852214348207,
+  "r2_full": 0.883148773646683,
+  "corr_portfolio": 0.4226849604598691,
+  "corr_benchmark": 0.4364708764565696,
+  "alpha_pos_frac": 0.33617021276595743,
+  "fund_max_dd": -0.6981828851492073,
+  "first": "2009-11-24",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.39, vnq +0.04, ief -0.14, qqq -0.93, ivv +1.48, gsg +0.05",
+  "ref_full": "iwm +0.40, vnq -0.00, ivv +1.44, qqq -0.79, vmbix -0.15, gsg +0.06"
+ },
+ "saaax": {
+  "sym": "saaax",
+  "name": "SIMT MULTI-ASSET ACCUMULATION FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02856754852950641,
+  "alpha_t_5y": -1.736990508983914,
+  "alpha_t_full": -0.4516968762684329,
+  "r2_5y": 0.8355695856533434,
+  "r2_full": 0.783586839616806,
+  "corr_portfolio": 0.23065879638217016,
+  "corr_benchmark": 0.7653569130134127,
+  "alpha_pos_frac": 0.5748502994011976,
+  "fund_max_dd": -0.2548877641163424,
+  "first": "2012-04-10",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.17, ief +0.66, djp +0.15, ivv +0.15, fxe -0.17, vwo +0.07",
+  "ref_full": "vea +0.14, ief +0.72, djp +0.15, ivv +0.13, fxe -0.14, vwo +0.07"
+ },
+ "safex": {
+  "sym": "safex",
+  "name": "Ultra Short Government Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0019322202029165272,
+  "alpha_t_5y": -0.4614431833874669,
+  "alpha_t_full": -0.20735792795405927,
+  "r2_5y": 0.18214770723209273,
+  "r2_full": 0.12845643716030297,
+  "corr_portfolio": 0.03968032167838505,
+  "corr_benchmark": 0.005881244057398238,
+  "alpha_pos_frac": 0.5833333333333334,
+  "fund_max_dd": -0.002988005703608021,
+  "first": "2020-02-27",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.13, vea -0.02, vmbix -0.03",
+  "ref_full": "vweax +0.08, vea -0.01, agg -0.04, ief +0.03"
+ },
+ "sagwx": {
+  "sym": "sagwx",
+  "name": "Touchstone Small Company Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017866498035860132,
+  "alpha_t_5y": 0.7133473035732792,
+  "alpha_t_full": 1.1595892797469871,
+  "r2_5y": 0.9068550379164706,
+  "r2_full": 0.9381801522099281,
+  "corr_portfolio": 0.28916407505635383,
+  "corr_benchmark": 0.5336974843525263,
+  "alpha_pos_frac": 0.4745098039215686,
+  "fund_max_dd": -0.5187331827150172,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.64, ivv +0.48, qqq -0.21, gld -0.06, vnq +0.07",
+  "ref_full": "iwm +0.70, ivv +0.26, qqq -0.07, gld -0.03, vweax +0.10"
+ },
+ "saoox": {
+  "sym": "saoox",
+  "name": "Overlay A Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0954161301598164,
+  "alpha_t_5y": -1.6489985559967342,
+  "alpha_t_full": -1.6489985559967342,
+  "r2_5y": 0.46747078069480963,
+  "r2_full": 0.46747078069480963,
+  "corr_portfolio": 0.0798294688842596,
+  "corr_benchmark": 0.5358334616788315,
+  "alpha_pos_frac": 0.6724137931034483,
+  "fund_max_dd": -0.38152199778997586,
+  "first": "2021-04-30",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.37, vea +0.24, ief +0.28, iwm +0.12",
+  "ref_full": "ivv +0.37, vea +0.24, ief +0.28, iwm +0.12"
+ },
+ "satox": {
+  "sym": "satox",
+  "name": "Tax-Aware Overlay A Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0980142268090896,
+  "alpha_t_5y": -1.898308227232397,
+  "alpha_t_full": -1.898308227232397,
+  "r2_5y": 0.4883922957932221,
+  "r2_full": 0.4883922957932221,
+  "corr_portfolio": 0.08066742482730875,
+  "corr_benchmark": 0.5478688517083871,
+  "alpha_pos_frac": 0.603448275862069,
+  "fund_max_dd": -0.3342904905065387,
+  "first": "2021-04-30",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.42, vea +0.29, ief +0.24",
+  "ref_full": "ivv +0.42, vea +0.29, ief +0.24"
+ },
+ "sbhex": {
+  "sym": "sbhex",
+  "name": "Segall Bryant & Hamill Emerging Markets Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0356169508401017,
+  "alpha_t_5y": 1.4450986007220774,
+  "alpha_t_full": 0.7387199979726522,
+  "r2_5y": 0.8793051576955213,
+  "r2_full": 0.8736500875466315,
+  "corr_portfolio": 0.3107619684458237,
+  "corr_benchmark": 0.4755648653479824,
+  "alpha_pos_frac": 0.5725806451612904,
+  "fund_max_dd": -0.41432306218907733,
+  "first": "2015-11-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.66, vea +1.75, efa -1.53, vnq -0.09, fxy -0.06, qqq +0.04",
+  "ref_full": "vwo +0.63, vea +1.45, efa -1.28, vnq -0.07, vweax +0.17, qqq +0.05"
+ },
+ "sboox": {
+  "sym": "sboox",
+  "name": "Overlay B Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03739162851128726,
+  "alpha_t_5y": -2.28227189176887,
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+  "alpha_pos_frac": 0.5689655172413793,
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+  "first": "2021-04-30",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.08, agg +0.08, ivv +0.12, ief +0.39, iwm +0.04, vwo +0.04",
+  "ref_full": "vea +0.08, agg +0.08, ivv +0.12, ief +0.39, iwm +0.04, vwo +0.04"
+ },
+ "sbstx": {
+  "sym": "sbstx",
+  "name": "Western Asset Short-Term Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007777983882424524,
+  "alpha_t_5y": -0.9428712063803404,
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+  "r2_full": 0.37729241052652895,
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+  "corr_benchmark": 0.34813773294134465,
+  "alpha_pos_frac": 0.5260115606936416,
+  "fund_max_dd": -0.16297122155005683,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.34, tlt -0.28, vblix +0.26",
+  "ref_full": "agg +0.06, vweax +0.18, ief +0.29, tlt -0.08, qqq -0.01"
+ },
+ "sbtox": {
+  "sym": "sbtox",
+  "name": "Tax-Aware Overlay B Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "r2_5y": 0.6210759240608577,
+  "r2_full": 0.6210759240608577,
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+  "corr_benchmark": 0.6450376822337014,
+  "alpha_pos_frac": 0.4827586206896552,
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+  "first": "2021-04-30",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.17, agg +0.19, vea +0.08, vwo +0.04",
+  "ref_full": "ivv +0.17, agg +0.19, vea +0.08, vwo +0.04"
+ },
+ "scaux": {
+  "sym": "scaux",
+  "name": "Invesco Income Advantage U.S. Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.011887233569018652,
+  "alpha_t_5y": -1.0020528882000301,
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+  "r2_5y": 0.9530567711805875,
+  "r2_full": 0.9343219624255404,
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+  "corr_benchmark": 0.5970827105804588,
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+  "fund_max_dd": -0.5455858253616876,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.90, qqq -0.13, fxe -0.08, vea +0.05",
+  "ref_full": "ivv +0.83, vnq +0.06, vwo +0.06, qqq -0.07, iwm +0.04, vweax -0.08"
+ },
+ "scavx": {
+  "sym": "scavx",
+  "name": "AB Small Cap Value Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005048736547052695,
+  "alpha_t_5y": 0.1792969779622921,
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+  "r2_5y": 0.9085765790109849,
+  "r2_full": 0.9260199151725126,
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+  "corr_benchmark": 0.4807745261427445,
+  "alpha_pos_frac": 0.4222222222222222,
+  "fund_max_dd": -0.4924910825424281,
+  "first": "2014-12-08",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.84, qqq -0.58, ivv +0.77, gld -0.06, ief -0.09, vea +0.07",
+  "ref_full": "iwm +0.89, qqq -0.50, ivv +0.60, gld -0.07, gsg +0.03, vea +0.06"
+ },
+ "scfzx": {
+  "sym": "scfzx",
+  "name": "PGIM Securitized Credit Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.022081326153688813,
+  "alpha_t_5y": 3.532608360560146,
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+  "r2_5y": 0.33997593391947045,
+  "r2_full": 0.2961009340087707,
+  "corr_portfolio": 0.15922289408319823,
+  "corr_benchmark": -0.009867175414066393,
+  "alpha_pos_frac": 0.675,
+  "fund_max_dd": -0.1720351345307467,
+  "first": "2019-07-02",
+  "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.10, vmbix -0.05, vea -0.02, vblix +0.35, tlt -0.23, agg -0.13",
+  "ref_full": "vweax +0.23, agg -0.24, vblix +0.23, vea -0.03, tlt -0.12"
+ },
+ "scjax": {
+  "sym": "scjax",
+  "name": "Steward Covered Call Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002883293177774984,
+  "alpha_t_5y": -0.04691468225811697,
+  "alpha_t_full": -0.5004653566052938,
+  "r2_5y": 0.4016264011097671,
+  "r2_full": 0.5935406301830435,
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+  "corr_benchmark": 0.5047417064732694,
+  "alpha_pos_frac": 0.5510204081632653,
+  "fund_max_dd": -0.3318972171721004,
+  "first": "2017-12-20",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.72",
+  "ref_full": "ivv +0.76, fxe -0.12"
+ },
+ "sclax": {
+  "sym": "sclax",
+  "name": "SIMT MULTI-ASSET CAPITAL STABILITY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005039341166401543,
+  "alpha_t_5y": -0.9218187542871296,
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+  "r2_5y": 0.7617777988682018,
+  "r2_full": 0.694230139740796,
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+  "corr_benchmark": 0.7383758012221079,
+  "alpha_pos_frac": 0.4491017964071856,
+  "fund_max_dd": -0.0559295399725781,
+  "first": "2012-04-10",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.17, agg -0.04, ivv +0.04, efa -0.11, ief +0.15, iwm +0.02",
+  "ref_full": "vea +0.06, ief +0.20, ivv +0.01, iwm +0.02, vmbix -0.07, qqq +0.02"
+ },
+ "scoax": {
+  "sym": "scoax",
+  "name": "SIIT CORE FIXED INCOME",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0016100515871870593,
+  "alpha_t_5y": -0.3453460531716475,
+  "alpha_t_full": -2.0695524376608625,
+  "r2_5y": 0.9675347552609728,
+  "r2_full": 0.8031456356852053,
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+  "corr_benchmark": 0.7094615663714977,
+  "alpha_pos_frac": 0.6763005780346821,
+  "fund_max_dd": -0.1940103835188398,
+  "first": "2007-09-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.02, vweax +0.07, ief +0.41, vblix +0.33, tlt -0.17, vmbix +0.22",
+  "ref_full": "ief +0.38, vweax +0.22, agg +0.18, vnq +0.01, tlt +0.04, fxy +0.02"
+ },
+ "scorx": {
+  "sym": "scorx",
+  "name": "Saturna Core Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011904989248123811,
+  "alpha_t_5y": -0.9978082719236923,
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+  "alpha_pos_frac": 0.5112107623318386,
+  "fund_max_dd": -0.3277125836936998,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.47, vea +0.39, ief +0.19, gld +0.04, qqq -0.09, efa -0.23",
+  "ref_full": "ivv +0.37, efa +0.12, ief +0.17, gld +0.03, vweax +0.08, iwm +0.02"
+ },
+ "scpax": {
+  "sym": "scpax",
+  "name": "SIIT LARGE CAP DISCIPLINED EQUITY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.012022620828729038,
+  "alpha_t_5y": 1.3055687114090746,
+  "alpha_t_full": -1.43779975645413,
+  "r2_5y": 0.981053271720228,
+  "r2_full": 0.9517729019068256,
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+  "corr_benchmark": 0.5921119462278053,
+  "alpha_pos_frac": 0.6036036036036037,
+  "fund_max_dd": -0.6171987331183295,
+  "first": "2007-09-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.05, qqq -0.15, iwm +0.05, efa +0.04, fxy -0.02",
+  "ref_full": "ivv +0.90, efa +0.06, iwm +0.05, qqq -0.04, vweax +0.07, fxy -0.03"
+ },
+ "scrsx": {
+  "sym": "scrsx",
+  "name": "Small Cap Core Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0022834701488048995,
+  "alpha_t_5y": 0.1445308305133001,
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+  "r2_5y": 0.9715415492837141,
+  "r2_full": 0.9753007327595673,
+  "corr_portfolio": 0.28972332925909167,
+  "corr_benchmark": 0.5616813305401663,
+  "alpha_pos_frac": 0.4672131147540984,
+  "fund_max_dd": -0.4506531933813409,
+  "first": "2015-12-30",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.91, ivv +0.38, qqq -0.20, vnq -0.04, gld -0.02",
+  "ref_full": "iwm +0.92, ivv +0.24, qqq -0.12, fxy -0.04"
+ },
+ "scvax": {
+  "sym": "scvax",
+  "name": "Allspring Small Company Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01625543943789464,
+  "alpha_t_5y": 0.6571453600910675,
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+  "corr_benchmark": 0.47384643534690585,
+  "alpha_pos_frac": 0.4473684210526316,
+  "fund_max_dd": -0.7029677540153072,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.83, qqq -0.54, ivv +0.73, fxy -0.05, gsg +0.03, gld -0.03",
+  "ref_full": "iwm +0.90, vnq +0.11, qqq -0.25, ivv +0.26, tlt -0.07, gsg +0.02"
+ },
+ "scvex": {
+  "sym": "scvex",
+  "name": "Hartford Schroders International Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009205569816993144,
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+  "r2_full": 0.9201530034545002,
+  "corr_portfolio": 0.32273250464421954,
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+  "alpha_pos_frac": 0.5147679324894515,
+  "fund_max_dd": -0.6033289267463622,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.72, vwo +0.18, qqq +0.09, gld -0.03, fxe +0.08",
+  "ref_full": "efa +0.69, vwo +0.11, vweax +0.29, qqq +0.08, vnq -0.03, fxe +0.07"
+ },
+ "sdgax": {
+  "sym": "sdgax",
+  "name": "DWS Capital Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04789440744509283,
+  "alpha_t_5y": -2.6330369323437868,
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+  "r2_5y": 0.9573746991060444,
+  "r2_full": 0.9588363337512774,
+  "corr_portfolio": 0.15446765288205425,
+  "corr_benchmark": 0.6272434138941436,
+  "alpha_pos_frac": 0.5246636771300448,
+  "fund_max_dd": -0.4619926808964686,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.59, ivv +0.50, vea -0.09, djp -0.03, fxe +0.07",
+  "ref_full": "qqq +0.46, ivv +0.60, vnq -0.05, gld +0.02, vwo -0.02, agg +0.06"
+ },
+ "sdhax": {
+  "sym": "sdhax",
+  "name": "Lord Abbett Short Duration High Income Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010539896945826886,
+  "alpha_t_5y": -1.1933112518992663,
+  "alpha_t_full": -0.15744914287640882,
+  "r2_5y": 0.3723977497187121,
+  "r2_full": 0.40687492769026,
+  "corr_portfolio": 0.11826372356936564,
+  "corr_benchmark": 0.27763701965404014,
+  "alpha_pos_frac": 0.6046511627906976,
+  "fund_max_dd": -0.12918420475303727,
+  "first": "2015-06-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.24, ivv -0.05, vblix +0.24, tlt -0.16, vnq +0.01",
+  "ref_full": "vweax +0.16, vblix +0.34, tlt -0.24, vea -0.03, agg +0.18, ief -0.10"
+ },
+ "sdlax": {
+  "sym": "sdlax",
+  "name": "SIIT Dynamic Asset Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011722898383578515,
+  "alpha_t_5y": -1.210332034367617,
+  "alpha_t_full": -0.32649492852291107,
+  "r2_5y": 0.9821521923066487,
+  "r2_full": 0.8990521800355147,
+  "corr_portfolio": 0.29988360817414167,
+  "corr_benchmark": 0.580616782410957,
+  "alpha_pos_frac": 0.47058823529411764,
+  "fund_max_dd": -0.32417079996337494,
+  "first": "2010-08-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.01, tlt -0.10, djp +0.03, vmbix +0.13, gld +0.03, fxe -0.04",
+  "ref_full": "ivv +0.81, fxe -0.15, vweax +0.21, qqq +0.06, gld +0.02"
+ },
+ "sdmax": {
+  "sym": "sdmax",
+  "name": "PGIM Short Duration Multi-Sector Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002414080004866458,
+  "alpha_t_5y": -0.3518130391763207,
+  "alpha_t_full": 0.5135687381362967,
+  "r2_5y": 0.5376392205642975,
+  "r2_full": 0.5802742999381605,
+  "corr_portfolio": 0.12595435359044413,
+  "corr_benchmark": 0.4339475834259802,
+  "alpha_pos_frac": 0.4794520547945205,
+  "fund_max_dd": -0.0989686278716837,
+  "first": "2013-12-26",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg -0.03, vweax +0.13, ief +0.22, tlt -0.24, vblix +0.27, ivv -0.02",
+  "ref_full": "vweax +0.17, ief +0.14, qqq -0.01, fxy +0.02, tlt -0.19, vblix +0.24"
+ },
+ "sdsax": {
+  "sym": "sdsax",
+  "name": "Western Asset Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002851339924086007,
+  "alpha_t_5y": -0.27523412966580035,
+  "alpha_t_full": -0.34680445728653264,
+  "r2_5y": 0.7003304418692127,
+  "r2_full": 0.6770173340332138,
+  "corr_portfolio": 0.2146807270098967,
+  "corr_benchmark": 0.488790835044518,
+  "alpha_pos_frac": 0.6011560693641619,
+  "fund_max_dd": -0.2722467319438354,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.38, ief +0.09, vblix +0.40, tlt -0.27, vmbix +0.09",
+  "ref_full": "vweax +0.68, ief +0.20, agg +0.09, vwo +0.02, qqq -0.02"
+ },
+ "sdscx": {
+  "sym": "sdscx",
+  "name": "BNY Mellon Small/Mid Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.09463500434223975,
+  "alpha_t_5y": -2.340688202296248,
+  "alpha_t_full": -1.120689305019058,
+  "r2_5y": 0.851100958030443,
+  "r2_full": 0.8743004297358694,
+  "corr_portfolio": 0.09931337202700996,
+  "corr_benchmark": 0.5726837242541749,
+  "alpha_pos_frac": 0.5175097276264592,
+  "fund_max_dd": -0.9409694069137917,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.78, qqq +0.77, ivv -0.72, vnq +0.11",
+  "ref_full": "iwm +0.65, qqq +0.47, vnq -0.06, agg +0.17, ivv -0.11, gld +0.03"
+ },
+ "sdyax": {
+  "sym": "sdyax",
+  "name": "SIMT Dynamic Asset Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_t_5y": -1.977314404402312,
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+  "first": "2015-08-06",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.00, tlt -0.10, djp +0.03, gld +0.03, vmbix +0.12, fxe -0.05",
+  "ref_full": "ivv +0.93, vweax +0.24, vblix -0.20, djp +0.03, tlt +0.11"
+ },
+ "seacx": {
+  "sym": "seacx",
+  "name": "Steward Select Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00803870479778068,
+  "alpha_t_5y": -1.3388776429507272,
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+  "r2_full": 0.7962170140704442,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.21, ief +0.37, vweax +0.05, vblix +0.19, tlt -0.13",
+  "ref_full": "ief +0.38, vweax +0.11, ivv +0.01, agg +0.09, fxy +0.02, vnq +0.01"
+ },
+ "sebfx": {
+  "sym": "sebfx",
+  "name": "Saturna Global Sustainable Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "first": "2015-03-30",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.10, fxe +0.16, vwo +0.05, vweax +0.15, gld +0.02, ief +0.14",
+  "ref_full": "agg +0.10, fxe +0.13, vweax +0.17, vwo +0.04, ief +0.18, gld +0.02"
+ },
+ "seblx": {
+  "sym": "seblx",
+  "name": "Touchstone Balanced Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013663811092709699,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.60, agg +0.29, vweax +0.10",
+  "ref_full": "ivv +0.59, agg +0.09, efa +0.05, ief +0.10, vweax +0.04, vnq -0.01"
+ },
+ "secax": {
+  "sym": "secax",
+  "name": "SIIT Small Cap II Fund",
+  "bucket": "all",
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+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.84, ief -0.07, efa +0.03, qqq -0.25, ivv +0.43, vnq -0.05",
+  "ref_full": "iwm +0.89, ief +0.01, vweax +0.17, efa +0.05, gld -0.03, vmbix -0.20"
+ },
+ "secex": {
+  "sym": "secex",
+  "name": "NAA LARGE CORE FUND",
+  "bucket": "all",
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.89, vea +0.40, efa -0.34, qqq +0.06, vwo -0.03, vmbix +0.04",
+  "ref_full": "ivv +0.85, qqq +0.08, iwm +0.06, djp +0.02, vwo -0.02, tlt -0.01"
+ },
+ "secpx": {
+  "sym": "secpx",
+  "name": "SDIT ULTRA SHORT DURATION BOND FUND",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.0003332085614124667,
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.07, ivv -0.01, ief +0.09, tlt -0.16, vblix +0.17, efa -0.01",
+  "ref_full": "vweax +0.12, ief +0.08, tlt -0.03, iwm -0.01, vnq +0.00, fxy +0.01"
+ },
+ "sedax": {
+  "sym": "sedax",
+  "name": "SIIT EMERGING MARKETS DEBT FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017582821897122864,
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+  "first": "2007-09-05",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.65, fxe +0.21, vwo +0.12, qqq -0.06, vblix +0.06, gsg -0.02",
+  "ref_full": "vweax +0.70, vwo +0.11, qqq -0.06, agg +0.16, fxe +0.09"
+ },
+ "seekx": {
+  "sym": "seekx",
+  "name": "Steward Values Enhanced Large Cap Fund",
+  "bucket": "all",
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.00",
+  "ref_full": "ivv +0.90, iwm +0.13"
+ },
+ "sefix": {
+  "sym": "sefix",
+  "name": "SIT INTERNATIONAL FIXED INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01915035957027798,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.20, vweax +0.20, fxe -0.08, fxy +0.04, gsg -0.01",
+  "ref_full": "agg +0.08, ief +0.14, vweax +0.10, vnq +0.01, fxe -0.04, gld +0.01"
+ },
+ "segmx": {
+  "sym": "segmx",
+  "name": "SDIT GNMA FUND",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.004643178966655565,
+  "alpha_t_5y": -0.7133376225738223,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
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+  "ref_full": "ief +0.51, vweax +0.11, agg +0.15, tlt -0.06, vnq +0.01, efa +0.01"
+ },
+ "sehax": {
+  "sym": "sehax",
+  "name": "SIIT U.S. Equity Factor Allocation Fund",
+  "bucket": "all",
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+  "alpha_pos_frac": 0.425531914893617,
+  "fund_max_dd": -0.3492586443500323,
+  "first": "2018-04-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.00, iwm +0.15, qqq -0.18, gsg -0.01",
+  "ref_full": "ivv +0.88, iwm +0.14, qqq -0.10, vweax +0.16, gld -0.03"
+ },
+ "seiax": {
+  "sym": "seiax",
+  "name": "SIIT Multi-Asset Real Return Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "first": "2011-08-10",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "djp +0.17, ief +0.30, qqq -0.20, ivv +0.24, gsg +0.06, vblix -0.10",
+  "ref_full": "djp +0.16, vnq +0.04, qqq -0.12, ivv +0.14, ief +0.10, gsg +0.06"
+ },
+ "seimx": {
+  "sym": "seimx",
+  "name": "STET INTERMEDIATE TERM MUNICIPAL FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01574372014866929,
+  "alpha_t_5y": -1.5594266593718844,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.26, ief +0.06, ivv -0.05, vblix +0.22, tlt -0.14, vnq +0.01",
+  "ref_full": "vweax +0.23, ief +0.07, fxy +0.03, agg +0.09, efa -0.02, vnq +0.01"
+ },
+ "seitx": {
+  "sym": "seitx",
+  "name": "SIT INTERNATIONAL EQUITY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017046762078875517,
+  "alpha_t_5y": 0.7082378885086502,
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+  "alpha_pos_frac": 0.5317919075144508,
+  "fund_max_dd": -0.6698421396259855,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.84, vweax +0.47, agg -0.49, qqq -0.06, vblix +0.12, vwo +0.05",
+  "ref_full": "efa +0.77, vweax +0.55, ief -0.14, ivv -0.08, vwo +0.04, djp +0.03"
+ },
+ "sekax": {
+  "sym": "sekax",
+  "name": "DWS Emerging Markets Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04612116201863004,
+  "alpha_t_5y": -1.2822181295729753,
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+  "alpha_pos_frac": 0.5605381165919282,
+  "fund_max_dd": -0.6729679273395023,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.84, qqq +0.08, fxe -0.23, vnq -0.06, vea +1.47, efa -1.31",
+  "ref_full": "vwo +0.70, vweax +0.39, qqq +0.10, vnq -0.04, djp +0.05, agg -0.11"
+ },
+ "selcx": {
+  "sym": "selcx",
+  "name": "SIMT LARGE CAP GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011026199951530953,
+  "alpha_t_5y": -0.7371889379908061,
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+  "alpha_pos_frac": 0.5129310344827587,
+  "fund_max_dd": -0.6793483178225879,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.48, ivv +0.58, djp -0.02, vnq -0.03",
+  "ref_full": "ivv +0.54, qqq +0.45, vweax +0.09"
+ },
+ "semcx": {
+  "sym": "semcx",
+  "name": "SIMT MID CAP FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004515618836822579,
+  "alpha_t_5y": -0.2616406952325331,
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+  "corr_benchmark": 0.5482155327426762,
+  "alpha_pos_frac": 0.5964125560538116,
+  "fund_max_dd": -0.6107943666322704,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.37, ivv +0.74, qqq -0.26, vnq +0.08, vea +0.07, fxy -0.06",
+  "ref_full": "ivv +0.60, iwm +0.37, qqq -0.11, vwo +0.06, vweax +0.19, vnq +0.04"
+ },
+ "semvx": {
+  "sym": "semvx",
+  "name": "Hartford Schroders Emerging Markets Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.017736611381585186,
+  "alpha_t_5y": -0.6623218041200013,
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+  "r2_5y": 0.8955659433797357,
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+  "corr_benchmark": 0.45492448806876395,
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+  "fund_max_dd": -0.6516824844847663,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.82, qqq +0.04, vnq -0.12, vea +1.86, efa -1.60, fxe -0.15",
+  "ref_full": "vwo +0.66, vweax +0.35, qqq +0.10, vnq -0.05, efa +0.08, djp +0.03"
+ },
+ "sencx": {
+  "sym": "sencx",
+  "name": "Touchstone Large Cap Focused Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014538712366713589,
+  "alpha_t_5y": -0.8985922551623178,
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+  "r2_5y": 0.945867428531376,
+  "r2_full": 0.9743199029340798,
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+  "corr_benchmark": 0.6010246402270523,
+  "alpha_pos_frac": 0.49416342412451364,
+  "fund_max_dd": -0.5189216515050803,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.08, vnq -0.04, qqq -0.06",
+  "ref_full": "ivv +0.95, vnq -0.03, vwo +0.02, gsg +0.01, efa +0.02"
+ },
+ "sequx": {
+  "sym": "sequx",
+  "name": "SEQUOIA FUND INC",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.0037200357571390164,
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+  "alpha_pos_frac": 0.5739910313901345,
+  "fund_max_dd": -0.45806087913741567,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.54, efa +0.71, iwm +0.15, vweax +0.35, gsg -0.05, vea -0.51",
+  "ref_full": "ivv +0.46, iwm +0.18, vweax +0.27, gsg -0.05, qqq +0.09, efa +0.07"
+ },
+ "sesvx": {
+  "sym": "sesvx",
+  "name": "SIMT SMALL CAP VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.029767467364526217,
+  "alpha_t_5y": 1.1851852743244142,
+  "alpha_t_full": 0.5378058610118523,
+  "r2_5y": 0.9203339434856294,
+  "r2_full": 0.9097882211328013,
+  "corr_portfolio": 0.3545420642471649,
+  "corr_benchmark": 0.4668359906048155,
+  "alpha_pos_frac": 0.4349775784753363,
+  "fund_max_dd": -0.6179192382860605,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.80, qqq -0.54, ivv +0.73, gld -0.06, ief -0.09, vea +0.07",
+  "ref_full": "iwm +0.84, vnq +0.07, qqq -0.28, ivv +0.34, gld -0.07, djp +0.05"
+ },
+ "setax": {
+  "sym": "setax",
+  "name": "SIMT REAL ESTATE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.021603628778845762,
+  "alpha_t_5y": 1.9267054723149803,
+  "alpha_t_full": 0.1340004229202342,
+  "r2_5y": 0.979932281879005,
+  "r2_full": 0.9695313909079708,
+  "corr_portfolio": 0.23948114174407492,
+  "corr_benchmark": 0.5479606341567896,
+  "alpha_pos_frac": 0.5330739299610895,
+  "fund_max_dd": -0.750582530017067,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +1.04, iwm -0.03, agg -0.08",
+  "ref_full": "vnq +0.97, agg -0.08, vweax +0.09, qqq -0.02, fxe +0.04, gld -0.02"
+ },
+ "sfrex": {
+  "sym": "sfrex",
+  "name": "Schwab Fundamental Global Real Estate Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.024265148448055406,
+  "alpha_t_5y": -0.9025151928731249,
+  "alpha_t_full": -0.9034039107243307,
+  "r2_5y": 0.8409841581583929,
+  "r2_full": 0.8847472026222989,
+  "corr_portfolio": 0.3352236988605986,
+  "corr_benchmark": 0.5607923256100893,
+  "alpha_pos_frac": 0.5661764705882353,
+  "fund_max_dd": -0.41977319768955934,
+  "first": "2014-10-23",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.55, vwo +0.26, efa +0.21, qqq -0.13, iwm +0.05",
+  "ref_full": "vnq +0.52, vea +0.25, vwo +0.19, qqq -0.12, iwm +0.07, vweax +0.15"
+ },
+ "sgffx": {
+  "sym": "sgffx",
+  "name": "Sparrow Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07451194281686829,
+  "alpha_t_5y": -1.5385899838933792,
+  "alpha_t_full": -1.2056794024400637,
+  "r2_5y": 0.7045916156820311,
+  "r2_full": 0.7924489638816963,
+  "corr_portfolio": 0.13256091003923617,
+  "corr_benchmark": 0.5278545212465834,
+  "alpha_pos_frac": 0.5017182130584192,
+  "fund_max_dd": -0.6209503271343455,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.63, iwm +0.23, vweax -0.27",
+  "ref_full": "qqq +0.53, iwm +0.26, vwo +0.09, djp +0.04, ivv +0.12, agg +0.10"
+ },
+ "sggax": {
+  "sym": "sggax",
+  "name": "DWS Large Cap Focus Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04114308939478053,
+  "alpha_t_5y": -1.9196767482355388,
+  "alpha_t_full": -2.0292061734309397,
+  "r2_5y": 0.9467673763721411,
+  "r2_full": 0.9429421008525823,
+  "corr_portfolio": 0.1336717075352616,
+  "corr_benchmark": 0.6209051660394521,
+  "alpha_pos_frac": 0.5336322869955157,
+  "fund_max_dd": -0.6541001692471631,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.69, ivv +0.43, vea -0.10, djp -0.03, fxe +0.07",
+  "ref_full": "qqq +0.50, ivv +0.53, vnq -0.06, gld +0.03, iwm +0.04, vwo -0.03"
+ },
+ "sghax": {
+  "sym": "sghax",
+  "name": "DWS Global High Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00348266646998636,
+  "alpha_t_5y": -0.4490998002891077,
+  "alpha_t_full": 0.2697090642980038,
+  "r2_5y": 0.8543898665389144,
+  "r2_full": 0.776747271081108,
+  "corr_portfolio": 0.32649369270149314,
+  "corr_benchmark": 0.4262495235984756,
+  "alpha_pos_frac": 0.558974358974359,
+  "fund_max_dd": -0.32148828459353995,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.91, vea +0.03, vmbix -0.04",
+  "ref_full": "vweax +0.88, efa +0.02, tlt -0.04, agg +0.08, djp +0.01"
+ },
+ "sgidx": {
+  "sym": "sgidx",
+  "name": "Steward Global Equity Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.001182552068369796,
+  "alpha_t_5y": 0.051462717014728154,
+  "alpha_t_full": 0.39341036647558947,
+  "r2_5y": 0.8681068997104835,
+  "r2_full": 0.9321801061775563,
+  "corr_portfolio": 0.3915294827505413,
+  "corr_benchmark": 0.5804042826275163,
+  "alpha_pos_frac": 0.4744186046511628,
+  "fund_max_dd": -0.5025800762056821,
+  "first": "2008-04-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.82, vea +0.21, qqq -0.33, iwm +0.15, vwo +0.07",
+  "ref_full": "ivv +0.69, vea +0.21, qqq -0.17, iwm +0.12, vnq +0.02, vwo +0.03"
+ },
+ "sginx": {
+  "sym": "sginx",
+  "name": "DWS GNMA Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0027125081839520543,
+  "alpha_t_5y": -0.3126928003507351,
+  "alpha_t_full": -0.6742942592938147,
+  "r2_5y": 0.8895124890865426,
+  "r2_full": 0.6176540676537472,
+  "corr_portfolio": -0.08335630353527378,
+  "corr_benchmark": 0.6375319558394018,
+  "alpha_pos_frac": 0.5384615384615384,
+  "fund_max_dd": -0.173691075062832,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.81, agg +0.16",
+  "ref_full": "ief +0.45, efa +0.01, agg +0.16, vweax +0.07, tlt -0.04, iwm +0.02"
+ },
+ "sgmax": {
+  "sym": "sgmax",
+  "name": "SIIT Global Managed Volatility Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.028185714934246518,
+  "alpha_t_5y": 1.7030929128183936,
+  "alpha_t_full": 1.3602432114185505,
+  "r2_5y": 0.8386662838240824,
+  "r2_full": 0.8325575649248753,
+  "corr_portfolio": 0.43515673435682833,
+  "corr_benchmark": 0.5472158076251898,
+  "alpha_pos_frac": 0.45454545454545453,
+  "fund_max_dd": -0.3126983632815715,
+  "first": "2016-02-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.83, qqq -0.41, efa +0.23, vnq +0.07, iwm -0.05, fxe -0.07",
+  "ref_full": "ivv +0.65, qqq -0.29, efa +0.21, vnq +0.08, vweax +0.15, fxe -0.08"
+ },
+ "sgoax": {
+  "sym": "sgoax",
+  "name": "SAAT MARKET GROWTH STRATEGY ALLOCATION FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005991137887279502,
+  "alpha_t_5y": -0.4791686030748928,
+  "alpha_t_full": -1.2878426480834089,
+  "r2_5y": 0.9529291803075054,
+  "r2_full": 0.95047884040769,
+  "corr_portfolio": 0.36735511954119016,
+  "corr_benchmark": 0.5729704066794364,
+  "alpha_pos_frac": 0.352059925093633,
+  "fund_max_dd": -0.5790474981209224,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.71, efa +0.19, iwm +0.13, qqq -0.21, vweax +0.20, ief -0.04",
+  "ref_full": "ivv +0.53, efa +0.17, iwm +0.15, vweax +0.23, qqq -0.07, vwo +0.04"
+ },
+ "sgovx": {
+  "sym": "sgovx",
+  "name": "First Eagle Overseas Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.011966658927927249,
+  "alpha_t_5y": 0.8717221014390047,
+  "alpha_t_full": 0.464277580992002,
+  "r2_5y": 0.9249634806861664,
+  "r2_full": 0.7615095589435206,
+  "corr_portfolio": 0.37131659810360335,
+  "corr_benchmark": 0.5484847298537936,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.3567757513485754,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.52, gld +0.15, qqq -0.14, vwo +0.09, ivv +0.17, fxy +0.05",
+  "ref_full": "efa +0.43, gld +0.14, vweax +0.38, vnq -0.06, fxy +0.09, iwm +0.05"
+ },
+ "sgqax": {
+  "sym": "sgqax",
+  "name": "DWS International Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06148670619959729,
+  "alpha_t_5y": -2.980365412463204,
+  "alpha_t_full": -3.188143417675029,
+  "r2_5y": 0.9266969847309194,
+  "r2_full": 0.9327478422168912,
+  "corr_portfolio": 0.2663337154031754,
+  "corr_benchmark": 0.5976862900147283,
+  "alpha_pos_frac": 0.5650224215246636,
+  "fund_max_dd": -0.6277416880542822,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea -0.08, qqq +0.23, efa +0.69, vwo +0.15, fxe +0.15, vweax +0.20",
+  "ref_full": "efa +0.47, qqq +0.18, vweax +0.28, vwo +0.11, iwm +0.09, fxe +0.10"
+ },
+ "sgvax": {
+  "sym": "sgvax",
+  "name": "Western Asset Mortgage Total Return Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0038579435275827322,
+  "alpha_t_5y": 0.37136952447430055,
+  "alpha_t_full": 0.22459149826981845,
+  "r2_5y": 0.8503104010118092,
+  "r2_full": 0.5288864483100959,
+  "corr_portfolio": -0.0901440891516294,
+  "corr_benchmark": 0.5682542959329798,
+  "alpha_pos_frac": 0.5897435897435898,
+  "fund_max_dd": -0.19902639285233825,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.50, ief +0.34, vweax +0.18, ivv -0.03",
+  "ref_full": "ief +0.46, vweax +0.16, agg +0.14, tlt -0.06, vnq +0.01"
+ },
+ "sgyax": {
+  "sym": "sgyax",
+  "name": "SIIT HIGH YIELD BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.012766270508800238,
+  "alpha_t_5y": 1.462303114194073,
+  "alpha_t_full": -0.9491773967198108,
+  "r2_5y": 0.8051058919824782,
+  "r2_full": 0.8056009106700601,
+  "corr_portfolio": 0.31694171278908323,
+  "corr_benchmark": 0.40145680817660395,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.36448667538894597,
+  "first": "2007-09-05",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.86, iwm +0.01",
+  "ref_full": "vweax +0.87, vea +0.01, tlt -0.03, djp +0.01, agg +0.05, fxy -0.01"
+ },
+ "shgtx": {
+  "sym": "shgtx",
+  "name": "Columbia Seligman Global Technology Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.07147219246455537,
+  "alpha_t_5y": 1.9666943520742362,
+  "alpha_t_full": 1.2336348494184086,
+  "r2_5y": 0.8989685703884857,
+  "r2_full": 0.886779371708591,
+  "corr_portfolio": 0.17537329316549405,
+  "corr_benchmark": 0.5750310677861885,
+  "alpha_pos_frac": 0.450199203187251,
+  "fund_max_dd": -0.7746605055108774,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.90, iwm +0.33, vnq -0.18, vwo +0.07, gld +0.04",
+  "ref_full": "qqq +0.80, iwm +0.30, vnq -0.12, efa +0.05, vweax +0.11, gld +0.03"
+ },
+ "shrix": {
+  "sym": "shrix",
+  "name": "Stone Ridge High Yield Reinsurance Risk Premium Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0618829924451556,
+  "alpha_t_5y": 3.1372452422226598,
+  "alpha_t_full": 1.6263052335033517,
+  "r2_5y": 1.1102230246251565e-16,
+  "r2_full": -4.440892098500626e-16,
+  "corr_portfolio": 0.016399634028212557,
+  "corr_benchmark": 0.02442168922346554,
+  "alpha_pos_frac": NaN,
+  "fund_max_dd": -0.19666066298257434,
+  "first": "2013-02-04",
+  "verdict": "alpha in 5y window, but not persistent (lucky stretch?)",
+  "alpha_name": false,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "pure alpha (no sleeve selected)"
+ },
+ "shssx": {
+  "sym": "shssx",
+  "name": "BLACKROCK HEALTH SCIENCES OPPORTUNITIES PORTFOLIO",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0066727477151842475,
+  "alpha_t_5y": -0.16346391381109454,
+  "alpha_t_full": 1.5059529122779374,
+  "r2_5y": 0.5646439547410846,
+  "r2_full": 0.6836721041277563,
+  "corr_portfolio": 0.2451418425430114,
+  "corr_benchmark": 0.5090234422780319,
+  "alpha_pos_frac": 0.5106382978723404,
+  "fund_max_dd": -0.3748471055849134,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.11, qqq -0.45, vnq +0.11, gsg -0.07, ief +0.14",
+  "ref_full": "ivv +0.71, gsg -0.04, iwm +0.11, vnq -0.04, agg +0.14, vwo -0.05"
+ },
+ "shtix": {
+  "sym": "shtix",
+  "name": "INVESCO Short Duration Inflation Protected Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0011121831742701785,
+  "alpha_t_5y": 0.1420122954611823,
+  "alpha_t_full": 0.2872651798164601,
+  "r2_5y": 0.6411202398149943,
+  "r2_full": 0.4276082614352875,
+  "corr_portfolio": 0.01602722882002604,
+  "corr_benchmark": 0.43528677991952797,
+  "alpha_pos_frac": 0.46551724137931033,
+  "fund_max_dd": -0.06722863503184273,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.34, gsg +0.03, tlt -0.15, agg +0.29, vwo -0.01, djp +0.02",
+  "ref_full": "ief +0.29, gsg +0.02, tlt -0.07, vweax +0.03, agg +0.04, fxy +0.01"
+ },
+ "shyd": {
+  "sym": "shyd",
+  "name": "VanEck Short High Yield Muni ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01038165452729437,
+  "alpha_t_5y": -0.5502790423317491,
+  "alpha_t_full": -0.43491424444783217,
+  "r2_5y": 0.24672705521436067,
+  "r2_full": 0.31538180529987847,
+  "corr_portfolio": 0.13146992836280838,
+  "corr_benchmark": 0.39211902152313366,
+  "alpha_pos_frac": 0.5241379310344828,
+  "fund_max_dd": -0.31218763035796293,
+  "first": "2014-01-15",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.28, vweax +0.27",
+  "ref_full": "agg +1.38, ief -0.79, vweax +0.35, gld +0.06, vnq +0.06, qqq -0.05"
+ },
+ "sibax": {
+  "sym": "sibax",
+  "name": "Sit Balanced Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013756469499824725,
+  "alpha_t_5y": -1.3208391843736755,
+  "alpha_t_full": -2.203681125671917,
+  "r2_5y": 0.9602939448586054,
+  "r2_full": 0.9606690413083623,
+  "corr_portfolio": 0.20595504782556587,
+  "corr_benchmark": 0.7032581130659004,
+  "alpha_pos_frac": 0.5317919075144508,
+  "fund_max_dd": -0.43619089929283605,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.53, ief +0.15, qqq +0.17, vnq -0.03, vblix +0.06, vea -0.03",
+  "ref_full": "ivv +0.49, qqq +0.15, ief +0.13, vnq -0.03, agg +0.09, vweax +0.05"
+ },
+ "sidcx": {
+  "sym": "sidcx",
+  "name": "SIIT Intermediate Duration Credit Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00041494706879688446,
+  "alpha_t_5y": -0.08276666692197311,
+  "alpha_t_full": 0.4337210428870327,
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+  "alpha_pos_frac": 0.5343511450381679,
+  "fund_max_dd": -0.20753324779675086,
+  "first": "2015-04-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.56, agg +0.09, tlt -0.25, ief +0.28, vweax +0.10, iwm -0.01",
+  "ref_full": "vblix +0.49, vweax +0.15, ief +0.25, tlt -0.20, agg +0.16, efa -0.01"
+ },
+ "sidvx": {
+  "sym": "sidvx",
+  "name": "Hartford Schroders International Multi-Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.037243122920779255,
+  "alpha_t_5y": 2.314795203440405,
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+  "r2_5y": 0.9324031138014959,
+  "r2_full": 0.9203599821195994,
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+  "corr_benchmark": 0.5069533968717986,
+  "alpha_pos_frac": 0.5112107623318386,
+  "fund_max_dd": -0.6255064694074307,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.73, vwo +0.18, qqq -0.13, gsg +0.04, ivv +0.10, tlt -0.03",
+  "ref_full": "efa +0.63, vweax +0.36, vwo +0.12, djp +0.05, fxe +0.09, agg -0.10"
+ },
+ "siemx": {
+  "sym": "siemx",
+  "name": "SIT EMERGING MARKETS EQUITY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.022585215087751964,
+  "alpha_t_5y": -0.7285768375044918,
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+  "r2_5y": 0.8180332017399558,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.71, vea +1.62, efa -1.41, fxy -0.16, iwm -0.09, vweax +0.23",
+  "ref_full": "vwo +0.63, vweax +0.59, ief -0.12, efa +0.09, vnq -0.03, djp +0.03"
+ },
+ "sifax": {
+  "sym": "sifax",
+  "name": "SIMT MULTI-ASSET INFLATION MANAGED FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01296460354360577,
+  "alpha_t_5y": 1.170596821986398,
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+  "alpha_pos_frac": 0.5149700598802395,
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+  "first": "2012-04-10",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "djp +0.16, ief +0.29, qqq -0.20, ivv +0.23, gsg +0.06, vblix -0.09",
+  "ref_full": "djp +0.16, vnq +0.04, qqq -0.12, gsg +0.06, ivv +0.15, ief +0.10"
+ },
+ "sigax": {
+  "sym": "sigax",
+  "name": "Western Asset Corporate Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006553271692584733,
+  "alpha_t_5y": -0.8443698980225754,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.67, tlt -0.33, ief +0.32, vweax +0.17, djp +0.01",
+  "ref_full": "agg +0.21, vweax +0.62, tlt +0.11, ief +0.20"
+ },
+ "sihax": {
+  "sym": "sihax",
+  "name": "Guggenheim High Yield Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0009515697164674215,
+  "alpha_t_5y": 0.13249081738953744,
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+  "alpha_pos_frac": 0.49828178694158076,
+  "fund_max_dd": -0.3672000915099686,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.80, iwm +0.01",
+  "ref_full": "vweax +0.78, vwo +0.01, tlt -0.03, agg +0.05"
+ },
+ "sims": {
+  "sym": "sims",
+  "name": "State Street(R) SPDR(R) S&P Kensho Intelligent Structures ETF",
+  "bucket": "all",
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+  "alpha_t_5y": -1.898952059264414,
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+  "alpha_pos_frac": 0.5612244897959183,
+  "fund_max_dd": -0.43969988872821086,
+  "first": "2017-12-28",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
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+  "ref_full": "iwm +0.74, qqq +0.12, vea +0.14, vweax +0.25"
+ },
+ "sioax": {
+  "sym": "sioax",
+  "name": "SIMT MULTI-ASSET INCOME FUND",
+  "bucket": "all",
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+  "first": "2012-04-10",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "vweax +0.37, agg +0.29, efa +0.17, vnq +0.03, vea -0.11, djp +0.01",
+  "ref_full": "vweax +0.45, vnq +0.02, agg +0.24, ivv +0.10, qqq -0.04, vea +0.03"
+ },
+ "sisax": {
+  "sym": "sisax",
+  "name": "SAAT TAX-MANAGED AGGRESSIVE STRATEGY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0016379396610050072,
+  "alpha_t_5y": -0.13119896133624762,
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+  "fund_max_dd": -0.5625924545912557,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.71, efa +0.20, iwm +0.13, qqq -0.21, vweax +0.18, gld -0.02",
+  "ref_full": "ivv +0.52, efa +0.16, iwm +0.15, vweax +0.23, qqq -0.07, vwo +0.04"
+ },
+ "sislx": {
+  "sym": "sislx",
+  "name": "Shelton International Select Equity Fund",
+  "bucket": "all",
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+  "alpha_pos_frac": 0.5181818181818182,
+  "fund_max_dd": -0.3284819363262077,
+  "first": "2017-01-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.56, vwo +0.20, vweax +0.60, iwm -0.08, tlt -0.09, fxy +0.10",
+  "ref_full": "vea +0.60, vweax +0.46, vwo +0.16, iwm -0.06, agg -0.15, fxy +0.07"
+ },
+ "sitex": {
+  "sym": "sitex",
+  "name": "SIT EMERGING MARKETS DEBT FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.010117628163816702,
+  "alpha_t_5y": 0.500151609581514,
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+  "alpha_pos_frac": 0.5606936416184971,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.65, fxe +0.21, vwo +0.13, qqq -0.06, vblix +0.07, gsg -0.02",
+  "ref_full": "vweax +0.71, vwo +0.11, qqq -0.06, agg +0.10, fxe +0.10, tlt +0.03"
+ },
+ "siusx": {
+  "sym": "siusx",
+  "name": "Guggenheim Core Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0023335738701699164,
+  "alpha_t_5y": -0.4807733914884092,
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+  "r2_full": 0.5904500627898146,
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+  "corr_benchmark": 0.67040323659489,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.21618616339512142,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.09, vblix +0.36, tlt -0.16, ief +0.37, vweax +0.15, ivv -0.02",
+  "ref_full": "ief +0.29, vweax +0.18, agg +0.13, tlt +0.05, fxy +0.03, iwm +0.01"
+ },
+ "sivix": {
+  "sym": "sivix",
+  "name": "State Street Institutional Small-Cap Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013334778640365308,
+  "alpha_t_5y": -0.7011515522790771,
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+  "r2_5y": 0.9500778339320063,
+  "r2_full": 0.9278130524267687,
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+  "corr_benchmark": 0.47584840078603974,
+  "alpha_pos_frac": 0.5333333333333333,
+  "fund_max_dd": -0.5651868910185377,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.77, ivv +0.48, qqq -0.26, gld -0.04",
+  "ref_full": "iwm +0.77, agg -0.40, ivv +0.21, qqq -0.07, ief +0.15, vweax +0.11"
+ },
+ "sjnk": {
+  "sym": "sjnk",
+  "name": "State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004626516099127904,
+  "alpha_t_5y": 0.40761975697151953,
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+  "r2_5y": 0.7696361717382268,
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+  "corr_benchmark": 0.5954107173967865,
+  "alpha_pos_frac": 0.5508982035928144,
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+  "first": "2012-04-10",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.12, agg +0.93, vweax +0.31, ief -0.36, vblix -0.11, iwm +0.04",
+  "ref_full": "ivv +0.11, vweax +0.42, agg +0.33, vnq +0.04, tlt -0.07, iwm +0.03"
+ },
+ "skirx": {
+  "sym": "skirx",
+  "name": "DWS Enhanced Commodity Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012852888527322746,
+  "alpha_t_5y": -0.5171231158234127,
+  "alpha_t_full": 0.10177691717219306,
+  "r2_5y": 0.8485336480758375,
+  "r2_full": 0.7703704238126237,
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+  "corr_benchmark": 0.1284409098397757,
+  "alpha_pos_frac": 0.4956896551724138,
+  "fund_max_dd": -0.6752435900395654,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "djp +0.71, gld +0.05",
+  "ref_full": "djp +0.56, vwo +0.19, gsg +0.12, qqq -0.04, vnq +0.06, iwm -0.06"
+ },
+ "sktax": {
+  "sym": "sktax",
+  "name": "SAAT CORE MARKET STRATEGY ALLOCATION FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0021952363863779302,
+  "alpha_t_5y": -0.17476741654096387,
+  "alpha_t_full": -1.4452271535077106,
+  "r2_5y": 0.9526155029977045,
+  "r2_full": 0.9493825032356286,
+  "corr_portfolio": 0.3679266651230321,
+  "corr_benchmark": 0.5729227015563962,
+  "alpha_pos_frac": 0.5490196078431373,
+  "fund_max_dd": -0.5888170171214142,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.71, efa +0.20, iwm +0.13, qqq -0.21, vweax +0.17, gld -0.02",
+  "ref_full": "ivv +0.53, efa +0.16, iwm +0.15, vweax +0.23, qqq -0.07, vwo +0.04"
+ },
+ "slanx": {
+  "sym": "slanx",
+  "name": "DWS Latin America Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.013918729616191738,
+  "alpha_t_5y": 0.1959901422002521,
+  "alpha_t_full": -0.177348691285043,
+  "r2_5y": 0.46631785942061,
+  "r2_full": 0.7047312025414655,
+  "corr_portfolio": 0.28544211376499207,
+  "corr_benchmark": 0.3845797400817661,
+  "alpha_pos_frac": 0.484304932735426,
+  "fund_max_dd": -0.7072614029112081,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.49, vea +0.39, djp +0.13, iwm +0.18, qqq -0.16",
+  "ref_full": "vwo +0.75, djp +0.19, vweax +0.26, efa +0.11, agg +0.21, iwm +0.07"
+ },
+ "slasx": {
+  "sym": "slasx",
+  "name": "SELECTED AMERICAN SHARES",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007878775387612027,
+  "alpha_t_5y": 0.2736167852883524,
+  "alpha_t_full": -0.1004101338163321,
+  "r2_5y": 0.8639599781035976,
+  "r2_full": 0.9308771110708792,
+  "corr_portfolio": 0.32202831188452274,
+  "corr_benchmark": 0.5305838830386695,
+  "alpha_pos_frac": 0.49800796812749004,
+  "fund_max_dd": -0.5843114971131771,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.90, iwm +0.18, vwo +0.20, tlt -0.09, qqq -0.18, gld -0.05",
+  "ref_full": "ivv +0.79, vwo +0.08, iwm +0.14, qqq -0.07, tlt -0.05, efa +0.08"
+ },
+ "slcax": {
+  "sym": "slcax",
+  "name": "SIIT LARGE CAP FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004532452334666184,
+  "alpha_t_5y": 0.516250447048776,
+  "alpha_t_full": -0.706850929975449,
+  "r2_5y": 0.9824573657528889,
+  "r2_full": 0.9449148934557879,
+  "corr_portfolio": 0.3296386208769951,
+  "corr_benchmark": 0.578615646826996,
+  "alpha_pos_frac": 0.6036036036036037,
+  "fund_max_dd": -0.551692769106434,
+  "first": "2007-09-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.04, qqq -0.21, iwm +0.10, efa +0.05",
+  "ref_full": "ivv +0.84, iwm +0.12, efa +0.06, qqq -0.06, gld -0.03, vwo +0.03"
+ },
+ "sldax": {
+  "sym": "sldax",
+  "name": "SIIT Long Duration Credit Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0007848136746365017,
+  "alpha_t_5y": 0.10145283441147869,
+  "alpha_t_full": -0.3939052028379489,
+  "r2_5y": 0.9762968455639341,
+  "r2_full": 0.8965791735649473,
+  "corr_portfolio": -0.059043176036376,
+  "corr_benchmark": 0.7120451921488067,
+  "alpha_pos_frac": 0.573170731707317,
+  "fund_max_dd": -0.35280107780149883,
+  "first": "2012-07-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +1.02, vweax +0.13, tlt -0.09",
+  "ref_full": "vblix +0.87, vweax +0.16, agg +0.23, ief -0.16, fxy +0.03, vnq +0.01"
+ },
+ "sldbx": {
+  "sym": "sldbx",
+  "name": "SIIT Limited Duration Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 4.293338729405256e-05,
+  "alpha_t_5y": 0.008231778597560972,
+  "alpha_t_full": 0.6025635432794104,
+  "r2_5y": 0.6821907866991906,
+  "r2_full": 0.5849171968051132,
+  "corr_portfolio": -0.026996617428932335,
+  "corr_benchmark": 0.40660779694236615,
+  "alpha_pos_frac": 0.4316546762589928,
+  "fund_max_dd": -0.056691724885013506,
+  "first": "2014-08-05",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.07, vweax +0.07, ivv -0.02, ief +0.28, tlt -0.22, vblix +0.18",
+  "ref_full": "vmbix +0.06, vweax +0.07, ief +0.27, tlt -0.15, vblix +0.10, vea -0.01"
+ },
+ "slgax": {
+  "sym": "slgax",
+  "name": "SIMT Large Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006901702594442846,
+  "alpha_t_5y": -0.7188768202855589,
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+  "r2_5y": 0.9806146182681543,
+  "r2_full": 0.8837112806585056,
+  "corr_portfolio": 0.3123137860479798,
+  "corr_benchmark": 0.55681413610476,
+  "alpha_pos_frac": 0.4873096446700508,
+  "fund_max_dd": -0.3679565697094276,
+  "first": "2009-10-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.05, qqq -0.20, iwm +0.11, efa +0.04, gld -0.01",
+  "ref_full": "ivv +0.87, iwm +0.12, qqq -0.07, vweax +0.14, gld -0.03, efa +0.05"
+ },
+ "slgfx": {
+  "sym": "slgfx",
+  "name": "SIMT Large Cap Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005506868853257871,
+  "alpha_t_5y": -1.0237523880387531,
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+  "r2_5y": 0.9943628314073844,
+  "r2_full": 0.9429383265252191,
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+  "corr_benchmark": 0.6433206168554,
+  "alpha_pos_frac": 0.4742268041237113,
+  "fund_max_dd": -0.3455758718286537,
+  "first": "2018-02-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.88, iwm +0.06, qqq +0.05, vnq +0.01",
+  "ref_full": "ivv +0.75, vweax +0.18, iwm +0.06, qqq +0.10, gld -0.03, vnq +0.03"
+ },
+ "sllax": {
+  "sym": "sllax",
+  "name": "SIMT Small Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005353166618827044,
+  "alpha_t_5y": 0.31800843345397645,
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+  "r2_full": 0.8968014078247935,
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+  "corr_benchmark": 0.49381677717875516,
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+  "fund_max_dd": -0.44077865500348756,
+  "first": "2009-10-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.85, ief -0.08, ivv +0.49, qqq -0.28, vnq -0.05",
+  "ref_full": "iwm +0.87, ivv +0.19, qqq -0.09, ief -0.12, vweax +0.12"
+ },
+ "slmcx": {
+  "sym": "slmcx",
+  "name": "Columbia Seligman Technology and Information Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.08494185132965161,
+  "alpha_t_5y": 2.3215362237116346,
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+  "r2_full": 0.8843148056242152,
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+  "alpha_pos_frac": 0.42231075697211157,
+  "fund_max_dd": -0.7367200910952567,
+  "first": "2007-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.88, iwm +0.33, vnq -0.17, vwo +0.09",
+  "ref_full": "vea +0.19, qqq +0.80, iwm +0.31, vnq -0.12, efa -0.16, vweax +0.09"
+ },
+ "slpax": {
+  "sym": "slpax",
+  "name": "SIIT SMALL CAP FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.006069537838490807,
+  "alpha_t_5y": 0.40366772340634083,
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+  "r2_5y": 0.9678919155339735,
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+  "corr_benchmark": 0.5267291106713684,
+  "alpha_pos_frac": 0.5675675675675675,
+  "fund_max_dd": -0.6629140806996587,
+  "first": "2007-09-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.82, ivv +0.37, qqq -0.20, vnq -0.05",
+  "ref_full": "iwm +0.84, vea +0.05, vnq +0.04, ief -0.17, agg +0.13, vweax +0.07"
+ },
+ "slvax": {
+  "sym": "slvax",
+  "name": "Columbia Select Large Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02645259903409571,
+  "alpha_t_5y": 1.225297696608466,
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+  "corr_benchmark": 0.5134600197121855,
+  "alpha_pos_frac": 0.4977578475336323,
+  "fund_max_dd": -0.6000749579481421,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.21, qqq -0.63, iwm +0.19, vea +0.56, djp +0.06, efa -0.39",
+  "ref_full": "ivv +1.18, qqq -0.45, iwm +0.19, vwo +0.08, tlt -0.05, vnq +0.03"
+ },
+ "slyg": {
+  "sym": "slyg",
+  "name": "State Street(R) SPDR(R) S & P 600(TM) Small Cap Growth ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0038415311960807853,
+  "alpha_t_5y": -0.19583649945124942,
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+  "corr_benchmark": 0.5317428135508852,
+  "alpha_pos_frac": 0.4860557768924303,
+  "fund_max_dd": -0.6214596035786664,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.90, ivv +0.09, vwo -0.04, gld -0.02",
+  "ref_full": "iwm +0.86, qqq +0.08, vweax +0.13, vnq -0.03, djp +0.02"
+ },
+ "slyv": {
+  "sym": "slyv",
+  "name": "State Street(R) SPDR(R) S & P 600(TM) Small Cap Value ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.032980266715800885,
+  "alpha_t_5y": 1.197194442188288,
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+  "corr_benchmark": 0.47934535042231147,
+  "alpha_pos_frac": 0.4698275862068966,
+  "fund_max_dd": -0.6132319103592666,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.94, qqq -0.56, ivv +0.64, gld -0.06, djp +0.03",
+  "ref_full": "iwm +0.93, qqq -0.34, ivv +0.36, gld -0.06, djp +0.06, agg +0.11"
+ },
+ "smcwx": {
+  "sym": "smcwx",
+  "name": "SMALLCAP WORLD FUND INC",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0595617188601684,
+  "alpha_t_5y": -2.980132488000278,
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+  "r2_5y": 0.933950149549689,
+  "r2_full": 0.9237649366676058,
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+  "corr_benchmark": 0.6054902641761436,
+  "alpha_pos_frac": 0.547085201793722,
+  "fund_max_dd": -0.6246288825964021,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.41, vea +0.32, qqq +0.31, ivv -0.27, vweax +0.32, vwo +0.10",
+  "ref_full": "iwm +0.35, efa +0.20, qqq +0.18, vweax +0.41, vwo +0.09, vnq -0.06"
+ },
+ "smeax": {
+  "sym": "smeax",
+  "name": "INVESCO Small Cap Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02490604316500357,
+  "alpha_t_5y": -1.0023254797246182,
+  "alpha_t_full": -0.39567397751496197,
+  "r2_5y": 0.9287863215622676,
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+  "alpha_pos_frac": 0.49230769230769234,
+  "fund_max_dd": -0.5500767505304633,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.77, ivv +0.21, vnq -0.05, vea +0.67, efa -0.57, vmbix -0.13",
+  "ref_full": "iwm +0.81, ivv +0.21, vnq -0.03"
+ },
+ "smgax": {
+  "sym": "smgax",
+  "name": "SAAT CONSERVATIVE STRATEGY ALLOCATION FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01104681628863849,
+  "alpha_t_5y": 0.9503986999283929,
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+  "r2_5y": 0.8594038004367901,
+  "r2_full": 0.9010314878824804,
+  "corr_portfolio": 0.37479404130265315,
+  "corr_benchmark": 0.5631679395696336,
+  "alpha_pos_frac": 0.8132295719844358,
+  "fund_max_dd": -0.6964232264556713,
+  "first": "2009-11-24",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.19, ivv +0.45, qqq -0.23, vweax +0.20",
+  "ref_full": "vnq +0.25, ivv +0.36, vmbix -0.10, vweax +0.23, qqq -0.13, vwo +0.03"
+ },
+ "smgix": {
+  "sym": "smgix",
+  "name": "Columbia Contrarian Core Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.020991048696333302,
+  "alpha_t_5y": -0.8637382154941529,
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+  "r2_full": 0.9673382777832537,
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+  "corr_benchmark": 0.5789810645171765,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.5061566680656691,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.98, vwo +0.04",
+  "ref_full": "ivv +0.89, vwo +0.02, qqq +0.06, gsg +0.02, efa +0.04"
+ },
+ "sminx": {
+  "sym": "sminx",
+  "name": "SIMT Tax-Managed International Managed Volatility Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03279703847610598,
+  "alpha_t_5y": 1.3525562969109206,
+  "alpha_t_full": 0.6507905694608733,
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+  "corr_portfolio": 0.43262753932353454,
+  "corr_benchmark": 0.47414016161936656,
+  "alpha_pos_frac": 0.49107142857142855,
+  "fund_max_dd": -0.32055981207109785,
+  "first": "2016-10-18",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.65, qqq -0.16, fxy +0.10, vweax +0.25, iwm -0.07, ivv +0.13",
+  "ref_full": "efa +0.66, vweax +0.46, qqq -0.08, iwm -0.06, fxy +0.11, vmbix -0.17"
+ },
+ "smlax": {
+  "sym": "smlax",
+  "name": "DWS Managed Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016264016551424926,
+  "alpha_t_5y": -1.1691453176695574,
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+  "r2_full": 0.23723716600483646,
+  "corr_portfolio": 0.02475018068507235,
+  "corr_benchmark": 0.3633986965969015,
+  "alpha_pos_frac": 0.5953757225433526,
+  "fund_max_dd": -0.17332588499845192,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.35, vblix +0.29, ivv -0.07, vnq +0.03, tlt -0.15",
+  "ref_full": "vweax +0.25, ief +0.09, agg +0.08, fxy +0.03, gsg -0.01, vnq +0.01"
+ },
+ "smlv": {
+  "sym": "smlv",
+  "name": "State Street(R) SPDR(R) US Small Cap Low Volatility Index ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0499153245801534,
+  "alpha_t_5y": 1.6230990167812318,
+  "alpha_t_full": 2.277067691008286,
+  "r2_5y": 0.8407741349875464,
+  "r2_full": 0.8500629427130433,
+  "corr_portfolio": 0.3372659559702666,
+  "corr_benchmark": 0.45743114026223336,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.4244941870247587,
+  "first": "2013-02-22",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.74, qqq -0.58, ivv +0.69, djp -0.06, vwo -0.08, vnq +0.06",
+  "ref_full": "iwm +0.75, qqq -0.50, ivv +0.52, vnq +0.13, gld -0.07, gsg -0.02"
+ },
+ "smoax": {
+  "sym": "smoax",
+  "name": "SAAT MODERATE STRATEGY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00328306134689711,
+  "alpha_t_5y": -0.4258590257249426,
+  "alpha_t_full": -1.3299586655305888,
+  "r2_5y": 0.8922333298032118,
+  "r2_full": 0.7946602842755638,
+  "corr_portfolio": 0.3537561971539901,
+  "corr_benchmark": 0.7443811812541647,
+  "alpha_pos_frac": 0.5829596412556054,
+  "fund_max_dd": -0.3779240446582227,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.10, agg +0.34, ivv +0.29, qqq -0.12, djp +0.03, vweax +0.11",
+  "ref_full": "ivv +0.14, agg +0.21, vnq +0.07, vweax +0.16, efa +0.05, vwo +0.02"
+ },
+ "smog": {
+  "sym": "smog",
+  "name": "VanEck Low Carbon Energy ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07605627920160937,
+  "alpha_t_5y": -1.2261069412786099,
+  "alpha_t_full": -1.0834358423541872,
+  "r2_5y": 0.6915077842334526,
+  "r2_full": 0.7045658836863218,
+  "corr_portfolio": 0.12288284768677182,
+  "corr_benchmark": 0.5182089278719655,
+  "alpha_pos_frac": 0.48878923766816146,
+  "fund_max_dd": -0.8439415133366142,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.50, iwm +0.46, agg +0.40, qqq +0.60, ivv -0.83, vea +0.28",
+  "ref_full": "efa +0.44, iwm +0.44, vwo +0.33, qqq +0.35, ivv -0.45, djp +0.10"
+ },
+ "smqfx": {
+  "sym": "smqfx",
+  "name": "SIIT EMERGING MARKETS EQUITY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.027186307031820536,
+  "alpha_t_5y": 0.9388058930448723,
+  "alpha_t_full": 0.628948804559655,
+  "r2_5y": 0.8100200813936993,
+  "r2_full": 0.8015129682250468,
+  "corr_portfolio": 0.35312890706253586,
+  "corr_benchmark": 0.4303843183864041,
+  "alpha_pos_frac": 0.5073529411764706,
+  "fund_max_dd": -0.40133275399479174,
+  "first": "2014-11-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.56, vea +1.55, efa -1.32, fxy -0.12, vweax +0.30, vnq -0.07",
+  "ref_full": "vwo +0.51, vweax +0.57, vea +1.29, efa -1.12, vmbix -0.22, vnq -0.04"
+ },
+ "smsax": {
+  "sym": "smsax",
+  "name": "SIMT Multi-Strategy Alternative Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005741460690949587,
+  "alpha_t_5y": -0.506167559430747,
+  "alpha_t_full": -0.8720920861861279,
+  "r2_5y": 0.6703818939872035,
+  "r2_full": 0.49900467026477036,
+  "corr_portfolio": 0.2729803768339342,
+  "corr_benchmark": 0.41511767643815717,
+  "alpha_pos_frac": 0.450261780104712,
+  "fund_max_dd": -0.10984441701958725,
+  "first": "2010-04-05",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "iwm +0.10, vwo +0.04, gld +0.03, vweax +0.09, fxy -0.04, vea +0.04",
+  "ref_full": "iwm +0.11, vweax +0.19, vwo +0.04, fxe -0.04, vnq -0.02, gld +0.01"
+ },
+ "smxax": {
+  "sym": "smxax",
+  "name": "SIIT Extended Market Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.018202705498841346,
+  "alpha_t_5y": -1.042733308741589,
+  "alpha_t_full": -0.5700751727657806,
+  "r2_5y": 0.9645463503983309,
+  "r2_full": 0.9313747562949443,
+  "corr_portfolio": 0.2247238584135127,
+  "corr_benchmark": 0.5851901125914629,
+  "alpha_pos_frac": 0.4774193548387097,
+  "fund_max_dd": -0.41483666416965936,
+  "first": "2013-03-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.73, qqq +0.24, vnq +0.04, vweax +0.09",
+  "ref_full": "iwm +0.70, qqq +0.19, vweax +0.24, vnq +0.05, vwo +0.03, vmbix -0.07"
+ },
+ "sngvx": {
+  "sym": "sngvx",
+  "name": "SIT U S GOVERNMENT SECURITIES FUND INC",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0007842739974614406,
+  "alpha_t_5y": 0.11062770234525096,
+  "alpha_t_full": 0.38742962533003306,
+  "r2_5y": 0.7817214638119865,
+  "r2_full": 0.5178350920901809,
+  "corr_portfolio": -0.11713183173217045,
+  "corr_benchmark": 0.5155697771330827,
+  "alpha_pos_frac": 0.4717948717948718,
+  "fund_max_dd": -0.08879524335166755,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.29, vmbix +0.25, qqq -0.02, tlt -0.04, gsg -0.01, vea +0.02",
+  "ref_full": "ief +0.27, vweax +0.06, agg +0.08, tlt -0.03, fxy +0.02, vnq +0.00"
+ },
+ "snidx": {
+  "sym": "snidx",
+  "name": "AB Core Bond Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002834542311201267,
+  "alpha_t_5y": -0.4005761194904175,
+  "alpha_t_full": -0.6312521519844444,
+  "r2_5y": 0.9126928657641198,
+  "r2_full": 0.7877802144163715,
+  "corr_portfolio": -0.09989990156377518,
+  "corr_benchmark": 0.6679079408397266,
+  "alpha_pos_frac": 0.5664739884393064,
+  "fund_max_dd": -0.1847427513676898,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.24, ief +0.30, vweax +0.11, ivv -0.03, vmbix +0.18, vblix +0.05",
+  "ref_full": "ief +0.38, vweax +0.19, agg +0.14, vnq +0.01, tlt +0.04, gld +0.01"
+ },
+ "sniex": {
+  "sym": "sniex",
+  "name": "BNY Mellon International Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004856833776449237,
+  "alpha_t_5y": -0.19659261670620415,
+  "alpha_t_full": -0.652942051531523,
+  "r2_5y": 0.8696439894859957,
+  "r2_full": 0.8860720221618984,
+  "corr_portfolio": 0.37460342680580283,
+  "corr_benchmark": 0.5158300797680773,
+  "alpha_pos_frac": 0.5165289256198347,
+  "fund_max_dd": -0.5695869655476355,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.83, vwo +0.09, fxe +0.09, vweax +0.20, iwm -0.04",
+  "ref_full": "efa +0.72, vweax +0.37, vnq -0.04, vwo +0.07, fxy +0.07, fxe +0.06"
+ },
+ "snsax": {
+  "sym": "snsax",
+  "name": "SAAT DEFENSIVE STRATEGY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0024070933082417237,
+  "alpha_t_5y": -0.5371450798587706,
+  "alpha_t_full": -2.665278767349568,
+  "r2_5y": 0.7848427791192472,
+  "r2_full": 0.5776328139217268,
+  "corr_portfolio": 0.27058429615623636,
+  "corr_benchmark": 0.7433391677160848,
+  "alpha_pos_frac": 0.5025641025641026,
+  "fund_max_dd": -0.12213110883719325,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.07, ivv +0.11, qqq -0.05, vea +0.03, ief +0.20, tlt -0.04",
+  "ref_full": "ivv +0.07, agg +0.06, vweax +0.11, ief +0.07, gld +0.01, qqq -0.01"
+ },
+ "sntix": {
+  "sym": "sntix",
+  "name": "Sit Tax-Free Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.021033657994868993,
+  "alpha_t_5y": -1.2820249525084244,
+  "alpha_t_full": 0.619696792218872,
+  "r2_5y": 0.22173155480735862,
+  "r2_full": 0.23359533955339773,
+  "corr_portfolio": 0.09416053986311125,
+  "corr_benchmark": 0.2674620586804211,
+  "alpha_pos_frac": 0.5642023346303502,
+  "fund_max_dd": -0.17996727684767866,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.46, ivv -0.13, vnq +0.04, qqq +0.05",
+  "ref_full": "vweax +0.31, agg +0.13, efa -0.02, fxy +0.03, vnq +0.02, iwm -0.02"
+ },
+ "sntkx": {
+  "sym": "sntkx",
+  "name": "Steward Values Enhanced International Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00965497088620775,
+  "alpha_t_5y": 0.4697909206856447,
+  "alpha_t_full": -1.3362739095073404,
+  "r2_5y": 0.9203399098892863,
+  "r2_full": 0.9431496183664801,
+  "corr_portfolio": 0.36074730866871024,
+  "corr_benchmark": 0.5326402701251359,
+  "alpha_pos_frac": 0.4618834080717489,
+  "fund_max_dd": -0.6072246591544187,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.11, vwo +0.35, ivv +0.28, gsg +0.07, efa +0.41, qqq -0.09",
+  "ref_full": "efa +0.53, vwo +0.24, ivv +0.16, djp +0.09, iwm +0.07, vnq -0.04"
+ },
+ "soaix": {
+  "sym": "soaix",
+  "name": "Spirit of America Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0012296705021446858,
+  "alpha_t_5y": -0.11793702967236726,
+  "alpha_t_full": 1.162481353434535,
+  "r2_5y": 0.8224167413833219,
+  "r2_full": 0.6992077912597007,
+  "corr_portfolio": 0.12389553914793835,
+  "corr_benchmark": 0.7835788651689454,
+  "alpha_pos_frac": 0.5145631067961165,
+  "fund_max_dd": -0.16758000515237603,
+  "first": "2009-01-05",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.33, vnq +0.06, vweax +0.24, tlt +0.12, iwm +0.03, gsg +0.02",
+  "ref_full": "agg +0.16, vweax +0.30, tlt +0.15, vnq +0.03, iwm +0.03, ief +0.16"
+ },
+ "sokax": {
+  "sym": "sokax",
+  "name": "SAAT CORE MARKET STRATEGY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006931408571490683,
+  "alpha_t_5y": -0.7708995785115337,
+  "alpha_t_full": -1.8901916177528646,
+  "r2_5y": 0.9274203090769632,
+  "r2_full": 0.9135133922835602,
+  "corr_portfolio": 0.344520093729418,
+  "corr_benchmark": 0.7282793503680869,
+  "alpha_pos_frac": 0.600896860986547,
+  "fund_max_dd": -0.3563199492712057,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.18, agg +0.33, ivv +0.16, djp +0.04, vweax +0.20, iwm +0.04",
+  "ref_full": "ivv +0.17, agg +0.09, efa +0.14, vweax +0.27, iwm +0.06, ief +0.17"
+ },
+ "spab": {
+  "sym": "spab",
+  "name": "State Street(R) SPDR(R) Portfolio Aggregate Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0017880678087322628,
+  "alpha_t_5y": -0.4809848154491624,
+  "alpha_t_full": 0.005486089703379102,
+  "r2_5y": 0.9763276895981458,
+  "r2_full": 0.7254926726574003,
+  "corr_portfolio": -0.08888726589607811,
+  "corr_benchmark": 0.7062221452746815,
+  "alpha_pos_frac": 0.5144508670520231,
+  "fund_max_dd": -0.18555793701641843,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.70, ief +0.16, vweax +0.03, vnq +0.01, vblix +0.02",
+  "ref_full": "agg +0.96, gld +0.01, efa +0.02, vnq -0.01"
+ },
+ "spbo": {
+  "sym": "spbo",
+  "name": "State Street(R) SPDR Portfolio Corporate Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0008020353789819917,
+  "alpha_t_5y": 0.11455674376632487,
+  "alpha_t_full": 0.1243152244202635,
+  "r2_5y": 0.9443570273521186,
+  "r2_full": 0.516803350306644,
+  "corr_portfolio": -0.017453918791769562,
+  "corr_benchmark": 0.6885131577942624,
+  "alpha_pos_frac": 0.49710982658959535,
+  "fund_max_dd": -0.22039506767691308,
+  "first": "2011-04-08",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +1.58, ivv +0.06, vmbix -0.40, vblix +0.19, ief -0.25, tlt -0.07",
+  "ref_full": "agg +0.89, vweax +0.20, vnq +0.03, tlt +0.04"
+ },
+ "spdax": {
+  "sym": "spdax",
+  "name": "DWS Multi-Asset Conservative Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015197547244351711,
+  "alpha_t_5y": -2.849117701086502,
+  "alpha_t_full": -4.343771789708947,
+  "r2_5y": 0.9735504874844015,
+  "r2_full": 0.950317639147642,
+  "corr_portfolio": 0.2846451716501803,
+  "corr_benchmark": 0.7872846005874587,
+  "alpha_pos_frac": 0.6098654708520179,
+  "fund_max_dd": -0.43004166466637084,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.21, agg +0.49, vea +0.09, iwm +0.03, vwo +0.04, vnq +0.03",
+  "ref_full": "ivv +0.27, efa +0.13, ief +0.11, vnq +0.05, vwo +0.06, agg +0.17"
+ },
+ "spdw": {
+  "sym": "spdw",
+  "name": "State Street(R) SPDR(R) Portfolio Developed World ex-US ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.000224524289997356,
+  "alpha_t_5y": -0.058972311875770886,
+  "alpha_t_full": 0.020645847393015254,
+  "r2_5y": 0.9970134092762205,
+  "r2_full": 0.9081890086603744,
+  "corr_portfolio": 0.3666720952997476,
+  "corr_benchmark": 0.5547101706120205,
+  "alpha_pos_frac": 0.4663677130044843,
+  "fund_max_dd": -0.6002180326553332,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.90, iwm +0.01, efa +0.07, vwo +0.01, qqq +0.01",
+  "ref_full": "efa +0.82, djp +0.07, vweax +0.19, qqq +0.04, fxe +0.08, vwo +0.03"
+ },
+ "specx": {
+  "sym": "specx",
+  "name": "Alger Spectra Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.024641884055353544,
+  "alpha_t_5y": -0.30056642344581497,
+  "alpha_t_full": -0.4331698112803541,
+  "r2_5y": 0.6325724867322104,
+  "r2_full": 0.7851915042666775,
+  "corr_portfolio": 0.10154250257861976,
+  "corr_benchmark": 0.519900179162112,
+  "alpha_pos_frac": 0.5913312693498453,
+  "fund_max_dd": -0.8420370388314375,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.13",
+  "ref_full": "qqq +0.73, ivv +0.27, vnq -0.08, iwm +0.11, gld +0.04"
+ },
+ "spedx": {
+  "sym": "spedx",
+  "name": "Alger Dynamic Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": null,
+  "alpha_t_5y": NaN,
+  "alpha_t_full": -2.1773814793831616,
+  "r2_5y": NaN,
+  "r2_full": 0.6569313152933419,
+  "corr_portfolio": 0.1555013257947815,
+  "corr_benchmark": 0.4515214209563395,
+  "alpha_pos_frac": 0.5571428571428572,
+  "fund_max_dd": -0.2152230715317427,
+  "first": "2009-11-06",
+  "verdict": "no 5y window",
+  "alpha_name": false,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "qqq +0.48, iwm +0.24, ivv -0.20, vnq -0.05, tlt +0.05"
+ },
+ "spegx": {
+  "sym": "spegx",
+  "name": "Alger Responsible Investing Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.031428964860752036,
+  "alpha_t_5y": -1.4352735430891959,
+  "alpha_t_full": -3.0046499712854886,
+  "r2_5y": 0.942110846205268,
+  "r2_full": 0.9490241758849541,
+  "corr_portfolio": 0.16534361471522863,
+  "corr_benchmark": 0.6169070921880421,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.6728879916940299,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.66, ivv +0.38",
+  "ref_full": "qqq +0.53, ivv +0.41, iwm +0.05, vweax +0.09, gld +0.02, vnq -0.02"
+ },
+ "spem": {
+  "sym": "spem",
+  "name": "State Street(R) SPDR(R) Portfolio Emerging Markets ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0033495975883478303,
+  "alpha_t_5y": 0.546021085718462,
+  "alpha_t_full": -0.052721177204843185,
+  "r2_5y": 0.9930506308217548,
+  "r2_full": 0.9301656640363171,
+  "corr_portfolio": 0.2671702087606569,
+  "corr_benchmark": 0.4713164625605704,
+  "alpha_pos_frac": 0.484304932735426,
+  "fund_max_dd": -0.6440955976281577,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.96, vea +0.03",
+  "ref_full": "vwo +0.81, efa +0.07, djp +0.05, vweax +0.15, qqq +0.05, vnq -0.03"
+ },
+ "speu": {
+  "sym": "speu",
+  "name": "State Street(R) SPDR(R) Portfolio Europe ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01054351461949335,
+  "alpha_t_5y": 0.6883128029342387,
+  "alpha_t_full": -0.13475995654194622,
+  "r2_5y": 0.9559468450476164,
+  "r2_full": 0.912864703479018,
+  "corr_portfolio": 0.35389156420011014,
+  "corr_benchmark": 0.5179063666389895,
+  "alpha_pos_frac": 0.47085201793721976,
+  "fund_max_dd": -0.624535155154798,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +1.32, fxe +0.23, vea -0.32, fxy -0.09, vweax +0.15, qqq -0.04",
+  "ref_full": "efa +0.96, fxe +0.17, vweax +0.17, ief -0.21, vwo -0.04, agg +0.16"
+ },
+ "spfax": {
+  "sym": "spfax",
+  "name": "PGIM JENNISON FOCUSED GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07862168206253312,
+  "alpha_t_5y": -2.427173559057048,
+  "alpha_t_full": -1.4756307303177336,
+  "r2_5y": 0.9072756557356368,
+  "r2_full": 0.9013537286707103,
+  "corr_portfolio": 0.07841243536706055,
+  "corr_benchmark": 0.5831294902482805,
+  "alpha_pos_frac": 0.511326860841424,
+  "fund_max_dd": -0.618918023926341,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.06",
+  "ref_full": "qqq +0.87, ivv +0.13, vnq -0.07, iwm +0.06, agg +0.09, fxe +0.04"
+ },
+ "spgbx": {
+  "sym": "spgbx",
+  "name": "Symmetry Panoramic Global Systematic Fixed Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01307202558421973,
+  "alpha_t_5y": -1.5519355141586542,
+  "alpha_t_full": -1.2121397688417757,
+  "r2_5y": 0.8093824560829852,
+  "r2_full": 0.7649572610959036,
+  "corr_portfolio": -0.14366390427942927,
+  "corr_benchmark": 0.6459191015468991,
+  "alpha_pos_frac": 0.5977011494252874,
+  "fund_max_dd": -0.17025727605395313,
+  "first": "2018-11-13",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.17, ief +0.33, vweax +0.14, fxe -0.03, vblix +0.04",
+  "ref_full": "ief +0.30, vweax +0.11, vmbix +0.17, vblix +0.08, fxe -0.03, agg -0.07"
+ },
+ "spgex": {
+  "sym": "spgex",
+  "name": "Symmetry Panoramic Global Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005657434002470377,
+  "alpha_t_5y": 0.315931932466036,
+  "alpha_t_full": 0.9651311596765396,
+  "r2_5y": 0.920808546577217,
+  "r2_full": 0.5899757645962309,
+  "corr_portfolio": 0.2883422078162079,
+  "corr_benchmark": 0.5507913458529868,
+  "alpha_pos_frac": 0.632183908045977,
+  "fund_max_dd": -0.3695271757021328,
+  "first": "2018-11-13",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.53, vea +0.27, iwm +0.13, vwo +0.09, qqq -0.12, gsg +0.02",
+  "ref_full": "iwm +0.27, vea +0.17, fxe +0.36, ivv +0.22, tlt +0.30, agg -0.64"
+ },
+ "spgm": {
+  "sym": "spgm",
+  "name": "State Street(R) SPDR(R) Portfolio MSCI Global Stock Market ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0010924667907285903,
+  "alpha_t_5y": 0.14446312660120647,
+  "alpha_t_full": 0.04281835468465267,
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+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.3396738951253594,
+  "first": "2012-03-06",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.55, vea +0.29, vwo +0.10, iwm +0.06, vweax +0.06, vnq -0.01",
+  "ref_full": "ivv +0.48, vea +0.27, vweax +0.29, vwo +0.05, iwm +0.05"
+ },
+ "spgp": {
+  "sym": "spgp",
+  "name": "Invesco S&P 500 GARP ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01167216446699115,
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+  "r2_full": 0.7897319187081919,
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+  "corr_benchmark": 0.56262163552692,
+  "alpha_pos_frac": 0.5340909090909091,
+  "fund_max_dd": -0.4208225767219662,
+  "first": "2011-06-17",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.07, iwm +0.27, qqq -0.30",
+  "ref_full": "ivv +0.79, iwm +0.20, vweax +0.37, fxe -0.11, efa -0.07"
+ },
+ "spgsx": {
+  "sym": "spgsx",
+  "name": "State Street Premier Growth Equity V.I.S. Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "r2_full": 0.8163976197990845,
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+  "alpha_pos_frac": 0.4886731391585761,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.64, ivv +0.43",
+  "ref_full": "qqq +0.49, ivv +0.54, agg -0.31, ief +0.15"
+ },
+ "spgtx": {
+  "sym": "spgtx",
+  "name": "Symmetry Panoramic Tax Managed Global Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "alpha_t_5y": 0.5844040449699519,
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+  "corr_benchmark": 0.5611595761958311,
+  "alpha_pos_frac": 0.632183908045977,
+  "fund_max_dd": -0.3509820720578448,
+  "first": "2018-11-13",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.52, vea +0.27, iwm +0.13, vwo +0.11, qqq -0.11, gsg +0.02",
+  "ref_full": "iwm +0.34, vea +0.21, fxe +0.30, qqq +0.12, vnq -0.11, tlt +0.10"
+ },
+ "sphb": {
+  "sym": "sphb",
+  "name": "Invesco S&P 500 High Beta ETF",
+  "bucket": "all",
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+  "fund_max_dd": -0.4683571603983159,
+  "first": "2011-05-06",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.41, iwm +0.61, qqq +0.26, vnq -0.15, vea +0.86, efa -0.69",
+  "ref_full": "iwm +0.63, ivv +0.61, gsg +0.07, vnq -0.14, vea +0.69, efa -0.49"
+ },
+ "sphd": {
+  "sym": "sphd",
+  "name": "Invesco S&P 500 High Dividend Low Volatility ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0163421390177129,
+  "alpha_t_5y": 0.6133632501962206,
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+  "r2_full": 0.8580823960785076,
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+  "corr_benchmark": 0.48626547377841384,
+  "alpha_pos_frac": 0.4875,
+  "fund_max_dd": -0.41386653878324575,
+  "first": "2012-10-31",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.35, efa +0.06, qqq -0.80, ivv +1.23, djp +0.04",
+  "ref_full": "vnq +0.32, ivv +1.16, qqq -0.69, efa +0.06, gsg +0.03, iwm +0.05"
+ },
+ "sphq": {
+  "sym": "sphq",
+  "name": "Invesco S&P 500 Quality ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007851308343041053,
+  "alpha_t_5y": 0.35663965682688004,
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+  "r2_5y": 0.8999852220638628,
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+  "corr_benchmark": 0.5929751963390164,
+  "alpha_pos_frac": 0.5919282511210763,
+  "fund_max_dd": -0.5782945183268314,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.84, vea +0.13",
+  "ref_full": "ivv +0.73, qqq +0.10, iwm +0.09, vnq -0.04, gld +0.03, vweax +0.08"
+ },
+ "sphy": {
+  "sym": "sphy",
+  "name": "State Street(R) SPDR(R) Portfolio High Yield Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0008082252803090917,
+  "alpha_t_5y": -0.05834888977862843,
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+  "r2_5y": 0.773318146550063,
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+  "corr_benchmark": 0.5288416057624873,
+  "alpha_pos_frac": 0.47560975609756095,
+  "fund_max_dd": -0.21969347136238093,
+  "first": "2012-06-20",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.14, agg +1.13, vweax +0.45, ief -0.42, vblix -0.14, iwm +0.04",
+  "ref_full": "vweax +0.51, ivv +0.13, agg +0.26, vnq +0.05"
+ },
+ "spiax": {
+  "sym": "spiax",
+  "name": "INVESCO S&P 500 INDEX FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003892219037962976,
+  "alpha_t_5y": -0.7500066935058011,
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+  "r2_5y": 0.9945534803993717,
+  "r2_full": 0.987354963680869,
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+  "corr_benchmark": 0.614014845380336,
+  "alpha_pos_frac": 0.5275080906148867,
+  "fund_max_dd": -0.5547379767424678,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.96, qqq +0.02, iwm +0.01",
+  "ref_full": "ivv +0.96, vnq +0.01, vwo +0.01, qqq +0.02, gsg +0.01"
+ },
+ "spib": {
+  "sym": "spib",
+  "name": "State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0005170499129822369,
+  "alpha_t_5y": 0.10545222862466057,
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+  "r2_5y": 0.9282060855819092,
+  "r2_full": 0.6205015041840347,
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+  "corr_benchmark": 0.6877273324311332,
+  "alpha_pos_frac": 0.42196531791907516,
+  "fund_max_dd": -0.14936516197717886,
+  "first": "2009-02-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.91, tlt -0.21, ivv +0.03, vmbix -0.15, vblix +0.12, ief +0.13",
+  "ref_full": "agg +0.44, vweax +0.18, ief +0.28, tlt -0.06, ivv +0.02, gld +0.01"
+ },
+ "spilx": {
+  "sym": "spilx",
+  "name": "Symmetry Panoramic International Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.008403595526252562,
+  "alpha_t_5y": 0.42461138054238745,
+  "alpha_t_full": 0.927833569249514,
+  "r2_5y": 0.901181153090666,
+  "r2_full": 0.5930394236940276,
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+  "corr_benchmark": 0.4860863098815355,
+  "alpha_pos_frac": 0.5517241379310345,
+  "fund_max_dd": -0.3669319148593564,
+  "first": "2018-11-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.87, vwo +0.25, efa -0.26, djp +0.03, vnq -0.04, vweax +0.11",
+  "ref_full": "vea +0.57, fxe +0.37, vwo +0.15, vnq -0.08, tlt +0.29, agg -0.60"
+ },
+ "spinx": {
+  "sym": "spinx",
+  "name": "SIIT S&P 500 Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0008825994067415214,
+  "alpha_t_5y": -0.1673256405695595,
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+  "r2_5y": 0.9944094696300239,
+  "r2_full": 0.9505642508870152,
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+  "corr_benchmark": 0.6060957722112987,
+  "alpha_pos_frac": 0.5205479452054794,
+  "fund_max_dd": -0.3381615912609902,
+  "first": "2013-12-20",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.96, qqq +0.02, iwm +0.01",
+  "ref_full": "ivv +0.92, vweax +0.13, gld -0.02, qqq +0.03"
+ },
+ "spip": {
+  "sym": "spip",
+  "name": "State Street(R) SPDR(R) Portfolio TIPS ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0001884205404123066,
+  "alpha_t_5y": 0.012468226297335645,
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+  "r2_full": 0.6132917980889292,
+  "corr_portfolio": -0.05338143466673184,
+  "corr_benchmark": 0.616785627284084,
+  "alpha_pos_frac": 0.5288888888888889,
+  "fund_max_dd": -0.15384320672535434,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.39, gsg +0.03, ief +0.40, djp +0.04",
+  "ref_full": "ief +0.49, gsg +0.04, agg +0.22, vweax +0.10, tlt +0.06, gld +0.02"
+ },
+ "splb": {
+  "sym": "splb",
+  "name": "State Street(R) SPDR(R) Portfolio Long Term Corporate Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.001643818992599515,
+  "alpha_t_5y": -0.1336044532300551,
+  "alpha_t_full": -0.7995032394497968,
+  "r2_5y": 0.9456166546034491,
+  "r2_full": 0.7219264382783048,
+  "corr_portfolio": -0.024592984363954094,
+  "corr_benchmark": 0.7850195034216941,
+  "alpha_pos_frac": 0.43352601156069365,
+  "fund_max_dd": -0.34461214366904447,
+  "first": "2009-03-12",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.60, ivv +0.10, agg +2.62, ief -1.02, vmbix -0.64, vweax -0.15",
+  "ref_full": "agg +1.45, tlt +0.52, ivv +0.09, ief -0.70, vweax +0.33"
+ },
+ "splv": {
+  "sym": "splv",
+  "name": "Invesco S&P 500 Low Volatility ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010503501869023624,
+  "alpha_t_5y": -0.3946427321125469,
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+  "r2_5y": 0.7429513031676807,
+  "r2_full": 0.819258726067456,
+  "corr_portfolio": 0.34073076944107844,
+  "corr_benchmark": 0.5286972473884982,
+  "alpha_pos_frac": 0.5393258426966292,
+  "fund_max_dd": -0.36261436357625043,
+  "first": "2011-05-06",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.31, ivv +1.24, qqq -0.61, iwm -0.16, vwo -0.06, ief +0.10",
+  "ref_full": "vnq +0.30, ivv +1.17, qqq -0.42, iwm -0.19, gsg -0.03, vwo -0.04"
+ },
+ "spmb": {
+  "sym": "spmb",
+  "name": "State Street(R) SPDR(R) Portfolio Mortgage Backed Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.001793038299491995,
+  "alpha_t_5y": 0.2862817793782509,
+  "alpha_t_full": -0.49624527419596676,
+  "r2_5y": 0.9473587344317556,
+  "r2_full": 0.4003861514149427,
+  "corr_portfolio": -0.011845346050258483,
+  "corr_benchmark": 0.5651515306138521,
+  "alpha_pos_frac": 0.47398843930635837,
+  "fund_max_dd": -0.1803333934596375,
+  "first": "2009-02-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.72, agg +0.43, vblix -0.05",
+  "ref_full": "agg +1.18, tlt -0.12, vnq +0.02, fxe -0.03"
+ },
+ "spmd": {
+  "sym": "spmd",
+  "name": "State Street(R) SPDR(R) Portfolio S&P 400(TM) Mid Cap ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00841816279532428,
+  "alpha_t_5y": -0.45396678917085065,
+  "alpha_t_full": -0.7747795549173755,
+  "r2_5y": 0.9500058115037964,
+  "r2_full": 0.8970945429336352,
+  "corr_portfolio": 0.3071831547947461,
+  "corr_benchmark": 0.5411668990848592,
+  "alpha_pos_frac": 0.5855263157894737,
+  "fund_max_dd": -0.4186114008075352,
+  "first": "2013-07-10",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.59, ivv +0.57, qqq -0.25, vnq +0.05, fxy -0.08, vea +0.08",
+  "ref_full": "iwm +0.61, ivv +0.53, qqq -0.21, vnq +0.05, vweax +0.10"
+ },
+ "spmfx": {
+  "sym": "spmfx",
+  "name": "Symmetry Panoramic Municipal Fixed Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.017242548857001716,
+  "alpha_t_5y": -2.631700283461765,
+  "alpha_t_full": -2.252664825163263,
+  "r2_5y": 0.3427767612470781,
+  "r2_full": 0.32630888367998157,
+  "corr_portfolio": 0.042020657455235706,
+  "corr_benchmark": 0.4115819769995423,
+  "alpha_pos_frac": 0.45977011494252873,
+  "fund_max_dd": -0.0537610570186261,
+  "first": "2018-11-13",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.15, vweax +0.08",
+  "ref_full": "vmbix +0.08, vweax +0.09, vblix +0.03, gsg -0.01, fxy +0.02"
+ },
+ "spmo": {
+  "sym": "spmo",
+  "name": "Invesco S&P 500 Momentum ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.028902827055418936,
+  "alpha_t_5y": 0.7195476078664902,
+  "alpha_t_full": 0.5872947203262238,
+  "r2_5y": 0.7851390225914626,
+  "r2_full": 0.743718861174376,
+  "corr_portfolio": 0.23439672328782793,
+  "corr_benchmark": 0.5377880335163583,
+  "alpha_pos_frac": 0.512,
+  "fund_max_dd": -0.3094754342439773,
+  "first": "2015-10-13",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.05, vnq -0.20, vea +1.63, efa -1.40, fxe -0.18, vweax -0.27",
+  "ref_full": "ivv +0.61, qqq +0.33, gld +0.08, vmbix -0.21, vblix +0.23, agg -0.52"
+ },
+ "spqax": {
+  "sym": "spqax",
+  "name": "PGIM JENNISON GLOBAL EQUITY INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.009910068565233805,
+  "alpha_t_5y": 0.48282605072142504,
+  "alpha_t_full": 0.3351354147287458,
+  "r2_5y": 0.8800341661953094,
+  "r2_full": 0.8991560343248687,
+  "corr_portfolio": 0.3930154358289163,
+  "corr_benchmark": 0.5739617724755451,
+  "alpha_pos_frac": 0.47085201793721976,
+  "fund_max_dd": -0.5135384747664761,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.43, ivv +0.66, qqq -0.27, vnq +0.08",
+  "ref_full": "ivv +0.56, efa +0.23, vweax +0.24, iwm +0.10, qqq -0.10, gsg +0.03"
+ },
+ "sprax": {
+  "sym": "sprax",
+  "name": "PGIM QUANT SOLUTIONS MID-CAP VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.027698923665509315,
+  "alpha_t_5y": 1.1102949427514046,
+  "alpha_t_full": 0.48146334590640866,
+  "r2_5y": 0.8997975721945465,
+  "r2_full": 0.9107703357574514,
+  "corr_portfolio": 0.3959868143618255,
+  "corr_benchmark": 0.495189000615195,
+  "alpha_pos_frac": 0.5291828793774319,
+  "fund_max_dd": -0.6282373710442972,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.45, vnq +0.08, efa +0.10, ief -0.07, qqq -0.64, ivv +1.09",
+  "ref_full": "iwm +0.49, ivv +0.96, qqq -0.48, vweax +0.22, djp +0.07, gld -0.04"
+ },
+ "spsb": {
+  "sym": "spsb",
+  "name": "State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.001149900721810994,
+  "alpha_t_5y": 0.3380860673774131,
+  "alpha_t_full": 0.4052731121872132,
+  "r2_5y": 0.8203210308850797,
+  "r2_full": 0.33003953366758476,
+  "corr_portfolio": 0.049795381631569616,
+  "corr_benchmark": 0.42754426748570534,
+  "alpha_pos_frac": 0.4175257731958763,
+  "fund_max_dd": -0.11753410138601694,
+  "first": "2010-01-05",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.54, tlt -0.12, vmbix -0.07, ief +0.06, vweax +0.02, fxy +0.01",
+  "ref_full": "agg +0.37, tlt -0.07, vweax +0.09, gld +0.01, vmbix +0.05"
+ },
+ "spsm": {
+  "sym": "spsm",
+  "name": "State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017025756736873628,
+  "alpha_t_5y": 0.885911239131568,
+  "alpha_t_full": 0.8566379993528349,
+  "r2_5y": 0.9549920451936282,
+  "r2_full": 0.9428839978182835,
+  "corr_portfolio": 0.30816582262298364,
+  "corr_benchmark": 0.5124517261005846,
+  "alpha_pos_frac": 0.4342105263157895,
+  "fund_max_dd": -0.42890311805457404,
+  "first": "2013-07-10",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.91, qqq -0.32, ivv +0.41, gld -0.04",
+  "ref_full": "iwm +0.93, qqq -0.22, ivv +0.27, gld -0.03, vweax +0.08"
+ },
+ "spti": {
+  "sym": "spti",
+  "name": "State Street(R) SPDR(R) Portfolio Intermediate Term Treasury ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0015194207822377083,
+  "alpha_t_5y": -0.49321010149876604,
+  "alpha_t_full": 0.19938655047559678,
+  "r2_5y": 0.9800223746663445,
+  "r2_full": 0.6741720949800212,
+  "corr_portfolio": -0.1952352553666767,
+  "corr_benchmark": 0.573867825431277,
+  "alpha_pos_frac": 0.5086705202312138,
+  "fund_max_dd": -0.16113371609549165,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.72, tlt -0.11, agg +0.27, ivv -0.01, vblix -0.03",
+  "ref_full": "ief +0.62, tlt -0.07, qqq -0.02, vweax +0.04, agg +0.05, fxe +0.02"
+ },
+ "sptl": {
+  "sym": "sptl",
+  "name": "State Street(R) SPDR(R) Portfolio Long Term Treasury ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.001463823453543695,
+  "alpha_t_5y": 0.39242785688134435,
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+  "r2_5y": 0.9961996705752296,
+  "r2_full": 0.9397955582464,
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+  "corr_benchmark": 0.6411961260729345,
+  "alpha_pos_frac": 0.5433526011560693,
+  "fund_max_dd": -0.4619654036724331,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "tlt +0.72, ief +0.22, vblix +0.16, vmbix -0.06, efa -0.01, vweax -0.03",
+  "ref_full": "tlt +0.80, ief +0.19, vwo +0.01"
+ },
+ "sptm": {
+  "sym": "sptm",
+  "name": "State Street(R) SPDR(R) Portfolio S&P 1500(R) Composite Stock Market ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0013951476325406846,
+  "alpha_t_5y": 0.3627968082787364,
+  "alpha_t_full": 0.3582804223518813,
+  "r2_5y": 0.9969971518266509,
+  "r2_full": 0.8630908758456446,
+  "corr_portfolio": 0.2862996281271352,
+  "corr_benchmark": 0.610320941799692,
+  "alpha_pos_frac": 0.5498281786941581,
+  "fund_max_dd": -0.5480140880174706,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.94, iwm +0.06, qqq -0.01, vweax +0.02",
+  "ref_full": "ivv +0.78, agg -1.02, ief +0.57, iwm +0.14, vweax +0.18, vnq +0.03"
+ },
+ "spts": {
+  "sym": "spts",
+  "name": "State Street(R) SPDR(R) Portfolio Short Term Treasury ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002918988030304069,
+  "alpha_t_5y": -0.8514486529440746,
+  "alpha_t_full": -0.07498361813975485,
+  "r2_5y": 0.8156860778385929,
+  "r2_full": 0.20079611440957934,
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+  "corr_benchmark": 0.23346453201919723,
+  "alpha_pos_frac": 0.45614035087719296,
+  "fund_max_dd": -0.05825318887504449,
+  "first": "2011-12-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.22, tlt -0.08, agg +0.28, ivv -0.02, vblix -0.06, fxy +0.01",
+  "ref_full": "ief +0.35, tlt -0.07"
+ },
+ "spubx": {
+  "sym": "spubx",
+  "name": "Symmetry Panoramic US Systematic Fixed Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003090634972159064,
+  "alpha_t_5y": -0.43891272567854334,
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+  "r2_5y": 0.8661701532490202,
+  "r2_full": 0.8453893138014109,
+  "corr_portfolio": -0.1258995576029626,
+  "corr_benchmark": 0.667411929174259,
+  "alpha_pos_frac": 0.5057471264367817,
+  "fund_max_dd": -0.13692420053323673,
+  "first": "2018-11-13",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.33, vmbix +0.15, ief +0.17, vweax +0.04, fxy +0.02",
+  "ref_full": "ief +0.26, vmbix +0.27, vweax +0.03, vblix +0.12, tlt -0.07, fxy +0.02"
+ },
+ "spusx": {
+  "sym": "spusx",
+  "name": "Symmetry Panoramic US Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007552764765909878,
+  "alpha_t_5y": 0.3911907679805278,
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+  "r2_5y": 0.9228237577574726,
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+  "corr_benchmark": 0.5486144628673522,
+  "alpha_pos_frac": 0.5287356321839081,
+  "fund_max_dd": -0.3843508851086732,
+  "first": "2018-11-13",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.90, iwm +0.22, qqq -0.20, vea +0.05",
+  "ref_full": "iwm +0.41, ivv +0.47, tlt +0.12, fxe +0.33, vwo -0.17, vnq -0.12"
+ },
+ "spvm": {
+  "sym": "spvm",
+  "name": "Invesco S&P 500 Value with Momentum ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01421108329038408,
+  "alpha_t_5y": 0.5571104113379164,
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+  "r2_5y": 0.8665113390577655,
+  "r2_full": 0.7838671759232411,
+  "corr_portfolio": 0.4377787450216702,
+  "corr_benchmark": 0.4552331865358623,
+  "alpha_pos_frac": 0.5113636363636364,
+  "fund_max_dd": -0.4535285069835572,
+  "first": "2011-06-17",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.28, ivv +1.53, qqq -0.89, ief -0.16, gsg +0.04, efa +0.07",
+  "ref_full": "ivv +1.31, qqq -0.69, iwm +0.22, vweax +0.39, ief -0.16, gsg +0.04"
+ },
+ "spyd": {
+  "sym": "spyd",
+  "name": "State Street(R) SPDR(R) Portfolio S&P 500(R) High Dividend ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.029630763479585997,
+  "alpha_t_5y": 1.1307928073338616,
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+  "r2_5y": 0.8535959917721317,
+  "r2_full": 0.8763420320059812,
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+  "corr_benchmark": 0.48020272781743806,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.46420002972848695,
+  "first": "2015-10-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.31, iwm +0.22, qqq -0.82, ivv +1.23, djp +0.08, gld -0.04",
+  "ref_full": "vnq +0.31, iwm +0.23, tlt -0.04, qqq -0.77, ivv +1.21, gsg +0.05"
+ },
+ "spyg": {
+  "sym": "spyg",
+  "name": "State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01281260523920006,
+  "alpha_t_5y": -0.9023298849196361,
+  "alpha_t_full": -0.5300975623310489,
+  "r2_5y": 0.9745738151923758,
+  "r2_full": 0.9578799804340131,
+  "corr_portfolio": 0.18670656459837065,
+  "corr_benchmark": 0.6247492508655842,
+  "alpha_pos_frac": 0.5336322869955157,
+  "fund_max_dd": -0.6764212615737084,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.56, ivv +0.64, iwm -0.06, vnq -0.05, vea -0.04",
+  "ref_full": "qqq +0.45, ivv +0.63, vnq -0.02, gld +0.02, efa -0.07, fxe +0.05"
+ },
+ "spygx": {
+  "sym": "spygx",
+  "name": "Spyglass Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.08014126121079351,
+  "alpha_t_5y": -1.2154352091086982,
+  "alpha_t_full": -0.3496234531011818,
+  "r2_5y": 0.7289590654882849,
+  "r2_full": 0.7597896852618395,
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+  "corr_benchmark": 0.5931339271498434,
+  "alpha_pos_frac": 0.47959183673469385,
+  "fund_max_dd": -0.5774077552256748,
+  "first": "2018-01-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.82, iwm +0.69, vea -0.21, vweax +0.51, ivv -0.32",
+  "ref_full": "qqq +0.84, iwm +0.69, ivv -0.40, vblix +0.13, vea -0.14"
+ },
+ "spyv": {
+  "sym": "spyv",
+  "name": "State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.015812321639688053,
+  "alpha_t_5y": 0.9742311228823483,
+  "alpha_t_full": 0.5173855821466217,
+  "r2_5y": 0.9266653503039398,
+  "r2_full": 0.9235725319236505,
+  "corr_portfolio": 0.37915651896427016,
+  "corr_benchmark": 0.5385096491023775,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.5844807705543409,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.32, qqq -0.58, iwm +0.09, vnq +0.07, vea +0.04",
+  "ref_full": "ivv +1.18, qqq -0.40, iwm +0.09, vnq +0.04, tlt -0.05, vweax +0.09"
+ },
+ "spyx": {
+  "sym": "spyx",
+  "name": "State Street(R) SPDR(R) S&P(R) 500 Fossil Fuel Reserves Free ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0006128549935603652,
+  "alpha_t_5y": -0.10157729089493854,
+  "alpha_t_full": 0.14763887408170798,
+  "r2_5y": 0.9927394019053115,
+  "r2_full": 0.9727048543733027,
+  "corr_portfolio": 0.24389944389714724,
+  "corr_benchmark": 0.6371281578554063,
+  "alpha_pos_frac": 0.5609756097560976,
+  "fund_max_dd": -0.3284015235437633,
+  "first": "2015-12-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.97, gsg -0.02, qqq +0.03",
+  "ref_full": "ivv +0.94, gsg -0.02, qqq +0.04, vweax +0.05"
+ },
+ "sqmax": {
+  "sym": "sqmax",
+  "name": "DWS Massachusetts Tax-Free Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.021378059472158477,
+  "alpha_t_5y": -1.7913547465984772,
+  "alpha_t_full": 0.4731798973797969,
+  "r2_5y": 0.41471479601020356,
+  "r2_full": 0.23796412422460966,
+  "corr_portfolio": 0.013999399708583974,
+  "corr_benchmark": 0.3628780192644691,
+  "alpha_pos_frac": 0.5895953757225434,
+  "fund_max_dd": -0.15453053487135182,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.30, ief +0.08, ivv -0.06, vnq +0.02, vblix +0.22, tlt -0.14",
+  "ref_full": "agg +0.17, vweax +0.25, fxy +0.05, efa -0.03, vnq +0.01, gsg -0.01"
+ },
+ "sraax": {
+  "sym": "sraax",
+  "name": "SIMT Real Return Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0011561695189680069,
+  "alpha_t_5y": 0.14596083757798406,
+  "alpha_t_full": 0.07726796548615701,
+  "r2_5y": 0.6361546335236679,
+  "r2_full": 0.5360252807508248,
+  "corr_portfolio": 0.010490632838661624,
+  "corr_benchmark": 0.45095329530124595,
+  "alpha_pos_frac": 0.48205128205128206,
+  "fund_max_dd": -0.0671450464493153,
+  "first": "2009-07-07",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "vmbix +0.04, gsg +0.04, ief +0.35, tlt -0.16, agg +0.27, vwo -0.01",
+  "ref_full": "agg +0.11, gsg +0.03, ief +0.38, tlt -0.11, vweax +0.03, gld +0.01"
+ },
+ "sreax": {
+  "sym": "sreax",
+  "name": "PGIM Select Real Estate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009795398440893676,
+  "alpha_t_5y": -0.5028802249348002,
+  "alpha_t_full": 0.4965929225233243,
+  "r2_5y": 0.9183767413586451,
+  "r2_full": 0.9130687747907603,
+  "corr_portfolio": 0.2825879100269735,
+  "corr_benchmark": 0.5951843966975151,
+  "alpha_pos_frac": 0.539568345323741,
+  "fund_max_dd": -0.39140088141481444,
+  "first": "2014-08-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.70, vea +0.28, ivv -0.09, vweax +0.13",
+  "ref_full": "vnq +0.68, vea +0.26, ivv -0.18, vweax +0.16, qqq +0.07, fxe +0.06"
+ },
+ "srigx": {
+  "sym": "srigx",
+  "name": "Gabelli SRI Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01896473635114385,
+  "alpha_t_5y": -1.0919815556535282,
+  "alpha_t_full": -0.4114278205263277,
+  "r2_5y": 0.9243089995400673,
+  "r2_full": 0.8646336903620748,
+  "corr_portfolio": 0.36907937245040595,
+  "corr_benchmark": 0.5845649845886152,
+  "alpha_pos_frac": 0.4533333333333333,
+  "fund_max_dd": -0.4778632788996606,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.84, efa +0.30, qqq -0.38, iwm +0.17, gsg -0.04, vweax +0.19",
+  "ref_full": "ivv +0.44, iwm +0.25, efa +0.20, vweax +0.24, qqq -0.07, fxe +0.06"
+ },
+ "srmax": {
+  "sym": "srmax",
+  "name": "DWS Short-Term Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013686210379820471,
+  "alpha_t_5y": -2.690355167810339,
+  "alpha_t_full": -0.7324119670530853,
+  "r2_5y": 0.35454778214261107,
+  "r2_full": 0.1839489629572315,
+  "corr_portfolio": 0.03804659058127346,
+  "corr_benchmark": 0.2941469755261842,
+  "alpha_pos_frac": 0.5181159420289855,
+  "fund_max_dd": -0.0554284700100095,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.17, ief +0.04, ivv -0.02",
+  "ref_full": "vweax +0.09, agg +0.05, fxy +0.01, efa -0.01, vnq +0.00, vwo +0.01"
+ },
+ "srtmx": {
+  "sym": "srtmx",
+  "name": "Series M",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.021993898203276654,
+  "alpha_t_5y": -2.383789986041744,
+  "alpha_t_full": -0.9953081981025105,
+  "r2_5y": 0.3298593763866753,
+  "r2_full": 0.07251840280565613,
+  "corr_portfolio": 0.03270307035529143,
+  "corr_benchmark": 0.3187025187101844,
+  "alpha_pos_frac": 0.5079365079365079,
+  "fund_max_dd": -0.15874564701135796,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.15, vweax +0.23, ivv -0.03",
+  "ref_full": "agg +0.17, vweax +0.16, fxy +0.04"
+ },
+ "srwax": {
+  "sym": "srwax",
+  "name": "SAAT MARKET GROWTH STRATEGY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0049023847658919845,
+  "alpha_t_5y": -0.47709690099509205,
+  "alpha_t_full": -1.9680776733654675,
+  "r2_5y": 0.9322050300337957,
+  "r2_full": 0.9329968325289819,
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+  "corr_benchmark": 0.6739793143001525,
+  "alpha_pos_frac": 0.5874439461883408,
+  "fund_max_dd": -0.4690255887605007,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.23, ivv +0.21, ief +0.17, vweax +0.21, djp +0.04, iwm +0.05",
+  "ref_full": "ivv +0.20, efa +0.16, vweax +0.26, iwm +0.09, vwo +0.07, ief +0.13"
+ },
+ "sscgx": {
+  "sym": "sscgx",
+  "name": "SIMT SMALL CAP GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03549021064777737,
+  "alpha_t_5y": -1.6340673345785324,
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+  "r2_5y": 0.9466282248187217,
+  "r2_full": 0.9021365067162934,
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+  "corr_benchmark": 0.5251892794294326,
+  "alpha_pos_frac": 0.5408560311284046,
+  "fund_max_dd": -0.6915843801946028,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.89, qqq +0.13, vnq -0.06",
+  "ref_full": "iwm +0.87, qqq +0.22, vnq -0.03, vweax +0.12, djp +0.04, ivv -0.10"
+ },
+ "sscvx": {
+  "sym": "sscvx",
+  "name": "Columbia Select Small Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007713044175394434,
+  "alpha_t_5y": 0.2909852966285788,
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+  "r2_5y": 0.912048339546665,
+  "r2_full": 0.9222417880992344,
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+  "alpha_pos_frac": 0.4708171206225681,
+  "fund_max_dd": -0.6397931076035683,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.75, vnq +0.03, ief -0.14, efa +0.04, qqq -0.44, ivv +0.69",
+  "ref_full": "iwm +0.78, ivv +0.39, qqq -0.17, vweax +0.13, tlt -0.11, agg +0.23"
+ },
+ "ssdix": {
+  "sym": "ssdix",
+  "name": "DWS Small Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03881401623077449,
+  "alpha_t_5y": -1.5913954945007482,
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+  "r2_5y": 0.9291386139019214,
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+  "corr_benchmark": 0.5547190085590515,
+  "alpha_pos_frac": 0.49606299212598426,
+  "fund_max_dd": -0.6603229706913764,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.84, qqq +0.20, ivv -0.11",
+  "ref_full": "iwm +0.83, qqq +0.21, vnq -0.03, vweax +0.09, djp +0.02, ivv -0.06"
+ },
+ "sseax": {
+  "sym": "sseax",
+  "name": "SIIT Screened World Equity Ex-US Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0007783720870964067,
+  "alpha_t_5y": -0.03549480320026594,
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+  "r2_5y": 0.8673616883388485,
+  "r2_full": 0.8770065056399856,
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+  "corr_benchmark": 0.4862911229803079,
+  "alpha_pos_frac": 0.4508670520231214,
+  "fund_max_dd": -0.5537525492215161,
+  "first": "2008-07-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.62, vwo +0.16, vweax +0.39, agg -0.42, vblix +0.10",
+  "ref_full": "vea +0.29, vwo +0.17, vweax +0.48, ief -0.13, efa +0.27, djp +0.02"
+ },
+ "ssgax": {
+  "sym": "ssgax",
+  "name": "SAAT AGGRESSIVE STRATEGY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0003634362527898798,
+  "alpha_t_5y": 0.028816456880231895,
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+  "r2_5y": 0.9387104510053845,
+  "r2_full": 0.9432891651136787,
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+  "corr_benchmark": 0.6289429362703423,
+  "alpha_pos_frac": 0.45664739884393063,
+  "fund_max_dd": -0.5639911490709185,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.28, ivv +0.28, vweax +0.21, iwm +0.07, vwo +0.06, vblix +0.04",
+  "ref_full": "ivv +0.27, efa +0.19, vweax +0.26, iwm +0.12, vwo +0.09, agg +0.07"
+ },
+ "ssgfx": {
+  "sym": "ssgfx",
+  "name": "SATURNA GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03331112729289755,
+  "alpha_t_5y": -1.9108930729246734,
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+  "r2_5y": 0.9514885743607215,
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+  "corr_benchmark": 0.6143466884077321,
+  "alpha_pos_frac": 0.5381165919282511,
+  "fund_max_dd": -0.48534010056793586,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.76, qqq +0.36, iwm -0.07, gsg -0.02, vea -0.07, fxe +0.07",
+  "ref_full": "qqq +0.40, ivv +0.53, vnq -0.04, vwo -0.03, iwm +0.04, vweax +0.07"
+ },
+ "sshfx": {
+  "sym": "sshfx",
+  "name": "Sound Shore Fund, Inc.",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.013701688958189656,
+  "alpha_t_5y": 0.5415083432735011,
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+  "r2_5y": 0.8747088738986708,
+  "r2_full": 0.9231097576542782,
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+  "corr_benchmark": 0.5427631973380292,
+  "alpha_pos_frac": 0.48878923766816146,
+  "fund_max_dd": -0.5262426446238028,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.26, ivv +1.14, qqq -0.53, vea +0.14",
+  "ref_full": "ivv +0.92, iwm +0.22, qqq -0.27, efa +0.14, vnq -0.06, vweax +0.13"
+ },
+ "ssifx": {
+  "sym": "ssifx",
+  "name": "Saturna International Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02132254759109785,
+  "alpha_t_5y": -0.6706447924702054,
+  "alpha_t_full": -1.7901016622348318,
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+  "r2_full": 0.8165751691260008,
+  "corr_portfolio": 0.21056869713557577,
+  "corr_benchmark": 0.5995337613150674,
+  "alpha_pos_frac": 0.4977578475336323,
+  "fund_max_dd": -0.5624479281017112,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.64, qqq +0.49, ivv -0.17, gsg -0.04",
+  "ref_full": "efa +0.38, qqq +0.30, vweax +0.32, vnq -0.09, gld +0.07, iwm +0.09"
+ },
+ "ssmax": {
+  "sym": "ssmax",
+  "name": "SIIT SMALL MID CAP EQUITY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01514811024767041,
+  "alpha_t_5y": -0.9497018323035705,
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+  "r2_5y": 0.960975536144706,
+  "r2_full": 0.923721989536542,
+  "corr_portfolio": 0.31147828706163755,
+  "corr_benchmark": 0.5262843223931724,
+  "alpha_pos_frac": 0.6081081081081081,
+  "fund_max_dd": -0.628231017564227,
+  "first": "2007-09-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.66, ivv +0.55, qqq -0.27, gld -0.04, vea +0.05",
+  "ref_full": "iwm +0.67, ivv +0.16, vnq +0.05, vea +0.05, vweax +0.13, ief -0.09"
+ },
+ "sspix": {
+  "sym": "sspix",
+  "name": "SIMT S&P 500 Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0019966865109394983,
+  "alpha_t_5y": -0.44652209969988077,
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+  "r2_5y": 0.9959653537161497,
+  "r2_full": 0.9686090633191313,
+  "corr_portfolio": 0.28268726919998716,
+  "corr_benchmark": 0.6052421363701266,
+  "alpha_pos_frac": 0.5339805825242718,
+  "fund_max_dd": -0.5565430493206387,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.97, qqq +0.02, iwm +0.01",
+  "ref_full": "ivv +0.92, vwo +0.02, vnq +0.02, gld -0.01, qqq +0.03, vweax +0.04"
+ },
+ "stbax": {
+  "sym": "stbax",
+  "name": "INVESCO Short Term Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004069147046679687,
+  "alpha_t_5y": -0.685908408856218,
+  "alpha_t_full": -0.7499031972503628,
+  "r2_5y": 0.6095170453310916,
+  "r2_full": 0.3442160704207553,
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+  "corr_benchmark": 0.369882680089354,
+  "alpha_pos_frac": 0.4913294797687861,
+  "fund_max_dd": -0.09450564540684947,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.03, vweax +0.13, ivv -0.02, tlt -0.25, ief +0.27, vblix +0.22",
+  "ref_full": "vweax +0.19, ief +0.21, tlt -0.07, ivv -0.01, agg +0.05"
+ },
+ "stdax": {
+  "sym": "stdax",
+  "name": "SAAT DEFENSIVE STRATEGY ALLOCATION FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00356480761393116,
+  "alpha_t_5y": -1.102471020645315,
+  "alpha_t_full": -0.16031239356733734,
+  "r2_5y": 0.44995823137947266,
+  "r2_full": 0.5326233473884298,
+  "corr_portfolio": 0.2997942396937014,
+  "corr_benchmark": 0.36455296457093567,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.5292226980025216,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.11, vea +0.01, fxy -0.01, tlt +0.01",
+  "ref_full": "vnq +0.21, efa +0.12, fxy -0.10, vweax +0.13, tlt -0.11, agg +0.20"
+ },
+ "stesx": {
+  "sym": "stesx",
+  "name": "International Strategic Equities Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007234577608597295,
+  "alpha_t_5y": 0.39572147044373995,
+  "alpha_t_full": -0.4247485325160864,
+  "r2_5y": 0.9324276146550564,
+  "r2_full": 0.9311978393626503,
+  "corr_portfolio": 0.36473982533080646,
+  "corr_benchmark": 0.5584301971305775,
+  "alpha_pos_frac": 0.45081967213114754,
+  "fund_max_dd": -0.36859764235254533,
+  "first": "2015-12-22",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +1.01, vwo +0.20, fxy -0.10, vnq -0.07, qqq +0.05, efa -0.22",
+  "ref_full": "vea +0.69, vwo +0.17, qqq +0.08, vnq -0.06, gld +0.04, vweax +0.09"
+ },
+ "sthyx": {
+  "sym": "sthyx",
+  "name": "AB Sustainable Thematic Credit Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009200310820914118,
+  "alpha_t_5y": -1.4931856058908626,
+  "alpha_t_full": -1.4931856058908626,
+  "r2_5y": 0.9517776031536302,
+  "r2_full": 0.9517776031536302,
+  "corr_portfolio": -0.07957782730036313,
+  "corr_benchmark": 0.8109439947762732,
+  "alpha_pos_frac": 0.6896551724137931,
+  "fund_max_dd": -0.24272254624496137,
+  "first": "2021-05-11",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.63, vweax +0.20, ief +0.24, tlt -0.27",
+  "ref_full": "vblix +0.63, vweax +0.20, ief +0.24, tlt -0.27"
+ },
+ "stiax": {
+  "sym": "stiax",
+  "name": "Federated Hermes Strategic Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003564040863997932,
+  "alpha_t_5y": -0.394546012364716,
+  "alpha_t_full": 0.07144821663403868,
+  "r2_5y": 0.8169779481161017,
+  "r2_full": 0.7138318943905787,
+  "corr_portfolio": 0.25381585705098425,
+  "corr_benchmark": 0.6302474531575851,
+  "alpha_pos_frac": 0.5230769230769231,
+  "fund_max_dd": -0.22115550758243252,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.44, vmbix +0.25, vea +0.05, iwm +0.03, agg +0.14, qqq -0.02",
+  "ref_full": "vweax +0.55, agg +0.13, efa +0.03, ief +0.10, iwm +0.02, djp +0.02"
+ },
+ "stmsx": {
+  "sym": "stmsx",
+  "name": "SIMT TAX-MANAGED SMALL/MID CAP FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010689251374105244,
+  "alpha_t_5y": -0.6342410347703876,
+  "alpha_t_full": -1.2409668892664818,
+  "r2_5y": 0.9581115395767525,
+  "r2_full": 0.9484149139753945,
+  "corr_portfolio": 0.3180557327903571,
+  "corr_benchmark": 0.5302914246985766,
+  "alpha_pos_frac": 0.5317919075144508,
+  "fund_max_dd": -0.6077818374490643,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.70, ivv +0.48, qqq -0.23, agg -0.28, vblix +0.09, vea +0.04",
+  "ref_full": "iwm +0.69, ivv +0.17, efa +0.06, vweax +0.14, ief -0.09, vnq +0.03"
+ },
+ "stsvx": {
+  "sym": "stsvx",
+  "name": "BNY Mellon Small Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00809710558846632,
+  "alpha_t_5y": -0.34896825165524903,
+  "alpha_t_full": 0.7060985707155244,
+  "r2_5y": 0.930420794639907,
+  "r2_full": 0.9478950199620064,
+  "corr_portfolio": 0.3313703865662111,
+  "corr_benchmark": 0.4808594821700588,
+  "alpha_pos_frac": 0.4827586206896552,
+  "fund_max_dd": -0.5804729586881874,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.81, qqq -0.43, ivv +0.62, djp +0.06, ief -0.11",
+  "ref_full": "iwm +0.86, vnq +0.04, tlt -0.06, qqq -0.24, ivv +0.30, djp +0.03"
+ },
+ "suhax": {
+  "sym": "suhax",
+  "name": "DWS Health and Wellness Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0197429043005061,
+  "alpha_t_5y": -0.46535913221180625,
+  "alpha_t_full": 0.4579895889668694,
+  "r2_5y": 0.5506873546227127,
+  "r2_full": 0.6873716673249115,
+  "corr_portfolio": 0.22652269774731623,
+  "corr_benchmark": 0.5012666223702624,
+  "alpha_pos_frac": 0.5234042553191489,
+  "fund_max_dd": -0.41645234070476567,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.09, qqq -0.45, vnq +0.13, gsg -0.07, ief +0.13",
+  "ref_full": "ivv +0.64, gsg -0.04, iwm +0.09, agg +0.13, vnq -0.04, efa +0.06"
+ },
+ "suiax": {
+  "sym": "suiax",
+  "name": "DWS CROCI International Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.04209676844045105,
+  "alpha_t_5y": 1.959071310603812,
+  "alpha_t_full": -0.19157920084912727,
+  "r2_5y": 0.8933222590054727,
+  "r2_full": 0.910265108893864,
+  "corr_portfolio": 0.4209251849996812,
+  "corr_benchmark": 0.4918830820703518,
+  "alpha_pos_frac": 0.47368421052631576,
+  "fund_max_dd": -0.640634373931622,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.84, fxe +0.18, qqq -0.13, ivv +0.17, fxy +0.07",
+  "ref_full": "efa +0.88, vweax +0.18, djp +0.04, qqq -0.06, vwo +0.04, ief -0.05"
+ },
+ "supax": {
+  "sym": "supax",
+  "name": "DWS Equity Sector Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007036585759776892,
+  "alpha_t_5y": -0.7662955562631518,
+  "alpha_t_full": -3.2171317708998073,
+  "r2_5y": 0.9795364840876287,
+  "r2_full": 0.9485037348568303,
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+  "corr_benchmark": 0.6380923190743013,
+  "alpha_pos_frac": 0.5219123505976095,
+  "fund_max_dd": -0.4675861419778574,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.98, qqq -0.07, vwo +0.03",
+  "ref_full": "ivv +0.58, efa +0.10, vweax +0.16, ief +0.09, iwm +0.04, gld +0.03"
+ },
+ "susax": {
+  "sym": "susax",
+  "name": "SIIT Ultra Short Duration Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0020859568649958943,
+  "alpha_t_5y": 0.4549529621711795,
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+  "r2_full": 0.2578163759832742,
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+  "alpha_pos_frac": 0.3699421965317919,
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+  "first": "2011-06-23",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.06, ief +0.09, tlt -0.17, vblix +0.19, vea -0.02",
+  "ref_full": "vweax +0.11, ief +0.08, vea -0.01, tlt -0.03, fxy +0.01"
+ },
+ "suvax": {
+  "sym": "suvax",
+  "name": "PGIM QUANT SOLUTIONS LARGE-CAP VALUE FUND",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.027114861627098957,
+  "alpha_t_5y": 1.2922742343552123,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.28, ivv +1.30, qqq -0.71, vea +0.15, gsg +0.04, gld -0.04",
+  "ref_full": "ivv +1.18, qqq -0.53, iwm +0.27, efa +0.09, tlt -0.04, gld -0.03"
+ },
+ "suwax": {
+  "sym": "suwax",
+  "name": "DWS Core Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005789363087450952,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.93, iwm +0.06",
+  "ref_full": "ivv +0.86, iwm +0.08, vwo +0.03, gsg +0.02, qqq +0.04, fxy -0.02"
+ },
+ "svaax": {
+  "sym": "svaax",
+  "name": "Federated Hermes Strategic Value Dividend Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.03579898477997121,
+  "alpha_t_5y": 1.4185151081665177,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.22, efa +0.18, qqq -0.75, ivv +1.12, gsg +0.03",
+  "ref_full": "ivv +0.96, qqq -0.45, efa +0.17, vnq +0.07, agg +0.14, iwm -0.04"
+ },
+ "svoax": {
+  "sym": "svoax",
+  "name": "SIMT US MANAGED VOLATILITY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0025829612447300344,
+  "alpha_t_5y": 0.12756745370226097,
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+  "fund_max_dd": -0.4721887949833474,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.31, qqq -0.64, vnq +0.11",
+  "ref_full": "ivv +0.85, qqq -0.25, vnq +0.05, iwm +0.06, agg +0.21, tlt -0.05"
+ },
+ "svsax": {
+  "sym": "svsax",
+  "name": "SAAT CONSERVATIVE STRATEGY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0009516133600884991,
+  "alpha_t_5y": -0.16529850656519368,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.06, agg +0.28, vnq +0.02, ivv +0.18, qqq -0.08, djp +0.02",
+  "ref_full": "ivv +0.13, agg +0.16, vweax +0.17, vnq +0.02, qqq -0.03, efa +0.02"
+ },
+ "svspx": {
+  "sym": "svspx",
+  "name": "State Street S&P 500 Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0008989018110113684,
+  "alpha_t_5y": -0.14770503799134824,
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+  "corr_benchmark": 0.6115950907360761,
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+  "fund_max_dd": -0.5531441030828776,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.00",
+  "ref_full": "ivv +0.97, vnq +0.01, vwo +0.01, qqq +0.02, tlt -0.02, agg +0.03"
+ },
+ "svtax": {
+  "sym": "svtax",
+  "name": "SIMT GLOBAL MANAGED VOLATILITY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0024718279792203418,
+  "alpha_t_5y": 0.13689122907369364,
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+  "alpha_pos_frac": 0.5336322869955157,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.78, qqq -0.32, efa +0.51, vnq +0.11, iwm -0.09, vea -0.36",
+  "ref_full": "ivv +0.49, efa +0.21, fxe -0.17, qqq -0.14, vweax +0.17, agg +0.12"
+ },
+ "svyax": {
+  "sym": "svyax",
+  "name": "SIIT U.S. Managed Volatility Fund",
+  "bucket": "all",
+  "in_portfolio": false,
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+  "first": "2009-01-12",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.21, qqq -0.59, vnq +0.09, iwm +0.05",
+  "ref_full": "ivv +0.91, qqq -0.31, vnq +0.06, iwm +0.07, vweax +0.11, vwo -0.02"
+ },
+ "swasx": {
+  "sym": "swasx",
+  "name": "Schwab Global Real Estate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.018843970425333888,
+  "alpha_t_5y": -1.0663377128904907,
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+  "corr_benchmark": 0.5971449700188743,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.65, vea +0.25, ivv -0.11, vwo +0.05, vweax +0.11, fxe +0.06",
+  "ref_full": "vnq +0.46, efa +0.28, vweax +0.31, vwo +0.09, qqq -0.05, iwm +0.04"
+ },
+ "swrlx": {
+  "sym": "swrlx",
+  "name": "Touchstone International Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.04353036083252402,
+  "alpha_t_5y": 2.039532739603882,
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+  "r2_5y": 0.8880250520419148,
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+  "corr_benchmark": 0.5120780658521424,
+  "alpha_pos_frac": 0.40358744394618834,
+  "fund_max_dd": -0.5944175924740822,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.71, vwo +0.13, fxe +0.14, vweax +0.20, qqq -0.05, gld +0.03",
+  "ref_full": "efa +0.64, vwo +0.12, vweax +0.21, fxe +0.12, iwm +0.03, gld +0.03"
+ },
+ "sxmax": {
+  "sym": "sxmax",
+  "name": "SAAT MODERATE STRATEGY ALLOCATION FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0022151326510925075,
+  "alpha_t_5y": 0.18631456806568641,
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+  "alpha_pos_frac": 0.6143497757847534,
+  "fund_max_dd": -0.5255335721711414,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.73, qqq -0.33, vnq +0.11, efa +0.18, vweax +0.12, vea -0.11",
+  "ref_full": "ivv +0.54, vnq +0.11, efa +0.13, qqq -0.14, vweax +0.19, gld -0.03"
+ },
+ "sxpax": {
+  "sym": "sxpax",
+  "name": "DWS S&P 500 Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00414038142650129,
+  "alpha_t_5y": -1.0745974971677654,
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+  "r2_5y": 0.9970034236750231,
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+  "corr_benchmark": 0.61639622759402,
+  "alpha_pos_frac": 0.4246031746031746,
+  "fund_max_dd": -0.5562394220985549,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.96, qqq +0.02, iwm +0.01",
+  "ref_full": "ivv +0.95, vnq +0.01, qqq +0.02, gsg +0.01, efa +0.01, fxy -0.01"
+ },
+ "szcax": {
+  "sym": "szcax",
+  "name": "DWS Small Cap Core Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01899794428820041,
+  "alpha_t_5y": 0.661163298159345,
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+  "r2_full": 0.9286320044989589,
+  "corr_portfolio": 0.31285570819166586,
+  "corr_benchmark": 0.48134626815813114,
+  "alpha_pos_frac": 0.5872340425531914,
+  "fund_max_dd": -0.6333283238018051,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.77, qqq -0.25, ivv +0.32, vnq -0.05, gsg +0.03, vweax -0.15",
+  "ref_full": "iwm +0.87, vwo +0.06, gsg +0.03, tlt -0.10, agg +0.17, qqq -0.05"
+ },
+ "szeax": {
+  "sym": "szeax",
+  "name": "DWS Emerging Markets Fixed Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009753149060489436,
+  "alpha_t_5y": -0.45940029981206315,
+  "alpha_t_full": -1.2122138527024016,
+  "r2_5y": 0.3937948753332211,
+  "r2_full": 0.4210667269897448,
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+  "alpha_pos_frac": 0.6143497757847534,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.72, vwo +0.06, gsg -0.03, qqq -0.06, vea +0.08",
+  "ref_full": "vweax +0.62, vwo +0.07, agg +0.10, qqq -0.03, fxe +0.04"
+ },
+ "sziax": {
+  "sym": "sziax",
+  "name": "DWS Total Return Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007325063879715317,
+  "alpha_t_5y": -1.3270267100671647,
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+  "corr_benchmark": 0.7085695750131078,
+  "alpha_pos_frac": 0.5549132947976878,
+  "fund_max_dd": -0.2120569026374849,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.21, vweax +0.11, vblix +0.14, vmbix +0.23, ief +0.12",
+  "ref_full": "ief +0.35, vweax +0.24, efa +0.01, tlt +0.05, agg +0.09, vnq +0.01"
+ },
+ "szmax": {
+  "sym": "szmax",
+  "name": "DWS Intermediate Tax-Free Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013905619331358695,
+  "alpha_t_5y": -1.445846261530097,
+  "alpha_t_full": 0.42509716764371247,
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+  "r2_full": 0.08373427875369677,
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+  "corr_benchmark": 0.35826906746258946,
+  "alpha_pos_frac": 0.5780346820809249,
+  "fund_max_dd": -0.1505290092645981,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.21, vweax +0.24, ivv -0.05, tlt -0.14, ief +0.08, vnq +0.02",
+  "ref_full": "agg +0.04, vweax +0.16, ief +0.14, vnq +0.02, efa -0.06, vwo +0.04"
+ },
+ "taclx": {
+  "sym": "taclx",
+  "name": "Touchstone Large Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0166369613020124,
+  "alpha_t_5y": -0.756824060618185,
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+  "r2_5y": 0.8730950810559862,
+  "r2_full": 0.9159980835008217,
+  "corr_portfolio": 0.3243297340692296,
+  "corr_benchmark": 0.5711878487341614,
+  "alpha_pos_frac": 0.5285714285714286,
+  "fund_max_dd": -0.3421231281166708,
+  "first": "2014-07-14",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.20, qqq -0.41, vnq +0.09, gsg -0.04, iwm +0.04",
+  "ref_full": "ivv +1.17, qqq -0.32, gsg -0.03, iwm +0.04, gld -0.03, efa +0.04"
+ },
+ "taftx": {
+  "sym": "taftx",
+  "name": "Tax-Exempt Fund of California",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012205395363934045,
+  "alpha_t_5y": -0.9455091216007804,
+  "alpha_t_full": 0.8115869717361234,
+  "r2_5y": 0.3815810445752015,
+  "r2_full": 0.3005472604666415,
+  "corr_portfolio": 0.028709077056261162,
+  "corr_benchmark": 0.3485239948649605,
+  "alpha_pos_frac": 0.5758754863813229,
+  "fund_max_dd": -0.1882563606550819,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.41, ief +0.14, ivv -0.07, vnq +0.02",
+  "ref_full": "vweax +0.28, ief +0.08, fxy +0.03, agg +0.11, efa -0.03, vnq +0.01"
+ },
+ "taiax": {
+  "sym": "taiax",
+  "name": "American Funds Tax-Aware Conservative Growth and Income Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0013560102742089422,
+  "alpha_t_5y": 0.16949845296966767,
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+  "r2_5y": 0.9342296294724978,
+  "r2_full": 0.9388106295806032,
+  "corr_portfolio": 0.3521310821607113,
+  "corr_benchmark": 0.6537644153384005,
+  "alpha_pos_frac": 0.5818181818181818,
+  "fund_max_dd": -0.21418738477208132,
+  "first": "2012-05-22",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.42, vea +0.11, vmbix +0.11, qqq -0.12, vweax +0.12, vwo +0.03",
+  "ref_full": "ivv +0.35, vea +0.12, vweax +0.13, agg +0.11, qqq -0.06, vnq +0.02"
+ },
+ "taibx": {
+  "sym": "taibx",
+  "name": "PGIM CORE BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -7.317530540983009e-05,
+  "alpha_t_5y": -0.009905815372951137,
+  "alpha_t_full": 0.8012205158006409,
+  "r2_5y": 0.9137126880487153,
+  "r2_full": 0.5938323472107132,
+  "corr_portfolio": -0.0850546256840323,
+  "corr_benchmark": 0.6647333637658718,
+  "alpha_pos_frac": 0.5780346820809249,
+  "fund_max_dd": -0.1958359538753941,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.03, vblix +0.48, tlt -0.26, ief +0.36, vmbix +0.15, ivv -0.02",
+  "ref_full": "ief +0.45, vweax +0.19, agg +0.11, vnq +0.01, fxy +0.02"
+ },
+ "tarkx": {
+  "sym": "tarkx",
+  "name": "Tarkio Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.013701488912166949,
+  "alpha_t_5y": 0.2584935647333879,
+  "alpha_t_full": 0.23875445885766686,
+  "r2_5y": 0.7806234221610513,
+  "r2_full": 0.8256147594545371,
+  "corr_portfolio": 0.28391285261238003,
+  "corr_benchmark": 0.4971607138872499,
+  "alpha_pos_frac": 0.5227272727272727,
+  "fund_max_dd": -0.40551322110436383,
+  "first": "2011-07-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.77, ivv +0.56, vnq -0.13, vea +0.23, fxe -0.20, qqq -0.16",
+  "ref_full": "iwm +0.75, ivv +0.36, vnq -0.09, vea +0.13, agg -0.17, gsg -0.04"
+ },
+ "tasvx": {
+  "sym": "tasvx",
+  "name": "PGIM QUANT SOLUTIONS SMALL-CAP VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.06083425469777116,
+  "alpha_t_5y": 2.1223566532738567,
+  "alpha_t_full": 1.3261603171555296,
+  "r2_5y": 0.9052859085131341,
+  "r2_full": 0.9119997209167668,
+  "corr_portfolio": 0.35819479431526535,
+  "corr_benchmark": 0.4463265887486797,
+  "alpha_pos_frac": 0.4304932735426009,
+  "fund_max_dd": -0.5855753958374172,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.90, qqq -0.63, ivv +0.70, gld -0.07, vea +0.08, gsg +0.03",
+  "ref_full": "iwm +0.93, qqq -0.44, ivv +0.45, vweax +0.13, tlt -0.10, agg +0.22"
+ },
+ "tavfx": {
+  "sym": "tavfx",
+  "name": "THIRD AVENUE VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.07329861735518511,
+  "alpha_t_5y": 1.938272364420833,
+  "alpha_t_full": 0.6249104369192557,
+  "r2_5y": 0.7711761986951664,
+  "r2_full": 0.7983656015507717,
+  "corr_portfolio": 0.44203657808898966,
+  "corr_benchmark": 0.42655043427291794,
+  "alpha_pos_frac": 0.4618834080717489,
+  "fund_max_dd": -0.6142329062540588,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.75, gsg +0.14, iwm +0.29, qqq -0.21, ief -0.22, vwo +0.10",
+  "ref_full": "efa +0.38, iwm +0.39, gsg +0.08, vweax +0.40, vwo +0.15, qqq -0.14"
+ },
+ "tbdax": {
+  "sym": "tbdax",
+  "name": "PGIM JENNISON DIVERSIFIED GROWTH FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03829313782982906,
+  "alpha_t_5y": -1.928987884116902,
+  "alpha_t_full": -1.6258461959529187,
+  "r2_5y": 0.9561958320631292,
+  "r2_full": 0.940374569446459,
+  "corr_portfolio": 0.15200958847314588,
+  "corr_benchmark": 0.6085887506915143,
+  "alpha_pos_frac": 0.4785992217898833,
+  "fund_max_dd": -0.6954212929720875,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.75, ivv +0.34, vnq -0.04",
+  "ref_full": "qqq +0.54, ivv +0.49, vnq -0.05, vweax +0.07, fxe +0.03"
+ },
+ "tbhdx": {
+  "sym": "tbhdx",
+  "name": "TWEEDY, BROWNE WORLDWIDE HIGH DIVIDEND YIELD VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0052116001187744974,
+  "alpha_t_5y": 0.21019575803145896,
+  "alpha_t_full": -0.1041420923127156,
+  "r2_5y": 0.771207981487551,
+  "r2_full": 0.7550899048557901,
+  "corr_portfolio": 0.4263484857615368,
+  "corr_benchmark": 0.4460923503000416,
+  "alpha_pos_frac": 0.481981981981982,
+  "fund_max_dd": -0.46030462585587906,
+  "first": "2007-09-06",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +0.57, qqq -0.38, ivv +0.46, vweax +0.22, gsg -0.03, vwo +0.05",
+  "ref_full": "vea +0.54, vweax +0.48, qqq -0.20, ivv +0.30, vnq -0.04, vwo -0.05"
+ },
+ "tbirx": {
+  "sym": "tbirx",
+  "name": "Nuveen Bond Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004370874867362364,
+  "alpha_t_5y": -0.9322126477042361,
+  "alpha_t_full": -1.915972193966149,
+  "r2_5y": 0.9638739423789057,
+  "r2_full": 0.9239183132412087,
+  "corr_portfolio": -0.11611449689917872,
+  "corr_benchmark": 0.6935240161737364,
+  "alpha_pos_frac": 0.4797687861271676,
+  "fund_max_dd": -0.19329256864633604,
+  "first": "2009-11-24",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.12, vblix +0.37, ief +0.33, tlt -0.20, vmbix +0.17, ivv -0.01",
+  "ref_full": "ief +0.28, vweax +0.14, agg +0.10, tlt +0.06, vmbix +0.27, fxy +0.02"
+ },
+ "tblpx": {
+  "sym": "tblpx",
+  "name": "T. Rowe Price Retirement Blend 2005 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007325578106378209,
+  "alpha_t_5y": -1.2362083512507587,
+  "alpha_t_full": -1.2362083512507587,
+  "r2_5y": 0.9673174610791481,
+  "r2_full": 0.9673174610791481,
+  "corr_portfolio": 0.10016570657235478,
+  "corr_benchmark": 0.8244808509511198,
+  "alpha_pos_frac": 0.5636363636363636,
+  "fund_max_dd": -0.18357198274566067,
+  "first": "2021-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.21, agg +0.28, vea +0.10, iwm +0.04, vweax +0.12, vwo +0.02",
+  "ref_full": "ivv +0.21, agg +0.28, vea +0.10, iwm +0.04, vweax +0.12, vwo +0.02"
+ },
+ "tblqx": {
+  "sym": "tblqx",
+  "name": "T. Rowe Price Retirement Blend 2010 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009557028064807566,
+  "alpha_t_5y": -1.6099137281052223,
+  "alpha_t_full": -1.6099137281052223,
+  "r2_5y": 0.9711902923042652,
+  "r2_full": 0.9711902923042652,
+  "corr_portfolio": 0.10585784989135748,
+  "corr_benchmark": 0.813964360570201,
+  "alpha_pos_frac": 0.6181818181818182,
+  "fund_max_dd": -0.1906347175346924,
+  "first": "2021-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.23, vmbix +0.16, vea +0.14, iwm +0.04, vblix +0.06, vweax +0.10",
+  "ref_full": "ivv +0.23, vmbix +0.16, vea +0.14, iwm +0.04, vblix +0.06, vweax +0.10"
+ },
+ "tblsx": {
+  "sym": "tblsx",
+  "name": "T. Rowe Price Retirement Blend 2015 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008794414236035861,
+  "alpha_t_5y": -1.4509858705019856,
+  "alpha_t_full": -1.4509858705019856,
+  "r2_5y": 0.9734096561045046,
+  "r2_full": 0.9734096561045046,
+  "corr_portfolio": 0.10430425667502596,
+  "corr_benchmark": 0.8044885393397108,
+  "alpha_pos_frac": 0.5636363636363636,
+  "fund_max_dd": -0.1962191955317103,
+  "first": "2021-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.26, vmbix +0.16, vea +0.13, iwm +0.05, vblix +0.07, vwo +0.03",
+  "ref_full": "ivv +0.26, vmbix +0.16, vea +0.13, iwm +0.05, vblix +0.07, vwo +0.03"
+ },
+ "tblvx": {
+  "sym": "tblvx",
+  "name": "T. Rowe Price Retirement Blend 2025 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01250332385452279,
+  "alpha_t_5y": -1.7991882476861432,
+  "alpha_t_full": -1.7991882476861432,
+  "r2_5y": 0.9737582078926297,
+  "r2_full": 0.9737582078926297,
+  "corr_portfolio": 0.10859316746514451,
+  "corr_benchmark": 0.7771371524648036,
+  "alpha_pos_frac": 0.6,
+  "fund_max_dd": -0.21480330665382397,
+  "first": "2021-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.30, vea +0.14, vmbix +0.22, iwm +0.06, vweax +0.11, vwo +0.03",
+  "ref_full": "ivv +0.30, vea +0.14, vmbix +0.22, iwm +0.06, vweax +0.11, vwo +0.03"
+ },
+ "tblwx": {
+  "sym": "tblwx",
+  "name": "T. Rowe Price Retirement Blend 2030 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011424477839342693,
+  "alpha_t_5y": -1.4911901295459322,
+  "alpha_t_full": -1.4911901295459322,
+  "r2_5y": 0.9766346192562622,
+  "r2_full": 0.9766346192562622,
+  "corr_portfolio": 0.11335122354226923,
+  "corr_benchmark": 0.7536266596128371,
+  "alpha_pos_frac": 0.6181818181818182,
+  "fund_max_dd": -0.23450918291666478,
+  "first": "2021-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.36, vea +0.17, vmbix +0.11, iwm +0.07, vwo +0.04, vblix +0.06",
+  "ref_full": "ivv +0.36, vea +0.17, vmbix +0.11, iwm +0.07, vwo +0.04, vblix +0.06"
+ },
+ "tblyx": {
+  "sym": "tblyx",
+  "name": "T. Rowe Price Retirement Blend 2035 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008897337210590604,
+  "alpha_t_5y": -1.039988549124631,
+  "alpha_t_full": -1.039988549124631,
+  "r2_5y": 0.9780593397203962,
+  "r2_full": 0.9780593397203962,
+  "corr_portfolio": 0.11863649102272891,
+  "corr_benchmark": 0.7285037996125456,
+  "alpha_pos_frac": 0.5636363636363636,
+  "fund_max_dd": -0.24542151360309505,
+  "first": "2021-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.42, vea +0.21, iwm +0.08, vblix +0.18, vwo +0.05, tlt -0.09",
+  "ref_full": "ivv +0.42, vea +0.21, iwm +0.08, vblix +0.18, vwo +0.05, tlt -0.09"
+ },
+ "tcelx": {
+  "sym": "tcelx",
+  "name": "T. Rowe Price China Evolution Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.013357165759896024,
+  "alpha_t_5y": 0.21446560789209823,
+  "alpha_t_full": 1.1439762143310443,
+  "r2_5y": 0.6068620013122152,
+  "r2_full": 0.5929492695820581,
+  "corr_portfolio": 0.08615435524847269,
+  "corr_benchmark": 0.3075966333491269,
+  "alpha_pos_frac": 0.5333333333333333,
+  "fund_max_dd": -0.5127023251476607,
+  "first": "2019-12-11",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +1.30, vea -0.26, ivv -0.18, djp +0.07",
+  "ref_full": "vwo +1.15, efa -0.23, ivv -0.14"
+ },
+ "tcpax": {
+  "sym": "tcpax",
+  "name": "Touchstone US Quality Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0013473749670604507,
+  "alpha_t_5y": 0.2020223431425468,
+  "alpha_t_full": -0.2840375802307903,
+  "r2_5y": 0.9237599138395599,
+  "r2_full": 0.8335433333071119,
+  "corr_portfolio": -0.14387340994997028,
+  "corr_benchmark": 0.6432737479959961,
+  "alpha_pos_frac": 0.5549132947976878,
+  "fund_max_dd": -0.1847196397466846,
+  "first": "2009-10-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.48, vblix +0.09, vmbix +0.14, ivv -0.02, fxe +0.02, vweax +0.04",
+  "ref_full": "ief +0.41, agg +0.24, vweax +0.07, fxe +0.02, gsg -0.01, vnq +0.01"
+ },
+ "tcsgx": {
+  "sym": "tcsgx",
+  "name": "SDIT SHORT DURATION GOVERNMENT FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007837722453329804,
+  "alpha_t_5y": -1.5725379906108004,
+  "alpha_t_full": 0.14787823381526188,
+  "r2_5y": 0.6889997405361794,
+  "r2_full": 0.49737844055026237,
+  "corr_portfolio": -0.10498261954722136,
+  "corr_benchmark": 0.4056145457733893,
+  "alpha_pos_frac": 0.4277456647398844,
+  "fund_max_dd": -0.0663603266285061,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.06, ief +0.26, tlt -0.21, vblix +0.13, iwm -0.01, agg +0.12",
+  "ref_full": "ief +0.26, tlt -0.07, vweax +0.06, agg +0.06, fxy +0.01"
+ },
+ "tebix": {
+  "sym": "tebix",
+  "name": "FRANKLIN MUTUAL BEACON FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0003354308348911261,
+  "alpha_t_5y": 0.01558119906718989,
+  "alpha_t_full": -0.5910160761065968,
+  "r2_5y": 0.8803341243512884,
+  "r2_full": 0.8804203680883486,
+  "corr_portfolio": 0.3837118821281761,
+  "corr_benchmark": 0.5141796585952813,
+  "alpha_pos_frac": 0.5515695067264574,
+  "fund_max_dd": -0.5544551722068904,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.88, iwm +0.11, vnq +0.05, vea -0.51, ivv +0.90, qqq -0.47",
+  "ref_full": "ivv +0.53, efa +0.29, qqq -0.19, iwm +0.14, vweax +0.30, fxe -0.12"
+ },
+ "tedix": {
+  "sym": "tedix",
+  "name": "FRANKLIN MUTUAL GLOBAL DISCOVERY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.011142403985054119,
+  "alpha_t_5y": 0.6070349900583708,
+  "alpha_t_full": 0.04685259110871671,
+  "r2_5y": 0.9051905953548391,
+  "r2_full": 0.7869012621920606,
+  "corr_portfolio": 0.4235693500039823,
+  "corr_benchmark": 0.49806567071369573,
+  "alpha_pos_frac": 0.5136186770428015,
+  "fund_max_dd": -0.40206505803602355,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.47, iwm +0.08, vnq +0.01, ief -0.09, qqq -0.51, ivv +0.89",
+  "ref_full": "ivv +0.54, efa +0.23, vweax +0.46, vnq -0.12, qqq -0.23, iwm +0.17"
+ },
+ "tedmx": {
+  "sym": "tedmx",
+  "name": "Templeton Emerging Markets Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.013082920248961459,
+  "alpha_t_5y": 0.44827513795094326,
+  "alpha_t_full": -0.6486742310262377,
+  "r2_5y": 0.8878724988507509,
+  "r2_full": 0.7856738323327139,
+  "corr_portfolio": 0.28043500878377614,
+  "corr_benchmark": 0.462343002249201,
+  "alpha_pos_frac": 0.5112107623318386,
+  "fund_max_dd": -0.6527840677388017,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.83, qqq +0.07, vnq -0.10, vea +1.98, efa -1.74, gld -0.05",
+  "ref_full": "vwo +0.59, vweax +0.65, vnq -0.10, efa +0.10, djp +0.06, qqq +0.06"
+ },
+ "tedpx": {
+  "sym": "tedpx",
+  "name": "Nuveen Emerging Markets Debt Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00795937723694686,
+  "alpha_t_5y": 0.5049768477418767,
+  "alpha_t_full": 1.030792100491646,
+  "r2_5y": 0.5051618854328769,
+  "r2_full": 0.5745090654232632,
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+  "corr_benchmark": 0.468173994742671,
+  "alpha_pos_frac": 0.6277372262773723,
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+  "first": "2014-09-30",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.53, agg +0.21, vwo +0.05, qqq -0.04, efa +0.05, gsg -0.02",
+  "ref_full": "vweax +0.54, agg +0.08, vwo +0.10, qqq -0.04, vblix +0.28, tlt -0.16"
+ },
+ "tegax": {
+  "sym": "tegax",
+  "name": "Mid Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04932371174114823,
+  "alpha_t_5y": -1.4064804905827897,
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+  "r2_full": 0.8594969043366607,
+  "corr_portfolio": 0.19116207790398057,
+  "corr_benchmark": 0.5679976728707351,
+  "alpha_pos_frac": 0.5145631067961165,
+  "fund_max_dd": -0.5328046688063566,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.27, iwm +0.39, qqq +0.39",
+  "ref_full": "ivv +0.40, iwm +0.32, qqq +0.28, vweax +0.15, djp +0.03"
+ },
+ "temfx": {
+  "sym": "temfx",
+  "name": "Templeton Foreign Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00020484061938370963,
+  "alpha_t_5y": 0.00803438241926528,
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+  "alpha_pos_frac": 0.4484304932735426,
+  "fund_max_dd": -0.5962477472706134,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.16, vwo +0.26, gsg +0.06, efa +0.59, iwm +0.10, qqq -0.09",
+  "ref_full": "efa +0.68, vweax +0.49, djp +0.07, vnq -0.06, vwo +0.10, fxe +0.14"
+ },
+ "temgx": {
+  "sym": "temgx",
+  "name": "Templeton Global Smaller Companies Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.050099859068741454,
+  "alpha_t_5y": -2.3269367347661856,
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+  "r2_5y": 0.912093830551821,
+  "r2_full": 0.8535864077952877,
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+  "corr_benchmark": 0.557831882455319,
+  "alpha_pos_frac": 0.5336322869955157,
+  "fund_max_dd": -0.6859830409880414,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.37, efa +0.25, vweax +0.25, djp -0.03, vea +0.22, ivv +0.05",
+  "ref_full": "efa +0.33, iwm +0.36, vweax +0.62, vnq -0.07, fxe +0.13, vwo +0.04"
+ },
+ "temix": {
+  "sym": "temix",
+  "name": "FRANKLIN MUTUAL INTERNATIONAL VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0295758131342809,
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+  "corr_benchmark": 0.387064690867593,
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+  "fund_max_dd": -0.43402906584161527,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.91, qqq -0.27, fxy -0.11, ivv +0.25, ief -0.44, agg +0.43",
+  "ref_full": "efa +0.82, vweax +0.53, fxe -0.29, vwo -0.12, tlt -0.08, vnq -0.05"
+ },
+ "temmx": {
+  "sym": "temmx",
+  "name": "Templeton Emerging Markets Small Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017368016625203347,
+  "alpha_t_5y": 0.54132234865792,
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+  "r2_5y": 0.7169158920415164,
+  "r2_full": 0.6457182845006184,
+  "corr_portfolio": 0.30572138870935517,
+  "corr_benchmark": 0.4463637215951019,
+  "alpha_pos_frac": 0.5336322869955157,
+  "fund_max_dd": -0.7011370490343567,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.48, vweax +0.38, vea +0.83, efa -0.64, gld -0.05",
+  "ref_full": "vwo +0.35, vweax +0.84, fxe +0.16, qqq +0.03, vnq -0.04, iwm +0.05"
+ },
+ "temux": {
+  "sym": "temux",
+  "name": "Emerging Markets Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.022403912767268126,
+  "alpha_t_5y": -0.823833936435252,
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+  "r2_full": 0.8665995760844923,
+  "corr_portfolio": 0.2959677158429232,
+  "corr_benchmark": 0.47271736738487086,
+  "alpha_pos_frac": 0.5560538116591929,
+  "fund_max_dd": -0.6808523022868087,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.75, qqq +0.06, vea +1.16, efa -0.98, fxy -0.09, iwm -0.06",
+  "ref_full": "vwo +0.66, vweax +0.50, djp +0.05, vnq -0.06, ivv +0.07, efa +0.06"
+ },
+ "temwx": {
+  "sym": "temwx",
+  "name": "Templeton World Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03487309904446352,
+  "alpha_t_5y": -1.580666676599509,
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+  "r2_5y": 0.9155281637053836,
+  "r2_full": 0.8651124183447844,
+  "corr_portfolio": 0.28443345631858785,
+  "corr_benchmark": 0.5246059220038021,
+  "alpha_pos_frac": 0.5112107623318386,
+  "fund_max_dd": -0.552579063475811,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.65, vea +0.41, vnq -0.13, iwm +0.08, gsg -0.03, vweax +0.18",
+  "ref_full": "efa +0.47, ivv +0.28, vnq -0.08, vweax +0.28, iwm +0.09, qqq +0.05"
+ },
+ "tepax": {
+  "sym": "tepax",
+  "name": "American Funds Tax-Exempt Preservation Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014808118611659876,
+  "alpha_t_5y": -2.25273594547045,
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+  "r2_5y": 0.3066376694992944,
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+  "corr_benchmark": 0.3295800287658935,
+  "alpha_pos_frac": 0.5636363636363636,
+  "fund_max_dd": -0.07123755794386166,
+  "first": "2012-05-23",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.11, vweax +0.12, ivv -0.03, vnq +0.01",
+  "ref_full": "agg +0.11, vweax +0.11, fxy +0.03, efa -0.01, vnq +0.02, iwm -0.01"
+ },
+ "teplx": {
+  "sym": "teplx",
+  "name": "Templeton Growth Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03869812066245285,
+  "alpha_t_5y": -2.338289855903176,
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+  "r2_5y": 0.9361349493260542,
+  "r2_full": 0.9052112594867344,
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+  "corr_benchmark": 0.5285375716948753,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.6254376005049376,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.44, ivv +0.69, qqq -0.22, iwm +0.10, vnq -0.09, vwo +0.05",
+  "ref_full": "efa +0.54, ivv +0.24, vweax +0.25, vnq -0.07, iwm +0.10, fxe +0.08"
+ },
+ "teqix": {
+  "sym": "teqix",
+  "name": "FRANKLIN MUTUAL QUEST FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004101037589816822,
+  "alpha_t_5y": -0.2249285130433639,
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+  "r2_5y": 0.8524073979100659,
+  "r2_full": 0.6980716843708858,
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+  "corr_benchmark": 0.4498033924686179,
+  "alpha_pos_frac": 0.5657894736842105,
+  "fund_max_dd": -0.5040691271509095,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.29, iwm +0.12, vnq +0.04, fxy -0.05, qqq -0.37, ivv +0.62",
+  "ref_full": "ivv +0.35, efa +0.18, vweax +0.33, iwm +0.15, qqq -0.16, vnq -0.05"
+ },
+ "tesix": {
+  "sym": "tesix",
+  "name": "FRANKLIN MUTUAL SHARES FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002934774485842309,
+  "alpha_t_5y": -0.15489060470652039,
+  "alpha_t_full": -0.9030916649837551,
+  "r2_5y": 0.9059513632968883,
+  "r2_full": 0.9110178215869473,
+  "corr_portfolio": 0.40843876205205004,
+  "corr_benchmark": 0.5200861281928941,
+  "alpha_pos_frac": 0.5176470588235295,
+  "fund_max_dd": -0.537641288963237,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.19, ivv +1.28, qqq -0.68, efa +0.13, gld -0.04, vweax +0.10",
+  "ref_full": "ivv +0.72, qqq -0.28, iwm +0.16, vweax +0.29, efa +0.14, gld -0.04"
+ },
+ "tfcax": {
+  "sym": "tfcax",
+  "name": "SIMT Tax-Free Conservative Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012118263296577003,
+  "alpha_t_5y": -4.3925123686637155,
+  "alpha_t_full": -4.8833311106678705,
+  "r2_5y": 0.18432046196159912,
+  "r2_full": 0.12129798043500883,
+  "corr_portfolio": 0.04910903071653832,
+  "corr_benchmark": 0.03292002723070588,
+  "alpha_pos_frac": 0.411214953271028,
+  "fund_max_dd": -0.0019997019175110875,
+  "first": "2017-03-21",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.08, vea -0.01, vmbix -0.02",
+  "ref_full": "vweax +0.05, vea -0.01"
+ },
+ "tfoax": {
+  "sym": "tfoax",
+  "name": "Touchstone Focused Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012198584120271598,
+  "alpha_t_5y": -0.7416491215134645,
+  "alpha_t_full": -0.6668741262912636,
+  "r2_5y": 0.9433136043220262,
+  "r2_full": 0.9418561019113083,
+  "corr_portfolio": 0.27267459755885776,
+  "corr_benchmark": 0.5940257405240361,
+  "alpha_pos_frac": 0.4553191489361702,
+  "fund_max_dd": -0.5400289788226308,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.01, iwm +0.05, qqq -0.09, gsg -0.02, vnq -0.03, vwo +0.03",
+  "ref_full": "ivv +0.90, vnq -0.04, iwm +0.06, efa +0.04, tlt -0.05, agg +0.11"
+ },
+ "tfscx": {
+  "sym": "tfscx",
+  "name": "Foreign Smaller Companies Series",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04250392218280916,
+  "alpha_t_5y": -1.774367904377442,
+  "alpha_t_full": -1.5141048631186051,
+  "r2_5y": 0.8582688246599991,
+  "r2_full": 0.6990355129552959,
+  "corr_portfolio": 0.3552470610263158,
+  "corr_benchmark": 0.51263013996154,
+  "alpha_pos_frac": 0.6053811659192825,
+  "fund_max_dd": -0.730853077273471,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.56, vweax +0.38, vwo +0.15, fxe +0.21, iwm +0.04, gld -0.03",
+  "ref_full": "efa +0.41, vweax +0.74, vwo +0.13, vnq -0.08, fxe +0.16, iwm +0.06"
+ },
+ "tgfrx": {
+  "sym": "tgfrx",
+  "name": "TANAKA Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.04228985858449913,
+  "alpha_t_5y": 0.5670192191170562,
+  "alpha_t_full": -0.995576180348869,
+  "r2_5y": 0.6698187613501998,
+  "r2_full": 0.7112570644339447,
+  "corr_portfolio": 0.16079718476127808,
+  "corr_benchmark": 0.5000343087114791,
+  "alpha_pos_frac": 0.4196078431372549,
+  "fund_max_dd": -0.7443439001214138,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.08, iwm +0.68, qqq +0.54, gld +0.20, vnq -0.24",
+  "ref_full": "iwm +0.52, qqq +0.51, gld +0.10, vnq -0.07, vweax +0.22"
+ },
+ "tggbx": {
+  "sym": "tggbx",
+  "name": "TCW Global Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005409106249142305,
+  "alpha_t_5y": -0.42887214940089696,
+  "alpha_t_full": 0.4500015805363648,
+  "r2_5y": 0.7924566723410872,
+  "r2_full": 0.7330126819891073,
+  "corr_portfolio": -0.006292855876287324,
+  "corr_benchmark": 0.5729334003265142,
+  "alpha_pos_frac": 0.4853801169590643,
+  "fund_max_dd": -0.2729214111993973,
+  "first": "2011-12-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.10, fxe +0.20, fxy +0.15, vweax +0.35, ief +0.34, gsg -0.01",
+  "ref_full": "agg +0.22, fxe +0.20, fxy +0.14, vweax +0.23, vmbix +0.24, vblix +0.06"
+ },
+ "tgpex": {
+  "sym": "tgpex",
+  "name": "T. Rowe Price Global Impact Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.06290808680310311,
+  "alpha_t_5y": -2.4530887206017025,
+  "alpha_t_full": -2.4530887206017025,
+  "r2_5y": 0.8951694678546708,
+  "r2_full": 0.8951694678546708,
+  "corr_portfolio": -0.0010356133121334652,
+  "corr_benchmark": 0.6813106663901541,
+  "alpha_pos_frac": 0.4,
+  "fund_max_dd": -0.3511631929430079,
+  "first": "2021-03-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.09, vea +0.37, iwm +0.14, qqq +0.31, vnq +0.09, djp -0.05",
+  "ref_full": "ivv +0.09, vea +0.37, iwm +0.14, qqq +0.31, vnq +0.09, djp -0.05"
+ },
+ "tgrnx": {
+  "sym": "tgrnx",
+  "name": "Nuveen Green Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003677153703942069,
+  "alpha_t_5y": -0.6904905008996188,
+  "alpha_t_full": 0.06723156574267623,
+  "r2_5y": 0.9285592403743748,
+  "r2_full": 0.8874654309451266,
+  "corr_portfolio": -0.05616261698686053,
+  "corr_benchmark": 0.6728401105118296,
+  "alpha_pos_frac": 0.5402298850574713,
+  "fund_max_dd": -0.17406011251972076,
+  "first": "2018-11-19",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.38, vweax +0.14, vblix +0.35, tlt -0.20, ivv -0.02",
+  "ref_full": "vblix +0.33, vweax +0.20, ief +0.32, tlt -0.16, vea -0.02, fxy +0.03"
+ },
+ "tgtrx": {
+  "sym": "tgtrx",
+  "name": "Templeton Global Bond Enhanced Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.010250694028466397,
+  "alpha_t_5y": 0.4808010973064042,
+  "alpha_t_full": -0.2151589318499735,
+  "r2_5y": 0.6852459098214085,
+  "r2_full": 0.32913200454147307,
+  "corr_portfolio": 0.17533529892107785,
+  "corr_benchmark": 0.34562327690055017,
+  "alpha_pos_frac": 0.48717948717948717,
+  "fund_max_dd": -0.33657275894656113,
+  "first": "2008-10-06",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.10, fxy +0.26, vmbix +0.18, vwo +0.13, fxe +0.23, vweax +0.27",
+  "ref_full": "vea +0.09, vweax +0.40, vnq -0.05, vwo +0.09, ief +0.10, djp +0.03"
+ },
+ "tgvfx": {
+  "sym": "tgvfx",
+  "name": "Touchstone Dynamic Large Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.022693779186302616,
+  "alpha_t_5y": -1.0698996999579025,
+  "alpha_t_full": -1.3050268068280486,
+  "r2_5y": 0.9455915083656954,
+  "r2_full": 0.9450609159063889,
+  "corr_portfolio": 0.1800202215553992,
+  "corr_benchmark": 0.6128668352246216,
+  "alpha_pos_frac": 0.5486381322957199,
+  "fund_max_dd": -0.6940851744209513,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.55, ivv +0.49, iwm +0.06, vnq -0.05",
+  "ref_full": "qqq +0.47, ivv +0.45, iwm +0.12, vnq -0.05, djp +0.04, vweax +0.08"
+ },
+ "thcgx": {
+  "sym": "thcgx",
+  "name": "Thornburg Focus Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.10077500125099643,
+  "alpha_t_5y": -2.452090359513747,
+  "alpha_t_full": -3.1689244428122203,
+  "r2_5y": 0.85859945942488,
+  "r2_full": 0.8854006516659712,
+  "corr_portfolio": 0.11814944682682724,
+  "corr_benchmark": 0.5760948734844902,
+  "alpha_pos_frac": 0.5033112582781457,
+  "fund_max_dd": -0.6346979045973737,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.71, qqq +0.68, ivv -0.34",
+  "ref_full": "qqq +0.56, iwm +0.44, vnq -0.05, vwo +0.04, agg +0.11"
+ },
+ "thyax": {
+  "sym": "thyax",
+  "name": "Touchstone High Yield Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0058476393001630125,
+  "alpha_t_5y": -0.5618781652624866,
+  "alpha_t_full": 0.468877424885306,
+  "r2_5y": 0.7314446915161489,
+  "r2_full": 0.7505627044897035,
+  "corr_portfolio": 0.320674482590304,
+  "corr_benchmark": 0.4360670140715314,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.3148610592143326,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.77, vea +0.04, gsg +0.01",
+  "ref_full": "vweax +0.79, efa +0.02, djp +0.01, agg +0.11, ief -0.08"
+ },
+ "tiagx": {
+  "sym": "tiagx",
+  "name": "Timothy Plan Small/Mid Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004374074462184923,
+  "alpha_t_5y": 0.10817880606765895,
+  "alpha_t_full": -0.9220393989284299,
+  "r2_5y": 0.836590981682894,
+  "r2_full": 0.8506662612421949,
+  "corr_portfolio": 0.1800611481886855,
+  "corr_benchmark": 0.5559653010391866,
+  "alpha_pos_frac": 0.41721854304635764,
+  "fund_max_dd": -0.3434110325511702,
+  "first": "2013-08-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv -0.14, iwm +0.47, qqq +0.57, vea +0.91, efa -0.78, vmbix -0.17",
+  "ref_full": "ivv -0.02, iwm +0.51, qqq +0.47, vnq -0.08, vea +0.55, efa -0.50"
+ },
+ "tibdx": {
+  "sym": "tibdx",
+  "name": "Nuveen Core Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003768095511713674,
+  "alpha_t_5y": -0.7291637189351359,
+  "alpha_t_full": -0.1437835881389538,
+  "r2_5y": 0.949286684651662,
+  "r2_full": 0.8452828116622756,
+  "corr_portfolio": -0.04336856780608212,
+  "corr_benchmark": 0.7073725960375853,
+  "alpha_pos_frac": 0.5202312138728323,
+  "fund_max_dd": -0.1838649988113752,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg -0.05, vweax +0.10, vblix +0.38, ief +0.29, tlt -0.17, vmbix +0.19",
+  "ref_full": "ief +0.37, vweax +0.24, agg +0.10, tlt +0.04, vnq +0.01, fxy +0.02"
+ },
+ "tibfx": {
+  "sym": "tibfx",
+  "name": "Nuveen Core Plus Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003171355342784108,
+  "alpha_t_5y": -0.5874768679167109,
+  "alpha_t_full": 0.07976006442818569,
+  "r2_5y": 0.9400934980353155,
+  "r2_full": 0.7512967753672654,
+  "corr_portfolio": -0.010280208636048872,
+  "corr_benchmark": 0.7064398600908561,
+  "alpha_pos_frac": 0.4393063583815029,
+  "fund_max_dd": -0.18432690770448923,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg -0.19, vweax +0.15, vblix +0.41, ief +0.29, tlt -0.18, vmbix +0.21",
+  "ref_full": "ief +0.33, vweax +0.29, agg +0.11, tlt +0.04, vnq +0.01, fxy +0.02"
+ },
+ "tibnx": {
+  "sym": "tibnx",
+  "name": "Nuveen International Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015053982619540487,
+  "alpha_t_5y": -1.7919270772699745,
+  "alpha_t_full": -0.5089389064667408,
+  "r2_5y": 0.6330313002374823,
+  "r2_full": 0.5254682854586538,
+  "corr_portfolio": 0.02307543932768409,
+  "corr_benchmark": 0.5531375636513809,
+  "alpha_pos_frac": 0.5565217391304348,
+  "fund_max_dd": -0.16446696667408633,
+  "first": "2016-08-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg -0.10, vweax +0.24, ief +0.34, fxe -0.05, gsg -0.01, vea +0.02",
+  "ref_full": "vblix +0.06, vweax +0.20, ief +0.18, vea +0.04, ivv -0.03, fxe -0.04"
+ },
+ "ticix": {
+  "sym": "ticix",
+  "name": "Timothy Plan Israel Common Values Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0519394312487389,
+  "alpha_t_5y": 0.7503004471327416,
+  "alpha_t_full": 0.6598268014559805,
+  "r2_5y": 0.3825783761134137,
+  "r2_full": 0.42515027236747405,
+  "corr_portfolio": 0.20518213328979942,
+  "corr_benchmark": 0.39885990256637016,
+  "alpha_pos_frac": 0.4966887417218543,
+  "fund_max_dd": -0.43871192379439283,
+  "first": "2013-08-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.26, vweax +0.81, vea +0.97, efa -0.68",
+  "ref_full": "vea +0.87, qqq +0.27, vweax +0.64, iwm +0.20, ivv -0.26, efa -0.60"
+ },
+ "tigix": {
+  "sym": "tigix",
+  "name": "Timothy Plan Growth & Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01608047430553173,
+  "alpha_t_5y": -1.086398104717766,
+  "alpha_t_full": -2.2235326226170957,
+  "r2_5y": 0.8232578108205777,
+  "r2_full": 0.8247565268245257,
+  "corr_portfolio": 0.3667809432258915,
+  "corr_benchmark": 0.6228481314582354,
+  "alpha_pos_frac": 0.47651006711409394,
+  "fund_max_dd": -0.25034714037757,
+  "first": "2013-10-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.06, ivv +0.71, qqq -0.39, ief +0.32, iwm +0.07, djp +0.03",
+  "ref_full": "iwm +0.14, vnq +0.04, ivv +0.60, qqq -0.30, ief +0.26, djp +0.03"
+ },
+ "tihyx": {
+  "sym": "tihyx",
+  "name": "Nuveen High Yield Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0033281293213682467,
+  "alpha_t_5y": 0.43999122691554066,
+  "alpha_t_full": 0.5456279701989836,
+  "r2_5y": 0.872607288032864,
+  "r2_full": 0.8693318948158415,
+  "corr_portfolio": 0.31299117388435915,
+  "corr_benchmark": 0.44363857147987257,
+  "alpha_pos_frac": 0.5397489539748954,
+  "fund_max_dd": -0.27526287934450333,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.95, iwm +0.02",
+  "ref_full": "vweax +0.95, ivv +0.02, gsg +0.01, tlt -0.02, agg +0.11, ief -0.05"
+ },
+ "tiilx": {
+  "sym": "tiilx",
+  "name": "Nuveen Inflation Linked Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005046667168392786,
+  "alpha_t_5y": 0.5339043922548284,
+  "alpha_t_full": 0.6717314996878575,
+  "r2_5y": 0.7255794646861289,
+  "r2_full": 0.6022438159839631,
+  "corr_portfolio": -0.04128237922594017,
+  "corr_benchmark": 0.5525487601146473,
+  "alpha_pos_frac": 0.5404255319148936,
+  "fund_max_dd": -0.14238606524330766,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.48, gsg +0.04, tlt -0.13, agg +0.29",
+  "ref_full": "ief +0.57, gsg +0.04, vweax +0.09, gld +0.01"
+ },
+ "tilcx": {
+  "sym": "tilcx",
+  "name": "T. Rowe Price Large-Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.009603344129705841,
+  "alpha_t_5y": 0.513253889063099,
+  "alpha_t_full": 1.5679538708555485,
+  "r2_5y": 0.9072786801645909,
+  "r2_full": 0.9527359080266093,
+  "corr_portfolio": 0.4042023819321801,
+  "corr_benchmark": 0.5177123370582921,
+  "alpha_pos_frac": 0.49327354260089684,
+  "fund_max_dd": -0.5759781312668458,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.27, qqq -0.65, iwm +0.18, vea +0.13, ief -0.07, gsg +0.02",
+  "ref_full": "ivv +1.10, qqq -0.41, iwm +0.13, efa +0.11, ief -0.11, vnq +0.03"
+ },
+ "tipx": {
+  "sym": "tipx",
+  "name": "State Street(R) SPDR(R) Bloomberg 1-10 Year TIPS ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.003877718660655112,
+  "alpha_t_5y": 0.36917443825813195,
+  "alpha_t_full": 0.5159568775161554,
+  "r2_5y": 0.6973663662835564,
+  "r2_full": 0.4506341556181699,
+  "corr_portfolio": -0.006429401727302882,
+  "corr_benchmark": 0.5002038147821971,
+  "alpha_pos_frac": 0.5228758169934641,
+  "fund_max_dd": -0.10082719446862809,
+  "first": "2013-05-31",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.52, gsg +0.05, tlt -0.14, agg +0.29",
+  "ref_full": "agg +0.17, djp +0.02, ief +0.46, tlt -0.07, vnq +0.02, gsg +0.03"
+ },
+ "tiqix": {
+  "sym": "tiqix",
+  "name": "Touchstone Non-US Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007305037870847398,
+  "alpha_t_5y": 0.3662747299809181,
+  "alpha_t_full": 0.1097738970522562,
+  "r2_5y": 0.9254221502330444,
+  "r2_full": 0.8884068599345404,
+  "corr_portfolio": 0.3407998897004793,
+  "corr_benchmark": 0.5657158688409324,
+  "alpha_pos_frac": 0.5067264573991032,
+  "fund_max_dd": -0.5407236597520484,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.77, qqq +0.13, vwo +0.07, iwm +0.04, gld -0.03",
+  "ref_full": "ivv +0.19, efa +0.30, qqq +0.23, iwm +0.15, vwo +0.05, vnq -0.03"
+ },
+ "tirex": {
+  "sym": "tirex",
+  "name": "Nuveen Real Estate Securities Select Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0022385797858475776,
+  "alpha_t_5y": 0.11901781875257816,
+  "alpha_t_full": 0.6482845519083327,
+  "r2_5y": 0.9412989888253742,
+  "r2_full": 0.9775615716150807,
+  "corr_portfolio": 0.22950083016247208,
+  "corr_benchmark": 0.5581867543536156,
+  "alpha_pos_frac": 0.512396694214876,
+  "fund_max_dd": -0.7418012341570974,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +1.00, ivv -0.04, tlt -0.05, fxe +0.11, efa -0.06, vweax +0.12",
+  "ref_full": "vnq +1.00, agg -0.24, fxe +0.03, ief +0.09, vwo +0.02, iwm -0.03"
+ },
+ "tisix": {
+  "sym": "tisix",
+  "name": "Nuveen Short Term Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0004210202017476031,
+  "alpha_t_5y": 0.08834473767631905,
+  "alpha_t_full": 1.6105823072039647,
+  "r2_5y": 0.673398344747874,
+  "r2_full": 0.5708609065327301,
+  "corr_portfolio": 0.007121416958294401,
+  "corr_benchmark": 0.4084491663092341,
+  "alpha_pos_frac": 0.42196531791907516,
+  "fund_max_dd": -0.04904547539368498,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.26, vweax +0.07, tlt -0.22, vblix +0.21, ivv -0.02",
+  "ref_full": "ief +0.31, vweax +0.12, tlt -0.07, qqq -0.01, fxy +0.01"
+ },
+ "tixrx": {
+  "sym": "tixrx",
+  "name": "Nuveen 5-15 Year Laddered Tax Exempt Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.020210782815439164,
+  "alpha_t_5y": -1.7641369799518989,
+  "alpha_t_full": 0.32488467298656026,
+  "r2_5y": 0.36897320063062267,
+  "r2_full": 0.27214381763462125,
+  "corr_portfolio": 0.03944421174667722,
+  "corr_benchmark": 0.33956767537470134,
+  "alpha_pos_frac": 0.5815899581589958,
+  "fund_max_dd": -0.1457201169849206,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.36, ief +0.13, ivv -0.04",
+  "ref_full": "agg +0.09, vweax +0.23, ief +0.08, fxy +0.03, efa -0.03, vnq +0.01"
+ },
+ "tlbdx": {
+  "sym": "tlbdx",
+  "name": "Nuveen Life Core Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006655695362888842,
+  "alpha_t_5y": -0.9122353099275746,
+  "alpha_t_full": -0.8186871788527866,
+  "r2_5y": 0.8998971933320954,
+  "r2_full": 0.8878116480936917,
+  "corr_portfolio": -0.043818996075680405,
+  "corr_benchmark": 0.7167382322409915,
+  "alpha_pos_frac": 0.696969696969697,
+  "fund_max_dd": -0.20517786794841741,
+  "first": "2017-11-24",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.38, vweax +0.11, vblix +0.13, vmbix +0.20, qqq -0.02, vea +0.01",
+  "ref_full": "vblix +0.25, vmbix +0.19, vweax +0.13, ief +0.19, tlt -0.08, agg +0.10"
+ },
+ "tlchx": {
+  "sym": "tlchx",
+  "name": "Nuveen Life Large Cap Responsible Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02086513820805512,
+  "alpha_t_5y": -0.5848364377457491,
+  "alpha_t_full": -0.5792091706509536,
+  "r2_5y": 0.7797102257858974,
+  "r2_full": 0.8773256861183754,
+  "corr_portfolio": 0.25990003486132357,
+  "corr_benchmark": 0.6023504488106346,
+  "alpha_pos_frac": 0.6938775510204082,
+  "fund_max_dd": -0.3641138060834036,
+  "first": "2017-12-15",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.72, iwm +0.13, fxe +0.19, vweax +0.36, tlt -0.06",
+  "ref_full": "ivv +0.80, iwm +0.12, fxe +0.12, vweax +0.19, vblix -0.05"
+ },
+ "tldtx": {
+  "sym": "tldtx",
+  "name": "T. Rowe Price U.S. Limited Duration TIPS Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0010313460679504873,
+  "alpha_t_5y": -0.08634953818249569,
+  "alpha_t_full": 0.002753399771860757,
+  "r2_5y": 0.43434781893387675,
+  "r2_full": 0.43341776945247135,
+  "corr_portfolio": 0.027216011407627073,
+  "corr_benchmark": 0.4080329095930516,
+  "alpha_pos_frac": 0.546875,
+  "fund_max_dd": -0.0723938443514921,
+  "first": "2020-11-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.05, gsg +0.04, ief +0.46, tlt -0.21, vblix +0.12",
+  "ref_full": "vmbix +0.06, gsg +0.04, ief +0.45, tlt -0.21, vblix +0.12"
+ },
+ "tleqx": {
+  "sym": "tleqx",
+  "name": "Nuveen Life Small Cap Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.008303276779404229,
+  "alpha_t_5y": 0.1926003809660545,
+  "alpha_t_full": -0.1349904270911176,
+  "r2_5y": 0.8166884165229206,
+  "r2_full": 0.8844797677600239,
+  "corr_portfolio": 0.2653844323587489,
+  "corr_benchmark": 0.5439448573909197,
+  "alpha_pos_frac": 0.6632653061224489,
+  "fund_max_dd": -0.45667253547867037,
+  "first": "2017-12-15",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.91, fxe +0.16, tlt -0.08, vweax +0.30",
+  "ref_full": "iwm +0.93, vweax +0.21, vblix -0.16, agg +0.61, ief -0.31"
+ },
+ "tlgqx": {
+  "sym": "tlgqx",
+  "name": "Nuveen Life Growth Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05828714039190567,
+  "alpha_t_5y": -1.4582454453936788,
+  "alpha_t_full": -1.409246268992822,
+  "r2_5y": 0.8177103431335587,
+  "r2_full": 0.8759822831582449,
+  "corr_portfolio": 0.10384148549279063,
+  "corr_benchmark": 0.6046528084623692,
+  "alpha_pos_frac": 0.6020408163265306,
+  "fund_max_dd": -0.45765843250842353,
+  "first": "2017-12-15",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.82, fxe +0.22, vweax +0.43, tlt -0.09",
+  "ref_full": "qqq +0.74, ivv +0.19, fxe +0.13, vweax +0.19"
+ },
+ "tlgwx": {
+  "sym": "tlgwx",
+  "name": "Nuveen Life Core Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.030758404597649575,
+  "alpha_t_5y": -0.8620406140527941,
+  "alpha_t_full": -0.9995199153604857,
+  "r2_5y": 0.7902801785463281,
+  "r2_full": 0.8823616221939712,
+  "corr_portfolio": 0.2430914031430581,
+  "corr_benchmark": 0.5984815905781112,
+  "alpha_pos_frac": 0.5816326530612245,
+  "fund_max_dd": -0.3708079635673429,
+  "first": "2017-12-15",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.91, fxe +0.19, vweax +0.33, tlt -0.08",
+  "ref_full": "ivv +0.75, fxe +0.11, qqq +0.12, iwm +0.06, tlt -0.05, vweax +0.17"
+ },
+ "tlinx": {
+  "sym": "tlinx",
+  "name": "Nuveen Life International Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.018574283398758412,
+  "alpha_t_5y": -0.705372870992214,
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+  "r2_5y": 0.8711888506387717,
+  "r2_full": 0.9015626580788142,
+  "corr_portfolio": 0.3539921991152976,
+  "corr_benchmark": 0.5289661040132084,
+  "alpha_pos_frac": 0.5612244897959183,
+  "fund_max_dd": -0.42133698732400215,
+  "first": "2017-12-15",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.59, fxe +0.15, tlt -0.29, vea +0.38, vblix +0.29, vnq -0.05",
+  "ref_full": "efa +0.58, vea +0.38, vnq -0.04, fxe +0.12, tlt -0.05, vwo +0.04"
+ },
+ "tllvx": {
+  "sym": "tllvx",
+  "name": "Nuveen Life Large Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.011200335123902493,
+  "alpha_t_5y": 0.4205399461361495,
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+  "r2_5y": 0.8240187056890247,
+  "r2_full": 0.9082809714182025,
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+  "corr_benchmark": 0.5327687203063075,
+  "alpha_pos_frac": 0.5510204081632653,
+  "fund_max_dd": -0.3831468461566856,
+  "first": "2017-12-15",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.27, qqq -0.62, iwm +0.12, vea +0.11, tlt -0.07, vweax +0.23",
+  "ref_full": "ivv +1.35, qqq -0.59, iwm +0.11, vea +0.11, tlt -0.06"
+ },
+ "tlrsx": {
+  "sym": "tlrsx",
+  "name": "Nuveen Life Real Estate Securities Select Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.021331490866848282,
+  "alpha_t_5y": -0.796751543998245,
+  "alpha_t_full": -0.23271473016647548,
+  "r2_5y": 0.8905902517054904,
+  "r2_full": 0.9346229895436637,
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+  "corr_benchmark": 0.5549688041037197,
+  "alpha_pos_frac": 0.6224489795918368,
+  "fund_max_dd": -0.43296213274717843,
+  "first": "2017-12-15",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +1.00, fxe +0.11, ivv -0.09, tlt -0.06, vweax +0.21",
+  "ref_full": "vnq +0.99, iwm -0.06, fxe +0.08, agg -0.21, vmbix +0.18, qqq +0.03"
+ },
+ "tlstx": {
+  "sym": "tlstx",
+  "name": "Nuveen Life Stock Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0034462865784682275,
+  "alpha_t_5y": 0.14249143615668608,
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+  "r2_5y": 0.8856477335605826,
+  "r2_full": 0.9372122165594157,
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+  "alpha_pos_frac": 0.6326530612244898,
+  "fund_max_dd": -0.3490662851066765,
+  "first": "2017-12-15",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.82, iwm +0.13, fxe +0.21, vweax +0.27, efa -0.09, tlt -0.05",
+  "ref_full": "ivv +0.85, iwm +0.12, fxe +0.11, vweax +0.14, tlt -0.03, efa -0.05"
+ },
+ "tmarx": {
+  "sym": "tmarx",
+  "name": "Touchstone Ares Credit Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.008429682211551909,
+  "alpha_t_5y": 0.8284881792505848,
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+  "r2_5y": 0.6582599362919822,
+  "r2_full": 0.559242701630241,
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+  "alpha_pos_frac": 0.46308724832214765,
+  "fund_max_dd": -0.2141455656729454,
+  "first": "2013-10-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.61, vea +0.04, djp +0.02",
+  "ref_full": "vweax +0.53, iwm +0.04, vnq +0.02, gsg +0.01, fxy +0.02"
+ },
+ "tmcpx": {
+  "sym": "tmcpx",
+  "name": "TOUCHSTONE MID CAP FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.022765670412607873,
+  "alpha_t_5y": -0.7932113048978959,
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+  "r2_full": 0.8898825587710921,
+  "corr_portfolio": 0.2976946409215874,
+  "corr_benchmark": 0.5605178911570456,
+  "alpha_pos_frac": 0.5191489361702127,
+  "fund_max_dd": -0.5878023523599276,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.36, ivv +0.82, qqq -0.30, gsg -0.08, vnq +0.11",
+  "ref_full": "ivv +0.51, iwm +0.37, efa +0.08, qqq -0.07, vweax +0.10"
+ },
+ "tmfcx": {
+  "sym": "tmfcx",
+  "name": "Touchstone Mid Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.018994763195588564,
+  "alpha_t_5y": -0.8840172377632847,
+  "alpha_t_full": -0.8130985656838767,
+  "r2_5y": 0.905123563717301,
+  "r2_full": 0.9359530684868202,
+  "corr_portfolio": 0.37987062403937333,
+  "corr_benchmark": 0.5263205784247647,
+  "alpha_pos_frac": 0.5532994923857868,
+  "fund_max_dd": -0.419489428950529,
+  "first": "2009-10-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.34, vnq +0.09, ivv +1.03, qqq -0.58, vea +0.11, ief -0.12",
+  "ref_full": "iwm +0.36, ivv +0.92, qqq -0.42, vnq +0.09, ief -0.12, vweax +0.14"
+ },
+ "tmlcx": {
+  "sym": "tmlcx",
+  "name": "SIMT TAX-MANAGED LARGE CAP FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007386396475065068,
+  "alpha_t_5y": -0.7037497122214031,
+  "alpha_t_full": -0.11472372051533891,
+  "r2_5y": 0.9734406901989422,
+  "r2_full": 0.9528337072122464,
+  "corr_portfolio": 0.33370898890783685,
+  "corr_benchmark": 0.5769074586265504,
+  "alpha_pos_frac": 0.5191489361702127,
+  "fund_max_dd": -0.5664415594562522,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.19, qqq -0.32, iwm +0.07, efa +0.03, gsg -0.01, vweax +0.05",
+  "ref_full": "ivv +0.86, iwm +0.09, qqq -0.07, efa +0.08, gld -0.03, vnq +0.02"
+ },
+ "tmmax": {
+  "sym": "tmmax",
+  "name": "SIMT Tax-Managed Managed Volatility Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.011514001382991594,
+  "alpha_t_5y": 0.5342879741034053,
+  "alpha_t_full": 1.2358979487472528,
+  "r2_5y": 0.8123122725481964,
+  "r2_full": 0.8646342739152554,
+  "corr_portfolio": 0.36035076159362317,
+  "corr_benchmark": 0.549882425964922,
+  "alpha_pos_frac": 0.5412844036697247,
+  "fund_max_dd": -0.4149390913433948,
+  "first": "2007-12-24",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.29, qqq -0.53, vnq +0.12, iwm -0.08, vwo -0.05, gsg -0.02",
+  "ref_full": "ivv +0.91, qqq -0.25, vnq +0.06, vweax +0.10, gsg -0.02, agg +0.07"
+ },
+ "tmvix": {
+  "sym": "tmvix",
+  "name": "Timothy Plan Large/Mid Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01758279311182873,
+  "alpha_t_5y": -0.8086762770172905,
+  "alpha_t_full": -0.4345256688745536,
+  "r2_5y": 0.8851241849423525,
+  "r2_full": 0.9196009910685685,
+  "corr_portfolio": 0.31243241681877615,
+  "corr_benchmark": 0.5892814276532146,
+  "alpha_pos_frac": 0.4966887417218543,
+  "fund_max_dd": -0.37299888321470676,
+  "first": "2013-08-08",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.77, vnq +0.13, iwm +0.16, qqq -0.18",
+  "ref_full": "ivv +0.84, iwm +0.19, qqq -0.21, vnq +0.08"
+ },
+ "tnbix": {
+  "sym": "tnbix",
+  "name": "1290 SmartBeta Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010793272291305608,
+  "alpha_t_5y": -0.6135878840175188,
+  "alpha_t_full": 0.18426905600030818,
+  "r2_5y": 0.9020037332256803,
+  "r2_full": 0.8633030467259928,
+  "corr_portfolio": 0.33473219274093285,
+  "corr_benchmark": 0.5767739628930186,
+  "alpha_pos_frac": 0.5259259259259259,
+  "fund_max_dd": -0.3265018435866631,
+  "first": "2014-12-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.85, efa +0.17, qqq -0.17, vnq +0.09, iwm -0.09, fxe +0.09",
+  "ref_full": "ivv +0.80, efa +0.22, qqq -0.13, iwm -0.10, vnq +0.06, fxy +0.08"
+ },
+ "tnhax": {
+  "sym": "tnhax",
+  "name": "1290 High Yield Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00037767929661428095,
+  "alpha_t_5y": -0.03746448487052538,
+  "alpha_t_full": 0.6638623709893018,
+  "r2_5y": 0.6598742090190228,
+  "r2_full": 0.7077285071841867,
+  "corr_portfolio": 0.2958297036916569,
+  "corr_benchmark": 0.37277906438308495,
+  "alpha_pos_frac": 0.48148148148148145,
+  "fund_max_dd": -0.1714297713943057,
+  "first": "2014-12-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.65, vea +0.03",
+  "ref_full": "vweax +0.61, agg -0.32, vmbix +0.17, efa +0.03, vblix +0.19, tlt -0.09"
+ },
+ "tnibx": {
+  "sym": "tnibx",
+  "name": "T. Rowe Price International Bond Fund (USD Hedged)",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01588375553400806,
+  "alpha_t_5y": -1.6109341197194107,
+  "alpha_t_full": -0.38649174056107144,
+  "r2_5y": 0.5463412437026851,
+  "r2_full": 0.47418563592132523,
+  "corr_portfolio": -0.030490805905260605,
+  "corr_benchmark": 0.4465064746743509,
+  "alpha_pos_frac": 0.47058823529411764,
+  "fund_max_dd": -0.15584452612005995,
+  "first": "2017-09-13",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.24, vweax +0.32, fxe -0.08, ivv -0.04, gsg -0.01, vea +0.03",
+  "ref_full": "vblix +0.05, vweax +0.23, ief +0.28, agg -0.17, fxe -0.04, fxy +0.02"
+ },
+ "tnmax": {
+  "sym": "tnmax",
+  "name": "1290 Multi-Alternative Strategies Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03539703407012242,
+  "alpha_t_5y": -2.8312620343924344,
+  "alpha_t_full": -2.918563484623044,
+  "r2_5y": 0.8503143867598897,
+  "r2_full": 0.799226306791716,
+  "corr_portfolio": 0.24045439049591852,
+  "corr_benchmark": 0.5560225497835922,
+  "alpha_pos_frac": 0.546875,
+  "fund_max_dd": -0.1729469370126424,
+  "first": "2015-07-07",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": true,
+  "ref_5y": "vea +0.08, djp +0.11, iwm +0.08, gld +0.08, qqq +0.08, vnq +0.07",
+  "ref_full": "vea +0.08, djp +0.10, iwm +0.07, gld +0.10, qqq +0.07, vnq +0.05"
+ },
+ "tnshx": {
+  "sym": "tnshx",
+  "name": "Nuveen Short Term Bond Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004181481745956104,
+  "alpha_t_5y": -0.8168492411631878,
+  "alpha_t_full": -0.670213834004791,
+  "r2_5y": 0.6889930081333167,
+  "r2_full": 0.6292954814738013,
+  "corr_portfolio": -0.10127732887790011,
+  "corr_benchmark": 0.3938882689097294,
+  "alpha_pos_frac": 0.48031496062992124,
+  "fund_max_dd": -0.058120657861327585,
+  "first": "2015-08-10",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.30, tlt -0.21, vblix +0.14, ivv -0.03, vweax +0.07, agg +0.10",
+  "ref_full": "ief +0.33, tlt -0.14, vblix +0.06, efa -0.02, vweax +0.05, agg +0.05"
+ },
+ "tnuax": {
+  "sym": "tnuax",
+  "name": "1290 Diversified Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.008304432229347472,
+  "alpha_t_5y": 0.37637217168935494,
+  "alpha_t_full": 0.08665769700082011,
+  "r2_5y": 0.6725764008629302,
+  "r2_full": 0.5662770618086841,
+  "corr_portfolio": 0.057081448626015774,
+  "corr_benchmark": 0.5495464086003801,
+  "alpha_pos_frac": 0.4140625,
+  "fund_max_dd": -0.2669814752000538,
+  "first": "2015-07-10",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.69, vblix +0.22, fxe +0.13, vwo +0.07, qqq -0.06, vweax +0.14",
+  "ref_full": "vmbix +0.81, vweax +0.17, fxe +0.07, vblix +0.39, tlt -0.24, vwo +0.03"
+ },
+ "tnvax": {
+  "sym": "tnvax",
+  "name": "1290 GAMCO Small/Mid Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.027094667016830803,
+  "alpha_t_5y": 0.877645501140947,
+  "alpha_t_full": 0.8527773471078363,
+  "r2_5y": 0.866559664576723,
+  "r2_full": 0.8441440699028264,
+  "corr_portfolio": 0.3340503279585454,
+  "corr_benchmark": 0.46862461946009704,
+  "alpha_pos_frac": 0.4962962962962963,
+  "fund_max_dd": -0.4437971472690221,
+  "first": "2014-12-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.69, efa -0.18, qqq -0.40, ivv +0.53, gld -0.05, vea +0.36",
+  "ref_full": "iwm +0.70, efa +0.13, qqq -0.32, ivv +0.42, agg -0.63, vmbix +0.58"
+ },
+ "tnxax": {
+  "sym": "tnxax",
+  "name": "1290 Loomis Sayles Multi-Asset Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004534266462270225,
+  "alpha_t_5y": -0.23108819301113134,
+  "alpha_t_full": -0.06880427080331819,
+  "r2_5y": 0.6573373600713366,
+  "r2_full": 0.6584219421195963,
+  "corr_portfolio": 0.25219895347897514,
+  "corr_benchmark": 0.5625485692424445,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.21396987068940543,
+  "first": "2016-03-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "ivv +0.21, vea +0.11, ief +0.11, vweax +0.19, vnq +0.04",
+  "ref_full": "ivv +0.32, vweax +0.18, fxy +0.05, vnq +0.03, vea +0.06, ief +0.06"
+ },
+ "tnxix": {
+  "sym": "tnxix",
+  "name": "1290 Avantis U.S. Large Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.017073199720448063,
+  "alpha_t_5y": -0.7104204028312707,
+  "alpha_t_full": -0.8612761961931487,
+  "r2_5y": 0.8826980282229338,
+  "r2_full": 0.8568666981480556,
+  "corr_portfolio": 0.26613514353586765,
+  "corr_benchmark": 0.5938922040188416,
+  "alpha_pos_frac": 0.5185185185185185,
+  "fund_max_dd": -0.34150070416676204,
+  "first": "2017-02-28",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.94, vnq -0.06, vwo +0.07",
+  "ref_full": "ivv +0.77, vea +0.13, gsg -0.02, agg -0.60, vblix +0.54, tlt -0.23"
+ },
+ "tobax": {
+  "sym": "tobax",
+  "name": "Touchstone Active Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00042990751022034486,
+  "alpha_t_5y": -0.0590506116194693,
+  "alpha_t_full": -0.11914904524456885,
+  "r2_5y": 0.905219014536107,
+  "r2_full": 0.7943005652840152,
+  "corr_portfolio": -0.056222711394749054,
+  "corr_benchmark": 0.6994373189347011,
+  "alpha_pos_frac": 0.5028901734104047,
+  "fund_max_dd": -0.19739885459287065,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.34, vweax +0.20, ief +0.31, ivv -0.03, fxe +0.03, vblix +0.04",
+  "ref_full": "ief +0.33, vweax +0.23, agg +0.17, vnq +0.01, tlt +0.03, fxy +0.02"
+ },
+ "tohax": {
+  "sym": "tohax",
+  "name": "Touchstone Core Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.018561284690775094,
+  "alpha_t_5y": -1.6432959647593064,
+  "alpha_t_full": 0.41445894552235796,
+  "r2_5y": 0.3880924978444493,
+  "r2_full": 0.2785707499231548,
+  "corr_portfolio": 0.023993278218285938,
+  "corr_benchmark": 0.34858777572100624,
+  "alpha_pos_frac": 0.5486381322957199,
+  "fund_max_dd": -0.13343509057708547,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.37, ief +0.12, ivv -0.05, vnq +0.02",
+  "ref_full": "agg +0.09, vweax +0.25, ief +0.08, efa -0.02, fxy +0.03, vnq +0.01"
+ },
+ "tollx": {
+  "sym": "tollx",
+  "name": "DWS RREEF Global Infrastructure Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009385699776296932,
+  "alpha_t_5y": -0.2997461060195893,
+  "alpha_t_full": -0.06979380362718335,
+  "r2_5y": 0.7175402998644105,
+  "r2_full": 0.7602860973576113,
+  "corr_portfolio": 0.3221941272851716,
+  "corr_benchmark": 0.5393025065001795,
+  "alpha_pos_frac": 0.5235849056603774,
+  "fund_max_dd": -0.4333391524353768,
+  "first": "2008-06-30",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.45, vea +0.31, djp +0.10, qqq -0.30, ivv +0.40, iwm -0.12",
+  "ref_full": "efa +0.36, vnq +0.13, vweax +0.26, gsg +0.07, agg +0.27, ivv +0.15"
+ },
+ "tortx": {
+  "sym": "tortx",
+  "name": "Tortoise Energy Infrastructure Total Return Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.09567974398387213,
+  "alpha_t_5y": 1.7220840837941773,
+  "alpha_t_full": 0.8590315951908718,
+  "r2_5y": 0.5658226668473736,
+  "r2_full": 0.5889933972192282,
+  "corr_portfolio": 0.31465409468814814,
+  "corr_benchmark": 0.3571116704560039,
+  "alpha_pos_frac": 0.5480225988700564,
+  "fund_max_dd": -0.6912975361479028,
+  "first": "2011-06-06",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.21, gsg +0.36, vnq +0.07, ief -0.08, qqq -0.69, ivv +1.11",
+  "ref_full": "iwm +0.29, gsg +0.38, vweax +0.55, vnq +0.04, qqq -0.57, ivv +0.90"
+ },
+ "tpdix": {
+  "sym": "tpdix",
+  "name": "Timothy Plan Defensive Strategies Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004417629917070942,
+  "alpha_t_5y": -0.36613801792863293,
+  "alpha_t_full": -0.6221287095118972,
+  "r2_5y": 0.9207196127142301,
+  "r2_full": 0.8983363569708609,
+  "corr_portfolio": 0.2665273578608807,
+  "corr_benchmark": 0.5857347435706933,
+  "alpha_pos_frac": 0.45695364238410596,
+  "fund_max_dd": -0.22259698108512038,
+  "first": "2013-08-08",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "gld +0.27, vnq +0.23, djp +0.12, vea +0.10, iwm +0.07, qqq -0.04",
+  "ref_full": "vnq +0.20, gld +0.26, gsg +0.10, vea +0.10, iwm +0.06, agg +0.12"
+ },
+ "tpfix": {
+  "sym": "tpfix",
+  "name": "Timothy Plan Fixed Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0061035219957801135,
+  "alpha_t_5y": -0.8587878516118129,
+  "alpha_t_full": -1.8136804068843047,
+  "r2_5y": 0.9029254113053236,
+  "r2_full": 0.8712756165580903,
+  "corr_portfolio": -0.13888873413936428,
+  "corr_benchmark": 0.6431073773181452,
+  "alpha_pos_frac": 0.5629139072847682,
+  "fund_max_dd": -0.17926314144188082,
+  "first": "2013-08-08",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.08, ief +0.30, vmbix +0.33, vblix +0.15, tlt -0.09, ivv -0.02",
+  "ref_full": "ief +0.34, vmbix +0.33, vweax +0.05, agg +0.07, gsg -0.01"
+ },
+ "tphix": {
+  "sym": "tphix",
+  "name": "Timothy Plan High Yield Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0018540618457562835,
+  "alpha_t_5y": 0.19053385911349738,
+  "alpha_t_full": 0.28182300128356264,
+  "r2_5y": 0.6921396048256956,
+  "r2_full": 0.7343320360068726,
+  "corr_portfolio": 0.3195654863368166,
+  "corr_benchmark": 0.4075867296703279,
+  "alpha_pos_frac": 0.5761589403973509,
+  "fund_max_dd": -0.22383412296604766,
+  "first": "2013-08-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.66, vea +0.03",
+  "ref_full": "vweax +0.74, vea +0.03, gsg +0.01"
+ },
+ "tpiix": {
+  "sym": "tpiix",
+  "name": "Timothy Plan International Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013643332667524117,
+  "alpha_t_5y": -0.758175227919962,
+  "alpha_t_full": -0.8613641526855961,
+  "r2_5y": 0.9348612628090381,
+  "r2_full": 0.9316151148141599,
+  "corr_portfolio": 0.3486736982037281,
+  "corr_benchmark": 0.5478109643607183,
+  "alpha_pos_frac": 0.5761589403973509,
+  "fund_max_dd": -0.35877959028245743,
+  "first": "2013-08-08",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.17, vwo +0.14, qqq +0.06, efa +0.56, iwm +0.08, vnq -0.04",
+  "ref_full": "vea +0.35, qqq +0.05, vwo +0.10, iwm +0.07, efa +0.35, vweax +0.11"
+ },
+ "tpinx": {
+  "sym": "tpinx",
+  "name": "Templeton Global Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0010996555372185305,
+  "alpha_t_5y": -0.06511833175267567,
+  "alpha_t_full": -0.12545547580655314,
+  "r2_5y": 0.7405630114768447,
+  "r2_full": 0.2622309264369689,
+  "corr_portfolio": 0.13685293887770406,
+  "corr_benchmark": 0.3346805394133094,
+  "alpha_pos_frac": 0.4512820512820513,
+  "fund_max_dd": -0.2641471315137768,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "fxy +0.31, vea +0.08, vmbix +0.31, vwo +0.10, fxe +0.16, djp +0.03",
+  "ref_full": "vwo +0.08, vweax +0.31, fxy +0.08, vnq -0.04, efa +0.06, djp +0.03"
+ },
+ "tplgx": {
+  "sym": "tplgx",
+  "name": "T. Rowe Price Institutional Large-Cap Core Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05389101534465177,
+  "alpha_t_5y": -2.4957616739656645,
+  "alpha_t_full": -2.0106829534315116,
+  "r2_5y": 0.9515155554342631,
+  "r2_full": 0.9513380937484411,
+  "corr_portfolio": 0.1305940109278208,
+  "corr_benchmark": 0.6054882672860983,
+  "alpha_pos_frac": 0.5426008968609866,
+  "fund_max_dd": -0.5457104744919576,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.83, ivv +0.37, vea -0.59, efa +0.47, iwm -0.05, vwo +0.05",
+  "ref_full": "qqq +0.63, ivv +0.45, vnq -0.02, agg +0.05"
+ },
+ "tplix": {
+  "sym": "tplix",
+  "name": "Timothy Plan Large/Mid Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011339503828614294,
+  "alpha_t_5y": -0.4398570370363441,
+  "alpha_t_full": -1.4519092929480937,
+  "r2_5y": 0.9008956153917442,
+  "r2_full": 0.9153785537817065,
+  "corr_portfolio": 0.23073911702831057,
+  "corr_benchmark": 0.6087423656336501,
+  "alpha_pos_frac": 0.5033112582781457,
+  "fund_max_dd": -0.3570701617056087,
+  "first": "2013-08-08",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.38, qqq +0.37, iwm +0.16, vea +0.52, efa -0.46",
+  "ref_full": "ivv +0.58, iwm +0.21, qqq +0.22, vnq -0.05, agg +0.28, vmbix -0.24"
+ },
+ "tpvix": {
+  "sym": "tpvix",
+  "name": "Timothy Plan Small Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00029061826996658937,
+  "alpha_t_5y": 0.010986273384264873,
+  "alpha_t_full": 0.6336779890864354,
+  "r2_5y": 0.9055715403992617,
+  "r2_full": 0.9184432345770694,
+  "corr_portfolio": 0.327551138338135,
+  "corr_benchmark": 0.49744918083069284,
+  "alpha_pos_frac": 0.5099337748344371,
+  "fund_max_dd": -0.4317301761521851,
+  "first": "2013-08-08",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.80, qqq -0.52, ivv +0.71, gld -0.04",
+  "ref_full": "iwm +0.83, qqq -0.41, ivv +0.51, gld -0.04, vnq +0.04"
+ },
+ "tpyax": {
+  "sym": "tpyax",
+  "name": "TOUCHSTONE SANDS CAPITAL INTERNATIONAL GROWTH EQUITY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05634430923936797,
+  "alpha_t_5y": -1.7891633611209798,
+  "alpha_t_full": -1.9651311457930067,
+  "r2_5y": 0.839748195822791,
+  "r2_full": 0.8629799842438873,
+  "corr_portfolio": 0.30223032176668474,
+  "corr_benchmark": 0.5688699033851561,
+  "alpha_pos_frac": 0.5342465753424658,
+  "fund_max_dd": -0.5731233303577601,
+  "first": "2007-12-06",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.75, qqq +0.20, djp -0.07, vwo +0.09",
+  "ref_full": "ivv +0.41, vea +0.28, iwm +0.10, vweax +0.16, vwo +0.05, gsg -0.02"
+ },
+ "tqccx": {
+  "sym": "tqccx",
+  "name": "Touchstone Dividend Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008998296733762873,
+  "alpha_t_5y": -0.4960412767989978,
+  "alpha_t_full": 0.1412905146889138,
+  "r2_5y": 0.9098079665586607,
+  "r2_full": 0.8951434983144485,
+  "corr_portfolio": 0.3641196313451587,
+  "corr_benchmark": 0.5380473750045869,
+  "alpha_pos_frac": 0.4669260700389105,
+  "fund_max_dd": -0.5895475515912292,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.19, qqq -0.46, iwm +0.08, vnq +0.06, efa +0.05",
+  "ref_full": "ivv +1.01, qqq -0.27, iwm +0.09, vnq +0.04, gsg +0.02, vweax +0.07"
+ },
+ "tqgex": {
+  "sym": "tqgex",
+  "name": "T. Rowe Price Integrated Global Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0007829592561041014,
+  "alpha_t_5y": 0.09272907143396741,
+  "alpha_t_full": -0.20760366823958581,
+  "r2_5y": 0.9826962766878367,
+  "r2_full": 0.9839025106274341,
+  "corr_portfolio": 0.3060388732998692,
+  "corr_benchmark": 0.6404952485201714,
+  "alpha_pos_frac": 0.4830508474576271,
+  "fund_max_dd": -0.3296927714614275,
+  "first": "2016-04-18",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.61, vea +0.27, vwo +0.07, fxy -0.02",
+  "ref_full": "ivv +0.57, vea +0.26, vwo +0.07, qqq +0.04, vweax +0.04, fxe +0.02"
+ },
+ "tqmvx": {
+  "sym": "tqmvx",
+  "name": "T. Rowe Price Integrated U.S. Large-Cap Value Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02844040374582707,
+  "alpha_t_5y": 1.643555313429379,
+  "alpha_t_full": 1.3529170412040217,
+  "r2_5y": 0.9233318838430614,
+  "r2_full": 0.9438235183951817,
+  "corr_portfolio": 0.42737758258647374,
+  "corr_benchmark": 0.504211497673351,
+  "alpha_pos_frac": 0.4583333333333333,
+  "fund_max_dd": -0.40703516123410266,
+  "first": "2016-03-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.41, qqq -0.75, iwm +0.18, vea +0.41, tlt -0.04, efa -0.29",
+  "ref_full": "ivv +1.34, qqq -0.67, iwm +0.20, tlt -0.07, vea +0.14, fxe -0.08"
+ },
+ "tqpix": {
+  "sym": "tqpix",
+  "name": "Touchstone Strategic Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.013489704745172965,
+  "alpha_t_5y": 1.1177621451231041,
+  "alpha_t_full": 1.1177621451231041,
+  "r2_5y": 0.7126533046445852,
+  "r2_full": 0.7126533046445852,
+  "corr_portfolio": 0.015213580149402436,
+  "corr_benchmark": 0.7143370501527285,
+  "alpha_pos_frac": 0.5272727272727272,
+  "fund_max_dd": -0.16714462816894182,
+  "first": "2021-07-27",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.51, vweax +0.33, fxe +0.05",
+  "ref_full": "agg +0.51, vweax +0.33, fxe +0.05"
+ },
+ "tqsmx": {
+  "sym": "tqsmx",
+  "name": "T. Rowe Price Integrated U.S. Small-Mid Cap Core Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.013590465270681673,
+  "alpha_t_5y": 0.7981646009260286,
+  "alpha_t_full": 0.9513207120681831,
+  "r2_5y": 0.9568181201678779,
+  "r2_full": 0.967055745351405,
+  "corr_portfolio": 0.3124192629490617,
+  "corr_benchmark": 0.5898785977106905,
+  "alpha_pos_frac": 0.525,
+  "fund_max_dd": -0.4066264708444868,
+  "first": "2016-03-01",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.60, ivv +0.55, qqq -0.23, vea +0.33, fxy -0.06, efa -0.23",
+  "ref_full": "iwm +0.58, ivv +0.44, qqq -0.14, vnq +0.05, vea +0.07, fxe -0.06"
+ },
+ "tramx": {
+  "sym": "tramx",
+  "name": "T. Rowe Price Africa & Middle East Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.047557490333085525,
+  "alpha_t_5y": 1.2817923764786006,
+  "alpha_t_full": -0.40894139010845343,
+  "r2_5y": 0.5424513945792293,
+  "r2_full": 0.4762353800277499,
+  "corr_portfolio": 0.31166436668125347,
+  "corr_benchmark": 0.3775798855117675,
+  "alpha_pos_frac": 0.545045045045045,
+  "fund_max_dd": -0.6805263566192155,
+  "first": "2007-09-06",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.35, gld +0.11, vweax +0.28, vea +0.12",
+  "ref_full": "vwo +0.25, vweax +0.59, vea +0.16, gld +0.04, agg -0.15"
+ },
+ "trarx": {
+  "sym": "trarx",
+  "name": "T. Rowe Price Target 2005 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005127085812969271,
+  "alpha_t_5y": -0.8905488551110471,
+  "alpha_t_full": 2.2113289624131207,
+  "r2_5y": 0.9485364457096923,
+  "r2_full": 0.0456032957676874,
+  "corr_portfolio": 0.05644415966548862,
+  "corr_benchmark": 0.17737008862978826,
+  "alpha_pos_frac": 0.06666666666666667,
+  "fund_max_dd": -0.17749989602476413,
+  "first": "2013-08-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.15, agg +0.30, vea +0.08, vweax +0.13, iwm +0.03, vwo +0.03",
+  "ref_full": "ivv +0.29, ief +0.33"
+ },
+ "trbcx": {
+  "sym": "trbcx",
+  "name": "T. Rowe Price Blue Chip Growth Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05472797763246065,
+  "alpha_t_5y": -2.5311348644683296,
+  "alpha_t_full": -2.112088989588918,
+  "r2_5y": 0.9516010487708304,
+  "r2_full": 0.9516033979978289,
+  "corr_portfolio": 0.1307505750476654,
+  "corr_benchmark": 0.6053566186178474,
+  "alpha_pos_frac": 0.5515695067264574,
+  "fund_max_dd": -0.5455831379903442,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.83, ivv +0.37, vea -0.58, efa +0.46, iwm -0.05, vwo +0.05",
+  "ref_full": "qqq +0.63, ivv +0.45, vnq -0.02, agg +0.05"
+ },
+ "trbfx": {
+  "sym": "trbfx",
+  "name": "T. Rowe Price Limited Duration Inflation Focused Bond Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0011672968641135678,
+  "alpha_t_5y": -0.09314984250820958,
+  "alpha_t_full": -1.5634591676116525,
+  "r2_5y": 0.4180591630434928,
+  "r2_full": 0.3752619704867528,
+  "corr_portfolio": 0.03156612282076349,
+  "corr_benchmark": 0.38322631059508383,
+  "alpha_pos_frac": 0.48497854077253216,
+  "fund_max_dd": -0.07330836023878018,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.39, gsg +0.04, tlt -0.14, agg +0.23",
+  "ref_full": "ief +0.34, gsg +0.01, tlt -0.08, vweax +0.07, agg +0.06, djp +0.02"
+ },
+ "trblx": {
+  "sym": "trblx",
+  "name": "T. Rowe Price Retirement Blend 2040 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00984946623536544,
+  "alpha_t_5y": -1.0745923216771005,
+  "alpha_t_full": -1.0745923216771005,
+  "r2_5y": 0.9794213768737597,
+  "r2_full": 0.9794213768737597,
+  "corr_portfolio": 0.12432114863218756,
+  "corr_benchmark": 0.7084868839951941,
+  "alpha_pos_frac": 0.5636363636363636,
+  "fund_max_dd": -0.2592406548268763,
+  "first": "2021-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.47, vea +0.22, iwm +0.10, vblix +0.16, vwo +0.06, tlt -0.09",
+  "ref_full": "ivv +0.47, vea +0.22, iwm +0.10, vblix +0.16, vwo +0.06, tlt -0.09"
+ },
+ "trbnx": {
+  "sym": "trbnx",
+  "name": "T. Rowe Price Retirement Blend 2060 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011840539746625538,
+  "alpha_t_5y": -1.2166180984457386,
+  "alpha_t_full": -1.2166180984457386,
+  "r2_5y": 0.9801971098491221,
+  "r2_full": 0.9801971098491221,
+  "corr_portfolio": 0.13208646449908376,
+  "corr_benchmark": 0.6903531545837926,
+  "alpha_pos_frac": 0.5818181818181818,
+  "fund_max_dd": -0.26812983244054733,
+  "first": "2021-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.52, vea +0.23, iwm +0.10, vwo +0.06, gld +0.02, vweax +0.06",
+  "ref_full": "ivv +0.52, vea +0.23, iwm +0.10, vwo +0.06, gld +0.02, vweax +0.06"
+ },
+ "trbox": {
+  "sym": "trbox",
+  "name": "T. Rowe Price Retirement Blend 2055 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01181730211577758,
+  "alpha_t_5y": -1.2134218555432257,
+  "alpha_t_full": -1.2134218555432257,
+  "r2_5y": 0.9801959714542713,
+  "r2_full": 0.9801959714542713,
+  "corr_portfolio": 0.1323807561826688,
+  "corr_benchmark": 0.6914619990998114,
+  "alpha_pos_frac": 0.6,
+  "fund_max_dd": -0.26675389087565127,
+  "first": "2021-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.52, vea +0.23, iwm +0.10, vwo +0.07, gld +0.02, vweax +0.06",
+  "ref_full": "ivv +0.52, vea +0.23, iwm +0.10, vwo +0.07, gld +0.02, vweax +0.06"
+ },
+ "trbpx": {
+  "sym": "trbpx",
+  "name": "T. Rowe Price Retirement Blend 2065 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011510514058804886,
+  "alpha_t_5y": -1.1785624139143889,
+  "alpha_t_full": -1.1785624139143889,
+  "r2_5y": 0.9800486832246978,
+  "r2_full": 0.9800486832246978,
+  "corr_portfolio": 0.13268252999816066,
+  "corr_benchmark": 0.6901183715050525,
+  "alpha_pos_frac": 0.6,
+  "fund_max_dd": -0.26775977188239486,
+  "first": "2021-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.52, vea +0.23, iwm +0.10, vwo +0.06, gld +0.02, vweax +0.06",
+  "ref_full": "ivv +0.52, vea +0.23, iwm +0.10, vwo +0.06, gld +0.02, vweax +0.06"
+ },
+ "trbqx": {
+  "sym": "trbqx",
+  "name": "T. Rowe Price Retirement Blend 2045 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01116736975356141,
+  "alpha_t_5y": -1.1567203039476093,
+  "alpha_t_full": -1.1567203039476093,
+  "r2_5y": 0.9797380909929635,
+  "r2_full": 0.9797380909929635,
+  "corr_portfolio": 0.13114396734773132,
+  "corr_benchmark": 0.6964489202017895,
+  "alpha_pos_frac": 0.6,
+  "fund_max_dd": -0.26469965796006767,
+  "first": "2021-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.52, vea +0.23, iwm +0.10, vwo +0.06, vblix +0.03, gld +0.02",
+  "ref_full": "ivv +0.52, vea +0.23, iwm +0.10, vwo +0.06, vblix +0.03, gld +0.02"
+ },
+ "trbsx": {
+  "sym": "trbsx",
+  "name": "T. Rowe Price Retirement Blend 2050 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011901376322548564,
+  "alpha_t_5y": -1.2087313768912438,
+  "alpha_t_full": -1.2087313768912438,
+  "r2_5y": 0.9796068898092607,
+  "r2_full": 0.9796068898092607,
+  "corr_portfolio": 0.1308819039755111,
+  "corr_benchmark": 0.6908790211206896,
+  "alpha_pos_frac": 0.6,
+  "fund_max_dd": -0.2664408230433456,
+  "first": "2021-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.52, vea +0.23, iwm +0.10, vwo +0.06, gld +0.02, vweax +0.07",
+  "ref_full": "ivv +0.52, vea +0.23, iwm +0.10, vwo +0.06, gld +0.02, vweax +0.07"
+ },
+ "trbux": {
+  "sym": "trbux",
+  "name": "T. Rowe Price Ultra Short-Term Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0025018046396946417,
+  "alpha_t_5y": 0.43018274238039467,
+  "alpha_t_full": 1.6033496863010481,
+  "r2_5y": 0.1809270187573888,
+  "r2_full": 0.2179753350278557,
+  "corr_portfolio": 0.07427905760334669,
+  "corr_benchmark": 0.1297093729891529,
+  "alpha_pos_frac": 0.42953020134228187,
+  "fund_max_dd": -0.041502532323576036,
+  "first": "2013-10-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.16, iwm -0.01",
+  "ref_full": "vweax +0.13, vea -0.01, fxy +0.01, ief +0.10, agg -0.06, tlt -0.02"
+ },
+ "trdfx": {
+  "sym": "trdfx",
+  "name": "Steward Values Enhanced Small-Mid Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0026178111304811635,
+  "alpha_t_5y": 0.06486432216511408,
+  "alpha_t_full": 0.24920548309932636,
+  "r2_5y": 0.8099932828886669,
+  "r2_full": 0.8964199200003877,
+  "corr_portfolio": 0.28837206601486226,
+  "corr_benchmark": 0.5080527914849432,
+  "alpha_pos_frac": 0.5330739299610895,
+  "fund_max_dd": -0.6159716192207023,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.75, vnq +0.04, ivv +0.40, qqq -0.20",
+  "ref_full": "iwm +0.78, ivv +0.28, qqq -0.11, vnq +0.04"
+ },
+ "tremx": {
+  "sym": "tremx",
+  "name": "T. Rowe Price Emerging Europe Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.043069418354454166,
+  "alpha_t_5y": -0.3147269673042128,
+  "alpha_t_full": -1.387685552582982,
+  "r2_5y": 0.2718878217873195,
+  "r2_full": 0.48376529246485,
+  "corr_portfolio": 0.2362461861483492,
+  "corr_benchmark": 0.30054435504995547,
+  "alpha_pos_frac": 0.6723404255319149,
+  "fund_max_dd": -0.9214788812603731,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "efa +1.07, gsg -0.25, vnq -0.26, vwo +0.33",
+  "ref_full": "efa +0.41, vwo +0.37, vweax +0.83, ief -0.26, fxe +0.22"
+ },
+ "trffx": {
+  "sym": "trffx",
+  "name": "T. Rowe Price Target 2055 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014544189710082173,
+  "alpha_t_5y": -1.3131530753145277,
+  "alpha_t_full": 0.16012950494914685,
+  "r2_5y": 0.9687375986218919,
+  "r2_full": 0.9066117169549635,
+  "corr_portfolio": 0.2981205764796205,
+  "corr_benchmark": 0.596843954403721,
+  "alpha_pos_frac": 0.49333333333333335,
+  "fund_max_dd": -0.3186205982611737,
+  "first": "2013-08-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.50, vea +0.21, iwm +0.10, vwo +0.08, vweax +0.08, gld +0.01",
+  "ref_full": "ivv +0.28, vea +0.22, iwm +0.14, qqq +0.10, vwo +0.05, vweax +0.09"
+ },
+ "trfox": {
+  "sym": "trfox",
+  "name": "T. Rowe Price Target 2050 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011897502962338885,
+  "alpha_t_5y": -1.1134922989725864,
+  "alpha_t_full": 0.13228822573583787,
+  "r2_5y": 0.9688465996535496,
+  "r2_full": 0.9054136810429749,
+  "corr_portfolio": 0.2964354168647663,
+  "corr_benchmark": 0.6035326497293934,
+  "alpha_pos_frac": 0.4866666666666667,
+  "fund_max_dd": -0.3092287583317923,
+  "first": "2013-08-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.48, vea +0.21, iwm +0.10, vwo +0.08, vblix +0.03, vweax +0.06",
+  "ref_full": "ivv +0.26, vea +0.21, iwm +0.13, qqq +0.10, vwo +0.05, vweax +0.11"
+ },
+ "trgrx": {
+  "sym": "trgrx",
+  "name": "T. Rowe Price Global Real Estate Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02844015976449519,
+  "alpha_t_5y": -1.77753502924947,
+  "alpha_t_full": -1.9347388132254566,
+  "r2_5y": 0.9426884731738355,
+  "r2_full": 0.9263729345563406,
+  "corr_portfolio": 0.3017466432737209,
+  "corr_benchmark": 0.5859666293413365,
+  "alpha_pos_frac": 0.5384615384615384,
+  "fund_max_dd": -0.4466112184597826,
+  "first": "2008-10-29",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.70, vea +0.26, ivv -0.08, vweax +0.13",
+  "ref_full": "vnq +0.49, efa +0.28, vweax +0.30, qqq -0.08, vwo +0.04, ivv +0.07"
+ },
+ "trhrx": {
+  "sym": "trhrx",
+  "name": "T. Rowe Price Target 2040 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01207877911178926,
+  "alpha_t_5y": -1.3228468589271583,
+  "alpha_t_full": 0.2440259385831957,
+  "r2_5y": 0.9679801109410252,
+  "r2_full": 0.9099835059418188,
+  "corr_portfolio": 0.29687643803098435,
+  "corr_benchmark": 0.6203384576671678,
+  "alpha_pos_frac": 0.5133333333333333,
+  "fund_max_dd": -0.28530464649762055,
+  "first": "2013-08-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.39, vea +0.18, iwm +0.08, vblix +0.07, vwo +0.06, vweax +0.08",
+  "ref_full": "ivv +0.36, vea +0.25, iwm +0.11, tlt +0.18, agg -0.71, vmbix +0.41"
+ },
+ "trhyx": {
+  "sym": "trhyx",
+  "name": "T. Rowe Price Institutional High Yield Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0006768398489427483,
+  "alpha_t_5y": 0.08242413781562652,
+  "alpha_t_full": 1.480519848210283,
+  "r2_5y": 0.8498392216634094,
+  "r2_full": 0.7855493101996891,
+  "corr_portfolio": 0.2935555395326901,
+  "corr_benchmark": 0.3729841132823971,
+  "alpha_pos_frac": 0.6011560693641619,
+  "fund_max_dd": -0.2730604222583841,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.87, ief +0.01, vblix +0.33, tlt -0.20, agg -0.22, iwm +0.01",
+  "ref_full": "vweax +0.88, efa +0.02, agg -0.08, tlt +0.01, fxe +0.01"
+ },
+ "trigx": {
+  "sym": "trigx",
+  "name": "T. Rowe Price International Value Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.05290985878082539,
+  "alpha_t_5y": 3.3392444800143872,
+  "alpha_t_full": 0.5434185918797275,
+  "r2_5y": 0.9427746795831248,
+  "r2_full": 0.9525444853031396,
+  "corr_portfolio": 0.4368738108493859,
+  "corr_benchmark": 0.5006283416085692,
+  "alpha_pos_frac": 0.512396694214876,
+  "fund_max_dd": -0.6228372700498777,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.86, qqq -0.17, vwo +0.10, ivv +0.17, tlt -0.04, fxe +0.09",
+  "ref_full": "efa +0.87, vweax +0.24, qqq -0.06, iwm +0.05, fxe +0.09, ief -0.08"
+ },
+ "trlax": {
+  "sym": "trlax",
+  "name": "T. Rowe Price Retirement Income 2020 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010755620326556487,
+  "alpha_t_5y": -1.477321685959638,
+  "alpha_t_full": -0.7999256737802066,
+  "r2_5y": 0.959626090065676,
+  "r2_full": 0.8958767555025539,
+  "corr_portfolio": 0.2584422867756668,
+  "corr_benchmark": 0.6891757502935738,
+  "alpha_pos_frac": 0.5619047619047619,
+  "fund_max_dd": -0.23824468596925807,
+  "first": "2017-06-07",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.25, vea +0.12, agg +0.24, iwm +0.06, vwo +0.04, vweax +0.11",
+  "ref_full": "ivv +0.26, vea +0.16, ief +0.60, agg -0.58, iwm +0.09, vweax +0.16"
+ },
+ "trlgx": {
+  "sym": "trlgx",
+  "name": "T. Rowe Price Large-Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03587613155237114,
+  "alpha_t_5y": -1.4848986936644417,
+  "alpha_t_full": -0.8655117621728822,
+  "r2_5y": 0.9321163518743018,
+  "r2_full": 0.9463027568685443,
+  "corr_portfolio": 0.14241515613408276,
+  "corr_benchmark": 0.6056939230230594,
+  "alpha_pos_frac": 0.5426008968609866,
+  "fund_max_dd": -0.5556106299233603,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.68, ivv +0.43, vea -0.56, efa +0.43, vwo +0.06",
+  "ref_full": "qqq +0.62, ivv +0.39, agg +0.16, ief -0.10, iwm +0.03"
+ },
+ "trlvx": {
+  "sym": "trlvx",
+  "name": "SIMT CORE FIXED INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007983084668146664,
+  "alpha_t_5y": -1.7821373666434288,
+  "alpha_t_full": -0.9904016315761347,
+  "r2_5y": 0.9703398562896085,
+  "r2_full": 0.8380583887470379,
+  "corr_portfolio": -0.07571077731760581,
+  "corr_benchmark": 0.7174791376242576,
+  "alpha_pos_frac": 0.43352601156069365,
+  "fund_max_dd": -0.2051291296142419,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.08, vweax +0.09, ief +0.38, vblix +0.30, vmbix +0.21, tlt -0.16",
+  "ref_full": "ief +0.38, vweax +0.27, agg +0.18, vnq +0.01, tlt +0.04, fxy +0.02"
+ },
+ "trmcx": {
+  "sym": "trmcx",
+  "name": "T. Rowe Price Mid-Cap Value Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.028688318519591298,
+  "alpha_t_5y": 1.1251904423148595,
+  "alpha_t_full": 1.8163079633957764,
+  "r2_5y": 0.8773420927644138,
+  "r2_full": 0.932915178163034,
+  "corr_portfolio": 0.3748937184824466,
+  "corr_benchmark": 0.5328352832188834,
+  "alpha_pos_frac": 0.4605263157894737,
+  "fund_max_dd": -0.5527600007517954,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.48, efa +0.30, vnq +0.17, gsg +0.06, fxy -0.14, qqq -0.08",
+  "ref_full": "iwm +0.40, ivv +0.70, qqq -0.31, djp +0.06, efa +0.08, vweax +0.12"
+ },
+ "trmvx": {
+  "sym": "trmvx",
+  "name": "SIMT LARGE CAP VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.022359181397809166,
+  "alpha_t_5y": 1.2770186315414245,
+  "alpha_t_full": 0.7774781870450267,
+  "r2_5y": 0.9229123692920486,
+  "r2_full": 0.9307318127702451,
+  "corr_portfolio": 0.4179553578657548,
+  "corr_benchmark": 0.4958292132608764,
+  "alpha_pos_frac": 0.5063829787234042,
+  "fund_max_dd": -0.6035437878459973,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.21, ivv +1.35, qqq -0.72, efa +0.11, gsg +0.03, gld -0.03",
+  "ref_full": "ivv +1.11, qqq -0.45, iwm +0.19, efa +0.11, gld -0.05, gsg +0.03"
+ },
+ "trosx": {
+  "sym": "trosx",
+  "name": "T. Rowe Price Overseas Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0021745478704865663,
+  "alpha_t_5y": -0.18459656006094852,
+  "alpha_t_full": -0.6210699080868276,
+  "r2_5y": 0.9692138355276334,
+  "r2_full": 0.966853625233582,
+  "corr_portfolio": 0.39011073874025265,
+  "corr_benchmark": 0.539462923742001,
+  "alpha_pos_frac": 0.5201793721973094,
+  "fund_max_dd": -0.6111402752503642,
+  "first": "2007-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.68, vea +0.23, vwo +0.05, iwm +0.02",
+  "ref_full": "efa +0.51, vweax +0.19, vea +0.37, vnq -0.03, vwo +0.02, iwm +0.02"
+ },
+ "trpbx": {
+  "sym": "trpbx",
+  "name": "T. Rowe Price Spectrum Moderate Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011799937201924213,
+  "alpha_t_5y": -1.5039031053794765,
+  "alpha_t_full": 0.04775229162299506,
+  "r2_5y": 0.9643634086432588,
+  "r2_full": 0.9595948171623156,
+  "corr_portfolio": 0.30385994820148754,
+  "corr_benchmark": 0.6521074357638844,
+  "alpha_pos_frac": 0.5028901734104047,
+  "fund_max_dd": -0.4164005501885859,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.33, vea +0.13, vblix +0.07, iwm +0.05, vwo +0.06, vmbix +0.08",
+  "ref_full": "ivv +0.34, efa +0.14, ief +0.11, iwm +0.06, vwo +0.05, vweax +0.12"
+ },
+ "trrax": {
+  "sym": "trrax",
+  "name": "T. Rowe Price Retirement 2010 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007747352256038378,
+  "alpha_t_5y": -1.2567372308673457,
+  "alpha_t_full": 0.26987493322874506,
+  "r2_5y": 0.9630960700683868,
+  "r2_full": 0.8998043241644407,
+  "corr_portfolio": 0.2794188545031089,
+  "corr_benchmark": 0.6653124654412251,
+  "alpha_pos_frac": 0.4797687861271676,
+  "fund_max_dd": -0.38811080108942575,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.23, vmbix +0.16, vea +0.11, iwm +0.05, vblix +0.07, vwo +0.03",
+  "ref_full": "ivv +0.21, efa +0.12, ief +0.15, vwo +0.06, vnq +0.03, iwm +0.05"
+ },
+ "trrbx": {
+  "sym": "trrbx",
+  "name": "T. Rowe Price Retirement 2020 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0067954816406082625,
+  "alpha_t_5y": -1.043454096137894,
+  "alpha_t_full": 0.33179242349230176,
+  "r2_5y": 0.9670374420348634,
+  "r2_full": 0.9096702426633683,
+  "corr_portfolio": 0.2987242249086373,
+  "corr_benchmark": 0.6078040258946251,
+  "alpha_pos_frac": 0.5605381165919282,
+  "fund_max_dd": -0.4704105646231611,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.26, vea +0.11, agg +0.24, iwm +0.05, vwo +0.04, vweax +0.11",
+  "ref_full": "ivv +0.26, efa +0.16, vwo +0.08, vnq +0.04, iwm +0.06, ief +0.06"
+ },
+ "trrcx": {
+  "sym": "trrcx",
+  "name": "T. Rowe Price Retirement 2030 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009760265625433282,
+  "alpha_t_5y": -1.1512686853183531,
+  "alpha_t_full": 0.15829446742304656,
+  "r2_5y": 0.9661891340274643,
+  "r2_full": 0.9327839969440646,
+  "corr_portfolio": 0.298281333930085,
+  "corr_benchmark": 0.6116897426441269,
+  "alpha_pos_frac": 0.5560538116591929,
+  "fund_max_dd": -0.5227635722973087,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.35, vea +0.15, agg +0.18, iwm +0.07, vwo +0.06, vweax +0.10",
+  "ref_full": "ivv +0.33, efa +0.18, iwm +0.09, vwo +0.09, vnq +0.03, vweax +0.07"
+ },
+ "trrdx": {
+  "sym": "trrdx",
+  "name": "T. Rowe Price Retirement 2040 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010830752731474717,
+  "alpha_t_5y": -1.0488135988627456,
+  "alpha_t_full": 0.37186926890365346,
+  "r2_5y": 0.968835670458075,
+  "r2_full": 0.9313488500914314,
+  "corr_portfolio": 0.2973140641234486,
+  "corr_benchmark": 0.5713062117907163,
+  "alpha_pos_frac": 0.5202312138728323,
+  "fund_max_dd": -0.5350214865231903,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.45, vea +0.20, iwm +0.09, vwo +0.08, vblix +0.04, vnq +0.02",
+  "ref_full": "ivv +0.34, efa +0.21, iwm +0.12, vwo +0.07, qqq +0.08, agg -0.08"
+ },
+ "trrex": {
+  "sym": "trrex",
+  "name": "T. Rowe Price Real Estate Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005885163466209333,
+  "alpha_t_5y": 0.44107027356510864,
+  "alpha_t_full": -0.8084848732901899,
+  "r2_5y": 0.9708938881395605,
+  "r2_full": 0.9757096156107621,
+  "corr_portfolio": 0.2515211343367717,
+  "corr_benchmark": 0.5431697331007489,
+  "alpha_pos_frac": 0.5433526011560693,
+  "fund_max_dd": -0.7488544903907176,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +1.03, iwm -0.04, vblix -0.03",
+  "ref_full": "vnq +0.97, agg -0.14, vweax +0.05, vwo -0.04, efa +0.03, djp +0.02"
+ },
+ "trrfx": {
+  "sym": "trrfx",
+  "name": "T. Rowe Price Retirement 2005 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007568457804766639,
+  "alpha_t_5y": -1.2569886659750549,
+  "alpha_t_full": -0.11967313014495103,
+  "r2_5y": 0.9597539144745771,
+  "r2_full": 0.9071238469857814,
+  "corr_portfolio": 0.28139335643396185,
+  "corr_benchmark": 0.6818919935288905,
+  "alpha_pos_frac": 0.547085201793722,
+  "fund_max_dd": -0.3328666765098459,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.20, agg +0.28, vea +0.09, iwm +0.04, vweax +0.12, vwo +0.03",
+  "ref_full": "ivv +0.22, efa +0.11, ief +0.15, vnq +0.03, vwo +0.05, vweax +0.11"
+ },
+ "trrgx": {
+  "sym": "trrgx",
+  "name": "T. Rowe Price Retirement 2015 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006865851684431413,
+  "alpha_t_5y": -1.0586634983495495,
+  "alpha_t_full": 0.3418879285133048,
+  "r2_5y": 0.9633895955322626,
+  "r2_full": 0.9145631057646804,
+  "corr_portfolio": 0.29613026405873155,
+  "corr_benchmark": 0.6421584279318412,
+  "alpha_pos_frac": 0.4682080924855491,
+  "fund_max_dd": -0.43172748938898153,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.25, vmbix +0.15, vea +0.12, iwm +0.05, vblix +0.07, vwo +0.04",
+  "ref_full": "ivv +0.23, efa +0.14, vnq +0.04, vwo +0.07, ief +0.10, iwm +0.05"
+ },
+ "trrhx": {
+  "sym": "trrhx",
+  "name": "T. Rowe Price Retirement 2025 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008418963320023145,
+  "alpha_t_5y": -1.1323923108726488,
+  "alpha_t_full": 0.1415198912322203,
+  "r2_5y": 0.9648300050296621,
+  "r2_full": 0.9216978831299523,
+  "corr_portfolio": 0.3026529138056301,
+  "corr_benchmark": 0.5993653227448795,
+  "alpha_pos_frac": 0.5515695067264574,
+  "fund_max_dd": -0.5004081796561142,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.29, vea +0.12, agg +0.22, iwm +0.06, vwo +0.05, vweax +0.11",
+  "ref_full": "ivv +0.30, efa +0.17, vwo +0.09, vnq +0.04, iwm +0.06, vweax +0.08"
+ },
+ "trrix": {
+  "sym": "trrix",
+  "name": "T. Rowe Price Retirement Balanced Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007084101326517241,
+  "alpha_t_5y": -0.9493888368452377,
+  "alpha_t_full": -0.36303260675342036,
+  "r2_5y": 0.934946404785372,
+  "r2_full": 0.9147592151165767,
+  "corr_portfolio": 0.29097661056927476,
+  "corr_benchmark": 0.686648648646273,
+  "alpha_pos_frac": 0.49710982658959535,
+  "fund_max_dd": -0.2778294900136292,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.19, vmbix +0.13, vea +0.11, vweax +0.18, iwm +0.04, vblix +0.06",
+  "ref_full": "ivv +0.19, efa +0.09, ief +0.16, vweax +0.18, iwm +0.05, vwo +0.04"
+ },
+ "trrjx": {
+  "sym": "trrjx",
+  "name": "T. Rowe Price Retirement 2035 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010423587413493477,
+  "alpha_t_5y": -1.0932487126937769,
+  "alpha_t_full": 0.23437496477487976,
+  "r2_5y": 0.9675561764802142,
+  "r2_full": 0.942718952987872,
+  "corr_portfolio": 0.299599963722003,
+  "corr_benchmark": 0.6101010975450186,
+  "alpha_pos_frac": 0.5086705202312138,
+  "fund_max_dd": -0.5356859988759048,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.40, vea +0.18, iwm +0.09, vblix +0.06, vwo +0.07, vweax +0.07",
+  "ref_full": "ivv +0.31, efa +0.20, iwm +0.11, vwo +0.08, vnq +0.03, qqq +0.06"
+ },
+ "trrkx": {
+  "sym": "trrkx",
+  "name": "T. Rowe Price Retirement 2045 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010389604014155956,
+  "alpha_t_5y": -0.9539348131624712,
+  "alpha_t_full": -0.04017903051840123,
+  "r2_5y": 0.9691692394628704,
+  "r2_full": 0.9360509701158718,
+  "corr_portfolio": 0.2983804012237256,
+  "corr_benchmark": 0.5711957232581181,
+  "alpha_pos_frac": 0.5144508670520231,
+  "fund_max_dd": -0.5354175200651627,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.49, vea +0.22, iwm +0.10, vwo +0.08, vblix +0.12, tlt -0.07",
+  "ref_full": "ivv +0.35, efa +0.20, iwm +0.12, vwo +0.06, qqq +0.09, vweax +0.09"
+ },
+ "trrlx": {
+  "sym": "trrlx",
+  "name": "T. Rowe Price Retirement 2060 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012997522341150208,
+  "alpha_t_5y": -1.1609937693902082,
+  "alpha_t_full": -0.34407150455267993,
+  "r2_5y": 0.9688407705124041,
+  "r2_full": 0.9210180779908169,
+  "corr_portfolio": 0.2967686034330136,
+  "corr_benchmark": 0.5723250432274474,
+  "alpha_pos_frac": 0.4928571428571429,
+  "fund_max_dd": -0.32520951718812996,
+  "first": "2014-06-25",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.51, vea +0.21, iwm +0.10, vwo +0.08, vweax +0.07, gld +0.01",
+  "ref_full": "ivv +0.37, vea +0.31, iwm +0.14, qqq +0.09, agg -1.40, ief +1.02"
+ },
+ "trrmx": {
+  "sym": "trrmx",
+  "name": "T. Rowe Price Retirement 2050 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01279698031208594,
+  "alpha_t_5y": -1.1591867796003157,
+  "alpha_t_full": 0.4205754298688524,
+  "r2_5y": 0.969421520520343,
+  "r2_full": 0.9361873685850389,
+  "corr_portfolio": 0.29816081980592246,
+  "corr_benchmark": 0.5705376126570693,
+  "alpha_pos_frac": 0.547085201793722,
+  "fund_max_dd": -0.5358517145063242,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.50, vea +0.21, iwm +0.10, vwo +0.08, vweax +0.08, gld +0.01",
+  "ref_full": "ivv +0.35, efa +0.21, iwm +0.12, vwo +0.06, qqq +0.09, agg -0.09"
+ },
+ "trrnx": {
+  "sym": "trrnx",
+  "name": "T. Rowe Price Retirement 2055 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013120859171532424,
+  "alpha_t_5y": -1.1817936981040122,
+  "alpha_t_full": -0.05534007697110711,
+  "r2_5y": 0.9694055184825424,
+  "r2_full": 0.9368630952288441,
+  "corr_portfolio": 0.2978277265690301,
+  "corr_benchmark": 0.5711043901734617,
+  "alpha_pos_frac": 0.5560538116591929,
+  "fund_max_dd": -0.5359178444695402,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.51, vea +0.21, iwm +0.10, vwo +0.08, vweax +0.07, gld +0.02",
+  "ref_full": "ivv +0.35, efa +0.20, iwm +0.12, vwo +0.06, qqq +0.09, vweax +0.10"
+ },
+ "trrox": {
+  "sym": "trrox",
+  "name": "T. Rowe Price Target 2010 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005411737326257871,
+  "alpha_t_5y": -0.9382141563204397,
+  "alpha_t_full": -0.3411686158616236,
+  "r2_5y": 0.9515446847401793,
+  "r2_full": 0.8769643010721835,
+  "corr_portfolio": 0.2852016210940783,
+  "corr_benchmark": 0.719234837672153,
+  "alpha_pos_frac": 0.52,
+  "fund_max_dd": -0.18106322287007803,
+  "first": "2013-08-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.17, agg +0.30, vea +0.08, vweax +0.13, iwm +0.03, vwo +0.03",
+  "ref_full": "ivv +0.21, vmbix +0.12, vea +0.13, vweax +0.18, ief +0.40, agg -0.36"
+ },
+ "trrtx": {
+  "sym": "trrtx",
+  "name": "T. Rowe Price Target 2015 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005608057831872258,
+  "alpha_t_5y": -0.960950239517472,
+  "alpha_t_full": 0.19964189101416369,
+  "r2_5y": 0.9542564332633557,
+  "r2_full": 0.8750664379474382,
+  "corr_portfolio": 0.2926118900129521,
+  "corr_benchmark": 0.7042287993584035,
+  "alpha_pos_frac": 0.5266666666666666,
+  "fund_max_dd": -0.18648199521672404,
+  "first": "2013-08-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.17, agg +0.30, vea +0.09, iwm +0.04, vweax +0.12, vwo +0.03",
+  "ref_full": "ivv +0.17, vmbix +0.05, vea +0.12, vweax +0.14, iwm +0.05, ief +0.18"
+ },
+ "trrux": {
+  "sym": "trrux",
+  "name": "T. Rowe Price Target 2020 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005797150732222942,
+  "alpha_t_5y": -0.9452953748098398,
+  "alpha_t_full": -0.1073174371667398,
+  "r2_5y": 0.9547686146215258,
+  "r2_full": 0.8840467124040199,
+  "corr_portfolio": 0.29756024184792296,
+  "corr_benchmark": 0.6774556762627556,
+  "alpha_pos_frac": 0.52,
+  "fund_max_dd": -0.20190030115654423,
+  "first": "2013-08-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.19, agg +0.28, vea +0.09, iwm +0.04, vweax +0.12, vwo +0.03",
+  "ref_full": "ivv +0.20, vea +0.14, ief +0.45, iwm +0.06, agg -0.39, vweax +0.17"
+ },
+ "trrwx": {
+  "sym": "trrwx",
+  "name": "T. Rowe Price Target 2030 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008749640423241499,
+  "alpha_t_5y": -1.220927327354485,
+  "alpha_t_full": -0.16065125448657153,
+  "r2_5y": 0.9647925652179377,
+  "r2_full": 0.8999283132367657,
+  "corr_portfolio": 0.29968086851194886,
+  "corr_benchmark": 0.6408545310070322,
+  "alpha_pos_frac": 0.52,
+  "fund_max_dd": -0.24625757817661187,
+  "first": "2013-08-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.28, vea +0.12, agg +0.22, iwm +0.06, vwo +0.04, vweax +0.11",
+  "ref_full": "ivv +0.28, vea +0.19, ief +0.52, agg -0.54, iwm +0.09, vweax +0.16"
+ },
+ "trsgx": {
+  "sym": "trsgx",
+  "name": "T. Rowe Price Spectrum Moderate Growth Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01724870005066107,
+  "alpha_t_5y": -1.7424072214030564,
+  "alpha_t_full": -0.6166921614446276,
+  "r2_5y": 0.9662744699259024,
+  "r2_full": 0.9670521999336156,
+  "corr_portfolio": 0.3060216917010713,
+  "corr_benchmark": 0.6175436073692715,
+  "alpha_pos_frac": 0.5202312138728323,
+  "fund_max_dd": -0.5183913048532682,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.45, vea +0.17, iwm +0.07, vblix +0.07, vwo +0.08, gld +0.01",
+  "ref_full": "ivv +0.38, efa +0.19, iwm +0.08, vwo +0.06, qqq +0.07, vweax +0.09"
+ },
+ "trssx": {
+  "sym": "trssx",
+  "name": "T. Rowe Price Institutional Small-Cap Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02222356904005556,
+  "alpha_t_5y": -1.2100877925042608,
+  "alpha_t_full": 1.6231242300101039,
+  "r2_5y": 0.9517826295882349,
+  "r2_full": 0.9686385101759726,
+  "corr_portfolio": 0.24667288833176768,
+  "corr_benchmark": 0.5654874312204761,
+  "alpha_pos_frac": 0.515695067264574,
+  "fund_max_dd": -0.5637954249716823,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.70, ivv +0.15, vea +0.08, djp -0.03, vnq +0.04",
+  "ref_full": "iwm +0.75, ivv +0.11, vnq +0.03, efa +0.04, qqq +0.03"
+ },
+ "trszx": {
+  "sym": "trszx",
+  "name": "T. Rowe Price Mid-Cap Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.028338331554714335,
+  "alpha_t_5y": -1.0501667418271383,
+  "alpha_t_full": -0.42800826280857623,
+  "r2_5y": 0.9176624000076412,
+  "r2_full": 0.9099747569767132,
+  "corr_portfolio": 0.04665805054534509,
+  "corr_benchmark": 0.6419122161243292,
+  "alpha_pos_frac": 0.4782608695652174,
+  "fund_max_dd": -0.37236442610077347,
+  "first": "2020-05-18",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.56, qqq +0.38, vnq +0.07, vweax +0.15",
+  "ref_full": "iwm +0.56, qqq +0.50, vnq +0.08, ivv -0.17, vweax +0.17"
+ },
+ "trtfx": {
+  "sym": "trtfx",
+  "name": "T. Rowe Price Target 2060 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010497697349105557,
+  "alpha_t_5y": -0.9340837293677829,
+  "alpha_t_full": 0.11605533142538758,
+  "r2_5y": 0.9686320774801054,
+  "r2_full": 0.9078405634977668,
+  "corr_portfolio": 0.29583272422335183,
+  "corr_benchmark": 0.5978221267538361,
+  "alpha_pos_frac": 0.4785714285714286,
+  "fund_max_dd": -0.3258964762824349,
+  "first": "2014-06-25",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.51, vea +0.23, iwm +0.10, vwo +0.08, vblix +0.02",
+  "ref_full": "ivv +0.29, vea +0.24, iwm +0.14, qqq +0.10, vwo +0.05, agg -0.09"
+ },
+ "trulx": {
+  "sym": "trulx",
+  "name": "T. Rowe Price U.S. Large-Cap Core Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005109895199233121,
+  "alpha_t_5y": -0.4096332681982857,
+  "alpha_t_full": 0.07592124678079665,
+  "r2_5y": 0.963875967575659,
+  "r2_full": 0.9738046922313519,
+  "corr_portfolio": 0.2862033297916868,
+  "corr_benchmark": 0.612235786722797,
+  "alpha_pos_frac": 0.48,
+  "fund_max_dd": -0.33677103176147216,
+  "first": "2009-06-29",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.14, qqq -0.14, iwm -0.04, djp -0.02",
+  "ref_full": "ivv +1.01, qqq -0.05, gsg -0.01, iwm -0.02, vnq +0.01"
+ },
+ "trvlx": {
+  "sym": "trvlx",
+  "name": "T. Rowe Price Value Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01528574858831253,
+  "alpha_t_5y": 0.7997559740074232,
+  "alpha_t_full": 1.3755960819240527,
+  "r2_5y": 0.8949063097211563,
+  "r2_full": 0.9504379480838104,
+  "corr_portfolio": 0.37788207395631823,
+  "corr_benchmark": 0.5409339904373314,
+  "alpha_pos_frac": 0.4793388429752066,
+  "fund_max_dd": -0.602219262833283,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.21, qqq -0.56, iwm +0.12, efa +0.10, vnq +0.04, fxe -0.07",
+  "ref_full": "ivv +1.03, qqq -0.31, iwm +0.10, efa +0.10, vnq +0.05, tlt -0.05"
+ },
+ "trzix": {
+  "sym": "trzix",
+  "name": "T. Rowe Price Small-Cap Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.002361284297069335,
+  "alpha_t_5y": 0.31535467648551807,
+  "alpha_t_full": 0.3506374863748972,
+  "r2_5y": 0.9937972240743347,
+  "r2_full": 0.9943063182814709,
+  "corr_portfolio": 0.14804798480358977,
+  "corr_benchmark": 0.5677063820099201,
+  "alpha_pos_frac": 0.4782608695652174,
+  "fund_max_dd": -0.318947233795982,
+  "first": "2020-05-18",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.00",
+  "ref_full": "iwm +1.00"
+ },
+ "tsbax": {
+  "sym": "tsbax",
+  "name": "T. Rowe Price Retirement Blend 2020 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008286671624540573,
+  "alpha_t_5y": -1.3135067408590417,
+  "alpha_t_full": -1.3135067408590417,
+  "r2_5y": 0.9738509659235169,
+  "r2_full": 0.9738509659235169,
+  "corr_portfolio": 0.10754332722181416,
+  "corr_benchmark": 0.7945064432509238,
+  "alpha_pos_frac": 0.6,
+  "fund_max_dd": -0.20084952893327235,
+  "first": "2021-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.26, vea +0.12, agg +0.25, iwm +0.05, vweax +0.12, vwo +0.03",
+  "ref_full": "ivv +0.26, vea +0.12, agg +0.25, iwm +0.05, vweax +0.12, vwo +0.03"
+ },
+ "tsbpx": {
+  "sym": "tsbpx",
+  "name": "Nuveen Core Impact Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003925572521197579,
+  "alpha_t_5y": -0.7476988170930152,
+  "alpha_t_full": 0.44370658978528643,
+  "r2_5y": 0.9509919246391779,
+  "r2_full": 0.9196280180086353,
+  "corr_portfolio": -0.08436424084916484,
+  "corr_benchmark": 0.686817447574109,
+  "alpha_pos_frac": 0.5714285714285714,
+  "fund_max_dd": -0.1896542336929249,
+  "first": "2012-09-25",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg -0.11, vblix +0.34, tlt -0.14, ief +0.38, vmbix +0.18, vweax +0.09",
+  "ref_full": "vblix +0.32, vmbix +0.18, tlt -0.14, ief +0.30, vweax +0.10, vea -0.01"
+ },
+ "tsdjx": {
+  "sym": "tsdjx",
+  "name": "Nuveen Short Duration Impact Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0006689555465986192,
+  "alpha_t_5y": 0.13064752293120213,
+  "alpha_t_full": 0.4355423893717955,
+  "r2_5y": 0.6636139157385208,
+  "r2_full": 0.6213371268212871,
+  "corr_portfolio": -0.029857852392141365,
+  "corr_benchmark": 0.4325640268952362,
+  "alpha_pos_frac": 0.5747126436781609,
+  "fund_max_dd": -0.06310683448911014,
+  "first": "2018-11-19",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.28, vweax +0.08, tlt -0.20, vblix +0.19, ivv -0.01, efa -0.01",
+  "ref_full": "ief +0.32, vweax +0.12, tlt -0.16, vea -0.02, vblix +0.14, vmbix -0.06"
+ },
+ "tsdlx": {
+  "sym": "tsdlx",
+  "name": "T. Rowe Price Short Duration Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0010898458664806016,
+  "alpha_t_5y": 0.20716241807954092,
+  "alpha_t_full": 0.2022331204115063,
+  "r2_5y": 0.6587985814750772,
+  "r2_full": 0.6583539684083753,
+  "corr_portfolio": -0.06587200268851977,
+  "corr_benchmark": 0.44889381583949167,
+  "alpha_pos_frac": 0.6349206349206349,
+  "fund_max_dd": -0.07281521855435902,
+  "first": "2020-12-09",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.04, vweax +0.12, ivv -0.02, tlt -0.23, ief +0.25, vblix +0.19",
+  "ref_full": "vmbix +0.04, vweax +0.12, ivv -0.02, tlt -0.23, ief +0.25, vblix +0.20"
+ },
+ "tsdox": {
+  "sym": "tsdox",
+  "name": "TOUCHSTONE ULTRA SHORT DURATION FIXED INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0032727580873629287,
+  "alpha_t_5y": 0.6658381895200904,
+  "alpha_t_full": 0.693749274170612,
+  "r2_5y": 0.22094155104451774,
+  "r2_full": 0.1542804751390795,
+  "corr_portfolio": 0.07503269551980664,
+  "corr_benchmark": 0.13330816115372185,
+  "alpha_pos_frac": 0.38831615120274915,
+  "fund_max_dd": -0.05268803943796485,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.16, ivv -0.01, efa -0.01",
+  "ref_full": "vweax +0.10, ief +0.09, tlt -0.03, efa -0.01"
+ },
+ "tsemx": {
+  "sym": "tsemx",
+  "name": "Touchstone Sands Capital Emerging Markets Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0680618625349383,
+  "alpha_t_5y": -1.7633338815153479,
+  "alpha_t_full": -1.0549216926276264,
+  "r2_5y": 0.8248337437763046,
+  "r2_full": 0.794051176610709,
+  "corr_portfolio": 0.16226871654529576,
+  "corr_benchmark": 0.4858989293789298,
+  "alpha_pos_frac": 0.5070422535211268,
+  "fund_max_dd": -0.5287111163736016,
+  "first": "2014-05-14",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.87, qqq +0.58, ivv -0.58, iwm +0.12, gld -0.06",
+  "ref_full": "vwo +0.70, qqq +0.49, ivv -0.51, vweax +0.35, iwm +0.13, gsg -0.04"
+ },
+ "tsfax": {
+  "sym": "tsfax",
+  "name": "Touchstone Small Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.009853225557502237,
+  "alpha_t_5y": 0.3281549926453823,
+  "alpha_t_full": 0.0598277016107248,
+  "r2_5y": 0.8540747954654336,
+  "r2_full": 0.8965947029838409,
+  "corr_portfolio": 0.31340281120611374,
+  "corr_benchmark": 0.5109798511811051,
+  "alpha_pos_frac": 0.5025380710659898,
+  "fund_max_dd": -0.3898163197734611,
+  "first": "2009-10-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.62, vnq +0.06, gld -0.06, qqq -0.45, ivv +0.71, gsg -0.03",
+  "ref_full": "iwm +0.66, vnq +0.04, ivv +0.59, qqq -0.34, gld -0.04"
+ },
+ "ttifx": {
+  "sym": "ttifx",
+  "name": "Goldman Sachs Tactical Tilt Overlay Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.010978962122686087,
+  "alpha_t_5y": 1.1800164587152346,
+  "alpha_t_full": -1.1342793206340536,
+  "r2_5y": 0.6230382281878435,
+  "r2_full": 0.541168976992241,
+  "corr_portfolio": 0.29977539755958466,
+  "corr_benchmark": 0.3947180583359356,
+  "alpha_pos_frac": 0.5179856115107914,
+  "fund_max_dd": -0.20775620755882096,
+  "first": "2014-08-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.18, efa +0.06, tlt -0.12, agg +0.40, gsg +0.01, iwm +0.02",
+  "ref_full": "vea +0.22, fxe -0.22, vweax +0.28, qqq -0.05, vmbix +0.33, vblix -0.09"
+ },
+ "tuhyx": {
+  "sym": "tuhyx",
+  "name": "T. Rowe Price U.S. High Yield Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007131775644874554,
+  "alpha_t_5y": -0.7334208456028953,
+  "alpha_t_full": -0.003123140713372362,
+  "r2_5y": 0.7771007872339812,
+  "r2_full": 0.7397182386467104,
+  "corr_portfolio": 0.28052164153029346,
+  "corr_benchmark": 0.2966262182403779,
+  "alpha_pos_frac": 0.5904761904761905,
+  "fund_max_dd": -0.2237925464690994,
+  "first": "2017-06-07",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.96, vmbix -0.09",
+  "ref_full": "vweax +0.84, agg -0.81, ief +0.32, vblix +0.38, tlt -0.18, fxe +0.06"
+ },
+ "tunix": {
+  "sym": "tunix",
+  "name": "Transamerica Strategic Income",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0018097799022433175,
+  "alpha_t_5y": 0.11416453828863908,
+  "alpha_t_full": 0.49459915125690035,
+  "r2_5y": 0.29770203213890367,
+  "r2_full": 0.4534975551444759,
+  "corr_portfolio": 0.2137960698600892,
+  "corr_benchmark": 0.3599568807885904,
+  "alpha_pos_frac": 0.44776119402985076,
+  "fund_max_dd": -0.14303688860462338,
+  "first": "2015-01-05",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.38, vmbix +0.18, qqq -0.03, vwo +0.02",
+  "ref_full": "vweax +0.48, vmbix +0.11, vwo +0.03, qqq -0.02"
+ },
+ "tvafx": {
+  "sym": "tvafx",
+  "name": "Thornburg American Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05723565132993613,
+  "alpha_t_5y": -1.9780989767079786,
+  "alpha_t_full": -1.9292352544222289,
+  "r2_5y": 0.8950148709657693,
+  "r2_full": 0.9109407053350927,
+  "corr_portfolio": 0.2961239204013723,
+  "corr_benchmark": 0.5734804102644422,
+  "alpha_pos_frac": 0.4649122807017544,
+  "fund_max_dd": -0.5940537521171083,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.61, ivv +0.64, qqq -0.19, fxy -0.09, gsg +0.03",
+  "ref_full": "ivv +0.51, iwm +0.37, efa +0.11, vweax +0.13, vnq -0.04, agg +0.09"
+ },
+ "tvlax": {
+  "sym": "tvlax",
+  "name": "Touchstone Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0005314113245306716,
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+  "r2_5y": 0.9035884244520413,
+  "r2_full": 0.9126699093069754,
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+  "corr_benchmark": 0.5150992158466197,
+  "alpha_pos_frac": 0.5829596412556054,
+  "fund_max_dd": -0.7928720723552083,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.31, qqq -0.65, iwm +0.22, vwo +0.05, ief -0.12, vea +0.09",
+  "ref_full": "ivv +1.11, qqq -0.40, iwm +0.16, efa +0.08, gld -0.03, vweax +0.09"
+ },
+ "tvoax": {
+  "sym": "tvoax",
+  "name": "TOUCHSTONE SMALL CAP VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02940369518741987,
+  "alpha_t_5y": 1.1738930332871558,
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+  "r2_5y": 0.9070907197188594,
+  "r2_full": 0.9176502330481154,
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+  "corr_benchmark": 0.476500980023629,
+  "alpha_pos_frac": 0.5201793721973094,
+  "fund_max_dd": -0.6167304459079515,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.69, qqq -0.59, ivv +0.86, gld -0.06, vea +0.06",
+  "ref_full": "iwm +0.81, qqq -0.32, ivv +0.44, tlt -0.04, gsg +0.03, gld -0.02"
+ },
+ "twbix": {
+  "sym": "twbix",
+  "name": "BALANCED FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.021319083655352143,
+  "alpha_t_5y": -3.104901156205169,
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+  "corr_benchmark": 0.729315748058049,
+  "alpha_pos_frac": 0.5369649805447471,
+  "fund_max_dd": -0.33875219292386827,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.59, agg +0.18, iwm +0.03, vweax +0.06, ief +0.14, vnq -0.01",
+  "ref_full": "ivv +0.50, ief +0.18, qqq +0.05, iwm +0.03, vweax +0.06, agg +0.07"
+ },
+ "tweix": {
+  "sym": "tweix",
+  "name": "EQUITY INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0008423797441813812,
+  "alpha_t_5y": 0.049623704625772334,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.07, qqq -0.57, vnq +0.12, efa +0.09, fxe -0.06",
+  "ref_full": "ivv +0.94, qqq -0.35, efa +0.11, fxe -0.10, vnq +0.03, agg +0.06"
+ },
+ "twsmx": {
+  "sym": "twsmx",
+  "name": "STRATEGIC ALLOCATION: MODERATE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011828559826431592,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.28, vea +0.17, iwm +0.11, agg +0.20, vweax +0.13, vwo +0.03",
+  "ref_full": "ivv +0.32, efa +0.13, ief +0.16, iwm +0.10, vweax +0.16, vwo +0.04"
+ },
+ "twtix": {
+  "sym": "twtix",
+  "name": "INTERMEDIATE-TERM TAX-FREE BOND FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013373943259680922,
+  "alpha_t_5y": -1.305241327533494,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.25, ief +0.06, ivv -0.06, vnq +0.02, vblix +0.23, tlt -0.15",
+  "ref_full": "vweax +0.23, ief +0.06, fxy +0.03, agg +0.10, efa -0.02, vnq +0.01"
+ },
+ "twusx": {
+  "sym": "twusx",
+  "name": "SHORT-TERM GOVERNMENT FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0076452010953555975,
+  "alpha_t_5y": -1.371174218443526,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.32, tlt -0.20, vblix +0.12, ivv -0.02, vweax +0.06, agg +0.10",
+  "ref_full": "ief +0.27, tlt -0.07, vweax +0.05, fxy +0.01, agg +0.03, qqq -0.00"
+ },
+ "twvlx": {
+  "sym": "twvlx",
+  "name": "VALUE FUND",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.022016342415424904,
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+  "alpha_pos_frac": 0.47470817120622566,
+  "fund_max_dd": -0.5319237064196705,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.16, vnq +0.04, efa +0.15, ief -0.10, qqq -0.79, ivv +1.35",
+  "ref_full": "ivv +1.08, qqq -0.49, iwm +0.18, efa +0.13, fxe -0.10, tlt -0.05"
+ },
+ "tzinx": {
+  "sym": "tzinx",
+  "name": "Templeton Global Dynamic Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0053305943717195615,
+  "alpha_t_5y": 0.2627504552747435,
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+  "alpha_pos_frac": 0.5022421524663677,
+  "fund_max_dd": -0.3637009958888874,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea -0.05, iwm +0.12, vwo +0.14, vweax +0.30, fxe +0.18, efa +0.35",
+  "ref_full": "efa +0.33, vweax +0.46, iwm +0.12, vnq -0.08, vwo +0.05, djp +0.02"
+ },
+ "ubvlx": {
+  "sym": "ubvlx",
+  "name": "Undiscovered Managers Behavioral Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.037532078624002645,
+  "alpha_t_5y": 1.1885116162665683,
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+  "r2_5y": 0.8679141533045474,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.71, qqq -0.88, ivv +1.15, gld -0.08, efa +0.08, djp +0.04",
+  "ref_full": "iwm +0.82, vnq +0.10, qqq -0.46, ivv +0.53, ief -0.26, agg +0.21"
+ },
+ "udbpx": {
+  "sym": "udbpx",
+  "name": "UBS Sustainable Development Bank Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0016052758887704626,
+  "alpha_t_5y": -0.369654732975471,
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+  "r2_5y": 0.9537433213639928,
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+  "corr_benchmark": 0.5922471620418397,
+  "alpha_pos_frac": 0.6477272727272727,
+  "fund_max_dd": -0.15443177739034253,
+  "first": "2018-10-30",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.64, tlt -0.10, agg +0.21, ivv -0.03, fxy +0.01, qqq +0.01",
+  "ref_full": "ief +0.69, tlt -0.08, fxy +0.02, vmbix +0.04, efa -0.01, agg +0.04"
+ },
+ "ugsdx": {
+  "sym": "ugsdx",
+  "name": "U.S. Government Securities Ultra-Short Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008723085442498184,
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+  "r2_5y": 0.06122236504345613,
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+  "alpha_pos_frac": 0.3561643835616438,
+  "fund_max_dd": -0.028518379402283522,
+  "first": "2014-01-07",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.14, tlt -0.03",
+  "ref_full": "ief +0.13, tlt -0.03"
+ },
+ "ulst": {
+  "sym": "ulst",
+  "name": "State Street(R) Ultra Short Term Bond ETF",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.0028050043421371726,
+  "alpha_t_5y": 0.7610294364196811,
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+  "r2_5y": 0.10057393870148823,
+  "r2_full": 0.07955462627438736,
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+  "corr_benchmark": 0.13662013787709984,
+  "alpha_pos_frac": 0.4697986577181208,
+  "fund_max_dd": -0.062036329618759156,
+  "first": "2013-10-11",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.05",
+  "ref_full": "vweax +0.06, fxy +0.01, gld +0.01, vnq +0.01, vea -0.01"
+ },
+ "umemx": {
+  "sym": "umemx",
+  "name": "Columbia Emerging Markets Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05890840439218284,
+  "alpha_t_5y": -1.8602323471446822,
+  "alpha_t_full": -1.3315124105092635,
+  "r2_5y": 0.8800422835266082,
+  "r2_full": 0.8798648945175607,
+  "corr_portfolio": 0.24857317316905533,
+  "corr_benchmark": 0.4714657925070534,
+  "alpha_pos_frac": 0.5112107623318386,
+  "fund_max_dd": -0.6950940557197849,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.88, qqq +0.36, ivv -0.42, fxy -0.16, vea +1.73, efa -1.53",
+  "ref_full": "vwo +0.72, qqq +0.14, vweax +0.40, vnq -0.07, iwm +0.05"
+ },
+ "urlgx": {
+  "sym": "urlgx",
+  "name": "Columbia Select Large Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.08130482571724584,
+  "alpha_t_5y": -2.388801859542551,
+  "alpha_t_full": -2.0734312573036418,
+  "r2_5y": 0.8829381988882595,
+  "r2_full": 0.8966664471272014,
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+  "corr_benchmark": 0.5907240899846015,
+  "alpha_pos_frac": 0.5097276264591439,
+  "fund_max_dd": -0.5741740659275987,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.88, iwm +0.13",
+  "ref_full": "qqq +0.75, iwm +0.17, ivv +0.11, agg +0.09, vwo +0.03, vnq -0.02"
+ },
+ "usbnx": {
+  "sym": "usbnx",
+  "name": "Pear Tree Polaris Small Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.027730368775639294,
+  "alpha_t_5y": 1.0198556528394276,
+  "alpha_t_full": -0.2535234915993692,
+  "r2_5y": 0.8798881236169747,
+  "r2_full": 0.9047404385430808,
+  "corr_portfolio": 0.3635993246214791,
+  "corr_benchmark": 0.4532907193506882,
+  "alpha_pos_frac": 0.5882352941176471,
+  "fund_max_dd": -0.6440105774481001,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.71, qqq -0.60, ivv +0.80, ief -0.11, gld -0.05",
+  "ref_full": "iwm +0.81, efa +0.05, qqq -0.23, ivv +0.26, ief -0.26, agg +0.22"
+ },
+ "usbox": {
+  "sym": "usbox",
+  "name": "Pear Tree Quality Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.015588790218631214,
+  "alpha_t_5y": 0.8789254399812894,
+  "alpha_t_full": -0.5595105163245137,
+  "r2_5y": 0.9267783654887839,
+  "r2_full": 0.9332003736768881,
+  "corr_portfolio": 0.2903499323097966,
+  "corr_benchmark": 0.6040724364774324,
+  "alpha_pos_frac": 0.5201793721973094,
+  "fund_max_dd": -0.6563676729268237,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.83, efa +0.57, vea -0.44, gsg -0.04, fxe +0.08, iwm -0.03",
+  "ref_full": "ivv +0.81, efa +0.13, iwm -0.07, djp -0.02, vnq +0.02, qqq +0.05"
+ },
+ "usgax": {
+  "sym": "usgax",
+  "name": "Morgan Stanley Long Duration Government Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02467306634764951,
+  "alpha_t_5y": 0.9645739679308019,
+  "alpha_t_full": -1.475435589122778,
+  "r2_5y": 0.7409236344334169,
+  "r2_full": 0.47683963378048644,
+  "corr_portfolio": -0.09791734804413382,
+  "corr_benchmark": 0.563876158680455,
+  "alpha_pos_frac": 0.5375722543352601,
+  "fund_max_dd": -0.2960681709100159,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.54, vmbix +0.94, qqq -0.06, vblix +0.38, gsg -0.03, tlt -0.20",
+  "ref_full": "ief +0.60, agg +0.22, iwm +0.02, vweax +0.12, gsg -0.02, vnq +0.02"
+ },
+ "usglx": {
+  "sym": "usglx",
+  "name": "U.S. Global Leaders Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.08694828234629251,
+  "alpha_t_5y": -3.1126519993056725,
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+  "r2_5y": 0.8762407327122921,
+  "r2_full": 0.7966636555434861,
+  "corr_portfolio": 0.1745467050271182,
+  "corr_benchmark": 0.6189139780433132,
+  "alpha_pos_frac": 0.5560538116591929,
+  "fund_max_dd": -0.46818859311981553,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.72, qqq +0.28, vnq +0.12, iwm -0.04, vea -0.72, efa +0.65",
+  "ref_full": "ivv +0.63, qqq +0.29, vnq +0.03"
+ },
+ "usiax": {
+  "sym": "usiax",
+  "name": "UBS Ultra Short Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0014568605188928678,
+  "alpha_t_5y": -0.31958714103765457,
+  "alpha_t_full": -0.43866486720247544,
+  "r2_5y": 0.2070041335958892,
+  "r2_full": 0.2167409666631609,
+  "corr_portfolio": 0.07598460704814652,
+  "corr_benchmark": 0.11094756487650147,
+  "alpha_pos_frac": 0.4659090909090909,
+  "fund_max_dd": -0.022954005229236296,
+  "first": "2018-11-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.14, iwm -0.01, vea -0.01",
+  "ref_full": "vweax +0.11, vea -0.01, iwm -0.01"
+ },
+ "usmbx": {
+  "sym": "usmbx",
+  "name": "Columbia Ultra Short Duration Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012476546243958645,
+  "alpha_t_5y": -3.314460230061799,
+  "alpha_t_full": -3.1110941981182454,
+  "r2_5y": 0.20677138241664783,
+  "r2_full": 0.22206431374021585,
+  "corr_portfolio": 0.07084603957075758,
+  "corr_benchmark": 0.1699836396566459,
+  "alpha_pos_frac": 0.3900709219858156,
+  "fund_max_dd": -0.01976247273085152,
+  "first": "2014-05-28",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.11, ivv -0.01",
+  "ref_full": "vweax +0.04, efa -0.01, agg +0.02, tlt -0.06, vblix +0.08"
+ },
+ "usmsx": {
+  "sym": "usmsx",
+  "name": "JPMorgan Ultra-Short Municipal Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013746818528788946,
+  "alpha_t_5y": -4.8101988249623755,
+  "alpha_t_full": -4.034821415059326,
+  "r2_5y": 0.08464676914142422,
+  "r2_full": 0.1174669783319724,
+  "corr_portfolio": 0.0715015547226678,
+  "corr_benchmark": 0.18385198080614543,
+  "alpha_pos_frac": 0.47368421052631576,
+  "fund_max_dd": -0.021036638466940927,
+  "first": "2016-09-06",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.04, ief +0.01, qqq -0.00",
+  "ref_full": "vweax +0.04, agg +0.04, qqq -0.00, ief -0.02"
+ },
+ "usnyx": {
+  "sym": "usnyx",
+  "name": "Victory New York Bond Fund (Formerly USAA New York Bond Fund)",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": null,
+  "alpha_t_5y": NaN,
+  "alpha_t_full": 1.216121956216059,
+  "r2_5y": NaN,
+  "r2_full": 0.24459140456287531,
+  "corr_portfolio": -0.06597177598949447,
+  "corr_benchmark": 0.3513324398409089,
+  "alpha_pos_frac": 0.5555555555555556,
+  "fund_max_dd": -0.1536148799032271,
+  "first": "2007-06-04",
+  "verdict": "no 5y window",
+  "alpha_name": false,
+  "ref_5y": "pure alpha (no sleeve selected)",
+  "ref_full": "ief +0.16, vweax +0.24, agg +0.09, efa -0.01"
+ },
+ "utbpx": {
+  "sym": "utbpx",
+  "name": "UBS Multi Income Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004060105579641659,
+  "alpha_t_5y": -0.5150006438890692,
+  "alpha_t_full": -0.08229650999196186,
+  "r2_5y": 0.8454207257523065,
+  "r2_full": 0.8239369171093159,
+  "corr_portfolio": -0.033071102556037256,
+  "corr_benchmark": 0.6810094185790813,
+  "alpha_pos_frac": 0.5982905982905983,
+  "fund_max_dd": -0.16830706148851515,
+  "first": "2016-05-24",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.29, vweax +0.21, ief +0.16, fxy +0.03, vblix +0.06, fxe +0.03",
+  "ref_full": "vblix +0.23, vweax +0.16, ief +0.31, fxy +0.03, tlt -0.08, fxe +0.03"
+ },
+ "vadcx": {
+  "sym": "vadcx",
+  "name": "INVESCO EQUALLY-WEIGHTED S&P 500 FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009977870460482317,
+  "alpha_t_5y": -0.6655283124907255,
+  "alpha_t_full": 0.20947428517667857,
+  "r2_5y": 0.9508345103969255,
+  "r2_full": 0.9505838465169442,
+  "corr_portfolio": 0.3395217403478759,
+  "corr_benchmark": 0.5644233244999419,
+  "alpha_pos_frac": 0.4708171206225681,
+  "fund_max_dd": -0.6074449039682976,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.02, qqq -0.40, iwm +0.22, vnq +0.12, efa +0.05",
+  "ref_full": "ivv +0.86, iwm +0.22, qqq -0.22, vnq +0.08, efa +0.07, tlt -0.03"
+ },
+ "vafax": {
+  "sym": "vafax",
+  "name": "INVESCO AMERICAN FRANCHISE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.056291350397277354,
+  "alpha_t_5y": -2.347448854191018,
+  "alpha_t_full": -1.7958597428337475,
+  "r2_5y": 0.9402631653107213,
+  "r2_full": 0.8988388081740967,
+  "corr_portfolio": 0.1656787157586473,
+  "corr_benchmark": 0.5984952867723746,
+  "alpha_pos_frac": 0.5120967741935484,
+  "fund_max_dd": -0.48480433186148675,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.74, iwm +0.09, vnq -0.13, ivv +0.30, vwo +0.06",
+  "ref_full": "qqq +0.57, ivv +0.41, vnq -0.10, iwm +0.10, vwo -0.04, vweax +0.12"
+ },
+ "valix": {
+  "sym": "valix",
+  "name": "VALUE LINE CAPITAL APPRECIATION FUND INC",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.025625282153330074,
+  "alpha_t_5y": -1.0612583039683083,
+  "alpha_t_full": -1.1342455613567257,
+  "r2_5y": 0.9105073976519222,
+  "r2_full": 0.8056171614158159,
+  "corr_portfolio": 0.13198256136234532,
+  "corr_benchmark": 0.5864150425985462,
+  "alpha_pos_frac": 0.46613545816733065,
+  "fund_max_dd": -0.3514292143638482,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.67, iwm +0.25, vwo +0.07, ivv -0.19, vweax +0.20",
+  "ref_full": "qqq +0.37, iwm +0.18, vweax +0.17, vnq -0.09, ivv +0.25, ief +0.17"
+ },
+ "vallx": {
+  "sym": "vallx",
+  "name": "VALUE LINE LARGER COMPANIES FOCUSED FUND, INC.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04007193193964488,
+  "alpha_t_5y": -1.0139900053295343,
+  "alpha_t_full": -1.6461377589432251,
+  "r2_5y": 0.8824345388776046,
+  "r2_full": 0.8460846612351812,
+  "corr_portfolio": 0.09270654882121233,
+  "corr_benchmark": 0.5677310953046953,
+  "alpha_pos_frac": 0.5067264573991032,
+  "fund_max_dd": -0.5336444527906845,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.08, iwm +0.31, ivv -0.23, vnq -0.07, vwo +0.12, vea -0.12",
+  "ref_full": "qqq +0.67, iwm +0.20, vnq -0.13, ivv +0.28, gld +0.04, tlt +0.05"
+ },
+ "valq": {
+  "sym": "valq",
+  "name": "American Century U.S. Quality Value ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007631266716810742,
+  "alpha_t_5y": 0.36339950843629854,
+  "alpha_t_full": -0.07295470800280764,
+  "r2_5y": 0.8795161410584617,
+  "r2_full": 0.8914173618522739,
+  "corr_portfolio": 0.3794671553074451,
+  "corr_benchmark": 0.5782029027149852,
+  "alpha_pos_frac": 0.4948453608247423,
+  "fund_max_dd": -0.3818733317086854,
+  "first": "2018-01-17",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.04, qqq -0.42, iwm +0.16, vnq +0.06, efa +0.04",
+  "ref_full": "ivv +1.04, qqq -0.41, iwm +0.18, vnq +0.05, vweax +0.09"
+ },
+ "valsx": {
+  "sym": "valsx",
+  "name": "Value Line Select Core Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07629558620352117,
+  "alpha_t_5y": -2.2667169814493917,
+  "alpha_t_full": -0.6626397653664086,
+  "r2_5y": 0.7858687253277904,
+  "r2_full": 0.8901281027278031,
+  "corr_portfolio": 0.21417420471866264,
+  "corr_benchmark": 0.5938881369089087,
+  "alpha_pos_frac": 0.601593625498008,
+  "fund_max_dd": -0.5507757839204781,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.91, vnq +0.21, vwo -0.08, iwm -0.09",
+  "ref_full": "ivv +0.71, vnq +0.06, iwm +0.08, vwo +0.03, qqq +0.07, fxe +0.05"
+ },
+ "vasgx": {
+  "sym": "vasgx",
+  "name": "Vanguard LifeStrategy 80/20 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003269783338966358,
+  "alpha_t_5y": -0.3737932977667033,
+  "alpha_t_full": -0.9149313166438404,
+  "r2_5y": 0.9734530744519584,
+  "r2_full": 0.9850505369590293,
+  "corr_portfolio": 0.31706966237452167,
+  "corr_benchmark": 0.6521553448635754,
+  "alpha_pos_frac": 0.5606936416184971,
+  "fund_max_dd": -0.5116353945627726,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.38, vea +0.22, vwo +0.08, vblix +0.07, iwm +0.06, qqq +0.04",
+  "ref_full": "ivv +0.46, efa +0.17, vwo +0.08, iwm +0.06, ief +0.09, vnq +0.02"
+ },
+ "vasix": {
+  "sym": "vasix",
+  "name": "Vanguard LifeStrategy 20/80 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005962052933623325,
+  "alpha_t_5y": -1.0345796050893055,
+  "alpha_t_full": -1.5245915994964443,
+  "r2_5y": 0.939970861678008,
+  "r2_full": 0.9124364477921982,
+  "corr_portfolio": 0.13340976618852188,
+  "corr_benchmark": 0.9227965079939463,
+  "alpha_pos_frac": 0.5838150289017341,
+  "fund_max_dd": -0.18164534820250078,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.17, ivv +0.11, vea +0.08, ief +0.27, vblix +0.06, vweax +0.08",
+  "ref_full": "ivv +0.13, ief +0.40, efa +0.04, vnq +0.02, vwo +0.03, vweax +0.07"
+ },
+ "vasvx": {
+  "sym": "vasvx",
+  "name": "Vanguard Selected Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.019265010441960575,
+  "alpha_t_5y": 0.7840533435996965,
+  "alpha_t_full": 1.0624568039440976,
+  "r2_5y": 0.9037689167056867,
+  "r2_full": 0.9084423833137311,
+  "corr_portfolio": 0.3915080171084932,
+  "corr_benchmark": 0.512055254856349,
+  "alpha_pos_frac": 0.44298245614035087,
+  "fund_max_dd": -0.5569571920660914,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.47, efa +0.19, vnq +0.01, qqq -0.70, ivv +1.12, fxy -0.07",
+  "ref_full": "iwm +0.46, ivv +0.81, qqq -0.41, vweax +0.21, efa +0.10, vnq -0.03"
+ },
+ "vbiax": {
+  "sym": "vbiax",
+  "name": "VANGUARD BALANCED INDEX FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002894257480995607,
+  "alpha_t_5y": -0.5914503778885016,
+  "alpha_t_full": -0.9908027561508453,
+  "r2_5y": 0.9887514325949621,
+  "r2_full": 0.9902458657120694,
+  "corr_portfolio": 0.2506944778065977,
+  "corr_benchmark": 0.7363201041758902,
+  "alpha_pos_frac": 0.4624277456647399,
+  "fund_max_dd": -0.35895989540341255,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.47, agg +0.11, iwm +0.07, qqq +0.04, vblix +0.07, vmbix +0.13",
+  "ref_full": "ivv +0.50, ief +0.20, iwm +0.08, agg +0.07, vweax +0.05, qqq +0.02"
+ },
+ "vbilx": {
+  "sym": "vbilx",
+  "name": "Vanguard Intermediate-Term Bond Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0001412222836228567,
+  "alpha_t_5y": -0.03234148618720429,
+  "alpha_t_full": 0.25024990343934966,
+  "r2_5y": 0.9718897275180036,
+  "r2_full": 0.935591470604538,
+  "corr_portfolio": -0.11240404802508555,
+  "corr_benchmark": 0.6534356633098787,
+  "alpha_pos_frac": 0.4682080924855491,
+  "fund_max_dd": -0.1896336752200526,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.76, vweax +0.07, tlt -0.28, vblix +0.34, iwm -0.01, vmbix +0.04",
+  "ref_full": "ief +0.78, vweax +0.23, fxy +0.01, tlt -0.02, iwm -0.01, vwo +0.00"
+ },
+ "vbisx": {
+  "sym": "vbisx",
+  "name": "Vanguard Short-Term Bond Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00431404353826961,
+  "alpha_t_5y": -0.8909189571214158,
+  "alpha_t_full": 0.550619773983428,
+  "r2_5y": 0.8358077813279099,
+  "r2_full": 0.728868253663566,
+  "corr_portfolio": -0.11910238449861336,
+  "corr_benchmark": 0.4885162453545247,
+  "alpha_pos_frac": 0.4508670520231214,
+  "fund_max_dd": -0.08706460794061821,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.42, tlt -0.24, vblix +0.15, ivv -0.02, vweax +0.06, agg +0.15",
+  "ref_full": "ief +0.40, tlt -0.09, vweax +0.09, fxy +0.01, qqq -0.01, agg +0.04"
+ },
+ "vbllx": {
+  "sym": "vbllx",
+  "name": "Vanguard Long-Term Bond Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -6.6271803700975e-05,
+  "alpha_t_5y": -0.044018813040043264,
+  "alpha_t_full": 1.26460636190753,
+  "r2_5y": 0.9991962104708234,
+  "r2_full": 0.998850118727879,
+  "corr_portfolio": -0.11998047644620623,
+  "corr_benchmark": 0.7124523584457871,
+  "alpha_pos_frac": 0.023121387283236993,
+  "fund_max_dd": -0.38119415340415796,
+  "first": "2011-09-28",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +1.00",
+  "ref_full": "vblix +0.97, tlt +0.02, vweax +0.02"
+ },
+ "vbtlx": {
+  "sym": "vbtlx",
+  "name": "Vanguard Total Bond Market Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0023371660169451964,
+  "alpha_t_5y": -0.5316785808668737,
+  "alpha_t_full": -0.6254645260378656,
+  "r2_5y": 0.9677732945292841,
+  "r2_full": 0.8988855970948603,
+  "corr_portfolio": -0.12291627081609816,
+  "corr_benchmark": 0.6901765118664691,
+  "alpha_pos_frac": 0.49710982658959535,
+  "fund_max_dd": -0.18683274894502355,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.04, vblix +0.41, ief +0.35, tlt -0.21, vmbix +0.19, efa -0.01",
+  "ref_full": "ief +0.42, vweax +0.18, tlt +0.06, agg +0.08, vnq +0.01, fxy +0.01"
+ },
+ "vcaix": {
+  "sym": "vcaix",
+  "name": "Vanguard California Intermediate-Term Tax-Exempt Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011844536837441168,
+  "alpha_t_5y": -1.171466461247702,
+  "alpha_t_full": 1.0967281700180755,
+  "r2_5y": 0.4035782101623986,
+  "r2_full": 0.2916204676312436,
+  "corr_portfolio": 0.03203158480273146,
+  "corr_benchmark": 0.3539511319031331,
+  "alpha_pos_frac": 0.5330739299610895,
+  "fund_max_dd": -0.11210184448885652,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.34, ief +0.11, ivv -0.05, vnq +0.02",
+  "ref_full": "vweax +0.23, ief +0.07, fxy +0.03, agg +0.09, efa -0.02, vnq +0.01"
+ },
+ "vcdax": {
+  "sym": "vcdax",
+  "name": "Vanguard Consumer Discretionary Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04953799361926759,
+  "alpha_t_5y": -1.1791419563402703,
+  "alpha_t_full": -0.48434715383204674,
+  "r2_5y": 0.8234074902162005,
+  "r2_full": 0.8763097217917684,
+  "corr_portfolio": 0.1750186691459407,
+  "corr_benchmark": 0.60306486278509,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.6165643472913114,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.45, iwm +0.36, qqq +0.36, djp -0.07, vweax +0.36, vea -0.11",
+  "ref_full": "ivv +0.37, iwm +0.28, qqq +0.33, gsg -0.05, vnq +0.05, vweax +0.12"
+ },
+ "vcitx": {
+  "sym": "vcitx",
+  "name": "Vanguard California Long-Term Tax-Exempt Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010709949798605978,
+  "alpha_t_5y": -0.7531134845430913,
+  "alpha_t_full": 0.7511484539471152,
+  "r2_5y": 0.40587790677964686,
+  "r2_full": 0.29955367279507505,
+  "corr_portfolio": 0.024907652736402518,
+  "corr_benchmark": 0.36724217277148424,
+  "alpha_pos_frac": 0.5606936416184971,
+  "fund_max_dd": -0.1855415019993064,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.35, ief +0.09, ivv -0.07, vblix +0.27, tlt -0.17, vnq +0.02",
+  "ref_full": "agg +0.13, vweax +0.31, ief +0.09, fxy +0.04, efa -0.03, vnq +0.01"
+ },
+ "vcmdx": {
+  "sym": "vcmdx",
+  "name": "Vanguard Commodity Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02480674171823243,
+  "alpha_t_5y": 1.174403324442908,
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+  "r2_full": 0.8961398080145434,
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+  "alpha_pos_frac": 0.4125,
+  "fund_max_dd": -0.26671825078285527,
+  "first": "2019-06-26",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "djp +0.77, ief +0.31, vblix -0.15, vweax +0.13, fxy +0.05",
+  "ref_full": "djp +0.77, ief +0.27, fxy +0.04, vweax +0.18, vblix -0.12, qqq -0.03"
+ },
+ "vcorx": {
+  "sym": "vcorx",
+  "name": "Vanguard Core Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0003719864220026651,
+  "alpha_t_5y": -0.09312634056372861,
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+  "fund_max_dd": -0.18192394603083628,
+  "first": "2016-03-31",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.18, vblix +0.20, vmbix +0.22, ief +0.24, tlt -0.07",
+  "ref_full": "ief +0.29, vweax +0.04, vblix +0.22, vmbix +0.23, tlt -0.07, agg +0.06"
+ },
+ "vcsax": {
+  "sym": "vcsax",
+  "name": "Vanguard Consumer Staples Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0014248239073171196,
+  "alpha_t_5y": 0.03657811286437861,
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+  "r2_5y": 0.5154119989687271,
+  "r2_full": 0.6735510419685535,
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+  "corr_benchmark": 0.4644016731460247,
+  "alpha_pos_frac": 0.5148936170212766,
+  "fund_max_dd": -0.34338063462431334,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.26, ivv +1.19, qqq -0.58, iwm -0.18, gsg -0.05",
+  "ref_full": "ivv +1.04, qqq -0.32, gsg -0.05, iwm -0.13, vnq +0.06, agg +0.10"
+ },
+ "vctfx": {
+  "sym": "vctfx",
+  "name": "Nomura Tax-Free Colorado Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008287400731237349,
+  "alpha_t_5y": -0.531895640384042,
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+  "r2_full": 0.26155630270699326,
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+  "fund_max_dd": -0.1599051568715547,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.47, ief +0.08, ivv -0.08, vnq +0.03, vblix +0.07",
+  "ref_full": "agg +0.07, vweax +0.26, ief +0.13, fxy +0.03, gsg -0.01, vnq +0.01"
+ },
+ "vdadx": {
+  "sym": "vdadx",
+  "name": "Vanguard Dividend Appreciation Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002646238208682193,
+  "alpha_t_5y": -0.16416318445479255,
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+  "r2_5y": 0.9259946978207566,
+  "r2_full": 0.943367145250793,
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+  "alpha_pos_frac": 0.4794520547945205,
+  "fund_max_dd": -0.3169768329708257,
+  "first": "2013-12-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.30, qqq -0.43, vnq +0.05, gsg -0.03",
+  "ref_full": "ivv +1.24, qqq -0.33, gsg -0.03, vnq +0.04, vweax -0.08, iwm -0.02"
+ },
+ "vdeqx": {
+  "sym": "vdeqx",
+  "name": "Vanguard Diversified Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.026633663725173593,
+  "alpha_t_5y": -1.8008256351581116,
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+  "r2_5y": 0.9635395138964356,
+  "r2_full": 0.9757643953834055,
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+  "corr_benchmark": 0.6093989263349344,
+  "alpha_pos_frac": 0.5040322580645161,
+  "fund_max_dd": -0.5625710768724265,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.60, iwm +0.20, qqq +0.17, vweax +0.14, agg -0.09",
+  "ref_full": "ivv +0.65, iwm +0.18, qqq +0.14, efa +0.05, vweax +0.08, vnq -0.02"
+ },
+ "vdigx": {
+  "sym": "vdigx",
+  "name": "Vanguard Dividend Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02102182843528195,
+  "alpha_t_5y": -1.0947692292438826,
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+  "corr_benchmark": 0.5698482342498701,
+  "alpha_pos_frac": 0.5276595744680851,
+  "fund_max_dd": -0.45227713478781095,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.35, qqq -0.53, vnq +0.10, gsg -0.04, iwm -0.09, efa +0.06",
+  "ref_full": "ivv +1.08, qqq -0.28, efa +0.08, gsg -0.03, iwm -0.05, vnq +0.02"
+ },
+ "vedtx": {
+  "sym": "vedtx",
+  "name": "Vanguard Extended Duration Treasury Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002686096482101858,
+  "alpha_t_5y": -0.30296219382807504,
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+  "r2_full": 0.9648105250596946,
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+  "corr_benchmark": 0.6408238903819863,
+  "alpha_pos_frac": 0.3988439306358382,
+  "fund_max_dd": -0.600024933592507,
+  "first": "2007-11-21",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "tlt +1.33, ief -0.58, vmbix +0.39, vblix +0.41, vweax -0.15, agg -0.40",
+  "ref_full": "tlt +1.58, agg -0.25, ief -0.19, vweax +0.05"
+ },
+ "veirx": {
+  "sym": "veirx",
+  "name": "Vanguard Equity Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.016075892012337355,
+  "alpha_t_5y": 0.9372695847657397,
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+  "alpha_pos_frac": 0.5022421524663677,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.40, qqq -0.70, iwm +0.09, vea +0.09, gsg +0.03, vnq +0.03",
+  "ref_full": "ivv +1.13, qqq -0.40, vnq +0.05, efa +0.09, iwm +0.04, fxe -0.05"
+ },
+ "vemax": {
+  "sym": "vemax",
+  "name": "Vanguard Emerging Markets Stock Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0059386576537976766,
+  "alpha_t_5y": -0.3663266423526747,
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+  "r2_5y": 0.9411434309195386,
+  "r2_full": 0.9263266981359368,
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+  "alpha_pos_frac": 0.49122807017543857,
+  "fund_max_dd": -0.6644683947953667,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.89, fxy -0.05, vnq -0.03, vweax +0.20, agg -0.11, efa -0.04",
+  "ref_full": "vwo +0.71, vweax +0.34, agg -0.13, efa +0.06, gsg +0.02, fxy -0.04"
+ },
+ "vembx": {
+  "sym": "vembx",
+  "name": "Vanguard Emerging Markets Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.015561041730389682,
+  "alpha_t_5y": 0.9804615436661748,
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+  "alpha_pos_frac": 0.5333333333333333,
+  "fund_max_dd": -0.24355809364953274,
+  "first": "2016-03-11",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.62, agg +0.36, vwo +0.04, gsg -0.02, qqq -0.04, efa +0.06",
+  "ref_full": "vweax +0.61, agg +0.12, vwo +0.06, vblix +0.12, qqq -0.04, vea +0.06"
+ },
+ "venax": {
+  "sym": "venax",
+  "name": "Vanguard Energy Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.06735479409830278,
+  "alpha_t_5y": 1.015409821174735,
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+  "r2_5y": 0.6627539398910203,
+  "r2_full": 0.7537265469172205,
+  "corr_portfolio": 0.37817255218002144,
+  "corr_benchmark": 0.2665561373062884,
+  "alpha_pos_frac": 0.46382978723404256,
+  "fund_max_dd": -0.7441499988758469,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "gsg +0.65, iwm +0.40, qqq -1.16, ivv +1.71, vnq -0.20, ief -0.25",
+  "ref_full": "ivv +1.40, gsg +0.51, qqq -0.83, iwm +0.34, vnq -0.16, vwo +0.15"
+ },
+ "vesgx": {
+  "sym": "vesgx",
+  "name": "Vanguard Global ESG Select Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.016684495970408192,
+  "alpha_t_5y": 0.9783881803778314,
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+  "r2_5y": 0.9223656551727301,
+  "r2_full": 0.9451571524126534,
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+  "corr_benchmark": 0.6351248996428658,
+  "alpha_pos_frac": 0.48148148148148145,
+  "fund_max_dd": -0.30515474131350817,
+  "first": "2019-06-17",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.43, ivv +0.61, qqq -0.16, vnq +0.05, gsg -0.03, vmbix +0.07",
+  "ref_full": "vea +0.17, ivv +0.59, qqq -0.14, gsg -0.03, vnq +0.05, efa +0.28"
+ },
+ "veusx": {
+  "sym": "veusx",
+  "name": "Vanguard European Stock Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.015225674863530088,
+  "alpha_t_5y": 0.9540322365682534,
+  "alpha_t_full": 0.13188895506220444,
+  "r2_5y": 0.95116352788747,
+  "r2_full": 0.9499888526421678,
+  "corr_portfolio": 0.3709311684863222,
+  "corr_benchmark": 0.5099014544790239,
+  "alpha_pos_frac": 0.5067264573991032,
+  "fund_max_dd": -0.6328039885305565,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +1.28, fxe +0.30, vea -0.31, fxy -0.10, vweax +0.20, qqq -0.05",
+  "ref_full": "efa +0.95, fxe +0.27, vweax +0.28, agg -0.16, fxy -0.06, vwo -0.03"
+ },
+ "vevfx": {
+  "sym": "vevfx",
+  "name": "Vanguard Explorer Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02278459751307174,
+  "alpha_t_5y": 0.9715443933649379,
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+  "r2_5y": 0.9276594363809548,
+  "r2_full": 0.9479948265872691,
+  "corr_portfolio": 0.33909903365840977,
+  "corr_benchmark": 0.5158136521614146,
+  "alpha_pos_frac": 0.4869109947643979,
+  "fund_max_dd": -0.4753387060772998,
+  "first": "2010-03-31",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.73, vnq +0.04, ief -0.05, qqq -0.47, ivv +0.75, gld -0.04",
+  "ref_full": "iwm +0.76, vnq +0.04, ief -0.09, vweax +0.18, qqq -0.34, ivv +0.52"
+ },
+ "vexax": {
+  "sym": "vexax",
+  "name": "Vanguard Extended Market Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.025951944038488536,
+  "alpha_t_5y": -1.4657679411954354,
+  "alpha_t_full": -0.6381372571192345,
+  "r2_5y": 0.9644714477347134,
+  "r2_full": 0.9713317753565943,
+  "corr_portfolio": 0.2230802003072895,
+  "corr_benchmark": 0.5943085948297318,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.5808381183905612,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.74, qqq +0.24, vnq +0.04, vweax +0.10, fxy -0.04",
+  "ref_full": "iwm +0.69, ivv +0.14, qqq +0.14, djp +0.04, agg +0.11, vnq +0.03"
+ },
+ "vexrx": {
+  "sym": "vexrx",
+  "name": "VANGUARD EXPLORER FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03108656886900936,
+  "alpha_t_5y": -1.6516280841377855,
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+  "r2_5y": 0.9554543131264814,
+  "r2_full": 0.9631021579221151,
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+  "corr_benchmark": 0.5843823091304061,
+  "alpha_pos_frac": 0.5097276264591439,
+  "fund_max_dd": -0.5726144976083822,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.70, qqq +0.23, vnq +0.05",
+  "ref_full": "iwm +0.69, qqq +0.20, vweax +0.12, djp +0.03, vnq -0.04, ivv +0.11"
+ },
+ "vfaix": {
+  "sym": "vfaix",
+  "name": "Vanguard Financials Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.018615958623912618,
+  "alpha_t_5y": 0.5653079892303464,
+  "alpha_t_full": 0.7774840870679499,
+  "r2_5y": 0.8365793252309331,
+  "r2_full": 0.8601770656648048,
+  "corr_portfolio": 0.394242804383243,
+  "corr_benchmark": 0.42919503085273425,
+  "alpha_pos_frac": 0.4823529411764706,
+  "fund_max_dd": -0.7863890059133843,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.28, ivv +1.73, qqq -0.93, ief -0.21, gld -0.09, efa +0.09",
+  "ref_full": "ivv +1.35, vnq +0.27, qqq -0.67, iwm +0.26, gld -0.12, ief -0.27"
+ },
+ "vffvx": {
+  "sym": "vffvx",
+  "name": "Vanguard Target Retirement 2055 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0015299459574389374,
+  "alpha_t_5y": -0.16299872661737333,
+  "alpha_t_full": 0.09066040206302124,
+  "r2_5y": 0.97523419805033,
+  "r2_full": 0.9875989273710312,
+  "corr_portfolio": 0.32318562886665486,
+  "corr_benchmark": 0.6292735481950245,
+  "alpha_pos_frac": 0.5260115606936416,
+  "fund_max_dd": -0.3139639878415412,
+  "first": "2010-08-19",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.43, vea +0.24, vwo +0.09, iwm +0.06, vblix +0.03, qqq +0.04",
+  "ref_full": "ivv +0.48, vea +0.22, vwo +0.07, iwm +0.07, vweax +0.08, ief +0.05"
+ },
+ "vfiax": {
+  "sym": "vfiax",
+  "name": "Vanguard 500 Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0008368590681638562,
+  "alpha_t_5y": 0.18913424502254217,
+  "alpha_t_full": 0.016406242783911017,
+  "r2_5y": 0.9960416679388402,
+  "r2_full": 0.9938770461355365,
+  "corr_portfolio": 0.2837530074798181,
+  "corr_benchmark": 0.6172231249634884,
+  "alpha_pos_frac": 0.5445544554455446,
+  "fund_max_dd": -0.5520358948934877,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.97, qqq +0.02, iwm +0.01",
+  "ref_full": "ivv +0.96, vnq +0.01, vwo +0.01, qqq +0.02, gsg +0.01, fxy -0.01"
+ },
+ "vfidx": {
+  "sym": "vfidx",
+  "name": "Vanguard Intermediate-Term Investment-Grade Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00458945478134723,
+  "alpha_t_5y": 0.9267414830571397,
+  "alpha_t_full": 0.4162074642662689,
+  "r2_5y": 0.9637895803181898,
+  "r2_full": 0.8737846200678391,
+  "corr_portfolio": -0.04028824543009168,
+  "corr_benchmark": 0.6874770996371689,
+  "alpha_pos_frac": 0.4624277456647399,
+  "fund_max_dd": -0.2011992608951796,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.14, vweax +0.15, ief +0.54, vblix +0.56, tlt -0.41",
+  "ref_full": "ief +0.62, vweax +0.34, fxe +0.01, agg +0.05, tlt -0.02, fxy +0.01"
+ },
+ "vfifx": {
+  "sym": "vfifx",
+  "name": "Vanguard Target Retirement 2050 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0028078125220489503,
+  "alpha_t_5y": -0.29914841440427226,
+  "alpha_t_full": -0.40881603119409593,
+  "r2_5y": 0.9752072534120414,
+  "r2_full": 0.9884350346784301,
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+  "corr_benchmark": 0.6291760498570858,
+  "alpha_pos_frac": 0.5491329479768786,
+  "fund_max_dd": -0.5167987422886766,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.48, vea +0.23, vwo +0.10, iwm +0.06, vblix +0.15, tlt -0.09",
+  "ref_full": "ivv +0.51, efa +0.19, iwm +0.09, vwo +0.07, vweax +0.08, ief +0.05"
+ },
+ "vfijx": {
+  "sym": "vfijx",
+  "name": "Vanguard GNMA Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0006936906396737818,
+  "alpha_t_5y": -0.12359242450340477,
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+  "r2_5y": 0.9496243462048468,
+  "r2_full": 0.6845277009516817,
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+  "corr_benchmark": 0.6354716230766317,
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+  "fund_max_dd": -0.15951588498293567,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.85, vweax +0.06, efa -0.02, ief +0.08, tlt -0.13, vblix +0.15",
+  "ref_full": "ief +0.50, vweax +0.13, agg +0.16, tlt -0.06, vnq +0.01, vwo +0.01"
+ },
+ "vfirx": {
+  "sym": "vfirx",
+  "name": "Vanguard Short-Term Treasury Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006831781482903574,
+  "alpha_t_5y": -1.2285896289982245,
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+  "r2_5y": 0.7377837965663598,
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+  "fund_max_dd": -0.06740494755054938,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.47, tlt -0.22, vblix +0.13, iwm -0.01, vweax +0.07, efa -0.01",
+  "ref_full": "ief +0.35, tlt -0.08, vweax +0.05, fxy +0.01, qqq -0.00, agg +0.03"
+ },
+ "vfiux": {
+  "sym": "vfiux",
+  "name": "Vanguard Intermediate-Term Treasury Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0013013619825736785,
+  "alpha_t_5y": -0.24602259670090024,
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+  "r2_5y": 0.9468767120469114,
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+  "corr_benchmark": 0.5734439615238741,
+  "alpha_pos_frac": 0.5028901734104047,
+  "fund_max_dd": -0.15305938304943445,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.83, tlt -0.24, vblix +0.18, qqq -0.02, vweax +0.05, vmbix +0.06",
+  "ref_full": "ief +0.80, tlt -0.08, vweax +0.07, qqq -0.01, fxy +0.01"
+ },
+ "vfmf": {
+  "sym": "vfmf",
+  "name": "Vanguard U.S. Multifactor ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.041455522745790424,
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+  "alpha_pos_frac": 0.4791666666666667,
+  "fund_max_dd": -0.41339293374482533,
+  "first": "2018-02-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.52, ivv +1.07, qqq -0.54, vnq -0.08, gsg +0.04, ief -0.10",
+  "ref_full": "iwm +0.51, ivv +0.96, qqq -0.44, vmbix -0.16, djp +0.05, vnq -0.06"
+ },
+ "vfmfx": {
+  "sym": "vfmfx",
+  "name": "Vanguard U.S. Multifactor Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03697356146896472,
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+  "fund_max_dd": -0.4118012744719991,
+  "first": "2018-02-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.52, ivv +1.09, qqq -0.54, vnq -0.08, gsg +0.04, agg -0.13",
+  "ref_full": "iwm +0.50, ivv +0.95, qqq -0.41, vnq -0.06, gsg +0.03, ief -0.11"
+ },
+ "vfmo": {
+  "sym": "vfmo",
+  "name": "Vanguard U.S. Momentum Factor ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.016925852836688886,
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+  "alpha_pos_frac": 0.53125,
+  "fund_max_dd": -0.36774244565437897,
+  "first": "2018-02-20",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.64, qqq +0.05, vnq -0.20, vea +1.05, efa -0.92, ivv +0.38",
+  "ref_full": "iwm +0.58, qqq +0.39, gld +0.08, vmbix -0.53, tlt +0.11, djp +0.05"
+ },
+ "vfmv": {
+  "sym": "vfmv",
+  "name": "Vanguard U.S. Minimum Volatility ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.014125008707099153,
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+  "alpha_pos_frac": 0.5520833333333334,
+  "fund_max_dd": -0.33636589938224304,
+  "first": "2018-02-16",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.87, qqq -0.33, vnq +0.13, iwm +0.04, gsg -0.02",
+  "ref_full": "ivv +0.72, vnq +0.13, qqq -0.21, agg +0.37, vmbix -0.33, iwm +0.05"
+ },
+ "vforx": {
+  "sym": "vforx",
+  "name": "Vanguard Target Retirement 2040 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004549405877794259,
+  "alpha_t_5y": -0.5231829417157096,
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+  "corr_portfolio": 0.3214797426685481,
+  "corr_benchmark": 0.63918708811324,
+  "alpha_pos_frac": 0.4913294797687861,
+  "fund_max_dd": -0.5163026427902013,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.41, vea +0.20, vblix +0.07, vwo +0.08, iwm +0.05, vweax +0.08",
+  "ref_full": "ivv +0.45, efa +0.19, vwo +0.08, iwm +0.07, vnq +0.02, ief +0.05"
+ },
+ "vfqy": {
+  "sym": "vfqy",
+  "name": "Vanguard U.S. Quality Factor ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007829155473803221,
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+  "fund_max_dd": -0.3741407328138624,
+  "first": "2018-02-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.44, ivv +0.75, qqq -0.20, gld -0.05",
+  "ref_full": "iwm +0.48, ivv +0.61, qqq -0.14, gld -0.05, efa +0.29, vea -0.25"
+ },
+ "vfsix": {
+  "sym": "vfsix",
+  "name": "Vanguard Short-Term Investment-Grade Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0021819432690318146,
+  "alpha_t_5y": 0.45233272480684944,
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+  "r2_5y": 0.8420703839990322,
+  "r2_full": 0.6656446097482127,
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+  "corr_benchmark": 0.5234709192308717,
+  "alpha_pos_frac": 0.41040462427745666,
+  "fund_max_dd": -0.09214380381762055,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.32, vweax +0.10, tlt -0.29, vblix +0.25, ivv -0.02, agg +0.18",
+  "ref_full": "ief +0.32, vweax +0.19, tlt -0.07, fxy +0.02, iwm -0.01, agg +0.03"
+ },
+ "vfsnx": {
+  "sym": "vfsnx",
+  "name": "Vanguard FTSE All-World ex-US Small-Cap Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014326708460657974,
+  "alpha_t_5y": -0.7880214864825632,
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+  "r2_5y": 0.9187886992741245,
+  "r2_full": 0.9070207915294333,
+  "corr_portfolio": 0.37697027761358026,
+  "corr_benchmark": 0.5506585414259568,
+  "alpha_pos_frac": 0.5172413793103449,
+  "fund_max_dd": -0.4364785037554646,
+  "first": "2009-03-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.99, vwo +0.18, vweax +0.38, efa -0.40, fxe +0.12, djp +0.04",
+  "ref_full": "vea +0.52, vweax +0.48, vwo +0.15, gld +0.07, iwm +0.06, fxe +0.08"
+ },
+ "vftnx": {
+  "sym": "vftnx",
+  "name": "Vanguard FTSE Social Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.007849225420911902,
+  "alpha_t_5y": -1.110420669852788,
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+  "r2_5y": 0.9914961854581096,
+  "r2_full": 0.9764261217547986,
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+  "corr_benchmark": 0.6221045807421244,
+  "alpha_pos_frac": 0.48878923766816146,
+  "fund_max_dd": -0.636863024183093,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.80, qqq +0.23, gsg -0.02, vea -0.13, efa +0.11, vweax +0.04",
+  "ref_full": "ivv +0.81, vnq +0.08, qqq +0.17, gld -0.02, fxy -0.03, gsg -0.01"
+ },
+ "vfva": {
+  "sym": "vfva",
+  "name": "Vanguard U.S. Value Factor ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03526598973024623,
+  "alpha_t_5y": 1.2822989115619308,
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+  "r2_5y": 0.8940128845599378,
+  "r2_full": 0.9158723452540996,
+  "corr_portfolio": 0.40596238796755074,
+  "corr_benchmark": 0.48799055065513797,
+  "alpha_pos_frac": 0.4895833333333333,
+  "fund_max_dd": -0.4857335852219272,
+  "first": "2018-02-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.61, gsg +0.05, vnq -0.02, ief -0.12, qqq -0.80, ivv +1.27",
+  "ref_full": "iwm +0.68, gsg +0.06, vnq -0.04, ief -0.16, qqq -0.78, ivv +1.19"
+ },
+ "vfwsx": {
+  "sym": "vfwsx",
+  "name": "Vanguard FTSE All-World ex-US Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0028439901435153227,
+  "alpha_t_5y": 0.30209269466818583,
+  "alpha_t_full": -0.041261379295909124,
+  "r2_5y": 0.9787934089138739,
+  "r2_full": 0.9746531548875336,
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+  "corr_benchmark": 0.5426913361776702,
+  "alpha_pos_frac": 0.5246636771300448,
+  "fund_max_dd": -0.6124603229622443,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.68, vwo +0.25, vweax +0.09, vnq -0.02, tlt -0.01",
+  "ref_full": "efa +0.66, vwo +0.20, vweax +0.23, djp +0.03, agg -0.09, fxe +0.04"
+ },
+ "vgcax": {
+  "sym": "vgcax",
+  "name": "Vanguard Global Credit Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.002280690546813616,
+  "alpha_t_5y": 0.45123871319872866,
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+  "r2_5y": 0.940287601799911,
+  "r2_full": 0.920530092390657,
+  "corr_portfolio": -0.030644405219742193,
+  "corr_benchmark": 0.7584433882205469,
+  "alpha_pos_frac": 0.5402298850574713,
+  "fund_max_dd": -0.1862778933412058,
+  "first": "2018-11-16",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.31, vweax +0.13, vblix +0.23, ief +0.19, tlt -0.10, fxe -0.02",
+  "ref_full": "vblix +0.36, vweax +0.15, ief +0.26, tlt -0.18, agg +0.10, vnq +0.01"
+ },
+ "vgelx": {
+  "sym": "vgelx",
+  "name": "Vanguard Energy Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.05441187831838753,
+  "alpha_t_5y": 1.3805978857273726,
+  "alpha_t_full": 0.7811521953334899,
+  "r2_5y": 0.6930583510885694,
+  "r2_full": 0.8177100579594764,
+  "corr_portfolio": 0.3735382116130365,
+  "corr_benchmark": 0.3444406949909811,
+  "alpha_pos_frac": 0.45739910313901344,
+  "fund_max_dd": -0.6522251470520266,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "gsg +0.34, efa -0.16, vnq +0.06, qqq -0.75, ivv +1.06, vea +0.52",
+  "ref_full": "efa +0.30, gsg +0.40, ivv +0.87, qqq -0.55, vwo +0.18, iwm +0.08"
+ },
+ "vghax": {
+  "sym": "vghax",
+  "name": "Vanguard Health Care Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0009340353409198827,
+  "alpha_t_5y": -0.02224452737990248,
+  "alpha_t_full": 1.232883288885399,
+  "r2_5y": 0.5636695028265314,
+  "r2_full": 0.693500177564679,
+  "corr_portfolio": 0.24368976338388523,
+  "corr_benchmark": 0.5187435795708975,
+  "alpha_pos_frac": 0.484304932735426,
+  "fund_max_dd": -0.3685078921030539,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.81, qqq -0.34, efa +1.10, ief +0.21, vea -0.91, vnq +0.11",
+  "ref_full": "ivv +0.69, efa +0.22, vwo -0.08, ief +0.14, gsg -0.04, qqq -0.09"
+ },
+ "vgiax": {
+  "sym": "vgiax",
+  "name": "Vanguard Growth and Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0013893497317287366,
+  "alpha_t_5y": -0.1591728106683765,
+  "alpha_t_full": -0.6189420609775885,
+  "r2_5y": 0.9851426349083632,
+  "r2_full": 0.9868120481464506,
+  "corr_portfolio": 0.2953512820821749,
+  "corr_benchmark": 0.6106285776274755,
+  "alpha_pos_frac": 0.5450980392156862,
+  "fund_max_dd": -0.5679085333524349,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.95, vnq -0.04, iwm +0.03, gld +0.01, agg -0.05, qqq +0.03",
+  "ref_full": "ivv +0.95, qqq +0.03, efa +0.02, fxy -0.02, djp +0.01"
+ },
+ "vgivx": {
+  "sym": "vgivx",
+  "name": "Vanguard Emerging Markets Government Bond Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004647577547116829,
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+  "r2_full": 0.6200674161976056,
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+  "alpha_pos_frac": 0.5555555555555556,
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+  "first": "2013-05-15",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.56, agg +0.16, vwo +0.04, vblix +0.13, fxe +0.05",
+  "ref_full": "vweax +0.53, agg +0.27, vwo +0.07, vblix +0.28, tlt -0.15, qqq -0.03"
+ },
+ "vglsx": {
+  "sym": "vglsx",
+  "name": "Global Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0009127470125529772,
+  "alpha_t_5y": 0.061267860710298716,
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+  "r2_5y": 0.8829959536599223,
+  "r2_full": 0.8714653286915433,
+  "corr_portfolio": 0.3326708445120672,
+  "corr_benchmark": 0.582128791454986,
+  "alpha_pos_frac": 0.484304932735426,
+  "fund_max_dd": -0.37051199650859856,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.35, vea +0.21, ief +0.20, vwo +0.04, vweax +0.12, vnq -0.03",
+  "ref_full": "efa +0.28, ivv +0.27, vweax +0.23, vnq -0.05, vwo +0.05, djp +0.02"
+ },
+ "vgpmx": {
+  "sym": "vgpmx",
+  "name": "Vanguard Global Capital Cycles Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.07868767540514475,
+  "alpha_t_5y": 2.61347094812909,
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+  "r2_5y": 0.83528901528156,
+  "r2_full": 0.7176715653662993,
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+  "corr_benchmark": 0.42311063755452494,
+  "alpha_pos_frac": 0.5336322869955157,
+  "fund_max_dd": -0.790406403964184,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.59, djp +0.16, gld +0.15, vwo +0.18, iwm +0.13, qqq -0.07",
+  "ref_full": "efa +0.35, gld +0.43, vwo +0.30, djp +0.20, iwm +0.16, fxe +0.16"
+ },
+ "vgrlx": {
+  "sym": "vgrlx",
+  "name": "Vanguard Global ex-U.S. Real Estate Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03929082250427575,
+  "alpha_t_5y": -1.397267537062261,
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+  "r2_full": 0.7844546174266369,
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+  "alpha_pos_frac": 0.5217391304347826,
+  "fund_max_dd": -0.3876591166513994,
+  "first": "2010-11-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.50, vnq +0.20, ivv -0.22, vwo +0.17, vweax +0.35, fxy +0.12",
+  "ref_full": "vea +0.51, vweax +0.41, vwo +0.19, vnq +0.15, ivv -0.19, fxy +0.06"
+ },
+ "vgsbx": {
+  "sym": "vgsbx",
+  "name": "VY(R) BrandywineGLOBAL - Bond Portfolio",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.015277968683871471,
+  "alpha_t_5y": 1.2176045502745145,
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+  "alpha_pos_frac": 0.3484848484848485,
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+  "first": "2015-02-20",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.11, vmbix +0.63, tlt +0.17, qqq -0.02",
+  "ref_full": "vmbix +0.57, vblix +0.16, vweax +0.14, vnq +0.02, qqq -0.02, agg +0.12"
+ },
+ "vgslx": {
+  "sym": "vgslx",
+  "name": "Vanguard Real Estate Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00021708537840535455,
+  "alpha_t_5y": 0.034980163057235385,
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+  "r2_5y": 0.9936578560241014,
+  "r2_full": 0.9891154341556809,
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+  "corr_benchmark": 0.5777107705013043,
+  "alpha_pos_frac": 0.6770428015564203,
+  "fund_max_dd": -0.7406503568212848,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +1.00",
+  "ref_full": "vnq +1.02, agg -0.19, ief +0.09, fxe +0.02"
+ },
+ "vgstx": {
+  "sym": "vgstx",
+  "name": "Vanguard Star Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014450059275907763,
+  "alpha_t_5y": -1.3380177031366667,
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+  "corr_benchmark": 0.7145144769141019,
+  "alpha_pos_frac": 0.4682080924855491,
+  "fund_max_dd": -0.3861586415626237,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.37, vmbix +0.15, efa +0.12, iwm +0.09, vwo +0.09, vblix +0.10",
+  "ref_full": "ivv +0.27, efa +0.17, ief +0.23, iwm +0.08, vweax +0.15, qqq +0.08"
+ },
+ "vgtsx": {
+  "sym": "vgtsx",
+  "name": "Vanguard Total International Stock Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0005097762535719799,
+  "alpha_t_5y": 0.05185928374086184,
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+  "r2_5y": 0.976381897710158,
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+  "corr_benchmark": 0.5431520513068151,
+  "alpha_pos_frac": 0.5028901734104047,
+  "fund_max_dd": -0.6147758412665008,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.66, vwo +0.25, vweax +0.07, tlt -0.10, vblix +0.11",
+  "ref_full": "efa +0.66, vwo +0.19, vweax +0.25, djp +0.03, agg -0.09, fxe +0.05"
+ },
+ "vgwix": {
+  "sym": "vgwix",
+  "name": "Vanguard Global Wellesley Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.015115717994972508,
+  "alpha_t_5y": 2.1671637525928427,
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+  "r2_5y": 0.926561543569129,
+  "r2_full": 0.9001435015949282,
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+  "corr_benchmark": 0.7754633839997448,
+  "alpha_pos_frac": 0.52,
+  "fund_max_dd": -0.17737326228335726,
+  "first": "2017-10-19",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.18, agg +0.46, vnq +0.03, qqq -0.17, ivv +0.26, vweax +0.08",
+  "ref_full": "vea +0.06, agg +0.19, vnq +0.07, vweax +0.15, vblix +0.07, efa +0.17"
+ },
+ "vgwlx": {
+  "sym": "vgwlx",
+  "name": "Vanguard Global Wellington Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017211787465671046,
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+  "alpha_pos_frac": 0.46,
+  "fund_max_dd": -0.2528335560299918,
+  "first": "2017-11-07",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.28, vnq +0.02, ivv +0.54, qqq -0.26, agg +0.24",
+  "ref_full": "vea +0.28, ivv +0.54, qqq -0.24, ief +0.15, vweax +0.07, vnq +0.02"
+ },
+ "vhcix": {
+  "sym": "vhcix",
+  "name": "Vanguard Health Care Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00048798651114785916,
+  "alpha_t_5y": -0.011752287543962493,
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+  "r2_5y": 0.5788270305829555,
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+  "corr_benchmark": 0.5060781414841647,
+  "alpha_pos_frac": 0.5148936170212766,
+  "fund_max_dd": -0.3911865726797228,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.18, qqq -0.51, vnq +0.14, gsg -0.07, ief +0.13",
+  "ref_full": "ivv +0.91, gsg -0.05, qqq -0.14, vwo -0.05, agg +0.13, iwm +0.06"
+ },
+ "vhcox": {
+  "sym": "vhcox",
+  "name": "Vanguard Capital Opportunity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.021651266429805822,
+  "alpha_t_5y": 0.9011208161823199,
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+  "r2_5y": 0.9143647494699516,
+  "r2_full": 0.9329723729955803,
+  "corr_portfolio": 0.2579588317549654,
+  "corr_benchmark": 0.5821973564314161,
+  "alpha_pos_frac": 0.49327354260089684,
+  "fund_max_dd": -0.5475560473261712,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.25, vwo +0.12, iwm +0.28, qqq +0.30, vnq -0.08, vea +0.13",
+  "ref_full": "ivv +0.24, qqq +0.36, iwm +0.28, efa +0.10, vnq -0.05, vwo +0.03"
+ },
+ "vhgex": {
+  "sym": "vhgex",
+  "name": "Vanguard Global Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03226357579337379,
+  "alpha_t_5y": -1.93971651978085,
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+  "r2_5y": 0.9524536906984028,
+  "r2_full": 0.9673671907589848,
+  "corr_portfolio": 0.27766991454825174,
+  "corr_benchmark": 0.6176326466219212,
+  "alpha_pos_frac": 0.5577689243027888,
+  "fund_max_dd": -0.6367111225646651,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.38, vwo +0.17, efa +0.21, iwm +0.13, qqq +0.14, vweax +0.17",
+  "ref_full": "ivv +0.31, efa +0.29, vwo +0.11, vweax +0.22, iwm +0.10, qqq +0.12"
+ },
+ "vhiax": {
+  "sym": "vhiax",
+  "name": "JPMorgan Growth Advantage Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0462174037031895,
+  "alpha_t_5y": -2.37699159530469,
+  "alpha_t_full": -0.8470761501052498,
+  "r2_5y": 0.9572650828400838,
+  "r2_full": 0.9547813268544766,
+  "corr_portfolio": 0.1587895445017445,
+  "corr_benchmark": 0.6007767822145881,
+  "alpha_pos_frac": 0.4980544747081712,
+  "fund_max_dd": -0.851579897914705,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.68, ivv +0.32, iwm +0.10, vnq -0.05",
+  "ref_full": "qqq +0.59, iwm +0.18, ivv +0.31, vnq -0.04, djp +0.02, vweax +0.06"
+ },
+ "vhyax": {
+  "sym": "vhyax",
+  "name": "Vanguard High Dividend Yield Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.014903845434987024,
+  "alpha_t_5y": 0.8644771890395572,
+  "alpha_t_full": 0.9249607649948892,
+  "r2_5y": 0.9132598257443061,
+  "r2_full": 0.9375725366671667,
+  "corr_portfolio": 0.4031574096341115,
+  "corr_benchmark": 0.534132589715483,
+  "alpha_pos_frac": 0.4588235294117647,
+  "fund_max_dd": -0.3514463823840198,
+  "first": "2019-02-08",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.40, qqq -0.70, iwm +0.11, gsg +0.03, vea +0.09, fxe -0.07",
+  "ref_full": "ivv +1.48, qqq -0.67, iwm +0.10, agg -0.23, vmbix +0.18, djp +0.03"
+ },
+ "vicsx": {
+  "sym": "vicsx",
+  "name": "Vanguard Intermediate-Term Corporate Bond Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004955330271799525,
+  "alpha_t_5y": 1.1289584607596534,
+  "alpha_t_full": 1.394394972734428,
+  "r2_5y": 0.9696355072611065,
+  "r2_full": 0.9081593058251625,
+  "corr_portfolio": -0.03268224016036875,
+  "corr_benchmark": 0.710111952645592,
+  "alpha_pos_frac": 0.4682080924855491,
+  "fund_max_dd": -0.20526376356546439,
+  "first": "2009-11-24",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.39, vweax +0.07, ief +0.40, tlt -0.26, vblix +0.35, efa +0.01",
+  "ref_full": "ief +0.62, vweax +0.30, agg +0.13, tlt -0.02, fxy +0.01, vnq +0.01"
+ },
+ "vidax": {
+  "sym": "vidax",
+  "name": "Nomura Tax-Free Idaho Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0087124819018594,
+  "alpha_t_5y": -0.5376121071379112,
+  "alpha_t_full": 0.1587778663041923,
+  "r2_5y": 0.38793145764993653,
+  "r2_full": 0.27394823558659065,
+  "corr_portfolio": 0.03579470565657216,
+  "corr_benchmark": 0.3684015653011683,
+  "alpha_pos_frac": 0.6069364161849711,
+  "fund_max_dd": -0.1708973859361964,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.08, vweax +0.46, ivv -0.08, vnq +0.03, vmbix +0.10",
+  "ref_full": "agg +0.09, vweax +0.26, ief +0.12, fxy +0.03, gsg -0.01, vnq +0.01"
+ },
+ "vigax": {
+  "sym": "vigax",
+  "name": "Vanguard Growth Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01487860670884858,
+  "alpha_t_5y": -0.9891262889180371,
+  "alpha_t_full": -1.571849358888731,
+  "r2_5y": 0.9742914443222782,
+  "r2_full": 0.9726475753503263,
+  "corr_portfolio": 0.15127536970900018,
+  "corr_benchmark": 0.6284891265291852,
+  "alpha_pos_frac": 0.5112107623318386,
+  "fund_max_dd": -0.5066165381996934,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.75, ivv +0.39, vea -0.47, efa +0.34, fxe +0.08, vweax +0.11",
+  "ref_full": "qqq +0.50, ivv +0.58, vnq -0.03, agg +0.08, gld +0.02, efa -0.03"
+ },
+ "vigi": {
+  "sym": "vigi",
+  "name": "Vanguard International Dividend Appreciation Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.020297825852443465,
+  "alpha_t_5y": -1.1404998256776036,
+  "alpha_t_full": -0.3771835677690912,
+  "r2_5y": 0.9139625030289804,
+  "r2_full": 0.9208732027879767,
+  "corr_portfolio": 0.27603315232248316,
+  "corr_benchmark": 0.6031666010376772,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.31006868757942707,
+  "first": "2016-03-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +1.01, vnq +0.06, vwo +0.08, ief +0.12, vea -0.34, ivv +0.07",
+  "ref_full": "efa +0.65, vwo +0.15, vnq +0.05, ief +0.12, ivv +0.12, iwm -0.05"
+ },
+ "viitx": {
+  "sym": "viitx",
+  "name": "Vanguard Institutional Intermediate-Term Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00040775075620588927,
+  "alpha_t_5y": -0.16418204380051468,
+  "alpha_t_full": 2.118289098049703,
+  "r2_5y": 0.9746057775161479,
+  "r2_full": 0.9591036280342664,
+  "corr_portfolio": -0.12087505256399539,
+  "corr_benchmark": 0.6552900220427055,
+  "alpha_pos_frac": 0.5483870967741935,
+  "fund_max_dd": -0.1191999490224045,
+  "first": "2015-11-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.26, ief +0.24, tlt -0.08, agg +0.24, ivv -0.01, vweax +0.03",
+  "ref_full": "vmbix +0.26, ief +0.32, tlt -0.11, vblix +0.08, agg +0.05, fxy +0.01"
+ },
+ "vimax": {
+  "sym": "vimax",
+  "name": "Vanguard Mid-Cap Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014282642388197868,
+  "alpha_t_5y": -0.8081784133044294,
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+  "r2_5y": 0.9419674245034149,
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+  "corr_benchmark": 0.6046344185429045,
+  "alpha_pos_frac": 0.5330739299610895,
+  "fund_max_dd": -0.5888227289871151,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.63, iwm +0.30, vnq +0.14, qqq -0.09, vweax +0.09",
+  "ref_full": "ivv +0.57, iwm +0.29, vnq +0.07, djp +0.05, vwo +0.04, vweax +0.09"
+ },
+ "vinax": {
+  "sym": "vinax",
+  "name": "Vanguard Industrials Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.013635031267889534,
+  "alpha_t_5y": 0.4689975760502606,
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+  "r2_5y": 0.8608019918151035,
+  "r2_full": 0.9029530025700012,
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+  "corr_benchmark": 0.5273235093519086,
+  "alpha_pos_frac": 0.5695067264573991,
+  "fund_max_dd": -0.6342580584385138,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.34, ivv +1.07, qqq -0.48, vea +0.64, efa -0.49, fxe -0.15",
+  "ref_full": "ivv +0.85, iwm +0.36, qqq -0.27, efa +0.07, agg -0.15, vweax +0.13"
+ },
+ "vinex": {
+  "sym": "vinex",
+  "name": "Vanguard International Explorer Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03432646876900417,
+  "alpha_t_5y": -1.6039898262686723,
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+  "r2_5y": 0.9106750120180567,
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+  "alpha_pos_frac": 0.5336322869955157,
+  "fund_max_dd": -0.6215980638841399,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.70, vweax +0.36, fxe +0.17, qqq +0.09, vwo +0.08, fxy +0.07",
+  "ref_full": "efa +0.62, vweax +0.49, fxe +0.15, qqq +0.09, vwo +0.05, fxy +0.07"
+ },
+ "vinix": {
+  "sym": "vinix",
+  "name": "Vanguard Institutional Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0009118622171431467,
+  "alpha_t_5y": 0.20613629601288266,
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+  "fund_max_dd": -0.5518990189682955,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.97, qqq +0.02, iwm +0.01",
+  "ref_full": "ivv +0.96, vnq +0.01, vwo +0.01, qqq +0.02, gsg +0.01, fxy -0.01"
+ },
+ "viog": {
+  "sym": "viog",
+  "name": "Vanguard S&P Small-Cap 600 Growth Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.006126074190696447,
+  "alpha_t_5y": -0.30822122023771537,
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+  "r2_5y": 0.9524242325152251,
+  "r2_full": 0.8984804585866577,
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+  "corr_benchmark": 0.5315704279691736,
+  "alpha_pos_frac": 0.4731182795698925,
+  "fund_max_dd": -0.41731419505594536,
+  "first": "2010-09-10",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.90, ivv +0.09, vwo -0.05",
+  "ref_full": "iwm +0.90, vweax +0.20, fxe -0.07, vwo -0.05, qqq +0.05"
+ },
+ "vipix": {
+  "sym": "vipix",
+  "name": "Vanguard Inflation-Protected Securities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0019275135523001408,
+  "alpha_t_5y": 0.1510338789703626,
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+  "alpha_pos_frac": 0.5387931034482759,
+  "fund_max_dd": -0.1503562910023497,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.41, djp +0.03, agg +0.33, gsg +0.03",
+  "ref_full": "ief +0.53, gsg +0.04, vweax +0.11, tlt +0.06, gld +0.01, agg +0.07"
+ },
+ "visgx": {
+  "sym": "visgx",
+  "name": "Vanguard Small-Cap Growth Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04227956400675021,
+  "alpha_t_5y": -1.754852597823184,
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+  "corr_benchmark": 0.6034370603785812,
+  "alpha_pos_frac": 0.4913294797687861,
+  "fund_max_dd": -0.5874322038175565,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.78, qqq +0.51, ivv -0.36, vnq +0.07, vblix +0.16, agg -0.25",
+  "ref_full": "iwm +0.75, qqq +0.33, agg +0.11, djp +0.04, ivv -0.08, vweax +0.08"
+ },
+ "vistx": {
+  "sym": "vistx",
+  "name": "Vanguard Institutional Short-Term Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0011715542106501065,
+  "alpha_t_5y": 0.33289836389836,
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+  "corr_benchmark": 0.44746407897823876,
+  "alpha_pos_frac": 0.4765625,
+  "fund_max_dd": -0.056323532932057496,
+  "first": "2015-06-22",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.20, tlt -0.09, agg +0.18, ivv -0.01, fxy +0.01, vmbix +0.04",
+  "ref_full": "vmbix +0.07, ief +0.25, tlt -0.09, vblix +0.03, fxy +0.01, vweax +0.02"
+ },
+ "visvx": {
+  "sym": "visvx",
+  "name": "Vanguard Small-Cap Value Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017178389226927285,
+  "alpha_t_5y": 0.8719458221647203,
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+  "r2_5y": 0.943705701848712,
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+  "alpha_pos_frac": 0.45525291828793774,
+  "fund_max_dd": -0.6214664969133442,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.66, vnq +0.06, ief -0.11, qqq -0.53, ivv +0.84, vweax +0.13",
+  "ref_full": "iwm +0.73, vnq +0.11, tlt -0.04, efa +0.01, qqq -0.29, ivv +0.44"
+ },
+ "vitax": {
+  "sym": "vitax",
+  "name": "Vanguard Information Technology Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02301251041757094,
+  "alpha_t_5y": 0.942161188434158,
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+  "r2_5y": 0.9488578146307387,
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+  "corr_benchmark": 0.5969401799797391,
+  "alpha_pos_frac": 0.49416342412451364,
+  "fund_max_dd": -0.5481179696728031,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.07, vnq -0.08, iwm +0.09",
+  "ref_full": "qqq +0.92, ivv +0.13, iwm +0.06, vnq -0.03"
+ },
+ "vitnx": {
+  "sym": "vitnx",
+  "name": "Vanguard Institutional Total Stock Market Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00335493348170968,
+  "alpha_t_5y": -0.6576149462857832,
+  "alpha_t_full": 0.028849918514905783,
+  "r2_5y": 0.9950267303852435,
+  "r2_full": 0.9938803898787282,
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+  "corr_benchmark": 0.6207931119587822,
+  "alpha_pos_frac": 0.5085910652920962,
+  "fund_max_dd": -0.5531933539904998,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.82, iwm +0.12, qqq +0.05, vweax +0.03",
+  "ref_full": "ivv +0.82, iwm +0.11, qqq +0.04, vnq +0.01, djp +0.01, vwo +0.01"
+ },
+ "vitsx": {
+  "sym": "vitsx",
+  "name": "Vanguard Total Stock Market Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0035756209682166443,
+  "alpha_t_5y": -0.7010205458585422,
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+  "r2_5y": 0.9950286097818956,
+  "r2_full": 0.9938089508291874,
+  "corr_portfolio": 0.27535542786640077,
+  "corr_benchmark": 0.620777351600336,
+  "alpha_pos_frac": 0.49828178694158076,
+  "fund_max_dd": -0.5530321626255595,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.82, iwm +0.12, qqq +0.05, vweax +0.03",
+  "ref_full": "ivv +0.82, iwm +0.11, qqq +0.04, vnq +0.01, djp +0.01, vwo +0.01"
+ },
+ "vklmx": {
+  "sym": "vklmx",
+  "name": "INVESCO INTERMEDIATE TERM MUNICIPAL INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01277391857591734,
+  "alpha_t_5y": -1.2074971535898025,
+  "alpha_t_full": 0.9105097383375662,
+  "r2_5y": 0.3902823200141414,
+  "r2_full": 0.29407719730314874,
+  "corr_portfolio": 0.05755602584056815,
+  "corr_benchmark": 0.3314104144804477,
+  "alpha_pos_frac": 0.5953757225433526,
+  "fund_max_dd": -0.13494751930836657,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.28, vblix +0.23, ivv -0.06, tlt -0.13, vnq +0.02",
+  "ref_full": "vweax +0.25, ief +0.06, fxy +0.03, gsg -0.01, agg +0.08, efa -0.01"
+ },
+ "vkmgx": {
+  "sym": "vkmgx",
+  "name": "Invesco Quality Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004611747780620258,
+  "alpha_t_5y": -0.7485749574422853,
+  "alpha_t_full": -1.588398088180436,
+  "r2_5y": 0.9444263244972316,
+  "r2_full": 0.6327280228449724,
+  "corr_portfolio": -0.06267054270340533,
+  "corr_benchmark": 0.6358936252172852,
+  "alpha_pos_frac": 0.4682080924855491,
+  "fund_max_dd": -0.1894031127224901,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.72, agg +0.27, vweax +0.06, qqq -0.02, tlt -0.14, vblix +0.17",
+  "ref_full": "ief +0.48, vweax +0.18, efa +0.01, agg +0.13, tlt -0.05, vnq +0.01"
+ },
+ "vkmmx": {
+  "sym": "vkmmx",
+  "name": "INVESCO MUNICIPAL INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015068939193786835,
+  "alpha_t_5y": -0.9629240597194515,
+  "alpha_t_full": -0.0023842010227777483,
+  "r2_5y": 0.38613643899951133,
+  "r2_full": 0.2946346492792019,
+  "corr_portfolio": 0.04772318921346053,
+  "corr_benchmark": 0.3425781103529545,
+  "alpha_pos_frac": 0.5895953757225434,
+  "fund_max_dd": -0.21196864411295024,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.39, vblix +0.32, ivv -0.08, vnq +0.03, tlt -0.17",
+  "ref_full": "vweax +0.35, ief +0.10, iwm -0.03, agg +0.10, vnq +0.02, fxy +0.03"
+ },
+ "vlaax": {
+  "sym": "vlaax",
+  "name": "VALUE LINE ASSET ALLOCATION FUND INC",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.044872709277512274,
+  "alpha_t_5y": -1.894218116303237,
+  "alpha_t_full": -1.1632774539561104,
+  "r2_5y": 0.7764951512521013,
+  "r2_full": 0.8849203801655842,
+  "corr_portfolio": 0.1998967703459434,
+  "corr_benchmark": 0.6700321494893955,
+  "alpha_pos_frac": 0.6175298804780877,
+  "fund_max_dd": -0.4400750524259218,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.52, vnq +0.15, ief +0.30, vwo -0.06, gld -0.03",
+  "ref_full": "ivv +0.45, vnq +0.07, agg +0.20, iwm +0.07, vwo +0.03, qqq +0.04"
+ },
+ "vlcax": {
+  "sym": "vlcax",
+  "name": "Vanguard Large-Cap Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0025822821205923954,
+  "alpha_t_5y": -0.3999173556332428,
+  "alpha_t_full": -0.049432554753405515,
+  "r2_5y": 0.9918370072746743,
+  "r2_full": 0.9927685503141489,
+  "corr_portfolio": 0.2718996195422153,
+  "corr_benchmark": 0.6192376051629869,
+  "alpha_pos_frac": 0.4490566037735849,
+  "fund_max_dd": -0.5475807720205118,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.89, qqq +0.07, iwm +0.02, vweax +0.03",
+  "ref_full": "ivv +0.91, qqq +0.05, iwm +0.02, vwo +0.01, vnq +0.01, gsg +0.01"
+ },
+ "vlcix": {
+  "sym": "vlcix",
+  "name": "Vanguard Long-Term Corporate Bond Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0015565532609753566,
+  "alpha_t_5y": 0.19089911240824073,
+  "alpha_t_full": -1.2428994967122522,
+  "r2_5y": 0.9724461001552087,
+  "r2_full": 0.9131746968004801,
+  "corr_portfolio": -0.05227929742699147,
+  "corr_benchmark": 0.749233290038932,
+  "alpha_pos_frac": 0.44508670520231214,
+  "fund_max_dd": -0.34555998185079617,
+  "first": "2009-11-20",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.96, ivv +0.02, tlt -0.08, efa +0.02, ief -0.39, agg +0.55",
+  "ref_full": "tlt +0.58, vweax +0.56, agg +0.21, ivv +0.03, vwo -0.02, fxy +0.02"
+ },
+ "vleox": {
+  "sym": "vleox",
+  "name": "Value Line Small Cap Opportunities Fund, Inc.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016348524221697563,
+  "alpha_t_5y": -0.5626691098365902,
+  "alpha_t_full": 0.3778865232383755,
+  "r2_5y": 0.871405291835526,
+  "r2_full": 0.9212109088285105,
+  "corr_portfolio": 0.25755217498056376,
+  "corr_benchmark": 0.5595242368123768,
+  "alpha_pos_frac": 0.5387931034482759,
+  "fund_max_dd": -0.5585559167764317,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.63, ivv +0.49, djp -0.07, qqq -0.14, vwo -0.05",
+  "ref_full": "iwm +0.60, ivv +0.30, agg +0.17, ief -0.09"
+ },
+ "vlgsx": {
+  "sym": "vlgsx",
+  "name": "Vanguard Long-Term Treasury Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0006107801730788444,
+  "alpha_t_5y": -0.1187210410077657,
+  "alpha_t_full": -0.2220877090522891,
+  "r2_5y": 0.9926955201658645,
+  "r2_full": 0.9857531338169538,
+  "corr_portfolio": -0.19428646025749488,
+  "corr_benchmark": 0.6458877081192715,
+  "alpha_pos_frac": 0.5144508670520231,
+  "fund_max_dd": -0.46244792417523584,
+  "first": "2009-11-24",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "tlt +0.63, ief +0.25, vblix +0.34, agg -0.38, vweax -0.09, vmbix +0.15",
+  "ref_full": "tlt +0.82, vmbix +0.15, ief +0.09, iwm -0.01, vweax +0.03, gld +0.01"
+ },
+ "vlifx": {
+  "sym": "vlifx",
+  "name": "VALUE LINE MID CAP FOCUSED FUND, INC.",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03981394977841112,
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+  "r2_5y": 0.8088572398289946,
+  "r2_full": 0.8575876713765949,
+  "corr_portfolio": 0.25622088491850026,
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+  "alpha_pos_frac": 0.5689655172413793,
+  "fund_max_dd": -0.614224766482662,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.80, vnq +0.18, iwm +0.12, qqq -0.15, djp -0.05",
+  "ref_full": "ivv +0.55, iwm +0.25, vweax +0.09, qqq +0.05, agg +0.06"
+ },
+ "vlxvx": {
+  "sym": "vlxvx",
+  "name": "Vanguard Target Retirement 2065 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0016903270664896343,
+  "alpha_t_5y": -0.18306841627129755,
+  "alpha_t_full": -0.38768534697612106,
+  "r2_5y": 0.9760796627241702,
+  "r2_full": 0.9841361549464748,
+  "corr_portfolio": 0.2875060079977073,
+  "corr_benchmark": 0.6649561492715302,
+  "alpha_pos_frac": 0.5865384615384616,
+  "fund_max_dd": -0.3141933758988561,
+  "first": "2017-07-13",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.43, vea +0.25, vwo +0.09, iwm +0.06, vblix +0.03, qqq +0.04",
+  "ref_full": "ivv +0.48, vea +0.24, vwo +0.08, iwm +0.06, vblix +0.03, vweax +0.05"
+ },
+ "vmatx": {
+  "sym": "vmatx",
+  "name": "Vanguard Massachusetts Tax-Exempt Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012062885880427442,
+  "alpha_t_5y": -0.8218631163101962,
+  "alpha_t_full": 0.6754528560769131,
+  "r2_5y": 0.39065696360651125,
+  "r2_full": 0.28306343637111997,
+  "corr_portfolio": 0.020428388208864622,
+  "corr_benchmark": 0.3562455477296413,
+  "alpha_pos_frac": 0.5525291828793775,
+  "fund_max_dd": -0.1590875874873462,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.47, ief +0.16, ivv -0.13, vnq +0.03, qqq +0.04",
+  "ref_full": "agg +0.10, vweax +0.28, ief +0.12, fxy +0.04, gsg -0.01"
+ },
+ "vmbsx": {
+  "sym": "vmbsx",
+  "name": "Vanguard Mortgage-Backed Securities Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -3.282371639238497e-05,
+  "alpha_t_5y": -0.0181310348991805,
+  "alpha_t_full": -0.5879131725277721,
+  "r2_5y": 0.9950648822439734,
+  "r2_full": 0.9894540754331009,
+  "corr_portfolio": -0.10012594510203612,
+  "corr_benchmark": 0.6697568289812329,
+  "alpha_pos_frac": 0.6871794871794872,
+  "fund_max_dd": -0.17432997157902597,
+  "first": "2009-11-24",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vmbix +1.00",
+  "ref_full": "vmbix +1.00"
+ },
+ "vmctx": {
+  "sym": "vmctx",
+  "name": "Vanguard Mega Cap Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00011724853131075666,
+  "alpha_t_5y": -0.02066835392885071,
+  "alpha_t_full": 0.04713829256690604,
+  "r2_5y": 0.9938482546026285,
+  "r2_full": 0.9927515837823709,
+  "corr_portfolio": 0.2651257963385773,
+  "corr_benchmark": 0.6175401924403541,
+  "alpha_pos_frac": 0.46788990825688076,
+  "fund_max_dd": -0.5199800355346846,
+  "first": "2007-12-28",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.95, qqq +0.11, iwm -0.03, vnq -0.02, vea -0.01",
+  "ref_full": "ivv +0.97, qqq +0.07, iwm -0.03, gsg +0.01, vweax -0.02"
+ },
+ "vmfgx": {
+  "sym": "vmfgx",
+  "name": "Vanguard S&P Mid-Cap 400 Growth Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.019108729512974966,
+  "alpha_t_5y": -0.7924280872112254,
+  "alpha_t_full": -0.47634391925351116,
+  "r2_5y": 0.9229510215999837,
+  "r2_full": 0.9397732202435888,
+  "corr_portfolio": 0.27679036184287487,
+  "corr_benchmark": 0.5931893053858572,
+  "alpha_pos_frac": 0.5161290322580645,
+  "fund_max_dd": -0.39151686434908195,
+  "first": "2010-09-10",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.59, ivv +0.38, vea +0.06",
+  "ref_full": "iwm +0.56, ivv +0.30, vnq +0.07, qqq +0.08"
+ },
+ "vmfvx": {
+  "sym": "vmfvx",
+  "name": "Vanguard S&P Mid-Cap 400 Value Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.014769386912635067,
+  "alpha_t_5y": 0.6421296828826352,
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+  "r2_5y": 0.9211601803109741,
+  "r2_full": 0.9384793282747025,
+  "corr_portfolio": 0.35194324351038736,
+  "corr_benchmark": 0.514683261789779,
+  "alpha_pos_frac": 0.4838709677419355,
+  "fund_max_dd": -0.45785542838291815,
+  "first": "2010-09-10",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.61, vnq +0.09, ief -0.10, efa +0.05, qqq -0.52, ivv +0.82",
+  "ref_full": "iwm +0.63, vnq +0.08, ief -0.08, efa +0.03, qqq -0.43, ivv +0.73"
+ },
+ "vmgax": {
+  "sym": "vmgax",
+  "name": "Vanguard Mega Cap Growth Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012263641490778682,
+  "alpha_t_5y": -0.8375369561337069,
+  "alpha_t_full": -1.1773889439786045,
+  "r2_5y": 0.9764583334938279,
+  "r2_full": 0.9725832904378792,
+  "corr_portfolio": 0.14741697328371686,
+  "corr_benchmark": 0.6251817215182789,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.4796504415146021,
+  "first": "2007-12-28",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.79, ivv +0.45, iwm -0.08, vea -0.44, efa +0.34, fxe +0.07",
+  "ref_full": "qqq +0.55, ivv +0.61, iwm -0.06, vnq -0.03, ief +0.08, efa -0.03"
+ },
+ "vmgix": {
+  "sym": "vmgix",
+  "name": "Vanguard Mid-Cap Growth Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05262024101118751,
+  "alpha_t_5y": -1.8046041905668553,
+  "alpha_t_full": -1.5682634252907026,
+  "r2_5y": 0.8956330013808109,
+  "r2_full": 0.9236433349611634,
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+  "corr_benchmark": 0.623876426477844,
+  "alpha_pos_frac": 0.5170940170940171,
+  "fund_max_dd": -0.6020100833784888,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.05, iwm +0.33, qqq +0.50, vnq +0.11, vweax +0.15",
+  "ref_full": "ivv +0.36, iwm +0.30, qqq +0.30, vwo +0.06, djp +0.06, agg +0.14"
+ },
+ "vmgrx": {
+  "sym": "vmgrx",
+  "name": "Vanguard Mid-Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.08611617231601976,
+  "alpha_t_5y": -2.5365961122419742,
+  "alpha_t_full": -2.5341804013060063,
+  "r2_5y": 0.8825876686931887,
+  "r2_full": 0.9147497402507896,
+  "corr_portfolio": 0.1557125359142105,
+  "corr_benchmark": 0.6088470142810724,
+  "alpha_pos_frac": 0.5223367697594502,
+  "fund_max_dd": -0.7173912174007164,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv -0.04, iwm +0.48, qqq +0.57, vweax +0.17",
+  "ref_full": "ivv +0.23, iwm +0.40, qqq +0.39, vweax +0.11, vnq -0.03, agg +0.10"
+ },
+ "vmiax": {
+  "sym": "vmiax",
+  "name": "Vanguard Materials Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02913195542428446,
+  "alpha_t_5y": -0.7628487846055605,
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+  "r2_5y": 0.7926315107404664,
+  "r2_full": 0.8432654925867822,
+  "corr_portfolio": 0.3405648190296342,
+  "corr_benchmark": 0.5066994242284584,
+  "alpha_pos_frac": 0.49327354260089684,
+  "fund_max_dd": -0.6217011672641327,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.30, vea +0.39, vnq -0.00, djp +0.07, qqq -0.63, ivv +1.07",
+  "ref_full": "ivv +0.73, efa +0.25, iwm +0.33, djp +0.11, qqq -0.27, gld +0.12"
+ },
+ "vmltx": {
+  "sym": "vmltx",
+  "name": "Vanguard Limited-Term Tax-Exempt Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010344042383714707,
+  "alpha_t_5y": -1.7842790070318315,
+  "alpha_t_full": 0.6777508253136145,
+  "r2_5y": 0.3844191560937422,
+  "r2_full": 0.24417500124647018,
+  "corr_portfolio": 0.05623613509083528,
+  "corr_benchmark": 0.29034509672538,
+  "alpha_pos_frac": 0.48554913294797686,
+  "fund_max_dd": -0.06411351300071522,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.15, ivv -0.03, vblix +0.16, tlt -0.10",
+  "ref_full": "vweax +0.13, ief +0.02, agg +0.04, fxy +0.01, gsg -0.00, vnq +0.00"
+ },
+ "vmmsx": {
+  "sym": "vmmsx",
+  "name": "Vanguard Emerging Markets Select Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01378809380358943,
+  "alpha_t_5y": -0.6689534171204133,
+  "alpha_t_full": -0.3265773394924265,
+  "r2_5y": 0.9283972332920893,
+  "r2_full": 0.9174214208628049,
+  "corr_portfolio": 0.3137390159673667,
+  "corr_benchmark": 0.4586154804780673,
+  "alpha_pos_frac": 0.5852272727272727,
+  "fund_max_dd": -0.39283499298224345,
+  "first": "2011-06-28",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.88, vea +0.70, efa -0.58, ief -0.07, gsg +0.03, fxy -0.06",
+  "ref_full": "vwo +0.73, vweax +0.33, vea +0.74, efa -0.60, ief -0.11, vnq -0.03"
+ },
+ "vmnix": {
+  "sym": "vmnix",
+  "name": "Vanguard Market Neutral Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.09145370297554316,
+  "alpha_t_5y": 3.082311405167383,
+  "alpha_t_full": 0.9481642308965172,
+  "r2_5y": 0.029001870955999487,
+  "r2_full": 0.030741597282196942,
+  "corr_portfolio": 0.3467529140312448,
+  "corr_benchmark": -0.018030253731384765,
+  "alpha_pos_frac": 0.5055762081784386,
+  "fund_max_dd": -0.25345525956682635,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": true,
+  "ref_5y": "agg -0.21",
+  "ref_full": "fxy -0.04, vnq -0.04, ivv +0.10, qqq -0.03"
+ },
+ "vmvfx": {
+  "sym": "vmvfx",
+  "name": "Vanguard Global Minimum Volatility Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0011369361760812165,
+  "alpha_t_5y": -0.06014081167317037,
+  "alpha_t_full": 0.6421267494083934,
+  "r2_5y": 0.7699070286924586,
+  "r2_full": 0.8663722728463258,
+  "corr_portfolio": 0.38034455341253026,
+  "corr_benchmark": 0.5524580799255132,
+  "alpha_pos_frac": 0.5821917808219178,
+  "fund_max_dd": -0.33091638538294343,
+  "first": "2013-12-16",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.62, qqq -0.25, vnq +0.11, efa +0.17, fxe -0.15, iwm -0.05",
+  "ref_full": "ivv +0.55, vnq +0.13, qqq -0.16, efa +0.20, fxe -0.17, iwm -0.04"
+ },
+ "vmvix": {
+  "sym": "vmvix",
+  "name": "Vanguard Mid-Cap Value Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.015567685112219693,
+  "alpha_t_5y": 0.8465885918934569,
+  "alpha_t_full": 1.2505937220188277,
+  "r2_5y": 0.9247371159649598,
+  "r2_full": 0.9483989117918771,
+  "corr_portfolio": 0.3876209537874597,
+  "corr_benchmark": 0.5341417959271363,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.616052167097366,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.25, vnq +0.16, ivv +1.14, qqq -0.63, vea +0.07, gsg +0.02",
+  "ref_full": "ivv +0.88, iwm +0.30, qqq -0.34, vnq +0.13, djp +0.04, tlt -0.04"
+ },
+ "vmvlx": {
+  "sym": "vmvlx",
+  "name": "Vanguard Mega Cap Value Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.023285597830589283,
+  "alpha_t_5y": 1.3162961488772302,
+  "alpha_t_full": 1.6204200039988228,
+  "r2_5y": 0.9031199604972527,
+  "r2_full": 0.9565767543364726,
+  "corr_portfolio": 0.412132387575641,
+  "corr_benchmark": 0.5183211430246757,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.5578783994940124,
+  "first": "2007-12-28",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.45, qqq -0.70, vea +0.39, efa -0.28, iwm +0.05, fxe -0.08",
+  "ref_full": "ivv +1.30, qqq -0.47, vnq +0.05, tlt -0.04, efa +0.09, fxe -0.07"
+ },
+ "vnjtx": {
+  "sym": "vnjtx",
+  "name": "Vanguard New Jersey Long-Term Tax-Exempt Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008590761872647852,
+  "alpha_t_5y": -0.6118769384575425,
+  "alpha_t_full": 1.03055407259759,
+  "r2_5y": 0.41562989704576747,
+  "r2_full": 0.28922578089905593,
+  "corr_portfolio": 0.031735451890282165,
+  "corr_benchmark": 0.36454291448678094,
+  "alpha_pos_frac": 0.5549132947976878,
+  "fund_max_dd": -0.15708238848034473,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.35, vblix +0.26, ivv -0.08, vnq +0.03, tlt -0.15, vmbix +0.09",
+  "ref_full": "agg +0.09, vweax +0.27, ief +0.11, fxy +0.04, gsg -0.01, vnq +0.01"
+ },
+ "vnvax": {
+  "sym": "vnvax",
+  "name": "Vaughan Nelson Mid Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0014444812365150311,
+  "alpha_t_5y": -0.04698609469728699,
+  "alpha_t_full": -0.06451753732321693,
+  "r2_5y": 0.8507613588853881,
+  "r2_full": 0.9173567214459053,
+  "corr_portfolio": 0.32841835713127177,
+  "corr_benchmark": 0.5406463913699395,
+  "alpha_pos_frac": 0.46153846153846156,
+  "fund_max_dd": -0.4282645797810586,
+  "first": "2008-11-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.41, ivv +0.67, qqq -0.28, vea +1.06, efa -0.83, fxe -0.16",
+  "ref_full": "iwm +0.44, ivv +0.67, qqq -0.21, vea +0.37, fxe -0.10, efa -0.25"
+ },
+ "vnytx": {
+  "sym": "vnytx",
+  "name": "Vanguard New York Long-Term Tax-Exempt Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00931674627581748,
+  "alpha_t_5y": -0.6244606559995496,
+  "alpha_t_full": 0.6644388924921448,
+  "r2_5y": 0.40158181145708305,
+  "r2_full": 0.29034476474654203,
+  "corr_portfolio": 0.015461554327395354,
+  "corr_benchmark": 0.3622017074181369,
+  "alpha_pos_frac": 0.5838150289017341,
+  "fund_max_dd": -0.1818052043396685,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vblix +0.28, vweax +0.37, ivv -0.14, vnq +0.04, tlt -0.13, qqq +0.05",
+  "ref_full": "agg +0.11, vweax +0.30, ief +0.10, fxy +0.04, gsg -0.01, efa -0.01"
+ },
+ "vohix": {
+  "sym": "vohix",
+  "name": "Vanguard Ohio Long-Term Tax-Exempt Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011680419637362561,
+  "alpha_t_5y": -0.7835948675685168,
+  "alpha_t_full": 0.954631026134561,
+  "r2_5y": 0.3931339073104616,
+  "r2_full": 0.29150281840083103,
+  "corr_portfolio": 0.0200351771992567,
+  "corr_benchmark": 0.361965413050033,
+  "alpha_pos_frac": 0.5642023346303502,
+  "fund_max_dd": -0.16798107855088773,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.47, ief +0.16, ivv -0.13, vnq +0.04, qqq +0.04",
+  "ref_full": "agg +0.09, vweax +0.29, ief +0.11, fxy +0.04, gsg -0.01"
+ },
+ "volmx": {
+  "sym": "volmx",
+  "name": "Volumetric Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04970384048093516,
+  "alpha_t_5y": -2.933476342041975,
+  "alpha_t_full": -2.008632796736093,
+  "r2_5y": 0.9121987835286873,
+  "r2_full": 0.8901151311539592,
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+  "alpha_pos_frac": 0.5067264573991032,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.83, iwm +0.11, qqq -0.20, vea +0.35, efa -0.27, fxe -0.09",
+  "ref_full": "ivv +0.56, iwm +0.19, vnq -0.04, vwo -0.03, gld +0.02, agg -0.07"
+ },
+ "vpadx": {
+  "sym": "vpadx",
+  "name": "Vanguard Pacific Stock Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010570085033008419,
+  "alpha_t_5y": -0.36158808109159746,
+  "alpha_t_full": 0.07044160240910025,
+  "r2_5y": 0.8430042310147786,
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+  "alpha_pos_frac": 0.4349775784753363,
+  "fund_max_dd": -0.5528135902882181,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +2.37, efa -1.45, fxe -0.28, fxy +0.19, vnq -0.09, qqq +0.08",
+  "ref_full": "efa +0.69, qqq +0.10, vwo +0.11, fxy +0.17, fxe -0.23, vnq -0.05"
+ },
+ "vpaix": {
+  "sym": "vpaix",
+  "name": "Vanguard Pennsylvania Long-Term Tax-Exempt Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010528722826305095,
+  "alpha_t_5y": -0.7470937075304824,
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+  "r2_full": 0.2839458871601921,
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+  "alpha_pos_frac": 0.5664739884393064,
+  "fund_max_dd": -0.15764695873915657,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.35, vblix +0.28, ivv -0.14, vnq +0.04, tlt -0.15, qqq +0.05",
+  "ref_full": "agg +0.11, vweax +0.28, ief +0.09, fxy +0.03, gsg -0.01, efa -0.01"
+ },
+ "vpccx": {
+  "sym": "vpccx",
+  "name": "Vanguard PRIMECAP Core Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02502049629530653,
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+  "fund_max_dd": -0.4741222711012356,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.56, iwm +0.21, vea +0.33, vnq -0.09, fxe -0.13, fxy -0.07",
+  "ref_full": "ivv +0.54, iwm +0.20, qqq +0.13, efa +0.12, vnq -0.05"
+ },
+ "vpmcx": {
+  "sym": "vpmcx",
+  "name": "Vanguard PRIMECAP Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.020771135368780946,
+  "alpha_t_5y": 0.8632649288591132,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.33, vwo +0.06, iwm +0.13, qqq +0.25, vea +0.23, fxy -0.10",
+  "ref_full": "ivv +0.49, qqq +0.24, efa +0.11, iwm +0.14, vnq -0.04, vwo +0.02"
+ },
+ "vrgwx": {
+  "sym": "vrgwx",
+  "name": "Vanguard Russell 1000 Growth Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.021402141066519127,
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+  "fund_max_dd": -0.32697479357629367,
+  "first": "2010-09-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.68, ivv +0.45, vea -0.30, efa +0.22, iwm -0.03",
+  "ref_full": "qqq +0.54, ivv +0.55, vea -0.07, fxe +0.04, tlt +0.02, gsg -0.01"
+ },
+ "vrnix": {
+  "sym": "vrnix",
+  "name": "Vanguard Russell 1000 Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0032323999905005357,
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+  "first": "2010-09-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.87, iwm +0.06, qqq +0.05, vnq +0.01",
+  "ref_full": "ivv +0.87, iwm +0.06, qqq +0.05, vnq +0.01, vweax +0.02, gsg +0.00"
+ },
+ "vrtgx": {
+  "sym": "vrtgx",
+  "name": "Vanguard Russell 2000 Growth Index Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.027564513433843547,
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+  "first": "2010-09-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.04, qqq +0.43, ivv -0.44, vnq -0.03, djp -0.02",
+  "ref_full": "iwm +1.02, qqq +0.35, ivv -0.32, vnq -0.03, agg +0.22, vmbix -0.22"
+ },
+ "vrtix": {
+  "sym": "vrtix",
+  "name": "Vanguard Russell 2000 Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0021011544313475276,
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+  "first": "2010-09-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.00",
+  "ref_full": "iwm +0.99, ivv +0.01, vweax -0.04, vnq +0.01, ief -0.17, agg +0.23"
+ },
+ "vrtpx": {
+  "sym": "vrtpx",
+  "name": "Vanguard Real Estate II Index Fund",
+  "bucket": "all",
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+  "alpha_pos_frac": 0.49504950495049505,
+  "fund_max_dd": -0.4233024319430697,
+  "first": "2017-09-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +1.00",
+  "ref_full": "vnq +1.00"
+ },
+ "vrttx": {
+  "sym": "vrttx",
+  "name": "Vanguard Russell 3000 Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003770273997921121,
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+  "fund_max_dd": -0.3496291742021975,
+  "first": "2010-09-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.83, iwm +0.11, qqq +0.04, vweax +0.03",
+  "ref_full": "ivv +0.82, iwm +0.12, qqq +0.04, vnq +0.01, gsg +0.00, vweax +0.01"
+ },
+ "vrtvx": {
+  "sym": "vrtvx",
+  "name": "Vanguard Russell 2000 Value Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03338339344376342,
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+  "corr_benchmark": 0.495538939267024,
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+  "fund_max_dd": -0.4597782178002857,
+  "first": "2010-09-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.96, qqq -0.40, ivv +0.40, vnq +0.03, gsg +0.02",
+  "ref_full": "iwm +0.97, qqq -0.35, ivv +0.33, vnq +0.06, ief -0.23, agg +0.23"
+ },
+ "vrvix": {
+  "sym": "vrvix",
+  "name": "Vanguard Russell 1000 Value Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.018757102037336985,
+  "alpha_t_5y": 1.3330945908563723,
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+  "corr_benchmark": 0.5479555883066161,
+  "alpha_pos_frac": 0.4486486486486487,
+  "fund_max_dd": -0.382859579630886,
+  "first": "2010-09-23",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.25, qqq -0.59, iwm +0.16, vea +0.28, vnq +0.05, efa -0.20",
+  "ref_full": "ivv +1.20, qqq -0.48, iwm +0.15, vea +0.06, vnq +0.04, tlt -0.03"
+ },
+ "vsbsx": {
+  "sym": "vsbsx",
+  "name": "Vanguard Short-Term Treasury Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004142313823519171,
+  "alpha_t_5y": -1.2419550405871866,
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+  "r2_5y": 0.8196593873743057,
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+  "corr_benchmark": 0.4262081580156831,
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+  "fund_max_dd": -0.05766331357868437,
+  "first": "2009-11-24",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.24, tlt -0.08, agg +0.24, ivv -0.01, vblix -0.05, fxy +0.01",
+  "ref_full": "ief +0.19, tlt -0.07, vmbix +0.08, agg +0.07, ivv -0.01, fxy +0.01"
+ },
+ "vscax": {
+  "sym": "vscax",
+  "name": "INVESCO SMALL CAP VALUE FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.06380475236577128,
+  "alpha_t_5y": 1.6482295287903055,
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+  "r2_5y": 0.8519587412739498,
+  "r2_full": 0.8000201220751736,
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+  "corr_benchmark": 0.4091888772131473,
+  "alpha_pos_frac": 0.4484304932735426,
+  "fund_max_dd": -0.5777400134113657,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.73, djp +0.13, vea +1.13, ief -0.33, efa -0.81, fxy -0.14",
+  "ref_full": "iwm +0.92, tlt -0.12, gsg +0.05, vweax +0.25, efa +0.11, qqq -0.10"
+ },
+ "vscgx": {
+  "sym": "vscgx",
+  "name": "Vanguard LifeStrategy 40/60 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00643444854573997,
+  "alpha_t_5y": -1.0095954277141386,
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+  "r2_5y": 0.9590187727338456,
+  "r2_full": 0.9653299112432947,
+  "corr_portfolio": 0.257359251880119,
+  "corr_benchmark": 0.8150684610620371,
+  "alpha_pos_frac": 0.6502242152466368,
+  "fund_max_dd": -0.3064460323818289,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.23, agg +0.17, vea +0.10, vwo +0.05, ief +0.23, vweax +0.09",
+  "ref_full": "ivv +0.26, ief +0.29, efa +0.09, vwo +0.05, vnq +0.03, vweax +0.07"
+ },
+ "vscsx": {
+  "sym": "vscsx",
+  "name": "Vanguard Short-Term Corporate Bond Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0018046429945691286,
+  "alpha_t_5y": 0.5486408105441148,
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+  "r2_5y": 0.9106123128160576,
+  "r2_full": 0.8069451612885887,
+  "corr_portfolio": -0.019157738815631865,
+  "corr_benchmark": 0.5795062181844455,
+  "alpha_pos_frac": 0.49710982658959535,
+  "fund_max_dd": -0.09354033460507793,
+  "first": "2009-11-20",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.34, tlt -0.17, ief +0.25, vblix +0.07, vweax +0.05, qqq -0.01",
+  "ref_full": "ief +0.35, vweax +0.13, tlt -0.09, agg +0.12, fxy +0.02, qqq -0.00"
+ },
+ "vscvx": {
+  "sym": "vscvx",
+  "name": "Victory Integrity Small-Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.027092752348588378,
+  "alpha_t_5y": 0.5717580567095742,
+  "alpha_t_full": 0.8790798332623543,
+  "r2_5y": 0.7688027195322622,
+  "r2_full": 0.7816883249872264,
+  "corr_portfolio": 0.3423092506137473,
+  "corr_benchmark": 0.44960012139599176,
+  "alpha_pos_frac": 0.4671814671814672,
+  "fund_max_dd": -0.6072304605306207,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.83, qqq -0.62, ivv +0.84, tlt -0.07",
+  "ref_full": "iwm +0.91, qqq -0.31, ivv +0.38, gld -0.07, djp +0.05, vnq +0.04"
+ },
+ "vseqx": {
+  "sym": "vseqx",
+  "name": "Vanguard Strategic Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0314224254234318,
+  "alpha_t_5y": 1.85650742644435,
+  "alpha_t_full": 0.23076369435457816,
+  "r2_5y": 0.9589998217786777,
+  "r2_full": 0.9637761926957589,
+  "corr_portfolio": 0.3320529912208788,
+  "corr_benchmark": 0.5721979075924313,
+  "alpha_pos_frac": 0.5043859649122807,
+  "fund_max_dd": -0.6355280741530911,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.61, ivv +0.62, qqq -0.23, vweax +0.14, fxy -0.06, vnq +0.03",
+  "ref_full": "iwm +0.58, ivv +0.45, djp +0.04, qqq -0.06, vnq +0.03, vweax +0.09"
+ },
+ "vsfax": {
+  "sym": "vsfax",
+  "name": "Federated Hermes MDT Small Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.01546998367543652,
+  "alpha_t_5y": 0.6720479062086706,
+  "alpha_t_full": -0.46484529482841397,
+  "r2_5y": 0.9322468440037611,
+  "r2_full": 0.8839308748059292,
+  "corr_portfolio": 0.3521743341951311,
+  "corr_benchmark": 0.4901095693941773,
+  "alpha_pos_frac": 0.5936395759717314,
+  "fund_max_dd": -0.7790006792120723,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.83, qqq -0.52, ivv +0.73, ief -0.08",
+  "ref_full": "iwm +0.83, vnq +0.05, tlt -0.06, qqq -0.27, ivv +0.37"
+ },
+ "vsgdx": {
+  "sym": "vsgdx",
+  "name": "Vanguard Short-Term Federal Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0043969961566742806,
+  "alpha_t_5y": -0.8289952759941381,
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+  "corr_benchmark": 0.45637352271260906,
+  "alpha_pos_frac": 0.43352601156069365,
+  "fund_max_dd": -0.07287175558360826,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.36, tlt -0.21, vblix +0.16, qqq -0.01, vmbix +0.08, vweax +0.05",
+  "ref_full": "ief +0.33, tlt -0.07, vweax +0.07, agg +0.04, fxy +0.01, qqq -0.00"
+ },
+ "vsgx": {
+  "sym": "vsgx",
+  "name": "Vanguard ESG International Stock ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002772439311507383,
+  "alpha_t_5y": -0.31404503758762137,
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+  "r2_5y": 0.9839584318117522,
+  "r2_full": 0.9842575425078889,
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+  "corr_benchmark": 0.6023899245315297,
+  "alpha_pos_frac": 0.4606741573033708,
+  "fund_max_dd": -0.3309169265377381,
+  "first": "2018-09-21",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.86, vwo +0.27, gsg -0.03, efa -0.12, qqq +0.08, ivv -0.09",
+  "ref_full": "vea +0.84, vwo +0.25, gsg -0.03, qqq +0.07, ivv -0.08, efa -0.10"
+ },
+ "vsigx": {
+  "sym": "vsigx",
+  "name": "Vanguard Intermediate-Term Treasury Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.002356836181525438,
+  "alpha_t_5y": -0.7623600879202249,
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+  "r2_full": 0.9697171124328495,
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+  "corr_benchmark": 0.582967064216918,
+  "alpha_pos_frac": 0.5025641025641026,
+  "fund_max_dd": -0.16153768650797762,
+  "first": "2009-11-24",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.74, tlt -0.12, vmbix +0.06, ivv -0.01, agg +0.16, vnq -0.00",
+  "ref_full": "ief +0.72, tlt -0.08, vmbix +0.09, ivv -0.01, agg +0.05, fxy +0.01"
+ },
+ "vsmax": {
+  "sym": "vsmax",
+  "name": "Vanguard Small-Cap Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011702892134828743,
+  "alpha_t_5y": -0.8636478449023013,
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+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.5967633793166731,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.71, ivv +0.31, vnq +0.07, qqq -0.09, fxy -0.05, vea +0.04",
+  "ref_full": "iwm +0.73, ivv +0.20, vnq +0.06, djp +0.03, vweax +0.06, gld -0.01"
+ },
+ "vsmgx": {
+  "sym": "vsmgx",
+  "name": "Vanguard LifeStrategy 60/40 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005131454669769004,
+  "alpha_t_5y": -0.6994746286759346,
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+  "r2_5y": 0.9696779120570237,
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+  "corr_benchmark": 0.7162555469718144,
+  "alpha_pos_frac": 0.6636771300448431,
+  "fund_max_dd": -0.41116366077146593,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.33, vea +0.15, ief +0.23, vwo +0.07, iwm +0.04, vweax +0.09",
+  "ref_full": "ivv +0.36, efa +0.13, ief +0.21, vwo +0.06, iwm +0.05, vnq +0.02"
+ },
+ "vsmsx": {
+  "sym": "vsmsx",
+  "name": "Vanguard S&P Small-Cap 600 Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.016996517063862942,
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+  "corr_benchmark": 0.5160856346528329,
+  "alpha_pos_frac": 0.45698924731182794,
+  "fund_max_dd": -0.4441686306510527,
+  "first": "2010-09-10",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.91, qqq -0.31, ivv +0.40, gld -0.04",
+  "ref_full": "iwm +0.95, qqq -0.20, ivv +0.23, gld -0.03, vnq +0.03, ief -0.04"
+ },
+ "vsmvx": {
+  "sym": "vsmvx",
+  "name": "Vanguard S&P Small-Cap 600 Value Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.03658196391173304,
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+  "first": "2010-09-10",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.94, qqq -0.56, ivv +0.64, gld -0.05",
+  "ref_full": "iwm +0.99, qqq -0.41, ivv +0.41, gld -0.04, gsg +0.02, vnq +0.03"
+ },
+ "vspgx": {
+  "sym": "vspgx",
+  "name": "Vanguard S&P 500 Growth Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01694059109721366,
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+  "alpha_pos_frac": 0.5698924731182796,
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+  "first": "2010-09-10",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.56, ivv +0.65, iwm -0.06, vnq -0.05, vea -0.05, gld +0.02",
+  "ref_full": "qqq +0.47, ivv +0.66, iwm -0.05, efa -0.04, tlt +0.02, gld +0.01"
+ },
+ "vspmx": {
+  "sym": "vspmx",
+  "name": "Vanguard S&P Mid-Cap 400 Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008520342169741716,
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+  "corr_benchmark": 0.5646414154034674,
+  "alpha_pos_frac": 0.5376344086021505,
+  "fund_max_dd": -0.4203791992908298,
+  "first": "2010-09-10",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.59, ivv +0.57, qqq -0.25, vnq +0.05, fxy -0.08, vea +0.08",
+  "ref_full": "iwm +0.59, ivv +0.51, qqq -0.18, vnq +0.07, fxy -0.04, vwo +0.02"
+ },
+ "vspvx": {
+  "sym": "vspvx",
+  "name": "Vanguard S&P 500 Value Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.015374213382971841,
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+  "alpha_pos_frac": 0.45161290322580644,
+  "fund_max_dd": -0.3705137827407817,
+  "first": "2010-09-10",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.32, qqq -0.57, iwm +0.09, vnq +0.07, efa +0.04",
+  "ref_full": "ivv +1.30, qqq -0.49, iwm +0.09, efa +0.05, tlt -0.04, vnq +0.03"
+ },
+ "vstcx": {
+  "sym": "vstcx",
+  "name": "Vanguard Strategic Small-Cap Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.05611507324498773,
+  "alpha_t_5y": 3.2682411045782804,
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+  "r2_5y": 0.9656351578913945,
+  "r2_full": 0.9707596333051552,
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+  "corr_benchmark": 0.544189105325885,
+  "alpha_pos_frac": 0.521551724137931,
+  "fund_max_dd": -0.6250197460679634,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.87, ivv +0.36, qqq -0.20, gld -0.04, djp +0.02, vweax +0.09",
+  "ref_full": "iwm +0.86, ivv +0.20, qqq -0.06, djp +0.03, gld -0.02, vnq +0.01"
+ },
+ "vtbix": {
+  "sym": "vtbix",
+  "name": "Vanguard Total Bond Market II Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003580690675560998,
+  "alpha_t_5y": -0.8858326841673334,
+  "alpha_t_full": -4.247345212869009,
+  "r2_5y": 0.9722521413712124,
+  "r2_full": 0.9386954968838925,
+  "corr_portfolio": -0.12502248693248805,
+  "corr_benchmark": 0.6915332414705392,
+  "alpha_pos_frac": 0.6428571428571429,
+  "fund_max_dd": -0.1871351056281264,
+  "first": "2011-01-24",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.07, vblix +0.41, tlt -0.21, ief +0.33, vmbix +0.18, iwm -0.01",
+  "ref_full": "ief +0.29, vweax +0.14, vmbix +0.26, tlt +0.07, agg +0.09, iwm -0.01"
+ },
+ "vtcax": {
+  "sym": "vtcax",
+  "name": "Vanguard Communication Services Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03555734205580925,
+  "alpha_t_5y": -0.7925787119327142,
+  "alpha_t_full": -1.641556383151831,
+  "r2_5y": 0.7477648489451361,
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+  "corr_portfolio": 0.14893800175949942,
+  "corr_benchmark": 0.5610852384159672,
+  "alpha_pos_frac": 0.5560538116591929,
+  "fund_max_dd": -0.5710965797496423,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.48, qqq +0.42, vweax +0.29, vea -0.93, efa +0.83, iwm +0.10",
+  "ref_full": "ivv +0.65, qqq +0.19, iwm +0.11, ief +0.15"
+ },
+ "vtclx": {
+  "sym": "vtclx",
+  "name": "Vanguard Tax-Managed Capital Appreciation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003211052864939825,
+  "alpha_t_5y": -0.6177206254942804,
+  "alpha_t_full": 0.08546005443907494,
+  "r2_5y": 0.9947444619466572,
+  "r2_full": 0.9923780924393255,
+  "corr_portfolio": 0.2769438992978584,
+  "corr_benchmark": 0.6201453211522898,
+  "alpha_pos_frac": 0.5085910652920962,
+  "fund_max_dd": -0.5517909357901662,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.88, iwm +0.06, qqq +0.05, vweax +0.03",
+  "ref_full": "ivv +0.87, iwm +0.06, qqq +0.05, vwo +0.01, djp +0.01, vnq +0.01"
+ },
+ "vteax": {
+  "sym": "vteax",
+  "name": "Vanguard Tax-Exempt Bond Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013743257154666802,
+  "alpha_t_5y": -1.152295719252996,
+  "alpha_t_full": -0.014339677818055289,
+  "r2_5y": 0.34377802433718907,
+  "r2_full": 0.3131910466792517,
+  "corr_portfolio": 0.02575822374391431,
+  "corr_benchmark": 0.3669607936915675,
+  "alpha_pos_frac": 0.5555555555555556,
+  "fund_max_dd": -0.127414006463751,
+  "first": "2015-09-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.20, vweax +0.28, ivv -0.05, vnq +0.02",
+  "ref_full": "agg +0.18, vweax +0.22, fxy +0.04, gsg -0.01, iwm -0.03, vnq +0.03"
+ },
+ "vthrx": {
+  "sym": "vthrx",
+  "name": "Vanguard Target Retirement 2030 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005375332109146068,
+  "alpha_t_5y": -0.7015852035694377,
+  "alpha_t_full": -0.6771278851550644,
+  "r2_5y": 0.9691279866978886,
+  "r2_full": 0.9774196229136765,
+  "corr_portfolio": 0.31141034610191687,
+  "corr_benchmark": 0.6799046311539243,
+  "alpha_pos_frac": 0.5605381165919282,
+  "fund_max_dd": -0.4957064834006045,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.33, vea +0.15, agg +0.27, vwo +0.07, iwm +0.04, vweax +0.09",
+  "ref_full": "ivv +0.37, efa +0.18, vwo +0.09, vnq +0.04, ief +0.10, iwm +0.05"
+ },
+ "vtibx": {
+  "sym": "vtibx",
+  "name": "Vanguard Total International Bond Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01746309798022014,
+  "alpha_t_5y": -1.6524427136193711,
+  "alpha_t_full": 0.01260475773388617,
+  "r2_5y": 0.6678850798492917,
+  "r2_full": 0.586096297226823,
+  "corr_portfolio": -0.11865696441610563,
+  "corr_benchmark": 0.5716822140513137,
+  "alpha_pos_frac": 0.5294117647058824,
+  "fund_max_dd": -0.16167803353931165,
+  "first": "2013-06-05",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.43, vweax +0.14, fxe -0.11, gsg -0.02, vea +0.02, gld +0.01",
+  "ref_full": "ief +0.34, vweax +0.09, fxe -0.08, vea +0.02, gsg -0.01, vblix +0.03"
+ },
+ "vtilx": {
+  "sym": "vtilx",
+  "name": "Vanguard Total International Bond II Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01595423133855327,
+  "alpha_t_5y": -1.505859745876206,
+  "alpha_t_full": -1.505859745876206,
+  "r2_5y": 0.673082389452794,
+  "r2_full": 0.673082389452794,
+  "corr_portfolio": -0.14604178465666257,
+  "corr_benchmark": 0.6302506990686522,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.15853861250569834,
+  "first": "2021-02-26",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ief +0.42, vweax +0.17, fxe -0.10, gsg -0.02, gld +0.02",
+  "ref_full": "ief +0.42, vweax +0.17, fxe -0.10, gsg -0.02, gld +0.02"
+ },
+ "vtinx": {
+  "sym": "vtinx",
+  "name": "Vanguard Target Retirement Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0021794953590338066,
+  "alpha_t_5y": -0.3877859170140556,
+  "alpha_t_full": 0.021141486981601378,
+  "r2_5y": 0.9511410644678236,
+  "r2_full": 0.9558900019169682,
+  "corr_portfolio": 0.2402167985860722,
+  "corr_benchmark": 0.8462247149037435,
+  "alpha_pos_frac": 0.5560538116591929,
+  "fund_max_dd": -0.1995833322686671,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.08, agg +0.16, ivv +0.17, vwo +0.04, ief +0.24, vweax +0.09",
+  "ref_full": "ivv +0.17, ief +0.34, efa +0.06, vweax +0.10, iwm +0.03, vwo +0.02"
+ },
+ "vtipx": {
+  "sym": "vtipx",
+  "name": "Vanguard Short-Term Inflation-Protected Securities Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004975114077882204,
+  "alpha_t_5y": 0.7443830752739808,
+  "alpha_t_full": 1.2832593045639178,
+  "r2_5y": 0.6309192412681249,
+  "r2_full": 0.5978118283271034,
+  "corr_portfolio": 0.02140292013081275,
+  "corr_benchmark": 0.45290991436560396,
+  "alpha_pos_frac": 0.49375,
+  "fund_max_dd": -0.053597850594010676,
+  "first": "2012-10-17",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.02, gsg +0.04, ief +0.34, tlt -0.12, agg +0.15",
+  "ref_full": "vmbix +0.04, gsg +0.03, ief +0.35, tlt -0.09, vweax +0.02, agg +0.05"
+ },
+ "vtivx": {
+  "sym": "vtivx",
+  "name": "Vanguard Target Retirement 2045 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003908600968519518,
+  "alpha_t_5y": -0.42101927606016226,
+  "alpha_t_full": -0.6594882157195017,
+  "r2_5y": 0.9732943424933455,
+  "r2_full": 0.9878173089625915,
+  "corr_portfolio": 0.3234439736888114,
+  "corr_benchmark": 0.6291604069758615,
+  "alpha_pos_frac": 0.5291479820627802,
+  "fund_max_dd": -0.5169281004608544,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.46, vea +0.21, vwo +0.09, iwm +0.05, ief +0.06, vweax +0.09",
+  "ref_full": "ivv +0.50, efa +0.19, iwm +0.08, vwo +0.07, vweax +0.07, ief +0.05"
+ },
+ "vtmfx": {
+  "sym": "vtmfx",
+  "name": "Vanguard Tax-Managed Balanced Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.008535067356427216,
+  "alpha_t_5y": -1.4733344184910921,
+  "alpha_t_full": 0.9722564909979321,
+  "r2_5y": 0.9735880731913106,
+  "r2_full": 0.9718708802204316,
+  "corr_portfolio": 0.2695326043888985,
+  "corr_benchmark": 0.6652157740143153,
+  "alpha_pos_frac": 0.5333333333333333,
+  "fund_max_dd": -0.28491249156825094,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.37, vweax +0.13, vmbix +0.08, iwm +0.03, qqq +0.04, vnq +0.02",
+  "ref_full": "ivv +0.40, agg +0.10, vweax +0.09, iwm +0.03, qqq +0.03, vnq +0.01"
+ },
+ "vtmgx": {
+  "sym": "vtmgx",
+  "name": "Vanguard Developed Markets Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.005499277577182259,
+  "alpha_t_5y": 0.44840857888360586,
+  "alpha_t_full": -0.3090049072636048,
+  "r2_5y": 0.966704349247979,
+  "r2_full": 0.9731540023952371,
+  "corr_portfolio": 0.3886836498028451,
+  "corr_benchmark": 0.548984336851371,
+  "alpha_pos_frac": 0.5336322869955157,
+  "fund_max_dd": -0.6057720213605557,
+  "first": "2007-07-27",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.91, fxe +0.06, vweax +0.08, djp +0.01",
+  "ref_full": "efa +0.53, vweax +0.19, vea +0.37, gld +0.02, agg -0.09, fxe +0.04"
+ },
+ "vtmsx": {
+  "sym": "vtmsx",
+  "name": "Vanguard Tax-Managed Small-Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.017596028723015113,
+  "alpha_t_5y": 0.8657435406057202,
+  "alpha_t_full": 1.573680033219242,
+  "r2_5y": 0.9498067672498619,
+  "r2_full": 0.9681002618074299,
+  "corr_portfolio": 0.31256998437074196,
+  "corr_benchmark": 0.5153200693532384,
+  "alpha_pos_frac": 0.48627450980392156,
+  "fund_max_dd": -0.5783736850439216,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.91, qqq -0.30, ivv +0.39, gld -0.04",
+  "ref_full": "iwm +0.94, qqq -0.13, ivv +0.17, vwo -0.02, vnq +0.02, tlt -0.02"
+ },
+ "vtrix": {
+  "sym": "vtrix",
+  "name": "Vanguard International Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0068380734082218895,
+  "alpha_t_5y": 0.4278945969660531,
+  "alpha_t_full": -0.6310758702017697,
+  "r2_5y": 0.9417303010334008,
+  "r2_full": 0.9583561171685472,
+  "corr_portfolio": 0.39601096678569775,
+  "corr_benchmark": 0.5135755141288082,
+  "alpha_pos_frac": 0.48760330578512395,
+  "fund_max_dd": -0.5940133123335132,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.62, vwo +0.27, ief -0.08, qqq -0.18, ivv +0.27, fxe +0.09",
+  "ref_full": "efa +0.72, vwo +0.11, vweax +0.24, agg -0.12, djp +0.04, iwm +0.03"
+ },
+ "vtthx": {
+  "sym": "vtthx",
+  "name": "Vanguard Target Retirement 2035 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004671304023720799,
+  "alpha_t_5y": -0.5659544123002156,
+  "alpha_t_full": -0.43776512459299155,
+  "r2_5y": 0.97031911575906,
+  "r2_full": 0.9808227941812021,
+  "corr_portfolio": 0.31797547499955486,
+  "corr_benchmark": 0.6574695141556004,
+  "alpha_pos_frac": 0.5246636771300448,
+  "fund_max_dd": -0.517603503163558,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.37, vea +0.17, agg +0.20, vwo +0.08, iwm +0.04, vweax +0.09",
+  "ref_full": "ivv +0.41, efa +0.19, vwo +0.09, vnq +0.04, iwm +0.06, ief +0.06"
+ },
+ "vttsx": {
+  "sym": "vttsx",
+  "name": "Vanguard Target Retirement 2060 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0016287256490473989,
+  "alpha_t_5y": -0.1730186168356826,
+  "alpha_t_full": 0.0376473148059297,
+  "r2_5y": 0.9751039312696917,
+  "r2_full": 0.9863373385137715,
+  "corr_portfolio": 0.32293079582339435,
+  "corr_benchmark": 0.6292133130402836,
+  "alpha_pos_frac": 0.5562130177514792,
+  "fund_max_dd": -0.31379046246520303,
+  "first": "2012-01-20",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.43, vea +0.24, vwo +0.09, iwm +0.06, vblix +0.03, qqq +0.04",
+  "ref_full": "ivv +0.48, vea +0.23, vwo +0.07, iwm +0.07, vblix +0.03, vweax +0.07"
+ },
+ "vttvx": {
+  "sym": "vttvx",
+  "name": "Vanguard Target Retirement 2025 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005605698298766014,
+  "alpha_t_5y": -0.7687016915561465,
+  "alpha_t_full": -0.647819398561955,
+  "r2_5y": 0.9636355175547985,
+  "r2_full": 0.9718824259774214,
+  "corr_portfolio": 0.30578926886391444,
+  "corr_benchmark": 0.7016894973059606,
+  "alpha_pos_frac": 0.5515695067264574,
+  "fund_max_dd": -0.46028320906436127,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.28, agg +0.32, vea +0.13, vwo +0.06, iwm +0.03, vweax +0.09",
+  "ref_full": "ivv +0.32, efa +0.16, vnq +0.04, vwo +0.08, ief +0.13, iwm +0.04"
+ },
+ "vtwix": {
+  "sym": "vtwix",
+  "name": "Vanguard Total World Stock Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0036258971231624905,
+  "alpha_t_5y": -0.6688202890940075,
+  "alpha_t_full": -1.528455658809517,
+  "r2_5y": 0.993251480200746,
+  "r2_full": 0.9912758593327515,
+  "corr_portfolio": 0.32681755941687407,
+  "corr_benchmark": 0.6143653686263622,
+  "alpha_pos_frac": 0.5801886792452831,
+  "fund_max_dd": -0.4982360408240053,
+  "first": "2008-06-30",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.52, vea +0.26, vwo +0.10, iwm +0.06, qqq +0.03, vweax +0.05",
+  "ref_full": "ivv +0.50, vea +0.19, vwo +0.09, vweax +0.10, iwm +0.04, efa +0.13"
+ },
+ "vtwnx": {
+  "sym": "vtwnx",
+  "name": "Vanguard Target Retirement 2020 Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004864626708557945,
+  "alpha_t_5y": -0.7270803099156093,
+  "alpha_t_full": -0.5320885609759546,
+  "r2_5y": 0.9538353259355958,
+  "r2_full": 0.9593698268707754,
+  "corr_portfolio": 0.2969375253886816,
+  "corr_benchmark": 0.7275732219962466,
+  "alpha_pos_frac": 0.5605381165919282,
+  "fund_max_dd": -0.4215889088394861,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.21, agg +0.39, vea +0.10, vwo +0.04, vweax +0.09, iwm +0.03",
+  "ref_full": "ivv +0.26, efa +0.14, vnq +0.05, ief +0.16, vwo +0.08, iwm +0.03"
+ },
+ "vubfx": {
+  "sym": "vubfx",
+  "name": "Vanguard Ultra-Short-Term Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.002458329966475596,
+  "alpha_t_5y": 0.8000496606941351,
+  "alpha_t_full": 2.039659318232679,
+  "r2_5y": 0.4088695429499142,
+  "r2_full": 0.29164625299722513,
+  "corr_portfolio": -0.0651460131101852,
+  "corr_benchmark": 0.2709540150667939,
+  "alpha_pos_frac": 0.44360902255639095,
+  "fund_max_dd": -0.01850422302817223,
+  "first": "2015-02-11",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix +0.01, tlt -0.05, ief +0.06, agg +0.12, efa -0.01",
+  "ref_full": "vmbix +0.04, vweax +0.02, fxy +0.00, efa -0.00, tlt -0.03, ief +0.09"
+ },
+ "vuiax": {
+  "sym": "vuiax",
+  "name": "Vanguard Utilities Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00046280186683259945,
+  "alpha_t_5y": 0.009063853229522105,
+  "alpha_t_full": 0.5825116262641281,
+  "r2_5y": 0.4929659048441426,
+  "r2_full": 0.5594099521768283,
+  "corr_portfolio": 0.22969493456982634,
+  "corr_benchmark": 0.4673346963428161,
+  "alpha_pos_frac": 0.545816733067729,
+  "fund_max_dd": -0.4628720209011963,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.51, gld +0.11, vwo -0.06, ivv +0.90, qqq -0.47, iwm -0.16",
+  "ref_full": "ivv +1.18, qqq -0.47, agg +0.41, vnq +0.16, iwm -0.17, gld +0.06"
+ },
+ "vusb": {
+  "sym": "vusb",
+  "name": "Vanguard Ultra-Short Bond ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.002840299363671256,
+  "alpha_t_5y": 1.1429595169685172,
+  "alpha_t_full": 1.1429595169685172,
+  "r2_5y": 0.5033550593063989,
+  "r2_full": 0.5033550593063989,
+  "corr_portfolio": -0.07652550808720006,
+  "corr_benchmark": 0.5034207261786696,
+  "alpha_pos_frac": 0.6949152542372882,
+  "fund_max_dd": -0.017943220689283335,
+  "first": "2021-04-08",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vmbix -0.00, fxe +0.01, ief +0.05, tlt -0.04, agg +0.13",
+  "ref_full": "vmbix -0.00, fxe +0.01, ief +0.05, tlt -0.04, agg +0.13"
+ },
+ "vusux": {
+  "sym": "vusux",
+  "name": "Vanguard Long-Term Treasury Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00041455550912839563,
+  "alpha_t_5y": 0.07057799227204985,
+  "alpha_t_full": -0.5274434017378011,
+  "r2_5y": 0.9905691961685544,
+  "r2_full": 0.9741171230965605,
+  "corr_portfolio": -0.18795873272246771,
+  "corr_benchmark": 0.6453710189901769,
+  "alpha_pos_frac": 0.48554913294797686,
+  "fund_max_dd": -0.46045183259250755,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "tlt +0.48, vblix +0.51, ivv -0.01, ief +0.27, agg -0.26, efa -0.02",
+  "ref_full": "tlt +0.79, ief +0.20, vweax +0.10, vnq +0.01, iwm -0.02, vwo +0.01"
+ },
+ "vviax": {
+  "sym": "vviax",
+  "name": "Vanguard Value Index Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02548102267369289,
+  "alpha_t_5y": 1.5619595351388331,
+  "alpha_t_full": 1.8382867248428953,
+  "r2_5y": 0.9213869149342563,
+  "r2_full": 0.9612964612621399,
+  "corr_portfolio": 0.412555843499971,
+  "corr_benchmark": 0.523524652209541,
+  "alpha_pos_frac": 0.48878923766816146,
+  "fund_max_dd": -0.5931914956967199,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.42, qqq -0.71, iwm +0.09, vea +0.33, efa -0.26, vnq +0.03",
+  "ref_full": "ivv +1.22, qqq -0.44, vnq +0.06, iwm +0.06, tlt -0.05, efa +0.06"
+ },
+ "vvoax": {
+  "sym": "vvoax",
+  "name": "INVESCO VALUE OPPORTUNITIES FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.054260103545630455,
+  "alpha_t_5y": 1.4972278975722313,
+  "alpha_t_full": 0.40977514502477286,
+  "r2_5y": 0.8396962796146143,
+  "r2_full": 0.8263845652536645,
+  "corr_portfolio": 0.37626618326892136,
+  "corr_benchmark": 0.4366974520704585,
+  "alpha_pos_frac": 0.515695067264574,
+  "fund_max_dd": -0.6207228784187142,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.49, vea +0.29, ief -0.33, gsg +0.10, ivv +0.66, qqq -0.32",
+  "ref_full": "iwm +0.49, ivv +0.97, qqq -0.39, vnq -0.07, vweax +0.25, ief -0.17"
+ },
+ "vwahx": {
+  "sym": "vwahx",
+  "name": "Vanguard High-Yield Tax-Exempt Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005434347061066198,
+  "alpha_t_5y": -0.3686268630551377,
+  "alpha_t_full": 1.1595066131633438,
+  "r2_5y": 0.41661404992350126,
+  "r2_full": 0.31614632647907726,
+  "corr_portfolio": 0.03616473918305589,
+  "corr_benchmark": 0.3571636460723977,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.2068354768368117,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.38, ief +0.09, ivv -0.08, vnq +0.03, vblix +0.29, tlt -0.18",
+  "ref_full": "vweax +0.33, ief +0.08, fxy +0.04, agg +0.13, efa -0.03, vnq +0.01"
+ },
+ "vweax": {
+  "sym": "vweax",
+  "name": "Vanguard High-Yield Corporate Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0006354637609579947,
+  "alpha_t_5y": 0.05533567211784481,
+  "alpha_t_full": 2.6975152620526663,
+  "r2_5y": 0.6692216072893908,
+  "r2_full": 0.23791437439285534,
+  "corr_portfolio": 0.28978903780252924,
+  "corr_benchmark": 0.4522857065442789,
+  "alpha_pos_frac": 0.4797687861271676,
+  "fund_max_dd": -0.3002941199497874,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.04, vblix +1.02, tlt -0.75, vnq +0.02, ivv +0.03, vmbix +0.07",
+  "ref_full": "ivv +0.06, agg +0.36, tlt -0.05, gsg +0.02, iwm +0.02"
+ },
+ "vwenx": {
+  "sym": "vwenx",
+  "name": "VANGUARD WELLINGTON FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00019477225700048183,
+  "alpha_t_5y": 0.022208710048796366,
+  "alpha_t_full": 0.9130308223472134,
+  "r2_5y": 0.9643781017811303,
+  "r2_full": 0.9736618235578149,
+  "corr_portfolio": 0.29577518755800203,
+  "corr_benchmark": 0.7036610350843094,
+  "alpha_pos_frac": 0.5491329479768786,
+  "fund_max_dd": -0.36017632057011195,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.67, agg +0.20, vea +0.05, vblix +0.07, qqq -0.06, vnq -0.03",
+  "ref_full": "ivv +0.65, ief +0.22, efa +0.08, qqq -0.07, vweax +0.09, vnq -0.02"
+ },
+ "vwetx": {
+  "sym": "vwetx",
+  "name": "Vanguard Long-Term Investment-Grade Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0012467726780392057,
+  "alpha_t_5y": -0.2193147573396101,
+  "alpha_t_full": -1.1015890214075188,
+  "r2_5y": 0.987092663188037,
+  "r2_full": 0.9253758468527984,
+  "corr_portfolio": -0.07045586325810717,
+  "corr_benchmark": 0.7351043858464672,
+  "alpha_pos_frac": 0.4393063583815029,
+  "fund_max_dd": -0.3569722697926637,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vblix +1.14, tlt -0.17, ivv +0.01, ief -0.21, agg +0.24, vweax +0.06",
+  "ref_full": "tlt +0.61, vweax +0.56, ief +0.16, ivv +0.03, iwm -0.02"
+ },
+ "vwiax": {
+  "sym": "vwiax",
+  "name": "VANGUARD WELLESLEY INCOME FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0049256332954776706,
+  "alpha_t_5y": 0.6020859100803408,
+  "alpha_t_full": 2.392641186371567,
+  "r2_5y": 0.9189725918360933,
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+  "corr_benchmark": 0.8166590050971356,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.03, agg +0.35, ivv +0.54, qqq -0.27, vblix +0.12, vea +0.05",
+  "ref_full": "ivv +0.45, ief +0.26, qqq -0.16, vweax +0.14, tlt +0.08, efa +0.05"
+ },
+ "vwicx": {
+  "sym": "vwicx",
+  "name": "Vanguard International Core Stock Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.015215708533863422,
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+  "alpha_pos_frac": 0.5714285714285714,
+  "fund_max_dd": -0.34372139131353174,
+  "first": "2019-09-25",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.76, vwo +0.20, agg -0.08, vnq -0.04, gsg +0.02, fxy -0.04",
+  "ref_full": "vea +0.75, vwo +0.21, agg -0.09, gsg +0.02, qqq -0.02, vnq -0.02"
+ },
+ "vwilx": {
+  "sym": "vwilx",
+  "name": "Vanguard International Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.07322987789174368,
+  "alpha_t_5y": -2.491534710110177,
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+  "fund_max_dd": -0.5949231713886121,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea -0.58, qqq +0.61, vwo +0.42, efa +1.07, ivv -0.52, iwm +0.13",
+  "ref_full": "efa +0.53, qqq +0.39, vwo +0.21, vweax +0.31, ivv -0.19, fxe +0.13"
+ },
+ "vwitx": {
+  "sym": "vwitx",
+  "name": "Vanguard Intermediate-Term Tax-Exempt Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.011598461147097165,
+  "alpha_t_5y": -1.1641957430821541,
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+  "fund_max_dd": -0.2069702105025527,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.26, ief +0.06, ivv -0.06, vblix +0.23, tlt -0.15, vnq +0.02",
+  "ref_full": "vweax +0.23, ief +0.07, fxy +0.03, agg +0.09, efa -0.02, vnq +0.01"
+ },
+ "vwltx": {
+  "sym": "vwltx",
+  "name": "Vanguard Long-Term Tax-Exempt Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010290441581930928,
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+  "alpha_pos_frac": 0.5603112840466926,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.45, ief +0.16, ivv -0.14, vnq +0.04, qqq +0.04",
+  "ref_full": "agg +0.12, vweax +0.30, ief +0.09, fxy +0.04, efa -0.03, vnq +0.02"
+ },
+ "vwnax": {
+  "sym": "vwnax",
+  "name": "Vanguard Windsor II Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.006735463861192796,
+  "alpha_t_5y": 0.49281471624210244,
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+  "alpha_pos_frac": 0.49327354260089684,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.15, qqq -0.35, iwm +0.11, efa +0.31, vea -0.23, gsg +0.02",
+  "ref_full": "ivv +1.05, qqq -0.24, iwm +0.08, efa +0.09, fxy -0.03, gld -0.02"
+ },
+ "vwnex": {
+  "sym": "vwnex",
+  "name": "Vanguard Windsor Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0110507896063105,
+  "alpha_t_5y": 0.6244993030979342,
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+  "r2_5y": 0.9294449144335354,
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+  "alpha_pos_frac": 0.5106382978723404,
+  "fund_max_dd": -0.6140599906331099,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.24, ivv +1.23, qqq -0.62, efa +0.14, ief -0.07, gsg +0.02",
+  "ref_full": "ivv +0.96, qqq -0.34, iwm +0.23, efa +0.16, tlt -0.05, gld -0.03"
+ },
+ "vwstx": {
+  "sym": "vwstx",
+  "name": "Vanguard Ultra-Short-Term Tax-Exempt Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.009207262101018784,
+  "alpha_t_5y": -2.4956076154990248,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.08, ivv -0.02, vblix +0.14, tlt -0.10",
+  "ref_full": "vweax +0.08, agg +0.03, fxy +0.01"
+ },
+ "vwuax": {
+  "sym": "vwuax",
+  "name": "Vanguard U.S. Growth Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.06630662434471395,
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+  "corr_benchmark": 0.6173466006527826,
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+  "fund_max_dd": -0.5036963395861764,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +0.98, iwm +0.15, vea -0.78, efa +0.61, vwo +0.08, vweax +0.18",
+  "ref_full": "qqq +0.68, ivv +0.29, iwm +0.10, vnq -0.05, agg +0.10, fxe +0.04"
+ },
+ "vymi": {
+  "sym": "vymi",
+  "name": "Vanguard International High Dividend Yield Index Fund",
+  "bucket": "all",
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+  "corr_benchmark": 0.5125469002383687,
+  "alpha_pos_frac": 0.5,
+  "fund_max_dd": -0.39996412767977396,
+  "first": "2016-03-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.49, qqq -0.32, vwo +0.16, ivv +0.33, gsg +0.04, vea +0.28",
+  "ref_full": "vea +0.33, qqq -0.27, vwo +0.18, ivv +0.27, gsg +0.04, efa +0.46"
+ },
+ "vymqx": {
+  "sym": "vymqx",
+  "name": "Voya MI Dynamic SMID Cap Fund",
+  "bucket": "all",
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+  "alpha_pos_frac": 0.5657894736842105,
+  "fund_max_dd": -0.436823217568179,
+  "first": "2019-11-12",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.59, ivv +0.63, qqq -0.27, fxy -0.11, vea +0.38, efa -0.27",
+  "ref_full": "iwm +0.59, ivv +0.66, qqq -0.29, vea +0.36, fxy -0.09, efa -0.26"
+ },
+ "vysgx": {
+  "sym": "vysgx",
+  "name": "Voya MI Dynamic Small Cap Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.011625758573692182,
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+  "first": "2019-11-12",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.86, ivv +0.38, qqq -0.21",
+  "ref_full": "iwm +0.88, vnq +0.07, ief -0.34, agg +0.32, efa +0.07, qqq -0.03"
+ },
+ "waaex": {
+  "sym": "waaex",
+  "name": "Wasatch Small Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.11350301686613352,
+  "alpha_t_5y": -2.8251622435905803,
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+  "corr_portfolio": 0.13770366726407662,
+  "corr_benchmark": 0.5704164771220015,
+  "alpha_pos_frac": 0.5112107623318386,
+  "fund_max_dd": -0.5647608723989028,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.82, qqq +0.34, djp -0.07, vweax +0.33, vea -0.67, efa +0.53",
+  "ref_full": "iwm +0.73, qqq +0.33, vweax +0.17, ivv -0.09, vnq -0.03, agg +0.10"
+ },
+ "waarx": {
+  "sym": "waarx",
+  "name": "Western Asset Total Return Unconstrained Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016326324043666855,
+  "alpha_t_5y": -1.3629858695013806,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.27, vweax +0.14, fxe +0.06, vmbix +0.15, vwo +0.02",
+  "ref_full": "vweax +0.40, agg +0.16, ief +0.14, vwo +0.01, fxy +0.02, tlt -0.02"
+ },
+ "wabmx": {
+  "sym": "wabmx",
+  "name": "Wilmington Broad Market Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.00811517076466067,
+  "alpha_t_5y": -1.8606358398692386,
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+  "corr_benchmark": 0.6966647914757766,
+  "alpha_pos_frac": 0.4046242774566474,
+  "fund_max_dd": -0.1786129596674424,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg -0.05, vblix +0.28, vmbix +0.23, ief +0.33, tlt -0.11, vweax +0.06",
+  "ref_full": "ief +0.41, vweax +0.21, tlt +0.05, agg +0.07, fxe +0.02, vnq +0.00"
+ },
+ "wacpx": {
+  "sym": "wacpx",
+  "name": "Western Asset Core Plus Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015965033009854534,
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+  "r2_5y": 0.8863933422593127,
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+  "alpha_pos_frac": 0.5664739884393064,
+  "fund_max_dd": -0.2557367240450402,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.24, vweax +0.21, vblix +0.43, tlt -0.23, vmbix +0.21, ief +0.23",
+  "ref_full": "agg +0.25, vweax +0.39, ief +0.30, vwo +0.02, vnq +0.02, tlt +0.06"
+ },
+ "waemx": {
+  "sym": "waemx",
+  "name": "Wasatch Emerging Markets Small Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05855952355042373,
+  "alpha_t_5y": -1.1964669032833792,
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+  "r2_full": 0.6794638037899501,
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+  "corr_benchmark": 0.42959574738022066,
+  "alpha_pos_frac": 0.48717948717948717,
+  "fund_max_dd": -0.662762510251649,
+  "first": "2007-10-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.40, qqq +0.16, vweax +0.67, vmbix -0.29, vea +0.88, efa -0.71",
+  "ref_full": "vwo +0.41, vweax +0.76, qqq +0.09, vea +0.38, efa -0.28, vnq -0.03"
+ },
+ "waesx": {
+  "sym": "waesx",
+  "name": "Wasatch Emerging Markets Select Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.07370720200337269,
+  "alpha_t_5y": -1.5783117690649293,
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+  "corr_benchmark": 0.4782568031519552,
+  "alpha_pos_frac": 0.45569620253164556,
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+  "first": "2012-12-14",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.57, qqq +0.26, vweax +0.49, iwm +0.08, vmbix -0.18",
+  "ref_full": "vwo +0.52, qqq +0.25, vweax +0.64, gsg -0.03, iwm +0.08, ivv -0.13"
+ },
+ "wafmx": {
+  "sym": "wafmx",
+  "name": "Wasatch Frontier Emerging Small Countries Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0848582945017346,
+  "alpha_t_5y": -1.9121323106873818,
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+  "alpha_pos_frac": 0.514792899408284,
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+  "first": "2012-02-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.35, qqq +0.23, vweax +0.68, iwm +0.09, vmbix -0.25, fxe +0.17",
+  "ref_full": "vea +0.02, qqq +0.18, vweax +0.67, vwo +0.19, fxe +0.15, iwm +0.08"
+ },
+ "wagox": {
+  "sym": "wagox",
+  "name": "Wasatch Global Opportunities Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.07582216231355715,
+  "alpha_t_5y": -2.116525570978624,
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+  "r2_5y": 0.8283078666479271,
+  "r2_full": 0.8014624746218141,
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+  "corr_benchmark": 0.5751002191993965,
+  "alpha_pos_frac": 0.5072463768115942,
+  "fund_max_dd": -0.4405746164402319,
+  "first": "2008-11-18",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.43, qqq +0.26, efa +0.14, vweax +0.42, djp -0.05, vwo +0.09",
+  "ref_full": "iwm +0.36, qqq +0.24, vweax +0.47, vea +0.13, vwo +0.09, vnq -0.03"
+ },
+ "waigx": {
+  "sym": "waigx",
+  "name": "Wasatch International Growth Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.10423805744188387,
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+  "r2_full": 0.7841100183639033,
+  "corr_portfolio": 0.24077676295438555,
+  "corr_benchmark": 0.5472425238641353,
+  "alpha_pos_frac": 0.5381165919282511,
+  "fund_max_dd": -0.6765889159835559,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.66, qqq +0.37, vweax +0.61, fxe +0.15, ivv -0.31, vnq +0.07",
+  "ref_full": "efa +0.40, vweax +0.69, vwo +0.15, qqq +0.15, gld +0.05, fxe +0.09"
+ },
+ "wainx": {
+  "sym": "wainx",
+  "name": "Wasatch Emerging India Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0014550622376654037,
+  "alpha_t_5y": 0.022953606801775446,
+  "alpha_t_full": 1.0456841124589098,
+  "r2_5y": 0.25863335263601706,
+  "r2_full": 0.3148886444607375,
+  "corr_portfolio": 0.22460173510255882,
+  "corr_benchmark": 0.2610970119321807,
+  "alpha_pos_frac": 0.47752808988764045,
+  "fund_max_dd": -0.41336124858606094,
+  "first": "2011-04-27",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.35, ivv +0.14, vweax +0.59, vmbix -0.35, djp -0.07",
+  "ref_full": "vwo +0.37, vweax +0.89, vmbix -0.45, gsg -0.06, vnq +0.06"
+ },
+ "waiox": {
+  "sym": "waiox",
+  "name": "Wasatch International Opportunities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.13854329409179206,
+  "alpha_t_5y": -3.407174239353415,
+  "alpha_t_full": -1.2321916198471756,
+  "r2_5y": 0.6763030696331072,
+  "r2_full": 0.6468057314352529,
+  "corr_portfolio": 0.246120133405443,
+  "corr_benchmark": 0.4945089752310535,
+  "alpha_pos_frac": 0.5435897435897435,
+  "fund_max_dd": -0.6803597207974941,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.59, vweax +0.74, qqq +0.24, fxe +0.24, ivv -0.21, vmbix -0.18",
+  "ref_full": "efa +0.27, vweax +0.67, vwo +0.18, qqq +0.10, fxe +0.11, gld +0.04"
+ },
+ "wamcx": {
+  "sym": "wamcx",
+  "name": "Wasatch Ultra Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.09683725227420148,
+  "alpha_t_5y": -2.304326117204002,
+  "alpha_t_full": -1.0890403596107372,
+  "r2_5y": 0.8665275746899281,
+  "r2_full": 0.864614362654772,
+  "corr_portfolio": 0.08638392730494919,
+  "corr_benchmark": 0.5640408188646092,
+  "alpha_pos_frac": 0.521551724137931,
+  "fund_max_dd": -0.6570288569561195,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.90, qqq +0.80, ivv -0.83, vnq +0.14, djp -0.06, vweax +0.23",
+  "ref_full": "iwm +0.78, qqq +0.50, ivv -0.30, vweax +0.20, vnq -0.06, agg +0.16"
+ },
+ "wamfx": {
+  "sym": "wamfx",
+  "name": "Boston Trust Walden Midcap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.013727434047451633,
+  "alpha_t_5y": -0.5958291832926583,
+  "alpha_t_full": 0.22380279183468194,
+  "r2_5y": 0.8762976233947681,
+  "r2_full": 0.9144228088772008,
+  "corr_portfolio": 0.32954653025505865,
+  "corr_benchmark": 0.5618148248759072,
+  "alpha_pos_frac": 0.5257142857142857,
+  "fund_max_dd": -0.3680628489078037,
+  "first": "2011-08-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.01, qqq -0.43, iwm +0.20, vnq +0.17, gsg -0.02",
+  "ref_full": "ivv +0.85, iwm +0.23, qqq -0.28, vnq +0.09, gld -0.03, efa +0.04"
+ },
+ "wamvx": {
+  "sym": "wamvx",
+  "name": "Wasatch Micro Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.010292821770344861,
+  "alpha_t_5y": 0.3322437664169087,
+  "alpha_t_full": 1.0383246312324705,
+  "r2_5y": 0.8750137731854246,
+  "r2_full": 0.8705541203265095,
+  "corr_portfolio": 0.24996484458096963,
+  "corr_benchmark": 0.5468543434435597,
+  "alpha_pos_frac": 0.5022421524663677,
+  "fund_max_dd": -0.6070201792073282,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.80, vweax +0.34, vea +0.11, vnq -0.07, djp -0.04",
+  "ref_full": "iwm +0.70, vweax +0.40, qqq +0.13, vnq -0.05, efa +0.11, ivv -0.17"
+ },
+ "wasax": {
+  "sym": "wasax",
+  "name": "Nomura Asset Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.01119413624159413,
+  "alpha_t_5y": -0.25191622764261923,
+  "alpha_t_full": -0.44207526166325206,
+  "r2_5y": 0.529841839690097,
+  "r2_full": 0.6618156533382427,
+  "corr_portfolio": 0.2899034432469541,
+  "corr_benchmark": 0.5597930483415574,
+  "alpha_pos_frac": 0.5317919075144508,
+  "fund_max_dd": -0.3565379777068769,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.35, vea +0.34, vblix +0.13, fxy -0.13",
+  "ref_full": "ivv +0.34, gld +0.13, efa +0.21, vnq -0.09, vweax +0.28, iwm +0.10"
+ },
+ "wasmx": {
+  "sym": "wasmx",
+  "name": "Boston Trust Walden SMID Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005825323528066678,
+  "alpha_t_5y": -0.22844578193506193,
+  "alpha_t_full": 0.05038965709330801,
+  "r2_5y": 0.8730078448683072,
+  "r2_full": 0.9075733662771365,
+  "corr_portfolio": 0.3158112680089156,
+  "corr_benchmark": 0.5475993865680101,
+  "alpha_pos_frac": 0.5365853658536586,
+  "fund_max_dd": -0.3773585472913914,
+  "first": "2012-07-02",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.35, vnq +0.15, ivv +0.88, qqq -0.40, gsg -0.05, gld -0.03",
+  "ref_full": "iwm +0.43, ivv +0.77, qqq -0.30, vnq +0.06, gld -0.04, gsg -0.02"
+ },
+ "watfx": {
+  "sym": "watfx",
+  "name": "Western Asset Core Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010077688944533715,
+  "alpha_t_5y": -1.2405072809150184,
+  "alpha_t_full": -1.2620375662624819,
+  "r2_5y": 0.9148416809689418,
+  "r2_full": 0.728146751555123,
+  "corr_portfolio": -0.049498136778808655,
+  "corr_benchmark": 0.731083705361807,
+  "alpha_pos_frac": 0.5549132947976878,
+  "fund_max_dd": -0.23105626693477166,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg +0.20, vweax +0.10, vblix +0.41, tlt -0.21, ief +0.26, vmbix +0.17",
+  "ref_full": "agg +0.24, vweax +0.34, ief +0.29, vnq +0.02, tlt +0.06, vwo +0.01"
+ },
+ "watpx": {
+  "sym": "watpx",
+  "name": "Western Asset Inflation Indexed Plus Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0052311980047038764,
+  "alpha_t_5y": -0.3859264029640199,
+  "alpha_t_full": -0.9951976744734089,
+  "r2_5y": 0.7326280244915288,
+  "r2_full": 0.6269911145166512,
+  "corr_portfolio": -0.056539556880802165,
+  "corr_benchmark": 0.6391068458034175,
+  "alpha_pos_frac": 0.5086705202312138,
+  "fund_max_dd": -0.19173265547191654,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "agg +0.36, djp +0.06, ief +0.29, vblix +0.08",
+  "ref_full": "ief +0.48, vweax +0.15, gsg +0.04, agg +0.12, tlt +0.07, iwm +0.01"
+ },
+ "wayex": {
+  "sym": "wayex",
+  "name": "WAYCROSS MANAGED RISK EQUITY FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0207607144822589,
+  "alpha_t_5y": -1.3204751492482665,
+  "alpha_t_full": -1.3527260599975628,
+  "r2_5y": 0.8640379789788263,
+  "r2_full": 0.8500756278184753,
+  "corr_portfolio": 0.2221868721802064,
+  "corr_benchmark": 0.5591451773441146,
+  "alpha_pos_frac": 0.5076923076923077,
+  "fund_max_dd": -0.20765468122364827,
+  "first": "2015-05-12",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.48, vnq -0.07, qqq +0.07, iwm +0.03",
+  "ref_full": "ivv +0.40, qqq +0.10, iwm +0.08, vnq -0.04, vmbix -0.16, agg +0.10"
+ },
+ "wbalx": {
+  "sym": "wbalx",
+  "name": "Conservative Allocation Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.020355746076804872,
+  "alpha_t_5y": -1.5728330208482884,
+  "alpha_t_full": -0.550847456946087,
+  "r2_5y": 0.8244787569237507,
+  "r2_full": 0.8661370316407698,
+  "corr_portfolio": 0.2717211564679957,
+  "corr_benchmark": 0.6247094836608215,
+  "alpha_pos_frac": 0.48936170212765956,
+  "fund_max_dd": -0.43039733004614555,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.54, vnq +0.05, qqq -0.17, agg +0.32, gsg -0.02, tlt -0.06",
+  "ref_full": "ivv +0.28, vnq +0.06, iwm +0.06, efa +0.06, gld -0.03, agg +0.09"
+ },
+ "wbvnx": {
+  "sym": "wbvnx",
+  "name": "William Blair Small Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.003589445787964142,
+  "alpha_t_5y": -0.13072396770166397,
+  "alpha_t_full": -0.10744258283094833,
+  "r2_5y": 0.898716184943383,
+  "r2_full": 0.9470787021492794,
+  "corr_portfolio": 0.355176542683468,
+  "corr_benchmark": 0.49099360460699126,
+  "alpha_pos_frac": 0.5411764705882353,
+  "fund_max_dd": -0.5520345449675573,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.81, qqq -0.53, ivv +0.71, gld -0.05",
+  "ref_full": "iwm +0.82, vnq +0.07, qqq -0.29, ivv +0.36, tlt -0.04, gld -0.03"
+ },
+ "wceax": {
+  "sym": "wceax",
+  "name": "Nomura Core Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0007949237695286547,
+  "alpha_t_5y": -0.018349291717346387,
+  "alpha_t_full": 0.0501543548027526,
+  "r2_5y": 0.7174415957992615,
+  "r2_full": 0.8898695747239597,
+  "corr_portfolio": 0.26864090107707195,
+  "corr_benchmark": 0.570862822017832,
+  "alpha_pos_frac": 0.5844155844155844,
+  "fund_max_dd": -0.5632909577739643,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.98",
+  "ref_full": "ivv +0.71, qqq +0.13, iwm +0.06, gsg +0.02, efa +0.05, fxy -0.04"
+ },
+ "wceix": {
+  "sym": "wceix",
+  "name": "Virtus Westchester Event-Driven Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.019298186254881996,
+  "alpha_t_5y": -1.2955230029845457,
+  "alpha_t_full": -0.5352890030475923,
+  "r2_5y": 0.44738498633384316,
+  "r2_full": 0.5679220522545705,
+  "corr_portfolio": 0.2700544031299819,
+  "corr_benchmark": 0.4342969335345451,
+  "alpha_pos_frac": 0.4246575342465753,
+  "fund_max_dd": -0.216531822469881,
+  "first": "2014-01-07",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.06, ivv +0.14, vweax +0.14, qqq -0.05, fxy -0.03",
+  "ref_full": "ivv +0.25, qqq -0.11, vweax +0.21, iwm +0.06, fxy -0.06, vwo +0.04"
+ },
+ "wcmgx": {
+  "sym": "wcmgx",
+  "name": "First Trust WCM Focused Global Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.022540814380375928,
+  "alpha_t_5y": -0.6786137797769255,
+  "alpha_t_full": -0.02647490692745584,
+  "r2_5y": 0.8441562198367283,
+  "r2_full": 0.8678915386372484,
+  "corr_portfolio": 0.2077510621566422,
+  "corr_benchmark": 0.5997876858314342,
+  "alpha_pos_frac": 0.5328947368421053,
+  "fund_max_dd": -0.3676423792494785,
+  "first": "2013-07-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.25, vea +0.30, qqq +0.40, iwm +0.07",
+  "ref_full": "ivv +0.20, qqq +0.39, vea +0.26, iwm +0.08, gsg -0.02, vweax +0.12"
+ },
+ "wcpbx": {
+  "sym": "wcpbx",
+  "name": "Core Plus Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.00934174780051928,
+  "alpha_t_5y": 1.3873095621532354,
+  "alpha_t_full": 1.968873241606728,
+  "r2_5y": 0.8883413214102326,
+  "r2_full": 0.8164308174212203,
+  "corr_portfolio": -0.02266382603414972,
+  "corr_benchmark": 0.679066143504003,
+  "alpha_pos_frac": 0.4460431654676259,
+  "fund_max_dd": -0.13537831271034084,
+  "first": "2014-08-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "agg -0.03, vblix +0.28, vweax +0.09, ief +0.22, vmbix +0.13, tlt -0.09",
+  "ref_full": "vblix +0.23, vmbix +0.14, vweax +0.14, ief +0.24, tlt -0.10, vnq +0.01"
+ },
+ "wdiax": {
+  "sym": "wdiax",
+  "name": "Wilmington Enhanced Dividend Income Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0032925975481047196,
+  "alpha_t_5y": 0.16117235718283565,
+  "alpha_t_full": -0.9479521953512018,
+  "r2_5y": 0.863298701294269,
+  "r2_full": 0.5550664165183208,
+  "corr_portfolio": 0.4135099622773924,
+  "corr_benchmark": 0.5758991974309801,
+  "alpha_pos_frac": 0.5964125560538116,
+  "fund_max_dd": -0.48276142893026397,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.08, qqq -0.50, iwm +0.08, gsg +0.05, vnq +0.08, vea +0.08",
+  "ref_full": "ivv +0.50, iwm +0.12, qqq -0.14, vweax +0.15, efa +0.08, tlt +0.05"
+ },
+ "wdiv": {
+  "sym": "wdiv",
+  "name": "State Street(R) SPDR(R) S&P(R) Global Dividend ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.031576788484792256,
+  "alpha_t_5y": 1.6178375685155528,
+  "alpha_t_full": 1.229013909736081,
+  "r2_5y": 0.8653951773532732,
+  "r2_full": 0.8644995406025096,
+  "corr_portfolio": 0.41842656451527555,
+  "corr_benchmark": 0.4928229642714195,
+  "alpha_pos_frac": 0.5228758169934641,
+  "fund_max_dd": -0.42344518892167116,
+  "first": "2013-05-31",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.52, vnq +0.15, qqq -0.35, ivv +0.33, vwo +0.08, iwm +0.06",
+  "ref_full": "vea +0.59, vnq +0.14, qqq -0.31, ivv +0.33, vwo +0.09, gsg +0.04"
+ },
+ "wefix": {
+  "sym": "wefix",
+  "name": "Short Duration Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0047589986999954795,
+  "alpha_t_5y": 0.9907963053041298,
+  "alpha_t_full": 3.6670650212290408,
+  "r2_5y": 0.6036467976695126,
+  "r2_full": 0.5141094046275354,
+  "corr_portfolio": 0.03621468830878339,
+  "corr_benchmark": 0.44421303775965204,
+  "alpha_pos_frac": 0.41040462427745666,
+  "fund_max_dd": -0.059832165076966204,
+  "first": "2007-06-04",
+  "verdict": "alpha in 5y window, but not persistent (lucky stretch?)",
+  "alpha_name": false,
+  "ref_5y": "ief +0.23, vweax +0.08, tlt -0.18, vblix +0.17, ivv -0.01",
+  "ref_full": "ief +0.25, vweax +0.10, tlt -0.05, vnq +0.01, fxy +0.02, gld -0.00"
+ },
+ "weusx": {
+  "sym": "weusx",
+  "name": "SIIT WORLD EQUITY EX-US FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 9.42961794334167e-05,
+  "alpha_t_5y": 0.00423191152638196,
+  "alpha_t_full": -1.3725534667419217,
+  "r2_5y": 0.8696487267872586,
+  "r2_full": 0.8744154649726497,
+  "corr_portfolio": 0.41622963201730273,
+  "corr_benchmark": 0.48589711708943967,
+  "alpha_pos_frac": 0.5765765765765766,
+  "fund_max_dd": -0.6662650364430045,
+  "first": "2007-09-05",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.43, vwo +0.16, vweax +0.45, agg -0.24, qqq -0.04, efa +0.24",
+  "ref_full": "vea +0.38, vweax +0.51, vwo +0.16, ief -0.12, efa +0.24, vnq -0.03"
+ },
+ "wggsx": {
+  "sym": "wggsx",
+  "name": "Wasatch Global Select Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.10079983020465248,
+  "alpha_t_5y": -2.9816153224229467,
+  "alpha_t_full": -2.3506389107689367,
+  "r2_5y": 0.82632678312586,
+  "r2_full": 0.8513136823856446,
+  "corr_portfolio": 0.1182245860992577,
+  "corr_benchmark": 0.6350348942455755,
+  "alpha_pos_frac": 0.5714285714285714,
+  "fund_max_dd": -0.43353184735510464,
+  "first": "2019-10-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.12, vea +0.30, iwm +0.24, qqq +0.25, vweax +0.43, djp -0.07",
+  "ref_full": "ivv +0.06, vea +0.29, iwm +0.22, qqq +0.30, vweax +0.30, djp -0.07"
+ },
+ "wgisx": {
+  "sym": "wgisx",
+  "name": "Wasatch International Select Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.10275684362382566,
+  "alpha_t_5y": -2.577494784597903,
+  "alpha_t_full": -1.6917932233742,
+  "r2_5y": 0.7729020348476972,
+  "r2_full": 0.7805654747893656,
+  "corr_portfolio": 0.09672789367643869,
+  "corr_benchmark": 0.6085697651702847,
+  "alpha_pos_frac": 0.5064935064935064,
+  "fund_max_dd": -0.454878048780487,
+  "first": "2019-10-02",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vea +0.03, qqq +0.36, vweax +0.57, fxe +0.20, efa +0.64, ivv -0.19",
+  "ref_full": "vea +0.58, qqq +0.27, fxe +0.22, vweax +0.36, gsg -0.04, fxy +0.11"
+ },
+ "wgrox": {
+  "sym": "wgrox",
+  "name": "Wasatch Core Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05040461409652123,
+  "alpha_t_5y": -1.5787979869629634,
+  "alpha_t_full": -0.864437832766556,
+  "r2_5y": 0.8902586868328958,
+  "r2_full": 0.9142819314305284,
+  "corr_portfolio": 0.20460761712422457,
+  "corr_benchmark": 0.5810266414797395,
+  "alpha_pos_frac": 0.5549132947976878,
+  "fund_max_dd": -0.6161040345439093,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.69, ivv +0.20, djp -0.08, vblix +0.06, vnq +0.08, qqq +0.12",
+  "ref_full": "iwm +0.65, qqq +0.12, vweax +0.18, ivv +0.19, gsg -0.03, agg +0.10"
+ },
+ "whiax": {
+  "sym": "whiax",
+  "name": "Nomura High Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.012806505302065549,
+  "alpha_t_5y": -0.795454703844137,
+  "alpha_t_full": 0.9286422457250366,
+  "r2_5y": 0.5861145676255235,
+  "r2_full": 0.6454864359488737,
+  "corr_portfolio": 0.30623860928512414,
+  "corr_benchmark": 0.3822933699321789,
+  "alpha_pos_frac": 0.5260115606936416,
+  "fund_max_dd": -0.2617460913852856,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.89, vwo +0.04, ief -0.16, vblix +0.07",
+  "ref_full": "vweax +0.81, ivv +0.03, djp +0.01, vnq -0.01"
+ },
+ "whosx": {
+  "sym": "whosx",
+  "name": "Wasatch-Hoisington U.S. Treasury Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.005383976172387516,
+  "alpha_t_5y": -0.2059466311594129,
+  "alpha_t_full": 0.424256192478773,
+  "r2_5y": 0.8681689474463825,
+  "r2_full": 0.8770054113789317,
+  "corr_portfolio": -0.1899143965571968,
+  "corr_benchmark": 0.5959948580728329,
+  "alpha_pos_frac": 0.4508670520231214,
+  "fund_max_dd": -0.5421850230117555,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "tlt +0.75, ivv -0.07, vblix +0.35",
+  "ref_full": "tlt +1.06, fxy +0.06, djp -0.02, vnq +0.02, vweax -0.07"
+ },
+ "wiefx": {
+  "sym": "wiefx",
+  "name": "Boston Trust Walden International Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.007472576189779081,
+  "alpha_t_5y": 0.4743842343915321,
+  "alpha_t_full": 0.4514414000422964,
+  "r2_5y": 0.9286316557611363,
+  "r2_full": 0.8914951246079601,
+  "corr_portfolio": 0.35355379694254824,
+  "corr_benchmark": 0.5428738066689854,
+  "alpha_pos_frac": 0.5038759689922481,
+  "fund_max_dd": -0.29651664172681624,
+  "first": "2015-06-10",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "efa +0.78, fxe +0.13, vnq +0.05, vwo -0.04, ief +0.21, tlt -0.08",
+  "ref_full": "efa +0.81, vweax +0.24, fxe +0.11, vwo -0.05, qqq -0.03, agg +0.09"
+ },
+ "winax": {
+  "sym": "winax",
+  "name": "Wilmington International Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004377411522258871,
+  "alpha_t_5y": -0.22661438267343847,
+  "alpha_t_full": -1.7268740744368323,
+  "r2_5y": 0.9077899850042552,
+  "r2_full": 0.8781566841893698,
+  "corr_portfolio": 0.36214989126870195,
+  "corr_benchmark": 0.5350811906812367,
+  "alpha_pos_frac": 0.6233183856502242,
+  "fund_max_dd": -0.6368130946080266,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vea +0.38, vwo +0.23, efa +0.27, vweax +0.11",
+  "ref_full": "efa +0.63, vwo +0.17, vweax +0.26, fxe +0.13, qqq +0.04, vnq -0.02"
+ },
+ "wisex": {
+  "sym": "wisex",
+  "name": "Azzad Wise Capital Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.010897042593441778,
+  "alpha_t_5y": -2.665514936659599,
+  "alpha_t_full": -0.22972633019697047,
+  "r2_5y": 0.5851804251323116,
+  "r2_full": 0.49336707074974295,
+  "corr_portfolio": 0.2740934132463308,
+  "corr_benchmark": 0.5409715422141699,
+  "alpha_pos_frac": 0.5130890052356021,
+  "fund_max_dd": -0.05280731772468983,
+  "first": "2010-04-01",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vnq +0.02, vweax +0.06, vea +0.01, ief +0.04, ivv +0.06, qqq -0.03",
+  "ref_full": "ivv +0.06, vweax +0.06, vnq +0.01, vmbix +0.04, qqq -0.01, efa +0.01"
+ },
+ "wlgrx": {
+  "sym": "wlgrx",
+  "name": "Nomura Large Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04035401234068534,
+  "alpha_t_5y": -1.9117025244446753,
+  "alpha_t_full": -1.4431413852693302,
+  "r2_5y": 0.9331130305223021,
+  "r2_full": 0.9368973688380163,
+  "corr_portfolio": 0.17455990629905463,
+  "corr_benchmark": 0.6178545374459695,
+  "alpha_pos_frac": 0.5112107623318386,
+  "fund_max_dd": -0.500203012776594,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.69, qqq +0.43, iwm -0.11, vnq +0.07, vea -0.54, efa +0.48",
+  "ref_full": "qqq +0.45, ivv +0.58, vwo -0.03, vnq -0.02, agg +0.05, fxe +0.03"
+ },
+ "wmbdx": {
+  "sym": "wmbdx",
+  "name": "WesMark Government Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.015839135045534528,
+  "alpha_t_5y": -2.1257700626108273,
+  "alpha_t_full": -3.1775627878513744,
+  "r2_5y": 0.9103791565396259,
+  "r2_full": 0.7249893621388626,
+  "corr_portfolio": -0.1086037101512423,
+  "corr_benchmark": 0.6324937584323421,
+  "alpha_pos_frac": 0.5722543352601156,
+  "fund_max_dd": -0.24648259266725037,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ief +0.39, vweax +0.06, vmbix +0.24, vblix +0.21, qqq -0.01, tlt -0.09",
+  "ref_full": "ief +0.45, vweax +0.11, agg +0.13, vnq +0.01, tlt -0.02"
+ },
+ "wmcvx": {
+  "sym": "wmcvx",
+  "name": "Wasatch Small Cap Value Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0035476244892294695,
+  "alpha_t_5y": -0.12907036935422214,
+  "alpha_t_full": -0.3872374280149819,
+  "r2_5y": 0.9161788527649753,
+  "r2_full": 0.9220141859516241,
+  "corr_portfolio": 0.28682180407402447,
+  "corr_benchmark": 0.5346497222048666,
+  "alpha_pos_frac": 0.5607843137254902,
+  "fund_max_dd": -0.6578608723541735,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.85, ivv +0.45, qqq -0.25, gld -0.05, vweax +0.15",
+  "ref_full": "iwm +0.84, vweax +0.22, ivv +0.17, qqq -0.09, gsg +0.02"
+ },
+ "wmgrx": {
+  "sym": "wmgrx",
+  "name": "Nomura Mid Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.11384403152058367,
+  "alpha_t_5y": -3.3224898511387617,
+  "alpha_t_full": -2.047850281418785,
+  "r2_5y": 0.8775293190197686,
+  "r2_full": 0.906659490320771,
+  "corr_portfolio": 0.14324016972922599,
+  "corr_benchmark": 0.6136156940016783,
+  "alpha_pos_frac": 0.5603448275862069,
+  "fund_max_dd": -0.5378433202293931,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv -0.08, iwm +0.46, qqq +0.54, vnq +0.13, djp -0.05, vweax +0.19",
+  "ref_full": "ivv +0.20, iwm +0.41, qqq +0.36, agg +0.09, vweax +0.09"
+ },
+ "wmicx": {
+  "sym": "wmicx",
+  "name": "Wasatch Micro Cap Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05353885638920608,
+  "alpha_t_5y": -1.4992139668564308,
+  "alpha_t_full": -0.5777068699087272,
+  "r2_5y": 0.8821420059433401,
+  "r2_full": 0.8918356354930714,
+  "corr_portfolio": 0.15827524793313943,
+  "corr_benchmark": 0.5440733777140916,
+  "alpha_pos_frac": 0.4870689655172414,
+  "fund_max_dd": -0.6521223217044136,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.00, qqq +0.40, ivv -0.48, djp -0.07, vweax +0.18",
+  "ref_full": "iwm +0.90, qqq +0.29, ivv -0.25, vweax +0.19, vnq -0.05, ief +0.08"
+ },
+ "wmlix": {
+  "sym": "wmlix",
+  "name": "Wilmington Large-Cap Strategy Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.004248493513058863,
+  "alpha_t_5y": -0.6851276834607083,
+  "alpha_t_full": -0.23688681338316975,
+  "r2_5y": 0.9925145495007335,
+  "r2_full": 0.9372175556784287,
+  "corr_portfolio": 0.26814496625668727,
+  "corr_benchmark": 0.6071308295128939,
+  "alpha_pos_frac": 0.5977859778597786,
+  "fund_max_dd": -0.5501448855076762,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.88, iwm +0.07, qqq +0.04",
+  "ref_full": "ivv +0.75, qqq +0.11, iwm +0.08, vweax +0.08, djp +0.03, gld -0.03"
+ },
+ "wmmax": {
+  "sym": "wmmax",
+  "name": "TETON WESTWOOD MIGHTY MITES FUND",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02461795274081807,
+  "alpha_t_5y": 0.8852544710774647,
+  "alpha_t_full": 0.8838724740904166,
+  "r2_5y": 0.8817936767045781,
+  "r2_full": 0.8597362505548672,
+  "corr_portfolio": 0.3085365285125977,
+  "corr_benchmark": 0.49846557331278524,
+  "alpha_pos_frac": 0.4439461883408072,
+  "fund_max_dd": -0.4271419403172343,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.81, qqq -0.26, ivv +0.26, djp -0.05, vea +0.09, vnq -0.05",
+  "ref_full": "iwm +0.83, vnq -0.11, vweax +0.28, qqq -0.08, vwo -0.09, efa +0.09"
+ },
+ "wmmrx": {
+  "sym": "wmmrx",
+  "name": "Wilmington Real Asset Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.014957964397877648,
+  "alpha_t_5y": -0.8280262317961803,
+  "alpha_t_full": -0.5000480949465561,
+  "r2_5y": 0.8565553163488917,
+  "r2_full": 0.7133663027851737,
+  "corr_portfolio": 0.35670566385721897,
+  "corr_benchmark": 0.5177579479991947,
+  "alpha_pos_frac": 0.5426008968609866,
+  "fund_max_dd": -0.37877147899925134,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "djp +0.36, vnq +0.28, vea +0.14, vweax +0.16, qqq -0.04",
+  "ref_full": "efa +0.09, djp +0.25, vnq +0.11, vweax +0.32, ief +0.24, iwm +0.07"
+ },
+ "wmnux": {
+  "sym": "wmnux",
+  "name": "Westwood Alternative Income Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.014054957292677256,
+  "alpha_t_5y": 2.4210927723527385,
+  "alpha_t_full": 3.3001133350588554,
+  "r2_5y": 0.38256112453847935,
+  "r2_full": 0.1799060684788203,
+  "corr_portfolio": 0.09371513014491326,
+  "corr_benchmark": 0.17652624930520902,
+  "alpha_pos_frac": 0.5076923076923077,
+  "fund_max_dd": -0.07640266654441785,
+  "first": "2015-05-04",
+  "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio",
+  "alpha_name": true,
+  "ref_5y": "vweax +0.11, iwm +0.03, fxe +0.02, vmbix +0.03, vnq -0.01, vwo +0.01",
+  "ref_full": "vweax +0.17, fxe +0.04, fxy +0.02, iwm +0.04, ivv -0.04, efa -0.02"
+ },
+ "wnyax": {
+  "sym": "wnyax",
+  "name": "Wilmington New York Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.020706128501082492,
+  "alpha_t_5y": -2.0900144177189905,
+  "alpha_t_full": -0.5252054062732796,
+  "r2_5y": 0.36197203348181706,
+  "r2_full": 0.27783751883747887,
+  "corr_portfolio": 0.028468359768801896,
+  "corr_benchmark": 0.3463404467852397,
+  "alpha_pos_frac": 0.5371024734982333,
+  "fund_max_dd": -0.11693808185885002,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "vweax +0.30, ief +0.12, ivv -0.04",
+  "ref_full": "agg +0.10, vweax +0.22, ief +0.06, fxy +0.03, efa -0.02, vnq +0.01"
+ },
+ "wpopx": {
+  "sym": "wpopx",
+  "name": "Partners III Opportunity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05708280632467476,
+  "alpha_t_5y": -1.8253658473174001,
+  "alpha_t_full": -1.1318154482475813,
+  "r2_5y": 0.7784849044150112,
+  "r2_full": 0.8029277684300452,
+  "corr_portfolio": 0.24883797236768712,
+  "corr_benchmark": 0.553376511717844,
+  "alpha_pos_frac": 0.4462809917355372,
+  "fund_max_dd": -0.5754926574454038,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.92, qqq -0.24, vnq +0.09, iwm +0.08, gld -0.06, vweax +0.25",
+  "ref_full": "ivv +0.49, iwm +0.18, vweax +0.18, vnq +0.04, gld -0.04, agg +0.10"
+ },
+ "wpsgx": {
+  "sym": "wpsgx",
+  "name": "AB Concentrated Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.0732218240690948,
+  "alpha_t_5y": -2.86842470750122,
+  "alpha_t_full": -0.8046878102092846,
+  "r2_5y": 0.884955511433257,
+  "r2_full": 0.9088251013952273,
+  "corr_portfolio": 0.2505200651502974,
+  "corr_benchmark": 0.5927475886070235,
+  "alpha_pos_frac": 0.5474137931034483,
+  "fund_max_dd": -0.4806984590002825,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.92, vnq +0.13, djp -0.04",
+  "ref_full": "ivv +0.73, qqq +0.13, iwm +0.08, gsg -0.03, gld -0.03, vnq +0.02"
+ },
+ "wpvlx": {
+  "sym": "wpvlx",
+  "name": "Multi Cap Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.05035690607141394,
+  "alpha_t_5y": -1.722073828841094,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.04, qqq -0.30, iwm +0.16, vnq +0.11, djp -0.06",
+  "ref_full": "ivv +0.56, iwm +0.23, vweax +0.20, vnq +0.06, gld -0.04, agg +0.11"
+ },
+ "wraax": {
+  "sym": "wraax",
+  "name": "Wilmington Global Alpha Equities Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.016249041190341134,
+  "alpha_t_5y": -1.5597479498768982,
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+  "first": "2012-01-13",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.46, efa +0.11, qqq -0.12, tlt +0.04, vweax -0.11, iwm -0.03",
+  "ref_full": "ivv +0.33, agg +0.58, vmbix -0.38, vnq -0.06, qqq -0.07, iwm +0.03"
+ },
+ "wsbfx": {
+  "sym": "wsbfx",
+  "name": "Boston Trust Walden Balanced Fund",
+  "bucket": "all",
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+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.83, agg +0.30, qqq -0.16, iwm -0.02",
+  "ref_full": "ivv +0.66, ief +0.13, vnq -0.04, vweax +0.07, qqq -0.04, iwm +0.03"
+ },
+ "wsefx": {
+  "sym": "wsefx",
+  "name": "Boston Trust Walden Equity Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.02734892825837577,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.26, qqq -0.26, iwm -0.03",
+  "ref_full": "ivv +0.96, qqq -0.08, efa +0.03, tlt -0.02, vnq -0.02, iwm +0.02"
+ },
+ "wsgrx": {
+  "sym": "wsgrx",
+  "name": "Nomura Small Cap Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.04473911639469181,
+  "alpha_t_5y": -0.6723658430310309,
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
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+  "ref_full": "iwm +0.80, qqq +0.29, vnq -0.06, efa -0.06"
+ },
+ "wstrx": {
+  "sym": "wstrx",
+  "name": "Nomura Science and Technology Fund",
+  "bucket": "all",
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.16, vwo +0.03, vnq -0.12, iwm +0.16, ivv -0.28, vea +0.13",
+  "ref_full": "qqq +0.79, iwm +0.27, vnq -0.11, vweax +0.18, gld +0.05"
+ },
+ "wtabx": {
+  "sym": "wtabx",
+  "name": "Wilmington Municipal Bond Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.018760398833146542,
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+  "alpha_name": false,
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+  "ref_full": "agg +0.10, vweax +0.22, ief +0.06, fxy +0.03, efa -0.02, vnq +0.01"
+ },
+ "wusax": {
+  "sym": "wusax",
+  "name": "Columbia Variable Portfolio - Acorn Fund",
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.81, qqq +0.56, ivv -0.41, vweax +0.21",
+  "ref_full": "iwm +0.78, qqq +0.26, agg +0.09, fxe +0.05, vnq -0.02"
+ },
+ "wvalx": {
+  "sym": "wvalx",
+  "name": "Large Cap Equity Fund",
+  "bucket": "all",
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+  "alpha_t_5y": -1.943959029181034,
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +1.10, vnq +0.12, djp -0.07, qqq -0.15",
+  "ref_full": "ivv +0.80, vnq +0.05, vweax +0.13, iwm +0.07, vwo -0.05, agg +0.12"
+ },
+ "wwnpx": {
+  "sym": "wwnpx",
+  "name": "Kinetics Paradigm Fund",
+  "bucket": "all",
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+  "alpha_t_5y": 0.5513687993524552,
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
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+  "ref_full": "iwm +0.44, gsg +0.25, ivv +0.42, vweax +0.21, qqq -0.12"
+ },
+ "wwwex": {
+  "sym": "wwwex",
+  "name": "Kinetics Global Fund",
+  "bucket": "all",
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+  "alpha_t_5y": 0.6370084935391229,
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.51, gsg +0.14, gld +0.13, ief -0.26",
+  "ref_full": "efa +0.14, iwm +0.26, djp +0.15, vnq -0.12, vweax +0.44, vwo +0.14"
+ },
+ "wwwfx": {
+  "sym": "wwwfx",
+  "name": "Kinetics Internet Fund",
+  "bucket": "all",
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+  "alpha_ann_5y": -0.004309759527652317,
+  "alpha_t_5y": -0.042660313083757104,
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
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+  "ref_full": "iwm +0.37, qqq +0.31, djp +0.13"
+ },
+ "xcem": {
+  "sym": "xcem",
+  "name": "Columbia EM Core ex-China ETF",
+  "bucket": "all",
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+  "alpha_t_5y": 0.42690260169192923,
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+  "first": "2015-09-03",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vwo +0.44, vea +2.71, efa -2.18, djp -0.07, qqq +0.09, vnq -0.09",
+  "ref_full": "vwo +0.45, vea +2.42, efa -1.92, vweax +0.29, vnq -0.08, gsg -0.04"
+ },
+ "xitk": {
+  "sym": "xitk",
+  "name": "State Street(R) SPDR(R) FactSet Innovative Technology ETF",
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+  "alpha_ann_5y": -0.0993656851356445,
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+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.52, iwm +0.81, ivv -1.36, vweax +0.52, vwo +0.25, vea -0.31",
+  "ref_full": "qqq +1.49, iwm +0.73, ivv -1.42, vweax +0.35, tlt +0.08, vwo +0.08"
+ },
+ "xlre": {
+  "sym": "xlre",
+  "name": "State Street(R) Real Estate Select Sector SPDR(R) ETF",
+  "bucket": "all",
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+  "alpha_ann_5y": 0.006848796243436156,
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+  "first": "2015-10-09",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "vnq +1.07, iwm -0.11, qqq +0.04",
+  "ref_full": "vnq +1.01, iwm -0.14, ivv +0.11"
+ },
+ "xmhq": {
+  "sym": "xmhq",
+  "name": "Invesco S&P MidCap Quality ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.009280224226052744,
+  "alpha_t_5y": 0.29348797368431395,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
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+  "ref_full": "iwm +0.43, ivv +0.42, vweax +0.41, djp +0.07, vnq -0.03, vwo -0.04"
+ },
+ "xmlv": {
+  "sym": "xmlv",
+  "name": "Invesco S&P MidCap Low Volatility ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.003980835875655843,
+  "alpha_t_5y": 0.16358860084452465,
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+  "first": "2013-02-19",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
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+  "ref_full": "vnq +0.36, iwm +0.21, ivv +0.68, qqq -0.38, gsg -0.02, vmbix -0.10"
+ },
+ "xmmo": {
+  "sym": "xmmo",
+  "name": "Invesco S&P MidCap Momentum ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.0136673590049493,
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+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.56, ivv +0.33, vea +0.91, efa -0.75, vmbix -0.47, vblix +0.14",
+  "ref_full": "ivv +0.27, iwm +0.46, qqq +0.23, vnq -0.06, efa +0.09, gld +0.04"
+ },
+ "xmvm": {
+  "sym": "xmvm",
+  "name": "Invesco S&P MidCap Value with Momentum ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.04449710902041887,
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+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.71, ief -0.14, vnq -0.03, qqq -0.74, ivv +1.18, gld -0.07",
+  "ref_full": "iwm +0.57, ivv +0.74, qqq -0.42, vweax +0.25, tlt -0.08, agg +0.14"
+ },
+ "xntk": {
+  "sym": "xntk",
+  "name": "State Street(R) SPDR(R) NYSE Technology ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.02427346464988303,
+  "alpha_t_5y": 0.8979399280376937,
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+  "r2_5y": 0.9505977363121354,
+  "r2_full": 0.8989474679485844,
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+  "fund_max_dd": -0.7626066564999899,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.44, vwo +0.26, ivv -0.69, iwm +0.22, vnq -0.09, ief -0.10",
+  "ref_full": "qqq +1.10, vwo +0.10, vnq -0.06, iwm +0.12, ivv -0.22, vweax +0.15"
+ },
+ "xshq": {
+  "sym": "xshq",
+  "name": "Invesco S&P SmallCap Quality ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.009867069139636664,
+  "alpha_t_5y": 0.3013472220543,
+  "alpha_t_full": 0.3500001740574855,
+  "r2_5y": 0.869462923429522,
+  "r2_full": 0.7809684945956339,
+  "corr_portfolio": 0.30331086186624,
+  "corr_benchmark": 0.48026144742162397,
+  "alpha_pos_frac": 0.4953271028037383,
+  "fund_max_dd": -0.3833128924669289,
+  "first": "2017-04-12",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.89, qqq -0.42, ivv +0.59, gld -0.06, vnq -0.09",
+  "ref_full": "iwm +0.87, qqq -0.26, ivv +0.32, vnq -0.06"
+ },
+ "xslv": {
+  "sym": "xslv",
+  "name": "Invesco S&P SmallCap Low Volatility ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.004771918077802193,
+  "alpha_t_5y": 0.15503853323152653,
+  "alpha_t_full": 0.9647173225688038,
+  "r2_5y": 0.8107105513356203,
+  "r2_full": 0.8562068629224193,
+  "corr_portfolio": 0.3468526324534221,
+  "corr_benchmark": 0.47124112213837355,
+  "alpha_pos_frac": 0.5961538461538461,
+  "fund_max_dd": -0.44336557658778386,
+  "first": "2013-02-19",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +0.54, vnq +0.22, qqq -0.53, ivv +0.63, gld -0.06, vwo -0.06",
+  "ref_full": "iwm +0.60, vnq +0.24, qqq -0.47, ivv +0.53, gld -0.06, gsg -0.03"
+ },
+ "xsmo": {
+  "sym": "xsmo",
+  "name": "Invesco S&P SmallCap Momentum ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.023999705261385784,
+  "alpha_t_5y": 0.6515126873856831,
+  "alpha_t_full": -0.34040550323994234,
+  "r2_5y": 0.860914842166896,
+  "r2_full": 0.8216864966347717,
+  "corr_portfolio": 0.27868843476507543,
+  "corr_benchmark": 0.5005401597060205,
+  "alpha_pos_frac": 0.517948717948718,
+  "fund_max_dd": -0.5807451093108752,
+  "first": "2007-06-04",
+  "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.00, vmbix -0.18, vnq -0.06",
+  "ref_full": "iwm +0.87, qqq +0.14, vnq -0.06, vweax +0.18, vwo -0.05, gld +0.04"
+ },
+ "xsvm": {
+  "sym": "xsvm",
+  "name": "Invesco S&P SmallCap Value with Momentum ETF",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": 0.08055568751641952,
+  "alpha_t_5y": 1.691382306779869,
+  "alpha_t_full": 1.7491826399134263,
+  "r2_5y": 0.7781854171978819,
+  "r2_full": 0.8443116632697478,
+  "corr_portfolio": 0.3590219006119822,
+  "corr_benchmark": 0.4150780156343713,
+  "alpha_pos_frac": 0.42857142857142855,
+  "fund_max_dd": -0.6256982514979584,
+  "first": "2007-06-04",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "iwm +1.04, qqq -0.70, ivv +0.70, gld -0.08, vnq -0.08",
+  "ref_full": "iwm +1.03, qqq -0.38, ivv +0.24, gld -0.07, djp +0.06, vweax +0.13"
+ },
+ "ycgex": {
+  "sym": "ycgex",
+  "name": "YCG Enhanced Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.03792760267325439,
+  "alpha_t_5y": -1.1294660761347939,
+  "alpha_t_full": -0.76782070379585,
+  "r2_5y": 0.7815723577014332,
+  "r2_full": 0.8555681598643435,
+  "corr_portfolio": 0.23571000894971192,
+  "corr_benchmark": 0.5913815162830864,
+  "alpha_pos_frac": 0.569620253164557,
+  "fund_max_dd": -0.3590307942878992,
+  "first": "2013-01-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "ivv +0.83, vnq +0.21, iwm -0.13, fxe +0.20, gld -0.08, vweax +0.21",
+  "ref_full": "ivv +0.79, vnq +0.12, efa +0.75, vea -0.68, iwm -0.07, vweax +0.17"
+ },
+ "zvgix": {
+  "sym": "zvgix",
+  "name": "Zevenbergen Genea Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.08201126255501641,
+  "alpha_t_5y": -1.1147259511699117,
+  "alpha_t_full": -0.4675967920067726,
+  "r2_5y": 0.8009937716037726,
+  "r2_full": 0.785917800907386,
+  "corr_portfolio": -0.050814323870191205,
+  "corr_benchmark": 0.5509851035735001,
+  "alpha_pos_frac": 0.49206349206349204,
+  "fund_max_dd": -0.6862951901718308,
+  "first": "2015-09-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +2.03, iwm +0.63, ivv -1.43, vweax +0.58, vea -0.33, vwo +0.18",
+  "ref_full": "qqq +2.04, ivv -1.63, iwm +0.60, vweax +0.41"
+ },
+ "zvnix": {
+  "sym": "zvnix",
+  "name": "Zevenbergen Growth Fund",
+  "bucket": "all",
+  "in_portfolio": false,
+  "alpha_ann_5y": -0.11777389660207592,
+  "alpha_t_5y": -1.809005771771443,
+  "alpha_t_full": -1.2752355838866454,
+  "r2_5y": 0.815164480993153,
+  "r2_full": 0.8120232788909106,
+  "corr_portfolio": -0.05411552962558509,
+  "corr_benchmark": 0.5648850487773036,
+  "alpha_pos_frac": 0.5238095238095238,
+  "fund_max_dd": -0.6609743261509207,
+  "first": "2015-09-03",
+  "verdict": "weak/unstable alpha",
+  "alpha_name": false,
+  "ref_5y": "qqq +1.93, iwm +0.56, ivv -1.45, vweax +0.45",
+  "ref_full": "qqq +1.80, ivv -1.33, iwm +0.54, vweax +0.27, tlt +0.06"
+ }
+}
\ No newline at end of file
diff --git a/fundlab/search_all_rawalpha.json b/fundlab/search_all_rawalpha.json
new file mode 100644
index 0000000..e5a2a71
--- /dev/null
+++ b/fundlab/search_all_rawalpha.json
@@ -0,0 +1 @@
+{"aaaax": {"sym": "aaaax", "name": "DWS RREEF Real Assets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.021031804620376248, "alpha_t_5y": -1.2934097161520801, "alpha_t_full": -1.4746284211063236, "r2_5y": 0.8979534437752364, "r2_full": 0.8231306378787784, "corr_portfolio": 0.3663413480361542, "corr_benchmark": 0.5865351836854442, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.4016288379156525, "first": "2007-08-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aaaox": {"sym": "aaaox", "name": "ONE CHOICE BLEND+ IN RETIREMENT PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0014912342647210193, "alpha_t_5y": -0.24897136416866972, "alpha_t_full": -0.24897136416866972, "r2_5y": 0.9641051031760246, "r2_full": 0.9641051031760246, "corr_portfolio": 0.09542294247246016, "corr_benchmark": 0.8499877000535705, "alpha_pos_frac": 0.5, "fund_max_dd": -0.189499032730719, "first": "2021-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aaarx": {"sym": "aaarx", "name": "STRATEGIC ALLOCATION: AGGRESSIVE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012814638916395124, "alpha_t_5y": -1.3951084353601528, "alpha_t_full": -1.517319448564789, "r2_5y": 0.9720007678753134, "r2_full": 0.9580866262828812, "corr_portfolio": 0.3225122268166367, "corr_benchmark": 0.6465388382686551, "alpha_pos_frac": 0.4797687861271676, "fund_max_dd": -0.4667608427434139, "first": "2005-04-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aaatx": {"sym": "aaatx", "name": "American Funds 2010 Target Date Retirement Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00861570534104983, "alpha_t_5y": 1.459611416897648, "alpha_t_full": 1.3323564137185264, "r2_5y": 0.9523174804964584, "r2_full": 0.9339074066082457, "corr_portfolio": 0.33136805339229963, "corr_benchmark": 0.7527783923898494, "alpha_pos_frac": 0.517948717948718, "fund_max_dd": -0.4044292356210355, "first": "2007-02-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aabkx": {"sym": "aabkx", "name": "ONE CHOICE BLEND+ 2025 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0038553062391357895, "alpha_t_5y": -0.6280889159085827, "alpha_t_full": -0.6280889159085827, "r2_5y": 0.9692848216085848, "r2_full": 0.9692848216085848, "corr_portfolio": 0.10222345049772473, "corr_benchmark": 0.8224653871960524, "alpha_pos_frac": 0.5333333333333333, "fund_max_dd": -0.1999851190917783, "first": "2021-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aacpx": {"sym": "aacpx", "name": "ONE CHOICE BLEND+ 2035 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015340753257619702, "alpha_t_5y": -2.1444541373515267, "alpha_t_full": -2.1444541373515267, "r2_5y": 0.9748480740633347, "r2_full": 0.9748480740633347, "corr_portfolio": 0.11220858696305178, "corr_benchmark": 0.7619139629937716, "alpha_pos_frac": 0.55, "fund_max_dd": -0.23500701528020884, "first": "2021-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aacrx": {"sym": "aacrx", "name": "STRATEGIC ALLOCATION: CONSERVATIVE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010932098050963951, "alpha_t_5y": -1.4595809867694296, "alpha_t_full": -2.789337297420753, "r2_5y": 0.9522139270237737, "r2_full": 0.9426664877171123, "corr_portfolio": 0.30122990940670624, "corr_benchmark": 0.7464743968327447, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.2633718959861281, "first": "2005-04-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aacsx": {"sym": "aacsx", "name": "ONE CHOICE BLEND+ 2040 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01034502745356626, "alpha_t_5y": -1.400534419447688, "alpha_t_full": -1.400534419447688, "r2_5y": 0.9784263174348858, "r2_full": 0.9784263174348858, "corr_portfolio": 0.11965500928327584, "corr_benchmark": 0.7346584705727536, "alpha_pos_frac": 0.5666666666666667, "fund_max_dd": -0.24199180971833767, "first": "2021-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aactx": {"sym": "aactx", "name": "American Funds 2020 Target Date Retirement Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0050009142130185025, "alpha_t_5y": 0.8253519792998457, "alpha_t_full": 1.0473166229675388, "r2_5y": 0.9620679395206535, "r2_full": 0.9419204521571319, "corr_portfolio": 0.32588677049383846, "corr_benchmark": 0.7320990491701699, "alpha_pos_frac": 0.4358974358974359, "fund_max_dd": -0.46279206672517414, "first": "2007-02-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aadax": {"sym": "aadax", "name": "Invesco Select Risk: Growth Investor Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.016690478998113503, "alpha_t_5y": -1.9395142886940664, "alpha_t_full": -2.725951593863512, "r2_5y": 0.974801201373345, "r2_full": 0.9596580041381875, "corr_portfolio": 0.31477267314893853, "corr_benchmark": 0.6525003217498289, "alpha_pos_frac": 0.5260115606936416, "fund_max_dd": -0.5579120117330258, "first": "2004-05-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aadhx": {"sym": "aadhx", "name": "ONE CHOICE BLEND+ 2045 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010529313915735703, "alpha_t_5y": -1.3150745815657783, "alpha_t_full": -1.3150745815657783, "r2_5y": 0.9789522132820389, "r2_full": 0.9789522132820389, "corr_portfolio": 0.12394695711192133, "corr_benchmark": 0.7125163282529572, "alpha_pos_frac": 0.5666666666666667, "fund_max_dd": -0.2504476004782987, "first": "2021-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aadnx": {"sym": "aadnx", "name": "ONE CHOICE BLEND+ 2050 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00847309501116008, "alpha_t_5y": -0.9696138915698386, "alpha_t_full": -0.9696138915698386, "r2_5y": 0.9782105802821693, "r2_full": 0.9782105802821693, "corr_portfolio": 0.12970489995967874, "corr_benchmark": 0.7003248705163538, "alpha_pos_frac": 0.55, "fund_max_dd": -0.2548121875772631, "first": "2021-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aadtx": {"sym": "aadtx", "name": "American Funds 2025 Target Date Retirement Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00035246480660347973, "alpha_t_5y": -0.053499688331212436, "alpha_t_full": 0.9116061878020627, "r2_5y": 0.9633337360955745, "r2_full": 0.9502671575542385, "corr_portfolio": 0.3135647474767928, "corr_benchmark": 0.704383523966788, "alpha_pos_frac": 0.46153846153846156, "fund_max_dd": -0.48799787041828646, "first": "2007-02-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aadwx": {"sym": "aadwx", "name": "ONE CHOICE BLEND+ 2055 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007614252163451114, "alpha_t_5y": -0.8248743704496688, "alpha_t_full": -0.8248743704496688, "r2_5y": 0.9780716869391914, "r2_full": 0.9780716869391914, "corr_portfolio": 0.13366366350689182, "corr_benchmark": 0.689385854792006, "alpha_pos_frac": 0.5333333333333333, "fund_max_dd": -0.2578901512058126, "first": "2021-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aaegx": {"sym": "aaegx", "name": "ONE CHOICE BLEND+ 2060 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0075669007491548914, "alpha_t_5y": -0.7456030714241346, "alpha_t_full": -0.7456030714241346, "r2_5y": 0.9744311723260899, "r2_full": 0.9744311723260899, "corr_portfolio": 0.1337595029412155, "corr_benchmark": 0.6831442399404491, "alpha_pos_frac": 0.5666666666666667, "fund_max_dd": -0.2595055648466871, "first": "2021-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aaekx": {"sym": "aaekx", "name": "ONE CHOICE BLEND+ 2065 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008770292693888225, "alpha_t_5y": -0.943140546345446, "alpha_t_full": -0.943140546345446, "r2_5y": 0.9784114996141643, "r2_full": 0.9784114996141643, "corr_portfolio": 0.1356271723120391, "corr_benchmark": 0.6832821736296689, "alpha_pos_frac": 0.55, "fund_max_dd": -0.2614266028125073, "first": "2021-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aaetx": {"sym": "aaetx", "name": "American Funds 2030 Target Date Retirement Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003318048708621448, "alpha_t_5y": -0.4772297239416557, "alpha_t_full": 1.0033026457932044, "r2_5y": 0.9710898815062708, "r2_full": 0.9671976123127398, "corr_portfolio": 0.30995028539929786, "corr_benchmark": 0.674659023210108, "alpha_pos_frac": 0.5128205128205128, "fund_max_dd": -0.49495093483650876, "first": "2007-02-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aaewx": {"sym": "aaewx", "name": "ONE CHOICE BLEND+ 2030 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006203910578284838, "alpha_t_5y": -0.9214368203322618, "alpha_t_full": -0.9214368203322618, "r2_5y": 0.9713286431260029, "r2_full": 0.9713286431260029, "corr_portfolio": 0.1109345265235303, "corr_benchmark": 0.7946082434693186, "alpha_pos_frac": 0.55, "fund_max_dd": -0.21377539025005832, "first": "2021-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aaftx": {"sym": "aaftx", "name": "American Funds 2035 Target Date Retirement Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004796265089540965, "alpha_t_5y": -0.5921875191460281, "alpha_t_full": 0.3245448419074154, "r2_5y": 0.9718267836626265, "r2_full": 0.9772983593545951, "corr_portfolio": 0.3032288166941522, "corr_benchmark": 0.6520593912315188, "alpha_pos_frac": 0.5794871794871795, "fund_max_dd": -0.49892190096009825, "first": "2007-02-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aagox": {"sym": "aagox", "name": "Alger Large Cap Growth Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.029375494183079904, "alpha_t_5y": -0.7643928454212308, "alpha_t_full": 3.3039140680506676, "r2_5y": 0.8801288046504974, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.10578207624738772, "corr_benchmark": 0.5790333682802208, "alpha_pos_frac": 0.44621513944223107, "fund_max_dd": -0.6986403509814187, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aagtx": {"sym": "aagtx", "name": "American Funds 2040 Target Date Retirement Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008990660814261841, "alpha_t_5y": -1.0332493712865518, "alpha_t_full": 0.11947218335375726, "r2_5y": 0.975867528117462, "r2_full": 0.9800454806076481, "corr_portfolio": 0.2979217542762339, "corr_benchmark": 0.6425748945686917, "alpha_pos_frac": 0.547085201793722, "fund_max_dd": -0.5002589352276301, "first": "2007-02-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aahmx": {"sym": "aahmx", "name": "abrdn Short Duration High Yield Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.001953549259675465, "alpha_t_5y": 0.197380905002647, "alpha_t_full": 2.4403432052924803, "r2_5y": 0.3227067427584672, "r2_full": 0.32556890266745375, "corr_portfolio": 0.06916067345208148, "corr_benchmark": 0.2780667639095107, "alpha_pos_frac": 0.6013071895424836, "fund_max_dd": -0.11156567468087353, "first": "2013-06-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "aahtx": {"sym": "aahtx", "name": "American Funds 2045 Target Date Retirement Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005931990946255555, "alpha_t_5y": -0.6479810573161962, "alpha_t_full": 0.0463319648565247, "r2_5y": 0.9758462362942855, "r2_full": 0.9794024252886367, "corr_portfolio": 0.2953268099317391, "corr_benchmark": 0.6405207544588571, "alpha_pos_frac": 0.5202312138728323, "fund_max_dd": -0.5004311163549822, "first": "2007-02-05", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "aasox": {"sym": "aasox", "name": "Alger Small Cap Growth Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06551629887211985, "alpha_t_5y": -0.5685665688799252, "alpha_t_full": 2.117933082722176, "r2_5y": 0.46438770128208995, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.06677511155956084, "corr_benchmark": 0.41083999715831154, "alpha_pos_frac": 0.5145631067961165, "fund_max_dd": -0.8516388560205417, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "abaex": {"sym": "abaex", "name": "AB Emerging Markets Multi-Asset Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00522341883814045, "alpha_t_5y": 0.2154329543807285, "alpha_t_full": -0.8857078971785326, "r2_5y": 0.8290694499441946, "r2_full": 0.8216713776967232, "corr_portfolio": 0.3235424738503037, "corr_benchmark": 0.47470010348699265, "alpha_pos_frac": 0.5402298850574713, "fund_max_dd": -0.38781264452593645, "first": "2011-09-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "abalx": {"sym": "abalx", "name": "AMERICAN BALANCED FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010651292787887257, "alpha_t_5y": 1.120317924610738, "alpha_t_full": 5.225435963418801, "r2_5y": 0.953497972657029, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.30517974867434994, "corr_benchmark": 0.705526231240365, "alpha_pos_frac": 0.5426008968609866, "fund_max_dd": -0.4020442112292766, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "abpax": {"sym": "abpax", "name": "AB Sustainable Thematic Balanced Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.057372990976042315, "alpha_t_5y": -3.942955336762477, "alpha_t_full": -3.7695796501815417, "r2_5y": 0.9169372894334149, "r2_full": 0.8905575179458646, "corr_portfolio": 0.16026699501893954, "corr_benchmark": 0.7618160278972023, "alpha_pos_frac": 0.6235294117647059, "fund_max_dd": -0.2620518023956294, "first": "2019-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "abrzx": {"sym": "abrzx", "name": "INVESCO BALANCED-RISK ALLOCATION FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": 2.8097262092444764, "r2_5y": NaN, "r2_full": 0.6306769747238099, "corr_portfolio": 0.3599910687935681, "corr_benchmark": 0.541175233320551, "alpha_pos_frac": 0.48514851485148514, "fund_max_dd": -0.1271493335874656, "first": "2009-06-04", "verdict": "no 5y window", "alpha_name": true}, "abtfx": {"sym": "abtfx", "name": "AB High Income Municipal Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005034755664722441, "alpha_t_5y": -0.27645775394872674, "alpha_t_full": 1.0110886533890937, "r2_5y": 0.4263728938323684, "r2_full": 0.34546443081993294, "corr_portfolio": 0.05656653010246015, "corr_benchmark": 0.37194007311620897, "alpha_pos_frac": 0.6127167630057804, "fund_max_dd": -0.21751931498901367, "first": "2010-02-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "abuax": {"sym": "abuax", "name": "Columbia Capital Allocation Moderate Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0033734832113387204, "alpha_t_5y": -0.5166631763289293, "alpha_t_full": -1.4549110714480766, "r2_5y": 0.9743038512867793, "r2_full": 0.9552999566477905, "corr_portfolio": 0.2877915650194517, "corr_benchmark": 0.739145867750574, "alpha_pos_frac": 0.5838150289017341, "fund_max_dd": -0.3740347523789056, "first": "2004-03-02", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "acitx": {"sym": "acitx", "name": "INFLATION-ADJUSTED BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005638000677537244, "alpha_t_5y": 0.40734472142200806, "alpha_t_full": 3.987347951249301, "r2_5y": 0.7101858276316109, "r2_full": 0.0, "corr_portfolio": -0.05468024132525759, "corr_benchmark": 0.603652513664608, "alpha_pos_frac": 0.5258620689655172, "fund_max_dd": -0.15500656984370464, "first": "1997-02-11", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "acmvx": {"sym": "acmvx", "name": "MID CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01671884016287234, "alpha_t_5y": 0.8064875892352571, "alpha_t_full": 2.0772917577536907, "r2_5y": 0.8865242595036116, "r2_full": 0.910454219708326, "corr_portfolio": 0.4004733859466182, "corr_benchmark": 0.5078452686785858, "alpha_pos_frac": 0.5137254901960784, "fund_max_dd": -0.5118307722456756, "first": "2004-04-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "acpsx": {"sym": "acpsx", "name": "INVESCO CORE PLUS BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004439535843923598, "alpha_t_5y": -0.8408338519655899, "alpha_t_full": 0.013327299095019859, "r2_5y": 0.945833379544859, "r2_full": 0.1456519964793922, "corr_portfolio": -0.0031779568278420254, "corr_benchmark": 0.27342702130222124, "alpha_pos_frac": 0.4797687861271676, "fund_max_dd": -0.2327357432760785, "first": "2009-06-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "acskx": {"sym": "acskx", "name": "SHORT DURATION FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.016658391152489203, "alpha_t_5y": -2.689202577517013, "alpha_t_full": 1.2344936495498406, "r2_5y": 0.6539070344013109, "r2_full": 0.48331069615384803, "corr_portfolio": 0.006655594855112344, "corr_benchmark": 0.3983128446339338, "alpha_pos_frac": 0.5202312138728323, "fund_max_dd": -0.0682050682712586, "first": "2006-12-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "acstx": {"sym": "acstx", "name": "INVESCO COMSTOCK FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02854331006892751, "alpha_t_5y": 1.461223286763136, "alpha_t_full": 3.303261351857868, "r2_5y": 0.9104930667733625, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.41239224423839316, "corr_benchmark": 0.4601769765904197, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.5860641409265046, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "acthx": {"sym": "acthx", "name": "INVESCO HIGH YIELD MUNICIPAL FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00438084242590827, "alpha_t_5y": 0.2470526577032131, "alpha_t_full": 6.041507560292913, "r2_5y": 0.3977635248338983, "r2_full": -1.1102230246251565e-15, "corr_portfolio": 0.06132266704760994, "corr_benchmark": 0.34003917818731483, "alpha_pos_frac": 0.6127167630057804, "fund_max_dd": -0.2729153199741442, "first": "1996-06-21", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "adfix": {"sym": "adfix", "name": "DIVERSIFIED BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0009508230081009627, "alpha_t_5y": 0.17598017094866295, "alpha_t_full": 4.643216346770193, "r2_5y": 0.9526119362971084, "r2_full": 0.0, "corr_portfolio": -0.09528491798711869, "corr_benchmark": 0.6707588577656362, "alpha_pos_frac": 0.48554913294797686, "fund_max_dd": -0.18553822711186319, "first": "1996-08-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "adgax": {"sym": "adgax", "name": "AB CORE OPPORTUNITIES FUND, INC.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014345011145178962, "alpha_t_5y": -0.9734279606341592, "alpha_t_full": 1.1396540744853132, "r2_5y": 0.9554568684371771, "r2_full": 0.9002726746539202, "corr_portfolio": 0.2868417845433602, "corr_benchmark": 0.6114510239396592, "alpha_pos_frac": 0.5136186770428015, "fund_max_dd": -0.536509011014274, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "adjex": {"sym": "adjex", "name": "Azzad Ethical Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0859053322409035, "alpha_t_5y": -2.5860218330239606, "alpha_t_full": -1.3663659479970542, "r2_5y": 0.8795627182852822, "r2_full": 0.8368653408443654, "corr_portfolio": 0.14264849899505036, "corr_benchmark": 0.6160857553605216, "alpha_pos_frac": 0.556420233463035, "fund_max_dd": -0.5562516402991526, "first": "2000-12-26", "verdict": "sleeve mix (R\u00b2 high) - 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idiosyncratic alpha, complements portfolio", "alpha_name": false}, "afocx": {"sym": "afocx", "name": "Archer Focus Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0315900144147256, "alpha_t_5y": -1.5213715186735557, "alpha_t_full": -1.3405982638588199, "r2_5y": 0.893346438416864, "r2_full": 0.9216787297207445, "corr_portfolio": 0.3165979720060332, "corr_benchmark": 0.6437756356559866, "alpha_pos_frac": 0.5405405405405406, "fund_max_dd": -0.34034226949640145, "first": "2020-01-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "afrax": {"sym": "afrax", "name": "Invesco Floating Rate ESG Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": 6.444270222993764, "r2_5y": NaN, "r2_full": 1.887379141862766e-15, "corr_portfolio": 0.32121391527356946, "corr_benchmark": 0.07807349131610312, "alpha_pos_frac": NaN, "fund_max_dd": -0.3600838453406485, "first": "1997-05-02", "verdict": "no 5y window", "alpha_name": false}, "aftex": {"sym": "aftex", "name": "TAX EXEMPT BOND FUND OF AMERICA", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004864135660572667, "alpha_t_5y": 0.40957080308730176, "alpha_t_full": 8.177102052802661, "r2_5y": 0.39776950952681134, "r2_full": -1.1102230246251565e-15, "corr_portfolio": 0.03480702450937875, "corr_benchmark": 0.35110064109633027, "alpha_pos_frac": 0.5525291828793775, "fund_max_dd": -0.15018384141577013, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "agbvx": {"sym": "agbvx", "name": "GLOBAL BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0021146642855490875, "alpha_t_5y": -0.2729927092840646, "alpha_t_full": 0.5417892326363435, "r2_5y": 0.8133740330206407, "r2_full": 0.7476549663838845, "corr_portfolio": -0.023905696684440016, "corr_benchmark": 0.6731968287776616, "alpha_pos_frac": 0.5680473372781065, "fund_max_dd": -0.16310312086773016, "first": "2012-02-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "agdax": {"sym": "agdax", "name": "AB HIGH INCOME FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008889200787545197, "alpha_t_5y": 1.130491918258311, "alpha_t_full": 4.630675965403618, "r2_5y": 0.8497511169480723, "r2_full": -2.6645352591003757e-15, "corr_portfolio": 0.3160413307227273, "corr_benchmark": 0.4651322132920176, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.4533398445202791, "first": "1994-02-28", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "aglox": {"sym": "aglox", "name": "Ariel Global Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03837742844066798, "alpha_t_5y": 1.4323830809871365, "alpha_t_full": 0.9484098190277866, "r2_5y": 0.7581053218781659, "r2_full": 0.8244565683579509, "corr_portfolio": 0.36092956352207095, "corr_benchmark": 0.5621935151373775, "alpha_pos_frac": 0.4411764705882353, "fund_max_dd": -0.24719102195169984, "first": "2012-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "agovx": {"sym": "agovx", "name": "INVESCO Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01588604766148142, "alpha_t_5y": 1.7988258224850684, "alpha_t_full": 4.3134778111441205, "r2_5y": 0.6129622493895153, "r2_full": 2.220446049250313e-15, "corr_portfolio": 0.1044420954607835, "corr_benchmark": 0.37292871574544945, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.3341386805480785, "first": "1996-06-21", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "agrfx": {"sym": "agrfx", "name": "AB Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03613123618941394, "alpha_t_5y": -1.5819847280082704, "alpha_t_full": 3.2786038323802704, "r2_5y": 0.9314423202724965, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.15590929207971896, "corr_benchmark": 0.6238856101572792, "alpha_pos_frac": 0.4827586206896552, "fund_max_dd": -0.6768829800571199, "first": "1990-09-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "agthx": {"sym": "agthx", "name": "GROWTH FUND OF AMERICA", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02634363380464892, "alpha_t_5y": -1.6019253092726873, "alpha_t_full": 4.1232029231235385, "r2_5y": 0.9631071694759707, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.1864873494906047, "corr_benchmark": 0.6188439967674874, "alpha_pos_frac": 0.4900398406374502, "fund_max_dd": -0.5190712895782572, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aguax": {"sym": "aguax", "name": "American Beacon Developing World Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.06488026500741322, "alpha_t_5y": 3.7094764842587873, "alpha_t_full": 3.504602446643684, "r2_5y": 0.3012694299833961, "r2_full": 0.30430871692499506, "corr_portfolio": 0.24493035248834089, "corr_benchmark": 0.23472570799175585, "alpha_pos_frac": 0.5694444444444444, "fund_max_dd": -0.21233608073569488, "first": "2014-02-27", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "ahitx": {"sym": "ahitx", "name": "AMERICAN HIGH INCOME TRUST", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011554056632886615, "alpha_t_5y": 1.5389352573338086, "alpha_t_full": 8.45746442703225, "r2_5y": 0.8621086943344908, "r2_full": 1.9984014443252818e-15, "corr_portfolio": 0.32480057286639274, "corr_benchmark": 0.4451750735387104, "alpha_pos_frac": 0.5319148936170213, "fund_max_dd": -0.3480509234593463, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aibax": {"sym": "aibax", "name": "INTERMEDIATE BOND FUND OF AMERICA", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005709427286588185, "alpha_t_5y": 1.0149050872108714, "alpha_t_full": 7.3973807344706435, "r2_5y": 0.8903335082681646, "r2_full": 7.771561172376096e-16, "corr_portfolio": -0.10927922415149495, "corr_benchmark": 0.5484829161771173, "alpha_pos_frac": 0.4161849710982659, "fund_max_dd": -0.10992868801190814, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aidax": {"sym": "aidax", "name": "Diversified Municipal Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00871598369658325, "alpha_t_5y": 1.0996473325400635, "alpha_t_full": 3.7911638957060103, "r2_5y": 0.34022291134968086, "r2_full": 0.10870303491577593, "corr_portfolio": 0.04471183762781839, "corr_benchmark": 0.3511412761149629, "alpha_pos_frac": 0.5330739299610895, "fund_max_dd": -0.09579588967688868, "first": "2002-02-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "aiemx": {"sym": "aiemx", "name": "Alger Emerging Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.043716368720423726, "alpha_t_5y": -1.2822689454682537, "alpha_t_full": -1.9427091515889066, "r2_5y": 0.8455804021727023, "r2_full": 0.8439661404599548, "corr_portfolio": 0.23388171601651556, "corr_benchmark": 0.48748750268701074, "alpha_pos_frac": 0.5384615384615384, "fund_max_dd": -0.4730912256898351, "first": "2010-12-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "aifrx": {"sym": "aifrx", "name": "abrdn Global Infrastructure Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.028907893398899456, "alpha_t_5y": 1.09192537823827, "alpha_t_full": -0.8288266267344909, "r2_5y": 0.7873085452233604, "r2_full": 0.7348980749821139, "corr_portfolio": 0.3673030447747285, "corr_benchmark": 0.5581227754887713, "alpha_pos_frac": 0.507177033492823, "fund_max_dd": -0.383822273715409, "first": "2008-10-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "aigox": {"sym": "aigox", "name": "Alger Growth & Income Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.019156717538401962, "alpha_t_5y": 1.4800767400844559, "alpha_t_full": 2.444705072033405, "r2_5y": 0.9636778580881931, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.3000463484489237, "corr_benchmark": 0.609759059336962, "alpha_pos_frac": 0.5102040816326531, "fund_max_dd": -0.7036312377289748, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aigyx": {"sym": "aigyx", "name": "abrdn Real Estate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020189554573446657, "alpha_t_5y": 1.3133445724781931, "alpha_t_full": -0.5967621904413796, "r2_5y": 0.9601108320115981, "r2_full": 0.9642955947794294, "corr_portfolio": 0.2473995553544873, "corr_benchmark": 0.5567067902219384, "alpha_pos_frac": 0.5526315789473685, "fund_max_dd": -0.7993797087954877, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aiiex": {"sym": "aiiex", "name": "Invesco EQV International Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04916997258581887, "alpha_t_5y": -2.7325603050783553, "alpha_t_full": 2.8526530635277383, "r2_5y": 0.9329827129115088, "r2_full": 0.0, "corr_portfolio": 0.3015194079932693, "corr_benchmark": 0.5360892112611226, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.5857963657267242, "first": "1992-04-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aioax": {"sym": "aioax", "name": "Columbia Income Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00215572773162115, "alpha_t_5y": -0.3269125361488289, "alpha_t_full": 1.185988152606619, "r2_5y": 0.8884457142260247, "r2_full": 0.7701771357636796, "corr_portfolio": 0.3032787747663254, "corr_benchmark": 0.44548728290053025, "alpha_pos_frac": 0.5330882352941176, "fund_max_dd": -0.25860806659693814, "first": "2003-06-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aivsx": {"sym": "aivsx", "name": "INVESTMENT CO OF AMERICA", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.012669527890725032, "alpha_t_5y": 1.0360752485609144, "alpha_t_full": 4.35131057968849, "r2_5y": 0.9666202573709333, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.2939735093619342, "corr_benchmark": 0.6125286412031027, "alpha_pos_frac": 0.4798206278026906, "fund_max_dd": -0.5090310830821583, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aiwex": {"sym": "aiwex", "name": "World Energy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.034078994115754824, "alpha_t_5y": 0.5402195535518125, "alpha_t_full": 0.685981860044417, "r2_5y": 0.6672378920715145, "r2_full": 0.7206829882143426, "corr_portfolio": 0.387117054054713, "corr_benchmark": 0.3187375529616971, "alpha_pos_frac": 0.5724137931034483, "fund_max_dd": -0.6111926259500121, "first": "2014-02-06", "verdict": "weak/unstable alpha", "alpha_name": false}, "alaax": {"sym": "alaax", "name": "INVESCO Income Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.001960407044067412, "alpha_t_5y": -0.290629225694115, "alpha_t_full": -1.1963009256443762, "r2_5y": 0.9411660388935564, "r2_full": 0.8825849342885583, "corr_portfolio": 0.3579231397245978, "corr_benchmark": 0.7589149547824097, "alpha_pos_frac": 0.6143497757847534, "fund_max_dd": -0.2827701958386811, "first": "2005-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "alarx": {"sym": "alarx", "name": "Alger Capital Appreciation Institutional Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.001362668306236357, "alpha_t_5y": -0.025993163607729595, "alpha_t_full": 3.187962882532788, "r2_5y": 0.7928930232548126, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.12711835339626396, "corr_benchmark": 0.5645438331110731, "alpha_pos_frac": 0.4, "fund_max_dd": -0.6927125233833786, "first": "1993-11-09", "verdict": "weak/unstable alpha", "alpha_name": false}, "alcax": {"sym": "alcax", "name": "AB California Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0073146405478970765, "alpha_t_5y": 0.6170302471119591, "alpha_t_full": 6.895566551442279, "r2_5y": 0.4173831763280772, "r2_full": 2.4424906541753444e-15, "corr_portfolio": 0.058405807885503286, "corr_benchmark": 0.35804533274414607, "alpha_pos_frac": 0.5260115606936416, "fund_max_dd": -0.14632782476586526, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "aldax": {"sym": "aldax", "name": "Columbia Select Short Corporate Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009005710465514986, "alpha_t_5y": 1.931757468196734, "alpha_t_full": 1.6248887842020543, "r2_5y": 0.8511317162646064, "r2_full": 0.6010669990523289, "corr_portfolio": 0.033685404136673806, "corr_benchmark": 0.5022436804775166, "alpha_pos_frac": 0.5144508670520231, "fund_max_dd": -0.10248125327939017, "first": "2003-06-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "alfyx": {"sym": "alfyx", "name": "Lord Abbett Alpha Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0332433808241622, "alpha_t_5y": -1.8495880657986785, "alpha_t_full": -0.49330158080022, "r2_5y": 0.955718117965886, "r2_full": 0.9417442923217795, "corr_portfolio": 0.28519837927188874, "corr_benchmark": 0.571289629066053, "alpha_pos_frac": 0.547085201793722, "fund_max_dd": -0.625680391073419, "first": "2004-10-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "algrx": {"sym": "algrx", "name": "Alger Focus Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.022848461021399324, "alpha_t_5y": 0.5179605879424757, "alpha_t_full": 3.1935196892281836, "r2_5y": 0.8389332846321558, "r2_full": 0.0, "corr_portfolio": 0.13211359935486136, "corr_benchmark": 0.5719119860985011, "alpha_pos_frac": 0.4591439688715953, "fund_max_dd": -0.6263671069889457, "first": "1993-11-09", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "almrx": {"sym": "almrx", "name": "Alger Mid Cap Growth Institutional Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0343017143108882, "alpha_t_5y": -0.20458901081443276, "alpha_t_full": 2.8068504208415797, "r2_5y": 0.2790862171640095, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.07288999695315412, "corr_benchmark": 0.38607617464437155, "alpha_pos_frac": 0.49838187702265374, "fund_max_dd": -0.6873716203535087, "first": "1993-11-09", "verdict": "weak/unstable alpha", "alpha_name": false}, "alnyx": {"sym": "alnyx", "name": "AB New York Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004163824834268819, "alpha_t_5y": 0.35139302720545784, "alpha_t_full": 5.767437423223939, "r2_5y": 0.40195836684891795, "r2_full": -3.552713678800501e-15, "corr_portfolio": 0.04394515093498472, "corr_benchmark": 0.357918050694964, "alpha_pos_frac": 0.5836575875486382, "fund_max_dd": -0.14403942274500092, "first": "1996-06-21", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "alsmx": {"sym": "alsmx", "name": "Archer Multi Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0010780208340685506, "alpha_t_5y": -0.04531453033815411, "alpha_t_full": -0.466812469350877, "r2_5y": 0.9143503329001722, "r2_full": 0.9352804263960827, "corr_portfolio": 0.21085104541635438, "corr_benchmark": 0.6473281995377489, "alpha_pos_frac": 0.47297297297297297, "fund_max_dd": -0.3495701848720373, "first": "2020-01-02", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "anefx": {"sym": "anefx", "name": "NEW ECONOMY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013592117105206027, "alpha_t_5y": -0.6082130800652039, "alpha_t_full": 3.8800905307133147, "r2_5y": 0.9286524654018458, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.18842591426708236, "corr_benchmark": 0.6027686213789748, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.6128070458059267, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "angl": {"sym": "angl", "name": "VanEck Fallen Angel High Yield Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012859361066546534, "alpha_t_5y": -0.8719850529405583, "alpha_t_full": 0.02000174534150203, "r2_5y": 0.7769748654753051, "r2_full": 0.5163258343795862, "corr_portfolio": 0.20483498703200104, "corr_benchmark": 0.5901245823785086, "alpha_pos_frac": 0.41566265060240964, "fund_max_dd": -0.2930889356389057, "first": "2012-04-12", "verdict": "weak/unstable alpha", "alpha_name": false}, "anglx": {"sym": "anglx", "name": "Angel Oak Multi-Strategy Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.021008477016528315, "alpha_t_5y": 2.353689236783684, "alpha_t_full": 4.129127356547928, "r2_5y": 0.39823466097748983, "r2_full": 0.18802549308465233, "corr_portfolio": 0.07045150084116057, "corr_benchmark": 0.1662201645767697, "alpha_pos_frac": 0.5795454545454546, "fund_max_dd": -0.1639786247053283, "first": "2011-07-08", "verdict": "CANDIDATE - 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not alpha-driven", "alpha_name": false}, "aryix": {"sym": "aryix", "name": "ONE CHOICE 2035 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013195316571796671, "alpha_t_5y": -2.1548500686075283, "alpha_t_full": -0.3033453469188286, "r2_5y": 0.9760297764458813, "r2_full": 0.9408469812271026, "corr_portfolio": 0.3178996694847194, "corr_benchmark": 0.6874201050854275, "alpha_pos_frac": 0.4666666666666667, "fund_max_dd": -0.4509471437694327, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "asbax": {"sym": "asbax", "name": "Short-Term Bond Fund of America", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.021036613660479857, "alpha_t_5y": -3.1946124792424224, "alpha_t_full": 2.4556561316723484, "r2_5y": 0.6567719065800368, "r2_full": 0.5359051040209739, "corr_portfolio": -0.10194378494399323, "corr_benchmark": 0.3440884309939334, "alpha_pos_frac": 0.5144508670520231, "fund_max_dd": -0.059665974440396785, "first": "2006-10-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "ascgx": {"sym": "ascgx", "name": "Lisanti Small Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06458116438853331, "alpha_t_5y": -1.6232528694370119, "alpha_t_full": -0.9422090826162849, "r2_5y": 0.8754562839690747, "r2_full": 0.877513415103074, "corr_portfolio": 0.1590243482586561, "corr_benchmark": 0.5354118609760644, "alpha_pos_frac": 0.5447470817120622, "fund_max_dd": -0.5931191591382847, "first": "2004-03-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "asdvx": {"sym": "asdvx", "name": "SHORT DURATION STRATEGIC INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020189992553325986, "alpha_t_5y": 3.48714189139368, "alpha_t_full": 3.5603995589292756, "r2_5y": 0.6410413569526502, "r2_full": 0.5621634902074528, "corr_portfolio": 0.11317382167081359, "corr_benchmark": 0.34701149906341794, "alpha_pos_frac": 0.5611510791366906, "fund_max_dd": -0.07859337841442937, "first": "2014-07-30", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "asfcx": {"sym": "asfcx", "name": "Virtus AlphaSimplex Managed Futures Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.050524321896119224, "alpha_t_5y": -1.0719592828469746, "alpha_t_full": 0.6737711569229176, "r2_5y": 0.32403220569525515, "r2_full": 0.1460167321719531, "corr_portfolio": 0.2109754219397301, "corr_benchmark": 0.007680002259431506, "alpha_pos_frac": 0.5294117647058824, "fund_max_dd": -0.38006080801338593, "first": "2010-08-02", "verdict": "weak/unstable alpha", "alpha_name": true}, "asiax": {"sym": "asiax", "name": "Invesco Asia Pacific Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008134668950225434, "alpha_t_5y": -0.2548568123228088, "alpha_t_full": 3.0197930412691245, "r2_5y": 0.7657400765285711, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.25857046103270287, "corr_benchmark": 0.4266787160115415, "alpha_pos_frac": 0.5258620689655172, "fund_max_dd": -0.6377951933582297, "first": "1997-11-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "asihx": {"sym": "asihx", "name": "MULTISECTOR INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0017280264840227552, "alpha_t_5y": -0.24040995086239672, "alpha_t_full": -0.6909007612325723, "r2_5y": 0.8286034377569499, "r2_full": 0.8030496724266822, "corr_portfolio": 0.15481990395473977, "corr_benchmark": 0.5947970335099624, "alpha_pos_frac": 0.49640287769784175, "fund_max_dd": -0.14394450853912422, "first": "2014-07-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "asmmx": {"sym": "asmmx", "name": "INVESCO SUMMIT FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07221779473425402, "alpha_t_5y": -2.7620455426028334, "alpha_t_full": -2.7985997098081854, "r2_5y": 0.9347630677018498, "r2_full": 0.9082401983254714, "corr_portfolio": 0.15544116019908738, "corr_benchmark": 0.5993451612459074, "alpha_pos_frac": 0.574468085106383, "fund_max_dd": -0.4920716315814331, "first": "2005-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "asqix": {"sym": "asqix", "name": "SMALL COMPANY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003569504332893202, "alpha_t_5y": 0.1920809589627283, "alpha_t_full": 0.3761456737235568, "r2_5y": 0.9586732584222771, "r2_full": 0.9444364897988156, "corr_portfolio": 0.29289480334142154, "corr_benchmark": 0.5332395187707428, "alpha_pos_frac": 0.48627450980392156, "fund_max_dd": -0.6358085669164426, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "asrax": {"sym": "asrax", "name": "Invesco Global Real Estate Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.016202821011959412, "alpha_t_5y": -1.1038671132184634, "alpha_t_full": -0.8433436584409972, "r2_5y": 0.9239320394908429, "r2_full": 0.47944970121589625, "corr_portfolio": 0.278166413578444, "corr_benchmark": 0.611031001588412, "alpha_pos_frac": 0.7488789237668162, "fund_max_dd": -0.7856097614159634, "first": "2002-05-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "astex": {"sym": "astex", "name": "AMERICAN FUNDS SHORT-TERM TAX-EXEMPT BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01114293010585929, "alpha_t_5y": 1.9377373640958462, "alpha_t_full": 2.5146313028197027, "r2_5y": 0.33463860218701136, "r2_full": 0.26485323254355353, "corr_portfolio": 0.037701686976375604, "corr_benchmark": 0.2957943804963343, "alpha_pos_frac": 0.46733668341708545, "fund_max_dd": -0.054430118904711056, "first": "2009-08-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "asvix": {"sym": "asvix", "name": "SMALL CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01695737528004654, "alpha_t_5y": 0.5408782132612334, "alpha_t_full": 2.3558381869121208, "r2_5y": 0.8847886017226848, "r2_full": 0.8906004079858845, "corr_portfolio": 0.3409741560710824, "corr_benchmark": 0.47727544702948443, "alpha_pos_frac": 0.43529411764705883, "fund_max_dd": -0.5488621333327476, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "asylx": {"sym": "asylx", "name": "AB Select US Long/Short Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014911861426368508, "alpha_t_5y": 1.3672424657343596, "alpha_t_full": 1.1983126642578243, "r2_5y": 0.8955082293703375, "r2_full": 0.9215201422875486, "corr_portfolio": 0.3100471337195512, "corr_benchmark": 0.5552627812457924, "alpha_pos_frac": 0.5, "fund_max_dd": -0.1834452465867611, "first": "2012-12-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "atfax": {"sym": "atfax", "name": "Invesco Limited Term Municipal Income", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011441706711096154, "alpha_t_5y": 1.8294952371974633, "alpha_t_full": 3.3313712837921865, "r2_5y": 0.3673558275301111, "r2_full": 0.2917535640357868, "corr_portfolio": 0.05986052684904451, "corr_benchmark": 0.30226698987395606, "alpha_pos_frac": 0.5214007782101168, "fund_max_dd": -0.0717992440384162, "first": "2002-11-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "atoax": {"sym": "atoax", "name": "abrdn Ultra Short Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01881909610034018, "alpha_t_5y": 6.326736305398161, "alpha_t_full": 11.905208749114312, "r2_5y": 0.19504932269972375, "r2_full": 0.03325563529007569, "corr_portfolio": 0.055915486085780564, "corr_benchmark": 0.03244446557297513, "alpha_pos_frac": 0.3641025641025641, "fund_max_dd": -0.011239417601101809, "first": "2004-03-31", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "attyx": {"sym": "attyx", "name": "AB Tax-Aware Fixed Income Opportunities Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014627467935433952, "alpha_t_5y": 1.1499103022459904, "alpha_t_full": 1.8729982156848297, "r2_5y": 0.41238934789551174, "r2_full": 0.4285701549119232, "corr_portfolio": 0.11754577576422559, "corr_benchmark": 0.35213641945101126, "alpha_pos_frac": 0.5068493150684932, "fund_max_dd": -0.18602623539539576, "first": "2013-12-16", "verdict": "weak/unstable alpha", "alpha_name": false}, "atwax": {"sym": "atwax", "name": "AB Tax-Managed Wealth Appreciation Strategy", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012461559450596906, "alpha_t_5y": -1.2287173075228492, "alpha_t_full": -3.4049634777449906, "r2_5y": 0.9773148916580655, "r2_full": 0.9758779010342573, "corr_portfolio": 0.3293266908696463, "corr_benchmark": 0.6096465240975878, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.5931780509125283, "first": "2003-09-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "augax": {"sym": "augax", "name": "Columbia Quality Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010368820695668355, "alpha_t_5y": -1.1203725242670417, "alpha_t_full": -0.05243127263176494, "r2_5y": 0.9129888719007853, "r2_full": 0.5249923748377496, "corr_portfolio": -0.09675380342003924, "corr_benchmark": 0.571952442273569, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.2511190103751987, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "auiax": {"sym": "auiax", "name": "AB EQUITY INCOME FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018924610909761122, "alpha_t_5y": 1.253769831337443, "alpha_t_full": 3.8950515761101268, "r2_5y": 0.9435318657171591, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.35236252731601975, "corr_benchmark": 0.586318993977131, "alpha_pos_frac": 0.4663677130044843, "fund_max_dd": -0.4696839921726118, "first": "1993-10-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aunax": {"sym": "aunax", "name": "AB Municipal Bond Inflation Strategy", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009307800159657393, "alpha_t_5y": 0.7368087556445448, "alpha_t_full": 1.184302111540641, "r2_5y": 0.19242971875235004, "r2_full": 0.21030522570187937, "corr_portfolio": 0.1758125403949235, "corr_benchmark": 0.22724736677790008, "alpha_pos_frac": 0.5181347150259067, "fund_max_dd": -0.14218878942222746, "first": "2010-02-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "auuyx": {"sym": "auuyx", "name": "AB Select US Equity Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011447346406282727, "alpha_t_5y": 0.6033232155277348, "alpha_t_full": 0.8744181594426248, "r2_5y": 0.9167039198007073, "r2_full": 0.771659509591187, "corr_portfolio": 0.29845235513004115, "corr_benchmark": 0.5385151937189094, "alpha_pos_frac": 0.5058823529411764, "fund_max_dd": -0.3254505300848638, "first": "2011-12-12", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "avaax": {"sym": "avaax", "name": "AB Virginia Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0029988609107280345, "alpha_t_5y": 0.2476461713979967, "alpha_t_full": 6.584487796667654, "r2_5y": 0.41859150433601167, "r2_full": -2.886579864025407e-15, "corr_portfolio": 0.03299234887675384, "corr_benchmark": 0.3577632276935698, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.1390505909834746, "first": "1994-05-02", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "avalx": {"sym": "avalx", "name": "Aegis Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0646983849276763, "alpha_t_5y": 1.2367544136698854, "alpha_t_full": 2.761040409694405, "r2_5y": 0.6936053414852277, "r2_full": 0.5524756959749011, "corr_portfolio": 0.2789848556191489, "corr_benchmark": 0.36651474910166765, "alpha_pos_frac": 0.452914798206278, "fund_max_dd": -0.7371949445329175, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "aveax": {"sym": "aveax", "name": "Ave Maria Growth Focused Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0519497109384789, "alpha_t_5y": -1.1015903973556103, "alpha_t_full": -1.3542046670789627, "r2_5y": 0.7530807110384086, "r2_full": 0.7287160604643635, "corr_portfolio": 0.13312533902393495, "corr_benchmark": 0.5753243498959304, "alpha_pos_frac": 0.5142857142857142, "fund_max_dd": -0.44088830829523196, "first": "2020-05-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "avedx": {"sym": "avedx", "name": "Ave Maria Rising Dividend Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.028927426812141235, "alpha_t_5y": -1.1776141460109129, "alpha_t_full": 0.48129526098265757, "r2_5y": 0.8567609011530444, "r2_full": 0.9086292703739607, "corr_portfolio": 0.34685219473983747, "corr_benchmark": 0.5464295609057599, "alpha_pos_frac": 0.6042553191489362, "fund_max_dd": -0.49031627293513014, "first": "2005-05-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "avefx": {"sym": "avefx", "name": "Ave Maria Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016278589702056135, "alpha_t_5y": 1.909616565691396, "alpha_t_full": 2.6430885831300546, "r2_5y": 0.7605668028554265, "r2_full": 0.7434213478859115, "corr_portfolio": 0.2994274311223647, "corr_benchmark": 0.6889314419196622, "alpha_pos_frac": 0.49230769230769234, "fund_max_dd": -0.10242722740084176, "first": "2003-05-07", "verdict": "weak/unstable alpha", "alpha_name": false}, "avegx": {"sym": "avegx", "name": "Ave Maria Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.025082599437100058, "alpha_t_5y": -0.9229431150817636, "alpha_t_full": 0.20972944583349837, "r2_5y": 0.8768899321469337, "r2_full": 0.9083364000711496, "corr_portfolio": 0.252497779481658, "corr_benchmark": 0.6186337838469783, "alpha_pos_frac": 0.5739910313901345, "fund_max_dd": -0.49038482247753956, "first": "2003-05-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "avemx": {"sym": "avemx", "name": "Ave Maria Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01206824656774958, "alpha_t_5y": 0.29691313430305594, "alpha_t_full": 0.4140647765859962, "r2_5y": 0.7263075965258399, "r2_full": 0.8504472153623235, "corr_portfolio": 0.3595137175867439, "corr_benchmark": 0.4816307755654023, "alpha_pos_frac": 0.5063829787234042, "fund_max_dd": -0.6012215366159717, "first": "2001-05-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "averx": {"sym": "averx", "name": "Ave Maria Value Focused Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.056604592591457635, "alpha_t_5y": 0.9519606566885082, "alpha_t_full": 3.336601879367139, "r2_5y": 0.5914537249503735, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.3276225907177993, "corr_benchmark": 0.42620466438793286, "alpha_pos_frac": 0.4595744680851064, "fund_max_dd": -0.5877152567857522, "first": "1990-01-03", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "avewx": {"sym": "avewx", "name": "Ave Maria World Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02750352526257505, "alpha_t_5y": -1.2187830794885848, "alpha_t_full": -2.789439088575109, "r2_5y": 0.9019066176817011, "r2_full": 0.9259171532808828, "corr_portfolio": 0.34308242411368894, "corr_benchmark": 0.5937776665244057, "alpha_pos_frac": 0.5, "fund_max_dd": -0.40257358718224034, "first": "2010-05-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "awaax": {"sym": "awaax", "name": "AB Wealth Appreciation Strategy", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009944233736302826, "alpha_t_5y": -0.9814429580821334, "alpha_t_full": -2.7733901411423085, "r2_5y": 0.9774715803832776, "r2_full": 0.9705031083856047, "corr_portfolio": 0.32516917759619807, "corr_benchmark": 0.6089355263149222, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.6051321278227619, "first": "2003-09-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "awgix": {"sym": "awgix", "name": "CIBC ATLAS ALL CAP GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04441818637787485, "alpha_t_5y": -1.4781614047006648, "alpha_t_full": -1.688066039093322, "r2_5y": 0.8792409917715208, "r2_full": 0.879826537262298, "corr_portfolio": 0.19909059202363766, "corr_benchmark": 0.6031917354415813, "alpha_pos_frac": 0.5203619909502263, "fund_max_dd": -0.5281774895085942, "first": "2007-10-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "awpax": {"sym": "awpax", "name": "AB SUSTAINABLE INTERNATIONAL THEMATIC FUND, INC.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09635264535432933, "alpha_t_5y": -4.433103401264237, "alpha_t_full": 2.3426922610326852, "r2_5y": 0.9134788902964965, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.27969258458992424, "corr_benchmark": 0.5805211173100417, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.6300184034238479, "first": "1995-12-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "awsax": {"sym": "awsax", "name": "INVESCO Global Core Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.025075466062810827, "alpha_t_5y": -1.3632914754456238, "alpha_t_full": -0.1690178179725286, "r2_5y": 0.9215738801273399, "r2_full": 0.8864952140540019, "corr_portfolio": 0.30179109639654944, "corr_benchmark": 0.5783848830452537, "alpha_pos_frac": 0.49327354260089684, "fund_max_dd": -0.569935927484411, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "awshx": {"sym": "awshx", "name": "WASHINGTON MUTUAL INVESTORS FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011998326391298868, "alpha_t_5y": 0.889412026113081, "alpha_t_full": 4.220170059555265, "r2_5y": 0.9474527245479373, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.3470041192963953, "corr_benchmark": 0.5756819139374112, "alpha_pos_frac": 0.5191489361702127, "fund_max_dd": -0.5395102071911104, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "axbax": {"sym": "axbax", "name": "Columbia Capital Allocation Aggressive Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009903020743567864, "alpha_t_5y": -1.3023491617228282, "alpha_t_full": -2.0065751569661767, "r2_5y": 0.9830821325740421, "r2_full": 0.9658168848894417, "corr_portfolio": 0.3052500649008229, "corr_benchmark": 0.6450782269989903, "alpha_pos_frac": 0.517948717948718, "fund_max_dd": -0.5310840265655017, "first": "2004-03-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "azbax": {"sym": "azbax", "name": "Virtus Small-Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004673599919028924, "alpha_t_5y": 0.22674270773168687, "alpha_t_full": 0.04996541522635911, "r2_5y": 0.9369593345287851, "r2_full": 0.9434697464703002, "corr_portfolio": 0.2897213963708376, "corr_benchmark": 0.5522290690396443, "alpha_pos_frac": 0.5, "fund_max_dd": -0.40806740892868987, "first": "2013-07-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "aznax": {"sym": "aznax", "name": "Virtus Income & Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.022754327215153202, "alpha_t_5y": -1.714581966014987, "alpha_t_full": -2.0648534451809653, "r2_5y": 0.9178009651980459, "r2_full": 0.9376527036672136, "corr_portfolio": 0.23295714683976038, "corr_benchmark": 0.6317288741190431, "alpha_pos_frac": 0.5087719298245614, "fund_max_dd": -0.4366871025830581, "first": "2007-03-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bacix": {"sym": "bacix", "name": "BLACKROCK ENERGY OPPORTUNITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04146966902938591, "alpha_t_5y": 0.716535161534573, "alpha_t_full": 0.09313743729990574, "r2_5y": 0.6693998815504536, "r2_full": 0.6110559246921092, "corr_portfolio": 0.3953517693774375, "corr_benchmark": 0.2787691184623408, "alpha_pos_frac": 0.4553191489361702, "fund_max_dd": -0.7781228333578925, "first": "2005-02-25", "verdict": "weak/unstable alpha", "alpha_name": false}, "bagix": {"sym": "bagix", "name": "Baird Aggregate Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": 5.32502780144016, "r2_5y": NaN, "r2_full": 0.07665055443966384, "corr_portfolio": -0.10349443677124642, "corr_benchmark": 0.5784224612496194, "alpha_pos_frac": 0.4954954954954955, "fund_max_dd": -0.08408877557685224, "first": "2000-10-02", "verdict": "no 5y window", "alpha_name": false}, "batex": {"sym": "batex", "name": "BATS: High Income Municipal Series", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018811979583745326, "alpha_t_5y": 0.97603005295404, "alpha_t_full": 2.368999587159864, "r2_5y": 0.33713052135840715, "r2_full": 0.3356254841687937, "corr_portfolio": 0.06968535813486498, "corr_benchmark": 0.2893713441144254, "alpha_pos_frac": 0.5539568345323741, "fund_max_dd": -0.1901113715326992, "first": "2014-08-06", "verdict": "weak/unstable alpha", "alpha_name": false}, "batpx": {"sym": "batpx", "name": "BATS: Interest Rate Hedge Series", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.030960038872998648, "alpha_t_5y": 3.3780698647973217, "alpha_t_full": 3.743901507261084, "r2_5y": 0.9483732695774286, "r2_full": 0.8999371023775684, "corr_portfolio": 0.20521104552674088, "corr_benchmark": -0.5874279856057909, "alpha_pos_frac": 0.38064516129032255, "fund_max_dd": -0.2467352989596696, "first": "2013-03-22", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "bizd": {"sym": "bizd", "name": "VanEck BDC Income ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009316548799438258, "alpha_t_5y": 0.17477672174683068, "alpha_t_full": -0.38579665522765466, "r2_5y": 0.4751432901283884, "r2_full": 0.5092884726504063, "corr_portfolio": 0.2982373368361338, "corr_benchmark": 0.41367135989136106, "alpha_pos_frac": 0.5448717948717948, "fund_max_dd": -0.5543920531144313, "first": "2013-02-13", "verdict": "weak/unstable alpha", "alpha_name": false}, "blpax": {"sym": "blpax", "name": "American Funds Moderate Growth and Income Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0035657209832503966, "alpha_t_5y": 0.4717302093949635, "alpha_t_full": 0.707139270102533, "r2_5y": 0.9699276410546112, "r2_full": 0.9715446358216885, "corr_portfolio": 0.33121390379354715, "corr_benchmark": 0.6941341899459263, "alpha_pos_frac": 0.5272727272727272, "fund_max_dd": -0.23212053010197242, "first": "2012-05-21", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bmbix": {"sym": "bmbix", "name": "Baird Quality Intermediate Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00689167247428314, "alpha_t_5y": 0.8500482213948424, "alpha_t_full": 5.683982708771801, "r2_5y": 0.32900376147403976, "r2_full": 5.551115123125783e-16, "corr_portfolio": 0.023989768251854015, "corr_benchmark": 0.3400250760619546, "alpha_pos_frac": 0.4785992217898833, "fund_max_dd": -0.09307801152017259, "first": "2001-04-02", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "bmcix": {"sym": "bmcix", "name": "BLACKROCK HIGH EQUITY INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007454030347603179, "alpha_t_5y": 0.39690596630415587, "alpha_t_full": -0.029679147445283275, "r2_5y": 0.8872917557503439, "r2_full": 0.8476386213075048, "corr_portfolio": 0.41865444924064255, "corr_benchmark": 0.511897232580181, "alpha_pos_frac": 0.47085201793721976, "fund_max_dd": -0.72643421862846, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bmnix": {"sym": "bmnix", "name": "Baird Core Intermediate Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013166824125499256, "alpha_t_5y": 1.507885402619887, "alpha_t_full": 2.536006048651751, "r2_5y": 0.3443735707751959, "r2_full": 0.2975900286702028, "corr_portfolio": 0.032155090280701557, "corr_benchmark": 0.35436116280381325, "alpha_pos_frac": 0.5396825396825397, "fund_max_dd": -0.0994863956040738, "first": "2015-09-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "bmqix": {"sym": "bmqix", "name": "Baird Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.015421333934761888, "alpha_t_5y": 1.3218966349736605, "alpha_t_full": 1.671782551815733, "r2_5y": 0.3526645594568165, "r2_full": 0.3426751483667404, "corr_portfolio": 0.05860880915842941, "corr_benchmark": 0.361442779091899, "alpha_pos_frac": 0.52, "fund_max_dd": -0.1271771139040846, "first": "2019-11-18", "verdict": "weak/unstable alpha", "alpha_name": false}, "bmsfx": {"sym": "bmsfx", "name": "MFS Blended Research Mid Cap Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016519696528735917, "alpha_t_5y": 0.7994655815621613, "alpha_t_full": 0.11991882695073422, "r2_5y": 0.9276528779621005, "r2_full": 0.9414491895561231, "corr_portfolio": 0.32053787077144313, "corr_benchmark": 0.6154373971896723, "alpha_pos_frac": 0.5175438596491229, "fund_max_dd": -0.4101345826192715, "first": "2016-08-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bndw": {"sym": "bndw", "name": "Vanguard Total World Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0006847186327241348, "alpha_t_5y": 0.11674093613362044, "alpha_t_full": -0.10636819889925052, "r2_5y": 0.9246069120850632, "r2_full": 0.8926618024462147, "corr_portfolio": -0.1030686112694082, "corr_benchmark": 0.7643849147456302, "alpha_pos_frac": 0.5333333333333333, "fund_max_dd": -0.17211503533105232, "first": "2018-09-07", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bnglx": {"sym": "bnglx", "name": "UBS GLOBAL ALLOCATION FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015603647501308205, "alpha_t_5y": -1.1542498702367867, "alpha_t_full": 2.1692582451671707, "r2_5y": 0.9086380104954005, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.341106470754438, "corr_benchmark": 0.6558931754696289, "alpha_pos_frac": 0.45664739884393063, "fund_max_dd": -0.5323052815138649, "first": "1997-07-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bniex": {"sym": "bniex", "name": "UBS International Sustainable Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011963312313234295, "alpha_t_5y": -0.4743550653461687, "alpha_t_full": 0.48699428308609916, "r2_5y": 0.8420138400412615, "r2_full": 0.8391055398395169, "corr_portfolio": 0.3821962016536943, "corr_benchmark": 0.5171807136831313, "alpha_pos_frac": 0.46808510638297873, "fund_max_dd": -0.6118458860229548, "first": "2001-08-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "bogsx": {"sym": "bogsx", "name": "BLACK OAK EMERGING TECHNOLOGY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008179141710026554, "alpha_t_5y": -0.22788023451768583, "alpha_t_full": -2.787371315703834, "r2_5y": 0.8912615797702188, "r2_full": 0.8171913415003416, "corr_portfolio": 0.16068901313405165, "corr_benchmark": 0.5640265184913473, "alpha_pos_frac": 0.5298804780876494, "fund_max_dd": -0.928024507948035, "first": "2001-01-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bosox": {"sym": "bosox", "name": "Boston Trust Walden Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002535106419783383, "alpha_t_5y": 0.10211344947624645, "alpha_t_full": 1.0976828750981626, "r2_5y": 0.8902671933928501, "r2_full": 0.9239360461406251, "corr_portfolio": 0.312103700162483, "corr_benchmark": 0.5137701421041376, "alpha_pos_frac": 0.5172413793103449, "fund_max_dd": -0.5377685903562113, "first": "2005-12-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bracx": {"sym": "bracx", "name": "BATS: Corporate Credit Total Return Series", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0078239233545951, "alpha_t_5y": 1.3693211512192196, "alpha_t_full": -1.9364862811885537, "r2_5y": 0.9564027265567262, "r2_full": 0.828116515036167, "corr_portfolio": -0.012112931604058548, "corr_benchmark": 0.7216456968072184, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.21621591470000556, "first": "2004-10-07", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bramx": {"sym": "bramx", "name": "BATS: Mortgage Total Return Series", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.000855540658964881, "alpha_t_5y": 0.12691559876718883, "alpha_t_full": -1.3212215533515932, "r2_5y": 0.9315196563040714, "r2_full": 0.47661656030646393, "corr_portfolio": -0.07427194300288935, "corr_benchmark": 0.6509638892199003, "alpha_pos_frac": 0.8034682080924855, "fund_max_dd": -0.23933748147388134, "first": "2004-10-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "brasx": {"sym": "brasx", "name": "BATS: Short Duration Taxable Total Return Series", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007294894371968502, "alpha_t_5y": -1.031659063229256, "alpha_t_full": 2.656232289174451, "r2_5y": 0.6293745212725779, "r2_full": 0.4349373020559679, "corr_portfolio": 0.0727174556951187, "corr_benchmark": 0.35538754272243217, "alpha_pos_frac": 0.6205128205128205, "fund_max_dd": -0.10612261737662043, "first": "2004-11-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "brcax": {"sym": "brcax", "name": "Invesco Balanced-Risk Commodity Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006536159547814687, "alpha_t_5y": -0.22245161126787477, "alpha_t_full": -0.23327258770889683, "r2_5y": 0.8068478825576184, "r2_full": 0.755634292315337, "corr_portfolio": 0.2570221795261163, "corr_benchmark": 0.12970198276818715, "alpha_pos_frac": 0.4426229508196721, "fund_max_dd": -0.6098478086401757, "first": "2010-12-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "brkax": {"sym": "brkax", "name": "MFS Blended Research Emerging Markets Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03461989805264236, "alpha_t_5y": 0.953615012820109, "alpha_t_full": 0.9997373399362431, "r2_5y": 0.7348382429374226, "r2_full": 0.800499712322241, "corr_portfolio": 0.30827940684020216, "corr_benchmark": 0.43032548249333535, "alpha_pos_frac": 0.416, "fund_max_dd": -0.39572451666654274, "first": "2015-09-16", "verdict": "weak/unstable alpha", "alpha_name": false}, "brsdx": {"sym": "brsdx", "name": "MFS Blended Research Small Cap Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01293422089085705, "alpha_t_5y": -0.673233000614297, "alpha_t_full": -0.7435079495856431, "r2_5y": 0.9584074021176452, "r2_full": 0.9597698614012199, "corr_portfolio": 0.28325466994555876, "corr_benchmark": 0.5595327194168453, "alpha_pos_frac": 0.464, "fund_max_dd": -0.4524635018178047, "first": "2015-09-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "brudx": {"sym": "brudx", "name": "MFS Blended Research Value Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.026629717456098562, "alpha_t_5y": 1.7124305747116306, "alpha_t_full": 0.9256180175136872, "r2_5y": 0.9376094542125094, "r2_full": 0.951755554670608, "corr_portfolio": 0.3869012727262534, "corr_benchmark": 0.5492786962171395, "alpha_pos_frac": 0.472, "fund_max_dd": -0.38744584326744747, "first": "2015-09-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "brwax": {"sym": "brwax", "name": "MFS Blended Research Growth Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01822858608088932, "alpha_t_5y": -1.1518059107159384, "alpha_t_full": -2.029669818829421, "r2_5y": 0.9684907101436019, "r2_full": 0.966532742217006, "corr_portfolio": 0.1514470927055474, "corr_benchmark": 0.6398616993424874, "alpha_pos_frac": 0.496, "fund_max_dd": -0.3225611864103761, "first": "2015-09-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "brxax": {"sym": "brxax", "name": "MFS Blended Research International Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03645352763041482, "alpha_t_5y": 2.0415586597490436, "alpha_t_full": 0.9555044761671815, "r2_5y": 0.9191820476197231, "r2_full": 0.933993508323186, "corr_portfolio": 0.3908893793034419, "corr_benchmark": 0.5373069500026164, "alpha_pos_frac": 0.48, "fund_max_dd": -0.36586131080541406, "first": "2015-09-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bsbix": {"sym": "bsbix", "name": "Baird Short-Term Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": 3.7711532082316808, "r2_5y": NaN, "r2_full": 0.44553505304670393, "corr_portfolio": -0.0969138704071855, "corr_benchmark": 0.311842233651157, "alpha_pos_frac": 0.5085714285714286, "fund_max_dd": -0.04591485709791521, "first": "2004-09-03", "verdict": "no 5y window", "alpha_name": false}, "bsnix": {"sym": "bsnix", "name": "Baird Strategic Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.019655340763136762, "alpha_t_5y": 2.350948338078365, "alpha_t_full": 2.567616585839276, "r2_5y": 0.3764605202977016, "r2_full": 0.3476835521327567, "corr_portfolio": 0.06293023209942626, "corr_benchmark": 0.374716062994073, "alpha_pos_frac": 0.5066666666666667, "fund_max_dd": -0.09580545760994341, "first": "2019-11-18", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "btbfx": {"sym": "btbfx", "name": "Boston Trust Asset Management Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.025921232957640917, "alpha_t_5y": -1.9068286733378899, "alpha_t_full": 2.5570862814669333, "r2_5y": 0.9245454283628863, "r2_full": 0.8870815013800263, "corr_portfolio": 0.29031676763168085, "corr_benchmark": 0.6307344453040894, "alpha_pos_frac": 0.5067264573991032, "fund_max_dd": -0.2787549013625352, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "btefx": {"sym": "btefx", "name": "Boston Trust Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.025049273051498174, "alpha_t_5y": -1.617575519147931, "alpha_t_full": 0.04639762749554345, "r2_5y": 0.9398120064977606, "r2_full": 0.9502974621271335, "corr_portfolio": 0.3102134274820844, "corr_benchmark": 0.5828695219380253, "alpha_pos_frac": 0.515695067264574, "fund_max_dd": -0.4767006118236323, "first": "2003-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "btiix": {"sym": "btiix", "name": "DWS Equity 500 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0009114126656242742, "alpha_t_5y": -0.2552698234559087, "alpha_t_full": -0.15535175268899493, "r2_5y": 0.9974333631362978, "r2_full": 0.9808980778877044, "corr_portfolio": 0.28282764728644855, "corr_benchmark": 0.6165483206734501, "alpha_pos_frac": 0.5145631067961165, "fund_max_dd": -0.5523776389791125, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "btmfx": {"sym": "btmfx", "name": "Boston Trust Midcap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013041770582567854, "alpha_t_5y": -0.568189032512805, "alpha_t_full": 1.1635660562266301, "r2_5y": 0.8766704471988135, "r2_full": 0.9189419309877138, "corr_portfolio": 0.3319391498863168, "corr_benchmark": 0.5622587762080522, "alpha_pos_frac": 0.5113122171945701, "fund_max_dd": -0.5057141589168932, "first": "2007-10-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "btmix": {"sym": "btmix", "name": "Baird Short-Term Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01640159072284721, "alpha_t_5y": 2.83207932835309, "alpha_t_full": 3.483938025396266, "r2_5y": 0.25716868717885044, "r2_full": 0.2477404238095221, "corr_portfolio": 0.04877994949248887, "corr_benchmark": 0.3119727384381615, "alpha_pos_frac": 0.5555555555555556, "fund_max_dd": -0.06340058474888499, "first": "2015-09-01", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "btsmx": {"sym": "btsmx", "name": "Boston Trust SMID Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002180203247648455, "alpha_t_5y": -0.09084950059165557, "alpha_t_full": 0.9146728669841601, "r2_5y": 0.8817921503386693, "r2_full": 0.7846352676631999, "corr_portfolio": 0.3068438211099643, "corr_benchmark": 0.5048408703047145, "alpha_pos_frac": 0.4152046783625731, "fund_max_dd": -0.38038144969605914, "first": "2011-12-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bubsx": {"sym": "bubsx", "name": "Baird Ultra Short Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01773404599391841, "alpha_t_5y": 5.422586799408942, "alpha_t_full": 7.945263329705797, "r2_5y": 0.18850104948600865, "r2_full": 0.13407608372312196, "corr_portfolio": 0.039249728754247065, "corr_benchmark": 0.16019893834935847, "alpha_pos_frac": 0.3972602739726027, "fund_max_dd": -0.018848081804421213, "first": "2014-01-06", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "bufgx": {"sym": "bufgx", "name": "Buffalo Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.053694298932619164, "alpha_t_5y": -2.505208242390493, "alpha_t_full": -0.08475826536341372, "r2_5y": 0.9419870886126203, "r2_full": 0.9086639871233305, "corr_portfolio": 0.1629044849287588, "corr_benchmark": 0.6277052617606169, "alpha_pos_frac": 0.517948717948718, "fund_max_dd": -0.5065123626359362, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bufmx": {"sym": "bufmx", "name": "Buffalo Mid Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.10008729343715835, "alpha_t_5y": -3.0618019561227587, "alpha_t_full": -1.752971370011638, "r2_5y": 0.8533229733339578, "r2_full": 0.8717058957533128, "corr_portfolio": 0.1832470852859033, "corr_benchmark": 0.6074947100590657, "alpha_pos_frac": 0.521551724137931, "fund_max_dd": -0.5764281171806743, "first": "2001-12-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "buftx": {"sym": "buftx", "name": "Buffalo Mid Cap Discovery Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.11003086815207037, "alpha_t_5y": -3.436881105810133, "alpha_t_full": -1.412594412438514, "r2_5y": 0.872006858621063, "r2_full": 0.877121805241976, "corr_portfolio": 0.16452743835989508, "corr_benchmark": 0.6117807994199662, "alpha_pos_frac": 0.556420233463035, "fund_max_dd": -0.6044963225041238, "first": "2001-04-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "bxfcx": {"sym": "bxfcx", "name": "MML Barings Global Floating Rate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.029100961358725738, "alpha_t_5y": 3.4359065119621763, "alpha_t_full": 2.4304514997801188, "r2_5y": 0.42552850957237287, "r2_full": 0.5772225765556389, "corr_portfolio": 0.3176191729169925, "corr_benchmark": 0.21481893995903636, "alpha_pos_frac": 0.4697986577181208, "fund_max_dd": -0.22324901580768086, "first": "2013-09-17", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "bxitx": {"sym": "bxitx", "name": "MML Barings Unconstrained Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0037112112746596967, "alpha_t_5y": -0.28238628976364794, "alpha_t_full": 2.5468435295429734, "r2_5y": 0.5056025247840432, "r2_full": 0.6211505032166098, "corr_portfolio": 0.31098166796243903, "corr_benchmark": 0.26962812340936443, "alpha_pos_frac": 0.5369127516778524, "fund_max_dd": -0.24863348369243166, "first": "2013-09-17", "verdict": "weak/unstable alpha", "alpha_name": false}, "cabdx": {"sym": "cabdx", "name": "AB RELATIVE VALUE FUND, INC.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01688728798911227, "alpha_t_5y": 0.92785161175982, "alpha_t_full": 3.2687846347821083, "r2_5y": 0.9097028368139576, "r2_full": -1.7763568394002505e-15, "corr_portfolio": 0.4020338058839423, "corr_benchmark": 0.5313385053392616, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.5740208303115659, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "cabix": {"sym": "cabix", "name": "AB GLOBAL RISK ALLOCATION FUND, INC.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.001291960694234989, "alpha_t_5y": -0.1012090629895647, "alpha_t_full": -0.5420762428779787, "r2_5y": 0.8845638778610537, "r2_full": 0.8378160490700229, "corr_portfolio": 0.30433399548201784, "corr_benchmark": 0.7062567757399001, "alpha_pos_frac": 0.4666666666666667, "fund_max_dd": -0.43568595855945036, "first": "2005-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "caeax": {"sym": "caeax", "name": "Columbia Acorn European Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07527783983572485, "alpha_t_5y": -1.823156884632709, "alpha_t_full": -0.9590016652411144, "r2_5y": 0.7908705059158136, "r2_full": 0.7800016709053588, "corr_portfolio": 0.23604839174006473, "corr_benchmark": 0.5328301964537524, "alpha_pos_frac": 0.5287356321839081, "fund_max_dd": -0.5112113867998018, "first": "2011-08-19", "verdict": "weak/unstable alpha", "alpha_name": false}, "caibx": {"sym": "caibx", "name": "CAPITAL INCOME BUILDER", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02439801259385405, "alpha_t_5y": 2.1284474731510885, "alpha_t_full": 5.389208392006576, "r2_5y": 0.9241975285123762, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.40862954797602363, "corr_benchmark": 0.624624650766981, "alpha_pos_frac": 0.48205128205128206, "fund_max_dd": -0.4322382118728304, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "canax": {"sym": "canax", "name": "American Funds Strategic Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0016139060987969947, "alpha_t_5y": -0.157864930449631, "alpha_t_full": 1.484633033482392, "r2_5y": 0.8411806618158142, "r2_full": 0.8007747988944349, "corr_portfolio": -0.13472484858628656, "corr_benchmark": 0.5238826173570144, "alpha_pos_frac": 0.37815126050420167, "fund_max_dd": -0.19331479637359805, "first": "2016-03-22", "verdict": "weak/unstable alpha", "alpha_name": false}, "capax": {"sym": "capax", "name": "Federated Hermes Capital Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0029460867673339777, "alpha_t_5y": -0.38418848003812034, "alpha_t_full": 3.75988586451022, "r2_5y": 0.9465025422365841, "r2_full": -1.7763568394002505e-15, "corr_portfolio": 0.3398230925944674, "corr_benchmark": 0.6680600164093814, "alpha_pos_frac": 0.5230769230769231, "fund_max_dd": -0.5308023128796993, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cavax": {"sym": "cavax", "name": "Catholic Values Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.018769046809564056, "alpha_t_5y": -1.7992118954654537, "alpha_t_full": -0.5774351324929683, "r2_5y": 0.97544093081433, "r2_full": 0.9294726166538734, "corr_portfolio": 0.3277824326129511, "corr_benchmark": 0.5921719989472143, "alpha_pos_frac": 0.4153846153846154, "fund_max_dd": -0.36554309691318876, "first": "2015-05-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cbhcx": {"sym": "cbhcx", "name": "Victory Market Neutral Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03808337401398237, "alpha_t_5y": 2.427362028982236, "alpha_t_full": 2.129300539898138, "r2_5y": 0.06993653699532021, "r2_full": 0.03704817892297507, "corr_portfolio": 0.10648062246387816, "corr_benchmark": -0.06978128142804037, "alpha_pos_frac": 0.5220125786163522, "fund_max_dd": -0.08258422957506384, "first": "2012-11-20", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": true}, "cblax": {"sym": "cblax", "name": "Columbia Balanced Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005425468197239788, "alpha_t_5y": -0.7667399798703909, "alpha_t_full": 0.03445141785037863, "r2_5y": 0.976968335364994, "r2_full": 0.9653117732155194, "corr_portfolio": 0.25242536057339715, "corr_benchmark": 0.7050869550545731, "alpha_pos_frac": 0.5025641025641026, "fund_max_dd": -0.34706795606982377, "first": "2002-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cbon": {"sym": "cbon", "name": "VanEck China Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02248684293653033, "alpha_t_5y": 1.2659539573610057, "alpha_t_full": 1.3407080569537542, "r2_5y": 0.28461015561279834, "r2_full": 0.15127144581048424, "corr_portfolio": 0.06769148971140691, "corr_benchmark": 0.18985244827332473, "alpha_pos_frac": 0.5481481481481482, "fund_max_dd": -0.14128691044934494, "first": "2014-11-12", "verdict": "weak/unstable alpha", "alpha_name": false}, "cbsax": {"sym": "cbsax", "name": "Columbia Select Mid Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03321308174592239, "alpha_t_5y": -0.7763539101916733, "alpha_t_full": -1.4510515389780227, "r2_5y": 0.836846613119818, "r2_full": 0.8783224289863878, "corr_portfolio": 0.11799380942141321, "corr_benchmark": 0.5941979928672352, "alpha_pos_frac": 0.4928571428571429, "fund_max_dd": -0.5661812934540207, "first": "2002-11-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "ccasx": {"sym": "ccasx", "name": "Conestoga Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07544996174720443, "alpha_t_5y": -2.161870060224454, "alpha_t_full": 0.7275631957259397, "r2_5y": 0.8536944290326242, "r2_full": 0.840343893755094, "corr_portfolio": 0.1597854724044828, "corr_benchmark": 0.5558375500306847, "alpha_pos_frac": 0.5260115606936416, "fund_max_dd": -0.4801324623431552, "first": "2002-01-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cccmx": {"sym": "cccmx", "name": "Capital Group California Core Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009098653576299614, "alpha_t_5y": 1.1707228748521585, "alpha_t_full": 1.985780611183546, "r2_5y": 0.31944082602705026, "r2_full": 0.25017102856415163, "corr_portfolio": 0.016158922618857183, "corr_benchmark": 0.3329490972545163, "alpha_pos_frac": 0.5421052631578948, "fund_max_dd": -0.07579903015368528, "first": "2010-04-16", "verdict": "weak/unstable alpha", "alpha_name": false}, "ccfax": {"sym": "ccfax", "name": "American Funds College 2036 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010276973776639695, "alpha_t_5y": -1.1000603420767707, "alpha_t_full": -0.8215446678973327, "r2_5y": 0.9627572263392163, "r2_full": 0.9668671085882542, "corr_portfolio": 0.2444390401318746, "corr_benchmark": 0.7020932312602941, "alpha_pos_frac": 0.5729166666666666, "fund_max_dd": -0.25797870646682486, "first": "2018-02-26", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ccrsx": {"sym": "ccrsx", "name": "Cantor Fitzgerald Commodity Return Strategy Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01595662510665855, "alpha_t_5y": 0.7867228692498865, "alpha_t_full": 0.39797015124126073, "r2_5y": 0.9095849916537707, "r2_full": 0.9110010924504629, "corr_portfolio": 0.21529015826697542, "corr_benchmark": 0.10841244251342742, "alpha_pos_frac": 0.4525862068965517, "fund_max_dd": -0.7309675891445069, "first": "2006-10-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ccsax": {"sym": "ccsax", "name": "Columbia Commodity Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0266998035371718, "alpha_t_5y": 1.0992298809752896, "alpha_t_full": 0.525308218423509, "r2_5y": 0.8839795401479902, "r2_full": 0.8882508560202994, "corr_portfolio": 0.2259886693211108, "corr_benchmark": 0.10685603566950336, "alpha_pos_frac": 0.4695121951219512, "fund_max_dd": -0.6208447909818353, "first": "2012-06-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ccsmx": {"sym": "ccsmx", "name": "Conestoga SMid Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07985250502266501, "alpha_t_5y": -2.2611728571239285, "alpha_t_full": -1.6693321390934581, "r2_5y": 0.8311063767816753, "r2_full": 0.8570919215130052, "corr_portfolio": 0.16673439861064654, "corr_benchmark": 0.587111731906019, "alpha_pos_frac": 0.5793103448275863, "fund_max_dd": -0.3734061589669486, "first": "2014-01-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "cdazx": {"sym": "cdazx", "name": "Multi-Manager Directional Alternative Strategies Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.05512684432523355, "alpha_t_5y": 2.2291065782162365, "alpha_t_full": 0.24661830289541073, "r2_5y": 0.6012669420463201, "r2_full": 0.7197363703485559, "corr_portfolio": 0.4579231297920752, "corr_benchmark": 0.4914274850949033, "alpha_pos_frac": 0.45871559633027525, "fund_max_dd": -0.30928871122470447, "first": "2017-01-13", "verdict": "weak/unstable alpha", "alpha_name": true}, "cdcdx": {"sym": "cdcdx", "name": "THE COMMUNITY DEVELOPMENT FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010947632662156858, "alpha_t_5y": 1.9568285532426999, "alpha_t_full": 1.0987546585289134, "r2_5y": 0.8443491484976414, "r2_full": 0.644483728541007, "corr_portfolio": -0.1136834692366959, "corr_benchmark": 0.5213016053902977, "alpha_pos_frac": 0.5338983050847458, "fund_max_dd": -0.10358844254996025, "first": "2016-05-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "cdgrx": {"sym": "cdgrx", "name": "Copeland Dividend Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.027694099283993866, "alpha_t_5y": -1.5647863153740516, "alpha_t_full": -1.925983849147062, "r2_5y": 0.9333186401090277, "r2_full": 0.8709046830155336, "corr_portfolio": 0.2969700835023504, "corr_benchmark": 0.6143171121842597, "alpha_pos_frac": 0.5769230769230769, "fund_max_dd": -0.3624902125676289, "first": "2010-12-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cdhax": {"sym": "cdhax", "name": "Calvert International Responsible Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0037413751697129146, "alpha_t_5y": 0.32292659269961743, "alpha_t_full": 0.014198399677314524, "r2_5y": 0.9720867439726146, "r2_full": 0.9671636643390646, "corr_portfolio": 0.33924694881077827, "corr_benchmark": 0.5844117180850429, "alpha_pos_frac": 0.4596774193548387, "fund_max_dd": -0.3230770504420455, "first": "2015-11-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cefix": {"sym": "cefix", "name": "Calvert Emerging Markets Advancement Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.029656464659150946, "alpha_t_5y": 0.9145839012673592, "alpha_t_full": 0.880130541010919, "r2_5y": 0.7887844742710268, "r2_full": 0.8316927964575704, "corr_portfolio": 0.2552762342686834, "corr_benchmark": 0.464575645419557, "alpha_pos_frac": 0.4935064935064935, "fund_max_dd": -0.30728235549270944, "first": "2019-10-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "cemgx": {"sym": "cemgx", "name": "Cullen Emerging Markets High Dividend Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04490262560145535, "alpha_t_5y": 1.1559340414473251, "alpha_t_full": 0.47367809151144186, "r2_5y": 0.6124804988150656, "r2_full": 0.6846756451974962, "corr_portfolio": 0.38024233708245986, "corr_benchmark": 0.39006789903807254, "alpha_pos_frac": 0.47530864197530864, "fund_max_dd": -0.4013294411950058, "first": "2012-09-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "cemvx": {"sym": "cemvx", "name": "Causeway Emerging Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.025735017062383153, "alpha_t_5y": 0.6807332072690758, "alpha_t_full": 0.19264167838541002, "r2_5y": 0.7840420951116069, "r2_full": 0.8694273618214803, "corr_portfolio": 0.31132981988565955, "corr_benchmark": 0.41429115077271045, "alpha_pos_frac": 0.48878923766816146, "fund_max_dd": -0.7047792194731916, "first": "2007-04-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "cenax": {"sym": "cenax", "name": "American Funds College Enrollment Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007605427337087165, "alpha_t_5y": 1.392714385719712, "alpha_t_full": 1.3267172803217464, "r2_5y": 0.8656740617073854, "r2_full": 0.792257743433864, "corr_portfolio": -0.08282129629361833, "corr_benchmark": 0.639868542336852, "alpha_pos_frac": 0.37888198757763975, "fund_max_dd": -0.1048312010051764, "first": "2012-09-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cetfx": {"sym": "cetfx", "name": "Morningstar Conservative ETF Asset Allocation Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005315520635503621, "alpha_t_5y": -1.1334088904760729, "alpha_t_full": -3.026647118687295, "r2_5y": 0.9629986319847437, "r2_full": 0.9180719154567085, "corr_portfolio": 0.203258708962709, "corr_benchmark": 0.8816309733044663, "alpha_pos_frac": 0.4618834080717489, "fund_max_dd": -0.16495394631935656, "first": "2007-05-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cfagx": {"sym": "cfagx", "name": "The MidCap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06165279920546126, "alpha_t_5y": -2.248082990299521, "alpha_t_full": -1.4286439021386665, "r2_5y": 0.874572829348992, "r2_full": 0.8989248692858289, "corr_portfolio": 0.23760368722835007, "corr_benchmark": 0.6136384921104272, "alpha_pos_frac": 0.5431034482758621, "fund_max_dd": -0.6105441793333631, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cfbnx": {"sym": "cfbnx", "name": "The Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007539242701984228, "alpha_t_5y": 1.247011200709692, "alpha_t_full": 5.665530991333767, "r2_5y": 0.9292106821790223, "r2_full": 2.220446049250313e-16, "corr_portfolio": -0.07413933997885729, "corr_benchmark": 0.6642348098707745, "alpha_pos_frac": 0.5260115606936416, "fund_max_dd": -0.17284720384081453, "first": "1994-12-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cfgrx": {"sym": "cfgrx", "name": "The Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.025877374626076317, "alpha_t_5y": -1.819466874596007, "alpha_t_full": -0.5251812087027348, "r2_5y": 0.9694661431068285, "r2_full": 0.9478748853109401, "corr_portfolio": 0.19465803678240173, "corr_benchmark": 0.6340787784905233, "alpha_pos_frac": 0.5664739884393064, "fund_max_dd": -0.5644467174364575, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cfiax": {"sym": "cfiax", "name": "Columbia Flexible Capital Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006730084105295528, "alpha_t_5y": 0.5686247611124834, "alpha_t_full": 1.1547287472911607, "r2_5y": 0.9140397527449133, "r2_full": 0.9262590176549129, "corr_portfolio": 0.39431784807985487, "corr_benchmark": 0.576525039179415, "alpha_pos_frac": 0.4857142857142857, "fund_max_dd": -0.31216721204475395, "first": "2011-07-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cficx": {"sym": "cficx", "name": "Calvert Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008365142218954002, "alpha_t_5y": 1.5609147770996412, "alpha_t_full": 7.063520325401359, "r2_5y": 0.9466059111447928, "r2_full": -6.661338147750939e-16, "corr_portfolio": 0.015888564198465346, "corr_benchmark": 0.7042332738321989, "alpha_pos_frac": 0.5433526011560693, "fund_max_dd": -0.2079567424858244, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cfimx": {"sym": "cfimx", "name": "Clipper Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.17037398723874972, "alpha_t_5y": -1.0097494551582928, "alpha_t_full": 0.9804977573579704, "r2_5y": 0.10614664908510696, "r2_full": 0.0, "corr_portfolio": 0.17530675769053233, "corr_benchmark": 0.28415155143999454, "alpha_pos_frac": 0.695067264573991, "fund_max_dd": -0.9105629567427087, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "cfipx": {"sym": "cfipx", "name": "Franklin Global Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.015701348500762616, "alpha_t_5y": 1.2746976430082784, "alpha_t_full": 2.576708752402696, "r2_5y": 0.9666926248581811, "r2_full": 7.771561172376096e-16, "corr_portfolio": 0.36428903528165235, "corr_benchmark": 0.5947516337991512, "alpha_pos_frac": 0.47398843930635837, "fund_max_dd": -0.6055689419129171, "first": "1991-03-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cfmox": {"sym": "cfmox", "name": "The Missouri Tax-Free Intermediate Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0004979936668935363, "alpha_t_5y": 0.044312819725945994, "alpha_t_full": 6.674427751130632, "r2_5y": 0.35866898030479233, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.022439878603947822, "corr_benchmark": 0.34322588289711503, "alpha_pos_frac": 0.5371024734982333, "fund_max_dd": -0.117201485687628, "first": "1995-02-22", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "cfnlx": {"sym": "cfnlx", "name": "The National Tax-Free Intermediate Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0038803551239694756, "alpha_t_5y": 0.38090361349644447, "alpha_t_full": 6.846367932826881, "r2_5y": 0.41752893581431183, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.01832507354325999, "corr_benchmark": 0.3630512001254107, "alpha_pos_frac": 0.5260115606936416, "fund_max_dd": -0.1185173418778217, "first": "1995-02-22", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "cfrax": {"sym": "cfrax", "name": "Catalyst/CIFC Senior Secured Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020324349410280905, "alpha_t_5y": 2.010224065892803, "alpha_t_full": 3.377643210462281, "r2_5y": 0.47614491578484186, "r2_full": 0.508738617488032, "corr_portfolio": 0.29318873586765865, "corr_benchmark": 0.2224216115476236, "alpha_pos_frac": 0.5189873417721519, "fund_max_dd": -0.19236067642081212, "first": "2013-01-03", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "cfsix": {"sym": "cfsix", "name": "TOUCHSTONE SANDS CAPITAL SELECT GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.12361977497688655, "alpha_t_5y": -2.45599202585367, "alpha_t_full": -2.3739707465723137, "r2_5y": 0.841740146942678, "r2_full": 0.8579286428470279, "corr_portfolio": 0.03687364903187224, "corr_benchmark": 0.5758838793035987, "alpha_pos_frac": 0.5542635658914729, "fund_max_dd": -0.602446361406143, "first": "2004-08-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "cfvax": {"sym": "cfvax", "name": "Catholic Values Fixed Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0046328597342836335, "alpha_t_5y": -0.9840439936916265, "alpha_t_full": -1.0541567305138493, "r2_5y": 0.9675020404819887, "r2_full": 0.9248027102822656, "corr_portfolio": -0.06568406127744893, "corr_benchmark": 0.7236833034039607, "alpha_pos_frac": 0.5076923076923077, "fund_max_dd": -0.20489099043643255, "first": "2015-05-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cfvlx": {"sym": "cfvlx", "name": "The Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0009354988260709048, "alpha_t_5y": -0.05220817997351251, "alpha_t_full": 0.5701165105432329, "r2_5y": 0.9081972589584191, "r2_full": 0.9028709445018627, "corr_portfolio": 0.412172699754171, "corr_benchmark": 0.510626224630156, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.5889876474742121, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cgafx": {"sym": "cgafx", "name": "Calvert Green Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002461301996483503, "alpha_t_5y": -0.4230337648879898, "alpha_t_full": 0.5817927953415453, "r2_5y": 0.9169477995828934, "r2_full": 0.87854658944575, "corr_portfolio": -0.07830314053756096, "corr_benchmark": 0.6686849689868236, "alpha_pos_frac": 0.5540540540540541, "fund_max_dd": -0.17397171727534122, "first": "2013-11-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cgoax": {"sym": "cgoax", "name": "Columbia Small Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03273558003657253, "alpha_t_5y": -0.8077086681957764, "alpha_t_full": -0.5257401516566897, "r2_5y": 0.87755687581831, "r2_full": 0.8990526077558401, "corr_portfolio": 0.11465669828547256, "corr_benchmark": 0.5665998374258396, "alpha_pos_frac": 0.5204918032786885, "fund_max_dd": -0.5577514211992851, "first": "2005-11-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cgvyx": {"sym": "cgvyx", "name": "American Funds Global Insight Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015442879116711416, "alpha_t_5y": -1.148885700017561, "alpha_t_full": -0.9122930540096762, "r2_5y": 0.953453595922758, "r2_full": 0.9634666078444183, "corr_portfolio": 0.26356185895058504, "corr_benchmark": 0.648308613904745, "alpha_pos_frac": 0.3684210526315789, "fund_max_dd": -0.29748281971314616, "first": "2019-11-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "chcgx": {"sym": "chcgx", "name": "The Chesapeake Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0772033321425639, "alpha_t_5y": -3.7581041299638005, "alpha_t_full": -2.2567374382224448, "r2_5y": 0.9272026528065018, "r2_full": 0.9184366712606744, "corr_portfolio": 0.21006977881343883, "corr_benchmark": 0.5881868425369062, "alpha_pos_frac": 0.4886731391585761, "fund_max_dd": -0.601084686848129, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "chclx": {"sym": "chclx", "name": "AB DISCOVERY GROWTH FUND, INC.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08191028054215313, "alpha_t_5y": -2.160011913124591, "alpha_t_full": 2.567601140315927, "r2_5y": 0.8823268112296507, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.1391082167024179, "corr_benchmark": 0.5726830741983071, "alpha_pos_frac": 0.5048543689320388, "fund_max_dd": -0.6385221952474616, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "chtrx": {"sym": "chtrx", "name": "Invesco Charter Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.017936199940782393, "alpha_t_5y": -1.6171710690422203, "alpha_t_full": 3.4918871964877476, "r2_5y": 0.9746759732740281, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.249148718749115, "corr_benchmark": 0.5533899799829015, "alpha_pos_frac": 0.56957928802589, "fund_max_dd": -0.5629758141581238, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "chusx": {"sym": "chusx", "name": "ALGER GLOBAL EQUITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09548240032398103, "alpha_t_5y": -3.1803330794864824, "alpha_t_full": -1.7708500659841613, "r2_5y": 0.8917704954757504, "r2_full": 0.8341698118724029, "corr_portfolio": 0.20284846945399435, "corr_benchmark": 0.6051638101755797, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.6609988992501596, "first": "2003-11-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cibr": {"sym": "cibr", "name": "First Trust NASDAQ Cybersecurity ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020588566212597734, "alpha_t_5y": 0.32727052779107013, "alpha_t_full": 0.25434240829191607, "r2_5y": 0.6457368693434551, "r2_full": 0.6870888638026249, "corr_portfolio": 0.0900177648008925, "corr_benchmark": 0.5471893808387889, "alpha_pos_frac": 0.4609375, "fund_max_dd": -0.3388776581024162, "first": "2015-07-08", "verdict": "weak/unstable alpha", "alpha_name": false}, "cigyx": {"sym": "cigyx", "name": "AB International Growth Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.13755087194007032, "alpha_t_5y": -4.766381162465042, "alpha_t_full": -3.3545051433295967, "r2_5y": 0.8716413362417086, "r2_full": 0.8747755683400011, "corr_portfolio": 0.23867671110891847, "corr_benchmark": 0.5753477865285921, "alpha_pos_frac": 0.5538461538461539, "fund_max_dd": -0.4501823058669454, "first": "2015-04-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "clazx": {"sym": "clazx", "name": "Columbia Multi Strategy Alternatives Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.030407403284563123, "alpha_t_5y": 1.7167110474117429, "alpha_t_full": -0.5302875244297963, "r2_5y": 0.11693010766456258, "r2_full": 0.08960159569746606, "corr_portfolio": 0.3536996714256518, "corr_benchmark": 0.13340323696408043, "alpha_pos_frac": 0.5338345864661654, "fund_max_dd": -0.2944760958467697, "first": "2015-01-30", "verdict": "weak/unstable alpha", "alpha_name": true}, "cldax": {"sym": "cldax", "name": "Calvert Core Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00045855992144905284, "alpha_t_5y": 0.09238760946103161, "alpha_t_full": 2.9484039854624653, "r2_5y": 0.9545331649136646, "r2_full": 0.7716172936688719, "corr_portfolio": -0.05912903549634408, "corr_benchmark": 0.6287563234942088, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.1888287853036671, "first": "2005-01-07", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "clmax": {"sym": "clmax", "name": "Columbia Mortgage Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016283422282609494, "alpha_t_5y": 1.2086129376246433, "alpha_t_full": 2.0933391309117924, "r2_5y": 0.7583616964276583, "r2_full": 0.5357081193532645, "corr_portfolio": -0.046601577797095305, "corr_benchmark": 0.47490899198444986, "alpha_pos_frac": 0.47183098591549294, "fund_max_dd": -0.2276102076259009, "first": "2014-05-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "clmpx": {"sym": "clmpx", "name": "Columbia Strategic California Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004467008226026636, "alpha_t_5y": -0.2603865214532447, "alpha_t_full": 5.203116937832125, "r2_5y": 0.40137649452257695, "r2_full": -1.3322676295501878e-15, "corr_portfolio": 0.034013605119420955, "corr_benchmark": 0.3572178473551318, "alpha_pos_frac": 0.5953757225433526, "fund_max_dd": -0.2045318822467529, "first": "1996-06-21", "verdict": "weak/unstable alpha", "alpha_name": false}, "cmaix": {"sym": "cmaix", "name": "Invesco Select Risk: Moderately Conservative Investor Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0025825861470288804, "alpha_t_5y": -0.42556848418350796, "alpha_t_full": -1.625224772412802, "r2_5y": 0.966117577327492, "r2_full": 0.8881701728030424, "corr_portfolio": 0.26013724291360324, "corr_benchmark": 0.7508078314395692, "alpha_pos_frac": 0.5086705202312138, "fund_max_dd": -0.28882067784068843, "first": "2005-05-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cmgix": {"sym": "cmgix", "name": "BLACKROCK MID CAP GROWTH EQUITY PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.10740906032518115, "alpha_t_5y": -2.543800068551448, "alpha_t_full": -1.3339757419342761, "r2_5y": 0.8431107942010396, "r2_full": 0.8539451661375259, "corr_portfolio": 0.12572878999219636, "corr_benchmark": 0.6106419522497468, "alpha_pos_frac": 0.5202312138728323, "fund_max_dd": -0.7384704995783037, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "cmgux": {"sym": "cmgux", "name": "Columbia Ultra Short Term Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016778508956382335, "alpha_t_5y": 2.967566252326398, "alpha_t_full": 5.151510313179764, "r2_5y": 0.2227215072854315, "r2_full": 0.11241121080933625, "corr_portfolio": 0.08262610435958427, "corr_benchmark": 0.1327659451114899, "alpha_pos_frac": 0.388646288209607, "fund_max_dd": -0.034172050295477874, "first": "2004-03-09", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "cmiex": {"sym": "cmiex", "name": "Multi-Manager International Equity Strategies Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002331855387643293, "alpha_t_5y": 0.17639529799774897, "alpha_t_full": 0.6102573342678537, "r2_5y": 0.9638651024018033, "r2_full": 0.9670082571200014, "corr_portfolio": 0.34449815461155114, "corr_benchmark": 0.5772912659976659, "alpha_pos_frac": 0.3763440860215054, "fund_max_dd": -0.3535156169126247, "first": "2018-05-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "cmvix": {"sym": "cmvix", "name": "BLACKROCK ADVANTAGE LARGE CAP GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0164840267983894, "alpha_t_5y": -1.1603571599314935, "alpha_t_full": 3.6237456481293746, "r2_5y": 0.9754470548978937, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.17005198642697925, "corr_benchmark": 0.6209877739513741, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.5840247556650069, "first": "1993-06-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cnsax": {"sym": "cnsax", "name": "INVESCO CONVERTIBLE SECURITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006601127416343212, "alpha_t_5y": -0.2557622389172072, "alpha_t_full": 2.6710005146137528, "r2_5y": 0.7909577128137197, "r2_full": 0.5698581671254354, "corr_portfolio": 0.16525270547191712, "corr_benchmark": 0.5490378579410627, "alpha_pos_frac": 0.5059760956175299, "fund_max_dd": -0.3948657987186165, "first": "1999-03-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "cnxt": {"sym": "cnxt", "name": "VanEck ChiNext Innovators ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04687512427102841, "alpha_t_5y": 0.3927872413484875, "alpha_t_full": 1.0569562423580614, "r2_5y": 0.3745704832705904, "r2_full": 0.3150294621447569, "corr_portfolio": 0.0895312973950305, "corr_benchmark": 0.18206899295810386, "alpha_pos_frac": 0.43884892086330934, "fund_max_dd": -0.6898160282701138, "first": "2014-07-25", "verdict": "weak/unstable alpha", "alpha_name": false}, "coeax": {"sym": "coeax", "name": "Columbia Oregon Intermediate Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0005736351219671699, "alpha_t_5y": 0.06651501582449484, "alpha_t_full": 1.7231416783321822, "r2_5y": 0.37305857798472775, "r2_full": 0.2959532974952014, "corr_portfolio": 0.027366078343223875, "corr_benchmark": 0.3315492332543071, "alpha_pos_frac": 0.5291828793774319, "fund_max_dd": -0.10670693495070271, "first": "2002-11-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "coiax": {"sym": "coiax", "name": "SIMT Conservative Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02863554919812503, "alpha_t_5y": 6.970407323093557, "alpha_t_full": 4.559412758562281, "r2_5y": 0.1903904506867924, "r2_full": 0.11666608747014728, "corr_portfolio": 0.05713621484344017, "corr_benchmark": 0.03664070584111344, "alpha_pos_frac": 0.5056179775280899, "fund_max_dd": -0.0019976608136713647, "first": "2018-10-01", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "colnx": {"sym": "colnx", "name": "Columbia Strategic New York Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0015713275300550656, "alpha_t_5y": -0.09235181439637621, "alpha_t_full": 5.110926967994358, "r2_5y": 0.38191684440795315, "r2_full": 2.6645352591003757e-15, "corr_portfolio": 0.0348745816334198, "corr_benchmark": 0.34717010788942354, "alpha_pos_frac": 0.5895953757225434, "fund_max_dd": -0.19802609969984275, "first": "1996-06-21", "verdict": "weak/unstable alpha", "alpha_name": false}, "coltx": {"sym": "coltx", "name": "Columbia Total Return Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004116395219051262, "alpha_t_5y": 0.24755892471027882, "alpha_t_full": 6.584535095733895, "r2_5y": 0.3812040806219059, "r2_full": -3.552713678800501e-15, "corr_portfolio": 0.04415948336824439, "corr_benchmark": 0.3402945756605481, "alpha_pos_frac": 0.6184971098265896, "fund_max_dd": -0.17873193275084442, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "comax": {"sym": "comax", "name": "DWS Digital Horizons Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06245756879044417, "alpha_t_5y": -1.613201315475665, "alpha_t_full": 2.65846060024608, "r2_5y": 0.8179990377475437, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.15260101179665342, "corr_benchmark": 0.5829328592974747, "alpha_pos_frac": 0.5598705501618123, "fund_max_dd": -0.8152354518735918, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "cosix": {"sym": "cosix", "name": "Columbia Strategic Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010918442324802066, "alpha_t_5y": 1.6544462573044783, "alpha_t_full": 8.97921782878531, "r2_5y": 0.8663944005206073, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.14900065311998206, "corr_benchmark": 0.5726198691530625, "alpha_pos_frac": 0.5086705202312138, "fund_max_dd": -0.261588575393748, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cpoax": {"sym": "cpoax", "name": "Morgan Stanley Insight Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.12238838216344525, "alpha_t_5y": -1.397145915923353, "alpha_t_full": -0.2645964446364031, "r2_5y": 0.7181269761115558, "r2_full": 0.7332773760513557, "corr_portfolio": -0.04783552231926079, "corr_benchmark": 0.5400315946551595, "alpha_pos_frac": 0.4845360824742268, "fund_max_dd": -0.8457415819949012, "first": "1999-03-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "cppcx": {"sym": "cppcx", "name": "American Funds Preservation Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01636925763338449, "alpha_t_5y": -2.6498085972737275, "alpha_t_full": -2.3650696529420756, "r2_5y": 0.8389825139092967, "r2_full": 0.7839322138938172, "corr_portfolio": -0.1178745243515308, "corr_benchmark": 0.5078848908667623, "alpha_pos_frac": 0.43636363636363634, "fund_max_dd": -0.09747699191673409, "first": "2012-05-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "cptnx": {"sym": "cptnx", "name": "GOVERNMENT BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0004511321222281704, "alpha_t_5y": -0.07853384145182744, "alpha_t_full": 5.847025794165404, "r2_5y": 0.9493103262055929, "r2_full": 8.881784197001252e-16, "corr_portfolio": -0.14367553545814413, "corr_benchmark": 0.6455895514221145, "alpha_pos_frac": 0.5086705202312138, "fund_max_dd": -0.1915010432556281, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cpxax": {"sym": "cpxax", "name": "Cohen & Steers Preferred Securities & Income Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010786240342662652, "alpha_t_5y": 0.5822177224226556, "alpha_t_full": 3.6412506314334916, "r2_5y": 0.4272539811661661, "r2_full": 0.5244021400481756, "corr_portfolio": 0.297230736431155, "corr_benchmark": 0.43120684115958297, "alpha_pos_frac": 0.5210526315789473, "fund_max_dd": -0.2551410892294047, "first": "2010-05-04", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "cracx": {"sym": "cracx", "name": "Columbia Adaptive Risk Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004111363575804427, "alpha_t_5y": -0.2687045057053054, "alpha_t_full": -0.5051798064253188, "r2_5y": 0.8233389974246169, "r2_full": 0.7253163997183417, "corr_portfolio": 0.22532847308145257, "corr_benchmark": 0.7462002315723436, "alpha_pos_frac": 0.573170731707317, "fund_max_dd": -0.19711747551724645, "first": "2012-06-20", "verdict": "weak/unstable alpha", "alpha_name": true}, "craix": {"sym": "craix", "name": "CCM Community Impact Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0008648429917340188, "alpha_t_5y": 0.20881308811852053, "alpha_t_full": 0.7614361861240132, "r2_5y": 0.9507701691332596, "r2_full": 0.8216338035695779, "corr_portfolio": -0.12780976941594752, "corr_benchmark": 0.6314201954724312, "alpha_pos_frac": 0.5435897435897435, "fund_max_dd": -0.1449042942236617, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "crak": {"sym": "crak", "name": "VanEck Oil Refiners ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03386853559592284, "alpha_t_5y": 0.6180015400103968, "alpha_t_full": 1.3495157983961228, "r2_5y": 0.6126536370112932, "r2_full": 0.6282248167425115, "corr_portfolio": 0.44154640834709485, "corr_benchmark": 0.3525777013180548, "alpha_pos_frac": 0.5476190476190477, "fund_max_dd": -0.5882284870356655, "first": "2015-08-21", "verdict": "weak/unstable alpha", "alpha_name": false}, "creax": {"sym": "creax", "name": "Columbia Real Estate Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017836669362939938, "alpha_t_5y": 1.249061664657635, "alpha_t_full": -0.07386978626343095, "r2_5y": 0.9671311514180333, "r2_full": 0.976156037143648, "corr_portfolio": 0.23768212860082066, "corr_benchmark": 0.5681057918479416, "alpha_pos_frac": 0.4564102564102564, "fund_max_dd": -0.709283957114219, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "crihx": {"sym": "crihx", "name": "CRM LONG/SHORT OPPORTUNITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007485374462626657, "alpha_t_5y": -0.23393840653966574, "alpha_t_full": 0.11386798000136084, "r2_5y": 0.5970928094523608, "r2_full": 0.5767322167951201, "corr_portfolio": 0.23881152028192626, "corr_benchmark": 0.4717239779508285, "alpha_pos_frac": 0.5350877192982456, "fund_max_dd": -0.2132648191040607, "first": "2016-08-23", "verdict": "weak/unstable alpha", "alpha_name": true}, "crsox": {"sym": "crsox", "name": "Cantor Fitzgerald Commodity Return Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.019083902821777333, "alpha_t_5y": 0.9528994793145646, "alpha_t_full": 0.6797392376082404, "r2_5y": 0.9114051626234875, "r2_full": 0.9185219733591821, "corr_portfolio": 0.21409020123230452, "corr_benchmark": 0.10791500045355475, "alpha_pos_frac": 0.5043103448275862, "fund_max_dd": -0.7266629200575665, "first": "2006-10-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "csdax": {"sym": "csdax", "name": "Calvert Short Duration Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02019324960086316, "alpha_t_5y": 4.475528981728228, "alpha_t_full": 5.860337197998187, "r2_5y": 0.7872452244073467, "r2_full": 0.5057243223863395, "corr_portfolio": 0.05323246528588834, "corr_benchmark": 0.4373912242746285, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.09963300737426395, "first": "2002-07-31", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "cseix": {"sym": "cseix", "name": "Cohen & Steers Real Estate Securities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011315535939206055, "alpha_t_5y": 0.7443075392476869, "alpha_t_full": 0.5392428696642787, "r2_5y": 0.9612454903562206, "r2_full": 0.9750708811862446, "corr_portfolio": 0.2359617245755928, "corr_benchmark": 0.5626625461337378, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.7258172682312598, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "csfax": {"sym": "csfax", "name": "Cohen & Steers Global Realty Shares, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02318459991638578, "alpha_t_5y": -1.3085042309041912, "alpha_t_full": -2.018082736291063, "r2_5y": 0.9275910137421541, "r2_full": 0.9079709082374016, "corr_portfolio": 0.3050305362528093, "corr_benchmark": 0.5893062224191481, "alpha_pos_frac": 0.5381165919282511, "fund_max_dd": -0.738056784638371, "first": "2004-10-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cshix": {"sym": "cshix", "name": "Credit Suisse Floating Rate High Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.040013152369848336, "alpha_t_5y": 4.094230689665389, "alpha_t_full": 3.3863678781816176, "r2_5y": 0.3731948505521395, "r2_full": 0.566265111145578, "corr_portfolio": 0.29103328055713173, "corr_benchmark": 0.21214981858791168, "alpha_pos_frac": 0.4666666666666667, "fund_max_dd": -0.3727029229833573, "first": "2001-11-13", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "cshtx": {"sym": "cshtx", "name": "AB Taxable Multi-Sector Income Shares", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005448435196420088, "alpha_t_5y": -0.9186764375211717, "alpha_t_full": 0.18792244129529176, "r2_5y": 0.6841726237503316, "r2_full": 0.5738474773491886, "corr_portfolio": 0.006816165978215763, "corr_benchmark": 0.4175931835649003, "alpha_pos_frac": 0.577639751552795, "fund_max_dd": -0.05566604305410827, "first": "2012-10-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "csibx": {"sym": "csibx", "name": "Calvert Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00815405106057932, "alpha_t_5y": 1.6773431195414596, "alpha_t_full": 5.682863224922399, "r2_5y": 0.9531079966079513, "r2_full": 9.992007221626409e-16, "corr_portfolio": -0.05935996297691614, "corr_benchmark": 0.6843261234584073, "alpha_pos_frac": 0.49710982658959535, "fund_max_dd": -0.17180675892415864, "first": "1996-06-21", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "csmdx": {"sym": "csmdx", "name": "Copeland SMID Cap Dividend Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02786740547317828, "alpha_t_5y": -1.2533088603439952, "alpha_t_full": -0.5578910275578791, "r2_5y": 0.9133285734752632, "r2_full": 0.9280567730832215, "corr_portfolio": 0.3022380150238775, "corr_benchmark": 0.5912426409653753, "alpha_pos_frac": 0.5833333333333334, "fund_max_dd": -0.3728300666000126, "first": "2017-02-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "csmix": {"sym": "csmix", "name": "Columbia Small Cap Value Discovery Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.051189455637751645, "alpha_t_5y": 1.9384719337367438, "alpha_t_full": 3.258070656050147, "r2_5y": 0.9168720579378962, "r2_full": 0.0, "corr_portfolio": 0.31437704867992783, "corr_benchmark": 0.4688817513785984, "alpha_pos_frac": 0.46120689655172414, "fund_max_dd": -0.568837035176452, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "csoax": {"sym": "csoax", "name": "Credit Suisse Strategic Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006560927424577815, "alpha_t_5y": 0.7381120230082334, "alpha_t_full": 5.11772648159917, "r2_5y": 0.7338585981734034, "r2_full": 0.7227490468512343, "corr_portfolio": 0.3199550604966908, "corr_benchmark": 0.30402825962683644, "alpha_pos_frac": 0.4720496894409938, "fund_max_dd": -0.19955244536543137, "first": "2012-10-01", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "csrix": {"sym": "csrix", "name": "Cohen & Steers Institutional Realty Shares", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01751091873937689, "alpha_t_5y": 1.1536637300779, "alpha_t_full": 1.5862567363401303, "r2_5y": 0.960979827068901, "r2_full": 0.9801551478563492, "corr_portfolio": 0.23396974002922233, "corr_benchmark": 0.5627418268692082, "alpha_pos_frac": 0.547085201793722, "fund_max_dd": -0.7232012097996072, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "csrsx": {"sym": "csrsx", "name": "Cohen & Steers Realty Shares", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016516703825928333, "alpha_t_5y": 1.1670064174343884, "alpha_t_full": 3.293994922443493, "r2_5y": 0.9664151012764799, "r2_full": 0.0, "corr_portfolio": 0.2338349034359993, "corr_benchmark": 0.5633677250551414, "alpha_pos_frac": 0.5381165919282511, "fund_max_dd": -0.7250838134252138, "first": "1991-07-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cstax": {"sym": "cstax", "name": "American Funds College 2027 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005677523260538097, "alpha_t_5y": 0.9947536420104309, "alpha_t_full": 1.4191310357684568, "r2_5y": 0.9284660603158248, "r2_full": 0.8003079243703122, "corr_portfolio": 0.29097203798924515, "corr_benchmark": 0.7145958513955426, "alpha_pos_frac": 0.4720496894409938, "fund_max_dd": -0.14517388151214972, "first": "2012-09-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "csuax": {"sym": "csuax", "name": "Cohen & Steers Global Infrastructure Fund Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017960100946179433, "alpha_t_5y": 0.638359571449061, "alpha_t_full": 0.40681744187135377, "r2_5y": 0.7250364049340929, "r2_full": 0.7460027524806156, "corr_portfolio": 0.335281436257169, "corr_benchmark": 0.5579063461106334, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.5236271916431511, "first": "2004-05-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "csvax": {"sym": "csvax", "name": "Columbia International Dividend Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008110802177085402, "alpha_t_5y": 0.5183489649872852, "alpha_t_full": -0.5712524355884597, "r2_5y": 0.9427984816541058, "r2_full": 0.9196591348684215, "corr_portfolio": 0.3811103660198612, "corr_benchmark": 0.5451520159247555, "alpha_pos_frac": 0.42152466367713004, "fund_max_dd": -0.5543990380038037, "first": "2002-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ctagx": {"sym": "ctagx", "name": "Calamos Timpani SMID Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02128264133987165, "alpha_t_5y": -0.41928450524625405, "alpha_t_full": -0.4925038994147817, "r2_5y": 0.8164244860082988, "r2_full": 0.818516658868043, "corr_portfolio": 0.08687582320090943, "corr_benchmark": 0.5765094563931232, "alpha_pos_frac": 0.569620253164557, "fund_max_dd": -0.46616997358146595, "first": "2019-08-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "ctcax": {"sym": "ctcax", "name": "Columbia Global Technology Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00466865252407276, "alpha_t_5y": 0.20227247140495355, "alpha_t_full": 0.9897676425552439, "r2_5y": 0.9576797585421684, "r2_full": 0.9157172081658314, "corr_portfolio": 0.1353958588519295, "corr_benchmark": 0.5927231480121536, "alpha_pos_frac": 0.5381165919282511, "fund_max_dd": -0.6103735080626729, "first": "2002-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ctfax": {"sym": "ctfax", "name": "Columbia Thermostat Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.012174794444895286, "alpha_t_5y": 1.13072715476015, "alpha_t_full": 0.9900214201940367, "r2_5y": 0.8735482750143548, "r2_full": 0.7483765708070412, "corr_portfolio": 0.19533431960962236, "corr_benchmark": 0.7757812029679844, "alpha_pos_frac": 0.4669260700389105, "fund_max_dd": -0.47608616060833686, "first": "2003-03-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cthax": {"sym": "cthax", "name": "American Funds College 2030 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0019453875738179188, "alpha_t_5y": 0.3031530020256977, "alpha_t_full": 1.242382961884195, "r2_5y": 0.9472676198580698, "r2_full": 0.8717855793622413, "corr_portfolio": 0.3213946789819491, "corr_benchmark": 0.688690972827216, "alpha_pos_frac": 0.4720496894409938, "fund_max_dd": -0.17167364241103167, "first": "2012-09-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ctlax": {"sym": "ctlax", "name": "American Funds College 2033 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0005814849829552134, "alpha_t_5y": -0.07276072307707751, "alpha_t_full": -0.09437286681652364, "r2_5y": 0.9530220612028706, "r2_full": 0.9331165751493565, "corr_portfolio": 0.2892663968944992, "corr_benchmark": 0.6808591418580229, "alpha_pos_frac": 0.5190839694656488, "fund_max_dd": -0.21426100921625013, "first": "2015-03-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ctrzx": {"sym": "ctrzx", "name": "Multi-Manager Total Return Bond Strategies Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002841792738683169, "alpha_t_5y": 0.5646938678714031, "alpha_t_full": 0.08126445518692349, "r2_5y": 0.9580842437964088, "r2_full": 0.9203142086222048, "corr_portfolio": -0.09873744886889077, "corr_benchmark": 0.7090443634269116, "alpha_pos_frac": 0.6272727272727273, "fund_max_dd": -0.19196661534815573, "first": "2017-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "cugax": {"sym": "cugax", "name": "abrdn Infrastructure Debt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": 2.9635649092579213, "r2_5y": NaN, "r2_full": 0.09533289038442982, "corr_portfolio": 0.13683182532615717, "corr_benchmark": 0.31901902863821746, "alpha_pos_frac": 0.4889867841409692, "fund_max_dd": -0.13876766635421856, "first": "2001-12-03", "verdict": "no 5y window", "alpha_name": false}, "cusex": {"sym": "cusex", "name": "Capital Group U.S. Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0018676703975788272, "alpha_t_5y": -0.12328224910700027, "alpha_t_full": -0.1612780394295052, "r2_5y": 0.9461029325386221, "r2_full": 0.9618946968597764, "corr_portfolio": 0.27967211508772066, "corr_benchmark": 0.6146069280071785, "alpha_pos_frac": 0.5027932960893855, "fund_max_dd": -0.30159879425816694, "first": "2011-04-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cwbfx": {"sym": "cwbfx", "name": "CAPITAL WORLD BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01758181332597492, "alpha_t_5y": -2.1780183844859726, "alpha_t_full": 5.075221977121615, "r2_5y": 0.9089422449399308, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.017548836695955257, "corr_benchmark": 0.6025150967524927, "alpha_pos_frac": 0.4605263157894737, "fund_max_dd": -0.27913623429064505, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cwgix": {"sym": "cwgix", "name": "CAPITAL WORLD GROWTH & INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005295649387157745, "alpha_t_5y": -0.4024377755412209, "alpha_t_full": 4.269262342732834, "r2_5y": 0.9583629453802858, "r2_full": 5.551115123125783e-16, "corr_portfolio": 0.3455265621097431, "corr_benchmark": 0.5976259262526823, "alpha_pos_frac": 0.5605381165919282, "fund_max_dd": -0.5406273954586027, "first": "1993-03-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "cxhyx": {"sym": "cxhyx", "name": "Nomura National High-Yield Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.001692810370046654, "alpha_t_5y": 0.09001315641123613, "alpha_t_full": 6.216896724112668, "r2_5y": 0.4052257864276546, "r2_full": 8.881784197001252e-16, "corr_portfolio": 0.05541654463553314, "corr_benchmark": 0.35972360048557855, "alpha_pos_frac": 0.5953307392996109, "fund_max_dd": -0.21814596862872238, "first": "1996-06-21", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "cybax": {"sym": "cybax", "name": "Calvert High Yield Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0022977821278152774, "alpha_t_5y": -0.41331100071632576, "alpha_t_full": 2.177232514381936, "r2_5y": 0.9102413561082331, "r2_full": 0.6641453846452645, "corr_portfolio": 0.2903668700091865, "corr_benchmark": 0.47094654702161676, "alpha_pos_frac": 0.5202312138728323, "fund_max_dd": -0.3041131787534861, "first": "2001-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "czmgx": {"sym": "czmgx", "name": "Columbia Integrated Large Cap Growth Fund II", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.027511589911792138, "alpha_t_5y": -1.6120388371330538, "alpha_t_full": -1.201461795209821, "r2_5y": 0.9640363583694135, "r2_full": 0.9662715432574663, "corr_portfolio": 0.11409922483904655, "corr_benchmark": 0.6453034994261324, "alpha_pos_frac": 0.5181818181818182, "fund_max_dd": -0.3522679178989334, "first": "2017-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "czmsx": {"sym": "czmsx", "name": "Multi-Manager Small Cap Equity Strategies Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02151433452245592, "alpha_t_5y": -1.4827326889061718, "alpha_t_full": -0.7673926997498722, "r2_5y": 0.9742635338088821, "r2_full": 0.9775861673404711, "corr_portfolio": 0.2651823518503439, "corr_benchmark": 0.5719735967346525, "alpha_pos_frac": 0.5272727272727272, "fund_max_dd": -0.4156571769366513, "first": "2017-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "czmvx": {"sym": "czmvx", "name": "Multi-Manager Value Strategies Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -7.609071065594716e-06, "alpha_t_5y": -0.0004964458525896136, "alpha_t_full": 0.5857934648428721, "r2_5y": 0.9384666021247926, "r2_full": 0.9581696404079431, "corr_portfolio": 0.388798668971174, "corr_benchmark": 0.5577091562530161, "alpha_pos_frac": 0.5181818181818182, "fund_max_dd": -0.37423219651958606, "first": "2017-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "dagvx": {"sym": "dagvx", "name": "BNY Mellon Dynamic Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.041550329252488, "alpha_t_5y": 2.106284973269072, "alpha_t_full": 1.1253782984261864, "r2_5y": 0.910129873802371, "r2_full": 0.9103567481054946, "corr_portfolio": 0.3990619591523295, "corr_benchmark": 0.5025180335739345, "alpha_pos_frac": 0.4663677130044843, "fund_max_dd": -0.550402249445293, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "davpx": {"sym": "davpx", "name": "Davenport Core Leaders Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.021704424876793065, "alpha_t_5y": -1.2929862646875623, "alpha_t_full": 0.07422967509332185, "r2_5y": 0.9414720717923156, "r2_full": 0.947504917314395, "corr_portfolio": 0.26715307721690285, "corr_benchmark": 0.6143301770940472, "alpha_pos_frac": 0.4708171206225681, "fund_max_dd": -0.5180554947853084, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dbalx": {"sym": "dbalx", "name": "Davenport Balanced Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0002752222575518082, "alpha_t_5y": 0.023451539120395437, "alpha_t_full": 0.18827806059659366, "r2_5y": 0.8941171924898418, "r2_full": 0.9265541718038284, "corr_portfolio": 0.3587815708726959, "corr_benchmark": 0.6230696546604301, "alpha_pos_frac": 0.6065573770491803, "fund_max_dd": -0.2788811818902781, "first": "2016-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dbicx": {"sym": "dbicx", "name": "DWS Global Macro Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008958521689852273, "alpha_t_5y": -0.781548491843171, "alpha_t_full": -0.1580111206369707, "r2_5y": 0.844675487118287, "r2_full": 0.7865956066939078, "corr_portfolio": 0.30334616811530735, "corr_benchmark": 0.5034606122491824, "alpha_pos_frac": 0.6053811659192825, "fund_max_dd": -0.6394527499376437, "first": "2001-08-28", "verdict": "weak/unstable alpha", "alpha_name": true}, "dbmix": {"sym": "dbmix", "name": "BNY Mellon Bond Market Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0009927905299534352, "alpha_t_5y": -0.21515100179507393, "alpha_t_full": 5.061843105366477, "r2_5y": 0.9652301591861139, "r2_full": -6.661338147750939e-16, "corr_portfolio": -0.11772772706375804, "corr_benchmark": 0.6890964385787227, "alpha_pos_frac": 0.4797687861271676, "fund_max_dd": -0.19381479613484698, "first": "1994-04-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dboax": {"sym": "dboax", "name": "BNY Mellon Balanced Opportunity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01087810042326374, "alpha_t_5y": -1.1092097859328263, "alpha_t_full": -2.7428045096390687, "r2_5y": 0.9607615804713707, "r2_full": 0.9574071242476717, "corr_portfolio": 0.26024753055931127, "corr_benchmark": 0.6806589105482995, "alpha_pos_frac": 0.5474137931034483, "fund_max_dd": -0.42425501582744496, "first": "2004-02-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dccax": {"sym": "dccax", "name": "Nomura Small Cap Core Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010213712005567354, "alpha_t_5y": 0.5590415061198096, "alpha_t_full": 0.19974437716872917, "r2_5y": 0.9572466813195241, "r2_full": 0.8587095562774058, "corr_portfolio": 0.2797211782632119, "corr_benchmark": 0.5305667684501791, "alpha_pos_frac": 0.6470588235294118, "fund_max_dd": -0.6033743954451982, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dcpyx": {"sym": "dcpyx", "name": "BNY Mellon Core Plus Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004289429347387334, "alpha_t_5y": 0.8347756777268637, "alpha_t_full": -0.43216952971445827, "r2_5y": 0.9535810233014901, "r2_full": 0.873050039221247, "corr_portfolio": -0.016272728918928288, "corr_benchmark": 0.7194908855328394, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.1900828860903102, "first": "2010-12-07", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dcsvx": {"sym": "dcsvx", "name": "Dunham Small Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.023714674664141146, "alpha_t_5y": 0.9097294159148681, "alpha_t_full": -0.43878536847497523, "r2_5y": 0.909257981788177, "r2_full": 0.9272973688616087, "corr_portfolio": 0.3618114563621494, "corr_benchmark": 0.4841282647698109, "alpha_pos_frac": 0.5, "fund_max_dd": -0.6282930510334706, "first": "2004-12-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dcuax": {"sym": "dcuax", "name": "DWS CROCI U.S. Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013155635825317867, "alpha_t_5y": 0.5098007733705114, "alpha_t_full": -0.8488731327165226, "r2_5y": 0.85174044701647, "r2_full": 0.8839599734230728, "corr_portfolio": 0.3561586474358129, "corr_benchmark": 0.5562405727503742, "alpha_pos_frac": 0.48854961832061067, "fund_max_dd": -0.4190938206412135, "first": "2015-04-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dddax": {"sym": "dddax", "name": "13D Activist Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02025056611051434, "alpha_t_5y": -0.5458671563309999, "alpha_t_full": 0.14636845296440454, "r2_5y": 0.8039274293651604, "r2_full": 0.8454007688057258, "corr_portfolio": 0.29151716718119575, "corr_benchmark": 0.5391288980619449, "alpha_pos_frac": 0.5647058823529412, "fund_max_dd": -0.43831314666523946, "first": "2012-01-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "ddfax": {"sym": "ddfax", "name": "Nomura Floating Rate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.041914194133957305, "alpha_t_5y": 5.099297100814656, "alpha_t_full": 3.2160530812919763, "r2_5y": 0.4342608942813231, "r2_full": 0.44780502382667786, "corr_portfolio": 0.2782139573064615, "corr_benchmark": 0.21449920370657755, "alpha_pos_frac": 0.4375, "fund_max_dd": -0.1808905013062625, "first": "2010-03-01", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "ddiax": {"sym": "ddiax", "name": "Nomura Wealth Builder Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009976400248643658, "alpha_t_5y": 1.0996717470065709, "alpha_t_full": 2.41817778351011, "r2_5y": 0.9567454762289718, "r2_full": 0.8776756267553002, "corr_portfolio": 0.3564902135728801, "corr_benchmark": 0.6459200073292477, "alpha_pos_frac": 0.517948717948718, "fund_max_dd": -0.47216419966393997, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ddvax": {"sym": "ddvax", "name": "Nomura Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.026372303039450637, "alpha_t_5y": -1.166688796815623, "alpha_t_full": -0.13215931942945164, "r2_5y": 0.861502206015113, "r2_full": 0.8710714508118008, "corr_portfolio": 0.3988104415560527, "corr_benchmark": 0.5172182781884438, "alpha_pos_frac": 0.5680933852140078, "fund_max_dd": -0.5373544319118111, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dedax": {"sym": "dedax", "name": "Nomura Emerging Markets Debt Corporate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012962857605108947, "alpha_t_5y": -1.0358914482895578, "alpha_t_full": 2.5366109605285576, "r2_5y": 0.48029315441583487, "r2_full": 0.5061293717113164, "corr_portfolio": 0.2547809871673848, "corr_benchmark": 0.4115065436045657, "alpha_pos_frac": 0.5838926174496645, "fund_max_dd": -0.20320790845836378, "first": "2013-10-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "deeax": {"sym": "deeax", "name": "Nomura Extended Duration Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010191069813289213, "alpha_t_5y": -1.165107729436209, "alpha_t_full": 3.3494631938672828, "r2_5y": 0.9667369564090277, "r2_full": 6.661338147750939e-16, "corr_portfolio": -0.03530938114328294, "corr_benchmark": 0.737169557947635, "alpha_pos_frac": 0.4393063583815029, "fund_max_dd": -0.3467735164930591, "first": "1998-09-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "deffx": {"sym": "deffx", "name": "Nomura Tax-Free Minnesota Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0018717910987163869, "alpha_t_5y": 0.12435193144419887, "alpha_t_full": 6.105596372538581, "r2_5y": 0.3683238184226155, "r2_full": -1.9984014443252818e-15, "corr_portfolio": 0.0347045108061029, "corr_benchmark": 0.33993463840610777, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.14700191331347756, "first": "1996-06-21", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "deggx": {"sym": "deggx", "name": "Nomura Strategic Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006735207387590808, "alpha_t_5y": 0.8164310865590094, "alpha_t_full": 6.329763008131486, "r2_5y": 0.7503725703680424, "r2_full": -3.1086244689504383e-15, "corr_portfolio": 0.16807549200539695, "corr_benchmark": 0.5578936077181569, "alpha_pos_frac": 0.4262948207171315, "fund_max_dd": -0.1679588222682863, "first": "1996-06-21", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "delix": {"sym": "delix", "name": "Nomura Tax-Free Pennsylvania Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006783515096579566, "alpha_t_5y": 0.3954484444107668, "alpha_t_full": 5.6969749684743425, "r2_5y": 0.39706378418655985, "r2_full": -1.3322676295501878e-15, "corr_portfolio": 0.03155382856600083, "corr_benchmark": 0.35795300442927824, "alpha_pos_frac": 0.5895953757225434, "fund_max_dd": -0.17299409643230312, "first": "1996-06-21", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "demax": {"sym": "demax", "name": "Nomura Emerging Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.09054438404570825, "alpha_t_5y": 1.1549450738947462, "alpha_t_full": 3.1254808097167213, "r2_5y": 0.613582669571339, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.24401351630599663, "corr_benchmark": 0.40265047451725144, "alpha_pos_frac": 0.4125560538116592, "fund_max_dd": -0.6322706754654585, "first": "1996-06-11", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "deopx": {"sym": "deopx", "name": "Davenport Equity Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0422386317866778, "alpha_t_5y": -1.326209561373008, "alpha_t_full": -0.6019890751493795, "r2_5y": 0.8390975724841188, "r2_full": 0.8797891604858035, "corr_portfolio": 0.2572406006709522, "corr_benchmark": 0.6060807106177574, "alpha_pos_frac": 0.5769230769230769, "fund_max_dd": -0.37757335513903734, "first": "2011-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "deqax": {"sym": "deqax", "name": "BNY Mellon Global Equity Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02334274121558905, "alpha_t_5y": 1.1953615691330124, "alpha_t_full": 1.2901405261931231, "r2_5y": 0.8674081987864978, "r2_full": 0.8744209317739196, "corr_portfolio": 0.4143968153077278, "corr_benchmark": 0.552164118154381, "alpha_pos_frac": 0.5136363636363637, "fund_max_dd": -0.5285464529052734, "first": "2007-10-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dessx": {"sym": "dessx", "name": "DWS Enhanced Core Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014755853730983447, "alpha_t_5y": 1.4212454409113935, "alpha_t_full": -0.43734660607659875, "r2_5y": 0.9789026860557892, "r2_full": 0.9410278894879079, "corr_portfolio": 0.26947614275456194, "corr_benchmark": 0.5927596374182127, "alpha_pos_frac": 0.5748987854251012, "fund_max_dd": -0.5821335574744276, "first": "2005-08-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "devlx": {"sym": "devlx", "name": "Nomura Small Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014187568041301077, "alpha_t_5y": 0.5408365966590558, "alpha_t_full": 3.39032274152101, "r2_5y": 0.9131426547828262, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.36246876752111673, "corr_benchmark": 0.47796694714956156, "alpha_pos_frac": 0.48878923766816146, "fund_max_dd": -0.6008127858495343, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dfac": {"sym": "dfac", "name": "Dimensional U.S. Core Equity 2 ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0033185230432256764, "alpha_t_5y": 0.3963931186837382, "alpha_t_full": 0.3963931186837382, "r2_5y": 0.9875241027327598, "r2_full": 0.9875241027327598, "corr_portfolio": 0.16747873728248439, "corr_benchmark": 0.6548113823430975, "alpha_pos_frac": 0.5087719298245614, "fund_max_dd": -0.23113958654472233, "first": "2021-06-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dfas": {"sym": "dfas", "name": "Dimensional U.S. Small Cap ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0178976792102959, "alpha_t_5y": 1.0709699411325257, "alpha_t_full": 1.0709699411325257, "r2_5y": 0.9664043697047044, "r2_full": 0.9664043697047044, "corr_portfolio": 0.18879371269858014, "corr_benchmark": 0.5775836572097001, "alpha_pos_frac": 0.47368421052631576, "fund_max_dd": -0.26129853679353865, "first": "2021-06-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dfat": {"sym": "dfat", "name": "Dimensional U.S. Targeted Value ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03998926276655368, "alpha_t_5y": 1.4946678211217461, "alpha_t_full": 1.4946678211217461, "r2_5y": 0.9184613640420478, "r2_full": 0.9184613640420478, "corr_portfolio": 0.2707254645063862, "corr_benchmark": 0.5209493781776272, "alpha_pos_frac": 0.47368421052631576, "fund_max_dd": -0.26116933725218905, "first": "2021-06-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dfeox": {"sym": "dfeox", "name": "U.S. CORE EQUITY 1 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005743963030147421, "alpha_t_5y": 0.8847892278798363, "alpha_t_full": 1.2759101525563108, "r2_5y": 0.9915758534890151, "r2_full": 0.9631788625780257, "corr_portfolio": 0.30463920703149805, "corr_benchmark": 0.5665994340119563, "alpha_pos_frac": 0.5276595744680851, "fund_max_dd": -0.5677201057180712, "first": "2005-09-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dffvx": {"sym": "dffvx", "name": "U.S. Targeted Value Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.05192080662831633, "alpha_t_5y": 2.0191713750499916, "alpha_t_full": 1.799884681146203, "r2_5y": 0.9203655372465399, "r2_full": 0.9069742182198998, "corr_portfolio": 0.3561392477750663, "corr_benchmark": 0.4342961375901443, "alpha_pos_frac": 0.4553191489361702, "fund_max_dd": -0.6513103748708418, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dflax": {"sym": "dflax", "name": "BNY Mellon Floating Rate Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.028600230366250597, "alpha_t_5y": 3.624539313567535, "alpha_t_full": 4.329482107135524, "r2_5y": 0.31741080803543786, "r2_full": 0.5009004741886638, "corr_portfolio": 0.31587241732489957, "corr_benchmark": 0.24736221127793148, "alpha_pos_frac": 0.5302013422818792, "fund_max_dd": -0.1895822666532624, "first": "2013-09-30", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "dflex": {"sym": "dflex", "name": "DoubleLine Flexible Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.028406724392914213, "alpha_t_5y": 5.4419309306895505, "alpha_t_full": 4.164005626245614, "r2_5y": 0.565999355697792, "r2_full": 0.4185955200621432, "corr_portfolio": 0.16057088019139903, "corr_benchmark": 0.37341032895821474, "alpha_pos_frac": 0.6013986013986014, "fund_max_dd": -0.172953786181673, "first": "2014-04-10", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "dfqtx": {"sym": "dfqtx", "name": "U.S. CORE EQUITY 2 PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007800259117753435, "alpha_t_5y": 1.0036779907103788, "alpha_t_full": 1.2323779213704864, "r2_5y": 0.9880739050662481, "r2_full": 0.959521934101207, "corr_portfolio": 0.31206193350712147, "corr_benchmark": 0.5533855720079288, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.5935120770438427, "first": "2005-09-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dfrex": {"sym": "dfrex", "name": "DFA REAL ESTATE SECURITIES PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008486825591755849, "alpha_t_5y": 1.2617747845659293, "alpha_t_full": 2.828169004334834, "r2_5y": 0.9924521235020608, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.22431609337800076, "corr_benchmark": 0.5390872797266717, "alpha_pos_frac": 0.43352601156069365, "fund_max_dd": -0.7435856892153729, "first": "1993-01-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dfstx": {"sym": "dfstx", "name": "U.S. SMALL CAP PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.025946965322963984, "alpha_t_5y": 1.588029621231152, "alpha_t_full": 3.4453161622368738, "r2_5y": 0.9648194718403937, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.30651412729276556, "corr_benchmark": 0.4844811662416213, "alpha_pos_frac": 0.48627450980392156, "fund_max_dd": -0.609940920452767, "first": "1992-03-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dfsvx": {"sym": "dfsvx", "name": "U.S. SMALL CAP VALUE PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.05760642062969535, "alpha_t_5y": 2.127016196408087, "alpha_t_full": 3.5610367143044312, "r2_5y": 0.9120905333803518, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.3541278112011921, "corr_benchmark": 0.425867242120258, "alpha_pos_frac": 0.44680851063829785, "fund_max_dd": -0.6670292066979779, "first": "1993-03-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dfusx": {"sym": "dfusx", "name": "U.S. LARGE COMPANY PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0009914621692480013, "alpha_t_5y": 0.19309930130657227, "alpha_t_full": 0.10894801897732415, "r2_5y": 0.9946848359395642, "r2_full": 0.9817714194218655, "corr_portfolio": 0.28268444464424947, "corr_benchmark": 0.6152884362612918, "alpha_pos_frac": 0.5372168284789643, "fund_max_dd": -0.5495964160160751, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dfvex": {"sym": "dfvex", "name": "U.S. VECTOR EQUITY PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011632792281751035, "alpha_t_5y": 0.8234395540831263, "alpha_t_full": 1.4492067825957802, "r2_5y": 0.9661189823125828, "r2_full": 0.9488028338949345, "corr_portfolio": 0.34908907495294184, "corr_benchmark": 0.49565547725828896, "alpha_pos_frac": 0.4851063829787234, "fund_max_dd": -0.6271446828981191, "first": "2006-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dgagx": {"sym": "dgagx", "name": "BNY Mellon Appreciation Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04744405185685411, "alpha_t_5y": -2.950849828450629, "alpha_t_full": 3.77798319986986, "r2_5y": 0.9471978526860083, "r2_full": 0.0, "corr_portfolio": 0.2534308050139968, "corr_benchmark": 0.619725330700004, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.4880058138124963, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dgcax": {"sym": "dgcax", "name": "Nomura Corporate Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006324309595359236, "alpha_t_5y": -1.0878685994525508, "alpha_t_full": 4.865821346719446, "r2_5y": 0.9524245184144187, "r2_full": 7.771561172376096e-16, "corr_portfolio": 0.02335937417244287, "corr_benchmark": 0.7199018585340871, "alpha_pos_frac": 0.4913294797687861, "fund_max_dd": -0.23176997002078337, "first": "1998-09-16", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "dhmbx": {"sym": "dhmbx", "name": "BNY Mellon High Yield Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0002771001821895039, "alpha_t_5y": -0.014529822769043283, "alpha_t_full": 0.7353029284890574, "r2_5y": 0.392177775830139, "r2_full": 0.300333819008481, "corr_portfolio": 0.06541736603955979, "corr_benchmark": 0.3439629956282137, "alpha_pos_frac": 0.5895953757225434, "fund_max_dd": -0.27661284244412654, "first": "2005-10-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "dhtax": {"sym": "dhtax", "name": "Diamond Hill Select Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010286101720052896, "alpha_t_5y": 0.29095139178166085, "alpha_t_full": 0.504899184954585, "r2_5y": 0.8354394853462556, "r2_full": 0.880256877071824, "corr_portfolio": 0.34241889613018117, "corr_benchmark": 0.5103401976028332, "alpha_pos_frac": 0.4834710743801653, "fund_max_dd": -0.5142129870665421, "first": "2006-01-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "dial": {"sym": "dial", "name": "Columbia Diversified Fixed Income Allocation ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01779592754661891, "alpha_t_5y": -1.8118403516790604, "alpha_t_full": -0.3478843876177707, "r2_5y": 0.8820185472895994, "r2_full": 0.6571530305677018, "corr_portfolio": 0.051727050486643424, "corr_benchmark": 0.6713931743073369, "alpha_pos_frac": 0.51, "fund_max_dd": -0.22186745794811102, "first": "2017-10-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dibax": {"sym": "dibax", "name": "BNY Mellon International Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.016084421355358522, "alpha_t_5y": -1.255661127520654, "alpha_t_full": 0.009112773542115085, "r2_5y": 0.8257389758562138, "r2_full": 0.6477109379529071, "corr_portfolio": 0.06975656000439666, "corr_benchmark": 0.414924029102727, "alpha_pos_frac": 0.4349775784753363, "fund_max_dd": -0.3099498897274241, "first": "2006-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "difax": {"sym": "difax", "name": "MFS Diversified Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0007242113326169416, "alpha_t_5y": 0.1032694900725035, "alpha_t_full": -0.00015137256732595007, "r2_5y": 0.9369388051120815, "r2_full": 0.9453956827386147, "corr_portfolio": 0.33920779248964134, "corr_benchmark": 0.694429298012178, "alpha_pos_frac": 0.5527426160337553, "fund_max_dd": -0.35241227466974046, "first": "2006-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "diisx": {"sym": "diisx", "name": "BNY Mellon International Stock Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0015510896048828316, "alpha_t_5y": 0.08357917766730465, "alpha_t_full": 0.8281591213898534, "r2_5y": 0.9220987881685192, "r2_full": 0.8472068427922702, "corr_portfolio": 0.38436017062138594, "corr_benchmark": 0.5241935899711841, "alpha_pos_frac": 0.512396694214876, "fund_max_dd": -0.605981406407339, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "disax": {"sym": "disax", "name": "BNY Mellon International Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07812415988543833, "alpha_t_5y": -2.7885819935543625, "alpha_t_full": -1.205691088439532, "r2_5y": 0.8339992380607587, "r2_full": 0.847729850910793, "corr_portfolio": 0.2685181245126496, "corr_benchmark": 0.5536056275775565, "alpha_pos_frac": 0.591304347826087, "fund_max_dd": -0.45847016832989185, "first": "2007-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "dissx": {"sym": "dissx", "name": "BNY Mellon Smallcap Stock Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014243954213642667, "alpha_t_5y": 0.7084644466315528, "alpha_t_full": 1.3619954675248913, "r2_5y": 0.951181508138551, "r2_full": 0.9526668960415876, "corr_portfolio": 0.30841779164833555, "corr_benchmark": 0.5162245215448675, "alpha_pos_frac": 0.48627450980392156, "fund_max_dd": -0.5829664061874964, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ditex": {"sym": "ditex", "name": "BNY Mellon Intermediate Municipal Bond Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0032251923173837135, "alpha_t_5y": 0.32342359815370453, "alpha_t_full": 8.164428737096845, "r2_5y": 0.37450327644765036, "r2_full": 0.0, "corr_portfolio": 0.03340548286177864, "corr_benchmark": 0.3403893421352578, "alpha_pos_frac": 0.5265017667844523, "fund_max_dd": -0.11677739954810062, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "divhx": {"sym": "divhx", "name": "Cutler Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01373361342416848, "alpha_t_5y": 0.2228921887764687, "alpha_t_full": 0.22387892265403458, "r2_5y": 0.4469583947504071, "r2_full": 0.4536630537555546, "corr_portfolio": 0.17297900516203735, "corr_benchmark": 0.41060670265789856, "alpha_pos_frac": 0.484375, "fund_max_dd": -0.3315026878953691, "first": "2020-10-29", "verdict": "weak/unstable alpha", "alpha_name": false}, "dlhax": {"sym": "dlhax", "name": "Nomura Healthcare Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016859386688050263, "alpha_t_5y": 0.3484929671630248, "alpha_t_full": 2.390627694753001, "r2_5y": 0.501737953245766, "r2_full": 0.690179889824949, "corr_portfolio": 0.22129741856273794, "corr_benchmark": 0.49133203243323836, "alpha_pos_frac": 0.5067873303167421, "fund_max_dd": -0.3464478511220901, "first": "2007-10-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "dlqax": {"sym": "dlqax", "name": "BNY Mellon Large Cap Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03821567463390154, "alpha_t_5y": -2.7040759825016787, "alpha_t_full": -0.5678022842163231, "r2_5y": 0.9627731433401128, "r2_full": 0.9328089917663408, "corr_portfolio": 0.2684712043554961, "corr_benchmark": 0.5973101938487969, "alpha_pos_frac": 0.543859649122807, "fund_max_dd": -0.6084888570091624, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "dmszx": {"sym": "dmszx", "name": "Destinations Multi Strategy Alternatives Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.033133369430583086, "alpha_t_5y": 3.4731356626798315, "alpha_t_full": 2.537079157986993, "r2_5y": 0.5658661130101695, "r2_full": 0.6183622430517614, "corr_portfolio": 0.27114533278059666, "corr_benchmark": 0.4543087195661785, "alpha_pos_frac": 0.46153846153846156, "fund_max_dd": -0.2111802646567632, "first": "2018-07-19", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": true}, "dmtfx": {"sym": "dmtfx", "name": "Nomura Tax-Free USA Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0015972537834982713, "alpha_t_5y": -0.07892471126759609, "alpha_t_full": 4.810449300228083, "r2_5y": 0.4192296053090052, "r2_full": 1.3322676295501878e-15, "corr_portfolio": 0.036736675334167974, "corr_benchmark": 0.382730787321019, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.2191387404769738, "first": "1996-06-21", "verdict": "weak/unstable alpha", "alpha_name": false}, "dmuax": {"sym": "dmuax", "name": "BNY Mellon AMT-Free Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002156309669307026, "alpha_t_5y": 0.16780938679184762, "alpha_t_full": 1.4858743044731042, "r2_5y": 0.370057844219133, "r2_full": 0.3041827222625402, "corr_portfolio": 0.03746674191228839, "corr_benchmark": 0.3457160976637616, "alpha_pos_frac": 0.5525291828793775, "fund_max_dd": -0.14361555473881005, "first": "2003-04-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "dmusx": {"sym": "dmusx", "name": "Nomura Tax-Free USA Intermediate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0021848553130692856, "alpha_t_5y": 0.15689089607979162, "alpha_t_full": 6.3385751264708246, "r2_5y": 0.40415100802611026, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.034201496748888525, "corr_benchmark": 0.359683317496382, "alpha_pos_frac": 0.5722543352601156, "fund_max_dd": -0.16399318464431345, "first": "1996-06-21", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "dnlax": {"sym": "dnlax", "name": "BNY Mellon Natural Resources Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0004073307092559654, "alpha_t_5y": 0.007367669204971283, "alpha_t_full": 1.0114236772578198, "r2_5y": 0.7406702534396785, "r2_full": 0.6610573568542131, "corr_portfolio": 0.40808297282880157, "corr_benchmark": 0.3925872954677195, "alpha_pos_frac": 0.3991031390134529, "fund_max_dd": -0.6914119234571507, "first": "2003-11-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "dnldx": {"sym": "dnldx", "name": "BNY Mellon Active MidCap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0029731348255590965, "alpha_t_5y": 0.16091812578034106, "alpha_t_full": 3.3964325858693187, "r2_5y": 0.9412390088467035, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.3173049122582174, "corr_benchmark": 0.5900722027722836, "alpha_pos_frac": 0.5680933852140078, "fund_max_dd": -0.6369021190727286, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "domix": {"sym": "domix", "name": "Domini Impact International Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002074486369211233, "alpha_t_5y": 0.1073373807556698, "alpha_t_full": -0.8663787675864414, "r2_5y": 0.9174453682327193, "r2_full": 0.8634292118303811, "corr_portfolio": 0.38584491300828866, "corr_benchmark": 0.5134959550669821, "alpha_pos_frac": 0.5435897435897435, "fund_max_dd": -0.6503433920226953, "first": "2006-12-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dpcfx": {"sym": "dpcfx", "name": "Nomura Diversified Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009827995765921152, "alpha_t_5y": -1.7573068717890346, "alpha_t_full": -0.3963947957386501, "r2_5y": 0.9482988236237405, "r2_full": 0.38187509130722885, "corr_portfolio": -0.009656929667627531, "corr_benchmark": 0.7216922354923229, "alpha_pos_frac": 0.5260115606936416, "fund_max_dd": -0.2062761957149597, "first": "2002-10-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "dpiax": {"sym": "dpiax", "name": "Destra Flaherty & Crumrine Preferred and Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.053313377151672156, "alpha_t_5y": 2.7149326228966277, "alpha_t_full": 2.4354163232402137, "r2_5y": 0.4254041825379421, "r2_full": 0.49347561710686305, "corr_portfolio": 0.2620759028493733, "corr_benchmark": 0.4467454568168038, "alpha_pos_frac": 0.5028901734104047, "fund_max_dd": -0.2992446170973274, "first": "2011-04-13", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "dpltx": {"sym": "dpltx", "name": "BNY Mellon High Yield Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003255832784294117, "alpha_t_5y": -0.4071015550497357, "alpha_t_full": 4.706119146469426, "r2_5y": 0.8522889836982803, "r2_full": -1.3322676295501878e-15, "corr_portfolio": 0.3045541105076022, "corr_benchmark": 0.43779467998861443, "alpha_pos_frac": 0.4879725085910653, "fund_max_dd": -0.28790903609103113, "first": "1997-06-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dprex": {"sym": "dprex", "name": "Nomura Global Listed Real Assets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004575627351517898, "alpha_t_5y": 0.28722101132743744, "alpha_t_full": 2.9398288050478354, "r2_5y": 0.8662873113436009, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.3218496306006807, "corr_benchmark": 0.5589713649605147, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.7112247909054027, "first": "1995-11-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dqiax": {"sym": "dqiax", "name": "BNY Mellon Equity Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020373165162797403, "alpha_t_5y": 1.4280882453151071, "alpha_t_full": 0.7483947456466892, "r2_5y": 0.9531424708072186, "r2_full": 0.9566651324766597, "corr_portfolio": 0.3479695908320923, "corr_benchmark": 0.5885668263927838, "alpha_pos_frac": 0.5191489361702127, "fund_max_dd": -0.5097112787662614, "first": "2006-07-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "drcax": {"sym": "drcax", "name": "BNY Mellon California AMT-Free Municipal Bond Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0007666573005541194, "alpha_t_5y": 0.0599765686942929, "alpha_t_full": 6.392811725057247, "r2_5y": 0.41297405738165105, "r2_full": 2.55351295663786e-15, "corr_portfolio": 0.034329131261950294, "corr_benchmark": 0.3639811993788901, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.15388195815049344, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "drcvx": {"sym": "drcvx", "name": "COMSTOCK CAPITAL VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02809901571740159, "alpha_t_5y": 2.111689500738219, "alpha_t_full": -2.1180602781760673, "r2_5y": 0.43997707341603776, "r2_full": 4.440892098500626e-16, "corr_portfolio": -0.15244119638974044, "corr_benchmark": -0.11068108122953976, "alpha_pos_frac": 0.44329896907216493, "fund_max_dd": -0.9668306570465114, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "dregx": {"sym": "dregx", "name": "DRIEHAUS EMERGING MARKETS GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.018990192398031496, "alpha_t_5y": -0.6693457064545, "alpha_t_full": 2.3293726111160926, "r2_5y": 0.8561302976974396, "r2_full": 0.34428434905661776, "corr_portfolio": 0.2924649406410685, "corr_benchmark": 0.46803941523495624, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.6543917964938011, "first": "1999-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dreqx": {"sym": "dreqx", "name": "BNY Mellon Research Growth Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.053128733863620166, "alpha_t_5y": -2.055459709064311, "alpha_t_full": 3.3386946059257125, "r2_5y": 0.9332948806130833, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.12725585195737063, "corr_benchmark": 0.6154249836225658, "alpha_pos_frac": 0.47572815533980584, "fund_max_dd": -0.5201892772112281, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "drevx": {"sym": "drevx", "name": "BNY Mellon Large Cap Securities Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010323541554385134, "alpha_t_5y": -0.6738515964150399, "alpha_t_full": 3.3980743423105197, "r2_5y": 0.9615891297705789, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.2541088104083007, "corr_benchmark": 0.6029482922964576, "alpha_pos_frac": 0.5258620689655172, "fund_max_dd": -0.546778014744478, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "drlix": {"sym": "drlix", "name": "BNY Mellon Developed Markets Real Estate Securities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00718207454249549, "alpha_t_5y": -0.404322052154902, "alpha_t_full": -1.4960817381210172, "r2_5y": 0.9307933294532229, "r2_full": 0.9136846755454687, "corr_portfolio": 0.29432039074532024, "corr_benchmark": 0.5896873656579755, "alpha_pos_frac": 0.5112107623318386, "fund_max_dd": -0.6797366464600246, "first": "2007-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "drnjx": {"sym": "drnjx", "name": "BNY Mellon New Jersey Municipal Bond Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0006997120656346468, "alpha_t_5y": 0.05281205818877172, "alpha_t_full": 6.972568873774931, "r2_5y": 0.3733906353296197, "r2_full": 1.2212453270876722e-15, "corr_portfolio": 0.03351997154967943, "corr_benchmark": 0.3490311532860499, "alpha_pos_frac": 0.5642023346303502, "fund_max_dd": -0.14480176413599744, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "drrax": {"sym": "drrax", "name": "BNY Mellon Global Real Return Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": 0.2067529835369513, "r2_5y": NaN, "r2_full": 0.6736425116088385, "corr_portfolio": 0.4427608420456678, "corr_benchmark": 0.600649061594668, "alpha_pos_frac": 0.4603174603174603, "fund_max_dd": -0.15954052131449503, "first": "2010-05-13", "verdict": "no 5y window", "alpha_name": true}, "dscpx": {"sym": "dscpx", "name": "Davenport Small Cap Focus Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.033367313176834536, "alpha_t_5y": -1.010919908880988, "alpha_t_full": 0.38754128661193366, "r2_5y": 0.8410248722311553, "r2_full": 0.8651190811736287, "corr_portfolio": 0.2565656977420842, "corr_benchmark": 0.5513194352597292, "alpha_pos_frac": 0.5746268656716418, "fund_max_dd": -0.41992677064757566, "first": "2015-01-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "dsibx": {"sym": "dsibx", "name": "BNY Mellon Short Term Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008515595518795384, "alpha_t_5y": 1.730254601494266, "alpha_t_full": 10.955035197565307, "r2_5y": 0.3025084908139921, "r2_full": 8.881784197001252e-16, "corr_portfolio": 0.042088645703269444, "corr_benchmark": 0.2739841382499099, "alpha_pos_frac": 0.5123674911660777, "fund_max_dd": -0.05924076451734317, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "dspix": {"sym": "dspix", "name": "BNY Mellon Institutional S&P 500 Stock Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0002599807916688486, "alpha_t_5y": -0.04229688474301563, "alpha_t_full": -0.07723845454491288, "r2_5y": 0.9923992259801443, "r2_full": 0.9796570470739399, "corr_portfolio": 0.27933354213830136, "corr_benchmark": 0.6165400903951814, "alpha_pos_frac": 0.48220064724919093, "fund_max_dd": -0.5531542458373537, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dstix": {"sym": "dstix", "name": "BNY Mellon Short Term Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.012825218461286493, "alpha_t_5y": 2.5859378471967895, "alpha_t_full": 8.148950086079271, "r2_5y": 0.7754012958315166, "r2_full": 5.218048215738236e-15, "corr_portfolio": 0.06714814425872993, "corr_benchmark": 0.49263164043081403, "alpha_pos_frac": 0.44508670520231214, "fund_max_dd": -0.08591386879643392, "first": "1992-08-19", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "dtcax": {"sym": "dtcax", "name": "BNY Mellon Sustainable U.S. Equity Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02776726608289761, "alpha_t_5y": -1.9134557003312158, "alpha_t_full": -2.4267333600409193, "r2_5y": 0.9622060247359655, "r2_full": 0.9465376924371556, "corr_portfolio": 0.24616118011124877, "corr_benchmark": 0.61508306985, "alpha_pos_frac": 0.5404255319148936, "fund_max_dd": -0.644111222865915, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dtgrx": {"sym": "dtgrx", "name": "BNY Mellon Technology Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02812217257942316, "alpha_t_5y": -0.836577680453762, "alpha_t_full": -0.2959155391144827, "r2_5y": 0.9269897599459976, "r2_full": 0.8711618588083082, "corr_portfolio": 0.08230918368104896, "corr_benchmark": 0.5716362418983703, "alpha_pos_frac": 0.4701195219123506, "fund_max_dd": -0.8323281591115329, "first": "1999-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dtlgx": {"sym": "dtlgx", "name": "LARGE COMPANY GROWTH PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.027558138265557773, "alpha_t_5y": -1.3713524370153765, "alpha_t_full": 3.542501105429648, "r2_5y": 0.9524056663572912, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.155855961606925, "corr_benchmark": 0.583197759067117, "alpha_pos_frac": 0.5214007782101168, "fund_max_dd": -0.5584415867898354, "first": "1992-10-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dultx": {"sym": "dultx", "name": "Nomura Ultrashort Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.015514833043040351, "alpha_t_5y": 2.9267646517808714, "alpha_t_full": 5.963531155924488, "r2_5y": 0.271179656890306, "r2_full": 0.22338386293363166, "corr_portfolio": 0.10322573220202592, "corr_benchmark": 0.11225008197521752, "alpha_pos_frac": 0.4666666666666667, "fund_max_dd": -0.054335432014206875, "first": "2016-03-08", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "dura": {"sym": "dura", "name": "VanEck Durable High Dividend ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010791615682725061, "alpha_t_5y": 0.3235541737822752, "alpha_t_full": 0.34621597931534404, "r2_5y": 0.6507339614776982, "r2_full": 0.7955404618005479, "corr_portfolio": 0.35947040355437215, "corr_benchmark": 0.49885233979163407, "alpha_pos_frac": 0.5113636363636364, "fund_max_dd": -0.33145309656420685, "first": "2018-11-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "durpx": {"sym": "durpx", "name": "U.S. High Relative Profitability Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0024246095078497803, "alpha_t_5y": -0.16230495688347746, "alpha_t_full": 0.9460361246598118, "r2_5y": 0.9490603443538893, "r2_full": 0.7016456662509637, "corr_portfolio": 0.23017095661758966, "corr_benchmark": 0.5890524088113159, "alpha_pos_frac": 0.47619047619047616, "fund_max_dd": -0.3101604741821373, "first": "2017-05-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dusa": {"sym": "dusa", "name": "Davis Select U.S. Equity ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016561986825477736, "alpha_t_5y": 0.47986294139182184, "alpha_t_full": 0.5679038662151014, "r2_5y": 0.7998078680453055, "r2_full": 0.8327524472695883, "corr_portfolio": 0.3048620383627722, "corr_benchmark": 0.5419894985594372, "alpha_pos_frac": 0.5779816513761468, "fund_max_dd": -0.3670695856081796, "first": "2017-01-13", "verdict": "weak/unstable alpha", "alpha_name": false}, "dvipx": {"sym": "dvipx", "name": "Davenport Value & Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013755787189088405, "alpha_t_5y": -0.7420935153460833, "alpha_t_full": 0.5539367165544985, "r2_5y": 0.897586827715658, "r2_full": 0.9348160818733877, "corr_portfolio": 0.38346202984370553, "corr_benchmark": 0.559510547048988, "alpha_pos_frac": 0.5054945054945055, "fund_max_dd": -0.3840182641707547, "first": "2011-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dvmhx": {"sym": "dvmhx", "name": "Nomura Minnesota High-Yield Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006742503368722792, "alpha_t_5y": 0.42247343589282477, "alpha_t_full": 6.089902168813711, "r2_5y": 0.3724765724766218, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.049883532401377446, "corr_benchmark": 0.33974367856511606, "alpha_pos_frac": 0.5895953757225434, "fund_max_dd": -0.1573915043888543, "first": "1996-06-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "dvrkx": {"sym": "dvrkx", "name": "MFS Global Alternative Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03588287341918375, "alpha_t_5y": -2.5601792923871005, "alpha_t_full": 0.11825277390891355, "r2_5y": 0.698298629153074, "r2_full": 0.598689458825495, "corr_portfolio": 0.28939483231244806, "corr_benchmark": 0.528260982200822, "alpha_pos_frac": 0.44036697247706424, "fund_max_dd": -0.36526493436948204, "first": "2007-12-20", "verdict": "weak/unstable alpha", "alpha_name": true}, "dvrux": {"sym": "dvrux", "name": "UBS US Dividend Ruler Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003111601130057287, "alpha_t_5y": 0.16725479836717647, "alpha_t_full": 0.14620086704358182, "r2_5y": 0.9082327374722615, "r2_full": 0.9106268568307392, "corr_portfolio": 0.19992630810397963, "corr_benchmark": 0.6236122961622179, "alpha_pos_frac": 0.5, "fund_max_dd": -0.19057961597769368, "first": "2020-07-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dvtax": {"sym": "dvtax", "name": "Nomura Tax-Free California Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002044004502731558, "alpha_t_5y": 0.11451389175285667, "alpha_t_full": 5.951389278636239, "r2_5y": 0.41278995319274514, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.03034395265203771, "corr_benchmark": 0.381125863100558, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.18377893301306059, "first": "1995-03-02", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "dwas": {"sym": "dwas", "name": "Invesco Dorsey Wright SmallCap Momentum ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01620736880492704, "alpha_t_5y": -0.3815967345769216, "alpha_t_full": -0.31479969797736723, "r2_5y": 0.8626158024873801, "r2_full": 0.8503754796894405, "corr_portfolio": 0.23412808528516077, "corr_benchmark": 0.5115177118320464, "alpha_pos_frac": 0.49079754601226994, "fund_max_dd": -0.46164202155985146, "first": "2012-07-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dxhyx": {"sym": "dxhyx", "name": "DIREXION MONTHLY HIGH YIELD BULL 1.2X FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03973104299671163, "alpha_t_5y": -2.5256993852942085, "alpha_t_full": -2.6947795089459814, "r2_5y": 0.7949344599426208, "r2_full": 0.7796557132818276, "corr_portfolio": 0.23914444356402656, "corr_benchmark": 0.649509388155997, "alpha_pos_frac": 0.43333333333333335, "fund_max_dd": -0.2639900428798184, "first": "2016-02-18", "verdict": "weak/unstable alpha", "alpha_name": false}, "dxklx": {"sym": "dxklx", "name": "Direxion Monthly 7-10 Year Treasury Bull 1.75X Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05327742592060944, "alpha_t_5y": -9.813571161137762, "alpha_t_full": -4.83618690411671, "r2_5y": 0.9912927502022926, "r2_full": 0.9494617500222639, "corr_portfolio": -0.1957721594969771, "corr_benchmark": 0.6164582690638762, "alpha_pos_frac": 0.6046511627906976, "fund_max_dd": -0.4764276570083107, "first": "2005-04-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dxksx": {"sym": "dxksx", "name": "Direxion Monthly 7-10 Year Treasury Bear 1.75X Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.05037710080444283, "alpha_t_5y": 6.975249604266987, "alpha_t_full": 3.413848991601011, "r2_5y": 0.9899402650949395, "r2_full": 0.9144876769034488, "corr_portfolio": 0.1950823168815919, "corr_benchmark": -0.6028588758320356, "alpha_pos_frac": 0.4381443298969072, "fund_max_dd": -0.8423255545801098, "first": "2004-05-21", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "dxnlx": {"sym": "dxnlx", "name": "Direxion Monthly NASDAQ-100(R) Bull 1.25X Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0310539956402633, "alpha_t_5y": -2.595293466647759, "alpha_t_full": 1.6637506590409845, "r2_5y": 0.9902857912195554, "r2_full": 0.8077546805725211, "corr_portfolio": 0.08683276086212995, "corr_benchmark": 0.5740753526707119, "alpha_pos_frac": 0.0847457627118644, "fund_max_dd": -0.43773529004162626, "first": "2016-04-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eaalx": {"sym": "eaalx", "name": "Eaton Vance Atlanta Capital Focused Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03696901265752422, "alpha_t_5y": -1.1317929490686065, "alpha_t_full": -0.5826290070124512, "r2_5y": 0.7866560992304283, "r2_full": 0.8655735216102656, "corr_portfolio": 0.2230849197328193, "corr_benchmark": 0.5984765949694, "alpha_pos_frac": 0.5086206896551724, "fund_max_dd": -0.5115264766751066, "first": "2003-12-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "eaamx": {"sym": "eaamx", "name": "Eaton Vance Multi-Asset Credit Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004218667191140363, "alpha_t_5y": 0.5432281809740749, "alpha_t_full": 0.9831960616258333, "r2_5y": 0.7789721690191704, "r2_full": 0.5750631987228751, "corr_portfolio": 0.3597123650486147, "corr_benchmark": 0.4237519485096767, "alpha_pos_frac": 0.5116279069767442, "fund_max_dd": -0.20878691672365368, "first": "2011-11-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "eaasx": {"sym": "eaasx", "name": "Eaton Vance Atlanta Capital SMID-Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.021347415867136014, "alpha_t_5y": -0.693280447363873, "alpha_t_full": 1.652359497200809, "r2_5y": 0.8194408813332832, "r2_full": 0.8824401570769038, "corr_portfolio": 0.3177014082475925, "corr_benchmark": 0.5410859922282494, "alpha_pos_frac": 0.5319148936170213, "fund_max_dd": -0.4554757423842022, "first": "2003-12-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "eablx": {"sym": "eablx", "name": "Eaton Vance Floating-Rate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.030510881901090418, "alpha_t_5y": 3.903486115664523, "alpha_t_full": 3.1374143408052344, "r2_5y": 0.504156488008984, "r2_full": 0.507156778168417, "corr_portfolio": 0.2986668557019146, "corr_benchmark": 0.23175272300793182, "alpha_pos_frac": 0.5144508670520231, "fund_max_dd": -0.3276498858898982, "first": "2001-11-13", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "eacax": {"sym": "eacax", "name": "Eaton Vance California Municipal Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007878176446237341, "alpha_t_5y": 0.6429912764094885, "alpha_t_full": 5.613507460862982, "r2_5y": 0.40927319398068807, "r2_full": 1.9984014443252818e-15, "corr_portfolio": 0.007281130014724794, "corr_benchmark": 0.36780226576336006, "alpha_pos_frac": 0.5375722543352601, "fund_max_dd": -0.2540129726852789, "first": "1994-05-31", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "eacox": {"sym": "eacox", "name": "Eaton Vance Emerging and Frontier Countries Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.07470519765787476, "alpha_t_5y": 2.280845478431211, "alpha_t_full": 1.10122687376264, "r2_5y": 0.7233165667232633, "r2_full": 0.7622427732948873, "corr_portfolio": 0.3503994721720836, "corr_benchmark": 0.44029665974088145, "alpha_pos_frac": 0.5441176470588235, "fund_max_dd": -0.3905782377809244, "first": "2014-11-07", "verdict": "weak/unstable alpha", "alpha_name": false}, "eacpx": {"sym": "eacpx", "name": "Eaton Vance Tax-Managed Multi-Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05504489974500366, "alpha_t_5y": -2.615630195744913, "alpha_t_full": 0.11606493479752315, "r2_5y": 0.9395679462029565, "r2_full": 0.8542716291371466, "corr_portfolio": 0.16248589674323227, "corr_benchmark": 0.6097871953101764, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.6338962265080781, "first": "2000-07-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eadix": {"sym": "eadix", "name": "Eaton Vance Global Equity Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015439900443272092, "alpha_t_5y": -1.1849582220873642, "alpha_t_full": -1.870285050049061, "r2_5y": 0.9654666964629555, "r2_full": 0.93254072933722, "corr_portfolio": 0.3245131044438337, "corr_benchmark": 0.607675358776761, "alpha_pos_frac": 0.47368421052631576, "fund_max_dd": -0.524640441925373, "first": "2003-06-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eaeax": {"sym": "eaeax", "name": "Eaton Vance Tax-Managed Equity Asset Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01933252342359916, "alpha_t_5y": -1.869367173259894, "alpha_t_full": -1.0125562890768132, "r2_5y": 0.9748501488735138, "r2_full": 0.958451390350206, "corr_portfolio": 0.30164070103259244, "corr_benchmark": 0.6123462762401266, "alpha_pos_frac": 0.47844827586206895, "fund_max_dd": -0.5470898860237592, "first": "2002-03-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eaemx": {"sym": "eaemx", "name": "Parametric Emerging Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01640610548804318, "alpha_t_5y": 0.8467740713036904, "alpha_t_full": -0.8595818642322338, "r2_5y": 0.8513286506667974, "r2_full": 0.8874442182346726, "corr_portfolio": 0.3687978123369471, "corr_benchmark": 0.4574574727293512, "alpha_pos_frac": 0.5202312138728323, "fund_max_dd": -0.6269482355167912, "first": "2006-07-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eaerx": {"sym": "eaerx", "name": "Eaton Vance Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014830609537938941, "alpha_t_5y": -1.1406610081977264, "alpha_t_full": 0.061742023412743506, "r2_5y": 0.9664374976573691, "r2_full": 0.9690809195910622, "corr_portfolio": 0.2602336920205062, "corr_benchmark": 0.6174188508050293, "alpha_pos_frac": 0.4691780821917808, "fund_max_dd": -0.48717755936188534, "first": "2001-11-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eafgx": {"sym": "eafgx", "name": "Eaton Vance Focused Growth Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.053839525262554, "alpha_t_5y": -2.498387320233103, "alpha_t_full": -2.6232174666483896, "r2_5y": 0.9449995742146255, "r2_full": 0.9480885781245032, "corr_portfolio": 0.16805590928470746, "corr_benchmark": 0.6001436445062068, "alpha_pos_frac": 0.5444444444444444, "fund_max_dd": -0.3708790250245646, "first": "2011-03-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eafhx": {"sym": "eafhx", "name": "Eaton Vance Floating-Rate & High Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02875269668850652, "alpha_t_5y": 4.089675868581449, "alpha_t_full": 3.20360147145462, "r2_5y": 0.6263919169057144, "r2_full": 0.6018210268312549, "corr_portfolio": 0.3144001347038375, "corr_benchmark": 0.29842362994861904, "alpha_pos_frac": 0.5375722543352601, "fund_max_dd": -0.3379761447333196, "first": "2001-11-13", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "eafvx": {"sym": "eafvx", "name": "Eaton Vance Focused Value Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0069441073530895035, "alpha_t_5y": 0.31944396697242333, "alpha_t_full": 1.1071220678441465, "r2_5y": 0.890776579745837, "r2_full": 0.9332948645223829, "corr_portfolio": 0.39404311760646044, "corr_benchmark": 0.5240789764244876, "alpha_pos_frac": 0.5166666666666667, "fund_max_dd": -0.4066058126549581, "first": "2011-03-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eagmx": {"sym": "eagmx", "name": "Eaton Vance Global Macro Absolute Return Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.05559035554775872, "alpha_t_5y": 5.2379756386224, "alpha_t_full": 8.039707312489185, "r2_5y": 0.07396669655814492, "r2_full": -1.1102230246251565e-15, "corr_portfolio": 0.23667567422802827, "corr_benchmark": -0.02151029112701147, "alpha_pos_frac": 0.44223107569721115, "fund_max_dd": -0.0931393650735658, "first": "1997-11-03", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": true}, "eaiix": {"sym": "eaiix", "name": "Eaton Vance Diversified Currency Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01583925898783479, "alpha_t_5y": 1.0942973407945327, "alpha_t_full": 1.5240114297439873, "r2_5y": 0.7143116208079491, "r2_full": 0.4613579551724135, "corr_portfolio": 0.09900715819469041, "corr_benchmark": 0.4160120270383883, "alpha_pos_frac": 0.48205128205128206, "fund_max_dd": -0.25325049297944235, "first": "2007-06-29", "verdict": "weak/unstable alpha", "alpha_name": false}, "eaisx": {"sym": "eaisx", "name": "Parametric International Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0008084694183662819, "alpha_t_5y": -0.05854423647203432, "alpha_t_full": 0.05172677155472544, "r2_5y": 0.9463258680623922, "r2_full": 0.9542387429533368, "corr_portfolio": 0.37272659803094654, "corr_benchmark": 0.541307347168251, "alpha_pos_frac": 0.47643979057591623, "fund_max_dd": -0.3338057847479746, "first": "2010-04-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ealbx": {"sym": "ealbx", "name": "Parametric TABS 1-to-10 Year Laddered Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013675460824854676, "alpha_t_5y": 1.5133680517434664, "alpha_t_full": 2.0835526081954416, "r2_5y": 0.3538815691940074, "r2_full": 0.32721472593034195, "corr_portfolio": 0.03614008240448274, "corr_benchmark": 0.32628457956604495, "alpha_pos_frac": 0.5538461538461539, "fund_max_dd": -0.09121672699689676, "first": "2015-05-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "ealcx": {"sym": "ealcx", "name": "Eaton Vance Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0440611542442016, "alpha_t_5y": -2.514865665162581, "alpha_t_full": -2.106869819959654, "r2_5y": 0.9605084001708735, "r2_full": 0.9485189296728637, "corr_portfolio": 0.17175278684910453, "corr_benchmark": 0.6086309405475732, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.5016369271424237, "first": "2002-09-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ealdx": {"sym": "ealdx", "name": "Eaton Vance Short Duration Government Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.015037285686228523, "alpha_t_5y": 1.4222162086730405, "alpha_t_full": 2.4898972108804935, "r2_5y": 0.38187155901726466, "r2_full": 0.27435549532334236, "corr_portfolio": 0.0013074657175294587, "corr_benchmark": 0.24407888685112553, "alpha_pos_frac": 0.4508670520231214, "fund_max_dd": -0.05688164376336924, "first": "2002-10-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "ealtx": {"sym": "ealtx", "name": "Parametric TABS 5-to-15 Year Laddered Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006946699923238599, "alpha_t_5y": 0.5483158158357734, "alpha_t_full": 2.943326274032872, "r2_5y": 0.38249419870099644, "r2_full": 0.2917293392151753, "corr_portfolio": 0.016455493216809204, "corr_benchmark": 0.34537871764698747, "alpha_pos_frac": 0.5028901734104047, "fund_max_dd": -0.13522807898881806, "first": "2010-02-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "eanax": {"sym": "eanax", "name": "Eaton Vance National Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0012800405233211508, "alpha_t_5y": 0.08776968078723449, "alpha_t_full": 4.970185034048299, "r2_5y": 0.3922525379795344, "r2_full": 3.6637359812630166e-15, "corr_portfolio": 0.029268195799753982, "corr_benchmark": 0.3370989959417019, "alpha_pos_frac": 0.6186770428015564, "fund_max_dd": -0.401348657486046, "first": "1994-04-06", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "earax": {"sym": "earax", "name": "Eaton Vance All Asset Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013203719361572329, "alpha_t_5y": -1.1806946354379628, "alpha_t_full": -1.476245657101907, "r2_5y": 0.9112338609208538, "r2_full": 0.8610211186848021, "corr_portfolio": 0.2861148464460332, "corr_benchmark": 0.7029205406492305, "alpha_pos_frac": 0.49710982658959535, "fund_max_dd": -0.19987118960568562, "first": "2011-10-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "earrx": {"sym": "earrx", "name": "Eaton Vance Short Duration Inflation-Protected Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.023249016889393733, "alpha_t_5y": 2.7597180620853816, "alpha_t_full": 2.3475584370900484, "r2_5y": 0.4644220239974066, "r2_full": 0.41026489498966145, "corr_portfolio": 0.1740512995312191, "corr_benchmark": 0.3407776619640481, "alpha_pos_frac": 0.4397905759162304, "fund_max_dd": -0.10274703432721466, "first": "2010-04-05", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "eascx": {"sym": "eascx", "name": "Eaton Vance South Carolina Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006716224599922817, "alpha_t_5y": 0.5436783216466674, "alpha_t_full": 4.582581942073789, "r2_5y": 0.34923799345800477, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.026128940466246968, "corr_benchmark": 0.331081847188618, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.29698615475028334, "first": "1994-02-22", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "eatvx": {"sym": "eatvx", "name": "Eaton Vance Tax-Managed Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00011827254278089103, "alpha_t_5y": -0.0068626052592791476, "alpha_t_full": 0.8703372650116554, "r2_5y": 0.9262818019300674, "r2_full": 0.9261257628850713, "corr_portfolio": 0.38241232550792503, "corr_benchmark": 0.551173261233534, "alpha_pos_frac": 0.5067264573991032, "fund_max_dd": -0.5299926433865081, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ebabx": {"sym": "ebabx", "name": "Eaton Vance Total Return Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013846427690727406, "alpha_t_5y": 2.3075119215063, "alpha_t_full": 0.8885621224091212, "r2_5y": 0.9241045010144655, "r2_full": 0.6574085101685896, "corr_portfolio": 0.0437455195288118, "corr_benchmark": 0.6327621974655508, "alpha_pos_frac": 0.5375722543352601, "fund_max_dd": -0.17203507336777002, "first": "2009-11-18", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ebnd": {"sym": "ebnd", "name": "State Street(R) SPDR(R) Bloomberg Emerging Markets Local Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011323790474346106, "alpha_t_5y": -0.6195190836004978, "alpha_t_full": -0.9291908390193124, "r2_5y": 0.7617567748467259, "r2_full": 0.6023412020093182, "corr_portfolio": 0.18737519696763094, "corr_benchmark": 0.5245250879003722, "alpha_pos_frac": 0.4777777777777778, "fund_max_dd": -0.29504746876441723, "first": "2011-02-25", "verdict": "weak/unstable alpha", "alpha_name": false}, "ebsax": {"sym": "ebsax", "name": "Campbell Systematic Macro Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.07497089032990685, "alpha_t_5y": 2.0743387241177764, "alpha_t_full": 1.7108004911922794, "r2_5y": 0.19405288011929833, "r2_full": 0.0719150570492959, "corr_portfolio": 0.16552819228588075, "corr_benchmark": -0.0169361883908226, "alpha_pos_frac": 0.4551282051282051, "fund_max_dd": -0.30758982702341153, "first": "2013-03-04", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "ecbsx": {"sym": "ecbsx", "name": "Parametric TABS Short-Term Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0023854577640720926, "alpha_t_5y": 0.2786047999944473, "alpha_t_full": -0.03714688311874164, "r2_5y": 0.4423345638673257, "r2_full": 0.30020896854973, "corr_portfolio": 0.0065621686361041825, "corr_benchmark": 0.3664444918693958, "alpha_pos_frac": 0.5073891625615764, "fund_max_dd": -0.10269103142615188, "first": "2009-03-31", "verdict": "weak/unstable alpha", "alpha_name": false}, "ecctx": {"sym": "ecctx", "name": "Eaton Vance Connecticut Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0003715353698777307, "alpha_t_5y": 0.028708177406360898, "alpha_t_full": 0.32589634306488524, "r2_5y": 0.36353588834882544, "r2_full": 0.22159171830907065, "corr_portfolio": 0.031128764697784188, "corr_benchmark": 0.33028381612877916, "alpha_pos_frac": 0.5144508670520231, "fund_max_dd": -0.18962768259788387, "first": "2006-02-10", "verdict": "weak/unstable alpha", "alpha_name": false}, "ediax": {"sym": "ediax", "name": "Eaton Vance Global Income Builder Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008569317870600852, "alpha_t_5y": -0.904878630380159, "alpha_t_full": -1.2144157412219487, "r2_5y": 0.9613047519755431, "r2_full": 0.9394443707080269, "corr_portfolio": 0.34682943452982234, "corr_benchmark": 0.6088959642504187, "alpha_pos_frac": 0.5964125560538116, "fund_max_dd": -0.5152707236472343, "first": "2005-12-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ediv": {"sym": "ediv", "name": "State Street(R) SPDR(R) S&P Emerging Markets Dividend ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.06892607942997787, "alpha_t_5y": 2.2383704244566265, "alpha_t_full": -0.06293045575205468, "r2_5y": 0.7222864425721718, "r2_full": 0.8385105735419819, "corr_portfolio": 0.3199748749556711, "corr_benchmark": 0.4276554627646021, "alpha_pos_frac": 0.4666666666666667, "fund_max_dd": -0.5335315909503671, "first": "2011-02-25", "verdict": "weak/unstable alpha", "alpha_name": false}, "eeiax": {"sym": "eeiax", "name": "Eaton Vance Emerging Markets Local Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018767251998195403, "alpha_t_5y": 0.8128307803618916, "alpha_t_full": 1.195302621416769, "r2_5y": 0.5673214526880224, "r2_full": 0.5990604613039465, "corr_portfolio": 0.25244039499299076, "corr_benchmark": 0.3956343531237362, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.3159673133994575, "first": "2007-06-29", "verdict": "weak/unstable alpha", "alpha_name": false}, "eeldx": {"sym": "eeldx", "name": "Eaton Vance Emerging Markets Debt Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.019336249050447996, "alpha_t_5y": 0.9865967321618315, "alpha_t_full": 4.463030200618474, "r2_5y": 0.3245157277644892, "r2_full": 0.450187157168063, "corr_portfolio": 0.33522567386556074, "corr_benchmark": 0.18883646870425844, "alpha_pos_frac": 0.5668789808917197, "fund_max_dd": -0.19128348530746953, "first": "2013-02-05", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "eelv": {"sym": "eelv", "name": "Invesco S&P Emerging Markets Low Volatility ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04253657904602487, "alpha_t_5y": 1.7573118720073726, "alpha_t_full": -0.06263412883109244, "r2_5y": 0.7510762165639603, "r2_full": 0.8095507690819461, "corr_portfolio": 0.32022259847507667, "corr_benchmark": 0.47243729432130466, "alpha_pos_frac": 0.5088757396449705, "fund_max_dd": -0.36348149243908456, "first": "2012-01-17", "verdict": "weak/unstable alpha", "alpha_name": false}, "eemgx": {"sym": "eemgx", "name": "MFS Emerging Markets Equity Research Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0068462456146716685, "alpha_t_5y": 0.1824548418491616, "alpha_t_full": 0.1824548418491616, "r2_5y": 0.7231524685556708, "r2_full": 0.7231524685556708, "corr_portfolio": 0.15473111892155827, "corr_benchmark": 0.3769680254158223, "alpha_pos_frac": 0.38333333333333336, "fund_max_dd": -0.38135196229497603, "first": "2021-02-24", "verdict": "weak/unstable alpha", "alpha_name": false}, "eemx": {"sym": "eemx", "name": "State Street(R) SPDR(R) MSCI Emerging Markets Fossil Fuel Reserves Free ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00018052814226777273, "alpha_t_5y": 0.01072777250461181, "alpha_t_full": 0.28204732797145454, "r2_5y": 0.9609451635580002, "r2_full": 0.823804057125506, "corr_portfolio": 0.21010918539523793, "corr_benchmark": 0.47106390630772793, "alpha_pos_frac": 0.36936936936936937, "fund_max_dd": -0.39903348498594526, "first": "2016-11-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "efax": {"sym": "efax", "name": "State Street(R) SPDR(R) MSCI EAFE Fossil Fuel Reserves Free ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003065434084451, "alpha_t_5y": -0.3659424422707617, "alpha_t_full": -0.08870979818858168, "r2_5y": 0.9855588851840159, "r2_full": 0.918335917784622, "corr_portfolio": 0.3158306247120682, "corr_benchmark": 0.5731622667177632, "alpha_pos_frac": 0.5625, "fund_max_dd": -0.32528469292541673, "first": "2016-11-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "egrix": {"sym": "egrix", "name": "Eaton Vance Global Macro Absolute Return Advantage Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0792507580920934, "alpha_t_5y": 4.921025818208902, "alpha_t_full": 4.652680988414438, "r2_5y": 0.0671402533785459, "r2_full": 0.17053389078371528, "corr_portfolio": 0.22290815991893495, "corr_benchmark": 0.024683988785995706, "alpha_pos_frac": 0.45698924731182794, "fund_max_dd": -0.1416510427878418, "first": "2010-09-02", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": true}, "ehstx": {"sym": "ehstx", "name": "Eaton Vance Large-Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007712089894258608, "alpha_t_5y": 0.4340116532914415, "alpha_t_full": 3.2246953980580173, "r2_5y": 0.9171066106359625, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.39669004664227214, "corr_benchmark": 0.5327133391260312, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.5347110976658067, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eigix": {"sym": "eigix", "name": "Eaton Vance Core Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007423709697813606, "alpha_t_5y": 1.3766161981089806, "alpha_t_full": -1.1651736422687564, "r2_5y": 0.9439809405456066, "r2_full": 0.8283565028241826, "corr_portfolio": -0.054562728902114596, "corr_benchmark": 0.6834188296548367, "alpha_pos_frac": 0.4277456647398844, "fund_max_dd": -0.17721119308865552, "first": "2007-03-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eimgx": {"sym": "eimgx", "name": "Eaton Vance Tax-Managed Small-Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03490206641495832, "alpha_t_5y": -1.3309178742032255, "alpha_t_full": -0.46594474913578215, "r2_5y": 0.8906435178109409, "r2_full": 0.9184495087739382, "corr_portfolio": 0.28163695375428943, "corr_benchmark": 0.5332469639055404, "alpha_pos_frac": 0.5532994923857868, "fund_max_dd": -0.3702248788013227, "first": "2009-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "einc": {"sym": "einc", "name": "VanEck Energy Income ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.12564865230786973, "alpha_t_5y": 2.1200395642009715, "alpha_t_full": -1.046459857456042, "r2_5y": 0.49885942532529604, "r2_full": 0.47550086445938544, "corr_portfolio": 0.2785385639464503, "corr_benchmark": 0.3146424436497608, "alpha_pos_frac": 0.5269461077844312, "fund_max_dd": -0.8778981992255861, "first": "2012-03-15", "verdict": "weak/unstable alpha", "alpha_name": false}, "eipcx": {"sym": "eipcx", "name": "Parametric Commodity Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04469086839890286, "alpha_t_5y": 1.71754108209293, "alpha_t_full": 1.3772603423881509, "r2_5y": 0.8197782994344772, "r2_full": 0.8205731470829059, "corr_portfolio": 0.2448952420816305, "corr_benchmark": 0.14998745961638046, "alpha_pos_frac": 0.4745762711864407, "fund_max_dd": -0.5416608193303986, "first": "2011-05-27", "verdict": "weak/unstable alpha", "alpha_name": false}, "eipix": {"sym": "eipix", "name": "EIP Growth and Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.05477544191573061, "alpha_t_5y": 1.4681532229734653, "alpha_t_full": 0.5605564655673876, "r2_5y": 0.6732236840163701, "r2_full": 0.7119405522346839, "corr_portfolio": 0.3782233394782601, "corr_benchmark": 0.46835646415510823, "alpha_pos_frac": 0.5267857142857143, "fund_max_dd": -0.43977762097405404, "first": "2016-10-18", "verdict": "weak/unstable alpha", "alpha_name": false}, "eitax": {"sym": "eitax", "name": "Parametric TABS Intermediate-Term Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00691693496461512, "alpha_t_5y": 0.554725257873979, "alpha_t_full": 2.069642814258215, "r2_5y": 0.45199992423823165, "r2_full": 0.3383373167701422, "corr_portfolio": 0.006865553426098434, "corr_benchmark": 0.38788435064033, "alpha_pos_frac": 0.4797687861271676, "fund_max_dd": -0.1307680608925934, "first": "2010-02-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "eitex": {"sym": "eitex", "name": "Parametric Tax-Managed Emerging Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018458589006030084, "alpha_t_5y": 0.952281494856256, "alpha_t_full": 2.270186252300788, "r2_5y": 0.8558238604758877, "r2_full": 0.31298542424481524, "corr_portfolio": 0.36553572604288354, "corr_benchmark": 0.45759723698363075, "alpha_pos_frac": 0.5695067264573991, "fund_max_dd": -0.6170110742007304, "first": "1999-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "eivpx": {"sym": "eivpx", "name": "Parametric Volatility Risk Premium - Defensive Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018833974632966773, "alpha_t_5y": 1.8605041575573236, "alpha_t_full": -0.197587191684199, "r2_5y": 0.9378227124357584, "r2_full": 0.9285403742511583, "corr_portfolio": 0.26024034281045877, "corr_benchmark": 0.6025988104299452, "alpha_pos_frac": 0.6111111111111112, "fund_max_dd": -0.26672107477182483, "first": "2017-02-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "emaax": {"sym": "emaax", "name": "Enterprise Mergers and Acquisitions Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009726014792566143, "alpha_t_5y": 0.5322555665152933, "alpha_t_full": 0.4709947027146409, "r2_5y": 0.8349112611450378, "r2_full": 0.7475508652053728, "corr_portfolio": 0.34458663331372796, "corr_benchmark": 0.5614557046906035, "alpha_pos_frac": 0.45098039215686275, "fund_max_dd": -0.4833897104934678, "first": "2001-03-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "emdax": {"sym": "emdax", "name": "PGIM Emerging Markets Debt Local Currency Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0064929208496199015, "alpha_t_5y": -0.285039334604484, "alpha_t_full": -1.0126076874635677, "r2_5y": 0.5490317555074156, "r2_full": 0.5986388142835545, "corr_portfolio": 0.2678043713363414, "corr_benchmark": 0.38722216651942254, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.33456215181878124, "first": "2011-04-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "emlax": {"sym": "emlax", "name": "MFS Emerging Markets Debt Local Currency Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0006924569479546436, "alpha_t_5y": 0.03584511499729168, "alpha_t_full": -1.3479910371079724, "r2_5y": 0.6414617403410849, "r2_full": 0.6545250125604425, "corr_portfolio": 0.2618804776583188, "corr_benchmark": 0.4151861158291423, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.3369246351696419, "first": "2011-09-16", "verdict": "weak/unstable alpha", "alpha_name": false}, "emlc": {"sym": "emlc", "name": "VanEck J.P. 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"evfax": {"sym": "evfax", "name": "Eaton Vance Floating-Rate Advantage Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.034345919347190945, "alpha_t_5y": 4.021323907165813, "alpha_t_full": 2.57295089662772, "r2_5y": 0.5437288632844735, "r2_full": 0.5633150335655936, "corr_portfolio": 0.29869390204325696, "corr_benchmark": 0.2258236719921, "alpha_pos_frac": 0.5317919075144508, "fund_max_dd": -0.382227164695354, "first": "2008-03-18", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "evibx": {"sym": "evibx", "name": "Eaton Vance Income Fund of Boston", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006847817796490517, "alpha_t_5y": 0.8364764047987797, "alpha_t_full": 8.474354870062657, "r2_5y": 0.8309662606563035, "r2_full": -3.3306690738754696e-15, "corr_portfolio": 0.3100889943584041, "corr_benchmark": 0.4472616460605401, "alpha_pos_frac": 0.3917525773195876, "fund_max_dd": -0.36749081489536306, "first": "1990-01-03", 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0.5201793721973094, "fund_max_dd": -0.5373554575806381, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "evvcx": {"sym": "evvcx", "name": "The E-Valuator Very Conservative (0%-15%) RMS Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006134732206778789, "alpha_t_5y": 0.5817712388657545, "alpha_t_full": 0.7057733143272826, "r2_5y": 0.6371121087111834, "r2_full": 0.40266603839267723, "corr_portfolio": 0.17121927716575955, "corr_benchmark": 0.5676574019199958, "alpha_pos_frac": 0.49572649572649574, "fund_max_dd": -0.1570482899340091, "first": "2016-05-27", "verdict": "weak/unstable alpha", "alpha_name": false}, "exflx": {"sym": "exflx", "name": "Eaton Vance National Ultra-Short Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017968907557328537, "alpha_t_5y": 4.953805480702568, "alpha_t_full": 6.593918541132724, "r2_5y": 0.19486995320211276, "r2_full": -7.327471962526033e-15, 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0.011215972665131559, "alpha_t_5y": 1.5828657425668524, "alpha_t_full": 6.633180833529157, "r2_5y": 0.3533979658860412, "r2_full": 2.6645352591003757e-15, "corr_portfolio": 0.04265226594998753, "corr_benchmark": 0.28915513693241757, "alpha_pos_frac": 0.5265017667844523, "fund_max_dd": -0.13809914542372126, "first": "1992-05-26", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "extgx": {"sym": "extgx", "name": "Eaton Vance Tax-Managed Growth Fund 1.2", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015002889996466574, "alpha_t_5y": -1.5763801846977499, "alpha_t_full": -0.6099073816597673, "r2_5y": 0.9826394288178375, "r2_full": 0.9649340913777172, "corr_portfolio": 0.2608453934673268, "corr_benchmark": 0.6073640322410885, "alpha_pos_frac": 0.490272373540856, "fund_max_dd": -0.5216534709796947, "first": "2001-03-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "facdx": {"sym": "facdx", "name": 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false}, "facnx": {"sym": "facnx", "name": "Fidelity Canada Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.019245439802222146, "alpha_t_5y": 0.5945367718164201, "alpha_t_full": -1.1094693069066959, "r2_5y": 0.7623032513545821, "r2_full": 0.7891010866429528, "corr_portfolio": 0.34299985498483593, "corr_benchmark": 0.4977936409115238, "alpha_pos_frac": 0.47085201793721976, "fund_max_dd": -0.5817797075183647, "first": "2007-05-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "fafdx": {"sym": "fafdx", "name": "Fidelity Advisor Financials Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04037312746464954, "alpha_t_5y": 1.0737943162215335, "alpha_t_full": -0.7761612158459908, "r2_5y": 0.8136167893500179, "r2_full": 0.7976283226600079, "corr_portfolio": 0.40501621686762496, "corr_benchmark": 0.41609589226677446, "alpha_pos_frac": 0.49019607843137253, "fund_max_dd": -0.7568907112010624, "first": "2000-05-30", "verdict": "weak/unstable alpha", 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"fdcax", "name": "Fidelity Capital Appreciation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0022387231264100068, "alpha_t_5y": 0.13329282467570044, "alpha_t_full": 3.852988380919437, "r2_5y": 0.9540359851069566, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.2251570152370107, "corr_benchmark": 0.6047465784425757, "alpha_pos_frac": 0.48878923766816146, "fund_max_dd": -0.5852813709043551, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fdegx": {"sym": "fdegx", "name": "Fidelity Growth Strategies Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04494543359863645, "alpha_t_5y": -1.1876978302048784, "alpha_t_full": 3.0196030499519537, "r2_5y": 0.8502415083123672, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.1862629218995779, "corr_benchmark": 0.6046848070126736, "alpha_pos_frac": 0.5631067961165048, "fund_max_dd": -0.859635015750664, "first": "1990-12-31", "verdict": "sleeve mix 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0.007616541058881975, "alpha_t_5y": 1.5597147484332314, "alpha_t_full": 6.174483207823291, "r2_5y": 0.9229911704747277, "r2_full": 1.3322676295501878e-15, "corr_portfolio": -0.012525883937382793, "corr_benchmark": 0.6235043597595988, "alpha_pos_frac": 0.5202312138728323, "fund_max_dd": -0.14355550740730638, "first": "1993-12-21", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "filfx": {"sym": "filfx", "name": "Strategic Advisers International Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002061690009201581, "alpha_t_5y": 0.09200917112158744, "alpha_t_full": -0.7986218889632755, "r2_5y": 0.88297816137683, "r2_full": 0.7466622030853847, "corr_portfolio": 0.3712526955683894, "corr_benchmark": 0.5381800695693268, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.6167137698524872, "first": "2006-03-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fimyx": {"sym": "fimyx", "name": "Federated Hermes Intermediate Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007064471638118637, "alpha_t_5y": 0.7156227094946127, "alpha_t_full": 2.1880911460553447, "r2_5y": 0.39063696995848696, "r2_full": 0.28233675400639, "corr_portfolio": 0.04143770092798555, "corr_benchmark": 0.3245734987179667, "alpha_pos_frac": 0.5525291828793775, "fund_max_dd": -0.11875713502924523, "first": "2003-10-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "fisax": {"sym": "fisax", "name": "FRANKLIN LOW DURATION U.S. GOVERNMENT SECURITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003256432825898275, "alpha_t_5y": 0.4751633686029479, "alpha_t_full": 10.966782010156162, "r2_5y": 0.34386543345375764, "r2_full": 1.2212453270876722e-15, "corr_portfolio": -0.02163686881330993, "corr_benchmark": 0.15913420506680487, "alpha_pos_frac": 0.4046242774566474, "fund_max_dd": -0.047651524287965596, "first": "1990-01-03", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "fiscx": {"sym": "fiscx", "name": "FRANKLIN CONVERTIBLE SECURITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017166592329769012, "alpha_t_5y": 0.8327327286364533, "alpha_t_full": 5.2472399198678605, "r2_5y": 0.8290760169442085, "r2_full": 0.0, "corr_portfolio": 0.16063466343929783, "corr_benchmark": 0.5827470951855143, "alpha_pos_frac": 0.47398843930635837, "fund_max_dd": -0.4915683069056488, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "fisex": {"sym": "fisex", "name": "FRANKLIN EQUITY INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011336992508063458, "alpha_t_5y": 0.7941070855590396, "alpha_t_full": 3.842669406573551, "r2_5y": 0.9389050290510687, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.37683528230834645, "corr_benchmark": 0.5621860262838744, "alpha_pos_frac": 0.5650224215246636, "fund_max_dd": 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Michigan Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00623026406768074, "alpha_t_5y": -0.4654979854755627, "alpha_t_full": 7.258840433331054, "r2_5y": 0.37750616956276195, "r2_full": 2.3314683517128287e-15, "corr_portfolio": 0.026617862478606993, "corr_benchmark": 0.3551748159205123, "alpha_pos_frac": 0.5525291828793775, "fund_max_dd": -0.15476961987606708, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "fmndx": {"sym": "fmndx", "name": "Fidelity Conservative Income Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018430272734346796, "alpha_t_5y": 5.515726341256112, "alpha_t_full": 4.628512864686047, "r2_5y": 0.19217606063866333, "r2_full": 0.19473398811543485, "corr_portfolio": 0.08500633852659215, "corr_benchmark": 0.1503769402409435, "alpha_pos_frac": 0.4391891891891892, "fund_max_dd": -0.016864992098326703, "first": "2013-10-24", "verdict": "alpha in 5y window, but not persistent 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0.5953757225433526, "fund_max_dd": -0.148180377195528, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "fmsfx": {"sym": "fmsfx", "name": "Fidelity Advisor Mortgage Securities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0036632694198553504, "alpha_t_5y": -0.6281793967976285, "alpha_t_full": 6.792691547405651, "r2_5y": 0.9548410811462122, "r2_full": -1.1102230246251565e-15, "corr_portfolio": -0.0775404460516527, "corr_benchmark": 0.6525149211664046, "alpha_pos_frac": 0.48554913294797686, "fund_max_dd": -0.18428941832889612, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fmsgx": {"sym": "fmsgx", "name": "MFG Global Sustainable Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014742669094117825, "alpha_t_5y": 0.5891521700621833, "alpha_t_full": -0.023722907673028423, "r2_5y": 0.8222830673701853, "r2_full": 0.8617622525481555, 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0.019914273230640146, "alpha_t_5y": 0.4242867602258283, "alpha_t_full": 0.16831816936372185, "r2_5y": 0.7605212196871644, "r2_full": 0.7883682685509519, "corr_portfolio": 0.3451815721552762, "corr_benchmark": 0.3456543724961572, "alpha_pos_frac": 0.4663677130044843, "fund_max_dd": -0.8152783611584723, "first": "2006-07-24", "verdict": "weak/unstable alpha", "alpha_name": false}, "fndb": {"sym": "fndb", "name": "Schwab Fundamental U.S. Broad Market ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03109819177383541, "alpha_t_5y": 2.1358946487295283, "alpha_t_full": 2.83756223269028, "r2_5y": 0.9486553299774595, "r2_full": 0.9562865997031691, "corr_portfolio": 0.3821786390854278, "corr_benchmark": 0.5545454284189478, "alpha_pos_frac": 0.4266666666666667, "fund_max_dd": -0.3816830232290479, "first": "2013-08-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "fngax": {"sym": "fngax", "name": "Franklin International Growth Fund", "bucket": 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{"sym": "fnmtx", "name": "Nuveen New Mexico Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0048627646169579816, "alpha_t_5y": 0.37746700295312824, "alpha_t_full": 6.114485979611229, "r2_5y": 0.3706335535130949, "r2_full": -3.1086244689504383e-15, "corr_portfolio": 0.028888207157064895, "corr_benchmark": 0.34255342537759387, "alpha_pos_frac": 0.6069364161849711, "fund_max_dd": -0.14109416839408107, "first": "1992-09-15", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "fnytx": {"sym": "fnytx", "name": "FRANKLIN NEW YORK TAX-FREE INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0005440007189204444, "alpha_t_5y": 0.03742521709805376, "alpha_t_full": 7.504770072430862, "r2_5y": 0.4032468331547566, "r2_full": -8.881784197001252e-16, "corr_portfolio": 0.02265458870353566, "corr_benchmark": 0.36088520359130405, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.17446182126100473, "first": 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"ftiax", "name": "Federated Hermes Short-Term Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002509690773175421, "alpha_t_5y": 0.3939755569757987, "alpha_t_full": 4.086998969106183, "r2_5y": 0.6430049125268871, "r2_full": 0.49231038922316117, "corr_portfolio": -0.033250572639175864, "corr_benchmark": 0.40672993756969905, "alpha_pos_frac": 0.3988439306358382, "fund_max_dd": -0.05343091160125346, "first": "2004-08-27", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "ftlax": {"sym": "ftlax", "name": "Nuveen Louisiana Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004744762529590087, "alpha_t_5y": 0.33852852509917086, "alpha_t_full": 7.51115050616268, "r2_5y": 0.368067118100895, "r2_full": -4.440892098500626e-15, "corr_portfolio": 0.042525847059877574, "corr_benchmark": 0.341290652044643, "alpha_pos_frac": 0.5836575875486382, "fund_max_dd": -0.17059618409561295, "first": "1990-01-03", 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0.3614007185778522, "alpha_pos_frac": 0.5992217898832685, "fund_max_dd": -0.16399834578061057, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "ftorx": {"sym": "ftorx", "name": "Nomura Tax-Free Oregon Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005348156694178752, "alpha_t_5y": 0.34334407746773066, "alpha_t_full": 6.085392060532456, "r2_5y": 0.38095567070990577, "r2_full": -2.886579864025407e-15, "corr_portfolio": 0.04259101417997382, "corr_benchmark": 0.3595973425633313, "alpha_pos_frac": 0.5895953757225434, "fund_max_dd": -0.14647579836619007, "first": "1992-05-05", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "ftrax": {"sym": "ftrax", "name": "Franklin LifeSmart Retirement Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003837818306149321, "alpha_t_5y": -0.5226437576004306, "alpha_t_full": 0.36818180534208195, "r2_5y": 0.9374297924048708, "r2_full": 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"all", "in_portfolio": false, "alpha_ann_5y": 0.026076114996722084, "alpha_t_5y": 2.612347788472403, "alpha_t_full": 3.71200618577139, "r2_5y": 0.523800354717606, "r2_full": 0.5988654207690782, "corr_portfolio": 0.32732077736856824, "corr_benchmark": 0.22524175846677288, "alpha_pos_frac": 0.5375722543352601, "fund_max_dd": -0.2455127142894945, "first": "2007-12-19", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "lftlx": {"sym": "lftlx", "name": "MFS Lifetime 2065 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012328780452620218, "alpha_t_5y": -1.1027979519602762, "alpha_t_full": -1.1027979519602762, "r2_5y": 0.9694114583207412, "r2_full": 0.9694114583207412, "corr_portfolio": 0.17111669597552215, "corr_benchmark": 0.6918577769280655, "alpha_pos_frac": 0.48148148148148145, "fund_max_dd": -0.23564209915398082, "first": "2021-09-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "lgcax": {"sym": "lgcax", "name": "Lord Abbett Global Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.016186356786627942, "alpha_t_5y": -1.0324970573800134, "alpha_t_full": -0.5930893075512648, "r2_5y": 0.9509114064111098, "r2_full": 0.9575936663674031, "corr_portfolio": 0.27223123424218953, "corr_benchmark": 0.6330368130284624, "alpha_pos_frac": 0.42201834862385323, "fund_max_dd": -0.32907352389426203, "first": "2017-01-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "lgilx": {"sym": "lgilx", "name": "Schwab Select Large Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06623680421177171, "alpha_t_5y": -3.2568859646574286, "alpha_t_full": -0.7042097352958112, "r2_5y": 0.9553415174043173, "r2_full": 0.8971880989485197, "corr_portfolio": 0.14212965668676317, "corr_benchmark": 0.61929848624319, "alpha_pos_frac": 0.5326460481099656, "fund_max_dd": -0.677379595633125, "first": "2000-05-22", "verdict": "sleeve mix 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Rowe Price Maryland Tax-Free Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008932126453769432, "alpha_t_5y": 0.6688908879781814, "alpha_t_full": 7.833391942655048, "r2_5y": 0.40255359067608854, "r2_full": -2.886579864025407e-15, "corr_portfolio": 0.022030906709744655, "corr_benchmark": 0.35438088605954926, "alpha_pos_frac": 0.5664739884393064, "fund_max_dd": -0.14362447884416563, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mdyg": {"sym": "mdyg", "name": "State Street(R) SPDR(R) S & P 400(TM) Mid Cap Growth ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.020703729088302973, "alpha_t_5y": -0.855506676019241, "alpha_t_full": -0.7040464510558714, "r2_5y": 0.9226071676345393, "r2_full": 0.8505545472222141, "corr_portfolio": 0.2736991714000943, "corr_benchmark": 0.5927476020345379, "alpha_pos_frac": 0.47533632286995514, "fund_max_dd": -0.5909227967000314, "first": "2005-11-16", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "merfx": {"sym": "merfx", "name": "The Merger Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": 4.903343221333874, "r2_5y": NaN, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.3317244012467536, "corr_benchmark": 0.4009574281228631, "alpha_pos_frac": NaN, "fund_max_dd": -0.15097339477902627, "first": "1990-01-03", "verdict": "no 5y window", "alpha_name": false}, "mervx": {"sym": "mervx", "name": "The Merger Fund VL", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.030050512388445586, "alpha_t_5y": 2.715002279438883, "alpha_t_full": 1.3739900993219243, "r2_5y": 0.1427871669612064, "r2_full": 0.22272777578273883, "corr_portfolio": 0.1901794502253247, "corr_benchmark": 0.3053448446570055, "alpha_pos_frac": 0.5038461538461538, "fund_max_dd": -0.2699530772660991, "first": "2004-07-09", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "mfaax": {"sym": "mfaax", "name": "AMERICAN FUNDS MORTGAGE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0007573483698325975, "alpha_t_5y": -0.11160934246534777, "alpha_t_full": -0.6620905926025338, "r2_5y": 0.9313400017387017, "r2_full": 0.8913650838219493, "corr_portfolio": -0.1133606170322778, "corr_benchmark": 0.6183717601680772, "alpha_pos_frac": 0.4046242774566474, "fund_max_dd": -0.15989391614510573, "first": "2010-11-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mfalx": {"sym": "mfalx", "name": "MFS Alabama Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.001190874587066063, "alpha_t_5y": 0.0813724088511909, "alpha_t_full": 7.078793187445906, "r2_5y": 0.38722965920115093, "r2_full": 1.9984014443252818e-15, "corr_portfolio": 0.03820187136005199, "corr_benchmark": 0.3587504245002353, "alpha_pos_frac": 0.5722543352601156, "fund_max_dd": -0.16205511228176783, "first": "1990-02-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mfarx": {"sym": "mfarx", "name": "MFS Arkansas Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0047254417253136324, "alpha_t_5y": 0.3149422637829101, "alpha_t_full": 6.481787415148268, "r2_5y": 0.38374305858644986, "r2_full": 8.881784197001252e-16, "corr_portfolio": 0.02261714643723891, "corr_benchmark": 0.3525381300141011, "alpha_pos_frac": 0.5838150289017341, "fund_max_dd": -0.14530358069538063, "first": "1992-02-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mfbfx": {"sym": "mfbfx", "name": "MFS Corporate Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014143074758545326, "alpha_t_5y": -2.316427542879068, "alpha_t_full": 3.608967544494758, "r2_5y": 0.9648617194017188, "r2_full": -1.3322676295501878e-15, "corr_portfolio": 0.01292161194826797, "corr_benchmark": 0.7279598985684987, "alpha_pos_frac": 0.4797687861271676, "fund_max_dd": -0.35031705645616096, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mfcpx": {"sym": "mfcpx", "name": "M Capital Appreciation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01892785156140338, "alpha_t_5y": -0.7070858711771992, "alpha_t_full": -0.9673200523009524, "r2_5y": 0.9333416793280701, "r2_full": 0.8894961089544493, "corr_portfolio": 0.25952942042787197, "corr_benchmark": 0.5559764298087186, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.6300034699676369, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mfegx": {"sym": "mfegx", "name": "MFS Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.050789988767160246, "alpha_t_5y": -2.538432511262309, "alpha_t_full": -1.1056956289410824, "r2_5y": 0.9495660317976106, "r2_full": 0.9217650718599657, "corr_portfolio": 0.15407008501252803, "corr_benchmark": 0.6176694541780383, "alpha_pos_frac": 0.5086206896551724, "fund_max_dd": -0.7242210955224545, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mffsx": {"sym": "mffsx", "name": "MFS Lifetime 2050 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010189390208153373, "alpha_t_5y": -1.0548744502943965, "alpha_t_full": -0.3303961806030915, "r2_5y": 0.9728596480924246, "r2_full": 0.973490504859295, "corr_portfolio": 0.3395281297320811, "corr_benchmark": 0.628359592181844, "alpha_pos_frac": 0.4918918918918919, "fund_max_dd": -0.32837300052361196, "first": "2010-09-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mfiax": {"sym": "mfiax", "name": "MFS Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006640885141279144, "alpha_t_5y": 0.4777905921613778, "alpha_t_full": 5.850356793766823, "r2_5y": 0.4117601356746018, "r2_full": 1.5543122344752192e-15, "corr_portfolio": 0.040822613253877156, "corr_benchmark": 0.3609649583033511, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.16063322974906646, "first": "1993-09-08", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mfiox": {"sym": "mfiox", "name": "MFS Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006318287290912356, "alpha_t_5y": 1.0990947799727848, "alpha_t_full": 6.891650757854296, "r2_5y": 0.9348865150311987, "r2_full": -2.886579864025407e-15, "corr_portfolio": 0.030582380696160705, "corr_benchmark": 0.6636251361604526, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.18492235312769179, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mfjax": {"sym": "mfjax", "name": "MFS Lifetime 2060 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010089537781970703, "alpha_t_5y": -1.0210915580912714, "alpha_t_full": -0.4763945726515382, "r2_5y": 0.9716000473204144, "r2_full": 0.9738581036899381, "corr_portfolio": 0.31285057279273243, "corr_benchmark": 0.6589898590783575, "alpha_pos_frac": 0.4864864864864865, "fund_max_dd": -0.3298350542409729, "first": "2016-12-07", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mfpax": {"sym": "mfpax", "name": "MFS Pennsylvania Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006883171384577617, "alpha_t_5y": 0.5050298625448095, "alpha_t_full": 6.3551893283357455, "r2_5y": 0.3874227207979547, "r2_full": 1.3322676295501878e-15, "corr_portfolio": 0.03650822920090405, "corr_benchmark": 0.3523380155809375, "alpha_pos_frac": 0.6011560693641619, "fund_max_dd": -0.15721166860622415, "first": "1993-02-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mfrkx": {"sym": "mfrkx", "name": "MFS Research Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.025793862834040324, "alpha_t_5y": -2.5705650756138128, "alpha_t_full": -0.6461185932350837, "r2_5y": 0.9788046584688824, "r2_full": 0.9805701597350227, "corr_portfolio": 0.2751198803792067, "corr_benchmark": 0.6201147084452369, "alpha_pos_frac": 0.5168067226890757, "fund_max_dd": -0.52229245276682, "first": "2006-05-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mfscx": {"sym": "mfscx", "name": "MFS South Carolina Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0008044187800244385, "alpha_t_5y": 0.0565540476062628, "alpha_t_full": 6.716077359803239, "r2_5y": 0.39859751630310325, "r2_full": 7.771561172376096e-16, "corr_portfolio": 0.03344869803622136, "corr_benchmark": 0.3691486743395041, "alpha_pos_frac": 0.5953757225433526, "fund_max_dd": -0.15904209433700334, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mfsmx": {"sym": "mfsmx", "name": "MFS Maryland Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003795362458755186, "alpha_t_5y": 0.28269499853649704, "alpha_t_full": 6.8512418511611095, "r2_5y": 0.40152055605879533, "r2_full": 2.9976021664879227e-15, "corr_portfolio": 0.04800689407078949, "corr_benchmark": 0.35008542214482724, "alpha_pos_frac": 0.5664739884393064, "fund_max_dd": -0.1486639174577573, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mfssx": {"sym": "mfssx", "name": "MFS Massachusetts Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0003131037345781588, "alpha_t_5y": 0.023427303157719914, "alpha_t_full": 6.979945331501847, "r2_5y": 0.39325389120586896, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.045540515275922976, "corr_benchmark": 0.3541905040178228, "alpha_pos_frac": 0.5875486381322957, "fund_max_dd": -0.15613429643019316, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mfwtx": {"sym": "mfwtx", "name": "MFS Global Total Return Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0009682403941341421, "alpha_t_5y": 0.10366002883649138, "alpha_t_full": 4.986464467053304, "r2_5y": 0.9390573291456654, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.3973400121594816, "corr_benchmark": 0.6622511401108665, "alpha_pos_frac": 0.5, "fund_max_dd": -0.33213192157428795, "first": "1990-09-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mfwvx": {"sym": "mfwvx", "name": "MFS West Virginia Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0043221193923123355, "alpha_t_5y": 0.3067867595429904, "alpha_t_full": 6.975310582372534, "r2_5y": 0.3914996352365715, "r2_full": 7.771561172376096e-16, "corr_portfolio": 0.0168838892195488, "corr_benchmark": 0.36126085629164495, "alpha_pos_frac": 0.5433526011560693, "fund_max_dd": -0.14323970357783644, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mgfox": {"sym": "mgfox", "name": "Income Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.026452589928619808, "alpha_t_5y": 3.1228489219827082, "alpha_t_full": 3.451707286603494, "r2_5y": 0.5800012996313164, "r2_full": 0.547734623915205, "corr_portfolio": 0.1175539403175502, "corr_benchmark": 0.5305769152874877, "alpha_pos_frac": 0.5714285714285714, "fund_max_dd": -0.12019741006691975, "first": "2019-01-03", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "mghax": {"sym": "mghax", "name": "NYLI Candriam Emerging Markets Debt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0070163608216457585, "alpha_t_5y": -0.3704194202928966, "alpha_t_full": 4.316699727873747, "r2_5y": 0.5220498705084371, "r2_full": 0.0, "corr_portfolio": 0.24351720759190532, "corr_benchmark": 0.46073904306480623, "alpha_pos_frac": 0.5435897435897435, "fund_max_dd": -0.3269400046665226, "first": "1998-06-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "mgiax": {"sym": "mgiax", "name": "MFS International Intrinsic Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0153533048601892, "alpha_t_5y": -0.6852558324855665, "alpha_t_full": 3.418942096325677, "r2_5y": 0.8855694516091662, "r2_full": -6.661338147750939e-16, "corr_portfolio": 0.2942403533342004, "corr_benchmark": 0.5773293015583884, "alpha_pos_frac": 0.4723404255319149, "fund_max_dd": -0.5194145628242859, "first": "1995-10-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mglax": {"sym": "mglax", "name": "MFS Global Real Estate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.044180075807086626, "alpha_t_5y": -2.7011916606555535, "alpha_t_full": -1.0722204878260975, "r2_5y": 0.9416351411275938, "r2_full": 0.9259432209143335, "corr_portfolio": 0.2817107060825477, "corr_benchmark": 0.6120320216987074, "alpha_pos_frac": 0.47549019607843135, "fund_max_dd": -0.38549612234965636, "first": "2009-03-12", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mgrax": {"sym": "mgrax", "name": "MFS International Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010707614985157654, "alpha_t_5y": -0.47727353929660143, "alpha_t_full": 2.5759275490176328, "r2_5y": 0.8736805068948574, "r2_full": 0.0, "corr_portfolio": 0.3147090461687435, "corr_benchmark": 0.5464630271760532, "alpha_pos_frac": 0.5319148936170213, "fund_max_dd": -0.552866740151589, "first": "1995-10-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mgsex": {"sym": "mgsex", "name": "AMG Veritas Asia Pacific Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0046720152690084005, "alpha_t_5y": -0.09378876278456892, "alpha_t_full": 3.0616519058486227, "r2_5y": 0.7181944088187829, "r2_full": 0.0, "corr_portfolio": 0.20789473475757803, "corr_benchmark": 0.46895680073660795, "alpha_pos_frac": 0.5381165919282511, "fund_max_dd": -0.6205084885941838, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "mgsix": {"sym": "mgsix", "name": "MFS Government Securities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0001449840847779058, "alpha_t_5y": 0.02722411275943238, "alpha_t_full": 4.729048061150423, "r2_5y": 0.9515953740758043, "r2_full": 2.220446049250313e-16, "corr_portfolio": -0.14548801784044005, "corr_benchmark": 0.653086887321985, "alpha_pos_frac": 0.4624277456647399, "fund_max_dd": -0.18416369695853496, "first": "1997-01-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mgvax": {"sym": "mgvax", "name": "NYLI MacKay U.S. Infrastructure Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.015539960467369242, "alpha_t_5y": 2.3824497231825887, "alpha_t_full": 5.061940356523121, "r2_5y": 0.9211124158130176, "r2_full": -8.881784197001252e-16, "corr_portfolio": -0.1112774913744201, "corr_benchmark": 0.6073090086734083, "alpha_pos_frac": 0.47398843930635837, "fund_max_dd": -0.17242481610992233, "first": "1995-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mhcax": {"sym": "mhcax", "name": "NYLI MacKay High Yield Corporate Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009431974907546542, "alpha_t_5y": 1.1291009006715989, "alpha_t_full": 8.76694240763274, "r2_5y": 0.7326252574841785, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.3073651290547232, "corr_benchmark": 0.45808889376872775, "alpha_pos_frac": 0.4956896551724138, "fund_max_dd": -0.2938752305540392, "first": "1995-01-03", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "mhitx": {"sym": "mhitx", "name": "MFS High Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004605523284966248, "alpha_t_5y": -0.4226805506103496, "alpha_t_full": 7.457389220056021, "r2_5y": 0.7605544247325582, "r2_full": -5.995204332975845e-15, "corr_portfolio": 0.28028737938879433, "corr_benchmark": 0.4250876807984767, "alpha_pos_frac": 0.38144329896907214, "fund_max_dd": -0.36808717635897825, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "mhoax": {"sym": "mhoax", "name": "MFS Global High Yield Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006542395295223362, "alpha_t_5y": 0.5942597996492694, "alpha_t_full": 5.312974167628529, "r2_5y": 0.6908554355034355, "r2_full": 2.7755575615628914e-15, "corr_portfolio": 0.30456198897159154, "corr_benchmark": 0.3957718541677147, "alpha_pos_frac": 0.47766323024054985, "fund_max_dd": -0.4071365652905, "first": "1998-07-01", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "miaax": {"sym": "miaax", "name": "MFS Inflation-Adjusted Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0009104475113850766, "alpha_t_5y": -0.0688684790311801, "alpha_t_full": -0.585309476995666, "r2_5y": 0.7254559701160725, "r2_full": 0.6318130483771504, "corr_portfolio": -0.06085626706382225, "corr_benchmark": 0.6136043932592227, "alpha_pos_frac": 0.5404255319148936, "fund_max_dd": -0.16045155675726652, "first": "2003-10-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "miazx": {"sym": "miazx", "name": "American Funds Multi-Sector Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010338825438792146, "alpha_t_5y": 1.537555963250717, "alpha_t_full": 1.1358155668362127, "r2_5y": 0.882935487842261, "r2_full": 0.8659186937870744, "corr_portfolio": 0.188515737598151, "corr_benchmark": 0.6524867591427497, "alpha_pos_frac": 0.6385542168674698, "fund_max_dd": -0.16540777978717514, "first": "2019-03-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "midax": {"sym": "midax", "name": "MFS International New Discovery Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.029535018480557455, "alpha_t_5y": -1.4277487966398312, "alpha_t_full": 1.1522119001178972, "r2_5y": 0.8615990838304975, "r2_full": 0.8542660814204679, "corr_portfolio": 0.33810503095247857, "corr_benchmark": 0.5471006709669395, "alpha_pos_frac": 0.5381165919282511, "fund_max_dd": -0.5859082757343431, "first": "2001-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "midsx": {"sym": "midsx", "name": "Midas Discovery", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06208090694235108, "alpha_t_5y": -0.7635851367643817, "alpha_t_full": 1.07047462398137, "r2_5y": 0.7107641661619009, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.07419810240469338, "corr_benchmark": 0.321855252738924, "alpha_pos_frac": 0.515695067264574, "fund_max_dd": -0.8972083614697808, "first": "1995-11-10", "verdict": "weak/unstable alpha", "alpha_name": false}, "mieix": {"sym": "mieix", "name": "MFS International Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002931712899200693, "alpha_t_5y": 0.15230068022339197, "alpha_t_full": 2.39185693007181, "r2_5y": 0.9087849373149821, "r2_full": 0.8846952588022736, "corr_portfolio": 0.36036571349694957, "corr_benchmark": 0.5241524250062757, "alpha_pos_frac": 0.515695067264574, "fund_max_dd": -0.5313386071776649, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "migfx": {"sym": "migfx", "name": "Massachusetts Investors Growth Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04158667768560414, "alpha_t_5y": -2.2798102851251274, "alpha_t_full": 3.2321422674754348, "r2_5y": 0.9336986198197801, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.24585830162798583, "corr_benchmark": 0.6230312827479214, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.6203790823370595, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mishx": {"sym": "mishx", "name": "AB Municipal Income Shares", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011446764811625796, "alpha_t_5y": 0.7419287284250975, "alpha_t_full": 1.835673656579206, "r2_5y": 0.41444699689333964, "r2_full": 0.38754983738488114, "corr_portfolio": 0.07425345783766146, "corr_benchmark": 0.36791631091459787, "alpha_pos_frac": 0.5714285714285714, "fund_max_dd": -0.190287122274294, "first": "2012-10-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "missx": {"sym": "missx", "name": "MFS Mississippi Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0012290669059077611, "alpha_t_5y": 0.09067103851556427, "alpha_t_full": 6.236777692457195, "r2_5y": 0.3944342801888926, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.043796846835850334, "corr_benchmark": 0.3679095184987909, "alpha_pos_frac": 0.5953757225433526, "fund_max_dd": -0.14610287868826866, "first": "1992-08-04", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mittx": {"sym": "mittx", "name": "Massachusetts Investors Trust", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01597981555542135, "alpha_t_5y": -1.367731246029588, "alpha_t_full": 3.207235035810628, "r2_5y": 0.9680114311786376, "r2_full": -6.661338147750939e-16, "corr_portfolio": 0.29394342048664124, "corr_benchmark": 0.6057170728650096, "alpha_pos_frac": 0.48936170212765956, "fund_max_dd": -0.49533912566647176, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "miucx": {"sym": "miucx", "name": "MFS Municipal Intermediate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0007736679077789817, "alpha_t_5y": 0.06900515606492541, "alpha_t_full": 0.06900515606492541, "r2_5y": 0.397695178425423, "r2_full": 0.397695178425423, "corr_portfolio": -0.044368406885342215, "corr_benchmark": 0.38225745246066273, "alpha_pos_frac": 0.5263157894736842, "fund_max_dd": -0.13149310973505723, "first": "2021-05-19", "verdict": "weak/unstable alpha", "alpha_name": false}, "mkvhx": {"sym": "mkvhx", "name": "MFS International Large Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04115854081605162, "alpha_t_5y": 2.1935895543826374, "alpha_t_full": 1.9106552370931311, "r2_5y": 0.9142000449411467, "r2_full": 0.913000033808753, "corr_portfolio": 0.33790459233033604, "corr_benchmark": 0.5127451133626689, "alpha_pos_frac": 0.5, "fund_max_dd": -0.267053612596316, "first": "2020-07-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mlaax": {"sym": "mlaax", "name": "NYLI Winslow Large Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04693919508043705, "alpha_t_5y": -2.218898761905965, "alpha_t_full": 1.9919994273639843, "r2_5y": 0.9498331750302941, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.15129553297888432, "corr_benchmark": 0.6072017080180797, "alpha_pos_frac": 0.5525291828793775, "fund_max_dd": -0.830086591930398, "first": "1995-07-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mlfax": {"sym": "mlfax", "name": "MFS Lifetime 2040 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010662257242045314, "alpha_t_5y": -1.1925212912316558, "alpha_t_full": -0.5309967772585511, "r2_5y": 0.9715740223020346, "r2_full": 0.9606868665944949, "corr_portfolio": 0.3403442129200188, "corr_benchmark": 0.6310227427889278, "alpha_pos_frac": 0.5605381165919282, "fund_max_dd": -0.5520543210285819, "first": "2005-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mllax": {"sym": "mllax", "name": "MFS Lifetime Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002206845245548551, "alpha_t_5y": 0.3436561669668705, "alpha_t_full": 0.5162912381071653, "r2_5y": 0.9299518635986345, "r2_full": 0.906614747694348, "corr_portfolio": 0.2652696110425647, "corr_benchmark": 0.8189736304847942, "alpha_pos_frac": 0.4484304932735426, "fund_max_dd": -0.17014982949128687, "first": "2005-12-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mlozx": {"sym": "mlozx", "name": "Cohen & Steers Future of Energy Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0822266801048786, "alpha_t_5y": 1.8617711033891573, "alpha_t_full": 0.38077980087088875, "r2_5y": 0.6880639404426663, "r2_full": 0.6472872313753298, "corr_portfolio": 0.3150019859671362, "corr_benchmark": 0.3811773111229306, "alpha_pos_frac": 0.5069444444444444, "fund_max_dd": -0.7228605419837566, "first": "2013-12-24", "verdict": "weak/unstable alpha", "alpha_name": false}, "mlpnx": {"sym": "mlpnx", "name": "Invesco SteelPath MLP Alpha Plus Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.14530881568903511, "alpha_t_5y": 1.9717176111970138, "alpha_t_full": 0.030374216268723147, "r2_5y": 0.5425413682369193, "r2_full": 0.4767618524329206, "corr_portfolio": 0.27161437559147467, "corr_benchmark": 0.30427224271166137, "alpha_pos_frac": 0.5411764705882353, "fund_max_dd": -0.8861104912771193, "first": "2012-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "mlpox": {"sym": "mlpox", "name": "Invesco SteelPath MLP Alpha Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.1143779148847129, "alpha_t_5y": 2.02786521621799, "alpha_t_full": 0.08167310097517344, "r2_5y": 0.5478892896125177, "r2_full": 0.44094454075860356, "corr_portfolio": 0.2807528433865705, "corr_benchmark": 0.3055473548983511, "alpha_pos_frac": 0.5392670157068062, "fund_max_dd": -0.7695901426332562, "first": "2010-04-06", "verdict": "weak/unstable alpha", "alpha_name": false}, "mlptx": {"sym": "mlptx", "name": "Invesco SteelPath MLP Select 40 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.12110915863336069, "alpha_t_5y": 2.3510972278672675, "alpha_t_full": 0.3498456748038772, "r2_5y": 0.5517850045490342, "r2_full": 0.4670401856479548, "corr_portfolio": 0.28958630942917907, "corr_benchmark": 0.3212154875447154, "alpha_pos_frac": 0.518324607329843, "fund_max_dd": -0.7562165802366865, "first": "2010-04-07", "verdict": "weak/unstable alpha", "alpha_name": false}, "mlpzx": {"sym": "mlpzx", "name": "Invesco SteelPath MLP Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.12236777531489836, "alpha_t_5y": 2.3057578486075245, "alpha_t_full": 0.10097925386453682, "r2_5y": 0.5175796406487942, "r2_full": 0.4397760079644101, "corr_portfolio": 0.2745000022239705, "corr_benchmark": 0.30154532161035347, "alpha_pos_frac": 0.5130890052356021, "fund_max_dd": -0.7750873621803462, "first": "2010-04-06", "verdict": "weak/unstable alpha", "alpha_name": false}, "mltax": {"sym": "mltax", "name": "MFS Lifetime 2030 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004996318696231012, "alpha_t_5y": -0.6320101420323838, "alpha_t_full": -0.02722339719602806, "r2_5y": 0.9484560546377749, "r2_full": 0.9238878825384347, "corr_portfolio": 0.3250432882114806, "corr_benchmark": 0.6657507398252157, "alpha_pos_frac": 0.48717948717948717, "fund_max_dd": -0.5318399416003592, "first": "2005-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mlvax": {"sym": "mlvax", "name": "MFS Low Volatility Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0018597761272011206, "alpha_t_5y": -0.09056734313535268, "alpha_t_full": 0.3652342755169928, "r2_5y": 0.8607801433051264, "r2_full": 0.9145228006285394, "corr_portfolio": 0.3195517291622279, "corr_benchmark": 0.5955720714309721, "alpha_pos_frac": 0.5102040816326531, "fund_max_dd": -0.3414633876065445, "first": "2013-12-09", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mmgax": {"sym": "mmgax", "name": "MFS Georgia Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002483075600436205, "alpha_t_5y": 0.17041547698355364, "alpha_t_full": 6.702735918217986, "r2_5y": 0.3966190317485715, "r2_full": -1.7763568394002505e-15, "corr_portfolio": 0.04309198045061873, "corr_benchmark": 0.3613439910746954, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.15847052695296548, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mmgpx": {"sym": "mmgpx", "name": "Discovery Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.2096330268334594, "alpha_t_5y": -1.6505609727256703, "alpha_t_full": -0.10947121935157353, "r2_5y": 0.5453510833919305, "r2_full": 0.5219437589223848, "corr_portfolio": -0.043805004540106864, "corr_benchmark": 0.493406772278972, "alpha_pos_frac": 0.5408560311284046, "fund_max_dd": -0.8745470952541257, "first": "1999-10-19", "verdict": "weak/unstable alpha", "alpha_name": false}, "mmhyx": {"sym": "mmhyx", "name": "MFS Municipal High Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010531749344295635, "alpha_t_5y": 0.6951960074777012, "alpha_t_full": 8.058458920843318, "r2_5y": 0.4296992582257789, "r2_full": -2.4424906541753444e-15, "corr_portfolio": 0.05806639493438524, "corr_benchmark": 0.3489801098884224, "alpha_pos_frac": 0.6127167630057804, "fund_max_dd": -0.23267098536941822, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mmufx": {"sym": "mmufx", "name": "MFS Utilities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013545523861485168, "alpha_t_5y": 0.2896147131385606, "alpha_t_full": 4.008645750244608, "r2_5y": 0.49775875768766575, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.2645562463413659, "corr_benchmark": 0.5236412190288204, "alpha_pos_frac": 0.547085201793722, "fund_max_dd": -0.5601020543114601, "first": "1992-02-18", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mncex": {"sym": "mncex", "name": "Mercer Non-US Core Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.012604297867540793, "alpha_t_5y": 0.49369851865724895, "alpha_t_full": 0.8512037771785035, "r2_5y": 0.8421863493455953, "r2_full": 0.8733197853468981, "corr_portfolio": 0.37325419427824674, "corr_benchmark": 0.5502652072952683, "alpha_pos_frac": 0.46153846153846156, "fund_max_dd": -0.3278837455433432, "first": "2019-09-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "mndax": {"sym": "mndax", "name": "MFS New Discovery Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0723616746857423, "alpha_t_5y": -2.369426168259726, "alpha_t_full": -0.6812169718096084, "r2_5y": 0.899658675421422, "r2_full": 0.8893958399103512, "corr_portfolio": 0.170527931263082, "corr_benchmark": 0.5759528132248565, "alpha_pos_frac": 0.5129310344827587, "fund_max_dd": -0.6289936005777907, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "msvax": {"sym": "msvax", "name": "MFS Virginia Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0009957515234129623, "alpha_t_5y": 0.0687098259676151, "alpha_t_full": 6.721629916597085, "r2_5y": 0.40142484409289936, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.0410074257904861, "corr_benchmark": 0.3592617062686689, "alpha_pos_frac": 0.5838150289017341, "fund_max_dd": -0.15078391213833298, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mtbax": {"sym": "mtbax", "name": "NYLI MacKay Tax Free Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0007406245087870841, "alpha_t_5y": 0.05489553348841294, "alpha_t_full": 6.17380049147084, "r2_5y": 0.3701846687422887, "r2_full": 8.881784197001252e-16, "corr_portfolio": 0.04895433019990402, "corr_benchmark": 0.3117556708427996, "alpha_pos_frac": 0.5722543352601156, "fund_max_dd": -0.15756058686053198, "first": "1995-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mtcax": {"sym": "mtcax", "name": "MFS Technology Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.027948351418715777, "alpha_t_5y": -1.0468238163735417, "alpha_t_full": -0.38039341423190526, "r2_5y": 0.9355560729322734, "r2_full": 0.8536476241827782, "corr_portfolio": 0.11863020730276233, "corr_benchmark": 0.5963410669889054, "alpha_pos_frac": 0.4980544747081712, "fund_max_dd": -0.8237184835912401, "first": "1999-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mtcgx": {"sym": "mtcgx", "name": "M Large Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04818340767691862, "alpha_t_5y": -1.8592490141886018, "alpha_t_full": -1.557256016944811, "r2_5y": 0.9191567941727183, "r2_full": 0.8935161897718299, "corr_portfolio": 0.17749945161539604, "corr_benchmark": 0.5887721429687378, "alpha_pos_frac": 0.515695067264574, "fund_max_dd": -0.687002029036043, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mtlfx": {"sym": "mtlfx", "name": "MFS Municipal Limited Maturity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010389942388520671, "alpha_t_5y": 1.4411309183080558, "alpha_t_full": 8.781688694029642, "r2_5y": 0.3536661213625758, "r2_full": 5.88418203051333e-15, "corr_portfolio": 0.055601718906850804, "corr_benchmark": 0.2971610207231145, "alpha_pos_frac": 0.5229681978798587, "fund_max_dd": -0.08983481078113775, "first": "1992-03-09", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "mtrax": {"sym": "mtrax", "name": "NYLI Income Builder Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0028062468581811027, "alpha_t_5y": 0.2772142500410893, "alpha_t_full": 3.7033720266814707, "r2_5y": 0.9457001596003809, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.36856847268694853, "corr_benchmark": 0.7129337687029124, "alpha_pos_frac": 0.47533632286995514, "fund_max_dd": -0.394416892904464, "first": "1995-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mueax": {"sym": "mueax", "name": "MFS Blended Research Core Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007885358533487952, "alpha_t_5y": 0.7467263110146874, "alpha_t_full": 0.49345141231747336, "r2_5y": 0.9777631780046948, "r2_full": 0.9706810874599625, "corr_portfolio": 0.29953587757080846, "corr_benchmark": 0.6074593206404288, "alpha_pos_frac": 0.4396887159533074, "fund_max_dd": -0.5493505386033902, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mvalx": {"sym": "mvalx", "name": "MERIDIAN CONTRARIAN FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00851572844848401, "alpha_t_5y": -0.35100415979053534, "alpha_t_full": 4.173820863779294, "r2_5y": 0.9193474389232729, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.28539187167281904, "corr_benchmark": 0.5522631834282212, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.5015239598535404, "first": "1994-02-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mvcax": {"sym": "mvcax", "name": "MFS Mid Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010088266755254429, "alpha_t_5y": 0.5090570929725464, "alpha_t_full": 1.0426824563383235, "r2_5y": 0.9247326563834822, "r2_full": 0.9276671415045272, "corr_portfolio": 0.3834691698977543, "corr_benchmark": 0.5398883441042209, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.59894717847924, "first": "2001-09-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mveix": {"sym": "mveix", "name": "Monteagle Select Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02068591312408421, "alpha_t_5y": 0.7421827545915518, "alpha_t_full": 0.10302683595007181, "r2_5y": 0.8141080716316506, "r2_full": 0.702385631776761, "corr_portfolio": 0.2671727990757026, "corr_benchmark": 0.3996588954214522, "alpha_pos_frac": 0.4785992217898833, "fund_max_dd": -0.6344483605702842, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "mvgax": {"sym": "mvgax", "name": "MFS Low Volatility Global Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.024493208280847382, "alpha_t_5y": 1.355411563208218, "alpha_t_full": 1.5868461289551385, "r2_5y": 0.8336004690678962, "r2_full": 0.8875881621117452, "corr_portfolio": 0.3671156432313979, "corr_benchmark": 0.5954406095695969, "alpha_pos_frac": 0.5034013605442177, "fund_max_dd": -0.3018741053817767, "first": "2013-12-09", "verdict": "weak/unstable alpha", "alpha_name": false}, "mwefx": {"sym": "mwefx", "name": "MFS Global Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.046016562393525806, "alpha_t_5y": -2.3525855128403492, "alpha_t_full": 3.174672136981501, "r2_5y": 0.9058948589188601, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.3415246808052925, "corr_benchmark": 0.5858993989460842, "alpha_pos_frac": 0.5617021276595745, "fund_max_dd": -0.5182111972004291, "first": "1993-09-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mwofx": {"sym": "mwofx", "name": "MFS Global Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.050464411630205624, "alpha_t_5y": -2.6787926472571937, "alpha_t_full": 3.076940558674128, "r2_5y": 0.9177401809254034, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.2724918535417036, "corr_benchmark": 0.6201686020427634, "alpha_pos_frac": 0.547085201793722, "fund_max_dd": -0.5610081522487622, "first": "1993-11-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mxccx": {"sym": "mxccx", "name": "Federated Hermes Max-Cap Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010981953119772202, "alpha_t_5y": -1.6392675457752635, "alpha_t_full": -2.3132338109119606, "r2_5y": 0.9909915901625186, "r2_full": 0.9820050485237828, "corr_portfolio": 0.28164085365563, "corr_benchmark": 0.6143525480827162, "alpha_pos_frac": 0.4886731391585761, "fund_max_dd": -0.5533403130854504, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "mxigx": {"sym": "mxigx", "name": "Empower International Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09303195913206451, "alpha_t_5y": -2.462720695469626, "alpha_t_full": -2.188939776688119, "r2_5y": 0.7803614400971474, "r2_full": 0.7615701365143606, "corr_portfolio": 0.23829870978608336, "corr_benchmark": 0.5337297636747963, "alpha_pos_frac": 0.5909090909090909, "fund_max_dd": -0.6328326683877019, "first": "2003-05-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "naarx": {"sym": "naarx", "name": "American Funds Retirement Income Portfolio - Conservative", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008196931972328712, "alpha_t_5y": 1.3072062850402153, "alpha_t_full": 1.508139259851316, "r2_5y": 0.9469743044248847, "r2_full": 0.9416446885231008, "corr_portfolio": 0.2989441800367642, "corr_benchmark": 0.8134963379469772, "alpha_pos_frac": 0.5317460317460317, "fund_max_dd": -0.15660811975188482, "first": "2015-08-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nacmx": {"sym": "nacmx", "name": "Columbia California Intermediate Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0008383925917745087, "alpha_t_5y": 0.09396480245326518, "alpha_t_full": 1.709557845331734, "r2_5y": 0.37124083595422896, "r2_full": 0.2884382182721765, "corr_portfolio": 0.043295790890780374, "corr_benchmark": 0.33270049719259176, "alpha_pos_frac": 0.5354609929078015, "fund_max_dd": -0.10979002300264618, "first": "2002-08-21", "verdict": "weak/unstable alpha", "alpha_name": false}, "nanr": {"sym": "nanr", "name": "State Street(R) SPDR(R) S&P(R) North American Natural Resources ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.028272203484037993, "alpha_t_5y": 0.5466302547761017, "alpha_t_full": 0.13768053702556518, "r2_5y": 0.7197922281806508, "r2_full": 0.7420941342091105, "corr_portfolio": 0.37113923738377547, "corr_benchmark": 0.3883920696888027, "alpha_pos_frac": 0.4016393442622951, "fund_max_dd": -0.4914929593462255, "first": "2015-12-21", "verdict": "weak/unstable alpha", "alpha_name": false}, "napix": {"sym": "napix", "name": "Voya Multi-Manager International Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00010772911027657289, "alpha_t_5y": 0.005725340198476609, "alpha_t_full": -0.7870548179900667, "r2_5y": 0.9278725823430072, "r2_full": 0.8810943332512947, "corr_portfolio": 0.3828035762522231, "corr_benchmark": 0.5469650177880592, "alpha_pos_frac": 0.5919282511210763, "fund_max_dd": -0.6835497479017605, "first": "2005-12-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "nbarx": {"sym": "nbarx", "name": "American Funds Retirement Income Portfolio - Moderate", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010204272837832562, "alpha_t_5y": 1.4007587078841768, "alpha_t_full": 1.416191376043171, "r2_5y": 0.9517097687454344, "r2_full": 0.9557864181750656, "corr_portfolio": 0.3413642604774375, "corr_benchmark": 0.7374111133024424, "alpha_pos_frac": 0.49206349206349204, "fund_max_dd": -0.18502935621882088, "first": "2015-08-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nbiax": {"sym": "nbiax", "name": "Columbia Capital Allocation Moderate Aggressive Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010337903821484935, "alpha_t_5y": -1.3772404613115654, "alpha_t_full": 2.2833402682054063, "r2_5y": 0.9767644957239986, "r2_full": 0.9086209645146527, "corr_portfolio": 0.29696032043443304, "corr_benchmark": 0.6835078068194935, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.40741997900150106, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nbngx": {"sym": "nbngx", "name": "SIT MID CAP GROWTH FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04631617498831234, "alpha_t_5y": -1.5296341818558834, "alpha_t_full": -2.141674190043151, "r2_5y": 0.887882485013179, "r2_full": 0.9092643534463735, "corr_portfolio": 0.20404761280611597, "corr_benchmark": 0.6005250620322223, "alpha_pos_frac": 0.4692556634304207, "fund_max_dd": -0.7093938787018769, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nbrvx": {"sym": "nbrvx", "name": "Neuberger Mid Cap Intrinsic Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013367657400416023, "alpha_t_5y": -0.5424708792138131, "alpha_t_full": -0.22368751159643166, "r2_5y": 0.9067424359016215, "r2_full": 0.8702329188027909, "corr_portfolio": 0.3552160849152223, "corr_benchmark": 0.5261277782128675, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.6515275755343999, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ncaax": {"sym": "ncaax", "name": "Nuveen California Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005714536024724924, "alpha_t_5y": -0.4168978725143216, "alpha_t_full": 6.020507687655612, "r2_5y": 0.3938485259204658, "r2_full": 9.992007221626409e-16, "corr_portfolio": 0.04365935184667315, "corr_benchmark": 0.3610594313851647, "alpha_pos_frac": 0.5371024734982333, "fund_max_dd": -0.17492733497872037, "first": "1994-09-07", "verdict": "weak/unstable alpha", "alpha_name": false}, "ncbgx": {"sym": "ncbgx", "name": "New Covenant Balanced Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006195003947133346, "alpha_t_5y": -1.3393183654919558, "alpha_t_full": 0.02731587518965528, "r2_5y": 0.9894736419596207, "r2_full": 0.8228715700819835, "corr_portfolio": 0.2453627938211466, "corr_benchmark": 0.634453461279351, "alpha_pos_frac": 0.6153846153846154, "fund_max_dd": -0.4127239541997887, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ncbix": {"sym": "ncbix", "name": "New Covenant Balanced Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002975461859904378, "alpha_t_5y": -0.7158635301584895, "alpha_t_full": 1.3989601039606603, "r2_5y": 0.9804647517050243, "r2_full": 0.7721183066574717, "corr_portfolio": 0.22805894703209006, "corr_benchmark": 0.7734445580028494, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.32186460917610726, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ncgfx": {"sym": "ncgfx", "name": "New Covenant Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010187664205641937, "alpha_t_5y": -1.5743029915763584, "alpha_t_full": -0.7324805067330775, "r2_5y": 0.9919433218211839, "r2_full": 0.949497931325705, "corr_portfolio": 0.27681392175362945, "corr_benchmark": 0.6025337991138241, "alpha_pos_frac": 0.5326460481099656, "fund_max_dd": -0.5813334375458721, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nchax": {"sym": "nchax", "name": "Nuveen California High Yield Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01971693999136053, "alpha_t_5y": -0.8845901598319669, "alpha_t_full": 0.011904556330449602, "r2_5y": 0.38772521872039245, "r2_full": 0.1987639792900926, "corr_portfolio": 0.07303664238728719, "corr_benchmark": 0.32271524446858346, "alpha_pos_frac": 0.5840336134453782, "fund_max_dd": -0.397841543462636, "first": "2006-04-18", "verdict": "weak/unstable alpha", "alpha_name": false}, "ncicx": {"sym": "ncicx", "name": "New Covenant Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00020008747532278818, "alpha_t_5y": -0.04739152982244618, "alpha_t_full": 3.026748053724257, "r2_5y": 0.9531365682646572, "r2_full": 5.551115123125783e-16, "corr_portfolio": -0.06398565563681417, "corr_benchmark": 0.6499833365836933, "alpha_pos_frac": 0.6358381502890174, "fund_max_dd": -0.21117585714599907, "first": "1999-07-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ncirx": {"sym": "ncirx", "name": "Nuveen Core Impact Bond Managed Accounts Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011996230404796974, "alpha_t_5y": -1.4329515068452245, "alpha_t_full": -0.9950644287044746, "r2_5y": 0.9427371208918975, "r2_full": 0.08110645393006122, "corr_portfolio": -0.0343748666498373, "corr_benchmark": 0.22596612090111118, "alpha_pos_frac": 0.9852941176470589, "fund_max_dd": -0.6041785694893618, "first": "2020-07-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nclex": {"sym": "nclex", "name": "NICHOLAS LTD EDITION INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06358072217478611, "alpha_t_5y": -2.0326605486131437, "alpha_t_full": 2.9817756596622504, "r2_5y": 0.8541000803647427, "r2_full": 0.0, "corr_portfolio": 0.20661377332384387, "corr_benchmark": 0.5784593120843269, "alpha_pos_frac": 0.5739910313901345, "fund_max_dd": -0.48677847543596364, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ncoax": {"sym": "ncoax", "name": "Nuveen High Yield Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009026304255676397, "alpha_t_5y": 1.362503340232803, "alpha_t_full": -0.0937403070530004, "r2_5y": 0.894927049630921, "r2_full": 0.8281102823321325, "corr_portfolio": 0.31640160909042697, "corr_benchmark": 0.423969647958734, "alpha_pos_frac": 0.5664739884393064, "fund_max_dd": -0.23049932577752508, "first": "2010-04-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nctwx": {"sym": "nctwx", "name": "NICHOLAS II INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0475901870617115, "alpha_t_5y": -1.6128804987823193, "alpha_t_full": 3.462871279449025, "r2_5y": 0.8479568862090829, "r2_full": 0.0, "corr_portfolio": 0.24851656176619372, "corr_benchmark": 0.5921875179720019, "alpha_pos_frac": 0.521551724137931, "fund_max_dd": -0.4646150667051202, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "ndarx": {"sym": "ndarx", "name": "American Funds Retirement Income Portfolio - Enhanced", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006282215743182556, "alpha_t_5y": 0.8154419164824598, "alpha_t_full": 0.8398364714778019, "r2_5y": 0.9621156173981273, "r2_full": 0.9655697471289288, "corr_portfolio": 0.34374519607458276, "corr_benchmark": 0.6867942692686523, "alpha_pos_frac": 0.5079365079365079, "fund_max_dd": -0.23620140654224853, "first": "2015-08-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ndvax": {"sym": "ndvax", "name": "MFS New Discovery Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004161752396315417, "alpha_t_5y": 0.17881004193510458, "alpha_t_full": 1.7669071762753275, "r2_5y": 0.9242882155088114, "r2_full": 0.9346991008915189, "corr_portfolio": 0.3535439794998781, "corr_benchmark": 0.49632550324751207, "alpha_pos_frac": 0.480225988700565, "fund_max_dd": -0.4405761685202628, "first": "2011-05-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nefjx": {"sym": "nefjx", "name": "Vaughan Nelson Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01750177067813415, "alpha_t_5y": 0.6600215438950806, "alpha_t_full": -0.1308178426349989, "r2_5y": 0.9044271352185649, "r2_full": 0.9127738611460281, "corr_portfolio": 0.32576348070799194, "corr_benchmark": 0.5205915259109286, "alpha_pos_frac": 0.5087719298245614, "fund_max_dd": -0.6557731614248759, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nefox": {"sym": "nefox", "name": "Natixis Oakmark Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02023894946592134, "alpha_t_5y": 0.7064423213528095, "alpha_t_full": 3.1664243664686627, "r2_5y": 0.862080771768091, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.36024682999505664, "corr_benchmark": 0.5172901943475076, "alpha_pos_frac": 0.4425531914893617, "fund_max_dd": -0.6235146360993009, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nefrx": {"sym": "nefrx", "name": "Loomis Sayles Core Plus Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0019547730266806207, "alpha_t_5y": -0.3775061410688526, "alpha_t_full": 6.754041707114993, "r2_5y": 0.9559545828983692, "r2_full": 0.0, "corr_portfolio": -0.04483250045239879, "corr_benchmark": 0.741855111831975, "alpha_pos_frac": 0.4358974358974359, "fund_max_dd": -0.18761691011519233, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nefzx": {"sym": "nefzx", "name": "Loomis Sayles Strategic Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003658102956048982, "alpha_t_5y": 0.42368016283446797, "alpha_t_full": 6.384607898117147, "r2_5y": 0.8422584085173231, "r2_full": 1.4432899320127035e-15, "corr_portfolio": 0.2502792435552544, "corr_benchmark": 0.6788801020511249, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.32059621521826565, "first": "1995-05-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "nesgx": {"sym": "nesgx", "name": "Needham Small Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.000727708126189692, "alpha_t_5y": -0.012951966507039458, "alpha_t_full": 1.1212238316307588, "r2_5y": 0.8042956362863204, "r2_full": 0.7249222872946699, "corr_portfolio": 0.11422310600775452, "corr_benchmark": 0.5001454457402623, "alpha_pos_frac": 0.5099601593625498, "fund_max_dd": -0.5028739969400402, "first": "2002-05-24", "verdict": "weak/unstable alpha", "alpha_name": false}, "newfx": {"sym": "newfx", "name": "NEW WORLD FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02674531031712862, "alpha_t_5y": -1.1962453841989074, "alpha_t_full": 1.410105831694773, "r2_5y": 0.8916598105730408, "r2_full": 0.6752369855247218, "corr_portfolio": 0.2893721125804052, "corr_benchmark": 0.5525697146382463, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.5671112134075851, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nfrax": {"sym": "nfrax", "name": "Nuveen Floating Rate Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.039775474148876694, "alpha_t_5y": 4.9322736737743265, "alpha_t_full": 2.566406739703, "r2_5y": 0.5155538409442189, "r2_full": 0.6444374434560212, "corr_portfolio": 0.32008937488256256, "corr_benchmark": 0.27902724282000824, "alpha_pos_frac": 0.5730337078651685, "fund_max_dd": -0.22122247588526112, "first": "2011-05-03", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "ngcax": {"sym": "ngcax", "name": "Columbia Greater China Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.11171968713402765, "alpha_t_5y": -1.9158713504078442, "alpha_t_full": 2.0277973510139473, "r2_5y": 0.7817706379995097, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.13124746807645205, "corr_benchmark": 0.3254892861386413, "alpha_pos_frac": 0.49327354260089684, "fund_max_dd": -0.7245094703035198, "first": "1997-05-19", "verdict": "weak/unstable alpha", "alpha_name": false}, "nhmax": {"sym": "nhmax", "name": "Nuveen High Yield Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0039149169142773665, "alpha_t_5y": 0.18272527923420856, "alpha_t_full": 4.3596556202742125, "r2_5y": 0.3950874990475812, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.09222306824618037, "corr_benchmark": 0.32726452086357527, "alpha_pos_frac": 0.5953757225433526, "fund_max_dd": -0.455557856545038, "first": "1999-06-08", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "nicsx": {"sym": "nicsx", "name": "NICHOLAS FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.019179771553007922, "alpha_t_5y": -1.0734891037849508, "alpha_t_full": 3.9556043528342597, "r2_5y": 0.9357959714416347, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.23453129754015895, "corr_benchmark": 0.6143190663887192, "alpha_pos_frac": 0.5333333333333333, "fund_max_dd": -0.5019454475181375, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "njtfx": {"sym": "njtfx", "name": "T. Rowe Price New Jersey Tax-Free Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00763258129119727, "alpha_t_5y": 0.6152588519873272, "alpha_t_full": 1.0166774796533244, "r2_5y": 0.4018469690328146, "r2_full": 0.38504388654030763, "corr_portfolio": 0.04417422438142261, "corr_benchmark": 0.36453334833515727, "alpha_pos_frac": 0.5752212389380531, "fund_max_dd": -0.14602096066049086, "first": "2016-09-14", "verdict": "weak/unstable alpha", "alpha_name": false}, "nlgax": {"sym": "nlgax", "name": "Columbia Capital Allocation Moderate Conservative Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0047046293335274115, "alpha_t_5y": -0.7942240932657684, "alpha_t_full": 4.631083986080843, "r2_5y": 0.9656179424741757, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.25900962498748575, "corr_benchmark": 0.8170080796951049, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.2685073688423413, "first": "1996-10-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nlsax": {"sym": "nlsax", "name": "Neuberger Berman Long Short Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": -1.0489649800504441, "r2_5y": NaN, "r2_full": 0.7597914180929699, "corr_portfolio": 0.3938191096744254, "corr_benchmark": 0.5145794299058428, "alpha_pos_frac": 0.5471698113207547, "fund_max_dd": -0.17941457915503312, "first": "2011-12-30", "verdict": "no 5y window", "alpha_name": true}, "nmaax": {"sym": "nmaax", "name": "Nuveen Massachusetts Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004437530827823734, "alpha_t_5y": -0.36106150457886943, "alpha_t_full": 6.10331057889652, "r2_5y": 0.40732732287297946, "r2_full": -6.661338147750939e-16, "corr_portfolio": 0.03781494868656306, "corr_benchmark": 0.354062381715125, "alpha_pos_frac": 0.5838150289017341, "fund_max_dd": -0.16735502698997318, "first": "1994-09-07", "verdict": "weak/unstable alpha", "alpha_name": false}, "nmbax": {"sym": "nmbax", "name": "Nuveen Intermediate Duration Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0038154217858431226, "alpha_t_5y": 0.35536241947149133, "alpha_t_full": 6.893963361871559, "r2_5y": 0.39934463751586835, "r2_full": -2.220446049250313e-15, "corr_portfolio": 0.05331358698509937, "corr_benchmark": 0.3435115582159923, "alpha_pos_frac": 0.5408560311284046, "fund_max_dd": -0.12121394413654496, "first": "1995-06-14", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "nmdax": {"sym": "nmdax", "name": "Nuveen Maryland Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0029036049464424246, "alpha_t_5y": 0.19942998805631712, "alpha_t_full": 6.266687198343474, "r2_5y": 0.39513324397494487, "r2_full": 0.0, "corr_portfolio": 0.03606238437182063, "corr_benchmark": 0.3606551075888768, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.16157676717926772, "first": "1994-09-07", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "nmiex": {"sym": "nmiex", "name": "ACTIVE M INTERNATIONAL EQUITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010101356397738646, "alpha_t_5y": 0.5194819856247018, "alpha_t_full": -1.5736450959640675, "r2_5y": 0.9182926832504101, "r2_full": 0.8998929970315899, "corr_portfolio": 0.373239667676834, "corr_benchmark": 0.5525007233478543, "alpha_pos_frac": 0.452914798206278, "fund_max_dd": -0.5592623901298053, "first": "2006-06-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nmmex": {"sym": "nmmex", "name": "ACTIVE M EMERGING MARKETS EQUITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01261342357626106, "alpha_t_5y": -0.3873971184733235, "alpha_t_full": -0.8783621545848586, "r2_5y": 0.7960343866837077, "r2_full": 0.8538517429721262, "corr_portfolio": 0.3187242722465449, "corr_benchmark": 0.46378030125479613, "alpha_pos_frac": 0.45145631067961167, "fund_max_dd": -0.3979868369592223, "first": "2008-12-16", "verdict": "weak/unstable alpha", "alpha_name": false}, "nmmgx": {"sym": "nmmgx", "name": "MULTI-MANAGER GLOBAL REAL ESTATE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03924589113646899, "alpha_t_5y": -1.6674972243241934, "alpha_t_full": -1.5105559984393955, "r2_5y": 0.8810856670385193, "r2_full": 0.8953011928041585, "corr_portfolio": 0.28490440299527303, "corr_benchmark": 0.6072181334227575, "alpha_pos_frac": 0.5776699029126213, "fund_max_dd": -0.4028238812682835, "first": "2008-12-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "nmuix": {"sym": "nmuix", "name": "Neuberger Municipal Intermediate Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0014789231966426666, "alpha_t_5y": 0.15120668817106414, "alpha_t_full": 7.704237708597729, "r2_5y": 0.4077392277691507, "r2_full": 1.1102230246251565e-15, "corr_portfolio": 0.03703433854372351, "corr_benchmark": 0.3471776550938575, "alpha_pos_frac": 0.5214007782101168, "fund_max_dd": -0.1341026057609117, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "nnjax": {"sym": "nnjax", "name": "Nuveen New Jersey Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0021338138566512946, "alpha_t_5y": 0.1487288268076536, "alpha_t_full": 6.084782833685566, "r2_5y": 0.395810708974886, "r2_full": 2.220446049250313e-15, "corr_portfolio": 0.037425505792616685, "corr_benchmark": 0.348456335007589, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.1635994339801028, "first": "1994-09-07", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "nnyax": {"sym": "nnyax", "name": "Nuveen New York Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0005212408901512473, "alpha_t_5y": 0.0358315136149504, "alpha_t_full": 6.045471044102319, "r2_5y": 0.41620939148989033, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.03868299559179597, "corr_benchmark": 0.3746829137139221, "alpha_pos_frac": 0.5722543352601156, "fund_max_dd": -0.17596595747875665, "first": "1994-09-07", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "noiax": {"sym": "noiax", "name": "Natixis Oakmark International Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011222685449204677, "alpha_t_5y": -0.3674126222295156, "alpha_t_full": -0.46893563363238466, "r2_5y": 0.8623214959495591, "r2_full": 0.8765820055342614, "corr_portfolio": 0.37828800074791696, "corr_benchmark": 0.4573006288174468, "alpha_pos_frac": 0.47802197802197804, "fund_max_dd": -0.5397340398603887, "first": "2010-12-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "notax": {"sym": "notax", "name": "DWS Strategic High Yield Tax-Free Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03458997462862232, "alpha_t_5y": -1.7410536981851819, "alpha_t_full": 4.957620371253398, "r2_5y": 0.41681860660568026, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.04383475934520356, "corr_benchmark": 0.34879325042498033, "alpha_pos_frac": 0.6242774566473989, "fund_max_dd": -0.2737867312725175, "first": "2000-05-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "novix": {"sym": "novix", "name": "Global Secured Options Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": -1.9240525759262788, "r2_5y": NaN, "r2_full": 0.8862366353649794, "corr_portfolio": -0.09989696332632156, "corr_benchmark": -0.034472357733126575, "alpha_pos_frac": 0.6470588235294118, "fund_max_dd": -0.2549019607843137, "first": "2012-10-01", "verdict": "no 5y window", "alpha_name": false}, "nphix": {"sym": "nphix", "name": "HIGH INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002272599538395023, "alpha_t_5y": 0.31662536619806503, "alpha_t_full": -0.398579920411846, "r2_5y": 0.8899091739975755, "r2_full": 0.825722745852435, "corr_portfolio": 0.3057061267757481, "corr_benchmark": 0.4464795045046101, "alpha_pos_frac": 0.5189873417721519, "fund_max_dd": -0.21677112434348134, "first": "2013-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "npscx": {"sym": "npscx", "name": "Nuveen Preferred Securities and Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016727231375163513, "alpha_t_5y": 0.8919480005195736, "alpha_t_full": 0.15249574467740243, "r2_5y": 0.4723608396710586, "r2_full": 0.33735725198746824, "corr_portfolio": 0.31228592721714066, "corr_benchmark": 0.39446752579030814, "alpha_pos_frac": 0.5144508670520231, "fund_max_dd": -0.6144110941366212, "first": "2006-12-19", "verdict": "weak/unstable alpha", "alpha_name": false}, "nrfax": {"sym": "nrfax", "name": "AEW Global Focused Real Estate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015345276440864936, "alpha_t_5y": -0.9017434413213036, "alpha_t_full": 0.12833375383749868, "r2_5y": 0.9380244136918998, "r2_full": 0.9658373292590096, "corr_portfolio": 0.27070702838404087, "corr_benchmark": 0.581487562708043, "alpha_pos_frac": 0.5739910313901345, "fund_max_dd": -0.7417654816645052, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nsaox": {"sym": "nsaox", "name": "Nuveen Strategic Municipal Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0019825446995119468, "alpha_t_5y": -0.13906876621021944, "alpha_t_full": 1.6646756997196956, "r2_5y": 0.39847021128872284, "r2_full": 0.37628538064413486, "corr_portfolio": 0.06210329639707311, "corr_benchmark": 0.3411290481338952, "alpha_pos_frac": 0.5597014925373134, "fund_max_dd": -0.19036210278069154, "first": "2015-01-08", "verdict": "weak/unstable alpha", "alpha_name": false}, "nsbax": {"sym": "nsbax", "name": "Nuveen Dividend Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01393654584839839, "alpha_t_5y": -0.9221635563647291, "alpha_t_full": 1.2120464598988823, "r2_5y": 0.935084161986524, "r2_full": 0.9502992710747553, "corr_portfolio": 0.3366858977482437, "corr_benchmark": 0.5884276803133492, "alpha_pos_frac": 0.5063829787234042, "fund_max_dd": -0.4529234031764503, "first": "2006-03-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nseix": {"sym": "nseix", "name": "NICHOLAS EQUITY INCOME FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00950162239321549, "alpha_t_5y": -0.5649936182087678, "alpha_t_full": 3.5380512400561344, "r2_5y": 0.9124679275342406, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.35928196616379293, "corr_benchmark": 0.5495465087126717, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.4810865780289436, "first": "1993-11-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nsmax": {"sym": "nsmax", "name": "Nuveen Small/Mid Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03951890404206272, "alpha_t_5y": 1.5209001241271212, "alpha_t_full": 0.11844888601047103, "r2_5y": 0.900085644572342, "r2_full": 0.9102120270032975, "corr_portfolio": 0.34892264523238886, "corr_benchmark": 0.5039841356231192, "alpha_pos_frac": 0.5605381165919282, "fund_max_dd": -0.679084196678065, "first": "2006-12-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nsmmx": {"sym": "nsmmx", "name": "Columbia Short Duration Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011769081353212267, "alpha_t_5y": 2.0908363335975677, "alpha_t_full": 7.081954148403921, "r2_5y": 0.30826005592877403, "r2_full": 6.8833827526759706e-15, "corr_portfolio": 0.057607466928766934, "corr_benchmark": 0.2686272984478024, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.054232095757011045, "first": "1993-11-03", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "nstrx": {"sym": "nstrx", "name": "Columbia Short Term Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.021418355690017456, "alpha_t_5y": 4.339387784265224, "alpha_t_full": 9.262303050744128, "r2_5y": 0.7024309647229904, "r2_full": 2.220446049250313e-15, "corr_portfolio": 0.01981580740616467, "corr_benchmark": 0.3924380404819054, "alpha_pos_frac": 0.37572254335260113, "fund_max_dd": -0.09387369848990468, "first": "1992-10-05", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "nthex": {"sym": "nthex", "name": "NORTHEAST INVESTORS TRUST", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03956693027480881, "alpha_t_5y": 1.8022220176987005, "alpha_t_full": 5.859685374752044, "r2_5y": 0.11860985272118241, "r2_full": 1.4432899320127035e-15, "corr_portfolio": 0.25014664725373204, "corr_benchmark": 0.2077029279027634, "alpha_pos_frac": 0.5738831615120275, "fund_max_dd": -0.5061479511892839, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "nugax": {"sym": "nugax", "name": "Nuveen Global Dividend Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013309737089017493, "alpha_t_5y": -0.967655282856788, "alpha_t_full": -1.3302928733108201, "r2_5y": 0.9424176227328116, "r2_full": 0.9476771020087064, "corr_portfolio": 0.36446663347120906, "corr_benchmark": 0.5975218309033357, "alpha_pos_frac": 0.4878048780487805, "fund_max_dd": -0.3367928767803565, "first": "2012-06-12", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nvhax": {"sym": "nvhax", "name": "Nuveen Short Duration High Yield Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01716342633498619, "alpha_t_5y": 1.4923718940941686, "alpha_t_full": 2.5434927229965516, "r2_5y": 0.2761662225895567, "r2_full": 0.3336647236144682, "corr_portfolio": 0.12459817908509871, "corr_benchmark": 0.21281943090130565, "alpha_pos_frac": 0.5987261146496815, "fund_max_dd": -0.13568773973825887, "first": "2013-02-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "nwhnx": {"sym": "nwhnx", "name": "Nationwide Bailard International Equities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.023097390679575284, "alpha_t_5y": 1.5342647756988546, "alpha_t_full": 0.35788100103676307, "r2_5y": 0.9468873725991509, "r2_full": 0.9411487859697635, "corr_portfolio": 0.41181144969138145, "corr_benchmark": 0.5301195600323073, "alpha_pos_frac": 0.4563758389261745, "fund_max_dd": -0.3907159879047074, "first": "2013-09-18", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nwqax": {"sym": "nwqax", "name": "Nuveen Flexible Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0015355884280233894, "alpha_t_5y": -0.20032520772573356, "alpha_t_full": -0.5102527740679758, "r2_5y": 0.8902934461716631, "r2_full": 0.6705300665081666, "corr_portfolio": 0.3139708138195088, "corr_benchmark": 0.6577482554532937, "alpha_pos_frac": 0.5086705202312138, "fund_max_dd": -0.23891440633127548, "first": "2009-12-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "nyaax": {"sym": "nyaax", "name": "AMERICAN FUNDS TAX-EXEMPT FUND OF NEW YORK", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0040225473583517185, "alpha_t_5y": 0.2848485416020885, "alpha_t_full": 1.452604450501682, "r2_5y": 0.3840851288146777, "r2_full": 0.32776512746331776, "corr_portfolio": 0.02123427901126245, "corr_benchmark": 0.3559276914011442, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.15890876328928205, "first": "2010-11-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "nyvtx": {"sym": "nyvtx", "name": "Davis New York Venture Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00906994750994993, "alpha_t_5y": 0.305030339887884, "alpha_t_full": 3.646805890653166, "r2_5y": 0.8519677159844525, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.33328620674551024, "corr_benchmark": 0.5197930132625113, "alpha_pos_frac": 0.5099601593625498, "fund_max_dd": -0.5855488265322925, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "oafix": {"sym": "oafix", "name": "OPTIMUM FIXED INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004886175852258569, "alpha_t_5y": -0.9567030956863072, "alpha_t_full": 0.22929349281069544, "r2_5y": 0.9549785540240688, "r2_full": 0.8063553215738923, "corr_portfolio": -0.05197692247785588, "corr_benchmark": 0.7327534684611048, "alpha_pos_frac": 0.5433526011560693, "fund_max_dd": -0.1983065547731483, "first": "2003-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "oaiex": {"sym": "oaiex", "name": "OPTIMUM INTERNATIONAL FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.027500742626035517, "alpha_t_5y": -1.2271578548125173, "alpha_t_full": -1.8180381062551658, "r2_5y": 0.900583457931256, "r2_full": 0.8887094224713082, "corr_portfolio": 0.356212961585428, "corr_benchmark": 0.5405836256500143, "alpha_pos_frac": 0.47533632286995514, "fund_max_dd": -0.6068510831098042, "first": "2003-07-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "oakbx": {"sym": "oakbx", "name": "Oakmark Equity and Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006153799853102344, "alpha_t_5y": 0.3411134866879809, "alpha_t_full": 4.834313694041731, "r2_5y": 0.8697699605701001, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.371246958449659, "corr_benchmark": 0.5564203556231527, "alpha_pos_frac": 0.4358974358974359, "fund_max_dd": -0.3131187584366041, "first": "1995-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "oakex": {"sym": "oakex", "name": "Oakmark International Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002909191565613683, "alpha_t_5y": -0.0838268344792201, "alpha_t_full": 3.3525421105519158, "r2_5y": 0.7772834086816796, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.38778961147919666, "corr_benchmark": 0.45956469430126223, "alpha_pos_frac": 0.4793388429752066, "fund_max_dd": -0.6613610166616855, "first": "1995-11-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "oakgx": {"sym": "oakgx", "name": "Oakmark Global Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014911555869546988, "alpha_t_5y": -0.49411143847921185, "alpha_t_full": 1.36122573906225, "r2_5y": 0.8382604893632662, "r2_full": 0.7584205009971967, "corr_portfolio": 0.38368831105478474, "corr_benchmark": 0.5043402457363078, "alpha_pos_frac": 0.50199203187251, "fund_max_dd": -0.5857179701818698, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "oakix": {"sym": "oakix", "name": "Oakmark International Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005500821155048251, "alpha_t_5y": -0.15158001376875913, "alpha_t_full": 3.209806599965518, "r2_5y": 0.7944081494232356, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.39305299592865506, "corr_benchmark": 0.43608412917871386, "alpha_pos_frac": 0.4824561403508772, "fund_max_dd": -0.608329384339853, "first": "1992-10-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "oaklx": {"sym": "oaklx", "name": "Oakmark Select Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.028332396062816945, "alpha_t_5y": 0.7433530011353997, "alpha_t_full": 1.2215562911659312, "r2_5y": 0.7869487186214208, "r2_full": 0.8300096938877808, "corr_portfolio": 0.3292542457621716, "corr_benchmark": 0.5012938649157518, "alpha_pos_frac": 0.44680851063829785, "fund_max_dd": -0.6115065158779194, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "oakmx": {"sym": "oakmx", "name": "Oakmark Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.019531388772424278, "alpha_t_5y": 0.6820528429873625, "alpha_t_full": 4.55203077291563, "r2_5y": 0.8610429606212693, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.3614110401250136, "corr_benchmark": 0.5151302280815169, "alpha_pos_frac": 0.4808510638297872, "fund_max_dd": -0.5619480347429107, "first": "1991-08-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "oakwx": {"sym": "oakwx", "name": "Oakmark Global Select Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.026905018755528646, "alpha_t_5y": -0.8342949415080407, "alpha_t_full": 0.07388663953933082, "r2_5y": 0.7866918424661704, "r2_full": 0.8636228706466956, "corr_portfolio": 0.3572884769591909, "corr_benchmark": 0.4936797641965902, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.5626085375538958, "first": "2006-10-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "oalgx": {"sym": "oalgx", "name": "OPTIMUM LARGE CAP GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05224085433719177, "alpha_t_5y": -1.2238479750597648, "alpha_t_full": -1.872613743738928, "r2_5y": 0.8224579525317999, "r2_full": 0.8979443860797308, "corr_portfolio": 0.15027332377364522, "corr_benchmark": 0.5939729402466465, "alpha_pos_frac": 0.5608856088560885, "fund_max_dd": -0.5538777452969619, "first": "2003-07-24", "verdict": "weak/unstable alpha", "alpha_name": false}, "oalvx": {"sym": "oalvx", "name": "OPTIMUM LARGE CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005784198631549606, "alpha_t_5y": 0.37899607351213915, "alpha_t_full": 0.1528527496688441, "r2_5y": 0.9335884311617505, "r2_full": 0.9440641766301339, "corr_portfolio": 0.3899025452244982, "corr_benchmark": 0.5383179557314257, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.5680712313630496, "first": "2003-07-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "oasgx": {"sym": "oasgx", "name": "OPTIMUM SMALL-MID CAP GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05580355795175359, "alpha_t_5y": -2.132480666474915, "alpha_t_full": -1.9518553108817416, "r2_5y": 0.9297895759697788, "r2_full": 0.9256946560447268, "corr_portfolio": 0.18308409102204284, "corr_benchmark": 0.5758795523889668, "alpha_pos_frac": 0.4723404255319149, "fund_max_dd": -0.6297166275317017, "first": "2003-07-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "oasvx": {"sym": "oasvx", "name": "OPTIMUM SMALL-MID CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011674467147936874, "alpha_t_5y": -0.48273202914651253, "alpha_t_full": -1.2848990301839842, "r2_5y": 0.9165042017337135, "r2_full": 0.9227519059762149, "corr_portfolio": 0.3645870426194703, "corr_benchmark": 0.5102162345176466, "alpha_pos_frac": 0.5058365758754864, "fund_max_dd": -0.6582753385397521, "first": "2003-07-24", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "oney": {"sym": "oney", "name": "State Street(R) SPDR(R) Russell 1000 Yield Focus ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03515214842563244, "alpha_t_5y": 1.4219969359286198, "alpha_t_full": 1.1137181758695978, "r2_5y": 0.8728689833792886, "r2_full": 0.7744790213816011, "corr_portfolio": 0.38368395271898603, "corr_benchmark": 0.47242881329095504, "alpha_pos_frac": 0.4065040650406504, "fund_max_dd": -0.4679796420573904, "first": "2015-12-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "onjcx": {"sym": "onjcx", "name": "Invesco New Jersey Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003364532437314904, "alpha_t_5y": 0.24808161066882115, "alpha_t_full": 4.108293800585044, "r2_5y": 0.38306898115003996, "r2_full": 4.440892098500626e-15, "corr_portfolio": 0.06695743772049785, "corr_benchmark": 0.31564127507899487, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.4140228519140272, "first": "1995-08-30", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "opacx": {"sym": "opacx", "name": "Invesco Pennsylvania Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003559543028831579, "alpha_t_5y": -0.23029050156838615, "alpha_t_full": 4.765683162145082, "r2_5y": 0.35999828593777505, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.04132377237750224, "corr_benchmark": 0.3149667754559082, "alpha_pos_frac": 0.5992217898832685, "fund_max_dd": -0.38955667999668053, "first": "1995-08-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "opcax": {"sym": "opcax", "name": "Invesco California Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002085041219357773, "alpha_t_5y": 0.12281996495938682, "alpha_t_full": 5.812402431971052, "r2_5y": 0.39848800227145764, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.04440212878224746, "corr_benchmark": 0.34996284503088493, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.4735707729608609, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "opnyx": {"sym": "opnyx", "name": "Invesco Rochester AMT-Free New York Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0006681845541084621, "alpha_t_5y": 0.03759246373750551, "alpha_t_full": 5.694753378206453, "r2_5y": 0.39265244749518236, "r2_full": -1.7763568394002505e-15, "corr_portfolio": 0.03867434841608233, "corr_benchmark": 0.34970464905241994, "alpha_pos_frac": 0.6069364161849711, "fund_max_dd": -0.3459499584131701, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "origx": {"sym": "origx", "name": "NORTH SQUARE SPECTRUM ALPHA FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011747690517504131, "alpha_t_5y": -0.49370192716614214, "alpha_t_full": 3.1989170625120655, "r2_5y": 0.9332461572819861, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.22193308460528877, "corr_benchmark": 0.5586202144915828, "alpha_pos_frac": 0.5474137931034483, "fund_max_dd": -0.49060619311860776, "first": "1994-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "orilx": {"sym": "orilx", "name": "NORTH SQUARE MULTI STRATEGY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004094564146332569, "alpha_t_5y": 0.37896947051588986, "alpha_t_full": -1.112500680629622, "r2_5y": 0.9633390192463587, "r2_full": 0.9141513074005219, "corr_portfolio": 0.3126301165977903, "corr_benchmark": 0.5953364968349182, "alpha_pos_frac": 0.5433526011560693, "fund_max_dd": -0.505846985181069, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "orncx": {"sym": "orncx", "name": "Invesco Rochester Municipal Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0009040889073557055, "alpha_t_5y": 0.04934279283168825, "alpha_t_full": 3.706760154241528, "r2_5y": 0.41251377620465124, "r2_full": 1.6653345369377348e-15, "corr_portfolio": 0.06116409683918144, "corr_benchmark": 0.34555587376713937, "alpha_pos_frac": 0.5953757225433526, "fund_max_dd": -0.5604218323058511, "first": "1995-08-30", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "oscbx": {"sym": "oscbx", "name": "Overseas SMA Completion Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016805502517667156, "alpha_t_5y": 0.6025517998033428, "alpha_t_full": 0.5567398626785826, "r2_5y": 0.8315489807260928, "r2_full": 0.8720502561712581, "corr_portfolio": 0.38988286779613984, "corr_benchmark": 0.5168207493299157, "alpha_pos_frac": 0.4358974358974359, "fund_max_dd": -0.3950338101990687, "first": "2019-09-13", "verdict": "weak/unstable alpha", "alpha_name": false}, "ostax": {"sym": "ostax", "name": "JPMorgan Short-Intermediate Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010407778416834483, "alpha_t_5y": -1.2997954098712943, "alpha_t_full": 6.514249322414792, "r2_5y": 0.30776469995189215, "r2_full": -8.881784197001252e-16, "corr_portfolio": 0.03480540353218741, "corr_benchmark": 0.3292838130758523, "alpha_pos_frac": 0.5283842794759825, "fund_max_dd": -0.08722627428438368, "first": "1998-05-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "ostfx": {"sym": "ostfx", "name": "Osterweis Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0328292079170144, "alpha_t_5y": -1.812646164511442, "alpha_t_full": 4.112801702636659, "r2_5y": 0.9229786462321198, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.24423997908745645, "corr_benchmark": 0.6178814545559946, "alpha_pos_frac": 0.5234042553191489, "fund_max_dd": -0.42801951202699595, "first": "1993-10-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "otcax": {"sym": "otcax", "name": "MFS Mid Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07715506634601459, "alpha_t_5y": -2.4031132570756344, "alpha_t_full": 2.517412920187541, "r2_5y": 0.8567571923251208, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.17085654348149606, "corr_benchmark": 0.6167283551879356, "alpha_pos_frac": 0.5722543352601156, "fund_max_dd": -0.7425673764185973, "first": "1993-12-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "otcfx": {"sym": "otcfx", "name": "T. Rowe Price Small-Cap Stock Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.018821354432127943, "alpha_t_5y": -1.0276782538307054, "alpha_t_full": 3.5850242505851373, "r2_5y": 0.9520417835844943, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.24543526552486156, "corr_benchmark": 0.5668984948668035, "alpha_pos_frac": 0.5022421524663677, "fund_max_dd": -0.5636825646343744, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "owacx": {"sym": "owacx", "name": "Old Westbury All Cap Core Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04670762934075022, "alpha_t_5y": -2.3867213920758976, "alpha_t_full": -2.634752973040722, "r2_5y": 0.9284557178808351, "r2_full": 0.9201312098700253, "corr_portfolio": 0.262708944380579, "corr_benchmark": 0.6198872972749484, "alpha_pos_frac": 0.600896860986547, "fund_max_dd": -0.5931858376394941, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "owcax": {"sym": "owcax", "name": "Old Westbury California Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.000574056414694246, "alpha_t_5y": 0.07002911325230707, "alpha_t_full": 0.5325641497794075, "r2_5y": 0.4039919997858039, "r2_full": 0.38052793551175956, "corr_portfolio": 0.004478905148697983, "corr_benchmark": 0.4080213069251456, "alpha_pos_frac": 0.4827586206896552, "fund_max_dd": -0.08914587053802547, "first": "2018-12-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "owcix": {"sym": "owcix", "name": "Old Westbury Credit Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002103864524609918, "alpha_t_5y": 0.25211566209332836, "alpha_t_full": 0.35997052268557933, "r2_5y": 0.8865007137213889, "r2_full": 0.8856603442162633, "corr_portfolio": -0.10770440633066697, "corr_benchmark": 0.8496441691436327, "alpha_pos_frac": 0.6153846153846154, "fund_max_dd": -0.19910039198706198, "first": "2020-10-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "owfix": {"sym": "owfix", "name": "Old Westbury Fixed Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0013638993503456384, "alpha_t_5y": 0.22696895678173054, "alpha_t_full": 4.313659525492938, "r2_5y": 0.8835444089571618, "r2_full": 2.3314683517128287e-15, "corr_portfolio": -0.15737763269114566, "corr_benchmark": 0.5992136213659078, "alpha_pos_frac": 0.45454545454545453, "fund_max_dd": -0.12866899594662473, "first": "1998-03-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "owlsx": {"sym": "owlsx", "name": "Old Westbury Large Cap Strategies Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04808057676349274, "alpha_t_5y": -1.9822366087228702, "alpha_t_full": 2.0801721085774356, "r2_5y": 0.8787317225546588, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.2813199070884734, "corr_benchmark": 0.6081724454074314, "alpha_pos_frac": 0.5537848605577689, "fund_max_dd": -0.5317703502237789, "first": "1993-10-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "owmbx": {"sym": "owmbx", "name": "Old Westbury Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0017037733297662115, "alpha_t_5y": -0.19664637835704296, "alpha_t_full": 4.015694749462754, "r2_5y": 0.37701538200956497, "r2_full": 1.7763568394002505e-15, "corr_portfolio": -0.0027759167346638287, "corr_benchmark": 0.3714054973589138, "alpha_pos_frac": 0.49070631970260226, "fund_max_dd": -0.09542187684459635, "first": "1998-03-09", "verdict": "weak/unstable alpha", "alpha_name": false}, "ownyx": {"sym": "ownyx", "name": "Old Westbury New York Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00040879621217242027, "alpha_t_5y": 0.048976650435389096, "alpha_t_full": 0.5007962283706363, "r2_5y": 0.39098264957578754, "r2_full": 0.36011348697025813, "corr_portfolio": 0.01038791464832866, "corr_benchmark": 0.38567054496127623, "alpha_pos_frac": 0.5057471264367817, "fund_max_dd": -0.08980633887013367, "first": "2018-12-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "owsmx": {"sym": "owsmx", "name": "Old Westbury Small & Mid Cap Strategies Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06600790995303324, "alpha_t_5y": -2.7156753094117443, "alpha_t_full": -0.5702554592001546, "r2_5y": 0.8787672233764227, "r2_full": 0.8195806893193711, "corr_portfolio": 0.27740092911944125, "corr_benchmark": 0.6167979421966362, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.38347694507590435, "first": "2005-04-11", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "pacex": {"sym": "pacex", "name": "T. Rowe Price Emerging Markets Corporate Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.029784061056221316, "alpha_t_5y": -2.4373056348810094, "alpha_t_full": 2.540102671711059, "r2_5y": 0.5244710502799271, "r2_full": 0.4989378391807404, "corr_portfolio": 0.2083813536476997, "corr_benchmark": 0.2964794344021169, "alpha_pos_frac": 0.5393939393939394, "fund_max_dd": -0.22577654642309408, "first": "2012-05-29", "verdict": "weak/unstable alpha", "alpha_name": false}, "pacjx": {"sym": "pacjx", "name": "Putnam Retirement Advantage 2055 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00902959095767796, "alpha_t_5y": 0.8276727313441403, "alpha_t_full": 0.5247963651366399, "r2_5y": 0.9690012638242537, "r2_full": 0.9681313232712505, "corr_portfolio": 0.25136479315584387, "corr_benchmark": 0.668973066279746, "alpha_pos_frac": 0.4189189189189189, "fund_max_dd": -0.3213938888806894, "first": "2020-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "padcx": {"sym": "padcx", "name": "PGIM Absolute Return Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009662575109199524, "alpha_t_5y": 1.1017317652378988, "alpha_t_full": 2.0011643519435998, "r2_5y": 0.2658887884471809, "r2_full": 0.403778553758245, "corr_portfolio": 0.29093168096348476, "corr_benchmark": 0.1517945188590106, "alpha_pos_frac": 0.49710982658959535, "fund_max_dd": -0.18070752793130407, "first": "2011-03-31", "verdict": "weak/unstable alpha", "alpha_name": true}, "padlx": {"sym": "padlx", "name": "Putnam Retirement Advantage Maturity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009500630093189593, "alpha_t_5y": 1.3545995722690176, "alpha_t_full": 1.0261013773532046, "r2_5y": 0.9338935359638698, "r2_full": 0.9331610447857579, "corr_portfolio": 0.16931137694406587, "corr_benchmark": 0.8731742496797607, "alpha_pos_frac": 0.4594594594594595, "fund_max_dd": -0.16454305312833462, "first": "2020-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "paeax": {"sym": "paeax", "name": "Putnam Dynamic Asset Allocation Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002835696682676412, "alpha_t_5y": 0.3114549441717415, "alpha_t_full": 3.607221922616947, "r2_5y": 0.9739758571375768, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.3231359622542102, "corr_benchmark": 0.638175923866089, "alpha_pos_frac": 0.5794871794871795, "fund_max_dd": -0.5325376581994163, "first": "1994-02-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "paekx": {"sym": "paekx", "name": "Putnam Retirement Advantage 2050 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011363014510100574, "alpha_t_5y": 1.0246210347160993, "alpha_t_full": 0.5311792743946464, "r2_5y": 0.9645614610689988, "r2_full": 0.9641515519788711, "corr_portfolio": 0.2534741608954214, "corr_benchmark": 0.6777870598940468, "alpha_pos_frac": 0.4594594594594595, "fund_max_dd": -0.3071704587826122, "first": "2020-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "paelx": {"sym": "paelx", "name": "T. Rowe Price Emerging Markets Local Currency Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007414413265222142, "alpha_t_5y": -0.3730812994788119, "alpha_t_full": -1.0326220142853437, "r2_5y": 0.6408072437290246, "r2_full": 0.5920065928262552, "corr_portfolio": 0.2515849240133518, "corr_benchmark": 0.35012801992808307, "alpha_pos_frac": 0.536723163841808, "fund_max_dd": -0.3471025356466323, "first": "2011-05-31", "verdict": "weak/unstable alpha", "alpha_name": false}, "paffx": {"sym": "paffx", "name": "T. Rowe Price Target 2045 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01227340014217768, "alpha_t_5y": -1.2180134429300506, "alpha_t_full": 1.7785902722084501, "r2_5y": 0.9684745783194038, "r2_full": 0.39196132011028073, "corr_portfolio": 0.1920931357420296, "corr_benchmark": 0.4106407436212837, "alpha_pos_frac": 0.06, "fund_max_dd": -0.2985283298973661, "first": "2013-08-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pafmx": {"sym": "pafmx", "name": "Putnam Retirement Advantage 2045 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010225650145875264, "alpha_t_5y": 0.9303034691694104, "alpha_t_full": 0.8398405256207017, "r2_5y": 0.9608264248558164, "r2_full": 0.9619747191176523, "corr_portfolio": 0.2552308453591416, "corr_benchmark": 0.684143261006678, "alpha_pos_frac": 0.5, "fund_max_dd": -0.2922330133126778, "first": "2020-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pajrx": {"sym": "pajrx", "name": "T. Rowe Price Target 2025 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00332002383087611, "alpha_t_5y": -0.48389648610656616, "alpha_t_full": 0.3022123652308795, "r2_5y": 0.9554622276510547, "r2_full": 0.8891769247409311, "corr_portfolio": 0.30150612291698736, "corr_benchmark": 0.6518583036205818, "alpha_pos_frac": 0.54, "fund_max_dd": -0.2247884235099975, "first": "2013-08-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pamfx": {"sym": "pamfx", "name": "Federated Hermes Pennsylvania Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0024942615324732905, "alpha_t_5y": 0.2061124665475312, "alpha_t_full": 7.65057386193905, "r2_5y": 0.32491806283753244, "r2_full": -2.4424906541753444e-15, "corr_portfolio": 0.017487474655490075, "corr_benchmark": 0.3582883958626961, "alpha_pos_frac": 0.5914396887159533, "fund_max_dd": -0.1550346835743337, "first": "1990-10-12", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "pappx": {"sym": "pappx", "name": "Papp Small & Mid-Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07592958937745582, "alpha_t_5y": -2.430858259430634, "alpha_t_full": -1.6373228279957797, "r2_5y": 0.819037750390796, "r2_full": 0.8754424520888777, "corr_portfolio": 0.23771978011145273, "corr_benchmark": 0.5885610771155372, "alpha_pos_frac": 0.53125, "fund_max_dd": -0.34507048706344157, "first": "2010-03-09", "verdict": "weak/unstable alpha", "alpha_name": false}, "parmx": {"sym": "parmx", "name": "Parnassus Mid Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04267597639370613, "alpha_t_5y": -1.699292150118334, "alpha_t_full": -0.5165032006041697, "r2_5y": 0.8801971584008118, "r2_full": 0.903578171499473, "corr_portfolio": 0.26342323955782126, "corr_benchmark": 0.6119723340352121, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.4987332812733648, "first": "2005-05-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "parnx": {"sym": "parnx", "name": "Parnassus Mid Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08242011170130978, "alpha_t_5y": -2.112695417788619, "alpha_t_full": 3.00435258273467, "r2_5y": 0.850150466497406, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.1299055680772606, "corr_benchmark": 0.6075286312199196, "alpha_pos_frac": 0.5517241379310345, "fund_max_dd": -0.543354010838193, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "parwx": {"sym": "parwx", "name": "Parnassus Value Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010751323903286907, "alpha_t_5y": 0.258438746885427, "alpha_t_full": 1.92681179462933, "r2_5y": 0.71866421828126, "r2_full": 0.8546935700153009, "corr_portfolio": 0.3168857601968209, "corr_benchmark": 0.5174048806231558, "alpha_pos_frac": 0.46, "fund_max_dd": -0.4775975520519904, "first": "2005-05-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "pasux": {"sym": "pasux", "name": "T. 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Rowe Price Target 2065 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014310525141066675, "alpha_t_5y": -1.2769221995118432, "alpha_t_full": -1.1451677976752883, "r2_5y": 0.968904581895168, "r2_full": 0.9694429607269002, "corr_portfolio": 0.14345644844421257, "corr_benchmark": 0.6735941866233561, "alpha_pos_frac": 0.546875, "fund_max_dd": -0.2822705514640369, "first": "2020-10-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pbaix": {"sym": "pbaix", "name": "BLACKROCK TACTICAL OPPORTUNITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04790560433254764, "alpha_t_5y": 1.9584168684636383, "alpha_t_full": 3.5389326076140497, "r2_5y": 0.18724968846540346, "r2_full": 9.992007221626409e-16, "corr_portfolio": 0.2695792703045866, "corr_benchmark": 0.016520104440359434, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.39249287248987896, "first": "1993-06-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "pbamx": {"sym": "pbamx", "name": "Putnam Retirement Advantage 2040 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006793787554806139, "alpha_t_5y": 0.6457535508190279, "alpha_t_full": 0.754847667460761, "r2_5y": 0.9574098716233309, "r2_full": 0.959677533144429, "corr_portfolio": 0.2534039262718372, "corr_benchmark": 0.6987646630075736, "alpha_pos_frac": 0.4864864864864865, "fund_max_dd": -0.2757282276158258, "first": "2020-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pbbbx": {"sym": "pbbbx", "name": "PIA BBB Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005881201696622642, "alpha_t_5y": 0.595739502421347, "alpha_t_full": -0.47592294835721255, "r2_5y": 0.8707082764497436, "r2_full": 0.7930900996075123, "corr_portfolio": -0.008158122296365403, "corr_benchmark": 0.7026369029152514, "alpha_pos_frac": 0.5317919075144508, "fund_max_dd": -0.2274405382732736, "first": "2003-08-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pbcax": {"sym": "pbcax", "name": "PGIM CALIFORNIA MUNI INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004817554878606139, "alpha_t_5y": 0.4970874636131826, "alpha_t_full": 7.780567911992082, "r2_5y": 0.3099665848298714, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.06112092308892659, "corr_benchmark": 0.27421125771550475, "alpha_pos_frac": 0.5317919075144508, "fund_max_dd": -0.12256233407173134, "first": "1990-12-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "pbdix": {"sym": "pbdix", "name": "T. Rowe Price QM U.S. Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0034540226158731534, "alpha_t_5y": 0.7593426315458411, "alpha_t_full": -0.052996404742555785, "r2_5y": 0.9656150124307087, "r2_full": 0.879616121227012, "corr_portfolio": -0.12067708726934477, "corr_benchmark": 0.6643800803842884, "alpha_pos_frac": 0.5028901734104047, "fund_max_dd": -0.18628419709103805, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pbqax": {"sym": "pbqax", "name": "PGIM Jennison Blend Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.020162717507956437, "alpha_t_5y": -1.540358451636547, "alpha_t_full": 3.3203930187864183, "r2_5y": 0.9736876429765704, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.23477399134760737, "corr_benchmark": 0.5803442494285033, "alpha_pos_frac": 0.490272373540856, "fund_max_dd": -0.5389378140674224, "first": "1990-01-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pbsmx": {"sym": "pbsmx", "name": "PGIM SHORT-TERM CORPORATE BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011114692797236253, "alpha_t_5y": -1.7499118270509664, "alpha_t_full": 9.40536125744306, "r2_5y": 0.8123348679507127, "r2_full": -2.220446049250313e-15, "corr_portfolio": 0.035315849491460494, "corr_benchmark": 0.5072261886396883, "alpha_pos_frac": 0.4624277456647399, "fund_max_dd": -0.1035367488039487, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "pbus": {"sym": "pbus", "name": "Invesco MSCI USA ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0015557501452626874, "alpha_t_5y": -0.1688510402932283, "alpha_t_full": 0.6687671344511329, "r2_5y": 0.9831577943553412, "r2_full": 0.7899888623790129, "corr_portfolio": 0.22482660784505068, "corr_benchmark": 0.6020035939179506, "alpha_pos_frac": 0.5643564356435643, "fund_max_dd": -0.33153983156373135, "first": "2017-09-26", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pcdlx": {"sym": "pcdlx", "name": "Putnam Retirement Advantage 2035 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009692338156106817, "alpha_t_5y": 1.0457501934622992, "alpha_t_full": 0.39029489632360476, "r2_5y": 0.9570227909370321, "r2_full": 0.9588288246241897, "corr_portfolio": 0.24569529384555935, "corr_benchmark": 0.7267358434840885, "alpha_pos_frac": 0.5135135135135135, "fund_max_dd": -0.24781348986250962, "first": "2020-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pcef": {"sym": "pcef", "name": "Invesco CEF Income Composite ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.020303305866000685, "alpha_t_5y": -0.8928583497832183, "alpha_t_full": -1.9906149305140393, "r2_5y": 0.7702058391419888, "r2_full": 0.7331065290751341, "corr_portfolio": 0.31097148749226433, "corr_benchmark": 0.6238819944643696, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.3863544069898822, "first": "2010-02-22", "verdict": "weak/unstable alpha", "alpha_name": false}, "pcjsx": {"sym": "pcjsx", "name": "Putnam Retirement Advantage Plus 2065 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00846520734233115, "alpha_t_5y": -0.5370818314832475, "alpha_t_full": -0.5370818314832475, "r2_5y": 0.9366938123494435, "r2_full": 0.9366938123494435, "corr_portfolio": 0.12019192471696326, "corr_benchmark": 0.6565459954307089, "alpha_pos_frac": 0.46774193548387094, "fund_max_dd": -0.22445516803522447, "first": "2021-01-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pckex": {"sym": "pckex", "name": "Putnam Retirement Advantage 2065 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0075746348102405285, "alpha_t_5y": 0.7285977741086249, "alpha_t_full": 0.7285977741086249, "r2_5y": 0.9751541943078464, "r2_full": 0.9751541943078464, "corr_portfolio": 0.1287446631130224, "corr_benchmark": 0.6730184445061044, "alpha_pos_frac": 0.46774193548387094, "fund_max_dd": -0.24841664222161408, "first": "2021-01-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pclcx": {"sym": "pclcx", "name": "PACE Large Co Growth Equity Investments", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05805175519516592, "alpha_t_5y": -3.1175729035535626, "alpha_t_full": -2.1430115363935154, "r2_5y": 0.9513538713124289, "r2_full": 0.941496693004151, "corr_portfolio": 0.18688602618820402, "corr_benchmark": 0.619399847663849, "alpha_pos_frac": 0.5525291828793775, "fund_max_dd": -0.6398237825414241, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pclrx": {"sym": "pclrx", "name": "PGIM INCOME BUILDER FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018304913943733677, "alpha_t_5y": 1.309592788560438, "alpha_t_full": -1.0297653544960026, "r2_5y": 0.8410646509221504, "r2_full": 0.7604141765404143, "corr_portfolio": 0.3577821109011818, "corr_benchmark": 0.6396543411902245, "alpha_pos_frac": 0.5515695067264574, "fund_max_dd": -0.31199034710577367, "first": "2004-10-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "pconx": {"sym": "pconx", "name": "PUTNAM CONVERTIBLE SECURITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01073332173719811, "alpha_t_5y": -0.4369855409750212, "alpha_t_full": 4.848153025547787, "r2_5y": 0.8198896646408533, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.1686685629112609, "corr_benchmark": 0.5797410016874776, "alpha_pos_frac": 0.5657370517928287, "fund_max_dd": -0.4769840693520889, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "pcrix": {"sym": "pcrix", "name": "PIMCO CommodityRealReturn Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006742768447695586, "alpha_t_5y": 0.25766020689140984, "alpha_t_full": 0.591877710613131, "r2_5y": 0.8734326747796497, "r2_full": 0.14603373786378837, "corr_portfolio": 0.2230505578777076, "corr_benchmark": 0.1799548119525162, "alpha_pos_frac": 0.5129310344827587, "fund_max_dd": -0.7204192600560511, "first": "2002-07-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pcvax": {"sym": "pcvax", "name": "Virtus NFJ Small-Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0015682398506259685, "alpha_t_5y": -0.054924218644246625, "alpha_t_full": 1.3227310947527349, "r2_5y": 0.8906477896705692, "r2_full": 0.8938616410449873, "corr_portfolio": 0.31790831590723373, "corr_benchmark": 0.5237102130488784, "alpha_pos_frac": 0.5019455252918288, "fund_max_dd": -0.5097647671897545, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pdbax": {"sym": "pdbax", "name": "PGIM TOTAL RETURN BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006176029613084067, "alpha_t_5y": 0.7849784438491307, "alpha_t_full": 5.936489800801218, "r2_5y": 0.9002152568851371, "r2_full": -1.7763568394002505e-15, "corr_portfolio": -0.040165300557592445, "corr_benchmark": 0.6841564159332755, "alpha_pos_frac": 0.5433526011560693, "fund_max_dd": -0.20625378219460078, "first": "1995-01-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pdeax": {"sym": "pdeax", "name": "PGIM JENNISON EMERGING MARKETS EQUITY OPPORTUNITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05305471601082259, "alpha_t_5y": -1.0581462896889096, "alpha_t_full": -0.28368375927322476, "r2_5y": 0.7837943085445228, "r2_full": 0.7498704434206669, "corr_portfolio": 0.15648877934987504, "corr_benchmark": 0.45920382448737745, "alpha_pos_frac": 0.5182481751824818, "fund_max_dd": -0.552362980769046, "first": "2014-09-18", "verdict": "weak/unstable alpha", "alpha_name": false}, "pdhax": {"sym": "pdhax", "name": "PGIM Emerging Markets Debt Hard Currency Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005915620580249121, "alpha_t_5y": 0.3278762504745587, "alpha_t_full": -0.4579496338925686, "r2_5y": 0.5837444712311526, "r2_full": 0.5920628926480627, "corr_portfolio": 0.2210099352847333, "corr_benchmark": 0.5089472744567569, "alpha_pos_frac": 0.6224489795918368, "fund_max_dd": -0.29248890105732606, "first": "2017-12-19", "verdict": "weak/unstable alpha", "alpha_name": false}, "pdinx": {"sym": "pdinx", "name": "PUTNAM DIVERSIFIED INCOME TRUST", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007870595552057455, "alpha_t_5y": 0.25603001007596793, "alpha_t_full": 5.7757613946139115, "r2_5y": 0.10939675559633755, "r2_full": 8.881784197001252e-16, "corr_portfolio": 0.1515436580369243, "corr_benchmark": 0.20295102993548317, "alpha_pos_frac": 0.6205128205128205, "fund_max_dd": -0.4551253654646945, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": true}, "pdizx": {"sym": "pdizx", "name": "Putnam Retirement Advantage 2030 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007271321392502256, "alpha_t_5y": 0.7886346210078021, "alpha_t_full": 0.1697858080753807, "r2_5y": 0.9314067670259374, "r2_full": 0.9392043339405481, "corr_portfolio": 0.22337045683986115, "corr_benchmark": 0.7682622807213977, "alpha_pos_frac": 0.4864864864864865, "fund_max_dd": -0.21032149783938647, "first": "2020-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pdsax": {"sym": "pdsax", "name": "PGIM Short Duration Muni Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008697645763767158, "alpha_t_5y": -0.9490147305785134, "alpha_t_full": 2.422023951962814, "r2_5y": 0.31558437014257745, "r2_full": 0.31906962267466954, "corr_portfolio": 0.06475583689920278, "corr_benchmark": 0.25957593213886526, "alpha_pos_frac": 0.5106382978723404, "fund_max_dd": -0.1022519074994317, "first": "2014-06-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "pennx": {"sym": "pennx", "name": "Royce Small-Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009726121322793027, "alpha_t_5y": 0.4554771774980609, "alpha_t_full": 3.8500708363984057, "r2_5y": 0.9406332159024925, "r2_full": 5.551115123125783e-16, "corr_portfolio": 0.2879428555445985, "corr_benchmark": 0.5413396435438118, "alpha_pos_frac": 0.5431034482758621, "fund_max_dd": -0.5699986832089872, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "peopx": {"sym": "peopx", "name": "BNY Mellon S&P 500 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0035913522899650866, "alpha_t_5y": -0.5836808973177723, "alpha_t_full": -0.5377282471427501, "r2_5y": 0.9923666082270542, "r2_full": 0.9797612874095046, "corr_portfolio": 0.279275175918218, "corr_benchmark": 0.6163057871975196, "alpha_pos_frac": 0.40129449838187703, "fund_max_dd": -0.5551421648262652, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pequx": {"sym": "pequx", "name": "PUTNAM FOCUSED INTERNATIONAL EQUITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0038824618493101116, "alpha_t_5y": 0.15913611833209704, "alpha_t_full": 2.975741034319493, "r2_5y": 0.8694632491624296, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.31470685857300573, "corr_benchmark": 0.5824471863761062, "alpha_pos_frac": 0.4798206278026906, "fund_max_dd": -0.703122952170135, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pespx": {"sym": "pespx", "name": "BNY Mellon Midcap Index Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010999664191487948, "alpha_t_5y": -0.5690147353192967, "alpha_t_full": 3.6714273012052883, "r2_5y": 0.9453836202211632, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.3185452135295827, "corr_benchmark": 0.5641308516169997, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.5542950102770463, "first": "1991-06-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pexmx": {"sym": "pexmx", "name": "T. Rowe Price Extended Equity Market Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.029291425008172754, "alpha_t_5y": -1.57924938037728, "alpha_t_full": 0.0832476825061214, "r2_5y": 0.9608874758870909, "r2_full": 0.945509494737267, "corr_portfolio": 0.22763119450862992, "corr_benchmark": 0.5666831622055984, "alpha_pos_frac": 0.5, "fund_max_dd": -0.5794748064132105, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "peyax": {"sym": "peyax", "name": "PUTNAM LARGE CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.038238423570826734, "alpha_t_5y": 2.535882771088448, "alpha_t_full": 4.097487983379198, "r2_5y": 0.9373019742063371, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.399023279762834, "corr_benchmark": 0.5344381468066888, "alpha_pos_frac": 0.4798206278026906, "fund_max_dd": -0.5146951503243322, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pflrx": {"sym": "pflrx", "name": "Putnam Floating Rate Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.030391073004216836, "alpha_t_5y": 3.541135268202159, "alpha_t_full": 1.585498321597516, "r2_5y": 0.47272065327012247, "r2_full": 0.5650668462831917, "corr_portfolio": 0.3094628283236659, "corr_benchmark": 0.24933113853514885, "alpha_pos_frac": 0.48717948717948717, "fund_max_dd": -0.32851697194627005, "first": "2004-08-06", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "pfsax": {"sym": "pfsax", "name": "PGIM Jennison Financial Services Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010986857706066085, "alpha_t_5y": 0.3093739500224108, "alpha_t_full": 0.5611156814426181, "r2_5y": 0.8246545329718439, "r2_full": 0.8028935984912559, "corr_portfolio": 0.3595935750629374, "corr_benchmark": 0.4582700398168905, "alpha_pos_frac": 0.4470588235294118, "fund_max_dd": -0.5523287357447194, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "pfslx": {"sym": "pfslx", "name": "Paradigm Select Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.037983264480292565, "alpha_t_5y": 0.9449936714823882, "alpha_t_full": 0.7034139168480674, "r2_5y": 0.8532537848127546, "r2_full": 0.8931478552421699, "corr_portfolio": 0.2328617107071564, "corr_benchmark": 0.5663674824077501, "alpha_pos_frac": 0.47533632286995514, "fund_max_dd": -0.5238151042823442, "first": "2005-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pfxf": {"sym": "pfxf", "name": "VanEck Preferred Securities ex Financials ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.022332878880026982, "alpha_t_5y": -0.8322256499550678, "alpha_t_full": -1.172517074780516, "r2_5y": 0.6561553267089688, "r2_full": 0.6261053162491539, "corr_portfolio": 0.2335996519509493, "corr_benchmark": 0.5981419395547352, "alpha_pos_frac": 0.50920245398773, "fund_max_dd": -0.3549405222980784, "first": "2012-07-20", "verdict": "weak/unstable alpha", "alpha_name": false}, "pgdix": {"sym": "pgdix", "name": "Diversified Income Fund (f/k/a Global Diversified Income Fund)", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011021267230538269, "alpha_t_5y": 1.176338106480683, "alpha_t_full": 2.3403818173569553, "r2_5y": 0.6959185108108339, "r2_full": 0.6351184595877413, "corr_portfolio": 0.30646260408143494, "corr_benchmark": 0.589110782118715, "alpha_pos_frac": 0.4563106796116505, "fund_max_dd": -0.237601821742342, "first": "2008-12-17", "verdict": "weak/unstable alpha", "alpha_name": true}, "pgeix": {"sym": "pgeix", "name": "Polen Emerging Markets Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07551974802683063, "alpha_t_5y": -1.334552951852035, "alpha_t_full": -1.319287948877762, "r2_5y": 0.6480350867841163, "r2_full": 0.621508515553193, "corr_portfolio": 0.06634917200636273, "corr_benchmark": 0.4009328143855441, "alpha_pos_frac": 0.625, "fund_max_dd": -0.492424219393378, "first": "2020-10-19", "verdict": "weak/unstable alpha", "alpha_name": false}, "pgeox": {"sym": "pgeox", "name": "GEORGE PUTNAM FUND OF BOSTON", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005163689776198642, "alpha_t_5y": 0.7830734179306102, "alpha_t_full": 4.1378845985816195, "r2_5y": 0.9802068464437529, "r2_full": -8.881784197001252e-16, "corr_portfolio": 0.2590824763726946, "corr_benchmark": 0.7144321680815223, "alpha_pos_frac": 0.5260115606936416, "fund_max_dd": -0.5063291505183176, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pggax": {"sym": "pggax", "name": "American Funds Global Growth Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02872020393391556, "alpha_t_5y": -2.05125377094395, "alpha_t_full": -1.4247626205147488, "r2_5y": 0.962984307728542, "r2_full": 0.9609462369907775, "corr_portfolio": 0.2665020520448951, "corr_benchmark": 0.6180825355663426, "alpha_pos_frac": 0.5212121212121212, "fund_max_dd": -0.3440665191990774, "first": "2012-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pggix": {"sym": "pggix", "name": "PUTNAM GLOBAL INCOME TRUST", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01499821573847721, "alpha_t_5y": -2.197114655331362, "alpha_t_full": 3.7178076336670176, "r2_5y": 0.8917065331030135, "r2_full": -6.661338147750939e-16, "corr_portfolio": 0.02258874692232828, "corr_benchmark": 0.6071702323378692, "alpha_pos_frac": 0.515695067264574, "fund_max_dd": -0.2681045724793484, "first": "1996-06-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pgjax": {"sym": "pgjax", "name": "PGIM Jennison Global Infrastructure Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0024518560913109554, "alpha_t_5y": 0.07947600449267134, "alpha_t_full": -0.05280125624347114, "r2_5y": 0.7142433238994828, "r2_full": 0.7699291836212773, "corr_portfolio": 0.3399575947961548, "corr_benchmark": 0.5611659877896849, "alpha_pos_frac": 0.5100671140939598, "fund_max_dd": -0.36664638198669763, "first": "2013-09-26", "verdict": "weak/unstable alpha", "alpha_name": false}, "pgkax": {"sym": "pgkax", "name": "PGIM Jennison Technology Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008094637731113671, "alpha_t_5y": -0.218473592572552, "alpha_t_full": 0.1348000461416803, "r2_5y": 0.9049367293865277, "r2_full": 0.9062198639917447, "corr_portfolio": 0.027682586996486454, "corr_benchmark": 0.6150427301662096, "alpha_pos_frac": 0.43478260869565216, "fund_max_dd": -0.485896478277541, "first": "2018-06-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pgnax": {"sym": "pgnax", "name": "PGIM Jennison Natural Resources Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": 2.2780731753409653, "r2_5y": NaN, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.08183608016663571, "corr_benchmark": 0.21430211496599427, "alpha_pos_frac": NaN, "fund_max_dd": -0.7156398043070942, "first": "1990-01-23", "verdict": "no 5y window", "alpha_name": false}, "pgoax": {"sym": "pgoax", "name": "PGIM JENNISON SMALL COMPANY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014951369443629242, "alpha_t_5y": -0.692726780799233, "alpha_t_full": 3.416358089663622, "r2_5y": 0.9375824371948344, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.27704460529005365, "corr_benchmark": 0.5533331881550394, "alpha_pos_frac": 0.4663677130044843, "fund_max_dd": -0.5656820575753753, "first": "1990-01-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pgrnx": {"sym": "pgrnx", "name": "Impax Global Environmental Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04654462730550963, "alpha_t_5y": -1.7585470988594156, "alpha_t_full": -1.3536562820350229, "r2_5y": 0.8831405720128434, "r2_full": 0.9065473136412708, "corr_portfolio": 0.28908973826942125, "corr_benchmark": 0.6063037634388917, "alpha_pos_frac": 0.46511627906976744, "fund_max_dd": -0.5254395246869658, "first": "2008-03-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pgrox": {"sym": "pgrox", "name": "BNY Mellon Worldwide Growth Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.044834012020789696, "alpha_t_5y": -2.620460727022271, "alpha_t_full": 3.6125704905905565, "r2_5y": 0.9399448272544365, "r2_full": 0.0, "corr_portfolio": 0.25372969602646644, "corr_benchmark": 0.6214504030025514, "alpha_pos_frac": 0.4618834080717489, "fund_max_dd": -0.47747953213589023, "first": "1993-07-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pgsix": {"sym": "pgsix", "name": "PUTNAM MORTGAGE SECURITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007760443201267376, "alpha_t_5y": 0.2931746338664741, "alpha_t_full": 4.1820510714033, "r2_5y": 0.4566851371451671, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.03291500162663316, "corr_benchmark": 0.442574634983087, "alpha_pos_frac": 0.517948717948718, "fund_max_dd": -0.22278455023542265, "first": "1996-06-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "pgvax": {"sym": "pgvax", "name": "PGIM GOVERNMENT INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0072592032686236456, "alpha_t_5y": -1.1075971377715066, "alpha_t_full": 5.159994314805401, "r2_5y": 0.9321567798582333, "r2_full": 2.1094237467877974e-15, "corr_portfolio": -0.13365504927537805, "corr_benchmark": 0.6345641743946662, "alpha_pos_frac": 0.6011560693641619, "fund_max_dd": -0.21587822357319053, "first": "1990-01-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pgwax": {"sym": "pgwax", "name": "Virtus Silvant Focused Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02810853738456608, "alpha_t_5y": -1.1307944600072044, "alpha_t_full": 3.371890900822078, "r2_5y": 0.9351030321882126, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.14337637652874352, "corr_benchmark": 0.604940388326626, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.664607312347052, "first": "1990-10-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pheax": {"sym": "pheax", "name": "PGIM Global Total Return (USD Hedged) Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0011204388406018586, "alpha_t_5y": -0.128444235603477, "alpha_t_full": 0.7812947492763578, "r2_5y": 0.7817129217703762, "r2_full": 0.7605149439412424, "corr_portfolio": 0.007729324796808906, "corr_benchmark": 0.6876315559429306, "alpha_pos_frac": 0.5816326530612245, "fund_max_dd": -0.2343623880675647, "first": "2017-12-13", "verdict": "weak/unstable alpha", "alpha_name": false}, "phizx": {"sym": "phizx", "name": "PGIM Muni High Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011223925114200351, "alpha_t_5y": 0.6893606843082871, "alpha_t_full": 5.655941686048611, "r2_5y": 0.3608257341678719, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.06294927896467394, "corr_benchmark": 0.29976447839320225, "alpha_pos_frac": 0.6184971098265896, "fund_max_dd": -0.1880123438222404, "first": "1996-09-17", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "phlax": {"sym": "phlax", "name": "PGIM Jennison Health Sciences Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": 3.0051209809947173, "r2_5y": NaN, "r2_full": 0.35830961818610707, "corr_portfolio": 0.22800399630732848, "corr_benchmark": 0.27563957739853234, "alpha_pos_frac": 0.49767441860465117, "fund_max_dd": -0.42408484202177965, "first": "1999-07-01", "verdict": "no 5y window", "alpha_name": false}, "phstx": {"sym": "phstx", "name": "PUTNAM GLOBAL HEALTH CARE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017065934105168965, "alpha_t_5y": 0.41334482537676615, "alpha_t_full": 3.8653915721945316, "r2_5y": 0.5273265780082941, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.2545256412608181, "corr_benchmark": 0.4842871825185496, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.45513778475316935, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "phyix": {"sym": "phyix", "name": "PUTNAM HIGH YIELD FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004622664994174524, "alpha_t_5y": 0.5042453583995471, "alpha_t_full": 9.166485481918494, "r2_5y": 0.774638101971778, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.3173759246439919, "corr_benchmark": 0.4674865934254459, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.3124573345260716, "first": "1990-01-03", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "phyl": {"sym": "phyl", "name": "PGIM Active High Yield Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -2.3943030660413822e-06, "alpha_t_5y": -0.00022905775084075596, "alpha_t_full": -0.291132392365543, "r2_5y": 0.7973390471723192, "r2_full": 0.7514676405229113, "corr_portfolio": 0.23769756784724355, "corr_benchmark": 0.6175546391264902, "alpha_pos_frac": 0.550561797752809, "fund_max_dd": -0.2206842807858872, "first": "2018-09-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "physx": {"sym": "physx", "name": "PIA High Yield Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017355513932412154, "alpha_t_5y": 1.603314651747347, "alpha_t_full": 4.132619190292692, "r2_5y": 0.5485338779580614, "r2_full": 0.5942614528308012, "corr_portfolio": 0.32596098530328316, "corr_benchmark": 0.3534302681773009, "alpha_pos_frac": 0.5524861878453039, "fund_max_dd": -0.19862598531080722, "first": "2011-01-13", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "piafx": {"sym": "piafx", "name": "Invesco Multi-Asset Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00728027511397978, "alpha_t_5y": -0.6870960946580325, "alpha_t_full": -1.9790595023701771, "r2_5y": 0.8699571979399088, "r2_full": 0.7075962167836265, "corr_portfolio": 0.2936242675533314, "corr_benchmark": 0.720787301610445, "alpha_pos_frac": 0.6058823529411764, "fund_max_dd": -0.30412713823920845, "first": "2011-12-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "piamx": {"sym": "piamx", "name": "PIA High Yield (MACS) Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02226151595636209, "alpha_t_5y": 2.109240435603496, "alpha_t_full": 2.9372631489432273, "r2_5y": 0.5681693192391636, "r2_full": 0.6178231597623178, "corr_portfolio": 0.32496370670834335, "corr_benchmark": 0.40382370240350984, "alpha_pos_frac": 0.47959183673469385, "fund_max_dd": -0.1814997586291619, "first": "2017-12-27", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "piasx": {"sym": "piasx", "name": "PIA Short-Term Securities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005656205528652352, "alpha_t_5y": 1.4017752578691653, "alpha_t_full": 13.26342835330542, "r2_5y": 0.46659543334128184, "r2_full": -1.3322676295501878e-15, "corr_portfolio": -0.03850980419266495, "corr_benchmark": 0.30034461237622184, "alpha_pos_frac": 0.4393063583815029, "fund_max_dd": -0.025817253581702726, "first": "1994-04-25", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "pibax": {"sym": "pibax", "name": "PGIM BALANCED FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004172957596975107, "alpha_t_5y": 0.42867863919699584, "alpha_t_full": 1.0948364193542413, "r2_5y": 0.9521822747499005, "r2_full": 0.873268902955235, "corr_portfolio": 0.29353236941329236, "corr_benchmark": 0.7014654688409393, "alpha_pos_frac": 0.5375722543352601, "fund_max_dd": -0.4113736677931532, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "piefx": {"sym": "piefx", "name": "Federated Hermes Emerging Markets Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00843221387534459, "alpha_t_5y": -0.20231919881624377, "alpha_t_full": 0.7192021254734798, "r2_5y": 0.7617365880560258, "r2_full": 0.7956354317064367, "corr_portfolio": 0.2069763289118946, "corr_benchmark": 0.4591403791900099, "alpha_pos_frac": 0.5327102803738317, "fund_max_dd": -0.48433300315432926, "first": "2017-04-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "pieqx": {"sym": "pieqx", "name": "T. Rowe Price International Equity Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.001826520899113657, "alpha_t_5y": 0.17727351715262274, "alpha_t_full": 0.8617043361854181, "r2_5y": 0.9767487192606958, "r2_full": 0.9344495889838551, "corr_portfolio": 0.3812007982122021, "corr_benchmark": 0.5424897135117049, "alpha_pos_frac": 0.5426008968609866, "fund_max_dd": -0.6073070563191256, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pigdx": {"sym": "pigdx", "name": "Federated Hermes International Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06583725062702384, "alpha_t_5y": -2.459921058671588, "alpha_t_full": -1.403563740146651, "r2_5y": 0.8785159011999497, "r2_full": 0.8846516079010189, "corr_portfolio": 0.2181459046319916, "corr_benchmark": 0.5927330572596915, "alpha_pos_frac": 0.48333333333333334, "fund_max_dd": -0.42755967279964624, "first": "2016-03-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pincx": {"sym": "pincx", "name": "PUTNAM INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02199077597735828, "alpha_t_5y": -2.141161076855564, "alpha_t_full": 6.4288417119731305, "r2_5y": 0.8805390155695537, "r2_full": 1.6653345369377348e-15, "corr_portfolio": -0.04570700363792774, "corr_benchmark": 0.6181058191498182, "alpha_pos_frac": 0.47398843930635837, "fund_max_dd": -0.31077846025439837, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pisdx": {"sym": "pisdx", "name": "Columbia Pyrford International Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01802488631915298, "alpha_t_5y": 1.1200523151544894, "alpha_t_full": 1.1200523151544894, "r2_5y": 0.9008197770386956, "r2_full": 0.9008197770386956, "corr_portfolio": 0.2289659175572172, "corr_benchmark": 0.5830557466916126, "alpha_pos_frac": 0.46774193548387094, "fund_max_dd": -0.23697281953978122, "first": "2021-01-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pishx": {"sym": "pishx", "name": "Preferred Securities and Income SMA Shares", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.023320237861832568, "alpha_t_5y": 1.2146984373394836, "alpha_t_full": 3.6260714190634715, "r2_5y": 0.33310260580615314, "r2_full": 0.5294039203496995, "corr_portfolio": 0.3036180456843369, "corr_benchmark": 0.39437601826808766, "alpha_pos_frac": 0.5119047619047619, "fund_max_dd": -0.2711869425820461, "first": "2019-03-04", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "piuix": {"sym": "piuix", "name": "Federated Hermes International Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03581781611319571, "alpha_t_5y": -1.8986407506882619, "alpha_t_full": -0.1919038911109301, "r2_5y": 0.9223732010327725, "r2_full": 0.8869199980397241, "corr_portfolio": 0.3660623641534356, "corr_benchmark": 0.5445072914992202, "alpha_pos_frac": 0.46153846153846156, "fund_max_dd": -0.6141731734667119, "first": "2001-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pjdax": {"sym": "pjdax", "name": "PGIM JENNISON RISING DIVIDEND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006308803032250913, "alpha_t_5y": -0.2948738098729123, "alpha_t_full": 0.38812588681364024, "r2_5y": 0.8686849828065338, "r2_full": 0.9144923935737095, "corr_portfolio": 0.3701518234364948, "corr_benchmark": 0.5560026257816261, "alpha_pos_frac": 0.5347222222222222, "fund_max_dd": -0.3362786463821471, "first": "2014-03-07", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pjeax": {"sym": "pjeax", "name": "PGIM US Real Estate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03071287957876379, "alpha_t_5y": 1.689939100044958, "alpha_t_full": 1.0968169069813103, "r2_5y": 0.9465384907928969, "r2_full": 0.967995789372146, "corr_portfolio": 0.24809897828753966, "corr_benchmark": 0.5648730328261469, "alpha_pos_frac": 0.46153846153846156, "fund_max_dd": -0.434201609072702, "first": "2010-12-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pjgrx": {"sym": "pjgrx", "name": "PGIM JENNISON GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.054744472884086945, "alpha_t_5y": -2.1064780323134427, "alpha_t_full": -1.8695366683949337, "r2_5y": 0.9334139340412391, "r2_full": 0.9276354870267998, "corr_portfolio": 0.10389450539478608, "corr_benchmark": 0.5992972509184841, "alpha_pos_frac": 0.4881889763779528, "fund_max_dd": -0.48009082818281856, "first": "2004-12-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pjiax": {"sym": "pjiax", "name": "PGIM JENNISON FOCUSED VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02073666027879478, "alpha_t_5y": 1.0305887616400875, "alpha_t_full": 1.0592877760390993, "r2_5y": 0.9101030750790894, "r2_full": 0.8507248933257041, "corr_portfolio": 0.3646155331018018, "corr_benchmark": 0.5219155227733477, "alpha_pos_frac": 0.5067264573991032, "fund_max_dd": -0.5803350460949311, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pjrax": {"sym": "pjrax", "name": "PGIM QUANT SOLUTIONS INTERNATIONAL EQUITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.021037741721442745, "alpha_t_5y": 1.2502734368155664, "alpha_t_full": 0.1514901951202325, "r2_5y": 0.9350871499834039, "r2_full": 0.8862176509581654, "corr_portfolio": 0.41221789578212525, "corr_benchmark": 0.5274803386892036, "alpha_pos_frac": 0.5426008968609866, "fund_max_dd": -0.6794493377977772, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "plbbx": {"sym": "plbbx", "name": "Plumb Balanced Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04144043026050626, "alpha_t_5y": -1.7201029121529514, "alpha_t_full": -2.656621925003413, "r2_5y": 0.8568662211535908, "r2_full": 0.8996001101453567, "corr_portfolio": 0.19757991275531636, "corr_benchmark": 0.6159554625609988, "alpha_pos_frac": 0.5466666666666666, "fund_max_dd": -0.4325927703704806, "first": "2007-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "plbex": {"sym": "plbex", "name": "Plumb Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07387798038576425, "alpha_t_5y": -2.3719402895585486, "alpha_t_full": -3.221052133914302, "r2_5y": 0.8994159752034296, "r2_full": 0.9087562516734722, "corr_portfolio": 0.16104965543037375, "corr_benchmark": 0.5986018656823955, "alpha_pos_frac": 0.4711111111111111, "fund_max_dd": -0.5247915013625419, "first": "2007-05-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "plusx": {"sym": "plusx", "name": "DWS Multi-Asset Moderate Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00962570406636677, "alpha_t_5y": -1.501985477291146, "alpha_t_full": -2.6297744553057525, "r2_5y": 0.9801282268907113, "r2_full": 0.9518390910436362, "corr_portfolio": 0.314050610220202, "corr_benchmark": 0.6911824172729804, "alpha_pos_frac": 0.5739910313901345, "fund_max_dd": -0.5338651598679094, "first": "2004-11-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pmegx": {"sym": "pmegx", "name": "T. Rowe Price Institutional Mid-Cap Equity Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06378550234423168, "alpha_t_5y": -2.422982260493029, "alpha_t_full": 1.1508365251609547, "r2_5y": 0.8878778546980858, "r2_full": 0.9135613623212402, "corr_portfolio": 0.219901371065793, "corr_benchmark": 0.6100665472341495, "alpha_pos_frac": 0.5560344827586207, "fund_max_dd": -0.5588499494696892, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pmtgx": {"sym": "pmtgx", "name": "PIA MBS Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0011145266194566388, "alpha_t_5y": 0.12571659361489895, "alpha_t_full": 0.4363007099014157, "r2_5y": 0.8791140158667089, "r2_full": 0.6330264247446302, "corr_portfolio": -0.10449523975284405, "corr_benchmark": 0.6266629240509172, "alpha_pos_frac": 0.6102564102564103, "fund_max_dd": -0.16907023360243612, "first": "2006-03-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pmvax": {"sym": "pmvax", "name": "Putnam Sustainable Future Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09456741357390297, "alpha_t_5y": -3.0009644814547345, "alpha_t_full": -1.9213502965955647, "r2_5y": 0.8798217630430863, "r2_full": 0.8913125579520403, "corr_portfolio": 0.07997805413937256, "corr_benchmark": 0.6523307263767432, "alpha_pos_frac": 0.4823529411764706, "fund_max_dd": -0.4419999274222084, "first": "2019-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pnbax": {"sym": "pnbax", "name": "Virtus NFJ Large-Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.021492368503141672, "alpha_t_5y": -0.958290039932699, "alpha_t_full": -1.5738533628978375, "r2_5y": 0.89295093447753, "r2_full": 0.9392352442637837, "corr_portfolio": 0.3409935266835361, "corr_benchmark": 0.5722840211585848, "alpha_pos_frac": 0.46551724137931033, "fund_max_dd": -0.627428151228808, "first": "2002-07-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pneax": {"sym": "pneax", "name": "Virtus NFJ Dividend Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003772619753803793, "alpha_t_5y": 0.1552536364874618, "alpha_t_full": -0.955426419457238, "r2_5y": 0.8711737443157401, "r2_full": 0.9166926059647932, "corr_portfolio": 0.3445880684032292, "corr_benchmark": 0.5672948921963767, "alpha_pos_frac": 0.5067264573991032, "fund_max_dd": -0.5968318435957211, "first": "2001-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pngax": {"sym": "pngax", "name": "Putnam International Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.034852777499856755, "alpha_t_5y": 1.798907028318978, "alpha_t_full": -0.12299859415814182, "r2_5y": 0.9133324217171169, "r2_full": 0.9105796991790509, "corr_portfolio": 0.456500172262473, "corr_benchmark": 0.48588485439583146, "alpha_pos_frac": 0.5361702127659574, "fund_max_dd": -0.6478085173149496, "first": "2001-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pnopx": {"sym": "pnopx", "name": "PUTNAM SUSTAINABLE LEADERS FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.034943784535261486, "alpha_t_5y": -2.605814427275855, "alpha_t_full": 3.7770488240464726, "r2_5y": 0.9656691117856804, "r2_full": 0.0, "corr_portfolio": 0.24102511009539707, "corr_benchmark": 0.6136347268875793, "alpha_pos_frac": 0.574468085106383, "fund_max_dd": -0.7414695528069606, "first": "1990-09-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pnrax": {"sym": "pnrax", "name": "Putnam U.S. Research Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0078006379936287, "alpha_t_5y": 0.6819207949445134, "alpha_t_full": -0.49127034085497623, "r2_5y": 0.9742406045226302, "r2_full": 0.9576933425492666, "corr_portfolio": 0.276478412264447, "corr_benchmark": 0.6082408893482397, "alpha_pos_frac": 0.5369649805447471, "fund_max_dd": -0.5727464927405788, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pnsax": {"sym": "pnsax", "name": "Putnam Small Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013138703584124807, "alpha_t_5y": -0.38602354240621056, "alpha_t_full": -0.040860454829000616, "r2_5y": 0.8868207594604377, "r2_full": 0.8911854260394549, "corr_portfolio": 0.18048580695872893, "corr_benchmark": 0.5557651740392132, "alpha_pos_frac": 0.515695067264574, "fund_max_dd": -0.6756500265416356, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pnvax": {"sym": "pnvax", "name": "Putnam International Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01777045367072421, "alpha_t_5y": -0.7418658434781341, "alpha_t_full": 3.148881109128048, "r2_5y": 0.866818737661125, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.37843130784261586, "corr_benchmark": 0.5341436653861956, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.6490959755048249, "first": "1995-12-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pogax": {"sym": "pogax", "name": "Putnam Large Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03699181922939444, "alpha_t_5y": -2.190143201327193, "alpha_t_full": -1.771779866542727, "r2_5y": 0.9658299354712779, "r2_full": 0.9288351430114181, "corr_portfolio": 0.15037798580951137, "corr_benchmark": 0.6178617057386717, "alpha_pos_frac": 0.5515695067264574, "fund_max_dd": -0.7655163818400119, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pomix": {"sym": "pomix", "name": "T. Rowe Price Total Equity Market Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003909460143702534, "alpha_t_5y": -0.45004494071921014, "alpha_t_full": 0.08684242680273922, "r2_5y": 0.9856292672508115, "r2_full": 0.9838611165640959, "corr_portfolio": 0.27750396171977787, "corr_benchmark": 0.6183564949247312, "alpha_pos_frac": 0.48109965635738833, "fund_max_dd": -0.5560786338303656, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "povsx": {"sym": "povsx", "name": "PUTNAM INTERNATIONAL EQUITY FUND /MA/", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008246774373235599, "alpha_t_5y": 0.45391160669396213, "alpha_t_full": 2.9818902535875664, "r2_5y": 0.9296842833671449, "r2_full": 0.0, "corr_portfolio": 0.3812505260466762, "corr_benchmark": 0.536012503953651, "alpha_pos_frac": 0.6053811659192825, "fund_max_dd": -0.6296914328002784, "first": "1991-03-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ppiax": {"sym": "ppiax", "name": "DWS Short Duration Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.019432530150408602, "alpha_t_5y": 3.644510147313814, "alpha_t_full": 2.5875772471322165, "r2_5y": 0.7024788166295107, "r2_full": 0.14225749049281577, "corr_portfolio": 0.060166731590796295, "corr_benchmark": 0.4109016209718758, "alpha_pos_frac": 0.45664739884393063, "fund_max_dd": -0.09012090529392658, "first": "2002-12-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "ppnax": {"sym": "ppnax", "name": "Putnam Strategic Intermediate Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01032129065948187, "alpha_t_5y": 1.0191118873201728, "alpha_t_full": 6.250894619228572, "r2_5y": 0.3867962277552154, "r2_full": -2.6645352591003757e-15, "corr_portfolio": 0.05979544508950956, "corr_benchmark": 0.3293428694148038, "alpha_pos_frac": 0.5525291828793775, "fund_max_dd": -0.1246807269628053, "first": "1993-09-21", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "ppqax": {"sym": "ppqax", "name": "PIMCO REALPATH Blend 2050 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004593342096957326, "alpha_t_5y": -0.5531597224081772, "alpha_t_full": -0.48410161182789085, "r2_5y": 0.980345418288382, "r2_full": 0.972747336033345, "corr_portfolio": 0.3203385256305766, "corr_benchmark": 0.654820832770519, "alpha_pos_frac": 0.5895522388059702, "fund_max_dd": -0.3159144350886982, "first": "2015-01-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pqcnx": {"sym": "pqcnx", "name": "PGIM Core Conservative Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00024987648351208216, "alpha_t_5y": -0.05243749088243829, "alpha_t_full": -0.16321430658510086, "r2_5y": 0.9637506391046765, "r2_full": 0.9426915908071314, "corr_portfolio": -0.12208725182398114, "corr_benchmark": 0.7103048425543876, "alpha_pos_frac": 0.5523809523809524, "fund_max_dd": -0.1966830194156195, "first": "2017-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pqnax": {"sym": "pqnax", "name": "Virtus NFJ Mid-Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01752714661655643, "alpha_t_5y": -0.618897430248418, "alpha_t_full": 3.920399798820715, "r2_5y": 0.8651926964118197, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.3193668779213482, "corr_benchmark": 0.5833355814293157, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.5903013076750305, "first": "1991-02-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "pqtsx": {"sym": "pqtsx", "name": "PGIM TIPS Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0051541478541658236, "alpha_t_5y": 0.3513170989280061, "alpha_t_full": 0.7633861517833801, "r2_5y": 0.6810836392518516, "r2_full": 0.6504972614852221, "corr_portfolio": -0.05620344151323078, "corr_benchmark": 0.5929100656524257, "alpha_pos_frac": 0.47619047619047616, "fund_max_dd": -0.14529576855936022, "first": "2017-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "prafx": {"sym": "prafx", "name": "T. Rowe Price Real Assets Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.028370447974804213, "alpha_t_5y": -1.1593583917602257, "alpha_t_full": -1.5875430016323073, "r2_5y": 0.890006581638537, "r2_full": 0.8815352795689141, "corr_portfolio": 0.3616104070333625, "corr_benchmark": 0.5200870121157017, "alpha_pos_frac": 0.47058823529411764, "fund_max_dd": -0.3804713911897474, "first": "2010-07-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prasx": {"sym": "prasx", "name": "T. Rowe Price New Asia Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03676582860298671, "alpha_t_5y": -1.162621641080458, "alpha_t_full": 3.0796570548117366, "r2_5y": 0.8617553574182966, "r2_full": -6.661338147750939e-16, "corr_portfolio": 0.2270964862712669, "corr_benchmark": 0.42628099815029613, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.7052965632119634, "first": "1990-10-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prblx": {"sym": "prblx", "name": "Parnassus Core Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012650593581459505, "alpha_t_5y": -0.765083373213355, "alpha_t_full": 4.492611135518076, "r2_5y": 0.9409817367395459, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.2529541274621002, "corr_benchmark": 0.6219976429749845, "alpha_pos_frac": 0.4425531914893617, "fund_max_dd": -0.4220243990379131, "first": "1992-09-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prcix": {"sym": "prcix", "name": "T. Rowe Price New Income Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0007107788562143668, "alpha_t_5y": -0.13723433201003477, "alpha_t_full": 6.365050834911989, "r2_5y": 0.9540044117902331, "r2_full": -6.661338147750939e-16, "corr_portfolio": -0.07390681462461982, "corr_benchmark": 0.6730349742448988, "alpha_pos_frac": 0.5838150289017341, "fund_max_dd": -0.1914343226386086, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prcox": {"sym": "prcox", "name": "T. Rowe Price U.S. Equity Research Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0022392286081116615, "alpha_t_5y": 0.2514160392085182, "alpha_t_full": 0.7548211809712864, "r2_5y": 0.9845663679664178, "r2_full": 0.9811963553015384, "corr_portfolio": 0.2793212368117234, "corr_benchmark": 0.6156565329333397, "alpha_pos_frac": 0.42718446601941745, "fund_max_dd": -0.5396349449411743, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prcpx": {"sym": "prcpx", "name": "T. Rowe Price Credit Opportunities Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01454886653880402, "alpha_t_5y": 1.966352022579707, "alpha_t_full": 0.7690031419380468, "r2_5y": 0.853237838102522, "r2_full": 0.7341770502492548, "corr_portfolio": 0.29507505709464416, "corr_benchmark": 0.34975035520803566, "alpha_pos_frac": 0.704225352112676, "fund_max_dd": -0.23069708071542339, "first": "2014-05-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prdgx": {"sym": "prdgx", "name": "T. Rowe Price Dividend Growth Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0007802843212795324, "alpha_t_5y": -0.05559737972462914, "alpha_t_full": 1.9328575109128734, "r2_5y": 0.9417773708804356, "r2_full": 0.951806638081249, "corr_portfolio": 0.33565727897385983, "corr_benchmark": 0.5920883360618564, "alpha_pos_frac": 0.521551724137931, "fund_max_dd": -0.4979905429846535, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prdmx": {"sym": "prdmx", "name": "T. Rowe Price Diversified Mid-Cap Growth Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.052543920039495165, "alpha_t_5y": -1.6126165694919894, "alpha_t_full": -0.8832180136752312, "r2_5y": 0.8760041405572795, "r2_full": 0.9227915836352913, "corr_portfolio": 0.1684411951880748, "corr_benchmark": 0.6117438083271549, "alpha_pos_frac": 0.5408560311284046, "fund_max_dd": -0.5757291400081517, "first": "2004-01-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prdsx": {"sym": "prdsx", "name": "T. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.019300840960520402, "alpha_t_5y": -0.9195925460289647, "alpha_t_full": -0.14367301092895488, "r2_5y": 0.9461558534652775, "r2_full": 0.9340540021663557, "corr_portfolio": 0.22615277703065123, "corr_benchmark": 0.5869032907231128, "alpha_pos_frac": 0.5381165919282511, "fund_max_dd": -0.5894759809358068, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prefx": {"sym": "prefx", "name": "T. Rowe Price Tax-Efficient Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03672957597824043, "alpha_t_5y": -2.0873421539216492, "alpha_t_full": -0.09645456015390926, "r2_5y": 0.9621225504535822, "r2_full": 0.9414534206891431, "corr_portfolio": 0.1609796336184138, "corr_benchmark": 0.6229780554004963, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.5670103213099924, "first": "2001-01-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "preix": {"sym": "preix", "name": "T. Rowe Price Equity Index 500 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.001152431738326835, "alpha_t_5y": 0.15271533683191882, "alpha_t_full": -0.3102243378754565, "r2_5y": 0.9884564723114179, "r2_full": 0.984415375166557, "corr_portfolio": 0.28552423571778457, "corr_benchmark": 0.6163541166252502, "alpha_pos_frac": 0.5307443365695793, "fund_max_dd": -0.5532910116612155, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "premx": {"sym": "premx", "name": "T. Rowe Price Emerging Markets Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.056375460202302, "alpha_t_5y": -2.5658470612262696, "alpha_t_full": 4.766941457136117, "r2_5y": 0.5762639472143979, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.2151914326331403, "corr_benchmark": 0.38165826465490116, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.43220405372884274, "first": "1995-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "presx": {"sym": "presx", "name": "T. Rowe Price European Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.029196846513351225, "alpha_t_5y": -1.3568772995283505, "alpha_t_full": 2.8645035578837703, "r2_5y": 0.9158384369735281, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.3143544878092174, "corr_benchmark": 0.5244409722437705, "alpha_pos_frac": 0.5022421524663677, "fund_max_dd": -0.598619723420077, "first": "1990-03-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prfdx": {"sym": "prfdx", "name": "T. Rowe Price Equity Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.015144714056529306, "alpha_t_5y": 0.8493285891163505, "alpha_t_full": 3.9344757446636915, "r2_5y": 0.9162651084834567, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.41059227467005194, "corr_benchmark": 0.5068245207131868, "alpha_pos_frac": 0.4618834080717489, "fund_max_dd": -0.5814048748826355, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prfhx": {"sym": "prfhx", "name": "T. Rowe Price Tax-Free High Yield Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013999806050202592, "alpha_t_5y": 0.9252909898532471, "alpha_t_full": 8.042945877917154, "r2_5y": 0.41075393039604735, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.061850043959495386, "corr_benchmark": 0.3499297396557526, "alpha_pos_frac": 0.6011560693641619, "fund_max_dd": -0.24761367532506873, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "prfrx": {"sym": "prfrx", "name": "T. Rowe Price Floating Rate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.040500742151048756, "alpha_t_5y": 4.941659064754437, "alpha_t_full": 3.592806670581966, "r2_5y": 0.46465886753841934, "r2_full": 0.49264769913091044, "corr_portfolio": 0.2690895919530133, "corr_benchmark": 0.16759630181760646, "alpha_pos_frac": 0.4685714285714286, "fund_max_dd": -0.2004492320156408, "first": "2011-08-02", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "prfsx": {"sym": "prfsx", "name": "T. Rowe Price Tax-Free Short-Intermediate Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00997569672816443, "alpha_t_5y": 1.4082729119149122, "alpha_t_full": 10.089233171999387, "r2_5y": 0.2997009635773026, "r2_full": 4.551914400963142e-15, "corr_portfolio": 0.02885677905964834, "corr_benchmark": 0.3022315338394705, "alpha_pos_frac": 0.4734982332155477, "fund_max_dd": -0.06622702235182476, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "prfz": {"sym": "prfz", "name": "Invesco RAFI US 1500 Small-Mid ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.026785246260197654, "alpha_t_5y": 1.7501722701733153, "alpha_t_full": 1.2418381455076604, "r2_5y": 0.9713117722028056, "r2_full": 0.9584793416331252, "corr_portfolio": 0.2959095779192841, "corr_benchmark": 0.5285197425638496, "alpha_pos_frac": 0.39914163090128757, "fund_max_dd": -0.6241380163404521, "first": "2006-09-21", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prgfx": {"sym": "prgfx", "name": "T. Rowe Price Growth Stock Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06644729552718905, "alpha_t_5y": -2.8134703041451337, "alpha_t_full": 3.671781931003564, "r2_5y": 0.9386873388017147, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.13003335259566215, "corr_benchmark": 0.607589773306901, "alpha_pos_frac": 0.5919282511210763, "fund_max_dd": -0.540133607461905, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prgmx": {"sym": "prgmx", "name": "T. Rowe Price GNMA Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006808206189273871, "alpha_t_5y": -0.9840285049952521, "alpha_t_full": 6.306284734026009, "r2_5y": 0.927911455732233, "r2_full": 2.1094237467877974e-15, "corr_portfolio": -0.0706605559505961, "corr_benchmark": 0.6280981231943326, "alpha_pos_frac": 0.45664739884393063, "fund_max_dd": -0.17794116364332313, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prgsx": {"sym": "prgsx", "name": "T. Rowe Price Global Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03339126163938253, "alpha_t_5y": -1.5198415816388946, "alpha_t_full": 0.47645853235373414, "r2_5y": 0.9319587251974788, "r2_full": 0.8500954616190598, "corr_portfolio": 0.22843565147246797, "corr_benchmark": 0.5943008202800062, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.6405935323784374, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prgtx": {"sym": "prgtx", "name": "T. Rowe Price Global Technology Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03381740444222203, "alpha_t_5y": -0.6585885458491253, "alpha_t_full": 0.6926977955541698, "r2_5y": 0.8580974232114932, "r2_full": 0.8396841623686278, "corr_portfolio": 0.025204360570885428, "corr_benchmark": 0.557364417280563, "alpha_pos_frac": 0.549800796812749, "fund_max_dd": -0.7500000923581741, "first": "2000-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prhsx": {"sym": "prhsx", "name": "T. Rowe Price Health Sciences Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004043210447405969, "alpha_t_5y": -0.08281148720398579, "alpha_t_full": 3.993490071553214, "r2_5y": 0.5629543196815602, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.16322865740056094, "corr_benchmark": 0.5108171837399165, "alpha_pos_frac": 0.5191489361702127, "fund_max_dd": -0.42956042298912245, "first": "1996-01-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "prhyx": {"sym": "prhyx", "name": "T. Rowe Price High Yield Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.018431331004805325, "alpha_t_5y": -1.7196655431233385, "alpha_t_full": 8.778663446185258, "r2_5y": 0.8361077352816044, "r2_full": 1.1102230246251565e-15, "corr_portfolio": 0.3039921344562706, "corr_benchmark": 0.4106169009086231, "alpha_pos_frac": 0.4624277456647399, "fund_max_dd": -0.3081286486380057, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "pridx": {"sym": "pridx", "name": "T. Rowe Price International Discovery Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.056056963501482475, "alpha_t_5y": -2.3041902027684213, "alpha_t_full": 3.9463439005226832, "r2_5y": 0.8808745776344086, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.2886968205250515, "corr_benchmark": 0.5585139298374133, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.6493353201241514, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prigx": {"sym": "prigx", "name": "T. Rowe Price Global Value Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02291735951525677, "alpha_t_5y": 1.4593446267140102, "alpha_t_full": 1.8534993818439036, "r2_5y": 0.9357062539911187, "r2_full": 0.9517208468386225, "corr_portfolio": 0.4001366014303038, "corr_benchmark": 0.5593039064285317, "alpha_pos_frac": 0.4601226993865031, "fund_max_dd": -0.36762480335847036, "first": "2012-07-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prihx": {"sym": "prihx", "name": "T. Rowe Price Intermediate Tax-Free High Yield Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003094518251398983, "alpha_t_5y": -0.27249664997420786, "alpha_t_full": 3.262119050046315, "r2_5y": 0.41316898566446647, "r2_full": 0.3954116237334713, "corr_portfolio": 0.05114643882505112, "corr_benchmark": 0.3309124222672294, "alpha_pos_frac": 0.5467625899280576, "fund_max_dd": -0.12415744889699931, "first": "2014-07-29", "verdict": "weak/unstable alpha", "alpha_name": false}, "prijx": {"sym": "prijx", "name": "T. Rowe Price Emerging Markets Discovery Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018328439719325833, "alpha_t_5y": 0.6440874397375941, "alpha_t_full": 0.4991306223284297, "r2_5y": 0.8514915015829952, "r2_full": 0.8557599658458541, "corr_portfolio": 0.3115481043672766, "corr_benchmark": 0.4624454533771541, "alpha_pos_frac": 0.56, "fund_max_dd": -0.416667744005374, "first": "2015-09-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prinx": {"sym": "prinx", "name": "T. Rowe Price Summit Municipal Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0064091756321478744, "alpha_t_5y": 0.4669921937771193, "alpha_t_full": 6.578242840055412, "r2_5y": 0.4064625331035604, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.03896594900073883, "corr_benchmark": 0.35209533399342435, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.15702059853289585, "first": "1993-11-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "pripx": {"sym": "pripx", "name": "T. Rowe Price Inflation Protected Bond Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.000988557408989985, "alpha_t_5y": -0.06396117503791127, "alpha_t_full": 0.3981645522697866, "r2_5y": 0.6555544661832564, "r2_full": 0.6465252218891002, "corr_portfolio": -0.06251941913314667, "corr_benchmark": 0.5722967287360559, "alpha_pos_frac": 0.5431034482758621, "fund_max_dd": -0.1625834136777914, "first": "2002-11-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "prisx": {"sym": "prisx", "name": "T. Rowe Price Financial Services Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04950540527251342, "alpha_t_5y": 1.3370959313865873, "alpha_t_full": 0.6848335960985407, "r2_5y": 0.8109556342816165, "r2_full": 0.8090919447419718, "corr_portfolio": 0.41080611841916165, "corr_benchmark": 0.40907622947010697, "alpha_pos_frac": 0.4980392156862745, "fund_max_dd": -0.6734298933227485, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "pritx": {"sym": "pritx", "name": "T. Rowe Price International Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.034452471102131045, "alpha_t_5y": -1.6371506790867947, "alpha_t_full": 2.588883057434916, "r2_5y": 0.9072534580611586, "r2_full": 0.0, "corr_portfolio": 0.3020770186310091, "corr_benchmark": 0.5574954597843025, "alpha_pos_frac": 0.5515695067264574, "fund_max_dd": -0.6137944333392843, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prjax": {"sym": "prjax", "name": "PGIM Jennison Global Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.10379651819544831, "alpha_t_5y": -2.808418507390307, "alpha_t_full": -1.5191441649291237, "r2_5y": 0.8767468801771156, "r2_full": 0.8615543667477721, "corr_portfolio": 0.10844358415893751, "corr_benchmark": 0.5807989990720986, "alpha_pos_frac": 0.5329341317365269, "fund_max_dd": -0.4829429733194731, "first": "2012-03-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prjpx": {"sym": "prjpx", "name": "T. Rowe Price Japan Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05504712833344171, "alpha_t_5y": -1.2114201817483619, "alpha_t_full": 1.6580746434110933, "r2_5y": 0.6829176726393213, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.2589504178041694, "corr_benchmark": 0.5036844171665527, "alpha_pos_frac": 0.5426008968609866, "fund_max_dd": -0.6825796088518659, "first": "1991-12-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "prkax": {"sym": "prkax", "name": "PGIM Real Estate Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017722987782298874, "alpha_t_5y": 0.8213535881343723, "alpha_t_full": -0.03983828221235891, "r2_5y": 0.8702052232779999, "r2_full": 0.8532906454471174, "corr_portfolio": 0.28782008348335264, "corr_benchmark": 0.5770476055265025, "alpha_pos_frac": 0.5426356589147286, "fund_max_dd": -0.4696394258424941, "first": "2015-06-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prlax": {"sym": "prlax", "name": "T. 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Rowe Price Maryland Short-Term Tax-Free Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011940587557662207, "alpha_t_5y": 2.0996599140924417, "alpha_t_full": 8.455179039689671, "r2_5y": 0.23972182321611524, "r2_full": -9.769962616701378e-15, "corr_portfolio": 0.06381874322112839, "corr_benchmark": 0.20100782302514555, "alpha_pos_frac": 0.47398843930635837, "fund_max_dd": -0.04174511905757483, "first": "1993-02-01", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "prmsx": {"sym": "prmsx", "name": "T. Rowe Price Emerging Markets Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04274582194574465, "alpha_t_5y": -1.5207619964848047, "alpha_t_full": 2.5163137803046816, "r2_5y": 0.8771908308777385, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.26268027427304835, "corr_benchmark": 0.45007254950763487, "alpha_pos_frac": 0.5022421524663677, "fund_max_dd": -0.711286566746999, "first": "1995-04-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prmtx": {"sym": "prmtx", "name": "T. Rowe Price Communications & Technology Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08957587855437572, "alpha_t_5y": -2.812216225248002, "alpha_t_full": 3.771592408219686, "r2_5y": 0.8750382094680028, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.09362266575662449, "corr_benchmark": 0.602266922646351, "alpha_pos_frac": 0.5603112840466926, "fund_max_dd": -0.6611533420175144, "first": "1993-10-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "prnex": {"sym": "prnex", "name": "T. Rowe Price New Era Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.024655475451157875, "alpha_t_5y": -0.7091624838473614, "alpha_t_full": 2.8486771552688683, "r2_5y": 0.8012180485928782, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.39461346009344894, "corr_benchmark": 0.41842753924468734, "alpha_pos_frac": 0.42152466367713004, "fund_max_dd": -0.6655944095425406, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "prnhx": {"sym": "prnhx", "name": "T. Rowe Price New Horizons Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08783712268194573, "alpha_t_5y": -2.1588297415137956, "alpha_t_full": 3.8615335902050223, "r2_5y": 0.8430784857540183, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.07001504200858648, "corr_benchmark": 0.5998385295343488, "alpha_pos_frac": 0.5260115606936416, "fund_max_dd": -0.5579003262041085, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "prnyx": {"sym": "prnyx", "name": "T. 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not alpha-driven", "alpha_name": false}, "qgrpx": {"sym": "qgrpx", "name": "UBS US Quality Growth At Reasonable Price Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03296939462780508, "alpha_t_5y": -1.842223579761648, "alpha_t_full": -1.917187207914575, "r2_5y": 0.9514304946792129, "r2_full": 0.9515385138550377, "corr_portfolio": 0.006582596539856888, "corr_benchmark": 0.6599041203060875, "alpha_pos_frac": 0.5294117647058824, "fund_max_dd": -0.3028413267873665, "first": "2020-07-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "qlenx": {"sym": "qlenx", "name": "AQR Long-Short Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.16307235557336403, "alpha_t_5y": 4.333243493367011, "alpha_t_full": 3.890576190299045, "r2_5y": 0.25948410199218974, "r2_full": 0.44697589041768093, "corr_portfolio": 0.7066792887973038, "corr_benchmark": 0.2659786491507395, "alpha_pos_frac": 0.5761589403973509, "fund_max_dd": -0.39590585442596415, "first": "2013-07-17", "verdict": "alpha, but correlated with current portfolio", "alpha_name": true}, "qlmlfx": {"sym": "qlmlfx", "name": "Franklin Multi-Asset Variable Conservative Growth", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07893491478029137, "alpha_t_5y": -3.0476916517805264, "alpha_t_full": -3.1658098823296283, "r2_5y": 0.7318904574058431, "r2_full": 0.7982557764267725, "corr_portfolio": 0.2545525127077821, "corr_benchmark": 0.6876095779309312, "alpha_pos_frac": 0.5616438356164384, "fund_max_dd": -0.3008596389192182, "first": "2020-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "qlmlsx": {"sym": "qlmlsx", "name": "Franklin Multi-Asset Variable Moderate Growth", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.10186283022015444, "alpha_t_5y": -3.1722719668471915, "alpha_t_full": -3.084799556163183, "r2_5y": 0.7455115435345729, "r2_full": 0.8155178045334754, "corr_portfolio": 0.27919907115483544, "corr_benchmark": 0.6294974462433921, "alpha_pos_frac": 0.5616438356164384, "fund_max_dd": -0.33847980997624694, "first": "2020-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "qlmltx": {"sym": "qlmltx", "name": "Franklin Multi-Asset Variable Growth", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.11679429269173985, "alpha_t_5y": -3.053868262362495, "alpha_t_full": -3.101219985646366, "r2_5y": 0.7370977944504765, "r2_full": 0.8129442918110088, "corr_portfolio": 0.28945980833369467, "corr_benchmark": 0.5956692896942339, "alpha_pos_frac": 0.5753424657534246, "fund_max_dd": -0.3752131893121088, "first": "2020-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "qmnix": {"sym": "qmnix", "name": "AQR Equity Market Neutral Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.15811438267491967, "alpha_t_5y": 4.603367997108109, "alpha_t_full": 3.6662325141829846, "r2_5y": 0.26831193910045903, "r2_full": 0.0761350421023228, "corr_portfolio": 0.606529943249583, "corr_benchmark": -0.13917695906733554, "alpha_pos_frac": 0.5401459854014599, "fund_max_dd": -0.3879617644035105, "first": "2014-10-10", "verdict": "alpha, but correlated with current portfolio", "alpha_name": true}, "qqqm": {"sym": "qqqm", "name": "Invesco NASDAQ 100 ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0016304847360174087, "alpha_t_5y": 0.5395683993368726, "alpha_t_full": 0.4532941303292237, "r2_5y": 0.9989798290319792, "r2_full": 0.9984644875153267, "corr_portfolio": -0.05597997583315415, "corr_benchmark": 0.6536140284218636, "alpha_pos_frac": 0.6307692307692307, "fund_max_dd": -0.3504380987399789, "first": "2020-10-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "qspmx": {"sym": "qspmx", "name": "Quantified Pattern Recognition Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017086073022137306, "alpha_t_5y": 0.3002297301991839, "alpha_t_full": 0.22678498198208302, "r2_5y": 0.4226581911878208, "r2_full": 0.43365798883814266, "corr_portfolio": 0.11069339661718501, "corr_benchmark": 0.41865364154184664, "alpha_pos_frac": 0.47435897435897434, "fund_max_dd": -0.2836016233997094, "first": "2019-08-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "qstax": {"sym": "qstax", "name": "Quantified STF Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04509703853690174, "alpha_t_5y": 0.4755427168998746, "alpha_t_full": 0.3235769855103673, "r2_5y": 0.354537681760248, "r2_full": 0.446120688290777, "corr_portfolio": 0.05137473027453916, "corr_benchmark": 0.3708777344264506, "alpha_pos_frac": 0.5447154471544715, "fund_max_dd": -0.49376981822111365, "first": "2015-11-16", "verdict": "weak/unstable alpha", "alpha_name": false}, "quasx": {"sym": "quasx", "name": "AB Small Cap Growth Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07450119243685056, "alpha_t_5y": -2.213013857656312, "alpha_t_full": 2.5003927755095128, "r2_5y": 0.9106128061003224, "r2_full": 0.0, "corr_portfolio": 0.14416944487191602, "corr_benchmark": 0.5603800389301393, "alpha_pos_frac": 0.47896440129449835, "fund_max_dd": -0.6097122361208666, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "qusox": {"sym": "qusox", "name": "Pear Tree Polaris Foreign Value Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01525868457890274, "alpha_t_5y": 0.3810550067223092, "alpha_t_full": 0.8346214790449425, "r2_5y": 0.5455736200136281, "r2_full": 0.5482095882794886, "corr_portfolio": 0.44386193314850486, "corr_benchmark": 0.296646688474429, "alpha_pos_frac": 0.48130841121495327, "fund_max_dd": -0.5798724249672338, "first": "2008-05-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "qwld": {"sym": "qwld", "name": "State Street(R) SPDR(R) MSCI World StrategicFactors(SM) ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007302856002370346, "alpha_t_5y": 0.636634018048203, "alpha_t_full": 0.46909867279669015, "r2_5y": 0.958364353997895, "r2_full": 0.7075316908537062, "corr_portfolio": 0.2973682109571012, "corr_benchmark": 0.5344077900314895, "alpha_pos_frac": 0.48936170212765956, "fund_max_dd": -0.3189073975828345, "first": "2014-06-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "qwvox": {"sym": "qwvox", "name": "Clearwater Select Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.051055371182532644, "alpha_t_5y": -1.3916354231700783, "alpha_t_full": -2.6398389197892453, "r2_5y": 0.8437729848303014, "r2_full": 0.7683353168014644, "corr_portfolio": 0.2713559983225675, "corr_benchmark": 0.4905302675665461, "alpha_pos_frac": 0.6574585635359116, "fund_max_dd": -0.5651990023201119, "first": "2011-01-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "raax": {"sym": "raax", "name": "VanEck Real Assets ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006055958152158769, "alpha_t_5y": -0.21515978838141853, "alpha_t_full": -0.6994525447187424, "r2_5y": 0.8190142124607508, "r2_full": 0.7520622816968522, "corr_portfolio": 0.31781265331078756, "corr_benchmark": 0.4343231968213434, "alpha_pos_frac": 0.6105263157894737, "fund_max_dd": -0.3390697706139564, "first": "2018-04-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "raghx": {"sym": "raghx", "name": "Virtus KAR Health Sciences Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04256301702258181, "alpha_t_5y": -0.952382426012316, "alpha_t_full": 0.019849184334518485, "r2_5y": 0.5950154231946856, "r2_full": 0.6732198147680257, "corr_portfolio": 0.22831230875522945, "corr_benchmark": 0.5193052145673235, "alpha_pos_frac": 0.5361702127659574, "fund_max_dd": -0.40227603674772683, "first": "2002-02-06", "verdict": "weak/unstable alpha", "alpha_name": false}, "ragtx": {"sym": "ragtx", "name": "Virtus Zevenbergen Technology Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.018148810804930277, "alpha_t_5y": -0.5597046189953375, "alpha_t_full": 0.14507575975238202, "r2_5y": 0.9286232465396088, "r2_full": 0.8695296105879333, "corr_portfolio": 0.07846992304041289, "corr_benchmark": 0.5759993417928082, "alpha_pos_frac": 0.5486381322957199, "fund_max_dd": -0.5955175034749385, "first": "2002-02-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ralax": {"sym": "ralax", "name": "Aggressive Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006965351025079943, "alpha_t_5y": -0.7264226794693941, "alpha_t_full": -0.8901085550339062, "r2_5y": 0.9699907612697082, "r2_full": 0.8143202741112344, "corr_portfolio": 0.3022366416652295, "corr_benchmark": 0.5513627234547034, "alpha_pos_frac": 0.5605381165919282, "fund_max_dd": -0.5205758201058003, "first": "2003-03-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rapax": {"sym": "rapax", "name": "Cohen & Steers Real Assets Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0014059460212515749, "alpha_t_5y": 0.10085747821065565, "alpha_t_full": -1.794531560241649, "r2_5y": 0.9115982834364076, "r2_full": 0.921972301832787, "corr_portfolio": 0.38056818356690264, "corr_benchmark": 0.4963737367784319, "alpha_pos_frac": 0.5443786982248521, "fund_max_dd": -0.3145089247680882, "first": "2012-02-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ravi": {"sym": "ravi", "name": "FlexShares Ultra-Short Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014783906529738478, "alpha_t_5y": 2.1578996409664244, "alpha_t_full": 4.71364275198703, "r2_5y": 0.07961879522165005, "r2_full": 0.0922522101569464, "corr_portfolio": 0.05942262171747824, "corr_benchmark": 0.18047488494850816, "alpha_pos_frac": 0.40625, "fund_max_dd": -0.0372180683259794, "first": "2012-10-12", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "rbbax": {"sym": "rbbax", "name": "Columbia Income Builder Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009886340868644355, "alpha_t_5y": 1.6969051744620036, "alpha_t_full": 2.031155043123416, "r2_5y": 0.9492321393518978, "r2_full": 0.8737219168236271, "corr_portfolio": 0.2819816606519108, "corr_benchmark": 0.770525388287296, "alpha_pos_frac": 0.5282051282051282, "fund_max_dd": -0.23220798767684725, "first": "2006-02-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rbcgx": {"sym": "rbcgx", "name": "REYNOLDS BLUE CHIP GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02579270044346518, "alpha_t_5y": -0.8751427444204318, "alpha_t_full": 3.192642936732295, "r2_5y": 0.8618994933447838, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.16011640513963807, "corr_benchmark": 0.575970868361616, "alpha_pos_frac": 0.4663677130044843, "fund_max_dd": -0.7712266630600033, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rblax": {"sym": "rblax", "name": "Balanced Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008049387293525464, "alpha_t_5y": -0.9657103447413325, "alpha_t_full": -1.6310316178590178, "r2_5y": 0.9639717048297762, "r2_full": 0.9029077473494188, "corr_portfolio": 0.3391361870208502, "corr_benchmark": 0.6676901657950982, "alpha_pos_frac": 0.5515695067264574, "fund_max_dd": -0.4366025564307384, "first": "2003-03-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rcbax": {"sym": "rcbax", "name": "AMERICAN FUNDS CORPORATE BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009524016985086073, "alpha_t_5y": -1.9688613300010493, "alpha_t_full": -1.0996640448919186, "r2_5y": 0.9691725049096271, "r2_full": 0.9444035028006014, "corr_portfolio": -0.040754077751630334, "corr_benchmark": 0.7459269852496433, "alpha_pos_frac": 0.40869565217391307, "fund_max_dd": -0.23654725874312477, "first": "2016-08-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rcjtx": {"sym": "rcjtx", "name": "American Funds 2015 Target Date Retirement Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003823359679261124, "alpha_t_5y": 0.6319305373807538, "alpha_t_full": 0.6808713673882628, "r2_5y": 0.9559001923776146, "r2_full": 0.9426626513864749, "corr_portfolio": 0.330624809689852, "corr_benchmark": 0.743929662519092, "alpha_pos_frac": 0.5230769230769231, "fund_max_dd": -0.426893837619131, "first": "2007-02-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rclax": {"sym": "rclax", "name": "Conservative Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00424560344935127, "alpha_t_5y": -0.6953432709496168, "alpha_t_full": -2.532855272752586, "r2_5y": 0.9391278742427428, "r2_full": 0.8421603635681731, "corr_portfolio": 0.23369545812904702, "corr_benchmark": 0.8148543934998574, "alpha_pos_frac": 0.5381165919282511, "fund_max_dd": -0.22367659916368066, "first": "2003-03-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rcmcx": {"sym": "rcmcx", "name": "Royce Capital Fund - Micro-Cap Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0453829700961284, "alpha_t_5y": 1.5804919733725784, "alpha_t_full": 1.5959591254329262, "r2_5y": 0.9169230620098997, "r2_full": 0.8548944282272368, "corr_portfolio": 0.2482786009897491, "corr_benchmark": 0.5127775215455846, "alpha_pos_frac": 0.4798206278026906, "fund_max_dd": -0.5867440295753957, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rctix": {"sym": "rctix", "name": "River Canyon Total Return Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.044764336987351175, "alpha_t_5y": 5.633674810785656, "alpha_t_full": 4.60564281131002, "r2_5y": 0.40680239756139003, "r2_full": 0.18057319107552217, "corr_portfolio": 0.09628859734864363, "corr_benchmark": 0.2314747842384135, "alpha_pos_frac": 0.5074626865671642, "fund_max_dd": -0.10891145943481484, "first": "2015-01-08", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "rdccx": {"sym": "rdccx", "name": "Columbia Disciplined Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02858109233157634, "alpha_t_5y": 1.5927788113836125, "alpha_t_full": 0.14888708574757, "r2_5y": 0.920436700076577, "r2_full": 0.9535267357174171, "corr_portfolio": 0.40051764726032113, "corr_benchmark": 0.5471027461682731, "alpha_pos_frac": 0.5260663507109005, "fund_max_dd": -0.5539920293534388, "first": "2008-07-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rdiv": {"sym": "rdiv", "name": "Invesco S&P Ultra Dividend Revenue ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.05874965544930831, "alpha_t_5y": 1.638555758559509, "alpha_t_full": 1.9666703870553315, "r2_5y": 0.7724434726070879, "r2_full": 0.7964580322670116, "corr_portfolio": 0.3939137087076264, "corr_benchmark": 0.44934704295871364, "alpha_pos_frac": 0.48322147651006714, "fund_max_dd": -0.49973901487914574, "first": "2013-10-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "rdlax": {"sym": "rdlax", "name": "Columbia Disciplined Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02685458847666308, "alpha_t_5y": -1.7143142739261468, "alpha_t_full": -2.3443324861841486, "r2_5y": 0.9694887900292062, "r2_full": 0.9646117277617873, "corr_portfolio": 0.19326467403078917, "corr_benchmark": 0.6211156525355901, "alpha_pos_frac": 0.547085201793722, "fund_max_dd": -0.5431841948997745, "first": "2007-05-18", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rdwbx": {"sym": "rdwbx", "name": "AMERICAN FUNDS DEVELOPING WORLD GROWTH & INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01577599389335302, "alpha_t_5y": -0.48372674888925027, "alpha_t_full": -1.4508444953371675, "r2_5y": 0.7856610665392331, "r2_full": 0.8264528789887298, "corr_portfolio": 0.2904207955476652, "corr_benchmark": 0.4620312059782935, "alpha_pos_frac": 0.5069444444444444, "fund_max_dd": -0.3945155911853395, "first": "2014-03-10", "verdict": "weak/unstable alpha", "alpha_name": false}, "reaax": {"sym": "reaax", "name": "Equity Aggressive Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009610629630194486, "alpha_t_5y": -0.911927345239089, "alpha_t_full": -0.8244073343966148, "r2_5y": 0.9703256704234481, "r2_full": 0.8283243494007869, "corr_portfolio": 0.3121804216018028, "corr_benchmark": 0.5365689785431843, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.5952630559272116, "first": "2003-03-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rebax": {"sym": "rebax", "name": "Columbia Emerging Markets Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0038467806017592333, "alpha_t_5y": -0.24392893109766392, "alpha_t_full": 0.21806183452377884, "r2_5y": 0.620291210398388, "r2_full": 0.5036054948683183, "corr_portfolio": 0.22768778982893756, "corr_benchmark": 0.5392750031689936, "alpha_pos_frac": 0.5838150289017341, "fund_max_dd": -0.3443010279970157, "first": "2006-02-15", "verdict": "weak/unstable alpha", "alpha_name": false}, "rebyx": {"sym": "rebyx", "name": "U.S. Small Cap Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016226644609574733, "alpha_t_5y": 0.9235971133421599, "alpha_t_full": -1.9134992553725603, "r2_5y": 0.9613337708802903, "r2_full": 0.8547203202611856, "corr_portfolio": 0.2850392009124828, "corr_benchmark": 0.5291834320614589, "alpha_pos_frac": 0.7450980392156863, "fund_max_dd": -0.7615521588880102, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "recs": {"sym": "recs", "name": "Columbia Research Enhanced Core ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017945612150313633, "alpha_t_5y": 1.0764599322764894, "alpha_t_full": 0.6149000287159534, "r2_5y": 0.9397033057296666, "r2_full": 0.8520937271443234, "corr_portfolio": 0.2545670731647488, "corr_benchmark": 0.6044217636669303, "alpha_pos_frac": 0.4805194805194805, "fund_max_dd": -0.34289666003770125, "first": "2019-09-26", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "redwx": {"sym": "redwx", "name": "GreenFi Redwood Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02656110325631339, "alpha_t_5y": -1.3304577755135993, "alpha_t_full": -0.6271657178168581, "r2_5y": 0.9298975466364304, "r2_full": 0.9174306316100826, "corr_portfolio": 0.2434499340781259, "corr_benchmark": 0.605252541289675, "alpha_pos_frac": 0.5609756097560976, "fund_max_dd": -0.4108874278245135, "first": "2015-11-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "remsx": {"sym": "remsx", "name": "Emerging Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006798181147766376, "alpha_t_5y": -0.203151473092633, "alpha_t_full": 2.447095471802592, "r2_5y": 0.79327379357862, "r2_full": 0.0, "corr_portfolio": 0.3216163479976866, "corr_benchmark": 0.43914429679885514, "alpha_pos_frac": 0.5, "fund_max_dd": -0.6680208421110567, "first": "1993-02-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "remx": {"sym": "remx", "name": "VanEck Rare Earth and Strategic Metals ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.2408622111269718, "alpha_t_5y": 1.6065574528581363, "alpha_t_full": -1.7768963439991712, "r2_5y": 0.5028001631304666, "r2_full": 0.5173389550335683, "corr_portfolio": 0.18584936522214107, "corr_benchmark": 0.3409931622357713, "alpha_pos_frac": 0.4076086956521739, "fund_max_dd": -0.9020686740549454, "first": "2010-10-29", "verdict": "weak/unstable alpha", "alpha_name": false}, "retsx": {"sym": "retsx", "name": "Tax-Managed U.S. Large Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.017368687610258695, "alpha_t_5y": -1.713171620503713, "alpha_t_full": -1.6522372666491603, "r2_5y": 0.9786962113952677, "r2_full": 0.9709347688920095, "corr_portfolio": 0.2829792955352158, "corr_benchmark": 0.6081894368803957, "alpha_pos_frac": 0.4919093851132686, "fund_max_dd": -0.5735461228306303, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "reuyx": {"sym": "reuyx", "name": "Sustainable Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013993959415502832, "alpha_t_5y": -1.0398235007776877, "alpha_t_full": -2.0764364054166933, "r2_5y": 0.958400655567005, "r2_full": 0.9442030822177356, "corr_portfolio": 0.3005329808930533, "corr_benchmark": 0.6212041247737974, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.6120220029113703, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "revs": {"sym": "revs", "name": "Columbia Research Enhanced Value ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.035340289795724844, "alpha_t_5y": 1.7201977587604507, "alpha_t_full": 1.058433980099497, "r2_5y": 0.8914295162612313, "r2_full": 0.8117964752859708, "corr_portfolio": 0.3823377405862101, "corr_benchmark": 0.5205121732427481, "alpha_pos_frac": 0.4025974025974026, "fund_max_dd": -0.37852710335878714, "first": "2019-09-26", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rfayx": {"sym": "rfayx", "name": "Investment Grade Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0026554781676071146, "alpha_t_5y": 0.6702934916056605, "alpha_t_full": 3.697186818903952, "r2_5y": 0.9730890692900457, "r2_full": 0.007367072794613461, "corr_portfolio": -0.10162455579807453, "corr_benchmark": 0.6709151223362981, "alpha_pos_frac": 0.5028901734104047, "fund_max_dd": -0.19353580606665932, "first": "2000-03-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rfbsx": {"sym": "rfbsx", "name": "Short Duration Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010350637199934037, "alpha_t_5y": -2.647376692506757, "alpha_t_full": 13.471786824700152, "r2_5y": 0.85815247229472, "r2_full": 1.1102230246251565e-15, "corr_portfolio": -0.004165975491361336, "corr_benchmark": 0.528861052727931, "alpha_pos_frac": 0.49230769230769234, "fund_max_dd": -0.15657235864601915, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rfcyx": {"sym": "rfcyx", "name": "Strategic Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00013412625554506518, "alpha_t_5y": -0.023114708549170627, "alpha_t_full": 0.05819766457875691, "r2_5y": 0.9435063025261847, "r2_full": 0.8080411729811553, "corr_portfolio": -0.069717658319351, "corr_benchmark": 0.7006782068351609, "alpha_pos_frac": 0.4564102564102564, "fund_max_dd": -0.19344217156737453, "first": "2005-06-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rfrax": {"sym": "rfrax", "name": "Columbia Floating Rate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020002477583427117, "alpha_t_5y": 2.108467104707222, "alpha_t_full": 3.1821973003998343, "r2_5y": 0.5224165714201254, "r2_full": 0.48912823658616766, "corr_portfolio": 0.3216202051593705, "corr_benchmark": 0.25119114641574236, "alpha_pos_frac": 0.5433526011560693, "fund_max_dd": -0.3202355692127631, "first": "2006-03-27", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "rgcyx": {"sym": "rgcyx", "name": "Opportunistic Credit Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01904870236935229, "alpha_t_5y": 2.718938910466566, "alpha_t_full": 1.8207901916227112, "r2_5y": 0.7539045725256566, "r2_full": 0.6753798990463038, "corr_portfolio": 0.25965817797288643, "corr_benchmark": 0.5353043458729024, "alpha_pos_frac": 0.6054054054054054, "fund_max_dd": -0.19472435399793253, "first": "2010-10-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "rgeax": {"sym": "rgeax", "name": "Global Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005824131212112497, "alpha_t_5y": -0.4843319608524486, "alpha_t_full": 0.2303630909626073, "r2_5y": 0.9661483165454653, "r2_full": 0.9432420830579061, "corr_portfolio": 0.35005470755765083, "corr_benchmark": 0.5912839923918596, "alpha_pos_frac": 0.5526315789473685, "fund_max_dd": -0.595071607888996, "first": "2007-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rgiax": {"sym": "rgiax", "name": "Global Infrastructure Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013139739142479026, "alpha_t_5y": 0.45773601885692694, "alpha_t_full": 0.19267100536411044, "r2_5y": 0.7301389881756639, "r2_full": 0.813883411296699, "corr_portfolio": 0.3617432528033279, "corr_benchmark": 0.5429934817090951, "alpha_pos_frac": 0.4864864864864865, "fund_max_dd": -0.3918671377462152, "first": "2010-10-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "rgsax": {"sym": "rgsax", "name": "Virtus KAR Global Small-Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04911620818292997, "alpha_t_5y": -1.5643369969501386, "alpha_t_full": -0.863728345938125, "r2_5y": 0.7943908192840033, "r2_full": 0.8809690279292518, "corr_portfolio": 0.3257729814894868, "corr_benchmark": 0.5502253015883982, "alpha_pos_frac": 0.5454545454545454, "fund_max_dd": -0.6837079365742649, "first": "2002-02-06", "verdict": "weak/unstable alpha", "alpha_name": false}, "rgwfx": {"sym": "rgwfx", "name": "American Funds Growth Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.021498111972212842, "alpha_t_5y": -1.5920290779000825, "alpha_t_full": -1.197106049335746, "r2_5y": 0.9691815812167689, "r2_full": 0.9664977118703615, "corr_portfolio": 0.23291306628594832, "corr_benchmark": 0.6276280896895802, "alpha_pos_frac": 0.5454545454545454, "fund_max_dd": -0.33931809534681534, "first": "2012-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rhltx": {"sym": "rhltx", "name": "American Funds 2065 Target Date Retirement Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011035477572585372, "alpha_t_5y": -1.1042353352206669, "alpha_t_full": -0.4297237357222764, "r2_5y": 0.9741649146862745, "r2_full": 0.9752875388068597, "corr_portfolio": 0.14850669816893586, "corr_benchmark": 0.6911490273610363, "alpha_pos_frac": 0.5492957746478874, "fund_max_dd": -0.27412059218294005, "first": "2020-03-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rimox": {"sym": "rimox", "name": "City National Rochdale Fixed Income Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018371467196312365, "alpha_t_5y": 2.4135583072767286, "alpha_t_full": 3.345911044139164, "r2_5y": 0.5087436702470514, "r2_full": 0.5515415369686495, "corr_portfolio": 0.32423120824442364, "corr_benchmark": 0.33945327811493287, "alpha_pos_frac": 0.595, "fund_max_dd": -0.23609988739649201, "first": "2009-07-02", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "rinyx": {"sym": "rinyx", "name": "International Developed Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004081456903669347, "alpha_t_5y": 0.23394303667103178, "alpha_t_full": 0.18435585421271833, "r2_5y": 0.9236050452695281, "r2_full": 0.8249160580578169, "corr_portfolio": 0.4305475111042152, "corr_benchmark": 0.503889691794077, "alpha_pos_frac": 0.5650224215246636, "fund_max_dd": -0.675106524997682, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rivjx": {"sym": "rivjx", "name": "American Funds International Vantage Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013809944845101223, "alpha_t_5y": -0.7156998921543987, "alpha_t_full": -0.31802991948370446, "r2_5y": 0.913442333204431, "r2_full": 0.9174107667842164, "corr_portfolio": 0.23871083542100527, "corr_benchmark": 0.6069684399145011, "alpha_pos_frac": 0.4868421052631579, "fund_max_dd": -0.3115533219142145, "first": "2019-11-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rlvsx": {"sym": "rlvsx", "name": "Tax-Exempt Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0097392832585041, "alpha_t_5y": 0.8905486968810639, "alpha_t_full": 9.634467730219088, "r2_5y": 0.25005818599885665, "r2_full": 5.551115123125783e-16, "corr_portfolio": 0.04867067174009816, "corr_benchmark": 0.28177417043542763, "alpha_pos_frac": 0.5258964143426295, "fund_max_dd": -0.11761075673739763, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "rmbhx": {"sym": "rmbhx", "name": "RMB Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03382612960728324, "alpha_t_5y": -1.8595742747159927, "alpha_t_full": 2.877460261484672, "r2_5y": 0.9347276542079144, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.20160167121440212, "corr_benchmark": 0.5028047787872559, "alpha_pos_frac": 0.5063829787234042, "fund_max_dd": -0.5288259342309172, "first": "1996-06-21", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rmdax": {"sym": "rmdax", "name": "Virtus Silvant Mid-Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05391177816837751, "alpha_t_5y": -1.4095325802884515, "alpha_t_full": -1.1904370297182334, "r2_5y": 0.8627072520565671, "r2_full": 0.8852011487756247, "corr_portfolio": 0.16138592176180297, "corr_benchmark": 0.59596854125466, "alpha_pos_frac": 0.5259515570934256, "fund_max_dd": -0.5587090875890496, "first": "2002-02-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rmeax": {"sym": "rmeax", "name": "Aspiriant Risk-Managed Equity Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013306251759588458, "alpha_t_5y": 0.6593146942192202, "alpha_t_full": 0.6286432170272813, "r2_5y": 0.8182949052785049, "r2_full": 0.8233890521437559, "corr_portfolio": 0.3321602753243598, "corr_benchmark": 0.5795871335729402, "alpha_pos_frac": 0.5225806451612903, "fund_max_dd": -0.262283305575415, "first": "2013-04-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "rmgsx": {"sym": "rmgsx", "name": "Multi-Asset Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005046926098050484, "alpha_t_5y": -0.3998648993322759, "alpha_t_full": -1.030240552516315, "r2_5y": 0.9118130283964284, "r2_full": 0.8598209133118989, "corr_portfolio": 0.28617694427432555, "corr_benchmark": 0.7058965464128752, "alpha_pos_frac": 0.5648148148148148, "fund_max_dd": -0.24927812505440505, "first": "2017-03-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rmhyx": {"sym": "rmhyx", "name": "Long Duration Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006900871195159899, "alpha_t_5y": 0.49537319051201556, "alpha_t_full": 0.2749481247402444, "r2_5y": 0.7930939404525945, "r2_full": 0.7791582714774489, "corr_portfolio": -0.07219643445808555, "corr_benchmark": 0.6861968593642135, "alpha_pos_frac": 0.52, "fund_max_dd": -0.19311676550762102, "first": "2019-11-14", "verdict": "weak/unstable alpha", "alpha_name": false}, "rmlax": {"sym": "rmlax", "name": "Moderate Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007749956399022322, "alpha_t_5y": -1.1604141703729591, "alpha_t_full": -2.075996285206036, "r2_5y": 0.9589943476569441, "r2_full": 0.8818302352588663, "corr_portfolio": 0.29934569908521036, "corr_benchmark": 0.7529785896718303, "alpha_pos_frac": 0.5829596412556054, "fund_max_dd": -0.340804450040321, "first": "2003-03-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rmmbx": {"sym": "rmmbx", "name": "Aspiriant Risk-Managed Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01275240667941304, "alpha_t_5y": 1.0892084060168123, "alpha_t_full": 2.2423825884153534, "r2_5y": 0.26056454859643985, "r2_full": 0.27124764053886163, "corr_portfolio": 0.04501592008273409, "corr_benchmark": 0.29884816268154546, "alpha_pos_frac": 0.578125, "fund_max_dd": -0.12539567437155408, "first": "2015-07-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "rmqhx": {"sym": "rmqhx", "name": "Monthly Rebalance NASDAQ-100 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03535421757809716, "alpha_t_5y": -0.6086127147161065, "alpha_t_full": -0.6775603681957417, "r2_5y": 0.9184726468538448, "r2_full": 0.9522553734853687, "corr_portfolio": 0.1349769275905362, "corr_benchmark": 0.5998313937885955, "alpha_pos_frac": 0.3851851851851852, "fund_max_dd": -0.632084489649473, "first": "2014-12-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rmtbx": {"sym": "rmtbx", "name": "Aspiriant Risk-Managed Taxable Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009301671655441629, "alpha_t_5y": 1.0060301175861963, "alpha_t_full": 1.9548484874638465, "r2_5y": 0.7658349134368619, "r2_full": 0.7320818357691801, "corr_portfolio": -0.03208952070353721, "corr_benchmark": 0.6643902462725825, "alpha_pos_frac": 0.6210526315789474, "fund_max_dd": -0.1626084469015825, "first": "2018-04-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "rmuyx": {"sym": "rmuyx", "name": "Invesco Rochester New York Municipals Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004390916410841208, "alpha_t_5y": 0.21181630538143653, "alpha_t_full": 4.467713688203582, "r2_5y": 0.39751973771726756, "r2_full": 5.551115123125783e-16, "corr_portfolio": 0.03663158362547584, "corr_benchmark": 0.3532241073339083, "alpha_pos_frac": 0.6011560693641619, "fund_max_dd": -0.36351925076473, "first": "2000-05-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "rmycx": {"sym": "rmycx", "name": "Multi-Strategy Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013372852476870043, "alpha_t_5y": -1.0728969047601793, "alpha_t_full": -1.2744606624523453, "r2_5y": 0.871038926059653, "r2_full": 0.8335155177103257, "corr_portfolio": 0.3005398554233332, "corr_benchmark": 0.6827804983624604, "alpha_pos_frac": 0.5538461538461539, "fund_max_dd": -0.22849181174343125, "first": "2015-05-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": true}, "roam": {"sym": "roam", "name": "Hartford Multifactor Emerging Markets ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04796092877012059, "alpha_t_5y": 2.1876208342084675, "alpha_t_full": -0.16452847492476078, "r2_5y": 0.8906104268599142, "r2_full": 0.7674077149214823, "corr_portfolio": 0.2847443427038812, "corr_benchmark": 0.4853419241716439, "alpha_pos_frac": 0.5227272727272727, "fund_max_dd": -0.4546292960708469, "first": "2015-03-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rodm": {"sym": "rodm", "name": "Hartford Multifactor Developed Markets (ex-US) ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02879050924663023, "alpha_t_5y": 2.0170960364106034, "alpha_t_full": 0.8276585675535438, "r2_5y": 0.9348064349115895, "r2_full": 0.8045382368656625, "corr_portfolio": 0.3714959774555879, "corr_benchmark": 0.5167051065529216, "alpha_pos_frac": 0.48484848484848486, "fund_max_dd": -0.3598115542910316, "first": "2015-03-02", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "rous": {"sym": "rous", "name": "Hartford Multifactor US Equity ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.024510525313525842, "alpha_t_5y": 1.3817054346400137, "alpha_t_full": 0.27536534528903917, "r2_5y": 0.9128697320026946, "r2_full": 0.804616133579064, "corr_portfolio": 0.3294209282506615, "corr_benchmark": 0.5524819702644298, "alpha_pos_frac": 0.4772727272727273, "fund_max_dd": -0.3551066979006904, "first": "2015-03-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpbax": {"sym": "rpbax", "name": "T. Rowe Price Balanced Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006546833197236385, "alpha_t_5y": -0.981976917272869, "alpha_t_full": 4.608517618965861, "r2_5y": 0.9787322083710319, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.30741828004474064, "corr_benchmark": 0.6673396322125112, "alpha_pos_frac": 0.5650224215246636, "fund_max_dd": -0.4084315299627802, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpfix": {"sym": "rpfix", "name": "Royce Premier Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014041566512479637, "alpha_t_5y": -0.4768309072703876, "alpha_t_full": 0.3356142746854575, "r2_5y": 0.8780819572079069, "r2_full": 0.8771037958514671, "corr_portfolio": 0.28508784181307295, "corr_benchmark": 0.5306477209931296, "alpha_pos_frac": 0.515695067264574, "fund_max_dd": -0.5138866962516013, "first": "2002-09-18", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpgax": {"sym": "rpgax", "name": "T. Rowe Price Global Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -7.963935197204956e-05, "alpha_t_5y": -0.009957199311058712, "alpha_t_full": 0.889657315569264, "r2_5y": 0.9599918799669865, "r2_full": 0.9344912299870114, "corr_portfolio": 0.32895422170119604, "corr_benchmark": 0.6262946395967832, "alpha_pos_frac": 0.47058823529411764, "fund_max_dd": -0.24420286073914632, "first": "2013-06-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpgex": {"sym": "rpgex", "name": "T. Rowe Price Global Growth Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.052100081175726606, "alpha_t_5y": -2.7353639013522235, "alpha_t_full": -1.3221919637429767, "r2_5y": 0.9340000004558334, "r2_full": 0.9409656176537504, "corr_portfolio": 0.2226134934664939, "corr_benchmark": 0.6021993657481696, "alpha_pos_frac": 0.5, "fund_max_dd": -0.3967230494881442, "first": "2008-10-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpgix": {"sym": "rpgix", "name": "T. Rowe Price Global Industrials Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.027563985481858844, "alpha_t_5y": -1.0048247399895274, "alpha_t_full": -0.20076647213297838, "r2_5y": 0.8912110594712765, "r2_full": 0.9051751679454589, "corr_portfolio": 0.33349915902714317, "corr_benchmark": 0.5609579050380327, "alpha_pos_frac": 0.47297297297297297, "fund_max_dd": -0.37910879875344283, "first": "2013-10-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpgrx": {"sym": "rpgrx", "name": "T. Rowe Price Target 2035 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0066329403953624974, "alpha_t_5y": -0.8121941930140097, "alpha_t_full": 0.35192355940701103, "r2_5y": 0.9667879206289048, "r2_full": 0.9081375704003914, "corr_portfolio": 0.2999280457369745, "corr_benchmark": 0.6306955546981389, "alpha_pos_frac": 0.5266666666666666, "fund_max_dd": -0.2673990922785273, "first": "2013-08-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpibx": {"sym": "rpibx", "name": "T. Rowe Price International Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.023204790201455213, "alpha_t_5y": -2.1473517321439317, "alpha_t_full": 3.3862774061745684, "r2_5y": 0.8857789812691885, "r2_full": -1.9984014443252818e-15, "corr_portfolio": 0.026761721306655967, "corr_benchmark": 0.41669572416061335, "alpha_pos_frac": 0.5, "fund_max_dd": -0.3345662907055832, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpidx": {"sym": "rpidx", "name": "T. Rowe Price Dynamic Credit Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0318407706448986, "alpha_t_5y": 2.161165801638646, "alpha_t_full": 2.365621081986082, "r2_5y": 0.16174575049746343, "r2_full": 0.21724530647680118, "corr_portfolio": 0.12417678734045792, "corr_benchmark": -0.07364411016754904, "alpha_pos_frac": 0.47674418604651164, "fund_max_dd": -0.19941530849588673, "first": "2019-01-15", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "rpiex": {"sym": "rpiex", "name": "T. Rowe Price Dynamic Global Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017701989147950997, "alpha_t_5y": 0.9828166083813038, "alpha_t_full": 2.5122887100566325, "r2_5y": 0.2032511709970677, "r2_full": 0.18012791259352157, "corr_portfolio": 0.11667815308115295, "corr_benchmark": -0.34119066590800423, "alpha_pos_frac": 0.5263157894736842, "fund_max_dd": -0.09535800155604779, "first": "2015-01-23", "verdict": "weak/unstable alpha", "alpha_name": true}, "rpifx": {"sym": "rpifx", "name": "T. Rowe Price Institutional Floating Rate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.042561140530593025, "alpha_t_5y": 5.031975934378061, "alpha_t_full": 4.32768498718273, "r2_5y": 0.4444428363639841, "r2_full": 0.5457962570537634, "corr_portfolio": 0.26976022394127364, "corr_benchmark": 0.1694682513518322, "alpha_pos_frac": 0.48205128205128206, "fund_max_dd": -0.22533270761197488, "first": "2008-02-04", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "rpihx": {"sym": "rpihx", "name": "T. Rowe Price Global High Income Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012977570439340454, "alpha_t_5y": -1.1741468777703847, "alpha_t_full": 2.7399350208372932, "r2_5y": 0.7513980753588538, "r2_full": 0.708676115093626, "corr_portfolio": 0.2781893824459559, "corr_benchmark": 0.24510989502418762, "alpha_pos_frac": 0.5338345864661654, "fund_max_dd": -0.2377319643782808, "first": "2015-01-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "rplcx": {"sym": "rplcx", "name": "T. Rowe Price Institutional Long Duration Credit Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0016672989242564416, "alpha_t_5y": 0.24246358670425341, "alpha_t_full": 0.9033396674738411, "r2_5y": 0.9796673146103877, "r2_full": 0.936712744121258, "corr_portfolio": -0.06594248358859238, "corr_benchmark": 0.673703551409502, "alpha_pos_frac": 0.5228758169934641, "fund_max_dd": -0.3444441902574842, "first": "2013-06-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpmgx": {"sym": "rpmgx", "name": "T. Rowe Price Mid-Cap Growth Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06186936622295419, "alpha_t_5y": -2.3986375568638834, "alpha_t_full": 4.09604065987704, "r2_5y": 0.8880250276140152, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.218945077621003, "corr_benchmark": 0.6107897819432737, "alpha_pos_frac": 0.5646551724137931, "fund_max_dd": -0.5466162033830317, "first": "1992-07-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpsix": {"sym": "rpsix", "name": "T. Rowe Price Spectrum Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002578393379964185, "alpha_t_5y": -0.3976900068211224, "alpha_t_full": 8.557950754218021, "r2_5y": 0.8708710256236362, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.262270579680245, "corr_benchmark": 0.6753342364119375, "alpha_pos_frac": 0.5426008968609866, "fund_max_dd": -0.16702195872028036, "first": "1990-07-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rpxfx": {"sym": "rpxfx", "name": "RiverPark Large Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09860763635498054, "alpha_t_5y": -2.181444433881348, "alpha_t_full": -2.2698357803408302, "r2_5y": 0.8259549828847936, "r2_full": 0.8299446758986713, "corr_portfolio": 0.0843260902763514, "corr_benchmark": 0.5868939912563836, "alpha_pos_frac": 0.5621621621621622, "fund_max_dd": -0.5470173878312041, "first": "2010-10-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "rresx": {"sym": "rresx", "name": "Global Real Estate Securities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.026851253051640205, "alpha_t_5y": -1.5394071290278877, "alpha_t_full": 2.822606496433305, "r2_5y": 0.9314588721862919, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.2940919552597706, "corr_benchmark": 0.5866641261198777, "alpha_pos_frac": 0.4798206278026906, "fund_max_dd": -0.7209020128032846, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "rseax": {"sym": "rseax", "name": "U.S. Strategic Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02423058140936846, "alpha_t_5y": -1.961984162222252, "alpha_t_full": -1.6036082722207567, "r2_5y": 0.9700346616853772, "r2_full": 0.955290510837734, "corr_portfolio": 0.2747160915435948, "corr_benchmark": 0.6073229497043684, "alpha_pos_frac": 0.4876543209876543, "fund_max_dd": -0.34365332104906987, "first": "2012-08-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rseix": {"sym": "rseix", "name": "Royce Small-Cap Special Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.045148971201472786, "alpha_t_5y": 1.3805350334535482, "alpha_t_full": 1.469013225359445, "r2_5y": 0.7799065624822268, "r2_full": 0.8474223310001877, "corr_portfolio": 0.31448821921016257, "corr_benchmark": 0.4465564714557482, "alpha_pos_frac": 0.4823529411764706, "fund_max_dd": -0.43212417306994444, "first": "2003-07-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "rsqax": {"sym": "rsqax", "name": "Equity Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01320226905781317, "alpha_t_5y": 0.7792484576516301, "alpha_t_full": 0.6054160024502905, "r2_5y": 0.9211145648991605, "r2_full": 0.9550691867811143, "corr_portfolio": 0.38271519676565846, "corr_benchmark": 0.5474554338806844, "alpha_pos_frac": 0.5047619047619047, "fund_max_dd": -0.47988287704787036, "first": "2008-09-03", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "rtssx": {"sym": "rtssx", "name": "Tax-Managed U.S. Mid & Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02159042093928418, "alpha_t_5y": -1.1984252307460443, "alpha_t_full": -0.7658954022846404, "r2_5y": 0.9567772290349289, "r2_full": 0.9232143090783339, "corr_portfolio": 0.28233009025913663, "corr_benchmark": 0.5348264973795547, "alpha_pos_frac": 0.5022421524663677, "fund_max_dd": -0.5797417307927, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rtxax": {"sym": "rtxax", "name": "Tax-Managed Real Assets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015886952342016137, "alpha_t_5y": -0.7862016401733928, "alpha_t_full": -0.17433260561897193, "r2_5y": 0.9040181076265565, "r2_full": 0.9361649776758654, "corr_portfolio": 0.34985879855115104, "corr_benchmark": 0.5781944172103002, "alpha_pos_frac": 0.5125, "fund_max_dd": -0.40679505748976275, "first": "2019-06-19", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "ryavx": {"sym": "ryavx", "name": "S&P MidCap 400 Pure Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.022397086674224794, "alpha_t_5y": 0.6099437667122483, "alpha_t_full": 0.08378598498612908, "r2_5y": 0.8423828039927841, "r2_full": 0.868786284493463, "corr_portfolio": 0.35832085443134803, "corr_benchmark": 0.46072986038888475, "alpha_pos_frac": 0.4307692307692308, "fund_max_dd": -0.7309084978670659, "first": "2004-02-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryawx": {"sym": "ryawx", "name": "S&P 500 Pure Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.047683303782224774, "alpha_t_5y": -1.2201145109335263, "alpha_t_full": -1.9966136510800845, "r2_5y": 0.8546274181740351, "r2_full": 0.9084401202042394, "corr_portfolio": 0.2153057360716118, "corr_benchmark": 0.5952330639013447, "alpha_pos_frac": 0.5282051282051282, "fund_max_dd": -0.537508499950835, "first": "2004-02-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryazx": {"sym": "ryazx", "name": "S&P SmallCap 600 Pure Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.06241513486338976, "alpha_t_5y": 1.504530456102741, "alpha_t_full": 0.0007021238069988303, "r2_5y": 0.8403266410003993, "r2_full": 0.8546816381566531, "corr_portfolio": 0.32527134668447655, "corr_benchmark": 0.4274138034085911, "alpha_pos_frac": 0.46551724137931033, "fund_max_dd": -0.7821558787717104, "first": "2004-02-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "rybhx": {"sym": "rybhx", "name": "S&P MidCap 400 Pure Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03790403848854158, "alpha_t_5y": -0.7432392408393506, "alpha_t_full": -1.2282836775326613, "r2_5y": 0.7568539437633732, "r2_full": 0.8732536540238793, "corr_portfolio": 0.24623365890269988, "corr_benchmark": 0.5500983936399014, "alpha_pos_frac": 0.452914798206278, "fund_max_dd": -0.5215094426307954, "first": "2004-02-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "rybix": {"sym": "rybix", "name": "Basic Materials Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.048805032389729344, "alpha_t_5y": -0.9325810724262884, "alpha_t_full": 0.14900790236623618, "r2_5y": 0.7178251340102443, "r2_full": 0.675755785149879, "corr_portfolio": 0.3154888059401679, "corr_benchmark": 0.4874474391597668, "alpha_pos_frac": 0.4484304932735426, "fund_max_dd": -0.6565762317059463, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "rycix": {"sym": "rycix", "name": "Consumer Products Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.19155311563370403, "alpha_t_5y": -1.4888140805589718, "alpha_t_full": 0.5328715885368803, "r2_5y": 0.07528953553695683, "r2_full": 0.0, "corr_portfolio": 0.1674674490504737, "corr_benchmark": 0.2633443175176476, "alpha_pos_frac": 0.6186770428015564, "fund_max_dd": -0.7521508251745724, "first": "1998-07-07", "verdict": "weak/unstable alpha", "alpha_name": false}, "rydhx": {"sym": "rydhx", "name": "Dow Jones Industrial Average Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.016107221668682933, "alpha_t_5y": -0.9000054436345931, "alpha_t_full": -0.49889832171759796, "r2_5y": 0.9162435045173392, "r2_full": 0.9392387233403008, "corr_portfolio": 0.33960340278126827, "corr_benchmark": 0.5782618623419135, "alpha_pos_frac": 0.5121951219512195, "fund_max_dd": -0.3734071452875105, "first": "2015-12-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rydvx": {"sym": "rydvx", "name": "Royce Smid-Cap Total Return Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020289662588144807, "alpha_t_5y": 0.6667601863173457, "alpha_t_full": 0.9028372919677692, "r2_5y": 0.8539474994554921, "r2_full": 0.907919207774321, "corr_portfolio": 0.35390008751342444, "corr_benchmark": 0.5340541353047111, "alpha_pos_frac": 0.4860557768924303, "fund_max_dd": -0.5334736927343766, "first": "2004-05-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryeix": {"sym": "ryeix", "name": "Energy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.026058094443629283, "alpha_t_5y": 0.41296859633852423, "alpha_t_full": 1.7226602038075682, "r2_5y": 0.6987535480387475, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.3368011644876891, "corr_benchmark": 0.2900012745017753, "alpha_pos_frac": 0.46382978723404256, "fund_max_dd": -0.8300874775585978, "first": "1998-04-22", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryeux": {"sym": "ryeux", "name": "Europe 1.25x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009929681261741598, "alpha_t_5y": -0.37486517444399464, "alpha_t_full": -2.612179019793682, "r2_5y": 0.9088225939100201, "r2_full": 0.9086287535124337, "corr_portfolio": 0.3521791290910052, "corr_benchmark": 0.5142206398509397, "alpha_pos_frac": 0.5112107623318386, "fund_max_dd": -0.7550039513373907, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryfix": {"sym": "ryfix", "name": "Financial Services Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011794520974689006, "alpha_t_5y": -0.44859349894505623, "alpha_t_full": 0.14421015105419996, "r2_5y": 0.8827106741441579, "r2_full": 0.6612858652563294, "corr_portfolio": 0.3726882686308296, "corr_benchmark": 0.5049006383672743, "alpha_pos_frac": 0.3735408560311284, "fund_max_dd": -0.6446414605709037, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rygbx": {"sym": "rygbx", "name": "Government Long Bond 1.2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.1302067494007535, "alpha_t_5y": -1.435423990998694, "alpha_t_full": 0.2639831427437585, "r2_5y": 0.4341438732862193, "r2_full": 0.0, "corr_portfolio": -0.17097221281463235, "corr_benchmark": 0.4857418537145877, "alpha_pos_frac": 0.8551236749116607, "fund_max_dd": -0.8484525674397714, "first": "1994-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryhdx": {"sym": "ryhdx", "name": "High Yield Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.018331031372914558, "alpha_t_5y": -1.6497212136714676, "alpha_t_full": -3.102470994084345, "r2_5y": 0.8776580773384248, "r2_full": 0.5501446128471636, "corr_portfolio": 0.18512632316184438, "corr_benchmark": 0.6399074213619333, "alpha_pos_frac": 0.5088495575221239, "fund_max_dd": -0.23330458032819323, "first": "2007-04-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryhix": {"sym": "ryhix", "name": "Health Care Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007407086323260944, "alpha_t_5y": -0.17939710291982044, "alpha_t_full": 1.009215784971072, "r2_5y": 0.6231001767053775, "r2_full": 0.6519863587415817, "corr_portfolio": 0.2195172773444874, "corr_benchmark": 0.5252888781521021, "alpha_pos_frac": 0.5191489361702127, "fund_max_dd": -0.4126983951437031, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryhrx": {"sym": "ryhrx", "name": "Real Estate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014652186306923541, "alpha_t_5y": -1.374524963874497, "alpha_t_full": -3.337045892378524, "r2_5y": 0.9820710394432098, "r2_full": 0.9806260945191415, "corr_portfolio": 0.2599069449746933, "corr_benchmark": 0.5811451535755506, "alpha_pos_frac": 0.5725490196078431, "fund_max_dd": -0.7449571430180212, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryidx": {"sym": "ryidx", "name": "Inverse Dow 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.08097289555705925, "alpha_t_5y": 2.220122370021935, "alpha_t_full": 1.4147333505491522, "r2_5y": 0.9128703659764771, "r2_full": 0.8743835861520647, "corr_portfolio": -0.3568752990730586, "corr_benchmark": -0.5583246175624159, "alpha_pos_frac": 0.40425531914893614, "fund_max_dd": -0.9977647109135068, "first": "2004-09-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryiex": {"sym": "ryiex", "name": "Emerging Markets Bond Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.038052030169586706, "alpha_t_5y": -2.140128466035155, "alpha_t_full": -2.878676722937415, "r2_5y": 0.7824271704303787, "r2_full": 0.6878865337433073, "corr_portfolio": 0.14761560540438484, "corr_benchmark": 0.7251045938969345, "alpha_pos_frac": 0.4864864864864865, "fund_max_dd": -0.31323032538819906, "first": "2013-10-14", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryiix": {"sym": "ryiix", "name": "Internet Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08806291923457064, "alpha_t_5y": -1.8019264242630315, "alpha_t_full": -2.3529501981379095, "r2_5y": 0.815514233487276, "r2_full": 0.8401714944752138, "corr_portfolio": 0.05676830455644713, "corr_benchmark": 0.5612776562905989, "alpha_pos_frac": 0.5067264573991032, "fund_max_dd": -0.9294117637373788, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryilx": {"sym": "ryilx", "name": "Inverse High Yield Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01650965922595034, "alpha_t_5y": 1.1612234689552092, "alpha_t_full": -0.08552636278497099, "r2_5y": 0.862744777899172, "r2_full": 0.47156333473656575, "corr_portfolio": -0.15955843994481447, "corr_benchmark": -0.5923984568617205, "alpha_pos_frac": 0.3938053097345133, "fund_max_dd": -0.7720956244530393, "first": "2007-04-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryipx": {"sym": "ryipx", "name": "Royce International Premier Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.10523332417045839, "alpha_t_5y": -3.379627638081399, "alpha_t_full": -1.4690499691347627, "r2_5y": 0.7666779873238059, "r2_full": 0.7984321618988274, "corr_portfolio": 0.30479252192677375, "corr_benchmark": 0.5273194268724494, "alpha_pos_frac": 0.5604395604395604, "fund_max_dd": -0.42142993453610167, "first": "2011-01-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryiux": {"sym": "ryiux", "name": "Inverse Russell 2000 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.06895795951557683, "alpha_t_5y": 3.9274570625676057, "alpha_t_full": 0.16376267981154768, "r2_5y": 0.9914740992975348, "r2_full": 0.9901281267357833, "corr_portfolio": -0.2554876338696516, "corr_benchmark": -0.5427799551665344, "alpha_pos_frac": 0.0759493670886076, "fund_max_dd": -0.9993843930452287, "first": "2009-11-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryjsx": {"sym": "ryjsx", "name": "Japan 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07744431420236333, "alpha_t_5y": -0.8452500499750751, "alpha_t_full": -0.8658927325624809, "r2_5y": 0.7366895210116949, "r2_full": 0.7377813629061531, "corr_portfolio": 0.2875627431646096, "corr_benchmark": 0.5088547154294694, "alpha_pos_frac": 0.5046296296296297, "fund_max_dd": -0.7840921297577559, "first": "2008-02-22", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryjux": {"sym": "ryjux", "name": "Inverse Government Long Bond Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.057726322057238925, "alpha_t_5y": 4.541176470517858, "alpha_t_full": 4.075573247958063, "r2_5y": 0.9649747413992462, "r2_full": 0.9593150354996107, "corr_portfolio": 0.20208840195214578, "corr_benchmark": -0.6149898734328798, "alpha_pos_frac": 0.3872832369942196, "fund_max_dd": -0.8457711527599938, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rykix": {"sym": "rykix", "name": "Banking Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.025192886743458008, "alpha_t_5y": 0.46965001790839084, "alpha_t_full": 0.05128430386502412, "r2_5y": 0.7441339276156969, "r2_full": 0.6434682464006807, "corr_portfolio": 0.38267717342243734, "corr_benchmark": 0.3338619222694096, "alpha_pos_frac": 0.4663677130044843, "fund_max_dd": -0.6823780758027203, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryldx": {"sym": "ryldx", "name": "Dow 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05726982816787456, "alpha_t_5y": -1.567283404372811, "alpha_t_full": -1.115793856594442, "r2_5y": 0.9127679811147423, "r2_full": 0.9357593135536695, "corr_portfolio": 0.35751826009469634, "corr_benchmark": 0.5592049947159243, "alpha_pos_frac": 0.4978723404255319, "fund_max_dd": -0.821604104109909, "first": "2004-09-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rylix": {"sym": "rylix", "name": "Leisure Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06196666908593222, "alpha_t_5y": -1.5119449542450152, "alpha_t_full": -1.1242900129877516, "r2_5y": 0.7569106884401839, "r2_full": 0.7924522685032406, "corr_portfolio": 0.23045275092025286, "corr_benchmark": 0.5663101575817997, "alpha_pos_frac": 0.5657370517928287, "fund_max_dd": -0.6819680571477325, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "rymbx": {"sym": "rymbx", "name": "Commodities Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00834137860123552, "alpha_t_5y": 0.22402059234708635, "alpha_t_full": -0.4492864193039669, "r2_5y": 0.8502089686998313, "r2_full": 0.9070167763097658, "corr_portfolio": 0.2291732820433703, "corr_benchmark": 0.08246757393810389, "alpha_pos_frac": 0.5702127659574469, "fund_max_dd": -0.9095439223481546, "first": "2006-07-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rymdx": {"sym": "rymdx", "name": "Mid-Cap 1.5x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04601748267034727, "alpha_t_5y": -1.5694091553857659, "alpha_t_full": -1.2236943975720538, "r2_5y": 0.9439988003913463, "r2_full": 0.9450728039264804, "corr_portfolio": 0.32280134827174517, "corr_benchmark": 0.5623318923877406, "alpha_pos_frac": 0.5381165919282511, "fund_max_dd": -0.7543220573455245, "first": "2001-08-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rymfx": {"sym": "rymfx", "name": "Guggenheim Managed Futures Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02014247769464265, "alpha_t_5y": -0.5003121906583069, "alpha_t_full": 0.10839288377627028, "r2_5y": 0.35143615168816555, "r2_full": 0.07807781174439732, "corr_portfolio": 0.23525317740277807, "corr_benchmark": 0.07780897382137142, "alpha_pos_frac": 0.47085201793721976, "fund_max_dd": -0.36522050666552897, "first": "2007-02-23", "verdict": "weak/unstable alpha", "alpha_name": true}, "rymhx": {"sym": "rymhx", "name": "Inverse Mid-Cap Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.07218469834843093, "alpha_t_5y": 1.2706926454714722, "alpha_t_full": 1.7813043039008536, "r2_5y": 0.6708207844035213, "r2_full": 0.8453468013652594, "corr_portfolio": -0.2905723379884204, "corr_benchmark": -0.5245336023875748, "alpha_pos_frac": 0.36742424242424243, "fund_max_dd": -0.9509863550229379, "first": "2004-02-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "rymix": {"sym": "rymix", "name": "Telecommunications Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012018890706961853, "alpha_t_5y": -0.27195084178361273, "alpha_t_full": -2.4014521581407844, "r2_5y": 0.6763742227263405, "r2_full": 0.6776368062402749, "corr_portfolio": 0.2732146889858176, "corr_benchmark": 0.5403260862736543, "alpha_pos_frac": 0.452914798206278, "fund_max_dd": -0.8781303742116715, "first": "1999-03-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "rymkx": {"sym": "rymkx", "name": "Russell 2000 1.5x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03552684051849705, "alpha_t_5y": -3.010849589366597, "alpha_t_full": -2.575281042982859, "r2_5y": 0.9931797145986118, "r2_full": 0.9747947346526606, "corr_portfolio": 0.255169331373576, "corr_benchmark": 0.5446043287906834, "alpha_pos_frac": 0.6006600660066007, "fund_max_dd": -0.7756614584724202, "first": "2000-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rymsx": {"sym": "rymsx", "name": "Guggenheim Multi-Hedge Strategies Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": -0.8189054299152048, "r2_5y": NaN, "r2_full": 0.4600450518899881, "corr_portfolio": 0.34138123182351143, "corr_benchmark": 0.3133183073019974, "alpha_pos_frac": 0.5193370165745856, "fund_max_dd": -0.295547106365326, "first": "2005-09-20", "verdict": "no 5y window", "alpha_name": false}, "rynvx": {"sym": "rynvx", "name": "Nova Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03419873120510549, "alpha_t_5y": -4.306225981925257, "alpha_t_full": -3.7584923900806455, "r2_5y": 0.9943284503814742, "r2_full": 0.9844104087908718, "corr_portfolio": 0.28498562811044514, "corr_benchmark": 0.617652003496684, "alpha_pos_frac": 0.5501618122977346, "fund_max_dd": -0.7653777333220104, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryocx": {"sym": "ryocx", "name": "NASDAQ-100 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011134279384152578, "alpha_t_5y": -1.3634706060062602, "alpha_t_full": -1.7880277033701701, "r2_5y": 0.9927753658277264, "r2_full": 0.9825138915476077, "corr_portfolio": 0.14597551062388175, "corr_benchmark": 0.6113684084180029, "alpha_pos_frac": 0.4520123839009288, "fund_max_dd": -0.8374642638826186, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryoix": {"sym": "ryoix", "name": "Biotechnology Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02319712497813459, "alpha_t_5y": 0.3129834978229511, "alpha_t_full": 1.065592073105434, "r2_5y": 0.437779713857988, "r2_full": 0.45115484960074037, "corr_portfolio": 0.10528910999963037, "corr_benchmark": 0.4295160514937519, "alpha_pos_frac": 0.45353159851301117, "fund_max_dd": -0.7443486377779227, "first": "1999-03-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryotx": {"sym": "ryotx", "name": "Royce Micro-Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.048056258050129044, "alpha_t_5y": 1.6644401556583814, "alpha_t_full": 1.845288994602476, "r2_5y": 0.9172183356064245, "r2_full": 0.8471622340910088, "corr_portfolio": 0.24814508679151426, "corr_benchmark": 0.5126085826363931, "alpha_pos_frac": 0.45739910313901344, "fund_max_dd": -0.5685655843306591, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rypix": {"sym": "rypix", "name": "Transportation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06737072594202931, "alpha_t_5y": -1.489435915336236, "alpha_t_full": -0.41534829974158527, "r2_5y": 0.8110367197669917, "r2_full": 0.7566192659636051, "corr_portfolio": 0.25272060030799515, "corr_benchmark": 0.5223228466872553, "alpha_pos_frac": 0.5446808510638298, "fund_max_dd": -0.6350754951500781, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "rypmx": {"sym": "rypmx", "name": "Precious Metals Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07428771159774208, "alpha_t_5y": -0.8511020811066404, "alpha_t_full": 1.6996524268985616, "r2_5y": 0.7018053300338507, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.05781558178393666, "corr_benchmark": 0.3348108404820079, "alpha_pos_frac": 0.4260089686098655, "fund_max_dd": -0.8125402302294431, "first": "1993-12-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "rypnx": {"sym": "rypnx", "name": "Royce Small-Cap Opportunity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.12606800870933615, "alpha_t_5y": 1.7794189674178307, "alpha_t_full": 4.121318558117262, "r2_5y": 0.6912360929458324, "r2_full": 0.7523533087405908, "corr_portfolio": 0.27796828260420947, "corr_benchmark": 0.428403744348809, "alpha_pos_frac": 0.4349775784753363, "fund_max_dd": -0.6262269196698758, "first": "2000-05-30", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "ryrix": {"sym": "ryrix", "name": "Retailing Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0529410658635615, "alpha_t_5y": -1.1592339731246428, "alpha_t_full": -0.25685287484348474, "r2_5y": 0.7413793080719941, "r2_full": 0.7091200125261716, "corr_portfolio": 0.1822096063892944, "corr_benchmark": 0.5571280387454024, "alpha_pos_frac": 0.47533632286995514, "fund_max_dd": -0.5826257551401757, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryrrx": {"sym": "ryrrx", "name": "Russell 2000 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013992153799692599, "alpha_t_5y": -1.5051093883632731, "alpha_t_full": -2.3497140845267483, "r2_5y": 0.990436105187598, "r2_full": 0.9851330966428514, "corr_portfolio": 0.25681968779650605, "corr_benchmark": 0.5428638085140628, "alpha_pos_frac": 0.4177215189873418, "fund_max_dd": -0.6035576889579828, "first": "2006-06-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryrux": {"sym": "ryrux", "name": "Russell 2000 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05247579562968924, "alpha_t_5y": -2.7941569420818566, "alpha_t_full": -2.6525998156724304, "r2_5y": 0.9902394857184588, "r2_full": 0.9853682767239889, "corr_portfolio": 0.2562007727194706, "corr_benchmark": 0.5417078682053206, "alpha_pos_frac": 0.5316455696202531, "fund_max_dd": -0.880635884801133, "first": "2006-06-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rysbx": {"sym": "rysbx", "name": "Strengthening Dollar 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.019038980886983626, "alpha_t_5y": 1.4477537805281133, "alpha_t_full": 4.365127904422128, "r2_5y": 0.9684189988011416, "r2_full": 0.9353836539656343, "corr_portfolio": -0.0667983806177908, "corr_benchmark": -0.2590452101251219, "alpha_pos_frac": 0.4717948717948718, "fund_max_dd": -0.43875900300063775, "first": "2005-12-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryshx": {"sym": "ryshx", "name": "Inverse Russell 2000 Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.1370556494654048, "alpha_t_5y": -0.9811003548128563, "alpha_t_full": -0.46422726427790983, "r2_5y": 0.3179573965956559, "r2_full": 0.6669710462954721, "corr_portfolio": -0.19579499771322045, "corr_benchmark": -0.3922089873419153, "alpha_pos_frac": 0.7537878787878788, "fund_max_dd": -0.9914656054314909, "first": "2004-02-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "rysix": {"sym": "rysix", "name": "Electronics Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.09275478447101602, "alpha_t_5y": 1.3995724282536766, "alpha_t_full": 0.1024110203455775, "r2_5y": 0.8278593118754474, "r2_full": 0.7610621262256613, "corr_portfolio": 0.12777787799977566, "corr_benchmark": 0.5189507567787015, "alpha_pos_frac": 0.5112107623318386, "fund_max_dd": -0.8859843894711514, "first": "1999-03-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "rysox": {"sym": "rysox", "name": "S&P 500 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015732063806449845, "alpha_t_5y": -2.4945028543380454, "alpha_t_full": -3.3595548062561074, "r2_5y": 0.9919384963564362, "r2_full": 0.9898003858480543, "corr_portfolio": 0.2852270368846363, "corr_benchmark": 0.6157114044725359, "alpha_pos_frac": 0.24472573839662448, "fund_max_dd": -0.5523521074750886, "first": "2006-06-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rytix": {"sym": "rytix", "name": "Technology Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0025457708961447215, "alpha_t_5y": 0.09465059347843452, "alpha_t_full": -0.9138162986551001, "r2_5y": 0.9440727596149837, "r2_full": 0.8894692442941581, "corr_portfolio": 0.12741626128723035, "corr_benchmark": 0.5930124581150699, "alpha_pos_frac": 0.44621513944223107, "fund_max_dd": -0.8399765714757991, "first": "1999-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rytmx": {"sym": "rytmx", "name": "Inverse S&P 500 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.06198841333485604, "alpha_t_5y": 5.055520599209906, "alpha_t_full": 3.6788305734288307, "r2_5y": 0.9947491901305654, "r2_full": 0.9375348040981625, "corr_portfolio": -0.284245892017383, "corr_benchmark": -0.6162081652789874, "alpha_pos_frac": 0.30131004366812225, "fund_max_dd": -0.9987393425657819, "first": "2004-09-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryttx": {"sym": "ryttx", "name": "S&P 500 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.057799002645739804, "alpha_t_5y": -6.0174543534761025, "alpha_t_full": -5.571732880774334, "r2_5y": 0.9953168402804907, "r2_full": 0.990592093050139, "corr_portfolio": 0.28470964445484487, "corr_benchmark": 0.6163564050924916, "alpha_pos_frac": 0.5465116279069767, "fund_max_dd": -0.8491114515376746, "first": "2004-09-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryuix": {"sym": "ryuix", "name": "Utilities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03285655808908423, "alpha_t_5y": 0.6491379747971484, "alpha_t_full": 0.298996935260309, "r2_5y": 0.4724438738793122, "r2_full": 0.4759654711436071, "corr_portfolio": 0.2455620082943161, "corr_benchmark": 0.4774540323000827, "alpha_pos_frac": 0.5372549019607843, "fund_max_dd": -0.6181295487564202, "first": "2000-05-22", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryurx": {"sym": "ryurx", "name": "Inverse S&P 500 Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.057261242169881044, "alpha_t_5y": 6.117834130171873, "alpha_t_full": 5.993049019070163, "r2_5y": 0.9824166104088344, "r2_full": 0.9762411907882955, "corr_portfolio": -0.2826423000308707, "corr_benchmark": -0.6154309285595081, "alpha_pos_frac": 0.3851132686084142, "fund_max_dd": -0.951569194491279, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryvfx": {"sym": "ryvfx", "name": "Royce Small-Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.047495502769565844, "alpha_t_5y": 1.5389077453284092, "alpha_t_full": 0.506556383597275, "r2_5y": 0.8725246448533845, "r2_full": 0.8495403418500237, "corr_portfolio": 0.32764867717673873, "corr_benchmark": 0.4654626891664974, "alpha_pos_frac": 0.5372549019607843, "fund_max_dd": -0.57722285268165, "first": "2001-06-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryvix": {"sym": "ryvix", "name": "Energy Services Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05656038820168906, "alpha_t_5y": -0.6185327046293816, "alpha_t_full": 0.9191114770223417, "r2_5y": 0.6406117540343577, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.32025058229380876, "corr_benchmark": 0.25508014740052865, "alpha_pos_frac": 0.48936170212765956, "fund_max_dd": -0.9405847807407028, "first": "1998-04-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "ryvlx": {"sym": "ryvlx", "name": "NASDAQ-100(R) 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05474037345504579, "alpha_t_5y": -3.568793243115005, "alpha_t_full": -3.9431814096406295, "r2_5y": 0.9936083777230066, "r2_full": 0.9910974651854254, "corr_portfolio": 0.14647623538912158, "corr_benchmark": 0.6089223251681237, "alpha_pos_frac": 0.6124031007751938, "fund_max_dd": -0.8326659277703485, "first": "2004-09-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryvtx": {"sym": "ryvtx", "name": "Inverse NASDAQ-100(R) 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.07826063998157261, "alpha_t_5y": 5.0787653149344925, "alpha_t_full": -0.6843258500873661, "r2_5y": 0.9935588425088151, "r2_full": 0.4222751347796938, "corr_portfolio": -0.14654220268983334, "corr_benchmark": -0.6093664287508418, "alpha_pos_frac": 0.9534883720930233, "fund_max_dd": -20.461748748681938, "first": "2007-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rywax": {"sym": "rywax", "name": "S&P SmallCap 600 Pure Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02661771095660503, "alpha_t_5y": -0.6595793701177869, "alpha_t_full": -1.0064636202774806, "r2_5y": 0.8422442729951178, "r2_full": 0.9164890533537015, "corr_portfolio": 0.25610757581323246, "corr_benchmark": 0.5222841416611613, "alpha_pos_frac": 0.2593984962406015, "fund_max_dd": -0.6021070131690186, "first": "2004-09-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "rywbx": {"sym": "rywbx", "name": "Weakening Dollar 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013080098691862552, "alpha_t_5y": -1.083554019560076, "alpha_t_full": -5.207062532560909, "r2_5y": 0.9735998334936611, "r2_full": 0.9353455706892368, "corr_portfolio": 0.06903658353343442, "corr_benchmark": 0.2611292020874013, "alpha_pos_frac": 0.46153846153846156, "fund_max_dd": -0.7159533173212387, "first": "2005-12-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rywtx": {"sym": "rywtx", "name": "Emerging Markets 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.13376059138823093, "alpha_t_5y": -1.7834801592052778, "alpha_t_full": -1.9617612527494572, "r2_5y": 0.8659037186655325, "r2_full": 0.8790841383240907, "corr_portfolio": 0.20977572793784346, "corr_benchmark": 0.46225074910808533, "alpha_pos_frac": 0.4945652173913043, "fund_max_dd": -0.784694813616017, "first": "2010-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "rywwx": {"sym": "rywwx", "name": "Inverse Emerging Markets 2x Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.12515018256497643, "alpha_t_5y": 1.670681383712185, "alpha_t_full": 1.1841468914152438, "r2_5y": 0.8658016934396804, "r2_full": 0.8786440769837259, "corr_portfolio": -0.21040111796011587, "corr_benchmark": -0.4616277350166514, "alpha_pos_frac": 0.5108695652173914, "fund_max_dd": -0.9812334102518688, "first": "2010-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ryzax": {"sym": "ryzax", "name": "S&P 500 Pure Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.023191681472273917, "alpha_t_5y": 0.7171323274217006, "alpha_t_full": 1.1437286605470194, "r2_5y": 0.815779505365099, "r2_full": 0.6854971387660292, "corr_portfolio": 0.4226849604598691, "corr_benchmark": 0.4364708764565696, "alpha_pos_frac": 0.33617021276595743, "fund_max_dd": -0.6981828851492073, "first": "2004-02-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "saaax": {"sym": "saaax", "name": "SIMT MULTI-ASSET ACCUMULATION FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.029840556591287298, "alpha_t_5y": -1.8151456022211179, "alpha_t_full": -0.5659320022584592, "r2_5y": 0.8354843739331186, "r2_full": 0.7833636636823353, "corr_portfolio": 0.23065879638217016, "corr_benchmark": 0.7653569130134127, "alpha_pos_frac": 0.5748502994011976, "fund_max_dd": -0.2548877641163424, "first": "2012-04-10", "verdict": "weak/unstable alpha", "alpha_name": false}, "safex": {"sym": "safex", "name": "Ultra Short Government Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013934971137815819, "alpha_t_5y": 2.73973011918959, "alpha_t_full": 2.6619254589460195, "r2_5y": 0.1892932866603062, "r2_full": 0.13597489171107002, "corr_portfolio": 0.03968032167838505, "corr_benchmark": 0.005881244057398238, "alpha_pos_frac": 0.5694444444444444, "fund_max_dd": -0.002988005703608021, "first": "2020-02-27", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "sagwx": {"sym": "sagwx", "name": "Touchstone Small Company Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02038481121042727, "alpha_t_5y": 0.8127693577500559, "alpha_t_full": 3.18145239368577, "r2_5y": 0.9067796580625719, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.28916407505635383, "corr_benchmark": 0.5336974843525263, "alpha_pos_frac": 0.4745098039215686, "fund_max_dd": -0.5187331827150172, "first": "1993-03-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "saoox": {"sym": "saoox", "name": "Overlay A Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09555726564898605, "alpha_t_5y": -1.651292913416648, "alpha_t_full": -1.651292913416648, "r2_5y": 0.4677145851626704, "r2_full": 0.4677145851626704, "corr_portfolio": 0.0798294688842596, "corr_benchmark": 0.5358334616788315, "alpha_pos_frac": 0.6724137931034483, "fund_max_dd": -0.38152199778997586, "first": "2021-04-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "satox": {"sym": "satox", "name": "Tax-Aware Overlay A Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09627939559323948, "alpha_t_5y": -1.8647531807057829, "alpha_t_full": -1.8647531807057829, "r2_5y": 0.48844518549167726, "r2_full": 0.48844518549167726, "corr_portfolio": 0.08066742482730875, "corr_benchmark": 0.5478688517083871, "alpha_pos_frac": 0.603448275862069, "fund_max_dd": -0.3342904905065387, "first": "2021-04-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "sbhex": {"sym": "sbhex", "name": "Segall Bryant & Hamill Emerging Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04636371392266217, "alpha_t_5y": 1.8855961745795422, "alpha_t_full": 0.7972071714659925, "r2_5y": 0.8792691012777967, "r2_full": 0.8736101639843585, "corr_portfolio": 0.3107619684458237, "corr_benchmark": 0.4755648653479824, "alpha_pos_frac": 0.5564516129032258, "fund_max_dd": -0.41432306218907733, "first": "2015-11-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sboox": {"sym": "sboox", "name": "Overlay B Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.029079433619399107, "alpha_t_5y": -1.774689719027336, "alpha_t_full": -1.774689719027336, "r2_5y": 0.7251665412068937, "r2_full": 0.7251665412068937, "corr_portfolio": 0.035698196085811935, "corr_benchmark": 0.7916385245854356, "alpha_pos_frac": 0.5689655172413793, "fund_max_dd": -0.21634805716708028, "first": "2021-04-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "sbstx": {"sym": "sbstx", "name": "Western Asset Short-Term Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014509751772961628, "alpha_t_5y": -1.43042486035346, "alpha_t_full": 4.065447641679554, "r2_5y": 0.4766725202271862, "r2_full": 2.9976021664879227e-15, "corr_portfolio": 0.01610282245849208, "corr_benchmark": 0.34813773294134465, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.16297122155005683, "first": "1991-11-12", "verdict": "weak/unstable alpha", "alpha_name": false}, "sbtox": {"sym": "sbtox", "name": "Tax-Aware Overlay B Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03198660593238614, "alpha_t_5y": -1.9196109441228133, "alpha_t_full": -1.9196109441228133, "r2_5y": 0.6207375456052979, "r2_full": 0.6207375456052979, "corr_portfolio": 0.07341859600501481, "corr_benchmark": 0.6450376822337014, "alpha_pos_frac": 0.4827586206896552, "fund_max_dd": -0.1667088372720673, "first": "2021-04-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "scaux": {"sym": "scaux", "name": "Invesco Income Advantage U.S. Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0036498637289854425, "alpha_t_5y": -0.30762742587171643, "alpha_t_full": -2.3016699370646148, "r2_5y": 0.9529874450203739, "r2_full": 0.9335990947055148, "corr_portfolio": 0.32956669188027876, "corr_benchmark": 0.5970827105804588, "alpha_pos_frac": 0.5650224215246636, "fund_max_dd": -0.5455858253616876, "first": "2006-04-04", "verdict": "sleeve mix (R\u00b2 high) - 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idiosyncratic alpha, complements portfolio", "alpha_name": false}, "scjax": {"sym": "scjax", "name": "Steward Covered Call Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005897157970252121, "alpha_t_5y": 0.0958803490725306, "alpha_t_full": -0.2780137948000188, "r2_5y": 0.40151350083945136, "r2_full": 0.5934109603559046, "corr_portfolio": 0.1963444479727745, "corr_benchmark": 0.5047417064732694, "alpha_pos_frac": 0.5510204081632653, "fund_max_dd": -0.3318972171721004, "first": "2017-12-20", "verdict": "weak/unstable alpha", "alpha_name": false}, "sclax": {"sym": "sclax", "name": "SIMT MULTI-ASSET CAPITAL STABILITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018955777134616256, "alpha_t_5y": 3.49032252606009, "alpha_t_full": 2.842925131805151, "r2_5y": 0.7633512499021613, "r2_full": 0.6949752062555294, "corr_portfolio": 0.21106826154893404, "corr_benchmark": 0.7383758012221079, "alpha_pos_frac": 0.4491017964071856, "fund_max_dd": -0.0559295399725781, "first": "2012-04-10", "verdict": "weak/unstable alpha", "alpha_name": false}, "scoax": {"sym": "scoax", "name": "SIIT CORE FIXED INCOME", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002255330457001239, "alpha_t_5y": 0.4820513090004915, "alpha_t_full": -1.5992341719006478, "r2_5y": 0.967521935795699, "r2_full": 0.8027034402299702, "corr_portfolio": -0.08720308411450203, "corr_benchmark": 0.7094615663714977, "alpha_pos_frac": 0.6763005780346821, "fund_max_dd": -0.1940103835188398, "first": "2007-09-05", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "secax": {"sym": "secax", "name": "SIIT Small Cap II Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008481130361313866, "alpha_t_5y": 0.5395662087290222, "alpha_t_full": -0.31417313436967903, "r2_5y": 0.9675967094367034, "r2_full": 0.9194475229566486, "corr_portfolio": 0.3055607444103034, "corr_benchmark": 0.5069708167964191, "alpha_pos_frac": 0.572289156626506, "fund_max_dd": -0.4242198832149363, "first": "2012-04-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "secex": {"sym": "secex", "name": "NAA LARGE CORE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010448075174068188, "alpha_t_5y": -1.3018762144208165, "alpha_t_full": 3.279515817714834, "r2_5y": 0.9874045203587488, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.29076407431436513, "corr_benchmark": 0.6198039103235035, "alpha_pos_frac": 0.5384615384615384, "fund_max_dd": -0.5909373287116937, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "secpx": {"sym": "secpx", "name": "SDIT ULTRA SHORT DURATION BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006587086767390859, "alpha_t_5y": 1.1753221321148086, "alpha_t_full": 9.875612711742955, "r2_5y": 0.3635757858004065, "r2_full": -8.43769498715119e-15, "corr_portfolio": 0.0653688824180498, "corr_benchmark": 0.18083130262539066, "alpha_pos_frac": 0.3930635838150289, "fund_max_dd": -0.11640889670226062, "first": "1993-09-29", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "sedax": {"sym": "sedax", "name": "SIIT EMERGING MARKETS DEBT FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018417164607391824, "alpha_t_5y": 0.9284536839142974, "alpha_t_full": -1.6058021700012028, "r2_5y": 0.5305268457188554, "r2_full": 0.40871721580146547, "corr_portfolio": 0.26206859698627566, "corr_benchmark": 0.3612345235489743, "alpha_pos_frac": 0.6127167630057804, "fund_max_dd": -0.31479763689933393, "first": "2007-09-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "seekx": {"sym": "seekx", "name": "Steward Values Enhanced Large Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006696351390536547, "alpha_t_5y": 0.08766857086018053, "alpha_t_full": -0.12867054523311924, "r2_5y": 0.45849038013118215, "r2_full": 0.8109299829600389, "corr_portfolio": 0.2310765364429176, "corr_benchmark": 0.5179237664575302, "alpha_pos_frac": 0.3968871595330739, "fund_max_dd": -0.5825675869774922, "first": "2004-10-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "sefix": {"sym": "sefix", "name": "SIT INTERNATIONAL FIXED INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0012478435024051947, "alpha_t_5y": 0.11439483992160832, "alpha_t_full": 3.6497922386184154, "r2_5y": 0.40954861869641257, "r2_full": -1.1102230246251565e-15, "corr_portfolio": -0.06249269984844923, "corr_benchmark": 0.4606971400416392, "alpha_pos_frac": 0.5175438596491229, "fund_max_dd": -0.19162356284878257, "first": "1993-09-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "segmx": {"sym": "segmx", "name": "SDIT GNMA FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0036648871095710787, "alpha_t_5y": -0.5620670485485593, "alpha_t_full": 6.665534676296786, "r2_5y": 0.9302805609421816, "r2_full": -8.881784197001252e-16, "corr_portfolio": -0.08346133110711698, "corr_benchmark": 0.6350131261668897, "alpha_pos_frac": 0.45664739884393063, "fund_max_dd": -0.1678801122069168, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sehax": {"sym": "sehax", "name": "SIIT U.S. Equity Factor Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02818014927177541, "alpha_t_5y": 2.2775110622374335, "alpha_t_full": 1.0464897430113995, "r2_5y": 0.9665564390403467, "r2_full": 0.9220142924159225, "corr_portfolio": 0.30231953506887727, "corr_benchmark": 0.6160979462252689, "alpha_pos_frac": 0.425531914893617, "fund_max_dd": -0.3492586443500323, "first": "2018-04-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "seiax": {"sym": "seiax", "name": "SIIT Multi-Asset Real Return Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.035435990088980525, "alpha_t_5y": 3.1751919551670036, "alpha_t_full": 2.1185230216684676, "r2_5y": 0.7773777017443931, "r2_full": 0.7252216131385265, "corr_portfolio": 0.3128935530074972, "corr_benchmark": 0.2406739900426457, "alpha_pos_frac": 0.5144508670520231, "fund_max_dd": -0.21536400628633312, "first": "2011-08-10", "verdict": "weak/unstable alpha", "alpha_name": true}, "seimx": {"sym": "seimx", "name": "STET INTERMEDIATE TERM MUNICIPAL FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004495344604515177, "alpha_t_5y": 0.4442051646889346, "alpha_t_full": 8.206416709573492, "r2_5y": 0.4046364027291729, "r2_full": 7.771561172376096e-16, "corr_portfolio": 0.04405973064368222, "corr_benchmark": 0.32663263392462566, "alpha_pos_frac": 0.5375722543352601, "fund_max_dd": -0.12716247415140003, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "seitx": {"sym": "seitx", "name": "SIT INTERNATIONAL EQUITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01941647764649703, "alpha_t_5y": 0.8052214051840997, "alpha_t_full": 2.1371840225185013, "r2_5y": 0.8611925465577723, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.4288837542768118, "corr_benchmark": 0.47227538947254166, "alpha_pos_frac": 0.5317919075144508, "fund_max_dd": -0.6698421396259855, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sekax": {"sym": "sekax", "name": "DWS Emerging Markets Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.039220621226686285, "alpha_t_5y": -1.0908652249148645, "alpha_t_full": 0.7220156948927172, "r2_5y": 0.8181507370411663, "r2_full": 0.6459388006600679, "corr_portfolio": 0.2695593489825829, "corr_benchmark": 0.4396998155611429, "alpha_pos_frac": 0.5605381165919282, "fund_max_dd": -0.6729679273395023, "first": "2001-08-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "selcx": {"sym": "selcx", "name": "SIMT LARGE CAP GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011427586337357685, "alpha_t_5y": -0.7632852519567954, "alpha_t_full": -1.0660332033048294, "r2_5y": 0.9691753337283107, "r2_full": 0.8978362387628843, "corr_portfolio": 0.18849138746371302, "corr_benchmark": 0.5916173859322118, "alpha_pos_frac": 0.5129310344827587, "fund_max_dd": -0.6793483178225879, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "semcx": {"sym": "semcx", "name": "SIMT MID CAP FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0027186937241462745, "alpha_t_5y": -0.15758553700264447, "alpha_t_full": 3.3879616876821728, "r2_5y": 0.9446023641156249, "r2_full": 0.0, "corr_portfolio": 0.32456600604764446, "corr_benchmark": 0.5482155327426762, "alpha_pos_frac": 0.5964125560538116, "fund_max_dd": -0.6107943666322704, "first": "1993-02-26", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "semvx": {"sym": "semvx", "name": "Hartford Schroders Emerging Markets Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013025847314259329, "alpha_t_5y": -0.4867193199728393, "alpha_t_full": -0.30640370795996913, "r2_5y": 0.8955807520701324, "r2_full": 0.8643985796405302, "corr_portfolio": 0.2925145883835023, "corr_benchmark": 0.45492448806876395, "alpha_pos_frac": 0.4798206278026906, "fund_max_dd": -0.6516824844847663, "first": "2006-04-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sencx": {"sym": "sencx", "name": "Touchstone Large Cap Focused Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013549894226676396, "alpha_t_5y": -0.8368794063037144, "alpha_t_full": 3.975076687843732, "r2_5y": 0.9458177497959606, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.2779910136529435, "corr_benchmark": 0.6010246402270523, "alpha_pos_frac": 0.49416342412451364, "fund_max_dd": -0.5189216515050803, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sequx": {"sym": "sequx", "name": "SEQUOIA FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009908505583831812, "alpha_t_5y": -0.3066582397791132, "alpha_t_full": 4.49565704567186, "r2_5y": 0.8049064535521819, "r2_full": 0.0, "corr_portfolio": 0.261736351513361, "corr_benchmark": 0.5545402637587092, "alpha_pos_frac": 0.5739910313901345, "fund_max_dd": -0.45806087913741567, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "sesvx": {"sym": "sesvx", "name": "SIMT SMALL CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.032460650904273664, "alpha_t_5y": 1.2919861327868791, "alpha_t_full": 0.8346706098303853, "r2_5y": 0.9202656894590417, "r2_full": 0.8960991772699112, "corr_portfolio": 0.3545420642471649, "corr_benchmark": 0.4668359906048155, "alpha_pos_frac": 0.4349775784753363, "fund_max_dd": -0.6179192382860605, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "setax": {"sym": "setax", "name": "SIMT REAL ESTATE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02368958131975872, "alpha_t_5y": 2.1140317039483745, "alpha_t_full": -0.0035375596635215754, "r2_5y": 0.9799265328277035, "r2_full": 0.9680596876876396, "corr_portfolio": 0.23948114174407492, "corr_benchmark": 0.5479606341567896, "alpha_pos_frac": 0.5330739299610895, "fund_max_dd": -0.750582530017067, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sfrex": {"sym": "sfrex", "name": "Schwab Fundamental Global Real Estate Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.022402818684175707, "alpha_t_5y": -0.8329092928298129, "alpha_t_full": -0.9567645096817385, "r2_5y": 0.840951285220923, "r2_full": 0.8847238939862533, "corr_portfolio": 0.3352236988605986, "corr_benchmark": 0.5607923256100893, "alpha_pos_frac": 0.5661764705882353, "fund_max_dd": -0.41977319768955934, "first": "2014-10-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "sgffx": {"sym": "sgffx", "name": "Sparrow Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06181566865427244, "alpha_t_5y": -1.2745082724741263, "alpha_t_full": -0.4324240224099621, "r2_5y": 0.7044008322371422, "r2_full": 0.7509017091697936, "corr_portfolio": 0.13256091003923617, "corr_benchmark": 0.5278545212465834, "alpha_pos_frac": 0.5017182130584192, "fund_max_dd": -0.6209503271343455, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "sggax": {"sym": "sggax", "name": "DWS Large Cap Focus Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04324508708356628, "alpha_t_5y": -2.0173600434049375, "alpha_t_full": -1.585616789700897, "r2_5y": 0.9467408090912138, "r2_full": 0.9228204872859548, "corr_portfolio": 0.1336717075352616, "corr_benchmark": 0.6209051660394521, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.6541001692471631, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sghax": {"sym": "sghax", "name": "DWS Global High Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016847558337764273, "alpha_t_5y": 1.769083709498682, "alpha_t_full": 0.6965392037932705, "r2_5y": 0.854920468872089, "r2_full": 0.748832054349023, "corr_portfolio": 0.32649369270149314, "corr_benchmark": 0.4262495235984756, "alpha_pos_frac": 0.5692307692307692, "fund_max_dd": -0.32148828459353995, "first": "2005-05-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sgidx": {"sym": "sgidx", "name": "Steward Global Equity Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0035734617602481, "alpha_t_5y": 0.15538098068766076, "alpha_t_full": 0.517202309172382, "r2_5y": 0.8679872533970927, "r2_full": 0.9317631742140882, "corr_portfolio": 0.3915294827505413, "corr_benchmark": 0.5804042826275163, "alpha_pos_frac": 0.4744186046511628, "fund_max_dd": -0.5025800762056821, "first": "2008-04-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sginx": {"sym": "sginx", "name": "DWS GNMA Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0018258010446583666, "alpha_t_5y": -0.21059370841182606, "alpha_t_full": 6.4300435518292645, "r2_5y": 0.8896754056135425, "r2_full": 1.1102230246251565e-15, "corr_portfolio": -0.08335630353527378, "corr_benchmark": 0.6375319558394018, "alpha_pos_frac": 0.5384615384615384, "fund_max_dd": -0.173691075062832, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sgmax": {"sym": "sgmax", "name": "SIIT Global Managed Volatility Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.040791345062549826, "alpha_t_5y": 2.4648275786253753, "alpha_t_full": 1.7601159743003258, "r2_5y": 0.8384643452525427, "r2_full": 0.8324628056707588, "corr_portfolio": 0.43515673435682833, "corr_benchmark": 0.5472158076251898, "alpha_pos_frac": 0.45454545454545453, "fund_max_dd": -0.3126983632815715, "first": "2016-02-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "sgoax": {"sym": "sgoax", "name": "SAAT MARKET GROWTH STRATEGY ALLOCATION FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005398240679808884, "alpha_t_5y": -0.4312989177518883, "alpha_t_full": -1.682691769312147, "r2_5y": 0.9528782272592792, "r2_full": 0.9484634842624631, "corr_portfolio": 0.36735511954119016, "corr_benchmark": 0.5729704066794364, "alpha_pos_frac": 0.352059925093633, "fund_max_dd": -0.5790474981209224, "first": "2005-12-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sgovx": {"sym": "sgovx", "name": "First Eagle Overseas Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016935892632514205, "alpha_t_5y": 1.2340326831112887, "alpha_t_full": 5.427519887745804, "r2_5y": 0.9249339454892268, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.37131659810360335, "corr_benchmark": 0.5484847298537936, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.3567757513485754, "first": "1993-09-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sgqax": {"sym": "sgqax", "name": "DWS International Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07176445045582255, "alpha_t_5y": -3.4776180297675996, "alpha_t_full": -0.6177131641982441, "r2_5y": 0.9266308012501394, "r2_full": 0.8850203044690556, "corr_portfolio": 0.2663337154031754, "corr_benchmark": 0.5976862900147283, "alpha_pos_frac": 0.5650224215246636, "fund_max_dd": -0.6277416880542822, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sgvax": {"sym": "sgvax", "name": "Western Asset Mortgage Total Return Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0038432010248348096, "alpha_t_5y": 0.3697019815036992, "alpha_t_full": 5.335419467785382, "r2_5y": 0.8504682316611107, "r2_full": -2.886579864025407e-15, "corr_portfolio": -0.0901440891516294, "corr_benchmark": 0.5682542959329798, "alpha_pos_frac": 0.5897435897435898, "fund_max_dd": -0.19902639285233825, "first": "1992-11-09", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sgyax": {"sym": "sgyax", "name": "SIIT HIGH YIELD BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016702860828673352, "alpha_t_5y": 1.911021913457134, "alpha_t_full": -0.7087444922462058, "r2_5y": 0.8045263785876201, "r2_full": 0.8025740280132225, "corr_portfolio": 0.31694171278908323, "corr_benchmark": 0.40145680817660395, "alpha_pos_frac": 0.5, "fund_max_dd": -0.36448667538894597, "first": "2007-09-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "shgtx": {"sym": "shgtx", "name": "Columbia Seligman Global Technology Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.06627263245914161, "alpha_t_5y": 1.8222177761177385, "alpha_t_full": 4.056506574011264, "r2_5y": 0.898918486551922, "r2_full": 0.0, "corr_portfolio": 0.17537329316549405, "corr_benchmark": 0.5750310677861885, "alpha_pos_frac": 0.450199203187251, "fund_max_dd": -0.7746605055108774, "first": "1994-05-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "shrix": {"sym": "shrix", "name": "Stone Ridge High Yield Reinsurance Risk Premium Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.09307067431754447, "alpha_t_5y": 4.709731685755113, "alpha_t_full": 2.699767499580222, "r2_5y": -2.220446049250313e-16, "r2_full": 7.771561172376096e-16, "corr_portfolio": 0.016399634028212557, "corr_benchmark": 0.02442168922346554, "alpha_pos_frac": NaN, "fund_max_dd": -0.19666066298257434, "first": "2013-02-04", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "shssx": {"sym": "shssx", "name": "BLACKROCK HEALTH SCIENCES OPPORTUNITIES PORTFOLIO", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0016039703108122118, "alpha_t_5y": -0.03927557377478763, "alpha_t_full": 2.648360600417434, "r2_5y": 0.5643132440839471, "r2_full": 0.6413848003483096, "corr_portfolio": 0.2451418425430114, "corr_benchmark": 0.5090234422780319, "alpha_pos_frac": 0.5106382978723404, "fund_max_dd": -0.3748471055849134, "first": "2000-10-17", "verdict": "weak/unstable alpha", "alpha_name": false}, "shtix": {"sym": "shtix", "name": "INVESCO Short Duration Inflation Protected Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016049600026463634, "alpha_t_5y": 2.0542828458402895, "alpha_t_full": 9.646126656416687, "r2_5y": 0.6427011043016546, "r2_full": -4.6629367034256575e-15, "corr_portfolio": 0.01602722882002604, "corr_benchmark": 0.43528677991952797, "alpha_pos_frac": 0.46551724137931033, "fund_max_dd": -0.06722863503184273, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "shyd": {"sym": "shyd", "name": "VanEck Short High Yield Muni ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003749561690218748, "alpha_t_5y": 0.19850730486628096, "alpha_t_full": -0.4500477445956276, "r2_5y": 0.24682831588956833, "r2_full": 0.3148380201492098, "corr_portfolio": 0.13146992836280838, "corr_benchmark": 0.39211902152313366, "alpha_pos_frac": 0.5241379310344828, "fund_max_dd": -0.31218763035796293, "first": "2014-01-15", "verdict": "weak/unstable alpha", "alpha_name": false}, "sibax": {"sym": "sibax", "name": "Sit Balanced Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009252384373562378, "alpha_t_5y": -0.8873957050471799, "alpha_t_full": 0.3705989986955725, "r2_5y": 0.9602258408750499, "r2_full": 0.9324376649540098, "corr_portfolio": 0.20595504782556587, "corr_benchmark": 0.7032581130659004, "alpha_pos_frac": 0.5317919075144508, "fund_max_dd": -0.43619089929283605, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sidcx": {"sym": "sidcx", "name": "SIIT Intermediate Duration Credit Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006240762969567332, "alpha_t_5y": 1.2390508719872269, "alpha_t_full": 1.152864126931777, "r2_5y": 0.9639509382535271, "r2_full": 0.9154700964042504, "corr_portfolio": -0.04716926592943582, "corr_benchmark": 0.7115270265216238, "alpha_pos_frac": 0.5343511450381679, "fund_max_dd": -0.20753324779675086, "first": "2015-04-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sidvx": {"sym": "sidvx", "name": "Hartford Schroders International Multi-Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.040574863018044, "alpha_t_5y": 2.5208601250854312, "alpha_t_full": 0.6656470845278056, "r2_5y": 0.9323740266231927, "r2_full": 0.917586939321668, "corr_portfolio": 0.4478606181489313, "corr_benchmark": 0.5069533968717986, "alpha_pos_frac": 0.5112107623318386, "fund_max_dd": -0.6255064694074307, "first": "2006-09-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "siemx": {"sym": "siemx", "name": "SIT EMERGING MARKETS EQUITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.019613423215800938, "alpha_t_5y": -0.6326914996034602, "alpha_t_full": 2.076204976536777, "r2_5y": 0.8180178070726788, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.32515372380281793, "corr_benchmark": 0.4138071307058858, "alpha_pos_frac": 0.4798206278026906, "fund_max_dd": -0.6521895604214314, "first": "1995-01-18", "verdict": "weak/unstable alpha", "alpha_name": false}, "sifax": {"sym": "sifax", "name": "SIMT MULTI-ASSET INFLATION MANAGED FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02980102793455867, "alpha_t_5y": 2.695956862306355, "alpha_t_full": 1.5744175426039801, "r2_5y": 0.7791830975741248, "r2_full": 0.7191926420446755, "corr_portfolio": 0.3187087270083986, "corr_benchmark": 0.2390740982548418, "alpha_pos_frac": 0.5149700598802395, "fund_max_dd": -0.24742797626420165, "first": "2012-04-10", "verdict": "weak/unstable alpha", "alpha_name": false}, "sigax": {"sym": "sigax", "name": "Western Asset Corporate Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0017424426152703471, "alpha_t_5y": -0.22388717231266664, "alpha_t_full": 4.340742045845624, "r2_5y": 0.9220756445032232, "r2_full": -1.3322676295501878e-15, "corr_portfolio": 0.05656468513916306, "corr_benchmark": 0.7112111195807824, "alpha_pos_frac": 0.45664739884393063, "fund_max_dd": -0.30985299699829283, "first": "1992-11-09", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sihax": {"sym": "sihax", "name": "Guggenheim High Yield Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006722296652160311, "alpha_t_5y": 0.9338443074925127, "alpha_t_full": 6.070338369267632, "r2_5y": 0.8407063996425604, "r2_full": 0.0, "corr_portfolio": 0.30376366375251307, "corr_benchmark": 0.43050732153395166, "alpha_pos_frac": 0.49828178694158076, "fund_max_dd": -0.3672000915099686, "first": "1996-08-06", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "sims": {"sym": "sims", "name": "State Street(R) SPDR(R) S&P Kensho Intelligent Structures ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09079936036228002, "alpha_t_5y": -2.1329911451118977, "alpha_t_full": -1.3446864218323322, "r2_5y": 0.836372995174214, "r2_full": 0.7989873667334322, "corr_portfolio": 0.20143190197643304, "corr_benchmark": 0.565640804302055, "alpha_pos_frac": 0.5612244897959183, "fund_max_dd": -0.43969988872821086, "first": "2017-12-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "sioax": {"sym": "sioax", "name": "SIMT MULTI-ASSET INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014537259779691733, "alpha_t_5y": 1.8693036401798908, "alpha_t_full": 2.2624177895387705, "r2_5y": 0.8242395177988513, "r2_full": 0.7457014660275068, "corr_portfolio": 0.2938126221954463, "corr_benchmark": 0.6592508517591171, "alpha_pos_frac": 0.5269461077844312, "fund_max_dd": -0.221002354954007, "first": "2012-04-10", "verdict": "weak/unstable alpha", "alpha_name": true}, "sisax": {"sym": "sisax", "name": "SAAT TAX-MANAGED AGGRESSIVE STRATEGY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0013327547009734386, "alpha_t_5y": -0.10656625670630157, "alpha_t_full": -0.97113501301064, "r2_5y": 0.9530580459076423, "r2_full": 0.9480584512156965, "corr_portfolio": 0.36808917357934706, "corr_benchmark": 0.5736806206271986, "alpha_pos_frac": 0.5450980392156862, "fund_max_dd": -0.5625924545912557, "first": "2003-11-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sislx": {"sym": "sislx", "name": "Shelton International Select Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009406885085985845, "alpha_t_5y": -0.27063925848643, "alpha_t_full": 0.5740255182834401, "r2_5y": 0.702680701559541, "r2_full": 0.7598349389240905, "corr_portfolio": 0.3563906502442917, "corr_benchmark": 0.4928378172201514, "alpha_pos_frac": 0.5181818181818182, "fund_max_dd": -0.3284819363262077, "first": "2017-01-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "sitex": {"sym": "sitex", "name": "SIT EMERGING MARKETS DEBT FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010803063278229238, "alpha_t_5y": 0.5333867654597558, "alpha_t_full": 3.860651195173153, "r2_5y": 0.5241101324987846, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.2615833697542279, "corr_benchmark": 0.36050442633597257, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.4523364221058086, "first": "1997-06-27", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "siusx": {"sym": "siusx", "name": "Guggenheim Core Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004265367098613013, "alpha_t_5y": 0.8764831555536474, "alpha_t_full": 11.622499517567292, "r2_5y": 0.9596867480274975, "r2_full": -2.886579864025407e-15, "corr_portfolio": -0.1089439163270465, "corr_benchmark": 0.67040323659489, "alpha_pos_frac": 0.5722543352601156, "fund_max_dd": -0.21618616339512142, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sivix": {"sym": "sivix", "name": "State Street Institutional Small-Cap Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011800422259332154, "alpha_t_5y": -0.6196249243058183, "alpha_t_full": 1.1054880543074512, "r2_5y": 0.9500363648014736, "r2_full": 0.901231917604053, "corr_portfolio": 0.28430092024388015, "corr_benchmark": 0.47584840078603974, "alpha_pos_frac": 0.5333333333333333, "fund_max_dd": -0.5651868910185377, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sjnk": {"sym": "sjnk", "name": "State Street(R) SPDR Bloomberg Short Term High Yield Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006704004116533737, "alpha_t_5y": 0.5894079098061572, "alpha_t_full": -0.5069033213131632, "r2_5y": 0.7692406667371309, "r2_full": 0.7196794219900097, "corr_portfolio": 0.2587047113092735, "corr_benchmark": 0.5954107173967865, "alpha_pos_frac": 0.5508982035928144, "fund_max_dd": -0.19739653287678027, "first": "2012-04-10", "verdict": "weak/unstable alpha", "alpha_name": false}, "skirx": {"sym": "skirx", "name": "DWS Enhanced Commodity Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005456328973882724, "alpha_t_5y": -0.2193854783646904, "alpha_t_full": 0.18495467515709588, "r2_5y": 0.8484327244896556, "r2_full": 0.7701949771134741, "corr_portfolio": 0.22790620018233054, "corr_benchmark": 0.1284409098397757, "alpha_pos_frac": 0.4956896551724138, "fund_max_dd": -0.6752435900395654, "first": "2006-10-31", "verdict": "weak/unstable alpha", "alpha_name": false}, "sktax": {"sym": "sktax", "name": "SAAT CORE MARKET STRATEGY ALLOCATION FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0017796385820403559, "alpha_t_5y": -0.14143143667420138, "alpha_t_full": -1.3983846651018481, "r2_5y": 0.9525647939855801, "r2_full": 0.9324224728012285, "corr_portfolio": 0.3679266651230321, "corr_benchmark": 0.5729227015563962, "alpha_pos_frac": 0.5490196078431373, "fund_max_dd": -0.5888170171214142, "first": "2003-11-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "slanx": {"sym": "slanx", "name": "DWS Latin America Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013184546944373592, "alpha_t_5y": 0.18551198452510057, "alpha_t_full": 0.8858822281224015, "r2_5y": 0.4660752920671307, "r2_full": 0.5592764491453548, "corr_portfolio": 0.28544211376499207, "corr_benchmark": 0.3845797400817661, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.7072614029112081, "first": "2001-08-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "slasx": {"sym": "slasx", "name": "SELECTED AMERICAN SHARES", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009214596539921403, "alpha_t_5y": 0.3197627642982426, "alpha_t_full": 3.891349512769294, "r2_5y": 0.8638981433465809, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.32202831188452274, "corr_benchmark": 0.5305838830386695, "alpha_pos_frac": 0.49800796812749004, "fund_max_dd": -0.5843114971131771, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "slcax": {"sym": "slcax", "name": "SIIT LARGE CAP FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005176937024704141, "alpha_t_5y": 0.5891436028748195, "alpha_t_full": -0.6412152615173106, "r2_5y": 0.9824396171664099, "r2_full": 0.9445796053673585, "corr_portfolio": 0.3296386208769951, "corr_benchmark": 0.578615646826996, "alpha_pos_frac": 0.6036036036036037, "fund_max_dd": -0.551692769106434, "first": "2007-09-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sldax": {"sym": "sldax", "name": "SIIT Long Duration Credit Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0010640403849777088, "alpha_t_5y": -0.1373512509689739, "alpha_t_full": -0.6531661792151251, "r2_5y": 0.9763107234657556, "r2_full": 0.8965446723218584, "corr_portfolio": -0.059043176036376, "corr_benchmark": 0.7120451921488067, "alpha_pos_frac": 0.573170731707317, "fund_max_dd": -0.35280107780149883, "first": "2012-07-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sldbx": {"sym": "sldbx", "name": "SIIT Limited Duration Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003861886879724423, "alpha_t_5y": -0.5875316906430302, "alpha_t_full": 4.316695217762467, "r2_5y": 0.6714420770856009, "r2_full": 0.5845369489551919, "corr_portfolio": -0.026996617428932335, "corr_benchmark": 0.40660779694236615, "alpha_pos_frac": 0.48201438848920863, "fund_max_dd": -0.056691724885013506, "first": "2014-08-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "slgax": {"sym": "slgax", "name": "SIMT Large Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0068476207329894855, "alpha_t_5y": -0.7123069955189603, "alpha_t_full": -0.5416241199701342, "r2_5y": 0.9805970104632011, "r2_full": 0.8836114548762178, "corr_portfolio": 0.3123137860479798, "corr_benchmark": 0.55681413610476, "alpha_pos_frac": 0.4873096446700508, "fund_max_dd": -0.3679565697094276, "first": "2009-10-02", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "sngvx": {"sym": "sngvx", "name": "SIT U S GOVERNMENT SECURITIES FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016676185966423576, "alpha_t_5y": 2.364427494172982, "alpha_t_full": 8.865780883560703, "r2_5y": 0.7837992650141582, "r2_full": -1.5543122344752192e-15, "corr_portfolio": -0.11713183173217045, "corr_benchmark": 0.5155697771330827, "alpha_pos_frac": 0.4717948717948718, "fund_max_dd": -0.08879524335166755, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "snidx": {"sym": "snidx", "name": "AB Core Bond Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0015587657665708814, "alpha_t_5y": 0.21993466163798703, "alpha_t_full": 6.3222946571123835, "r2_5y": 0.9128203705032407, "r2_full": -1.1102230246251565e-15, "corr_portfolio": -0.09989990156377518, "corr_benchmark": 0.6679079408397266, "alpha_pos_frac": 0.5333333333333333, "fund_max_dd": -0.1847427513676898, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "spab": {"sym": "spab", "name": "State Street(R) SPDR(R) Portfolio Aggregate Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008775165337568157, "alpha_t_5y": -1.9068203123160998, "alpha_t_full": -0.3133706646028445, "r2_5y": 0.9765235421952405, "r2_full": 0.7238076862794007, "corr_portfolio": -0.08888726589607811, "corr_benchmark": 0.7062221452746815, "alpha_pos_frac": 0.5953757225433526, "fund_max_dd": -0.18555793701641843, "first": "2007-05-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spbo": {"sym": "spbo", "name": "State Street(R) SPDR Portfolio Corporate Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0026385070100163467, "alpha_t_5y": -0.37660085425460554, "alpha_t_full": -0.049446498050782474, "r2_5y": 0.9444481987972297, "r2_full": 0.5161666158116962, "corr_portfolio": -0.017453918791769562, "corr_benchmark": 0.6885131577942624, "alpha_pos_frac": 0.49710982658959535, "fund_max_dd": -0.22039506767691308, "first": "2011-04-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spdax": {"sym": "spdax", "name": "DWS Multi-Asset Conservative Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011801855355483922, "alpha_t_5y": -2.212205306714407, "alpha_t_full": -1.2455951304378785, "r2_5y": 0.9735155269540164, "r2_full": 0.8114240967803583, "corr_portfolio": 0.2846451716501803, "corr_benchmark": 0.7872846005874587, "alpha_pos_frac": 0.6098654708520179, "fund_max_dd": -0.43004166466637084, "first": "2001-01-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spdw": {"sym": "spdw", "name": "State Street(R) SPDR(R) Portfolio Developed World ex-US ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00017528422490324173, "alpha_t_5y": -0.04602209761126445, "alpha_t_full": -1.6889178894491574, "r2_5y": 0.997011767393215, "r2_full": 0.9068939095034814, "corr_portfolio": 0.3666720952997476, "corr_benchmark": 0.5547101706120205, "alpha_pos_frac": 0.4663677130044843, "fund_max_dd": -0.6002180326553332, "first": "2007-04-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "specx": {"sym": "specx", "name": "Alger Spectra Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02873701752040295, "alpha_t_5y": -0.35039100314095806, "alpha_t_full": 0.48148727499643196, "r2_5y": 0.6326038831857101, "r2_full": 0.7607694317249195, "corr_portfolio": 0.10154250257861976, "corr_benchmark": 0.519900179162112, "alpha_pos_frac": 0.5913312693498453, "fund_max_dd": -0.8420370388314375, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "spedx": {"sym": "spedx", "name": "Alger Dynamic Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": -2.0867000181585875, "r2_5y": NaN, "r2_full": 0.656634915737982, "corr_portfolio": 0.1555013257947815, "corr_benchmark": 0.4515214209563395, "alpha_pos_frac": 0.5571428571428572, "fund_max_dd": -0.2152230715317427, "first": "2009-11-06", "verdict": "no 5y window", "alpha_name": false}, "spegx": {"sym": "spegx", "name": "Alger Responsible Investing Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03267895295095615, "alpha_t_5y": -1.4912892301576242, "alpha_t_full": -2.16393297559301, "r2_5y": 0.9420947906891999, "r2_full": 0.8959642780406385, "corr_portfolio": 0.16534361471522863, "corr_benchmark": 0.6169070921880421, "alpha_pos_frac": 0.5, "fund_max_dd": -0.6728879916940299, "first": "2000-12-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spem": {"sym": "spem", "name": "State Street(R) SPDR(R) Portfolio Emerging Markets ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003635605102944315, "alpha_t_5y": 0.592431503983361, "alpha_t_full": -0.1696642093253964, "r2_5y": 0.9930526921575935, "r2_full": 0.9292967827295887, "corr_portfolio": 0.2671702087606569, "corr_benchmark": 0.4713164625605704, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.6440955976281577, "first": "2007-03-26", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "speu": {"sym": "speu", "name": "State Street(R) SPDR(R) Portfolio Europe ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0026234284720041976, "alpha_t_5y": 0.17120943070116046, "alpha_t_full": -0.5733159684659538, "r2_5y": 0.955872934127543, "r2_full": 0.8654473119656706, "corr_portfolio": 0.35389156420011014, "corr_benchmark": 0.5179063666389895, "alpha_pos_frac": 0.47085201793721976, "fund_max_dd": -0.624535155154798, "first": "2002-10-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spfax": {"sym": "spfax", "name": "PGIM JENNISON FOCUSED GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08066730975056526, "alpha_t_5y": -2.4896623333840404, "alpha_t_full": -0.3889530332458385, "r2_5y": 0.9073045815944027, "r2_full": 0.8503540324516804, "corr_portfolio": 0.07841243536706055, "corr_benchmark": 0.5831294902482805, "alpha_pos_frac": 0.511326860841424, "fund_max_dd": -0.618918023926341, "first": "2000-06-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spgbx": {"sym": "spgbx", "name": "Symmetry Panoramic Global Systematic Fixed Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0032718490558446825, "alpha_t_5y": -0.38735219621085737, "alpha_t_full": 0.3045268889516467, "r2_5y": 0.808585026238117, "r2_full": 0.7652539847798656, "corr_portfolio": -0.14366390427942927, "corr_benchmark": 0.6459191015468991, "alpha_pos_frac": 0.5747126436781609, "fund_max_dd": -0.17025727605395313, "first": "2018-11-13", "verdict": "weak/unstable alpha", "alpha_name": false}, "spgex": {"sym": "spgex", "name": "Symmetry Panoramic Global Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00776162172509829, "alpha_t_5y": 0.43297184687245494, "alpha_t_full": 1.174697780341041, "r2_5y": 0.9207427428356743, "r2_full": 0.5897780226710789, "corr_portfolio": 0.2883422078162079, "corr_benchmark": 0.5507913458529868, "alpha_pos_frac": 0.632183908045977, "fund_max_dd": -0.3695271757021328, "first": "2018-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spgm": {"sym": "spgm", "name": "State Street(R) SPDR(R) Portfolio MSCI Global Stock Market ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00024178169468659717, "alpha_t_5y": -0.0319330104434332, "alpha_t_full": -0.05020787554655435, "r2_5y": 0.9873398336117499, "r2_full": 0.7169972289918817, "corr_portfolio": 0.28698717938703766, "corr_benchmark": 0.5432318229197318, "alpha_pos_frac": 0.5, "fund_max_dd": -0.3396738951253594, "first": "2012-03-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spgp": {"sym": "spgp", "name": "Invesco S&P 500 GARP ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013040476859804924, "alpha_t_5y": -0.48385991687579066, "alpha_t_full": -0.2058903521379176, "r2_5y": 0.8784733124401407, "r2_full": 0.7896976648209508, "corr_portfolio": 0.31920069445985383, "corr_benchmark": 0.56262163552692, "alpha_pos_frac": 0.5340909090909091, "fund_max_dd": -0.4208225767219662, "first": "2011-06-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spgsx": {"sym": "spgsx", "name": "State Street Premier Growth Equity V.I.S. 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not alpha-driven", "alpha_name": false}, "sphd": {"sym": "sphd", "name": "Invesco S&P 500 High Dividend Low Volatility ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020013334236912643, "alpha_t_5y": 0.7503653309984901, "alpha_t_full": 1.6297459548226905, "r2_5y": 0.8030816250373679, "r2_full": 0.8580313136878708, "corr_portfolio": 0.4030764787926089, "corr_benchmark": 0.48626547377841384, "alpha_pos_frac": 0.4875, "fund_max_dd": -0.41386653878324575, "first": "2012-10-31", "verdict": "weak/unstable alpha", "alpha_name": false}, "sphq": {"sym": "sphq", "name": "Invesco S&P 500 Quality ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009030496974708022, "alpha_t_5y": 0.4099641938590608, "alpha_t_full": -0.25635857228944, "r2_5y": 0.8998954646430652, "r2_full": 0.8412419165894096, "corr_portfolio": 0.2989056662430717, "corr_benchmark": 0.5929751963390164, "alpha_pos_frac": 0.5919282511210763, "fund_max_dd": -0.5782945183268314, "first": "2005-12-07", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sphy": {"sym": "sphy", "name": "State Street(R) SPDR(R) Portfolio High Yield Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007097976369002419, "alpha_t_5y": -0.5110209415629007, "alpha_t_full": -0.3703629322569994, "r2_5y": 0.7727184709910928, "r2_full": 0.4604804281298386, "corr_portfolio": 0.1697475904406023, "corr_benchmark": 0.5288416057624873, "alpha_pos_frac": 0.47560975609756095, "fund_max_dd": -0.21969347136238093, "first": "2012-06-20", "verdict": "weak/unstable alpha", "alpha_name": false}, "spiax": {"sym": "spiax", "name": "INVESCO S&P 500 INDEX FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0036076472329145833, "alpha_t_5y": -0.6944919032379421, "alpha_t_full": -0.7098730243796899, "r2_5y": 0.9945484116712227, "r2_full": 0.974703417245957, "corr_portfolio": 0.2811324033552422, "corr_benchmark": 0.614014845380336, "alpha_pos_frac": 0.5275080906148867, "fund_max_dd": -0.5547379767424678, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spib": {"sym": "spib", "name": "State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00571210249968369, "alpha_t_5y": 1.1637786917384991, "alpha_t_full": 0.47562020691453577, "r2_5y": 0.9283617626933592, "r2_full": 0.6195925712934713, "corr_portfolio": 0.005872417331564821, "corr_benchmark": 0.6877273324311332, "alpha_pos_frac": 0.42196531791907516, "fund_max_dd": -0.14936516197717886, "first": "2009-02-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spilx": {"sym": "spilx", "name": "Symmetry Panoramic International Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00936584541478266, "alpha_t_5y": 0.4726004726186001, "alpha_t_full": 1.139045344893702, "r2_5y": 0.9011469465607647, "r2_full": 0.5929308734675249, "corr_portfolio": 0.29779517726539106, "corr_benchmark": 0.4860863098815355, "alpha_pos_frac": 0.5517241379310345, "fund_max_dd": -0.3669319148593564, "first": "2018-11-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spinx": {"sym": "spinx", "name": "SIIT S&P 500 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0007172643292104062, "alpha_t_5y": -0.13585439226678814, "alpha_t_full": -0.05095676750133078, "r2_5y": 0.9944047323801959, "r2_full": 0.9505451740994243, "corr_portfolio": 0.28227146598425684, "corr_benchmark": 0.6060957722112987, "alpha_pos_frac": 0.5205479452054794, "fund_max_dd": -0.3381615912609902, "first": "2013-12-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "spip": {"sym": "spip", "name": "State Street(R) SPDR(R) Portfolio TIPS ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0048709277529006886, "alpha_t_5y": 0.32220832572127733, "alpha_t_full": 0.1812102749874382, "r2_5y": 0.6875014838599536, "r2_full": 0.6143734091864357, "corr_portfolio": -0.05338143466673184, "corr_benchmark": 0.616785627284084, "alpha_pos_frac": 0.5288888888888889, "fund_max_dd": -0.15384320672535434, "first": "2007-05-31", "verdict": "weak/unstable alpha", "alpha_name": false}, "splb": {"sym": "splb", "name": "State Street(R) SPDR(R) Portfolio Long Term Corporate Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01766952833932109, "alpha_t_5y": -1.4317825828448587, "alpha_t_full": -1.3774868464251933, "r2_5y": 0.945494847269593, "r2_full": 0.721631357922539, "corr_portfolio": -0.024592984363954094, "corr_benchmark": 0.7850195034216941, "alpha_pos_frac": 0.43352601156069365, "fund_max_dd": -0.34461214366904447, "first": "2009-03-12", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "sshfx": {"sym": "sshfx", "name": "Sound Shore Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013083425976870308, "alpha_t_5y": 0.5166236996552483, "alpha_t_full": 3.6405056992504456, "r2_5y": 0.8746138969379686, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.37518854442834615, "corr_benchmark": 0.5427631973380292, "alpha_pos_frac": 0.48878923766816146, "fund_max_dd": -0.5262426446238028, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ssifx": {"sym": "ssifx", "name": "Saturna International Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01889892482374529, "alpha_t_5y": -0.5938541094052124, "alpha_t_full": 3.007691818831995, "r2_5y": 0.843481332620236, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.21056869713557577, "corr_benchmark": 0.5995337613150674, "alpha_pos_frac": 0.4977578475336323, "fund_max_dd": -0.5624479281017112, "first": "1995-09-29", "verdict": "weak/unstable alpha", "alpha_name": false}, "ssmax": {"sym": "ssmax", "name": "SIIT SMALL MID CAP EQUITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013699272139176311, "alpha_t_5y": -0.8577849649269798, "alpha_t_full": -1.7348365835481498, "r2_5y": 0.9609417817295431, "r2_full": 0.9233551671611582, "corr_portfolio": 0.31147828706163755, "corr_benchmark": 0.5262843223931724, "alpha_pos_frac": 0.6081081081081081, "fund_max_dd": -0.628231017564227, "first": "2007-09-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sspix": {"sym": "sspix", "name": "SIMT S&P 500 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0018104061886455578, "alpha_t_5y": -0.40447978741656776, "alpha_t_full": -0.23873630076138666, "r2_5y": 0.9959617316733521, "r2_full": 0.9583786490363579, "corr_portfolio": 0.28268726919998716, "corr_benchmark": 0.6052421363701266, "alpha_pos_frac": 0.5339805825242718, "fund_max_dd": -0.5565430493206387, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "stbax": {"sym": "stbax", "name": "INVESCO Short Term Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013712535945071855, "alpha_t_5y": -1.8251898904617645, "alpha_t_full": 1.6736458119767297, "r2_5y": 0.593848313021521, "r2_full": 0.35032248124438203, "corr_portfolio": 0.07409511028295458, "corr_benchmark": 0.369882680089354, "alpha_pos_frac": 0.5897435897435898, "fund_max_dd": -0.09450564540684947, "first": "2004-05-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "stdax": {"sym": "stdax", "name": "SAAT DEFENSIVE STRATEGY ALLOCATION FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02420072451412618, "alpha_t_5y": 7.7397807503997775, "alpha_t_full": 0.5131855299956459, "r2_5y": 0.4572067622154794, "r2_full": 0.4485000590932541, "corr_portfolio": 0.2997942396937014, "corr_benchmark": 0.36455296457093567, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.5292226980025216, "first": "2003-11-18", "verdict": "weak/unstable alpha", "alpha_name": false}, "stesx": {"sym": "stesx", "name": "International Strategic Equities Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011401337155341213, "alpha_t_5y": 0.6242830440630632, "alpha_t_full": -0.41792044434761, "r2_5y": 0.9324021429365723, "r2_full": 0.9311689108143243, "corr_portfolio": 0.36473982533080646, "corr_benchmark": 0.5584301971305775, "alpha_pos_frac": 0.45081967213114754, "fund_max_dd": -0.36859764235254533, "first": "2015-12-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sthyx": {"sym": "sthyx", "name": "AB Sustainable Thematic Credit Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.018791525053314825, "alpha_t_5y": -2.420027999027345, "alpha_t_full": -2.420027999027345, "r2_5y": 0.952006775057278, "r2_full": 0.952006775057278, "corr_portfolio": -0.07957782730036313, "corr_benchmark": 0.8109439947762732, "alpha_pos_frac": 0.6724137931034483, "fund_max_dd": -0.24272254624496137, "first": "2021-05-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "stiax": {"sym": "stiax", "name": "Federated Hermes Strategic Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0005753237576961546, "alpha_t_5y": -0.06365827499313467, "alpha_t_full": 7.57948755860699, "r2_5y": 0.8168418303133194, "r2_full": -8.881784197001252e-16, "corr_portfolio": 0.25381585705098425, "corr_benchmark": 0.6302474531575851, "alpha_pos_frac": 0.5230769230769231, "fund_max_dd": -0.22115550758243252, "first": "1994-05-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "stmsx": {"sym": "stmsx", "name": "SIMT TAX-MANAGED SMALL/MID CAP FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004467718457526957, "alpha_t_5y": -0.2647628491319508, "alpha_t_full": -0.623033312106436, "r2_5y": 0.9580559845652521, "r2_full": 0.9325926911426824, "corr_portfolio": 0.3180557327903571, "corr_benchmark": 0.5302914246985766, "alpha_pos_frac": 0.5317919075144508, "fund_max_dd": -0.6077818374490643, "first": "2000-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "stsvx": {"sym": "stsvx", "name": "BNY Mellon Small Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006012182730484868, "alpha_t_5y": -0.2590203891118895, "alpha_t_full": 1.2684497843022136, "r2_5y": 0.9303605673013898, "r2_full": 0.9230349697044702, "corr_portfolio": 0.3313703865662111, "corr_benchmark": 0.4808594821700588, "alpha_pos_frac": 0.47844827586206895, "fund_max_dd": -0.5804729586881874, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "suhax": {"sym": "suhax", "name": "DWS Health and Wellness Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.014564654760336306, "alpha_t_5y": -0.343145089199666, "alpha_t_full": 0.5736801557108737, "r2_5y": 0.5503939059192983, "r2_full": 0.649001359008396, "corr_portfolio": 0.22652269774731623, "corr_benchmark": 0.5012666223702624, "alpha_pos_frac": 0.5234042553191489, "fund_max_dd": -0.41645234070476567, "first": "2001-01-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "suiax": {"sym": "suiax", "name": "DWS CROCI International Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03818064326379695, "alpha_t_5y": 1.7778146106420047, "alpha_t_full": 0.29149109727269384, "r2_5y": 0.8932723598754265, "r2_full": 0.8735455470219917, "corr_portfolio": 0.4209251849996812, "corr_benchmark": 0.4918830820703518, "alpha_pos_frac": 0.47368421052631576, "fund_max_dd": -0.640634373931622, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "supax": {"sym": "supax", "name": "DWS Equity Sector Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0049845196225903774, "alpha_t_5y": -0.5423585648131964, "alpha_t_full": -1.291692077986351, "r2_5y": 0.9795119391399831, "r2_full": 0.9036193583783392, "corr_portfolio": 0.2921579422460209, "corr_benchmark": 0.6380923190743013, "alpha_pos_frac": 0.5219123505976095, "fund_max_dd": -0.4675861419778574, "first": "2001-01-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "susax": {"sym": "susax", "name": "SIIT Ultra Short Duration Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007742222171850335, "alpha_t_5y": 1.3765936769399478, "alpha_t_full": 3.265280059441474, "r2_5y": 0.38367978605913533, "r2_full": 0.2646601178862543, "corr_portfolio": 0.061993289840728334, "corr_benchmark": 0.20024529991524423, "alpha_pos_frac": 0.4277456647398844, "fund_max_dd": -0.042828794357573585, "first": "2011-06-23", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "suvax": {"sym": "suvax", "name": "PGIM QUANT SOLUTIONS LARGE-CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.026828357773574944, "alpha_t_5y": 1.2767384278222496, "alpha_t_full": -0.825187808076319, "r2_5y": 0.9082079744012233, "r2_full": 0.9037255399477937, "corr_portfolio": 0.41165082045003365, "corr_benchmark": 0.483089502078413, "alpha_pos_frac": 0.4618834080717489, "fund_max_dd": -0.6043293776397148, "first": "2001-04-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "suwax": {"sym": "suwax", "name": "DWS Core Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005643653146978301, "alpha_t_5y": -0.5642872784024214, "alpha_t_full": -1.0293214849388699, "r2_5y": 0.9803026070493739, "r2_full": 0.9538731967459898, "corr_portfolio": 0.29197188686979636, "corr_benchmark": 0.6089323844976346, "alpha_pos_frac": 0.4886731391585761, "fund_max_dd": -0.554232167248415, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "svaax": {"sym": "svaax", "name": "Federated Hermes Strategic Value Dividend Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04198285058759409, "alpha_t_5y": 1.6622925991950765, "alpha_t_full": 1.4847739661458834, "r2_5y": 0.7784883597960052, "r2_full": 0.7951667908004061, "corr_portfolio": 0.42668603626810436, "corr_benchmark": 0.5037422952096241, "alpha_pos_frac": 0.4808510638297872, "fund_max_dd": -0.510372946340051, "first": "2005-03-29", "verdict": "weak/unstable alpha", "alpha_name": false}, "svoax": {"sym": "svoax", "name": "SIMT US MANAGED VOLATILITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009533461790044077, "alpha_t_5y": 0.470508989163689, "alpha_t_full": 0.9221323588987997, "r2_5y": 0.8399178858358651, "r2_full": 0.8174034858087845, "corr_portfolio": 0.3898118314406364, "corr_benchmark": 0.5225520921932116, "alpha_pos_frac": 0.5390625, "fund_max_dd": -0.4721887949833474, "first": "2004-11-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "svsax": {"sym": "svsax", "name": "SAAT CONSERVATIVE STRATEGY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01588865412113439, "alpha_t_5y": 2.761271897129269, "alpha_t_full": 0.7534861469457635, "r2_5y": 0.8543613662032554, "r2_full": 0.5884114123289674, "corr_portfolio": 0.3430520842416221, "corr_benchmark": 0.7426609420966029, "alpha_pos_frac": 0.6591928251121076, "fund_max_dd": -0.27314342023018934, "first": "2003-11-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "svspx": {"sym": "svspx", "name": "State Street S&P 500 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0008802392147028313, "alpha_t_5y": -0.1445445713044132, "alpha_t_full": -0.12746629214368943, "r2_5y": 0.9925104533567962, "r2_full": 0.9812324722586022, "corr_portfolio": 0.2853088097503285, "corr_benchmark": 0.6115950907360761, "alpha_pos_frac": 0.43042071197411, "fund_max_dd": -0.5531441030828776, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "svtax": {"sym": "svtax", "name": "SIMT GLOBAL MANAGED VOLATILITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014097918445190845, "alpha_t_5y": 0.7797121240185362, "alpha_t_full": -0.02462874635100956, "r2_5y": 0.8016265563860591, "r2_full": 0.8086666564837827, "corr_portfolio": 0.408274099173005, "corr_benchmark": 0.5459839273827453, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.4467053262715269, "first": "2006-07-31", "verdict": "weak/unstable alpha", "alpha_name": false}, "svyax": {"sym": "svyax", "name": "SIIT U.S. Managed Volatility Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020579840489706184, "alpha_t_5y": 1.0168446441531735, "alpha_t_full": 1.0811939167274223, "r2_5y": 0.8382916810012147, "r2_full": 0.8344445524739372, "corr_portfolio": 0.40285544921308425, "corr_benchmark": 0.5328653877594982, "alpha_pos_frac": 0.5658536585365853, "fund_max_dd": -0.33986027432380417, "first": "2009-01-12", "verdict": "weak/unstable alpha", "alpha_name": false}, "swasx": {"sym": "swasx", "name": "Schwab Global Real Estate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01914023189287084, "alpha_t_5y": -1.0827761421347397, "alpha_t_full": -2.5661266529368065, "r2_5y": 0.9228679476635455, "r2_full": 0.9251742998039402, "corr_portfolio": 0.3269993025732362, "corr_benchmark": 0.5971449700188743, "alpha_pos_frac": 0.5650224215246636, "fund_max_dd": -0.694773819014467, "first": "2007-06-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "swrlx": {"sym": "swrlx", "name": "Touchstone International Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03876108226115115, "alpha_t_5y": 1.814616159722308, "alpha_t_full": 3.1434704031163885, "r2_5y": 0.8877429512892959, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.37510261553513957, "corr_benchmark": 0.5120780658521424, "alpha_pos_frac": 0.40358744394618834, "fund_max_dd": -0.5944175924740822, "first": "1993-03-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sxmax": {"sym": "sxmax", "name": "SAAT MODERATE STRATEGY ALLOCATION FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0118786980026977, "alpha_t_5y": 0.9977662296983482, "alpha_t_full": 0.8967177858784864, "r2_5y": 0.8987664632006542, "r2_full": 0.8240798883801634, "corr_portfolio": 0.40463158712067815, "corr_benchmark": 0.5640955491403198, "alpha_pos_frac": 0.6143497757847534, "fund_max_dd": -0.5255335721711414, "first": "2003-11-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "sxpax": {"sym": "sxpax", "name": "DWS S&P 500 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0039167016979481314, "alpha_t_5y": -1.0155405875893648, "alpha_t_full": -1.2755754866966786, "r2_5y": 0.9970005028583474, "r2_full": 0.9905294370192737, "corr_portfolio": 0.2828495808179668, "corr_benchmark": 0.61639622759402, "alpha_pos_frac": 0.4246031746031746, "fund_max_dd": -0.5562394220985549, "first": "2005-02-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "szcax": {"sym": "szcax", "name": "DWS Small Cap Core Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02952280010982999, "alpha_t_5y": 1.0259831129314807, "alpha_t_full": 0.12097698862660036, "r2_5y": 0.8600214142607125, "r2_full": 0.9205346950644352, "corr_portfolio": 0.31285570819166586, "corr_benchmark": 0.48134626815813114, "alpha_pos_frac": 0.5872340425531914, "fund_max_dd": -0.6333283238018051, "first": "2001-06-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "szeax": {"sym": "szeax", "name": "DWS Emerging Markets Fixed Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0021542630724763036, "alpha_t_5y": -0.10126020406194948, "alpha_t_full": 1.6188677458102654, "r2_5y": 0.39489082491203087, "r2_full": 0.3248153309465407, "corr_portfolio": 0.2707928490772545, "corr_benchmark": 0.3772732940016355, "alpha_pos_frac": 0.6143497757847534, "fund_max_dd": -0.35345940925865793, "first": "2001-11-13", "verdict": "weak/unstable alpha", "alpha_name": false}, "sziax": {"sym": "sziax", "name": "DWS Total Return Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0016945461177960586, "alpha_t_5y": -0.306214913266044, "alpha_t_full": -2.2697510411794366, "r2_5y": 0.9450013619493002, "r2_full": 0.7403247259155552, "corr_portfolio": -0.04056781209155129, "corr_benchmark": 0.7085695750131078, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.2120569026374849, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "szmax": {"sym": "szmax", "name": "DWS Intermediate Tax-Free Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006170114369485656, "alpha_t_5y": 0.6396519258380753, "alpha_t_full": 3.1042260074832124, "r2_5y": 0.4359057680466266, "r2_full": -3.9968028886505635e-15, "corr_portfolio": 0.02402987923937379, "corr_benchmark": 0.35826906746258946, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.1505290092645981, "first": "2001-06-12", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "taclx": {"sym": "taclx", "name": "Touchstone Large Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013099034818381485, "alpha_t_5y": -0.5952412188732562, "alpha_t_full": -0.6349342602873209, "r2_5y": 0.872963405258891, "r2_full": 0.9159522408404469, "corr_portfolio": 0.3243297340692296, "corr_benchmark": 0.5711878487341614, "alpha_pos_frac": 0.5285714285714286, "fund_max_dd": -0.3421231281166708, "first": "2014-07-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "taftx": {"sym": "taftx", "name": "Tax-Exempt Fund of California", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0033529160562558234, "alpha_t_5y": 0.2594376407676425, "alpha_t_full": 7.951625012486747, "r2_5y": 0.3816024960342891, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.028709077056261162, "corr_benchmark": 0.3485239948649605, "alpha_pos_frac": 0.5758754863813229, "fund_max_dd": -0.1882563606550819, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "taiax": {"sym": "taiax", "name": "American Funds Tax-Aware Conservative Growth and Income Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011457074280224255, "alpha_t_5y": 1.4309902820994365, "alpha_t_full": 2.756395168636044, "r2_5y": 0.9340909432666106, "r2_full": 0.9388279772807164, "corr_portfolio": 0.3521310821607113, "corr_benchmark": 0.6537644153384005, "alpha_pos_frac": 0.5818181818181818, "fund_max_dd": -0.21418738477208132, "first": "2012-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "taibx": {"sym": "taibx", "name": "PGIM CORE BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00789739396126005, "alpha_t_5y": 1.0665376565596445, "alpha_t_full": 5.807798475253875, "r2_5y": 0.9136024419160791, "r2_full": -4.440892098500626e-16, "corr_portfolio": -0.0850546256840323, "corr_benchmark": 0.6647333637658718, "alpha_pos_frac": 0.5780346820809249, "fund_max_dd": -0.1958359538753941, "first": "1993-01-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tarkx": {"sym": "tarkx", "name": "Tarkio Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011561637917566082, "alpha_t_5y": 0.21810948177913095, "alpha_t_full": 0.2680992589278859, "r2_5y": 0.7805165420356374, "r2_full": 0.825514251403443, "corr_portfolio": 0.28391285261238003, "corr_benchmark": 0.4971607138872499, "alpha_pos_frac": 0.5227272727272727, "fund_max_dd": -0.40551322110436383, "first": "2011-07-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "tasvx": {"sym": "tasvx", "name": "PGIM QUANT SOLUTIONS SMALL-CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.060442940141835266, "alpha_t_5y": 2.105621250208785, "alpha_t_full": 3.295726126876115, "r2_5y": 0.9052087510529453, "r2_full": 0.0, "corr_portfolio": 0.35819479431526535, "corr_benchmark": 0.4463265887486797, "alpha_pos_frac": 0.4304932735426009, "fund_max_dd": -0.5855753958374172, "first": "1993-01-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tavfx": {"sym": "tavfx", "name": "THIRD AVENUE VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.07835415407801373, "alpha_t_5y": 2.0724260850576557, "alpha_t_full": 3.896456074648719, "r2_5y": 0.7709835948474348, "r2_full": 0.0, "corr_portfolio": 0.44203657808898966, "corr_benchmark": 0.42655043427291794, "alpha_pos_frac": 0.4618834080717489, "fund_max_dd": -0.6142329062540588, "first": "1990-11-01", "verdict": "alpha, but correlated with current portfolio", "alpha_name": false}, "tbdax": {"sym": "tbdax", "name": "PGIM JENNISON DIVERSIFIED GROWTH FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03993723760996457, "alpha_t_5y": -2.0106120989381515, "alpha_t_full": -1.3881348230321855, "r2_5y": 0.956199465651869, "r2_full": 0.9285942157454038, "corr_portfolio": 0.15200958847314588, "corr_benchmark": 0.6085887506915143, "alpha_pos_frac": 0.4785992217898833, "fund_max_dd": -0.6954212929720875, "first": "2000-05-22", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tbhdx": {"sym": "tbhdx", "name": "TWEEDY, BROWNE WORLDWIDE HIGH DIVIDEND YIELD VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008629210485281624, "alpha_t_5y": 0.3476093300112919, "alpha_t_full": -0.11183140875820223, "r2_5y": 0.7709815966063763, "r2_full": 0.7529899854724382, "corr_portfolio": 0.4263484857615368, "corr_benchmark": 0.4460923503000416, "alpha_pos_frac": 0.481981981981982, "fund_max_dd": -0.46030462585587906, "first": "2007-09-06", "verdict": "weak/unstable alpha", "alpha_name": false}, "tbirx": {"sym": "tbirx", "name": "Nuveen Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002234686938476527, "alpha_t_5y": 0.4765583192730879, "alpha_t_full": -1.3479561675083365, "r2_5y": 0.9639552704813055, "r2_full": 0.9238525267264428, "corr_portfolio": -0.11611449689917872, "corr_benchmark": 0.6935240161737364, "alpha_pos_frac": 0.4797687861271676, "fund_max_dd": -0.19329256864633604, "first": "2009-11-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tblpx": {"sym": "tblpx", "name": "T. Rowe Price Retirement Blend 2005 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0002611702051343897, "alpha_t_5y": 0.044055664745590334, "alpha_t_full": 0.044055664745590334, "r2_5y": 0.9672909218557814, "r2_full": 0.9672909218557814, "corr_portfolio": 0.10016570657235478, "corr_benchmark": 0.8244808509511198, "alpha_pos_frac": 0.5636363636363636, "fund_max_dd": -0.18357198274566067, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tblqx": {"sym": "tblqx", "name": "T. Rowe Price Retirement Blend 2010 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0001507422697842093, "alpha_t_5y": -0.025319626929851784, "alpha_t_full": -0.025319626929851784, "r2_5y": 0.9711111324334663, "r2_full": 0.9711111324334663, "corr_portfolio": 0.10585784989135748, "corr_benchmark": 0.813964360570201, "alpha_pos_frac": 0.6181818181818182, "fund_max_dd": -0.1906347175346924, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tblsx": {"sym": "tblsx", "name": "T. Rowe Price Retirement Blend 2015 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0019160595292534925, "alpha_t_5y": 0.31587934890614816, "alpha_t_full": 0.31587934890614816, "r2_5y": 0.9733822414478182, "r2_full": 0.9733822414478182, "corr_portfolio": 0.10430425667502596, "corr_benchmark": 0.8044885393397108, "alpha_pos_frac": 0.5636363636363636, "fund_max_dd": -0.1962191955317103, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tblvx": {"sym": "tblvx", "name": "T. Rowe Price Retirement Blend 2025 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006137579531686816, "alpha_t_5y": -0.8907726774267013, "alpha_t_full": -0.8907726774267013, "r2_5y": 0.974235650200261, "r2_full": 0.974235650200261, "corr_portfolio": 0.10859316746514451, "corr_benchmark": 0.7771371524648036, "alpha_pos_frac": 0.6, "fund_max_dd": -0.21480330665382397, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tblwx": {"sym": "tblwx", "name": "T. Rowe Price Retirement Blend 2030 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005208784679317813, "alpha_t_5y": -0.678682072572642, "alpha_t_full": -0.678682072572642, "r2_5y": 0.9765748206734043, "r2_full": 0.9765748206734043, "corr_portfolio": 0.11335122354226923, "corr_benchmark": 0.7536266596128371, "alpha_pos_frac": 0.6181818181818182, "fund_max_dd": -0.23450918291666478, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tblyx": {"sym": "tblyx", "name": "T. Rowe Price Retirement Blend 2035 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0038847613295948744, "alpha_t_5y": -0.4536513189122251, "alpha_t_full": -0.4536513189122251, "r2_5y": 0.978016182163968, "r2_full": 0.978016182163968, "corr_portfolio": 0.11863649102272891, "corr_benchmark": 0.7285037996125456, "alpha_pos_frac": 0.5636363636363636, "fund_max_dd": -0.24542151360309505, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tcelx": {"sym": "tcelx", "name": "T. Rowe Price China Evolution Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.015700439171119174, "alpha_t_5y": 0.251875838059757, "alpha_t_full": 1.2447555938920758, "r2_5y": 0.6068736618210515, "r2_full": 0.5929567809919061, "corr_portfolio": 0.08615435524847269, "corr_benchmark": 0.3075966333491269, "alpha_pos_frac": 0.5333333333333333, "fund_max_dd": -0.5127023251476607, "first": "2019-12-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "tcpax": {"sym": "tcpax", "name": "Touchstone US Quality Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009222636624727706, "alpha_t_5y": 1.3811079626281761, "alpha_t_full": 0.5036261509350412, "r2_5y": 0.9238739535693552, "r2_full": 0.8335793861474008, "corr_portfolio": -0.14387340994997028, "corr_benchmark": 0.6432737479959961, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.1847196397466846, "first": "2009-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tcsgx": {"sym": "tcsgx", "name": "SDIT SHORT DURATION GOVERNMENT FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.020798542632333217, "alpha_t_5y": -3.445989086226643, "alpha_t_full": 10.406054131725996, "r2_5y": 0.7049449775560218, "r2_full": 3.9968028886505635e-15, "corr_portfolio": -0.10498261954722136, "corr_benchmark": 0.4056145457733893, "alpha_pos_frac": 0.4913294797687861, "fund_max_dd": -0.0663603266285061, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "tebix": {"sym": "tebix", "name": "FRANKLIN MUTUAL BEACON FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0018132508595405186, "alpha_t_5y": 0.0841479490659667, "alpha_t_full": 1.3075054925107756, "r2_5y": 0.880247416762878, "r2_full": 0.8103857231625677, "corr_portfolio": 0.3837118821281761, "corr_benchmark": 0.5141796585952813, "alpha_pos_frac": 0.5515695067264574, "fund_max_dd": -0.5544551722068904, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tedix": {"sym": "tedix", "name": "FRANKLIN MUTUAL GLOBAL DISCOVERY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016084137072211062, "alpha_t_5y": 0.8761692653128392, "alpha_t_full": 4.016552394219311, "r2_5y": 0.9050940589378051, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.4235693500039823, "corr_benchmark": 0.49806567071369573, "alpha_pos_frac": 0.5136186770428015, "fund_max_dd": -0.40206505803602355, "first": "1996-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tedmx": {"sym": "tedmx", "name": "Templeton Emerging Markets Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013178800020459866, "alpha_t_5y": 0.4512436851048521, "alpha_t_full": 2.789132277677757, "r2_5y": 0.887855060313054, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.28043500878377614, "corr_benchmark": 0.462343002249201, "alpha_pos_frac": 0.5112107623318386, "fund_max_dd": -0.6527840677388017, "first": "1991-10-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tedpx": {"sym": "tedpx", "name": "Nuveen Emerging Markets Debt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014707882521741447, "alpha_t_5y": 0.9313818781848877, "alpha_t_full": 1.3576716661011003, "r2_5y": 0.5065117510796538, "r2_full": 0.5740738083432586, "corr_portfolio": 0.2789774978816627, "corr_benchmark": 0.468173994742671, "alpha_pos_frac": 0.6277372262773723, "fund_max_dd": -0.25912914689034616, "first": "2014-09-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "tegax": {"sym": "tegax", "name": "Mid Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05104795124582854, "alpha_t_5y": -1.454363477068035, "alpha_t_full": 3.565308522419672, "r2_5y": 0.8635429386156603, "r2_full": 0.0, "corr_portfolio": 0.19116207790398057, "corr_benchmark": 0.5679976728707351, "alpha_pos_frac": 0.5145631067961165, "fund_max_dd": -0.5328046688063566, "first": "1994-10-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "temfx": {"sym": "temfx", "name": "Templeton Foreign Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002587626024620223, "alpha_t_5y": -0.10140632502530547, "alpha_t_full": 2.707960067722521, "r2_5y": 0.8857208056814743, "r2_full": -6.661338147750939e-16, "corr_portfolio": 0.3990984384394927, "corr_benchmark": 0.4656387248021525, "alpha_pos_frac": 0.4484304932735426, "fund_max_dd": -0.5962477472706134, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "temgx": {"sym": "temgx", "name": "Templeton Global Smaller Companies Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05357052623484461, "alpha_t_5y": -2.4846401574738293, "alpha_t_full": 2.4561399510319255, "r2_5y": 0.9120424047166221, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.33887596024747985, "corr_benchmark": 0.557831882455319, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.6859830409880414, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "temix": {"sym": "temix", "name": "FRANKLIN MUTUAL INTERNATIONAL VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.036629653568790985, "alpha_t_5y": 1.6481296644997292, "alpha_t_full": 3.698800714093387, "r2_5y": 0.877496791939151, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.4002518463070662, "corr_benchmark": 0.387064690867593, "alpha_pos_frac": 0.5175438596491229, "fund_max_dd": -0.43402906584161527, "first": "1996-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "temmx": {"sym": "temmx", "name": "Templeton Emerging Markets Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014878431418381096, "alpha_t_5y": 0.46424482596185634, "alpha_t_full": -0.9422613862542171, "r2_5y": 0.7185795968377187, "r2_full": 0.6379235486020527, "corr_portfolio": 0.30572138870935517, "corr_benchmark": 0.4463637215951019, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.7011370490343567, "first": "2006-10-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "temux": {"sym": "temux", "name": "Emerging Markets Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.017696222507842717, "alpha_t_5y": -0.6513148204568083, "alpha_t_full": 2.068540048641058, "r2_5y": 0.8684811086091857, "r2_full": 0.0, "corr_portfolio": 0.2959677158429232, "corr_benchmark": 0.47271736738487086, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.6808523022868087, "first": "1994-04-21", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "temwx": {"sym": "temwx", "name": "Templeton World Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.039853788830225195, "alpha_t_5y": -1.8039321754569646, "alpha_t_full": 2.931404868108912, "r2_5y": 0.9155087596670696, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.28443345631858785, "corr_benchmark": 0.5246059220038021, "alpha_pos_frac": 0.5112107623318386, "fund_max_dd": -0.552579063475811, "first": "1995-08-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tepax": {"sym": "tepax", "name": "American Funds Tax-Exempt Preservation Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004772946538530253, "alpha_t_5y": -0.5905103162898044, "alpha_t_full": 2.788426038548012, "r2_5y": 0.31407161522995264, "r2_full": 0.26910853322878914, "corr_portfolio": 0.018190050463802218, "corr_benchmark": 0.3295800287658935, "alpha_pos_frac": 0.5393939393939394, "fund_max_dd": -0.07123755794386166, "first": "2012-05-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "teplx": {"sym": "teplx", "name": "Templeton Growth Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03761694587786384, "alpha_t_5y": -2.2713642023393974, "alpha_t_full": 2.973739400259328, "r2_5y": 0.9360683246271666, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.3736562489361961, "corr_benchmark": 0.5285375716948753, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.6254376005049376, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "teqix": {"sym": "teqix", "name": "FRANKLIN MUTUAL QUEST FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006867588664565853, "alpha_t_5y": 0.3769901582594574, "alpha_t_full": 1.9948277202440183, "r2_5y": 0.8522817218968154, "r2_full": 0.6555649901172602, "corr_portfolio": 0.35896953202970655, "corr_benchmark": 0.4498033924686179, "alpha_pos_frac": 0.5657894736842105, "fund_max_dd": -0.5040691271509095, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tesix": {"sym": "tesix", "name": "FRANKLIN MUTUAL SHARES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0026880299218765297, "alpha_t_5y": -0.14161931309174003, "alpha_t_full": 0.8996255794121161, "r2_5y": 0.9058539896023985, "r2_full": 0.8494285564783535, "corr_portfolio": 0.40843876205205004, "corr_benchmark": 0.5200861281928941, "alpha_pos_frac": 0.5176470588235295, "fund_max_dd": -0.537641288963237, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tfcax": {"sym": "tfcax", "name": "SIMT Tax-Free Conservative Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017528266352963718, "alpha_t_5y": 6.67387933446532, "alpha_t_full": 5.228075974626178, "r2_5y": 0.18759486735972708, "r2_full": 0.15351783199077162, "corr_portfolio": 0.04910903071653832, "corr_benchmark": 0.03292002723070588, "alpha_pos_frac": 0.411214953271028, "fund_max_dd": -0.0019997019175110875, "first": "2017-03-21", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "tfoax": {"sym": "tfoax", "name": "Touchstone Focused Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01073503998378958, "alpha_t_5y": -0.6520009420340115, "alpha_t_full": -0.4101333568278998, "r2_5y": 0.9432638972238759, "r2_full": 0.9320216718174084, "corr_portfolio": 0.27267459755885776, "corr_benchmark": 0.5940257405240361, "alpha_pos_frac": 0.4553191489361702, "fund_max_dd": -0.5400289788226308, "first": "2003-10-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tfscx": {"sym": "tfscx", "name": "Foreign Smaller Companies Series", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.052029188680581, "alpha_t_5y": -2.172021970665015, "alpha_t_full": -1.3804867662776747, "r2_5y": 0.858282438375854, "r2_full": 0.6579104363923791, "corr_portfolio": 0.3552470610263158, "corr_benchmark": 0.51263013996154, "alpha_pos_frac": 0.6053811659192825, "fund_max_dd": -0.730853077273471, "first": "2002-10-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tgfrx": {"sym": "tgfrx", "name": "TANAKA Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03448377029777284, "alpha_t_5y": 0.4617191740935512, "alpha_t_full": 0.2059224726838762, "r2_5y": 0.6696157282821655, "r2_full": 0.630398569308291, "corr_portfolio": 0.16079718476127808, "corr_benchmark": 0.5000343087114791, "alpha_pos_frac": 0.4196078431372549, "fund_max_dd": -0.7443439001214138, "first": "1999-03-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "tggbx": {"sym": "tggbx", "name": "TCW Global Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009996857477980707, "alpha_t_5y": -0.7920582747084447, "alpha_t_full": 0.24987392574339454, "r2_5y": 0.7931456575100936, "r2_full": 0.7326749102782459, "corr_portfolio": -0.006292855876287324, "corr_benchmark": 0.5729334003265142, "alpha_pos_frac": 0.4853801169590643, "fund_max_dd": -0.2729214111993973, "first": "2011-12-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "tgpex": {"sym": "tgpex", "name": "T. Rowe Price Global Impact Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06161488955203147, "alpha_t_5y": -2.3999971622198637, "alpha_t_full": -2.3999971622198637, "r2_5y": 0.8951244563691637, "r2_full": 0.8951244563691637, "corr_portfolio": -0.0010356133121334652, "corr_benchmark": 0.6813106663901541, "alpha_pos_frac": 0.4, "fund_max_dd": -0.3511631929430079, "first": "2021-03-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tgrnx": {"sym": "tgrnx", "name": "Nuveen Green Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011226163360007368, "alpha_t_5y": -1.7116859300842213, "alpha_t_full": 1.4212019839659906, "r2_5y": 0.9294392214581652, "r2_full": 0.8872625331826296, "corr_portfolio": -0.05616261698686053, "corr_benchmark": 0.6728401105118296, "alpha_pos_frac": 0.5057471264367817, "fund_max_dd": -0.17406011251972076, "first": "2018-11-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tgtrx": {"sym": "tgtrx", "name": "Templeton Global Bond Enhanced Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004880984156209832, "alpha_t_5y": 0.22899886205154804, "alpha_t_full": -2.2573635794672073, "r2_5y": 0.6856750913205097, "r2_full": 0.3343343275308176, "corr_portfolio": 0.17533529892107785, "corr_benchmark": 0.34562327690055017, "alpha_pos_frac": 0.48717948717948717, "fund_max_dd": -0.33657275894656113, "first": "2008-10-06", "verdict": "weak/unstable alpha", "alpha_name": false}, "tgvfx": {"sym": "tgvfx", "name": "Touchstone Dynamic Large Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02434670041750207, "alpha_t_5y": -1.1469107004173302, "alpha_t_full": -1.0410509256514444, "r2_5y": 0.9455760474761615, "r2_full": 0.9219355778035931, "corr_portfolio": 0.1800202215553992, "corr_benchmark": 0.6128668352246216, "alpha_pos_frac": 0.5486381322957199, "fund_max_dd": -0.6940851744209513, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "thcgx": {"sym": "thcgx", "name": "Thornburg Focus Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.1022469156250678, "alpha_t_5y": -2.4857622425130415, "alpha_t_full": -1.3851435657784934, "r2_5y": 0.8585603948061089, "r2_full": 0.8612902911244721, "corr_portfolio": 0.11814944682682724, "corr_benchmark": 0.5760948734844902, "alpha_pos_frac": 0.5033112582781457, "fund_max_dd": -0.6346979045973737, "first": "2000-12-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "thyax": {"sym": "thyax", "name": "Touchstone High Yield Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0002664919880200939, "alpha_t_5y": -0.02555199056866782, "alpha_t_full": 2.0589628546270267, "r2_5y": 0.7309044354545038, "r2_full": 0.7013536687169637, "corr_portfolio": 0.320674482590304, "corr_benchmark": 0.4360670140715314, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.3148610592143326, "first": "2001-11-13", "verdict": "weak/unstable alpha", "alpha_name": false}, "tiagx": {"sym": "tiagx", "name": "Timothy Plan Small/Mid Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008962976574305451, "alpha_t_5y": 0.22162144275150283, "alpha_t_full": -0.8779720485933102, "r2_5y": 0.8365122161288733, "r2_full": 0.8505834434825282, "corr_portfolio": 0.1800611481886855, "corr_benchmark": 0.5559653010391866, "alpha_pos_frac": 0.41721854304635764, "fund_max_dd": -0.3434110325511702, "first": "2013-08-08", "verdict": "weak/unstable alpha", "alpha_name": false}, "tibdx": {"sym": "tibdx", "name": "Nuveen Core Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004471912105166287, "alpha_t_5y": 0.8640076120153619, "alpha_t_full": 4.578016237271379, "r2_5y": 0.9494040025090948, "r2_full": 0.008045678697047864, "corr_portfolio": -0.04336856780608212, "corr_benchmark": 0.7073725960375853, "alpha_pos_frac": 0.5202312138728323, "fund_max_dd": -0.1838649988113752, "first": "1999-06-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tibfx": {"sym": "tibfx", "name": "Nuveen Core Plus Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0063889893817939206, "alpha_t_5y": 1.1809584090247767, "alpha_t_full": 0.5813104867780265, "r2_5y": 0.9401497119358182, "r2_full": 0.7514847851854729, "corr_portfolio": -0.010280208636048872, "corr_benchmark": 0.7064398600908561, "alpha_pos_frac": 0.4393063583815029, "fund_max_dd": -0.18432690770448923, "first": "2006-04-06", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tibnx": {"sym": "tibnx", "name": "Nuveen International Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0026954570463913765, "alpha_t_5y": 0.3196637301267803, "alpha_t_full": 1.2875592946574443, "r2_5y": 0.632264423451814, "r2_full": 0.5245791349462188, "corr_portfolio": 0.02307543932768409, "corr_benchmark": 0.5531375636513809, "alpha_pos_frac": 0.5565217391304348, "fund_max_dd": -0.16446696667408633, "first": "2016-08-08", "verdict": "weak/unstable alpha", "alpha_name": false}, "ticix": {"sym": "ticix", "name": "Timothy Plan Israel Common Values Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04090601225255373, "alpha_t_5y": 0.5902255525178538, "alpha_t_full": 0.603501543885638, "r2_5y": 0.38159431926390475, "r2_full": 0.4244422076805815, "corr_portfolio": 0.20518213328979942, "corr_benchmark": 0.39885990256637016, "alpha_pos_frac": 0.4966887417218543, "fund_max_dd": -0.43871192379439283, "first": "2013-08-08", "verdict": "weak/unstable alpha", "alpha_name": false}, "tigix": {"sym": "tigix", "name": "Timothy Plan Growth & Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01007661788823042, "alpha_t_5y": -0.6806277851193054, "alpha_t_full": -1.8402456119764774, "r2_5y": 0.8229920702696303, "r2_full": 0.8245644793033258, "corr_portfolio": 0.3667809432258915, "corr_benchmark": 0.6228481314582354, "alpha_pos_frac": 0.47651006711409394, "fund_max_dd": -0.25034714037757, "first": "2013-10-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "tihyx": {"sym": "tihyx", "name": "Nuveen High Yield Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004442524179050119, "alpha_t_5y": 0.5866068372937635, "alpha_t_full": 0.5008805325351756, "r2_5y": 0.8722170469504861, "r2_full": 0.8572566881288612, "corr_portfolio": 0.31299117388435915, "corr_benchmark": 0.44363857147987257, "alpha_pos_frac": 0.5397489539748954, "fund_max_dd": -0.27526287934450333, "first": "2006-04-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tiilx": {"sym": "tiilx", "name": "Nuveen Inflation Linked Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014723487973684245, "alpha_t_5y": 1.5581912291704827, "alpha_t_full": 1.0823186520239028, "r2_5y": 0.7262428537491082, "r2_full": 0.5880071934550006, "corr_portfolio": -0.04128237922594017, "corr_benchmark": 0.5525487601146473, "alpha_pos_frac": 0.5404255319148936, "fund_max_dd": -0.14238606524330766, "first": "2002-10-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "tilcx": {"sym": "tilcx", "name": "T. 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Rowe Price Retirement Blend 2055 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011959486557816923, "alpha_t_5y": -1.2261183720873785, "alpha_t_full": -1.2261183720873785, "r2_5y": 0.9801857447970401, "r2_full": 0.9801857447970401, "corr_portfolio": 0.1323807561826688, "corr_benchmark": 0.6914619990998114, "alpha_pos_frac": 0.6, "fund_max_dd": -0.26675389087565127, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trbpx": {"sym": "trbpx", "name": "T. Rowe Price Retirement Blend 2065 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011412155728524156, "alpha_t_5y": -1.1666627216505825, "alpha_t_full": -1.1666627216505825, "r2_5y": 0.9800370369683451, "r2_full": 0.9800370369683451, "corr_portfolio": 0.13268252999816066, "corr_benchmark": 0.6901183715050525, "alpha_pos_frac": 0.6, "fund_max_dd": -0.26775977188239486, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trbqx": {"sym": "trbqx", "name": "T. Rowe Price Retirement Blend 2045 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009439707355301983, "alpha_t_5y": -0.9771375430982103, "alpha_t_full": -0.9771375430982103, "r2_5y": 0.9797217926336012, "r2_full": 0.9797217926336012, "corr_portfolio": 0.13114396734773132, "corr_benchmark": 0.6964489202017895, "alpha_pos_frac": 0.6, "fund_max_dd": -0.26469965796006767, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trbsx": {"sym": "trbsx", "name": "T. Rowe Price Retirement Blend 2050 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011900964429349917, "alpha_t_5y": -1.2068036194297929, "alpha_t_full": -1.2068036194297929, "r2_5y": 0.9795956021279856, "r2_full": 0.9795956021279856, "corr_portfolio": 0.1308819039755111, "corr_benchmark": 0.6908790211206896, "alpha_pos_frac": 0.6, "fund_max_dd": -0.2664408230433456, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trbux": {"sym": "trbux", "name": "T. Rowe Price Ultra Short-Term Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008759353654629237, "alpha_t_5y": 1.2536584465123017, "alpha_t_full": 3.2842921857140275, "r2_5y": 0.1942000045631651, "r2_full": 0.2109558131503706, "corr_portfolio": 0.07427905760334669, "corr_benchmark": 0.1297093729891529, "alpha_pos_frac": 0.48322147651006714, "fund_max_dd": -0.041502532323576036, "first": "2013-10-04", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "trdfx": {"sym": "trdfx", "name": "Steward Values Enhanced Small-Mid Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0027497568940628185, "alpha_t_5y": 0.0680750473827925, "alpha_t_full": -1.2987386089738324, "r2_5y": 0.809925943304264, "r2_full": 0.8796343663862414, "corr_portfolio": 0.28837206601486226, "corr_benchmark": 0.5080527914849432, "alpha_pos_frac": 0.5330739299610895, "fund_max_dd": -0.6159716192207023, "first": "2000-05-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "tremx": {"sym": "tremx", "name": "T. Rowe Price Emerging Europe Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03961447685595291, "alpha_t_5y": -0.28925484943092483, "alpha_t_full": -0.3336394777830352, "r2_5y": 0.27198853657603195, "r2_full": 0.32667089469639554, "corr_portfolio": 0.2362461861483492, "corr_benchmark": 0.30054435504995547, "alpha_pos_frac": 0.6723404255319149, "fund_max_dd": -0.9214788812603731, "first": "2000-10-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "trffx": {"sym": "trffx", "name": "T. Rowe Price Target 2055 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013921093672756424, "alpha_t_5y": -1.2550234278440533, "alpha_t_full": 0.32560149455895343, "r2_5y": 0.9687128980680751, "r2_full": 0.9065529900159964, "corr_portfolio": 0.2981205764796205, "corr_benchmark": 0.596843954403721, "alpha_pos_frac": 0.49333333333333335, "fund_max_dd": -0.3186205982611737, "first": "2013-08-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trfox": {"sym": "trfox", "name": "T. Rowe Price Target 2050 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01026668355218297, "alpha_t_5y": -0.9594127679495172, "alpha_t_full": 0.32897207079874413, "r2_5y": 0.9688161724909243, "r2_full": 0.9053502197244703, "corr_portfolio": 0.2964354168647663, "corr_benchmark": 0.6035326497293934, "alpha_pos_frac": 0.4866666666666667, "fund_max_dd": -0.3092287583317923, "first": "2013-08-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trgrx": {"sym": "trgrx", "name": "T. Rowe Price Global Real Estate Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.029011289359265325, "alpha_t_5y": -1.8113436986791285, "alpha_t_full": -2.021668840175893, "r2_5y": 0.942678312657112, "r2_full": 0.9262552104213897, "corr_portfolio": 0.3017466432737209, "corr_benchmark": 0.5859666293413365, "alpha_pos_frac": 0.5384615384615384, "fund_max_dd": -0.4466112184597826, "first": "2008-10-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trhrx": {"sym": "trhrx", "name": "T. Rowe Price Target 2040 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007532397454080434, "alpha_t_5y": -0.8233169367423578, "alpha_t_full": 0.9384294633981347, "r2_5y": 0.9679178745026998, "r2_full": 0.9099612100496738, "corr_portfolio": 0.29687643803098435, "corr_benchmark": 0.6203384576671678, "alpha_pos_frac": 0.5133333333333333, "fund_max_dd": -0.28530464649762055, "first": "2013-08-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trhyx": {"sym": "trhyx", "name": "T. Rowe Price Institutional High Yield Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006405729034093752, "alpha_t_5y": 0.777177236068487, "alpha_t_full": 3.3729580170187567, "r2_5y": 0.849232027075457, "r2_full": 0.7707296147225715, "corr_portfolio": 0.2935555395326901, "corr_benchmark": 0.3729841132823971, "alpha_pos_frac": 0.5664739884393064, "fund_max_dd": -0.2730604222583841, "first": "2002-06-06", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "trigx": {"sym": "trigx", "name": "T. Rowe Price International Value Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.05272058027483133, "alpha_t_5y": 3.328411572025639, "alpha_t_full": 1.8157198763057274, "r2_5y": 0.9427352283734781, "r2_full": 0.924737735241814, "corr_portfolio": 0.4368738108493859, "corr_benchmark": 0.5006283416085692, "alpha_pos_frac": 0.512396694214876, "fund_max_dd": -0.6228372700498777, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trlax": {"sym": "trlax", "name": "T. Rowe Price Retirement Income 2020 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005230481137787123, "alpha_t_5y": -0.7182843293542832, "alpha_t_full": -0.06532677661208176, "r2_5y": 0.9595985942813768, "r2_full": 0.8958890132426305, "corr_portfolio": 0.2584422867756668, "corr_benchmark": 0.6891757502935738, "alpha_pos_frac": 0.5619047619047619, "fund_max_dd": -0.23824468596925807, "first": "2017-06-07", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trlgx": {"sym": "trlgx", "name": "T. Rowe Price Large-Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03713980841438841, "alpha_t_5y": -1.5363694652924191, "alpha_t_full": 0.07824429034742189, "r2_5y": 0.9321187682287765, "r2_full": 0.9306853989540017, "corr_portfolio": 0.14241515613408276, "corr_benchmark": 0.6056939230230594, "alpha_pos_frac": 0.5426008968609866, "fund_max_dd": -0.5556106299233603, "first": "2001-11-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trlvx": {"sym": "trlvx", "name": "SIMT CORE FIXED INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00522945770463527, "alpha_t_5y": -1.1636040945264872, "alpha_t_full": 6.336874381815047, "r2_5y": 0.9703424982357559, "r2_full": -6.661338147750939e-16, "corr_portfolio": -0.07571077731760581, "corr_benchmark": 0.7174791376242576, "alpha_pos_frac": 0.43352601156069365, "fund_max_dd": -0.2051291296142419, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trmcx": {"sym": "trmcx", "name": "T. Rowe Price Mid-Cap Value Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.035266695111448476, "alpha_t_5y": 1.3838789059550358, "alpha_t_full": 3.3074310146279795, "r2_5y": 0.87723821878353, "r2_full": 0.9070048710440238, "corr_portfolio": 0.3748937184824466, "corr_benchmark": 0.5328352832188834, "alpha_pos_frac": 0.4605263157894737, "fund_max_dd": -0.5527600007517954, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trmvx": {"sym": "trmvx", "name": "SIMT LARGE CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.023920842373399444, "alpha_t_5y": 1.364194432289992, "alpha_t_full": 3.206766723093051, "r2_5y": 0.9228158517763114, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.4179553578657548, "corr_benchmark": 0.4958292132608764, "alpha_pos_frac": 0.5063829787234042, "fund_max_dd": -0.6035437878459973, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trosx": {"sym": "trosx", "name": "T. Rowe Price Overseas Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0010623727397914445, "alpha_t_5y": -0.09015703884241828, "alpha_t_full": -0.5925719496960928, "r2_5y": 0.9691984453097194, "r2_full": 0.9612437015021177, "corr_portfolio": 0.39011073874025265, "corr_benchmark": 0.539462923742001, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.6111402752503642, "first": "2007-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trpbx": {"sym": "trpbx", "name": "T. Rowe Price Spectrum Moderate Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00344334456146991, "alpha_t_5y": -0.43813047273725875, "alpha_t_full": 4.48052039437517, "r2_5y": 0.9642600779897569, "r2_full": 5.551115123125783e-16, "corr_portfolio": 0.30385994820148754, "corr_benchmark": 0.6521074357638844, "alpha_pos_frac": 0.5028901734104047, "fund_max_dd": -0.4164005501885859, "first": "1994-08-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrax": {"sym": "trrax", "name": "T. Rowe Price Retirement 2010 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0031353732516558614, "alpha_t_5y": 0.5079741575060417, "alpha_t_full": 1.2442544376734421, "r2_5y": 0.9630061435042842, "r2_full": 0.8809392170918507, "corr_portfolio": 0.2794188545031089, "corr_benchmark": 0.6653124654412251, "alpha_pos_frac": 0.4797687861271676, "fund_max_dd": -0.38811080108942575, "first": "2002-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrbx": {"sym": "trrbx", "name": "T. Rowe Price Retirement 2020 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0011337241319269097, "alpha_t_5y": -0.1739746620620052, "alpha_t_full": 1.116290604623269, "r2_5y": 0.9669916504930995, "r2_full": 0.8953025109135376, "corr_portfolio": 0.2987242249086373, "corr_benchmark": 0.6078040258946251, "alpha_pos_frac": 0.5605381165919282, "fund_max_dd": -0.4704105646231611, "first": "2002-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrcx": {"sym": "trrcx", "name": "T. Rowe Price Retirement 2030 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006937856125564424, "alpha_t_5y": -0.8177642491465346, "alpha_t_full": 0.7818011279280109, "r2_5y": 0.966145740139196, "r2_full": 0.9227280854179392, "corr_portfolio": 0.298281333930085, "corr_benchmark": 0.6116897426441269, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.5227635722973087, "first": "2002-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrdx": {"sym": "trrdx", "name": "T. Rowe Price Retirement 2040 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0071589872780303725, "alpha_t_5y": -0.6929518617070277, "alpha_t_full": 0.28447927129022965, "r2_5y": 0.9687968710551811, "r2_full": 0.9275111768291024, "corr_portfolio": 0.2973140641234486, "corr_benchmark": 0.5713062117907163, "alpha_pos_frac": 0.5202312138728323, "fund_max_dd": -0.5350214865231903, "first": "2002-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrex": {"sym": "trrex", "name": "T. Rowe Price Real Estate Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0071647154182597666, "alpha_t_5y": 0.5370450456211956, "alpha_t_full": -0.3539428543982906, "r2_5y": 0.9708868111334393, "r2_full": 0.9745445900414854, "corr_portfolio": 0.2515211343367717, "corr_benchmark": 0.5431697331007489, "alpha_pos_frac": 0.5433526011560693, "fund_max_dd": -0.7488544903907176, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrfx": {"sym": "trrfx", "name": "T. Rowe Price Retirement 2005 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0002817318886143186, "alpha_t_5y": -0.046753381386153814, "alpha_t_full": 0.9401621746905857, "r2_5y": 0.9596831805595085, "r2_full": 0.8795989596336702, "corr_portfolio": 0.28139335643396185, "corr_benchmark": 0.6818919935288905, "alpha_pos_frac": 0.547085201793722, "fund_max_dd": -0.3328666765098459, "first": "2004-03-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrgx": {"sym": "trrgx", "name": "T. Rowe Price Retirement 2015 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003499380312089762, "alpha_t_5y": 0.5390199429195418, "alpha_t_full": 0.822086996164251, "r2_5y": 0.9633154375345114, "r2_full": 0.8989373843710086, "corr_portfolio": 0.29613026405873155, "corr_benchmark": 0.6421584279318412, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.43172748938898153, "first": "2004-03-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrhx": {"sym": "trrhx", "name": "T. Rowe Price Retirement 2025 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003789870037435742, "alpha_t_5y": -0.5092478661677982, "alpha_t_full": 0.6585245313423999, "r2_5y": 0.9647639544681297, "r2_full": 0.9101848743280521, "corr_portfolio": 0.3026529138056301, "corr_benchmark": 0.5993653227448795, "alpha_pos_frac": 0.5515695067264574, "fund_max_dd": -0.5004081796561142, "first": "2004-03-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrix": {"sym": "trrix", "name": "T. Rowe Price Retirement Balanced Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.001898523579818551, "alpha_t_5y": 0.25409620787466175, "alpha_t_full": 0.5563980279406479, "r2_5y": 0.9348827609996642, "r2_full": 0.9105314145846636, "corr_portfolio": 0.29097661056927476, "corr_benchmark": 0.686648648646273, "alpha_pos_frac": 0.49710982658959535, "fund_max_dd": -0.2778294900136292, "first": "2002-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrjx": {"sym": "trrjx", "name": "T. Rowe Price Retirement 2035 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006503864751356544, "alpha_t_5y": -0.6809236447622473, "alpha_t_full": 0.33475921967760874, "r2_5y": 0.9675044643236814, "r2_full": 0.9348782736260168, "corr_portfolio": 0.299599963722003, "corr_benchmark": 0.6101010975450186, "alpha_pos_frac": 0.5086705202312138, "fund_max_dd": -0.5356859988759048, "first": "2004-03-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrkx": {"sym": "trrkx", "name": "T. Rowe Price Retirement 2045 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008128961956953345, "alpha_t_5y": -0.7459782577827264, "alpha_t_full": 0.1463617380931346, "r2_5y": 0.9691368223137136, "r2_full": 0.9343750538110263, "corr_portfolio": 0.2983804012237256, "corr_benchmark": 0.5711957232581181, "alpha_pos_frac": 0.5144508670520231, "fund_max_dd": -0.5354175200651627, "first": "2005-06-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrlx": {"sym": "trrlx", "name": "T. Rowe Price Retirement 2060 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012381554935083947, "alpha_t_5y": -1.1043078325302271, "alpha_t_full": 0.35828196399126566, "r2_5y": 0.9688170939591075, "r2_full": 0.9209962528343635, "corr_portfolio": 0.2967686034330136, "corr_benchmark": 0.5723250432274474, "alpha_pos_frac": 0.4928571428571429, "fund_max_dd": -0.32520951718812996, "first": "2014-06-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrmx": {"sym": "trrmx", "name": "T. Rowe Price Retirement 2050 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01228290289286564, "alpha_t_5y": -1.110946979501089, "alpha_t_full": 0.8454919543614511, "r2_5y": 0.969398802467741, "r2_full": 0.9357036757739686, "corr_portfolio": 0.29816081980592246, "corr_benchmark": 0.5705376126570693, "alpha_pos_frac": 0.547085201793722, "fund_max_dd": -0.5358517145063242, "first": "2007-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrnx": {"sym": "trrnx", "name": "T. Rowe Price Retirement 2055 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012559792828289526, "alpha_t_5y": -1.1295635844563545, "alpha_t_full": 0.8287595937440662, "r2_5y": 0.9693823661864609, "r2_full": 0.9362762165854834, "corr_portfolio": 0.2978277265690301, "corr_benchmark": 0.5711043901734617, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.5359178444695402, "first": "2007-01-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrox": {"sym": "trrox", "name": "T. Rowe Price Target 2010 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0028166444492443445, "alpha_t_5y": 0.4883824726517198, "alpha_t_full": 0.5896101006632796, "r2_5y": 0.951535141998364, "r2_full": 0.8770517200740651, "corr_portfolio": 0.2852016210940783, "corr_benchmark": 0.719234837672153, "alpha_pos_frac": 0.52, "fund_max_dd": -0.18106322287007803, "first": "2013-08-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrtx": {"sym": "trrtx", "name": "T. Rowe Price Target 2015 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.002526820179480905, "alpha_t_5y": 0.43330218057969183, "alpha_t_full": 0.9820606698500749, "r2_5y": 0.954293346220387, "r2_full": 0.8749903430572599, "corr_portfolio": 0.2926118900129521, "corr_benchmark": 0.7042287993584035, "alpha_pos_frac": 0.5266666666666666, "fund_max_dd": -0.18648199521672404, "first": "2013-08-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrux": {"sym": "trrux", "name": "T. Rowe Price Target 2020 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0020193727158030125, "alpha_t_5y": 0.32943462906874266, "alpha_t_full": 0.8001564873535312, "r2_5y": 0.954782096722863, "r2_full": 0.884079003759827, "corr_portfolio": 0.29756024184792296, "corr_benchmark": 0.6774556762627556, "alpha_pos_frac": 0.52, "fund_max_dd": -0.20190030115654423, "first": "2013-08-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trrwx": {"sym": "trrwx", "name": "T. Rowe Price Target 2030 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0034054587678383707, "alpha_t_5y": -0.4749653538174685, "alpha_t_full": 0.4746169606871384, "r2_5y": 0.9647525348370692, "r2_full": 0.8999246298182431, "corr_portfolio": 0.29968086851194886, "corr_benchmark": 0.6408545310070322, "alpha_pos_frac": 0.52, "fund_max_dd": -0.24625757817661187, "first": "2013-08-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trsgx": {"sym": "trsgx", "name": "T. Rowe Price Spectrum Moderate Growth Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012300918738520702, "alpha_t_5y": -1.2412736378606595, "alpha_t_full": 1.1397914213080746, "r2_5y": 0.9662132762135492, "r2_full": 0.921791775579397, "corr_portfolio": 0.3060216917010713, "corr_benchmark": 0.6175436073692715, "alpha_pos_frac": 0.5202312138728323, "fund_max_dd": -0.5183913048532682, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trssx": {"sym": "trssx", "name": "T. Rowe Price Institutional Small-Cap Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.020154217294401536, "alpha_t_5y": -1.0963659652915194, "alpha_t_full": 2.172773807495157, "r2_5y": 0.9517494090236068, "r2_full": 0.9501619110552969, "corr_portfolio": 0.24667288833176768, "corr_benchmark": 0.5654874312204761, "alpha_pos_frac": 0.515695067264574, "fund_max_dd": -0.5637954249716823, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trszx": {"sym": "trszx", "name": "T. Rowe Price Mid-Cap Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03376308292947017, "alpha_t_5y": -1.2501480883554663, "alpha_t_full": -0.5752169889092271, "r2_5y": 0.9176701505540836, "r2_full": 0.9099379835679573, "corr_portfolio": 0.04665805054534509, "corr_benchmark": 0.6419122161243292, "alpha_pos_frac": 0.4782608695652174, "fund_max_dd": -0.37236442610077347, "first": "2020-05-18", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trtfx": {"sym": "trtfx", "name": "T. Rowe Price Target 2060 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.013066807829525122, "alpha_t_5y": -1.164602570498844, "alpha_t_full": 0.48541516830047415, "r2_5y": 0.968846539733517, "r2_full": 0.9078003916606758, "corr_portfolio": 0.29583272422335183, "corr_benchmark": 0.5978221267538361, "alpha_pos_frac": 0.5285714285714286, "fund_max_dd": -0.3258964762824349, "first": "2014-06-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trulx": {"sym": "trulx", "name": "T. Rowe Price U.S. Large-Cap Core Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003332001211170131, "alpha_t_5y": -0.266754156644365, "alpha_t_full": 0.20061136917333225, "r2_5y": 0.9638382090517676, "r2_full": 0.9737749058565769, "corr_portfolio": 0.2862033297916868, "corr_benchmark": 0.612235786722797, "alpha_pos_frac": 0.48, "fund_max_dd": -0.33677103176147216, "first": "2009-06-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trvlx": {"sym": "trvlx", "name": "T. Rowe Price Value Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020406853531374496, "alpha_t_5y": 1.0672640523682002, "alpha_t_full": 1.3155812713646973, "r2_5y": 0.8947591114541176, "r2_full": 0.9245212049041056, "corr_portfolio": 0.37788207395631823, "corr_benchmark": 0.5409339904373314, "alpha_pos_frac": 0.4793388429752066, "fund_max_dd": -0.602219262833283, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "trzix": {"sym": "trzix", "name": "T. Rowe Price Small-Cap Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0024425270914342112, "alpha_t_5y": 0.3261218166405895, "alpha_t_full": 0.35708335296757704, "r2_5y": 0.9937932502080089, "r2_full": 0.9943030721458797, "corr_portfolio": 0.14804798480358977, "corr_benchmark": 0.5677063820099201, "alpha_pos_frac": 0.4782608695652174, "fund_max_dd": -0.318947233795982, "first": "2020-05-18", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tsbax": {"sym": "tsbax", "name": "T. Rowe Price Retirement Blend 2020 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0027408521604786397, "alpha_t_5y": -0.43407841123629654, "alpha_t_full": -0.43407841123629654, "r2_5y": 0.9738108082764417, "r2_full": 0.9738108082764417, "corr_portfolio": 0.10754332722181416, "corr_benchmark": 0.7945064432509238, "alpha_pos_frac": 0.6, "fund_max_dd": -0.20084952893327235, "first": "2021-07-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tsbpx": {"sym": "tsbpx", "name": "Nuveen Core Impact Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004189138634042899, "alpha_t_5y": 0.7956999102041924, "alpha_t_full": 1.6256369511547524, "r2_5y": 0.9510183833437238, "r2_full": 0.919804133436643, "corr_portfolio": -0.08436424084916484, "corr_benchmark": 0.686817447574109, "alpha_pos_frac": 0.5714285714285714, "fund_max_dd": -0.1896542336929249, "first": "2012-09-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tsdjx": {"sym": "tsdjx", "name": "Nuveen Short Duration Impact Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00038226257638055696, "alpha_t_5y": 0.06093274869022963, "alpha_t_full": 4.380587909422949, "r2_5y": 0.670314976907837, "r2_full": 0.6224247946698194, "corr_portfolio": -0.029857852392141365, "corr_benchmark": 0.4325640268952362, "alpha_pos_frac": 0.5402298850574713, "fund_max_dd": -0.06310683448911014, "first": "2018-11-19", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "tsdlx": {"sym": "tsdlx", "name": "T. Rowe Price Short Duration Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005898715519508907, "alpha_t_5y": -0.8871650894556139, "alpha_t_full": -0.8604160444557385, "r2_5y": 0.6456356868901935, "r2_full": 0.6443856439797613, "corr_portfolio": -0.06587200268851977, "corr_benchmark": 0.44889381583949167, "alpha_pos_frac": 0.5555555555555556, "fund_max_dd": -0.07281521855435902, "first": "2020-12-09", "verdict": "weak/unstable alpha", "alpha_name": false}, "tsdox": {"sym": "tsdox", "name": "TOUCHSTONE ULTRA SHORT DURATION FIXED INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013023383655819586, "alpha_t_5y": 2.2090499137296837, "alpha_t_full": 11.523850651792879, "r2_5y": 0.23291869312504287, "r2_full": 4.3298697960381105e-15, "corr_portfolio": 0.07503269551980664, "corr_benchmark": 0.13330816115372185, "alpha_pos_frac": 0.34497816593886466, "fund_max_dd": -0.05268803943796485, "first": "1994-03-01", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "tsemx": {"sym": "tsemx", "name": "Touchstone Sands Capital Emerging Markets Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06577671873026811, "alpha_t_5y": -1.7021287764149964, "alpha_t_full": -1.143769360841032, "r2_5y": 0.8248218167881661, "r2_full": 0.7939789164376413, "corr_portfolio": 0.16226871654529576, "corr_benchmark": 0.4858989293789298, "alpha_pos_frac": 0.5070422535211268, "fund_max_dd": -0.5287111163736016, "first": "2014-05-14", "verdict": "weak/unstable alpha", "alpha_name": false}, "tsfax": {"sym": "tsfax", "name": "Touchstone Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01442260448327313, "alpha_t_5y": 0.47959345574122386, "alpha_t_full": 0.13393838393949645, "r2_5y": 0.8539460643522051, "r2_full": 0.8964813182138143, "corr_portfolio": 0.31340281120611374, "corr_benchmark": 0.5109798511811051, "alpha_pos_frac": 0.5025380710659898, "fund_max_dd": -0.3898163197734611, "first": "2009-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ttifx": {"sym": "ttifx", "name": "Goldman Sachs Tactical Tilt Overlay Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02903411802361076, "alpha_t_5y": 3.1476991715959524, "alpha_t_full": -0.22857240079153354, "r2_5y": 0.6272586156893043, "r2_full": 0.5409746358824927, "corr_portfolio": 0.29977539755958466, "corr_benchmark": 0.3947180583359356, "alpha_pos_frac": 0.4892086330935252, "fund_max_dd": -0.20775620755882096, "first": "2014-08-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "tuhyx": {"sym": "tuhyx", "name": "T. Rowe Price U.S. High Yield Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0030968864171158827, "alpha_t_5y": -0.3179414327483102, "alpha_t_full": 0.920239205723206, "r2_5y": 0.7766756189481296, "r2_full": 0.7385916417837299, "corr_portfolio": 0.28052164153029346, "corr_benchmark": 0.2966262182403779, "alpha_pos_frac": 0.5904761904761905, "fund_max_dd": -0.2237925464690994, "first": "2017-06-07", "verdict": "weak/unstable alpha", "alpha_name": false}, "tunix": {"sym": "tunix", "name": "Transamerica Strategic Income", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01573959383383022, "alpha_t_5y": 0.991881849224114, "alpha_t_full": 1.396938735579913, "r2_5y": 0.29773276889985933, "r2_full": 0.45157782307149297, "corr_portfolio": 0.2137960698600892, "corr_benchmark": 0.3599568807885904, "alpha_pos_frac": 0.44776119402985076, "fund_max_dd": -0.14303688860462338, "first": "2015-01-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "tvafx": {"sym": "tvafx", "name": "Thornburg American Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.057305002198473155, "alpha_t_5y": -1.9804676095646334, "alpha_t_full": -1.2700053789325763, "r2_5y": 0.8949261569576638, "r2_full": 0.8936805313270733, "corr_portfolio": 0.2961239204013723, "corr_benchmark": 0.5734804102644422, "alpha_pos_frac": 0.4649122807017544, "fund_max_dd": -0.5940537521171083, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tvlax": {"sym": "tvlax", "name": "Touchstone Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0036497201183353614, "alpha_t_5y": 0.1727993268779952, "alpha_t_full": -1.7536734681776824, "r2_5y": 0.9034839416907665, "r2_full": 0.7231210485643271, "corr_portfolio": 0.4048592277493252, "corr_benchmark": 0.5150992158466197, "alpha_pos_frac": 0.5829596412556054, "fund_max_dd": -0.7928720723552083, "first": "2003-08-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tvoax": {"sym": "tvoax", "name": "TOUCHSTONE SMALL CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03084946774052984, "alpha_t_5y": 1.2300502192356635, "alpha_t_full": 0.3667836064047043, "r2_5y": 0.9069953168920838, "r2_full": 0.8991315891348134, "corr_portfolio": 0.3349254412114544, "corr_benchmark": 0.476500980023629, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.6167304459079515, "first": "2002-03-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "twbix": {"sym": "twbix", "name": "BALANCED FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02066769253031223, "alpha_t_5y": -3.007024404964359, "alpha_t_full": 4.297228332268535, "r2_5y": 0.9777378073957219, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.2570161869197176, "corr_benchmark": 0.729315748058049, "alpha_pos_frac": 0.5369649805447471, "fund_max_dd": -0.33875219292386827, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tweix": {"sym": "tweix", "name": "EQUITY INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011742192236493731, "alpha_t_5y": 0.691448409799716, "alpha_t_full": 4.453848632576537, "r2_5y": 0.856754514145268, "r2_full": 5.551115123125783e-16, "corr_portfolio": 0.39009926962587826, "corr_benchmark": 0.5355268130622929, "alpha_pos_frac": 0.4793388429752066, "fund_max_dd": -0.39299031397330886, "first": "1994-08-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "twsmx": {"sym": "twsmx", "name": "STRATEGIC ALLOCATION: MODERATE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009440464445945576, "alpha_t_5y": -1.1543275896539709, "alpha_t_full": 1.6804252367157035, "r2_5y": 0.9673546886137844, "r2_full": 0.897840876068223, "corr_portfolio": 0.31691361824840486, "corr_benchmark": 0.6817079272442443, "alpha_pos_frac": 0.5381165919282511, "fund_max_dd": -0.3789188365991417, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "twtix": {"sym": "twtix", "name": "INTERMEDIATE-TERM TAX-FREE BOND FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006838672874051478, "alpha_t_5y": 0.6659747413535196, "alpha_t_full": 8.170644687431741, "r2_5y": 0.40767188422235534, "r2_full": -1.9984014443252818e-15, "corr_portfolio": 0.045230956916167776, "corr_benchmark": 0.3393655420746933, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.11976386982381448, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "twusx": {"sym": "twusx", "name": "SHORT-TERM GOVERNMENT FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.016615998866302537, "alpha_t_5y": -2.448238942590717, "alpha_t_full": 7.873766858338122, "r2_5y": 0.6563697675676379, "r2_full": -5.329070518200751e-15, "corr_portfolio": -0.1309637734131736, "corr_benchmark": 0.36251792886634177, "alpha_pos_frac": 0.5086705202312138, "fund_max_dd": -0.0935745082555941, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "twvlx": {"sym": "twvlx", "name": "VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.027834673309625566, "alpha_t_5y": 1.4546968883159714, "alpha_t_full": 3.6423332147330343, "r2_5y": 0.8959912358444175, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.4164185682741472, "corr_benchmark": 0.4721646178055893, "alpha_pos_frac": 0.47470817120622566, "fund_max_dd": -0.5319237064196705, "first": "1993-09-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "tzinx": {"sym": "tzinx", "name": "Templeton Global Dynamic Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004039156040228329, "alpha_t_5y": 0.19908481355008442, "alpha_t_full": -0.31865459250165384, "r2_5y": 0.8337267137258991, "r2_full": 0.7658883588111114, "corr_portfolio": 0.35627896925027513, "corr_benchmark": 0.5126435262913371, "alpha_pos_frac": 0.5022421524663677, "fund_max_dd": -0.3637009958888874, "first": "2005-07-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "ubvlx": {"sym": "ubvlx", "name": "Undiscovered Managers Behavioral Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03689533163448715, "alpha_t_5y": 1.1667319441134392, "alpha_t_full": 1.3940836157278036, "r2_5y": 0.8678117259776358, "r2_full": 0.852754711990278, "corr_portfolio": 0.36362196532320196, "corr_benchmark": 0.4398895227295159, "alpha_pos_frac": 0.4396551724137931, "fund_max_dd": -0.6724248435588833, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "udbpx": {"sym": "udbpx", "name": "UBS Sustainable Development Bank Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007870824281877154, "alpha_t_5y": -1.460007083216723, "alpha_t_full": -0.7407647768949962, "r2_5y": 0.954078758343184, "r2_full": 0.9461388551719714, "corr_portfolio": -0.2290846646938052, "corr_benchmark": 0.5922471620418397, "alpha_pos_frac": 0.5454545454545454, "fund_max_dd": -0.15443177739034253, "first": "2018-10-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "ugsdx": {"sym": "ugsdx", "name": "U.S. Government Securities Ultra-Short Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.019002553342381698, "alpha_t_5y": 2.653564965744909, "alpha_t_full": 2.238104908618712, "r2_5y": 0.06280864471619119, "r2_full": 0.06357751469503947, "corr_portfolio": -0.04238391995507159, "corr_benchmark": 0.13242771263411637, "alpha_pos_frac": 0.3561643835616438, "fund_max_dd": -0.028518379402283522, "first": "2014-01-07", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "ulst": {"sym": "ulst", "name": "State Street(R) Ultra Short Term Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.012173011519714684, "alpha_t_5y": 2.713504036692158, "alpha_t_full": 4.765883464497009, "r2_5y": 0.13905233722295596, "r2_full": 0.07820092926403877, "corr_portfolio": 0.06793588181741887, "corr_benchmark": 0.13662013787709984, "alpha_pos_frac": 0.48322147651006714, "fund_max_dd": -0.062036329618759156, "first": "2013-10-11", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "umemx": {"sym": "umemx", "name": "Columbia Emerging Markets Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.054561262900414874, "alpha_t_5y": -1.7243026934319328, "alpha_t_full": 1.2729375523264779, "r2_5y": 0.8800456972271017, "r2_full": 0.38218715760237687, "corr_portfolio": 0.24857317316905533, "corr_benchmark": 0.4714657925070534, "alpha_pos_frac": 0.5112107623318386, "fund_max_dd": -0.6950940557197849, "first": "1999-03-11", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "urlgx": {"sym": "urlgx", "name": "Columbia Select Large Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08163884419333983, "alpha_t_5y": -2.397758627855272, "alpha_t_full": -2.0428294830030547, "r2_5y": 0.8829077323124362, "r2_full": 0.8934720339408053, "corr_portfolio": 0.1107244543411671, "corr_benchmark": 0.5907240899846015, "alpha_pos_frac": 0.5097276264591439, "fund_max_dd": -0.5741740659275987, "first": "2004-10-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "usbnx": {"sym": "usbnx", "name": "Pear Tree Polaris Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03536376842100111, "alpha_t_5y": 1.30009085357306, "alpha_t_full": 2.735245619608678, "r2_5y": 0.8797551124698705, "r2_full": -6.661338147750939e-16, "corr_portfolio": 0.3635993246214791, "corr_benchmark": 0.4532907193506882, "alpha_pos_frac": 0.5882352941176471, "fund_max_dd": -0.6440105774481001, "first": "1992-08-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "usbox": {"sym": "usbox", "name": "Pear Tree Quality Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016638221163337328, "alpha_t_5y": 0.9378595273689164, "alpha_t_full": 2.967253902177221, "r2_5y": 0.9267329740914544, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.2903499323097966, "corr_benchmark": 0.6040724364774324, "alpha_pos_frac": 0.5201793721973094, "fund_max_dd": -0.6563676729268237, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "usgax": {"sym": "usgax", "name": "Morgan Stanley Long Duration Government Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006895842753383498, "alpha_t_5y": 0.2690606413060357, "alpha_t_full": 2.4533773851682326, "r2_5y": 0.7404640959117235, "r2_full": -6.661338147750939e-16, "corr_portfolio": -0.09791734804413382, "corr_benchmark": 0.563876158680455, "alpha_pos_frac": 0.5375722543352601, "fund_max_dd": -0.2960681709100159, "first": "1997-07-29", "verdict": "weak/unstable alpha", "alpha_name": false}, "usglx": {"sym": "usglx", "name": "U.S. Global Leaders Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08718792757888959, "alpha_t_5y": -3.118561626798733, "alpha_t_full": 3.1389383112355236, "r2_5y": 0.8762055231291324, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.1745467050271182, "corr_benchmark": 0.6189139780433132, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.46818859311981553, "first": "1995-10-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "usiax": {"sym": "usiax", "name": "UBS Ultra Short Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010816756273914879, "alpha_t_5y": 2.0476011821741413, "alpha_t_full": 2.711441448427098, "r2_5y": 0.28192829148057474, "r2_full": 0.21806639707274833, "corr_portfolio": 0.07598460704814652, "corr_benchmark": 0.11094756487650147, "alpha_pos_frac": 0.45454545454545453, "fund_max_dd": -0.022954005229236296, "first": "2018-11-01", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "usmbx": {"sym": "usmbx", "name": "Columbia Ultra Short Duration Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.015768682671231504, "alpha_t_5y": 4.2977799665040655, "alpha_t_full": 5.065685730950506, "r2_5y": 0.20831789408176493, "r2_full": 0.22571097792925576, "corr_portfolio": 0.07084603957075758, "corr_benchmark": 0.1699836396566459, "alpha_pos_frac": 0.3900709219858156, "fund_max_dd": -0.01976247273085152, "first": "2014-05-28", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "usmsx": {"sym": "usmsx", "name": "JPMorgan Ultra-Short Municipal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009851491759297235, "alpha_t_5y": 2.852848345912237, "alpha_t_full": 5.612833009258159, "r2_5y": 0.09154342364530965, "r2_full": 0.11978256625494421, "corr_portfolio": 0.0715015547226678, "corr_benchmark": 0.18385198080614543, "alpha_pos_frac": 0.4824561403508772, "fund_max_dd": -0.021036638466940927, "first": "2016-09-06", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "usnyx": {"sym": "usnyx", "name": "Victory New York Bond Fund (Formerly USAA New York Bond Fund)", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": null, "alpha_t_5y": NaN, "alpha_t_full": 7.250843983096449, "r2_5y": NaN, "r2_full": -1.9984014443252818e-15, "corr_portfolio": -0.06597177598949447, "corr_benchmark": 0.3513324398409089, "alpha_pos_frac": NaN, "fund_max_dd": -0.1536148799032271, "first": "1990-10-16", "verdict": "no 5y window", "alpha_name": false}, "utbpx": {"sym": "utbpx", "name": "UBS Multi Income Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0027468243602700973, "alpha_t_5y": 0.3471858570552147, "alpha_t_full": 1.185280465909325, "r2_5y": 0.8455465200863496, "r2_full": 0.8237311715488287, "corr_portfolio": -0.033071102556037256, "corr_benchmark": 0.6810094185790813, "alpha_pos_frac": 0.5982905982905983, "fund_max_dd": -0.16830706148851515, "first": "2016-05-24", "verdict": "weak/unstable alpha", "alpha_name": false}, "vadcx": {"sym": "vadcx", "name": "INVESCO EQUALLY-WEIGHTED S&P 500 FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010078186189675119, "alpha_t_5y": -0.6716519605564315, "alpha_t_full": 0.3640575057351593, "r2_5y": 0.9507838330126491, "r2_full": 0.9302441668256972, "corr_portfolio": 0.3395217403478759, "corr_benchmark": 0.5644233244999419, "alpha_pos_frac": 0.4708171206225681, "fund_max_dd": -0.6074449039682976, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vafax": {"sym": "vafax", "name": "INVESCO AMERICAN FRANCHISE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05805940937934049, "alpha_t_5y": -2.4193743329571644, "alpha_t_full": -1.571819846871243, "r2_5y": 0.9402496800144476, "r2_full": 0.8873334808758627, "corr_portfolio": 0.1656787157586473, "corr_benchmark": 0.5984952867723746, "alpha_pos_frac": 0.5120967741935484, "fund_max_dd": -0.48480433186148675, "first": "2005-06-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "valix": {"sym": "valix", "name": "VALUE LINE CAPITAL APPRECIATION FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.025957657171103828, "alpha_t_5y": -1.0736180552718293, "alpha_t_full": 4.324778188086256, "r2_5y": 0.9104971880427788, "r2_full": 1.1102230246251565e-16, "corr_portfolio": 0.13198256136234532, "corr_benchmark": 0.5864150425985462, "alpha_pos_frac": 0.46613545816733065, "fund_max_dd": -0.3514292143638482, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vallx": {"sym": "vallx", "name": "VALUE LINE LARGER COMPANIES FOCUSED FUND, INC.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0428612834671569, "alpha_t_5y": -1.0838101183601951, "alpha_t_full": 3.4309241477628825, "r2_5y": 0.8824496291241439, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.09270654882121233, "corr_benchmark": 0.5677310953046953, "alpha_pos_frac": 0.5067264573991032, "fund_max_dd": -0.5336444527906845, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "valq": {"sym": "valq", "name": "American Century U.S. Quality Value ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.011378576611155055, "alpha_t_5y": 0.5414788411819675, "alpha_t_full": -0.015885202248532626, "r2_5y": 0.8793795828540208, "r2_full": 0.8913628403010078, "corr_portfolio": 0.3794671553074451, "corr_benchmark": 0.5782029027149852, "alpha_pos_frac": 0.4948453608247423, "fund_max_dd": -0.3818733317086854, "first": "2018-01-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "valsx": {"sym": "valsx", "name": "Value Line Select Core Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07457559940121862, "alpha_t_5y": -2.2141694118776263, "alpha_t_full": 3.681965953761505, "r2_5y": 0.785772608842972, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.21417420471866264, "corr_benchmark": 0.5938881369089087, "alpha_pos_frac": 0.601593625498008, "fund_max_dd": -0.5507757839204781, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "vasgx": {"sym": "vasgx", "name": "Vanguard LifeStrategy 80/20 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0019713088149484683, "alpha_t_5y": 0.2253136735508793, "alpha_t_full": 0.39330451893742274, "r2_5y": 0.9734356677716531, "r2_full": 0.9753081350403617, "corr_portfolio": 0.31706966237452167, "corr_benchmark": 0.6521553448635754, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.5116353945627726, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vasix": {"sym": "vasix", "name": "Vanguard LifeStrategy 20/80 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.001418705007420399, "alpha_t_5y": 0.2459364880847442, "alpha_t_full": 6.280924228662263, "r2_5y": 0.9400388719798697, "r2_full": 8.881784197001252e-16, "corr_portfolio": 0.13340976618852188, "corr_benchmark": 0.9227965079939463, "alpha_pos_frac": 0.5838150289017341, "fund_max_dd": -0.18164534820250078, "first": "1994-10-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vasvx": {"sym": "vasvx", "name": "Vanguard Selected Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018673001544566577, "alpha_t_5y": 0.760221595861816, "alpha_t_full": 2.1139018591762526, "r2_5y": 0.9036791785786954, "r2_full": 0.8713253887515673, "corr_portfolio": 0.3915080171084932, "corr_benchmark": 0.512055254856349, "alpha_pos_frac": 0.44298245614035087, "fund_max_dd": -0.5569571920660914, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vbiax": {"sym": "vbiax", "name": "VANGUARD BALANCED INDEX FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00018867064659485957, "alpha_t_5y": 0.03850345835335491, "alpha_t_full": 3.282617441815348, "r2_5y": 0.9887296444220578, "r2_full": 0.960656142752039, "corr_portfolio": 0.2506944778065977, "corr_benchmark": 0.7363201041758902, "alpha_pos_frac": 0.4624277456647399, "fund_max_dd": -0.35895989540341255, "first": "2000-11-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vbilx": {"sym": "vbilx", "name": "Vanguard Intermediate-Term Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0022955064101650895, "alpha_t_5y": 0.5248655458956655, "alpha_t_full": -0.6531386290100135, "r2_5y": 0.9719263941227998, "r2_full": 0.9258739414807513, "corr_portfolio": -0.11240404802508555, "corr_benchmark": 0.6534356633098787, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.1896336752200526, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vbisx": {"sym": "vbisx", "name": "Vanguard Short-Term Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.015618236814813268, "alpha_t_5y": -2.636866105781551, "alpha_t_full": 7.902124948894756, "r2_5y": 0.8401345154839186, "r2_full": 1.1102230246251565e-15, "corr_portfolio": -0.11910238449861336, "corr_benchmark": 0.4885162453545247, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.08706460794061821, "first": "1994-03-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "vbllx": {"sym": "vbllx", "name": "Vanguard Long-Term Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -4.9416794085918605e-05, "alpha_t_5y": -0.03283773887392453, "alpha_t_full": -2.013357897616742, "r2_5y": 0.9991962768409499, "r2_full": 0.9643270516461444, "corr_portfolio": -0.11998047644620623, "corr_benchmark": 0.7124523584457871, "alpha_pos_frac": 0.023121387283236993, "fund_max_dd": -0.38119415340415796, "first": "2006-02-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vbtlx": {"sym": "vbtlx", "name": "Vanguard Total Bond Market Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0050443916203711265, "alpha_t_5y": 1.148067770017708, "alpha_t_full": -0.21764470067166966, "r2_5y": 0.967889423831422, "r2_full": 0.8869165987948638, "corr_portfolio": -0.12291627081609816, "corr_benchmark": 0.6901765118664691, "alpha_pos_frac": 0.49710982658959535, "fund_max_dd": -0.18683274894502355, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vcaix": {"sym": "vcaix", "name": "Vanguard California Intermediate-Term Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006507115947961157, "alpha_t_5y": 0.6428428819295476, "alpha_t_full": 7.474062762470642, "r2_5y": 0.4034156853754842, "r2_full": -1.3322676295501878e-15, "corr_portfolio": 0.03203158480273146, "corr_benchmark": 0.3539511319031331, "alpha_pos_frac": 0.5330739299610895, "fund_max_dd": -0.11210184448885652, "first": "1994-03-07", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vcdax": {"sym": "vcdax", "name": "Vanguard Consumer Discretionary Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.060098595116371424, "alpha_t_5y": -1.4283652366107167, "alpha_t_full": -0.7808789666133087, "r2_5y": 0.8233792791831627, "r2_full": 0.8680569168097301, "corr_portfolio": 0.1750186691459407, "corr_benchmark": 0.60306486278509, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.6165643472913114, "first": "2004-02-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "vcitx": {"sym": "vcitx", "name": "Vanguard California Long-Term Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004940568160459082, "alpha_t_5y": 0.346470071518398, "alpha_t_full": 6.978914672975956, "r2_5y": 0.40575006758918375, "r2_full": 8.881784197001252e-16, "corr_portfolio": 0.024907652736402518, "corr_benchmark": 0.36724217277148424, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.1855415019993064, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vcmdx": {"sym": "vcmdx", "name": "Vanguard Commodity Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017579283745416518, "alpha_t_5y": 0.8295956093114112, "alpha_t_full": 1.685703015855265, "r2_5y": 0.8982006019948215, "r2_full": 0.8958850901886346, "corr_portfolio": 0.2795821366796367, "corr_benchmark": 0.17735773515219105, "alpha_pos_frac": 0.425, "fund_max_dd": -0.26671825078285527, "first": "2019-06-26", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vcorx": {"sym": "vcorx", "name": "Vanguard Core Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00668159288187532, "alpha_t_5y": 1.6742534240507458, "alpha_t_full": 2.8404931562274487, "r2_5y": 0.9715854421389868, "r2_full": 0.9610539993942044, "corr_portfolio": -0.12264412486917538, "corr_benchmark": 0.7207038131552557, "alpha_pos_frac": 0.4789915966386555, "fund_max_dd": -0.18192394603083628, "first": "2016-03-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vcsax": {"sym": "vcsax", "name": "Vanguard Consumer Staples Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.012694561195345387, "alpha_t_5y": 0.3254778403260139, "alpha_t_full": 1.7738621502465237, "r2_5y": 0.5151371255701108, "r2_full": 0.6544056461414096, "corr_portfolio": 0.2882251149427622, "corr_benchmark": 0.4644016731460247, "alpha_pos_frac": 0.5148936170212766, "fund_max_dd": -0.34338063462431334, "first": "2004-02-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "vctfx": {"sym": "vctfx", "name": "Nomura Tax-Free Colorado Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005257920672706032, "alpha_t_5y": 0.33674544386854877, "alpha_t_full": 7.210411302466371, "r2_5y": 0.39428021617245157, "r2_full": 1.4432899320127035e-15, "corr_portfolio": 0.03354751448139524, "corr_benchmark": 0.36803987627641754, "alpha_pos_frac": 0.5722543352601156, "fund_max_dd": -0.1599051568715547, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vdadx": {"sym": "vdadx", "name": "Vanguard Dividend Appreciation Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0005655309803178049, "alpha_t_5y": 0.035038690458106626, "alpha_t_full": -0.631185973059077, "r2_5y": 0.9258985290432138, "r2_full": 0.943431625452656, "corr_portfolio": 0.33427983126545424, "corr_benchmark": 0.5856666496486237, "alpha_pos_frac": 0.4794520547945205, "fund_max_dd": -0.3169768329708257, "first": "2013-12-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vdeqx": {"sym": "vdeqx", "name": "Vanguard Diversified Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.027600470527176728, "alpha_t_5y": -1.8649307730008784, "alpha_t_full": -1.7842738116322836, "r2_5y": 0.9635265784098658, "r2_full": 0.9749205266200135, "corr_portfolio": 0.25482709335013826, "corr_benchmark": 0.6093989263349344, "alpha_pos_frac": 0.5040322580645161, "fund_max_dd": -0.5625710768724265, "first": "2005-06-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vdigx": {"sym": "vdigx", "name": "Vanguard Dividend Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01611858862272257, "alpha_t_5y": -0.8387252238173276, "alpha_t_full": 3.813146322647154, "r2_5y": 0.8784607489425887, "r2_full": 0.0, "corr_portfolio": 0.3418748994417194, "corr_benchmark": 0.5698482342498701, "alpha_pos_frac": 0.5276595744680851, "fund_max_dd": -0.45227713478781095, "first": "1992-05-18", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vedtx": {"sym": "vedtx", "name": "Vanguard Extended Duration Treasury Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002418208510709493, "alpha_t_5y": -0.27200638351442624, "alpha_t_full": 0.12199537608573756, "r2_5y": 0.9903826715638349, "r2_full": 0.9652725825622935, "corr_portfolio": -0.18558920197264625, "corr_benchmark": 0.6408238903819863, "alpha_pos_frac": 0.3988439306358382, "fund_max_dd": -0.600024933592507, "first": "2007-11-21", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "veirx": {"sym": "veirx", "name": "Vanguard Equity Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018287772466261225, "alpha_t_5y": 1.0649706396995342, "alpha_t_full": 1.6487238516668505, "r2_5y": 0.9120697502897762, "r2_full": 0.9358011669260811, "corr_portfolio": 0.42041148795262556, "corr_benchmark": 0.5313858196545422, "alpha_pos_frac": 0.5022421524663677, "fund_max_dd": -0.540193781706579, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vemax": {"sym": "vemax", "name": "Vanguard Emerging Markets Stock Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00184311452351401, "alpha_t_5y": -0.11368751410787245, "alpha_t_full": -0.3799081967510414, "r2_5y": 0.9411511858417948, "r2_full": 0.9228445613749419, "corr_portfolio": 0.2951445799440059, "corr_benchmark": 0.4434035805335151, "alpha_pos_frac": 0.49122807017543857, "fund_max_dd": -0.6644683947953667, "first": "2006-06-26", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vembx": {"sym": "vembx", "name": "Vanguard Emerging Markets Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.014708528313911211, "alpha_t_5y": 0.9261971643125108, "alpha_t_full": 2.460660941794673, "r2_5y": 0.6273125157780319, "r2_full": 0.630638313984763, "corr_portfolio": 0.22324468066885408, "corr_benchmark": 0.5691394381262688, "alpha_pos_frac": 0.5333333333333333, "fund_max_dd": -0.24355809364953274, "first": "2016-03-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "venax": {"sym": "venax", "name": "Vanguard Energy Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.06287964490693851, "alpha_t_5y": 0.9473727897843954, "alpha_t_full": 1.135843901876566, "r2_5y": 0.6624241256866985, "r2_full": 0.6048556710980776, "corr_portfolio": 0.37817255218002144, "corr_benchmark": 0.2665561373062884, "alpha_pos_frac": 0.46382978723404256, "fund_max_dd": -0.7441499988758469, "first": "2004-09-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "vesgx": {"sym": "vesgx", "name": "Vanguard Global ESG Select Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017499185359284786, "alpha_t_5y": 1.0256301399061434, "alpha_t_full": 1.7939491337159394, "r2_5y": 0.9222960990361901, "r2_full": 0.9451359186357753, "corr_portfolio": 0.29794896192113646, "corr_benchmark": 0.6351248996428658, "alpha_pos_frac": 0.48148148148148145, "fund_max_dd": -0.30515474131350817, "first": "2019-06-17", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "veusx": {"sym": "veusx", "name": "Vanguard European Stock Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005153063211353744, "alpha_t_5y": 0.32277147552272195, "alpha_t_full": 0.7454666586363886, "r2_5y": 0.9510777172649845, "r2_full": 0.8962250541197164, "corr_portfolio": 0.3709311684863222, "corr_benchmark": 0.5099014544790239, "alpha_pos_frac": 0.5067264573991032, "fund_max_dd": -0.6328039885305565, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vevfx": {"sym": "vevfx", "name": "Vanguard Explorer Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02372994953801549, "alpha_t_5y": 1.0115545661285599, "alpha_t_full": 0.6827541443396462, "r2_5y": 0.9276005400836747, "r2_full": 0.9479452690753474, "corr_portfolio": 0.33909903365840977, "corr_benchmark": 0.5158136521614146, "alpha_pos_frac": 0.4869109947643979, "fund_max_dd": -0.4753387060772998, "first": "2010-03-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vexax": {"sym": "vexax", "name": "Vanguard Extended Market Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.028705534065953317, "alpha_t_5y": -1.6211951602648929, "alpha_t_full": 0.6896305976673583, "r2_5y": 0.9644731164648445, "r2_full": 0.959077782630777, "corr_portfolio": 0.2230802003072895, "corr_benchmark": 0.5943085948297318, "alpha_pos_frac": 0.5, "fund_max_dd": -0.5808381183905612, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vexrx": {"sym": "vexrx", "name": "VANGUARD EXPLORER FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.030472535497051825, "alpha_t_5y": -1.618354041119709, "alpha_t_full": -0.7207535290200064, "r2_5y": 0.9554242357771968, "r2_full": 0.9541820933137369, "corr_portfolio": 0.2244982428070145, "corr_benchmark": 0.5843823091304061, "alpha_pos_frac": 0.5097276264591439, "fund_max_dd": -0.5726144976083822, "first": "2001-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfaix": {"sym": "vfaix", "name": "Vanguard Financials Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.022328952532531154, "alpha_t_5y": 0.6778305935571376, "alpha_t_full": 0.07797882268856153, "r2_5y": 0.8364222132982957, "r2_full": 0.8190665777247261, "corr_portfolio": 0.394242804383243, "corr_benchmark": 0.42919503085273425, "alpha_pos_frac": 0.4823529411764706, "fund_max_dd": -0.7863890059133843, "first": "2004-02-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "vffvx": {"sym": "vffvx", "name": "Vanguard Target Retirement 2055 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0018591390250486122, "alpha_t_5y": 0.19801135977283277, "alpha_t_full": 0.1660093991699885, "r2_5y": 0.9752149725809754, "r2_full": 0.9875868671288203, "corr_portfolio": 0.32318562886665486, "corr_benchmark": 0.6292735481950245, "alpha_pos_frac": 0.5260115606936416, "fund_max_dd": -0.3139639878415412, "first": "2010-08-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfiax": {"sym": "vfiax", "name": "Vanguard 500 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0010478385822677958, "alpha_t_5y": 0.23658910095011115, "alpha_t_full": 0.02529056154144726, "r2_5y": 0.996038023907253, "r2_full": 0.9862010631339633, "corr_portfolio": 0.2837530074798181, "corr_benchmark": 0.6172231249634884, "alpha_pos_frac": 0.5445544554455446, "fund_max_dd": -0.5520358948934877, "first": "2000-11-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfidx": {"sym": "vfidx", "name": "Vanguard Intermediate-Term Investment-Grade Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005507096440962219, "alpha_t_5y": 1.1088535143601428, "alpha_t_full": -0.489843714545275, "r2_5y": 0.963804512981305, "r2_full": 0.86831702473929, "corr_portfolio": -0.04028824543009168, "corr_benchmark": 0.6874770996371689, "alpha_pos_frac": 0.4624277456647399, "fund_max_dd": -0.2011992608951796, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfifx": {"sym": "vfifx", "name": "Vanguard Target Retirement 2050 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00024169769100317387, "alpha_t_5y": -0.025740538752584547, "alpha_t_full": -0.3283906113833097, "r2_5y": 0.9751847462306144, "r2_full": 0.9878444585872306, "corr_portfolio": 0.3231543750658838, "corr_benchmark": 0.6291760498570858, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.5167987422886766, "first": "2006-06-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfijx": {"sym": "vfijx", "name": "Vanguard GNMA Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0006280587246192198, "alpha_t_5y": -0.11171571092874799, "alpha_t_full": -0.018137236712106177, "r2_5y": 0.9496749777428514, "r2_full": 0.6610460306194912, "corr_portfolio": -0.08354973396931384, "corr_benchmark": 0.6354716230766317, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.15951588498293567, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfirx": {"sym": "vfirx", "name": "Vanguard Short-Term Treasury Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01617831570729706, "alpha_t_5y": -2.37585650996782, "alpha_t_full": 6.395493661618736, "r2_5y": 0.7443445487661412, "r2_full": 0.047454089025103396, "corr_portfolio": -0.13692369946448596, "corr_benchmark": 0.41071495730465024, "alpha_pos_frac": 0.48554913294797686, "fund_max_dd": -0.06740494755054938, "first": "2001-02-14", "verdict": "weak/unstable alpha", "alpha_name": false}, "vfiux": {"sym": "vfiux", "name": "Vanguard Intermediate-Term Treasury Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0037662902563903138, "alpha_t_5y": 0.7134743920677603, "alpha_t_full": 1.1113240077682787, "r2_5y": 0.9473300477427904, "r2_full": 0.9054186900409068, "corr_portfolio": -0.16885815692264297, "corr_benchmark": 0.5734439615238741, "alpha_pos_frac": 0.4913294797687861, "fund_max_dd": -0.15305938304943445, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfmf": {"sym": "vfmf", "name": "Vanguard U.S. Multifactor ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04430940300627395, "alpha_t_5y": 1.9588250247537693, "alpha_t_full": 1.3904671013494476, "r2_5y": 0.9117955299317566, "r2_full": 0.9338153563677893, "corr_portfolio": 0.39549773196800336, "corr_benchmark": 0.5524721104484916, "alpha_pos_frac": 0.4791666666666667, "fund_max_dd": -0.41339293374482533, "first": "2018-02-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfmfx": {"sym": "vfmfx", "name": "Vanguard U.S. Multifactor Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04020804067081005, "alpha_t_5y": 1.9863556861199765, "alpha_t_full": 1.257774515526234, "r2_5y": 0.9288619754917652, "r2_full": 0.9483449056749241, "corr_portfolio": 0.3942926442224065, "corr_benchmark": 0.5570907314888772, "alpha_pos_frac": 0.4375, "fund_max_dd": -0.4118012744719991, "first": "2018-02-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfmo": {"sym": "vfmo", "name": "Vanguard U.S. Momentum Factor ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017009692346024397, "alpha_t_5y": 0.47555430568963414, "alpha_t_full": 0.22410160169972104, "r2_5y": 0.8588198827365536, "r2_full": 0.8596555545163025, "corr_portfolio": 0.25191379678367265, "corr_benchmark": 0.5883459034241233, "alpha_pos_frac": 0.53125, "fund_max_dd": -0.36774244565437897, "first": "2018-02-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfmv": {"sym": "vfmv", "name": "Vanguard U.S. Minimum Volatility ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.023830214295902562, "alpha_t_5y": 1.071075982687405, "alpha_t_full": 0.919092120592483, "r2_5y": 0.7975987361837065, "r2_full": 0.8394032457383018, "corr_portfolio": 0.31947970619726157, "corr_benchmark": 0.6199455375859544, "alpha_pos_frac": 0.5520833333333334, "fund_max_dd": -0.33636589938224304, "first": "2018-02-16", "verdict": "weak/unstable alpha", "alpha_name": false}, "vforx": {"sym": "vforx", "name": "Vanguard Target Retirement 2040 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0009222372648334027, "alpha_t_5y": -0.10589918930373562, "alpha_t_full": 0.2500262340262977, "r2_5y": 0.9723429065254389, "r2_full": 0.9855359299974011, "corr_portfolio": 0.3214797426685481, "corr_benchmark": 0.63918708811324, "alpha_pos_frac": 0.4913294797687861, "fund_max_dd": -0.5163026427902013, "first": "2006-06-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfqy": {"sym": "vfqy", "name": "Vanguard U.S. Quality Factor ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009617759052627843, "alpha_t_5y": 0.4825398149246077, "alpha_t_full": 0.9556253986305988, "r2_5y": 0.9320780575845119, "r2_full": 0.9398922426754259, "corr_portfolio": 0.30038235251879714, "corr_benchmark": 0.5983067122992557, "alpha_pos_frac": 0.4583333333333333, "fund_max_dd": -0.3741407328138624, "first": "2018-02-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfsix": {"sym": "vfsix", "name": "Vanguard Short-Term Investment-Grade Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00596178507062053, "alpha_t_5y": -0.9983394025051361, "alpha_t_full": 6.122333222056648, "r2_5y": 0.8424719591336162, "r2_full": 1.4432899320127035e-15, "corr_portfolio": -0.012766742314748464, "corr_benchmark": 0.5234709192308717, "alpha_pos_frac": 0.4913294797687861, "fund_max_dd": -0.09214380381762055, "first": "1997-10-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "vfsnx": {"sym": "vfsnx", "name": "Vanguard FTSE All-World ex-US Small-Cap Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.023986175404277103, "alpha_t_5y": -1.319364736634154, "alpha_t_full": -1.895837245833011, "r2_5y": 0.9188227067620466, "r2_full": 0.90689418531484, "corr_portfolio": 0.37697027761358026, "corr_benchmark": 0.5506585414259568, "alpha_pos_frac": 0.5172413793103449, "fund_max_dd": -0.4364785037554646, "first": "2009-03-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vftnx": {"sym": "vftnx", "name": "Vanguard FTSE Social Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008988216062239634, "alpha_t_5y": -1.2702259954403303, "alpha_t_full": -0.30386984790168986, "r2_5y": 0.9914966851410191, "r2_full": 0.8745144977009486, "corr_portfolio": 0.2401710187192303, "corr_benchmark": 0.6221045807421244, "alpha_pos_frac": 0.48878923766816146, "fund_max_dd": -0.636863024183093, "first": "2000-06-01", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfva": {"sym": "vfva", "name": "Vanguard U.S. Value Factor ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03515390406804378, "alpha_t_5y": 1.2775114054346521, "alpha_t_full": 1.308590588469263, "r2_5y": 0.89390773035596, "r2_full": 0.915818102185411, "corr_portfolio": 0.40596238796755074, "corr_benchmark": 0.48799055065513797, "alpha_pos_frac": 0.4895833333333333, "fund_max_dd": -0.4857335852219272, "first": "2018-02-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vfwsx": {"sym": "vfwsx", "name": "Vanguard FTSE All-World ex-US Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003086030111699938, "alpha_t_5y": 0.32744130349851197, "alpha_t_full": -0.11688169531131858, "r2_5y": 0.9787834757941203, "r2_full": 0.9742592966506756, "corr_portfolio": 0.37354943132409113, "corr_benchmark": 0.5426913361776702, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.6124603229622443, "first": "2007-03-09", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vgcax": {"sym": "vgcax", "name": "Vanguard Global Credit Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01050244305369273, "alpha_t_5y": 2.0735478284104696, "alpha_t_full": 3.1963588062033064, "r2_5y": 0.940395329638714, "r2_full": 0.9204979968475795, "corr_portfolio": -0.030644405219742193, "corr_benchmark": 0.7584433882205469, "alpha_pos_frac": 0.5402298850574713, "fund_max_dd": -0.1862778933412058, "first": "2018-11-16", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vgelx": {"sym": "vgelx", "name": "Vanguard Energy Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.05226644037486883, "alpha_t_5y": 1.3249013285944888, "alpha_t_full": 0.7665720342609577, "r2_5y": 0.6927887201002203, "r2_full": 0.6505978387341709, "corr_portfolio": 0.3735382116130365, "corr_benchmark": 0.3444406949909811, "alpha_pos_frac": 0.45739910313901344, "fund_max_dd": -0.6522251470520266, "first": "2001-11-13", "verdict": "weak/unstable alpha", "alpha_name": false}, "vghax": {"sym": "vghax", "name": "Vanguard Health Care Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.000324786322003844, "alpha_t_5y": -0.007734492728782074, "alpha_t_full": 1.504545421286952, "r2_5y": 0.5633090393753886, "r2_full": 0.6747497249825491, "corr_portfolio": 0.24368976338388523, "corr_benchmark": 0.5187435795708975, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.3685078921030539, "first": "2001-11-13", "verdict": "weak/unstable alpha", "alpha_name": false}, "vgiax": {"sym": "vgiax", "name": "Vanguard Growth and Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00015031930541798286, "alpha_t_5y": 0.01721741133467666, "alpha_t_full": -0.07777738010032434, "r2_5y": 0.9851268129442546, "r2_full": 0.9792525290375454, "corr_portfolio": 0.2953512820821749, "corr_benchmark": 0.6106285776274755, "alpha_pos_frac": 0.5450980392156862, "fund_max_dd": -0.5679085333524349, "first": "2001-05-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vgivx": {"sym": "vgivx", "name": "Vanguard Emerging Markets Government Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0032140964269522718, "alpha_t_5y": -0.20913132403176427, "alpha_t_full": 0.16170100923119307, "r2_5y": 0.6495137841279923, "r2_full": 0.6196487198022586, "corr_portfolio": 0.2035022139950216, "corr_benchmark": 0.5714073088052268, "alpha_pos_frac": 0.5555555555555556, "fund_max_dd": -0.2678716049253883, "first": "2013-05-15", "verdict": "weak/unstable alpha", "alpha_name": false}, "vglsx": {"sym": "vglsx", "name": "Global Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004596207868468526, "alpha_t_5y": 0.3082698369498445, "alpha_t_full": 0.2513906152721854, "r2_5y": 0.882883136005, "r2_full": 0.8651763606727594, "corr_portfolio": 0.3326708445120672, "corr_benchmark": 0.582128791454986, "alpha_pos_frac": 0.484304932735426, "fund_max_dd": -0.37051199650859856, "first": "2005-12-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vgpmx": {"sym": "vgpmx", "name": "Vanguard Global Capital Cycles Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.07439330904905427, "alpha_t_5y": 2.4684484701001943, "alpha_t_full": 2.1947014803356653, "r2_5y": 0.8351707528901897, "r2_full": 3.3306690738754696e-16, "corr_portfolio": 0.24803012621803883, "corr_benchmark": 0.42311063755452494, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.790406403964184, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "vgrlx": {"sym": "vgrlx", "name": "Vanguard Global ex-U.S. Real Estate Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0431199049002718, "alpha_t_5y": -1.5334678851568013, "alpha_t_full": -1.1764660066000419, "r2_5y": 0.760284858883367, "r2_full": 0.7843737057596158, "corr_portfolio": 0.3501405853082368, "corr_benchmark": 0.5150764732129651, "alpha_pos_frac": 0.5217391304347826, "fund_max_dd": -0.3876591166513994, "first": "2010-11-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "vgsbx": {"sym": "vgsbx", "name": "VY(R) BrandywineGLOBAL - Bond Portfolio", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018895813263539944, "alpha_t_5y": 1.5048385386320593, "alpha_t_full": 1.3474504795584914, "r2_5y": 0.8357120898882788, "r2_full": 0.7725201890748626, "corr_portfolio": -0.05303525279313667, "corr_benchmark": 0.6623018754553075, "alpha_pos_frac": 0.3484848484848485, "fund_max_dd": -0.18200666042467628, "first": "2015-02-20", "verdict": "weak/unstable alpha", "alpha_name": false}, "vgslx": {"sym": "vgslx", "name": "Vanguard Real Estate Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00024596961626322374, "alpha_t_5y": 0.03962407816125658, "alpha_t_full": -0.1799165358809603, "r2_5y": 0.9936563695510158, "r2_full": 0.9879745983204671, "corr_portfolio": 0.24041488125441673, "corr_benchmark": 0.5777107705013043, "alpha_pos_frac": 0.6770428015564203, "fund_max_dd": -0.7406503568212848, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vgstx": {"sym": "vgstx", "name": "Vanguard Star Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011578990717449342, "alpha_t_5y": -1.0711657760853157, "alpha_t_full": 5.034300280275909, "r2_5y": 0.9510733435679115, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.26783477700890523, "corr_benchmark": 0.7145144769141019, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.3861586415626237, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vgtsx": {"sym": "vgtsx", "name": "Vanguard Total International Stock Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0009728033383075031, "alpha_t_5y": 0.09883748214887882, "alpha_t_full": 0.9121695519908902, "r2_5y": 0.976371612900042, "r2_full": 0.9233649782643887, "corr_portfolio": 0.37743790811676853, "corr_benchmark": 0.5431520513068151, "alpha_pos_frac": 0.5028901734104047, "fund_max_dd": -0.6147758412665008, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vgwix": {"sym": "vgwix", "name": "Vanguard Global Wellesley Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020106491633914293, "alpha_t_5y": 2.8820011079124765, "alpha_t_full": 1.9771593942478294, "r2_5y": 0.9265396819938655, "r2_full": 0.8999862229059024, "corr_portfolio": 0.34168311606714363, "corr_benchmark": 0.7754633839997448, "alpha_pos_frac": 0.52, "fund_max_dd": -0.17737326228335726, "first": "2017-10-19", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vgwlx": {"sym": "vgwlx", "name": "Vanguard Global Wellington Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02284810206367847, "alpha_t_5y": 2.2808924360835756, "alpha_t_full": 2.5873016333833094, "r2_5y": 0.93177606014797, "r2_full": 0.9512315391051832, "corr_portfolio": 0.3839464816992213, "corr_benchmark": 0.6657575572082222, "alpha_pos_frac": 0.46, "fund_max_dd": -0.2528335560299918, "first": "2017-11-07", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vhcix": {"sym": "vhcix", "name": "Vanguard Health Care Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.003708315091141624, "alpha_t_5y": 0.08926885555773569, "alpha_t_full": 1.051517774311364, "r2_5y": 0.5785087190437057, "r2_full": 0.6968379945637044, "corr_portfolio": 0.2499562780992058, "corr_benchmark": 0.5060781414841647, "alpha_pos_frac": 0.5148936170212766, "fund_max_dd": -0.3911865726797228, "first": "2004-02-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "vhcox": {"sym": "vhcox", "name": "Vanguard Capital Opportunity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.021914886585726864, "alpha_t_5y": 0.9113717759236932, "alpha_t_full": 1.6770565445205143, "r2_5y": 0.9143073286696599, "r2_full": 0.9051021561191614, "corr_portfolio": 0.2579588317549654, "corr_benchmark": 0.5821973564314161, "alpha_pos_frac": 0.49327354260089684, "fund_max_dd": -0.5475560473261712, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vhgex": {"sym": "vhgex", "name": "Vanguard Global Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03867775300747513, "alpha_t_5y": -2.322997306553206, "alpha_t_full": 1.3445550648902929, "r2_5y": 0.9524641410617821, "r2_full": 0.9262353117006151, "corr_portfolio": 0.27766991454825174, "corr_benchmark": 0.6176326466219212, "alpha_pos_frac": 0.5577689243027888, "fund_max_dd": -0.6367111225646651, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vhiax": {"sym": "vhiax", "name": "JPMorgan Growth Advantage Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04785018687646767, "alpha_t_5y": -2.459030795237446, "alpha_t_full": 0.6127052662237387, "r2_5y": 0.9572551690209036, "r2_full": 0.9272699216944967, "corr_portfolio": 0.1587895445017445, "corr_benchmark": 0.6007767822145881, "alpha_pos_frac": 0.4980544747081712, "fund_max_dd": -0.851579897914705, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vhyax": {"sym": "vhyax", "name": "Vanguard High Dividend Yield Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01889022449118663, "alpha_t_5y": 1.095339824666026, "alpha_t_full": 1.1041766540710838, "r2_5y": 0.9131418987630952, "r2_full": 0.9375362529504404, "corr_portfolio": 0.4031574096341115, "corr_benchmark": 0.534132589715483, "alpha_pos_frac": 0.4588235294117647, "fund_max_dd": -0.3514463823840198, "first": "2019-02-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vicsx": {"sym": "vicsx", "name": "Vanguard Intermediate-Term Corporate Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006481192500691645, "alpha_t_5y": 1.4732693699779893, "alpha_t_full": 1.191653844431527, "r2_5y": 0.9696668459508551, "r2_full": 0.907894789979567, "corr_portfolio": -0.03268224016036875, "corr_benchmark": 0.710111952645592, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.20526376356546439, "first": "2009-11-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vidax": {"sym": "vidax", "name": "Nomura Tax-Free Idaho Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.004377505461141374, "alpha_t_5y": 0.2696165686559547, "alpha_t_full": 6.082272271370622, "r2_5y": 0.38792811060677024, "r2_full": -2.4424906541753444e-15, "corr_portfolio": 0.03579470565657216, "corr_benchmark": 0.3684015653011683, "alpha_pos_frac": 0.6069364161849711, "fund_max_dd": -0.1708973859361964, "first": "1995-01-04", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vigax": {"sym": "vigax", "name": "Vanguard Growth Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.021232903791517346, "alpha_t_5y": -1.4121491487094902, "alpha_t_full": 0.24444134653892777, "r2_5y": 0.9743273398526718, "r2_full": 0.9457540251461928, "corr_portfolio": 0.15127536970900018, "corr_benchmark": 0.6284891265291852, "alpha_pos_frac": 0.5112107623318386, "fund_max_dd": -0.5066165381996934, "first": "2000-11-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vigi": {"sym": "vigi", "name": "Vanguard International Dividend Appreciation Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01993840785392035, "alpha_t_5y": -1.1206226320748998, "alpha_t_full": -0.4274481314078193, "r2_5y": 0.9139287732955893, "r2_full": 0.9208580113624684, "corr_portfolio": 0.27603315232248316, "corr_benchmark": 0.6031666010376772, "alpha_pos_frac": 0.5, "fund_max_dd": -0.31006868757942707, "first": "2016-03-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "viitx": {"sym": "viitx", "name": "Vanguard Institutional Intermediate-Term Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0008294261647207519, "alpha_t_5y": -0.27008812457757064, "alpha_t_full": 6.537723620270554, "r2_5y": 0.9748242153833133, "r2_full": 0.9597573310357171, "corr_portfolio": -0.12087505256399539, "corr_benchmark": 0.6552900220427055, "alpha_pos_frac": 0.49193548387096775, "fund_max_dd": -0.1191999490224045, "first": "2015-11-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vimax": {"sym": "vimax", "name": "Vanguard Mid-Cap Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.016604294730426537, "alpha_t_5y": -0.9382623831663778, "alpha_t_full": 0.20286101931168726, "r2_5y": 0.9419411268697226, "r2_full": 0.9481289198811995, "corr_portfolio": 0.28780118214094425, "corr_benchmark": 0.6046344185429045, "alpha_pos_frac": 0.5330739299610895, "fund_max_dd": -0.5888227289871151, "first": "2001-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vinax": {"sym": "vinax", "name": "Vanguard Industrials Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01579763548517395, "alpha_t_5y": 0.5433441874242807, "alpha_t_full": 1.0274368343680198, "r2_5y": 0.8606775099168581, "r2_full": 0.8970260405068787, "corr_portfolio": 0.3487937426110444, "corr_benchmark": 0.5273235093519086, "alpha_pos_frac": 0.5695067264573991, "fund_max_dd": -0.6342580584385138, "first": "2004-09-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vinex": {"sym": "vinex", "name": "Vanguard International Explorer Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04918641935182672, "alpha_t_5y": -2.3012024913419373, "alpha_t_full": 2.9096250727628923, "r2_5y": 0.910860316172064, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.3293155203902495, "corr_benchmark": 0.5576010675694391, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.6215980638841399, "first": "1996-11-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vinix": {"sym": "vinix", "name": "Vanguard Institutional Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0011256218375307765, "alpha_t_5y": 0.25421430439611176, "alpha_t_full": 0.18276965196827133, "r2_5y": 0.9960388346052115, "r2_full": 0.9853399794053344, "corr_portfolio": 0.28374730084093813, "corr_benchmark": 0.6171019466889602, "alpha_pos_frac": 0.5210355987055016, "fund_max_dd": -0.5518990189682955, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "viog": {"sym": "viog", "name": "Vanguard S&P Small-Cap 600 Growth Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004289917490767888, "alpha_t_5y": -0.21569781209919872, "alpha_t_full": 0.28296639886542635, "r2_5y": 0.9523894539355884, "r2_full": 0.89839540390512, "corr_portfolio": 0.2791857910644733, "corr_benchmark": 0.5315704279691736, "alpha_pos_frac": 0.4731182795698925, "fund_max_dd": -0.41731419505594536, "first": "2010-09-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vipix": {"sym": "vipix", "name": "Vanguard Inflation-Protected Securities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008275111387084578, "alpha_t_5y": 0.6487168672519282, "alpha_t_full": 0.49343955834116465, "r2_5y": 0.735578578523596, "r2_full": 0.6449516663733645, "corr_portfolio": -0.06734076346076816, "corr_benchmark": 0.6159921775046983, "alpha_pos_frac": 0.5387931034482759, "fund_max_dd": -0.1503562910023497, "first": "2003-12-16", "verdict": "weak/unstable alpha", "alpha_name": false}, "visgx": {"sym": "visgx", "name": "Vanguard Small-Cap Growth Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.03961558605764934, "alpha_t_5y": -1.6424401692427266, "alpha_t_full": 0.3790113871429005, "r2_5y": 0.9416970086929967, "r2_full": 0.9324096351588852, "corr_portfolio": 0.16604519203634072, "corr_benchmark": 0.6034370603785812, "alpha_pos_frac": 0.4913294797687861, "fund_max_dd": -0.5874322038175565, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vistx": {"sym": "vistx", "name": "Vanguard Institutional Short-Term Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0011090884605250376, "alpha_t_5y": -0.25892290240343807, "alpha_t_full": 3.0294115326936706, "r2_5y": 0.7922365603397037, "r2_full": 0.6984783032515685, "corr_portfolio": -0.1266147842997812, "corr_benchmark": 0.44746407897823876, "alpha_pos_frac": 0.546875, "fund_max_dd": -0.056323532932057496, "first": "2015-06-22", "verdict": "weak/unstable alpha", "alpha_name": false}, "visvx": {"sym": "visvx", "name": "Vanguard Small-Cap Value Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.015446751424032835, "alpha_t_5y": 0.7832430586699031, "alpha_t_full": 1.624997266185437, "r2_5y": 0.9436614779335866, "r2_full": 0.9385885507053408, "corr_portfolio": 0.35676861226563966, "corr_benchmark": 0.5201065539688904, "alpha_pos_frac": 0.45525291828793774, "fund_max_dd": -0.6214664969133442, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vitax": {"sym": "vitax", "name": "Vanguard Information Technology Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020615758365191417, "alpha_t_5y": 0.8437034904431964, "alpha_t_full": -0.11433749635050725, "r2_5y": 0.9488427910070357, "r2_full": 0.9496485013892845, "corr_portfolio": 0.15453910915406238, "corr_benchmark": 0.5969401799797391, "alpha_pos_frac": 0.49416342412451364, "fund_max_dd": -0.5481179696728031, "first": "2004-02-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vitnx": {"sym": "vitnx", "name": "Vanguard Institutional Total Stock Market Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0038897200010494103, "alpha_t_5y": -0.761602436077079, "alpha_t_full": 0.646993975340514, "r2_5y": 0.9950257228181584, "r2_full": 0.9885063207587786, "corr_portfolio": 0.2750054586256891, "corr_benchmark": 0.6207931119587822, "alpha_pos_frac": 0.5085910652920962, "fund_max_dd": -0.5531933539904998, "first": "2001-09-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vitsx": {"sym": "vitsx", "name": "Vanguard Total Stock Market Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004106430190923948, "alpha_t_5y": -0.80419410520419, "alpha_t_full": 0.4634531934340572, "r2_5y": 0.9950274543775502, "r2_full": 0.9852760769170142, "corr_portfolio": 0.27535542786640077, "corr_benchmark": 0.620777351600336, "alpha_pos_frac": 0.49828178694158076, "fund_max_dd": -0.5530321626255595, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vklmx": {"sym": "vklmx", "name": "INVESCO INTERMEDIATE TERM MUNICIPAL INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007910587053182703, "alpha_t_5y": 0.7457071709196298, "alpha_t_full": 7.344863965116787, "r2_5y": 0.3892786067714037, "r2_full": 2.7755575615628914e-15, "corr_portfolio": 0.05755602584056815, "corr_benchmark": 0.3314104144804477, "alpha_pos_frac": 0.5953757225433526, "fund_max_dd": -0.13494751930836657, "first": "1993-06-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vkmgx": {"sym": "vkmgx", "name": "Invesco Quality Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00644514762475346, "alpha_t_5y": -1.0438346656487878, "alpha_t_full": 6.013497107795818, "r2_5y": 0.9444277712029936, "r2_full": 2.1094237467877974e-15, "corr_portfolio": -0.06267054270340533, "corr_benchmark": 0.6358936252172852, "alpha_pos_frac": 0.4682080924855491, "fund_max_dd": -0.1894031127224901, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vkmmx": {"sym": "vkmmx", "name": "INVESCO MUNICIPAL INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0009610248660255685, "alpha_t_5y": 0.06128121232812193, "alpha_t_full": 6.231834008403867, "r2_5y": 0.3858252704950732, "r2_full": -1.9984014443252818e-15, "corr_portfolio": 0.04772318921346053, "corr_benchmark": 0.3425781103529545, "alpha_pos_frac": 0.5895953757225434, "fund_max_dd": -0.21196864411295024, "first": "1990-08-01", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vlaax": {"sym": "vlaax", "name": "VALUE LINE ASSET ALLOCATION FUND INC", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04082833177332194, "alpha_t_5y": -1.7231596285992083, "alpha_t_full": 3.7057786750368615, "r2_5y": 0.7764033319535685, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.1998967703459434, "corr_benchmark": 0.6700321494893955, "alpha_pos_frac": 0.6175298804780877, "fund_max_dd": -0.4400750524259218, "first": "1993-08-25", "verdict": "weak/unstable alpha", "alpha_name": false}, "vlcax": {"sym": "vlcax", "name": "Vanguard Large-Cap Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01888270779523771, "alpha_t_5y": -2.3294686925330264, "alpha_t_full": 0.13986373497045293, "r2_5y": 0.9918951157375452, "r2_full": 0.990229939893407, "corr_portfolio": 0.2718996195422153, "corr_benchmark": 0.6192376051629869, "alpha_pos_frac": 0.44, "fund_max_dd": -0.5475807720205118, "first": "2004-02-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vlcix": {"sym": "vlcix", "name": "Vanguard Long-Term Corporate Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.000974922748772443, "alpha_t_5y": -0.11943417259569869, "alpha_t_full": -1.9154332630705961, "r2_5y": 0.9724414602040699, "r2_full": 0.9131009989737465, "corr_portfolio": -0.05227929742699147, "corr_benchmark": 0.749233290038932, "alpha_pos_frac": 0.44508670520231214, "fund_max_dd": -0.34555998185079617, "first": "2009-11-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vleox": {"sym": "vleox", "name": "Value Line Small Cap Opportunities Fund, Inc.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01165066448286776, "alpha_t_5y": -0.4004924617502871, "alpha_t_full": 3.4201531741970395, "r2_5y": 0.8712979777833791, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.25755217498056376, "corr_benchmark": 0.5595242368123768, "alpha_pos_frac": 0.5387931034482759, "fund_max_dd": -0.5585559167764317, "first": "1993-06-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vlgsx": {"sym": "vlgsx", "name": "Vanguard Long-Term Treasury Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0026860786343613306, "alpha_t_5y": 0.5211118991911504, "alpha_t_full": -0.4873300032538083, "r2_5y": 0.992709274580605, "r2_full": 0.9857454056588666, "corr_portfolio": -0.19428646025749488, "corr_benchmark": 0.6458877081192715, "alpha_pos_frac": 0.5144508670520231, "fund_max_dd": -0.46244792417523584, "first": "2009-11-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vlifx": {"sym": "vlifx", "name": "VALUE LINE MID CAP FOCUSED FUND, INC.", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.036733835611042286, "alpha_t_5y": -1.1941933336806712, "alpha_t_full": 3.139986561838953, "r2_5y": 0.8087222222407795, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.25622088491850026, "corr_benchmark": 0.5968965430180114, "alpha_pos_frac": 0.5689655172413793, "fund_max_dd": -0.614224766482662, "first": "1990-01-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "vlxvx": {"sym": "vlxvx", "name": "Vanguard Target Retirement 2065 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0016542686971419036, "alpha_t_5y": 0.17908435907583578, "alpha_t_full": -0.15305575599570212, "r2_5y": 0.9760558153599452, "r2_full": 0.9841261896704196, "corr_portfolio": 0.2875060079977073, "corr_benchmark": 0.6649561492715302, "alpha_pos_frac": 0.5865384615384616, "fund_max_dd": -0.3141933758988561, "first": "2017-07-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vmatx": {"sym": "vmatx", "name": "Vanguard Massachusetts Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0014904264408252094, "alpha_t_5y": 0.10136457123572917, "alpha_t_full": 4.417818177468029, "r2_5y": 0.3911425931931224, "r2_full": -1.5543122344752192e-15, "corr_portfolio": 0.020428388208864622, "corr_benchmark": 0.3562455477296413, "alpha_pos_frac": 0.5525291828793775, "fund_max_dd": -0.1590875874873462, "first": "1998-12-10", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vmbsx": {"sym": "vmbsx", "name": "Vanguard Mortgage-Backed Securities Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00010058853004806077, "alpha_t_5y": -0.05558139443631741, "alpha_t_full": -0.5779453712798727, "r2_5y": 0.9950698829136426, "r2_full": 0.9894354139626159, "corr_portfolio": -0.10012594510203612, "corr_benchmark": 0.6697568289812329, "alpha_pos_frac": 0.6871794871794872, "fund_max_dd": -0.17432997157902597, "first": "2009-11-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vmctx": {"sym": "vmctx", "name": "Vanguard Mega Cap Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00023467070680531027, "alpha_t_5y": 0.041326429173871415, "alpha_t_full": 1.189435873911358, "r2_5y": 0.9938426707472464, "r2_full": 0.992771013583603, "corr_portfolio": 0.2651257963385773, "corr_benchmark": 0.6175401924403541, "alpha_pos_frac": 0.46788990825688076, "fund_max_dd": -0.5199800355346846, "first": "2007-12-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vmfgx": {"sym": "vmfgx", "name": "Vanguard S&P Mid-Cap 400 Growth Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.020169256816924323, "alpha_t_5y": -0.8358176707352748, "alpha_t_full": -0.48255793635857774, "r2_5y": 0.9229000975273735, "r2_full": 0.9397269692363195, "corr_portfolio": 0.27679036184287487, "corr_benchmark": 0.5931893053858572, "alpha_pos_frac": 0.5161290322580645, "fund_max_dd": -0.39151686434908195, "first": "2010-09-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vmfvx": {"sym": "vmfvx", "name": "Vanguard S&P Mid-Cap 400 Value Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.016241153180972658, "alpha_t_5y": 0.7060198055758379, "alpha_t_full": 1.1593522263130218, "r2_5y": 0.9210873429197034, "r2_full": 0.9384241010563172, "corr_portfolio": 0.35194324351038736, "corr_benchmark": 0.514683261789779, "alpha_pos_frac": 0.4838709677419355, "fund_max_dd": -0.45785542838291815, "first": "2010-09-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vmgax": {"sym": "vmgax", "name": "Vanguard Mega Cap Growth Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01609447835428845, "alpha_t_5y": -1.0993704488255867, "alpha_t_full": -1.347165660904356, "r2_5y": 0.9764632058677434, "r2_full": 0.9724483978038858, "corr_portfolio": 0.14741697328371686, "corr_benchmark": 0.6251817215182789, "alpha_pos_frac": 0.5, "fund_max_dd": -0.4796504415146021, "first": "2007-12-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vmgix": {"sym": "vmgix", "name": "Vanguard Mid-Cap Growth Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05716764863870527, "alpha_t_5y": -1.9578569379150161, "alpha_t_full": -1.6873362696968586, "r2_5y": 0.8956128483785896, "r2_full": 0.9226018852715971, "corr_portfolio": 0.17228320033077044, "corr_benchmark": 0.623876426477844, "alpha_pos_frac": 0.5170940170940171, "fund_max_dd": -0.6020100833784888, "first": "2006-08-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vmgrx": {"sym": "vmgrx", "name": "Vanguard Mid-Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09184227001931673, "alpha_t_5y": -2.7018574544318157, "alpha_t_full": -1.5493419292449349, "r2_5y": 0.8825615688238859, "r2_full": 0.9019417800769566, "corr_portfolio": 0.1557125359142105, "corr_benchmark": 0.6088470142810724, "alpha_pos_frac": 0.5223367697594502, "fund_max_dd": -0.7173912174007164, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vmiax": {"sym": "vmiax", "name": "Vanguard Materials Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.035267454461965275, "alpha_t_5y": -0.9224624687348576, "alpha_t_full": 0.48767410665893995, "r2_5y": 0.7924713473057347, "r2_full": 0.8163925103017067, "corr_portfolio": 0.3405648190296342, "corr_benchmark": 0.5066994242284584, "alpha_pos_frac": 0.49327354260089684, "fund_max_dd": -0.6217011672641327, "first": "2004-02-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "vmltx": {"sym": "vmltx", "name": "Vanguard Limited-Term Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0010412312379910102, "alpha_t_5y": 0.14792422247581738, "alpha_t_full": 11.60173849308099, "r2_5y": 0.3886462803873336, "r2_full": 1.3322676295501878e-15, "corr_portfolio": 0.05623613509083528, "corr_benchmark": 0.29034509672538, "alpha_pos_frac": 0.4797687861271676, "fund_max_dd": -0.06411351300071522, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vmmsx": {"sym": "vmmsx", "name": "Vanguard Emerging Markets Select Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.010518628547606544, "alpha_t_5y": -0.5105901689989659, "alpha_t_full": -0.3747861905692121, "r2_5y": 0.928402453270241, "r2_full": 0.9173807593816725, "corr_portfolio": 0.3137390159673667, "corr_benchmark": 0.4586154804780673, "alpha_pos_frac": 0.5852272727272727, "fund_max_dd": -0.39283499298224345, "first": "2011-06-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vmnix": {"sym": "vmnix", "name": "Vanguard Market Neutral Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.12912065637455916, "alpha_t_5y": 4.361786874321171, "alpha_t_full": 2.5879167048776455, "r2_5y": 0.029380364668611603, "r2_full": -1.1102230246251565e-15, "corr_portfolio": 0.3467529140312448, "corr_benchmark": -0.018030253731384765, "alpha_pos_frac": 0.5055762081784386, "fund_max_dd": -0.25345525956682635, "first": "1998-10-27", "verdict": "alpha, but correlated with current portfolio", "alpha_name": true}, "vmvfx": {"sym": "vmvfx", "name": "Vanguard Global Minimum Volatility Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.015630202933733094, "alpha_t_5y": 0.8261846943991876, "alpha_t_full": 1.3752110874887329, "r2_5y": 0.769443847527507, "r2_full": 0.8663075702667002, "corr_portfolio": 0.38034455341253026, "corr_benchmark": 0.5524580799255132, "alpha_pos_frac": 0.5821917808219178, "fund_max_dd": -0.33091638538294343, "first": "2013-12-16", "verdict": "weak/unstable alpha", "alpha_name": false}, "vmvix": {"sym": "vmvix", "name": "Vanguard Mid-Cap Value Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01542496338987499, "alpha_t_5y": 0.8378780267019831, "alpha_t_full": 1.6890188609776131, "r2_5y": 0.924662726760103, "r2_full": 0.9472770318973053, "corr_portfolio": 0.3876209537874597, "corr_benchmark": 0.5341417959271363, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.616052167097366, "first": "2006-08-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vmvlx": {"sym": "vmvlx", "name": "Vanguard Mega Cap Value Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.028704923901247244, "alpha_t_5y": 1.6223608377587335, "alpha_t_full": 1.9635928156804254, "r2_5y": 0.9029811735009474, "r2_full": 0.9564090212635543, "corr_portfolio": 0.412132387575641, "corr_benchmark": 0.5183211430246757, "alpha_pos_frac": 0.5, "fund_max_dd": -0.5578783994940124, "first": "2007-12-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vnjtx": {"sym": "vnjtx", "name": "Vanguard New Jersey Long-Term Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007068419354172839, "alpha_t_5y": 0.501312540430802, "alpha_t_full": 7.384433285298596, "r2_5y": 0.41385955415228826, "r2_full": -4.440892098500626e-16, "corr_portfolio": 0.031735451890282165, "corr_benchmark": 0.36454291448678094, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.15708238848034473, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vnvax": {"sym": "vnvax", "name": "Vaughan Nelson Mid Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0027107534842331165, "alpha_t_5y": 0.08818626010711185, "alpha_t_full": 0.009799002250808516, "r2_5y": 0.8506336801508784, "r2_full": 0.917212566651913, "corr_portfolio": 0.32841835713127177, "corr_benchmark": 0.5406463913699395, "alpha_pos_frac": 0.46153846153846156, "fund_max_dd": -0.4282645797810586, "first": "2008-11-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vnytx": {"sym": "vnytx", "name": "Vanguard New York Long-Term Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007596774597048336, "alpha_t_5y": 0.5077528495637104, "alpha_t_full": 7.105378241538393, "r2_5y": 0.4014402396431963, "r2_full": 2.6645352591003757e-15, "corr_portfolio": 0.015461554327395354, "corr_benchmark": 0.3622017074181369, "alpha_pos_frac": 0.5838150289017341, "fund_max_dd": -0.1818052043396685, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vohix": {"sym": "vohix", "name": "Vanguard Ohio Long-Term Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0016112686579792916, "alpha_t_5y": 0.10793158241013757, "alpha_t_full": 7.497408352303712, "r2_5y": 0.39350278336760647, "r2_full": 1.9984014443252818e-15, "corr_portfolio": 0.0200351771992567, "corr_benchmark": 0.361965413050033, "alpha_pos_frac": 0.5642023346303502, "fund_max_dd": -0.16798107855088773, "first": "1990-06-19", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "volmx": {"sym": "volmx", "name": "Volumetric Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04122177145939664, "alpha_t_5y": -2.4329270284211018, "alpha_t_full": 3.083662534473561, "r2_5y": 0.9121089399955498, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.3122750108189457, "corr_benchmark": 0.5711808269124834, "alpha_pos_frac": 0.5067264573991032, "fund_max_dd": -0.43313625545275214, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vpadx": {"sym": "vpadx", "name": "Vanguard Pacific Stock Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004724430038228587, "alpha_t_5y": -0.16177576990409862, "alpha_t_full": 0.5796506502911356, "r2_5y": 0.8429659746715231, "r2_full": 0.737442802526417, "corr_portfolio": 0.3549183823027031, "corr_benchmark": 0.5290416950763613, "alpha_pos_frac": 0.4349775784753363, "fund_max_dd": -0.5528135902882181, "first": "2001-08-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "vpaix": {"sym": "vpaix", "name": "Vanguard Pennsylvania Long-Term Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006107146250448303, "alpha_t_5y": 0.43064570750485026, "alpha_t_full": 7.582763512785941, "r2_5y": 0.39063117892084054, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.02427301435729458, "corr_benchmark": 0.3546537593448871, "alpha_pos_frac": 0.5606936416184971, "fund_max_dd": -0.15764695873915657, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vpccx": {"sym": "vpccx", "name": "Vanguard PRIMECAP Core Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.030611589758075913, "alpha_t_5y": 1.304799982619719, "alpha_t_full": 2.478232062333111, "r2_5y": 0.9036135144986632, "r2_full": 0.9399377051394562, "corr_portfolio": 0.32006743177089503, "corr_benchmark": 0.5756330743472188, "alpha_pos_frac": 0.47085201793721976, "fund_max_dd": -0.4741222711012356, "first": "2004-12-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vpmcx": {"sym": "vpmcx", "name": "Vanguard PRIMECAP Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02384530158232268, "alpha_t_5y": 0.9914824630003826, "alpha_t_full": 4.616493975689583, "r2_5y": 0.9053902005208594, "r2_full": 0.0, "corr_portfolio": 0.28524501606862196, "corr_benchmark": 0.5860769986422867, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.5262079264985797, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vrgwx": {"sym": "vrgwx", "name": "Vanguard Russell 1000 Growth Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.022415640117162763, "alpha_t_5y": -1.579921361695219, "alpha_t_full": -1.7051674608057255, "r2_5y": 0.9754380909878368, "r2_full": 0.9762517130783013, "corr_portfolio": 0.16636926986086295, "corr_benchmark": 0.6267355963574542, "alpha_pos_frac": 0.5837837837837838, "fund_max_dd": -0.32697479357629367, "first": "2010-09-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vrnix": {"sym": "vrnix", "name": "Vanguard Russell 1000 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003088156291447265, "alpha_t_5y": -0.6003410502397423, "alpha_t_full": -0.8875701339201254, "r2_5y": 0.9948419563147158, "r2_full": 0.9956713018065362, "corr_portfolio": 0.2762399181109889, "corr_benchmark": 0.6222079752702865, "alpha_pos_frac": 0.5405405405405406, "fund_max_dd": -0.3456597080131585, "first": "2010-09-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vrtgx": {"sym": "vrtgx", "name": "Vanguard Russell 2000 Growth Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.026844141437940512, "alpha_t_5y": -1.4872319754980317, "alpha_t_full": -1.419520467123356, "r2_5y": 0.9703505659261709, "r2_full": 0.9723537542167582, "corr_portfolio": 0.18287645497640698, "corr_benchmark": 0.5629050120618453, "alpha_pos_frac": 0.5567567567567567, "fund_max_dd": -0.41926507944412705, "first": "2010-09-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vrtix": {"sym": "vrtix", "name": "Vanguard Russell 2000 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0021011761331408705, "alpha_t_5y": 0.36430285737884377, "alpha_t_full": 0.25996655625848597, "r2_5y": 0.9963288145537035, "r2_full": 0.9937944173527232, "corr_portfolio": 0.2542374927240262, "corr_benchmark": 0.5446691335961238, "alpha_pos_frac": 0.4648648648648649, "fund_max_dd": -0.4169066076042821, "first": "2010-09-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vrtpx": {"sym": "vrtpx", "name": "Vanguard Real Estate II Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0004749107132435678, "alpha_t_5y": 0.10306111416341311, "alpha_t_full": 0.033374992659336536, "r2_5y": 0.9965152230703115, "r2_full": 0.9943872791308372, "corr_portfolio": 0.21127498440583814, "corr_benchmark": 0.5868145180157349, "alpha_pos_frac": 0.49504950495049505, "fund_max_dd": -0.4233024319430697, "first": "2017-09-27", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vrttx": {"sym": "vrttx", "name": "Vanguard Russell 3000 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004368171776728777, "alpha_t_5y": -0.8631327113926014, "alpha_t_full": -0.6630195680143267, "r2_5y": 0.9950964851086025, "r2_full": 0.9961050168848518, "corr_portfolio": 0.2766996593391812, "corr_benchmark": 0.6209433233478259, "alpha_pos_frac": 0.4756756756756757, "fund_max_dd": -0.3496291742021975, "first": "2010-09-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vrtvx": {"sym": "vrtvx", "name": "Vanguard Russell 2000 Value Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03285943038227863, "alpha_t_5y": 1.8874126189839227, "alpha_t_full": 1.3119647809932033, "r2_5y": 0.9640849142467719, "r2_full": 0.9669289487199406, "corr_portfolio": 0.3161528086046489, "corr_benchmark": 0.495538939267024, "alpha_pos_frac": 0.42162162162162165, "fund_max_dd": -0.4597782178002857, "first": "2010-09-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vrvix": {"sym": "vrvix", "name": "Vanguard Russell 1000 Value Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020047709818217456, "alpha_t_5y": 1.423551362837592, "alpha_t_full": 1.7474626353886311, "r2_5y": 0.9487068980382267, "r2_full": 0.969428174705711, "corr_portfolio": 0.38559497766433143, "corr_benchmark": 0.5479555883066161, "alpha_pos_frac": 0.4486486486486487, "fund_max_dd": -0.382859579630886, "first": "2010-09-23", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vsbsx": {"sym": "vsbsx", "name": "Vanguard Short-Term Treasury Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002928739337741861, "alpha_t_5y": -0.7084607114970835, "alpha_t_full": -0.19388454383630213, "r2_5y": 0.8348024485899908, "r2_full": 0.7389802797851378, "corr_portfolio": -0.18483454847336064, "corr_benchmark": 0.4262081580156831, "alpha_pos_frac": 0.49743589743589745, "fund_max_dd": -0.05766331357868437, "first": "2009-11-24", "verdict": "weak/unstable alpha", "alpha_name": false}, "vscax": {"sym": "vscax", "name": "INVESCO SMALL CAP VALUE FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.07271490765314682, "alpha_t_5y": 1.8798966155804988, "alpha_t_full": 2.14248449071234, "r2_5y": 0.8518901339989284, "r2_full": 0.7689499976779388, "corr_portfolio": 0.33841213618364824, "corr_benchmark": 0.4091888772131473, "alpha_pos_frac": 0.4484304932735426, "fund_max_dd": -0.5777400134113657, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vscgx": {"sym": "vscgx", "name": "Vanguard LifeStrategy 40/60 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002581005266363447, "alpha_t_5y": -0.40498373421557127, "alpha_t_full": 4.821057291449701, "r2_5y": 0.9590137479985715, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.257359251880119, "corr_benchmark": 0.8150684610620371, "alpha_pos_frac": 0.6502242152466368, "fund_max_dd": -0.3064460323818289, "first": "1994-10-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vscsx": {"sym": "vscsx", "name": "Vanguard Short-Term Corporate Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01632971304058741, "alpha_t_5y": 4.987473400923947, "alpha_t_full": 3.871415264983272, "r2_5y": 0.911934829174208, "r2_full": 0.8082631631030972, "corr_portfolio": -0.019157738815631865, "corr_benchmark": 0.5795062181844455, "alpha_pos_frac": 0.49710982658959535, "fund_max_dd": -0.09354033460507793, "first": "2009-11-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vscvx": {"sym": "vscvx", "name": "Victory Integrity Small-Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02751627035268179, "alpha_t_5y": 0.5804444844563826, "alpha_t_full": 0.63538084969629, "r2_5y": 0.768703205852929, "r2_full": 0.7795649722610813, "corr_portfolio": 0.3423092506137473, "corr_benchmark": 0.44960012139599176, "alpha_pos_frac": 0.4671814671814672, "fund_max_dd": -0.6072304605306207, "first": "2004-07-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "vseqx": {"sym": "vseqx", "name": "Vanguard Strategic Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.028155908028117273, "alpha_t_5y": 1.662569633753249, "alpha_t_full": 0.883376162561036, "r2_5y": 0.9589806815425501, "r2_full": 0.9219145424910969, "corr_portfolio": 0.3320529912208788, "corr_benchmark": 0.5721979075924313, "alpha_pos_frac": 0.5043859649122807, "fund_max_dd": -0.6355280741530911, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vsfax": {"sym": "vsfax", "name": "Federated Hermes MDT Small Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01708595378897437, "alpha_t_5y": 0.742207076558359, "alpha_t_full": -1.144484836047548, "r2_5y": 0.9321869434294182, "r2_full": 0.8083808751465923, "corr_portfolio": 0.3521743341951311, "corr_benchmark": 0.4901095693941773, "alpha_pos_frac": 0.5936395759717314, "fund_max_dd": -0.7790006792120723, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vsgdx": {"sym": "vsgdx", "name": "Vanguard Short-Term Federal Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0058159812678299444, "alpha_t_5y": -0.893265617996574, "alpha_t_full": 3.6297223950773043, "r2_5y": 0.767588531367594, "r2_full": 0.6334974552492922, "corr_portfolio": -0.12201297521187225, "corr_benchmark": 0.45637352271260906, "alpha_pos_frac": 0.5144508670520231, "fund_max_dd": -0.07287175558360826, "first": "2002-07-31", "verdict": "weak/unstable alpha", "alpha_name": false}, "vsgx": {"sym": "vsgx", "name": "Vanguard ESG International Stock ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0014796898990436453, "alpha_t_5y": -0.16750032514444235, "alpha_t_full": -0.34958392555523615, "r2_5y": 0.9839584975757928, "r2_full": 0.9842571463578966, "corr_portfolio": 0.28943260181216574, "corr_benchmark": 0.6023899245315297, "alpha_pos_frac": 0.4606741573033708, "fund_max_dd": -0.3309169265377381, "first": "2018-09-21", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vsigx": {"sym": "vsigx", "name": "Vanguard Intermediate-Term Treasury Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00457958131864607, "alpha_t_5y": -1.1997597441812082, "alpha_t_full": -0.31054787575273485, "r2_5y": 0.9799735945660402, "r2_full": 0.9700925364962584, "corr_portfolio": -0.18986268111917182, "corr_benchmark": 0.582967064216918, "alpha_pos_frac": 0.517948717948718, "fund_max_dd": -0.16153768650797762, "first": "2009-11-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vsmax": {"sym": "vsmax", "name": "Vanguard Small-Cap Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.01138808819184111, "alpha_t_5y": -0.8407121801010594, "alpha_t_full": 0.8855514905976445, "r2_5y": 0.9757723687206624, "r2_full": 0.9719935621510492, "corr_portfolio": 0.2807789014246272, "corr_benchmark": 0.5755163762615952, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.5967633793166731, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vsmgx": {"sym": "vsmgx", "name": "Vanguard LifeStrategy 60/40 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0018148738810777377, "alpha_t_5y": -0.24725537554675073, "alpha_t_full": 1.3122462402157502, "r2_5y": 0.9696570413852571, "r2_full": 0.9357136955778952, "corr_portfolio": 0.29913418457003116, "corr_benchmark": 0.7162555469718144, "alpha_pos_frac": 0.6636771300448431, "fund_max_dd": -0.41116366077146593, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vsmsx": {"sym": "vsmsx", "name": "Vanguard S&P Small-Cap 600 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.017993591669788964, "alpha_t_5y": 0.9185901031127595, "alpha_t_full": 2.021148362033193, "r2_5y": 0.9535006888680404, "r2_full": 0.9680992857209557, "corr_portfolio": 0.3120650277975843, "corr_benchmark": 0.5160856346528329, "alpha_pos_frac": 0.45698924731182794, "fund_max_dd": -0.4441686306510527, "first": "2010-09-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vsmvx": {"sym": "vsmvx", "name": "Vanguard S&P Small-Cap 600 Value Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03722964375098102, "alpha_t_5y": 1.3420269999219059, "alpha_t_full": 1.877173435698937, "r2_5y": 0.9116068858464567, "r2_full": 0.9409127585802578, "corr_portfolio": 0.33646014635173976, "corr_benchmark": 0.481380047308533, "alpha_pos_frac": 0.489247311827957, "fund_max_dd": -0.4760704462065285, "first": "2010-09-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vspgx": {"sym": "vspgx", "name": "Vanguard S&P 500 Growth Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.019018786736786104, "alpha_t_5y": -1.3030700868628071, "alpha_t_full": -1.784118866412558, "r2_5y": 0.9735588337939131, "r2_full": 0.9771644256823473, "corr_portfolio": 0.1886633291859922, "corr_benchmark": 0.625095546129812, "alpha_pos_frac": 0.5698924731182796, "fund_max_dd": -0.32733821979257915, "first": "2010-09-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vspmx": {"sym": "vspmx", "name": "Vanguard S&P Mid-Cap 400 Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007410512102593472, "alpha_t_5y": -0.3960857320489901, "alpha_t_full": 0.3031639602552799, "r2_5y": 0.9487233251627343, "r2_full": 0.9587018507816958, "corr_portfolio": 0.3216474330781256, "corr_benchmark": 0.5646414154034674, "alpha_pos_frac": 0.5376344086021505, "fund_max_dd": -0.4203791992908298, "first": "2010-09-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vspvx": {"sym": "vspvx", "name": "Vanguard S&P 500 Value Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01732251104327049, "alpha_t_5y": 1.064085907232252, "alpha_t_full": 1.5549211009745656, "r2_5y": 0.926882831366885, "r2_full": 0.9608820597586771, "corr_portfolio": 0.38060913346117425, "corr_benchmark": 0.5391242801239532, "alpha_pos_frac": 0.45161290322580644, "fund_max_dd": -0.3705137827407817, "first": "2010-09-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vstcx": {"sym": "vstcx", "name": "Vanguard Strategic Small-Cap Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.05306101183711186, "alpha_t_5y": 3.085359292986322, "alpha_t_full": 0.7952354579124082, "r2_5y": 0.9656137055767945, "r2_full": 0.9693521626238054, "corr_portfolio": 0.3195857542741418, "corr_benchmark": 0.544189105325885, "alpha_pos_frac": 0.521551724137931, "fund_max_dd": -0.6250197460679634, "first": "2006-04-21", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtbix": {"sym": "vtbix", "name": "Vanguard Total Bond Market II Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0038368102594683487, "alpha_t_5y": 0.9472952899566228, "alpha_t_full": -3.4526954576599986, "r2_5y": 0.972246769604468, "r2_full": 0.9386985243694714, "corr_portfolio": -0.12502248693248805, "corr_benchmark": 0.6915332414705392, "alpha_pos_frac": 0.6428571428571429, "fund_max_dd": -0.1871351056281264, "first": "2011-01-24", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtcax": {"sym": "vtcax", "name": "Vanguard Communication Services Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04149117875111567, "alpha_t_5y": -0.9236983045556382, "alpha_t_full": -1.0901243355840908, "r2_5y": 0.7477739509814023, "r2_full": 0.7589177661135597, "corr_portfolio": 0.14893800175949942, "corr_benchmark": 0.5610852384159672, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.5710965797496423, "first": "2004-09-30", "verdict": "weak/unstable alpha", "alpha_name": false}, "vtclx": {"sym": "vtclx", "name": "Vanguard Tax-Managed Capital Appreciation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0037894458658983207, "alpha_t_5y": -0.728128077821589, "alpha_t_full": 0.13247982592113536, "r2_5y": 0.9947422955310171, "r2_full": 0.9871442506940995, "corr_portfolio": 0.2769438992978584, "corr_benchmark": 0.6201453211522898, "alpha_pos_frac": 0.5085910652920962, "fund_max_dd": -0.5517909357901662, "first": "2001-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vteax": {"sym": "vteax", "name": "Vanguard Tax-Exempt Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0036980442637710607, "alpha_t_5y": 0.3099919541584713, "alpha_t_full": 1.2953399743008838, "r2_5y": 0.34405891539051126, "r2_full": 0.31171172339496034, "corr_portfolio": 0.02575822374391431, "corr_benchmark": 0.3669607936915675, "alpha_pos_frac": 0.5555555555555556, "fund_max_dd": -0.127414006463751, "first": "2015-09-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "vthrx": {"sym": "vthrx", "name": "Vanguard Target Retirement 2030 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003680041059554444, "alpha_t_5y": -0.4800997399801027, "alpha_t_full": 0.07384857328703813, "r2_5y": 0.9691011514120246, "r2_full": 0.9770731328336199, "corr_portfolio": 0.31141034610191687, "corr_benchmark": 0.6799046311539243, "alpha_pos_frac": 0.5605381165919282, "fund_max_dd": -0.4957064834006045, "first": "2006-06-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtibx": {"sym": "vtibx", "name": "Vanguard Total International Bond Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0008582421742709743, "alpha_t_5y": -0.08128429258214853, "alpha_t_full": 1.703717106577376, "r2_5y": 0.6686835066804049, "r2_full": 0.5866627930338932, "corr_portfolio": -0.11865696441610563, "corr_benchmark": 0.5716822140513137, "alpha_pos_frac": 0.5294117647058824, "fund_max_dd": -0.16167803353931165, "first": "2013-06-05", "verdict": "weak/unstable alpha", "alpha_name": false}, "vtilx": {"sym": "vtilx", "name": "Vanguard Total International Bond II Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00032932665435100866, "alpha_t_5y": 0.031076232988291277, "alpha_t_full": 0.031076232988291277, "r2_5y": 0.673586907167935, "r2_full": 0.673586907167935, "corr_portfolio": -0.14604178465666257, "corr_benchmark": 0.6302506990686522, "alpha_pos_frac": 0.5, "fund_max_dd": -0.15853861250569834, "first": "2021-02-26", "verdict": "weak/unstable alpha", "alpha_name": false}, "vtinx": {"sym": "vtinx", "name": "Vanguard Target Retirement Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005056200316772759, "alpha_t_5y": 0.9008740531295844, "alpha_t_full": 0.8557196962729513, "r2_5y": 0.951249900839117, "r2_full": 0.9390510224816849, "corr_portfolio": 0.2402167985860722, "corr_benchmark": 0.8462247149037435, "alpha_pos_frac": 0.5560538116591929, "fund_max_dd": -0.1995833322686671, "first": "2003-10-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtipx": {"sym": "vtipx", "name": "Vanguard Short-Term Inflation-Protected Securities Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.02303294013764402, "alpha_t_5y": 3.4698029495399707, "alpha_t_full": 3.938075485654707, "r2_5y": 0.6342042220446052, "r2_full": 0.5996852230434012, "corr_portfolio": 0.02140292013081275, "corr_benchmark": 0.45290991436560396, "alpha_pos_frac": 0.49375, "fund_max_dd": -0.053597850594010676, "first": "2012-10-17", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vtivx": {"sym": "vtivx", "name": "Vanguard Target Retirement 2045 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0028236287511592875, "alpha_t_5y": -0.3039271715807202, "alpha_t_full": -0.5869534649566717, "r2_5y": 0.9732717127066233, "r2_full": 0.982585471194418, "corr_portfolio": 0.3234439736888114, "corr_benchmark": 0.6291604069758615, "alpha_pos_frac": 0.5291479820627802, "fund_max_dd": -0.5169281004608544, "first": "2003-10-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtmfx": {"sym": "vtmfx", "name": "Vanguard Tax-Managed Balanced Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0018064718089858733, "alpha_t_5y": 0.3112862718054636, "alpha_t_full": 4.869661079017087, "r2_5y": 0.9735119929516306, "r2_full": 0.9560710482026639, "corr_portfolio": 0.2695326043888985, "corr_benchmark": 0.6652157740143153, "alpha_pos_frac": 0.5333333333333333, "fund_max_dd": -0.28491249156825094, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtmgx": {"sym": "vtmgx", "name": "Vanguard Developed Markets Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0033427398869120342, "alpha_t_5y": 0.2724080398437037, "alpha_t_full": 1.0824927156238058, "r2_5y": 0.9666708275070959, "r2_full": 0.9333280179261896, "corr_portfolio": 0.3886836498028451, "corr_benchmark": 0.548984336851371, "alpha_pos_frac": 0.5336322869955157, "fund_max_dd": -0.6057720213605557, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtmsx": {"sym": "vtmsx", "name": "Vanguard Tax-Managed Small-Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01864122011558749, "alpha_t_5y": 0.9159137637557996, "alpha_t_full": 1.6989283425830861, "r2_5y": 0.9497696293635773, "r2_full": 0.954484483727986, "corr_portfolio": 0.31256998437074196, "corr_benchmark": 0.5153200693532384, "alpha_pos_frac": 0.48627450980392156, "fund_max_dd": -0.5783736850439216, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtrix": {"sym": "vtrix", "name": "Vanguard International Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006800981724877942, "alpha_t_5y": 0.4258033866417116, "alpha_t_full": 2.677553552283708, "r2_5y": 0.9417117123069337, "r2_full": 2.220446049250313e-16, "corr_portfolio": 0.39601096678569775, "corr_benchmark": 0.5135755141288082, "alpha_pos_frac": 0.48760330578512395, "fund_max_dd": -0.5940133123335132, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtthx": {"sym": "vtthx", "name": "Vanguard Target Retirement 2035 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003286847728602785, "alpha_t_5y": -0.3980188625750522, "alpha_t_full": -0.1077672201527698, "r2_5y": 0.9702925738833057, "r2_full": 0.9717496815137276, "corr_portfolio": 0.31797547499955486, "corr_benchmark": 0.6574695141556004, "alpha_pos_frac": 0.5246636771300448, "fund_max_dd": -0.517603503163558, "first": "2003-10-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vttsx": {"sym": "vttsx", "name": "Vanguard Target Retirement 2060 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0017633384206222399, "alpha_t_5y": 0.1872668047574867, "alpha_t_full": 0.2225088471744029, "r2_5y": 0.9750855028311565, "r2_full": 0.9863256071999015, "corr_portfolio": 0.32293079582339435, "corr_benchmark": 0.6292133130402836, "alpha_pos_frac": 0.5562130177514792, "fund_max_dd": -0.31379046246520303, "first": "2012-01-20", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vttvx": {"sym": "vttvx", "name": "Vanguard Target Retirement 2025 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002811737555248849, "alpha_t_5y": -0.38544402161559566, "alpha_t_full": -0.09366389907645457, "r2_5y": 0.9636088252561967, "r2_full": 0.9588945158974622, "corr_portfolio": 0.30578926886391444, "corr_benchmark": 0.7016894973059606, "alpha_pos_frac": 0.5515695067264574, "fund_max_dd": -0.46028320906436127, "first": "2003-10-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtwix": {"sym": "vtwix", "name": "Vanguard Total World Stock Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.004087010379393663, "alpha_t_5y": -0.7529592219929714, "alpha_t_full": -1.6776076079244309, "r2_5y": 0.9932476649906369, "r2_full": 0.9912151010748966, "corr_portfolio": 0.32681755941687407, "corr_benchmark": 0.6143653686263622, "alpha_pos_frac": 0.5801886792452831, "fund_max_dd": -0.4982360408240053, "first": "2008-06-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vtwnx": {"sym": "vtwnx", "name": "Vanguard Target Retirement 2020 Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0003321530081767246, "alpha_t_5y": -0.04963246638236623, "alpha_t_full": 0.48923095604524064, "r2_5y": 0.9538094979183783, "r2_full": 0.9592879378291321, "corr_portfolio": 0.2969375253886816, "corr_benchmark": 0.7275732219962466, "alpha_pos_frac": 0.5605381165919282, "fund_max_dd": -0.4215889088394861, "first": "2006-06-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vubfx": {"sym": "vubfx", "name": "Vanguard Ultra-Short-Term Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01367030211667184, "alpha_t_5y": 3.735785958635128, "alpha_t_full": 5.887812878073768, "r2_5y": 0.44503924963245445, "r2_full": 0.2811965744383753, "corr_portfolio": -0.0651460131101852, "corr_benchmark": 0.2709540150667939, "alpha_pos_frac": 0.45864661654135336, "fund_max_dd": -0.01850422302817223, "first": "2015-02-11", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "vuiax": {"sym": "vuiax", "name": "Vanguard Utilities Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005806172329839955, "alpha_t_5y": 0.11356863632266608, "alpha_t_full": 0.9762670350716189, "r2_5y": 0.49289694131495077, "r2_full": 0.5252087873063604, "corr_portfolio": 0.22969493456982634, "corr_benchmark": 0.4673346963428161, "alpha_pos_frac": 0.545816733067729, "fund_max_dd": -0.4628720209011963, "first": "2004-02-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "vusb": {"sym": "vusb", "name": "Vanguard Ultra-Short Bond ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.013280341909039865, "alpha_t_5y": 4.420683983114548, "alpha_t_full": 4.420683983114548, "r2_5y": 0.5479547413878423, "r2_full": 0.5479547413878423, "corr_portfolio": -0.07652550808720006, "corr_benchmark": 0.5034207261786696, "alpha_pos_frac": 0.5932203389830508, "fund_max_dd": -0.017943220689283335, "first": "2021-04-08", "verdict": "CANDIDATE - idiosyncratic alpha, complements portfolio", "alpha_name": false}, "vusux": {"sym": "vusux", "name": "Vanguard Long-Term Treasury Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0010954923276211659, "alpha_t_5y": 0.18630872974957596, "alpha_t_full": -1.1009518409783912, "r2_5y": 0.9905712441087945, "r2_full": 0.9669333602582338, "corr_portfolio": -0.18795873272246771, "corr_benchmark": 0.6453710189901769, "alpha_pos_frac": 0.48554913294797686, "fund_max_dd": -0.46045183259250755, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vviax": {"sym": "vviax", "name": "Vanguard Value Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.028208036903276886, "alpha_t_5y": 1.727451931348108, "alpha_t_full": -0.24081283470324483, "r2_5y": 0.9212823335507475, "r2_full": 0.9309294205086476, "corr_portfolio": 0.412555843499971, "corr_benchmark": 0.523524652209541, "alpha_pos_frac": 0.48878923766816146, "fund_max_dd": -0.5931914956967199, "first": "2000-11-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vvoax": {"sym": "vvoax", "name": "INVESCO VALUE OPPORTUNITIES FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.057873371312299235, "alpha_t_5y": 1.596240371244019, "alpha_t_full": 0.39586788159484015, "r2_5y": 0.8395570873542513, "r2_full": 0.7981351960701439, "corr_portfolio": 0.37626618326892136, "corr_benchmark": 0.4366974520704585, "alpha_pos_frac": 0.515695067264574, "fund_max_dd": -0.6207228784187142, "first": "2001-06-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "vwahx": {"sym": "vwahx", "name": "Vanguard High-Yield Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.009415516586158268, "alpha_t_5y": 0.6369502416169052, "alpha_t_full": 8.001461291474667, "r2_5y": 0.41654481381163033, "r2_full": 2.9976021664879227e-15, "corr_portfolio": 0.03616473918305589, "corr_benchmark": 0.3571636460723977, "alpha_pos_frac": 0.5722543352601156, "fund_max_dd": -0.2068354768368117, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vweax": {"sym": "vweax", "name": "Vanguard High-Yield Corporate Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018298347634577383, "alpha_t_5y": 1.5926789717546233, "alpha_t_full": 5.198674968519136, "r2_5y": 0.6683882113104858, "r2_full": 0.11983174547938458, "corr_portfolio": 0.28978903780252924, "corr_benchmark": 0.4522857065442789, "alpha_pos_frac": 0.4797687861271676, "fund_max_dd": -0.3002941199497874, "first": "2001-11-13", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vwenx": {"sym": "vwenx", "name": "VANGUARD WELLINGTON FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0033151415094878874, "alpha_t_5y": 0.3776865332602855, "alpha_t_full": 4.272701672421813, "r2_5y": 0.9643400073196198, "r2_full": 0.9399569799030046, "corr_portfolio": 0.29577518755800203, "corr_benchmark": 0.7036610350843094, "alpha_pos_frac": 0.5491329479768786, "fund_max_dd": -0.36017632057011195, "first": "2001-05-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vwetx": {"sym": "vwetx", "name": "Vanguard Long-Term Investment-Grade Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0032268428948541866, "alpha_t_5y": -0.5670205901412504, "alpha_t_full": -2.797748614466781, "r2_5y": 0.9871159683049129, "r2_full": 0.9221189785986101, "corr_portfolio": -0.07045586325810717, "corr_benchmark": 0.7351043858464672, "alpha_pos_frac": 0.4393063583815029, "fund_max_dd": -0.3569722697926637, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vwiax": {"sym": "vwiax", "name": "VANGUARD WELLESLEY INCOME FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.010536642929078877, "alpha_t_5y": 1.2871798880040626, "alpha_t_full": 2.5989582742891186, "r2_5y": 0.9188954159048368, "r2_full": 0.8966791697264672, "corr_portfolio": 0.32748252476382067, "corr_benchmark": 0.8166590050971356, "alpha_pos_frac": 0.5028901734104047, "fund_max_dd": -0.216410511632796, "first": "2002-07-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vwicx": {"sym": "vwicx", "name": "Vanguard International Core Stock Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.020930173396218228, "alpha_t_5y": 1.3316984800998966, "alpha_t_full": 1.268066748280599, "r2_5y": 0.9421666431547828, "r2_full": 0.9452198889908253, "corr_portfolio": 0.3762935125132009, "corr_benchmark": 0.554904760819798, "alpha_pos_frac": 0.5714285714285714, "fund_max_dd": -0.34372139131353174, "first": "2019-09-25", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vwilx": {"sym": "vwilx", "name": "Vanguard International Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07782193238003143, "alpha_t_5y": -2.645664446003809, "alpha_t_full": 0.48497783845849085, "r2_5y": 0.9018224694292198, "r2_full": 0.8487823582358727, "corr_portfolio": 0.1870366840707424, "corr_benchmark": 0.5726303775755265, "alpha_pos_frac": 0.515695067264574, "fund_max_dd": -0.5949231713886121, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vwitx": {"sym": "vwitx", "name": "Vanguard Intermediate-Term Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.008422365809641279, "alpha_t_5y": 0.8434851465573999, "alpha_t_full": 8.903743668664982, "r2_5y": 0.42403763135517347, "r2_full": 6.661338147750939e-16, "corr_portfolio": 0.03488133692865137, "corr_benchmark": 0.3435564200411563, "alpha_pos_frac": 0.5433526011560693, "fund_max_dd": -0.2069702105025527, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vwltx": {"sym": "vwltx", "name": "Vanguard Long-Term Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0035791032365086292, "alpha_t_5y": 0.2490132240117926, "alpha_t_full": 6.987411400887962, "r2_5y": 0.39932496925772565, "r2_full": -1.1102230246251565e-15, "corr_portfolio": 0.019307188177131788, "corr_benchmark": 0.3571255858539819, "alpha_pos_frac": 0.5603112840466926, "fund_max_dd": -0.2691671029737639, "first": "1990-01-03", "verdict": "CANDIDATE (semi-alpha: mostly explained by net exposure)", "alpha_name": false}, "vwnax": {"sym": "vwnax", "name": "Vanguard Windsor II Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.006822448461695748, "alpha_t_5y": 0.4986108776523454, "alpha_t_full": 0.7431293100850755, "r2_5y": 0.9560433508811242, "r2_full": 0.9595415992175754, "corr_portfolio": 0.35137113349501886, "corr_benchmark": 0.5664380900414621, "alpha_pos_frac": 0.49327354260089684, "fund_max_dd": -0.5750965270803856, "first": "2001-05-15", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vwnex": {"sym": "vwnex", "name": "Vanguard Windsor Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.01289354132304095, "alpha_t_5y": 0.7282762817494421, "alpha_t_full": -0.15724682342543742, "r2_5y": 0.9293620883651572, "r2_full": 0.9366781049199648, "corr_portfolio": 0.38830494833276236, "corr_benchmark": 0.5107238302511219, "alpha_pos_frac": 0.5106382978723404, "fund_max_dd": -0.6140599906331099, "first": "2001-11-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vwstx": {"sym": "vwstx", "name": "Vanguard Ultra-Short-Term Tax-Exempt Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.018865025061150564, "alpha_t_5y": 5.199385039696665, "alpha_t_full": 14.872985619429034, "r2_5y": 0.366775245623412, "r2_full": -2.4424906541753444e-15, "corr_portfolio": 0.0723430002057971, "corr_benchmark": 0.24087949631072206, "alpha_pos_frac": 0.4393063583815029, "fund_max_dd": -0.03075957200809265, "first": "1990-01-03", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "vwuax": {"sym": "vwuax", "name": "Vanguard U.S. Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.07338631278871953, "alpha_t_5y": -2.7670833257234615, "alpha_t_full": -1.852364618667273, "r2_5y": 0.9354415876591565, "r2_full": 0.924278051343363, "corr_portfolio": 0.10013715734657057, "corr_benchmark": 0.6173466006527826, "alpha_pos_frac": 0.5964125560538116, "fund_max_dd": -0.5036963395861764, "first": "2001-08-14", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vymi": {"sym": "vymi", "name": "Vanguard International High Dividend Yield Index Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.04714151248202295, "alpha_t_5y": 3.383198657417, "alpha_t_full": 2.3289724760884836, "r2_5y": 0.9496255421762141, "r2_full": 0.9571379062331685, "corr_portfolio": 0.4363807884029878, "corr_benchmark": 0.5125469002383687, "alpha_pos_frac": 0.5, "fund_max_dd": -0.39996412767977396, "first": "2016-03-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vymqx": {"sym": "vymqx", "name": "Voya MI Dynamic SMID Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008987716315561544, "alpha_t_5y": -0.36832015416932884, "alpha_t_full": -0.5534021936708979, "r2_5y": 0.9174399668754948, "r2_full": 0.9359397595743281, "corr_portfolio": 0.3119211161278311, "corr_benchmark": 0.5943934142511275, "alpha_pos_frac": 0.5657894736842105, "fund_max_dd": -0.436823217568179, "first": "2019-11-12", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "vysgx": {"sym": "vysgx", "name": "Voya MI Dynamic Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.012543429843001956, "alpha_t_5y": -0.46230277604403325, "alpha_t_full": -0.3063343725956296, "r2_5y": 0.9155974077184615, "r2_full": 0.9322647475562548, "corr_portfolio": 0.2720052532492217, "corr_benchmark": 0.57706437112028, "alpha_pos_frac": 0.5263157894736842, "fund_max_dd": -0.43248539597154967, "first": "2019-11-12", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "waaex": {"sym": "waaex", "name": "Wasatch Small Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.12230765212903232, "alpha_t_5y": -3.041005116669023, "alpha_t_full": 3.4882333742774603, "r2_5y": 0.858264705169864, "r2_full": 0.0, "corr_portfolio": 0.13770366726407662, "corr_benchmark": 0.5704164771220015, "alpha_pos_frac": 0.5112107623318386, "fund_max_dd": -0.5647608723989028, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "waarx": {"sym": "waarx", "name": "Western Asset Total Return Unconstrained Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.04124647808202069, "alpha_t_5y": -2.7972501412572885, "alpha_t_full": -0.266301020576037, "r2_5y": 0.5573369366558099, "r2_full": 0.5028569018300632, "corr_portfolio": 0.1435629039936486, "corr_benchmark": 0.5114434585100575, "alpha_pos_frac": 0.5384615384615384, "fund_max_dd": -0.23296497029892382, "first": "2006-07-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "wabmx": {"sym": "wabmx", "name": "Wilmington Broad Market Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.00011877414231340161, "alpha_t_5y": 0.027205715133946862, "alpha_t_full": 4.785940715326178, "r2_5y": 0.9640218007386177, "r2_full": 6.661338147750939e-16, "corr_portfolio": -0.10052904280935002, "corr_benchmark": 0.6966647914757766, "alpha_pos_frac": 0.4046242774566474, "fund_max_dd": -0.1786129596674424, "first": "1994-04-13", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wacpx": {"sym": "wacpx", "name": "Western Asset Core Plus Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.018806148586648967, "alpha_t_5y": -1.8384169050173114, "alpha_t_full": 3.488940074295878, "r2_5y": 0.8865720837011751, "r2_full": 0.0, "corr_portfolio": -0.00015847678012290424, "corr_benchmark": 0.7502480986135237, "alpha_pos_frac": 0.5664739884393064, "fund_max_dd": -0.2557367240450402, "first": "1998-07-08", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "waemx": {"sym": "waemx", "name": "Wasatch Emerging Markets Small Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.06157165491920949, "alpha_t_5y": -1.2575507211230221, "alpha_t_full": -0.9063541444412243, "r2_5y": 0.5951994316118094, "r2_full": 0.6777523632631222, "corr_portfolio": 0.2698294487282327, "corr_benchmark": 0.42959574738022066, "alpha_pos_frac": 0.48717948717948717, "fund_max_dd": -0.662762510251649, "first": "2007-10-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "waesx": {"sym": "waesx", "name": "Wasatch Emerging Markets Select Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08053851157851039, "alpha_t_5y": -1.7232989366216236, "alpha_t_full": -1.3752347974975951, "r2_5y": 0.7049892967342114, "r2_full": 0.675305978525895, "corr_portfolio": 0.20194695649544897, "corr_benchmark": 0.4782568031519552, "alpha_pos_frac": 0.45569620253164556, "fund_max_dd": -0.4584647932698759, "first": "2012-12-14", "verdict": "weak/unstable alpha", "alpha_name": false}, "wafmx": {"sym": "wafmx", "name": "Wasatch Frontier Emerging Small Countries Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.09361227261436321, "alpha_t_5y": -2.108857799827967, "alpha_t_full": -1.4731819463601983, "r2_5y": 0.6452451476622949, "r2_full": 0.5315874019239237, "corr_portfolio": 0.1900086960027529, "corr_benchmark": 0.46150327389933055, "alpha_pos_frac": 0.514792899408284, "fund_max_dd": -0.4950255379554732, "first": "2012-02-01", "verdict": "weak/unstable alpha", "alpha_name": false}, "wagox": {"sym": "wagox", "name": "Wasatch Global Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.08471352634537874, "alpha_t_5y": -2.361521709739326, "alpha_t_full": -1.0691606937421159, "r2_5y": 0.8281763732825964, "r2_full": 0.8011276941254191, "corr_portfolio": 0.19451628682777078, "corr_benchmark": 0.5751002191993965, "alpha_pos_frac": 0.5072463768115942, "fund_max_dd": -0.4405746164402319, "first": "2008-11-18", "verdict": "weak/unstable alpha", "alpha_name": false}, "waigx": {"sym": "waigx", "name": "Wasatch International Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.12144148708422849, "alpha_t_5y": -3.400166212218389, "alpha_t_full": -0.8946693345764232, "r2_5y": 0.7917169250065127, "r2_full": 0.722479099251646, "corr_portfolio": 0.24077676295438555, "corr_benchmark": 0.5472425238641353, "alpha_pos_frac": 0.5381165919282511, "fund_max_dd": -0.6765889159835559, "first": "2002-07-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "wainx": {"sym": "wainx", "name": "Wasatch Emerging India Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.012221188008000549, "alpha_t_5y": 0.19264016840415307, "alpha_t_full": 1.115595384717103, "r2_5y": 0.2584229609777927, "r2_full": 0.3147699402845102, "corr_portfolio": 0.22460173510255882, "corr_benchmark": 0.2610970119321807, "alpha_pos_frac": 0.47752808988764045, "fund_max_dd": -0.41336124858606094, "first": "2011-04-27", "verdict": "weak/unstable alpha", "alpha_name": false}, "waiox": {"sym": "waiox", "name": "Wasatch International Opportunities Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.15171488684460374, "alpha_t_5y": -3.7307857217835467, "alpha_t_full": -0.888679208565482, "r2_5y": 0.6762340204541333, "r2_full": 0.6188233980390344, "corr_portfolio": 0.246120133405443, "corr_benchmark": 0.4945089752310535, "alpha_pos_frac": 0.5435897435897435, "fund_max_dd": -0.6803597207974941, "first": "2005-01-28", "verdict": "weak/unstable alpha", "alpha_name": false}, "wamcx": {"sym": "wamcx", "name": "Wasatch Ultra Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.10223961942519348, "alpha_t_5y": -2.4289117384415406, "alpha_t_full": 1.0044602406334862, "r2_5y": 0.8665040981751411, "r2_full": 0.8085136342336806, "corr_portfolio": 0.08638392730494919, "corr_benchmark": 0.5640408188646092, "alpha_pos_frac": 0.521551724137931, "fund_max_dd": -0.6570288569561195, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wamfx": {"sym": "wamfx", "name": "Boston Trust Walden Midcap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.011134882686017698, "alpha_t_5y": -0.48275254667632983, "alpha_t_full": 0.34042565911523986, "r2_5y": 0.8761788019588552, "r2_full": 0.9143444359677584, "corr_portfolio": 0.32954653025505865, "corr_benchmark": 0.5618148248759072, "alpha_pos_frac": 0.5257142857142857, "fund_max_dd": -0.3680628489078037, "first": "2011-08-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wamvx": {"sym": "wamvx", "name": "Wasatch Micro Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.005933524416318634, "alpha_t_5y": 0.19124210600972139, "alpha_t_full": 1.4401738413412613, "r2_5y": 0.8749030786891949, "r2_full": 0.8269252071484157, "corr_portfolio": 0.24996484458096963, "corr_benchmark": 0.5468543434435597, "alpha_pos_frac": 0.5022421524663677, "fund_max_dd": -0.6070201792073282, "first": "2003-07-29", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wasax": {"sym": "wasax", "name": "Nomura Asset Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.001330682288232755, "alpha_t_5y": -0.029959976826128408, "alpha_t_full": 1.324011993205685, "r2_5y": 0.5295906855980512, "r2_full": 0.4640772219150021, "corr_portfolio": 0.2899034432469541, "corr_benchmark": 0.5597930483415574, "alpha_pos_frac": 0.5317919075144508, "fund_max_dd": -0.3565379777068769, "first": "2000-07-11", "verdict": "weak/unstable alpha", "alpha_name": false}, "wasmx": {"sym": "wasmx", "name": "Boston Trust Walden SMID Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.002554288443211898, "alpha_t_5y": -0.10002932919198664, "alpha_t_full": 0.17450571270639909, "r2_5y": 0.8728897034671168, "r2_full": 0.9075065042406598, "corr_portfolio": 0.3158112680089156, "corr_benchmark": 0.5475993865680101, "alpha_pos_frac": 0.5365853658536586, "fund_max_dd": -0.3773585472913914, "first": "2012-07-02", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "watfx": {"sym": "watfx", "name": "Western Asset Core Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.008149885035090818, "alpha_t_5y": -1.0000769538701142, "alpha_t_full": 5.693134867681679, "r2_5y": 0.9149082526708429, "r2_full": -6.661338147750939e-16, "corr_portfolio": -0.049498136778808655, "corr_benchmark": 0.731083705361807, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.23105626693477166, "first": "1990-09-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "watpx": {"sym": "watpx", "name": "Western Asset Inflation Indexed Plus Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0013330390168910125, "alpha_t_5y": 0.09824959309982588, "alpha_t_full": -2.148366938672093, "r2_5y": 0.7327697601709366, "r2_full": 0.6030362067693849, "corr_portfolio": -0.056539556880802165, "corr_benchmark": 0.6391068458034175, "alpha_pos_frac": 0.5086705202312138, "fund_max_dd": -0.19173265547191654, "first": "2002-07-31", "verdict": "weak/unstable alpha", "alpha_name": false}, "wayex": {"sym": "wayex", "name": "WAYCROSS MANAGED RISK EQUITY FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.005649466107858644, "alpha_t_5y": -0.3583889468716955, "alpha_t_full": -0.5530245990937495, "r2_5y": 0.8635135418411555, "r2_full": 0.8499978945217721, "corr_portfolio": 0.2221868721802064, "corr_benchmark": 0.5591451773441146, "alpha_pos_frac": 0.5076923076923077, "fund_max_dd": -0.20765468122364827, "first": "2015-05-12", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wbalx": {"sym": "wbalx", "name": "Conservative Allocation Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.009671996265878502, "alpha_t_5y": -0.7464294321746734, "alpha_t_full": 0.3112326911866479, "r2_5y": 0.8242561991279905, "r2_full": 0.8404475444438638, "corr_portfolio": 0.2717211564679957, "corr_benchmark": 0.6247094836608215, "alpha_pos_frac": 0.48936170212765956, "fund_max_dd": -0.43039733004614555, "first": "2003-10-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "wbvnx": {"sym": "wbvnx", "name": "William Blair Small Cap Value Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0017291456472354658, "alpha_t_5y": -0.06289029118409614, "alpha_t_full": 0.06431830406319436, "r2_5y": 0.8986294567959578, "r2_full": 0.9164468946807052, "corr_portfolio": 0.355176542683468, "corr_benchmark": 0.49099360460699126, "alpha_pos_frac": 0.5411764705882353, "fund_max_dd": -0.5520345449675573, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wceax": {"sym": "wceax", "name": "Nomura Core Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.00031863004066558947, "alpha_t_5y": -0.007350230486672268, "alpha_t_full": -0.42613628948747945, "r2_5y": 0.7173295357159247, "r2_full": 0.851399839235406, "corr_portfolio": 0.26864090107707195, "corr_benchmark": 0.570862822017832, "alpha_pos_frac": 0.5844155844155844, "fund_max_dd": -0.5632909577739643, "first": "2000-07-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "wceix": {"sym": "wceix", "name": "Virtus Westchester Event-Driven Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0037915440537941505, "alpha_t_5y": 0.25423162994515436, "alpha_t_full": 0.4428425908947092, "r2_5y": 0.44550871225218025, "r2_full": 0.5686477489078116, "corr_portfolio": 0.2700544031299819, "corr_benchmark": 0.4342969335345451, "alpha_pos_frac": 0.4246575342465753, "fund_max_dd": -0.216531822469881, "first": "2014-01-07", "verdict": "weak/unstable alpha", "alpha_name": false}, "wcmgx": {"sym": "wcmgx", "name": "First Trust WCM Focused Global Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.02289298589914887, "alpha_t_5y": -0.6886132546056414, "alpha_t_full": -0.052249887779106274, "r2_5y": 0.8441300873704558, "r2_full": 0.8678612417868297, "corr_portfolio": 0.2077510621566422, "corr_benchmark": 0.5997876858314342, "alpha_pos_frac": 0.5328947368421053, "fund_max_dd": -0.3676423792494785, "first": "2013-07-03", "verdict": "weak/unstable alpha", "alpha_name": false}, "wcpbx": {"sym": "wcpbx", "name": "Core Plus Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.021740141216867754, "alpha_t_5y": 3.229092311008464, "alpha_t_full": 3.3211296175790364, "r2_5y": 0.8888626540441802, "r2_full": 0.8166279204531568, "corr_portfolio": -0.02266382603414972, "corr_benchmark": 0.679066143504003, "alpha_pos_frac": 0.4460431654676259, "fund_max_dd": -0.13537831271034084, "first": "2014-08-04", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wdiax": {"sym": "wdiax", "name": "Wilmington Enhanced Dividend Income Strategy Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007509814180836856, "alpha_t_5y": 0.367161248038146, "alpha_t_full": -1.0527311536788464, "r2_5y": 0.8631243694081985, "r2_full": 0.5956499545567744, "corr_portfolio": 0.4135099622773924, "corr_benchmark": 0.5758991974309801, "alpha_pos_frac": 0.5964125560538116, "fund_max_dd": -0.48276142893026397, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wdiv": {"sym": "wdiv", "name": "State Street(R) SPDR(R) S&P(R) Global Dividend ETF", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.03829460524763474, "alpha_t_5y": 1.959634293543853, "alpha_t_full": 1.3537145107190458, "r2_5y": 0.8652550131694539, "r2_full": 0.8644807322051764, "corr_portfolio": 0.41842656451527555, "corr_benchmark": 0.4928229642714195, "alpha_pos_frac": 0.5228758169934641, "fund_max_dd": -0.42344518892167116, "first": "2013-05-31", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wefix": {"sym": "wefix", "name": "Short Duration Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.007318834784019366, "alpha_t_5y": 1.2447858617900494, "alpha_t_full": 11.577742220786904, "r2_5y": 0.6130986104002951, "r2_full": 5.662137425588298e-15, "corr_portfolio": 0.03621468830878339, "corr_benchmark": 0.44421303775965204, "alpha_pos_frac": 0.44508670520231214, "fund_max_dd": -0.059832165076966204, "first": "1990-01-03", "verdict": "alpha in 5y window, but not persistent (lucky stretch?)", "alpha_name": false}, "weusx": {"sym": "weusx", "name": "SIIT WORLD EQUITY EX-US FUND", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 8.453829399695095e-05, "alpha_t_5y": 0.0037933610687573014, "alpha_t_full": -1.4645779604248474, "r2_5y": 0.8695635435259281, "r2_full": 0.8733632583509335, "corr_portfolio": 0.41622963201730273, "corr_benchmark": 0.48589711708943967, "alpha_pos_frac": 0.5765765765765766, "fund_max_dd": -0.6662650364430045, "first": "2007-09-05", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wggsx": {"sym": "wggsx", "name": "Wasatch Global Select Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.10915155019044837, "alpha_t_5y": -3.2243615640845045, "alpha_t_full": -2.4468829789306845, "r2_5y": 0.8263915159811098, "r2_full": 0.8512544789979248, "corr_portfolio": 0.1182245860992577, "corr_benchmark": 0.6350348942455755, "alpha_pos_frac": 0.5714285714285714, "fund_max_dd": -0.43353184735510464, "first": "2019-10-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "wgisx": {"sym": "wgisx", "name": "Wasatch International Select Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.1222125236641282, "alpha_t_5y": -3.0644237322617465, "alpha_t_full": -2.0470205814113442, "r2_5y": 0.7728394629729078, "r2_full": 0.780497300678927, "corr_portfolio": 0.09672789367643869, "corr_benchmark": 0.6085697651702847, "alpha_pos_frac": 0.5064935064935064, "fund_max_dd": -0.454878048780487, "first": "2019-10-02", "verdict": "weak/unstable alpha", "alpha_name": false}, "wgrox": {"sym": "wgrox", "name": "Wasatch Core Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05226177791356693, "alpha_t_5y": -1.6357808441795092, "alpha_t_full": 3.5627064065284677, "r2_5y": 0.8901879830203028, "r2_full": 4.440892098500626e-16, "corr_portfolio": 0.20460761712422457, "corr_benchmark": 0.5810266414797395, "alpha_pos_frac": 0.5549132947976878, "fund_max_dd": -0.6161040345439093, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "whiax": {"sym": "whiax", "name": "Nomura High Income Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.007883967926277111, "alpha_t_5y": -0.48870100068596767, "alpha_t_full": 1.9886383593608117, "r2_5y": 0.5856430836026916, "r2_full": 0.5991521764662409, "corr_portfolio": 0.30623860928512414, "corr_benchmark": 0.3822933699321789, "alpha_pos_frac": 0.5260115606936416, "fund_max_dd": -0.2617460913852856, "first": "2001-11-13", "verdict": "weak/unstable alpha", "alpha_name": false}, "whosx": {"sym": "whosx", "name": "Wasatch-Hoisington U.S. Treasury Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.006284804620615251, "alpha_t_5y": -0.24034157711407703, "alpha_t_full": 2.390737741720174, "r2_5y": 0.8682298431467752, "r2_full": 5.551115123125783e-16, "corr_portfolio": -0.1899143965571968, "corr_benchmark": 0.5959948580728329, "alpha_pos_frac": 0.4508670520231214, "fund_max_dd": -0.5421850230117555, "first": "1990-01-03", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wiefx": {"sym": "wiefx", "name": "Boston Trust Walden International Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": 0.0059442285111692686, "alpha_t_5y": 0.37745429010341497, "alpha_t_full": 0.2265527774417027, "r2_5y": 0.9285892911497656, "r2_full": 0.8914864355180601, "corr_portfolio": 0.35355379694254824, "corr_benchmark": 0.5428738066689854, "alpha_pos_frac": 0.5038759689922481, "fund_max_dd": -0.29651664172681624, "first": "2015-06-10", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "winax": {"sym": "winax", "name": "Wilmington International Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.003979734885992201, "alpha_t_5y": -0.20582711928684508, "alpha_t_full": -0.4055208988642423, "r2_5y": 0.9077257287099811, "r2_full": 0.8320258923457355, "corr_portfolio": 0.36214989126870195, "corr_benchmark": 0.5350811906812367, "alpha_pos_frac": 0.6233183856502242, "fund_max_dd": -0.6368130946080266, "first": "2001-08-28", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "wmgrx": {"sym": "wmgrx", "name": "Nomura Mid Cap Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.11954776082937493, "alpha_t_5y": -3.4831068824615903, "alpha_t_full": -2.345471584016638, "r2_5y": 0.8774765222671825, "r2_full": 0.9052517632590978, "corr_portfolio": 0.14324016972922599, "corr_benchmark": 0.6136156940016783, "alpha_pos_frac": 0.5603448275862069, "fund_max_dd": -0.5378433202293931, "first": "2005-12-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wmicx": {"sym": "wmicx", "name": "Wasatch Micro Cap Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.054843380772753726, "alpha_t_5y": -1.5333976529976616, "alpha_t_full": 2.194222925649153, "r2_5y": 0.8821300688676141, "r2_full": 0.8046319110273312, "corr_portfolio": 0.15827524793313943, "corr_benchmark": 0.5440733777140916, "alpha_pos_frac": 0.4870689655172414, "fund_max_dd": -0.6521223217044136, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - 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idiosyncratic alpha, complements portfolio", "alpha_name": true}, "wnyax": {"sym": "wnyax", "name": "Wilmington New York Municipal Bond Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0013708102987918314, "alpha_t_5y": -0.13824646042533076, "alpha_t_full": 5.566280006571044, "r2_5y": 0.3617425737385007, "r2_full": -5.773159728050814e-15, "corr_portfolio": 0.028468359768801896, "corr_benchmark": 0.3463404467852397, "alpha_pos_frac": 0.5371024734982333, "fund_max_dd": -0.11693808185885002, "first": "1993-09-23", "verdict": "weak/unstable alpha", "alpha_name": false}, "wpopx": {"sym": "wpopx", "name": "Partners III Opportunity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.05878453048937197, "alpha_t_5y": -1.876500092901142, "alpha_t_full": -1.0249009171625758, "r2_5y": 0.7782710319020902, "r2_full": 0.7964078033284502, "corr_portfolio": 0.24883797236768712, "corr_benchmark": 0.553376511717844, "alpha_pos_frac": 0.4462809917355372, "fund_max_dd": -0.5754926574454038, "first": "2006-01-04", "verdict": "weak/unstable alpha", "alpha_name": false}, "wpsgx": {"sym": "wpsgx", "name": "AB Concentrated Growth Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.0734265821718336, "alpha_t_5y": -2.8738394692121063, "alpha_t_full": 2.9425766211070994, "r2_5y": 0.8848621043591046, "r2_full": -2.220446049250313e-16, "corr_portfolio": 0.2505200651502974, "corr_benchmark": 0.5927475886070235, "alpha_pos_frac": 0.5474137931034483, "fund_max_dd": -0.4806984590002825, "first": "1994-03-01", "verdict": "sleeve mix (R\u00b2 high) - 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not alpha-driven", "alpha_name": false}, "wsbfx": {"sym": "wsbfx", "name": "Boston Trust Walden Balanced Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.020014595449328983, "alpha_t_5y": -1.7454750307307565, "alpha_t_full": 1.6343860705767954, "r2_5y": 0.9378805132487462, "r2_full": 0.9127372671652776, "corr_portfolio": 0.2931987814437124, "corr_benchmark": 0.6572765319634675, "alpha_pos_frac": 0.5241635687732342, "fund_max_dd": -0.32005000153063123, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - not alpha-driven", "alpha_name": false}, "wsefx": {"sym": "wsefx", "name": "Boston Trust Walden Equity Fund", "bucket": "all", "in_portfolio": false, "alpha_ann_5y": -0.026225495817567755, "alpha_t_5y": -1.782753081639351, "alpha_t_full": 0.7411177154224503, "r2_5y": 0.9480784157397141, "r2_full": 0.9481986654238803, "corr_portfolio": 0.3121775209640662, "corr_benchmark": 0.586563763441743, "alpha_pos_frac": 0.4627831715210356, "fund_max_dd": -0.48027225493080783, "first": "2000-05-30", "verdict": "sleeve mix (R\u00b2 high) - 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